Chinese game-streaming platform Huya has agreed to buy all the outstanding shares of its rival Douyu to create a new game-streaming giant.
The board of directors of the two companies have unanimously approved the merger, which is expected to close during the first half of next year, according to a statement.
If the merger is completed, Huya CEO Rongjie Dong and Douyu CEO Shaojie Chen will be co-CEOs of the combined company.
Chinese game-streaming platform Huya has agreed to buy all the outstanding shares of its rival Douyu to create a new game-streaming giant.
The board of directors of the two companies have unanimously approved the merger, which is expected to close during the first half of next year, according to a statement.
If the merger is completed, Huya CEO Rongjie Dong and Douyu CEO Shaojie Chen will be co-CEOs of the combined company.
中国のゲームストリーミングプラットフォームHuyaは、ライバルであるDouyuの発行済み株式すべてを買収し、新しいゲームストリーミングの巨人を作ることに同意しました。
両社の取締役会は、全会一致でこの合併を承認し、来年上半期中に完了する予定であるとのことです。
合併が完了した場合、HuyaのCEOであるRongjie DongとDouyuのCEOであるShaojie Chenが合併後の会社の共同CEOに就任する予定です。