NEWS WRAP: DouYu names new CEO, declares massive dividend to entice investors
The livestream gaming platform unveiled new leadership more than a year after the arrest of its CEO, in a bid to overcome challenges on multiple fronts By Teri Yu Online…
BRIEF: Huya’s revenue, profit fall as user base keeps shrinking
Livestream gaming platform Huya Inc. (HUYA.US) reportedon Tuesday its revenue fell 7.6% year-on-year to 1.54 billion yuan ($219.1 million) in the third quarter. Revenue from its newer game-related services, advertising,…
Misfortune for DouYu as CEO faces gambling charges
The company that was once China’s biggest livestream gaming platform has been accused of hosting gambling activities and allowing pornography Key Takeaways: Founder Chen Shaojie has been arrested on charges…
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