DouYu

DouYu is a Chinese video live streaming service. The site is the largest of its kind in China with 163.6 million monthly active users in 2019,[1] more than the 140 million monthly active users of Twitch.[2] In July 2019 DouYu International Holdings Ltd raised $775 million through U.S. initial public offering (IPO) and it listed itself on the New York Stock Exchange (Nasdaq) with the stock symbol DOYU.[3] It was the largest IPO of any Chinese company on Wall Street in 2019.[2]

DouYu
Type of business Public
Type of site
Live streaming
Traded asNASDAQ: DOYU
OwnerDouYu International Holdings Ltd.
URLwww.douyu.com
Launched2014 (2014)
Current statusActive

In 2018 Douyu made $73 million in advertisement revenues.[4] Tencent owns about 37% of the shares.[5]

See also

References

  1. Russo, Anthony (27 November 2019). "DouYu International Sees User Growth, Doubled Revenue". CapitalWatch.com. Retrieved 25 April 2020.
  2. Ye, Josh (19 July 2019). "How Douyu won the live-streaming war to become China's Twitch". Abacus. Retrieved 25 April 2020.
  3. Zhang, Chenglu (18 July 2019). "Live streaming service DouYu raises $775M through U.S. IPO". Esports Insider. Retrieved 25 April 2020.
  4. Grigorian, Greg (9 July 2019). "Here is What You Need to Know About Douyu, Chinese Streaming Unicorn Eyeing US IPO". Pandaily. Retrieved 25 April 2020.
  5. Haak, Alex (2 April 2020). "Tencent's Option To Become Huya's Controlling Shareholder". Seeking Alpha. Retrieved 25 April 2020.
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