Huya and DouYu Could Merge Soon To Beat Amazon’s Twitch Globally

Chinese tech giant Tencent is in a process to possibly merge two local streaming platforms DouYu and Huya with the intention to create a potential competitor for Twitch that is backed by Bezos’ Amazon.

Initially, Tencent plans to spend $10 billion for facilitating efforts in a collaboration backed streaming platform that could be an alternative for streamers to switch from Twitch in case of being banned due to strict rules.

Tencent is most likely assessing the pros and cons of Twitch and YouTube as well to find substantial advantages in taking their crowds away. Perhaps, new global streaming giant may offer gentle regulations at first try to get as many streamers as it could have to attain a significant number of users who might be potential customers for advertisers.