Each expense was 1.2 million.
At the same time, it also organized a mega youth party on The Bund.
Spending 450,000 every day, it invited three thousand people to enjoy sightseeing cruises on The Bund.
And gave away a fan decorated with the Water Cloud Space logo and Antler Coffee patterns.
There were no limitations, it was simply a matter of first come, first served.
Meanwhile, it also splashed its ads on countless electronic screens throughout Magic City for the Water Cloud Space New Year's Eve 2016 Celebrity Music Festival.
For a time, it seemed like the whole Magic City was buzzing with Water Cloud Space news.
This high-end brand from Capital City,
had finally landed in the Magic City market in an unimaginably grand manner.
Driving past the Zhendan Building on The Bund in his Rolls-Royce, Wang Yanfeng looked up to see this displeasing scene.
The failure of Male Cat Live Streaming had not affected his quality of life.
After all, he was the only son of old Wang.
Even after losing more than two billion, he was still living quite well.
It had been half a year since the CEO class of 2014 had graduated, and in that time, the twenty-odd classmates had scattered across various regions,
Each telling their own business stories.
Only this Chen Pingsheng seemed to be on a winning streak.
He was in the news everywhere.
Today Bobo Milk Tea goes public, tomorrow he takes over as CEO with strong resolve, not only did he drive the stock price back to its initial offering within a month,
but he couldn't be stopped.
He proved once again to the capital market that he, a native-born capitalist, was incredibly bold.
Indeed, the classmate he once looked down upon simply couldn't be described as an entrepreneur anymore.
He himself had become the capital.
Bobo Milk Tea had just gone public, and Antler Coffee was making strong appearances in places like Capital City and Magic City. Thɪs chapter is updated by novel⦿fire.net
Overnight, its presence was seen on every prime street corner.
Antler Coffee was another retail beverage project in which he had collaborated with Tong Zelan again.
Of course, he knew that.
What surprised him, though, was that since Antler Coffee had opened, there had been no news of any financing.
Given its pricing and rate of expansion,
It wouldn't be surprising if they said it was losing seven or eight million a day.
Such a cash-burning project, yet he apparently didn't need to fund the risk through someone else's money at all.
That could only mean he was extremely confident.
Wang Yanfeng was also very aware that, given Chen Pingsheng's current reputation in the capital circle, if he wanted to start a project,
it'd be like child's play for him to find a few billion in funding.
Loads of people wanted to invest in him.
The reason, of course, was that he was reliable and his projects tended to succeed beyond expectations.
Even Fei Yangyang, which he had once copied, had successfully IPO'd.
The fact was, in traditional industries, this man had already formed his own set of effective strategies.
Nowadays, the industries he had brought to Magic City were obviously becoming increasingly numerous.
The Tenghui Department Store, Tengsheng Seafood, and Tengsheng Fruit stores unknown to others
Now even Water Cloud Space, famous in Capital City, had landed in the Magic City market with such a strong posture.
And over in Pudong, across the river,
the 12-story headquarters building Water Cloud Space bought for 900 million stood majestically in a location swarming with famous companies.
As for Tengying Group, it was even more exaggerated.
The twenty-something-story headquarters building came at the high price of 1.6 billion.
Any company that could spend several billions on a headquarters in such a prime location was famously successful.
For a moment, Wang Yanfeng was so awe-struck that he started staring blankly.
He didn't even notice the constant honking behind him reminding him to move.
"Feng, do you know about that company called Water Cloud Space?"
The female companion beside him asked, she was a pretty vlogger.
She looked innocent yet seductive.
This was the vlogger he'd been pursuing for over a week.
She knew how to get his favor, and her ability to read the room wasn't bad either.
Wang Yanfeng said nonchalantly, "It's run by a classmate from the CEO class."
"So it's Feng's classmate, no wonder they spend like there's no tomorrow. I heard they're doing really well in Capital City, and they're opening two flagship stores on The Bund on the same day; that's why there are ads everywhere," she said.
Wang Yanfeng glanced at her indifferently, unsure of what he meant by that look.
Ever since the vlogger became his girlfriend, her online fame had skyrocketed.
Perhaps knowing that this rich young man ultimately wouldn't marry her, she also used her newfound fame to do her own clothing business online.
The phrase thriving doesn't even begin to describe her current clothing business venture.
No wonder so many crave popularity; it turns out that traffic is indeed valuable.
But the things she valued, Wang Yanfeng simply didn't care for.
Just as he had mocked Chen Pingsheng for selling milk tea, saying it was only fit for a child's table.
As it turned out, business is not about size, it's all about how you manage it.
The small business of selling Bobo Milk Tea, wasn't it listed in Xiangjiang with a market value of up to fifty or sixty billion?
Calling it the first stock of the milk tea industry was no exaggeration.
Back then, probably no one in the class could have imagined Chen Pingsheng selling milk tea could reach this level, right?
After all, the best he had done in Capital City was selling fruits and managing Tengying Entertainment.
Who knew that within a year he would create a listed company out of a milk tea business?
And what's most exaggerated is that the CEO of Bobo Milk Tea is a female university student who hasn't even fully graduated yet.
She's still in her senior year of college.
This legendary experience made the female CEO incredibly popular among young people, including the college community.
It also kept the heat around the Bobo Milk Tea brand from ever cooling off.
The first stock of the internet celebrity brand.
He estimated the brand's market value would experience further growth.
A milk tea business, yet it became a hundred-billion-valued company.
It was truly beyond his expectations.