However, the fighting fish has not yet made a final decision on the place of listing. Morgan Stanley and JP Morgan will act as the lead betters IPO.
Founded in 2013, Betfair is one of the leading live streaming video game platforms in China. AI media advisory data show that in the third quarter of 2017, the Chinese game live platform, betta active users accounted for the highest proportion of registered users.
Over the past few years, the game live platform has achieved rapid development and has attracted investment in technology giants. Deloitte, a global accounting firm and consultancy firm Deloitte said in a report released in December that Betta is the fastest-growing technology company in the Asia Pacific region.
Deloitte said in its report that in the past three years, the revenue of fighting fish has surged 708 times. In March 2016, Betta raised $ 100 million,TencentLead investment, Sequoia capital participation vote. In August 2016, Dou fish raised another RMB 1.5 billion (about 307.7 million U.S. dollars), led by Tencent and Phoenix Capital.
According to Chinese media reports, in November 2017, Dou fish completed a round of financing, the amount has not been disclosed. This round of financing led by CMB International, betting on the valuation of more than 10 billion yuan.
Fighting fish has not yet comment. (Compile / flu rain)