China antitrust: inquiry into the merger of video game streamers Huya, DouYu puts spotlight on Tencent

China antitrust: inquiry into the merger of video game streamers Huya, DouYu puts spotlight on Tencent

South China Morning Post - Tech·2021-05-29 12:02

Tencent owns a 37 per cent stake in Huya and 38 per cent of DouYu

The merger would create a US$10 billion video game-streaming behemoth, with almost 300 million mobile monthly active users

In the second of a

four-part series

on China’s antitrust investigations into the nation’s internet and technology sectors, Josh Ye looks at the latest development in the world’s largest video gaming market. Part three covering literature and part four on ride-hailing will be published on June 12 and June 26.

When

Huya and DouYu

, China’s two biggest video game live-streaming platforms,

agreed to merge

last October, the plan was to create a US$10 billion behemoth, with almost 300 million mobile monthly active users, worthy of taking on

Amazon.com

’s streaming service

Twitch

.

The merger, which was expected to wrap up early this year, hit a snag amid China’s ongoing antitrust crackdown led by the

……

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