Game of Life: Signing Internet Celebrities from a Bar

Chapter 620 Market Value Continues to Decline!

Chen Yixiao's expression changed completely; he couldn't believe the sudden news.

After the scandal involving Kagami, he secretly put in a lot of effort, causing Kagami's popularity to plummet and even decline.

In this situation, with Tencent Video also surrounding and attacking Tiyin, he predicted that Tiyin would not be able to survive at all.

Moreover, at the beginning, Ti Yin really had no way to deal with Wei Shi and was defeated one after another.

His original plan was to hand over Tien to Vision, and then, after the company went public, turn around and deal with Vision.

In his eyes, ViVi posed no threat, after all, among so many short video platforms, only ViVi stood in opposition to them.

So, how did this situation come about?

The key is to do it quietly.

There has been no news about Tei-on.

Clearly, as a technician, and a stubborn one at that, his vision was limited after he became the leader of a company, and he lacked foresight in market operations.

He couldn't see or realize the limitations of Vision, and that being backed by Tencent meant it couldn't pose a threat to Diaoyin.

Similarly, those who were born into technical professions failed to recognize the importance of technology and functionality, and instead embarked on a path of capital speculation in operations.

"Mr. Chen, the situation seems to be getting worse," a senior executive instinctively reminded him.

Chen Yixiao naturally knew that the situation was about to get worse; the daily active users of the app were now a complete threat.

He quickly said, "Find online trolls and say that the daily active users of the character '鈄音' are fake."

"Mr. Chen, this probably won't be of much use," another executive said, frowning.

Chen Yixiao immediately said, "I know it won't do much good, but it can buy us some time to launch our live-streaming sales."

Upon hearing this, the company's executives immediately nodded.

This is all we can do now.

Moreover, as long as it leads in live-streaming e-commerce, it can still maintain its current market value.

The online community mobilized almost instantly, launching a massive online attack on news about Tone Nikkatsu.

However, under these circumstances, the next day still brought about a scene that Chen Yixiao did not want to see.

He rushed to the office early in the morning to check on the situation, but when he saw the latest market value report of Kuaishou, his face turned very ugly.

2.6 trillion.

After yesterday's news came out, the company's market value evaporated by 2000 billion yuan.

In other words, his online campaign did not have much effect.

Kuaishou's market value quickly became known to everyone.

No one expected that the once-popular Kuaishou would suddenly encounter such a situation.

"Mr. Chen, look online! Chen Jincheng posted another update on his WeChat Moments!" The assistant suddenly rushed in to remind him.

Upon hearing this, Chen Yixiao immediately took out his phone and went online to check. He soon saw the post Chen Jinchen had made on WeChat Moments.

The simple statement, "This is just the beginning!" comes at this time, and considering Chen Jincheng's earlier talk about making chopsticks, it's hard not to make some connections.

So, was the news outlet "Tiyin News" orchestrated by Chen Jincheng?

Moreover, many people have this idea, and some have even made an analysis: "I suddenly realized that after the news about the 'Tiyin' came out, the situation of Kuaishou became a bit bad, while Chen Jincheng perfectly cashed out and left. If Kuaishou's market value falls below 2 trillion, then the capital that bought Chen Jincheng's Kuaishou shares will all be lost."

"Given the current trend and the daily active users of Douyin, it seems very likely that Kuaishou will go public now. Therefore, Chen Jincheng has been saying that Kuaishou is not suitable for listing now and has repeatedly emphasized that its core user base is not stable. Now it seems that this is not just talk."

"Or perhaps he had already seen the threat posed by Xiyin, so his repeated reminders seemed to have been ignored by Mr. Chen of Kuaishou."

"Even worse, that Mr. Chen, with his good intentions, turned a blind eye and contacted those capitalists to kick Chen Jincheng out of the company. And Chen Jincheng just went along with it. It's ridiculous that Mr. Chen even boasted that Chen Jincheng's position as the richest man was because of him."

"He seems to have completely forgotten that it was he who repeatedly poached Chen Jincheng and used various conditions to get Chen Jincheng to leave Chopsticks, which dealt a heavy blow to Ti Yin."

This post quickly became a trending topic, and many people agreed with it.

There's no other way; given yesterday's situation, this explanation is perfectly reasonable.

Upon seeing the post, Chen Yixiao's face immediately turned furious: "Nonsense! Who is Chen Jincheng? I'm the one who led Kuaishou to its IPO and achieved the current market value. I'm the one who's right."

Just then, a senior executive from the operations department walked in with a grim expression: "President Chen, take a look at the announcement from Tiyin. They have launched a live-streaming e-commerce function, and it's fully online."

"What? How could they be faster than us?" Chen Yixiao's expression changed drastically upon hearing this.

It's worth noting that when Chen Jincheng was live-streaming sales from Mount Everest, he had already instructed his team to develop this feature and recruited many more people for this department.

Because they are about to launch a plan to challenge Tencent's position, live-streaming e-commerce is a very important part of it. He even asked the technology department, and they said that Kuaishou's live-streaming e-commerce will take another 3 months to be fully launched.

Now, the new character, Tiyin, has already been released much earlier than the previous one. This news is absolutely devastating.

After all, they want to expedite the launch of live-streaming e-commerce to make up for the situation that has arisen.

"Damn it, get the technical department to speed things up, or they're all fired!" Chen Yixiao shouted with a gloomy face.

He seemed to be able to foresee that Kuaishou's market value might decline again tomorrow.

Chen Jincheng naturally saw the news as well and couldn't help but laugh out loud: "That President Chen must be looking really bad right now, right?"

Several girls massaged his shoulders and thighs, and seeing that he was in such a good mood, they couldn't help but ask him questions.

Chen Jincheng laughed: "Chopsticks will be finished soon. My plan is going very smoothly, so I'm naturally happy."

The next day, Chen Jincheng checked the latest market value of Kuaishou as soon as he got up and saw the latest market value of Kuaishou.

2.4 trillion.

Another 2000 billion has evaporated.

Clearly, many people have seen Chen Jincheng's live-streaming sales on Mount Everest and know that live-streaming sales will definitely replace video sales as the mainstream.

Now that Duyin has launched its live-streaming e-commerce feature, it shows that Kuaishou will never be as proactive as Duyin.

Moreover, the fact that Duyin launched this feature first indicates that Kuaishou has significant problems and is already lagging behind Duyin's feature version.

Upon seeing this market value, Chen Jincheng suddenly had an idea that would definitely make Kuaishou and that CEO Chen very uncomfortable. (End of Chapter)