Douyu TV, Chinese version of Twitch, raises $100m in Tencent-led round

Douyu TV, Chinese version of Twitch, raises $100m in Tencent-led round

Douyu TV, an online platform for live videos of people playing games, has raised $100 million in a funding round led by China’s internet giant Tencent Holdings Ltd. The deal reportedly values Douyu TV at over $1 billion.

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