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Tencent (OTC: TCEHY) recently proposed merging Huya (NYSE: HUYA) and DouYu International (NASDAQ: DOYU) , the two largest video game streaming platforms in China. Tencent owns 36.9% of Huya's shares with a 50.9% voting stake, as well as a 38% equity and voting stake in DouYu. Tencent...
In this episode of Industry Focus: Wildcard , Emily Flippen is joined by Motley Fool advisor and gaming aficionado, Aaron Bush, to talk about gaming in China and the companies leading the way. Some of the largest and fastest-growing gaming companies in the world are Chinese. Our hosts talk ab...
Bilibili ( BILI +1.1% ) has granted mainland China live-broadcast rights to the 2020 season of League of Legends global championship to Huya ( HUYA -1.1% ), DouYu ( DOYU +0.1% ) and Tencent eGame ( OTCPK:TCEHY ) . More news on: Bilibili Inc., Tencent Holdings Limited, HUYA Inc., T...
Investment thesis Just like COVID-19 has been compressing years of fundamental changes into months in many industries, Tencent ( TCEHY ) is attempting to do the same in eSports in Asia. We believe Tencent's vision goes far beyond forming a "Twitch" of Asia. The successful merger of Huya ( ...
Many entertainment companies have proved quite resilient amid this year's coronavirus-driven market volatility, and growing global demand for entertainment content points to long-term tailwinds for leading companies in the space. ^SPX data by YCharts Continue reading
DouYu International Holdings Limited (DOYU) Q2 2020 Earnings Conference Call August 10, 2020 08:00 AM ET Company Participants Mao Mao - Investor Relations Shaojie Chen - Chairman & Chief Executive Officer Hao Cao - Vice President, Branding Conference Call Participants L...
Shares of Huya (NYSE: HUYA) have fallen today, down by 8% as of 1:20 p.m. EDT, after JOYY (NASDAQ: YY) announced a share transfer to Tencent (OTC: TCEHY) . Tencent also sent Huya a non-binding proposal letter advocating for a merger. JOYY has sold 30 million Huya shares to Tencent fo...
For Q2 , DouYu International ( DOYU -4.1% ) reported revenue of RMB2.51B or $354.4M (33.9% Y/Y) beats consensus by $11.04M; live streaming revenues rose 35.8% while advertising and other revenues increased 14.5%. More news on: DouYu International Holdings Limited...
Chinese video game live-streaming platform Huya (NYSE: HUYA) said it had received a letter from Tencent (OTC: TCEHY) offering to mentor a merger between Huya and DouYu (NASDAQ: DOYU) , Huya's biggest rival in the esports streaming space. Tencent is a majority owner of Huya, having ...
DouYu (NASDAQ: DOYU ) is up 4.1% premarket and Huya (NYSE: HUYA ) up 3.8% as Tencent ( OTCPK:TCEHY ) has proposed a stock-for-stock merger of the two companies, via an acquisition by Huya. More news on: DouYu International Holdings Limited, HUYA Inc., Tencent Holdings Limited, ...
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2024-07-16 19:12:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
DouYu International Holdings Limited Announces Ex-dividend Date PR Newswire WUHAN, China , July 12, 2024 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU) a leading game-centric live streaming platform in China and...
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