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Stock impact report

Which Esports Stock to Buy: Huya or DouYu? [The Motley Fool]

DouYu International Holdings Limited (DOYU)  More Company Research Source: The Motley Fool
Last douyu international holdings limited earnings: 11/27 03:00 am Check Earnings Report
PDF China's gaming market could grow at a CAGR (compound annual growth rate) of % from 09 to 0, according to Research and Markets. The research firm notes that esports will be "one of the important drivers of growth" for the industry. Two companies dominate China's esports market: Huya NYSE:HUYA DouYu International NASDAQ:DOYU YY NASDAQ:YY went public its IPO Image source: Getty Images. Huya's stock currently trades more than 0% above its IPO price Meet the "Twitches of China" Huya and DouYu are both frequently compared to Amazon Tencent Huya mainly hosts live video game streams and other esports content. Its monthly active users (MAUs) grew 8% annually to . million last quarter. Within that total, its mobile MAUs grew 9% to .8 million, and its total paying users rose 9% to . million. Huya generated 9% of its revenue from sales of virtual gifts and items on its live streaming platform during the quarter. Viewers purchase these items for their favorite broadcasters, who receive a cut of th [Read more]
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