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.