June 11 news, according to the Beijing News, citing people familiar with the matter, said that the merger of douyu, and huya is already on the way, as soon as the end of this year, early next year. The proposal to promote the merger was put forward by Tencent, with no details yet. Huya has not responded, Douyu side did not comment. This is not the first time that Douyu and Huya have been combined. Long before the Douyu went to the U.S. market, there was the news of the merger of Douyu and Huya, but ultimately did not make the line.
Tencent plays an important role in the merger of Huya and Douyu . At present, Tencent has also become the largest shareholder of Douyu and Huya.
As of April 3, Tencent had a 36.9 percent stake in Huya through a wholly-owned subsidiary, with 50.9 percent of the voting rights, according to the announcement. As of March 31, Tencent held a 38% stake in Douyu through a wholly-owned subsidiary, with 38% of the voting rights.
Huya, Douyu and Tencent’s cooperation is getting closer, they need Tencent’s traffic and copyright, Tencent also needs to focus resources, integration advantages, to cope with external competition. In particular, Kuaishou, B station and other video platforms in the game streaming, has hit Huya, Doyu, in the severe external competition, coupled with Tencent’s push, Douyu, Huya merger is not surprising.