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Game Live Streaming Platform Operators Huya, DouYu to Merge

Huya, 10/12/20

Chinese game live streaming platform operator HUYA Inc. (NYSE: HUYA) and Wuhan-based game-centric live streaming platform operator DouYu International Holdings Limited (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., a newly formed company with limited liability incorporated under the laws of the Cayman Islands and a direct wholly owned subsidiary of Huya ("Merger Sub"), and, solely for the limited purposes set forth therein, Nectarine Investment Limited ("Tencent"), a wholly owned subsidiary of Tencent Holdings Limited (0700.HK). Read More

Rumor: Today's Headlines to Launch Gamecasting Service

36Kr.com, 6/29/18

Beijing-based Bytedance Technology, operator of online and mobile news portal platform Today's Headlines, is reportedly planning to launch a new live gamecasting service, according to several industry sources speaking with media outlet 36Kr.com. Read More

Gaming SNS App 'Laoyuegou' Obtains RMB 200 Mln Series C Funding

36Kr.com, 2/26/18

Hainan-based Lexin Network Technology, operator of online gaming SNS app Laoyuegou, recently announced completion of RMB 200 mln in Series C funding from Tiantu Capital. Read More

Rumor: Google Leads RMB 500 Mln Investment in Gamecasting Platform Chushou TV

DoNews, 12/27/17

US internet giant Google has reportedly led a RMB 500 mln round of funding in Chinese online and mobile gamecasting platform Chushou TV, according to media reports. Read More

Update: China Shuts 12,000 Live Streaming Chatrooms over Content Violations

MOC, 6/29/17

China's Ministry of Culture (MOC) recently shut down 11,929 live broadcasting rooms on online live streaming platforms for content violations, and ordered 18,977 live broadcasting rooms to correct rules violations. Read More

Longzhu Games Broadcast to Invest RMB 1 Bln in Gamecasting Industry

Tencent Tech, 6/27/17

Taicang-based Juyitang Network Technology, operator of video gamecasting platform Longzhu Games Broadcast, will invest RMB 1 bln in the gamecasting industry, and will look to gain a foothold in the gaming, sports, broader entertainment, and e-commerce industries, announced CEO Chen Qidong. Read More

China to Randomly Inspect Live Streaming Platforms for Illegal Content in 2017

MOC, 1/25/17

China's Ministry of Culture has announced plans to conduct random inspections of live streaming operators in 2017, with a focus on cracking down on performances including vulgar or obscene content. Read More

Tencent Increases Investment in Video Gamecasting Platform 'Douyu TV'

36Kr.com, 8/15/16

Guangzhou-based Douyu Network Technology, operator of video gamecasting platform Douyu TV, recently announced completion of RMB 1.5 bln in Series C funding led by Qingdao Phoenix Capital and Chinese internet and mobile services firm Tencent (0700.HK). Read More

Ku6 Announces Gaming Video UGC Strategy

Sohu IT, 4/17/13

Shanda Interactive's online video subsidiary Ku6 (Nasdaq: KUTV) announced the launch of a new gaming video UGC strategy today. Read More

LeTV to Invest RMB 100 Mln in Smart TV App Developers

Netease Tech, 1/11/13

Yang Yongqiang, CTO of Chinese online video site LeTV (Leshi) (300104.SZ), announced at the Geekpark Innovation Conference today that LeTV will join with Beijing-based VC and incubator Innovation Works and Shenzhen Capital Group to establish the "Kaiping Fund" (unofficial translation; literally "Screen-On Fund"), which will invest up to RMB 100 mln in promising projects over the next three years. Read More