Page 33 - Douyu News Today

The Chinese game industry has become entangled in a broader regulatory tightening in the technology sector. Regulators became increasingly concerned about

Wall Street brokerages expect DouYu International Holdings Limited (NASDAQ:DOYU – Get Rating) to announce $316.41 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for DouYu International’s earnings. The lowest sales estimate is $292.70 million and the highest is $340.12 million. DouYu International posted sales of $328.56 million in […]

BEIJING, April 8 — Chinese tech giant Tencent will close its game streaming platform, less than a year after authorities blocked a merger that would have powered its drive to take on Amazon’s Twitch. Beijing has stepped up scrutiny over big tech, launching a major crackdown on some of the...

Chinese social media and gaming giant Tencent Holdings will shut down its Penguin Esports unit by early June, it said on Thursday, as it streamlines its businesses following a regulatory crackdown.

TENCENT Holdings Ltd. announced it will shut down its game streaming service, more than a year after Beijing blocked its effort to create China’s equivalent of Amazon.com Inc.’s Twitch through a merger. The streaming platform, called Penguin Esports, will terminate all services on June 7, after having already suspended new…

This article reviews the competition authorities' merger control activities in China, including significant recent cases, trends and outlook.

Alibaba (BABA), JD.com (JD), DiDi Global (DIDI) and several other Chinese tech companies listed on U.S

DouYu International Holdings Limited (NASDAQ:DOYU – Get Rating) shares gapped down before the market opened on Friday . The stock had previously closed at $2.36, but opened at $2.24. DouYu International shares last traded at $2.24, with a volume of 4,319 shares trading hands. A number of brokerages have weighed in on DOYU. JPMorgan Chase […]

Zacks Investment Research lowered shares of DouYu International (NASDAQ:DOYU – Get Rating) from a hold rating to a sell rating in a research report released on Wednesday, Zacks.com reports. According to Zacks, “DouYu International Holdings Limited provides a game-centric live streaming platform primarily in China. The company operates its platform on both PC and mobile […]

The Chinese tech giant still faces a lot of near-term challenges.