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DouYu International Holdings Ltd - ADR Company Name:
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Shares of DouYu (NASDAQ: DOYU) popped Monday, trading 9.3% higher as of 1:10 p.m. EDT, while shares of Huya (NYSE: HUYA) had dropped by 12.5% after Huya announced it would acquire rival DouYu. Chinese tech giant Tencent (OTC: TCEHY) , which owns stakes in b...
Chinese live-streaming game platform Huya (NYSE: HUYA) announced today that it has agreed to acquire rival DouYu International Holdings (NASDAQ: DOYU) in a deal that values DouYu at $6 billion. But it is Tencent (OTC: TCEHY) that comes out the big winner since it own...