DouYu () is a Chinese video

live streaming Livestreaming, live-streaming, or live streaming is the streaming media, streaming of video or Digital audio, audio in real-time communication, real time or near real time. While often referred to simply as ''streaming'', the real-time nature ...

service. The site is the largest of its kind in China with 163.6 million monthly active users in 2019, more than the 140 million monthly active users of Twitch. In July 2019, DouYu International Holdings Ltd raised $21 million through U.S.

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

(IPO) and it listed itself on the

Nasdaq The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

with the stock symbol DOYU. It was the largest IPO of any Chinese company on

Wall Street Wall Street is a street in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway (Manhattan), Broadway in the west and South Street (Manhattan), South Str ...

in 2019. In 2018 Douyu made $21 million in advertisement revenues.

Tencent Tencent Holdings Ltd. ( zh, s=腾讯, p=Téngxùn) is a Chinese Multinational corporation, multinational technology Conglomerate (company), conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimed ...

owns about 21% of the shares.

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* {{Video game livestreaming services Chinese brands Chinese entertainment websites Video game streaming services Video hosting Video on demand services Software companies of China Companies listed on the Nasdaq

See also

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