"When will the completion ceremony start?" Liu Dong asked.
"the day after tomorrow!"
"Remember to notify me then!" Liu Dong nodded, "Is there anything else?"
"The foundation laying ceremony of Yanjiao New City will be held on May 1st. Do you have time to attend?"
"Yanjiao New City? Has the relocation of residents been completed?" Liu Dong asked.
"Yes, it was completed last month!"
"Sure enough, it is a national-level project, much better than our private companies!"
I think back then, when the Summer Palace Hotel was renovated, it took more than a year to move just one resident. Moreover, this was still related to Liu Dong’s large amount of cash and housing subsidies. Now the population involved in Yanjiao New City is Liu Dong’s original
Several times, but it was all done in a little more than half a year. It has to be said that the influence of the behemoth state is far beyond what private groups can compare with.
After sighing with emotion, Liu Dong shook his head slightly and said, "I don't have time for the moment, just bring me to attend when the time comes!"
"yes!"
After agreeing, when Feng Jianhui saw Liu Dong's questioning eyes again, he shook his head and indicated that he was fine.
"Lao Zhang, what about you? Why did you come to Hong Kong if you don't stay in the United States?"
Hearing this, Zhang Fan smiled and said: "ebey's branch in China, eBay, is officially launched. I'm here to inspect the work!"
"How did it turn out? Did it go well?"
"The development is not bad! However, China's C2C industry is still in its infancy, so the revenue is still not as good as our branches in the United States and Europe. However, the domestic economy is developing rapidly, and the number of people online every year is also increasing exponentially.
, I believe that within five years at most, Chinese companies will become a huge market no less than the United States and Europe. Moreover, Xuntong Group, which owns the world's most popular payment tool PayPal and the world's largest instant messaging tool icq, will be among them.
Take the lead!"
Seeing the confident look on Zhang Fan's face, Liu Dong smiled and nodded.
"I don't care about the specific operations, I only look at the results! Of course, if the company encounters administrative difficulties in its domestic development, give me a call!"
"Yes, Director Liu!"
"Is there anything else?" Looking at the hesitant look on Zhang Fan's face, Liu Dong asked directly.
"Yes, Chairman!" After a pause, Zhang Fan looked directly at Liu Dong and said, "I hope you will allow me to acquire Yahoo!"
"Yahoo?" Liu Dong frowned, "Why?"
Liu Dong, of course, would not be unaware of Yahoo, an Internet giant that was once hailed as the creator of the Internet miracle at the end of the 20th century and has operations in more than 20 major countries and regions around the world.
However, this Internet giant, which reached US$130 billion at its peak, has been on a decline since the Internet bubble. Especially after losing to its former younger brother Google in the search engine, Yahoo's market value has continued to fall. However, now,
Yahoo is still a giant with a total market capitalization of over $50 billion.
With the current strength of Xuntong Group, it is simply impossible to annex Yahoo. Of course, it would be different if Liu Dong and Hanhua Group were behind it!
"Because if Xuntong Group wants to become a leader in the Internet industry and can continue to consolidate this position, it must rely on our current advantages to create a closed industrial ecosystem!"
"Tell me more specifically!" Liu Dong frowned.
"Okay! There are now four types of Internet companies, namely content, search, community and personalization. The core businesses are also divided into four types, namely search engines represented by Yahoo, Google and domestic Baidu; eBay
, e-commerce represented by Amazon and Alibaba; online games represented by EA, Blizzard and domestic Shanda; and portals represented by icq, Yahoo, domestic Tencent and NetEase!"
"In terms of content portals, icq, a subsidiary of CCT Group, is already number one in the world. With 800 million registered users, as long as we don't make mistakes, neither Tencent nor MSN, owned by Microsoft, can surpass our position in this regard.
.However, .icq focuses on instant messaging, and we cannot compare to Yahoo! in terms of providing content.”
"In terms of e-commerce, eBay and Amazon, both owned by Xuntong Group, are now divided. Amazon focuses on shopping, while eBay focuses on online auctions. We have achieved the ultimate in online auctions. So, if we want to surpass Amazon.
While consolidating eBay's advantages, we should work hard on online shopping, especially before Amazon, and invest in the BRIC countries with rapid global economic development, such as China, India, Brazil, South Africa and other countries, to build a complete logistics network!
"
"Search and online games are our weak points! Fortunately for online game companies, even EA's market value is less than half that of Yahoo. Blizzard is even cheaper! Search engines are a difficult point. Because of Yahoo's neglect, Google is now basically
It has already established a global advantage! However, relatively speaking, Yahoo’s search engine still has nearly 200 million users around the world, which is not too different from Google.”
"If we can acquire Yahoo, we will be able to make up for our weaknesses in search engines and portals. By then, with the Yahoo engine, Yahoo portal, icq instant messaging and eBay, we will form a powerful closed Internet ecosystem.
.In this ecosystem, there are more than one billion or even billions of Internet users around the world. They can use one account to shop online, search for information, and browse any news happening around the world at any time.
Contact friends, the user stickiness of such an Internet ecosystem will far exceed that of a single type of Internet company!"
Zhang Fan's excited and inflammatory words caused huge waves in the hearts of Liu Dong and Feng Jianhui. With their vision and knowledge, they can naturally understand that Zhang Fan's remarks are not castles in the air, but have very strong feasibility.
After these years, after witnessing the development of the Internet with his own eyes, Liu Dong has now become a qualified leader of Internet companies. He also understands what user stickiness is, what user experience is, and what
It’s called the catfish effect!
"There are many Internet companies of various types. If just those mentioned above want to form a closed Internet ecosystem, it may not be enough!" Feng Jianhui said.
"Of course, but we have been working hard. At the end of last year, we, United Matrix Media, acquired Netflix, the number one entertainment video company in the United States. In addition, I also hope that the parent company can agree to acquire Universal Music's professional music website
'emu private c' and 'Ctrip', a subsidiary of K. Wah Group, were handed over to the leadership of Xuntong Group."
Looking at Zhang Fan with an expectant look on his face, Liu Dong thought for a moment and said, "We'll talk about 'emu private c' and Ctrip later. How do you plan to acquire Yahoo? Don't tell me you came without any preparation.
!”
"Of course not! This is my acquisition plan!"
With that said, Zhang Fan took out a thick stack of documents from his briefcase and placed them in front of Liu Dong.
After taking it and looking at it twice, Liu Dong's eyes suddenly widened.
"You're so rude. With 50 billion US dollars in acquisition funds, where can I raise so much money for you?" Liu Dong said angrily.
Originally, he had abundant funds, but in order to win the battle with Standard Chartered Bank, all the funds he prepared were basically exhausted. Later, the money from Citibank and HSBC was "empty", although in the acquisition
Universal Music and Pixar did not spend all of it, but what was left was only about US$5 billion. This was nearly ten times less than Zhang Fan’s requirements!
"Haha. Aren't you, the chairman, and the head office still here?" Zhang Fan smiled sarcastically. He also knew that 50 billion U.S. dollars was really a lot of money.
However, in the past nearly five years, the impression that Liu Dong never lacked money has been deeply ingrained in Zhang Fan's mind. Especially when Standard Chartered Bank encountered difficulties, it was even more difficult to wave tens of billions of dollars in huge funds.
Zhang Fan was shocked.
That's why after the turn of the year, he brought forward the plan that he had suppressed in his heart and prepared to implement in a few years.
"Do you think I am the God of Wealth?" Liu Dong couldn't help but said.
But looking at the anticipation in Zhang Fan's eyes, Liu Dong's eyes revealed a deep thought. To be honest, he was also moved by Zhang Fan's remarks just now.
A closed Internet ecosystem including search, portals, entertainment, e-commerce, online games and other businesses. If this plan can eventually become a reality, then Liu Dong has no doubt that the future Xuntong Group will become
The Internet industry is a well-deserved giant.
Judging from the current development speed of the Internet industry, its future assets will surpass Standard Chartered Bank, which is currently the most valuable bank in Liu Dong's hands.
"If we raise funds, are you sure Jerry Yang and David Filo will agree to sell Yahoo to us?" Liu Dong asked after pondering for a while.
"I'm 70% sure!" Zhang Fan exclaimed excitedly. "Now, because of the emergence of Google, Yahoo's search business has declined. Not only has it not recovered its market value before the Internet bubble, but it has been declining! In the West, this kind of
In a society where money is paramount, no investment institution or bank will choose to hold the stock of a depreciating company. Therefore, as long as our offer is appropriate, acquiring Yahoo may be difficult. But it is not completely impossible."
Liu Dong nodded, thought for a moment and then continued: "You just mentioned that Yahoo's market value has been declining, so how are you going to save this declining Internet giant?"
"The crux of Yahoo's decline lies in their wavering corporate planning, that is, unclear positioning! Before the emergence of Google, Yahoo has always been a portal focusing on mobile advertising and providing content. So they erroneously embedded
Google's search bar. But when Google absorbed the nutrients of Yahoo and became the leader in the search industry, Yahoo, which originally focused on providing content, shifted its focus to search. As a result, they did not surpass Google in search, but because of Google's success, they
I’m confused on the two major areas of search and content!”
"In addition, Yahoo is now the largest Internet technology company in the United States. Its annual number of patent registrations ranks first among Internet technology companies in the United States and even the world! This should have become a strong foundation for the company. But Yahoo has mistakenly used these patents
It has been licensed to Internet peers such as Google and Amazon, even though they are its own competitors! This kind of reckless patent licensing has allowed Yahoo to obtain a large amount of patent funds, but it has also raised its own opponents. This kind of short-sightedness
His behavior is really puzzling!”
"Also, Yahoo's business is too bloated! It covers everything but cannot achieve the ultimate. This is undoubtedly self-destruction in the Internet industry where the 'catfish effect' prevails!" After a pause, "If we acquire Yahoo, I am prepared to
The search business was spun off from Yahoo and an independent company was established focusing on the search industry! Split off Yahoo Email and become an independent subsidiary owned only by the leaders of Xuntong. Cancel Yahoo Messenger and hand over all Yahoo Messenger membership information to icq!"
"Yahoo's future will be a portal website that mainly provides content!"
After finishing speaking, looking at Liu Dong who was lost in thought, Zhang Fan, who was originally confident, couldn't help but feel a little uneasy. The reason for this is because Yahoo is too important to Xuntong Group. If the acquisition of Yahoo can be successful, then
Xuntong Group's assets will directly double.
By then, it will own ICQ, the world's number one instant messaging company, eBay, one of the world's two largest e-commerce companies, Yahoo, the world's largest portal, and Yahoo Search, the world's second largest Internet search company.
', as well as the world's largest email address 'Yahoo Mail', as well as the world's leading professional entertainment, professional music, and travel websites, the future of Xuntong Group will undoubtedly become the leader of the global Internet industry in the future.
Becoming an industry leader, or even No. 1, has always been Zhang Fan’s most unwavering ideal and goal as the chairman of Xuntong Group.
"Jianhui, what do you think about Lao Zhang's plan?" Liu Dong, who had been thinking for a while, turned around and asked.
After taking a look at the nervous Zhang Fan, Feng Jianhui smiled and said: "Although Mr. Zhang's acquisition and planning projects are not perfect, there are not too many problems. And I also agree with what he said about the Internet ecosystem! I believe it,
Even if we don't do it today, there will be Internet companies that develop in the future. And, as far as I know, Microsoft is already working hard in this regard! They already have MSN, and they are still looking to acquire Google. Fortunately,
What is true is that we are ahead of Bill Gates, but if we don’t work hard, this advantage will not last long.”
"You mean you agree!"
"Yes! If funds permit, I think the acquisition of Yahoo should be completed as soon as possible!" Feng Jianhui affirmed.