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Baidu-JOYY deal unlikely to get approval: report · TechNode


Baidu’s $3.6 billion acquisition of YY Live, a streaming business of social media firm JOYY, is unlikely to win the approval of China’s antitrust regulator, Reuters reported on Sept. 24, citing two unnamed sources. Chinese search engine giant Baidu announced it would buy YY Live in November. [Reuters]



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Written by Aakash Malu

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