Chinese game live streaming platform Huya announced its First Quarter 2022 financial results on Tuesday. The company has shown resilience in its Q1 financial performance and made great strides in expanding its user base.
News emerged recently that Huya and Douyu, leading game livestreaming platforms in China, are implementing internal layoffs. Both companies have responded to relevant news.
With the start of the 2022 LoL Pro League (LPL) Spring Split just around the corner, Huya officially announced on Monday that it has successfully acquired the exclusive broadcasting rights of the LPL for five years.
An employee of Chinese game livestreaming company Huya on Monday announced the verdict of a high-profile legal case that had pit himself against the firm.
Huya announced on Friday that it had signed a deal with EDward Gaming (EDG), the winner of the 2021 League of Legends World Championship (Worlds 2021), to broadcast on its platform.
Huya, a live streaming platform for gaming in China, has acquired exclusive broadcasting rights in China for the League of Legends (LoL) 2021 Demacia Cup.
Huya, a live streaming platform for games in China, announced its third-quarter financial report on Tuesday, showing its total net revenue reaching $461.8 million, up 5.7% year-on-year.
In mid-August, Tencent's IEG announced a series of departmental and personnel adjustments to set up an eGame Center, which would be fully responsible for product R&D, operation and promotion of eGame.
Live streaming platform and BIGO owner JOYY announced its unaudited financial results for the second quarter of 2021 on Thursday, showing revenue reaching $662 million, up 39.7% year-on-year.
Last week was significant for the esports industry in China as the Chinese anti-monopoly authority terminated the merger between China’s two largest gaming live streaming companies - Douyu and Huya. Both live streaming platforms are controlled by Chinese conglomerate Tencent Holdings, and Tencent would have had a 70% market share of the live stream gaming sector if the merger had gone ahead.
Last week, the Chinese esports industry experienced some early summer heat that brought new changes to the scene, witnessing some significant esports announcements from the Beijing government.
