newbobooks Chapter 475 Price War, Compromise?
Chapter 475 Price War, Compromise?
In fact.
If Tang Yichen doesn't raise the price now, he will continue to raise the price.
When you have money, you naturally want to beat your opponents to death.
The price war was neither hot nor cold, and the long-term consumption was a time when people felt sorry for the money. But now that we have money, and the money comes from our own pockets, why not work hard?
As for what to do if the money is gone?
Continue to raise funds.
With the financing from the big boss Sun Zheng, in fact, he has received many calls from investment banks after the announcement was issued today.
Everyone wants to follow Sun Zheng’s footsteps and have a sip of soup.
Therefore, when there are so many people waving money to give him, he is very confident.
"Raise it another 30 percent!"
On the 8th, when Jiang Hua announced the price increase, Tang Yichen received a call from Lin Wei and said this directly.
Price war increases consumption, so we are not afraid of him raising prices, but we are afraid that he will not follow suit.
Since he followed, let's continue.
For a moment, the situation seemed to have returned to the time when Jiang Lihua first started the website, when the two websites had several rounds of negotiations.
Finally, Tang Yichen took the initiative to end the price increase by soliciting essays and turned it into a war of attrition.
Of course, it wasn’t that Tang Yichen had no money at the time, but that Tang Yichen wanted to spend more of his money in the long run, so he did this.
But now that he has raised funds, he can no longer spend the money in Jiang Lihua's pocket, so there is no point in continuing to spend it.
For a time, the two sides were at loggerheads, which made the online writers on the Internet collectively feel very happy.
Just like in the previous life, when there was a price war in domestic travel, the big and small Ma fought each other, and the users were happy. They didn’t have to spend a penny to take a taxi for a ride, and the drivers made a lot of money.
Now the two literary websites have similar ideas.
Starting with a series of price increases for creators, by the end of May, the benefits began to directly benefit readers. Reading for free could be part of a lottery, and the prizes ranged from computers and mobile phones to motorcycles and even cash.
Grab authors and grab traffic.
For a time, the daily active users of the two websites were rising steadily.
On May 25th, Tang Yichen Literature Network counted the daily active users, and the number reached 610,000 on that day.
Moreover, up to now, it is still growing at a rate of tens of thousands of daily active users.
There is no data on Tang Yichen from Jiang Hua's side, but it is estimated that it is about the same, mainly because the battle has reached this level and he has truly become popular.
Various media outlets are competing to report on it.
Many netizens who originally did not like reading novels on the Internet also went to the two websites to read books because they could participate in the lottery.
For a time, both websites became popular.
Some domestic media even claimed that this was the most intense wave of corporate price wars in China after the battle between Yanglai and KFC.
Moreover, this time, just like last time, it is mainland capital that is fighting against Hong Kong capital.
Yes!
Although KFC is an international brand, when it fought with Tang Xionghua, it was the boss of Hong Kong.
KFC in mainland China is also his wholly-owned company.
However, although the price war on the literature website is very fierce, Tang Yichen is still living a life that is no different from before.
Even though there are only more than 20 days in this month, more than 20 million has been burned so far.
The money burned was more than in the previous quarter.
But Tang Yichen remained so calm.
Of course, Tang Yichen was calm, but Lin Wei and others were not calm now.
The price war has reached this level, and they are not worried that the speed of burning money is fake.
Even just a few days ago, Lin Wei tentatively asked Tang Yichen whether Tang Xionghua had any thoughts on this price war, and also asked if it was possible to contact the other party and resolve the problem through business negotiations.
Of course, this statement was directly rejected by Tang Yichen.
In the field of online literature, Tang Yichen allows newcomers, but he will never allow Jiang Hua, the guy who provoked him and then tried to cross the river by feeling his way, to be the king.
Must be killed.
Shake hands and make peace, but go to them first?
What are you thinking about?
However, up to now, it’s not just Lin Wei and the others who can’t stand it.
Jiang Lihua, who was squandering Sun Zheng's money, felt even more difficult.
I thought that Qifei Literature Network was making a last-ditch effort, but I never expected that even after the fight reached this point, Qifei Literature Network still didn't give in.
You know, he burned through one-third of the 10 million yuan in financing in less than a month.
Sun Zheng was extremely dissatisfied with the speed of burning money and the results after burning money.
"Mr. Jiang, I think your assessment of the other party is completely wrong. There's no point in continuing this price war. I suggest we negotiate!"
In Hong Kong, Jiang Lihua was holding the phone, and Sun Zheng's voice came from the other end of the phone.
This made Jiang Lihua look a little ugly.
He was the one who started this war with Feiqi in the first place. Now asking him to ask for peace, isn't that cowardice?
How can I get away with it in terms of face?
But thinking about the person on the other end of the phone, he really didn't have the courage to refuse.
It feels good to spend other people's money. When soliciting investment, I also think about attracting the best people and thinking about the benefits that Sun Zheng will gain after investing.
And now, the disadvantages of big guys investing in the company have also been revealed.
That is, even if others only hold 35% of the shares, he holds 65% of the shares.
But he didn't have the courage to refute what others said.
"I think we can hold out a little longer. Seeking peace means we'll split the market in two in the future. But if we insist, once they can't hold out, we'll have the market all to ourselves!"
Jiang Lihua still wanted to struggle for his own face.
He now truly felt that it was impossible for him to kill the other party.
He even suspected that the other party had also raised funds, and had asked Tang Xionghua for financing, so they were not afraid of him.
But for the sake of face, he didn't want to take the initiative to make peace.
He wanted to wait until the other party couldn't bear it anymore and came to him.
Of course, his words were ruthlessly exposed by Sun Zheng.
"Mr. Jiang, don't even think about this impossible thing. Can't you see? To fight to this extent, the other party must have a lot of capital behind them.
Financing is not something you can do alone; they can do it too. So, there is no point in continuing to burn through money like this. Let’s end it!”
Jiang Lihua's face looked very grim. He held the phone in silence for dozens of seconds before finally sighing, "Okay, Mr. Sun, I understand!"
He didn't dare to refuse, for he was afraid that if he did, Sun Zheng would withdraw his investment.
If he really does that, he's finished!
So, considering both face and money, he compromised with money.
……
"Ask me a meeting?"
On the 10th, Tang Yichen received another call from Lin Wei on his way home from get out of class.
"Yes, Young Master Sheng, it was the other party's boss, Jiang Lihua, who contacted me directly!"
Lin Wei's voice came from the other end of the phone.