Executives of Matchmaking Giant Arrested in Embezzlement Probe

What’s new: Several executives of China’s leading online dating service provider Baihe Jiayuan Network Group Co. Ltd. were arrested for alleged embezzlement, controlling shareholder Fosun International Ltd. said Tuesday.

Fosun’s internal anti-graft department found evidence of criminal activity by the individuals during routine inspections and reported the matter to police, the conglomerate said in a statement, without elaboration.