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.