After temporarily halting the IPO in May due to US-China tensions, Douyu has relaunched its efforts with a target of $944m in proceeds and moved its proposed listing from NYSE to Nasdaq.

Douyu, a China-based video game livestreaming platform operator backed by internet group Tencent, yesterday filed an updated prospectus to restart its initial public offering proceedings in the US. The company has set its price range at $11.50 to $14 per American Depositary Share (ADS). It plans to issue 44.9 million new ADSs, in addition to…

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