Baidu Inc. (NASDAQ: BIDU) set to take over Joyy Inc. (NASDAQ: YY) in a bid to enter video streaming space
Baidu Inc. (NASDAQ: BIDU) takes yet another step to diversify into its core search company and play catch-up in video entertainment, as the Chinese tech giant revealed it is set to take over Joyy Inc. (NASDAQ: YY) live-streaming service YY Live in China for $3.6 billion in an all-cash transaction. The report Baidu Inc. (NASDAQ: […]