On February 5, it was reported that the live broadcast platforms Douyu and Huya were about to merge. Huya did not comment on this rumor. Douyu responded that Douyu and Huya have business cooperation, but there is no merger plan, and the rumors are not true.
Previously, according to Jiemian News, Douyu announced in an email on January 12 that it would make adjustments to its internal organizational structure and personnel. In response, Douyu said: "It is a normal personnel adjustment."
According to the content of the email, Douyu will set up a new content ecology department within Douyu, which is responsible for the output of anchor content, manufacturer cooperation, and the construction of the event ecosystem, which is responsible for Ren Simin, a member of the interim management committee and vice president of the company. At the same time, there are three secondary departments, namely the anchor operation department, the manufacturer project department and the event content department.
On January 16 this year, Huya announced plans to launch a live broadcast cooperation with WeChat**.
As early as October 2020, Douyu and Huya jointly announced that the two parties had signed a merger agreement and plan. Under the merger agreement, Huya will acquire all of the issued shares of Douyu, including ordinary shares represented by American Depositary Receipts (ADS), through a share-for-share merger. Douyu's issued shares and ADS prior to the merger will be cancelled, and Douyu will become a wholly owned subsidiary of Huya and will be delisted from NASDAQ. In July 2021, due to the stricter supervision of anti-monopoly review, the merger of Douyu and Huya was officially stopped.
In terms of financial reports, Douyu's revenue in the third quarter of 2023 was 1359.2 billion yuan, compared to 1798.3 billion yuan, down 2442%。Huya's revenue for the third quarter of 2023 was 164.8 billion yuan, live broadcast and advertising revenue both declined year-on-year.
Synthesized from Sina Technology, Interface News, etc.