Huya and Douyu -- which provide videogame live-streaming services akin to Twitch in the U.S. -- are two of the largest companies of their kind in China. Both count gaming firm Tencent among their investors.
Authorities have stepped up oversight of some of China's largest technology firms over concerns of monopolistic behavior and unchecked growth, as well as how companies are collecting and using data from their millions of users. Last week, the cyber-regulator ordered a cybersecurity investigation into ride-sharing platform Didi Global Inc. The food delivery platform Meituan is also under an anti-monopoly probe, and e-commerce giant Alibaba was fined a record $2.8 billion earlier this year for antitrust violations.
The fact this is on Canadian media, we know we are entirely fucked up.
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