I Know Everything - Chapter 623
Chapter 623: Another Shanhai Streaming?
Chen Huan’s return to China was trending.
His welcome and celebration had also become a talking point this summer.
Wang Zhen and her crew relied on the advantage of coming back with Chen Huan as they were just next to him to take the best shots.
Although TV stations also sent their reporters too, they weren’t allowed to close for security reasons so their quality wasn’t as good as Pomelo.
So Pomelo was trending again.
The golden ball also helped.
Everyone knew they would give the ball made of gold to Chen Huan. After all, he had not only bought hundreds of millions of new users to Pomelo but also doubled their market value.
The cost to make that golden ball was around 40 million yuan.
Many joked about how Jiang Zhenkun must be hurting to make that ball but he didn’t have a choice.
Reporters also took pictures of Chen Huan depositing the golden ball to the bank vault’s before he went home.
No matter how safe it was, it wouldn’t stop those thieves prying eyes if it was in his house.
It would be bad if the people in the house suffered due to the item being in the house.
So the bank safe was a great choice.
Of course, those were just trivial matters.
People were all wondering why Chen Huan stopped playing basketball or continue his research in mathematics? Why was he going to the China Agriculture University instead?
This confused the people and they couldn’t’ get around their heads what Chen Huan was thinking.
But all the interview requests had been rejected by Chen Huan, including CCTV.
Only some fragments of the interview by Wang Zhen could be used as an official form of information on it.
Pomelo were also real bastards as they didn’t release it all at once but tickled one or two videos per day.
The netizens started to feel itchy.
But they had to look at it.
There were clips of Chen Huan and others in training, clips of him on his way to the arena as well as Wang Zhen’s video of Chen Huan having a meal at Kobe’s and Iverson’s home and other tidbits about Chen Huan’s daily life.
Wang Zhen had accumulated one month worth of content and didn’t have to worry about content for the next three months if she slowly updated them.
No other TV stations or other platforms could have those videos as even CCTV couldn’t get a personal interview with Chen Huan and only Wang Zhen could do it.
This greatly fueled the momentum Pomelo had in their growth so they could reach 70 million daily users with the help of Chen Huan’s fans from other Asians countries as well as European and Americans fans.
70 million shouldn’t be looked down upon.
It was certainly not a lot compared to the hundreds of millions of traffic during the games but this number of users sticking around after the competition ended already proved Pomelo’s success.
The top two video streaming platforms in China, Youyi and Shanhai Streaming, would average between 100-200 million global users daily when there wasn’t any major event going on.
Pomelo couldn’t be compared to them.
Both were companies worth 100 billions dollars while Pomelo was worth 2 billion dollars.
So a big news was released on the third day Chen Huan returned to China.
Beidou Holding acquired 80% of Pomelo at the valuation of 2.5 billion dollars and 500 million yuan would be given as a bonus to management and employees of Pomelo at the acquisition.
Beidou Holding also assured they wouldn’t change the structure of Pomelo for at least ten years.
All the middle and high management level employees would stay at their post and keep their authority.
CEO Jiang Zhenkun would stay in charge of Pomelo until the day he decided to retire.
This had stabilized the morale of the employees and put a peace of mind toward the users that worried Beidou Holding would be breaking up.
After the acquisition, the CEO Jiang Zhenkun held 10% of the shares with the other 10% held by other executives and backbone of the company.
To everyone’s surprise, Wang Zhen was also listed as a shareholder with 1%.
Meaning that the share held by Wang Zhen was worth 150 billion yuan.
This surprised the people and it was revealed this 1% share was the main weapon used by Pomelo to retain Wang Zhen for another ten years.
Otherwise, with Wang Zhen’s current popularity and her tight connection to Chen Huan, she could get a better offer from any other companies than Pomelo.
Some people broke the news that Beidou Holding was still willing to give such a high price for Pomelo even after Chen Huan announced he wouldn’t play in the NBA anymore was because of that relationship.
Chen Huan was very popular himself and he was a good variety show planner as well as a great songwriter.
Just look at the popularity of ‘Meteor Girls’ and ‘Meteor Girls’ Restaurant’ brought to Shanhai Streaming!
If Chen Huan could plan something similar for Pomelo, would their future be any worse than Shanhai Streaming?
Not to mention that people all over the world knew that Teacher Chu had two good friends.
The first was Director Zhu Mei and then Lu Xiaofeng.
Compared to Director Zhu Mei, Lu Xiaofeng wasn’t only a good friend but a duo with Chu Liuxiang as they set up a company together to produce ‘Princess Returning Pearl’ as well as donating money to the mountainous villages. Their relationship was absolutely tight.
Considering that Teacher Chu Liuxiang had conflict with Shanhai Streaming and weren’t as close as before, wouldn’t Pomelo’s future be even brighter if they could get his works?
Besides, it was a must to have an online presence for large companies in today’s world so this video streaming platform was very important.
Beidou Holding would definitely need a video streaming of its own and one with great potential since Youyi and Shanhai Streaming couldn’t be bought.
This would greatly help their WeChat app, WeChat Payment, Beidou.com etc…
People were surprised by the move.
Even Chen Huan was surprised by it.
The acquisition of each company wasn’t as simple as people thought.
Due to that, he also received a phone call from Wang Zhen.
Wang Zhen asked nervously over the phone whether Chen Huan thought she used him.
Chen Huan laughed at this, “We met honestly and there’s nothing wrong about them valuing you just because you know me! You didn’t get this because you betrayed me.”
“I definitely won’t betray you!” Wang Zhen said firmly.
“I know, I know, you’re a good girl!” Chen Huan laughed, “Don’t be so rigid, I’m quite happy to have known someone like you in this entertainment industry.”
“Hmm~~” Wang Zhen let out a breath of relief, “Don’t worry, even if they force me, I won’t come demanding anything from you! We are friends!!!”
Chen Huan nodded.
He knew Wang Zhen for so long, how could he not know what was she like?
She was good looking, fierce and a bit crazy but a lady who wasn’t afraid of hard work and wouldn’t sleep her way to the top.
Otherwise, how could she stay in a small platform like Pomelo for so long?
A woman like that wouldn’t change in a difficult or good environment.
“Yes, we are friends, good friends!”
After thinking for a bit, Chen Huan laughed and defined their relationship between the two, “But don’t think too deeply about it and don’t walk on eggshells, working together isn’t impossible as long as the offer is good enough!”
Wang Zhen was happy when the call was over.
Chen Huan’s words meant he was willing to work with them!
It would be a lie to say Wang Zhen wouldn’t develop further after integrating a big platform like Beidou Holdings.
However, she couldn’t accept any request that asked her to make working with Chen Huan happen.
After all, it was impossible for her to harm Chen Huan’s interest for others even if she wasn’t Ms. Chen.
Only if Chen Huan was willing to cooperate.
But it was all good now.
Chen Huan didn’t reject working with Pomelo.
Wouldn’t he consider her whenever he had a good show in his hand?