Ogier advises video live-streaming platform DouYu on merger

Ogier is advising on the merger which brings together China's two largest video game live-streaming platforms to create a single streaming platform with 300 million users and a dominant stake in the emerging esports market.

Our team - partner Nathan Powell and managing associate Florence Chan - are acting as Cayman Counsel for NASDAQ-listed DouYu International Holdings Limited in connection with its stock-for-stock merger with HUYA Inc, which is listed on NYSE.

The transaction is expected to close in the first half of 2021 and will see Huya acquire all the outstanding shares of DouYu, including ordinary shares represented by American depository shares, and DouYu will be de-listed and become a wholly owned subsidiary of Huya.