Baidu terminates purchase of JOYY's live streaming business

Baidu terminates purchase of JOYY's live streaming business

FILE PHOTO: A logo of Baidu is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song/File Photo/File Photo

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.

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