Renren’s official account on Renren announced that it had received an investment of 10 million from Yinshan Capital.
In the future, the two parties will carry out comprehensive cooperation in the Internet and interactive fields.
The news of 10 million yuan in financing caused a lot of waves in the Internet circle.
Some people are optimistic about the development trend of Renren, while others are pessimistic about Renren’s future.
Various experts and media take turns to give guidance.
Most insiders rank Renren in the second echelon of Internet projects based on its financing scale.
Chen Wei also rushed back from the West China market. In the future, she will be fully responsible for the overall operation of Renren.
In mid-April, Lu Yang held the first round of management meetings.
Participants included Chen Wei, Fan Pingchuan, Jia Xin, Gao Huixia, Lu Yong, and Xie Zhiqiang.
Lu Yang first assigned tasks to Jia Xin.
This summer, Jay Chou and JJ Lin must sign their accounts on Renren. Their new album will be released soon, and Renren can promise to help them with marketing across all platforms.
2004 is recognized as the era of fighting between gods in the Chinese music scene.
Those "Qili Xiang" that ran through our youthful life, as well as the popular "Jiangnan", "Love You" by Sweetheart Leader, the online songs "I Will Remember You in the Next Life", "Lilac", and countless other mothers' favorites
"Two Butterflies" and "Mouse Loves Rice".
Previously, Lu Yang had not contacted Director Jay Chou because of the financial constraints of the company.
Now that I have money, I can give it a try.
Jia Xin looked at the list handed over by Lu Yang. She was already surprised that Lu Yang could accurately predict whether a song would be a hit.
Because Lu Yang is half a member of the music industry, she attributed this to Lu Yang's professionalism.
Lu Yang tapped his fingers on the conference table: "Jia Xin, remember, we are bound to win Qilixiang and Jiangnan!"
Jia Xin looked serious and said, "I understand Mr. Lu!"
Gao Huixia next to her was frightened.
This is an investment of 10 million, and Mr. Lu has actually started spending money lavishly again.
Lu Yang turned to Gao Huixia and said: "Sister Gao, in the future, for financial approval of various departments, if the funds are less than 10,000 yuan, just ask Lu Yong to sign. If the funds are more than 10,000 yuan, please ask me for approval. In addition, all bills must be kept as backups."
Gao Huixia nodded to express her understanding.
Lu Yang: "Our company has a small number of people now. I hope everyone can get along well with each other in the future. I will try to help you achieve financial freedom."
Next, everyone talked about some work-related issues, and various departments reported on their performance during this period.
After the meeting ended, Lu Yang asked Fan Pingchuan, Chen Wei and Lu Yong to stay.
Lu Yang took out two file bags from the table and handed them to Fan Pingchuan and Chen Wei respectively.
"This is our next business plan, take a look."
As one of Lu Yang's own, Lu Yong had already seen these plans.
To be honest, even a low-educated person like him thinks it is awesome.
Fan Pingchuan opened the business plan.
When he saw the contents inside, his eyes showed joy.
This is Renren’s development plan to enter the online game industry. Lu Yang had communicated with him a long time ago about the idea of developing online games.
Unfortunately, they had no money at that time and could only keep this plan in their stomachs.
Now that I have money on my books, I can finally let go.
Chen Wei also reacted: "Lu Yang, are you ready to implement it?"
Lu Yang nodded: "We have relatively sufficient funds now. Mr. Fan, you have to hurry up and implement it. Sister Wei, you can help Mr. Fan set up the game team framework first. It needs to be at least ten people in size. In addition, the network maintenance of Renren also needs to be done."
Can’t fall behind.”
Fan Pingchuan patted his chest and assured: "Mr. Lu, don't worry, I promise to complete the task."
Lu Yang is very satisfied with Fan Pingchuan’s dedicated work spirit, and he must be named a model worker by the end of the year!
He has wanted to enter the online game industry for a long time. Nowadays, the game industry is a blue ocean.
None of the domestic PC games are really good, most of them are monopolized by foreign countries.
In 2004, Kart Racing had not yet been born, Audition had not yet been born, and there was still a journey to become awesome...
He remembered the most outstanding person in the journey. This person dominated the journey and always played the role of the legendary brother. It is said that he spent more than 24 million yuan from 2006 to 2009.
It's so inhumane!
Many games almost entirely rely on those super rich players to support the operations behind them, and it is impossible to make money from ordinary players.
Lu Yang stayed in the company discussing with Fan Pingchuan until evening.
He is responsible for providing Fan Pingchuan with ideas for racing karts.
For example, there are various race tracks, various racing cars, and character portrayals.
Fan Pingchuan understood the game ideas very quickly and even drew many simple models on the draft paper.
Lu Yong often goes to Internet cafes to play games, and he and Fan Pingchuan started discussing.
Chen Wei asked Lu Yang: "If this continues, our 10 million yuan in financing may not take long."
Lu Yang looked at Chen Wei. She had been running business outside for half a year. She looked much more capable and her figure was still as good as ever.
He knew that Chen Wei had just returned from a business trip and didn't know much about the current registered users of Renren.com.
Lu Yang explained: "Our users are also increasing. There are currently two million registered users, and the number of casual games is also increasing, with the number of members exceeding 60,000."
Chen Wei was surprised: "So many?"
When she was on a business trip this year, Renren had only 30,000 member users, which doubled in just two months.
This also means that Renren’s monthly membership income reaches more than 500,000 yuan, not counting advertising business.
Lu Yang has now handed over the advertising business to Xie Zhiqiang, which generates more than 300,000 yuan in advertising revenue every month.
This is his theory that buying a house is similar to buying onions.
At this moment, Lu Yang's phone rang. It was Huang Bingqian's call.
He signaled Fan Pingchuan and Chen Wei to continue communicating and answered the phone himself.
Huang Bingqian said on the phone: "Lu Yang, those 100 MP3 players arrived today, and there are a few questions I don't understand about Taobao. Can you come over and help me?"
Lu Yang lamented that the efficiency of Lao Lu's factory was indeed low, and the production capacity could not keep up. The shipment was delayed by a full week, and the logistics took another three or four days to transport on the road.
He said on the phone: "You should leave the MP3 at home first, I will come over later after I finish my work."
Chen Wei heard a female voice on Lu Yang's phone and quietly asked Lu Yong: "Who is on the phone?"
Lu Yong: "Lu Yang's high school classmate."
Chen Wei said softly, her voice didn't sound like Gu Xiaowan, maybe she was hooking up with someone else.
She asked: "Did you break up with Gu Xiaowan?"
Lu Yong: "No."
Chen Wei:......
Xu Xiaoxiao and Gu Xiaowan are still not satisfied.
Ha, tui, what a philandering man!
After Lu Yang finished the phone call, he continued to preside over the meeting.
He asked Fan Pingchuan: "Senior Fan, will Kart Racing be available for internal testing at the end of this year?"
Fan Pingchuan hesitated: "I'll try my best, this workload is a bit heavy."
Lu Yang said seriously: "It's not a try, but a must, because we don't have much time left."
He asked Lu Yong to rent more than 200 square meters in Area B next to Haifeng Building to form a gaming team specifically for Fan Pingchuan, and asked Chen Wei to complete the recruitment of the team as soon as possible.
After the meeting, Lu Yang drove to Chunlei Garden.
Huang Bingqian wore an apron and opened the door for Lu Yang.
At this moment, Lu Yang suddenly realized that Huang Bingqian looked like a young daughter-in-law waiting for her husband to come home.
She has a fair and rosy face, her hair is tied up in a low ponytail, and she wears a close-fitting T-shirt that makes her figure look plump and plump. Her eyes reveal joy from the bottom of her heart...