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Douyu TV

Updated: 2018-09-28 (chinaopticsvalley.com) Weibo Weixin Qzone Facebook Twitter More

Douyu International Holdings Limited -- located in Wuhan East Lake High-tech Development Zone (Optics Valley) -- is the largest game-centric live streaming platform in China and a pioneer in the e-sports industry. 

Focusing on live streaming games, Douyu offers services both on PCs and mobile apps, through which users can enjoy immersive and interactive games and live entertainment videos.

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Douyu offers live-streaming services for games on PCs and mobile apps. [Photo/IC] 

According to the iResearch Consulting Group, the company ranked first among China's game-centric live streaming platforms. That was by both the size of its user base and the level of user engagement -- as measured by average total monthly active users -- and average total daily time spent by active users on both mobile and PC platforms during the fourth quarter of 2017 and 2018. 

The company reported a net profit of 35.3 million yuan ($4.99 million) for the first three months of 2019, a turnaround of 185.2 million yuan from last year’s losses of 149.9 million yuan.

Company executives said it is going from strength to strength, with around 100 million registered users and 15 million daily active users across its platform. Up to four million users watch its live feeds at the same time. 

On July 17 this year, the company made its debut on the US Nasdaq tech stock market -- the second-largest stock exchange in the world -- marking the largest Chinese initial public share offering in the United States so far in 2019. 

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Shaojie Chen (right), CEO and founder of Douyu TV, rings the opening bell at the Nasdaq, the second-largest stock exchange in the world, marking the largest Chinese IPO in the United States so far this year. The event took place on July 17. [Photo/WeChat account of Optics Valley]

Against the backdrop of e-sports' booming popularity in China, a growing gamer community in the country is seeking interactive and engaging entertainment through live streaming games. 

China has become the world's largest game-centric live streaming market, with the number of monthly active users, or MAU, about 4.9 times higher than that of the US in 2018. 

1482904859199022248.jpgDouyu International Holdings Limited, the largest game-centric live streaming platform in China and a pioneer in the e-sports industry, is located in Wuhan East Lake High-tech Development Zone (Optics Valley). [Photo/wehdz.gov.cn]

Revenues from China's game-centric live streaming market are expected to grow at a compound annual growth rate of 24.7 percent from 2018 to 2023, which is nearly twice the expected growth rate of the non-game-centric live streaming market.

In addition, the number of MAU for game-centric live streaming platforms in China is expected to increase from 255 million in 2018 to 400 million by 2023.

As the leading game-centric live streaming platform in China, Douyu has brought together a deep pool of top streamers and provided a sustainable streamer development system and it says it is well positioned for a larger share of the country’s increasingly significant user base.

Website: www.douyu.com 

Address: 1 East Ruanjianyuan Road, Wuhan East Lake High-tech Development Zone, Wuhan, Hubei province, China