💨 Abstract

Baidu, the Chinese search giant, has revived a $2.1 billion deal to buy JOYY's live-streaming business, YY Live. The acquisition, delayed due to regulatory issues in 2021, is part of Baidu's strategy to strengthen its position in the digital video market and compete with rivals like Douyin and TikTok-parent ByteDance. The deal will also help unlock $1.6

Courtesy: theprint.in

Summarized by Einstein Beta 🤖