Huya Live
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| File:Huya Live logo.svg (Chinese) File:Nimo TV logo.svg (Global) | |
Type of site | Live streaming, streaming video |
|---|---|
| Available in | Simplified Chinese |
| Traded as | NYSE: HUYA |
| Area served | China Worldwide (as Nimo TV) |
| Owner | Tencent (67.3% as of 31 March 2025) |
| URL | www.nimo.tv (outside China) |
| Commercial | Yes |
| Launched | 24 November 2014 |
| Current status | Active |
| Huya Live | |||||||
|---|---|---|---|---|---|---|---|
| Chinese | 虎牙直播 | ||||||
| Literal meaning | Tiger's Tooth Livestream | ||||||
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Huya Live (Chinese: 虎牙直播) is a Chinese video live streaming platform focused on video games and esports, operated by Huya Inc. (NYSE: HUYA). It is one of China’s two largest game live‑streaming services alongside DouYu and carries official esports broadcasts as well as user‑generated streams.[1] Huya Inc. is controlled by Tencent Holdings Limited. Outside mainland China, the service operates in selected overseas markets under the Nimo TV brand.[2]
History
[edit | edit source]On 24 November 2014, it was announced that YY.com's video streaming service would begin operating independently as Huya Live.[3]
On 4 January 2018, Riot Games gave Huya Live exclusive rights to broadcast the LCK, South Korea's professional esports league for League of Legends, in China.[4] The same was done for the LCS and LEC on 20 January 2020, the equivalent leagues in North America and Europe respectively.[5][6]
Since 11 May 2018, HUYA Inc.'s American Depositary Shares (ADSs) have been listed on the New York Stock Exchange, under the symbol "HUYA."[7]
Huya had 150 million monthly active users at the start of 2019.[8]
In April 2020, Tencent became the largest shareholder of Huya, having increased its voting power to 50.1% which reduced JOYY's voting stake from 55.5% to 43%.[9] As of 31 March 2025, Tencent beneficially owned 67.3% of Huya's total issued and outstanding share capital and had voting power of 95.4%.[10]
The mobile app of Huya was banned in India (along with other Chinese apps) on 2 September 2020 by the government amid the 2020 China-India skirmish.[11][12]
In 2024, Huya's game-related services, advertising and other revenues accounted for 21.9% of its total net revenues, up from 7.8% in 2023.[13]
References
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External links
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- 2014 establishments in China
- Chinese brands
- Chinese entertainment websites
- Entertainment companies established in 2014
- Internet properties established in 2014
- Mass media companies established in 2014
- Software companies established in 2014
- Video game streaming services
- Video hosting
- Video on demand services
- Software companies of China
- Companies listed on the Nasdaq
- Tencent divisions and subsidiaries
- Internet censorship in India
- Entertainment website stubs