Tencent wins with merger of China's game streaming giants Huya and DouYu - best smartphone in 2020

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Tuesday, 13 October 2020

Tencent wins with merger of China's game streaming giants Huya and DouYu


Tencent currently has stakes in both Huya and DouYu and will have approximately 68 percent combined voting shares once the new firm is formed. Post-merger, Huya and DouYu shareholders will get fully diluted shares of the combined companies, with DouYu’s Chen Shaojie and Huya CEO Dong Rongjie becoming co-CEOs once...

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