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Friday, September 24, 2021

China is unlikely to approve Baidu's $3.6 billion purchase of JOYY's YY Live: Sources

The Baidu-JOYY deal would be the latest multi-billion dollar transaction to stumble amid China's broad crackdown on private companies, notably those in the internet sector, as Beijing seeks to control big data and break down monopolistic practices.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3zAhVSR

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