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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]
