∗huya Archives - Page 2 of 2

Suning Esports Partners with KFC and Roewe Prior to League of Legends World Championship Finals

The 2020 League of Legends World Championship Grand Final is only two days away.

Huya Merges with Douyu, Tencent Controls $10B Esport Livestreaming Mammoth

NYSE-listed video game livestreaming platform Huya Inc. announced on Oct. 12 to buy DouYu International Holdings Ltd., which is expected to delist from the Nasdaq, creating a $10 billion livestream mammoth.

DouYu Wins ¥30M Lawsuit Against Esports Organization Royal Never Give-Up

Chinese live streaming platform DouYu has been awarded ￥30M Chinese yuan ($4.48M USD) in a lawsuit against Leyou Network Technology.

Bilibili Shares 2020 LoL World Championship Media Rights with Douyu, Huya and Tencent’s eGame

Chinese video and live streaming company Bilibili announced that the company has agreed to share media rights for the 2020 League of Legends World Championship (Worlds) with Douyu, Huya, and eGame.

JOYY Q2 Revenue Surges to $826M

Video-based social media platform JOYY Inc. on Thursday reported net revenue of $826.6 million in the second quarter of 2020, up 36.3% year-on-year.

Tencent to Merge Douyu and Huya to Compete with Bilibili and Kuaishou

Tencent is planning to consolidate Huya and Douyu, the two biggest gaming-focused live-streaming platforms in China.

China’s Cyber Administration Punishes Live streaming sites for Spreading Vulgar Content

China cyber watchdog punishes the country’s major online live streaming platforms for spreading “vulgar” content.

Huya Stocks Rise Over 7% Against The Market, Could Merge With Douyu By the End of This Year

Live-streaming platform Huya gained 7.54%, with the stock price climbing to $17.25, giving it a total market value of $3.786 billion as the mergence between Huya and Douyu is said to be underway.

Online Education or Game Marketing? Huya TV Removes Ads and Refunds Students in Response

Huya, a leading video game live streaming platform in China, apologized for its mistake in including game marketing in one of its education service function.

Overseas Livestreaming Drives Huya Parent JOYY’s First Quarter Revenue Growth

Video-based social media platform JOYY reported strong growth in the first quarter of 2020 as the company further pushes its overseas live-streaming apps.

Tencent Sends New Directors to Boards of Douyu and Huya

Tencent has appointed new directors to serve on the boards of Douyu and Huya.

Kuaishou’s Pre-IPO Valuation Reaches $25 Billion

According to people familiar with the matter, the pre-IPO valuation of Kuaishou, one of China’s leading short-video start-ups, has reached $25 billion.

Huya Profits Grow for Seventh Straight Quarter

Benefitting from the expansion of its user base, Huya, a leading game live streaming platform in China, continued gaining profits for the seventh consecutive quarter, according to its newly released earnings report in the second quarter of 2019.

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