A one-time investment of nearly 2.6 billion US dollars in the new energy vehicle track finally used up the remaining 3 billion US dollars of credit lines from foreign investment banks of 10 billion US dollars.
The remaining more than 300 million U.S. dollars were not idle. Zhang Yida arranged to start short selling two companies, Noah Fortune in the US stock market and Chengxing International in the Hong Kong stock market.
Ding Siyao didn't ask specifically because this was something Zhang Yida had already explained.
For Zhang Yida, even though he can't make much money from short selling, it's like a mosquito's legs to him now, but who would think it's too much money?
In a few months, everything he will face will basically be unknown, and it will still be a big test for him.
He is not worried about whether his investment myth will be exposed.
We have reached this stage, and we have gathered top talents from all walks of life. There are people who can help analyze the development prospects of the industry and investigate the specific conditions of the target.
If this is the case and you still can't make any money from your investment, then you deserve to be thrown into the street.
But compared to the previous "always on target", there may be some minor mistakes.
Compared with investing in side businesses, he is more concerned about the giant ship Ruixiang.
With its development to the present, Ruixiang is stronger and more threatening than any small giant in the previous life due to its integration of many industries such as Pinduoduo, Kuaishou, Bilibili, Little Red Book, PlayerUnknown's Battlegrounds, etc.
Mayer, who had just resigned from Disney and came to the China headquarters, followed Zhang Yida and visited Ruixiang Building and Zhongkun Plaza, which was being transformed into one of the headquarters.
Zhongkun Plaza was the last newly built and largest urban complex project within the Third Ring Road of Beijing. It was also the only large-scale commercial project with a subway passing through it at that time.
This giant commercial building with a total construction area of 430,000 square meters and an area of 140,000 square meters has been ill-fated since its construction started in 2004.
Despite its strategic location, due to the early use of the sale-leaseback model, small owners were dispersed and management was difficult. Dazhong Temple Zhongkun Plaza once experienced problems such as owner withdrawal and owner disputes, and its operations were not satisfactory.
The boss was even listed on the list of dishonest executors earlier this year.
Then, the Haiding government and Oriental Asset Management Company, which was responsible for restructuring non-performing assets, found Ruixiang and planned to let Ruixiang be the successor.
Zhongkun Plaza faces Xizhimen to the south, the Third Ring Road to the north, Zhongguancun to the northwest, the Asia-Olympic Business District to the northeast, and is surrounded by universities such as Jingcheng University, Aoki University, Beihang University, Jiaotong University, and Beijing Institute of Technology.
Considering that the headquarters in Beijing is still under construction and the number of employees is still growing rapidly, it is possible that the headquarters will not be able to accommodate so many people even after it is completed.
So Zhang Yida agreed to buy this commercial building that was difficult to rent for 9 billion yuan, which was considered to have helped the government solve the problem and also to stock up on property.
When Zhongkun Plaza is renovated and renovated, Ruixiang's digital content, e-commerce, and technology business groups will move there, while the financial business group will continue to stay in Ruixiang Building.
As for subsequent adjustments, we will wait until the new headquarters building is completed.
Mayer looked at the dilapidated commercial building that was surrounded by construction and renovation, and asked with some confusion: "Boss, why don't you follow Apple's example and build a huge, technologically-rich headquarters? Bring all employees together
Working together together is like a small city."
Zhang Yida has explained it many times, and this time he continued to take the trouble to popularize knowledge to foreigners: "It is not a good thing for young people to live in the urban-rural fringe and spend a lot of time commuting..."
Mayer looked like he didn't understand. From his American point of view, in terms of comfortable environment, the suburbs are definitely better.
Ordinary employees cannot afford luxury apartments or large flats in urban areas. Will they be happy living in crowded urban areas?
Zhang Yida did not explain too much. To understand China, you have to settle here and then explore it carefully.
However, Mayer will not have this opportunity. After staying at Ruixiang headquarters for half a month, he will take office and travel to various countries to inspect offices around the world.
"Boss, has the Indian section been restored?"
Mayer stepped into the role quickly and is now starting to care about her job again.
He knew that Musical.ly had been accused of unwarranted charges in India some time ago and was suddenly taken off the market.
"I just recovered for two days."
Zhang Yida looked surprised, and Ah San made a sharp move this time.
After being removed from the shelves for 8 days, Musical.ly conservatively estimated that it lost 15 million new users and more than 4 million US dollars in direct economic losses.
This also further strengthened his determination to get a vest!
Kumar is now in India and has scraped together the $1 million necessary to become a partner.
Currently, Kumar is building a team with the help of Musical.ly India to develop a short video recording life called Helo, targeting China's Kuaishou and forming differentiated competition with Musical.ly.
Ruixiang's directors and major shareholders are very aware of this and have no objections.
Anyway, their shareholdings in Ruixiang have been transferred to Helo Short Video in proportion. Even if they use some of Ruixiang's resources, it is not considered a violation or an act that harms their interests.
Seeing Zhang Yida's unhappy face, Mayer smiled and persuaded: "Boss, don't be too angry. Facebook is also very difficult in India, and it has always been patient.
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 did not hide the Helo matter from Mayer. After all, the latter managed all overseas products and had to deal with Helo. It would be better to make it clear.
Mayer added: "The development of Resso is a bit slow. I have looked at the data. So far, although the number of users has reached hundreds of millions, the number of paid users has only reached 5 million."
"yes!"
Zhang Yida sighed, "Our current main markets are Southeast Asia and India, followed by Africa and the United States.
Of those 5 million paying users, more than half are provided by the U.S. 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 20 million paying users in 2021."
Resso is a joint venture between Ruixiang and three major record companies. Ruixiang invested US$550 million, accounting for 55% of the shares;
The three major record labels invested US$300 million plus US$150 million to license the music copyright for three years, accounting for 45% of the shares.
But competitors like Shengpotian, Apple Music, Amazon Music, and YouTube Music are not small companies. They were established earlier than Resso, and they also have a powerful parent company behind them.
Resso worked hard to achieve the current results.
It's not that great, but it's actually not that bad either.
If all 100 million registered users come from the European and American markets, the payment rate will be much higher.
However, the European and American markets are currently in chaos, and Resso is struggling very hard to develop its business, so it can only focus on developing countries for the time being.
Zhang Yida plans to shift his focus to the European and American markets after establishing a firm foothold in Africa, India, and Southeast Asia.
When Zhang Yida told Mayer these ideas, he was opposed by the latter.
"No, Boss!"
Mayer looked at Zhang Yida seriously and said: "Developing countries are not a blue ocean now, Shengpotian and several other companies have also squeezed in.
By the time we have established a foothold and established advantages in these developing countries, the European and American markets have been built up to the point where we can no longer enter.
We should confront them and burn the flames of war into their back gardens.
One European and American user is worth 10 users in developing countries.
Even if we haven’t fought before, as long as we force a few of them to return support, we can alleviate one or two of our pressures in emerging markets.”
Zhang Yida was delighted. Isn’t this about encircling Wei and rescuing Zhao? Foreigners also know the Thirty-six Strategies?