DouYu (DOYU) Receives Preliminary Non-Binding Proposal from Tencent for Strategic Combination of DouYu and Huya
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Wall Street rallies as AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips below $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Qatar Investment Authority targets $20B partnership with JPMorgan - Bloomberg
- Wall Street rallies as AI optimism reignites and Treasury yields retreat
HUYA Inc. (HUYA) Misses Q2 EPS by 3c, Revenues Beat
August 11, 2020 5:48 AM EDTHUYA Inc. (NYSE: HUYA) reported Q2 EPS of $0.14, $0.03 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $381.8 million versus the consensus estimate of $377.89 million.
Second Quarter 2020 Highlights
Total net revenues for the second quarter of 2020 increased by 34.2% to RMB2,697.2 million (US$381.8 million), from RMB2,010.5 million for the same period of 2019.Net income attributable to HUYA Inc. was RMB226.8 million (US$32.1 million) for the second quarter of 2020, representing an increase of 86.2% from RMB121.8 million for the same period of 2019.Non-GAAP net income attributable to HUYA Inc.[1] was... MoreDouYu International (DOYU) to Resume Trading at 7:30 am
August 10, 2020 7:20 AM EDTDouYu International Holdings Limited (NASDAQ: DOYU) to Resume Trading at 7:30 am
... MoreHUYA Inc. (HUYA) Announces Receipt of Preliminary Non-Binding Proposal from Tencent
August 10, 2020 7:20 AM EDTHUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that its Board of Directors (the "Board") has received a preliminary non-binding proposal letter, dated August 10, 2020, from Tencent Holdings Limited ("Tencent"), proposing that Huya and DouYu International Holdings Limited ("DouYu") enter into a stock-for-stock merger to be effected pursuant to applicable laws, as a result of which Huya or its subsidiary would acquire each outstanding ordinary share of DouYu, including ordinary shares represented by American... More
