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Skadden, Arps, Slate, Meagher & Flom has advised China’s Huya on agreement to buy live game streaming peer DouYu International. Latham & Watkins has represented Tencent, which is Huya’s biggest shareholder and also owns more than a third of DouYu.
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Tencent, one of the world’s most valuable technology conglomerates, looks to its Compliance and Transactions Department (CTD) to help it overcome legal and regulatory obstacles as the company rapidly expands overseas. The 50-lawyer CTD is split into four teams, and in this feature, each team talks about challenges in the past year, the team’s recent achievements and what the future is expected to bring.