News Formal

Video game livestreaming giants Huya and DouYu are merging, giving Tencent control of a US$10bil industry behemoth

  • 📰 staronline
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 75%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Huya is acquiring DouYu to create a US$10bil juggernaut in the video game livestreaming industry. Tencent, already China’s largest gaming company by revenue, will control two thirds of the new company.

A plan from Tencent Holdings to create a US$10bil Twitch-like livestreaming behemoth was officially set into motion on Monday when Huya announced a plan to merge with DouYu International Holdings, which is expected to delist from the Nasdaq in the coming months.

Before the announcement, Huya was valued at about US$5.8bil on the New York Stock Exchange while Douyu was valued at about US$4.7bil . The current plan will see Huya acquire all outstanding shares of DouYu in a stock-for-stock merger, resulting in the shareholders of each company holding about 50% of the combined company.

The impact of the merger could also extend beyond just livestreaming. The two companies have already been testing cloud gaming features that allow viewers to instantly run high-end games straight from the Web without any downloading necessary.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 4. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

China tech stocks seen as a better bet than under-fire US peersChinese Internet stocks will keep outperforming their US counterparts in the months ahead as regulatory challenges to America’s technology giants mount in Washington DC and Brussels, according to some investors.
출처: staronline - 🏆 4. / 75 더 많은 것을 읽으십시오 »