- Chinese livestreaming platform Douyu has filed a preliminary IPO application for listing at the New York Stock Exchange, with plans to raise up to $500M under the stock symbol: DOYU.
- Morgan Stanley, JPMorgan Chase, and Bank of America Securities are the underwriters of this U.S. IPO.
- Douyu plans to use the proceeds to further strengthen its position in the esports ecosystem, continue attracting more viewers and streamers while investing in technologies, increase monetization capabilities, and start expansion in selected overseas regions.
On April 22, Chinese livestreaming platform Douyu