Tech
Baidu says it will buy Joyy's Chinese livestreaming business, YY Live, which touts 4M paying users who can tip their favorite performers, for ~$3.6B (Zheping Huang/Bloomberg)
![Baidu says it will buy Joyy's Chinese livestreaming business, YY Live, which touts 4M paying users who can tip their favorite performers, for ~$3.6B (Zheping Huang/Bloomberg)](https://ournewsfortoday.com/wp-content/uploads/2020/11/Baidu-says-it-will-buy-Joyy039s-Chinese-livestreaming-business-YY.jpg)
Zheping Huang / Bloomberg:
Baidu says it will buy Joyy’s Chinese livestreaming business, 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 business for China, a deal that will mark the search engine giant’s biggest foray into the fastest-growing arena of digital video.
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