Hexagonal God
Chapter 548 Moyin goes public
Old Liu was not the only one who was dumbfounded.
Xiao Wang, Lao Huang and others were also shocked by Su Mo's actions.
Since CCTV is helping Su Tang advertise at this time, there is no doubt that the bird's nest has been identified.
Official media are always rigorous in their work and will not contradict themselves. They thought there might be such a day, but they never thought it would happen so soon.
Because the people behind them didn't even get any information, the advertisement was broadcast, which means that someone was speaking for Su Tang.
However, they did not feel the pain as deeply as Lao Liu did. After all, he took the heaviest part of the slap, and it was his wife who slapped him personally.
Even when they were shocked, they also thought that maybe the boss lady really had something going on with Su Mo.
But now they are also overwhelmed because of the numerous reports that have made them overwhelmed, and these reports are all based on real evidence.
The fighting anchors were broadcasting live, and there were too many problems, whether it was short weight, the product was three-no product, or it failed the test. There were too many problems, too many to whitewash even if they wanted to.
The only option they can take now is to delay.
Delaying as much as possible is the only way for businesses to deal with consumers.
After all, it is not a bulk commodity. After being delayed for a long time, consumers lose their patience and simply accept it. This kind of thing is not uncommon.
But unexpectedly, Su Tang’s counterattack was not over yet.
After fermenting overnight, just when public opinion reached its peak, the Shanghai government issued an announcement the next day.
Measures for the Regulation and Handling of Chaos on Live Streaming Platforms
The government’s propaganda was well-reasoned and it praised and affirmed the Moyin platform.
During this period of time, the live streaming e-commerce market has been in chaos.
All major platforms started live broadcasts, and countless anchors flocked into this industry, causing extreme chaos in the industry.
What came into being was the emergence of various anti-counterfeiting anchors.
Some of the anchors were from Mo Yin’s side, a team that Su Mo and his team had prepared long ago.
Later, a group of anti-counterfeiting anchors appeared. Some of them were freelance media people, and some were from other platforms, specifically to fight back against Mo Yin.
However, despite all the anti-counterfeiting efforts, there has not been a single case of counterfeit goods on Moyin's side.
The recent sugared bird's nest incident was also determined to be a fabrication due to commercial competition.
In response, the government released the inspection report and conducted hundreds of spot checks, and all of them were found to be normal.
Not only bird's nests, but also some other reported products were tested, but in the end, after inspection by quality supervision bureaus in various places, they were all genuine.
Moreover, during the anti-counterfeiting process, the purchase price of the Moyin platform was also exposed.
People were surprised to find that Moyin’s products were not only genuine but also very cheap.
In addition to the purchase price and transportation costs, Moyin only makes a small profit. For some products, Moyin even loses money.
In contrast, other platforms are not doing well. They are in chaos. Not only are the products expensive, but the quality cannot be guaranteed, and the phenomenon of selling inferior products as good ones continues despite repeated bans.
Internet supervision has been checked many times, but the situation still cannot be completely reversed.
At the beginning, a lot of Moyin’s customer traffic was indeed diverted away, but during this period, there has been a phenomenon of gradual return. People who sold goods on other major platforms have gradually returned to Moyin.
The reason is simple: it is cheap, reliable, and has good after-sales service.
The after-sales service of the Moyin platform is directly connected to the manufacturers. Any manufacturer with a bad reputation will be immediately blacklisted. Those who can cooperate with the platform are all regular manufacturers and conscientious enterprises.
This sales model may have an impact on the offline economy, but the biggest impact will be on competitors' platforms.
For example, Wang Nianming's Red Panda live broadcast platform failed to report Su Mo, but was instead reported by multiple anti-counterfeiting anchors, and has become somewhat notorious.
Moreover, its own management is not good. This platform is now supported by Wang Nianming's traffic and the name of Yida Group behind it. It has been declining.
On the other hand, Moyin's healthy operation has formed a very good virtuous circle and established a good reputation among consumers.
This time, it happened to coincide with Moyin’s listing, and the Shanghai Municipal Government published an article, praising Moyin in particular.
Present facts, reason with people, and don't play tricks on consumers. Everyone can see it clearly.
Those platforms that violate laws and regulations are the focus of criticism.
Wang Nianming's Red Panda platform, as well as Jingdong and Pinxixi platforms, were ordered to shut down all live streaming sales businesses and rectify the problems within a specified period of time. The reopening date must be subject to dual inspections by government departments and network inspection departments. The reopening date will only be determined after passing the inspection.
The meaning is very clear. If the inspection fails or fails, your platform will not be able to live broadcast and sell goods.
The government's release of this kind of article was very timely and was well-received by the public. And for Moyin's IPO, this article was incredibly helpful.
With official recognition, both shareholders and investors have great confidence in Moyin as a company.
The biggest impact is on the Hong Kong Stock Exchange.
Tomorrow is the day when Moyin will go public. After last night’s CCTV advertisement, Moyin has been confirmed to be listed, and its assessed value has returned to 180 billion.
But I didn’t expect that it would have official endorsement before it was launched on the market, and the price kept reaching new highs.
You know, companies that receive official praise will definitely have a green light in the domestic market. This represents the official attitude, and it will be difficult for them not to be popular.
For a while, the Internet public opinion that was attacking Su Tang yesterday suddenly changed.
All media accounts began to praise Mo Yin.
It may be difficult to find fault with Mo Yin, but it is very easy to praise Mo Yin.
Those who run self-media have been in the mundane world and don't have a high moral bottom line. What's more, Mo Yin can no longer be suppressed.
After the official media stepped down, Moyin once again entered a period of growth.
With more than 700 million users, the number has officially exceeded 800 million.
You have to know that during this period, the total number of Internet users in the country was only about 900 million.
This means that almost everyone has a Moyin account, and this type of social platform is the first to appear in the country.
It has almost become a consensus that the products sold by Moyin live-streamers are of good quality.
Everyone knew this before, but there was no specific event to deepen the impression, so many people became accustomed to it.
After this bird's nest incident, the right and wrong have been determined.
It is difficult for Jingdong, Pinxixi, and Red Panda platforms to achieve anything significant in terms of selling products.
Entertainment-focused platforms like Red Panda are doing better, but professional e-commerce platforms like Jingdong and Pinxixi actually lost to the short video platform Moyin in commercial competition.
From then on, the shopping section of the Moyin short video platform can basically be comparable to top platforms such as Taobao, or even surpass it.
The shopping section of Moyin is only a part of the Moyin platform.
His short video business, his live broadcast business, and his advertising business are his main business, and no one can compare with them.
This day was also called a decisive battle on the Internet by netizens, which ended with Mo Yin's great victory.
Platforms like Jingdong and Pinxixi still exist. They have their own positioning and will still make money, but they can no longer compete with Moyin.
With the official media’s recognition, and its own user base exceeding 800 million, its valuation will also rise.
Therefore, before the Hong Kong Stock Exchange finalized its valuation, Moyin's Series A valuation reached 220 billion yuan, exceeding the original value of Su Tang Drinking Water by 70 billion yuan.
Su Mo ignored the chaos on the Internet and went to Hong Kong Island in person to ring the bell for the listing.
Moyin's Series A funding round raised 70 billion yuan, and Su Mo, as the sole owner of Moyin, continued to hold 30% of the shares and released % of the shares.
30% of the shares were divided up in an instant, and billion yuan of funds were recovered. Su Mo made a fortune again.
Including the daily salary of the past few days, Su Mo’s own funds have reached an unprecedented 300 billion!
Don’t even mention who is the richest man in China. Is the total wealth of you richest people combined as much as the current deposit in my bank account?
Although Su Mo was not the world's richest man in July, he was already among the top ten or even top five in the world.
"Hahaha! Congratulations, Mr. Su. If Forbes re-ranks this year, I believe Mr. Su will definitely be the richest man in mainland China. In two years, he might even be as rich as Lao Li."
In a banquet hall in Hong Kong Island, a group of Hong Kong celebrities were invited by Su Mo to attend the evening celebration banquet.
Mr. Dong also arrived at the scene and is now clinking glasses with Su Mo.
Around Su Mo, Li Chaoren, Guo Bingliang, Li Zhaoji, Liu Luanxiong and other Hong Kong bigwigs gathered together, each holding a glass of red wine and having a proper conversation.
At this time, everyone was still not very clear about Su Mo's strength. After all, some things of Su Mo were not obvious, such as the more than 200 billion he got by fleecing people on his birthday, which no one knew about.
Su Mo clinked glasses with Mr. Dong and said, "Mr. Dong, I do have some money now, but I hope it can be put into practical use. Besides making money, I also want to help the people improve their livelihood and do things that benefit the public."
"Well, that's good. I heard from Lao Li and the others that you plan to invest in a desalination plant to solve the problem of water shortage for the people of Hong Kong Island?"
"Yes, as I just said, I not only hope to invest in a desalination plant, but I'm also planning to acquire some shipping companies. I'm sure Mr. Dong has heard that I've already signed some investment projects with the Middle East. Transporting oil will require a fleet, and this is giving me a headache."
Su Mo's words were very clear. The desalination plant could be built, but the shipping company also had to be acquired.
But the two must be bundled together. If I were asked to engage in seawater desalination alone, I might not go.
Even though Su Mo had promised Li Chaoren and the others before, this is business, and everything could change before the contract is signed, because Su Mo discovered that these old foxes had no good intentions. (End of this chapter)
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