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Stock impact report

Tencent-backed video game live-streamers Douyu and Huya deny merger rumours as ByteDance deal threatens their status [Yahoo! Finance]

DouYu International Holdings Limited - American Depositary Shares (DOYU) 
Last douyu international holdings limited - american depositary shares earnings: 3/19 02:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Holdings - but acknowledged the two firms are working together in some areas, according to local media reports. Douyu said on Monday that there are no merger plans between the two companies, according to The Paper, an online news organisation under state-backed Shanghai United Media Group. The fresh rumours have emerged more than three years after regulators quashed a planned merger of the country's two largest game live-streaming platforms orchestrated by Tencent. The denial also came a day after Douyu and Huya jointly launched an online gala, which airs on February 6 and 7, featuring singing, dancing and other performances by influencers and live-streamers from both platforms. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Douyu and Huya did not immediately respond to requests fo Show less Read more
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