Sogou Map to Cease Operations on May 15
Sogou Map announced through its official website on Wednesday that it would officially stop operations at 23:00 on May 15, closing all services.
Tag: #merger
Showing 12 of 23 posts with this tag
Huya and DouYu Publish 2020Q3 Financial Reports as Merger Draws Near
Huya Inc.and DouYu International Holdings Ltd.on Nov. 11 released their financial reports for the third quarter of 2020 ended Sep. 30, revealing steady growth as the merger of the two leading Chinese esport live streaming platforms draws nearer.
11/12/20203 min read
Merger of Huya and Douyu Stopped
On Monday, China's antitrust regulator blocked Internet giant Tencent's plan to merge Huya and Douyu, two major domestic video gaming platforms.
Evergrande Auto to Be Merged, Tianjin Factory to Shut down
Forty-three days after the pre-sale of its Hengchi 5 model began, Evergrande Auto is reportedly to be acquired by another automobile company, and this acquisition may be led by the local government.
8/17/20223 min read
Sogou Announces Completion of Transaction to Go Private
Chinese online search firm Sogou announced today that it has completed a merger according to an agreement reached with Tencent Holdings on September 29, 2020.
Geely and Volvo Abort Merger, Will Set Up New Company to Combine Powertrain Units
Volvo Cars and Geely Auto have canceled plans for a full merger, instead announcing areas of cooperation on electrification, software development and autonomous-driving technology to lower costs.
2/25/20213 min read
Tencent Denies Suspention of Kandian's Recruitment; Merger of Sogou in Progress
Tencent would officially announce the merger of Sogou this week. Due to the merger, Tencent Kandian will absorb most of the business and employees of Sogou.
Honeymoon Dessert's Parent Company Completes Round of Strategic Financing
Honeymoon Dessert and Tea Buds, two Chinese food and beverage brands, have recently merged. The parent company of Honeymoon Dessert also announced the completion of a new round of strategic financing.
5/7/20223 min read
China Esports Weekly: Chinese Anti-Monopoly Authority Terminates Douyu-Huya Merger, BYD Auto Sponsors eStar.Pro
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.
Tencent's Two Major Business Units Experience Personnel Changes
Tencent issued an internal announcement about the adjustment of the positions of two of its vice presidents.
China's Top Market Regulator Bans Merger of Tencent's Video Game Streamers Huya, DouYu
China's market regulator on Saturday blocked tech giant Tencent's merger of Huya and Douyu, two videogame streaming platforms.
EV Battery Charging Firm NaaS to Be Merged With RISE Education
RISE Education announced on Tuesday that it has signed a definitive merger agreement with Data Auto Inc., also known as NaaS, serving the Chinese electric vehicle battery charging market.
2/9/20222 min read