The firm is currently evaluating the “preliminary non-binding proposal.” The increase in the average spending per paying user was primarily driven by the enrichment and enhancement of content, products and services. DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in China. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected. According to the companies investor relations information, Huya will acquire all outstanding shares of DouYu in a stock-for-stock merger at an exchange ratio of 0.73 shares of Huya per share of DouYu. Report. We propose that Huya and DouYu enter into a stock-for-stock merger to be effected pursuant to applicable laws, as a result of which Huya (or a subsidiary of Huya… Huya Inc will buy Douyu in a stock-for-stock merger deal, the companies said in October. HUYA earnings call for the period ending March 31, 2021. The company is currently engaged in a three-way merger with competitors DouYu and Tencent’s Penguin eSports. Tencent has gone public with its plan to merge China’s top two livestreaming platforms into an industry dominating $10 billion juggernaut with 300 million users.. The committee has retained Morgan Stanley Asia as its financial advisor and Davis […] Click here to learn more and participate in the action.On October 12, 2020, DouYu announced that it had signed an agreement to be acquired by HUYA. Back in October, these two Chinese powerhouses in game streaming and esports announced the intention to merge effective sometime in 2021. ... We have already asked about the progress of the current ongoing merger with DouYu. Search SEC filings. According to the merger agreement and plan, the two parties of Douyu Huya will merge at the ratio of 1 share of Douyu ADS for 0.73 shares of Huya ADS. Livestreaming / Tencent pushes for creation of $10 billion livestreaming juggernaut. Both companies share Tencent as their largest shareholder, which initiated a merger … Note that the purchase date for this is Jan 1, 2010 when you bought Company A stock prior to the merger giving you Company B stock, not Jan 1, 2013 when the merger was declared or June 1, 2013 when the merger was completed. We believe that the combination of the three companies would create a GUANGZHOU, China, Aug. 10, 2020 /PRNewswire/ -- Huya Announces Receipt of Preliminary Non-Binding Proposal from Tencent Read on to see why they think Huya (NYSE: HUYA), Nasdaq ... After its soon-to-be completed merger with competitor DouYu International ... ratio of just 0.7 and a forward PEG ratio … HUYA Inc. ("Huya") (NYSE: HUYA) and DouYu International Holdings Limited ("DouYu") (NASDAQ: DOYU) today announced that they have entered into an Agreement and Plan of Merger… DouYu was on a yearlong tear in 2020 as rumors of a tie-up with rival game-streamer HUYA (NYSE: HUYA) swirled, and Chinese digital conglomerate Tencent Holdings (OTC: TCEHY) offered to mediate a merger of the two. Current ratio: 4.27: ... Stocks on the Move: Huya and DouYu on merger news, Twilio on purchase of Segment for $3.2B fool. DouYu is backed by Chinese social media and gaming powerhouse Tencent TCEHY. Moreover, Bloomberg reported that Tencent is in talks to merge two of China’s biggest game-streaming platforms, Huya Inc. [HUYA] and DouYu [DOYU]. The company’s net income attributable was $37.3 million, representing an increase of 105.3% year-over-year. Transaction Structure; Pre-Closing Dividends Concurrently with the merger closing, DouYu will acquire Penguin for US$500 million in cash. Combined, this arbitrage dragged 22 bps. Tencent is a majority owner of HUYA and has a significant stake in DouYu as well. Since the proposed merger would be an all-stock deal, no additional financing would be needed. And investors should note that firm Tencent proposed in August that DouYu enter into a stock-for-stock merger with rival HUYA HUYA. Get the latest DOUYU INT.HLDG. It was reported last June that Tencent was considering a merger of Douyu and Huya and the deal was expected to be completed in 1H21 (according to Huya management, Morgan Stanley China Internet Seminar Dec. 2020). SAMR would also approve the merger soon after a final touch on the concessions are made, they said. Banks must reach at least 100% of the ratio by June. The proposal does not specify an exchange ratio, which would need to be negotiated by all relevant parties. HUYA’s forward P/E is a bit higher than DOYU’s, coming in at 35.16. Regulators will also look into a merger between Tencent-backed game livestreaming firms Huya and DouYu that was announced in October. The company claimed to turn a profit in October 2017 and earned a total revenue of $300 million that year. And investors should note that firm Tencent proposed in August that DouYu enter into a stock-for-stock merger with rival HUYA HUYA. -Super League Gaming (Super League or the Company) (Nasdaq: SLGG), a global leader in competitive video gaming and esports entertainment for everyday players around the world, reported recent operational developments and financial results for the fourth quarter and full year ended December 31, 2020. DOYU was one leg of our merger arbitrage position (the other leg is Short HUYA), thus not representative. Lootbox Microsoft is in talks to buy Discord, Bloomberg reported, in a deal that could value the company at over $10 billion. The stock-for-stock merger will make Tencent the largest shareholder in both Huya and Douyu. HUYA earnings call for the period ending March 31, 2021. The firm is currently evaluating the “preliminary non-binding proposal.” Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support This means that based on the share swap ratio, Douyu will exchange new shares at a 1:1 market value level that is equivalent to Huya after a premium based on the existing market value. HUYA’s Merits. Graphic Packaging’s $1.45 Billion Acquisition of AR Packaging Group. The P/E ratio of DouYu International is 122.69, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 26.58. The Huya Douyu deal is at the center of all of that China stock FUD, and there is a real good chance that this merger gets blocked outright within the next month or two. 1 0. China’s Games Streaming Giants Huya and DouYu to Merge lunedì, 21 settembre 2020 The company is the second most popular online gaming platform behind rival Huya however that's not going to matter soon as the two companies plan on merging together to dominate the Chinese videogame streaming and esports market! Report. 04/23 12:44. Pursuant to the Merger Agreement, Huya will acquire all the outstanding shares of DouYu, including ordinary shares represented by American depositary shares, through a stock-for-stock merger (the. ... the paying ratio … Chinese live streaming platforms Huya and DouYu published their quarterly earnings for the first quarter of 202 1, generating combined revenues of ¥4.76B RMB ($740M USD). We propose that Huya and DouYu enter into a stock-for-stock merger to be effected pursuant to applicable laws, as a result of which Huya (or a subsidiary of Huya… SK ie technology’s US$2 Billion IPO. Update: The boards of directors of Huya and DouYu formed special committees to review and evaluate Tencent’s proposed stock-for-stock merger of the two Chinese live-streaming platforms. For our example, the cost basis for the 98 shares of Company B is $2386, or $24.35 per share of Company B. Huya Inc (HUYA) & DouYu International Holdings (DYOU): Mid Feb & March, Respectively. If the merger is completed, the shareholders of Huya and DouYu will each hold approximately 50% of the shares of the combined company on a fully diluted basis. Exhibit 99.1 . We propose that Huya and DouYu enter into a stock-for-stock merger to be effected pursuant to applicable laws, as a result of which Huya (or a subsidiary of Huya… I'm bullish on the stock up to $11.50 per share. Long Douyu (ticker: DOYU) and Long Gilead Sciences (GILD). Selected key stats of HUYA Inc. Huya, DouYu form committees to consider Tencent-backed merger SA Breaking News 08/17 08:23 ET HUYA, DouYu Form Separate Special Committees To Assess Proposed All-Stock Merger DouYu International has a P/B Ratio of 2.25. 04/23/21 86 Research Huya upgraded to Buy from Hold at 86 Research 02/09/21 Daiwa Huya downgraded to Neutral from Outperform at Daiwa HUYA Inc., through its subsidiaries, operates game live streaming platforms in the People's Republic of China. Reply. Find the latest DouYu International Holdings Li (DOYU) stock quote, history, news and other vital information to help you with your stock trading and investing. 3 key points in Huya graph: 1- After a clear swing failure pattern under 12$ ( ipo price) , Huya return in a probably accumulation range and show an Higher high (30.62$). Once the merger is effective, each ordinary share of DouYu will be exchanged for 7.30 Class A ordinary shares of Huya, and each DouYu ADS will be exchanged for 0.73 Huya ADS. Huya and DouYu Publish 2020Q3 Financial Reports as Merger Draws Near - Pandaily. When it comes to capital, Bigo Live also shines. Whatever happens, it’s good for Huya share price. “Merger Agreement” refers to the Agreement and Plan of Merger dated October 12, 2020 entered into by DouYu, Huya, Tiger Company Ltd. and Nectarine; ii Table of Contents After the merger, Huya and Douyu will need to set up a firewall in-between and cannot share user data and information to each other, two of the people said. The Douyu International Holdings PE ratio based on its reported earnings over the past 12 months is 36.08.The shares are currently trading at $7.47.. The volatility ratio for the week stands at 4.66% while the volatility levels for the past 30 days are set at 4.11% for DouYu International Holdings Limited Is DOYU Stock A Buy or Sell? Since Tencent has a significant stake in the two companies and adding Penguin e-sports as well as cash to the mix, it is safe to assume that the merger will go through. Existing DouYu shareholders will receive HUYA shares. TENCENT (00700.HK) +2.500 (+0.417%) Short selling $1.16B; Ratio 11.037% will have to make major concessions in the merger between Huya and DouYu… DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in China. deal to consolidate Douyu and Huya, the two leading video game live-streaming platforms in China. Click here to learn more and participate in the action.On October 12, 2020, DouYu announced that it had signed an agreement to be acquired by HUYA. Huya's position in the Chinese market will certainly strengthen once its merger with rival DouYu (DOYU Stock Report) is completed in the first half … The merger has Tencent’s full support, so internal conflicts are unlikely to come in the way. ... HUYA or DouYu ? Formerly staunch rivals who long fought over every Chinese subscriber, the two companies will now be hosting streams in unison. Stocks on the Move: Huya and DouYu on merger news, Twilio on purchase of Segment for $3.2B fool Tencent Is the Big Gaming Winner as Huya and DouYu Agree to Merge Huya and DouYu alone have 80% of the market share, so the new Huya would take over the entire Chinese market. It always slides forward. However, whether the merger will happen, is largely reliant on China’s competition authorities. HUYA Inc (NYSE: HUYA) reported first-quarter FY21 revenue growth of 8% year-on-year to $397.6 million (RMB2.6 billion), beating the analyst consensus of $395.85 million. ET on Motley Fool Cathie Wood’s ARK Invest Sells Over 500,000 Shares of Huya ChemoCentryx, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of new medications for inflammatory disorders, autoimmune diseases, and cancer in the United States. I am confident in Tencent’s commitment in this deal. The lower the ratio, the more problematic the bank’s practice of making long-term investments with short-term funds. This metric is considered a valuation metric that confirms whether the earnings of a company justifies the stock price. Tencent Is the Big Gaming Winner as Huya and DouYu Agree to Merge yahoo. Tencent, which. Right now Huya is one of the most shorted stocks in the market. Internet Content Industry‘s main goal is to provide people with the necessary information they are looking for. Tokopedia’s US$18 Billion Merger With GoJek. The merger is under review by Chinese authorities and expected to close in the first half of 2021. DouYu International DOYU ... And investors should note that firm Tencent proposed in August that DouYu enter into a stock-for-stock merger with rival HUYA HUYA. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. HUYA Huya $15.49 / -0.11 (-0.71%). Net Income (Quarterly) is a widely used stock evaluation measure. DouYu is backed by Chinese social media and gaming powerhouse Tencent TCEHY. DouYu International Holdings Limited to Report Fourth Quarter and Full Year 2020 Financial Results on March 23, 2021, Stocks: NAS:DOYU, release date:Mar 11, 2021 In a Monday letter to Huya Inc. and DouYu International Holdings Ltd., the internet giant proposed a stock-for-stock merger. DouYu’s special committee consists of independent directors Zhaoming Chen, Xi Cao, Xuehai Wang, and Zhi Yan. The user ratio of male to female is around 7:3, which is different from live.me with a nearly 1:1 ratio. Tencent also holds a 38% stake in DouYu and is proposing an all-stock merger that would entail Huya acquiring all outstanding DouYu shares. The liquidity matching ratio, which is imposed on all lenders, measures the risks in the structure of the maturities of a bank’s assets and liabilities. HUYA Inc. Total Shares: 5,451,868 Subject Company: DouYu International Holdings Ltd - View Complete Ownership History Backtest Filed as of Date: 10/14/2020: Event Date: 10/12/2020: Overall % Ownership: 17.0 Once the merger is effective, each ordinary share of DouYu will be exchanged for 7.30 Class A ordinary shares of Huya, and each DouYu ADS will be exchanged for 0.73 Huya ADS. Monopoly Regulators to Probe Tencent’s DouYu-Huya Merger and Punish China Literature and Alibaba Yahoo 12/14 08:25 ET. Tencent has offered to buy 30 million shares of Huya from part-owner Joyy Inc. for $810 million, the U.S.-listed company said. 3. Welcome to the wechat subscription number of chuangshiji Wen / US stock channel Source: node Finance (ID: jiedian2018) After the domestic live broadcasting industry has experienced the “thousand broadcast war”, only two American listed live broadcasting companies, tiger teeth and fighting fish, are left. Douyu’s chief executive officer (CEO) Chen Shaojie addressed the proposed Tencent-orchestrated merger between Douyu and Huya ... (ARPPU) grew by 19.7% YoY and 9.5% sequentially to RMB 300 (USD 43.09) during the second quarter, while Douyu’s paying users ratio reached 4.6% from 4.1% in the same period last year. Its platforms enable broadcasters and viewers to interact during live streaming. We propose that Huya and DouYu enter into a stock-for-stock merger to be effected pursuant to applicable laws, as a result of which Huya (or a subsidiary of Huya… Content has been available online ever since the early days of the Internet. The stocks have been punished already and results do not look overly surprising relative to consensus estimates. That’s especially true considering its growing profitability. Overview of Key Transaction Terms(1) Stock-for-stock merger of a wholly-owned subsidiary of HUYA with and into DouYu, with DouYu surviving the merger and becoming a direct wholly-owned subsidiary of HUYA. Huya, with which DouYu may be merged if regulators permit, had a slightly more buoyant time. Huya, DouYu form committees to consider Tencent-backed merger SA Breaking News 08/17 08:23 ET HUYA, DouYu Form Separate Special Committees To Assess Proposed All-Stock Merger ... the paying ratio … The consensus earnings estimate is for $0.11 per share on revenue of $1.28 billion; but the Whisper number is a bit higher at $0.14 per share. Tencent is a majority owner of HUYA and has a significant stake in DouYu as well. The company’s revenue grew 169% year over year to $328.17 million as of the first quarter, up from $122 million in the prior-year quarter. Find the latest Net Income (Quarterly) for HUYA Inc. Price to Earnings Ratio vs. Sector. (R) - Huya Inc (N: HUYA) will buy DouYu International Holdings (NASDAQ: DOYU) Ltd in a stock-for-stock merger deal, the Chinese live game streaming companies said on Monday. HUYA’s interactive broadcasting service empowers observers to watch and interact with gamers, musicians, and reality show stars in real-time. We propose that Huya and DouYu enter into a stock-for-stock merger to be effected pursuant to applicable laws, as a result of which Huya (or a subsidiary of Huya… 2021.05.15 03:23 exgerex New concept 2 model D erg seat position on rail question. Tencent Holdings Ltd. is driving discussions to merge China’s biggest game-streaming platforms Huya Inc. and DouYu International Holdings Ltd., people familiar with the matter said, in a deal that would allow it to dominate the $3.4 billion arena. Find real-time HUYA - HUYA Inc stock quotes, company profile, news and forecasts from CNN Business. Dziś amerykańska giełda: notowania giełdowe, giełda papierów wartościowych, wykresy akcji, transakcje na rynku informacji wewnętrznych, informacje rynkowe, śledzenie portfela i kryptowaluty. However, we remain concerned about Douyu’s profit structure in the event the Huya-Douyu merger falls through. Revenues increased 8% to RMB2.60 billion ($397 million) and net income edged ahead by … Key stats provide selected financials for rapid company overview including revenues, marketcap, P/E ratio, debt and much more. The long-rumored merger of Huya Douyu finally landed in boots. At Insider Monkey, we pore over the filings of nearly 887 top investment firms every quarter, a process we have now completed for the latest reporting period. DOYU DouYu $10.54 / -0.02 (-0.19%) 11/05/20 China Renaissance DouYu downgraded to Hold from Buy at China Renaissance 11/05/20 China Renaissance Huya downgraded to Hold from Buy at China Renaissance 10/15/20 JPMorgan DouYu downgraded to Neutral from Overweight at JPMorgan 08/13/20 86 Research DouYu downgraded to Hold from Hold at 86 Research TENCENT (00700.HK) +2.500 (+0.417%) Short selling $1.16B; Ratio 11.037% will have to make major concessions in the merger between Huya and DouYu… DouYu is backed by Chinese social media and gaming powerhouse Tencent TCEHY. Tencent-backed DouYu prices IPO at $11.50 to raise $775 million: Reuters Jul. The firm is currently evaluating the “preliminary non-binding proposal.” HUYA Inc. (HUYA) Q1 2021 Earnings Call Transcript May. Tencent has stakes in both businesses, and such a merger would result in a gaming giant with more than 300 million users and a combined market value of $10bn. The content is to suggest that Douyu and Huya enter into a share swap and merger agreement. ... Robotics cafe startup Ratio … Reporter Yu Yao, Wu danruo, Yang Peiwen Alibaba, Yuewen and Fengchao were punished for violating the anti monopoly law. ). On August 10, Douyu issued an announcement stating that the company’s board of directors had received the preliminary non-binding proposal issued by Tencent Holdings on August 10, 2020. China's market regulator said on Monday it is investigating the merger between Tencent-backed live game-streaming companies Douyu International Holdings and Huya Inc. Other stocks mentioned: HUYA 5 months ago - Reuters DouYu was on a yearlong tear in 2020 as rumors of a tie-up with rival game-streamer HUYA (NYSE: HUYA) swirled, and Chinese digital conglomerate Tencent Holdings (OTC: TCEHY) offered to mediate a merger of the two. But this industry is entering into a new era of growth. 6-K - Current Report of Foreign Issuer - FORM 6-K 04-28 sec.gov Form 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2021 Commission File Number: 001-38482 HUYA INC. The firm is currently evaluating the “preliminary non-binding proposal.” HUYA Inc. Total Shares: 5,451,868 Subject Company: DouYu International Holdings Ltd - View Complete Ownership History Backtest Filed as of Date: 10/14/2020: Event Date: 10/12/2020: Overall % Ownership: 17.0 The deal is reportedly not guaranteed though, and Discord might go public instead. And investors should note that firm Tencent proposed in August that DouYu enter into a stock-for-stock merger with rival HUYA HUYA. Both Huya and DouYu warn that no … DouYu International Reports Q4 Loss, Higher Revenue 5:14AM ET 3/23/2021 MT Newswires. DOUYU INTERNATIONAL HOLDINGS LIMITED : Forcasts, revenue, earnings, analysts expectations, ratios for DOUYU INTERNATIONAL HOLDINGS LIMITED Stock | DOYU | US25985W1053 The Price to Earnings Ratio (PE Ratio) is calculated by taking the stock price / EPS (ttm). • China's Tech Crackdown Turns Toward Tencent-Backed Douyu, Huya Merger Benzinga 2020-12-14 05:58:55 EDT • 7 Cheap Stocks Under $20 To Buy That Span Industries InvestorPlace 2020-12 … 107 Views Alberto Abaterusso 2020-07 … 18, 2021 at 10:00 a.m. The exchange ratio at which all issued and outstanding DouYu Shares at the time of the Transaction (including those owned by Tencent) would be converted into Huya Class A Ordinary Shares would be mutually agreed among Tencent, the independent members of the Huya Board and the independent members of the DouYu Board. DouYu International Holdings Limited (DOYU) Stock Price . CHLLF closed unchanged on Thursday, March 18, 2021, on 0 percent of normal volume. Annotate, download XLSX & look up similar tables Precedence Research, Recently Published Report on “Machine Tools Market Size, Share, Growth, Trends Analysis, Regional Outlook, and Forecasts, 2021 - 2030”OTTAWA, May 11, 2021 (GLOBE NEWSWIRE) -- The global machine tools market size is expected to be worth around US$ 115 billion by 2030 from US$ 78.7 billion in 2020, growing with a CAGR of 4.4% during the forecast period 2021 to … Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. Quick Ratio MRQ- Current Ratio MRQ 4 ... Merger will be completed with Huya and stock goes 30 + Reply. HUYA is currently trading about $8 below its 52-week high of $36.33. DouYu International Reports Q4 Loss, Higher Revenue 5:14AM ET 3/23/2021 MT Newswires. DouYu is backed by Chinese social media and gaming powerhouse Tencent TCEHY. European Investment Bank’s $4 Billion Notes Offering. At a price to sales ratio of just under 4 times, Huya is trading at a bargain in comparison to its peers. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers. Track performance, allocation, dividends, and risks. A look at 3 highly qualified stocks that are widely "cheap" because they are traded at less than $20 according to participation. This is bad for Huya? Its platforms enable broadcasters and viewers to interact during live streaming. The net income was $27.08 million in the first quarter of 2020, increasing dramatically from $2.21 million. Can you think of any rough ratio of successful, final designs that reach the public to the total number of drafts and ideas that are thought up by WePlay! It was reported last June that Tencent was considering a merger of Douyu and Huya and the deal was expected to be completed in 1H21 (according to Huya management, Morgan Stanley China Internet Seminar Dec. 2020).
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