My Age of Investment - Chapter 1496 business group

   "By the way, how many wechat users in Singapore have accumulated?"

  Xia Jingxing began to set his sights on overseas markets. He still attached great importance to the wechat product. If it wasn't for the early access to overseas markets, he might have delayed the release of the mobile terminal for half a year.

However, there are advantages and disadvantages. In order to seize the opportunities in overseas markets, the disadvantage is that Penguin has a sense of crisis prematurely, especially the current smartphone coverage in 2010 is not a very satisfactory figure, and the speed of development has been greatly restricted.

   "It has reached 100,000 users!"

After reporting this number, Zhang Yong saw that Xia Jingxing's face was not fluctuating, and explained: "This number is actually not low! Although Singapore has the highest smartphone coverage in the world, its population is too small. There are probably just over a million smartphone users.

   In addition, Wisdom Fruit sells very well in Singapore, and its market share is slightly higher than that of Fuxing Mobile.

   Since wechat is not on the store, the growth rate of users has also been affected to a certain extent. "

Xia Jingxing's face with no waves in the ancient well finally had some feelings, he smiled and said, "If you don't say it, I almost forgot about it, the market share of Wisdom Fruit in the international market is not as high as A tiny bit of market share in the mainland.

  We have offended this behemoth, and it is foreseeable that the market promotion of wechat in Southeast Asia, Japan and South Korea will be difficult. "

   After a pause, President Xia Jing sighed, "It seems that we need to reconcile with Wisdom Fruit! If we don't reconcile, this business can't go on."

Zhang Yong smiled and did not speak. He has now made up his mind and will no longer easily express his opinion on the matter of wisdom fruit, so as not to make Mr. Xia unhappy. Mr. Xia ordered to fight, then fight, Mr. Xia ordered to make peace, Then and.

  Xia Jingxing said solemnly: "If the reconciliation with Wisdom Fruit is successful, wechat will be listed on the Wisdom Fruit App Store as soon as possible, and then it will have one million users by the end of the year.

  With this million users, it is almost equal to winning the Singapore market.

   Next year, wechat will use Singapore as a springboard and continue to spread to other countries in Southeast Asia. "

   Zhang Yong nodded and said "OK", then continued to listen to Xia Jingxing's instructions.

   "How is the Japanese market going?"

As soon as Xia Jingxing finished speaking, Zhang Yong quickly replied: "It has been fully negotiated with Mr. Sun Zhengyi, the overseas investment entity established by the domestic holding group in the Cayman Islands holds 51% of the shares, Softbank holds 49% of the shares, and the two parties jointly contribute 200 million US dollars to set up an independent Japanese Internet company to operate Japanese wechat.

   Taking into account Japan's closed national conditions and xenophobic sentiment, wechat Japan will publicize it as a local Japanese company. "

Xia Jingxing sneered, if he wanted to enter the Japanese market, he had to use this method. That's what Bangzi's line did. Obviously, the parent company behind it was a Bangzi country enterprise. The achievements made in other countries' markets are all on the head of the Japanese subsidiary, and the unknowing footpen chicken really thinks that the instant messaging application launched by Japan has swept the Bangguo and Heyizhou Island, and the national pride is bursting. .

   "Okay, the Japanese market will arrange it like this!"…

  Xia Jingxing stared at Zhang Yong, and said again: "Bang Country, Yizhou Island, and Hong Kong and Macao regions, are they concocted according to law?"

   Zhang Yong said slowly: "Hong Kong and Macau must be listed as a separate market, and the subsidiary registered in Singapore can be captured and operated.

  Yizhou Island, the situation is much more complicated, even if you wear a vest, you can't get through the border! They are wary of everything on our side.

   As for the Bangguo market, isn't it determined to cooperate with Samsung to develop it? "

  Xia Jingxing frowned slightly, but the national prestige was still not obvious. Several countries and regions in front of the house could only sneak in in such a fragmented way, and one day would they be able to fly in like the bald eagle uncle.

   "In this way, the Hong Kong and Macau markets will do as you said. In Yizhou Island, register an American company, and then introduce venture capital from Andrew and Envision Capital America to enter the local market as an American capital."

   Zhang Yong said with a smile: "This is a good move, and Yizhou Island will definitely not dare to take a US-funded company."

  Xia Jingxing smiled slightly, "Okay, let's talk about the Bangguo market again, you send Li Zairong an official invitation and invite him to the capital to discuss cooperation...

  Oh, forget it, you should go to Bangguo on behalf of me. Bangguo has always been small, and we can't offend Samsung for the time being. "

   Speaking of this, Xia Jingxing sighed slightly in his heart, in fact, he started planning to turn against Samsung a long time ago, but after so long, not only did he not turn against Samsung, but the cooperation became more and more closely.

The Android system needs Samsung to join in to strengthen the camp, and Samsung is still supplying Fuxing mobile phones with Sushen chips manufactured by them. In addition, every Android phone Samsung sells in China has pre-installed applications, and now it is even more important to cooperate with the company. Samsung partnered to operate Bangguo Wechat, which is really impermanent!

   But it is impossible and unrealistic to be friends all the time.

   As time goes on, the wave of smartphone replacements caused by smartphones will gradually come to an end, and the market competition will become increasingly fierce. Fuxing mobile phones and Samsung mobile phones in the high-end mobile phone market will not be as harmonious as they are now, and sooner or later, the bayonet will see red.

BOE is building large-scale high-generation panel production lines all over the country. Once the construction work is completed and panels of various sizes begin to be mass-produced, it will begin to squeeze the market share of Korean and Taiwanese panel manufacturers. One, in order to maintain market share, we can only challenge.

  Xinxin Group is also making great efforts to integrate all its storage chip design and manufacturing resources, aiming at the lifeblood of Samsung.

Due to the relatively backward process technology of Fuxing Semiconductor, it is not a threat to Samsung for the time being, or Samsung is currently struggling to catch up with Gulf Power. The two companies cannot be called enemies, but over time, Fuxing Semiconductor will gradually develop. It will still become the same as Samsung. opponent's.

In addition, the intelligent upgrade of Fuxing Zhijia is about to come to an end, and it will soon go overseas to sell high-end smart home appliances. It is no exaggeration to say that this is a dimensionality reduction attack realized by using new technology, which is bound to be a blow to Samsung Electronics Co., Ltd. The dominant international high-end home appliance market has a huge impact. …

  In the end, it has been concluded that at present, cooperation between his industry and Samsung is more than competition. In a few years, it will be completely reversed, and competition will become more than cooperation.

   In order to win over Samsung, or to paralyze Samsung, he decided to share half of wechat’s interests in the Bangguo market to Samsung, so that everyone can cooperate happily for another year or two.

Even if it turns its face in the future, the shares of Wechat Bangguo Company can be well disposed of, such as selling to Softbank, or the merger of several companies in South Korea, Japan and Taiwan, and even a major merger in the entire East Asian and Southeast Asian markets to reorganize into one company. The shareholders are rich, and the markets of various countries and regions do not dare to easily attack new companies.

   After making up his mind, Xia Jingxing explained to Zhang Yong again, asking him to pay more attention to Li's and his son's views and attitudes towards the Chinese market and towards himself.

Xia Jingxing is also a little unsure of how Li's father and son see him and how he intends to handle the relationship with his own industries. His series of investments and mergers and acquisitions in recent years must have entered the sight of the father and son, and they still have them in their hands. There is a Samsung secretary office, which is a well-known business intelligence collection agency. He wants to use and paralyze Samsung, and others may be using the same trick to deal with him.

   Of course, at present, Fuxing Industry, Xinxin Group, BOE and other companies are not a big threat to Samsung. People may not look at these companies, and do not think these small fish are qualified to be their opponents.

   But it does not rule out the possibility that Samsung has begun to be on guard. Even more serious, Samsung has begun to plan to completely decouple from his industry.

Once the cooperation is completely terminated, not to mention anything else, as long as Samsung cuts off the supply of chips, the production plan of the revival mobile phone will be completely disrupted, and if it is more serious, it may even lead to being taken advantage of by Wisdom Fruit and Samsung, and they will share it together. The blank market left by the absence of revival mobile phones.

Just when Xia Jingxing was having a headache, the potential arch-enemy Samsung, Ling Hai, the CEO of the domestic game who had been attending the meeting and listened to the whole process without intervening, suddenly reminded: "Mr. Xia, when President Zhang goes to Bangguo, can you take that Two game production companies bought together?"

   Being reminded by Ling Hai, Xia Jingxing suddenly remembered this and replied immediately: "Yes, yes, I almost forgot, in the past few years, shareholders have been proposing to let domestic games merge the two companies Smilegate and Neople.

   I have communicated with President Chen a few days ago, and we both agreed to sell these two game production companies to domestic games to complete the missing game layout.

   No need to pay any cash, and both transactions were acquired in the form of additional domestic holding shares.

After    and other two game production companies are merged into the domestic game system, a large amount of agency and sharing fees can be saved every year.

   As for the money saved, it can be used to support the development of some new businesses, such as domestic literature. "

   Zhang Yong nodded, indicating that he had no opinion on the matter.

These two game production companies, which were acquired by Xia Jingxing and Chen Hong with their own funds in the early years, have long become a cornucopia. Since they were acquired by the two, they have successively taken away two or three billion agency fees from the Chinese market. Divided into the game, not only helped the two repay the $200 million in debt and interest owed due to leveraged buyouts, but even had a surplus of more than $100 million, which is equivalent to earning back the $100 million acquisition cost that was really paid out at that time. . …

   Now sell two game production companies to domestic games, no matter how much they sell, all are investment net profits.

  Envision Securities and Hanergy Capital have made preliminary assessments, and the two targets have a total valuation of US$4 billion.

   This valuation is neither high nor low, considering various factors such as the agency revenue, game life, and mobile game adaptation rights that the two games dnf and cf can obtain in the future.

To be honest, Xia Jingxing is confident that in the next ten years, through two enduring games, he will earn 4 billion US dollars in agency fees. On average, a game only earns 200 million US dollars a year. This number is not too large. challenge.

   However, considering the future growth of domestic holdings, share swap mergers and acquisitions are also acceptable.

It's just that the shareholders like Xu Xin who opposed the acquisition of the two game production companies in the name of the domestic holding group may have to regret it. Because of their short-sightedness, the shares they hold will be diluted a lot, and Xia Jingxing And Chen Hong's shareholding will increase a lot.

   One increase and one decrease, all stemming from trust and distrust.

  Chen Hong unconditionally trusts Xia Jingxing, he fully supports the manufacture of mobile phones, the acquisition of game companies, the acquisition of banks, and any business.

  Xu Xin and the others lacked vision, so they could only stare on the side.

   There were originally some shareholders who objected to the issuance of additional shares to acquire the two game companies, but Xia Jingxing threw out a sentence and blocked their mouths.

  Penguin is financing and preparing for the war. Naturally, domestic holdings will also increase the cash reserves on the account. Either start a new round of financing, or acquire two cash cows. In short, the shares must be diluted, and there is no other choice.

  Ling Hai then reported on the progress of introducing "League of Legends" into the Chinese market.

   This moba competitive online game developed by Riot Games was launched in the US as early as last year. Since domestic games acquired Riot Games, it became logical to introduce “League of Legends”.

The reason why    has not been launched in the Chinese market is entirely because Xia Jingxing is worried that it will cause a huge impact on the currently operating f, but the game will be tested in China at the latest next year.

By then, the game agency empire of domestic holdings will be completely formed. With these three online games, in the next few years, domestic games will be able to grab tens of billions or even tens of billions of yuan in net profit from the market, which is completely worth the Penguin. A round of allotment and additional financing has been obtained.

   However, one is internal hematopoiesis and the other is external blood transfusion. There is absolutely no comparison. Xia Jingxing wanted to see how much blood Li Yikai could give to penguins.

   After Ling Hai finished reporting on the work, Haifutong’s CEO Liu Yingqi started to report again and brought a big news to Xia Jingxing.

   "The state is ready to issue online payment licenses!"

Liu Yingqi said in a somewhat excited tone: "In June, the central bank officially announced the "Administrative Measures for Payment Services of Non-Financial Institutions", according to which, non-financial institutions providing payment services need to comply with regulations before September 1, 2011 Obtain a payment business license and become a licensed payment institution.

   In other words, there will be no more gray areas in the future. Once the payment license is obtained, it will be a regular army and will be supervised by the People's Bank of China. …

   In response to this round of opening the gate and releasing water, not only Haifutong submitted the declaration materials, but also a large number of Internet companies such as Ali, Penguin, and Shanda came to join in the fun.

   However, it is expected that the first batch of payment licenses will not be issued too many, and they will also be given priority to the national prefix and Yinlian, leaving fewer places for private enterprises, especially in the Internet industry. "

Xia Jingxing said with a smile on his face: "No matter the number of places, this is always good news, once we get the payment license, our Internet finance business will no longer need to make small fuss, and we can completely let go of our hands and feet and move towards national-level applications. To develop, to build.”

  Liu Yingqi nodded in agreement and said, "Yes, our QR code payment technology has been developed very maturely, and we are waiting for the full promotion."

  Xia Jingxing smiled and said nothing. He was thinking about the future development direction of Haifutong and the entire domestic holding group's financial business.

   It seems that there is no need to develop an independent application of Haifutong. Online payment of Internet finance seems to be the most correct way to open it.

If it develops in this direction, its functions will become more abundant, and user stickiness will also increase, but Haifutong has also lost the opportunity to become bigger and stronger, at least it cannot become an independent financial giant like Alipay. Pa.

   But then again, it is not easy to be a financial giant, and the big stick of regulation may hit him at any time.

Like Bonima, he hides almost all of the company's financial business. Although he earns less money, he is making a fortune in silence. Lei Quan let the old horse carry it all alone - of course, this matter I also blame the old horse for being in the limelight.

After analyzing the pros and cons in his mind, Xia Jingxing said, "The financial business is not in a hurry for the time being, let's get the payment license first, and the license is in hand. Our little braids."

  Liu Yingqi nodded slightly, he understood the boss's caution and caution. Because financial business is no trivial matter, the pace of opening up and innovation has always been slow, which is also determined by the national conditions, so we have to eat one bite at a time and do things step by step.

   After talking about Haifutong, Xia Jingxing turned his attention to Gao Lili, who was sitting beside Zhang Dalong, and said, "It's your turn, let's talk about the situation on Weibo."

Gao Lili's meticulous reporting: "It has been two years since Weibo was launched, and it has achieved over 200 million registered users, of which nearly 150 million are active users, accounting for one-third of the total number of netizens in the country. .

   The growth rate of registered users has slowed down significantly, and we have devoted more energy to promoting activation and consolidating our leading position in the industry.

  Penguin Weibo, because of the introduction of the QQ message synchronization function, has slightly stopped the decline in the number of active users.

   However, in the eyes of industry insiders, the battle for Weibo has basically been decided.

  From the number of active users, to social influence, to brands, most netizens agree that domestic Weibo is the real No. 1 Weibo in China. "

Xia Jingxing nodded with a smile. He is basically satisfied and relieved about the development achievements and development speed of domestic Weibo. As long as this development momentum continues, in another year and a half, we will be able to nail the final nails to the coffin of Penguin Weibo. a nail.

   In fact, Penguin himself almost conceded defeat and stopped investing too much money and resources in Penguin Weibo.

   Now that the instant messaging war is about to start, Penguin has no energy to manage a business that has failed to compete for hegemony.

   Next, Xia Jingxing inquired about the development of lower priority businesses such as Tudou and Kugou Music in turn, and gave some work instructions.

  Currently, the three most important businesses of the domestic holding group are Weibo and games, which are basically the top positions in the industry, and the businesses such as Tudou and Kugou Music should be temporarily placed in the back.

In view of this, in order to better achieve the company's development goals and embrace the various opportunities created by the explosion of the mobile Internet, Xia Jingxing plans to adjust the organizational structure of the domestic holding group, sort out and integrate the existing product business lines, and upgrade them to Several large business groups.