Tencent-backed Douyu raises $775 million in US IPO

1 min read China’s biggest live-streaming platform Douyu announced on Wednesday it raised $775 million after pricing its US initial public offering (IPO) at the low end of the indicated range. Why it’s important: The deal is so far the largest Chinese IPO in the US in 2019, eclipsing that ...

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Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range
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Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range: sources