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Business deals

Tencent's game-streaming units Huya, DouYu to merge

Combined entity will control 80% market share in China

Huya will buy DouYu in a stock-for-stock merger deal.   © Reuters

GUANGZHOU/ WUHAN (Reuters) -- Huya Inc will buy DouYu International Holdings Ltd in a stock-for-stock merger deal, the Chinese live game streaming companies said on Monday.

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