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JOYY Closes Sale of YY Live to Baidu
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JOYY Closes Sale of YY Live to Baidu
Feb 25, 2025 4:14 AM

06:49 AM EST, 02/25/2025 (MT Newswires) -- JOYY ( YY ) said Tuesday that it closed the sale of the YY Live video-based entertainment live streaming business in mainland China to Baidu ( BIDU ) for about $2.1 billion in cash.

JOYY ( YY ) said it received cash of $240 million Tuesday, following the receipt of $1.86 billion in February 2021.

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