Reborn: Billionaire in College
Chapter 459 Zhang Yiming’s new project! A short video to rival Kuaishou?
"It feels like time flies. A year has passed and it's almost December." In the evening, Chen Pingjiang accompanied Yan Yan for a walk in the community and immediately felt a slight chill.
The residents of Yanlan Mansion are relatively high-end, so you don’t have to worry too much when taking a walk here.
"Yes, Christmas is coming soon." Yan Yan sighed casually and looked up at the sunset.
"The due date is probably August next year? It wouldn't be interesting if it falls on my birthday." Chen Pingjiang asked with a smile.
Fortunately, with Chen Pingjiang's unremitting efforts, Yan Yan finally became pregnant.
However, Yan Yan's pregnancy reactions are quite severe, and she looks a little thinner recently.
During this period, Chen Pingjiang was very busy.
He had to avoid Yan Yan's sight and go see Ge Mengshi's children, but he also couldn't forget Cong Nini. Even when Zhang Xinyue gave birth to a daughter, Chen Pingjiang took time to visit her in the hospital.
Fortunately, everyone's life is fine, so Chen Pingjiang doesn't have to bear more pressure.
But this makes it difficult for Xu Fangjuan and Chen Guangming.
The two old men fought guerrilla warfare every day, moving to another place after each shot.
Cong Nini is the one who goes there the most. Now Cong Nini has a good relationship with Xu's mother.
As for Zhang Xinyue, the parents of both parties have not met yet.
After three rounds of internal testing, PlayerUnknown's Battlegrounds will be officially launched in China in half a month.
The negotiations with Valve have already ended, and it is expected to be launched on the Steam platform in a month.
Currently, Renren.com is carrying out intensive preparations.
The online car-hailing war between Gaode and Uber is still in full swing.
Facing Uber's fierce offensive, Amap took firm defensive measures.
No matter which city Uber entered, it was unable to achieve success, with only minor results.
At present, the overall order ratio in the domestic online car-hailing market remains at 8 to 2, and AutoNavi has a clear advantage.
As the saying goes, the first effort is strong, the second is exhausted, and the third is weak.
Uber has been unable to gain market share for a long time and is still desperately providing subsidies, and it seems that it is running out of steam. Currently, the Liu sisters are desperately trying to get the next round of financing, but the progress is not very smooth.
Time is on Chen Pingjiang's side, so he is not in a hurry.
…………
The next day when I came to work at Renren, several important things suddenly came up.
Looking at the invitation letter in his hand, Chen Pingjiang smiled excitedly.
This is the invitation letter for the first Internet Conference, which will be held in Wuzhen in November next year.
The reason why the invitation letter was sent out so early was to give Chen Pingjiang enough time to make his speech.
The second thing was brought by Zhang Yiming.
"Mr. Chen, there's an app that's very popular recently. Have you heard of it?"
Zhang Yiming is in charge of Toutiao and everything is going smoothly for him.
But he always has an ambition in his heart to truly establish a world-renowned enterprise, at least at the level of RBAT!
But Toutiao clearly cannot carry out its ambitions.
Zhang Yiming had thought about quitting his job and starting a new business, but after thinking about it, he gave up.
One thing is that Chen Pingjiang treated him well. The second thing is that after seeing Chen Pingjiang's vision and his terrifying business empire, Zhang Yiming still felt that it was nice to be under the shade of a big tree.
When Chen Pingjiang heard the long-missed familiar yet unfamiliar name of Kuaishou, he was a little puzzled.
I have the impression that Kuaishou and Douyin are products of the same era, but it’s only the end of 2013 and Kuaishou has already come out?
"I haven't paid attention to it recently. What do you do?"
Zhang Yiming introduced: "Speaking of Kuaishou, we can't do without your Weibo and Renren." Chen Pingjiang: "?"
"Kuaishou's original CEO Cheng Yixiao founded GIF Kuaishou, mainly using Weibo and Renren communities as application scenarios. Weibo was rising at that time, and the content produced by Kuaishou spread rapidly on Weibo, completing the initial user accumulation. However, in the first half of this year, Su Hua led the entire team to join Kuaishou. In the middle of the year, Kuaishou transformed from a tool to a short video community and was officially renamed "Kuaishou."
Hearing this, Chen Pingjiang was suddenly at a loss whether to laugh or cry.
History does have inertia and will always return to its correct path.
Even though Renren and Weibo have become their own industries, Kuaishou still appeared as expected, even earlier and did better.
If he had known this, Chen Pingjiang would have banned her long ago.
“Short video community?”
Zhang Yiming nodded and said, "Yes, it can be regarded as the mobile version of YouTube, except that YouTube is a long video, while Kuaishou is a short video of 1-2 minutes. The content is mostly about users recording interesting things around them. I think there is great potential for this, and we can do it too."
History has once again returned to its right track.
Chen Pingjiang originally planned to wait for two years, until the network speed increased and the traffic costs decreased, before personally taking charge of the Douyin project. However, he did not expect that Zhang Yiming had already set his sights on the short video project, and came earlier and faster.
After a few seconds of hesitation, Chen Pingjiang thought about it and asked seriously, "Do you want to do it yourself?"
Zhang Yiming nodded vigorously, his eyes revealing firm confidence and ambition.
"Okay, I'll give you a plan. You leave Renren and keep Toutiao on Renren. I'll assign you a team and you can share all the internal resources of Renren. I'll invest part of the money myself and Renren will invest part of the money, and you'll be the CEO."
Seeing the desire in Zhang Yiming's eyes, Chen Pingjiang worked out this best of both worlds plan without hesitation.
Zhang Yiming is different from Li Xi and Gao Songbin. The latter two were brought up by himself. When he met them, they were still poor students with no money.
But Zhang Yiming has a strong team, technology and rich entrepreneurial experience.
The dragon cannot be trapped. Instead of keeping Zhang Yiming in Renren and depriving him of the opportunity to work on the Douyin project himself, it is better to hand it over to him and let him do it himself.
This will not only motivate Zhang Yiming to make better products, but also provide an explanation to Renren's shareholders.
Chen Pingjiang can indeed create his own Douyin, and I believe he can succeed without Zhang Yiming.
But Zhang Yiming is likely to run away.
In addition, even if Zhang Yiming incubates Douyin within Renren, it will be fine in the early stages, but there will definitely be trouble in the later stages.
Just imagine, the size of Renren has spawned another Renren.
With the success and internationalization of TikTok, can Zhang Yiming be inferior to Li Xi? Is he willing?
Instead of doing this, it would be better to take a step back and help Zhang Yiming get on the horse.
This is the political strategy of being a leader.
After hearing this, Zhang Yiming was stunned, and then his breathing became rapid, with a mixture of surprise and joy.
"Mr. Chen... Mr. Chen, I'm telling you this. It's not that I want to do this. It's... ah, no, I do want to do this, but I can also do it in the name of Renren."
Zhang Yiming was so excited that he began to stutter.
When he came to meet Chen Pingjiang, he originally only intended to incubate a short video project within Renren.com, and he never dared to think about actually starting a business.
But Chen Pingjiang came up with a big move and made an extremely tempting proposal.
Being your own boss, having the final say, and controlling a company is a completely different concept from being someone else’s vice president!
Moreover, the funding and resources issues have been resolved.
Renren has so many promotional channels.
Isn’t this a win-win situation without any effort?
Chen Pingjiang smiled: "Why, do you want to refuse?"
"Ah, no!" Zhang Yiming waved his hands repeatedly. Only a fool would refuse such a good opportunity.
"Okay, let's talk about equity." (End of this chapter)
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