Reborn Entrepreneurial Giant.
Chapter 444 Crisis of Trust
Chapter 444 Confidence Crisis
Historically, in 2011, Goose Factory announced in its financial report that it acquired 16.79% of RiotGames equity for 70.44 billion yuan.Now that there is no Goose Factory, Jumei will definitely not pay. Honor is not suitable, so it is Quli who pays, it can be Fanxing Fund, it can be Tianming Fund.
It is still difficult for Qu Li to come up with the US$2.31 million, but considering that Riot Games’ revenue has increased year by year since 2013, from US$6 million to US$2020 billion in 17.5, the acquisition now, even if Kingsoft’s operations are not strong, He won't lose money, he will just make more or less.
Qu Li was already a major shareholder of Riot Games before. This time he will invest about US$2 million to complete the complete control. It will not be difficult to find opportunities to acquire the remaining few shares in the future.The reason why it is so troublesome is to appease people's hearts. The acquisition of Riot Games is not a one-time deal. The subsequent operations, e-sports competitions, etc. need to be organized by someone. Now this team cannot be disbanded.
Goose Factory has many acquisitions overseas, and Epic and Riot Games are very good choices among them. Now they have been intercepted by Qu Li. I wonder if Xiao Ma will jump after learning about the situation. I think he has no chance.
Qu Li arranged for people to acquire Riot Games. Unexpectedly, his speech at Kingsoft Software was posted online. "First lose a billion and then make a profit!" suddenly became an Internet buzzword.Although he didn't care about what was said about him on the Internet, it still made him very annoyed when something like this happened.
"Can it be found out?" Qu Li asked Wu Shihong, she is the CEO, who would he look for if not her?
"Already know who it is."
"Does Jinshan have any relevant confidentiality regulations? How should it be handled according to the regulations?"
"Downgrade, report criticism..."
"Then let's deal with it like this." Qu Li was very disciplined and called the personnel transferred from Jumei over to scold him: "In the future, we must strengthen management in this area. What can and cannot be said, the company must There is training…”
The potential of Kingsoft is definitely no worse than that of 360, but its performance more than ten years later is really hard to describe. This company was founded in 1988. It is an old company of more than 20 years and needs to inject more vitality.
"Optimize the age structure of members in each department. Young people with active minds should develop games, experienced people over 35 years old should go to the network security department, and the productivity tools department should take care of both..." Qu Li made a suggestion that seemed correct, but in fact it was laying off employees. , after all, everyone is good at different things, and programmers who develop games may not be able to switch careers to develop anti-virus software.
For this reason, Qu Li stayed in Jinshan for a few more days, ignoring the rumors from the outside world. After all, there was no video, no pictures, and no truth. If he really wanted to claim him, he would be out.
Alipay's troubles have just begun. Many domestic media are criticizing Ma Yun. No matter how many reasons he has for this matter, if something is wrong, it is wrong. Almost no one in the country supports him.That's not right. Ahri's troubles can be solved with money after all. Ma Yun doesn't have money, but he does. Chen Danlin went to Hangzhou with a big belly, injected US$[-] billion into Ma Yun's Yunfeng Fund, and then invested in Ahri.
After all, Jumei emerged on the Taobao platform. Gentlemen are harmonious but different. Taobao cannot be defeated. There are not many domestic companies that surpass Ali or have the same ideals and values as Ali.Tianming Fund invested in Ali through Yunfeng Fund to reassure Ma Yun and prove that he had no bad intentions.
Qu Li has now broken out of the habit of investing purely to make money. The Alipay incident has finally been resolved, and Taobao and Tmall have become the largest e-commerce platform in China. An excellent team can overcome many difficulties.If Jumei wants to surpass Taobao, it must ultimately rely on itself instead of expecting Ahri to make mistakes.
Just like Dangdang, the two were still a model couple at this time. They failed to go public last year and were ready to fight again this year. However, after Honor went public, the market situation took a turn for the worse. First, the Alipay incident broke out, and now there is a crisis of trust in Chinese concept stocks. For example, the well-known Interactive Brokers in the United States prohibits the purchase (financing method) of 132 different stocks of 159 Chinese companies, about 90 of which are listed in the United States.
Wall Street media worked together, and a large number of Chinese concept stocks were affected, and their stock prices fell one after another.
Chinese concept stocks are being hunted on Wall Street, which affects people's hearts and requires them to be held accountable. The main reason is that many companies use the financial loopholes between the two countries to commit fraud. With such a big momentum, it is natural that there are short-selling institutions behind it to make money.There must have been wrongful killings, but who cares?
Even Honor and Jumei were affected, with their stock prices and market values falling. Only a few high-quality stocks such as Baidu were able to maintain their stock prices stable.
Ma Yun was implicated and believed that it was his dishonesty that caused a large number of Chinese concept stocks to be implicated. At this time, Ma Yun could not be blamed, at least not the Ma Daba who was praised by all the stars later.
Although it was an unreasonable disaster, things still had to be done. Jumei simply refuted the rumors. I don't know if it was useful. Anyway, the stock price was still falling. At most, the decline was not big enough.Some investors questioned Jumei’s business strategy, and when it came to “accessing the Internet”, it was very unpopular.
But Quli's "Tongda Network" is not only prepared for domestic counterparts, but also goes abroad. Without integrating foreign third-party logistics and express companies, large and small, how can Jumei Shopee achieve global delivery?Really relying on Jumei Logistics will only bring down the entire company.
Qu Li asked Lu Qi to acquire Shopify and establish "Tongda Network". Not to mention it was a stroke of genius, but at least he didn't make any mistakes. He was questioned during the crisis of Chinese concept stocks. I don't know if he had ulterior motives, but it would not shake Qu Li's determination anyway.
"Don't worry, my idea will not waver. Both Shopify and Tongda Network will continue to do it..." Lu Qi promised in front of Qu Li.
Qu Li can not care about what the outside world thinks, but he cannot care about the thoughts within the company: "Tongda Network can improve the lower limit of logistics services. Shopify can help brand sellers have the capital to compete with large platforms. It and Tongda Network are complementary to each other..."
Shopify is a website building tool, and its relationship with Shopee is not that between Jumei and Juhuasuan. Coupled with Jumei Logistics and Tongda Network, although Qu Li was able to clarify the relationship, he was afraid that other senior executives would not understand, so he could only emphasize it repeatedly. .
While Qu Li was explaining, the CFO was doing calculations to help everyone understand the economic significance behind this. With the same funds, Qu Li could spend money more efficiently.Qu Li looked at it for a moment, his expression a little ugly.
"Are you saying this is true, or are they deliberately making up the data?" After the meeting, Qu Li asked Lu Qi to analyze it. He found that the decisions he made based on intuition coincided with the "financial approach", which was awkward.
"It's hard to tell. It doesn't look like it's fake." Lu Qi is a programmer and not a professional accountant, so he doesn't dare to make a guarantee.
"We are running a business and we cannot play like a family business. This is a matter of principle." Qu Li was afraid that Bian Liang was doing it deliberately to please him, so he did not discuss it in public.
"Bian Liang's finances are doing well and there have been no problems. This may be a coincidence."
"I came up with the solution through logical analysis, without considering financial factors..." Qu Li frowned.
"Maybe he just wants to limit the use of funds..." Lu Qi argued
The two of them could not analyze the reason and could only keep it in mind and "see the consequences". However, Jumei's internal thinking was finally unified and they understood the relationship between the various departments of Jumei's e-commerce retail. Shopify and Shopee were on the same level. , Jumei Logistics and Tongda Network are on the same level, Jumei and Juhuasuan are on the same level...
Historically, in 2011, Goose Factory announced in its financial report that it acquired 16.79% of RiotGames equity for 70.44 billion yuan.Now that there is no Goose Factory, Jumei will definitely not pay. Honor is not suitable, so it is Quli who pays, it can be Fanxing Fund, it can be Tianming Fund.
It is still difficult for Qu Li to come up with the US$2.31 million, but considering that Riot Games’ revenue has increased year by year since 2013, from US$6 million to US$2020 billion in 17.5, the acquisition now, even if Kingsoft’s operations are not strong, He won't lose money, he will just make more or less.
Qu Li was already a major shareholder of Riot Games before. This time he will invest about US$2 million to complete the complete control. It will not be difficult to find opportunities to acquire the remaining few shares in the future.The reason why it is so troublesome is to appease people's hearts. The acquisition of Riot Games is not a one-time deal. The subsequent operations, e-sports competitions, etc. need to be organized by someone. Now this team cannot be disbanded.
Goose Factory has many acquisitions overseas, and Epic and Riot Games are very good choices among them. Now they have been intercepted by Qu Li. I wonder if Xiao Ma will jump after learning about the situation. I think he has no chance.
Qu Li arranged for people to acquire Riot Games. Unexpectedly, his speech at Kingsoft Software was posted online. "First lose a billion and then make a profit!" suddenly became an Internet buzzword.Although he didn't care about what was said about him on the Internet, it still made him very annoyed when something like this happened.
"Can it be found out?" Qu Li asked Wu Shihong, she is the CEO, who would he look for if not her?
"Already know who it is."
"Does Jinshan have any relevant confidentiality regulations? How should it be handled according to the regulations?"
"Downgrade, report criticism..."
"Then let's deal with it like this." Qu Li was very disciplined and called the personnel transferred from Jumei over to scold him: "In the future, we must strengthen management in this area. What can and cannot be said, the company must There is training…”
The potential of Kingsoft is definitely no worse than that of 360, but its performance more than ten years later is really hard to describe. This company was founded in 1988. It is an old company of more than 20 years and needs to inject more vitality.
"Optimize the age structure of members in each department. Young people with active minds should develop games, experienced people over 35 years old should go to the network security department, and the productivity tools department should take care of both..." Qu Li made a suggestion that seemed correct, but in fact it was laying off employees. , after all, everyone is good at different things, and programmers who develop games may not be able to switch careers to develop anti-virus software.
For this reason, Qu Li stayed in Jinshan for a few more days, ignoring the rumors from the outside world. After all, there was no video, no pictures, and no truth. If he really wanted to claim him, he would be out.
Alipay's troubles have just begun. Many domestic media are criticizing Ma Yun. No matter how many reasons he has for this matter, if something is wrong, it is wrong. Almost no one in the country supports him.That's not right. Ahri's troubles can be solved with money after all. Ma Yun doesn't have money, but he does. Chen Danlin went to Hangzhou with a big belly, injected US$[-] billion into Ma Yun's Yunfeng Fund, and then invested in Ahri.
After all, Jumei emerged on the Taobao platform. Gentlemen are harmonious but different. Taobao cannot be defeated. There are not many domestic companies that surpass Ali or have the same ideals and values as Ali.Tianming Fund invested in Ali through Yunfeng Fund to reassure Ma Yun and prove that he had no bad intentions.
Qu Li has now broken out of the habit of investing purely to make money. The Alipay incident has finally been resolved, and Taobao and Tmall have become the largest e-commerce platform in China. An excellent team can overcome many difficulties.If Jumei wants to surpass Taobao, it must ultimately rely on itself instead of expecting Ahri to make mistakes.
Just like Dangdang, the two were still a model couple at this time. They failed to go public last year and were ready to fight again this year. However, after Honor went public, the market situation took a turn for the worse. First, the Alipay incident broke out, and now there is a crisis of trust in Chinese concept stocks. For example, the well-known Interactive Brokers in the United States prohibits the purchase (financing method) of 132 different stocks of 159 Chinese companies, about 90 of which are listed in the United States.
Wall Street media worked together, and a large number of Chinese concept stocks were affected, and their stock prices fell one after another.
Chinese concept stocks are being hunted on Wall Street, which affects people's hearts and requires them to be held accountable. The main reason is that many companies use the financial loopholes between the two countries to commit fraud. With such a big momentum, it is natural that there are short-selling institutions behind it to make money.There must have been wrongful killings, but who cares?
Even Honor and Jumei were affected, with their stock prices and market values falling. Only a few high-quality stocks such as Baidu were able to maintain their stock prices stable.
Ma Yun was implicated and believed that it was his dishonesty that caused a large number of Chinese concept stocks to be implicated. At this time, Ma Yun could not be blamed, at least not the Ma Daba who was praised by all the stars later.
Although it was an unreasonable disaster, things still had to be done. Jumei simply refuted the rumors. I don't know if it was useful. Anyway, the stock price was still falling. At most, the decline was not big enough.Some investors questioned Jumei’s business strategy, and when it came to “accessing the Internet”, it was very unpopular.
But Quli's "Tongda Network" is not only prepared for domestic counterparts, but also goes abroad. Without integrating foreign third-party logistics and express companies, large and small, how can Jumei Shopee achieve global delivery?Really relying on Jumei Logistics will only bring down the entire company.
Qu Li asked Lu Qi to acquire Shopify and establish "Tongda Network". Not to mention it was a stroke of genius, but at least he didn't make any mistakes. He was questioned during the crisis of Chinese concept stocks. I don't know if he had ulterior motives, but it would not shake Qu Li's determination anyway.
"Don't worry, my idea will not waver. Both Shopify and Tongda Network will continue to do it..." Lu Qi promised in front of Qu Li.
Qu Li can not care about what the outside world thinks, but he cannot care about the thoughts within the company: "Tongda Network can improve the lower limit of logistics services. Shopify can help brand sellers have the capital to compete with large platforms. It and Tongda Network are complementary to each other..."
Shopify is a website building tool, and its relationship with Shopee is not that between Jumei and Juhuasuan. Coupled with Jumei Logistics and Tongda Network, although Qu Li was able to clarify the relationship, he was afraid that other senior executives would not understand, so he could only emphasize it repeatedly. .
While Qu Li was explaining, the CFO was doing calculations to help everyone understand the economic significance behind this. With the same funds, Qu Li could spend money more efficiently.Qu Li looked at it for a moment, his expression a little ugly.
"Are you saying this is true, or are they deliberately making up the data?" After the meeting, Qu Li asked Lu Qi to analyze it. He found that the decisions he made based on intuition coincided with the "financial approach", which was awkward.
"It's hard to tell. It doesn't look like it's fake." Lu Qi is a programmer and not a professional accountant, so he doesn't dare to make a guarantee.
"We are running a business and we cannot play like a family business. This is a matter of principle." Qu Li was afraid that Bian Liang was doing it deliberately to please him, so he did not discuss it in public.
"Bian Liang's finances are doing well and there have been no problems. This may be a coincidence."
"I came up with the solution through logical analysis, without considering financial factors..." Qu Li frowned.
"Maybe he just wants to limit the use of funds..." Lu Qi argued
The two of them could not analyze the reason and could only keep it in mind and "see the consequences". However, Jumei's internal thinking was finally unified and they understood the relationship between the various departments of Jumei's e-commerce retail. Shopify and Shopee were on the same level. , Jumei Logistics and Tongda Network are on the same level, Jumei and Juhuasuan are on the same level...
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