Huya, a Chinese live streaming platform focused on gaming, is looking to expand into the U.S. in the next couple of years, CEO Rongjie Dong told CNBC. The U.S. is expected to be the biggest market for e-sports this year.
YouTube. It's also unclear whether the business model of virtual gifts, which is popular revenue stream for Chinese and South East Asian apps, would work in the U.S.
"Firstly, Huya is in the entertainment business and no matter if the economy is doing well or not, the entertainment business continues to rise. The core of our business will not be affected much. Secondly, the Chinese government is very supportive of e-sports and high tech companies. Thirdly, we believe the China-U.S. relationship won't affect us badly as long as we take further steps to embrace globalization and do this gradually," Dong said.
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