DouYu

{{short description|Chinese live streaming website}}

{{for|the town in China|Douyu (town)}}

{{Use dmy dates|date=April 2020}}

{{Expand Chinese|topic=tech}}{{Infobox website

| name = DouYu

| logo = DouYu 2023.svg

| company_type = Public

| traded_as = {{NASDAQ|DOYU}}

| screenshot =

| url = {{official URL}}

| commercial =

| type = Live streaming

| registration =

| language =

| num_users =

| owner = DouYu International Holdings Ltd.

| launch_date = {{start date and age|2016}}

| revenue =

| current_status = Active

}}

{{Chinese

| order = st

| s = 斗鱼

| t = 鬥魚

| p = Dòuyú

}}

DouYu ({{zh|s=斗鱼 |p=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,{{cite web |last=Russo |first=Anthony |url=https://www.capitalwatch.com/article-4697-1.html |title=DouYu International Sees User Growth, Doubled Revenue |website=CapitalWatch.com |date=27 November 2019 |access-date=25 April 2020}}

more than the 140 million monthly active users of Twitch.{{cite web |url=https://www.abacusnews.com/who-what/how-douyu-won-live-streaming-war-become-chinas-twitch/article/3019361 |last=Ye |first=Josh |title=How Douyu won the live-streaming war to become China's Twitch |website=Abacus |date=19 July 2019 |access-date=25 April 2020}}

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.{{cite web |url=https://esportsinsider.com/2019/07/douyu-raises-775m-nasdaq/ |last=Zhang |first=Chenglu |title=Live streaming service DouYu raises $21M through U.S. IPO |website=Esports Insider |date=18 July 2019 |access-date=25 April 2020}} It was the largest IPO of any Chinese company on Wall Street in 2019.

In 2018 Douyu made $21 million in advertisement revenues.{{cite web |url=https://pandaily.com/here-is-what-you-need-to-know-about-douyu-chinese-streaming-unicorn-eyeing-us-ipo/ |last=Grigorian |first=Greg |title=Here is What You Need to Know About Douyu, Chinese Streaming Unicorn Eyeing US IPO |website=Pandaily |date=9 July 2019 |access-date=25 April 2020}} Tencent owns about 21% of the shares.{{cite web|url=https://seekingalpha.com/article/4335659-tencents-option-to-become-huyas-controlling-shareholder |last=Haak |first=Alex |title=Tencent's Option To Become Huya's Controlling Shareholder |website=Seeking Alpha |date=2 April 2020 |access-date=25 April 2020}}

See also

References

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