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China to Block Tencent's Videogaming Merger, Reuters Reports

Dow Jones Newswires ·  Jul 5, 2021 06:39

DJ China to Block Tencent's Videogaming Merger, Reuters Reports

--China's antitrust regulator intends to block Tencent Holding's plan to merge the country's top videogame streaming sites, Huya and DouYu, Reuters reports, citing unnamed sources.

--Tencent didn't meet the requirements of the State Administration of Market Regulation to give up exclusive rights, sources told Reuters.

Full story: https://reut.rs/3hAdr7I

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July 05, 2021 06:39 ET (10:39 GMT)

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