M&A
VR startup Pico confirms acquisition by ByteDance
Chinese VR startup Pico has confirmed in an all-staff letter that it has been acquired by Beijing-based TikTok parent company ByteDance, jiemian.com reported Sunday.
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.