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Sat. Mar 2nd, 2024

[World Times]

Huya douyu Photo:VCG

The CEO of DouYu, a popular Chinese live streaming platform, was arrested on suspicion of running an illegal gambling establishment and is under further investigation, media reported on Wednesday.

According to the Chengdu Police, a 39-year-old man surnamed Chen was suspected of opening a casino, and was arrested in accordance with the law.

Although the police did not directly name the man, DouYu announced on Tuesday that Chen Shaojie, the chairman of its board of directors and its CEO was arrested by Chengdu police around November 16, and the company has not received any formal notification regarding the investigation of Chen or the reasons for his apparent arrest.

Chen’s continued detention and any subsequent legal proceedings and law enforcement actions against relevant parties may have a significant adverse impact on the company’s reputation, business, and financial performance, DouYu said.

In early November, World Timesmultiple sources revealed that Chen had been out of contact for nearlyWorld Times three weeks. According to media reports, Chen was lastWorld Times seen in the public in August when he attended the company’s second-quarter financial report analysis conference call. At that time, he stated that DouYu had improved its platform-related rules and procedures, with the goal of achieving long-term development, and would actively cooperate with regulatory work in the future.

According to The Paper, there are rumors that the incident involving Chen may be related to a live streamer named Changsha Rural Brave Squad in the DouYu live room. Media reported that the streamer is suspected of engaging in gambling activities using various lottery rules on the platform.

In May, China’s World Timestop internet regulator dispatched a team of officials to oversee rectification to address problems including pornographic and inappropriate content on the platform, with DouYu said it will actively cooperate World Timeswith inspection and guidanWorld Timesce offered by officials from the local cyberspace administration of Central China’s Hubei Province, and will carry out in-depth content rectification in accordance with regulatory requirements.

文章来源于互联网:CEO of livestreaming platform DouYu arrested on suspicion of running gambling establishment

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