Reborn: Billionaire in College

Chapter 321 Renren.com's market value exceeds 8 million, ranking th in the world

These days, investors and institutions that bought Renren shares have made a lot of money.

First, in early April, Renren released its financial report for the previous year.

Many relevant people publicly interpreted the financial report as soon as it was released.

Among them, the best interpretation was given by a financial blogger named Xueqiu on Toutiao.

“大家好,人人网刚刚公布了截至2011年12月31日未经审核的第四季度综合业绩及经审核的全年综合业绩,报告显示人人网2010年Q4总收入为117.225亿元,比去年同期增长53.4%;2011年全年总收入为人民币424.961亿元,比去年同期增长53.41%。结合财报,我们来详细探讨一下。”

"For a long time, investors have been worried that Renren, a website of such a large scale, should slow down its growth. Fortunately, data proves that everyone's worries are unnecessary. Here are two pictures for you. Picture 1 shows the active users of Renren and the proportion of active users, and Picture 2 shows the active users of social games.

"After seeing these two pictures, do you think Renren is 'finished'? The data has basically slowed down and even turned into a straight line."

"In fact, everyone is redundant. As an SNS social platform, Renren has lost its social attributes after the emergence of Weibo and WeChat, and is gradually evolving into a BBS forum type. Social games have obviously reached a bottleneck, and the life expectancy of this thing is so short."

"But these are nothing to Renren. First, the number of Chinese Internet users still grew by 12% last year. Second, Renren's new generation of flagship products are gaining ground, including WeChat, Weibo, Toutiao, and Zhihu. These products are almost indispensable to anyone who uses the Internet. Thanks to the rapid development of the above products, Renren has not only successfully transformed, but also reached a new level."

"Renren's other strength - games - grew rapidly last year. The number of concurrent online users of DNF exceeded five million. Last year, the number was only 320 million. It is incredible that it can grow so much with this size. As for League of Legends, it is even more amazing. Last year, the highest number of concurrent online users of League of Legends was only 97. Today, the number has skyrocketed to 827 million. Note that this is global users. This is because Renren is the parent company of Riot Games in North America. In addition, Renren, as a leading partner, has benefited the most from the explosion of social games on Facebook."

Whether the performance is good or not, the market has the final say.

Just the day after Renren released its financial report, its after-hours market value soared 8%, with the price per share rising to US$140 and the total market value reaching US$875 billion.

This market value just exceeds Amazon's US$787.2 billion, making Renren the tenth largest IT company in the world in terms of market value.

That’s not all. Following the entertainment group’s press conference, Renren, as a shareholder, naturally saw its stock price rise again.

As of May 5, Renren's U.S. stock price exceeded $2, and its total market value finally exceeded $160 billion.

There was an uproar on the Internet.

"It's amazing! In just one month, it has surpassed Qualcomm and Cisco and is now ranked eighth in market value."

"If we work hard, we will have Intel, Oracle and Samsung Electronics above us. If we beat them, we will be in fifth place and can compete with Google."

"A company like Baidu has a market value of 500 billion. In comparison, Renren's market value is seriously underestimated."

"That is to say, Baidu is just a search engine, and the other software is useless. Renren's social software almost takes over my life and work."

"RBAT, the others are lagging behind. Alibaba's total revenue last year was only 55 billion, Baidu's was 79 billion, and even Tencent's was only 196 billion. Renren's is more than twice that of Tencent and eight times that of Alibaba."

"I don't care too much about Renren's market value. I care more about how much money Chen Pingjiang has."

"Didn't you read last year's Hurun report? It was more than 1500 billion last year."

"Hurun's estimate is inaccurate and greatly underestimated. Chen Pingjiang himself probably can't even tell how much wealth he has now. Orange phones are selling so well, Renrengou is also very strong, and there is also a catering group, plus Renren's holdings. Oh my god, I dare not even think about it."

"Why would he be afraid to think about it? He has already exceeded 3000 billion, right? To him, the amount of wealth is just a string of numbers on his bank card. It doesn't make any waves."

"I'm crying so hard. Mr. Chen, I only want one-thousandth of your money, okay?"

"..."

Chen Pingjiang didn't really feel much about these things, but netizens were more excited.

He knows his own business, and the numbers are all on paper. He can only get the money if he keeps cashing out Renren shares, but if he cashes out, Renren's stock price will fall again.

Renrengou is still losing money, and the valuation is just a valuation.

Orange Technology is profitable, but it cannot move the money, and will not distribute dividends. Instead, it will invest the funds in research and development. After all, chips and wafer fabs are money-eating beasts.

How much money can he get every year?

One is the dividends from Zhizhen Catering Group and Renren Group.

Second, the salaries of partnership companies. As for sole proprietorships, it is all his own money. What is the point of paying himself a salary? It is nothing more than a tax deduction.

The third is Tianyuan Capital’s investment income and secondary market investment income, which is the bulk of Chen Pingjiang’s cash flow.

Among them, the dividends are about 1.2 billion yuan each year, and the annual salary adds up to 200 million yuan. For Chen Pingjiang at the moment, these are not much money, and are even less than what he earned from buying Apple stocks some time ago.

But if Chen Pingjiang needs money, that would be great.

First of all, he can sell the stocks of Google, Apple, Amazon, Qualcomm and other US companies at any time. Based on the current market price, these stocks are worth about 1.5 billion US dollars.

Secondly, if we are to be more ruthless and sell off the shares of JD.com and other companies held by Tianyuan Capital, it is estimated that there will be less than 10 billion US dollars.

The last step is to cash out Renren stocks, which can easily be worth hundreds of millions of dollars.

Therefore, Chen Pingjiang does not have that much money to use. Most of it is real estate and stocks. Although these stocks are valuable, Chen Pingjiang is not short of money. Why sell them? Wouldn't it be better to keep them for appreciation?

It is foreseeable that with the listing of the catering group and Renrengou, Chen Pingjiang's paper wealth will swell to a terrifying number.

Just a few days later, another topic became a hot topic.

"Chen Pingjiang went to his alma mater, Dongjiang University of Finance and Economics, to announce a donation of 100 million yuan."

Enthusiastic netizens were not very sensitive to this news, but instead dug up information about Chen Pingjiang's other charitable donations.

"I only found out today that the Hope Primary School built in our village last year was funded by Chen Pingjiang."

"This is not news, Mr. Chen has funded hundreds of Hope Primary Schools across the country."

"He donated a lot of money to natural disasters, but I was more surprised by the donations to the ALS fund and social welfare fund."

"Some people earn a lot, but they are stingy and don't know how to take on social responsibilities."

As for Chen Pingjiang personally, he feels that he has a responsibility to do charity work. After all, the money is often contributed by users and game players.

Take from the people and use it for the people.

However, he doesn't like to donate money secretly and act like an unsung hero.

Once donated, it’s donated.

Of course, I won’t brag about how much money I donated.

…………

When this trending search appeared in the news.

Chen Pingjiang has arrived in Helsinki.

The last time I left was at the end of February, and when I came back it was already the beginning of May. Counting the days, I haven’t seen Xiao Doubao for more than two months.

Although Chen Pingjiang often made video calls with Ge Mengshi, distant water could not quench immediate thirst, and Chen Pingjiang missed his daughter so much that he went a little crazy.

The closer the car got to the villa, the more Chen Pingjiang missed her. In the end, he even laughed out of joy, which scared Dongdong who was driving.

After arriving at the villa, as soon as he got out of the car, Chen Pingjiang couldn't wait to rush into the house.

He called out softly as he ran: "Little Bean Bun, Little Bean Bun, Daddy is here!"

Having not seen her son for a few months, Xu Fangjuan seemed quite indifferent. She pointed outside the house and said, "Shishi took Xiaodoubao for a walk by the lake. Did you bring the Lao Gan Ma I asked you to bring back home?"

When Chen Mingjiang saw that his daughter was not in the room, he ran out immediately, saying, "No, no, there are people buying it in the Chinese supermarket. Who would bring that thing? Besides, you will be back soon, right?"

Xu Fangjuan rolled her eyes: "This brat."

Chen Guangming watched the show with a smile on his face: "Have you noticed? It seems that your temper has improved since you had a granddaughter. If it was like this before, you would probably have scolded him."

Who knew Xu Fangjuan immediately turned around with a bad face and asked, "Do you mean I had a bad temper before?"

Chen Guangming was so scared that he waved his hands repeatedly: "That's not what I meant, that's not what I meant."

Xu Fangjuan ignored his quibbling and nodded, "It seems to be better than before. Now when I feel upset, I feel much better when I see little carrots. When I see those white and tender little arms and legs and the plump flesh on their face, my heart melts."

Chen Pingjiang searched around the lake for a while and finally found the mother and son.

Ge Mengshi was pushing a baby stroller and stopped by the roadside. Looking at the wild flowers on the roadside, she couldn't help but bend down and pick one, then put it to her nose and sniffed it, and then passed it to Xiao Doubao to smell it. Chen Pingjiang had a smile on his face and shouted at Ge Mengshi: "Boss Ge, don't pick the wild flowers on the roadside."

Ge Mengshi suddenly turned around and saw Chen Pingjiang standing in the distance smiling at her, and then she was surprised.

He said to his daughter, "Little Bean Bun, look who's here? It's Daddy."

"Eeyore, eyore." But the little Doubao didn't care about Chen Pingjiang at all, but was interested in wild flowers.

Chen Pingjiang walked quickly to the stroller and wanted to pick up little Doubao to give him some affection. However, just a few seconds after he held him up, Doubao pouted and burst into tears.

"Don't you recognize your dad? Don't cry, dad will buy you a Transformer."

Apparently the temptation didn't work. Doubao cried harder and harder, struggling as he walked, looking at Ge Mengshi with tears in his eyes, asking for a hug.

Seeing that he couldn't coax the girl into giving him the bean bun after coaxing her for a long time, Chen Pingjiang had no choice but to return the bean bun to Ge Mengshi.

Ge Mengshi, who was very observant of people's expressions, immediately noticed the loneliness in Chen Pingjiang's eyes and comforted him softly, "Don't take it to heart. It's normal for children. It will be fine after a while."

Chen Pingjiang waved his hand: "It's okay, I just feel a little guilty for not spending more time with you two. It must be hard to take care of the children during this period of time, right?"

Ge Mengshi smiled and shook her head: "It's okay, I usually can't take care of it, my mom and your mom are vying to take care of it, even if it affects their rest at night, they are happy to do it, and there is also a confinement nanny."

Babies of three or four months old can distinguish between their mother, father and strangers by voice. So, when the baby cries, the parents pick him up and sing a lullaby, and the baby stops crying. When a stranger's voice appears, the baby will show confusion and cry, which are all signs of recognizing people.

In addition, babies can recognize people by their smell. Due to lactation, mothers have a milky smell, especially mothers who breastfeed themselves. Babies are particularly familiar with this milk smell.

Therefore, as soon as Doubao was handed over to Ge Mengshi, he stopped crying immediately, which made Chen Pingjiang look even more depressed.

There's nothing I can do about it. It's because I don't have time to be with my children every day.

So, Chen Pingjiang pushed the stroller and Ge Mengshi held the baby, and the two walked and talked along the way.

Occasionally, Ge Mengshi would greet the foreigners around her, who were all neighbors living nearby.

After returning to the villa, Ge's father and mother also rushed back with the chef Lao Li, and the three of them went to a nearby supermarket to buy vegetables.

"Old Xu, I can't find Lao Gan Ma. It's out of stock. Did Pingjiang bring it?"

"No, that little bastard probably forgot about it a long time ago."

"..."

When Chen Pingjiang walked to the door, he heard people talking about him.

After saying hello to Ge's father and mother, Chen Pingjiang spent almost all his time with Doubao.

I don’t have the chance to accompany you normally, and I will have to leave soon, so every minute I can spend with you now is good.

During dinner in the evening, the interaction between Ge's father and mother and Xu Fangjuan and Chen Guangping became noticeably more frequent. Everyone knew that they would be returning to Dongjiang soon.

Ge Bingyi has stopped his domestic business and plans to stay in Finland.

The environment here is peaceful and quiet, and he likes it very much. Except that it is a little cold in winter, there is no other problem.

What’s interesting is that after dinner, Ge Bingyi suddenly said, “Doubao will sleep with us tonight.”

Hearing this, Ge Mengshi blushed, Ge's mother remained silent, and Chen Pingjiang took a long time to react.

This is intended to leave intimate space for himself and Ge Mengshi.

But I want to sleep with Doubao at night, I am so conflicted...

The moonlight was like water, spreading freely and shining onto the bedroom floor.

It ended with a series of slight impact sounds and a faint yet restrained guttural sound.

Chen Pingjiang took a deep breath, took off the umbrella and threw it into the trash can.

Even if Ge Bingyi is crazy about having a grandson, Chen Pingjiang still has to take care of Ge Mengshi's health and wait at least a year before considering it.

Ge Mengshi had a satisfied look on her face, and it took her a while to recover: "How's the company doing?"

Chen Pingjiang laughed and said, "You are in Helsinki giving orders remotely every day. What document can't you see? And you're asking me? I don't know more than you do."

"No, I just think it's fine if I don't go back. Suqin has been able to stand on her own a long time ago."

After a moment of silence, Chen Pingjiang touched Ge Mengshi's cheek lovingly: "I know what you are thinking, but Helsinki is not a place to stay for a long time. Even if Qin Suqin can handle things on her own, I am still worried and I still need you to go back to take charge of the situation. As for you, you can stay here for the next two years according to your idea, but you must go back in the future. I also want to take more time to accompany the children whenever I have time."

"But... I'm afraid it's hard for you. First of all, I don't mean to blame you at all, because everything is my own will, and now I feel very happy. I have you by my side, and I also have a cute baby." Ge Mengshi paused: "Last time I heard my parents talking about your engagement with Yan Yan. After you get married, you can't live outside every day, right?"

Chen Pingjiang waved his hand disapprovingly: "We'll talk about the future later. Engagement is not marriage. It's just right for me to get married when I'm thirty. Maybe I'll find a solution by then."

"Then... I still want it."

Chen Pingjiang: “…”

"What's going on? This has happened three times, sister."

"It's been a long time since I last had food. Can't you let me eat enough?"

…………

Chen Pingjiang stayed in Helsinki for half a month, and no one in the company knew anything about it.

Renren thought that Chen Pingjiang worked at Orange Technology, while Orange Technology thought that he worked at Renren.

During the past half month, Chen Pingjiang was either in the villa or walking around the villa every day, and almost all his time was spent accompanying his children.

Happy days are always short, and it’s time for Doubao and I to part and return home.

When they got up in the morning, Xu Fangjuan and Chen Guangping had already packed their luggage and were sitting on the sofa chatting with Ge's father and mother.

Only after Chen Pingjiang came downstairs did everyone say goodbye.

This time, Ge Mengshi brought her daughter to personally send Chen Pingjiang and his family to the airport.

On the way, Xu Fangjuan held Doubao in her arms and was reluctant to let go: "Little darling, grandma will miss you to death if she can't see you."

The little dumpling knew nothing. Instead, he kicked his feet back and forth happily, drooled at his mouth, and babbled.

Chen Pingjiang found it funny and advised, "You're almost crying, is it really that serious? You can see it when we video chat every day when you go back."

But Empress Dowager Xu glared at him with a bad look on her face: "Get out of the way, don't force me to beat you."

Chen Pingjiang: “…”

As the Gulfstream G550 slowly began to taxi on the runway, Ge Mengshi waved at the plane with her baby.

While waving, he said to Doubao: "Baby, say bye to daddy!"

The little bean bun imitated Ge Mengshi and waved his little hands ignorantly.

On the plane, Chen Pingjiang's heart softened when he saw this scene.

The sisters Yin Zhen and Yin Hui on the other side saw it very clearly, especially after seeing Ge Mengshi and the baby on the ground just now, they were more certain that Ge Mengshi came to Helsinki to give birth.

Calculating the time, it’s just right.

The two of them started talking to each other secretly.

Yin Zhen: "Sister, that girl isn't actually the principal wife. If this gets out, the whole world will be shocked."

Yin Hui rolled her eyes at her: "You signed a confidentiality clause, and I don't think you're crazy."

"I think I can do it too. That baby is pretty cute."

"Forget it. Don't you see that Mr. Chen is interested in you? It's all your wishful thinking." (End of this chapter)

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