TenCent investment DOUYU to IPO

Alert for the China watchers…

Esports streamer Douyu, owned 40% by TenCent, is planning a US IPO.


An investment by TenCent is no guarantee of success, however TenCent also shares experience and expertise, including expertise gained from Huya, another TenCent esports investment.

Huya opened at 16 and in one month popped to 48, and now trades in the 20s. Here’s a SeekingAlpha review.


(I have never owned Huya; I am long TenCent)