giants of the era

Chapter 467 Watch it build tall buildings, watch it entertain guests, watch it collapse! (Second more)

Right now, "World of Warcraft" has achieved success in China, and Ma Huateng is getting closer to the position of president of Tencent Technology (China).

China has a population of 13 billion, the United States has only 3 million, the total population of Europe is 7 million, and the total population of Europe and the United States is only 10 billion.

With the recovery and development of the Chinese economy, the Chinese market is even more important than the US market.

Tmall's "Double 11" single-day transaction volume exceeded 1682 billion yuan, but Amazon's website is absolutely impossible. In the Prime Shopping Festival held by Amazon, the highest sales day was only "20 billion US dollars", converted into RMB, It is only more than 100 billion yuan.The difference between the two is one thousand and eight thousand miles!

In addition, China is the core hub of Asian economy, culture, and politics, and it is easier for Chinese companies to gain a firm foothold in Asian countries.

As we all know, Asia has a large population, of which 7 countries have a population of over 13 million: China has more than 11 billion, India has more than 2.5 billion, Indonesia has more than 1.8 million, Pakistan has more than 1.5 million, Bangladesh has more than 1 million, Japan and the Philippines are both 9000 million Get ahead.Although the population of some other countries does not exceed [-] million, the population is also very large. For example, Vietnam has a population of [-] million.

What a huge Asian market!

On July 7, Ma Huateng received a letter of appointment.

He opened it and almost screamed in excitement.

"I want to be the CEO of Tencent Technology (China) Company!!!"

"Congratulations, Mr. Ma!"

"Congratulations, Mr. Ma!"

Executives of Tencent Technology (China) congratulated each other.

Li Zetian and Li Youran also sent emails to congratulate him.

The next day, when the news came out, all major Chinese media sent reporters to interview Ma Huateng.Ma Huateng's spring breeze is proud of his horseshoe disease, and his whole body is full of energy, as if he has a second spring!

……

On the morning of July 7th, Chen Tianqiao announced to the outside world that Shanda Group had started the listing process and chose to list on NASDAQ in the United States for financing.In fact, Shanda Group has long wanted to go public, and has been preparing for a long time. The relevant application documents produced by the sponsor and other intermediary agencies have already been sent to the US Securities Regulatory Commission for review.

In terms of the current profitability of Shanda Group, there should be no problem in passing the review. It is expected that Shanda Group will be listed on NASDAQ in a few months.

As soon as the news that Shanda Group was going to go public came out, the Chinese game industry was shaken, and other game companies were also thinking about going public to raise funds.

Li Zetian was not surprised when he heard the news.

Shanda Group will be listed as soon as it goes public. China's Internet structure has been formed, and Shanda Group will not be able to make any big waves in the end.

In addition, Shanda Group is almost a family business, and many of the company's senior management are relatives of Chen Tianqiao.It is conceivable that such a family business can develop?The Shanda Group from the previous life disappeared!
At the beginning of October 2004, Shanda Group was successfully listed on Nasdaq, raising US$10 million!
If you have money, of course you have to spend it.

Shanda Group's first step is to take a controlling stake in Actoz Co., Ltd., an upstream content provider.Shanda Group invested a total of US$1.06 million in cash at a premium to purchase 38% of the shares held by Actoz's major shareholders and hold Actoz.Because the copyright of "Legend" is jointly owned by Actoz and its joint stock company WEMADE.

The huge sum of money mergers and acquisitions caused a sensation in China and South Korea.

However, when the news reached Li Zetian's ears, Li Zetian smiled.

Selena asked puzzledly, "Mr. Li, aren't you worried that Shanda Group acquired Actoz?"

The corner of Li Zetian's mouth twitched, and he snorted: "There is nothing to worry about. Shanda Group invested a huge amount of money to control Actoz, which is definitely a big failure!"

"A failure?"

"That's right, it's a failure!"

Li Zetian's face showed obvious sarcasm. He knew why Shanda Group acquired Actoz. Its original intention was nothing more than to solve the copyright issue, but it was too short-sighted.The assets purchased by Shanda Group are actually not of strategic significance!

In the venture capital world, venture capitalists have an iron law of investment: "The essence of buying a high-tech company is to buy the hearts of the core entrepreneurial team!"

Shanda Group holds Actoz company, but WEDADE, Actoz's joint stock company, is the real controller of game R&D capabilities. WEDADE founder Park Ho and his team, who have a background in technology research and development, are the assets that Shanda should acquire most and have the most strategic significance.On the contrary, Actoz, which has no successful new products, only has the copyright of "Legend", and the Actoz technology developers described as "genius" by a senior executive of Shanda are not the strategic and most valuable companies that Shanda Group should acquire asset.

Without the core team that has mastered technology research and development capabilities, the controlling stake in high-tech companies has no meaning at all.

Li Zetian told Selena his opinion, and Selena suddenly realized.

However, Shanda Group is still complacent.

After the acquisition of Actoz by Shanda Group, Chen Tianqiao's confidence increased greatly, and he was ready to implement the "big plan" he had always had in mind, but before this "big plan" was implemented, he still wanted to acquire Sina Company!
The acquisition of Sina would cost money, Chen Tianqiao thought, where would the money come from?
Soon, Chen Tianqiao thought of a way: issue bonds!

Chen Tianqiao contacted Goldman Sachs, and Shanda Group issued bonds with the help of Goldman Sachs.Unexpectedly, in just one week, Shanda Group successfully raised 2 million U.S. dollars, which once again made Chen Tianqiao burst with confidence!

On December 12th, Chen Tianqiao suddenly announced that Shanda Group had purchased a 4% stake in Sina in the secondary market for a huge sum of US$2.3 million.

As soon as this news came out, it could be said that one stone caused a thousand waves! !

This not only caused waves in Nasdaq, but also shocked the Chinese Internet industry. Major domestic websites and media published the news of "Shanda's acquisition of 19.5% of Sina's equity". .

"Since the Shanda Group went public, it has become more powerful. It has acquired many companies one after another. This time, even Sina is not letting go!"

"Damn it, the Shanda Group is responsible for all the news in the second half of the year!"

"..."

At this time, a question that attracted everyone's attention was why did Shanda want to acquire Sina?

People in the industry were unwilling to be lonely and expressed their views one after another.

Fang Dongxing, a senior Internet commentator in China, believes: "Shanda Group's merger with Sina is a 'match made in heaven'! Sina and Shanda are two Internet companies with complementary advantages. The eye-catching global Chinese information platform has a great influence in China, and Shanda Group’s profitability is also ranked first in China. The combination of each other is a game in which 1+1 is far greater than 2. For each other’s core competitiveness, it will be Great improvement!"

Another critic Mei Yongkang said: "Chen Tianqiao's dream is to build a cross-media Disney-style entertainment empire, so he needs a portal, because the portal is the first gathering place for Internet influence. Now the two companies are independent The combined market value of the two companies is more than 30 billion US dollars, and if they merge, a world-class Internet giant with 50 billion US dollars, or even 100 billion US dollars will be born soon!"

On December 12th, Chen Tianqiao said in an interview with reporters: "Actually... I just want to make a box!"

When the reporters heard this, they were all stunned, "Shanda Group acquired Sina just for a box? Damn, what's going on?"

Everyone was puzzled and asked quickly.

Chen Tianqiao smiled lightly, and said unhurriedly: "Shanda Group intends to develop a strategic product, I call this plan 'Shanda Box Project'.

Shanda will promote the transfer of users' entertainment centers from PCs to TVs. We will solve these technical problems by providing 'boxes'. At the same time, the content provided on TVs is not limited to online games, but also includes news, stocks, movies, Novels and more!

We all know that now every household generally has a TV set. In the future, as long as users buy a Shanda box, they can watch TV in the living room, play games and surf the Internet.What can be done on the computer, can also be done on the TV!You say, isn't this cool? "

The reporters were dumbfounded when they heard this.

On that day, the news of the Shanda Box project spread all over the Internet. It was really more sensational than dropping an atomic bomb on a calm lake!

Some netizens commented: "Shanda Group is going to fly into the sky, so awesome!"

"The box plan is really admirable, it is definitely a first-class strategy!!!"

"Shanda Box is invincible, looking forward to it!"

"..."

The industry, the media, and even the financial world were shocked by Chen Tianqiao's box plan.

However, there are still many people who have questioned this plan, thinking that this is a complete counter-trend move, and it is doomed to fail!
In fact, not only outsiders questioned, but also many people in Shanda Group questioned and even publicly opposed it.But Chen Tianqiao insisted on going his own way, and threatened that whoever did not do it would leave.

Chen Tianqiao firmly believes that the Shanda Box project will be successful. Shanda will use the box as the fulcrum to create an online Disney, and the acquisition of Sina shares is actually just a part of the "home entertainment strategy" he has formulated since 2003. This strategy is centered on the Shanda Box. Involves personal computer, TV, mobile phone, movie, music, game, advertisement, prepaid and e-commerce in nine aspects.

I have to say, if the Shanda Box is successful, the Shanda Group will really be awesome!

In the previous life, Xiaomi Internet Box, Huawei Internet Box, Youku Internet Box, etc. can be found everywhere, and they are very popular. They have gradually replaced traditional set-top boxes, saving users nearly [-] yuan in TV fees every year.

The Mi Network Box is basically the same as the Shanda Box proposed by Chen Tianqiao!

Li Zetian was startled, and murmured: "Shanda Group has followed the old path of the previous life, but... the products are too advanced and easy to die. Shopping malls are like battlefields. One step ahead is a pioneer, and two steps ahead is a martyr. The current Chinese Internet, network coverage The speed and internet speed are not enough. In addition, Shanda Group itself is not strong enough, and the available resources are limited, so it is difficult to support the development of Shanda Box! If I do it, maybe there is still a possibility of success..."

However, Li Zetian obviously doesn't want to develop a box yet.It's only 2004 now, it's really too early. In the previous life, it was 2016 before the Internet TV box became popular.

"Hehe, then watch it build a tall building, watch it entertain guests, watch it collapse!" Li Zetian walked to the window, looked outside, and couldn't help chuckling.

PS: I’m in a bad state today, so I coded two chapters, and I’ll find a chance to break out in the future, please subscribe
(End of this chapter)