China's Tencent faces concessions to win green light for giant videogaming merger: sources

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China's Tencent faces concessions to win green light for giant videogaming merger: sources

reuters2021-03-23

(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...

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Comment（22）

YQ17
·2021-07-07
Are they really merging a not?
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hanks1705
·2021-03-29
Is it time to buy tencent now?
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Atta9
·2021-03-29
Hi
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1
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Jack in the Stock
·2021-03-25
Tencent is huge!
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Jewoo
·2021-03-23
Buy the dip
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xiaoyinggg
·2021-03-23
fly pls
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3
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- Ericlam:
  Nice
  2021-03-23
  Reply
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JasonNg07
·2021-03-23
Like
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2
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Ericlam
·2021-03-23
Hope it go through. I had invested in Huya.
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6
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- MZ39:
  same too hope it will fly tonight
  2021-03-23
  Reply
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Timtan85
·2021-03-23
Comment n like pls
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2
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- xiaoyinggg:
  comment
  2021-03-23
  Reply
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- Ericlam:
  Nice
  2021-03-23
  Reply
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HaizCashAcc
·2021-03-23
Nice
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AxThePro
·2021-03-23
Tell me your opinion about this news...
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1
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- Tomji:
  Someone is not getting a slice of the cake???
  2021-03-23
  Reply
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Nix520
·2021-03-23
Like..
Reply
1
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dkpoh
·2021-03-23
666
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1
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Jchptan
·2021-03-23
Comment pls
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1
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- Nix520:
  ?
  2021-03-23
  Reply
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- AxThePro:
  Ok
  2021-03-23
  Reply
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Allvinnnn
·2021-03-23
Comment please
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5
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- Nix520:
  ?
  2021-03-23
  Reply
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Judgers
·2021-03-23
Pls like and comment. Thanks
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4
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- buckethead:
  ok, done
  2021-03-23
  Reply
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- jonjonjon:
  comment back please
  2021-03-23
  Reply
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来人
·2021-03-23
YES!!!
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2
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- 来人:
  Let's anjoy the ride!
  2021-03-23
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- jonjonjon:
  comment back please
  2021-03-23
  Reply
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紫霞少女
·2021-03-23
Comment
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3
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- Ericlam:
  Nice
  2021-03-23
  Reply
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bsong
·2021-03-23
Interesting
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2
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jw321
·2021-03-23
hi please like and comment! thanks!
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- nosferatu:
  done
  2021-03-23
  Reply
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- jw321:
  please help to comment!
  2021-03-23
  Reply
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Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":140099535,"gmtCreate":1625618272527,"gmtModify":1703744938670,"author":{"id":"3579605390417452","authorId":"3579605390417452","name":"YQ17","avatar":"https://static.tigerbbs.com/27a39a8720408cb33a5ee4fb46fdc580","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579605390417452","authorIdStr":"3579605390417452"},"htmlText":"Are they really merging a not?","listText":"Are they really merging a not?","text":"Are they really merging a not?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/140099535","repostId":1162097124,"repostType":2,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":355192174,"gmtCreate":1617032916098,"gmtModify":1704801196285,"author":{"id":"3563506333196915","authorId":"3563506333196915","name":"hanks1705","avatar":"https://static.tigerbbs.com/561b464f9e4a88551ca79eb30c99c587","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3563506333196915","authorIdStr":"3563506333196915"},"htmlText":"Is it time to buy tencent now?","listText":"Is it time to buy tencent now?","text":"Is it time to buy tencent now?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355192174","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":352712232,"gmtCreate":1617004481926,"gmtModify":1704800682705,"author":{"id":"3578876240958048","authorId":"3578876240958048","name":"Atta9","avatar":"https://static.tigerbbs.com/cb226d826ed8286991a6b58e986133dd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578876240958048","authorIdStr":"3578876240958048"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/352712232","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":351708873,"gmtCreate":1616631101792,"gmtModify":1704796608393,"author":{"id":"3561548364525556","authorId":"3561548364525556","name":"Jack in the Stock","avatar":"https://community-static.tradeup.com/news/ef3c19f727783ca8030d5aab5b19df10","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1,"idStr":"3561548364525556","authorIdStr":"3561548364525556"},"htmlText":"Tencent is huge!&nbsp;","listText":"Tencent is huge!&nbsp;","text":"Tencent is huge!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351708873","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353422445,"gmtCreate":1616514783787,"gmtModify":1704795211877,"author":{"id":"3578211149235322","authorId":"3578211149235322","name":"Jewoo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578211149235322","authorIdStr":"3578211149235322"},"htmlText":"Buy the dip","listText":"Buy the dip","text":"Buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353422445","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353657875,"gmtCreate":1616494682697,"gmtModify":1704794820823,"author":{"id":"3578396933520971","authorId":"3578396933520971","name":"xiaoyinggg","avatar":"https://static.tigerbbs.com/8600ad32e3fc5468573b589bdcd0dda3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578396933520971","authorIdStr":"3578396933520971"},"htmlText":"fly pls","listText":"fly pls","text":"fly pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353657875","repostId":1162097124,"repostType":2,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3862284,"gmtCreate":1616496253339,"gmtModify":1680781405752,"authorId":3559787818034959,"author":{"id":3559787818034959,"idStr":"3559787818034959","authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.15","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353657875,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":353662767,"gmtCreate":1616492649559,"gmtModify":1704794793561,"author":{"id":"3578369999666421","authorId":"3578369999666421","name":"JasonNg07","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3578369999666421","authorIdStr":"3578369999666421"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353662767","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353879914,"gmtCreate":1616486843038,"gmtModify":1704794703591,"author":{"id":"3559787818034959","authorId":"3559787818034959","name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":7,"crmLevelSwitch":1,"idStr":"3559787818034959","authorIdStr":"3559787818034959"},"htmlText":"Hope it go through. I had invested in Huya.","listText":"Hope it go through. I had invested in Huya.","text":"Hope it go through. I had invested in Huya.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353879914","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3862893,"gmtCreate":1616501354678,"gmtModify":1680781413553,"authorId":3572322201202012,"author":{"id":3572322201202012,"idStr":"3572322201202012","authorId":3572322201202012,"name":"MZ39","avatar":"https://static.tigerbbs.com/30eb7b5a7db02258a92e8e407af0f568","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353879914,"type":1,"supId":0,"prevId":0,"content":"same too hope it will fly tonight","text":"same too hope it will fly tonight","html":"same too hope it will fly tonight"}],"langContent":"EN"},{"id":353864794,"gmtCreate":1616483024818,"gmtModify":1704794659298,"author":{"id":"3573460795152662","authorId":"3573460795152662","name":"Timtan85","avatar":"https://static.tigerbbs.com/5ac241a703d94ceba483abb0655d0b6b","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"idStr":"3573460795152662","authorIdStr":"3573460795152662"},"htmlText":"Comment n like pls","listText":"Comment n like pls","text":"Comment n like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/353864794","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3862149,"gmtCreate":1616494848361,"gmtModify":1680781403460,"authorId":3578396933520971,"author":{"id":3578396933520971,"idStr":"3578396933520971","authorId":3578396933520971,"name":"xiaoyinggg","avatar":"https://static.tigerbbs.com/8600ad32e3fc5468573b589bdcd0dda3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353864794,"type":1,"supId":0,"prevId":0,"content":"comment","text":"comment","html":"comment"},{"id":3861258,"gmtCreate":1616486857548,"gmtModify":1680781389857,"authorId":3559787818034959,"author":{"id":3559787818034959,"idStr":"3559787818034959","authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.15","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353864794,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":353814172,"gmtCreate":1616480261896,"gmtModify":1704794630213,"author":{"id":"3572579289083558","authorId":"3572579289083558","name":"HaizCashAcc","avatar":"https://static.tigerbbs.com/126d9535883d74ae2c58165fa92b15a7","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":6,"crmLevelSwitch":0,"idStr":"3572579289083558","authorIdStr":"3572579289083558"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353814172","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353814067,"gmtCreate":1616480214059,"gmtModify":1704794630050,"author":{"id":"3570577365102413","authorId":"3570577365102413","name":"AxThePro","avatar":"https://static.tigerbbs.com/34f34509388e5b73a59321b8fe9c49fc","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3570577365102413","authorIdStr":"3570577365102413"},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353814067","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3860767,"gmtCreate":1616480757581,"gmtModify":1680781382636,"authorId":3577325505292125,"author":{"id":3577325505292125,"idStr":"3577325505292125","authorId":3577325505292125,"name":"Tomji","avatar":"https://static.tigerbbs.com/532a3a0ad4f7404cd51e8a18187863b7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353814067,"type":1,"supId":0,"prevId":0,"content":"Someone is not getting a slice of the cake??? ","text":"Someone is not getting a slice of the cake??? ","html":"Someone is not getting a slice of the cake??? "}],"langContent":"EN"},{"id":353815864,"gmtCreate":1616480165158,"gmtModify":1704794629066,"author":{"id":"3573461632438185","authorId":"3573461632438185","name":"Nix520","avatar":"https://static.itradeup.com/news/9c983fb8c3e9c25ae8ec878d85589454","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573461632438185","authorIdStr":"3573461632438185"},"htmlText":"Like..&nbsp;","listText":"Like..&nbsp;","text":"Like..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353815864","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353815130,"gmtCreate":1616480154720,"gmtModify":1704794628905,"author":{"id":"3569639956293909","authorId":"3569639956293909","name":"dkpoh","avatar":"https://static.tigerbbs.com/c363fe0c37055ba864124087c92ab292","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3569639956293909","authorIdStr":"3569639956293909"},"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353815130","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353812648,"gmtCreate":1616480039584,"gmtModify":1704794627930,"author":{"id":"3547639144615679","authorId":"3547639144615679","name":"Jchptan","avatar":"https://static.tigerbbs.com/d97f1aa10a314dfb46a4e618e4f46ac6","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3547639144615679","authorIdStr":"3547639144615679"},"htmlText":"Comment pls","listText":"Comment pls","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/353812648","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3860718,"gmtCreate":1616480134207,"gmtModify":1680781386384,"authorId":3573461632438185,"author":{"id":3573461632438185,"idStr":"3573461632438185","authorId":3573461632438185,"name":"Nix520","avatar":"https://static.itradeup.com/news/9c983fb8c3e9c25ae8ec878d85589454","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353812648,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"},{"id":3860725,"gmtCreate":1616480200440,"gmtModify":1680781380955,"authorId":3570577365102413,"author":{"id":3570577365102413,"idStr":"3570577365102413","authorId":3570577365102413,"name":"AxThePro","avatar":"https://static.tigerbbs.com/34f34509388e5b73a59321b8fe9c49fc","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353812648,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":353816621,"gmtCreate":1616479901763,"gmtModify":1704794626153,"author":{"id":"3569744362079614","authorId":"3569744362079614","name":"Allvinnnn","avatar":"https://static.tigerbbs.com/98e403cb9c50c45dea81dc989c3d88bb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569744362079614","authorIdStr":"3569744362079614"},"htmlText":"Comment please","listText":"Comment please","text":"Comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353816621","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3860720,"gmtCreate":1616480145098,"gmtModify":1680781383554,"authorId":3573461632438185,"author":{"id":3573461632438185,"idStr":"3573461632438185","authorId":3573461632438185,"name":"Nix520","avatar":"https://static.itradeup.com/news/9c983fb8c3e9c25ae8ec878d85589454","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353816621,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"},{"id":353811507,"gmtCreate":1616479718409,"gmtModify":1704794625163,"author":{"id":"3566321437917881","authorId":"3566321437917881","name":"Judgers","avatar":"https://static.tigerbbs.com/a761a14762018f4253888680f7fe7965","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3566321437917881","authorIdStr":"3566321437917881"},"htmlText":"Pls like and comment. Thanks&nbsp;","listText":"Pls like and comment. Thanks&nbsp;","text":"Pls like and comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/353811507","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3862009,"gmtCreate":1616493489034,"gmtModify":1680781409240,"authorId":3573341177962944,"author":{"id":3573341177962944,"idStr":"3573341177962944","authorId":3573341177962944,"name":"buckethead","avatar":"https://static.tigerbbs.com/fb0baba9e10b75fa4dc0ff143e54bbea","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353811507,"type":1,"supId":0,"prevId":0,"content":"ok, done","text":"ok, done","html":"ok, done"},{"id":3860665,"gmtCreate":1616479732516,"gmtModify":1680781385906,"authorId":3575126782693657,"author":{"id":3575126782693657,"idStr":"3575126782693657","authorId":3575126782693657,"name":"jonjonjon","avatar":"https://static.tigerbbs.com/fc3db2bae6a42cbbca363056110e3404","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353811507,"type":1,"supId":0,"prevId":0,"content":"comment back please","text":"comment back please","html":"comment back please"}],"langContent":"EN"},{"id":353813138,"gmtCreate":1616479557224,"gmtModify":1704794621914,"author":{"id":"3575544575320394","authorId":"3575544575320394","name":"来人","avatar":"https://static.tigerbbs.com/0af89587decbb8a1d3e1596adc29cb98","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3575544575320394","authorIdStr":"3575544575320394"},"htmlText":"YES!!!&nbsp;","listText":"YES!!!&nbsp;","text":"YES!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/353813138","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3863111,"gmtCreate":1616503087259,"gmtModify":1680781422610,"authorId":3575544575320394,"author":{"id":3575544575320394,"idStr":"3575544575320394","authorId":3575544575320394,"name":"来人","avatar":"https://static.tigerbbs.com/0af89587decbb8a1d3e1596adc29cb98","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353813138,"type":1,"supId":3860667,"prevId":0,"content":"Let's anjoy the ride!","text":"Let's anjoy the ride!","html":"Let's anjoy the ride!"},{"id":3860667,"gmtCreate":1616479742444,"gmtModify":1680781380370,"authorId":3575126782693657,"author":{"id":3575126782693657,"idStr":"3575126782693657","authorId":3575126782693657,"name":"jonjonjon","avatar":"https://static.tigerbbs.com/fc3db2bae6a42cbbca363056110e3404","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353813138,"type":1,"supId":0,"prevId":0,"content":"comment back please","text":"comment back please","html":"comment back please"}],"langContent":"EN"},{"id":353819789,"gmtCreate":1616479516641,"gmtModify":1704794621262,"author":{"id":"3569880573857204","authorId":"3569880573857204","name":"紫霞少女","avatar":"https://static.tigerbbs.com/dbc9aeadf774aaa9cf89d89d3a832f3c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569880573857204","authorIdStr":"3569880573857204"},"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353819789","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3861262,"gmtCreate":1616486900901,"gmtModify":1680781391115,"authorId":3559787818034959,"author":{"id":3559787818034959,"idStr":"3559787818034959","authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.15","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353819789,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":353810461,"gmtCreate":1616479435253,"gmtModify":1704794619631,"author":{"id":"3577306082625040","authorId":"3577306082625040","name":"bsong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577306082625040","authorIdStr":"3577306082625040"},"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353810461","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353837099,"gmtCreate":1616479123511,"gmtModify":1704794616537,"author":{"id":"3574053691106982","authorId":"3574053691106982","name":"jw321","avatar":"https://static.tigerbbs.com/1263b51c7856e75fbd5cf4072078ca6e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574053691106982","authorIdStr":"3574053691106982"},"htmlText":"hi please like and comment! thanks!","listText":"hi please like and comment! thanks!","text":"hi please like and comment! thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/353837099","repostId":1162097124,"repostType":4,"repost":{"id":"1162097124","pubTimestamp":1616478394,"share":"https://ttm.financial/m/news/1162097124?lang=&edition=fundamental","pubTime":"2021-03-23 13:46","market":"us","language":"en","title":"China's Tencent faces concessions to win green light for giant videogaming merger: sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1162097124","media":"reuters","summary":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to ","content":"<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.</p>\n<p>Tencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.</p>\n<p>But with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.</p>\n<p>China’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.</p>\n<p>Tencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.</p>\n<p>The change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.</p>\n<p>A separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.</p>\n<p>Huya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.</p>\n<p>“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.</p>\n<p>Announcing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.</p>\n<p>This has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.</p>\n<p>The Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tencent faces concessions to win green light for giant videogaming merger: sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Tencent faces concessions to win green light for giant videogaming merger: sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, ...</p>\n\n<a href=\"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6af724efafb5788a889a167ca9c1dc5c","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"source_url":"https://www.reuters.com/article/us-china-tech-antitrust-tencent/chinas-tencent-faces-concessions-to-win-green-light-for-giant-videogaming-merger-sources-idUSKBN2BF0EQ?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162097124","content_text":"(Reuters) - Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country’s top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters.\nTencent, China’s No. 1 videogame and social media firm, first announced plans to merge Huya and DouYu last year in a tieup designed to streamline its stakes in the firms, estimated by data firm MobTech to have an 80% slice of a market already worth more than $3 billion and growing fast.\nBut with regulators concerned the deal would give Tencent overwhelming dominance, it’s willing to settle for approval subject to conditions, according to the people, who declined to be named due to the sensitivity of the matter.\nChina’s State Administration of Market Regulation (SAMR) said in December it was reviewing the merger.\nTencent, Huya, DouYu and SAMR did not immediately respond to Reuters’ requests for comment.\nThe change of tack comes amid Beijing’s sweeping anti-monopoly crackdown on China’s internet giants. The crackdown started with 2020’s shelving of financial technology firm Ant Group’s $37 billion initial public offering, and has expanded across the sector, battering share prices and prompting some to take pre-emptive measures before they are targeted.\nA separate person with direct knowledge of the deal said the antitrust review of the merger had been an “elongated process”, but nothing concrete had been communicated from the regulator to the companies regarding potential concessions.\nHuya and DouYu are ranked No. 1 and No. 2, respectively, as China’s most popular video game streaming sites, where users flock to watch e-sports tournaments and follow professional gamers. Tencent is Huya’s biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United States, and worth a combined $10 billion by market value.\n“Tencent has a dominant position in game publishing in China, while the two live-streaming sites combined would be tantamount to gargantuan in the business,” one of the people with knowledge of the matter told Reuters.\nAnnouncing the Huya-DouYu plan last October, Tencent said it aimed to fold its own fully-owned videogame live-streaming business into the combined businesses of Huya and DouYu after the merger under its Penguin arm.\nThis has, however, triggered concerns, said the people familiar with the matter. Tencent requires user-agreement that company-owned games cannot be live-streamed on other platforms without its approval.\nThe Chinese tech giant had been using this requirement to block competitors, such as ByteDance, which is making a foray into gaming scene, from using content for which Tencent owns intellectual property.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3860915,"gmtCreate":1616482596748,"gmtModify":1680781394348,"authorId":3573969380135724,"author":{"id":3573969380135724,"idStr":"3573969380135724","authorId":3573969380135724,"name":"nosferatu","avatar":"https://static.tigerbbs.com/87ad6e123460802cc5d376214269cd69","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.05","exceedPercentage":"60.14%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353837099,"type":1,"supId":0,"prevId":0,"content":"done","text":"done","html":"done"},{"id":3860669,"gmtCreate":1616479760115,"gmtModify":1680781382928,"authorId":3574053691106982,"author":{"id":3574053691106982,"idStr":"3574053691106982","authorId":3574053691106982,"name":"jw321","avatar":"https://static.tigerbbs.com/1263b51c7856e75fbd5cf4072078ca6e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353837099,"type":1,"supId":0,"prevId":0,"content":"please help to comment!","text":"please help to comment!","html":"please help to comment!"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":55,"commentSize":22,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}