Previously, the well-known Douyu anchor "Xiao Tuan Tuan" who attracted public attention was confirmed to be arrested, and the news rushed to the first hot search on April 23, and a person familiar with the matter told reporters that "Xiao Tuan Tuan" was also suspected of large gambling and related to the case of Douyu CEO Chen Shaojie
As early as November last year, @Chengdu Dujiangyan Public Security issued a "Police Bulletin", and Chen Shaojie, founder and CEO of Douyu, was arrested by the Chengdu Dujiangyan Public Security Bureau on suspicion of opening a casino, previously reported↓↓
Sudden announcement: The post-80s CEO was arrested!
A number of head anchors stopped broadcasting, jumped ship, and the helmsman of the company was arrested in the case, which brought a lot of aftermath to Douyu, and the turmoil and loss of head anchors here are particularly significant
According to reports, in March this year, the well-known Douyu anchor "Xiao Tuantuan", who had been off the air for more than a month, was confirmed to be arrested. A person familiar with the matter told reporters that "Xiao Tuan Tuan" was also suspected of large-scale gambling and was related to Chen Shaojie's case.
On January 27, "Xiaotuantuan" posted a message in Douyuyu Bar announcing the suspension of broadcasting, and there has been no news since then, and her Weibo update will stay on December 2, 2023
It is understood that the commercial value of "Xiaotuantuan" is very high, with 26 million Douyu fans and 37 million Douyin fans
In May 2019, in the list of betta gift income rankings, "Xiaotuantuan" got a gift income of 5.39 million yuan, which was second only to the "first brother" Xu Xu baby on the list at that time, surpassing PDD.
With more than 10 million users, it is one of the most popular navigation voice packs.
On April 23, after learning that "Xiao Tuantuan" was arrested, many fans expressed surprise and poured into their live broadcast room that had long been stopped to leave messages. On the morning of April 23, the number of its Douyin fans dropped by nearly 500,000. Some netizens left a message saying: "I didn't expect you to really collapse the house." ”
Regarding the arrest of "Xiao Tuan Tuan", some lawyers believe that according to the available information, "Xiao Tuan Tuan" is related to the gambling case, and the crime may be gambling or opening a casino, and the sentence is between 3 and 5 years
After Chen Shaojie was arrested, a large number of Douyu's head anchors suspended the live broadcast, and then only some anchors announced the resumption of broadcasting. At that time, it was rumored in the industry that it was related to Chen Shaojie, and the reason was mostly involved in gambling and money laundering.
And Douyu "Hearthstone First Brother", the well-known anchor "Dog Thief" was also rumored to be involved in the case and arrested, and the live broadcast room has been suspended since November last year.
After Chen Shaoming's incident, the head anchors of Douyu are like "the tree is falling and scattered", Zhang Daxian, Xu Xu Baobao, etc. are now on Douyin, while PDD, Da Sima, etc. are still on the air.
The reporter learned from people familiar with the matter that Chen Shaojie has been released on bail pending trial, and some legal people have estimated that Chen Shaojie's specific sentence may be between 5 and 7 years according to the circumstances of his case.
According to public information, Chen Shaojie was born in Jinan in 1984. Since the fifth grade of elementary school, he has been obsessed with games, and when he arrived at university, he even spent all night in Internet cafes. When I was a freshman, I dropped out of school and became a "squatting at home".
Chen Shaojie's entrepreneurial experience is quite legendary. After the Spring Festival in 2006, 21-year-old Chen Shaojie came to Wuhan. With a 10-year track record as a veteran gamer, he quickly landed a job developing a platform for game battles.
In 2010, Chen Shaojie, who was only 26 years old, bought Station A, the "originator of the ACG website" in China. At station A, the "live broadcasting" channel of station A was established.
In 2014, he made the "Shengbo" channel independent from Station A and renamed it "Douyu TV".
In just a few years since then, Betta has grown by leaps and bounds, and has received investment from well-known capitals, including Sequoia China.
Headquartered in Wuhan, Douyu is a game-centric live streaming platform that allows users to enjoy interactive games and entertainment live streaming through platforms on PC and mobile apps.
In July 2019, Betta was listed on the NASDAQ, with a market capitalization of nearly $4 billion on the day. Chen Shaojie's personal wealth also skyrocketed. In October of that year, Chen Shaojie ranked 1507th in the "2019 Hurun Report" with a net worth of 2.5 billion yuan.
In 2020, Douyu and Huya (NYSE: HUYA), another game live streaming platform, had planned to merge, but on July 12, 2021, Douyu announced on its official website that it would terminate the merger agreement with Huya.
On November 21 last year, Douyu announced that the company's CEO Chen Shaojie was arrested by Chengdu police around November 16, 2023. Douyu said Chen's continued detention and any subsequent related legal proceedings and enforcement actions against the parties involved could have a material adverse impact on the company's reputation, business and results of operations.
After Chen Shaojie was arrested, Douyu set up an interim management committee, and said in the third quarter post-earnings call at that time that "at present, Douyu is operating normally, and the investigation has not had a significant impact on the company's operations." Since then, there has been no disclosure of Chen Shaojie's information about Douyu.
At present, Douyu's paying users are still losing, with 51.7 million MAUs (monthly active users) in the fourth quarter of 2023, a decrease of 5.7 million compared with the same period last year, and an average of 3.7 million paying users in the fourth quarter, a year-on-year decrease of 1.9 million.
In 2023, Douyu will usher in its first annual report in nearly three years, but its revenue will continue to decline.
- Douyu's revenue from 2020 to 2023 will be 9.6 billion yuan, 9.1 billion yuan, 7.1 billion yuan, and 5.53 billion yuan respectively, which is on a downward trajectory;
- In terms of net profit, Douyu lost money for two consecutive years in 2021 and 2022, and finally turned around in 2023, with a net profit of 154 million yuan.
Source: Science and Technology Innovation Board Daily, Upstream News, Finance Associated Press, Every Economic Network, Interface News, Daily Economic News
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