Nov 17, 2020 12:27 PM (GMT+8) · EqualOcean
On November 17, huanju group announced that it had signed a final agreement with Baidu. Baidu will purchase YY domestic live broadcast of huanju for about $3.6 billion, which is expected to be completed in the first half of 2021. A we media article said that byte beat intends to acquire the overseas business of YY parent company huanju group, which may have entered the negotiation stage at present. In response, huanju group responded that the report was seriously untrue and the company had no plan to sell its overseas business.

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