Huya
DouYu announces receipt of proposal from Tencent for combination with Huya
Chinese game-streaming platform DouYu today announced that its Board of Directors has received a preliminary non-binding proposal letter from Tencent for combination with Huya.
Tencent in talks to merge game-streaming platforms Huya and DouYu
Chinese social media giant Tencent is driving discussions to merge the country's biggest game-streaming platforms Huya and DouYu, Bloomberg reported Wednesday citing people familiar with the matter.
Tencent invests $260 million to hold controlling stake in Huya
Huya Live, a Chinese video live streaming service, said today that Tencent has invested $262.6 million to acquire 16.52 million of its Class B shares. After completion, Tencent will become Huya's largest shareholder.