HUYA Inc.

HUYA Inc. is a leading game live streaming platform company in China. The company is tasked with the mission to create and enrich China’s live streaming industry, and to provide superior entertainment and social experience to its customers. Through its two major subsidiaries, YY Live and Huya Live, the company operates one of the largest live streaming platforms in China. These two platforms have become leading online hubs for millions of gamers, esports fans and broadcasters, who can interact and communicate in real-time with each other.

HUYA Inc. also operates Nimo TV, a live streaming platform for gamers, esports fans and broadcasters outside of China. This platform has gained immense popularity from the gaming community around the world and has become a significant part of the larger streaming and gaming industry.

The company is currently owned and supported by Tencent Holding Limited, one of the most prominent internet companies in China. Tencent Holdings has provided significant financial and operational support to HUYA Inc. since 2014 and is one of the largest shareholders of the company. The company also provides software development, internet value added and a range of cultural and creative services.

HUYA Inc. has seen rapid growth since its establishment in 2014. In 2018, the company achieved over 100 million total paying user accounts, with revenue exceeding US$1 billion. The company’s total registered user accounts on its platforms have grown more than four-fold since the beginning of 2018 to over 400 million as of December 2019. In 2019, HUYA Inc. successfully listed on the New York Stock Exchange (NYSE) under the symbol “HUYA”, becoming the first Chinese live streaming platform to be publicly traded in the US.