Magic City
A night of bright lights and colorful magic.
The title of the city that never sleeps may date back to before the Republic of China.
Chu Qiuyan, wearing a simple business suit, boarded the Bund cruise with her college bestie.
Zhao Feifei, Han Jia and Xu Qin.
The four earliest bosses of Bobo Milk Tea were a group of four college students who lived in the same dormitory.
Just one or two years later, the trajectory of life has changed dramatically.
Zhao Feifei got some shares and became financially independent.
Not to mention Chu Qiuyan, she is the absolute idol of ordinary college students.
A goddess-level figure.
As for Han Jia and Xu Qin, they both took several million and left.
I thought I had gotten a great deal, but then I realized I hadn't seized a bigger opportunity.
Although the four of them were on the same cruise ship, Chu Qiuyan was clearly the focus of their attention.
"Qiuyan, the boss is so nice to you that he even put you in charge of recruiting new members in the Magic City this June."
"Yes, Uncle Chen's thoughts are not something we can guess."
Chu Qiuyan said with emotion, "The group was mired in a quagmire for two months because of me. Now that we've finally emerged from the smog, the principles remain unchanged. Perhaps it's not me who's at fault, but this era."
No one understood Chu Qiuyan's hardship over the past two months better than Zhao Feifei. She said, "You absolutely shouldn't have said that in Beijing. The Magic City is much better. Although the air smells of money, at least there's more freedom."
"Although this city is bustling with prosperity, Uncle Chen always manages to stand firm and not be outdone."
"We live in the best of times, but perhaps also the worst of times. Who can say for sure?"
After Chu Qiuyan sighed again, several college students nearby recognized her and came over to ask for a photo.
My joy was beyond words, as I was able to meet this entrepreneurial goddess from college right here on the Bund.
Who wouldn’t be excited?
Chu Qiuyan smiled at them as gently as before.
All the way down, all that was left was taking pictures.
…
The next day was also the end of May.
Chen Pingsheng had nothing to do, so he drove his Grand Phantom to Xinteng Live, where Chang Fu was.
It has been almost a month since his wife Yang Qian gave birth, and Chang's father and mother are now at home taking care of their daughter-in-law and grandson.
Chang Fu himself also gets off work on time every day to go home to take care of his children. He became a father when he was almost 35 years old.
So, you have to balance your family and career.
Xinteng Live not only has its headquarters in Shanghai, but also has internet celebrity live broadcast centers in Beijing, Guangzhou, Shacheng and other places.
There are more than a thousand female anchors under the Xinteng Guild.
There are more than ten big anchors with over 10 million fans.
Three of them were eliminated from the trainee competition.
Chen Pingsheng watched Xin Teng's live broadcast, which was progressing rapidly, and always felt that live streaming sales had just begun.
There is bound to be a bigger boom in short videos.
Xinteng Live is growing so fast that even Chen Pingsheng, who has been developing traditional industries at a rapid pace, finds it a little unbelievable.
If the short video live streaming industry continues to develop in this way, who knows what the future will be like!
The big boss is here, and the internet celebrities in Xinteng’s live broadcast are so excited.
Mingming, the bridge girl who became famous for her looks and sexy dancing, came to serve him tea and water.
Chang Fu asked them to sit aside, as he and his brother obviously had more topics to talk about.
"Old Chen, I seriously doubt that spending over 10 billion yuan on new energy is a thankless task. Look at how popular the live streaming industry is."
It's not surprising that Chang Fu thinks this way. After all, in terms of making money alone, apart from Shuiyunjian and Tengying Entertainment, no other group can compare with his.
The key is that Xinteng Live Streaming requires little investment and has high efficiency.
How much money was spent in total? Tong Zelan got 900 million for buying 30% of the shares here.
In less than two months after its establishment, it made a profit of 700 million.
There is indeed no one who can compare to him.
Chen Pingsheng smiled and said, "I find you're a bit arrogant. Don't forget your last name just because you made a little money."
If someone else said this to Chang Fu, he would definitely chase them away.
Chen Pingsheng said this, he definitely wouldn't do that.
The main reason is this guy, Old Chen. The richer he gets, the more low-key he becomes.
If he wanted to stand out, it would be easy for him.
"Of course there's a little bit of expansion."
Chang Fu made him some tea. "You don't know this industry is completely dominated by young people. If I had to choose the fastest way to get rich in China right now, I would definitely say short videos. Look at those young people online. After a song or a dance suddenly became popular, they can make tens of millions or even hundreds of millions in a single night by just live streaming. We never dared to think of that before."
"I really don't dare to think about it."
Chen Pingsheng said, "I came here this time to tell you something. Someone I met last year is also developing a short video platform. He's making rapid progress in the news and information distribution fields. His platform is still in the public beta stage and is expected to officially begin market promotion in September of this year."
"Who is this person that you take so seriously that you even come here to remind me?"
Chang Fu asked him curiously.
Chen Pingsheng said, "Zhang Yiming, when he was seeking financing, he quoted $7 billion for his own company and projects. He's quite impressive. I've heard that around September, he will officially launch his own short video app, which is currently known as Douyin."
"Zhang Yiming?"
Chang Fu thought about it for a long time, but couldn't remember where he had heard this name.
Since it was Lao Chen who came to remind him personally, he must pay attention.
"Old Chen, what do you want me to do?"
"Of course we should allocate a group of people in advance to make preparations."
Chen Pingsheng said, "Do you remember when I first invested in your Xinteng Live? Actually, at that time, I didn't think it had much future, but the facts proved me wrong."
"Some things are like that. When you don't quite understand something, invest some resources in it and try to figure it out. What if it turns out to be a pleasant surprise?"
"The same goes for Douyin, which hasn't been officially announced yet. Its biggest competitor will definitely be the Kuaishou Group you're currently working for."
"Although Xinteng Live has grown alongside the Kuaishou platform, have you ever considered that after the launch of Douyin, the two companies would inevitably clash."
"Although the current Kuaishou platform is far from what Zhang Yiming can aspire to in terms of user registrations and scale, what if he wins?"
Chang Fu grinned and sneered, "Old Chen, you want me to be a scumbag and play two-timing."
"If the big platforms want to fight, that's their business. If we want to avoid being eliminated by the market, we must make multiple preparations."
Chen Pingsheng said, "When Douyin first came out, its user base certainly couldn't compare to what you have now with Kuaishou. You shouldn't use the Xinteng Live name to grab territory there. If Kuaishou notices that you, the largest live streaming group on the platform, have secretly gone to another platform to develop, it will definitely affect your traffic here."
"So, I'm still planning to set up a new company to focus on the development of live streaming on Douyin. You can still take the 20% stake, but you don't have to invest in your own name. I will register a shell company with you in Hong Kong, and we will use this company to develop Douyin in the future."
"Again, regardless of whether there's any fruit or not, let's first set up a small company, throw some resources in and give it a try."
Chen Pingsheng is still cautious in his work.
He owns Tencent Entertainment, which controls a small portion of the resources in the entertainment industry.
If such a platform is to emerge, he will use the resources of Tencent Entertainment to push it forward.
Who will be his opponent!
To put it bluntly, he himself is now a big capitalist.
He wants to use your platform to make some money, and will definitely provide you with traffic resources in the early stages.
Together we all win.
If he didn't get up, he would just lose a little money.
This is nothing compared to the benefits.
Once short videos really take off, Big Penguin will definitely get involved.
If this Internet giant comes over, he can just do the same.
The reason for separating from Xinteng Live is mainly because the big platforms are fighting each other, and he will not allow anyone to have a taste of both sides.
They will definitely be forced to sign a two-choice policy.
Isn't this what the big penguin always does when he fights with Ali?
Only by making plans early can you reap the benefits of traffic as soon as possible.
The main reason why Chen Pingsheng planned ahead was that he wanted to make money by selling goods through live streaming.
The key is that it understands the user's time.
This is very important.
Whoever can control the user's time on the mobile phone is equivalent to controlling the traffic.
It goes without saying how important traffic is.
Once he has occupied the traffic in the short video field, it will be easy for him to promote a brand in the future.
All I can say is that his calculations are very sound.
Before taking off, he must make comprehensive arrangements.
Only by winning at the beginning can you sit firmly on the Diaoyutai.
(End of this chapter)
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