“Although this platform is very popular, because it is basically free for users, the profitability is relatively single.”
“In addition to advertising, it is to let a bunch of Internet celebrities go up and engage in live streaming sales, and then the platform will take a profit from it. The profit margin is much lower than the industry we usually engage in.
Chengfeng looked desperate and said, “What the hel does the Wade family do, what is it not good to buy, buy this kind of online platform?! What a fcking wicked one!”
Both the Su family and the Wade family are top big families with a century-old history.
This kind of big family, like the Ruthschild family, generally operates in traditional industries.
For example, the energy industry, financial industry, manufacturing industry, real estate industry and ocean shipping industry.
But the established families basically don’t touch the Internet industry.
This is not to say that they are not interested in the Internet industry, but because they have been working in traditional industries for many years, and all their advantages, contacts, and resources are concentrated in traditional industries.
Moreover, this kind of people’s way of thinking is relatively conservative, so they generally do not take the initiative to do the Internet and tech purchases and operations.
This is also why Internet bigwigs all over the world are basically emerging wealthy people. It is rare to hear of a top family with a century-old history that has created outstanding achievements in the Internet industry.
The Su family is naturally the same.
Chengfeng basically has no access to the Internet, so the Su family rarely does Internet business.
Therefore, he basically doesn’t know much about short video platforms. He only knows that it is a leisure platform that some young people prefer.
In his impression, the Wade family seemed to be no different from the Su family.
But he really didn’t know that the Wade family actually bought the short video platform.
If this short video platform belongs to the Wade’s, then the possibility of wanting them to stop publicize this video is almost zero.
But Chengfeng was unwilling to give up.
He knew that the most important thing for him now was to quickly delete this video so that others could no longer watch it and completely interrupt its spread.
So if you want to achieve this goal, you can only ask the Wade Family for help.
So he covered his chest and said with difficulty: “Go and get my phone, I wantto call Zhongquan!”
FAQ Novel
Q: Which family owned the short video platform mentioned?
A: The short video platform was owned by the Wade family.
Q: What was Chengfeng’s immediate reaction to the crisis?
A: Chengfeng was furious and allocated 5 billion for crisis public relations to remove the video.
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