Baidu acquires live streaming business in China

Baidu Buys YY Live Video Streaming Business for $2.1 Billion
Baidu Inc. has acquired the YY Live streaming platform from Joyy Inc., concluding a drawn-out deal that had been in the works since 2020.
JOYY Still Undervalued After YY Live Sale To Baidu
JOYY's stock is a buy at $111/share with insights on the YY Live sale, Bigo Live updates, and Likee's performance amid TikTok's resurgence. See more.
Baidu Acquires YY Live for $2.1B, Boosting AI and Livestreaming Expansion
Baidu Inc. (NASDAQ:BIDU) saw its shares climb in Hong Kong trading on Wednesday after confirming its $2.1 billion acquisition of YY Live from JOYY Inc. (NASDAQ:YY). Baidus stock (HK:9888) surged up to 3% to HK$88.
Baidu acquires JOYY's live-streaming business in China for $2.1 billion
Baidu said on Tuesday it has acquired social media firm JOYY's live-streaming business in mainland China for about $2.1 billion, as the search engine giant looks to diversify its revenue stream. U.S.-listed shares of JOYY jumped 6%,
Baidu Completes Acquisition of JOYY’s YY Live Video Streaming Service for $2.1 Billion
JOYY Inc, a NASDAQ-listed company, has entered into agreements with Chinese tech giant Baidu to complete the sale of YY Live, its video-based entertainment live-streaming business in Mainland China. The latter paid approximately $240 million to close the deal, bringing the aggregate purchase price to $2.1 billion in cash.
Baidu acquires live streaming business in China from Joyy for $2.1B
Baidu (BIDU) announced that Baidu entered into agreements with Joyy (YY) and acquired the video-based entertainment live streaming business in
Baidu buys JOYY's China live-streaming unit for $2.1 billion in digital video push
Baidu said on Tuesday it has bought JOYY's China live-streaming business for about $2.1 billion, reviving a deal that fell through a year ago, as the search giant doubles down on the fast-growing digital video market.
Baidu’s YY Live, now infused with DeepSeek, adopts YYDS name in Chinese meme-inspired joke
Live-streaming platform YY Live has launched a chatbot called YYDS in a reference to DeepSeek and a popular meme used to ...
Why JOYY Inc. (YY) Is Skyrocketing So Far In 2025
We recently published an article titled Why These 15 E-Commerce Stocks Are Skyrocketing So Far In 2025. In this article, we ...
Joyy upgraded to Buy at Benchmark after revised YY Live deal
As previously reported, Benchmark upgraded Joyy (YY) to Buy from Hold with a $63 price target after the company announced that it has finalized ...
Investing3d
Baidu HK shares rise on $2.1 bln livestreaming deal
Baidu’s Hong Kong shares (HK: 9888) rose as much as 3% to HK$88.65, helping underpin a 2% rise in the broader Hang Seng index ...
Business Times4d
Baidu buys livestreaming site for US$2.1 billion a year after shelving deal
Chinese internet giant Baidu said on Tuesday (Feb 25) it had purchased social media platform JOYY Inc’s livestreaming ...