GUANGZHOU, China, Sept. 7, 2018 /PRNewswire/ -- HUYA Inc. ("Huya"
or the "Company") (NYSE:HUYA), a leading game live streaming
platform in China, today announced
that it will operate a newly-established e-sports team and join the
Overwatch LeagueTM, the first major global professional
e-sports league with city-based teams across Asia, Europe,
and North America. This
Chengdu-based new team will join
the Overwatch League for the start of its 2019 season. This
business collaboration between Huya and the Overwatch League
reaffirms Huya's strategic focus on e-sports.
"We just capped an amazing inaugural Overwatch League season,
crowning our first-ever Grand Finals champion in front of a
sold-out crowd of dedicated and passionate fans," said Mr.
Pete Vlastelica, president and CEO
of Activision Blizzard Esports Leagues. "Now, as we look forward to
the 2019 season and beyond, we're adding eight new teams that will
help us grow our league in important regions around the globe. We
know that the difference between a good league and a great league
is its owners, and we set a high bar for our first season with the
caliber of ownership groups. Every one of these expansion
franchises cleared that bar and will make our league even
better."
"We're delighted to establish a deep partnership with the
Overwatch League," said Mr. Henry
Sha, Chief Financial Officer of Huya. "We're excited by the growth potential of
e-sports, and we're looking forward to leveraging our gaming
expertise and capabilities. As a leader in China's game live streaming industry, we think
we can help grow the popularity of the Overwatch League by
providing unique resources and a large viewer base. We believe our
team in Chengdu will demonstrate
Huya's focus on the global e-sports industry and will further
expand e-sports awareness and participation of Chinese gaming
enthusiasts."
About HUYA Inc.
HUYA Inc. is a leading game live streaming platform in
China with a large and active game
live streaming community. The Company cooperates with e-sports
event organizers, as well as major game developers and publishers,
and has developed e-sports live streaming as one of the most
popular content genres on its platform. The Company has created an
engaged, interactive and immersive community for game enthusiasts
of China's young generation.
Building on its success in game live streaming, Huya has also
extended its content to other entertainment content genres. Huya's
open platform also functions as a marketplace for broadcasters and
talent agencies to congregate and closely collaborate with the
Company.
About the Overwatch League™
The Overwatch League™ is the first major global professional
esports league with city-based teams across Asia, Europe,
and North America. Overwatch® was
created by globally acclaimed publisher Blizzard Entertainment (a
division of Activision Blizzard—Nasdaq: ATVI), whose iconic
franchises have helped lay the foundations and push the boundaries
of professional esports over the last 15 years. The latest addition
to Blizzard's stable of twenty-two #1 games,[1]
Overwatch was built from the ground up for online competition, with
memorable characters and fast-paced action designed for the most
engaging gameplay and spectator experiences. To learn more about
the Overwatch League, visit www.overwatchleague.com.
© 2018 Blizzard Entertainment, Inc. OVERWATCH, OVERWATCH LEAGUE,
BLIZZARD, and BLIZZARD ENTERTAINMENT are trademarks of Blizzard
Entertainment, Inc., in the United
States and/or other countries.
[1] Sales and/or downloads, based on internal company
records and reports from key distribution partners.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates" and similar statements. Among other things,
the business outlook and quotations from management in this
announcement, as well as Huya's strategic and operational plans,
contain forward-looking statements. Huya may also make written or
oral forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission ("SEC"), in its annual report to
shareholders, in press releases and other written materials and in
oral statements made by its officers, directors or employees to
third parties. Statements that are not historical facts, including
statements about Huya's beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: Huya's goals and strategies; Huya's future business
development, results of operations and financial condition; the
expected growth of the game live streaming market the expectation
regarding the rate at which to gain active users, especially paying
users; Huya's ability to monetize the user base; fluctuations in
general economic and business conditions in China and assumptions underlying or related to
any of the foregoing. Further information regarding these and other
risks is included in Huya's filings with the SEC. All information
provided in this press release and in the attachments is as of the
date of this press release, and Huya does not undertake any
obligation to update any forward-looking statement, except as
required under applicable law.
For investor and media inquiries, please contact:
In China:
HUYA Inc.
Investor Relations
Tel: +86-20-8212-0509
E-mail: ir@huya.com
The Piacente Group, Inc.
Ross Warner
Tel: +86-10-5730-6202
E-mail: huya@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: huya@tpg-ir.com
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SOURCE HUYA Inc.