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Recent Updates — DOYU

August 20, 2026View Source ↗

DouYu International Holdings Limited reported unaudited financial results for the second quarter ended June 30, 2026. Total net revenues decreased 6.9% year-over-year to RMB981.1 million (US$144.6 million), driven by a 13.0% decline in livestreaming revenues to RMB503.0 million amid weaker consumer spending and fewer paying users. Gross profit rose 12.0% to RMB159.0 million, with gross margin expanding to 16.2%. The company reported an operating loss of RMB21.3 million and a net loss of RMB72.4 million (US$10.7 million), compared to net income of RMB37.8 million in the prior year period. Adjusted net loss was RMB13.5 million, versus adjusted net income of RMB25.3 million previously. DouYu operates as a leading game-centric live streaming platform and eSports value chain participant in China.

August 7, 2026View Source ↗

DouYu International Holdings Limited announced changes in management effective August 6 and 7, 2026. Mr. Shaojie Chen resigned as Chief Executive Officer and director for personal reasons without dispute. Ms. Simin Ren was appointed sole CEO, Chairperson of the Board, and Chairperson of the Compensation and Nominating Committees. Mr. Jie Gao was appointed Vice President of Investment and a board director. The company stated that operations remain normal and expects no material adverse effect from these changes. DouYu International Holdings Limited operates as a leading game-centric live streaming platform in China.