Tencent will shutter its game streaming service Penguin Esports on June 7, after China blocked a Tencent-led merger between Huya and DouYu (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Tencent will shutter its game streaming service Penguin Esports on June 7, after China blocked a Tencent-led merger between Huya and DouYu  —  Tencent Holdings Ltd. announced it will shut down its game streaming service, more than a year after Beijing blocked its effort to create China's equivalent …