Chen Chu said it is not over yet. Everyone in the industry knows that at this point, unless a miracle happens, the entire market has stabilized. The domestic social software market already belongs to Renren!

Some are happy and some are sad. At this time, Renren is celebrating, and there are naturally clouds of sadness in some places. NetEase Bubble has an atmosphere of decadence inside at this moment. It was ambitious before and spent a lot of money, but in the end it failed sadly.

, at this time NetEase Bubble's market share has dropped to the point where statistics are not needed. Active users have almost disappeared.

At this moment, NetEase Paopao's business department is silently waiting for the decision from above to see how Ding Sanshi will deal with the entire business department. However, judging from the news coming out, it seems that the result is not ideal.

The remaining departments such as Baidu hi, msn, Sohu's I'm looking for you, etc. are basically in the same situation. Things are developing too fast. Before, Penguin was fighting with Sina, but it was surpassed by Renren in the blink of an eye.

Nowadays, the status of these social departments in their respective company departments has plummeted, and it is a pity to abandon them because they are tasteless. Heaven and hell are just a matter of thoughts. Everyone in the social industry knows that it will be a piece of fat in the future. It is possible to stick to it, but

Not necessarily how many!

The most uncomfortable ones are Sinau and Penguin. Both sides are unwilling to give in, but they also know that the situation is over, at least in a short period of time.

Cutting off Sina's u department was a bit unacceptable to Sina. The original acquisition cost alone exceeded 20 million US dollars. Adding in costs and promotion expenses, it definitely exceeded 40 million US dollars.

Cutting off this department like this would be a huge loss even for Sina, which has a lot of money. All we can do now is wait and see if there is a chance to rise again in the future.

Sina can wait, NetEase can give up, and MSN can withdraw. But for the other company, there is no way out.

The penguins were already panicking at this time. Borrent Marcus, who had left before, came to Pengcheng again. It was raining outside the house and it was the rainy season. Just like the penguins at the moment, it had been gloomy and rainy for several days.

Looking at the scene outside the window, there was no expression on Bolent Marcus's face. Boss Ma, who was sitting in the conference room, looked calm. He was not surprised by the results brought by Bolent Marcus.

Others in the conference room were a little angry.

Bolent Marcus turned his head, looked at Boss Ma and others, and said helplessly, "I have tried my best. All the board of directors can do is not to withdraw the shares, but reinvesting is basically impossible!"

"There is an old saying here, that is, if you keep the green hills, you will not be afraid of running out of firewood. If you wait, you might have a chance!" Bolent Marcus said something that he did not quite believe.

When Chen Chu received the news of Penguin's layoffs, it was already two days later. Mih Group refused to inject capital into Penguin again. Another major shareholder, idg Venture Capital, also began to sell its Penguin shares and wanted to sell them!

Penguin has not chosen to give up, but it is hard to say how long it can persist. The number of active Penguin users and the highest number of online users has dropped to less than one million.

In the Internet social communication industry, one million maximum online users is the life-or-death line that determines whether a product can exist. If it is higher than this number, there is still hope. If it is lower, it will basically fail.

It is the same as online games. When there is only one user in an area, no matter what tasks you do or which area you go to, you will encounter the user. What is the difference between it and a stand-alone game?

This is especially true for social software. If there are no users to communicate and use it, what is the point? Its threat to Renren has basically disappeared!

The only one now is Sina u. Now Sina u is barely maintaining, but the threat to Renren is not too great. Even Chen Chu only needs to cooperate with those websites that cooperate with Renren and let them compete with Sina.

If you make a choice between u, Sina u will basically be in trouble!

But that doesn't make much sense. According to this trend, as long as Renren doesn't make major mistakes, it's basically impossible to lose users, and Sina u will slowly shut down like in its previous life.

On Chen Chu's side, there are still many new products that have not been launched yet. When the time comes, Renren can launch these new products online!

From the time it went online to now for more than three months, the staff at Renren have not had a break. This time they will arrange rotational breaks. Chen Chu has arranged a batch of bonuses and has already paid them out.

When Du Jianzhao came in, he said to Chen Chu, "Brother Chen, everything has been arranged and the bonuses have been paid out!"

Du Jianzhao did not expect that Chen Chu would arrange such a large bonus. You must know that Renren is still burning money and has not yet generated profits. The advertisements on the personal homepage have not yet been online. The advertisements on the personal homepage are an important profit area for Renren. However,

Chen Chu hasn’t arranged any advertising yet, and now the entire Renren website hasn’t made a penny yet!

The rewards distributed this time are basically equivalent to more than three months' salary for each person, which can be said to be extremely generous. The salary of Renren's employees is not low, although they are basically recruited from the University of Science and Technology.

But the salary is still very high, at least a few points higher than the salary in other industries.

Chen Chu didn't mean to cheat the people in the company. The people working at Renren now all came from the University of Science and Technology. If he cheated them, Chen Chu's reputation would be ruined.

"How are the talks with the communication operators going?" Chen Chu asked about cooperating with the communication operators to recommend Renren to mobile phone users.

Chen Chuke has never let go of this matter. Not only Renren, but also sg games, Chen Chu also asked sg game platform, Lianzhong games, etc. to produce mobile versions of games!

The future belongs to the era of mobile product platforms. Whoever masters this platform means mastering the future.

Even though there is not much profit yet, Chen Chu is willing to wait. As long as the entire mobile market matures, it will be a huge dividend market, so Chen Chu must plan for this market in advance!

Du Jianzhao has long known about Chen Chu's concern for the mobile Internet market. During this period, he has been working with the Renren development department to develop Renren software suitable for mobile phones.

"I have been in contact with all three major domestic communication operators, but the telecommunications side is not very interested in our cooperation. They just expressed their willingness to give it a try!" Du Jianzhao said helplessly.

In this era, Telecom was the undisputed leader in the entire domestic communications market. China Mobile, which was spun off from it, was not as powerful as later generations. It was busy building base stations across the country. As for China Unicom, which was later spun off, it was still less powerful than later generations.

However, China Mobile has just started to get started. After all, it has only been established for more than a year, and even the internal personnel of the company have just been gathered together!

There was little interest in the cooperation between China Telecom and Renren. This made Du Jianzhao a little disappointed. He looked at Chen Chu and said with some embarrassment, "I can discuss this with them again, or ask Senior Brother Zhao to come forward!"

"Where are the other two communication operators? What did they say?!" Chen Chu didn't want Zhao Chuanfeng to come forward. Let alone whether Telecom was willing to give Zhao Chuanfeng face, Zhao Chuanfeng was hiding his capabilities and biding his time. Coming forward at this time would only make him

The more conspicuous you are, the more suspicious you will be.

Chen Chu didn't want this trivial matter to cause trouble to Zhao Chuanfeng or even affect his official career. He was just about to enter his official career. If he got involved in this kind of thing at this time, it would inevitably leave some people with some clues!

Hearing Chen Chu mention China Mobile and China Unicom, Du Jianzhao felt much better, "I met the general manager of China Mobile's Yanjing region. He was very interested in our proposed cooperation and was willing to submit this cooperation to the superiors.

!”

"I contacted China Unicom, but the other party's attitude was unclear. They just said they would think about it!" Du Jianzhao said truthfully. Now it seems that only China Mobile has the clearest attitude.

Chen Chu didn't think too much and said to Du Jianzhao, "Reach a cooperation with China Mobile directly and tell them that not only this project, but also sg games, Renren.com will have new projects to cooperate with them in the future!"

Today's China Mobile is not the criticized mobile phone of later generations. As a company established less than four years ago, China Mobile is full of vitality. It has built signal towers in every corner of China and can be spun off from a small department.

To grow into the best communications company in the country, China Mobile has made much greater efforts in the past few years than the other two companies!

Du Jianzhao's eyes lit up and he couldn't help but look at Chen Chu, "Brother Chen, what's your plan?"

Now Du Jianzhao has no other idea about Chen Chu except believing that Renren can occupy the entire industry in such a short period of time. Outsiders don't know the details and only think it is Du Jianzhao's contribution. But only Du Jianzhao can understand all this.

It’s all because Chen Chu was strategizing behind the scenes!

"It's a new project that allows Renren to get profit funds!" Chen Chu looked at Du Jianzhao and said, cooperating with the mobile company just allowed Chen Chu to launch Renren's new business!

Du Jianzhao was shocked. He knew what Chen Chu meant. He wanted to know what the biggest problem facing social software was, which was the inability to make profits. This was the reason why Penguin QQ was unable to make profits for a long time, which finally led to this situation.

As for iq, not to mention, after being acquired by AOL, it almost made magical changes in order to make profits, but in addition to losing users, it failed to make a profit in the end!

If Renren.com can really achieve profitability, it will be like a magnitude 10 earthquake for the entire industry. I am afraid that if Renren.com loses its status, no one will be able to challenge it!

Seeing Du Jianzhao's expression, Chen Chu knew what he wanted to say, and said to him, "This was something I just thought of temporarily. Although it is not a long-term solution, it can provide part of the funds for Renren in a short period of time!"

"
Chapter completed!