Chapter 452: A Great Loss
Huang Weicheng was so furious he could practically see steam coming from his ears, wishing he could crawl through the phone and give his assistant a good thrashing.
"What time do you think it is, and you're still hesitating to speak."
You should know, for every day the platform is banned, we stand to lose at least several million in gift revenue.
The most critical part is, it will lead to user attrition.
Getting traffic nowadays is very costly.
For one advertisement spot, spending a thousand bucks for one hundred thousand displays would be considered a good deal.
And out of those hundred thousand displays, maybe a thousand people would click through.
Out of those thousand, if a hundred people download the app, that's not bad.
Of those hundred people who download the app, if ten stick around to consistently watch live broadcasts, that would be great.
That's like, costing a hundred bucks to attract one person.
If ten thousand viewers are lost in a day, it would take a million to attract them back.
Unable to make money, and then having to spend more to gain traffic, the loss just becomes greater.
Even Huang Weicheng found it hard to bear.
So, he immediately cursed, "Are you stuttering? Tell me the damn reason for the penalty, read me the exact reason for the punishment, word for word, without missing a single one, and if there's one word more or one word less, you can get the hell out tomorrow!"
The assistant pursed his lips, looked at the written penalty notice, and read out the reason for the penalty, word for word, "This is what you get for messing with me!"
"F\\*ck your mother, what are you saying?!"
Huang Weicheng was instantly enraged.
Since when had his assistant become so arrogant, daring to speak to him like this?
But he quickly regained his composure and asked urgently, "Is that the reason for the penalty?"
The assistant replied, "Yes, Mr. Huang, I've never seen such a reason for a penalty. This is a notice from the city government, but I feel like we're being targeted."
Huang Weicheng's gaze sharpened.
This was definitely Xu Yang messing with him.
It was Xu Yang's counterattack, his revenge.
He hadn't expected this kid to have such a powerful network, being able to shut down his live broadcasting platform directly.
And to have the city government issue such a penalty notice.
That's no small feat, even for him, the third richest man in the province, he didn't have this kind of clout.
How did Xu Yang pull it off?
However, Huang Weicheng was not willing to concede defeat.
As the third richest man in the province, how could he lose to a rising star from Jiang City?
You're just worth a few billion, but my worth is over a hundred billion.
"F*ck you, I'll see this through to the end with you, let's see who comes out on top!"
"Fine, I know who's behind this, I'll deal with it right away!"
After that, Huang Weicheng hung up on his assistant.
Then, he dialed Xu Yang's number, "Xu Yang, your move is slick, shutting down my live broadcast platform just like that, but you think you can take me down with this? Let me tell you, you're mistaken. I'll show you the real difference between you and me. I'll let you know clearly, you're done for!"
Xu Yang smiled faintly, "You've no chance left, unless you could strike me down in one go, which sadly you didn't do. When I make a move, I won't give you a second chance."
Huang Weicheng snorted, "You're still not as rich as me, I don't think you're that powerful. Regardless, let me tell you, I'm going to take down your Jianghuai first, wait until your..."
Before he could finish, Xu Yang hung up the call.
"F*ck! You actually dare hang up on my call, I'll make sure you lose everything!"
Huang Weicheng cursed, dialing up a number from his network of connections.
First, restore the operation of the live broadcasting platform, then deal with Xu Yang's company.
But to his surprise, the call didn't go through.
No problem, try calling someone else from his network of contacts.
After all, he had many connections, and many of those could intervene.
It was just that this particular contact was more convenient; others, with a bit of navigating, could also lend a hand.
So, he dialed another number from his network of contacts.
Yet the result was the same, the call didn't go through.
"What's going on?"
Huang Weicheng furrowed his brow, feeling that something was amiss.
Next, he continued to call other contacts' phones inexhaustibly, including Boss Chen's phone, but without exception, none could be reached.
"What in the world is going on?"
Huang Weicheng had a bad feeling.
While he was making phone calls, another of his companies also ran into trouble.
...
It was evening now, and it was still Friday night.
Tomorrow would be Saturday, and many people wouldn't have to work, so many netizens would be staying up late.
In the provincial capital, there was a local forum called "Sway the Province."
The forum functioned similarly to Tieba, but "Sway the Province" was a niche forum known only to locals, who were the ones visiting it.
Thus, the daily active users of the forum numbered just several hundred thousand.
Although it had only a few hundred thousand users, the value of the forum was not to be underestimated.
After all, these were precise, real, active users.
Advertising here was different from advertising on Tieba.
On Tieba, an advertisement might seem to have high exposure, reaching tens to hundreds of millions.
But the users came from everywhere, glancing at the ad and moving on without pausing.
However, placing ads on "Sway the Province" was extremely precise.
If you posted saying the food at a certain shop in the province was delicious, the next day, if you went to that shop, you would definitely see a long line of customers.
Therefore, the estimated value of the "Sway the Province" forum was ten billion.
The daily advertising revenue alone brought in profits of more than six hundred thousand, with annual net profits exceeding two billion.
Being Friday, "Sway the Province" had even more active users than on regular weekdays.
Threads discussing food and drinks, seeking entertainment, arranging meet-ups, looking for rentals, buying various items, and the like, all had extremely hot replies.
But just when everyone was having a great time, they suddenly discovered that the webpage could not be displayed.
"Sway the Province" had collapsed!
Soon, this news spread throughout the friends' circles in the province.
Moreover, forums in other cities of Tiansouth Province faced the same situation.
"Sway the City" in River City had collapsed.
"Sway the Mountain City" in Mountain City had collapsed.
"Sway the Meng City" in Meng City had collapsed...
All twelve cities in Tiansouth Province, with their twelve local forums, had collapsed.
These forums all shared one owner, Huang Weicheng.
When the first forum collapsed, the managers under Huang Weicheng still thought it was a normal issue and tried their best to investigate the situation, hoping to recover as quickly as possible.
But with twelve forums collapsing, the managers could no longer sit still.
So, while Huang Weicheng was still frantically trying to make calls through his network of contacts to no avail, he received a report from the general manager of the company that managed the forums.
Huang Weicheng, enraged, asked, "What exactly is the reason, have you figured it out?"
The combined valuation of these more than ten forums exceeded a hundred billion, and they could bring him more than ten billion in cash income each year.
If the forums all collapsed and could no longer be used, his losses would be enormous.
Find more to read at empire
That was a cash cow.
The general manager said, "Boss Huang, the relevant departments said our forums had illegal information and forcibly shut them down."
Upon hearing this, Huang Weicheng was immediately dumbfounded.
The forums were all local, and they had been operating for so long, where could there be illegal information.
If there was illegal information, the company's review team would have been able to filter it out.
In this regard, the company had done quite well.
One could say that such a situation had never arisen before.
So, he asked, "The relevant departments should have a notice of penalty, right? What exactly did they say? Tell me clearly, I want to hear the exact words!"