Streaming Platform Douyu to Get RMB 4 Billion from Tencent

 /  Game  / 
Tencent has been backing the platform since March 2016 when it led a $100 million B financing round along with Sequoia and Nanshan Capital. It also participated in Douyu’s RMB 1.5 billion worth C financing round in August the same year. Read More

YY’s E-sports Video Streaming Arm Huya Files for US IPO

 /  Game  / 
Chinese live streaming company YY is planning to spin off its gaming streaming unit Huya for an independent IPO. The company has submitted a draft registration statement on a confidential basis to the US Securities and Exchange Committee for a possible listing in the US market. Read More

Early Access to Chinese Mobile Version of PUBG Opens Today

 /  Game  / 
Battlefield is the mobile IP of PUBG made by Chinese game developer Lightspeed and Quantum Studios. The registration for early access of Battlefield opened in December and has attracted over 18 million players to register. Read More

Gaming the System? Foreign Access to China’s Online Gaming Industry

 /  Game  / 
Online gaming in China is subject to the same overall regulatory framework that applies to software as a service (SaaS) in China. Read More

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