Big news! Big news! NetEase big news!
On November 7th, a major anti-corruption action took place within NetEase Games, with a marketing executive being investigated for an amount as high as 2 billion!
Our boss Ding Lei sounds quite impressive, but the company won't collapse; they have deep pockets.
Some say someone is backstabbing the boss.
Others speculate that it might be targeted by competitors.
But in matters of corruption, no one is clean; isn't money laundering just a way to legitimize embezzlement? I have to admit, that's a clever move.
Anti-corruption in the gaming industry is a regular occurrence.
Earlier this year, a former executive from Lilith was arrested for embezzlement, colluding with suppliers, with astonishing financial transactions.
Tencent publishes its anti-corruption report annually, with over 70 violations investigated in 2023, more than 120 people dismissed, and 20 suspected of crimes sent to the police.