Business Advisors. Investment Banker Huya and DouYu Enter into Merger Agreement. GUANGZHOU and WUHAN, China, Oct. 12, 2020 / PRNewswire / -- HUYA Inc. (Huya) (NYSE: HUYA) and DouYu International Holdings Limited (DouYu) (NASDAQ: DOYU) today announced that they have entered into an Agreement and Plan of Merger, dated October 12, 2020 (the Merger Agreement) with Tiger Company Ltd The merger, however, was conceived before the government kicked off its high-profile anti-monopoly crackdown. In December - two months after DouYu and Huya unveiled their plans - the State.. The planned merger of Huya with Douyu International (NASDAQ:DOYU), its main rival in China's video game streaming industry, is expected to close by the first half of 2021. It will create one. HUYA's Merger And High Short Interest In late 2020, HUYA and streaming competitor DouYu International Holdings Limited (DOYU) announced a merger agreement. The deal, likely driven by Tencent would..
Pursuant to the Merger Agreement, Huya will acquire all the outstanding shares of DouYu, including ordinary shares represented by American depositary shares, through a stock-for-stock merger (the.. Huya CEO Dong Rongjie and his DouYu's Chen Shaojie, will be co-CEOs of the combined company. At the same time, it has also been agreed that Tencent will sell its own game live streaming business.. DouYu and Huya, China's top game video-streaming sites backed by internet giant Tencent Holdings, said they are still on track to merge just three months after the country's antitrust watchdog.
The merger between DouYu and Huya has been pushed by the Tencent Holdings since October. Both companies are expecting to complete the merger in H1 2021. Meanwhile, DouYu will also acquire Tencent's Penguin Esport The streaming landscape has experienced its second major shakeup this year with Huya's merger with DouYu on October 12, 2020. Huya and DouYu are China's largest streaming platforms, averaging 169 million and 165 million monthly users respectively, and will combined be worth around $11 Billion USD HUYA : Joins the Coalition to End Wildlife Trafficking Online, Leveraging Power.. 21.05. Asian ADRs Move Lower in Friday Trading: 21.05. Tencent-backed DouYu Swings to Loss in Q1, Casting Doubt on Huya Merger: 21.05. Tencent-backed Game-streaming Platform Huya Posts 8% Profit Growth in Q1: 18.05 Pursuant to the Merger Agreement, Huya will acquire all the outstanding shares of DouYu, including ordinary shares represented by American depositary shares, through a stock-for-stock merger (the Merger) The merger with DouYu doesn't change the investment thesis at all: HUYA was the biggest online gaming platform in China prior to the merger, and it will be an even bigger online gaming platform.
HUYA Stock Analysis | Douyu Merger Overview | Best Merger Stocks to Buy. Watch later. Share. Copy link. Info. Shopping. Tap to unmute. If playback doesn't begin shortly, try restarting your device. Huya and DouYu to merge. Chinese video game streaming firms Huya Inc. and DouYu International Holdings Ltd. have announced that they are set to merge in a stock-for-stock transaction, creating a combined entity valued at approximately USD$11bn (£8.4bn). Tencent Holdings Ltd., which currently owns stakes of 50.1% and 38% in Huya and DouYu respectively, will hold a controlling share over the.
Monopoly Regulators to Probe Tencent's DouYu-Huya Merger and Punish China Literature and Alibaba Chinese regulators said on Monday that they would probe the proposed merger of game live-streaming.. Chinese live streaming platforms Huya and DouYu have entered an agreement to merge. As a result of the merger, which is expected to close during the first half of 2021, DouYu will become a.. Huya also announced today that, in accordance with the terms of the Merger Agreement, its board of directors approved a cash dividend in an aggregate amount of US$200,000,000 to be paid on or. HUYA Inc. - Post-Merger + Transformation in Business Model + Undemanding Valuation. Posted on June 15, 2021 June 22, 2021 by B. In my last portfolio update, I revealed a position in HUYA Inc. (NYSE: HUYA) which I recently undertook. I had a long position in the company at a purchase price of USD 14.88. I was a little skeptical at first given the uncertainty of the Chinese strict regulation. Huya will buy DouYu International Holdings in a stock-for-stock merger deal, the Chinese live game streaming companies said on Monday. Tencent, which is Huya's biggest shareholder and also owns.
, the Chinese live game streaming companies said on Monday Huya Inc <HUYA.N> will buy DouYu International Holdings Ltd <DY8Ay.F> in a stock-for-stock merger deal, the Chinese live game streaming companies said on Monday
(R) - Huya Inc (N: HUYA) will buy DouYu International Holdings (NASDAQ: DOYU) Ltd in a stock-for-stock merger deal, the Chinese live game streaming companies said on Monday. Tencent, which. Douyu-Huya Merger Is Still Awaiting China, US Sign Off, Executive Says (Yicai Global) March 24 -- Douyu International Holdings said its planned merger with rival Huya is still waiting on approval from Chinese and US regulators, The Paper reported, citing an executive at the Chinese gaming platform
The merger was announced on Oct. 12, with the expectation that it would be completed in the first half of next year. Once completed, Douyu would delist and become a wholly owned subsidiary of Huya, while Tencent would become the controlling shareholder with 67.5 percent of the voting rights of the new company Tencent's plan to merge Huya and DouYu may meet with regulatory trouble as Beijing tightens its crackdown on monopolistic behavior by big internet companies. On Tuesday, R reported that Tencent may make concessions in exchange for a nod from the regulators who are concerned that a merger would give Tencent overwhelming dominance in the industry. Tencent is Huya's biggest shareholder. Huya Inc will buy Douyu in a stock-for-stock merger deal, the companies said in October. The merged entity would have a combined Chinese market share of more than 80%, according to data from MobTech Ultimately the merger between DouYu and Huya is a way for Tencent to protect its leading position in gaming and live streaming. Tencent holds firm control of every level of the esports supply chain and is not willing to give up this position. By bringing together and owning these distribution platforms, it protects its position but also reduces the rising acquisition costs. --Headquartered in.
Die letzten Diskussionen über HUYA Inc. (HUYA) Aktien im Forum von Yahoo Finanzen finden. Meinungen austauschen und die Ansichten von Aktienhändlern und Investoren erfahren Der Merger wird kommen To be sure, no one is suggesting that the Huya-DouYu merger could be called off. Still, that has put the transaction - the largest of its kind in China's video gaming.
Huya and DouYu Enter into Merger Agreement. share: Share on Facebook Tweet on Twitter Post to Reddit. Do NOT follow this link! October 12, 2020 - 7:30 am. GUANGZHOU and WUHAN, China, Oct. 12, 2020. A merger between China's biggest video game livestreaming platforms, Huya and Douyu International Holdings, could help cement Tencent Holdings' lead as the largest video game company in its home country amid a turbulent geopolitical environment, experts say. On Wednesday, Bloomberg reported that Tencent - which owns a 37% stake in Huya. Under the merger agreement, Huya will acquire all of Douyu's outstanding shares, including common shares represented by American depositary receipts through a share-for-share merger. The shares and ADS issued by Douyu prior to the merger will be cancelled, and Douyu will become a wholly owned subsidiary of Huya and will be delisted from NASDAQ. If the merger is completed, Dong Rongjie. huya, douyu merger terms. The recent weakness in HUYA stock maybe because there's a chance that Chinese regulators may block the merger from happening. Huya dropped 3.2%. Even with a solid set of financial results, investors appear to have concerns about its potential merger with DouYu (NASDAQ: DOYU). But the good thing is, the merger deal could still happen. Revenues increased 8% to RMB2.60.
HUYA Inc. (Huya) (NYSE: HUYA) and DouYu International Holdings Limited (DouYu) (NASDAQ: DOYU) today announced that they have entered into an Agreement and Plan of Merger, dated October 12. . ARTICLE III. REPRESENTATIONS AND WARRANTIES OF DOUYU . Except as (A) disclosed in the DouYu SEC Reports filed with, or furnished to, the SEC prior to the date hereof (other than disclosures. The merger deal planned by Tencent for two major gaming livestreaming platforms in China, Douyu and Huya, could further strengthen Tencent's leading position in the domestic market for games and. Post-merger, Huya and DouYu shareholders will get fully diluted shares of the combined companies, with DouYu's Chen Shaojie and Huya CEO Dong Rongjie becoming co-CEOs once the deal gets.
China's most popular game livestreaming platforms, Huya and DouYu, announced a US$10 billion merger. As part of the agreement, NYSE-listed Huya will acquire all the outstanding shares of Nasdaq-listed DouYu, including ordinary shares represented by ADS, through a stock-for-stock merger. As a result of the merger, DouYu will become a wholly-owned subsidiary of Huya. The transaction is. That has helped fuel opposition to the Huya-DouYu merger. When Tencent extends its market-dominant status to the video game live-streaming area, it runs the risk of violating antitrust laws, said You of Shanghai DeBund Law Offices. The merger would give Tencent a firm grip on the development, publication and online distribution of a vast number of video games from various operating units. Although rumors of a merger between Douyu and Huya have circulated for some time, Douyu finally announced on August 10 that its Board of Directors had received a preliminary non-binding proposal letter from Tencent to propose a stock-for-stock merger between Douyu and Huya. Simultaneously, Tencent spent $810 million in exchange for 30 million Huya shares to hold 51% of the company, and 70.4%.
China's two largest games live streaming companies Huya and DouYu, both of which have U.S. share listings, are to merge. The deal was initiated by social media, games and streaming giant Tencent . By: Sneha Chaudhary. DouYu International Holdings (DOYU) was soaring Monday following its agreement to be merged by fellow Chinese streaming company (HUYA) acquired in an all-share deal. DouYu's American depositary receipts rose 12.5 per cent to $15.76 while Huya's ADRs fell 9.7 per cent to $23.28. Related posts. Saudi Arabia. Chinese social media giant Tencent is driving discussions to merge the country's biggest game-streaming platforms Huya and DouYu, Bloomberg reported Wednesday citing people familiar with the matter. Tencent has been discussing such a merger with the duo over the past few months, although details have yet to be finalized, the report said, adding Tencent is seeking to become the largest. DouYu and Huya, China's top game video-streaming sites backed by Internet giant Tencent Holdings, said they are still on track to merge just three months after the country's antitrust watchdog.
. The deal is expected to close within the first half of 2021 and will see DouYu become a subsidiary of Huya. Huya will acquire all the outstanding shares of DouYu, including ordinary shares represented by American depositary shares, through a stock-for-stock merger, reads the announcement. Upon completion of the. A Huya spokesperson said the company has applied to the antitrust watchdog for a review of the proposed merger and will cooperate with the regulator. DouYu representatives didn't immediately. Why the Huya-Douyu Merger Makes Sense. 2020-08-14 Lawrence Nga. Recently, Tencent Holdings Ltd (SEHK: 700) proposed a deal that would make way for the merger of its investees, DouYu International Holdings Ltd (NASDAQ: DOYU) and HUYA Inc (NYSE: HUYA). If approved, the combined entity would have more than 300 million users, cementing its leadership in China's gaming live-streaming industry. HUYA Inc. - Post-Merger + Transformation in Business Model + Undemanding Valuation . Author: | Publish date: Tue, 15 Jun 2021, 4:46 PM . In my last portfolio update, I revealed a position in HUYA Inc. (NYSE: HUYA) which I recently undertook. I had a long position in the company at a purchase price of USD 14.88. I was a little skeptical at first given the uncertainty of the Chinese strict. Tencent is now pushing for Huya to merge with fellow live-streaming specialist DouYu (NASDAQ:DOYU), which also reported second-quarter results this morning.DouYu now has over 165 million monthly.
HUYA (A) Aktie im Überblick: Realtimekurs, Chart, Fundamentaldaten, sowie aktuelle Nachrichten und Meinungen . June 12, 2020 4:32 am. Beijing (PingWest)—Tencent is pushing forward the merger of Douyu (NASDAQ: DOYU) and Huya (NYSE: HUYA), China's top two gaming-focused live-streaming platforms, Beijing News reported, citing sources familiar with the matter. The merger, proposed by Tencent, is already. Huya Chief Executive Officer Rongjie Dong and his DouYu counter-part Shaojie Chen, will be Co-CEOs of the combined company. Tencent will integrate its game live streaming business under its Penguin arm with the combined businesses of Huya and DouYu after the merger for a total consideration of $500 million
Game streaming platform Huya has announced an all-share deal to buy competitor DouYu in a move which will create an esports empire worth more than US$11 billion. The move will merge China's two biggest competitive esports platforms, and confirms a deal initially proposed by mediator Tencent in August. Tencent currently owns 38% of DouYu, and. DouYu-Huya Merger Being Reviewed by China Under Anti-Monopoly Rules Credit: Sina Games. On Dec. 14, China's State Administration for Market Regulation (SAMR) announced that the government has started to investigate the merger between DouYu and Huya, which focuses on the concentration of undertakings in Variable Interest Entity (VIE). To. Tencent Holdings Ltd. officially made a preliminary nonbinding offer for a stock-for-stock merger of Huya Inc. and DouYu International Holdings Ltd. Under the transaction, Huya or its subsidiary would acquire each outstanding ordinary share of DouYu in exchange for a to-be-agreed number of newly issued class A ordinary shares of Huya. The proposal will be reviewed by the boards of both.