Internet moguls are being held hostage by the entertainment system!

Chapter 265 Douyin's Live PK Feature Launched
After finalizing the details of Douyin's Series B financing, Zhang Yiming gave Chen Xiu another suggestion.

"Why don't you do a live stream?"

What are you livestreaming?

"Let's talk about Douyin's current achievements and future development plans, promote new features... Basically, it's to warm up for the Series B funding round and boost its popularity."

Zhang Yiming smiled with narrowed eyes, but what he was thinking was: Show, we spend tens of millions to hire a celebrity to endorse us, and the effect may not be as good as your live broadcast. We have to make use of this ready-made traffic!

Chen Xiu didn't seem to care much about the suggestion.

"Okay! Prepare the draft, and it can be done tonight."

"Why would we need a draft? Su Xiao's summary is already ready!"

Su Xiao picked up the documents on the table and handed them to Chen Xiu.

Chen Xiu reached out and tapped on the folder, then said to Zhang Yiming, "Live streaming is fine, but I need your cooperation..."

……

Hello everyone! I'm Chen Xiu.

Wearing a white round-neck undershirt, a light gray pinstripe suit jacket, and black trousers, Chen Xiu exudes a cool and intellectual aura.

Compared to the previous two noisy live streams, this time he simply sat alone on the sofa, exchanging simple greetings with the viewers in the live stream room, just like the opening remarks of a personal stand-up comedy show.

After exchanging pleasantries, Chen Xiu smoothly transitioned into today's topic.

"The reason I'm doing this live stream today is mainly to report to everyone on my recent work situation."

Speak slowly, with a gentle attitude and humble wording.

In the live stream, with over 8 viewers online at any given time, many started sending comments when Chen Xiu said the word "report".

"What makes me worthy of having a billionaire report to me?"

"Mr. Chen is so generous! Wishing you a million-dollar annual income!"

Are there any new dramas about to be released?

"..."

Although Chen Xiu rarely participates in variety shows and has few acting credits, netizens are quite familiar with him.

Especially in her two recent live streams, Chen Xiu brought Ma Yun and Wang Xin on camera, giving netizens the impression that she was very friendly and down-to-earth.

"Some netizens said, 'I wish you a million-dollar annual income'... Haha, thank you, I wish you a million-dollar annual income too."

Chen Xiu picked out a prominent comment to respond to and continued, "Today I want to report to everyone on the work I'm going to do, which mainly concerns the current development of Douyin and does not include my personal work in the entertainment industry."

"Many netizens who watched my last live stream should know that my first startup was Didi. Due to some reasons, I left Didi and founded Douyin."

Two years later, Didi is being dragged out and criticized again.

If Cheng Wei were watching the live stream, he'd probably be cursing Chen Xiu in his mind.

This matter was actually a thing of the past for Chen Xiu, but since the live stream still needed to warm up the audience, she brought it up again without going into detail.

"Douyin has been established for exactly two years now, and the company size has grown from dozens of people to hundreds of people. If you include overseas branches, it's over a thousand."

Chen Xiu summarized the development history of Douyin, but this is not the focus today.

"In the first quarter of 2017, Douyin was downloaded 4580 million times on the Apple App Store, surpassing Facebook, YouTube, Instagram, and others to become the most downloaded Apple mobile application in the world."

This report uses data to speak for itself.

Viewers in the live stream chat were all typing "Awesome, Boss Xiu (Chen)!" in the comments.

After filling the cups, Chen Xiu began to introduce Douyin's new features as planned: "Many friends are familiar with Douyin's live streaming function. Now I'm going to introduce the live PK function that will be launched at the end of the month."

"This live PK is an interactive feature between streamers. Both sides can interact in real time through split-screen mode, and fans can also support their live stream by liking it."

As she spoke, Chen Xiu reached for her phone and, in front of the tens of thousands of viewers in the live stream, used the live PK function for the first time.

The live stream page paused for a moment, then quickly went black and then brightened again. Chen Xiu's live stream room appeared to have shrunk by two sizes, and another live stream room of the same size appeared next to it.

Before netizens could even identify the new livestream host, Chen Xiu had already greeted them: "Hello! Yiming, good evening."

"Good evening, and hello to all the viewers in the live stream."

Facing the hundreds of thousands of viewers in Chen Xiu's live stream, Zhang Yiming smiled very shyly.

If Chen Xiu hadn't dragged him along to test the live-streaming PK feature, Zhang Yiming probably wouldn't have been very willing to start his own live stream.

"Let me introduce you. Zhang Yiming is the president of Douyin Company (Su Xiao is the CEO), and also one of my most important entrepreneurial partners."

"Hmm? One of them?"

Zhang Yiming repeated the last two words, then looked at Chen Xiu in disbelief, as if asking him, "How come there are other people?"

Chen Xiu's answer was also very direct: "Yes! Everyone is important, but your position is very close to the front."

"Ok."

Zhang Yiming nodded, quite satisfied with the answer.

Seeing how "cute" this big shot was, netizens flocked to search for Zhang Yiming's account and went to his live stream to give him likes.

Although Zhang Yiming's social skills were somewhat lacking, under the deliberate guidance of the experienced Chen Xiu, their live-streamed PK still went very well.

The purpose of Douyin's new feature was thus promoted.

At the end of the live stream, Chen Xiu also announced the date for Douyin to launch its Series B financing round.

...After the live stream ended and she left Yingdu Building, Chen Xiu posted a rare message on her WeChat Moments with the caption: Recording a small achievement!
Then, he posted a comment below: Douyin (TikTok) Q1 Apple Store download number one globally.

After posting on WeChat Moments, Chen Xiu went straight back to Qingqin in Xiangshan. Meng Ziyi, who was watching the live stream at home, pounced on him like a hungry tiger as soon as he entered the door...

"Phew~, Brother Xiu, are you alright, something's wrong with your health?"

"Um???"

Chen Xiu looked bewildered as Meng Ziyi stared at him with a suspicious gaze.

These days, even "long time" is problematic?
With a charming smile, a blush on her face, and her radiance even more captivating, Meng Ziyi became shy when she met Chen Xiu's gaze.

“Your condition is above the normal standard. My mom says it’s a medical condition, and you should get it checked out.”

"No, you're telling your mom this?"

"No, no, I wasn't talking about you. I was talking about my best friend and her boyfriend!"

"..."

Chen Xiu looked speechlessly at Meng Ziyi, who was waving his hands repeatedly, and thought to herself: Intelligence isn't your forte. What's the difference between this and admitting guilt? Do you think your mother would be fooled by you?

After being looked at like that by Chen Xiu, Meng Ziyi also realized that her best friend's smokescreen was not so convincing.

"Um, how about I go and tell Sister Qian that it wasn't you?"

"Pfft~ Hahaha!"

Normally, Chen Xiu wouldn't laugh, unless it was something like now, when she really couldn't help it.

"why are you laughing?"

"I just remembered something happy. My live stream today went exceptionally well on Douyin... Hahaha!"

"Sister Qian also watched your live stream, which is why she suddenly contacted me and asked about our relationship recently."

"Oh, then I'll send her a message."

Chen Xiu picked up his phone from the bedside table, opened WeChat, and was about to search for Wang Qian's WeChat ID when a dozen unread messages and dozens of interactive posts on her Moments immediately stole his attention.

The unread messages are mostly just a bunch of congratulations, nothing new.

The interactions on WeChat Moments can be quite interesting.

Aside from the majority of likes, the comments were incredibly diverse, reflecting a wide range of emotions.

Cheng Wei: "Why can't we get over this Didi issue?"

Wang Xin: "Seeing your post on WeChat Moments, all sorts of catchy tunes instantly started playing in my ears (facepalm emoji)"
Zhang Yiming: "Kuaishou's head-on confrontation and Weishi's video copying cannot stop Douyin's progress!"

Weishi, which was supposed to be abandoned by Tencent's strategy, has also received full attention from Tencent this year after Chen Xiu launched Douyin ahead of time and it grew rapidly.

Weishi, which was founded in 13, did not make much progress in the first three years. Even though it has received attention from Tencent this year, it is impossible for it to transform itself and become bigger and stronger in a short period of time.

In order to achieve results as soon as possible, the person in charge of Weishi could only resort to Tencent's traditional skills and copy short video content from Douyin.

After receiving feedback from dozens of top bloggers, Chen Xiu made a phone call to Liu Chiping, which finally ended the farce.

This wasn't a big deal to begin with; Zhang Yiming came to comment on Chen Xiu's WeChat Moments and even joked about it privately, so it wasn't a big deal.

But the amazing thing is that this comment was seen by another person, who even responded to it.

Pony Ma replied to Zhang Yiming: "This can be interpreted as defamation."

This reply is fresh off the press, still warm.

Having already imagined what Zhang Yiming's expression would be, Chen Xiu chuckled and casually typed out a reply to Pony Ma.

"He's probably just too happy and venting. He's still up so late, is he worried about losing muscle?"

After sending the message, Chen Xiu scrolled down a few more times and felt that the comments in the internet circle were quite down-to-earth, while the comments in the entertainment circle were just competing to be more awkward and cheesy.

Fortunately, the two circles don't overlap much; otherwise, if these comments were seen by people in the internet circle, Chen Xiu would feel embarrassed.

After reading all the comments, Chen Xiu was about to leave when Pony Ma's comment came again, this time it was for him.

"Don't talk to me about muscles, let's talk about Mobike! You introduced us to the market, then ran off first, what's going on?"

After staring at the comment for two seconds, Chen Xiu immediately replied.

"Investing is all about timing and expectations. When my expectations are met, of course I'll exit."

Why didn't you give us a heads-up?

"I have faith in your expertise."

"You guys? Aren't you a shareholder?"

"I can't exactly say I believe in our expertise, can I? That sounds a bit grammatically incorrect."

"You're not leaving early again this time, are you?"

Seeing Chen Xiu typing rapidly on his phone, Meng Ziyi patted him on the shoulder suspiciously.

"Hey Xiu, what are you and my mom talking about so late at night? Why are you having such a lively chat?"

"I wasn't talking to your mom, I was talking to a guy..."

"Oh, huh???"

(End of this chapter)