Winning the new financial era

Chapter 637 Surrounding Wei and Rescue Zhao
Nearly US$26 billion was invested in the new energy vehicle track at one time, and the remaining US$100 billion of the US$30 billion foreign investment bank credit line was finally used up.

The remaining US$3 million was not idle, and Zhang Yida arranged to start shorting two companies, Noah Wealth Management of the US stock market and Camsing International of the Hong Kong stock market.

Ding Siyao didn't ask specifically, because this was something Zhang Yida had already explained.

For Zhang Yida, although he can't make a lot of money by shorting, he is a mosquito's leg now, but who would think that there is too much money?

In a few months, everything he faced was basically unknown, and it was still a big test for him.

He is not worried about whether his investment myth will be punctured.

It has already reached this stage, and has gathered top talents from all walks of life. Some people help analyze the development prospects of the industry and investigate the specific situation of the target.

If this is the case, if you can't make money from investing, then you deserve to go to the street.

It's just that compared with the previous "one hundred shots and one hundred hits", there may be some small mistakes.

Compared with investing in sideline business, he is more concerned about the giant ship Ruixiang.

Up to now, Ruixiang is stronger and more threatening than any small giant in the previous life because of the integration of Pinduoduo, Kuaishou, Bilibili, Xiaohongshu, PlayerUnknown's Battlegrounds... and many other industries.

Mayer, who had just resigned from Disney and came to the China headquarters, followed Zhang Yida and visited the Ruixiang Building and Zhongkun Plaza, which was about to be transformed into one of the headquarters.

Zhongkun Plaza was the last new and largest urban complex project within the Third Ring Road of Beijing, and it was the only large-scale commercial project with a subway passing through at that time.

This huge commercial complex with a total construction area of ​​43 square meters and a floor area of ​​14 square meters has had a lot of troubles since its construction started in 04.

Although the geographical location is superior, due to the early use of the sale-and-leaseback model, small owners are scattered and management is difficult.The Zhongkun Plaza in Dazhong Temple once encountered problems such as the withdrawal of the owners and disputes among the owners, and the operation was not satisfactory.

The boss was even included in the list of dishonest executors earlier this year.

Then, the Haiding government and Dongfang Asset Management Company, which was in charge of reorganizing non-performing assets, approached Ruixiang and planned to let Ruixiang be the receiver.

Zhongkun Plaza faces Xizhimen in the south, the Third Ring Road in the north, Zhongguancun in the northwest, and the Ya’ao business district in the northeast. It is surrounded by universities such as Capital University, Aoki University, Beihang University, Jiaotong University, and Beijing Institute of Technology.

Considering that the capital headquarters is still under construction, and the number of employees is still increasing rapidly, it may not be able to accommodate so many people after the construction of the headquarters is completed.

So Zhang Yida agreed to buy this commercial building that was difficult to rent for 90 billion yuan, which can be regarded as helping the government solve the problem and store some properties by the way.

After the renovation of Zhongkun Plaza is completed, Ruixiang's digital content, e-commerce, and technology business groups will be relocated, while the financial business group will continue to stay in Ruixiang Building.

As for the follow-up adjustments, we will wait until the new building at the headquarters is completed.

Mayer looked at the dilapidated commercial complex that was surrounded by construction and renovation, and asked with some incomprehension: "Boss, why don't you learn from Apple and build a huge, technologically-sounding headquarters? Put all the employees Working together is like a small city.”

Zhang Yida has explained it many times, and this time he continued to popularize knowledge to gringos: "Young people live in the fringe area of ​​urban and rural areas, and spend a lot of time commuting, which is not a good thing..."

Mayer seemed half-understandable. In his American opinion, in terms of comfortable environment, the suburbs must be better.

Ordinary employees can't afford luxury apartments or large flats in the urban area. Will they be happy living in a crowded urban area?
Zhang Yida didn't explain too much. To understand China, one has to settle here and then explore carefully.

However, Mayer will not have this opportunity. After half a month of staying at the headquarters of Sharp, he will take up his post and go to various countries to inspect offices distributed around the world.

"Boss, has the store in India resumed?"

Mayer stepped into the role quickly, and now cares about her job again.

He knew that some time ago, Musical.ly encountered trumped-up charges in India and was suddenly taken off the shelves.

"Just recovered for two days."

Zhang Yida's face showed concern, and this time, Ah San slammed sharply together.

After being taken off the shelves for 8 days, Musical.ly conservatively estimated that it lost 1500 million new users and more than 400 million US dollars in direct economic losses.

This also made him further determined to get a vest!
Kumar is now in India and has raised the $100 million required to become a partner.

At present, Kumar is starting to build a team with the help of Musical.ly India to develop a short video called Helo that records life. The target is China's Kuaishou, forming a differentiated competition with Musical.ly.

For these, the directors and major shareholders of Ruixiang are very clear and have no objection.

Anyway, their shareholding in Ruixiang has been transferred to Helo short video in proportion. Even if some Ruixiang's resources are used, it is not an act of violating regulations or harming their interests.

Seeing Zhang Yida's displeased face, Mayer persuaded with a smile: "Boss, don't be too angry, Facebook is also very difficult in India, so I have been enduring it.

Isn't Helo short video under development?With such a backup product, even if a similar or even more severe situation occurs in the future, we will not be helpless. "

Zhang Yida nodded. He didn't hide the Helo matter from Mayer. After all, the latter manages all overseas products and has to deal with Helo. It's better to make it clear.

Mayer also said: "Resso's development is a bit slow. I read the data. So far, although the number of users is as high as hundreds of millions, the scale of paying users has only reached 500 million."

"Yes!"

Zhang Yida sighed, "Our current main markets are Southeast Asia and India, followed by Africa and the United States.

More than half of the 500 million paying users are provided by the US market.

The more economically backward the area, the lower the user payment rate, which can basically only be driven by the "free + advertising" model.

We have an agreement with the three major record companies to achieve more than 2021 million paying users in 2000. "

Resso is a joint venture between Ruixiang and the three major record companies. Ruixiang invested 5.5 million US dollars, accounting for 55% of the shares;

The three major records invested 3 million US dollars plus a price of 1.5 million US dollars to authorize the music copyright for three years, accounting for 45% of the shares.

But the competitors Soundwave, Apple Music, Amazon Music, and Youtube Music are not small companies. They were established earlier than Resso, and there is also a strong parent company behind them.

Resso has tried his best to achieve the current results.

It's not that good, but it's not really bad either.

If all 1 million registered users come from European and American markets, the payment rate will be much higher.

However, the European and American markets are currently in a mess, and Resso is struggling to fight, and the focus of business development can only be placed in developing countries for the time being.

Zhang Yida plans to shift his focus to the European and American markets after gaining a firm foothold in Africa, India, and Southeast Asia.

When Zhang Yida told Mayer about these ideas, he was opposed by the latter.

"No, Boss!"

Mayer looked at Zhang Yida seriously, and said: "The developing countries are not a blue ocean now, and several companies like Shengpotian have squeezed in.

After we have established a firm foothold in these developing countries and established our advantages, the European and American markets have been built by others to the point of being impenetrable.

We should take on them and burn the war into their backyard.

One European and American user is worth 10 users in developing countries.

Even if we haven't fought, as long as we force a few of them to come back, it can relieve our pressure in emerging markets. "

Zhang Yida is happy, isn't this besieging Wei and saving Zhao?Foreigners also know 36 tricks?

　Thanks to book friends 20191112135210956 for the reward!

　　
　
(End of this chapter)