Tencent shuts down its rival to Amazon's Twitch months after China blocked key $6 billion gaming merger - CNBC

Tencent said it will shut down its video game streaming platform Penguin Esports, citing a change in business strategy.

Tencent is shutting down its video game streaming platform months after Beijing shut down a huge merger that would have made the Chinese internet giant a major player in the area. The service Pengui… [+1532 chars]

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