DOYU News

The IPO Party Is Cut Short The third quarter started off in high spirits but ended with a hangover. During the quarter, 39 deals raised $10.8 billion, down slightly from last year, but above the historical average. Healthcare and tech companies again dominated IPO issuance. Software unicorns confirmed that there...read more

Nine companies entered the public market this week, led by customer experience software provider Medallia (MDLA) with a first day pop of 76%. The software company priced at $21, well above the range, to raise $326 million at a fully diluted valuation of $3.6 billion. Medallia’s growth accelerated to 32% in the most recent quarter, and it boasts 32...read more

DouYu International Holdings, a Tencent-backed live e-sports streaming platform, raised $775 million by offering 67.4 million shares at $11.50, the low end of the range of $11.50 to $14.00. DouYu International Holdings plans to list on the Nasdaq under the symbol DOYU. Morgan Stanley, J.P. Morgan, BofA Merrill Lynch and CMB International Capital acted as lead managers on the deal....read more

July's post-holiday flood of IPOs is upon us, with nine diverse offerings and a direct listing scheduled for the second-most active week of the year. The three largest IPOs come from Asia, Europe, and South America, but based on the strong reception of recent tech unicorns, Medallia (MDLA) may get the most eyeballs. DouYu (DOYU) is set to...read more