On Monday, China's antitrust regulator blocked Internet giant Tencent's plan to merge Huya and Douyu, two major domestic video gaming platforms.
Volvo Cars and Geely Auto have canceled plans for a full merger, instead announcing areas of cooperation on electrification, software development and autonomous-driving technology to lower costs.
Huya Inc.and DouYu International Holdings Ltd.on Nov. 11 released their financial reports for the third quarter of 2020 ended Sep. 30, revealing steady growth as the merger of the two leading Chinese esport live streaming platforms draws nearer.
NYSE-listed video game livestreaming platform Huya Inc. announced on Oct. 12 to buy DouYu International Holdings Ltd., which is expected to delist from the Nasdaq, creating a $10 billion livestream mammoth.
Chinese internet giant Sina announced on Sept. 28 that it would go private and delist its US shares, ceasing to trade on Nasdaq where it went public in 2000, after an entity led by Charles Chao, the chairman of Sina, boosted its offer for the company to $43.3 a share in cash.
Chinese co-working space provider Ucommune has entered into a merger agreement with New York-based acquisition company Orisun Acquisition Corp.
As a result of the merger, the company ceased to be a publicly traded company and became a wholly-owned subsidiary of parent.