Douyin Has Gone Berserk

The Internet industry developed faster than other industries because it could ignore space and time.

But in the same way, when companies like this died, they died quickly too—just look at Eleme.

No orders meant fewer delivery riders. Fewer riders meant slower deliveries. Slow deliveries annoyed users, and annoyed users meant no orders.

Once this vicious cycle began, a company would collapse like a line of dominoes.

Not long after Eleme started burning money on discounts, it suddenly issued an announcement postponing its revenue settlement period. The originally scheduled fifteen-day Eighty-Percent Carnival also came to an abrupt end on the seventh day.

No company could withstand endless money-burning, especially when the results were still poor.

When the news spread, the entire industry was in an uproar.

After all, this was only Douyin's first attempt at commercialization. All it had done was add a port and update a notification, yet Eleme had already begun to teeter on the verge of collapse.

Many people in the industry began talking about Jiang Qin, believing that 2012–2015 had been the peak of his dominance.

Group buying, food delivery, supply chains, ride-hailing—everything had flourished.

But only now did they realize that Jiang Qin's control over the market was actually growing stronger. He had not even reached his peak yet. This time, even Alibaba was struggling to hold on.

So what would come next? People in business were not fools. Some things became clear with a little thought. This was only the beginning.

"Boss Cui, please find a nail technician with good skills and have her give my wife a nice manicure!"

"Oh, President Luo? Long time no see."

In Kyoto, at Wanzhong Mall, Robin, the former manager of Lashou Website's Shanghai division, walked into a nail salon with Madam.

Upon hearing the news, Cui Yiting