Love? The Reborn Me Just Wants to Obtain Rewards
Chapter 923 - 381: The First Richest Post-90s Individual_3

Chapter 923: Chapter 381: The First Richest Post-90s Individual_3

At the end of the month, Douyu successfully went public in the U.S., with its stock price surging on the first day. Investors highly recognized Xingyu’s contributions to the platform’s stable operations.

By the end of July, Huya also successfully listed on Nasdaq, with its stock price soaring as well.

Immediately afterward, under Tencent’s coordination, Xingyu acquired Longzhu Live in full for $650 million, merging it with Dog Star Platform and renaming it Star Shining Live.

As soon as Star Shining Live launched, it quickly became the third-largest platform, pushing Panda out of the way.

It soon surpassed Huya, overtook Douyu, and took the lead effortlessly.

The unexpected rise of Star Shining Live also triggered a merger frenzy among livestream platforms. The industry entered a fierce battlefield of spending money, attracting investments, and burning cash to the point of bankruptcy.

But this had absolutely nothing to do with Xingyu. The only problem left for Su Huai was capital maneuvers—nothing more.

By March 2020, Panda, which had been forcefully kept alive by Pei Shuyu, finally met its fate and officially shut down.

The platform’s problems were never about the streamers; its best descriptor was "an incompetent general leading to the defeat of the entire army."

Before Panda’s collapse, Star Shining had already taken over most of its streamers. After Panda folded, Su Huai held a repurchase agreement involving unpaid wages, revenue-sharing dividends, and other debts totaling RMB 3.3 billion, and had a private conversation with Wang.

There was no wasteful banter—he directly asked Wang for Wanda Movie.

At the time, Wanda Movie’s total market value was approximately RMB 27.5 billion. Su Huai asked for a 12% stake without any discount.

However, he promised that the matter would be resolved privately and that Wang’s public image would remain unaffected.

Wang was struggling—he sighed and offered 10%, but agreed to grant Su Huai the priority acquisition right for Wanda Movie.

"If I ever need to sell the theaters, you have the top priority."

"OK, deal."

At this point, Xingyu’s layout in the entertainment industry was fully formed.

At the start of 2021, Su Huai sold all his shares when Douyu’s market capitalization peaked.

Xingyu offered only the most cursory explanation. From that day onward, Douyu’s stock price began a long downward spiral until Chen Shaojie’s scandal broke.

Star Shining Live did not bother to absorb Douyu—it was unnecessary.

Star Shining itself had already become a behemoth, siphoning off Douyu’s streamers and relegating it to a footnote in history.

Soon afterward, due to Douyin’s growth, both YY and Huya were rapidly declining. Su Huai effortlessly turned Star Shining into the largest and only remaining entertainment platform, standing shoulder-to-shoulder with Douyin.

On the business front, he pushed the industry’s boundaries to their limits. In the trillion-dollar gaming livestream market and the trillion-dollar entertainment livestream market, Xingyu claimed a staggering 45% share overall.

In the livestream e-commerce sector, Xingyu stood head and shoulders above all competitors.

Wei Ya, "Several Sheep," a certain "Sea Fir," a certain couple—one after another—they collapsed. Dong Yuhui, Zhang Dayi, and Li Jiaqi weathered the storms and emerged ever more resilient.

Li Ziqi still hadn’t hosted a livestream, but her snack brand continued to innovate daily.

After a certain store’s financial scandal, Li Ziqi-brand snail noodles, known for their pure sweet potato starch ingredients, finally shook off negative rumors of high prices and established an outstanding reputation for "dedicated product quality and only good goods."

During those special three years, Xingyu’s entire staff and influencers collectively charged to the frontlines of the fight, employing every tactic, giving their all, and ultimately completing the final piece of Xingyu’s cultural identity.

"Being an influencer is just a job. Cherish opportunities, use your influence wisely, be honest, kind, care for the nation and its people, and do not waste your youth or time."

At age 24, the year the special period ended, Su Huai ascended to become the richest post-90s entrepreneur—it could no longer be kept under wraps.

At this point, although Xingyu was not yet listed, Su Huai, holding 29.35% equity in control, was ranked by Hu Run as #34 on the 2022 National Billionaire List with a net worth of RMB 88.8 billion.

Frankly speaking—it was underestimated.

However, he did not care about this and continued to lead a low-key life.

Work, teasing Gu, work, playing with Yueyue... monotonous yet not boring.

But in 2023, he had no choice but to go high-profile for once.

Like raising a child, he finally nurtured Gu Jiuyue’s health back to 80. And then, one day, Gu Jiuyue suddenly proposed to him.

**********

Exhausted, frustrated, and drained—this is about the limit.

This was a very unsuccessful attempt; I strove to write plenty of authentic yet dull content and depleted myself in the process.

Yet it was also an immensely valuable experience—I realized I prefer writing fiction over stock trading.

Work is work, and hobbies are hobbies; no one said you can’t indulge in both.

There’s still some loose ends to tie up, but I’m already impatient to start drafting new ideas.