Tencent-backed live streaming platform Huya raising $550m in secondary offering

Tencent-backed live streaming platform Huya raising $550m in secondary offering

Photo by Nicholas LB on Unsplash.

After posting a net loss of more than $280 million last year, Tencent-backed Chinese e-sports live streaming platform Huya has filed to raise $500 million in a secondary public offering, according to a filing at the US Securities and Exchange Commission.

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