男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Chinese game-streaming platform DouYu files for US IPO

Xinhua | Updated: 2019-04-23 09:33
Share
Share - WeChat
DouYu International Holdings Limited filed for an initial public offering on the US stock market on April 22, 2019. [Photo/IC]

NEW YORK - DouYu International Holdings Limited, a game-centric live streaming platform in China, filed on Monday for an initial public offering (IPO) on the US stock market.

The company plans to list on the New York Stock Exchange under the symbol "DOYU," with an expectation to raise up to $500 million in the IPO, according to its prospectus filed with the US Securities and Exchange Commission.

Morgan Stanley, JP Morgan and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.

Proceeds of this offering will be mainly used to invest in content, for research and development, for marketing to promote the brand and for general corporate purposes, which may include acquisitions, said its prospectus.

Founded in 2014, the company operates its platform both on PC and mobile apps, through which users can enjoy immersive and interactive games and entertainment live streaming.

Among China's game-centric live streaming platforms, DouYu ranked first by the size of its user base as measured by average total monthly active users (MAUs) on both mobile and PC platforms during the fourth quarter of 2017 and 2018, said the company in its filing, citing consulting institution iResearch's report.

The company booked its revenue of about $531.5 million in 2018, showed the prospectus.

According to the iResearch, China is the world's largest game-centric live streaming market, with approximately 4.9 times the MAUs of the US market in 2018.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 铜山县| 霸州市| 兴隆县| 广宁县| 丘北县| 堆龙德庆县| 青州市| 贺州市| 赣州市| 滁州市| 武夷山市| 恩施市| 临猗县| 文成县| 大英县| 姚安县| 大庆市| 宜黄县| 当阳市| 利辛县| 绥棱县| 保德县| 峨边| 富裕县| 阜平县| 会宁县| 靖远县| 商丘市| 葫芦岛市| 霍山县| 洛隆县| 株洲县| 徐汇区| 高雄市| 呈贡县| 石城县| 咸阳市| 黎川县| 兰州市| 兴国县| 泸西县|