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- In an updated IPO prospectus filed on July 8, Douyu reported a profitable first quarter of 2019 with total revenues soaring 123.4% year on year to RMB 1.49 billion. The company has also reported a significant spike in paying users to over 6 million, making it number one in that metric and toppling its nemesis Huya from the pedestal.
pandaily.com/here-is-what-you-need-to-know-about-douyu-chinese-streaming-unicorn-eyeing-us-ipo/Here is What You Need to Know About Douyu, Chinese Streaming ...
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Jul 19, 2019 · Douyu is not an overnight success. The company was founded by Chen Shaojie in 2013 as an offshoot of AcFun, a video platform that gained popularity by implementing bullet chat as a...
- Josh Ye
Jul 4, 2024 · (Yicai) July 4 -- Shares of Douyu International Holdings skyrocketed in New York after the Chinese livestreaming platform announced a special cash dividend of USD300 million. Douyu [NASDAQ: DOYU] surged almost 43 percent to close at USD17.94 yesterday but was 0.5 percent down in after-hours trading in New York as of 3.36 a.m.
Oct 26, 2021 · DouYu is on the brink of profitability in a fast-growing industry, making the company an attractive growth bet. Read what to know about DOYU here.
Jul 5, 2024 · DouYu International Holdings (NASDAQ:DOYU) stock has risen about 78% since the release of its Q1 2024 financial results on June 5. This increase was fueled by higher Q1 ad revenues and the ...
- Duowan: The Birth of China’s Virtual Economy
- Douyu: from Anime Fansite to Nasdaq IPO
- Tencent Enters The Chat
Like many Chinese tech entrepreneurs, David Xueling Li (李学凌) started his career as a journalist and editor. A philosophy graduate, Li had worked at news portal Sohu as an IT editor in 2003, before joining then-up-and-coming internet company NetEase as editor-in-chief of its news section. Li was not only interested in journalism, but also clearly pa...
Compared to YY and Huya, Douyu arrived to the game much later. Its history dates back to the Chinese anime site AcFun,which was nicknamed “A-site” (A站). AcFun predated streaming site Bilibili (B站 or “B-site”) and actually helped introduce danmaku, or “bullet comments” — user-generated comments floating over a video — to the Chinese internet in 2008...
Tencent, now a hegemon in China’s online gaming industry, clearly does not think so — sources have revealedthat a Tencent-propelled merger of Huya and Douyu is already underway. Tencent currently owns 37.2% of Douyu and 50.1% of Huya, making it the largest shareholder in both companies. Perhaps unsurprisingly, the rivalry between Huya and Douyu has...
Aug 12, 2019 · Douyu is counting on people like Liu to generate revenue via virtual gifts bestowed by fans, potentially showing tech giants like Facebook Inc. and Amazon.com Inc. a new way to monetize...
Jun 20, 2024 · This article analyzes DOYU's top line outlook, profitability prospects, and expected capital return. I expect DouYu's top line performance to improve, but there is uncertainty about DOYU's...
