What's wrong with me being a rich man?

Chapter 429 Chain Reaction
Alibaba will enter the short video market.

Ma Chuan had already clearly stated this in a previous Q&A session and had given a timeframe for its launch next month. However, he did not mention how he would do it, so it is unclear whether he would follow the same approach or create something new.

However, in any case, it shouldn't go beyond the two models currently on the market.

However, Yu Xing's question clearly brought the possibility to a third model.

Why go through all that trouble? Since users are interested in short videos, why not just use WeChat to integrate this feature?

A super app is one that is super in both user scale and functionality.

Ma Chuan held the microphone, thinking hard. His first thought was why Alibaba didn't have this idea, but he immediately dismissed it. Tencent didn't include this feature in its messaging app either.

It kills two birds with one stone, indeed it kills two birds with one stone.

“Mr. Yu has indeed raised a very good question.” Ma Chuan did not mince words. “Mr. Yu’s suggestion is worth serious consideration. Sometimes I even think that if Mr. Yu had continued to be in charge of WeChat at Alibaba, the situation might be completely different.”

He continued, "We will discuss Mr. Yu's suggestion; it is indeed very good."

From "asking questions" to "suggesting advice," Ma Chuan's attitude was revealed in just two sentences.

Xing Hongyu, sitting in the audience, carefully considered the position of Alibaba's leader and felt as if he had fallen into an ice cave. When he glanced at his leader's thoughtful expression, his heart immediately shattered into eight pieces!

If WeChat has indeed been misled into incorporating short video functionality, will WeChat follow suit?
If WeChat follows suit, what about Weishi?
If a company has two similar business lines, how should resources be allocated?
In particular, there is fierce competition from the outside world...

This almost completely changed the situation of Weishi!
Furthermore, if we extrapolate in this direction, and both WeChat and Wechat, two major instant messaging apps, incorporate short video features, wouldn't this emerging market also be immediately and significantly impacted?
Thinking about it, Xing Hongyu almost wanted to stand up and question President Yu: Are you trying to ruin the Chinese short video market?!

His expression changed several times, and he felt extremely uncomfortable, especially with praise for President Yu appearing beside him.

"Mr. Yu is really perceptive. No wonder he is known as the 'Father of WeChat'. He found a way to make WeChat even stronger after listening for just a short while."

"He really has a knack for mobile internet stuff."

Hearing these words, Xing Hongyu wished he could expose the private conversations between the two of them, proving that the man surnamed Yu was definitely not acting on a whim!

He had been planning this for a long time!

He had publicly stated long ago that he was not optimistic about Weishi, and when he talked to me, he directly admitted that he would be the problem.

And, he had clearly stated long ago that "I have a great idea," and now it seems that idea is this encouragement he's giving us today!
The question is the question itself, and the encouragement is the encouragement itself!

Xing Hongyu was restless. He took out his phone and realized that he had already uninstalled WeChat.

He lowered his head, looked around, and then quietly re-downloaded the competitor's app.

The Q&A session is still ongoing.

However, Xing Hongyu felt that Pony seemed a little distracted on stage, while President Liu Chiping in the front row had his brows furrowed, as if he was thinking about something important.

Before Yu Xing asked the question, Xing Hongyu was full of vigor and had great confidence in leading Weishi to expand its territory in the short video market. But now he is uneasy. One moment he feels that the entire market will be destroyed, and the next he feels that Alibaba may not adopt Yu's suggestion.

After finally getting through the morning meeting, Xing Hongyu wanted to confront Yu Xing directly, but seeing that Yu Xing and Ma Chuan were already chatting and laughing, and that Pony and Liu Chiping were looking at him, he had no choice but to go over and express his opinion.

"WeChat can't include short video features!" Xing Hongyu couldn't wait to express his opinion.

Pony frowned and remained silent.

After a two-second silence, Liu Chiping said, "President Xing, this is not a problem for you to consider. How to implement WeChat will be comprehensively evaluated."

Xing Hongyu argued forcefully: "Mr. Liu, even if WeChat incorporates short videos, its model is completely different from Weishi. WeChat is about communication and social interaction, while Weishi prioritizes content. If resources are tilted towards WeChat, Weishi will be affected and lose opportunities in the market!"

Liu Chiping countered, "If WeChat does it, will WeChat follow suit?"

This is where the problem lies.

Weishi is not Tencent's entire business, and Tencent is not at the point where it needs to completely bet on Weishi. If WeChat's feature set performs well, should Weichat be abandoned?

Xing Hongyu understood this principle and was speechless.

Listening to the conversation between the two, Pony said, "Mr. Xing, don't worry, we can do this on two fronts."

Xing Hongyu felt a little comforted, but he quickly realized it was a false comfort; resources are limited...

How can we ensure the most reasonable allocation of resources between two competing internal business units with limited resources?
He took a deep breath and decided not to continue speaking in this setting.

Mr. Yu's suggestion is a calculated move.

A devastatingly powerful scheme against Weishi!
Xing Hongyu was somewhat distraught. Recalling President Yu's earlier remarks and considering the other party's reputation in operations, he realized that with such long-term planning, he probably also judged that it would be difficult for Tencent to handle this type of dual-front operation.

"Hi, Mr. Xing, where's Pony?"

Xing Hongyu walked out along the passage and was about to reach for a cigarette when he heard a voice that wasn't really familiar. He turned his head and saw it was "Yu Wenti".

From search engines to Weibo, two battles ended in defeat. Just when things were starting to look up, and they were promised more resources from the group, this promising situation could be destroyed in an instant...

Xing Hongyu's eyes immediately reddened when he saw Yu Xing's nonchalant demeanor.

He resisted the urge to grab the other person's collar, his voice low and filled with anger: "You planned to have WeChat do that all along, didn't you!?"

Yu Xing asked in surprise, "Huh? What's wrong?"

Xing Hongyu thought the other party was still pretending to be stupid, but he was immediately speechless by the next sentence.

"Do I really need to be responsible for the penguin project?" Yu Xing said with a smile.

Xing Hongyu closed his eyes briefly, then opened them again, utterly bewildered: "President Yu, what you're doing is purely self-defeating and harmful to others. This approach won't benefit the carbon silicon data at all!"

Since Silicon Carbon Data doesn't produce short videos, and Weishi is being suppressed so much, it doesn't seem to benefit from them.

As for super apps like WeChat, its content interface has long been switched to UC Browser. Alibaba and Carbon Silicon Data even had some disagreements over traffic from shopping guide websites.

Yu Xing said, "President Xing, don't worry about my thoughts. Just focus on your Weishi."

Xing Hongyu stared at Yu Xing and said, word by word, "President Yu, do you think you've got it all figured out? I will definitely make Weishi a success!"

"Hmm, I'm watching. Um, Mr. Xing, don't get so emotional." Yu Xing pointed to the crowd in front of him. "Look, wherever there are people, there's a martial arts world. And in this martial arts world, there are open and covert attacks."

Xing Hongyu immediately recalled his past interview where he criticized President Yu, only to be met with a very lenient response on WeChat, with the words, "When you're in the game, you're not in control of your own destiny."

The other party was very understanding of his predicament, but what about him now...? Xing Hongyu was speechless.

After a moment, he could only reiterate his stance: "I will definitely make Weishi a success!"

Yu Xing nodded and encouraged him, "That's right, President Xing, you have to approach this impossible project with this kind of despair in mind."

Upon hearing this, Xing Hongyu felt that the other party's attitude was extremely contemptuous, as if they were playing with a mouse like a cat.

His anger flared up again: "You, surnamed Yu, you..."

Yu Xing interrupted, "Just like my feelings during a certain period when I was working on WeChat, it's the same. Maybe there's another way out, right?"

Tencent employees are naturally very clear about the competition WeChat has faced at different stages.

Xing Hongyu was speechless again.

Okay, okay, it seems like President Yu always has a strong stance.

He could only manage a bitter laugh in the end, and said with a sigh, "President Yu... you should go and make cars instead of messing with us."

Xing Hongyu left, carrying a sense of despair as he embarked on a project that was doomed to fail.

Zhong Zhiling stayed close to his senior, and seeing his lingering expression, he didn't know what to say for a moment.

He thought for a moment and said, "It depends on whether WeChat is used or not. But since you brought this up so publicly, if WeChat doesn't use it, WeChat will probably have to consider whether to do the same. There's no gentleman's agreement between the two companies in this kind of competition."

The suggestion was made by Yu Xing to Alibaba, but Tencent's Pony Ma was sitting right next to Ma Chuan.

Chung Chih-ling felt that the timing and wording of this proposal were quite a "prisoner's dilemma."

WeChat and WeChat are mutually restrictive, and WeChat is also forced to restrict Weishi.

Yu Xing nodded: "I should be able to use it. I talked to Mr. Ma when we were leaving, and he thinks that WeChat is doing a good job. It doesn't need to allocate resources to short videos. I estimate that its short video platform might not even be launched next month."

Zhong Zhiling laughed and said, "President Xing can still complain to you to your face, but the entire team at Alibaba has nowhere to complain!"

“Alibaba is going public next year, so what do they have to complain about? They're doing whatever business they want,” Yu Xing said. “Alibaba isn’t good at social networking; they’ll be lucky if they can do WeChat well.”

WeChat is able to maintain its market segmentation for two reasons: first, the foundation laid by Yu Xing's earlier venture, and second, its imitation of Tencent.

If Alibaba really enters the short video market, Yu Xing doesn't think it can do well in this area. The content, algorithms, and teams don't seem to fit well. Of course, this is just a personal opinion, and it's not certain.

The Beijing Internet Conference proceeded as scheduled, but the engaging Q&A session that day garnered wider attention than the conference itself.

The idea that WeChat can integrate short videos has been discussed on Alibaba's internal network, Tencent's internal network, and the Baixiaosheng Forum.

Even among the penguins themselves, many people think this is indeed a very good suggestion.

A post on Baixiaosheng even claimed that Alibaba's WeChat team received instructions that very night to discuss the integration of short videos into Moments.

The discussion is still ongoing, but this immediate action already foreshadows the outcome. After all, this momentum won't harm WeChat; it simply provides users with more playability.

At least, it's always worth a try.

As the head of Weishi, Xing Hongyu remained in Beijing to attend the meeting, but he also received a rather uneasy phone call from his subordinates.

Anyone, especially the person directly involved, can truly appreciate the potential impact.

Xing Hongyu suppressed his unease and tried his best to comfort his subordinates, while also conveying the leader's continued support.

However, after hanging up the phone, he thought about what President Yu had said.

How the hell was Mr. Yu able to encourage his employees even under such desperate pressure from Tencent? And how the hell did he end up selling WeChat to Alibaba?
Why didn't Mr. Liu acquire WeChat back then?
The root of all evil, the root of all evil!

The topic of WeChat is constantly evolving and evolving.

After the Beijing meeting concluded, Xing Hongyu returned to Shenzhen and continued to actively communicate with resources within the group, including QQ Music and Tencent Video, in line with the content platform's vision, hoping to implement the cooperation to "lower the creative threshold" as soon as possible.

However, he felt that the departments next door didn't seem as enthusiastic as before.

Just as Xing Hongyu was feeling extremely frustrated, he overheard some casual conversation in the restroom. This time, he wasn't a general who was expanding his territory, but rather someone else's "defeated general."

After two defeats, it seems they are headed for a third.

Xing Hongyu was under pressure at work, and what he thought about during the day inevitably led to dreams at night. He even dreamed of a man surnamed Yu holding a scalpel and speaking.

He suddenly woke up, tossing and turning, feeling only confusion.

……

Yu Xing returned to Lingang to observe WeChat's next moves and the changes on Tencent's end from a distance.

If things don't go as planned, we'll need to think of more ways to deal with it.

That day, he was reviewing the progress of internal R&D at the Silicon Carbon Group in his office when there was a hurried knock on the door of the president's office. Liu Jiankai, with a complicated expression, and Zhang Yangxu, looking helpless, appeared at the door.

Zhang Yangxu's hand was still on Liu Jiankai's arm, clearly indicating that he had tried to block but failed.

"Go on out, it's alright, this is my brother Liu Ge." Yu Xing chuckled and waved his hand.

After Zhang Yangxu left and the door closed, Liu Jiankai remained silent for several seconds before suddenly bursting out. He controlled his voice for the first few words, but then unconsciously raised it: "President Yu, I, I, I can't take it anymore!"

He's really not good enough. Bitcoin's price was rising in the first two weeks of this month, initially from $200 at the beginning of the month to a high of $400, and he was still able to control his emotions.

However, at a hearing held in the United States yesterday, Federal Reserve Chairman Bernanke stated that "cryptocurrencies deserve attention," and the price of cryptocurrencies immediately and rapidly climbed to $650!

At this rate, it's not a dream for prices to break $1000 this month!

刘建凯的道心可以控制住到200、300、400乃至500的情绪，但眼看着这要奔着1000美元乃至更高的位置，他真的绷不住了！
My Dao heart has truly been shattered!

"Liu Ge, if you're not doing well, you should go to the hospital," Yu Xing said with a smile, looking at the agitated Liu Jiankai.

Completely ignoring the teasing, Liu Jiankai muttered, "You're a doctor, you're... you're the best trader! Holy crap, 100,000 coins, Mr. Yu, you're the best trader I've ever seen! You really know how to buy at the bottom!"

Damn, you really know how to buy at the bottom!
Good bro, you, you deserve to die!!

(End of this chapter)