19 May Huya and DouYu Combine for $740M in Q1 Revenues Prior to Planned Merger
Chinese live streaming platforms Huya and DouYu published their quarterly earnings for the first quarter of 2021, generating combined revenues of ¥4.76B RMB ($740M USD). Both companies share Tencent as their largest shareholder, which initiated a merger process between the two companies last year. The business combination is expected to close during the first half […]
The post Huya and DouYu Combine for $740M in Q1 Revenues Prior to Planned Merger first appeared on The Esports Observer.
Business, China, Finance, News, Aarhus GF, douyu, financial reports, Huya, Tencent
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