Baidu terminates purchase of JOYY's live streaming business

JOYY

01/01/2024 11:29

By Summer Zhen
       HONG KONG, Jan 1 (Reuters) - Chinese tech giant Baidu
 9888.HK  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)
 ((summer.zhen@thomsonreuters.com; 852-3462-7739;))