Tencent is a big company that owns many things like games, apps, and music. They decided to sell part of their app store business to another company called Huya because they want to focus on making more money from other parts of their business. This also helps Huya grow bigger by getting more customers from the app store. Both companies are trying to make changes to become better and stronger in the future. Read from source...
1. The title is misleading and sensationalized, as it implies that Tencent is completely selling its app store to Huya, which is not the case. The deal only involves transferring some of the app distribution functions to Huya, while Tencent will still retain ownership and control over other aspects of the app store.
2. The article inaccurately portrays Tencent as a company that is "shutting down" various non-core operations, when in fact it is more accurately described as divesting or spinning off some of its less profitable or strategic businesses to focus on core areas and improve efficiency. This suggests a more proactive and rational strategy than simply shutting down everything that is not performing well.
3. The article exaggerates the decline in Huya's revenues, without providing sufficient context or explanation for why this is happening, or what steps the company is taking to address it. It also implies that Huya is solely dependent on livestream gaming, which may not be the case, as the company has other business segments such as video streaming and entertainment.
4. The article repeatedly mentions Tencent's involvement in Huya, without fully acknowledging the potential benefits or synergies that could arise from this relationship, such as access to Tencent's vast user base, resources, technology, and expertise in various fields. It also seems to imply a negative connotation around Tencent's influence on Huya, which may not be fair or balanced.
5. The article ends with a vague and pessimistic statement about Huya's future prospects, without providing any evidence or data to support it. It also implies that there is no room for growth or innovation in the livestream gaming industry, which may not be true, as the market is still relatively new and evolving, and there may be opportunities for differentiation and expansion.
Negative
Key points:
- Tencent sells its app store to Huya as part of its strategy to focus on core businesses and cut costs
- Huya faces challenges from falling revenues and fading livestream gaming popularity
- Tencent exerts significant control over Huya through share ownership, voting rights and management roles
- Lin Songtao, a former Tencent vice president, leads both Huya and Tencent projects as chairman and overseer
- Huya plans to diversify its income sources and boost gaming-related services in the next three years