DouYu International Holdings Limited to Report Second Quarter 2023 Financial Results on August 14, 2023
- WUHAN, China , July 27, 2023 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial results for the second quarter 2023 before the U.S. market opens on Monday, August 14, 2023. The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/.
- 07/27/2023
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DouYu International Holdings Limited to Report First Quarter 2023 Financial Results on May 18, 2023
- WUHAN, China , May 4, 2023 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial results for the first quarter 2023 before the U.S. market opens on Thursday, May 18, 2023. The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/.
- 05/04/2023
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DouYu International Holdings Limited (DOYU) Q4 2022 Earnings Call Transcript
- DouYu International Holdings Limited (NASDAQ:DOYU ) Q4 2022 Earnings Conference Call March 20, 2023 7:00 AM ET Company Participants Lingling Kong - Investor Relations Director Hao Cao - Vice President, Finance Shaojie Chen - Chairman and Chief Executive Officer Mingming Su - Chief Strategy Officer Conference Call Participants Lei Zhang - Bank of America Thomas Chong - Jefferies Yiwen Zhang - China Renaissance Raphael Chen - BOCI Research Limited Operator Good morning and good evening, ladies and gentlemen. Thank you, and welcome to DouYu International Holdings Limited's Fourth Quarter and Full Year 2022 Earnings Conference Call.
- 03/20/2023
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DouYu International Holdings Limited to Report Fourth Quarter and Full Year 2022 Financial Results on March 20, 2023
- WUHAN, China , March 6, 2023 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial results for the fourth quarter and full year of 2022 before the U.S. market opens on Monday, March 20, 2023. The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/.
- 03/06/2023
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DouYu International Holdings Limited Sponsored ADR (DOYU) Just Flashed Golden Cross Signal: Do You Buy?
- Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?
- 01/13/2023
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DouYu International Holdings Limited (DOYU) Q3 2022 Earnings Call Transcript
- DouYu International Holdings Limited (NASDAQ:DOYU ) Q3 2022 Earnings Conference Call November 21, 2022 7:00 AM ET Company Participants Lingling Kong - Investor Relations Director Shaojie Chen - Chairman and Chief Executive Officer Hao Cao - Vice President, Finance Conference Call Participants Lei Zhang - Bank of America Thomas Chong - Jefferies Raphael Chen - BOCI Ritchie Sun - HSBC Cathy Tang - Morgan Stanley Operator Good morning and good evening ladies and gentlemen. Thank you and welcome to DouYu International Holdings Limited Third Quarter 2022 Earnings Conference Call.
- 11/21/2022
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DouYu International Holdings Limited to Report Third Quarter 2022 Financial Results on November 21, 2022
- WUHAN, China , Nov. 4, 2022 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial results for the third quarter 2022 before the U.S. market opens on Monday, November 21, 2022. The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/.
- 11/04/2022
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DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q2 2022 Results - Earnings Call Transcript
- DouYu International Holdings Limited (NASDAQ:DOYU ) Q2 2022 Earnings Conference Call August 15, 2022 7:00 AM ET Company Participants Lingling Kong - Investor Relations Director Shaojie Chen - Chairman and Chief Executive Officer Mingming Su - Chief Strategy Officer Hao Cao - Vice President, Finance Conference Call Participants Lei Zhang - Bank of America Alex Poon - Morgan Stanley Thomas Chong - Jefferies Yiwen Zhang - China Renaissance Brian Gong - Citigroup Operator Good morning and good evening, ladies and gentlemen. Thank you and welcome to DouYu International Holdings Limited's Second Quarter 2022 Earnings Conference Call.
- 08/16/2022
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Why DouYu Stock Was Up Earlier Today
- Regulatory uncertainties will still linger after the effects of a strong earnings report wear off.
- 08/15/2022
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Buy DouYu On Significantly Negative Enterprise Valuation
- DouYu International Holdings operates one of China's most popular game-centric live streaming platforms. DouYu managed to build a MAU of 62.4 million and record annual revenues well > $1 billion.
- 06/13/2022
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DouYu: Medium-Risk, High-Reward Bet
- Despite the lower number of paying users, DouYu increased its ARPPU by 15% YOY. The current headwinds are crashing the stock, creating once in a lifetime opportunity.
- 05/23/2022
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DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q1 2022 Results - Earnings Call Transcript
- DouYu International Holdings Limited (NASDAQ:DOYU ) Q1 2022 Earnings Conference Call May 18, 2022 7:00 AM ET Company Participants Lingling Kong - Investor Relations Shaojie Chen - Chairman & Chief Executive Officer Hao Cao - Vice President of Finance Mingming Su - Chief Strategy Officer Conference Call Participants Lei Zhang - Bank of America Merrill Lynch Thomas Chong - Jefferies Yiwen Zhang - China Renaissance Alex Poon - Morgan Stanley Ritchie Sun - HSBC Operator Good morning and good evening, ladies and gentlemen. Thank you and welcome to DouYu International Holdings Limited's First Quarter 2022 Earnings Conference Call.
- 05/18/2022
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Here's Why DouYu International Holdings Limited Sponsored ADR (DOYU) Is a Great 'Buy the Bottom' Stock Now
- DouYu International Holdings Limited Sponsored ADR (DOYU) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
- 05/11/2022
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DouYu International Holdings Limited to Report First Quarter 2022 Financial Results on May 18, 2022
- WUHAN, China , May 10, 2022 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial results for the first quarter 2022 before the U.S. market opens on Wednesday, May 18, 2022. The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/.
- 05/10/2022
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DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q4 2021 Results - Earnings Call Transcript
- DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q4 2021 Results - Earnings Call Transcript
- 03/16/2022
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DouYu Tops Q4 Backed By Mobile MAU Growth
- DouYu International Holdings Ltd (NASDAQ: DOYU) reported a fourth-quarter FY21 revenue growth of 2.6% to $365.3 million year-on-year, beating the consensus of $354.9 million. Segments: DouYu's Live streaming revenue increased by 6.7% Y/Y to $346.7 million due to.
- 03/16/2022
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DouYu International Holdings Limited to Report Fourth Quarter and Full Year 2021 Financial Results on March 16, 2022
- WUHAN, China, March 3, 2022 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial results for the fourth quarter and full year of 2021 before the U.S. market opens on Wednesday, March 16, 2022. The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/.
- 03/03/2022
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DouYu: Now Trading At Truly Crazy Low Levels
- I initiate my coverage on DOYU with a BUY recommendation and a target price of above 3.37 US$ /share, implying an upside potential of 52%. This is an opportunity for traders and investors who build their strategy around buying fear.
- 02/04/2022
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DOYU Stock Alert: What to Know About the Tencent News Lifting DouYu Today
- DOYU stock is up today amid news that it will be going private via Tencent Holdings. Here's what investors need to know about the deal.
- 01/27/2022
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DouYu Stock (DOYU) : Why The Price Surged Up Today
- The stock price of DouYu International Holdings Limited (NASDAQ: DOYU) increased by over 10% during intraday trading today. This is why it happened.
- 01/27/2022
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Why DoYu Stock Jumped 16% on Thursday
- The company might be going private soon.
- 01/27/2022
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Why Are DouYu Shares Trading Higher Premarket?
- Tencent Holdings Ltd (OTC: TCEHY) looks to take DouYu International Holdings Ltd (NASDAQ: DOYU) private by 2022 end amid disagreements over strategy among executives at the Chinese videogame streaming firm, Reuters reports. Tencent, the biggest shareholder in DouYu, has a 37% stake.
- 01/27/2022
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Read Why BofA Resumed Coverage On DouYu
- BofA analyst Lei Zhang resumed coverage of DouYu International Holdings Ltd (NASDAQ:DOYU) with an Underperform and price target of $3.30, implying a 29.4% upside. The re-rating follows the termination of the merger offer with HUYA Inc (NYSE:HUYA).
- 12/27/2021
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DouYu Finds Itself in Unfamiliar Waters as Business Shrinks
- Key Takeaways: DouYu has reported its revenue slipped 8% in the third quarter, while also reporting its fourth consecutive quarterly loss
- 11/18/2021
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DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q3 2021 Results - Earnings Call Transcript
- DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q3 2021 Results - Earnings Call Transcript
- 11/16/2021
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Preview: DouYu International Hldgs's Earnings
- \DouYu International Hldgs (NASDAQ:DOYU) is set to give its latest quarterly earnings report on Tuesday, 2021-11-16. Here's what investors need to know before the announcement.
- 11/15/2021
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3 Metaverse Penny Stocks To Watch For November 2021
- Are metaverse stocks on your watch list in November? The post 3 Metaverse Penny Stocks To Watch For November 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 11/09/2021
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DouYu International Holdings Limited to Report Third Quarter 2021 Financial Results on November 16, 2021
- WUHAN, China, Nov. 4, 2021 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial results for the third quarter of 2021 before the U.S. market opens on Tuesday, November 16, 2021. The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/.
- 11/04/2021
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DouYu - An Astonishingly Cheap Value And Growth Play
- DouYu at first glance is very cheap, with a valuation near tangible book value.
- 10/26/2021
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Chinese Stocks in U.S. Tumble After Gaming Firms Summoned
- Sep.08 -- Chinese stocks listed in the U.S. fell on Wednesday after the state-run Xinhua News Agency reported gaming companies including Tencent Holdings Ltd. were summoned by a pair of China's government agencies.
- 09/08/2021
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DouYu Unleashes Fresh $100M Share Buyback
- Chinese game-centric live streaming platform DouYu International Holdings Ltd's (NASDAQ: DOYU) board authorized a share buyback program of up to $100 million of its ordinary shares in the form of ADSs commencing on August 30, 2021. The company expects to use its existing funds to fund repurchases made under this program.
- 08/30/2021
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DouYu International Holdings Limited Announces Share Repurchase Program
- WUHAN, China, Aug. 30, 2021 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$100 million of its ordinary shares in the form of American depositary shares during a period of up to 12 months commencing on August 30, 2021, subject to the relevant rules under the Securities Exchange Act of 1934, as amended (the"Exchange Act"), and the Company's insider trading policy. The Company's share repurchases may be made from time to time on the open market at prevailing market prices, in open-market transactions, privately negotiated transactions or block trades, and/or through other legally permissible means, depending on market conditions and in accordance with the applicable rules and regulations.
- 08/30/2021
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Why The Stock Market Is Down Today & 3 Penny Stocks To Watch Now
- Here's why the stock market is down today. The post Why The Stock Market Is Down Today & 3 Penny Stocks To Watch Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 08/17/2021
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How Game Streaming Platform HUYA's Q2 Earnings Stack Up Against DouYu Amid Gradual Pandemic Recovery?
- Game live streaming platform HUYA Inc (NYSE: HUYA) reported second-quarter FY21 revenue growth of 9.8% year-on-year to $458.8 million, beating the analyst consensus of $440.25 million. DouYu International Holdings Ltd's (NASDAQ: DOYU) Q2 revenue declined 6.8% Y/Y $361.9 million year-on-year, slightly above the analyst consensus of $361.6 million.
- 08/17/2021
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DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q2 2021 Results - Earnings Call Transcript
- DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q2 2021 Results - Earnings Call Transcript
- 08/16/2021
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DouYu Stock Gains As Q2 Revenue Manages To Top Consensus
- DouYu International Holdings Ltd (NASDAQ: DOYU) reported a second-quarter FY21 revenue decline of 6.8% to $361.9 million year-on-year, marginally above the analyst consensus of $361.6 million. Contrastingly, Netflix Inc's (NASDAQ: NFLX) Q2 revenue grew 19% Y/Y to $7.34 billion, above the analyst consensus of $7.32 billion.
- 08/16/2021
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DouYu International Holdings Limited Reports Second Quarter 2021 Unaudited Financial Results
- WUHAN, China, Aug. 16, 2021 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial and Operational Highlights Total net revenues in the second quarter of 2021 were RMB2,336.8 million (US$361.9 million), compared with RMB2,508.2 million in the same period of 2020.
- 08/16/2021
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DouYu International Holdings Limited to Report Second Quarter 2021 Financial Results on August 16, 2021
- WUHAN, China, Aug. 9, 2021 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial results for the second quarter of 2021 before the U.S. market opens on Monday, August 16, 2021. The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/.
- 08/09/2021
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Chinese stocks are being battered by regulation from Beijing. Here are the 10 that have seen the steepest declines in 2021.
- The iShares MSCI China ETF has fallen 16% year-to-date and is down 30% from its peak in February, while the S&P 500 is up about 15% in 2021.
- 07/28/2021
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Is It Game Over for Huya and Douyu?
- These two Chinese streaming giants are down after China's regulators blocked plans to merge.
- 07/13/2021
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DouYu To Terminate HUYA Merger Following China's Antitrust Review
- The State Administration for Market Regulation of the People's Republic of China (SAMR) prohibited streaming platform DouYu International Holdings Limited's (NASDAQ: DOYU) proposed merger with HUYA Inc (NYSE: HUYA) following an antitrust review. Tencent Holdings Ltd (OTC: TCEHY) had pushed for the merger as it owned stakes in both companies.
- 07/12/2021
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HUYA Inc. Announces Termination of Merger Agreement with DouYu
- GUANGZHOU, China, July 12, 2021 /PRNewswire/ -- HUYA Inc. (NYSE: HUYA) ("Huya" or the "Company"), a leading game live streaming platform in China, today announced that according to the announcement posted by the State Administration for Market Regulation of the People's Republic of China (the "SAMR") on July 10, 2021, the SAMR decided to prohibit the proposed merger (the "Merger") between Huya and DouYu International Holdings Limited ("DouYu") following SAMR's antitrust review (the "SAMR Decision"). Huya fully respects and will abide by the SAMR Decision, and will comply with all regulatory requirements, and conduct its businesses in accordance with the applicable laws and regulations.
- 07/12/2021
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Chinese live streaming firm DouYu terminates merger deal with Huya
- DouYu International Holdings Ltd has terminated its merger agreement with Huya Inc, the Tencent-backed Chinese live streaming company said on Monday.
- 07/12/2021
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DouYu Announces Termination of Merger Agreement with Huya
- WUHAN, China, July 12, 2021 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that on July 10, 2021, the State Administration for Market Regulation of the People's Republic of China, or the SAMR, posted an announcement of its decision to prohibit the proposed merger (the "Merger") between HUYA Inc. ("Huya") and DouYu International Holdings Limited ("DouYu") following SAMR's antitrust review (the "SAMR Decision"). DouYu fully respects and will abide by the SAMR Decision, and will comply with all regulatory requirements, conduct its businesses in accordance with the applicable laws and regulations, and fulfill its social responsibilities.
- 07/12/2021
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Chinese regulator halts Huya-Douyu game-streaming merger
- China's market regulator on Saturday blocked the merger of Tencent-backed game streaming platforms Douyu and Huya following an anti-monopoly investigation, as authorities ramp up scrutiny of some of the country's biggest technology companies.
- 07/10/2021
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Why Chinese Tech Stocks Got Destroyed This Week
- Casualties include Baidu, Baozun, Bilibili -- and some other stocks that don't start with the letter B.
- 07/09/2021
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Why DouYu Is Down 15% Today
- China's biggest video game watching services aren't going to be allowed to become a monopoly after all.
- 07/06/2021
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DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q1 2021 Results - Earnings Call Transcript
- DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q1 2021 Results - Earnings Call Transcript
- 05/18/2021
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DouYu International Misses On Q1 Revenue
- Chinese game-centric live streaming platform DouYu International Holdings Ltd (NASDAQ: DOYU) reported a first-quarter FY21 revenue decline of 5.5% year-on-year to $328.564 million (RMB2.153 billion), missing the analyst consensus of $337.38 million. Average MAUs rose 21.3% Y/Y to 191.9 million, Average mobile MAUs rose 4.5% Y/Y to 59.1 million, and the quarterly average paying user count declined 7.9% Y/Y to 7.0 million.
- 05/18/2021
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DouYu International: Q1 Earnings Insights
- Shares of DouYu International Hldgs (NASDAQ:DOYU) decreased 4.5% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share decreased 107.69% year over year to ($0.01), which beat the estimate of ($0.06).
- 05/18/2021
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DouYu International Holdings Limited Reports First Quarter 2021 Unaudited Financial Results
- WUHAN, China, May 18, 2021 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Financial and Operational Highlights Total net revenues in the first quarter of 2021 were RMB2,152.7 million (US$328.6 million), compared with RMB2,278.0 million in the same period of 2020.
- 05/18/2021
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DouYu International Holdings Limited to Report First Quarter 2021 Financial Results on May 18, 2021
- WUHAN, China, May 7, 2021 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial results for the first quarter of 2021 before the U.S. market opens on Tuesday, May 18, 2021. The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/.
- 05/07/2021
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DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q4 2020 Results - Earnings Call Transcript
- DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q4 2020 Results - Earnings Call Transcript
- 03/23/2021
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DouYu International: Q4 Earnings Insights
- Shares of DouYu International Hldgs (NASDAQ:DOYU) rose 3.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 187.50% over the past year to ($0.07), which missed the estimate of ($0.01).
- 03/23/2021
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DouYu International Holdings Limited Reports Unaudited Financial Results For Fourth Quarter and Full Year 2020
- WUHAN, China, March 23, 2021 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2020. Fourth Quarter 2020 Financial and Operational Highlights Total net revenues in the fourth quarter of 2020 increased by 10.0% to RMB2,269.2 million (US$347.8 million) from RMB2,062.9 million in the same period of 2019.
- 03/23/2021
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Zhihu IPO: China's Quora With Surging Sales Growth
- Zhihu IPO: China's Quora With Surging Sales Growth
- 03/22/2021
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DouYu International Holdings Limited to Report Fourth Quarter and Full Year 2020 Financial Results on March 23, 2021
- WUHAN, China, March 11, 2021 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial results for the fourth quarter and full year of 2020 before the U.S. market opens on Tuesday, March 23, 2021. The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/.
- 03/11/2021
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7 Cheap Tech Stocks to Hop On Now
- You might think all the quality tech stocks have been overbought or aren't worth buying at this point, but these stocks are still cheap. The post 7 Cheap Tech Stocks to Hop On Now appeared first on InvestorPlace.
- 02/12/2021
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Why DouYu International Stock Fell 16.6% in December
- The live-streaming gaming company came under regulatory scrutiny.
- 01/07/2021
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Huya and DouYu Deal Comes Under Chinese Regulatory Scrutiny
- Antitrust regulators are taking a closer look at the internet tech sector.
- 12/14/2020
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China's Tech Crackdown Turns Toward Tencent-Backed Douyu, Huya Merger
- China's market regulators have initiated an investigation into the merger of Tencent Holdings ADR (OTC: TCEHY)-backed live streaming platform Douyu International Holdings Ltd (NASDAQ: DOYU) and video game publisher and live streamer Huya Inc ADR (NYSE: HUYA), Reuters reports. What Happened: The Huya-Douyu merger deal announced in October, an all-stock deal, was initiated after Tencent had pushed both companies into re-organization.
- 12/14/2020
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China market regulator investigates merger between Douyu and Huya
- China's market regulator said on Monday it is investigating the merger between Tencent-backed live game-streaming companies Douyu International Holdings and Huya Inc.
- 12/14/2020
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7 Cheap Stocks Under $20 To Buy That Span Industries
- Cheap stocks can be a great investment if you do your due diligence. Click here for seven such stocks already done for you.
- 12/10/2020
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DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q3 2020 Results - Earnings Call Transcript
- DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q3 2020 Results - Earnings Call Transcript
- 11/11/2020
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DouYu International: Q3 Earnings Insights
- Shares of DouYu International Hldgs (NASDAQ:DOYU) moved higher by 5.4% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 50.00% year over year to $0.06, which missed the estimate of $0.09.
- 11/11/2020
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DouYu International Holdings Limited Reports Third Quarter 2020 Unaudited Financial Results
- WUHAN, China, Nov. 11, 2020 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced its unaudited financial results for the third...
- 11/11/2020
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The Merger Between Huya and Douyu Could Create Enormous Shareholder Value
- Joining forces makes sense.
- 11/10/2020
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Week 45 MDA Breakout Forecast - November: Short-Term Picks To Give You An Edge
- Two new sample breakout stocks for Week 45 with better than 10% short-term upside potential. Now up an average +244.3% YTD. This past week no stocks gained over 10% and the Momentum Gauge® turned negative Monday in a strong warning signal of market declines. CCRN gained +10.1% on Friday.
- 11/02/2020
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DouYu International Holdings Limited to Report Third Quarter 2020 Financial Results on November 11, 2020
- WUHAN, China, Oct. 29, 2020 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial...
- 10/29/2020
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JPMorgan Chase & Co. Downgrades DouYu International (NASDAQ:DOYU) to Neutral
- JPMorgan Chase & Co. lowered shares of DouYu International (NASDAQ:DOYU) from an overweight rating to a neutral rating in a report published on Wednesday morning, Briefing.com reports. Several other research firms have also commented on DOYU. 86 Research lowered DouYu International to a hold rating and set a $16.00 target price for the company. in […]
- 10/15/2020
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JPMorgan Chase & Co. Downgrades DouYu International (NASDAQ:DOYU) to Neutral
- JPMorgan Chase & Co. lowered shares of DouYu International (NASDAQ:DOYU) from an overweight rating to a neutral rating in a report published on Wednesday morning, Briefing.com reports. Several other research firms have also commented on DOYU. BidaskClub lowered DouYu International from a buy rating to a hold rating in a research note on Thursday, October […]
- 10/15/2020
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DouYu International (NASDAQ:DOYU) Shares Gap Up to $14.00
- DouYu International Holdings Limited (NASDAQ:DOYU) gapped up before the market opened on Monday . The stock had previously closed at $14.00, but opened at $17.50. DouYu International shares last traded at $16.27, with a volume of 15,765 shares changing hands. A number of equities analysts have issued reports on DOYU shares. BidaskClub cut DouYu International […]
- 10/12/2020
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Vanguard Group Inc. Purchases 627,907 Shares of DouYu International Holdings Limited (NASDAQ:DOYU)
- Vanguard Group Inc. increased its position in DouYu International Holdings Limited (NASDAQ:DOYU) by 28.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,804,916 shares of the company’s stock after purchasing an additional 627,907 shares during the quarter. Vanguard Group Inc. […]
- 10/04/2020
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Tracking Chase Coleman's Tiger Global Portfolio - Q2 2020 Update
- Chase Coleman’s 13F portfolio value increased from $16.61B to $25.79B this quarter. Tiger Global added CrowdStrike Holdings and increased Salesforce.com during the quarter.
- 09/10/2020
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Momo: Tantan's Love Story Is Alive, But The Live Stream Business Hits A Roadblock
- Q2'2020 was a testing quarter for investors. Momo reported mediocre performance, continued its decline in revenue, profitability, and Q3 will be even worse.
- 09/04/2020
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Bilibili - The Hyper-Growth Initiative Into Multiple Online Entertainment Segments Is Unsustainable
- Bilibili is a diversified online video entertainment platform, and thanks to the impressive growth in Q2'2020, it has become the largest player in China, boasting 172 million MAU.
- 08/31/2020
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Taobao Live's Growth Story Continues
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JOYY - The Future No.1 Online Video Entertainment Platform In Asia, Strong Upside Ahead
- JOYY has built a global video-based online platform that has seen an explosion of user growth and engagement recently.
- 08/23/2020
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DouYu Announces Formation of Special Committee and Appointment of Advisors
- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that its Board of Directors (the "Board") has formed a special committee of independent directors (the "Special Committee") consisting of Mr. Zhaoming Chen, Mr. Xi Cao, Mr. Xuehai Wang and Mr. Zhi Yan. The Special Committee will review and evaluate a previously-announced preliminary non-binding proposal that the Board received on August 10, 2020 from Tencent Holdings Limited, proposing that DouYu and HUYA Inc. ("Huya") (NYSE: HUYA) enter into a stock-for-stock merger (the "Proposed Transaction"). Pursuant to the Proposed Transaction, each ordinary share of DouYu (including ordinary shares represented by American depositary shares) held by DouYu shareholders will be exchanged for a to be agreed number of newly issued Class A ordinary shares of Huya.
- 08/17/2020
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Tencent's Next Merger Could Dominate China's Game Streaming Market
- Tencent (OTC: TCEHY) recently proposed merging Huya (NYSE: HUYA) and DouYu International (NASDAQ: DOYU), the two largest video game streaming platforms in China. Tencent owns 36.9% of Huya's shares with a 50.9% voting stake, as well as a 38% equity and voting stake in DouYu. Tencent replaced JOYY (NASDAQ: YY) as Huya's top investor earlier this year after exercising an option to boost its voting stake.
- 08/15/2020
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Is DouYu International Holdings Limited Sponsored (DOYU) Stock Outpacing Its Consumer Discretionary Peers This Year?
- Is (DOYU) Outperforming Other Consumer Discretionary Stocks This Year?
- 08/14/2020
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The Zacks Analyst Blog Highlights: Activision Blizzard, Electronic Arts, DouYu International, Take-Two Interactive Software and Capcom
- The Zacks Analyst Blog Highlights: Activision Blizzard, Electronic Arts, DouYu International, Take-Two Interactive Software and Capcom
- 08/14/2020
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Huya And DouYu: Future eSports Giant - Tencent's Vision Is Larger Than A 'Twitch' Of Asia
- Tencent is morphing time in Esports in Asia, rapidly transforming Esports entertainment by integrating games and streamer into one giant platform.
- 08/14/2020
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Here's Why DouYu International Holdings Limited Sponsored ADR (DOYU) is a Great Momentum Stock to Buy
- Does DouYu International Holdings Limited Sponsored ADR (DOYU) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 08/13/2020
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Tencent Plays Down WeChat Ban After Results Beat Estimates
- (Bloomberg) -- Tencent Holdings Ltd. tried to reassure investors that U.S. President Donald Trump’s ban on its WeChat messaging service may apply only to its overseas operations, suggesting the impact on the world’s largest gaming corporation should be modest.The Chinese company’s shares gained as much as 2% in Hong Kong. During a conference call after earnings, executives repeatedly emphasized the distinction between WeChat, which is used outside China, and Weixin, a similar service within the country. Trump’s executive order specifically mentioned banning the former because of alleged risks to American national security.“The executive order is focused on WeChat in the United States and not other businesses in the U.S.,” said Chief Financial Officer John Lo. “We are in the process of seeking further clarification from bipartisan parties in the U.S.”Trump ignited a furor after signing the order to ban U.S. entities from dealing with WeChat -- along with TikTok, ByteDance Ltd.’s viral video platform -- from September. Confusion reigned as investors grappled with the sweeping language of Trump’s order -- which bars “transactions” with the Chinese company -- that leaves the door open for the administration to extend it well beyond the service in America.Tencent’s Retro Roots Juice Its Pandemic Profits: Tim CulpanDespite stating at the outset it wouldn’t get into hypotheticals, Tencent fielded question after question revolving round the ban, which wiped $66 billion off the company’s market value after it was announced last week. Executives said several times they were still figuring out how the order would be applied.Their comments came after Tencent boosted revenue at the fastest pace in two years and reported profit that beat the highest analyst estimate. Sales rose 29% to 114.9 billion yuan ($16.5 billion) in the three months ended June, while net income increased to 33.1 billion yuan.The expectation has been that Trump’s order would result in WeChat getting pulled from Apple and Google’s app stores, where the vast majority of smartphone owners get their applications. That would mean suspending updates or even blacking out a service vital to communications on the factory floor, in households and the boardroom. Apple Inc. would be at particular risk if it couldn’t offer the software on iPhones in China.Read more: Apple’s $44 Billion China Market Threatened by Trump WeChat BanWhat Bloomberg Intelligence SaysHeightened usage of Tencent’s digital services driven by Covid-19 may boost the company’s earnings in the coming quarters. The online game business could continue to expand through the year with popular new titles in the pipeline and enhanced monetization features. Media advertising sales might remain subdued due to weak demand and delayed video content, but social-advertising growth could stay robust.\- Vey-Sern Ling and Tiffany Tam, analystsClick here for the research.Tencent executives also fielded questions about whether American companies would be able to keep doing business with the Chinese tech giant. U.S. companies like Starbucks Corp. and Walmart Inc. collaborate with Tencent in China and generate advertising and e-commerce revenue for the company. The U.S. represents less than 2% of Tencent’s global revenue, executives said.“When we saw the executive order a couple days ago, they specify quite clearly they cover the U.S. jurisdiction, and consequently, we don’t see any impact on companies’ advertising on our platform in China,” said James Mitchell, chief strategy officer.China’s biggest social media company has benefited from an internet resurgence during the coronavirus pandemic. It won approval from Beijing to earn money from Call of Duty Mobile, the smartphone version of a long-running franchise that will underpin its gaming business, and has charted a line-up of new titles for 2020 to shore up resilient franchises Peacekeeper Elite and Honor of Kings.New titles like Brawl Stars drove a 40% surge in online gaming revenue during the quarter -- its biggest increase since 2017. It’s also driving discussions to merge U.S.-listed Huya Inc. and DouYu International Holdings Ltd. to create a Twitch-like $10 billion local leader in games streaming. Tencent has already folded Huya’s results into its own, swelling both its top and bottom line.One risk to its outlook was the surprise delay of Mobile Dungeon&Fighter, though analysts expect eventual approval for a Nexon Co. title that’s supposed to be Tencent’s tent-pole for the second half.”Although the direct revenue impact is small, Mobile DnF’s delay and the WeChat ban in the U.S. cast a shadow over the near term outlook,” Bernstein analyst David Dai said.Read more: Trump’s WeChat Assault Endangers $280 Billion Tencent RallyRead more: Trump’s Assault on WeChat Endangers a $280 Billion Tencent RallyThe WeChat and Weixin services grew monthly active users 6.5% to more than 1.2 billion as of June’s end. Started in 2011 as a WhatsApp clone, the app has become deeply ingrained in Chinese life, indispensable to the hordes who use it to chat, shop, watch videos, play games, flirt, order food and taxis. It pioneered the all-in-one or super-app concept by embedding lite apps or mini programs -- a model emulated by Alibaba Group Holding Ltd. as well as Facebook Inc. Its success sprang in part from the fact that China banned global services such as WhatsApp, Twitter and Instagram, allowing WeChat and a host of other Chinese equivalents to flourish in an alternate internet realm.“Uncertainties still exist for Tencent and other Chinese internet companies with business in the U.S., and Chinese pure-plays will be perceived as safer by investors,” Dai wrote before earnings were released.Read more: Why Tencent and WeChat Are Such a Big Deal in China: QuickTake(Updates with share action from the second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 08/13/2020
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Trump’s WeChat Assault Endangers $280 Billion Tencent Rally
- (Bloomberg) -- Donald Trump’s WeChat ban targets a celebrated Chinese innovation at the heart of the world’s largest mobile gaming and social media empire, threatening one of the more eye-catching stock rallies of 2020.It’s hard to overstate WeChat’s importance to Tencent Holdings Ltd. It’s the means through which Tencent introduces a billion people to games and other online content, funneling trillions of dollars in annual payments to brands from Apple Inc. to Walmart Inc. WeChat’s reach underpinned Tencent’s $280 billion gain in market value since a March 18 Covid-19 trough -- equivalent to one Samsung Electronics Co. and the fifth biggest dollar-gain on the planet over that period.Trump single-handedly stopped that rally cold. The U.S. President signed an executive order last week to ban U.S. entities from dealing with WeChat -- along with TikTok, ByteDance Ltd.’s viral video platform -- in 45 days. Confusion and uncertainty reigned as investors grappled with the vague edict. Tencent shed $66 billion over two days before it partly bounced back.Executives unfurling earnings Wednesday will seek to reassure the market it can withstand a White House campaign that’s already ensnared Huawei Technologies Co. and dozens of Chinese up-and-comers. A U.S. official clarified the sanction involves only the app and not its owner. But the sweeping language of Trump’s order -- which bars “transactions” with the Chinese company -- leaves the door open for the administration to extend it well beyond WeChat, dubbed Weixin locally.“It’s really a gut punch to those companies when you look at their global expansion plans,” Wedbush analyst Daniel Ives told Bloomberg Television. Tencent’s stock stood largely unchanged ahead of the results this afternoon.Why Tencent and WeChat Are Such a Big Deal in China: QuickTakeThe WeChat operator is doing well in the short run: analysts on average foresee a 27% rise in June-quarter revenue and a 13% spike in net income. But investors appear divided over the fate of China’s second largest corporation. Options on the company -- contracts that let the holder buy or sell stock at a pre-agreed price -- suggest traders are bracing for a 5.7% swing in Tencent’s shares after it unveils earnings, or roughly four times the usual band.The three most popular options as of Wednesday included a bullish contract that projected a roughly 16% rise to HK$600 by September’s end and a bearish one that suggested a 20% plunge, Bloomberg data showed. But the put-to-call ratio, or the number of traded sell options divided by the number of buy contracts, is near its lowest since May, suggesting more upbeat than bearish investors still.The widening gulf reflects the central role WeChat plays in Tencent’s empire, and the outsized fallout now that it’s in Trump’s cross-hairs. Started in 2011 as a WhatsApp clone, the service has become deeply ingrained in Chinese life, indispensable to the hordes who use it to chat, shop, watch videos, play games, flirt, order food and taxis. It pioneered the all-in-one or super-app concept by embedding lite apps or mini programs -- a model emulated by Alibaba Group Holding Ltd. as well as Facebook Inc. Its success sprang in part from the fact that China banned global services such as WhatsApp, Twitter and Instagram, allowing WeChat and a host of other Chinese equivalents to flourish in an alternate internet realm.Today, if the Chinese company is a mashup of Facebook, Netflix, WhatsApp and Spotify, then WeChat is the smartphone and payments backbone that ties them all together.“The impact on valuation would be more severe if the implementation included banning all transactions of Chinese businesses of U.S. companies with Tencent as a whole, as this would also hurt Weixin, advertising in mainland China by U.S. affiliated firms, the international cloud business, the international gaming business, and so on,” Morningstar analyst Chelsey Tam wrote this week.At a minimum, Trump’s order likely gets WeChat removed from Apple and Google’s mobile stores, which in turn means suspending updates or even blacking out a service vital to communications on the factory floor, in households and the boardroom. And if American consumer giants like Starbucks Corp. and Walmart are prevented from doing business with WeChat in China, Tencent may also take a blow to advertising and e-commerce sales.But the ban has wider implications. Even if the executive order doesn’t cover WeChat China, it could hamstring Tencent in other ways. Take Tencent’s $15 billion cloud services and fintech division, a major driver of growth over past years. If American firms can’t sell servers to support WeChat, that effectively means they can’t sell to Tencent itself unless the messaging service can be completely ring-fenced. Secretary of State Michael Pompeo has already urged American companies to cut ties with Chinese cloud providers including Tencent and Alibaba, part of a “clean internet” campaign.Read more: Trump Ban on Top Messaging App Risks Snarling Global BusinessThen there’s Tencent’s cash cow. Gamers the world over were among the fastest and loudest opponents of the action, going online to campaign to save titles like PUBG Mobile and Call of Duty Mobile. Tencent has some $22 billion of investments in U.S. gaming assets and companies from Activision Blizzard Inc. to Fortnite maker Epic Games Inc. and League of Legends developer Riot Games Inc.What Bloomberg Intelligence SaysThe spilling over of U.S.-China tension into the software realm, marked by President Donald Trump’s executive orders against Tencent and ByteDance, could increase risks for global video-game makers if business operations are forced to decouple. Tencent has at least $22 billion of gaming investments in the U.S. that, if bans widen, may face forced divestment similar to ByteDance’s TikTok, while Activision Blizzard risks losing 10-20% of Blizzard revenue generated in China through its partnership with NetEase.\- Vey-Sern Ling and Matthew Kanterman, analystsClick here for the research.Tencent in recent years has searched for ways to extend its dominance of China’s social media and gaming scenes internationally, with mixed success. Its smaller global exposure now becomes an edge over upstart ByteDance, whose TikTok is the first truly successful Chinese-made internet service.Now it’s turning inward faster than before. On Monday, Tencent kicked off a deal to merge game-streaming platforms DouYu International Holdings Ltd. and Huya Inc. into a $10 billion local leader. Last month, it offered to buy out and take private domestic search engine Sogou Inc.But Beijing’s own moves could complicate the matter. China has threatened to retaliate against what it perceives as rising U.S. aggression, but any attempt to undercut American operations in China could hurt Tencent and potentially complicate matters for non-U.S. players.“Uncertainties still exist for Tencent and other Chinese internet companies with business in the U.S., and Chinese pure-plays will be perceived as safer by investors,” Bernstein analysts including David Dai wrote in a report.(Updates with Tencent’s shares from the fifth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 08/12/2020
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Tencent wants to merge China's esports archrivals Douyu and Huya
- The war between two of China's largest esports companies may soon come to a truce at the will of their investor, Tencent. Tencent, the world's biggest games publisher, announced late Monday a proposal to consolidate Douyu and Huya, the competing live-streaming sites focused on video games. The proposal is non-binding, but Tencent has paved the way for it to go through.
- 08/11/2020
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Tencent Looking to Launch New $10 Billion Streaming Platform
- Tencent Looking to Launch New $10 Billion Streaming Platform
- 08/11/2020
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Why Huya Stock Fell Today
- What happened Shares of Huya (NYSE: HUYA) have fallen today, down by 8% as of 1:20 p.m. EDT, after JOYY (NASDAQ: YY) announced a share transfer to Tencent (OTC: TCEHY). Tencent also sent Huya a non-binding proposal letter advocating for a merger.
- 08/10/2020
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Tencent Kicks Off Deal to Create $10 Billion Streaming Giant
- (Bloomberg) -- Tencent Holdings Ltd. has proposed a deal to merge DouYu International Holdings Ltd. with Huya Inc., creating a Chinese game streaming leader akin to Amazon’s Twitch with a market value of more than $10 billion.Tencent has offered to buy 30 million shares of Huya from part-owner Joyy Inc. -- itself a live-streaming service operator -- for $810 million, Joyy said. It separately proposed a merger via a share swap of Huya and Douyu, they said, confirming a deal Bloomberg News first reported last week.Tencent is said to seek control of the final entity, which would allow the WeChat operator to dominate the $3.4 billion Chinese live-streamed gaming arena. The social media titan -- which owns a 37% stake in Huya and 38% of DouYu -- has been discussing a merger with the duo over the past few months, people familiar with the deal told Bloomberg News last week.Shares in Huya gained as much as 12% in pre-market trading, while Douyu jumped about 11%. A deal would create an online giant with more than 300 million users, cementing Tencent’s lead in Chinese games and social media. Faced with rising competition for advertisers from ByteDance Ltd. and its rapidly growing stable of apps, the WeChat operator would then run a highly profitable service akin to Amazon.com Inc.’s Twitch.Read more: Tencent Said in Talks to Create $10 Billion Streaming GiantTencent’s shoring up its home-market position against the backdrop of a U.S. administration increasingly hostile toward Chinese tech companies. Last week, President Donald Trump signed an executive order banning WeChat in 45 days, highlighting the growing hurdles Chinese companies face abroad.China’s game-streaming market is estimated to generate 23.6 billion yuan ($3.4 billion) in revenue this year, according to iResearch. The country’s streaming networks live and die by the popularity of star players and the virtual tips and gifts that fans buy for them, leading to intense bidding wars for the most-recognized names. Companies like Google-backed Chushou TV shuttered their services after failing to secure new money, while NetEase Inc.’s CC Live has found a small niche in broadcasting its in-house titles.Already featuring Tencent’s marquee games like PUBG Mobile and Honor of Kings, Huya and DouYu have established a clear lead as the top two platforms. Nevertheless, revenue growth slowed down for both in recent quarters as users shifted their attention to ByteDance’s Douyin, the Chinese twin to the globally popular TikTok short-video service. A merger would help them lower broadcast and content costs at a time when rival video services like Kuaishou and Bilibili Inc -- both also backed by Tencent -- intensify their efforts to compete for more gaming content.In April, Tencent bought an additional stake in Huya for about $260 million from Joyy, boosting its voting power in the platform to more than 50%. The latest acquisition of shares from Joyy will make Tencent the majority shareholder in the streaming platform (51%) and give it 70.4% of total voting rights, according to documents filed by the two companies. The Chinese tech giant owns about 38% of DouYu.(Updates with share action from the fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 08/10/2020
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DouYu International: Q2 Earnings Insights
- Shares of DouYu International Hldgs (NASDAQ:DOYU) rose 9% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share fell 46.43% over the past year to $0.15, which beat the estimate of $0.13.Revenue of $354,419,000 up by 29.92% from the same period last year, which beat the estimate of $347,940,000.Looking Ahead Q3 revenue expected to be between $373,050,000 and $378,702,000.How To Listen To The Conference Call Date: Aug 10, 2020Time: 08:00 AMView more earnings on DOYUET Webcast URL: https://78449.choruscall.com/dataconf/productusers/doyu/mediaframe/39985/indexr.htmlTechnicals Company's 52-week high was at $17.24Company's 52-week low was at $6.11Price action over last quarter: Up 105.41%Company Profile DouYu International Holdings Ltd is a game-centric live streaming platform in China. The company operates its platform on both PC and mobile apps, through which users can enjoy immersive and interactive games and entertainment live streaming. It generates revenues through live streaming and advertisement.See more from Benzinga * Earnings Scheduled For August 10, 2020 * Stocks That Hit 52-Week Highs On Wednesday * A Look Into DouYu International's Price Over Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/10/2020
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DouYu Announces Receipt of Preliminary Non-Binding Proposal from Tencent for Strategic Combination of DouYu and Huya
- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that its Board of Directors (the "Board") has received a preliminary non-binding proposal letter, dated August 10, 2020, from Tencent Holdings Limited, proposing that DouYu and HUYA Inc. ("Huya") (NYSE: HUYA) enter into a stock-for-stock merger, as a result of which Huya or its subsidiary would acquire each outstanding ordinary share of DouYu (including ordinary shares represented by American depositary shares) (the "Proposed Transaction"). Pursuant to the Proposed Transaction, shareholders of DouYu will receive a to be agreed number of newly issued Class A ordinary shares of Huya for their respective DouYu shares. A copy of the proposal letter is attached hereto as Exhibit A.
- 08/10/2020
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DouYu International Holdings Limited Reports Second Quarter 2020 Unaudited Financial Results
- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced its unaudited financial results for the second quarter and six months ended June 30, 2020
- 08/10/2020
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What's in Store for DouYu International (DOYU) Q2 Earnings?
- DouYu International (DOYU) second-quarter results are likely to reflect robust advertising and other revenues.
- 08/07/2020
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Media Powerhouse IAC Clears Technical Benchmark, Hitting 90-Plus RS Rating
- One stock that fits that bill is IAC, which saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 88 to 91. IAC, also called InterActiveCorp, owns media, internet and other brands. IBD's unique RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
- 08/06/2020
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Tencent Reportedly Wants China’s 2 Largest Live-Streaming Platforms to Merge. Here’s Why.
- The Chinese tech and entertainment giant has more than a one-third stake in both platforms, Huya and DouYu International Holdings.
- 08/05/2020
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A Look Into DouYu International's Price Over Earnings
- In the current session, DouYu International Hldgs Inc. (NASDAQ: DOYU) is trading at $15.55, after a 5.12% spike. Over the past month, the stock increased by 19.78%, and in the past year, by 68.63%. With performance like this, long-term shareholders optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently above from its 52 week high by 4.34%.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.View more earnings on DOYUMost often, an industry will prevail in a particular phase of a business cycle, than other industries.DouYu International Hldgs Inc. has a better P/E ratio of 122.61 than the aggregate P/E ratio of 58.19 of the Internet Content & Information industry. Ideally, one might believe that DouYu International Hldgs Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued.Price to earnings ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga * Stocks That Hit 52-Week Highs On Monday * 14 Communication Services Stocks Moving In Thursday's Pre-Market Session * Stocks That Hit 52-Week Highs On Friday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/05/2020
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Tencent in Talks to Create $10 Billion Streaming Giant
- (Bloomberg) -- Tencent Holdings Ltd. is driving discussions to merge China’s biggest game-streaming platforms Huya Inc. and DouYu International Holdings Ltd., people familiar with the matter said, in a deal that would allow it to dominate the $3.4 billion arena.The Chinese social media titan -- which owns a 37% stake in Huya and 38% of DouYu -- has been discussing such a merger with the duo over the past few months, although details have yet to be finalized, said the people, who asked not to be identified because discussions are private. Tencent is seeking to become the largest shareholder in the combined entity, one person said.A deal would create an online giant with more than 300 million users and a combined market value of $10 billion, cementing Tencent’s lead in Chinese games and social media. Faced with rising competition for advertisers from ByteDance Ltd. and its rapidly growing stable of apps, the WeChat operator would then run a highly profitable service akin to Amazon.com Inc.’s Twitch. Huya and DouYu would keep their respective platforms and branding while working more closely with Tencent’s own esports site eGame, said the people.Douyu’s shares surged 18% in pre-market trade in New York, while Huya soared 15%. Tencent climbed 2% to a two-week high in Hong Kong.“As the major shareholder of both platforms, Tencent would benefit because a merger would remove unnecessary competition between them,” Bloomberg Intelligence analyst Vey-Sern Ling said. “The enlarged scale can also help to drive cost synergies and fend off emerging competitors.”Tencent and DouYu representatives declined to comment, while Huya spokespeople didn’t respond to requests for comment.Tencent’s shoring up its home-market position against the backdrop of a Trump administration increasingly hostile toward Chinese tech companies. WeChat has a limited U.S. presence and Trovo Live, a mobile-focused game-streaming service for American consumers, is only in its initial stages.China’s game-streaming market is estimated to generate 23.6 billion yuan ($3.4 billion) in revenue this year, according to iResearch. The country’s streaming networks live and die by the popularity of star players and the virtual tips and gifts that fans buy for them, leading to intense bidding wars for the most-recognized names. Companies like Google-backed Chushou TV shuttered their services after failing to secure new money, while NetEase Inc.’s CC Live has found a small niche in broadcasting its in-house titles.Already featuring Tencent’s marquee games like PUBG Mobile and Honor of Kings, Huya and DouYu have established a clear lead as the top two platforms. Nevertheless, revenue growth slowed down for both in recent quarters as users shifted their attention to ByteDance’s Douyin, the Chinese twin to the globally popular TikTok short-video service. A merger would help them lower broadcast and content costs at a time when rival video services like Kuaishou and Bilibili Inc -- both also backed by Tencent -- intensify their efforts to compete for more gaming content.In April, Tencent bought an additional stake in Huya for about $260 million from Joyy Inc., boosting its voting power in the platform to more than 50%. When asked about the possibility of a merger with Huya, DouYu founder and Chief Executive Officer Chen Shaojie told analysts on a March earnings call: “We believe it’s Tencent’s vision.”(Updates with share action from the fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 08/05/2020
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Tencent to consolidate China's Twitch-like services Douyu and Huya: sources
- China's biggest video game and social media company Tencent Holdings <0700.HK> is driving a merger of Twitch-like game streaming platforms Douyu and Huya , as it seeks to consolidate its dominance in the industry. Tencent, which is already Huya's biggest shareholder and also owns over a third of Douyu, has been pushing the deal for months, four sources familiar with the situation told Reuters.
- 08/05/2020
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Scotts Miracle-Gro, Barnes, Digital Turbine, Zix and DouYu as Zacks Bull and Bear of the Day
- Scotts Miracle-Gro, Barnes, Digital Turbine, Zix and DouYu as Zacks Bull and Bear of the Day
- 07/31/2020
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3 Cheap Stocks to Buy for Second Half Growth Despite COVID-19 Uncertainty
- Let's dive into three cheap stocks that are trading for under $20 per share that appear strong at the moment despite Covid-19 uncertainty...
- 07/30/2020
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Has DouYu International Holdings Limited Sponsored (DOYU) Outpaced Other Consumer Discretionary Stocks This Year?
- Is (DOYU) Outperforming Other Consumer Discretionary Stocks This Year?
- 07/29/2020
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Boyd Gaming (BYD) Q2 Earnings Beat Estimates, Decline Y/Y
- Boyd Gaming's (BYD) second-quarter earnings and revenues declined year over year on account of dismal traffic due to coronavirus.
- 07/29/2020
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Streaming Wars: A Tale Of Creative Destruction
- With NBCUniversal’s Peacock and WarnerMedia’s HBO Max recently joining the fray, the streaming wars are in full swing.
- 07/27/2020
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DouYu International (NASDAQ:DOYU) versus Blue Sphere (NASDAQ:BLSP) Head-To-Head Analysis
- DouYu International (NASDAQ:DOYU) and Blue Sphere (OTCMKTS:BLSP) are both consumer discretionary companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, earnings, analyst recommendations, valuation and risk. Insider & Institutional Ownership 11.2% of DouYu International shares are held by institutional investors. 8.1% […]
- 07/22/2020
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Morgan Stanley Sells 443,069 Shares of DouYu International Holdings Limited (NASDAQ:DOYU)
- Morgan Stanley trimmed its stake in DouYu International Holdings Limited (NASDAQ:DOYU) by 44.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 556,844 shares of the company’s stock after selling 443,069 shares during the period. Morgan Stanley owned about 0.17% of DouYu International […]
- 07/18/2020
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Has DouYu International Holdings Limited's (NASDAQ:DOYU) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
- DouYu International Holdings (NASDAQ:DOYU) has had a great run on the share market with its stock up by a significant...
- 07/16/2020
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Aggressive Zynga Is Better Than A Cash Rich One
- Zynga is finally stepping on the gas to execute a growth strategy that the company talked about forever.
- 07/14/2020
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Is DouYu International Holdings Limited Sponsored (DOYU) Outperforming Other Consumer Discretionary Stocks This Year?
- Is (DOYU) Outperforming Other Consumer Discretionary Stocks This Year?
- 07/13/2020
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Videogame Sales to Grow on Coronavirus Crisis: 4 Winners
- The last two months saw Americans spending record money on videogames, which has been helping the stocks in the space.
- 07/13/2020
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Stocks To Watch: Bank Earnings And SPAC Deals Blaze In
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 07/11/2020
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Google Couldn’t Help This Chinese Games Startup Beat Tencent
- (Bloomberg) -- Once high-flying Chinese game-streaming platform Chushou TV has shuttered, becoming the latest casualty in a market increasingly dominated by Tencent Holdings Ltd.The mobile-focused streaming network’s demise on July 2 comes just two years after it received $120 million in investment from backers including Alphabet Inc.’s Google. The company, whose name translates as “tentacle,” has asked streamers who play exclusively on the platform to switch to Tencent-backed video-sharing app Kuaishou, according to an in-app notice viewed by Bloomberg News. Chushou and Google representatives didn’t respond to requests for comment sent via email.Chushou’s downfall further underscores Tencent’s supremacy in China’s game-streaming market, which iResearch estimates will generate 23.6 billion yuan ($3.4 billion) in revenue by the end of this year. Now, Tencent effectively controls the two largest platforms -- Huya Inc. and DouYu International Holdings Ltd. -- and has its own esports site eGame. In addition, the social media behemoth has stakes in fast-growing video services Kuaishou and Bilibili Inc., both of which are vying for more gaming content. Chushou said in 2018 it had 8 million unique streamers and 90 million registered users on its platform.Read more: The Billion-Dollar Race to Become China’s Amazon TwitchChina’s streaming companies live and die on fans splurging on virtual gifts to tip performers, leading to bidding wars over the top professional gamers and putting an enormous strain on smaller platforms. Last year, No. 3 player Panda TV also succumbed to competitive forces and shut down its service. Tencent, whose WeChat messaging service is the social media starting point for more than a billion people, can market its services broadly and has forged close ties with influencers, advertisers and content providers across the country.Chushou streamers complained recently online that they’ve not received their cut of virtual-gifting revenue for months and at least one influencer agency is suing Chushou for breach of contract. Last month, Shanghai Xiaren Internet Technology Ltd. secured a court order to freeze 5 million-yuan worth of assets owned by Chushou operator Hangzhou Kaixun Technology Ltd., according to court documents viewed by Bloomberg News. Other investors in Hangzhou-based Chushou include Qiming Venture Partners, GGV Capital, Shunwei Capital and Baidu Inc.’s Netflix-style iQiyi service.Tencent dominates at home but its streaming and social media efforts haven’t progressed far abroad -- something it may be looking to address. The WeChat operator has been quietly testing a mobile-focused streaming network in the U.S. since at least March. Called Trovo Live, the new service closely resembles Twitch in its appearance and functionality, and sports Tencent’s own portfolio of popular games including Fortnite and PUBG Mobile.(Updates with details on Tencent’s business in the fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 07/07/2020
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Brazen Sky was set up as a ruse by Jho Low to divert 1MDB funds, Shahrol says
- Brazen Sky Ltd, a company incorporated in the British Virgin Islands, was set up by fugitive financier Low Taek Jho (Jho Low) and his associates as part of a ruse to divert 1Malaysia Development Bhd’s (1MDB) investment in PetroSaudi Oil Services Ltd (PSOSL), the High Court was told today.
- 06/30/2020
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Shahrol agrees circulars were devised to deceive 1MDB board members
- Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi agreed that certain documents involving the restructuring exercises to repatriate 1MDB's US$2.22 billion were phrased to deceive the state fund's board.
- 06/30/2020
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Comparing Livongo Health (NASDAQ:LVGO) and DouYu International (NASDAQ:DOYU)
- Livongo Health (NASDAQ:LVGO) and DouYu International (NASDAQ:DOYU) are both mid-cap medical companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, profitability, earnings and valuation. Profitability This table compares Livongo Health and DouYu International’s net margins, return on equity and […]
- 06/30/2020
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Sleep Number, Groupon, Yext, DouYu International and NeoPhotonics highlighted as Zacks Bull and Bear of the Day
- Sleep Number, Groupon, Yext, DouYu International and NeoPhotonics highlighted as Zacks Bull and Bear of the Day
- 06/29/2020
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Moving Average Crossover Alert: DouYu International
- DouYu International Holdings Limited (DOYU) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
- 06/29/2020
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DouYu International (NASDAQ:DOYU) Reaches New 12-Month High at $12.19
- Shares of DouYu International Holdings Limited (NASDAQ:DOYU) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $12.19 and last traded at $12.01, with a volume of 27368 shares changing hands. The stock had previously closed at $11.16. DOYU has been the topic of several research analyst reports. […]
- 06/29/2020
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Hedge Funds Have Never Been This Bullish On DouYu International Holdings Limited (DOYU)
- In this article we will check out the progression of hedge fund sentiment towards DouYu International Holdings Limited (NASDAQ:DOYU) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 […]
- 06/28/2020
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3 Cheap Stocks Under $20 to Buy Despite Spikes in Coronavirus Cases
- Today we dive into three 'cheap' stocks trading under $20 a share that investors might want to buy despite concerns about spikes in coronavirus cases...
- 06/26/2020
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China punishes Tencent, ByteDance apps in renewed clampdown
- China has penalised 10 of the country’s most popular live-streaming apps, suspending some of their operations in a renewed crackdown on fast-growing services backed by Tencent Holdings Ltd and ByteDance Ltd.
- 06/23/2020
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China Penalizes Live-Streaming Apps Backed by Tencent, ByteDance | MarketScreener
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China Punishes Tencent, ByteDance Apps in Renewed Clampdown
- (Bloomberg) -- China has penalized 10 of the country’s most popular livestreaming apps, suspending some of their operations in a renewed crackdown on fast-growing services backed by Tencent Holdings Ltd. and ByteDance Ltd.Regulators singled out ByteDance’s Xigua and three apps run by Tencent-backed firms -- Bilibili Inc., Huya Inc. and DouYu International Holdings Ltd. -- among those subject to punishments ranging from halting new user sign-ups to suspending content updates for “main channels,” the Cyberspace Administration of China said in a notice posted Tuesday. The watchdog said those services must rectify vulgar and other problematic content and that it’s blacklisted selected live-streaming hosts, without elaborating. NetEase Inc.’s CC Live and Baidu Inc.’s Quanmin were also among those named.Beijing is intensifying scrutiny over the country’s internet giants as they deepen forays into content and user contingents grow into the hundreds of millions. Livestreaming in particular has burgeoned in past years as platforms from Bilibili to DouYu become vibrant social media forums that penetrate well beyond cities and into the countryside, enabling an explosion of communications that’s proven increasingly difficult to monitor. That in turn has fostered a growing cohort of online influencers with followings in the millions.It’s unclear what the content suspensions encompass. Both Huya and DouYu, which divide content into channels like games or entertainment, posted in the main recommendation section of their apps that they have “suspended updates” since Tuesday, without elaborating. Representatives for Baidu, Bilibili, ByteDance, Huya, NetEase and DouYu didn’t immediately respond to requests for comment.Read more: The Billion-Dollar Race to Become China’s Amazon TwitchThe migration of viewership online during the pandemic has only accelerated the phenomenon. China’s top state broadcaster recently criticized Huya for hosting gaming ads in a channel offering free online courses for homebound students. In response, the company shut its learning page and offered refunds to minors who spent their parents’ money on games, the app said in a statement.In April, Chinese regulators suspended key channels in Baidu’s flagship mobile app, citing vulgar content. That two-week punishment could reduce revenue from its core search and feed business in the June quarter by close to 2%, according to an estimate by Jefferies analyst Thomas Chong.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 06/23/2020
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Buy Cheap Tech Stock DouYu for Live Streaming Video Gaming Boom?
- DouYu is a live streaming video game company based in China. DOYU stock has climbed 60% in the last month, yet its price tag remains 'cheap' and it's poised to grow within the quickly-expanding international video game market...
- 06/22/2020
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Earnings Estimates Rising for DouYu International Holdings Limited Sponsored ADR (DOYU): Will It Gain?
- DouYu International Holdings Limited Sponsored ADR (DOYU) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 06/22/2020
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Top Ranked Momentum Stocks to Buy for June 22nd
- Top Ranked Momentum Stocks to Buy for June 22nd
- 06/22/2020
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DouYu International Holdings Limited Sponsored ADR (DOYU) Moves to Strong Buy: Rationale Behind the Upgrade
- DouYu International Holdings Limited Sponsored ADR (DOYU) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 1 (Strong Buy).
- 06/17/2020
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The Zacks Analyst Blog Highlights: NTDOY, MSFT, DOYU and CCOEY
- The Zacks Analyst Blog Highlights: NTDOY, MSFT, DOYU and CCOEY
- 06/16/2020
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Will DouYu International Continue to Surge Higher?
- As of late, it has definitely been a great time to be an investor of DouYu International
- 06/15/2020
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Is it Time for Investors to Get Big on Video Game Stocks?
- Gaming industry records the third straight month of a strong year-over-year upside, driven by the COVID-19 pandemic. People confined to indoors find video games as their ideal quarantine pastime.
- 06/15/2020
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LivePerson, Children's Place, Limelight Networks, DouYu International and Mitek Systems highlighted as Zacks Bull and Bear of the Day
- LivePerson, Children's Place, Limelight Networks, DouYu International and Mitek Systems highlighted as Zacks Bull and Bear of the Day
- 06/12/2020
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3 Cheap Tech Stocks Under $10 to Buy for Growth Despite Renewed Volatility
- Today we dive into three "cheap" stocks trading under $10 a share that are part of the broader technology space because tech is poised to continue to drive the market for years to come...
- 06/11/2020
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The Zacks Analyst Blog Highlights: BJ's Wholesale Club, Perdoceo Education, DouYu International, Camping World and Peloton Interactive
- The Zacks Analyst Blog Highlights: BJ's Wholesale Club, Perdoceo Education, DouYu International, Camping World and Peloton Interactive
- 06/04/2020
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3 Cheap Stocks Under $10 to Buy Now for Coronavirus Reopening Rally
- Today we look at three "cheap" stocks trading under $10 a share that might be worth buying as the market continues to march higher on coronavirus reopening optimism and more...
- 06/03/2020
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3 Cheap Tech Stocks to Buy Now
- Investors might be reluctant to buy tech stocks in this volatile market, which faces fierce macro headwinds like COVID-19 and the trade war. The growing digital divide between the U.S. and China also makes it increasingly difficult to invest in companies that straddle both markets. Cisco is the world's largest manufacturer of networking routers and switches.
- 06/02/2020
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Is This Chinese E-Sports Stock Still Worth Buying?
- DouYu doesn’t get as much love as Huya -- but the stock could be undervalued relative to its growth.
- 06/01/2020
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3 Great Stocks Trading Under $10
- A company's stock price is one of the many factors that go into determining its value -- and a small price doesn't always mean a small company. Many investors love small stocks because they tend to have smaller market caps and more room to grow. The first pick is Celsius Holdings (NASDAQ: CELH), a rapidly growing fitness drink producer.
- 05/29/2020
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Why DouYu Stock Was Up Again on Thursday
- Shares of DouYu International Holdings (NASDAQ: DOYU) were surging on Thursday after the company got a notable analyst upgrade. DouYu stock is continuing a recent climb. An analyst with JPMorgan changed DouYu's neutral rating to overweight -- Wall Street jargon meaning the stock is undervalued.
- 05/28/2020
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Why DouYu International Holdings Limited’s (NASDAQ:DOYU) Use Of Investor Capital Doesn’t Look Great
- Today we are going to look at DouYu International Holdings Limited (NASDAQ:DOYU) to see whether it might be an...
- 05/28/2020
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DouYu International Holdings Ltd (DOYU) Q1 2020 Earnings Call Transcript
- Image source: The Motley Fool. DouYu International Holdings Ltd (NASDAQ: DOYU)Q1 2020 Earnings CallMay 26, 2020, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and good evening, ladies and gentlemen.
- 05/27/2020
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DouYu International Holdings Limited (DOYU) CEO Shaojie Chen on Q1 2020 Results - Earnings Call Transcript
- DouYu International Holdings Limited (NASDAQ:DOYU) Q1 2020 Results Earnings Conference Call May 26, 2020, 8:00 am ET Company Participants Mao Mao - Investor Rel
- 05/26/2020
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CLASS ACTION UPDATE for DOYU, GRPN and CTMX: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
- NEW YORK, / NY / ACCESSWIRE / May 26, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders ...
- 05/26/2020
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DOYU FINAL DEADLINE: Bronstein, Gewirtz & Grossman, LLC Reminds DouYu International Holdings Limited Shareholders with Losses Exceeding $500,000 of Class Action and Lead Plaintiff Deadline: May 26, 2020
- NEW YORK, NY / ACCESSWIRE / May 26, 2020 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against of DouYu International Holdings Limited ("DouYu" ...
- 05/26/2020
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Why DouYu Stock Popped This Morning
- The company, based in Wuhan, China, beat expectations for the first quarter, but there's a metric investors are overlooking.
- 05/26/2020
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The Zacks Analyst Blog Highlights: Nintendo, Activision Blizzard, Glu Mobile, Capcom and DouYu International
- The Zacks Analyst Blog Highlights: Nintendo, Activision Blizzard, Glu Mobile, Capcom and DouYu International
- 05/26/2020
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DOYU FINAL DEADLINE TODAY: ROSEN, A LEADING LAW FIRM, Reminds DouYu International Holdings Limited Investors of Important Deadline in Securities Class Action Commenced by the Firm; Encourages Investors with Losses in Excess of $1MM to Contact the Firm – DOYU
- NEW YORK, May 26, 2020 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of DouYu International Holdings Limited (NASDAQ: DOYU).
- 05/26/2020
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DouYu International Holdings Limited Reports First Quarter 2020 Unaudited Financial Results
- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced its unaudited financial results for the first quarter ended March 31, 2020.
- 05/26/2020
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The Gross Law Firm Announces Class Actions on Behalf of Shareholders of DOYU, HAFC and BIDU
- NEW YORK, NY / ACCESSWIRE / May 25, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Affected investors purchased DOYU stock in the initial public offering pursuant and/or traceable to the documents used by defendants to conduct that offering.
- 05/25/2020
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DOYU DEADLINE: Bronstein, Gewirtz & Grossman, LLC Reminds DouYu International Holdings Limited Shareholders with Losses Exceeding $500,000 of Class Action and Lead Plaintiff Deadline: May 26, 2020
- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against of DouYu International Holdings Limited ("DouYu" or "the Company") (DOYU) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired DouYu securities pursuant and/or traceable to DouYu’s July 16, 2019 Initial Public Offering ("IPO"). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1933. The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements that: (1) DouYu’s risks related to its top streamers had materialized, including that: (a) a top streamer was actively misrepresenting herself on DouYu’s platform; and (b) the costs associated with retaining top streamers was swelling; (2) DouYu did not ensure that all of its products were fully compliant with current regulatory requirements before those products became available on line; and (3) key interactive features of DouYu’s “lucky draw” were noncompliant with current regulatory requirements, requiring DouYu to remove them from operations, which negatively impacted user engagement activity and caused disappointing financial results.
- 05/25/2020
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CLASS ACTION UPDATE for DOYU, ANAB and CONN: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
- NEW YORK, NY / ACCESSWIRE / May 25, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested ...
- 05/25/2020
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The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against DouYu International Holdings Limited (DOYU)
- The Law Offices of Frank R. Cruz reminds investors of the upcoming May 26, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired DouYu International Holdings Limited ("DouYu " or "the Company") (NASDAQ: DOYU) American Depositary Shares ("ADSs" or "shares") pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with the Company’s July 16, 2019 initial public offering (the "IPO" or "Offering").
- 05/25/2020
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The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against DouYu International Holdings Limited (DOYU)
- The Law Offices of Frank R. Cruz reminds investors of the upcoming May 26, 2020 deadline to file a lead plaintiff motion in the class action filed on
- 05/25/2020
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DEADLINE ALERT for ANAB, DOYU, HAFC, and HFFG: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded
- 05/22/2020
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The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of DouYu International Holdings Limited Investors (DOYU)
- The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise ac
- 05/21/2020
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BARBUTO & JOHANSSON ("BARJO") LITIGATION UPDATE: The Law Firm Reminds Investors of Upcoming Class Action Deadlines in DOYU, IQ and BIDU
- WELLINGTON, May 19, 2020 (GLOBE NEWSWIRE via COMTEX) --
WELLINGTON, Fla., May 19, 2020 (GLOBE NEWSWIRE) -- Barbuto & Johansson, P.A. ("BARJO") informs...
- 05/19/2020
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DouYu International (NASDAQ:DOYU) and Pintec Technology (NASDAQ:PT) Head-To-Head Contrast
- DouYu International (NASDAQ:DOYU) and Pintec Technology (NASDAQ:PT) are both consumer discretionary companies, but which is the better business? We will compare the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, profitability, institutional ownership and valuation. Insider and Institutional Ownership 13.3% of DouYu International shares are owned by institutional investors. Comparatively, […]
- 04/26/2020
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Shopify, Ulta Beauty, Nintendo, SciPlay and DouYu International highlighted as Zacks Bull and Bear of the Day
- Shopify, Ulta Beauty, Nintendo, SciPlay and DouYu International highlighted as Zacks Bull and Bear of the Day
- 04/23/2020
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Shopify, Ulta Beauty, Nintendo, SciPlay and DouYu International highlighted as Zacks Bull and Bear of the Day
- Shopify, Ulta Beauty, Nintendo, SciPlay and DouYu International highlighted as Zacks Bull and Bear of the Day
- 04/23/2020
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Videogame Sales Hit 12-Year High: 4 Stocks to Buy
- Videogame sales are expected to witness growth in the near term with stay-at-home orders and lockdown likely to remain in place for some more time.
- 04/22/2020
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Sabre (NASDAQ:SABR) versus DouYu International (NASDAQ:DOYU) Financial Survey
- Sabre (NASDAQ:SABR) and DouYu International (NASDAQ:DOYU) are both computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their profitability, risk, institutional ownership, valuation, dividends, earnings and analyst recommendations. Analyst Recommendations This is a breakdown of current recommendations and price targets for Sabre and […]
- 04/22/2020
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Head to Head Contrast: DouYu International (NASDAQ:DOYU) versus Sabre (NASDAQ:SABR)
- DouYu International (NASDAQ:DOYU) and Sabre (NASDAQ:SABR) are both consumer discretionary companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, profitability, institutional ownership, valuation, dividends, risk and earnings. Valuation & Earnings This table compares DouYu International and Sabre’s revenue, earnings per share (EPS) and […]
- 04/16/2020
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5 Top Coronavirus Stocks Trading Under $10
- Most stocks are trading lower than they were a couple of months ago, but some now in single digits have the potential to thrive amid the pandemic.
- 04/14/2020
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Zacks Investment Research Lowers DouYu International (NASDAQ:DOYU) to Hold
- Zacks Investment Research downgraded shares of DouYu International (NASDAQ:DOYU) from a buy rating to a hold rating in a report published on Thursday morning, Zacks.com reports. According to Zacks, “DouYu International Holdings Limited provides a game-centric live streaming platform primarily in China. The company operates its platform on both PC and mobile apps. DouYu International […]
- 04/12/2020
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Is DouYu International Holdings Limited (DOYU) A Good Stock To Buy?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/07/2020
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Tencent To Become Huya's Controlling Shareholder
- Tencent has the right to purchase additional Huya shares to reach 50.1% voting power. This could be a short-term catalyst for Huya's stock price. YY will be for
- 04/02/2020
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Douyu: Improving Fundamentals
- Douyu reported 78% revenue growth in the Fourth Quarter. In addition, Douyu showed significant margin expansion Y/Y and Q/Q. I believe the company can double ma
- 03/30/2020
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These Hedge Funds Piled Into Spirit Airlines Incorporated (SAVE) At The Wrong Time
- Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to […]
- 03/29/2020
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Should You Buy Olin Corporation (OLN)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/29/2020
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American Assets Trust, Inc (AAT): Hedge Funds Are Snapping Up
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 03/29/2020
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6 Communication Services Stocks Moving In Wednesday's Pre-Market Session
- Gainers
• IZEA Worldwide, Inc. (NASDAQ:IZEA) shares rose 9.58% to $0.18 during Wednesday's pre-market session.
• DouYu International Hldgs, Inc. (NASDAQ:DOYU) shares...
- 03/25/2020
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This Chinese Tech Stock Could Be the Ultimate Coronavirus Play
- The “Twitch of China” is well insulated from the coronavirus crisis.
- 03/24/2020
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Will Esports and Video Gaming Benefit from Coronavirus Shutdown?
- Here is what investors need to know about the fast growing esports industry.
- 03/23/2020
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Tracking Chase Coleman's Tiger Global Portfolio - Q4 2019 Update
- Chase Coleman’s 13F portfolio value decreased from $18.88B to $18.12B this quarter. Tiger Global increased Uber Technologies & Elastic NV while decreasing Sales
- 03/08/2020
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DouYu International (NASDAQ:DOYU) and SVMK (NASDAQ:SVMK) Financial Contrast
- DouYu International (NASDAQ:DOYU) and SVMK (NASDAQ:SVMK) are both mid-cap consumer discretionary companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, dividends, profitability, earnings, analyst recommendations, risk and institutional ownership. Profitability This table compares DouYu International and SVMK’s net margins, return on equity and return […]
- 03/06/2020
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Financial Contrast: TrueCar (NASDAQ:TRUE) and DouYu International (NASDAQ:DOYU)
- TrueCar (NASDAQ:TRUE) and DouYu International (NASDAQ:DOYU) are both computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, analyst recommendations and dividends. Analyst Recommendations This is a breakdown of recent ratings and recommmendations for TrueCar and DouYu […]
- 03/03/2020
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Contrasting DouYu International (NASDAQ:DOYU) & Cardlytics (NASDAQ:CDLX)
- DouYu International (NASDAQ:DOYU) and Cardlytics (NASDAQ:CDLX) are both mid-cap consumer discretionary companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, earnings, dividends, profitability, risk, valuation and analyst recommendations. Analyst Recommendations This is a breakdown of current recommendations for DouYu International and Cardlytics, as […]
- 02/27/2020
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Esports Is Finding a Huge Audience. These Stocks Are the Best Plays.
- Tech companies including Amazon.com and Microsoft are competing for a bigger slice of the esports live-streaming business, which could present an opportunity for investors.
- 01/25/2020
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Financial Contrast: 58.com (NYSE:WUBA) & DouYu International (NYSE:DOYU)
- 58.com (NYSE:WUBA) and DouYu International (NASDAQ:DOYU) are both computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, valuation, analyst recommendations, earnings, risk and institutional ownership. Profitability This table compares 58.com and DouYu International’s net margins, return on equity and return […]
- 01/23/2020
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Esports Championships Could Drive these Three Stocks - Market Realist
- In the digital age, could virtual gameplay or esports engage more fanbase worldwide than some of the traditional sports? Probably in a couple more years.
- 12/11/2019
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Tencent-Backed Game-Streaming Platform DouYu To Raise $500M In US IPO
- Tencent-Backed Game-Streaming Platform DouYu To Raise $500M In US IPO – China Money Network - China Money Network
- 04/23/2019
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