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Tianya Community will raise funds through means such as introducing strategic investments, restoring advertising business, launching a social e-commerce platform, and vigorously developing value-added services for members.
According to the official Weibo account of Tianya Community on March 1st, Tianya Community released an announcement late on March 1st regarding the resumption of business operations, progress in restoring access to the online platform, and the launch of the New Tianya Plan.
Tianya Community stated that in the next two months, they will spare no effort to raise funds not exceeding 10 million yuan through market-oriented means, specifically for the New Tianya Plan, with the restoration of access to Tianya Community and continuous operation as its core focus. The company will raise funds through means such as introducing strategic investments, restoring advertising business, launching a social e-commerce platform, and vigorously developing value-added services for members. They aim to ensure data security and compliance and restore access to Tianya Community by May 1st.
Upon the restoration of access to Tianya Community, a new international domain name, tianya.net, will be used. Additionally, the company will launch a "Global Travel and Fashion Consumption Social Platform" under the brand of tianyaclub.com, the original domain name of Tianya Community, providing membership-based e-commerce services. Leveraging the supply chain advantages of the Hainan Free Trade Port, they aim to create an online version of Costco. The 1.0 version of this platform will be launched within one month.
Tianya, which once had over 130 million registered users, faced a fund rupture due to a single failure.
According to Chongqing Morning Post, the 1990s was the era of Chinese Internet BBS forums, with forums such as Shuimu Tsinghua, Mop, Tianya, Sohu Forum, and Sina Forum emerging successively. When Tianya Community Network Technology Co., Ltd. was established in 1999, its registered capital was 93 million yuan. At that time, Alibaba had just been founded, and Tencent had only been established for a year.
According to Tianya's disclosed data, by 2003, Tianya had 3 million registered users, with daily traffic of around 20 million. At that time, there were only 79.5 million Chinese Internet users. Before the rise of mobile Internet, Tianya, as the largest Chinese Internet community, had over 130 million registered users and a monthly coverage of over 250 million users.
Tianya's former domain name was tianya.com, which later changed to .cn because the holder of the .com domain name was an individual who was an employee of Tianya. Later, due to conflicts with the company, the domain name was redirected. Fortunately, the company promptly applied for a new domain name.
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