Nazara has operations across diverse segments including interactive gaming, gamified early learning, e-sports, and telco-based subscriptions, with footprints in 62 countries.
If completed, a merger between Douyu and Huya would result in a gaming entertainment giant with more than 300 million users and a combined market value of USD 10 billion.
Nazara will not raise fresh cash through the IPO, but the listing will raise the company’s profile globally and bring more investment opportunities in the future.