Baidu says it will buy Joyy's Chinese livestreaming enterprise, YY Live, which touts 4M paying users who can tip their favorite performers, for ~$3.6B (Zheping Huang/Bloomberg)


Zheping Huang / Bloomberg:

Baidu says it will buy Joyy’s Chinese livestreaming enterprise, YY Live, which touts 4M paying users who can tip their favorite performers, for ~$3.6B  —  Baidu Inc. agreed to buy Joyy Inc.’s livestreaming enterprise for China, a deal that will mark the search engine big’s greatest foray into the fastest-growing area of digital video.

We will be happy to hear your thoughts

Leave a Reply

TechnoIndia
Logo
Reset Password