DouYu
Type of business Public
Type of site
Live streaming
Traded asNasdaq: DOYU
OwnerDouYu International Holdings Ltd.
URLwww.douyu.com
Launched2016 (2016)
Current statusActive
DouYu
Simplified Chinese斗鱼
Traditional Chinese鬥魚

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]

See also

References

  1. ↑ Russo, Anthony (27 November 2019). "DouYu International Sees User Growth, Doubled Revenue". CapitalWatch.com. Retrieved 25 April 2020.
  2. 1 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 $21M 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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