A Tencent Games sign is seen at the China Digital Entertainment Expo and Conference (ChinaJoy) in Shanghai, following the coronavirus disease (COVID-19) outbreak, China July 31, 2020. Photo: Reuters
A Tencent Games sign is seen at the China Digital Entertainment Expo and Conference (ChinaJoy) in Shanghai, following the coronavirus disease (COVID-19) outbreak, China July 31, 2020. Photo: Reuters
Tencent

Beijing’s decision to block Tencent’s Douyu-Huya merger deal marks end of freewheeling internet era in China

  • Decision to reject the Douyu-Huya merger, which would have created a video game streaming behemoth worth more than US$10 billion, sets a precedent
  • Analysts say blocked merger may force Tencent to sell off its stake in one of the two streaming companies, given ongoing antitrust regulation risks

Topic |   Tencent
A Tencent Games sign is seen at the China Digital Entertainment Expo and Conference (ChinaJoy) in Shanghai, following the coronavirus disease (COVID-19) outbreak, China July 31, 2020. Photo: Reuters
A Tencent Games sign is seen at the China Digital Entertainment Expo and Conference (ChinaJoy) in Shanghai, following the coronavirus disease (COVID-19) outbreak, China July 31, 2020. Photo: Reuters
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