Logo 27 Feb 2025

Baidu’s zombie acquisition of YY is back from the dead

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Baidu has a little jingle in its pocket.
On Tuesday, domestic media announced that Baidu has finalized its acquisition of livestreaming platform YY Live.
Why that's notable: In 2020, Baidu kicked off efforts to acquire YY Live for an initial asking price of USD 3.6 billion. But the deal collapsed ...