My rebirth is different

Chapter 625
Why did Yu Wenfei choose Wal-Mart?
Wouldn't it be good to choose China Resources Group? If we can cooperate with such a powerful and well-backed group like China Resources, we will have a strong ally in China in the future!
This is to talk about the Wal-Mart family behind Wal-Mart, which can also be called the Walton family.

"Fortune" magazine once commented on the Walton family: "Forget Bill Gates and Buffett. In the United States, it is the Walton family that really has an influence on the American economy and society."

From the perspective of family wealth, it is obviously the same. The wealth of the Walton family is more than the sum of the wealth of Bill Gates and Buffett; in 2003, the total wealth of the Walton family was more than 300 billion, which is even Higher than the GDP of Singapore!

What is a rich country, this is it!

Of course, no matter how rich the Walton family is, it has little to do with Yu Wenfei. What Yu Wenfei likes is the influence of the Walton family in North American politics.

Some people may say that none of the Walton family holds important positions in the political arena, so where is the influence?
This question is very simple, because the Walton family controls the employment opportunities of more than 100 million people in North America, and may indirectly affect more than 1000 million people!It is also the world's largest retail group!

These votes are enough to make any political dignitaries respect this family.

In 2003, the founder of Walmart, Sam Walton, died, leaving only his widow and four children.

Helen Robson Walton, wife of Walton Sr., is serving as chairman emeritus of Wal-Mart Corporation.He has four children with Sam Walton and owns $184 billion in assets.

Robson Walton, eldest son of Walton Sr., was 2003 in 58.Divorced with three children.Has assets of 290 billion US dollars.

John Walton, the second son of Walton Sr., was 2003 years old in 56.Married with one child.Has assets of 250 billion US dollars.

Jim Walton, the youngest son of Walton Sr., was 2003 in 54.Married with four children.Has assets of 310 billion US dollars.

Alice Walton, daughter of Walton Sr., aged 2003 in 53.Divorced, no children.Has assets of 300 billion US dollars.

Look at this family...

All of them are billionaires!

In a money society like the United States, huge wealth means power, so anyone who really understands America knows the influence of the Walton family in North America.

…………

It just so happened that the company that Yu Wenfei was planning to acquire belonged to the United States.

And because this company is well-known and has a huge influence in the industry, if it wants to acquire it, it must be approved by the US Congress and the Committee on Foreign Investment.

It is said that this is a legal and compliant acquisition, and there is no reason why it should not be approved, but you should not think that foreigners are more efficient in handling affairs.

They are not friendly to foreign investors at all. They may review you for a year or so, and they will consume you to death!
So the best choice is to find someone to lobby and speed up the review.

So Yu Wenfei took this opportunity to get in touch with the Walton family...

Besides, even if the company is not acquired, the Facebook family, including the companies under Star Technology, will inevitably go to the world in the future.

It is also necessary to make some strong allies in the United States in advance.

The Walton family is obviously one of the best choices.

Not to mention that Wal-Mart's bid was the highest this time, even if their bid wasn't that high, as long as it wasn't ridiculously low, Yu Wenfei would sell Kellogg to them.

Sometimes, selling a business isn't just about the money.

…………

The two parties happily reached an acquisition intention and initialed the acquisition agreement, and there are still many procedures to go.

Naturally, Yu Wenfei didn't need to do it himself, and Zhou Mengyi could just leave the rest of the work to the matchmaking. After all the procedures were completed, it would probably take some time to actually announce the success of the acquisition.

Wal-Mart is indeed rich. This kind of huge acquisition of more than [-] billion yuan has not done any equity replacement or installment payment like other companies.

Scott readily stated that as long as there is no problem with the due diligence, after signing the formal acquisition contract, all the acquisition money will be transferred to the account designated by Yuwenfei.

120 billion RMB!
Even Yu Wenfei couldn't help being a little excited.

Of course, 20 billion of this was to be distributed to Hu Jinchang, and what he got was only 100 billion.

The money is still not enough.

I still have to think of a way and raise some funds to ensure that I can achieve my goal.

…………

The matter at Jiale came to an end, and after Zhou Mengyi and the other party finished discussing the details and going through the process, Yu Wenfei continued to go back to work on the launch of WeChat, which was the most important event in the near future.

The start-up capital of the WeChat project is only the [-] million U.S. dollars that Yu Wenfei left in the account of Xing Technology, which can not be said to be small, after all, it is one billion yuan when converted into RMB.

The servers and computer rooms are all free from the leased Facebook side. The part of the computer room and servers allocated by Facebook can’t be used up by itself, and they are idle, and they can just be used by WeChat.

Of course, WeChat's own server and computer room should also be prepared quickly. After the number of users increases in the future, it may not be enough.

The one billion yuan, in addition to ensuring the wages and benefits of the project team employees, will all be invested in the construction of the computer room.

Moreover, after the scale of WeChat increases, the pressure on the computer room will be huge, and the money may not be enough.

Yu Wenfei is also very headache. In the eyes of outsiders, he has a great reputation, controls several promising Internet companies, and has a net worth of over tens of billions.

But only he himself knows that whether it is tens of billions or billions is meaningless, it is just a number, and there is no way to realize it.

But at present, the funds for the development of enterprises must be paid out in real money.

Facebook and Facebook Games have other shareholders at least, and they can share the money when they need to contribute.

Wechat currently has only one shareholder, and no one can share the pressure with me.

As for the money from the seller, Le Supermarket, it is also "specially earmarked". Yu Wenfei has already planned it and cannot embezzle it, so WeChat has to find a way to raise some funds.

........................

In Yu Wenfei's office, Li Xin came to report on his work again. This time was approaching the launch of WeChat, so he would come here at least twice a day.

"Should our WeChat and email systems be launched at the same time? Last time, Mr. Fei, you said that WeChat and emails are all free to use, and each mailbox needs to be allocated [-]G of free storage space. This puts a lot of pressure on us. " Li Xin said worriedly.

This is Yu Wenfei's opinion, to build the best mailbox system in China, and to give all users a large free storage space, which is as high as [-]G!

Compared with the tens of MB of mailbox space of 163, Sohu, and Sina mailboxes in China at that time, the two Gs are definitely too big for people to believe.

You know, in those days, the computer hard drive of ordinary users was only so big.

General computer hard drives are only as big as 40G or 60G.

"Giving a user five gigabytes of space does not mean that the user will be able to use up all of these five gigabytes. In fact, how many ordinary users will store so many files on the Internet. If only emails are saved, then How much space does it take up?" Yu Wenfei laughed.

Five G's, to be honest it's just a gimmick.

After WeChat goes online, if it can successfully achieve the goal, then this is also a billion-level software. If all users use up to five gigabytes of free space, it is really unaffordable.

But just like what Yu Wenfei said, most people don’t use so much space, and the five G’s just look good.

"This free space is one of the selling points of our mailbox. We need to highlight it when we promote it. Let's call it a network hard drive! Wechat mailboxes are equipped with a [-]G super-capacity free network hard drive for free for each user! This How about the slogan? Haha!" Yu Wenfei laughed loudly.

You must know how to boast about the highlights of your products!
This is one of Yu Wenfei's deepest understandings of the Internet.

In fact, the benefits of WeChat mailbox are definitely more than this. Whether it is the user experience of sending and receiving emails, the stability of the system, or the aesthetic optimization of the interface, it is absolutely ahead of all competitors on the market.

But those things need to be experienced by users slowly, which is far less gimmick than "five gigabytes of super-capacity free network hard drives".

"Okay, then do as Mr. Fei said! I have already connected with Facebook and Facebook Games. Once our WeChat is online, they will immediately update the version and seamlessly connect with WeChat. This time, domestic We are determined to win the instant messaging market!" Li Xin clenched his fists and said.

"Oh? So confident? Then how long do you think it will take for WeChat to surpass QQ?" Yu Wenfei laughed.

Li Xin opened his mouth, scratched his head, and said embarrassingly: "This... I guess it will take two or three years. After all, QQ has been in business for so long and has taken the first-mover advantage. The user base is also so large. I want to surpass It's not easy."

Yu Wenfei stood up, came to the French window, stretched out his hands, and suddenly opened the curtains, and the bright sunlight came in through the glass.

The sun shone obliquely on his body, as if the whole person was shrouded in a halo, which was a bit dazzling.

Without looking back, he said, "You underestimated WeChat and overestimated QQ. I can tell you that QQ died the moment WeChat went live!"

Li Xin looked at Yu Wenfei's back stupidly, and opened his mouth wide, a little in disbelief.

………………

Wechat hadn't been launched yet, and another minor event happened in the domestic business circle. It had nothing to do with Yu Wenfei, but due to some special reasons, Yu Wenfei was involved in another storm.

(End of this chapter)