civilwarnovels Chapter 520 I must sue Chen Jincheng to death!
Chapter 520 I must sue Chen Jincheng to death!
Chapter 520 We must sue Chen Jincheng to death!
It turned out to be Chen Jincheng.
Zhu He was completely taken aback, as were the other reporters.
Who would have thought that Chen Jincheng would be the one to fund Chopsticks?
After all, although Chan Kam-ching has his own Second Star Company, he is still the top male singer of Douyin and has always had a good relationship with Douyin. He has even supported Douyin several times, which makes Kuaishou feel very uncomfortable.
It's huge news that Chan Kam-ching is suddenly seeking financing for Kuaishou.
After getting out of the car, Chen Jincheng saw reporters all around. The fact that so many people were gathered together was obviously not a coincidence; someone had leaked the news in advance.
He immediately realized it was chopsticks.
They seem to be in a hurry.
Even so, he still looked at the reporters with a smile.
Zhu He didn't hesitate at all, and frantically started filming with the camera, not wanting to miss a single second.
He knew this would be big news.
Moreover, it must be reported immediately.
After taking two sets of photos and a video, he immediately sent them back to Sina Weibo: "Big news! Chen Jincheng is the one who funded Kuaishou; he's already at the Kuaishou company."
At the headquarters of a certain media outlet, editor-in-chief Lin Heng received Zhu He's video, photos, and information immediately.
As the editor-in-chief of Sina News, he naturally knew that the hottest news these past two days was Kuaishou's financing. Therefore, after the news that Kuaishou's financing party would be visiting Kuaishou today circulated internally, he immediately notified his reporters to go and pay their respects to Kuaishou.
He was also surprised when he saw the message sent back.
Chan Kam-ching and Dou Yin have always had a good relationship.
In his mind, Chen Jincheng had only recently helped Douyin stabilize the situation, so why was he suddenly asking for funding from Kuaishou?
Did he and Douyin suddenly have a dirty secret?
No, he immediately thought of something very important: the financing of Second Star and Soda Wine Company.
Initially, everyone thought that Chen Jincheng wanted to realize his valuation and get his assets listed in the rankings after the two companies raised funds. Therefore, after the successful financing, Chen Jincheng did not use these funds. Only the billions of yuan that Ershixingchen Film and Television Network spent (it is uncertain whether these were the financing funds).
Chen Jincheng has not yet touched the rest of the money.
Honestly, with so much money, even if Chan Kam-ching retires now, he probably won't be able to spend it all in his lifetime. People even thought that Chan Kam-ching wouldn't use this money for investment, as it wasn't necessary for him.
After all, the valuation of Second Generation Star and Soda Wine Company had already made him financially independent and allowed him to transcend social classes.
Not everyone is like Lei Jun, who loves starting businesses. Even though he was financially independent, he still left Kingsoft to get into the mobile phone business.
But now everyone is mistaken. It's not that Chen Jincheng is going to give up; it's that he's preparing to make a big move.
The first impression people have of Chen Jincheng is that he is an internet celebrity. He started his career with short videos. But even so, as the top influencer on Douyin, he is just another internet celebrity on that platform.
If Douyin wanted to target him or restrict him, it would be easy for her.
If a shareholder can secure 25% of the shares, things will be different; they will become a shareholder, and their status will change.
Moreover, Kuaishou is currently very popular and is already number one in short videos. Everyone knows that it's only a matter of time before Kuaishou defeats Douyin. Now, with such a bombshell, Chen Jincheng joining Kuaishou will allow Kuaishou to give Douyin a huge shock.
Then, Lin Heng thought of something very terrifying.
Was Chen Jincheng's two rounds of financing just for this round of financing for Kuaishou?
If not, then it's possible that Kuaishou knew Chen Jincheng had this sum of money, approached Chen Jincheng, and persuaded him. In that case, Dou Yinzhen made a huge mistake.
If so, then Chen Jincheng was already interested in raising funds for Kuaishou at that time. During this period, Chen Jincheng was also flirting with Dou Yin, appearing quite intimate. So, Dou Yin...
The more Lin Heng thought about it, the more alarmed he became. Without further hesitation, he quickly wrote an article, putting down all his guesses, and then had it published immediately.
Chen Jincheng had already entered the chopsticks.
Chen Yixiao personally came out of the gate to greet them, showing great enthusiasm. He was also very satisfied with his arrangements, seeing the large number of reporters waiting outside.
Today is the day we sign the contract with Chen Jincheng. After today, not only will we have enough funds to deal with Douyin, but we've also poached Chen Jincheng, the top Douyin influencer. The short video industry will soon belong to Kuaishou.
It's a pity that the Second Starry Sky MCN portion is still with Douyin and wasn't moved over.
"Mr. Chen, all the shareholder representatives are already waiting in the conference room." Chen Yixiao said as he led Chen Jincheng upstairs.
Soon, Chen Jincheng followed Chen Yixiao into a conference room, where many people were already seated. Upon seeing the two enter, they all stood up and greeted Chen Jincheng very politely.
These people are all representatives of the various shareholders. After all, for something like this that is definitely being done, the shareholders are the capital side and they wouldn't come here specifically for this purpose.
However, a representative is just a representative, so we should still treat a true investor like Chen Jincheng with respect.
"Everyone, please sit down." After everyone was seated, Chen Yixiao began to introduce everyone and then explained the purpose of this round of financing. It was all just empty talk and going through the motions.
All the relevant contracts have been signed by all the shareholders. They also met with Chen Jincheng's financing team yesterday and finalized the agreement. At this point, all they need to do is present the contracts and have them signed.
However, formalism is still quite popular sometimes, so the group talked about some meaningless nonsense. Chen Jincheng was already used to such nonsense, and although he hated it, he could still agree with it.
From this, one can also see what kind of person Chen Yixiao is: flashy but impractical, and focused on form.
This seems to foreshadow the final fate of the chopsticks.
He had visited the rice group several times, and whether he was with Lei Xiaojun or other senior executives, they didn't engage in such empty talk and formalism, nor did they display such superficiality.
Therefore, the rice group was able to grow so large and famous, but ultimately it fell into decline. Whether it can rise again in another world is unknown, and it seems unlikely, after all, there is already a giant above it.
In fact, Douyin probably stopped considering Kuaishou as a competitor, since ByteDance also has a series of video apps such as Huoshan, Xigua, etc., some of which follow the Kuaishou model.
When Chan Kam-ching finally signed the agreement with the handkerchief, he seemed to have realized something.
When the opportunity arises, even a pig can fly.
Some pigs are just brainless; even if they fly, they'll eventually crash to their deaths. Such examples are very common on the internet.
Some pigs have a brain; they can fly very high when the wind is strong. But when the wind stops, although they won't necessarily fall to their deaths, they've been blown to heights that aren't rightfully theirs, and eventually they'll fall back to where they belong.
Perhaps this is exactly the case with Mr. Chen, who is currently beaming with pride.
With the contract signed and financing completed, he believed he had already defeated Douyin and was now the king of short videos.
"Haha." Chen Yixiao laughed at Chen Jincheng: "President Chen, your defection is already a major blow to Douyin. Once you get this round of financing, Kuaishou can give Douyin a heavy blow and make it collapse. At that time, we should consider the listing plan. Believe me, this 265 billion will eventually bring you terrifying returns. We can become a top giant and become another Tencent."
Chen Jincheng laughed at this, as it was true that his 265 billion yuan financing would yield terrifying returns.
As for Kuaishou becoming another Tencent Group, that's impossible, at least in your hands, Mr. Chen's hands.
According to the outcome in another world, as long as Douyin keeps quiet and disappears, President Chen will assume that Douyin is finished and then focus all his efforts on the listing plan.
This is a classic example of Goujian enduring hardship and biding his time.
The key point is that the chopsticks didn't have the same advantage as King Fuchai of Wu, and the champagne was already halfway through.
Online, news about Chen Jincheng raising funds for Kuaishou spread at lightning speed.
When people in the short video industry saw this news, they were incredulous, and it quickly caused a sensation across the internet.
Has Chan Kam-ching become a shareholder of Kuaishou?
This is a major upheaval in the short video industry.
Douyin naturally learned of this news immediately.
Since Gu Xue took over the position of president from Han Shangyou, she has been under a lot of pressure, especially with the recent sudden financing of Kuaishou.
She knew that Kuaishou was raising funds at this time to launch an attack on Douyin.
This is definitely not a good thing, so she has been keeping an eye on it.
As long as we have the first information, we can always come up with a corresponding response.
While she was working on a document, her assistant rushed in: "Ms. Gu, something terrible has happened."
"What's wrong?" Gu Xue knew that her assistant was usually quite composed, so this sudden outburst meant that something was definitely not simple.
The assistant quickly said, "The investor for Kuaishou this time has been revealed. It's Chen Jincheng. It's said online that he raised funds twice before just for this Kuaishou investment. He's been scheming all along."
"What?" Gu Xue was so shocked that she stood up abruptly and quickly took out her phone to check the news online.
Soon, she saw videos and photos of Chen Jincheng appearing at Kuaishou Company.
She knew how terrible this news was for Douyin; it was absolutely catastrophic.
She never expected that even though Douyin and Chen Jincheng had already signed that kind of private domain traffic contract, the other party would still betray Douyin.
Then, she remembered something: "Damn it, how could he do this? Ershi Xingchen has a contract with us, he's breaching it, isn't he afraid we'll sue him?"
"Yes, yes!" Gu Xue immediately realized and instructed her assistant, "Notify the company's legal department to prepare a lawsuit against Chen Jincheng. We must make him pay the price."
This matter absolutely cannot be left like this.
(End of this chapter)