Hearing this, Yang Lian immediately lowered her head, a blushing blushed all over her pretty face, and it reached her ears.

Her heart was pounding, not sure whether it was happy or ashamed.

"I'll talk about Yang Lian later. Why did you, a live broadcast boss, start an auction?" Ye Mo waved his hand slightly and asked curiously.

To put it nicely, this event held by Liu Dewang is called a host to play with him. In fact, it is to use money to provide sleeping services. If someone is reported by someone, find some connections. The law of the Kingdom of Daxia is held accountable, which is definitely enough for Liu Dewang to drink a pot.

Such a smart businessman would never take risks to hold such an event if he had not encountered any major crisis.

"Uh...this is really hard to describe!"

Liu Dewang sighed: "In the first few years, when the live broadcast industry was just emerging, our industry was particularly profitable, with a year of net profit of over 10 billion yuan. But now it is not possible, the short video industry has begun to explode, and a large number of users have transferred their time to short videos every day, which has led to the cliff-like decline of those who watch live broadcasts."

"This has caused our Shark Live to continue to decline for three consecutive years. If you count it today, you have started to lose money!"

"I have a lot of people watching live broadcasts in the live broadcast room, and there are also many rich people who give gifts. How could they lose money? Isn't your Shark Live, a live broadcast platform known as one of the best live broadcast platforms in the Great Xia Kingdom?" Ye Mo was curious.

Even if it is not good, it will not be a loss.

"Master Ye, you don't know anything!" Liu Dewang explained with a wry smile: "The impact of short videos on live broadcasts not only allows users to spend a lot of time on short videos, but also these users will directly watch them on short video software when they need to watch live broadcasts, which has led to the loss of users of our companies that specialize in live broadcasts and cause losses."

"Simply put, the traffic was stolen! User time was stolen!"

"I see."

Ye Mo thought about it carefully and probably understood.

After all, some of this business knowledge involves his blind spots in knowledge, and it was natural that I was confused just now.

"The live broadcast industry is very expensive, with high bandwidth fees, anchor signing fees, personnel, machines, etc., all costs money! Nowadays, our Shark Live broadcast is no longer enough to make ends meet, and it is all up to big anchors like Yang Lian to support it."

Liu Dewang continued: "Some days ago, the company was going to be paralyzed. It was thanks to Grandmaster Ye that I discovered a live broadcast star like Yang Lian!"

"I took a gamble and tilted a lot of resources to Yang Lian. I have made a lot of money these days and brought back a mouthful of blood to the company. I have to thank Master Ye for all this!"

Liu Dewang's expression was sincere, and he said again:

"But even so, the company is still in a loss state. I really have no choice but to make a decision at this Haitian event, invite all the rich users to come over and hold an anchor play event. After sharing the money with the anchor tonight, I also earned more than 100 million yuan, and I can recover the company's health."

At the end, Liu Dewang scratched his head, feeling a little embarrassed.

"What is the funding gap in your company now?" Ye Mo asked.

"About one billion." Liu Dewang thought about it and answered immediately, but he was curious why Ye Mo asked this question.

"If there is one billion, what are your plans next?" Ye Mo asked again.

"My plan is to stabilize the company's situation, retain the live broadcast business, enter the short video industry, cultivate short video internet celebrities, and also promote live streaming goods. In this era, short videos are the mainstream!" Liu Dewang replied: "If we can gain a foothold in short videos, with the huge number of users of Shark Live's previous huge number of users, our company should be able to take off again. Listing on Nasdaq may not be a problem!"

Liu Dewang has a eager eyes and ambitions.

Then he fell into disgust: "But no one is willing to give this one billion at all. The bank has long refused to lend us a loan to our company, and the investment company is not optimistic about our Shark Live. In their opinion, it is a bit late to enter the short video now."
Chapter completed!