Tencent will shutter its game streaming service Penguin Esports on June 7, after China blocked a Tencent-led merger between Huya and DouYu (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:

Tencent will shutter its game streaming service Penguin Esports on June 7, after China blocked a Tencent-led merger between Huya and DouYu  —  Tencent Holdings Ltd. announced it will shut down its game streaming service, more than a year after Beijing blocked its effort to create China’s equivalent …

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