How China’s Douyu is banking on top gamers to add new earning streams

Photo by JESHOOTS.COM on Unsplash

By Zheping Huang

August 12, 2019

Cameras flashed and fans screamed, as Liu Mou stepped into the spotlight on a sweltering summer evening. In the industrial heartland city of Wuhan, tens of thousands of spectators jam-packed the waterside strip that bore witness to Chairman Mao Zedong’s iconic swims across the Yangtze river half a century ago. In unison, the mob roared “hubby” — the moniker jokingly assigned to many male celebrities in China — and Liu, 28, waved back with a smirk. The crowd was mostly men.

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  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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