In early April, Tencent announced that it was going to close Penguin Esports, the Chinese equivalent of Twitch, in the near future. On June 7, she really did it. At 23:59, the holding shut down the platform’s servers, and soon removed its application from the stores.
Tencent explained its decision with “changed business processes.” The media suggest that it may also be due to increased control by the Chinese authorities. Earlier, officials forbade her to merge the streaming services Huya and DouYu. Also, for 11 months, the government has not allowed any new Tencent online game to be released.