Baidu Terminates Purchase of JOYY’s Live Streaming Business
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HONG KONG (Reuters) – Chinese tech giant Baidu on Monday said it had terminated its share purchase agreement with Nasdaq listed JOYY Inc, according to a Hong Kong stock exchange filing.
JOYY operates video-based entertainment live streaming business in China.
(Reporting by Summer Zhen; Editing by Jan Harvey)
Copyright 2024 Thomson Reuters.
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