DouYu

DouYu
Type of business Public
Type of site
Live streaming
Traded asNasdaqDOYU
OwnerDouYu International Holdings Ltd.
URLwww.douyu.com
Launched2016 (2016)
Current statusActive
DouYu
Simplified Chinese斗鱼
Traditional Chinese鬥魚
Transcriptions
Standard Mandarin
Hanyu PinyinDòuyú

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 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]

It was listed on the NASDAQ exchange on July 17, 2019.[6]  In August, the company was registered in Japan, and a new company "Mildom" was established with Mitsui & Co. to enter the Japanese market.[7]

As of March 31, 2020, Tencent held 38% of the company's shares, making it its largest shareholder. On August 10, Douyu announced that it had received a non-binding preliminary proposal from Tencent, which proposed that Douyu and Huya Live merge in the form of a share exchange.[8]

See also

References

  1. ^ Russo, Anthony (27 November 2019). "DouYu International Sees User Growth, Doubled Revenue". CapitalWatch.com. Retrieved 25 April 2020.
  2. ^ a b 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.
  6. ^ "斗鱼成功登陆纳斯达克 上市首日低开后平收_新浪网". finance.sina.com.cn. Retrieved 7 July 2025.
  7. ^ "進入日本的中國「軟」商品 日經中文網". zh.cn.nikkei.com. Retrieved 7 July 2025.
  8. ^ 新浪科技 (10 August 2020). "斗鱼收到腾讯合并斗鱼和虎牙的初步建议". finance.sina.com.cn. Retrieved 7 July 2025.