Just a few months ago, the data tariff standard set at the beginning of 2015 had decreased.
However, it hasn't triggered the catfish effect yet.
The current package only offers a few gigabytes of data, which is not enough for everyone to stream videos for a month.
At this time, the King Card that Penguin and Unicom are collaborating on has not yet been issued.
But... the data-free card that Xiangnu is negotiating with Mobile is about to be released, probably in early March.
This cooperation involves 2.6 billion in funding, which will be provided by Convolution Company and will dilute Xiangnu's shares.
In the angel round of Live Diary, Jiang Banxia invested 300 million and took 20% of the shares, while Xiangnu's shares were diluted from 25% to 20%, and Li Yang's from 75% to 60%.
In the A round of Live Diary, Convolution Company contributed 3.6 billion, taking away 40% of Live Diary's shares.
Xiangnu's shares fell from 20% to 12%, Jiang Banxia with 12%, and Li Yang with 36%.
