Tencent plans to take US-listed video game streaming firm Douyu private after failing to merge it with Huya in 2021

Source: Tech – South China Morning PostTencent Holdings Ltd plans to take Douyu International Holdings Ltd private amid disagreements over strategy among executives at the Chinese video game streaming firm, two people with direct knowledge of the matter said.Tencent, the biggest shareholder in Nasdaq-listed Douyu with a 37 per cent stake, wants to team up with at least one private equity firm for the deal and is currently talking to investment banks, they said.It is aiming to complete the deal this year, said one of the people.China…Read More

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Generated by Feedzy