Zhang Yida felt that Li Xiuman had a sharp eye, and he could see at a glance that Musical.ly had the potential to become popular in Korea.
In the previous life, Douyin placed an advertisement on the Korean variety show "Running Man" and asked several running male stars to upload their own short videos on Douyin, which immediately became a popular whirlwind in South Korea.
The short videos that all my idols are playing are definitely no different. Ordinary people in Korea are just falling into this trap.
However, although Zhang Yida values SM's celebrity resources, it does not mean that he is willing to set up a joint venture.
Regarding mobile payment, the reason why Zhang Yida and his elegant brothers jointly launched the joint venture company Toss is because the financial business is too sensitive and foreign-funded companies may not be able to obtain local financial licenses.
Musical.ly is different. Although it also involves the culture and religious beliefs of various countries, in the end it is not as sensitive as financial business.
If it is really divided into one country and one joint venture, it will become a shitty global technology company.
"Okay, I will consider Mr. Zhang's proposal carefully."
Li Xiuman's face looked as usual, and Zhang Yida couldn't see anything unusual.
But if SM really wants to launch its own short video platform to compete with itself, I won’t be afraid.
SM is a small role. What Zhang Yida is most worried about is Toutiao and Kuaishou in China, and Facebook is one of them abroad.
"Well, I won't disturb Mr. Zhang's drinking."
Zhang Yida smiled and said: "Thank you Mr. Li for your hospitality!"
After walking out of the private room, Zhang Yida said a few words to Jin Changhan, telling them to have fun, and then returned to the hotel where they were staying under the escort of several bodyguards.
Until Jin Changhan returned to the private room where the senior management of Blue Cave was, Song Qian, Zheng Xiujing and several other girls were still waiting in the private room.
Looking at the beautifully dressed girls, Jin Changhan couldn't figure out whether the president had some kind of mysophobia?
"Miss Zheng, you should go back first! The president has left!" Jin Changhan communicated with Zheng Xiujing in Korean.
Several girls looked at each other. This was the first time they met this kind of customer. They just ignored him and didn't even look at him.
"Humph, what's so great about that Chinese guy?"
After leaving the bar, Zheng Xiujing complained.
This sentence sounded a bit harsh to Song Qian, who is Chinese.
She went to South Korea alone to work hard, and was often ostracized by other Koreans in the company.
Some stick people also have a strong sense of superiority, thinking that Korea is so good and China is so bad.
She couldn't help but say: "He is really amazing. He is the youngest rich man in China, and his company's combined market value exceeds US$60 billion!"
"60 billion U.S. dollars? Isn't that 666,666.6 billion won?" other girls in the team exclaimed.
"Is he a conglomerate? Are there such big conglomerates in China?" Others began to ask Song Qian.
Song Qian was very satisfied with the reactions of several girls, and as a Chinese, she was proud of it.
She decided to brag to them, and continued: "He is not a conglomerate! His parents are small businessmen. It is said that they have a net worth of tens of millions of yuan. If converted into Korean won, it would be almost 10 billion!"
"Ten billion is still a small businessman? Are all Chinese people so rich now?"
Zheng Xiujing grew up in the United States and has more experience. She retorted: "Those are all Internet companies, right? This industry has a big bubble. Don't look at today's valuation of 66 trillion, it may be worthless after a while!"
"There are only two companies listed in the United States, with a combined market value of more than 10 billion US dollars. You can find out by just searching Google..."
Song Qian felt that these girls were too blind-sighted, and they simply couldn’t see the truth!
Zheng Xiujing was not convinced and started searching on Google on the spot, and other girls also joined in.
When they saw the newly released Forbes 2016 rankings, they were speechless. The words "16.8 billion U.S. dollars" were very dazzling!
…
Forbes' 2016 rankings were recently released, and Wang Jianlin continues to be China's richest man with a net worth of US$33 billion.
Jack Ma, Bonima, and Shunfeng Wang Wei ranked second, third, and fourth respectively with US$28.2 billion, US$24.5 billion, and US$18.5 billion.
The age of fifth place is a bit eye-catching, he is only 21 years old, which is more than twice the age of the previous big guys.
Wang Jianlin, 62, is almost three times his age.
Domestic netizens are hotly discussing how much net worth Zhang Yida has?
Because according to Forbes' announcement, only Zhang Yida's personal shareholdings in three companies, Ruixiang Group, Yimin Internet Finance, and Yimin Wealth, were counted.
Forbes values Ruixiang Group at US$30 billion. Zhang Yida personally holds 38.18% of the shares, worth US$11.454 billion;
Yimin Wangjin has a market value of US$9.2 billion, with Zhang Yida holding 47.51% of the shares, worth US$4.371 billion;
Yimin Wealth has a market value of US$2.9 billion, with Zhang Yida holding 33.84% of the shares, worth US$981 million;
In these three companies alone, the total value of Zhang Yida’s shares has reached US$16.8 billion.
Many netizens are curious why a series of unicorn companies such as Huimin Travel, Pinduoduo, and DouShi are not included in the statistics?
Some people said that the equity of unlisted companies was not included in the statistics, but someone immediately came out to refute: Then why was Ruixiang Group included in the statistics?
Moreover, Lei Jun's worth ranking also includes his holdings in Rice Group. Otherwise, relying solely on angel investment and holdings in Jinshan would not be able to support his worth of US$8.4 billion.
Most netizens believed that Forbes' statistics on Zhang Yida's net worth were not accurate enough, and they enthusiastically made supplements.
"Huimin Travel has reached the C round of financing. I estimate that Zhang Yida's shareholding ratio is similar to that of Ruixiang, at least 38%."
"Replying to the person above, Huimin Travel has several more rounds of financing than Ruixiang. I estimate it is below 30%."
"I heard that Huimin Travel's valuation is US$6 billion. If calculated based on a 30% shareholding ratio, it would be US$1.8 billion!"
"It's hard to calculate. Ruixiang Industrial Investment Fund is also a shareholder of Huimin Travel, and Zhang Yida also indirectly holds shares of Huimin Travel through Ruixiang."
"Without asking for the most accurate data, Zhang Yida's shareholding ratio in Huimin Travel is at least 20%, right? This is also US$1.2 billion!"
"Brother Qiangdong's shareholding ratio in Goudong is only over 16 points, and Jack Ma and Bonima are even lower, one is over 6 points, and the other is over 8 points.
Maybe Zhang Yida’s shareholding ratio will be in single digits!”
"It's a good time for Zhang Yida to catch up. At the beginning of the century, a round of venture capital financing would take away 30% or 40% of your shares, but now a round of financing is basically 12%.
ten.
I am sure that Zhang Yida’s shareholding ratio is at least 20%. If it is less than this amount, I will live broadcast eating!"
"Just wait for Chixiang! What if Zhang Yida cashes out his shares midway?"
"I just used the company inquiry website to check. It is a Hong Kong company that holds 100% of the equity of Huimin Travel. Then I can't see more details."
“It’s weird to see it! It’s a VIE structure, and behind the Hong Kong company are offshore companies registered in the Cayman Islands and other places.
You have to go through the offshore company process to find out Zhang Yida’s specific shareholding ratio.”
"Shadow netizens, it's useless to guess. This requires professionals to make guesses and calculations based on public financing information and various public clues.
Of course, this kind of speculation is not accurate enough, and the error is quite large. Only the parties involved know the most real situation."
…
On the Internet, there are all kinds of things. One moment it is said that Zhang Yida’s shareholding ratio is as high as dozens of percent, and the other moment it is said that it is only a few percent.
After discussing Huimin Travel, netizens began to discuss Pinduoduo, DouShi... and other companies. None of Zhang Yida's companies were left behind.
Including the worst-performing company, Dogford Network Technology, netizens have given it valuations ranging from tens of millions to one or two hundred million yuan based on the fact that it has several high-end Taobao stores.
Dogfud also owns Daya Media, an M organization. This company has signed dozens of anchors and has been carrying out live broadcasting business this year.
Some professionals jumped out and gave valuations ranging from tens to hundreds of millions.
Forbes Magazine saw the lively discussions among Chinese netizens, questioning this and that.
We spoke directly through official channels: Out of a rigorous attitude, we only counted Mr. Zhang Yida’s shareholdings in three companies in this ranking, two of which are listed companies, and the information is open and transparent.
Mr. Zhang’s shareholding ratio in Ruixiang Group was personally revealed by Mr. Zhang in an interview.
As for Mr. Zhang's shareholding ratio in other companies, he did not disclose it to us, and it was not rigorous enough to speculate, so we selectively ignored it.
Forbes' answer obviously dissatisfied netizens. Many people went to comment on Zhang Yida's Weibo article and asked how much money Zhang Yida has.
Of course, it is impossible for Zhang Yida to answer such a boring question.
The reason why he disclosed his shareholding ratio in Ruixiang was to reveal his wealth bit by bit according to the rhythm and increase his social popularity.
Times have changed, and celebrity entrepreneurs have begun to endorse companies.
Unlike those who shoot advertisements like Chen Ou, this kind of "endorsement" is subtle, implanted little by little, and moisturizes things silently.
Jack Ma often talks big at forums, how many jobs will be solved, how many jobs will be created, and takes photos with leaders of various countries.
Lei Jun held a product launch conference and put forward theories such as "Pigs on the Wind".
Zhang Yida is young and has received considerable attention.
However, his net worth was only over US$2 billion last year, and his influence is ultimately very limited.
Now that Dioshu and Ruixiang are expanding internationally, it is necessary to show off their muscles.
However, this muscle is still a bit weak and cannot be compared with the old wealthy people with abundant cash flow.
Most of the assets are in Ruixiang, and Ruixiang has not yet been listed, so the liquidity of the assets is very poor. Even if it is listed, it will not be easy to sell.
Therefore, Zhang Yida didn't lose his weight, and he could still clearly carry a few kilograms.
As for why not make all company holdings public?
That's because once it becomes public, Zhang Yida is afraid that he will crush the richest man Wang.
Zhang Yida has calculated in private that the total of his miscellaneous assets has exceeded 30 billion US dollars.
Of course, more than 80% are unlisted assets, and the total listed assets are only more than 5 billion US dollars.
Even if the trees are beautiful in the forest, the wind will destroy them!
It’s better to let Mr. Wang face Gale first!
Zhang Yida also didn't expect that even though he only exposed half of his assets, there would be heated discussions on the Internet.
I also want to keep a low profile, but my strength doesn’t allow it! He sighed, he really couldn’t imagine what it would be like if all his assets were made public.
In addition, he felt that he should be a little more humble and low-key, and not try to steal the limelight from the second horse for the time being.
He is still young and cannot be too dazzling for the time being. Suddenly becoming the richest man in the Internet industry can easily arouse the hatred of rich people among his peers.
Including Bonima, Zhang Yida is also worried that if he outshines him, the other party will be afraid or weaken his mentality.
You can't think too well of people, or you won't be afraid of assuming the worst possible ill will in others.
…
"Boss, I found a big gimmick. This year I can compete with Forbes!"