Article: Chinese regulator halts Huya-Douyu game-streaming merger

Article - Media

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”

THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?