Tencent's $5.3 Billion Video Games Merger Blocked by Chinese 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 percent slice of a market worth more than $3 billion and growing fast.

from Top Tech News- News18.com https://ift.tt/3r1lVsI