Chapter 685 Shen Qingning goes to the concert
The wind has been quite noisy lately.
Everyone in the capital market felt that they were about to witness the rise of a new Internet company!
The third round of financing for [Youqu] has begun.
After much consideration, Cheng Zhu finally chose to let Penguin participate in this round.
However, they did not choose Penguin to lead the investment.
He needs this support now.
Well, just now.
This round of financing was led by the fence-sitter RedMountain Capital.
Hongshan invested in Blockchain at a very early stage.
After Cheng Zhu launched Youqu, it, as an important investor of Youcha, also invested in Youqu.
Well, this is the norm in Hongshan - betting on both ends.
Moreover, the final result is basically a win-win situation for both ends.
As one of the top venture capital institutions in China, Hongshan is indeed a man of great vision.
However, in the round of financing before the New Year, Hongshan no longer made additional investments as it had in the past, but only maintained its original shareholding ratio.
Judging from the investment amount, it seems to be somewhat... restrained?
The reason is simple. There are too many top investors in Hongshan.
Their senses are extremely sharp, and the data and information they can collect are very complete.
Hongshan values the potential of Youqu!
A lot of data cannot be seen by others.
As the investors, of course they can.
When Hongshan compared the data of Youqu and Kuaishou, it became clear in his mind which platform has greater potential, higher user stickiness, and faster growth rate!
What's more, Penguin has joined in this round of financing.
The reason why Cheng Zhu let Hongshan Capital lead the investment was actually to let Hongshan make a choice.
"I don't blame you for being a fence-sitter."
"After all, you already invested a lot."
"In the past, Hongshan attached great importance to the block hand project."
"They are so in love with each other, they are inseparable, they always follow their lead, but I... I am the one who is interfering!"
"But, so what?"
Dog man: "The one who is not loved is the mistress!"
His attitude is simple.
Between Youqu and Kuaishu, Hongshan sister, you must make a choice!
Will you live with me or with him in the future?
A similar situation also unfolded between TikTok and Kuaishou in the previous life.
At that time, Kuaishou relied on Penguin, but Hongshan still chose Douyin.
After negotiation, Hongshan took the initiative to withdraw from the board of directors of Kuaishou.
Now that Blockhand has lost even the Penguin as his backer, the situation is naturally more clear!
The capital market expects the amount of financing for Youqu to be around US$1.5 billion.
But according to the final data released, it reached an extremely exaggerated 2 billion US dollars!
After this news came out, the entire capital market was in an uproar!
"Two billion? How did it jump to two billion all of a sudden?!"
"With so much money lying around in the account, it looks like the next year is going to be quite exciting!"
“When did the short video industry become so popular?”
"It's understandable, after all, they do a good job in commercialization."
Many investors are clear about this.
Although the live broadcasting is pretty good on the Block Hand side, but... :: .. Can't Youqu learn from you to do live broadcasting in the future?
sure!
But if you want to learn how to do GG from Youqu, can you beat Youqu which relies on [algorithms]?
GG’s automatic distribution mode is really awesome!
Your strengths can be copied by others.
You cannot possess other people's strengths.
This is fatal!
Will Cheng Zhu launch a live broadcast mode in the future?
Cheng Zhu: Isn’t this nonsense?
He made a fortune in his previous life by selling goods through live streaming, and he is sure to do it in this life as well.
This will also be conducive to the later launch of [Youqu Mall].
By then, his direct competitor will not be Kuaishou, but Alibaba!
After the company had 2 billion US dollars in its account, Cheng Zhu narrowed his eyes slightly.
“It’s time to start implementing our overseas strategy.
"Now, our competition with Blockhand has entered a white-hot stage. I think he will try to create some public opinion for me."
"We need to speed up!" he thought.
The development of the situation was just as Cheng Zhu had expected.
Youqu has now posed a threat to its competitors in the entire short video industry, and there will inevitably be people who want to take advantage of it. The rumors that Youqu plagiarized the foreign title [Musical.Iy] are spreading like wildfire.
A lot of comments began to emerge.
"From the interface and function point of view, the UI designs of the two are very similar.
“In fact, even the initial user positioning is the same.”
"Look at these comparison pictures of mine. I can only say that those who understand will understand."
In fact, Youqu, created by Cheng Zhu, is different from the original Douyin, and is more like a more mature Douyin.
The original TikTok was different in appearance and positioning from what everyone saw later.
Tik Tok at that stage was indeed similar to Musical.Iy.
Even the target group at the beginning were young girls in big cities.
Youqu and Musical.ly are just somewhat similar.
However, there is one very interesting point in domestic public opinion.
Once it is said that a domestic platform copies a foreign platform, a lot of people will jump out and criticize it without any discrimination.
They are the best at praising foreign countries and stepping on domestic ones.
"It's so funny. It's copied from abroad again."
"Chinese people can't make good things!"
"I used to think Youqu was quite interesting and innovative, but I didn't expect it was also plagiarized, haha."
"I copied something so weird, it's embarrassing!"
“Who understands Musical.Iy? I think Musical.ly is much better!”
"This is the nature of Chinese people!"
"Which successful company in China didn't copy foreign companies?"
Many know-it-alls started to criticize and even created confrontation.
Some people who are interested in backtesting will also come out at this time.
Many of the comments made Cheng Zhu laugh.
"No, you foreigners are bragging about what the hell. Musical.ly is made by Chinese people, right? It was developed in China, right?"
"You really make me laugh." Cheng Zhu looked at them with disdain, as if he was looking at a group of clowns.
"These people, if you shoot them ten times in the head, you probably won't hit their brains."
"What the hell is this going to shrink into?"
In the end, Youqu plagiarized Musical.ly and was included in the Weibo hot search list, ranking sixth on Weibo hot search list.
The war of public opinion has now begun!
But in fact, this will only ruin the reputation of Youqu.
It will not affect user usage.
After all, Youqu is unique on the entire Internet and there is no substitute.
Even so, a number of friendly competitors felt secretly happy.
"Even if I can't cause any real damage, I'll feel good if I can disgust him!"
As a result, just a few days later, a major news was revealed!
Youqu spent a full 800 million US dollars to acquire Musical.ly!
Musical.ly will be revamped and will be closer to the domestic Youqu, and then become the overseas version of Youqu!
As soon as the news came out, it immediately caused a sensation.
In fact, if you have used both apps, you will find that the difference is very big.
"Youqu is actually better than Musical.ly, and its functions are more complete."
"Why are you copying? Wait until Musical.Iy is updated and then you can check out the difference."
"You idiots are making me laugh to death, you're still saying that the Chinese copied foreigners, it's all done by the Chinese, okay?"
"Pfft, some people, once you see what they say, you can tell they have complicated intentions."
On the same day, Cheng Zhu accepted an interview.
In response to the reporter's questioning of plagiarism, Cheng Zhu gave a response.
“As for Youqu and Musical.ly, I can only say that our ideas are the same, so we were able to merge so smoothly.”
“But as for plagiarism, I totally disagree.
"There are similarities between the two, but that's only a small part of Yuzu Fun."
"If everyone insists on saying that we are plagiarizing Musical.ly...
Cheng Zhu paused for a moment, and then began to speak shockingly:
"You might as well wait and see whether Musical.ly will achieve better results overseas after it is completely [youquized] after its revision."
His subtext is very simple: what I do is better than it, and after it is revised, it will definitely take off overseas!
Facts speak louder than words.
Let's wait and see!
Yuqu is still very busy, but Yucha on the other side is not as busy as last year.
According to Cheng Zhu's instructions, Youcha will stop its expansion this year.
Today, the number of Youcha stores nationwide has exceeded 1,000, and each store is not small.
High-end milk tea is different from the franchised milk tea.
Those small milk tea shops may only have one or two rooms, and the stores are very small.
High-end internet celebrity milk tea is different. The stores are much larger and the decoration is more refined and upscale.
Cheng Zhu knew very well in his mind that this year, Youcha had to stop burning money and start making big bucks.
The spring of expensive fresh fruit tea is about to pass.
If we continue to spend money in the next two years, it will really not be cost-effective.
This made Shen Qingning, the second in command of Youcha, a little uncomfortable after the Chinese New Year.
Last year, Ningning met a hands-off boss like Dog Man, and she was very busy.
There is no more crazy expansion this year, and there are a lot fewer things to do.
She was a little uncomfortable with the sudden lack of free time.
The most interesting thing is that the people around her are busier than each other.
[Special] A new round of financing was carried out at the beginning of this year, and the blind box business began to grow bigger and bigger.
The trend of blind boxes has spread across the country.
More and more young people are starting to like drawing blind boxes.
Some popular products have even been sold at sky-high prices in the secondary market!
This has made Jiang Wanzhou and Lin Lu very busy recently.
As for Shen Minglang, he was still exiled by Cheng.
Although Youcha has stopped expanding now, in order to prepare for future consumption downgrades, Cheng Zhu is preparing to launch the "Bawang Cha Ji Model", so he is also looking for suitable suppliers and some automated machine manufacturers in the near future.
This made Ningning more and more bored recently, until she saw the news about Jay Chou's tour this year.
"Buy yourself a ticket and go to a concert." Shen Qingning thought.
She had figured it out before.
Going to a concert alone was a way to put an end to the unclear relationship I had before.
(ps: I will take a day off tomorrow to sort out my thoughts on this plot.
Due to some special reasons that are inconvenient to talk about, I have been "dancing with a lock on" recently. I have to think about how to dance beautifully with the lock on my body...
If this book can be successfully published, it will be a blessing for me...::.Hehe...:..)
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