According to Tianyancha's APP, the equity stake in Sichuan Ziqi Culture Communication Co., Ltd. held by Weinian Brand Management Co., Ltd. worth 510,000 yuan ($79,748) was frozen as of November 2, 2021.
Due to a dispute between prominent web influencer Li Ziqi and her partner company, Weinian Brand Management Co., Ltd., ByteDance withdrew its stake in the company on October 16.
Famed Chinese YouTube influencer Li Jiajia, known online as Li Ziqi, has officially moved to sue her Multi-Channel Networks (MCN) partner company on Monday after she stopped updating videos three months ago.
Chinese tech giant ByteDance took up a 1.48% stakein Weinian Brand Management Co, Ltd, the agency responsible for one of the most popular influencers in Chinaw, Li Ziqi.
This is Li Ziqi, a Chinese vlogger who recently broke Guinness World Record for “most subscribers for a Chinese language channel on YouTube” with 14.1 million subscribers.
Li Jiaqi and Li Ziqi became Internet celebrities through different paths, but both of them are examples of a new era in the Chinese wanghong (Internet celebrity) economy.
When it comes to the most refreshing Chinese Youtube influencer of 2019, most people think of Li Ziqi, a Chinese vlogger whose videos focus on the beautiful scenery and the rural life in the Chinese countryside.