Wednesday 17 July 2019

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

DouYu International Holdings Ltd , China's largest live-streaming platform, on Tuesday sold $775 million in stock at a $3.73 billion valuation after pricing its U.S. initial public offering (IPO) at the bottom of an indicative range, people with direct knowledge of the matter said.
Read the full story at Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range: sources on the Reuters website.
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