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