Tencent wins with merger of China’s game streaming giants Huya and DouYu –

Tencent currently has stakes in both Huya and DouYu and will have approximately 68 percent combined voting shares once the new firm is formed. Post-merger, Huya and DouYu shareholders will get fully diluted shares of the combined companies, with DouYu’s Chen Shaojie and Huya CEO Dong Rongjie becoming co-CEOs once…

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