Tencent will shutter its recreation 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 recreation streaming service Penguin Esports on June 7, after China blocked a Tencent-led merger between Huya and DouYu  —  Tencent Holdings Ltd. introduced it can shut down its recreation streaming service, greater than a 12 months after Beijing blocked its effort to create China’s equal …