Transmigrating Through the Heavens: Starting with the Silly Pillar of the Courtyard

Chapter 165 Today's Headlines Launch

Wu Tao checked the recent gold price, which is currently $1538 per ounce.

Wu Tao has 10,000 gold bars in his personal storage space. Each gold bar weighs one kilogram, which is equivalent to 320512 ounces. At the current gold price, it can be directly exchanged for 493 million US dollars.

With nearly $500 million in cash, Wu Tao's net worth could quickly make him a billionaire.

Having money is one thing, but figuring out a legitimate way to get it is another.

Wu Tao can only deposit his money in a Swiss bank for now; he must quickly find an industry where he can make a fortune.

At this point, Wu Tao began to ponder his skills. Thanks to his several time travels, Wu Tao now possesses quite a few skills.

Special forces soldiers need no introduction about the Eight-Section Brocade exercise for health preservation.

Cooking, fitter, carpenter, blacksmith, and director—these five survival skills are what Wu Tao relies on now.

What could make Wu Tao rich quickly is certainly not survival skills like cooking, metalworking, carpentry, blacksmithing, or directing.

At that time, the fastest way to get rich was through the Internet.

Considering the future internet giants, Wu Tao decisively chose to invest in Toutiao.

Wu Tao had an idea, so he returned to Jiangcheng. This time, Wu Tao brought back ten million US dollars from abroad.

Wu Tao quickly established a company called Toutiao in Jiangcheng, rented office space, and recruited people.

This time, Wu Tao made a big move by renting a 3,000-square-meter office building in one go.

With a large investment, the company quickly recruited several hundred people.

Jiangcheng does not have its own internet giant, ByteDance (parent company of TikTok) with a registered capital of ten million US dollars.

The paid-in registered capital of 72 million RMB quickly attracted a lot of attention.

Wu Tao added another alias to his resume here; he registered an offshore investment company called Black Angel Investment Company in the archipelago.

Then, by using this investment company to invest in Toutiao, Wu Tao can justify his early funding when others ask him about it.

After all, in the internet age, creativity is priceless.

The newly established Toutiao is 80% owned by Black Angel Investment Company and 20% owned by Wu Tao.

With the influx of newly recruited internet professionals, Toutiao's development entered a period of rapid growth.

Wu Tao has also signed cooperation agreements with several domestic print media outlets, which will allow him to serialize their newspaper content in the future.

In addition to major print media, Wu Tao also contacted many self-media practitioners.

Furthermore, the company allocated 12 million yuan in its first round of funding to encourage media professionals to create content. From Wu Tao's return to the launch of Toutiao version 1.0 in December 2011, only five months had passed.

At this moment, a young man surnamed Zhang was sitting in his office, looking at Toutiao (a Chinese news and information platform) online, and felt as if a huge treasure had been lost to him.

This idea was exactly the same as the half-developed concept in his mind, including the name.

The young man surnamed Zhang suspected that his idea had been discovered by the other party, but he couldn't remember how it had been leaked.

He hadn't told anyone these things. In fact, many details only lingered in his mind.

Wu Tao had no idea that he had provoked a young man surnamed Zhang so much that now the Toutiao project was his.

An entrepreneur surnamed Lei once said that to achieve great success in entrepreneurship, one must find the right typhoon that can make pigs fly.

Toutiao perfectly fits this description. When the outside world finally noticed Toutiao, this wildly popular internet unicorn, Wu Tao appeared before the Chinese public for the first time.

With the increasing number of smartphones, click to begin the wondrous journey of "Crossing Through the Heavens: Starting with the Silly Pillar of the Courtyard." Currently, the number of smartphone users in China has exceeded one hundred million.

Today's Headlines created a miracle thanks to Wu Tao's large-scale investment in promotion.

Toutiao surpassed one million users in one day after its launch and ten million users in one week.

Because of its novel push notification method, Toutiao (Today's Headlines) basically keeps users scrolling through it once they've seen it.

A month later, Toutiao's user base had exceeded 50 million.

Wu Tao has quickly become a rising star in the Chinese internet industry, and he understands very well how traffic is generated.

A business owner who can't promote themselves isn't a good entrepreneur.

Wu Tao was interviewed by more than a dozen media reporters, and his story appeared in newspapers and on television.

Wu Tao, 28, is an orphan who works for a foreign trade company after graduating from university.

After working for three years, I felt that I couldn't continue like this, and an idea came to me.

Then, through Wu Tao's efforts, he found an investor in the United States who was very optimistic about Wu Tao's idea.

In an interview, Julie, president of Black Angel Investments, said that she was impressed by Wu Tao's passion and talent the first time she met him.

That's why they put money into investing in the other party. The first investment was ten million US dollars, and the second investment increased to fifty million US dollars.

Today's Headlines now has over 50 million users in the country, and that number is increasing every day.

Liu Ruyan saw Wu Tao's report online and realized that he had been missing for a long time and had recently done something remarkable.

Since her divorce, her partner has been rapidly improving his career.

Honestly, if Wu Tao had shown such abilities from the beginning, Liu Ruyan really wouldn't have wanted to rekindle her old flame with Chen Bin.

Liu Jiangcheng and Sun Wenli had also seen the report. The two sat at home, unsure of what to say.

The son-in-law succeeded, but he has already divorced his eldest daughter.

If Wu Tao and Liu Ruyan were still a couple, they, as elders, would naturally be happy and proud for each other.

According to media reports, Toutiao, despite being less than a year old, has already exceeded one billion RMB in valuation.

Black Angel Investments has now invested $60 million in Toutiao.

At an exchange rate of 7.2 to 1, Black Angel Investment Company has invested 430 million RMB in Toutiao.

Doubling the value to 1 billion RMB is not surprising; in fact, several major investment banks are now willing to invest 3 billion RMB in Toutiao.

Liu Ruyan wasn't sure if it was just her imagination, but when she saw Wu Tao on TV, she felt that he seemed even more handsome now.

Even when the camera was pointed directly at Wu Tao's face, no flaws could be seen. Wu Tao wasn't wearing makeup, and during the interview, he looked as if he had just finished a meeting that lasted all night.

Even with his hair a little messy, he only looked more mature and composed.

In particular, Wu Tao's answers to reporters' questions are now both humorous and philosophical, and he often comes up with a memorable quote.

Meanwhile, the other person always wore an air of confidence and passionate enthusiasm.

When interviewed by reporters, Wu Tao said that Toutiao is just getting started and he hopes to get it to have over 500 million users as soon as possible.

Toutiao has now launched an international version, with branches in as many as ten countries around the world, including the United States, the United States, Germany, and other countries.

Toutiao now has over 2,000 employees worldwide, and aims to exceed 20,000 within the next three years.

When asked about his relationship status, Wu Tao admitted that he had been divorced. When the reporter tried to press him further, Wu Tao avoided the topic.

What defines a "diamond bachelor"? Wu Tao is one now.