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Analysts at CBInsights value Douyu at .51 billion, while business information provider Crunchbase said the streaming company's total funding valued it at .1 billion.

Analysts said local investors are displaying growing enthusiasm for chip companies, as the importance of a globally competitive semiconductor industry is highlighted amid the US government's efforts to contain the rise of Chinese technology enterprises.

And the good news came about after securing funding following a Valentine's Day appeal last year to help Romeo find his Juliet.

And the GeekWire Summit is going virtual this year, with sessions from Oct. 13-29, and special guests, including Bill Gates. Most sessions will be on Tuesdays and Thursdays. Check out the event site to register and get a sneak peek at who will be appearing.

Analysts point to India's fear that opening its economy would undermine its already fragile domestic manufacturing base.