The prospects of the initial public offering of Chinese online video streaming portal Douyu are increasingly uncertain, as the company is suffering greater regulatory and public opinion pressure. In July, the Tencent-backed portal was rumored to be seeking to raise US$700 million in a U.S. IPO. But the firm has been subject to constant regulatory […]

Dark Clouds Over IPO Of Tencent-Backed Douyu As Regulation Heightens appeared first on China Money Network.