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BEIJING — China’s market regulator, the State Administration for Market Regulation (SAMR), on July 10 blocked a $5.3 billion merger between two of the country’s largest live video game-streaming sites on antitrust grounds. Chinese video live-streaming service DouYu and video game publisher Huya’s merger was valued at about $5.3 billion and was orchestrated by Chinese multinational tech and gaming giant Tencent. However, a […]
The post China’s Market Watchdog Halts .3 Billion Merger Of Live-streaming Firms Huya And DouYu first appeared on The Florida Star | The Georgia Star.
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