Saturday, July 10, 2021

Tencent's $5.3 billion video games merger gets blocked by Chinese antitrust regulator

Tencent first announced plans to merge Huya and DouYu last year in a tie-up designed to streamline its stakes in the firms, which were estimated by data firm MobTech to have an 80% slice of a market worth more than $3 billion and growing fast.

from Gadgets Now https://ift.tt/3e4fIH7

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