Tang Qi also specially arranged for the most beautiful female employee in the company to give Chen Dongcheng flowers in her hand.

Just this wave of welcome ceremonies, even the most stern boss will show a satisfied smile.

"I can see that everyone is looking forward to it, and I will say a few words. ”

Chen Dongcheng casually handed over the flowers to Xie Jingyu on the side, and stood in front of hundreds of people, calmly.

"Although Shangdong Technology is in the Internet fitness track, it has completely secured the position of the leading leader. ”

"But Shangdong Technology has one of the biggest problems, that is, the lack of profit channels. ”

Tang Qi and other executives suddenly darkened their eyes.

If the Internet fitness track was big enough, the valuation of Shangdong Technology would have risen long ago.

Even if it is a merger of super orangutans and opening up the online and offline cycle, it still cannot give investors enough confidence.

"After being merged into Cao Cao Entertainment, your situation is very different.

First of all, Cao Cao Entertainment doesn't need you to blindly increase profits, you just need to work hard to expand new users, cooperate with the group's decision-making, and hold high the banner of traffic. ”

Chen Dongcheng paused and said with a smile: "At present, Keep's monthly active users are about 14 million, and the registered users are more than 140 million.

I hope that by June next year, Keep's monthly active users will exceed 25 million, and the number of registered users will reach 250 million. ”

"Don't think that this goal is difficult, first of all, channels such as Douyin and Xiaolanshu will guide you to traffic. ”

"In addition, Cao Cao Entertainment will allocate a certain amount of funds to you as the budget for the event. ”

"If you give you resources and money, you won't be able to achieve the goals I have set. ”

"It's time for me to think about how much I'm going to invest in Keep in the future. ”

As the boss, Chen Dongcheng has been tolerant enough.

The earliest batch of employees couldn't help but look at Chen Dongcheng with admiration.

They have witnessed how Chen Dongcheng went from founding an insignificant small company to now controlling an Internet giant, making countless Internet people dream of joining a big factory!

"Please rest assured that if I can't achieve my goal, I am willing to be demoted. ”

Tang Qi was the first to express his position, and others echoed him: "Please rest assured that Chairman Chen, we promise to complete the task." ”

"Hmm. ”

Chen Dongcheng nodded with a smile, walked into the company, and looked at the difference between Shangdong Technology and his memory.

This is not Chen Dongcheng's reality, even if Shangdong Technology invests more, it can't change the reality of the narrow Internet fitness track.

Originally, fitness is not a high-frequency thing, and it is impossible to continue to expand the market with burning money like takeaway.

The person in charge of the super orangutan, Jump, is now also joining Shangdong Technology with his friends who started a business together.

Tonkey is very respectful of Hop Hop, and rarely asks about the situation on the Super Orangutan side, giving her the highest authority.

"Chen Dong, at present, Super Orangutan has a total of 105 stores across the country, all of which adopt a direct management model. ”

"After merging with Keep, we have gained a steady stream of footfall. ”

"Many users have received a Keep recommendation before choosing a Super Gorilla store for fitness. ”

"Today, the income of super orangutans accounts for about 20% of Shangdong Technology. ”

After Jump introduces the situation on the Super Orangutan side, Tom Qi then introduces Keep's situation.

"Among the profit methods that keep is currently exploring, the most surprising thing for us is the category of sports consumer goods, which contributes half of Keep's revenue. ”

"Among them, intelligent hardware accounts for 35%, training equipment accounts for 40%, and food accounts for 25%. ”

In Tmall's fitness category, Keep has ranked fourth, and the top three are Decathlon, lululemon and Yijian, which specializes in treadmills. ”

"We are also actively building Keep as a sports brand, including co-branding with Supreme and Uniqlo, which have also received a good response. “

Tang Qi considered the wording, "On the whole, the development of Keep is still relatively promising. ”

"If we continue to focus on the consumer sports business and actively improve the offline gym business, it is still very likely to capture the favor of more investors. ”

At least from the description of Tom and Hop, after the merger of the two, Super Gorilla and Keep each benefited.

This also proves that the merger is still very compatible.

"In terms of valuation in the future, there is no need to put too much pressure.

In the near future, Mr. Hong should come over to discuss with you how Cao Cao Entertainment should develop next.

You should also be prepared and fully cooperate with the decision made by Mr. Hong's side. ”

Chen Dongcheng was also beating Tang Qi and Jumping, and he didn't have too many other thoughts.

"Don't worry, we will fully cooperate with Mr. Hong and hug the thigh of Douyin. ”

Tom was joking.

However, what he said was true.

Douyin has such thick thighs, I don't know how many companies I want to hug.

"Dong Chen, when will Mr. Hong arrive, I should arrange it in advance?"

Tom asked again.

Chen Dongcheng smiled and waved his hand: "Don't worry, he has a big deal to do now." ”

"Big deal?"

Tang Qi and Jumping looked at each other, both a little curious.

Chen Dongcheng asked casually, "Y, you should have heard of it, right?"

"Ha, you mean the platform that looks a bit like Douyin?"

Tang Qi's face was a little weird, and he secretly glanced at Chen Dongcheng.

"Well, it's the company that has the same skin as Douyin, Hong Jun estimates that it should be won soon. ”

Chen Dongcheng looked at his watch and said with a smile.

"Take it?"

Tang Qi was stunned for a moment, and then asked, "You mean that Douyin wants to acquire Y?"

"It's not a normal operation, I've given them a chance, but they haven't taken it themselves. ”

Chen Dongcheng shrugged his shoulders and smiled very easily, as if he was sure that Team Y would agree.

......

At this time, in the magic capital, Hong Jun also lived up to expectations and won this hard bone.

"Team Y was officially merged into Cao Cao Entertainment, and Douyin is suspected of going to sea?"

At the beginning, it was revealed that Douyin would not respond.

Who let this time, Cao Cao Entertainment almost contracted the hot spots.

It includes three major platforms and has hundreds of millions of users.

Cao Cao's actions have attracted the attention of insiders.

However, no one expected that Hong Jun would quietly get the Y team.

Team Y is more sad, in fact, Chen Dongcheng began to pay attention to them a long time ago.

In the early days of entrepreneurship, considering that the cost of domestic traffic is too expensive, the desire to pay in Europe and the United States is relatively strong.

Yang Luyu and Zhu Jun, as the founders, finally chose the United States as a breakthrough.

They are developing very fast, soaring to the sky, almost touching the top social platforms in the United States.

has made a lot of achievements outside, and witnessed how Douyin has rapidly grown into a phenomenal video platform.

What depresses them the most is that many of the designs of Douyin are very similar to them.

If it's the first time to play Douyin, I guess I can also get two identical software for myself.

No one is willing to be a green leaf, especially if they have proven themselves overseas.

Yang Luyu almost did not hesitate to persuade investors to set up a short video platform muse in China.

The result......

Douyin directly crushed it strongly, and a wave of subsidies directly made Yang Luyu and them kneel and beg for mercy.

You must know that up to now, Y's valuation is only $500 million.

The funds obtained are only more than 100 million US dollars.

With such a small amount of money, it is wishful thinking to compare it with Douyin, which has burned about 500 million US dollars before and after.

What's more, Douyin's user base in China is completely dimensionally reduced and suppressed against them.

Without subsidies, where will the content be produced?

Without content, how can users be retained?

The ideal is very plump, and the reality is very skinny.

Capital is again the most realistic.

Seeing no hope of catching up with Douyin, those investors who were not very well-funded immediately asked Yang Luyu to sell them.

There were many giants asking for prices before and after, and Tengxun carefully inspected them, but finally decided to do it themselves and subsidize Weishi 40 billion.

Kuaishou followed up earlier than Douyin, and was only one step away from winning Y.

At the critical moment, Y's major shareholder, Cheetah moved off the chain.

The cheetah bites to death, and if Kuaishou wants to win Y, it must acquire News Republic, which is an overseas news app.

And Kuaishou had to inject $50 million into Cheetah's live broadcast platform

If Kuaishou does not agree, Cheetah Mobile has a veto power and will not agree to Kuaishou's acquisition of Y.

This wave of strong buying and selling operations is a real show of Kuaishou's scalp numbness.

Their Kuaishou is now valued at only $6 billion.

Even if he participates in this round of bidding, he is supported by Tengxun as the father of the gold owner.

However, Tengxun can only allocate $1 billion to Kuaishou.

Tengxun led the magnesium group not long ago to suppress Cao Cao's comments.

1 billion US dollars is already the limit of Tengxun's ability to support Kuaishou.

Kuaishou's offer should also be more sincere, offering a valuation of $1.5 billion, and allowing Y investors to replace Kuaishou's equity.

However, with the existence of the disgusting person of Cheetah Mobile, Su Hua directly announced that he would give up the acquisition of Y.

Just when Yang Luyu felt that he saw the hope of independent development, Cao Cao Entertainment suddenly made a move.

Directly agreed to all the conditions offered by Cheetah Mobile, and strongly managed the most difficult investors.

As for why they didn't resist?

Cao Cao Entertainment, who just got $3 billion, was able to burn those investors in Y alive.

Investors have no confidence to choose to accept the acquisition of Cao Cao Entertainment.

Who cares about the opinions of their founders?

History is always written by the victors.

Y, who has had scandals with Zuckerberg, Tengxun, and Kuaishou, was still acquired by his twin brother Douyin.

Kuaishou is reluctant to buy News Republic because they only make short videos.

But Cao Cao Entertainment is different, Hong Jun originally had the need to test the browser business.

As one of the well-known platforms abroad, News Republic already has a large number of media copyrights, which are very valuable resources.

The browser business, the most important sector is news distribution, and the main business of News Republic is precisely in this regard.

News Republic is a poison pill for Kuaishou.

But for Cao Cao Entertainment, it is simply a send-off.

An off-the-shelf news distribution team, and a browser business unit can be formed directly on the basis of this team.

Cheetah Mobile has put a price tag of $87 million on News Republic.

In just one year, they made $30 million on News Republic.

Su Hua didn't know at all how much Kuaishou would lose to their future if they missed Y.

If there is no Y, Douyin will not be able to go to sea smoothly, let alone have the potential to surpass Facebook.