Chinese Entertainment Intelligence King

Chapter 397 Tudou.com Reform Plan, Red-Blue CP, Yan's Winning Strategy

Chapter 397 Tudou.com Reform Plan, Red-Blue CP, Yan's Winning Strategy

While the outside world was reeling from the change of ownership of Tudou.com, Yan Li had already begun convening a meeting of senior executives.

Without wasting words, he directly purged Wang Wei's influence at the meeting, kicking out many confidants and high-ranking officials from the core decision-making level or marginalizing them.

From a company management perspective, Yan Li had just taken over, and such a major undertaking was risky.

But after much deliberation, Yan Li decided to take action.

The resignation of founder Wang Wei will inevitably cause huge turmoil within Tudou.com. Taking advantage of this opportunity, why not make the turmoil even greater and take everything down?

Without destruction, there can be no construction; we took control of Tudou.com in one fell swoop.

Otherwise, keeping these people around will not only cause trouble, but even if they harbor resentment and become passive-aggressive, it will be a hidden danger, wasting resources and causing endless harm.

After eliminating Wang Wei's people, Yan Li began to promote his own people and neutral high-ranking officials.

He had an intelligence network and had already begun planning and arranging things. Yan Li knew exactly what factions, personnel composition, and corresponding capabilities were among the top executives of Tudou.com.

Some people deserve promotion for their merits, but lack the ability, so they should be used in a nominal capacity; some people are two-faced, so they should be either warned or appeased to make them obedient for the time being; some people are capable and should be given important positions and won over; some people are of average quality, but they are loyal and can be trusted and relied upon.

For Yan Li, seizing power from Wang Wei was not difficult; the real test was to take control of the potato industry and lead it to success.

After the high-level meeting ended, Yan Li gave everyone at Tudou.com time to accept reality, and then invited shareholders such as President Xiong and President Xu to dinner.

He owes his successful power grab to the support of the shareholders, and he will certainly have to express his gratitude.

Moreover, compared to Yi An and Weibo, who hold absolute shares, Yan Li's shareholding in Tudou.com is not much, even less than Wang Wei's, so he needs the support of these board allies in many aspects.

Yan Li even invited Wang Wei, whom he disliked but had already won and wanted to show some of the demeanor of a victor.

Reducing the conflict with Wang Wei, the largest shareholder, would also help him gain control of Tudou.com.

Moreover, now that Wang Wei has left Tudou.com, given his relationship with Yan Li, he will most likely cash out and leave after the company goes public.

Yan Li is holding a sway; maybe he can buy some shares later. Even if Wang Wei doesn't sell to him, he shouldn't let some enemy enter Tudou.com to fight against him.

Merchants prioritize profit; they have neither eternal enemies nor eternal friends.

Previously, the two were bitter enemies, but from this moment on, Yan Li began to want to become "friends" with Wang Wei.

Unfortunately, Wang Wei was not as magnanimous as Yan Li, who had won, and didn't respond at all.

Yan Li wasn't surprised; he figured they could take it slow.

Time is the best healer, and Yan Li's status in the business world, having controlled three companies worth tens of billions, is self-evident.

Yan Li believed that no matter how much hatred Wang Wei harbored, he would choose to "let bygones be bygones" rather than fight Yan Li to the death, unless he gave up all his career.

"Thank you, Mr. Xiong."

"Mr. Xu, thank you for your support."

"..."

During the banquet, Yan Li raised his glass to toast each of the shareholders. After the meal, everyone moved on to another room, and Yan Li took the opportunity to chat with the shareholders about some specific ideas for Tudou.com.

This has been discussed before, otherwise the shareholders wouldn't be so determined to support him.

However, Yan Li still held back some things and didn't explain them clearly enough. Some shareholders were unaware of this. Now that Yan Li has fully taken over, he needs the support of the shareholders, so there's no need to hide anything that needs to be said.

"Right now, the most important thing for Tudou.com is to go public. Time waits for no one. The US stock market is relatively optimistic about our domestic video website industry, so we must seize the opportunity."

"But after the IPO and once we have the funding, I plan to make significant changes to Tudou.com."

"To be honest, I am personally very dissatisfied with Tudou.com's positioning and some aspects of its situation, and it is also different from many of my ideas and goals. I need Tudou.com to change."

"..."

Yan Li's words were already quite lenient; when he persuaded some shareholders before, his words were much more intense, almost to the point of accusing Wang Wei of making a mess of things.

This doesn't mean Yan Li wronged Wang Wei.

As mentioned before, Tudou.com went from being the absolute industry leader to competing with Youku, and then gradually falling behind. As the person in charge of Tudou.com, Wang Wei bears an unshirkable responsibility for this.

First of all, they didn't pay attention to technology and bandwidth. Youku's features, picture quality, and user experience far surpassed Tudou's, which was fatal.

It's like having two restaurants, one dirty and messy, and the other clean and hygienic. Regardless of which restaurant's food tastes better, most customers would choose the latter.

After taking over, Yan Li had the funds, and his first priority was to optimize Tudou.com's hardware. He dared not say he would surpass Youku, but at least he couldn't fall behind.

Secondly, there is the debate over the path of UGC (user-generated content) versus long-form video copyright content.

Tudou.com's initial concept was UGC, with the platform slogan "Everyone is the director of their own life," aiming to create China's video blog.

This strategy and direction are not wrong, but they are out of step with the times.

The internet has only been widespread for a short time, and smartphones have only just appeared. Let alone videos, even the era of images only began with the rise of Weibo. Non-professionals have almost no ability to produce videos, let alone high-quality videos.

Including some internet celebrities promoted by Tudou.com, such as Laoshi, Qiangzu Xiaosha, and Houshe Boys, they basically follow the path of film and television commentary and funny imitations.

The quality is relatively low, at least compared to TV dramas and movies, and the quantity is also small, with only a few internet celebrities.

Moreover, due to its low influence and lack of advertising revenue, it even needs Tudou.com to provide financial support.

Tudou.com is an online platform that needs to generate profits and attract as many users as possible. Relying on a small number of low-quality, low-monetization internet celebrities will only lead to its demise.

Therefore, although Tudou.com claims to be building the YouTube of China, its actual focus has already shifted to long-form video copyrights, using film and television copyrights to attract users and generate revenue.

At this point, if Tudou.com is determined to focus on long-form video copyrights, then it can go head-to-head with Youku.

However, Wang Wei couldn't bear to give up UGC, feeling that it was the foundation and soul of Tudou.com.

The grassroots, fashion, and trendy elements represented by UGC have also attracted a large number of active and loyal users, further binding Tudou.com to its core and preventing it from making any rash moves.

Tudou.com was caught in a dilemma. Not only was it being drained by UGC, but it also couldn't concentrate its strength and resources to compete with Youku for resources. If it weren't for Yi An's side, it would have been crushed by the more decisive Youku long ago.

With Yan Li taking over, he will drastically cut off Tudou.com to survive, prioritizing long-form video copyrights, which are more suitable for the times, as his primary strategy, and engage in fierce competition with Youku.

Of course, it would be a shame to give up the UGC business for nothing. With the development of the times, this is definitely a new opportunity. Tudou.com has accumulated a lot of advantages, and we can't let them go to outsiders for nothing.

Yan Li plans to launch a new platform, such as a sweet potato website or a potato website, with a smaller scale and fewer resources, to cultivate the environment and talent at a lower cost, and then increase support as the market changes.

This is risky, but there's no better way. You can't have your cake and eat it too; Yan Li has to prioritize one over the other.

The fact that Tudou.com's UGC business survived and could develop further is Tudou.com's good fortune; the fact that it failed halfway through means that Tudou.com simply wasn't destined for it.

If Yan Li can smoothly and relatively gradually promote these two reforms, then Tudou.com can shed its burdens, concentrate its strength and resources, and fight a decisive battle with Youku.

Those two reforms are not easy; they require a lot of money and carry considerable risks.

In particular, disrupting the UGC business could cause turmoil for the company and the entire platform, leading to the departure of some users. Coupled with the loss of the so-called platform culture and image, it could lead to a pessimistic outlook from the market and a series of negative reactions.

After Yan Li finished explaining his plans, the shareholders fell silent for a while. Soon after, Xiong, the CEO of IDG, spoke up.

"There are risks, but there are also new opportunities."

"With President Yan taking over and Potato changing hands, a new era has arrived. Naturally, a new Potato story needs to be told. Although the moves are significant, they involve a change in mindset and a focus on strategy. Even if there are some ups and downs, I believe President Yan can lead Potato through the difficulties."

Upon hearing this, Mr. Xu from Capital Today also chimed in: "That's right, we support Mr. Yan's rise to power because we hope he can lead Tudou back to its peak. Necessary costs and risks are unavoidable, but we believe in Mr. Yan's abilities."

As the two bigwigs spoke, the other shareholders' brows relaxed and they nodded in agreement.

That's right, what they really value and support is Yan Li, this business genius, betting that he can lead everyone to make money and get rich.

If Yan Li takes over and simply follows the same old ways, with only superficial changes, Tudou.com will remain the same as before. In that case, it would be better to let Wang Wei continue to run the company.

After considering the opinions of various shareholders, Mr. Xiong raised his glass and clinked it with Yan Li's.

“We don’t know much about business operations and management, but we do know that investing is about investing in people. Since we’ve chosen Mr. Yan, then Mr. Yan, go for it! IDG will fully support you.”

Mr. Xu clinked glasses with him, saying, "Today Capital is the same."

"me too."

"..."

Yan Li maintained a confident and serious expression: "Thank you all. I will do my best to live up to your expectations and trust, and let us all enjoy the glory of victory together. Cheers!"

"cheers."

...

Shanghai, China Resources Bund 9

This luxury residential brand under China Resources is located near the Bund Financial Center, Yu Garden, and other business and leisure real estate areas in Shanghai. It boasts convenient transportation, advanced financial and educational resources, and comfortable and luxurious decorations. Houses over 300 square meters have an average price of over 10 yuan per square meter.

Of course, the actual transaction price wasn't that outrageous; Yan Li had connections with China Resources and got a friendly price.

Currently, this house, which is over 400 square meters, is occupied by Yang Rong and Wang Ou, who frequently visits Shanghai. It is also Yan Li's first place of residence in Shanghai.

As soon as Yan Li entered the door, he sensed something was wrong. Yang Rong, who was sitting on the sofa, looked clearly unhappy, even though she had been fine that morning.

Given Yang Rong's personality and temperament, she wouldn't so obviously give him the cold shoulder. The only thing that could make her lose her temper like this is...

Yan Li looked around: "Wang Ou is here?"

As soon as he finished speaking, Wang Ou stood up from behind the sofa, looking disappointed: "You could have guessed that?"

Upon hearing that Yan Li had taken over Tudou.com, she knew that Yan Li would likely stay in Shanghai for a while, so she booked a plane ticket and rushed to Shanghai.

"It's written all over her face."

Yan Li pointed at Yang Rong, and Wang Ou suddenly realized, pinching Yang Rong's cheek: "Little Rongrong, don't just think about eating alone. We're best friends, we should share."

"Share your grandpa's stuff."

Yang Rong couldn't help but curse. Yan Li only came to Shanghai a very limited number of times each year; most of the time, she was the one who went to Beijing.

Finally, Yan Li was likely to stay in Shanghai for a while, and she was thinking of enjoying some time alone with her boyfriend. But in just one day, that slut came running after her.

Wang Ou didn't take it seriously and became even more arrogant: "This house has both our names on it, and mine is first. It's your house and my house, so why can't I come?"

Yan Li's original idea was to buy a house for Yang Rong and Wang Ou in Shanghai, since there were too many women in Beijing and it would be good to divert some of them to Shanghai.

But Wang Ou felt that it was unnecessary for each of them to have their own apartment. Since the two of them wouldn't be living apart anyway, they might as well buy a larger apartment together and live together.

So, at Wang Ou's urging, Yang Rong, in a daze, bought a luxury house with Wang Ou. She usually lived there by herself, and when Wang Ou came to visit, they would stay together.

The two even discussed buying a luxury house in Beijing together, so they could live happily ever after again.

Yan Li's idea of ​​splitting up the flow of people was good, but the key issue was that they came to Shanghai too infrequently. So, the two of them each bought a house in Beijing and Shanghai, allowing them to move between the two places without interfering with either.

Yang Rong had always thought this was a good idea, as it saved her from being lonely, but now she was starting to regret it.

But there's no use regretting it now. Even if they had each bought a house back then, if Wang Ou came to Shanghai and blocked her door, could she really refuse to open it?

She's doomed to be stuck with such a scoundrel in this life.

Yan Li was already used to their way of getting along. He sat down on the sofa, picked up Yang Rong who felt good in his arms, and then lay down on Wang Ou's lap.

"It's good that she's here; she can't manage alone anyway."

"Yes."

With Yan Li's support, Wang Ou became even more arrogant: "If you want to eat alone, you should first consider how big your appetite is."

Yang Rong rolled her eyes at her, but didn't refute her. She really couldn't manage on her own. If this went on for too long, even if Wang Ou didn't come, she would have to call for help.

Wang Ou arrived too early; let her enjoy two days of alone time first.

"I'm a little hungry, get me something to eat."

Yan Li chatted with the two for a while, then felt a bit hungry. He had been busy with various meetings all day, which had been quite taxing, and he hadn't eaten much at the evening's social gathering, so he was feeling a bit overwhelmed.

Wang Ou quickly asked Yan Li what he wanted to eat, and then instructed Yang Rong to make it.

Yang Rong laughed in exasperation: "Why don't you do it?"

"My cooking isn't as good as yours, and besides, can't you see I'm busy?"

As Wang Ou spoke, he fawned over Yan Li and gave her a head massage. Yang Rong punched her, but still obediently went to cook.

After Yang Rong left, Wang Ou lowered his voice and asked, "Do you remember Zhang Meng, the one we ran into last time?"

"Impressed."

Yan Li looked at Wang Ou with some surprise: "It's adjusted so quickly?"

In less than two months, Wang Ou's skills have improved so much!

“Uh…” Wang Ou choked, then shook his head. Two months was only enough for initial assessment and minor adjustments; to get it right, it would take at least six months.

"Then what did you tell me?"

Yan Li was puzzled, and Wang Ou hesitated for a moment before saying, "I was thinking that you should take some time to meet her, to give her something to look forward to. This girl is a bit too stubborn, and I'm afraid I can't control her on my own."

Wang Ou had to admit that she had overestimated herself and underestimated the other party.

Previously, whether it was Wu Jiani, Bai Bing, or Yang Rong, they all had relatively soft personalities, which allowed Wang Ou to easily take the lead, instill his own ideas in them, and assimilate them.

Zhang Meng is different. You can tell from the fact that she went all out to recommend herself to Yan Li that she is a person with her own ideas and strong execution ability.

Although she had to submit to Yan Li's wishes and follow Wang Ou, she still had her own ideas and principles.

After spending some time with her, Wang Ou realized that he couldn't quite control her, or that his old methods weren't working well.

Therefore, he planned to use Yan Li as an external force to establish greater authority, intimidate and suppress Zhang Meng, and make him obedient.

“Even if she admits it when I step in, she still won’t be convinced by you.”

Yan Li's intervention could help Wang Ou subdue Zhang Meng, but Zhang Meng would submit to Yan Li, not Wang Ou. This might work in the short term, but in the long run, he would still harbor rebellious intentions.

"Hmph, if she dares to rebel, I'll make sure she's dead."

Wang Ou, however, was confident that if she could subdue Zhang Meng once, she could do so a second and a third time. She didn't believe that Zhang Meng could surpass her again.

Yan Li, however, was not optimistic. He thought Zhang Meng might not rebel, but he could go out and work on his own.

Leaving Wang Ou but not Yan Li is not taboo. Wu Jiani almost left Wang Ou's team before, and Yan Li didn't say anything.

Of course, without Wang Ou's protection and support, and without Yan Li's attention, going solo might lead to being neglected or even leaving, but it's still a viable option.

Yan Li thought about Zhang Meng's ambitious face and felt that she wouldn't be content to follow Wang Ou around as his little sister.

Zhang Meng's purpose in wanting to get close to Yan Li was very clear: to curry favor, gain benefits, start a new life, and even change her destiny. Following Wang Ou and drinking soup with him would hardly satisfy her.

"Let's just forget about it. If they really stab you in the back, you'll be in trouble."

Yan Li advised Wang Ou to give up, but that didn't mean he gave up. In fact, after hearing Wang Ou's story, his interest in Zhang Meng actually increased.

He likes things that have personality, are exciting but not clingy.

Yan Li felt he had made the wrong choice; Zhang Meng should have been handed over to Huo Siyan for reassignment.

Wang Ou emphasized unity and loyalty too much, often acting with the mindset of a team leader, always hesitant and restrained, afraid of causing trouble for himself and Yan Li.

Huo Siyan doesn't care about these things as much. She prefers cooperation or alliances and doesn't care much about her teammates' goals or personalities. As long as they follow the rules and her interests are protected, that's fine.

Since Huo Siyan is looking for teammates anyway, I might as well introduce Zhang Meng to her. If Huo still can't get her to join, then so be it.

Anyway, Yan Li was too lazy to deal with a woman personally; he didn't have the time or inclination.

"Let me try again."

Wang Ou didn't want to give up, and Yan Li didn't stop him. He turned around and hinted to Huo Siyan, who had her own way of contacting Zhang Meng.

As for whether this move will cause Wang and Huo to become enemies, well, even without this incident, the two still hate each other to the core.

After a while, Yang Rong finished preparing the braised noodles, and Wang Ou also shut his mouth.

Yang Rong was dissatisfied with and even disgusted by Wang Ou's various pimping behaviors, so Wang Ou avoided her to avoid arguing.

Yan Li was really hungry. He ate a whole bowl of noodles with gravy, which made Yang Rong and Wang Ou drool.

It was late at night, and the two of them were afraid of gaining weight, so they only cooked a little bit of noodles and shared it.

After having eaten his fill, Yan Li wanted to see how the online discussions were developing regarding his takeover of Tudou.com.

But then I thought, it doesn't seem necessary. Anyway, no matter what people say, the matter is already settled.

Today, we successfully acquired Tudou.com, fulfilling a long-cherished wish. Although it was expected, Yan Li is still very happy.

Since we're happy, let's celebrate!

Yan Li looked at Wang Ou and Yang Rong: "I remember you two bought new clothes last time?"

"Uh-huh."

Wang Ou nodded, enthusiastically promoting to Yan Li: "What do you want? Flight attendant, student, period costume, female knight-errant, teacher, or just a romance novel...?"

Before he could finish speaking, Yang Rong, unable to bear it any longer, covered his mouth.

Yan Li hesitated for a long time, unable to decide which one to choose, so he simply let them choose for themselves, since he liked them both anyway.

So the two of them shoved and pushed each other as they went to change clothes. Yan Li lit a cigar and waited silently.

Nearly half an hour later, the two finally came out hand in hand. Yan Li was slightly taken aback when he saw the two dressed up, and he almost dropped the cigar in his hand.

Wang Ou's outfit has a futuristic feel, with long blue hair and silver metallic clothes. Combined with his somewhat heroic appearance, he looks quite aloof and imposing.

Yang Rong, on the other hand, went for a fairytale style, with pink hair, pink puff sleeves, and a baby face, giving her a sweet and lovely look.

The two figures, one in blue and one in red, one cold and one gentle, one tall and one short, one futuristic and one classical, create a strong visual contrast, yet also exude an eerie harmony.

"Cough cough..."

Just as Yan Li, who was getting excited, was about to get up, Wang Ou pulled out a plastic gun from his belt and pointed it at Yan Li seriously.

"Don't move, you interdimensional thief, you're under arrest."

My goodness, there are props and a storyline too!
Yan Li looked expectantly at Yang Rong beside him. The latter blushed slightly, took a deep breath, took out a magic wand, waved it, and shouted with a hint of embarrassment.

"Thief who infiltrated the magic castle, come back with me to face the judgment of the Elf Queen."

This is the advantage of hiring professional actors; even when playing around with romantic themes, they have their own sense of performance conviction.

Most people would have lost their composure long ago and wouldn't have been able to deliver such embarrassing lines.

Yan Li had no script and didn't know how to act, so he could only say, "You two both want to capture me, so who should I go with?"

Wang Ou and Yang Rong exchanged a glance. Wang Ou said, "No matter who you go with, you have to tell me where the stolen treasure is."

Yan Li immediately understood and replied, "Impossible."

Wang Ou snorted coldly: "Then don't blame me for being impolite."

Yang Rong silently took out a pair of handcuffs and put them on Yan Li. Then, the futuristic policewoman from interstellar space and the magical fairy from Magic Castle conducted an inhumane interrogation of the despicable thief, and finally retrieved the gene fluid and magic potion respectively.

...

The following day, Yan Li first went to Tudou.com to take charge, reassure employees, and listen to reports from various senior executives.

One issue is internal personnel. At the top level of Tudou.com, Wang Wei's influence has been almost completely eliminated, but should the middle level be touched?
Yan Li thought for a moment and shook his head: "Without a leader, the rest of the group won't amount to anything. If they make too many moves and target too many people, it could easily cause panic throughout the company."

"Let's keep a close eye on those who are standing out. Then promote some of our own people. Overall, the focus should be on appeasement and stability."

Another issue is funding. Tudou.com is eager to go public, largely because it lacks funds.

If Tudou.com's IPO fails or is delayed, the company's cash flow will be severely strained, or even dry up. Yan Li needs to make arrangements as a precaution.

"You don't need to worry about that. I've already secured a bridge loan, so even if the IPO is delayed, the company won't have to worry about funding."

In terms of fundraising ability, Yan Li can easily outdo Wang Wei. With Yan Li in charge, Tudou.com certainly isn't as strapped for cash as it used to be.

As for why it's a loan, rather than direct financing.

The reason is that they are about to go public and can't raise funds, and the various shareholders probably won't accept it to avoid losses on their shares. It's better to just take out a loan, which is simpler and less troublesome.

After the two meetings were over, Yan Li kept two core executives behind to discuss Tudou.com's stock options with them.

It was only after being alerted by the intelligence system that Yan Li realized that Wang Wei's stock options had planted such a huge time bomb for him and Tudou.com.

This issue is rather complicated to explain, but let's put it this way: if it's not handled properly, the better Tudou.com's performance and profits are after its IPO, the worse its financial statements will appear.

Tudou.com had previously recognized this key issue, but for various reasons, Wang Wei ultimately failed to resolve it.

It was just a stopgap measure that could barely get the company listed, but once it went public, potatoes would still suffer as a result.

Wang Wei is like that; when faced with critical issues and moments, he hesitates, becomes indecisive, dares not take risks, and is unable to accept certain costs.

Now that Yan Li is in charge, he's much more decisive. No matter the cost, he has to get rid of this problem before the company goes public.

Even if Tudou.com doesn't perform well for a while after its IPO, there will be opportunities to make up for it later. But if this problem isn't resolved, the better Tudou.com develops, the more it will suffer, and sooner or later it will be dragged into the abyss.

After discussing options and specific action plans, Yan Li tidied himself up, changed his clothes, and attended the press conference.

Tudou.com is undergoing major changes at the top, and with its IPO at this crucial juncture, it needs to provide an explanation to the public.

Yan Li also wanted to leverage his personal influence to bring some benefits to Tudou.com, so he naturally had to make public appearances.

The press conference was held in a press reception room at Tudou.com's headquarters. Normally, Tudou.com would just invite a few relevant media outlets to hold similar press conferences and release an article to the public. There was no need for a large-scale event. Only when necessary would a special event be held.

But today is different. Potato has changed hands, and it's still Yan Li, this influential figure, who is attracting a huge number of reporters.

The press room was packed with people; print media, online media, and television media were all there, and there were even foreign journalists.

The Tudou.com executive in charge of the press conference was sweating bullets, because Yan Li's request was to keep it quick and simple, and he hadn't made many preparations. He had simply arranged to hold the event at the usual location, never expecting so many reporters to show up.

The new boss has made such a huge mess right after taking office. Will he also be forced to leave?
Yan Li didn't take it too seriously. Although the venue was small, it didn't crowd him. Now was not the time for Tudou.com to make a scene.

As Yan Li stood in his seat at the press conference, before he could even speak, the room was filled with the crackling of flashing lights, prompting him to make a joke.

"If I had this many people taking pictures of me on the red carpet, I would be an international superstar."

Some of the reporters at the scene chuckled. In the entertainment industry, it's hard to say whether Yan Li is considered a top-tier star, but in the financial field, Yan Li is definitely a superstar who attracts industry attention.

Yan Li didn't waste any words or use a host; he started his own introduction directly.

Wang Wei, the former chairman and CEO of Tudou.com, resigned, and after a vote by the board of directors, he personally assumed the role of the new chairman and CEO.

Yan Li, representing Tudou.com, thanked Wang Wei for his long-term dedication and hard work, and expressed his commitment to doing his best to lead Tudou.com out of its predicament and towards victory.

After the introductions were finished, it was time for the Q&A session. All the reporters were raising their hands, and Yan Li glanced at them.

"Ask the Weibo user first."

The Weibo reporter glanced smugly at his colleagues; the interviewee was his own boss, who could possibly compete?

"Chairman, could we schedule an exclusive interview?"

The Weibo reporter, not content with just one opportunity, immediately demanded an exclusive interview, drawing boos from other reporters.

Yan Li also shook his head: "We're not considering an interview for now. Any other questions? If you're not going to ask, we'll find someone else?"

"Ask, ask, ask."

A Weibo reporter asked, "Chairman, does this acquisition of Tudou.com mean that Tudou.com will have closer ties with Weibo and YiAn Club in the future?"

"Yes."

Yan Li nodded: "Actually, the three companies have always had a close relationship, exchanging shares and forming a strategic alliance, but I still think there is more room for cooperation."

"Soon I will contact the senior management of the three companies to hold a cooperation meeting and explore ways to achieve closer and more stable cooperation."

The collaboration between the three companies is beneficial to each of them.

Putting aside everything else, yesterday's announcement of Yan Li's takeover of Tudou.com almost caused Yi'an's stock price to hit the daily limit, and it also performed exceptionally well in the morning session today.

Anyone with a sharp mind understands the significance of the deep integration between Tudou.com and Yi'an.

If the three companies hadn't already revealed their intentions and hadn't swapped shares with each other, forming a deep bond, Yan Li's takeover would only be icing on the cake, a step up, and not a shock. Otherwise, Yi An's stock price would have risen by at least several tens of percent.

Even now, this is a major positive development. At least for the foreseeable future, holders of Yi'an stock should be beaming with joy.

Then came the questions from other reporters, who were much more incisive than the gentle questions from the Weibo reporters.

However, Yan Li, having been in the business world for many years, was no stranger to this situation and handled it with ease. He also used this opportunity to express that the change of leadership at Tudou.com was a great thing.

When Yan Li arrives, the God of Wealth arrives!

With Yan Li here, the trouble is over!
Yan Li is here! Tudou.com is about to take off!!!
Capital also considers public opinion. If you create momentum, even bad things can turn out well. But if you don't create momentum for yourself and let the outside world comment, saying whatever comes to mind, and if you run into a few clever people, even a good thing can be ruined.

Over the years, Yan Li has come to understand two tricks: the "surpassing the worst" method and the "winning strategy."

The capital market loves to win, so it will try every possible way to "win"...

(End of this chapter)

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