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"Due to the government's tight regulation and the mature domestic gaming market, it is hardly to see robust growth in the gaming streaming market," Sun added. "The planned merger would help Douyu and Huya reduce cost, improve efficiency and generate more profits in the future. Considering the current situation, I also suggest that those livestreaming firms seek global expansion or consider new business such as short gaming videos."

"Feed revenue has been a bright spot in driving Baidu's revenue growth due to robust user traffic growth, as well as strong traction with Baidu's video offerings," Li said.

"Each time the United States seems to be set on a course of action, the president shifts gears and kicks the dust up all over again," he said in a commentary on Monday.

"Except temperature checks and hand sanitization before entry, everything is as usual," he said.

"Different from other education companies that focus on a single business, to offer a package of supply has become NetDragon's advantage in going overseas," he said.