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Current Share Price: 1.000
Grizzly Research LLC
Initial Report Date(2021/01/14)Share Price:12.410
Initial Report Date(2021/01/14)Share Price:12.410
DOYU – Massive Risk with Suspected Online Gambling Business and Industry-Wide Reform
Details Link > • We believe DOYU has been involved with illegal
online gambling on their platform. Our research indicates
that not only is DOYU hosting these illegal activities, but
they are actively encouraging their users to gamble on
their platform to boost revenue
• Recent policy announcements indicate a more
stringent regulatory environment that is cracking down
on online gambling, order brushing and faking operat-ing
numbers. We believe the full scale of the policy reform
will be massive
• MOMO, another online streaming platform based
in China, recently presented terrible financial
performance in light of “structural reform”. We believe
this is an indicator of what is to come to DOYU
By wantattse
Start