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Spotlight Monday Alibaba Alibaba, Baidu and others invested | 86insider

Spotlight Monday

Alibaba
Alibaba, Baidu and others invested in a core chip vendor Phytium , increasing the company's registered capital by about US$13 million.

Baidu
China's antitrust regulator is unlikely to approve Baidu's US$3.6 billion acquisition of JOYY Inc's video-based domestic livestreaming business YY Live .

Tencent
Tencent bought 22% of shares in Polish game developer Bloober Team for US$19.5 million.