Douyu had nearly 160 million monthly active users across its platforms as of March. Photo: Shutterstock

Tencent-backed DouYu’s US$775 million IPO is the largest by a Chinese company in the US this year

  • Company sells 67.4 million American depositary shares at US$11.5 each
  • Fundraising overshadows Luckin Coffee’s US$561 million Nasdaq IPO in May
Topic |   IPO

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Douyu had nearly 160 million monthly active users across its platforms as of March. Photo: Shutterstock
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