Chen Shaojie, CEO of Douyu Company, was arrested by the Chengdu police around November 16, 2023 for unknown reasons.
Earlier, Douyu had been exposed to gambling in the live broadcast room, of which the live broadcast room rules of the live broadcast room of Jiujiu Outdoor and the Changsha Rural Dead Team used the platform for gambling.
Chen Shaojie is the founder of Douyu Live Platform. His personal wealth mainly comes from the success of Douyu, but in recent years, Douyu faces the dilemma of declining performance and competition in short video platforms.
The company has not received any formal notice on the cause of Chen Shaojie's investigation or arrest.
Chen Shaojie's continuous detention and subsequent relevant legal litigation and law enforcement operations may have a significant adverse effect on the company's reputation, business and business performance.
As of press time, the decline in the Douyu market has fallen by more than 10%.
(First Financial Daily) (IT Jiuxi) (Qingchen Video)