Which Esports Stock to Buy: Huya or DouYu?
China's gaming market could grow at a CAGR (compound annual growth rate) of 14% from 2019 to 2024, according to Research and Markets. The research firm notes that esports will be "one of the important drivers of growth" for the industry.
Two companies dominate China's esports market: Huya (NYSE: HUYA) and DouYu International (NASDAQ: DOYU). Huya, a spin-off of the streaming video company YY (NASDAQ: YY), went public last May. DouYu followed suit with its IPO this April.
Image source: Getty Images.
Source Fool.com
