A Tencent Games logo is seen at the China Digital Entertainment Expo and Conference in Shanghai, July 31, 2020. Photo: Reuters A Tencent Games logo is seen at the China Digital Entertainment Expo and Conference in Shanghai, July 31, 2020. Photo: Reuters
A Tencent Games logo is seen at the China Digital Entertainment Expo and Conference in Shanghai, July 31, 2020. Photo: Reuters
Mobile gaming

Tencent initiates merger of China’s Twitch-like sites Huya and Douyu in move to consolidate gaming lead

  • The deal comes as Tencent aims to cement its position in the domestic gaming and e-sports market as Chinese tech companies come under heavy scrutiny in the US
  • After the transaction, Tencent’s stake in Huya would be 51 per cent and its voting power will increase to 70.4 per cent

Topic |   Mobile gaming
A Tencent Games logo is seen at the China Digital Entertainment Expo and Conference in Shanghai, July 31, 2020. Photo: Reuters A Tencent Games logo is seen at the China Digital Entertainment Expo and Conference in Shanghai, July 31, 2020. Photo: Reuters
A Tencent Games logo is seen at the China Digital Entertainment Expo and Conference in Shanghai, July 31, 2020. Photo: Reuters
READ FULL ARTICLE