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What happend to Li ZiQi? Conflict with her venture capitalist?

What happend to the famous Chinese rural content creator Li ZiQi?
I heard she was having conflicts of interest with her venture capital investors.

Chao Ma

China


1 Response


Wilson Twoon

Content Coordinator at Beamstart

Hi there, I've been surfing around different news publications and sadly only Vice has covered it. So the validity of the news source has to be taken with a grain of salt.

According to the article, she has posted a video of her being in a police station which she said she has filed a police report on August 30th. Since then, she has not been posting content for the past 2 months, leading to many rumors and speculation that there may be legal disputes behind her content. 

Li ZiQi's team did not provide an update until August 26 that Li ZiQi's assistant has posted on Weibo, China's social media app, addressing sudden pause of content. 

Li ZiQi's assistant said that Li did not act on certain real-world problems as she was pursuing her content career, also stating that the vlogger is taking time off to solve the issues. 

Li ZiQi also replied to a comment under the August 30th video, saying that she has inquired lawyers about keeping some sort of record and saying that capital has its good tricks. The comment was later removed. 

Li ZiQi's assistant has updated yet again on Weibo, saying that Li is facing an issue involving her company and a third-party company without specific details. 

This update by Li's assistant caught the eyes of financial bloggers speculating the possibility of a business dispute. To break it down, a firm called Sichuan Ziqi Culture Communication contains a 51% stake of Hangzhou Weinian, an influencer management company assisting Li ZiQi and also a 49% of Li's stake as well, according to tianyancha. 

Further updates regarding the issue has not been discussed further. However, from the updates she made on Oasis which is another social media platform, she is seen picking fresh vegetables and recording songs at a music studio. 

This is all the information that I can provide. The information and sources is limited and it would require further reading into it. Hope this helps. 



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