DouYu

DouYu
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DouYu
Type of business	Public
Type of site	Live streaming
Traded as	NASDAQ: DOYU
Owner	DouYu International Holdings Ltd.
Website	{{{1}}}
Launched	2016; 8 years ago
Current status	Active

Short description: Chinese live streaming website

DouYu (Chinese: 斗鱼; pinyin: Dòuyú) 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 $21 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]

In 2018 Douyu made $21 million in advertisement revenues.^[4] Tencent owns about 21% of the shares.^[5]

References

↑ Russo, Anthony (27 November 2019). "DouYu International Sees User Growth, Doubled Revenue". https://www.capitalwatch.com/article-4697-1.html.
↑ ^2.0 ^2.1 Ye, Josh (19 July 2019). "How Douyu won the live-streaming war to become China's Twitch". https://www.abacusnews.com/who-what/how-douyu-won-live-streaming-war-become-chinas-twitch/article/3019361.
↑ Zhang, Chenglu (18 July 2019). "Live streaming service DouYu raises $21M through U.S. IPO". https://esportsinsider.com/2019/07/douyu-raises-775m-nasdaq/.
↑ Grigorian, Greg (9 July 2019). "Here is What You Need to Know About Douyu, Chinese Streaming Unicorn Eyeing US IPO". https://pandaily.com/here-is-what-you-need-to-know-about-douyu-chinese-streaming-unicorn-eyeing-us-ipo/.
↑ Haak, Alex (2 April 2020). "Tencent's Option To Become Huya's Controlling Shareholder". https://seekingalpha.com/article/4335659-tencents-option-to-become-huyas-controlling-shareholder.

External links

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Original source: https://en.wikipedia.org/wiki/DouYu. Read more

[1] Russo, Anthony (27 November 2019). "DouYu International Sees User Growth, Doubled Revenue". https://www.capitalwatch.com/article-4697-1.html.

[abac-2] 2.0 ^2.1 Ye, Josh (19 July 2019). "How Douyu won the live-streaming war to become China's Twitch". https://www.abacusnews.com/who-what/how-douyu-won-live-streaming-war-become-chinas-twitch/article/3019361.

[3] Zhang, Chenglu (18 July 2019). "Live streaming service DouYu raises $21M through U.S. IPO". https://esportsinsider.com/2019/07/douyu-raises-775m-nasdaq/.

[4] Grigorian, Greg (9 July 2019). "Here is What You Need to Know About Douyu, Chinese Streaming Unicorn Eyeing US IPO". https://pandaily.com/here-is-what-you-need-to-know-about-douyu-chinese-streaming-unicorn-eyeing-us-ipo/.

[5] Haak, Alex (2 April 2020). "Tencent's Option To Become Huya's Controlling Shareholder". https://seekingalpha.com/article/4335659-tencents-option-to-become-huyas-controlling-shareholder.

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DouYu

Topic: Company

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