Tencent first announced plans to merge Huya and DouYu last year in a tie-up designed to streamline its stakes in the firms. China's antitrust regulator is set to formally block Tencent Holdings Ltd's plan to merge the country's top two videogame streaming sites, Huya and DouYu, three people familiar with the matter told Reuters. Tencent - China's No. 1 videogame and social media company - Huya, DouYu and the SAMR did not immediately respond to Reuters requests for comment. Separately, Tencent's plan to take private search engine Sogou will be approved this month by SAMR, one of the people said.

Source: The Hindu July 05, 2021 13:07 UTC