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2020

Tencent Shutting Down Penguin Esports Streaming Platform

Tencent Shutting Down Penguin Esports Streaming Platform

Tencent recently announced it would be shutting down its streaming platform, Penguin Esports, just months after Beijing regulators rejected a merger that would have made the Chinese technology giant a major player in the region’s online broadcasting and production market. The company revealed that Penguin Esports will be permanently shut down this June due to a change in business strategy.

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