Huya Inc. (NYSE: HUYA) saw its stock price surge by 5.03% in pre-market trading on Monday, following the announcement of a strategic partnership with Kingsoft Shiyou. The collaboration aims to co-publish the mobile version of the popular social deduction game, Goose Goose Duck, in mainland China.
Under the terms of the partnership, Huya and Kingsoft Shiyou will jointly promote and publish the mobile version of Goose Goose Duck on major game live streaming platforms and Tencent-owned platforms. Huya will also serve as the joint promotion partner for live streaming content related to the game. This move is expected to leverage Huya's strong presence in the game streaming market and potentially boost its user engagement and revenue streams.
Goose Goose Duck, a social deduction game similar to the widely popular Among Us, has gained significant traction in recent months. The partnership between Huya, a leading game live streaming platform in China, and Kingsoft Shiyou, the game's developer, could potentially tap into the growing market for mobile social games in the region. While the financial terms of the deal were not disclosed, investors appear optimistic about the potential benefits for Huya, as reflected in the stock's positive movement.
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