Chinese regulator halts Huya-Douyu game-streaming merger
Zen Soo, 09 July 2021
HONG KONG – China’s market regulator on Saturday blocked the merger of Tencent-backed game streaming platforms Douyu and Huya following an anti-monopoly investigation, as authorities ramp up scrutiny of some of the country’s biggest technology companies.
Huya and Douyu — which provide videogame live-streaming services akin to Twitch in the U.S. — are two of the largest companies of their kind in China. Both count gaming firm Tencent among their investors. Continue reading “Article: Chinese regulator halts Huya-Douyu game-streaming merger”
DOUYU ALERT: Bragar Eagel & Squire, P.C. Announces That a Securities Class Action Lawsuit Has Been Filed Against DouYu International Holdings Limited and Encourages Investors to Contact the Firm
25 March 2020
Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, announces that a class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of investors that purchased DouYu International Holdings Limited (NASDAQ: DOYU) securities pursuant and/or traceable to DouYu’s July 16, 2019 initial public offering (the “IPO” or “Offering”). Investors have until May 26, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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