Reports: China tech mogul not seen for weeks after probe

BEIJING: The boss of a leading Chinese live-streaming platform has not been seen in public for weeks, state-run media outlets reported, after an investigation into illegal content on his site. DouYu founder and CEO Chen Shaojie has not been seen since October and industry insiders believe it is related to suspected gambling during a livestream on the platform, the Paper, a government-run outlet based in Shanghai, reported Monday.

DouYu is backed by Chinese tech giant Tencent and is US-listed with a market capitalisation of $268 million. A representative did not provide details about Chen’s whereabouts. The Chengdu-based Cover News also reported that Chen’s colleagues were not aware of his whereabouts. Authorities conducted a sweeping investigation into DouYu in May over concerns about pornography and other “vulgar” content.