DOYU: Unsettled Merger Slowed Down DOYU’s Growth In 4Q20
DOYU will report 4Q20 results on March 23rd before the markets open with an 8am EST conference call. Based on our data and model, we believe Douyu’s revenue is likely to experience weaker growth compared with previous quarters as the company needs to refocus on new strategy and prepare for the upcoming merger. We expect the merger with Huya (HUYA, $25.55, Not Rated) to go through sometime in 2Q21.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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