Chapter 646: Subsidiaries with a market value of trillions
As Alibaba's cloud computing business was incorporated into Starry Sky Group's cloud computing business, Alibaba has finally solved a problem of dragging back.
When this news came out, many executives of Alibaba breathed a sigh of relief.
Since Boss Ma took up the cloud computing business a few years ago, Alibaba has invested several times the budgets in this department every year.
Even in Alibaba's most difficult days of that year, the budget of the cloud computing department was not reduced.
But years have passed, Alibaba's cloud computing business has been hovering at the bottom, without breaking through the most critical technology.
Now that the cloud computing business is sold to Starry Sky Group, it is also a happy thing for other executives of Alibaba.
After all, these executives hold shares in the company, and their annual income is the company's dividends in addition to their salary.
Now that there is no high budget for the cloud computing department, the money they can get every year will be even more.
Originally, Starry Sky Group's cloud computing business was already at the top in China. With the merger of Alibaba's cloud computing business, for a time, there was no second company's cloud computing business in China that could compete with Starry Sky Group's cloud computing business.
Starry Sky Group's cloud computing business soon began to enter the commercial stage.
In the next two years, the profits contributed by the cloud computing business to Starry Sky Group accounted for 10% of the group's total annual profit.
Don't look at the 10% share, it seems that it is not a lot.
Starry Sky Group's current business is spread across various industries, not only has the profits of listed companies attributable to parent companies, but also the profits of those companies that are not listed.
In 2015 alone, Starry Sky Group's annual profit had exceeded one trillion yuan.
You read that right, this is still profit. If it were sales revenue, it would have exceeded 10 trillion yuan, and this revenue is still rising at a terrifying rate every year.
In 2014, the game subsidiary of Starry Sky Group was successfully listed in Xiangjiang.
In 2015, the mobile game industry ushered in a big explosion. As the largest game company in China, Starry Sky Group's game company also launched a two-year bull market after its listing in Xiangjiang.
The market value of the game company has also increased from HK$50 billion at its listing to HK$1 trillion.
The game company has also become the third subsidiary of Starry Sky Group with a market value of over one trillion yuan.
The other two are Starry Sky Logistics Company and Penguin Company.
In the fight between Lin Feng and Li's company, Li Cheng gave all the shares of Penguin Company held by Li Kai to Lin Feng.
When Lin Feng held more than 50% of Penguin's shares, he held a shareholders' meeting and began to force reverse repurchase many shareholders' shares.
After more than a year, Starry Sky Group's shares in Penguin Company have reached a terrifying 70%.
As a company listed in Xiangjiang, the shareholding ratio of major shareholders reaches 70%, which is very strange.
After all, in the open market of Xiangjiang, many Internet companies do not have the same voting rights as the shareholding ratio.
Just like Mr. Ma of Penguin Company, he does not hold many shares, but his voting rights on the company's board of directors are very high.
But none of these are difficult for Lin Feng.
When he held 70% of the shares of Penguin Company, he replaced all the management of Penguin Company with his own people through various means.
In other words, the future development of Penguin Company is all Lin Feng has the final say.
After Penguin's gaming business was divested, Penguin's main business was to continuously deepen the entertainment industry.
The film and television industry, online literature industry, music industry, etc. are all the goals of Penguin Company to deepen.
Lin Feng then incorporated the Starry Sky Group's live chat tool "WeChat" software business into Penguin, making Penguin a leader in the domestic chat industry.
Then, using these huge user traffic resources to reasonably import into other industries, Penguin soon became the leader in the domestic film and television industry, online literature industry and music industry.
When Penguin Company divested its gaming business, the company's market value fell below one trillion yuan.
But in just two years, when Penguin Company once again produced its dazzling financial statements, Penguin Company's stock price nearly tripled in just half a year.
Penguin's market value also successfully exceeded 3 trillion in 2015.
Even many analysts from securities companies are optimistic about the future prospects of Penguin and have raised the target price of Penguin.
Among them, Goldman Sachs has the highest price. According to the valuation they gave, Penguin's market value can reach HK$5 trillion.
Goldman Sachs' offer for Penguin Company surprised many people in the financial industry. It is really hard for them to believe that Penguin Company's market value will be so high in the future.
But these people soon discovered that they were still too naive.
In just three years, Penguin's stock price continued to rise like a Rocket.
First, it exceeded 4 trillion market value, and then it was 5 trillion. By 2018, Penguin's market value had exceeded 6 trillion Hong Kong dollars.
Just when many people regretted why they didn’t get on the bus, and then thought that Penguin’s market value was already overvalued and they didn’t dare to continue getting on the bus.
Penguin once again launched a new social model in 2020, subverting the traditional chat model, and the company's market value also successfully exceeded 10 trillion Hong Kong dollars.
In 2015, Starry Sky Group Game Company launched two new games, "The King's Battle" and "Special Competition".
Although there have been many similar games in these two games before, after the launch of these two games by Starry Sky Group Game Company, they have suddenly become the most popular phenomenal game in China.
When walking on the street, you can see young people playing games while holding their mobile phones, standing or squatting on the road, and even taking a car without stopping to play games.
Two years later, Starry Sky Group Game Company officially launched the VR versions of "King of the King" and "Special Competition", which suddenly flooded everyone's circle of friends.
No one expected that the game mode in science fiction movies would become a reality in 2018.
However, playing these two VR versions of the game requires purchasing a game warehouse worth 200,000, so not all players can afford it.
However, even if the price is 200,000 yuan, the 100,000 game warehouse that was originally launched was sold out immediately after the sale of this game warehouse.
At the same time, the market value of the game company has also exceeded 5 trillion Hong Kong dollars in 2015.
When the game company claimed that it would launch a game warehouse of no more than 10,000 yuan later, the game company's stock price soared, and its market value exceeded 8 trillion yuan.
Chapter completed!