Original link: https://www.williamlong.info/archives/7150.html
Recently, some netizens discovered that the official website of Tianya Community, which carries the memories of the post-70s and 80s, can no longer be opened, and the relevant page displays “This website cannot be accessed”. In addition, the Tianya Community App cannot be opened normally, and the page displays “No Network Connection”.
On April 26, many netizens expressed their feelings in the comment area of @天涯社区官博. “Tianya Community” replied in the comment area: What we mainly focus on is a companionship. Say a word that reveals your age: I will come back…; Don’t go, I still love you when the rain doesn’t stop.
A few days ago, some netizens discovered that the official website of Tianya Community could no longer be opened, and the relevant page displayed “This website cannot be accessed”. As of now, the site still doesn’t open.
The official Weibo of Tianya Community announced on April 1 that the platform will be inaccessible during the recent technology upgrade and data reconstruction. “Please wait patiently.”
Although the official website cannot be opened, the official Weibo of Tianya Community is still actively “operating”. Netizens left messages under the several messages he posted asking: “The Tianya community can’t be opened, what’s the matter?”
As of press time, the official Weibo of Tianya Community has not issued any statement on this matter.
After discovering that the Tianya community could not be opened normally, netizens set off a wave of mourning on social platforms: Tianya is closed, Tianya is so close, and we will never see each other again.
Due to the deteriorating business situation, there have been rumors of closure many times before
According to Securities Times e Company, as one of the most influential communities in China’s Internet BBS (Internet Forum) era, Tianya Community has carried too many memories of netizens, and because of this, its every move has attracted much attention.
Due to the deteriorating business situation and the closure of other products in the same period, Tianya Community has been rumored to be closed many times before.
The most recent time was at the end of November 2022. Due to a network failure that lasted for several days, the Tianya community was revealed to be closed. However, the Tianya community refuted the rumors, saying that the fault has been repaired by the technical team, and that some articles circulated on the Internet misled the public and had a bad impact on the reputation of the Tianya community.
According to public information, Tianya Community was founded in 1999 and is affiliated to Tianya Community Network Technology Co., Ltd. It is a global Chinese online community platform. There are many Internet celebrities who are popular. The platform covers more than 200 million high-quality users every month, more than 85 million registered users, and has tens of millions of high-loyalty, high-quality user groups with super popularity, human experience and interactive original content.
In August 2015, Tianya Community Network Technology Co., Ltd. was listed on the New Third Board. At that time, the company had more than 700 employees.
In March 2015, the number of registered users of Tianya Community exceeded 100 million, and the total revenue of Tianya Community also climbed to a peak of 173 million yuan that year. However, from 2013 to 2016, it continued to lose money, with a cumulative loss of more than 100 million yuan in four years.
During the listing period of Tianya Community on the NEEQ, problems such as revenue decline, continuous losses, and negative cash flow have occurred. In 2016, Tianya Community implemented additional issuance, and planned to raise funds from 54 million to 210 million yuan. However, Tianya Community, without fulfilling the filing procedures, used the subscription funds of some subscription targets in advance to pay employee salaries, telecommunication hosting fees, fiber optic fees, etc.
Tianya Community announced in April 2018 that based on the company’s business development needs and long-term strategic development plan, and comprehensively considering the cost of listing maintenance and the introduction of valuation by follow-up investment institutions, it plans to apply for delisting from the New Third Board. In April 2019, the listing was officially terminated.
On April 17, 2019, Tianya Community publicly stated that the delisting was applied by the company on its own initiative. After the delisting, the company will seize the opportunity of China’s capital market under the registration system trend, officially launch the IPO plan, and deploy social platform technology innovation and business model upgrades Finally, actively prepare for the Sci-Tech Innovation Board and seek better development.
According to Qixinbao, the risk information shows that the company currently has 6 pieces of information on persons subject to execution, and the cumulative execution target exceeds 146 million yuan.
At the same time, Xing Ming, the founder of Tianya Community, has 80 restrictions on consumption.
Netizen Suggestion: Open the payment function
As one of the earliest online forums, Tianya Community has a strong community atmosphere, which makes many netizens feel reluctant to part with the website. When the news of the closure of the End of the World community came out again, it also aroused the collective memory of netizens again.
However, in addition to memories, some experienced users also hope that the Tianya community can properly handle a large number of posts, provide related export functions, and are even willing to pay for it.
“Let’s start crowdfunding, I still want to follow my posts until I am old.” “Can you pay to download your posts?” “You can open paid services, such as registration paid services, member paid browsing, etc. I hope the Tianya community can keep the operating income as much as possible.” Netizens put forward various ideas and suggestions.
Some netizens said that every time the forum crashed, they wanted to export the posts, but they were full of confidence after each recovery, and the idea of importing the posts was shelved. The idea of the post has been shelved, “If it can be repaired this time, I have to export the post no matter what.”
Can’t afford server fees
According to Leifeng.com, the reason why Tianya suddenly closed its website was that it owed Hainan Telecom more than 10 million yuan in server fees. The arrears lasted for more than ten years, and it had to sell all its assets to Hainan Telecom to pay off the debt.
In addition, the news broke that Tianya not only owed debts to the outside world, but also owed employees wages and social security internally. At present, there are only more than 20 employees left in the company. In addition, as of the end of last year, the total amount of execution of Tianya Community Network Technology Co., Ltd. has reached 139 million yuan, and its founder Xing Ming has also been restricted from high consumption.
Going back to the available public data, Tianya was listed on the NEEQ in August 2015, but in the years before and after the NEEQ, Tianya has been losing money. From 2013 to 2016, Tianya’s cumulative loss exceeded 100 million yuan.
In 2016, Tianya Community planned to raise 54 million yuan to 210 million yuan through additional issuance, but the fundraising subscription was not smooth, and the final fundraising scale was almost halfway.
However, one of the subscribers, China Fortune Land Development, remitted a total subscription price of 22 million yuan to Tianya’s account shortly after Tianya announced its fundraising plan. After penetration, it was found that the two shareholders were related.
After receiving the subscription money, Tianya hastily withdrew the payment of employee salaries, telecom hosting fees, fiber optic fees, etc. without fulfilling the filing procedures. It can be seen that Tianya’s financial situation has been very worrying in the early years.
In the end, Tianya was delisted from the NEEQ in 2019. It stated to the public that it comprehensively considered the cost of listing maintenance and the introduction of valuation by follow-up investment institutions. During the period of listing on the New Third Board, Tianya was once suspended for two years due to qualification issues, and its profitability did not improve. However, Tianya then said that it would prepare for the Science and Technology Innovation Board, but it has not even seen the prospectus.
Looking back at the data of the Tianya Forum at that time, it is basically impossible for it to go public and win the favor of capital. From 2018 to 2019, the penetration rate and MAU of Tianya experienced a cliff-like decline. According to Jiguang Big Data, as of the first quarter of 2019, the installation penetration rate of Tianya community was only 0.2%, and the MAU was less than 700,000. In the same period, its competitor Baidu The MAU of Tieba is 40.47 million, and the two are obviously not at the same level.
In the past year, Tianya’s monthly active users have basically remained at around 600,000. Compared with other comprehensive community forum apps, even the most vertical Douban has more than ten million monthly active users. Tianya’s decline is already very obvious.
Daily Economic News Comprehensive Tianya Community Official Blog, Securities Times e Company, Tianya Community Official Website, Qixinbao, Public Information
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