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IPOs HUYA INC.  Reply with quote  

I want to hear your opinion.
Huya, a gaming and e-sports platform being spun out of China's YY (NASDAQ:YY), is targeting $165 million at a $2.4 billion valuation. The company benefits from its leading market share (87 million MAUs; $345 million in 2017 sales), fast growth (175% in 2017) and clear path to profitability. That said, it competes with Tencent (OTCPK:TCEHY)-backed Douyu and will rely on parent YY post-IPO for some core services. We note that the company is floating less than 8% of its market cap.

Post Sun May 06, 2018 7:07 pm
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Post Fri May 18, 2018 11:36 am
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