Internet moguls are being held hostage by the entertainment system!

Chapter 367: Zhang Wei arrives at the door, Wang Wei is astonished.

The news that TikTok raised $10 billion has caused quite a stir in the internet and finance circles.

However, what surprised both circles even more was...

The day after the funding round ended, Tencent publicly announced that WeChat would no longer restrict the sharing of video links from external apps.

This statement is clearly announcing to the public that Tencent has reached a truce agreement with Douyin. Given that Tencent is among TikTok's investors, it's not hard for onlookers to imagine the contents of the agreement.

These two news items have had a huge impact on people working in the internet industry.

They were amazed by the speed of Douyin's development, but even more surprised by Penguin's concession.

It's important to understand that Tencent has always been a dominant force in the internet industry, always the one bullying others, with very few other companies daring to challenge them.

The last one who chose to confront the penguins head-on almost got executed across the vast distance between North and South...

Faced with such a powerful penguin, Douyin not only dared to challenge it, but judging from the result, Douyin seems to have won, and the penguin was the one who backed down!

This situation has forced people in the internet industry to look at Douyin from a different perspective.

At the same time, Chen Xiu also received unprecedented attention.

His journey in founding Douyin was made into short videos by some self-media bloggers and used to compare it with Didi.

Why compare it to Didi?

Because it took Chen Xiu three and a half years from founding Didi to leaving Didi, and Douyin was founded in just over three years.

Such symmetry, such achievements, such outstanding individuals—it's simply the perfect subject matter for short videos…

Chen Xiu didn't pay much attention to these things; his focus was entirely on his work.

After several rounds of internal meetings and negotiations with Light Chaser Animation, Datang Pictures finally decided to acquire 51% of Light Chaser Animation's shares for RMB 6.2 million.

After the transaction is completed, Datang Pictures will not interfere with the daily operation and management of Light Chaser Animation.

From now on, all projects of Light Chaser will have to be evaluated by Datang Pictures before they can be approved. Employee promotions and departures will also be handled by the CHO (Chief Human Resources Officer) appointed by Datang Pictures.

In summary, Datang Pictures took away the three decision-making powers of business, finance, and human resources from Light Chaser Animation, while leaving the remaining management authority to the original organizational structure.

After everything was settled, the signing date was set for June 20th, and Wang Wei would personally come to Datang Pictures to sign the contract.

However, earlier that day, Chen Xiu received a call from an old friend.

Looking at the note displayed on his phone screen, his rarely surprised face showed a clear look of astonishment this time.

Chen Xiu finally answered the phone after it rang for the fourth time: "Hey, Wei-ge, what made you suddenly think of contacting me?"

"Are you free? I'd like to invite you to dinner."

"I'm at the company, I have something to do."

"Then should I go to Douyin to find you?"

"The other company is called Datang Pictures. Do you know where it is?"

"I know, see you later."

The communication process is that simple.

Chen Xiu didn't ask Cheng Wei why he wanted to see her; she simply felt that it was no problem to take some time to see an "old friend."

Anyway, he had no other plans for today besides signing the contract with Wang Wei.

Chen Xiu didn't pay too much attention to Cheng Wei's sudden call. After hanging up, he turned on his computer and started searching for information about Tesla.

When I see Google filled with news about Tesla's insufficient production capacity, loan maturities, and pessimistic outlook from investors.

And on April Fool's Day, when Musk posted a picture on Twitter of himself drunk next to a Model 3, Chen Xiu's eyes darkened and her lips slowly drooped.

It seems the time to buy at the bottom has arrived...

Some coincidences always catch people off guard, but they are not serious.

For example, the time when Wang Wei came to sign the contract coincided perfectly with the time when Cheng Wei came to visit.

Without hesitation, Chen Xiu instructed Wei Feng to first receive Cheng Wei and have him wait in the meeting room until the contract was signed, after which she would meet with him herself.

Wei Feng first served as Chen Xiu's assistant during the Didi era, so he knew Cheng Wei.

When Wei Feng saw Cheng Wei at the door, a hint of surprise flashed in his eyes. He thought to himself, "He's gotten so much fatter..."

"Brother Wei, it's been a long time!"

"Hehe, Xiao Feng, I heard you're now the deputy general manager of Datang Pictures?"

"Yes! Why don't we go inside and talk? Brother Xiu is dealing with work and needs a little more time."

"Okay, you can arrange it."

Cheng Wei was not familiar with Wei Feng, and Wei Feng only dealt with Chen Xiu, so the polite greetings between the two seemed extremely awkward.

Just as they were walking toward the meeting room, Chen Xiu met Wang Wei in her office.

Despite it being their first meeting, he sensed a deep resentment and frustration emanating from Wang Wei.

This made Chen Xiu curious, so she asked, "Mr. Wang, are you in a bad mood?"

"It's alright, let's not waste any more time, let's just sign the contract!"

Wang Wei waved her hand, indicating that there was no need to say more.

Chen Xiu glanced at him, but wasn't angry about such a small matter. The two sides weren't familiar with each other, and Wei Feng, Zhong Lifang, and Wang Wei had handled the previous negotiations. The terms had already been agreed upon, so since he wanted to finish quickly, Chen Xiu was naturally happy to oblige.

"OK, let's confirm the contract then."

"Okay, let's look at the contract."

When Wang Wei was checking the contract, he still looked like someone owed him money.

After confirming that the terms of the contract were correct and the lawyer notarized the contract, Chen Xiu and Wang Wei signed their names together.

From then on, Light Chaser Animation officially became a subsidiary of Datang Pictures.

After all the formalities were completed, Wang Wei frowned and approached Chen Xiu privately: "President Chen, why isn't President Wei, who was in contact with me the previous times, here today?"

"He was greeting another guest on my behalf."

"I want to see him, can I?"

Why would you want to see him?

Chen Xiu looked at Wang Wei with a hesitant expression. Judging from his tone, it was no good news that he had come to see Wei Feng.

Wang Wei's expression froze for a moment, then she explained with a slight smirk, "When I was negotiating with President Wei before, I felt like we were kindred spirits. Now that things have finally come to a conclusion, I wanted to invite him to dinner and have some drinks."

"Hmm? Why do I feel like you're not saying what you really mean?"

"will not."

"It doesn't matter. If you want to invite him to dinner, that's fine. But forget about drinking. Wei Feng can't hold his liquor. If you really want to drink, I can arrange for someone else to go with Wei Feng."

After all, a contract was signed today, so in Chen Xiu's view, it was only right to have a meal and drinks.

Wang Wei, who wanted to vent her anger over drinking, immediately agreed when Chen Xiu softened his stance.

“Sure! Then let Mr. Wei and the person you mentioned come together. I’ll treat them to dinner.”

Wang Wei thought to herself: I've been in the business world for so many years, I don't believe I can't get two young people drunk!

Chen Xiu gave him a strange look: "Okay! I'll take you to find him. The guy who was drinking with you is called Xiong Ben. He's good friends with President Wei and me."

“This is better!”

Seeing an opportunity to retaliate against Wei Feng's insolence, Wang Wei's dark face lit up again.

Seeing Wang Wei's enthusiasm, Chen Xiu thought for a moment and decided not to mention Xiong Ben's incredible drinking capacity, and let Wang Wei enjoy herself for a while longer.

The two left the office one after the other and went to the reception room.

Chen Xiu knocked twice on the door politely, then pushed it open and entered, with Wang Wei following closely behind.

Upon entering, before Wang Wei could even check out the surroundings, Chen Xiu had already gone to greet the people inside: "Brother Wei, how come you... have gained so much weight?"

"Uh...hehe, I'm just overweight from overwork."

"You're exaggerating a bit. Pay a little attention to your diet, exercise more, and work less late nights and overtime."

Chen Xiu's tone was like reminding an old friend she hadn't seen in a long time to take care of his health, a mix of concern and teasing that wasn't awkward at all.

Cheng Wei chuckled and patted his belly, which was stretched into a ball shape by his shirt, then looked enviously at Chen Xiu's broad shoulders and slim waist.

The two had barely finished greeting each other and hadn't even had a chance to continue their pleasantries when a startled voice came from behind Chen Xiu.

"Are you Cheng Wei? Cheng Wei from Didi?"

Chen Xiu and Cheng Wei turned around and saw Wang Wei standing there with her eyes wide open, her eyes filled with astonishment.

Cheng Wei looked at Wang Wei with a puzzled expression, then, remembering that he had come in with Chen Xiu, he explained, "Yes! I am Cheng Wei, the CEO of Didi. And you are?"

"Wang Wei is the founder of Tudou.com, the current CEO of Light Chaser Animation, and a partner of Datang Pictures."

Chen Xiu raised her hand and introduced Wang Wei.

Cheng Wei nodded in realization, and was about to say something when Wang Wei raised her hand to indicate that she had something to say.

As an entrepreneur who has started two businesses with less than ideal results, Wang Wei has a strong mental fortitude. The reason she lost control just now was simply because she was too surprised, but she has already recovered.

Wang Wei glanced at Chen Xiu and Cheng Wei, her tone softening, but still sounding surprised, and asked, "As far as I know, you two seem to have co-founded Didi, and then after Didi merged with Kuaidi, Mr. Chen and his team left Didi and founded Douyin, is that right?"

"The general content is fine."

"Then why do you two seem to have no barriers between you? I don't quite understand."

Wang Wei stared at the two of them in disbelief, completely unable to imagine how they got along like this, and it didn't seem like it was just for show.

When Wei Feng and Zhong Lifang went to Light Chaser Animation to negotiate, he put himself on the same level as Chen Xiu, believing that they were both failures who were driven away in their first venture.

As a result, Wei Feng's words completely overwhelmed him.

He had always believed that Wei Feng was merely using words to cover up Chen Xiu's failure, but the scene before him proved that Wei Feng's words were true, and that Chen Xiu's departure from Didi might indeed have been voluntary...

Seeing Wang Wei's values ​​being greatly impacted, Chen Xiu frankly said, "I left Didi, so why should I cut all ties with Cheng Wei? Isn't that exhausting?"

So...you're still friends?

Chen Xiu remained silent, but lightly punched Cheng Wei in the stomach.

"What do you think?"

(End of this chapter)