Press Coverage

Tencent to close its Penguin Esports video game streaming platform as industry feels the heat from more regulation, competition

Excerpt: READ FULL ARTICLE Mio Kato, founder of Lightstream Research who also publishes on fintech platform Smartkarma, said the closure of Penguin Esports was to “reduce costs and right-size [game streaming]” amid a regulatory crackdown and intense …

Iris Deng • (Opens in a new window) ⧉

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