Company Of The Day: Baidu

October 26th, 2020 by Trefis Team
+24.28%
Upside
95.58
Market
119
Trefis
BIDU: Baidu logo
BIDU
Baidu

Baidu (NYSE:BIDU) is reportedly nearing a deal to acquire peer JOYY’s operations in China. JOYY is the parent company of the Chinese video-based social media platform YY besides services like BIGO LIVE, Likee, HAGO and YY dating. Baidu is expected to acquire JOYY’s China business only, with the overseas business likely to continue to operate independently.

Click here for the full Trefis coverage of Baidu

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