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DouYu International Holdings Priced, Nasdaq: DOYU

Tencent-backed live e-sports streaming platform.

Industry: Technology

Latest Trade: $10.50 0.00 (0.0%)

First Day Return: 0.0%

Return from IPO: -8.7%

Industry: Technology

We are the largest game-centric live streaming platform in China and a pioneer in the e-sports value chain. We operate our platform on both PC and mobile apps, through which users can enjoy immersive and interactive games and entertainment live streaming. According to iResearch, among China's game-centric live streaming platforms, we ranked first by the size of our user base as measured by average total MAUs on both mobile and PC platforms during the fourth quarter of 2017 and 2018, first by the level of user engagement as measured by average total daily time spent by active users on our platform during the fourth quarter of 2017 and 2018, and first by the number of top 100 game streamers with whom we contracted in December 2017 and December 2018, which was 38 and 50 out of China's top 100 game streamers, respectively. Our average total MAUs were 134.3 million and 153.5 million in the fourth quarter of 2017 and 2018, respectively, while our average total daily time spent by active users was 17.2 million and 24.2 million hours in the same periods. The average daily time spent by each active user in the fourth quarter of 2017 and 2018 was 40 minutes and 54 minutes, respectively.We primarily generate revenues through live streaming and advertisement.
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IPO News for DouYu International Holdings
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IPO Data
IPO File Date 04/22/2019
Offer Price $11.50
Price Range $11.50 - $14.00
Offer Shares (mm) 67.4
Deal Size ($mm) $775
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/16/2019
Offer Price $11.50
Price Range $11.50 - $14.00
Offer Shares (mm) 67.4
Deal Size ($mm) $775
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Wuhan, China
Founded 2014
Employees 2,080
Website www.douyu.com