Joyy is a company that makes video apps and games. They wanted to sell part of their business to another big company called Baidu, but the deal did not happen because they could not get permission from China's government. Now Joyy has to find someone else who wants to buy their business or figure out what to do with it. This might be hard and they might have to sell it for less money than before. Read from source...

- The article does not mention the date of the deal collapse or any specific details about the regulatory approval process that was not satisfied. This creates a sense of vague and incomplete information for the readers.
- The article implies that Joyy's 2.2% revenue growth is insignificant, but it does not provide any comparison with other similar companies or industry standards to support this claim. It also ignores the fact that revenue growth can be influenced by many factors besides market demand and consumer preferences.
- The article suggests that Joyy may need to find a new buyer for its China business, but it does not provide any evidence or data to back up this assertion. It also fails to consider other possible scenarios, such as Joyy retaining the business or partnering with another company in the market.

Negative

The article discusses the collapse of Joyy's $3.6 billion deal with Baidu and how it leaves Joyy stuck with its unwanted China business. The sentiment of the article is negative as it highlights the challenges faced by Joyy in disposing of its business, the lack of clear reasons for the deal termination, and the difficulty of finding a new buyer for its China operations.

1. Sell Joyy shares immediately if you own any, as the company faces significant challenges in disposing of its unwanted China business, which accounted for 87% of its total revenue in the third quarter. The collapse of the $3.6 billion deal with Baidu has left Joyy in a precarious position and without a clear exit strategy.
2. Avoid buying Joyy shares unless you are willing to take on high risk and uncertainty, as the company may have limited legal options to challenge Baidu's termination of the deal or force it to complete the transaction. The regulatory environment in China is also unfavorable for foreign internet companies looking to sell their assets there.
3. Monitor the developments between Joyy and Baidu, as well as any potential legal action or regulatory intervention that could affect the outcome of this dispute. Joyy may still try to revive the deal or find another buyer for its China business, but it may have to settle for a much lower price than what it was expecting from Baidu.