Subsidiary of New Oriental saw stock price slide nearly 20% after livestream dispute

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East Buy, a subsidiary of private tutoring giant New Oriental that successfully transitioned to livestream-selling farm products, saw its market price slump nearly 20% after a dispute involving influential livestreamer Dong Yuhui intensified. East Buy’s official Douyin account said promotional content read by Dong in a recent livestream was a result of multi-party collaboration and[…[…
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作者 gocpmall