Becoming Rich with Daily Scavenging APP-Chapter 437: The Furious Kiwifruit CEO

Chen Yiyang’s central belief boils down to two points.

The first is that they didn’t manage to restrict the car companies from reducing prices back then, and still can’t do it now.

The second is that even if a policy is introduced to limit the minimum car price, there are many ways to covertly lower car prices.

After Chen Yiyang finished speaking, all the auto company bosses present fell silent.

This silence wasn’t because what Chen Yiyang said was profound, requiring them to slowly savor it.

It was because Chen Yiyang was like the child who pointed out that the king had no clothes, revealing the truth.

For these bosses here, arguing was completely pointless as it wouldn’t lead to any outcome.

In that case, what’s the point of continuing this forum?

Eventually, after a few bosses made some indifferent remarks, the forum thoroughly concluded.

As everyone exited the venue where the forum was held, they were clearly divided.

Chen Yiyang, Wang Chuanfan, Zhao Feipeng and others walked together.

Wei Yujun, Uncle Li, Lei Jun and others walked together.

"What you said this time has also helped Biya Mansion," Wang Chuanfan said to Chen Yiyang while walking,

"But Wei Yujun has been displeased with you for quite some time. Be careful going forward. Especially before launching the first model, make sure you’re prepared for anything."

"Sure, thank you, Mr. Wang." Chen Yiyang nodded.

Actually, he didn’t have much to chat about with Wang Chuanfan.

The current situation is that here, Chen Yiyang and Biya Mansion are on the same team, both supporting competitive pricing through the free market.

But once Chen Yiyang’s own first car is launched, he and Biya Mansion will become competitors.

Of course, before they go all out against each other, they will definitely aim to crush companies like Changcheng that are no longer capable of lowering prices.

After attending the forum, Chen Yiyang returned to Lin’an to inspect the Yiyang Automobile Factory.

Yiyang Automobile’s first model is about to be unveiled.

The factory in Brazil has already started producing a batch.

Yiyang Automobile plans to first launch it in the Brazilian market to see how it fares.

Once sufficient feedback is gathered, improvements will be made before launching it in the domestic market.

The moment Yiyang Automobile’s first model enters the domestic market will mark the beginning of Chen Yiyang’s official battle with other domestic car companies.

"Let’s call the first model Bai Ze Ling Guang." Chen Yiyang named his first model.

However, the domestic price for this car has not been officially determined yet.

But the price in Brazil has been set, with each car selling for about 200,000 RMB.

Although the price seems high, since it’s directly produced in Brazil, compared to other domestic new energy vehicles in Brazil, it’s quite cost-effective.

Companies like Changcheng and Biya Mansion ship cars from the domestic market to Brazil, and the transportation costs plus taxes make their costs far exceed Yiyang Automobile’s.

However, just as Chen Yiyang was preparing to battle against Changcheng in the new energy vehicle sector,

an attack aimed at Chen Yiyang unexpectedly emerged from an entirely unforeseen area.

The New Year’s holiday had just ended.

Chen Yiyang had returned to his hometown with an accountant to celebrate and hadn’t rested much before rushing back to Lin’an.

Mainly because Chen Yiyang disliked interacting with various relatives since he was young.

So in the past, he would leave before relatives visited.

But now, having somewhat made it, he’s worried that if he leaves directly, relatives might gossip behind his back, saying he’s turned wealthy and no longer recognizes his kin.

Therefore, he stayed home a few more days, met with closer relatives, and then returned to Lin’an before the distant and unrelated relatives arrived.

After arriving in Lin’an,

his assistant reminded him to check the news online.

Chen Yiyang glanced at his phone.

"Gong Yu, CEO of Kiwifruit video platform, accuses Qingguo short dramas of abusing market dominance and engaging in malicious competition?"

Chen Yiyang was dumbfounded.

He previously acquired Qingguo to bluff theaters and secure screenings for Earth Wandering 2.

How did this short drama company suddenly get accused of abusing dominance?

Where did this dominance come from?

Chen Yiyang, full of confusion, arrived at his company and summoned the assistant responsible for this matter.

Then he looked into the recent developments of Qingguo and realized how rapidly Qingguo was expanding.

The short drama industry has existed for quite some time, but most short drama companies lack funds and remained lukewarm.

Until Chen Yiyang acquired Qingguo and injected millions into it.

Although the claim to launch five free premium short dramas for the New Year was false.

Qingguo still managed to produce a decent quality short drama before the New Year.

Additionally, Qingguo, backed by Chen Yiyang’s investment, purchased nearly all quality short dramas on the market and offered them for free play within the app.

This led to Qingguo’s traffic exploding before and after the New Year.

If that were all, it wouldn’t be enough to terrify Kiwifruit.

But Chen Yiyang had also granted Qingguo access to all licensed TV shows and movies from the Le Shi Network for free play.

Although the former owner of Le Shi Network swindled quite a lot of money, he indeed had some foresight.

The videos he purchased for Le Shi Network back then were of very high quality, popular for rewatching.

So, with almost all quality free short dramas coupled with the support from Le Shi Network’s licensed library,

Qingguo’s traffic once approached Kiwifruit’s.

Qingguo is free, but Kiwifruit charges.

This drove Kiwifruit to the brink.

"Additionally," the assistant said, "CEO Xu Yun from Qingguo signed cooperation contracts with many short drama teams, with a clause stating: Content produced by partners during the contract period must not be authorized to any video platform other than Qingguo."

This is a typical exclusivity agreement.

And with Xu Yun acting early, coupled with the fact that other short drama teams were genuinely short on cash at the time, this condition was smoothly integrated.

After Chen Yiyang triggered a surge in short drama platform traffic, Kiwifruit naturally wanted to follow into the platform.

However, when they started acting, they discovered that all capable short drama teams in the market had already signed exclusivity agreements with Qingguo.

Kiwifruit couldn’t find quality short drama teams to partner with!

The holiday traffic combined with this exclusivity agreement caused Kiwifruit’s CEO Gong Yu to flip out after the New Year and publicly criticize Qingguo online.

"Qingguo’s traffic surge is temporary," Chen Yiyang said, rubbing his brow, "After all, the amount of high-quality content accumulated in the short drama industry cannot compare to that of large video platforms.

As for the exclusivity agreement, we are not opposed to negotiating terms with Kiwifruit, does Gong Yu need to be this anxious?"

Chen Yiyang couldn’t shake the feeling there’s more going on behind the scenes.