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China By Samuel BrownFebruary 25, 2025

Baidu buys JOYY’s China live-streaming unit for $2.1 billion in digital video push – Reuters

Baidu has acquired JOYY’s China live-streaming unit for $2.1 billion, bolstering its position in the digital video market. This strategic move underscores Baidu’s commitment to enhancing its content offerings and competing effectively in the rapidly evolving online entertainment sector.

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Browsing: marketplace trends