According to some Chinese media outlets that quote anonymous sources, Huya and Douyu, leading game livestreaming platforms in China, are implementing internal layoffs. Read More
Game live-streaming platform Douyu has switched its IPO to the Nasdaq Global Select Market from the New York Stock Exchange, according to the company’s SEC filing on Monday. Read More
Game live-streaming platform Douyu recorded surging revenue, net profit, and strong growth in paying users in the first quarter of 2019, according to updates the company made to its US Securities and Exchange Commission (SEC) filing. Read More
Video game live-streaming platform Douyu on Monday filed its initial public offering (IPO) in the US, with plans to raise up to $500 million. Read More
Chinese e-sports video streaming app Douyu has been taken down from the Chinese iOS app store. The news comes just one day after “WeChat rival” Bullet Messenger was removed from the iOS App Store on October 9. Read More
Shortly after widely circulated rumors about a Hong Kong IPO, Tencent-backed Douyu is reported to have turned its favors to the US stock market. Read More
Tencent has been backing the platform since March 2016 when it led a $100 million B financing round along with Sequoia and Nanshan Capital. It also participated in Douyu’s RMB 1.5 billion worth C financing round in August the same year. Read More
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