Tencent’s Twitch Streaming Rival Is Hiding in Plain Sight

(Bloomberg) — Tencent Holdings Ltd. is rolling out a live-streaming service similar to Amazon.com Inc.’s Twitch in the U.S., making a rare foray into American social media.China’s largest company has been quietly testing a mobile-focused streaming network via an affiliate in the U.S. since at least March. Initially called Madcat and now branded Trovo Live, the new service closely resembles Twitch in its appearance and functionality. Beyond Tencent’s own portfolio of popular games like Fortnite and PUBG Mobile, Trovo also spotlights marquee titles like Grand Theft Auto and Destiny 2. This week, it detailed plans on its website to entice …read more

Source:: Yahoo Finance

      

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