Baidu revenue beats estimates; to buy JOYY’s China live-streaming unit

– A + A BENGALURU/BEIJING (Nov 16): Chinese search-engine leader Baidu Inc booked a 1% rise in quarterly revenue, beating market estimates, and said it will buy streaming platform YY Live from social-media firm JOYY Inc for about US$3.6 billion to help diversify revenue sources.…

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