Now playing: Chinese e-sports site Huya Broadcasting files for a $200 million US IPO
Huya Broadcasting, which eSports video platform being spun out of YY, filed on Monday with the SEC to raise up to $200 million in an initial public offering.
The Guangzhou, China-based company was founded in 2014 and booked $336 million in sales for the 12 months ended December 31, 2017. It plans to list on the NYSE under the symbol HUYA.
Huya Broadcasting filed confidentially on February 1, 2018. Credit Suisse, Goldman Sachs (Asia) and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.
The article Now playing: Chinese e-sports site Huya Broadcasting files for a $200 million US IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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