DouYu 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, more than the 140 million monthly active users of Twitch. In July 2019 DouYu International Holdings Ltd raised $775 million through U.S. initial public offering (IPO) and it listed itself on the New York Stock Exchange (Nasdaq) with the stock symbol DOYU. It was the largest IPO of any Chinese company on Wall Street in 2019. In 2018 Douyu made $73 million in advertisement revenues. Tencent owns about 37% of the shares.
Douyu TV is a live streaming media platform that provides live content such as games, sports, variety shows, entertainment, and more. The live-stream platform offers services like video-sharing for the students live broadcast, covers the main live game and sports as well as other live contents, enabling users to submit, view, and add commentarysubtitles to videos of games, while incorporating content ranging from sports, variety shows, and entertainment.
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