ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
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.

Tencent, which is Huya's biggest shareholder and also owns over a third of DouYu, had been pushing for the deal for months, Reuters reported in August. 

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more