DouYu International forms committee to manage ops after CEO's arrest (updated)

DouYu International Holdings

27/11/2023 12:36

(Rewrites para 1, adds details of the committee and background
throughout)
       Nov 27 (Reuters) - Live streaming platform operator
DouYu International Holdings  DOYU.O  said on Monday it has
formed an interim management committee to manage its operations,
following the arrest of its chief executive. 
    The committee consists of Mingming Su, director and chief
strategy officer, Hao Cao, a director and vice president and
Simin Ren, a vice president, and will be managing operations
until further notice. 
    Last week, DouYu said its chief executive officer and
chairman Chen Shaojie was arrested on Nov. 16 in the
southwestern city of Chengdu. 
    Chengdu police put out a notice on Nov. 22 saying it had
arrested a 39-year-old man surnamed Chen on suspicion of opening
a casino. 
    Backed by Chinese tech giant Tencent  0700.HK , DouYu is the
leading video game streaming platform in China by number of
users.
    DouYu also appointed Simin Ren as its vice president last
week, it said.
    


 (Reporting by Echha Jain in Bengaluru; Editing by Krishna
Chandra Eluri)
 ((Echha.Jain@thomsonreuters.com;))