Reborn in 08, a heretical cultivator starting a business

Chapter 89 Renren.com strikes, stealing Kaixin.com's base!

Chapter 89 Renren.com strikes, stealing Kaixin.com's base! (Seeking monthly votes)
Kaixin.com CEO Chen Ruihao was overjoyed:
"You're absolutely right, strike while the iron is hot and kill him."

"Kaixin Mall seized the opportunity to rise to the top, delivering a fatal blow to YouTuan Technology!"

"We not only need to steal YouTuan Technology's users, traffic, and profits, but also the investments from BAT (Baidu, Alibaba, Tencent) giants!"

"As long as we secure investment from BAT (Baidu, Alibaba, Tencent) giants, Kaixin001's IPO will be a piece of cake!"

"This is a once-in-a-lifetime opportunity!"

"Very good, that's settled then, I'll leave it to you."

Qiao Feisong patted his chest and assured him, "Don't worry, Chairman, I will definitely complete the task with high quality and quantity. The development of Kaixin Mall has been fully accelerated and there will be no problems."

Chen Ruihao nodded: "By the way, have the brand collaborations all been finalized? Especially in the infant and toddler market, U-Tuan International is selling very well."

"It's settled! Sanniu will be the first to sign a contract with us, offering us top-tier distributor benefits. We'll also establish a strategic partnership, with Sanniu becoming the title sponsor of Kaixin Mall!"

"Very good." Chen Ruihao was very satisfied.

“Wang Junshan has a narrow vision; seeing that imports are profitable, he only sells imported products.”

"But what they don't realize is that domestic consumption power is limited, and domestic products are the main sales drivers!"

“YouTuan International only sells imported goods, so we will compete by focusing on domestic products.”

"Treat Sanniu as a key strategic partner, put them on the homepage of Kaixin Mall, and promote them extensively!"

"Yes!"

With the president's approval, Qiao Feisong immediately contacted Sanniu to discuss strategic cooperation and homepage naming rights.

Headquarters of the campus network.

"This young man is really interesting. Tencent's e-commerce investment department went to YouTuan Technology, but Wang Junshan went back to his hometown that same day."

"What? Wang Junshan is so arrogant?" The senior executives were all shocked.

"It's not just arrogance, Wang Junshan also wants a valuation of 5 billion."

"A valuation of five billion! That's insane, absolutely insane!"

"As social networking platforms for acquaintances, 51.com is valued at only 100 million, Kaixin.com at most 300 million, and even our Xiaonei.com, the most powerful, is only valued at 500 million. Who gave him the confidence to ask for a 5 billion valuation?"

"This is comparable to the entire e-commerce division of Tencent! It's insane!"

"With Wang Junshan's approach, aiming for a valuation of 5 billion, he definitely won't get any investment."

"That's right. Without capital investment, it would be difficult for WeChat to grow big."

"So, does that mean our main competitor isn't WeChat, but Kaixin001?"

"That's right! Kaixin001 has only been established for four months, but it copied Facebook and is developing rapidly. Its revenue is even higher than our Renren.com. We are still losing money, while they have already made a profit!"

"Recently, they've even been recruiting e-commerce elites. They're trying to copy YouTuan Technology and also do vertical e-commerce!"

"Kaixin001 is just copying others. Its friend trading and parking space grabbing features are copied from Facebook, and its vertical e-commerce features are copied from YouTuan.com. But if they really succeed in copying us, then it will be bad. Our Xiaonei.com will be finished, and it is very likely to be completely surpassed or even crushed by Kaixin001."

"Yes, this is a serious problem. Why don't we copy YouTuan International and also become a vertical e-commerce platform?"

Sun Yizhou, president of Xiaonei.com, waved his hand:
"No, the vertical e-commerce market is limited. YouTuan International is doing it, and now Kaixin.com wants to too. If Xiaonei.com follows suit, along with other competitors, with so many companies vying for this small piece of the vertical e-commerce pie, then everyone will be left with nothing!"

Upon hearing this, everyone fell into deep thought.

Yes, vertical e-commerce can't compare to comprehensive e-commerce. With so many competitors, it becomes a red ocean, and there's really no profit to be made.

After all, the comprehensive e-commerce market is much larger, and it's already a red ocean. Marketing Director Ye Feihang suddenly spoke up:
"President, why don't we do the opposite? Instead of focusing on vertical e-commerce, let's kill Kaixin001 first!"

"The idea is good, but Kaixin.com isn't so easy to destroy!" Sun Yizhou sighed.

Both being social networks among acquaintances, Kaixin001's rapid growth has long made it a thorn in the side of Renren.com.

Sun Yizhou wanted to kill his opponent every moment, but alas, it was difficult!

"I have a brilliant idea. Have you noticed that Kaixin001's domain name is 'www.kaixin001.com', not 'www.kaixin.com'?" Ye Feihang said with a smile.

"It really is!"

"Who owns the domain name 'www.kaixin.com'?" Ye Feihang asked meaningfully.

Sun Yizhou understood: "You mean we should buy back the domain name 'www.kaixin.com', then create a fake 'Kaixin.com' website to steal users and traffic from the real Kaixin.com!"

Ye Feihang nodded: "That's right. As long as we acquire the 'www.kaixin.com' domain name, we can create a one-to-one copy of the real 'Kaixin.com' website and then promote it extensively. It can completely fool users, making it impossible for them to tell the difference between the fake and the real thing, thereby diverting users, revenue, and profits from the real Kaixin.com!"

"Brilliant, absolutely brilliant! Both websites are called Kaixin.com, and the pages are exactly the same. Users can't tell the real one from the fake one at all; they can only tell by the domain name."

"But our fake Kaixin.com's domain name 'www.kaixin.com' is more real than the real Kaixin.com's domain name 'www.kaixin001.com'!"

"I estimate that most users will mistake our fake Kaixin.com for the real Kaixin.com, and the real Kaixin.com for the fake Kaixin.com!"

"New users, in particular, mostly think so."

Ye Feihang nodded: "Yes, as long as we buy the domain name and leverage our strong resources and capital to push it forward, at least half, or even 70%, of the traffic, users, and revenue of the real Kaixin.com will flow into our fake Kaixin.com. Then the real Kaixin.com will be completely ruined and will no longer be a match for Renren.com!"

"Especially now that Kaixin.com is busy copying YouTuan International to do vertical e-commerce, we can take this opportunity to buy the domain name, create a clone of Kaixin.com, and cut off their supply line!"

"Brilliant! Absolutely brilliant! Let's do it that way!"

President Sun Yizhou couldn't help but give a thumbs up: "Talent, you really are a talent!"

"Feihang, I'm leaving this matter to you!"

"Immediately send someone to contact the owner of 'www.kaixin.com' and buy the domain name, no matter the cost!"

"At the same time, immediately remove all the elite personnel and have them work overtime to create clones of Kaixin.com's webpage, as well as its wildly popular mini-games like parking space grabbing and friend trading—make them all clones!"

"We will concentrate the resources and strength of the entire Oak Pacific Interactive Group to do this."

"Create a fake Kaixin001 as soon as possible, cut off its supply line, and completely destroy Kaixin001!"

"Yes!"

Ye Feihang quickly agreed and made the arrangements.

The entire group is now operating at full capacity!
Buy domain names, copy web pages, copy games!
They simply copied Kaixin001, replicating it exactly, and then made some simple modifications.

Only in this way can users be unable to distinguish between the real and fake Kaixin001!

More importantly, this plan is very likely to succeed!
It's simple, brutal, disgusting, yet incredibly effective!
The CEO of Renren.com is full of anticipation!

He knew that this wave would cripple or kill Kaixin.com!

Kaixin.com was completely unaware of this.

Still busy copying YouTuan International to create a vertical e-commerce platform, and busy negotiating a strategic partnership with Sanniu...

After the launch of Fantasy Happy Mall, it completely crushed YouTuan International and took its place...

(End of this chapter)

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