News

Douyu CEO Arrested for Alleged Crime of Operating a Gambling House

Nov 22, 2023, 13:22pm2023/11/22 13:22:47 Pandaily

Chengdu Public Security Bureau released an announcement on November 22, stating that Chen (male, 39 years old) is suspected of running a gambling establishment. Currently, Chen has been arrested in accordance with the law. The case is under further investigation.

Previously on November 21, Douyu<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> announced that its CEO and Chairman of the Board of Directors, Chen Shaojie, was arrested by Chengdu police around November 16th, 2023. The continued detention of Chen Shaojie and any subsequent legal proceedings and enforcement actions against related parties may have significant adverse effects on the company’s reputation, business operations, and financial performance.

China Celebrates Completion of BeiDou 3 Navigation System

Chinese President Xi Jinping attended the completion and commissioning ceremony for the BeiDou Navigation Satellite System (BDS-3) on July 31 at the Great Hall of the People in China’s capital Beijing, according to Xinhua News.

Tesla Responds to Vehicle Accident in Sichuan, Two Deaths, Six Injuries

On Sept. 5, a Tesla vehicle suddenly accelerated when passing a local street on Shuangfu Street in Nanchong, Sichuan, hitting several pedestrians, causing two deaths, six injuries, and multiple vehicle collisions.

China Awards Four Covid-19 Fighters and Confers Dr. Zhong Nanshan the Medal of the Republic

China held a ceremony on Sept. 7 to honor role models in the country's fight against the COVID-19 pandemic at the Great Hall of the People in Beijing.

Online and Offline Realms Have Fused: Chen Lei, Chairman of E-commerce Leader Pinduoduo

Chen Lei, one of the founding members and the newly appointed chairman of Pinduoduo, says that the firm’s recent success reaffirms their belief that the mobile internet has accelerated the merging of online and offline spaces.

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