At present, "World of Warcraft" has achieved success in China, and Ma Huateng is getting closer to the position of president of Tencent Technology (China).
China has a population of 1.3 billion, the United States is only 300 million, the total population of Europe is 700 million, and the combined population of Europe and the United States is only 1 billion.
With the recovery and development of China's economy, the Chinese market is even more important than the US market.
Tmall's "Double 11" single-day transaction volume exceeded 168.2 billion yuan, but Amazon's website is absolutely impossible. In the Prime shopping festival held by Amazon, the highest sales day was only "2 billion US dollars", which was converted into yuan. It is only more than 10 billion RMB. The difference between the two is 108,000 miles!
In addition, China is the core hub of Asia's economy, culture and politics, and it is easier for Chinese companies to gain a firm foothold in Asian countries.
As we all know, Asia has a large population, of which 7 countries have a population of over 100 million: more than 1.3 billion in China, more than 1.1 billion in India, more than 250 million in Indonesia, more than 180 million in Pakistan, more than 150 million in Bangladesh, and 100 million in Japan and the Philippines. come out. Although some other countries have a population of less than 100 million, they are also very large. For example, Vietnam has a population of 90 million.
What a huge market in Asia!
On July 30, Ma Huateng received a letter of appointment.
He opened it and almost screamed with excitement.
"I want to be the CEO of Tencent Technology (China)!!!"
"Congratulations, Mr. Ma!"
"Congratulations, Mr. Ma!"
The executives of Tencent Technology (China) Company congratulated one by one.
Li Zetian and Li Youran also sent emails to congratulate him.
The next day, when the news broke, major Chinese media sent reporters to interview Ma Huateng. Ma Huateng Chunfeng is proud of the horse's hoof disease, the whole person is full of energy, as if the second spring is glowing!
…
Just on the morning of July 20, Chen Tianqiao announced that Shanda Group had started the process of listing the company and chose to list on Nasdaq for financing. In fact, Shanda Group has long wanted to go public, and it has been preparing for a long time. The relevant application documents produced by sponsors and other intermediaries have already been sent to the US Securities Regulatory Commission for review.
According to the current profit situation of Shanda Group, it should be no problem to pass the audit. It is expected that Shanda Group will be listed on Nasdaq in a few months.
As soon as the news of Shanda Group's preparation for listing came out, the Chinese game industry shook, and other game companies also moved their minds and planned to go public for financing.
After Li Zetian heard the news, he was not surprised.
Shanda Group goes public as soon as it goes public. China's Internet landscape has already taken shape, and Shanda Group can't afford to make any big waves in the end.
In addition, Shanda Group is almost a family business, and many of the company's top management are relatives of Chen Tianqiao. It is conceivable that such a family business can develop? The Shanda Group of the previous life has disappeared!
In early October 2004, Shanda Group successfully listed on Nasdaq and raised 180 million US dollars!
Of course you have to spend money.
Shanda Group's first step is to control the upstream content provider Actoz Co., Ltd. Shanda Group invested a total of 106 million US dollars in cash premium to buy 38% of Actoz's major shareholders, holding Actoz. Because the copyright of "Legend" is jointly owned by Actoz and its joint-stock company WEMADE.
This huge investment in mergers and acquisitions caused a stir in China and South Korea.
However, when the news reached Li Zetian's ears, Li Zetian laughed.
Selena wondered: "Mr. Li, Shanda Group acquired Actoz, aren't you worried?"
Li Zetian curled his lips and sneered: "What is there to worry about, Shanda Group's huge investment in Actoz is definitely a big failure!"
"Failure?"
"Yes, it's a failure!"
Li Zetian's face showed obvious sarcasm. He knew why Shanda Group acquired Actoz. Its original intention was to solve the copyright problem, but it was too short-sighted. The assets that Shanda Group bought are actually not strategic!
In the venture capital world, venture capitalists have an investment iron law: "The essence of buying a high-tech company is to buy the hearts of the core entrepreneurial team!"
Shanda Group controls Actoz, but Actoz's shareholding company, WEDADE, is the real controller of game R&D capabilities. WEDADE founder Park Hao and his team, who have a background in technology R&D, are Shanda's most desirable and strategic assets. On the contrary, Actoz, which cannot come up with successful new products, only has the copyright of "Legend", and Actoz technical developers who are described as "genius" by a senior executive of Shanda are not the strategic and most valuable ones that Shanda should acquire. asset.
Without the core team that masters technology research and development capabilities, the controlling interest of high-tech companies has no meaning at all.
Li Zetian told Selena his opinion, and Selena suddenly realized.
However, the Shanda Group is still complacent.
After Shanda Group acquired Actoz, Chen Tianqiao's confidence increased greatly and he was ready to implement the "big plan" in his heart, but before the implementation of this "big plan", he still had to acquire Sina!
The acquisition of Sina will cost money, Chen Tianqiao thought, where will the money come from
Soon, Chen Tianqiao thought of a way: issue bonds!
Chen Tianqiao contacted Goldman Sachs, and Shanda Group issued bonds with the help of Goldman Sachs. Unexpectedly, in just one week, Shanda Group successfully raised 200 million US dollars, which once again made Chen Tianqiao burst with confidence!
On December 4, Chen Tianqiao suddenly announced to the public that Shanda Group spent a huge sum of US$230 million to purchase a 19.5% stake in Sina in the secondary market.
As soon as the news came out, it could be said that it caused a thousand waves! !
This not only caused a wave on Nasdaq, but also shocked the Chinese Internet industry. Major domestic websites and media have published the news of "Shanda's acquisition of 19.5% equity in Sina". After seeing the news, netizens even talked about it. .
"Since the Shanda Group went public, it has become more powerful. It has acquired many companies one after another. This time, even Sina is not spared!"
"Damn it, Shanda Group has almost undertaken all the news in the second half of the year!"
"… "
At this time, a question that has attracted everyone's attention is why Shanda wants to acquire Sina
People in the industry were unwilling to be lonely and expressed their views one after another.
Fang Dongxing, a senior Chinese Internet critic, believes: "Sina Group's merger with Sina is a 'match made in heaven'! The two Internet companies Sina and Shanda complement each other's advantages, and it can be said that they are "a pair made in heaven and a pair created by the ground". The eye-catching global Chinese information platform has a great influence in China, and the profitability of Shanda Group is also ranked first in China. Combining with each other is a game where 1+1 is far greater than 2. For each other's core competitiveness, both will be A huge improvement!"
Another critic, Mei Yongkang, said: "Chen Tianqiao's dream is to build a Disney-style entertainment empire across media, so he needs a portal, because the portal is the first gathering place for Internet influence. Now the two companies are alone The combined market value is more than 3 billion US dollars, if combined, a world-class Internet giant with 5 billion US dollars, or even 10 billion US dollars can be born soon!”
On December 5, Chen Tianqiao said in an interview with reporters: "Actually... I just want to be a box!"
When the reporters heard this, they were all stunned, "Shandan Group's acquisition of Sina is just for a box? Damn it, what's the situation?"
Everyone was puzzled and asked quickly.
Chen Tianqiao smiled lightly, and said without hesitation: "Shanda Group intends to develop a strategic product, and I call this plan the 'Shanda Box Plan'.
Shanda will push the user's entertainment center from PC to TV, we will solve these technical problems by providing 'box', and the content provided on TV is not limited to online games, but also includes news, stocks, movies, Novels and more!
As we all know, now every household generally has a TV. In the future, as long as users buy a grand box, they can watch TV, play games and surf the Internet in the living room. What you can do on a computer, you can do on TV too! You say, isn't this cool? "
The reporters were stunned when they heard this.
On the same day, the news of the grand box project spread all over the Internet, which was even more sensational than dropping an atomic bomb on a calm lake!
Some netizens commented: "Shanda Group is going to fly to the sky, so awesome!"
"The box plan is really admirable, it is definitely a first-class strategy!!!"
"The grand box is invincible, I'm looking forward to it!"
"… "
The industry, the media, and even the financial world were shocked by Chen Tianqiao's box plan.
However, there are still many people who have questioned this plan, believing that it is a complete departure from the trend and is destined to fail!
In fact, not only outsiders questioned, but also many people within Shanda Group questioned and even publicly opposed it. But Chen Tianqiao insisted on going his own way, and threatened that whoever refused to do it would leave.
Chen Tianqiao firmly believes that the Shanda Box plan will be successful. Shanda will use the box as a fulcrum to build an online Disney, and the acquisition of Sina shares is actually only part of the "home entertainment strategy" he has developed since 2003. This strategy takes the Shanda Box as the core, Involving personal computers, TV, mobile phones, movies, music, games, advertising, prepaid and e-commerce nine aspects.
I have to say, if the Shanda Box is successful, the Shanda Group will be really awesome!
Xiaomi network boxes, Huawei network boxes, Youku network boxes, etc. in the previous life are everywhere, very popular, and have gradually replaced the traditional set-top boxes, saving users nearly 1,000 yuan in TV fees every year.
The Xiaomi network box is basically the same as the grand box proposed by Chen Tianqiao!
Li Zetian was startled and murmured: "Shanda Group is following the old path of the previous life again, but... the products are too advanced and easy to die. The market is like a battlefield. One step ahead is a pioneer, and two steps ahead becomes a martyr. The current Internet coverage in China is And the speed of the Internet is not enough. In addition, the Shanda Group itself is not strong enough, and the resources that can be used are limited, so it is difficult to support the development of Shanda Box! If I do it, there may be a possibility of success... "
However, Li Zetian obviously does not want to develop the box yet. It's 2004 now, it's too early. In 2016, the Internet TV box became popular in the previous life.
"Hehe, then watch it rise up, watch it feast on guests, watch it collapse!" Li Zetian walked to the window, looked out, and couldn't help but chuckle.
PS: The state is not good today, so I just wrote two chapters. I will find a chance to break out in the future. Please subscribe.