A day in, lucky favour coffee and fight a fish to hand over book of raise capital by floating shares in the beauty at the same time, start the journey of IPO formally. This is two Chinese companies that are being paid close attention to by capital market. Former found two years, ascend onshore Nasidake finally; Another labyrinthian after 3 years, hurry off to button to reach place.
In April 22 evening, fight a fish to trade to American negotiable securities committee (SEC) refer IPO to apply for, preparation reachs place in button (NYSE) appear on the market, stock code is " DOYU " . Fight a fish the capital of this second IPO collect will be used at providing content of contest of more and excellent report, continue to enhance technology and ability of big data analysis, promote an user experience and operation efficiency, increase sale strength, in order to promote a brand consequence, enlarge user base.
This, fight a fish to predict highest financing dimensions is 500 million dollar, wait for information about its specific price interval, circulation, fight a fish to will be in compensatory file of future exposure, current not knowable.
Fight a fish eventually when the hour that appear on the market.
The month is vivid 136.4 million person, battalion closes to turn over times compared to the same periodAs the exposure of book of raise capital by floating shares, the " of " family property accumulated over a long time that fights a fish also is lifted subsequently. Book of raise capital by floating shares shows, 2018 year, business income of the implementation that fight a fish 3.654 billion yuan, grow 93.8% compared to the same period. And its are direct contest tastes tiger tooth to receive data to be 4.663 billion yuan in the battalion 2018, both differs 1.009 billion yuan.
Among them, direct seeding still is the main income source that fights a fish. The income that fights a fish to come from direct seeding business amounts to three billion one hundred and forty-seven million two hundred thousand yuan, than 2017 one billion five hundred and twenty-one million eight hundred thousand yuan grow 106.8% compared to the same period. Restrain growth about the battalion of 93.8% , fight a fish to express, active user reachs main benefit from benefit from pay those who expend an user to grow quickly continuously, and direct seeding is hit admire, advertisement, game is distributed etc change to increase what show channel ceaselessly.
In book of raise capital by floating shares, fight a fish to profess to be the China's biggest direct seeding platform that is a center with game. Day of vivid jerk, active from current user user all is cost mix constantly the head advocate sow an amount to look really such.
Up to in December 2018, fight fish and domestic TOP100 game advocate 50 in sowing signed contract of exclusive direct seeding, include 8 TOP10 advocate sow. 2018, 48 these heads that have background of professional report contest advocate sow attracted more than 120 million user to watch.
Besides, 2016 up to now, fought a fish to obtain 29 global the exclusive direct seeding that reachs issue of national report competition counterpoises, include " the hero is allied " " seek to live on absolutely " " DOTA2 " etc. Fought piscine direct seeding to arrange issue of 337 cable competition too 2018; Undertake issue of 85 cable competition, the most welcome " seek to live on absolutely " competition of gold large award is attracted exceed 18.7 million audience, support group of battle of contest of 26 top class report.
The direct seeding content that depends on high grade game, top class advocate sow reach sow electric competition issue alone, vivid jerk also is in the user that fights a fish to grow quickly continuously.
Up to 2018 the end of the year, active visit user is the total month that fights a fish 136.4 million person, prep above up to the 112.6 million person December 31, 2017. Among them, active visit user is the month of PC platform 97.8 million person, prep above up to the 85 million person December 31, 2017; Active visit user is the month of floating platform 38.6 million person, prep above up to the 27.6 million person December 31, 2017. 2019 first quarter, active user estimates the month that fight a fish (MAU) is amounted to 159 million, grow 25.7% compared to the same period.
Book of raise capital by floating shares expresses, these active users are using the first quarter that fights a fish first, every are mean monthly use 5.7 hours; To the 6th quarter criterion growth comes 15.9 hours. the four seasons was spent 2017 and the four seasons was spent 2018, active user cost more than 1.6 billion hours to mix 2.2 billion hours on platform, arose more than 2 billion chat with 2.1 billion barrage, every active user costs 40 minutes on average to mix 54 minutes everyday.
Although user vivid jerk ranks industry first place, but the number of user paying fee that fights a fish is not high. 2016, 2017 and 2018, the quarter that fight a fish pays charge door on average to be respectively 900 thousand, 2.4 million with 3.8 million, 2019 amount to first quarter 6 million, grow 66.7% compared to the same period. The look is closer the enrollment of 100 million people the user will tell, user paying fee is occupied than not tall.
Financial data shows, the integrated deficit that fights a fish is closing continuously narrow. Came 2016 2018, the net loss that fights a fish is respectively 783 million, 613 million mix 876 million yuan, 3 years of loss are total about 2.3 billion yuan. 2018 gross profit embellish 151 million yuan, wool profit margin from - 0.2% break up to coming 4.1% .
Current, amount of the financing that fight a fish already was as high as 7 billion yuan, appraise is worth 25 billion yuan, it is Hubei the company of native land Internet that saves first appraise value to defeat 20 billion yuan.
The Lu Yibo that appear on the market 3 foldRegard direct seeding of an old brand as platform, depend on advantage of game direct seeding, fight a fish all the way advance rapidly. 2016, fight a fish to have repeatedly appear on the market the hearsay is poured out of, be inspected for a time game direct seeding the first seeded player. Nevertheless, in May 2018, tiger tooth takes the lead in appearing on the market before fighting a fish, become the company that the industry lands capital market first times.
Hold water at a bottle of fish 2013, it is direct seeding of type of a barrage shares a website at first, predecessor gives birth to send out direct seeding for ACFUN, rose on January 1, 2014 formal more the name is the TV that fight a fish. Give priority to with game direct seeding, covered a variety of direct seeding content such as sports, put together art, recreation. Be in A was broken away from to stand to develop independently 2014.
Break away from a bottle of fish after A stands to be held in both hands all the time by capital heat. Since 2014, the altogether that fight a fish undertakes financing 6 times, total financing forehead achieved 7 billion yuan. In list of those representing capital, china of capital of Tecent, Chinese larch, south hill capital continuously chip in. Tecent around participated in financing 4 rounds in all, the closest financing is in March 2018, investment is 630 million dollar.
Although be favorred by capital, but the appear on the market way that fights a fish is however " 3 fold " . 2018, movements of capital of platform of head direct seeding is frequent, there is tiger tooth before, mirror a guest to land capital market, there are 6 Chinese prickly ash, rooms to announce to pull a hand to incorporate after, it is a flourishing it seems that. But the form that fights a fish appears however some desolate, appear on the market message frequency is passed, but if wish,fail from beginning to end " to disembark " .
Basis " new capital signs up for " report, ever the message says to fight a fish to already referred book of raise capital by floating shares formally in Hong Kong, but this message fights what the fish is versed in from the employee to deny by many. "Mirrorred a guest to be in in July 2018 harbor after appearing on the market, defeat hair, and harbor many medicinal powder door, the characteristic that suffers outback message effect extremely easily, fought a fish finally to abandon the idea that appears on the market in Hong Kong. " " new capital signs up for " the view of the employee before cite fights a fish.
Nevertheless, after 3 years bag bag turns, do not give an accident, fight a fish to will land capital market finally.
From shareholder structure before last, according to exposure of book of raise capital by floating shares, tecent is the largest stockholder of a bottle of fish, hold the share of 40.1% ; Chen Shaojie of the author that fight a fish, CEO opposes a scale for 14.3% ; Zhang Wenming of CEO of banquet of author of the combination that fight a fish, couplet is held for 3% ; Chinese larch capital is held for 9.8% ; Aodong Investments Limited is held for 8.9% ; Phoenix Fuju Limited is held for 6% ; Douyu Employees Limited is held for 7% .
In the board of directors that fight a fish, tecent invests a Yu Haiyang to hold the position of trustee, wang Xuehai of president of medicine of blessing of Cao Xi of Chinese larch copartner, person and eminent Er accuse an author Yan Zhijun is independent director.
In electric contest circle, mention game direct seeding, fight fish and tiger tooth the problem that who is bibcock is practitioner is very happy with it all the time argumentative topic.
The newest shift January carries the basis this year data table shows, fight a fish to have the tall permeability of 0.13% , than tiger tooth the permeability of 0.06% returns tower above 0.07 percent. And across, "Penguin " , " tentacle " inside permeability all is in 0.01% , 0.04% interval. But battalion accepts the level, tiger tooth criterion excel fights a fish, take the lead in entering profit pattern, be not standard of American general accounting with Non-GAAP() come plan, tiger tooth 2018 annual gain 461 million yuan. Come with GAAP plan, tiger tooth 2018 annual deficit 1.938 billion yuan.
But no matter this " fight closely " how, hold the Tecent of equity of these two companies just is backside is the biggest probably win the home. Besides hold outside equity of 40.1% bottles of fish, tecent or tiger tooth are important investor. Small gain of tiger tooth government announced on March 8, 2018, obtain Tecent strategy of 460 million dollar invests, and Tecent will be qualified become tiger tooth large stockholder. (civil / origin of Chen Zi sheep / the net in casting)
