Reborn Entrepreneurial Giant

Chapter 444 Crisis of Confidence

Historically, in 2011, Goose Factory’s financial report announced the acquisition of 70.44% of Riot Games’ equity for 1.679 billion yuan. Now that there is no goose factory, Jumei will definitely not pay for it. Glory is not suitable, so it is Qu Li who pays. It can be Fanxing Fund or Tianming Fund.

It is still difficult for Qu Li to spend the 231 million US dollars, but considering that the revenue of Riot Games has increased year by year since 2013, from 600 million US dollars to 1.75 billion US dollars in 2020, and now the acquisition, even if Jinshan’s operation is not strong, He will not lose money, just earn more and earn less.

Qu Li was already a major shareholder of Riot Games before. This time, he can complete a complete holding with an investment of about 200 million U.S. dollars. It is not difficult to find opportunities to acquire the remaining minority shares in the future. The reason why it is so troublesome, but in order to calm people's hearts, the acquisition of Riot Games is not a one-off deal. Follow-up operations, e-sports competitions, etc. need to be organized by someone. Now this team cannot be dispersed.

Goose Factory has a lot of overseas acquisitions. Epic and Riot are excellent choices among them. Now they are all cut off by Qu Li. I don’t know if Xiao Ma will jump after knowing the situation. I think he has no chance.

Qu Li arranged for someone to acquire Riot Games. Unexpectedly, his speech at Kingsoft was posted on the Internet, "First lose a billion before making a profit!" suddenly became a buzzword on the Internet. Although he doesn't care about the evaluation of him on the Internet, this kind of thing still annoys him.

"Can you find out?" Qu Li asked Wu Shihong, she is the CEO, who else to look for?

"I already know who it is."

"Does Jinshan have relevant confidentiality regulations, and how should it be handled according to the regulations?"

"Downgrading, notification of criticism..."

"Then let's deal with it like this." Qu Li was very disciplined, and called the personnel transferred from Jumei to scold him: "In the future, we need to strengthen management in this area, what can be said and what can't be said, the company wants There is training..."

The potential of Kingsoft is definitely not inferior to that of 360, but the performance after more than ten years is hard to describe in words. This company was established in 1988, an old company of more than 20 years, and needs to inject more vitality.

"Optimize the age structure of the members of each department. Young people with active thinking go to the development of games, those over 35 years old with rich experience go to the network security department, and the productivity tool department should take into account..." Qu Li put forward a seemingly correct suggestion, but in fact it was laying off employees , After all, everyone is good at different things. 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.

Ahri’s Alipay troubles have just begun. Many domestic media criticized Ma Yun. No matter how many reasons he has for this matter, if he does something wrong, he is wrong. Almost no one in China supports him. That’s not right, Ari’s troubles can be solved with money after all, Ma Yun has no money, he has it, Chen Danlin went to Hangzhou with a big belly, injected three to five billion U.S. dollars into Ma Yun’s Yunfeng Fund, and then invested in Ari.

After all, Jumei emerged on the Taobao platform. Gentlemen are harmonious but different. Taobao cannot be defeated. There are not many companies in China that surpass Ari or have ideals and values ​​like Ari. Tianming Fund invests in Ali through Yunfeng Fund to reassure Ma Yun and prove that he has no bad intentions.

Qu Li has now jumped out of the rut of investing purely for making 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. Jumei wants to surpass Taobao, after all, it has to rely on itself instead of expecting Ari to make mistakes.

Just like Dangdang, the two are still a model of husband and wife at this time. They failed to go public last year and are preparing to fight again this year. However, after Glory went public, the market took a sharp turn for the worse. First, the Ari Yahu 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 159 different stocks of 132 Chinese companies, of which about 90 are listed in the United States.

The Wall Street media made concerted efforts, and a large number of Chinese concept stocks were affected, and their stock prices fell one after another.

Chinese concept stocks are hunted on Wall Street, which affects people's hearts and is held accountable. The main reason is that many companies take advantage of the financial loopholes between the two countries to falsify. Naturally, there are short-selling institutions behind the scenes to make money. There must have been mistakes, but who cares?

Even Glory and Jumei were affected, and their stock prices and market value both fell. Only a few high-quality stocks such as Baidu can maintain the stability of their stock prices.

Ma Yun was implicated, thinking that it was his dishonesty that caused a large number of Chinese concept stocks to be implicated. At this time, Ma Yun didn't say a lot of criticism, at least it wasn't the later star-studded Ma Baba.

Suffering from unwarranted disasters, things still have to be done. Jumei simply refuted the rumors. I don’t know if it will be useful. Anyway, the stock price is still falling, and at most the decline is not big enough. Some investors questioned Jumei's business strategy. When it comes to "accessible network", it is very unpopular.

But Quli's "Tongda Network" is not only prepared for domestic counterparts, but also goes abroad, without integrating large and small foreign third-party logistics express companies. How can Jumei Shopee deliver goods to the world? If you really rely on Jumei Logistics, it will only bring down the entire company.

Qu Li asked Lu Qi to acquire Shopify and set up "Tongda Network". Not to mention a stroke of genius, at least he didn't make any mistakes. He was questioned during the crisis of China 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 thoughts will not waver, Shopify and Tongda Network will continue..." Lu Qi promised in front of Qu Li

Qu Li may not care about the outside world's thoughts, but he has to care about the company's internal thoughts: "Tongda Network can improve the lower limit of logistics services, Shopify can help brand sellers and big platforms have game capital, and Tongda Network is a complementary relationship..."

Shopify is a website building tool. The relationship with Shopee is not the relationship between Jumei and Juhuasuan. In addition, Jumei Logistics and Tongda Network, although Qu Li can understand the relationship, I am afraid that other high-level executives will not understand, so I can only repeatedly emphasize .

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 spends money more efficiently. Qu Li was stunned for a while, his face was a little ugly.

"Do you think this is real, or is it the data they made on purpose?" After the meeting, Qu Li asked Lu Qi for analysis. The decision he made based on his intuition and brainstorming coincides with the "financial method", which makes people feel awkward.

"It's hard to say, it doesn't look like it's fake." Lu Qi was a programmer and not a professional accountant, so he didn't dare to guarantee it.

"We are in business, and we can't play like a family business. This is a matter of principle." Qu Li was afraid that Bian Liang did it deliberately to please him, so he didn't discuss it in public.

"Bian Liang's finances are doing well, and there have been no problems. This time it may be accidental."

"I came up with the solution through logical analysis, without considering financial factors..." Qu Li frowned.

"Maybe he just wanted to limit the use of funds..." Lu Qi argued

The two couldn't analyze why, so they could only keep it in their hearts and "see the aftermath". However, the internal thinking of Jumei was unified after all, and they understood the relationship between the various departments of Jumei e-commerce retail, and 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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