Internet moguls are being held hostage by the entertainment system!

Chapter 309 Investing in Xiyin, Xiaotian lying in wait outside
"Thank you everyone, this live stream has now ended!"

Chen Xiu, along with the main creative team of "Better Days," bowed to the camera.

The live stream room was completely shut down, and the stage manager quickly walked over.

Before he could even get close, Chen Xiu asked, "How's the data?"

"Mr. Chen, this live stream lasted 1 hour and 10 minutes, with a total of 500 million viewers, a peak of 35 concurrent viewers, and movie ticket sales totaling 3054.54 million..."

Upon hearing this string of numbers, Chen Xiu's eyes lit up immediately.

Since its inception, today's live stream was the most commercially driven one on Douyin, with sales exceeding 3000 million yuan, proving that Douyin's live-streaming e-commerce has a promising future.

The four people standing behind Chen Xiu, including Zeng Guoxiang, all showed joy on their faces after hearing that the movie tickets had sold for 3000 million.

They know that the movie tickets sold during today's live stream will be based on tomorrow's or the day after tomorrow's box office figures.

The more copies a film sells, the higher its box office will be, and the more benefits the creative team will enjoy.

After listening to the data report, Chen Xiu gave a brief instruction to the stage manager, then turned around and faced Zeng Guoxiang and his three companions.

"It's 11:20 now. I was supposed to treat you to lunch, but I have a meeting that I don't know when it will end, so I'll have to make a note of lunch for now and we can make it up to you when you come back from your roadshow."

"Better Days" will be officially released tomorrow, and the creative team will also launch a nationwide roadshow at the same time.

Zeng Guoxiang took Chen Xiu's suggestion of having dinner as mere politeness and didn't take it to heart.

After exchanging pleasantries with the four people, Chen Xiu saw them off from the live broadcast room and then went to her office to prepare for a meeting.

Watching Chen Xiu's departing figure, Zeng Guoxiang and the others exchanged glances, shrugged, and then walked towards the gate led by the others.

After leaving Douyin Company, the group said their goodbyes, agreed to meet at the airport the next day, and then went their separate ways.

Ten minutes later, one of the people who had just said goodbye returned the way they came and went back into Douyin Company.

……

"...Regarding TikTok's overseas e-commerce strategy, investing in a company of a certain size is more cost-effective than building its own platform."

Based on the direction set at the last meeting, Su Xiao moved to the next slide of the PowerPoint presentation and continued:
"Based on our needs, I came across an international B2C fast fashion e-commerce company called Shein. They mainly sell women's clothing, while also offering men's clothing, children's clothing, accessories, shoes and bags and other fashion items."

“Last week, I contacted Shein’s CEO, Xu Yangtian, and learned that Shein plans to fully enter the global market next year. He was very interested in my proposal to have TikTok provide traffic support and help promote the brand through strategic investment.”

"I haven't discussed the specifics of the investment with him yet, and Xu Yangtian doesn't seem too keen on talking to me about it either."

At this point, the presentation stopped at the last slide, and Su Xiao turned her gaze to Chen Xiu.

Chen Xiu was taken aback for a moment, then realized what he meant and said, "He wants to talk to me?"

"Yes, he must have heard about your reputation from somewhere."

"It's probably because of the reputation that spread after the Dongxin dinner party."

Zhang Yiming added that there was some truth to what he said, because Chen Xiu had recently done something worth discussing.

Chen Xiu thought for a moment, then nodded and said, "OK, I'll go talk to him whenever it's convenient for him."

"It will probably be next month."

"Okay, then please help me contact them and let me know when the time is confirmed."

Chen Xiu knew more about Shein than Su Xiao and Zhang Yiming did.

So when he heard about this company, he started thinking about how to acquire more shares through investment, rather than whether or not to invest.

However, Zhang Yiming still took a more objective view of the issue: "Should we take a closer look at Shein as a company?"

"There's still time until next month, so we can study and discuss as we go."

Chen Xiu offered her suggestion, but in her heart she was certain of the necessity of investing in Shein.

Zhang Yiming nodded slightly, then asked about another matter: "Last time in Wuzhen, Ma Yun mentioned wanting to cooperate with us on overseas e-commerce. Has he contacted you again?"

“I did approach him, and he even wanted to represent Ali in Douyin’s Series C funding round, but I didn’t agree.”

"Did they not agree to cooperate, or did they not agree to invest?"

"None of them agreed."

Chen Xiu moved her shoulders, completely ignoring the olive branch extended by Ma Yun.

Zhang Yiming did not find anything wrong with this, and instead went on to mention another possible area of ​​cooperation.

"Xiu, do you think it's possible for us to cooperate with Pinduoduo?"

"Overseas e-commerce?"

"No, it's domestic e-commerce, using the live-streaming e-commerce model you just verified."

Zhang Yiming wore a Mickey Mouse-like smile, his small eyes filled with excitement.

Chen Xiu thought for a moment, then shook her head firmly: "Pinduoduo's market share is still insufficient, and there are many problems with the quality of its products. The worst thing about doing e-commerce is selling counterfeit goods. Let's take it one step at a time."

"Too."

Although he was given a cold shower, Zhang Yiming knew that Chen Xiu's concerns were valid, and he was indeed getting a little anxious.

After a moment's thought, Zhang Yiming asked again, "So, do you think we should have our contracted influencers promote this live-streaming e-commerce model again?"

"You'll have to ask the CEO."

Chen Xiu pointed at Su Xiao and said that the company's operational status should be asked of the person in charge of this area.

Su Xiao glanced at Chen Xiu, knowing that he felt he had poured cold water on Zhang Yiming, and that she would have to take over the second round.

Meeting Zhang Yiming's gaze, Su Xiao shook her head and said, "I think the live-streaming e-commerce model should be allowed to develop for the time being, without too much intervention, because we cannot control issues such as taxes, product quality, and logistics."

“The products Mr. Chen is selling in today’s live stream are movie tickets. There are no quality issues, and the taxes have already been included. Strictly speaking, today’s live stream can only be considered a collaborative promotion between Douyin and Maoyan Movies, not a genuine commercial sales event.” This statement was reasonable, well-founded, and logically clear, and Chen Xiu nodded repeatedly in agreement.

"That's what I mean too."

"..."

Zhang Yiming rolled his eyes at him, thinking: If you have something to say, just say it yourself. Why do you have to beat around the bush and have Su Xiao say it? Are you showing off your girlfriend to me?
Su Xiao suddenly said, "However, live-streaming e-commerce can be promoted in another way."

"Huh?"*2
Chen Xiu and Zhang Yiming both turned to look at Su Xiao, their eyes filled with the same anticipation and surprise.

Su Xiao's gaze swept over the two of them, then she glanced at Chen Xiu and said:
“We can cooperate with supermarkets like Walmart. Although the sales volume may not be very good, the quality of the products is guaranteed. Walmart’s delivery system is also very well-established, which is more suitable for us to promote the live-streaming e-commerce function.”

"I think it's feasible!"

Zhang Yiming quickly echoed.

Seeing that the two of them were looking at him, Chen Xiu said, "I also think this method is acceptable."

All three agreed, and the proposal was successfully passed.

After discussing the next steps for TikTok and Douyin, the meeting came to an end.

Chen Xiu glanced at the clock on the wall and realized that less than an hour had passed, much earlier than she had imagined.

Zhang Yiming didn't want to be a third wheel, so he left the meeting room early.

After closing the door, Su Xiao looked at Chen Xiu and asked, "You said you were going to the Penguin Annual Meeting last time, are you still going?"

“Pony already discussed the things we needed to talk about with me last time in Wuzhen. Tencent’s annual meeting is scheduled for tomorrow, and Pony will be coming over the day after tomorrow to attend the launch of NIO’s ES8. I will also be there. We can discuss anything then, so there’s no need to make another trip to Shenzhen.”

"See you at home tonight, you can go home now."

"Well, see you tonight."

Chen Xiu pouted and got up, just about to leave the meeting room, when Su Xiao suddenly called him back.

"Ziyi, haven't they contacted you yet?"

"No, I guess he's still angry."

"Yes, she definitely has reason to be angry. What are you going to do?"

"Let's wait a few days and see. I have some work to do right now, so I'll think about it after I've finished dealing with that."

"Tsk, that's a really lame answer."

"..."

Chen Xiu nodded silently, took a few steps toward the door, then suddenly stopped, wanting to ask Su Xiao why she didn't mind.
However, upon further reflection, Chen Xiu felt that this question was simply digging a hole for herself, so she turned to Su Xiao and said "See you tonight" before leaving the meeting room.

Seeing Chen Xiu casually close the door, Su Xiao also felt that his repeated use of the same phrase was somewhat unusual.

Recalling the troubled look on Chen Xiu's face when she turned around earlier, and considering the topic they were discussing, a complex emotion flashed in Su Xiao's eyes before she left the meeting room with a light laugh.

After leaving the conference room, Chen Xiu walked to the company gate. Just as he was about to leave, the receptionist called him back.

"Mr. Chen, someone is waiting for you."

"Ok?"

Chen Xiu was puzzled and turned around to ask who was waiting for him, but a person popped out from the side first.

Looking up and taking a closer look, although the person was wearing a hat and mask, their round, bright eyes and the same clothes as before made their identity obvious.

Chen Xiu frowned suspiciously and asked, "Xiao Tian?"

"Wow! Boss, you're amazing! You could even tell that!"

“We’ve been in the live stream for an hour, and you haven’t even changed your clothes…”

"oh oh."

Tian Xinwei nodded, finding the idea quite reasonable.

Chen Xiu, still suspicious, asked, "Why are you still here?"

"Hmm~~"

Tian Xinwei glanced upwards, then changed the subject, saying, "Boss, you always keep your word, right?"

"..."

Faced with this formulaic question, Chen Xiu pondered for a moment, and her answer became vague.

"Most of them can count, but they might tell a little lie occasionally."

"A liar wouldn't admit to lying from the start!"

Tian Xinwei protested, and then, before Chen Xiu could speak, explained why she was there.

"Didn't you just say you'd treat me to dinner next time we meet? Well, this is our next meeting!"

"...So you've been waiting here hoping I'll treat you to dinner?"

"Uh-huh."

Looking at the big-eyed, adorable girl nodding vigorously, Chen Xiu, feeling that she had made a mountain out of a molehill, chuckled and shook her head.

"Let's go then. I'm hungry too. What would you like to eat?"

"Anything is fine."

Chen Xiu walked ahead, and Tian Xinwei quickly followed, but then felt it wasn't appropriate, so she always lagged behind Chen Xiu by half a step...

(End of this chapter)