DouYu

DouYu International Holdings Limited Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

Retrieved on: 
Tuesday, March 26, 2024
Research, LOL, Esports, Growth, Acquisition, Investment, Maus, Ecosystem, Share repurchase, Marketing, DouYu, Advertising, Total, Development, Video game

Total net revenues in the fourth quarter of 2023 were RMB1,296.0 million (US$182.5 million), compared with RMB1,681.1 million in the same period of 2022.

Key Points: 
  • Total net revenues in the fourth quarter of 2023 were RMB1,296.0 million (US$182.5 million), compared with RMB1,681.1 million in the same period of 2022.
  • Gross profit in the fourth quarter of 2023 was RMB126.2 million (US$17.8 million), compared with RMB186.1 million in the same period of 2022.
  • Adjusted net loss[1] in the fourth quarter of 2023 was RMB5.0 million (US$0.7 million), compared with RMB4.3 million in the same period of 2022.
  • In the fourth quarter of 2023, our mobile MAUs remained stable at 51.7 million compared with the previous quarter.

DouYu International Holdings Limited Announces Plan to Implement ADS Ratio Change

Retrieved on: 
Friday, March 15, 2024
Indian stock exchange, Sale, ADS, Book, DouYu, Security (finance)

WUHAN, China, March 15, 2024 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU) today announced it plans to change the ratio of its American depositary shares (the "ADSs") to ordinary shares of the Company with a par value of US$0.0001 per ordinary share (each, an "Ordinary Share," and collectively, the "Ordinary Shares") from ten (10) ADSs representing one (1) Ordinary Share to one (1) ADS representing one (1) Ordinary Share (such change, the "ADS Ratio Change").

Key Points: 
  • WUHAN, China, March 15, 2024 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU) today announced it plans to change the ratio of its American depositary shares (the "ADSs") to ordinary shares of the Company with a par value of US$0.0001 per ordinary share (each, an "Ordinary Share," and collectively, the "Ordinary Shares") from ten (10) ADSs representing one (1) Ordinary Share to one (1) ADS representing one (1) Ordinary Share (such change, the "ADS Ratio Change").
  • For DouYu's ADS holders, this ADS Ratio Change will have the same effect as a one-for-ten reverse ADS split.
  • No action is required by holders of uncertificated ADSs to effect the ADS Ratio Change, as the change will be effected on the books of the ADS depositary.
  • As a result of the ADS Ratio Change, the ADS price is expected to increase proportionally, although the Company can give no assurance that the ADS price after the ADS Ratio Change will be equal to or greater than ten times the ADS price before the change.

DouYu International Holdings Limited to Report Fourth Quarter and Full Year 2023 Financial Results on March 26, 2024

Retrieved on: 
Tuesday, March 12, 2024
Esports, DouYu

WUHAN, China, March 12, 2024 /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 2023 before the U.S. market opens on Tuesday, March 26, 2024.

Key Points: 
  • WUHAN, China, March 12, 2024 /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 2023 before the U.S. market opens on Tuesday, March 26, 2024.
  • The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/ .
  • DouYu's management will hold a conference call on Tuesday, March 26, 2024, at 7:00 a.m. Eastern Time or 7:00 p.m. Beijing Time to discuss the financial results.
  • Listeners may access the call by dialing the following numbers:

DouYu International Holdings Limited Reports Third Quarter 2023 Unaudited Financial Results

Retrieved on: 
Thursday, December 7, 2023
Acquisition, DouYu, Investment, Maus, Research, Marketing, Total, Growth, Esports, LPL, Video game, Reinsurance, Beauty salon, Cryptocurrency

WUHAN, China, Dec. 7, 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 its unaudited financial results for the third quarter ended September 30, 2023.

Key Points: 
  • WUHAN, China, Dec. 7, 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 its unaudited financial results for the third quarter ended September 30, 2023.
  • Total net revenues in the third quarter of 2023 were RMB1,359.2 million (US$186.3 million), compared with RMB1,798.3 million in the same period of 2022.
  • Gross profit in the third quarter of 2023 was RMB192.4 million (US$26.4 million), compared with RMB251.2 million in the same period of 2022.
  • Average mobile MAUs[2] in the third quarter of 2023 were 51.7 million, compared with 57.1 million in the same period of 2022.

DouYu International Holdings Limited to Report Third Quarter 2023 Financial Results on December 7, 2023

Retrieved on: 
Thursday, November 30, 2023
Esports, DouYu, Video game, Communications satellite

WUHAN, China, Nov. 30, 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 third quarter 2023 before the U.S. market opens on Thursday, December 7, 2023.

Key Points: 
  • WUHAN, China, Nov. 30, 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 third quarter 2023 before the U.S. market opens on Thursday, December 7, 2023.
  • The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/ .
  • DouYu's management will hold a conference call on Thursday, December 7, 2023, at 7:00 a.m. Eastern Time or 8:00 p.m. Beijing Time to discuss the financial results.
  • Listeners may access the call by dialing the following numbers:

DouYu International Holdings Limited Reports Second Quarter 2023 Unaudited Financial Results

Retrieved on: 
Monday, August 14, 2023
DouYu, Marketing, Esports, US, Acquisition, Investment, Maus, Growth, Ecosystem, Research, Health, LPL, ROI, Total, Video game, Reinsurance, Cryptocurrency, Pharmaceutical industry

Total net revenues in the second quarter of 2023 were RMB1,392.2 million (US$192.0 million), compared with RMB1,833.2 million in the same period of 2022.

Key Points: 
  • Total net revenues in the second quarter of 2023 were RMB1,392.2 million (US$192.0 million), compared with RMB1,833.2 million in the same period of 2022.
  • Gross profit in the second quarter of 2023 was RMB188.9 million (US$26.1 million), compared with RMB309.0 million in the same period of 2022.
  • Mr. Shaojie Chen, Chief Executive Officer of DouYu, commented, "In the second quarter of 2023, we continued to foster the sustainable health of our game-centric community ecosystem.
  • Mr. Hao Cao, Vice President of DouYu, commented, "In the second quarter of 2023, our financial performance remained steady.

DOYU LAWSUIT ALERT: Levi & Korsinsky Notifies DouYu International Holdings Limited Investors of a Class Action Lawsuit and Upcoming Deadline

Retrieved on: 
Tuesday, August 8, 2023
CASE, LLP, Telephone, COST, Government, Levi, The Company, Computer addiction, Risk, CLASS, NEXT, Court, DouYu

NEW YORK, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in DouYu International Holdings Limited ("DouYu" or the "Company") (NASDAQ: DOYU) of a class action securities lawsuit.

Key Points: 
  • NEW YORK, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in DouYu International Holdings Limited ("DouYu" or the "Company") (NASDAQ: DOYU) of a class action securities lawsuit.
  • CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of DouYu investors who were adversely affected by alleged securities fraud between April 30, 2021 and May 9, 2023.
  • Follow the link below to get more information and be contacted by a member of our team:
    DOYU investors may also contact Joseph E. Levi, Esq.
  • For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

DOYU DEADLINE TUESDAY: ROSEN, A TOP RANKED LAW FIRM, Encourages DouYu International Holdings Limited Investors with Losses in Excess of $100K to Secure Counsel Before Important August 8 Deadline in the Securities Class Action Commenced by the Firm – DOYU

Retrieved on: 
Tuesday, August 8, 2023
Titan, DouYu, Class, Government, Risk, Advertising, Court, I-Space (Chinese company), Insurance, Tobacco

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.

Key Points: 
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

DOYU ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of August 8, 2023 in the Class Action Filed on Behalf of DouYu International Holdings Limited Shareholders

Retrieved on: 
Monday, August 7, 2023
Government, Telephone, COST, CLASS, HOW, Risk, DouYu

NEW YORK, Aug. 07, 2023 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of DouYu International Holdings Limited (NASDAQ: DOYU) alleging that the Company violated federal securities laws.

Key Points: 
  • NEW YORK, Aug. 07, 2023 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of DouYu International Holdings Limited (NASDAQ: DOYU) alleging that the Company violated federal securities laws.
  • WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in DouYu you have until August 8, 2023 to petition the court for lead plaintiff status.
  • Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
  • HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the DOYU lawsuit, please contact J. Klein, Esq.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against DouYu International Holdings Limited (DOYU)

Retrieved on: 
Monday, August 7, 2023
Class Action Lawsuit, Professional Services, Legal, DouYu, Drainage, The Wall Street Journal, ADS, Law, Government, Suite, CAC, Hubei Provincial Museum, Risk, Court, Defendant, Cyberspace Administration of China, News, Safety, Cryptocurrency

The Law Offices of Frank R. Cruz reminds investors of the upcoming August 8, 2023 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 ) securities between April 30, 2021 and May 9, 2023, inclusive (the “Class Period”).

Key Points: 
  • The Law Offices of Frank R. Cruz reminds investors of the upcoming August 8, 2023 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 ) securities between April 30, 2021 and May 9, 2023, inclusive (the “Class Period”).
  • The CAC team is expected to conduct a one-month on-site inspection of the Company’s content platform, which DouYu will fully cooperate with.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.