Tencent (700 HK): Potential Merger of E-Sports Subsidiaries, Huya Merely The Tip of The Iceberg
An account on Weibo (WB) revealed that Tencent would merge three of its subsidiaries: QQ E-Sports (企鹅电竞), Douyu (DOYU), and Huya (HUYA). We...
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China Internet Weekly (13Apr2020): Tencent, BILI, Xiaomi, TCOM, IQ, TAL
Tencent (700 HK) will consolidate its e-sports subsidiaries. Sony invests $400 million in Bilibili (BILI). Xiaomi (1810 HK) sells low-price...
320 Views
Sony Acquires a 4.98% Stake in Bilibili to Capture China’s Gen Z Through Mobile Games and Anime
Sony Corp (6758 JP) announced on Thursday (09th April) that it has entered into a definitive agreement to acquire a 4.98% stake in China’s...
381 Views
China A-Share Strategy: Online Gaming and Video Streaming Get a Boost During Coronavirus Outbreak
Online gaming and video traffic has surged as most of Chinese were confined to their homes to wait out coronavirus outbreak as February data...
256 Views
TAL Education (TAL): Revenue Warning, Advantage of Extended Vacation Disappeared for Four Reasons
TAL reduced its estimate for the 4Q2020 revenue growth by 3 percentage points. We think there are four negative factors contributing to the...
381 Views