Reborn Entrepreneurial Giant

Chapter 466 The Impact of the Acquisition

The reason why Qu Li is confident that he can invest in US stocks ten times over ten years is because the current financing cost is extremely low. Ordinary borrowing for several million years may interest 0.75%. With a large amount of funds, Tianming Fund can get 0.5% .

With such a low financing interest, one can imagine the popularity of US stocks. The operation mode of Quli Tianming Fund is different from that of the Vision Fund. Don't worry about them messing around.

Not only have to borrow money from the United States, but also borrow money from Japan to invest in US stocks. When the yen appreciates to 1 dollar, it can only be exchanged for less than 80 yen. After three or four years, it will depreciate to 120 yen, a depreciation of nearly 50%. If the Japanese yen is exchanged for the U.S. dollar, if you don’t do anything for a year, you can earn more than 10% of your investment income.

Tianming Fund is still a small business. The arbitrage between Jumei, the international retail giant, and Honor, the consumer electronics king, is really exciting. The typical operation is: Sister currency time deposit certificate pledge plus foreign currency loan plus forward purchase of foreign exchange, you must know that the soft sister currency will appreciate to 1 US dollar to 6 soft sister currency soon.

Because of the arbitrage of Jumei Glory’s financial team, Qu Li thought of asking Tianming Fund to do some low-risk arbitrage transactions. It is impossible for a real multinational company or capital to not pay attention to the exchange rate. Fortunately, Qu Li has an impression of the exchange rate trend of the US dollar and RMB. billion points.

Making money is really not difficult for a reborn person with accumulation. If Qu Li spends more time and energy, it is possible for Tianming Fund to exceed 100 billion US dollars in ten years' time.

Even after being reborn and still pursuing wealth as the ultimate goal, this person must have failed. So Qu Li quickly drove away the Tianming Fund team, went to Glory to check in, and sometimes harassed Tan Lijun. He didn't want Shopee to develop much in the United States, but he hoped to become a nail that Amazon couldn't pull out.

So, Qu Li asked Tan Lijun to unswervingly promote the mobile strategy and develop APPs and mobile websites that adapt to IOS and Android. This is what he asked Da Dongzi and Xu Lei to do. Now it is mobile first, and next year it will be All in mobile.

After a period of hustle and bustle in the United States, the matter of Google Honor's acquisition of Motorola Mobility has finally quieted down. Maybe someone will use an outside trick, but he can only see the trick.

Back in China, I learned about some things that happened during this period. This acquisition is the most influential thing in the Internet technology industry. There are many discussions in the country. There are many speculations about the purpose of Honor. Patent, market or low-end market?

Lei Jun returned to China and accepted many interviews: "The two companies have complementary advantages, Motorola's technical strength, development capabilities, and channel advantages..."

Honor's self-operated store and authorized store system have not yet been established, and the lack of channels now affects the market and profit margins. That being said, it seems to make sense. But in fact, many acquisitions are made by entrepreneurs with their brains and intuition.

The $4.5 billion cash acquisition is not a big pressure on Glory. Just now, there is a lot of cash in the financing account, and according to this year's semi-annual report, the sales of Honor in the first half of the year are about 30 billion U.S. dollars, and the net profit of 15% is 4.5 billion U.S. dollars. . But this is close to 30 billion soft sister coins. Such a rich and powerful acquisition by a private enterprise is too enviable.

Glory grew up relying on the international market. In an export-oriented society, some domestic people with deep connections have no choice but to trouble him even if they want to trouble him. Even if it is a domestic operator, Glory only maintains good relations at most, and never kneels and licks .

However, there is a price to be paid for being unique. China Kulian, and other established mobile phone companies, almost no one likes Honor. They often belittle Honor in various soft articles, bragging that the IPhone can "beat" Honor mobile phones, and expressly expressing that a certain brand is better than Honor. powerful.

Now seeing the opportunity, various doubts, foreign media clearly said that these patents are worth 9.5 billion U.S. dollars, and the rest are worth 3 billion U.S. dollars. Honor’s acquisition with 4.5 billion U.S. dollars may involve profit transfer.

Some people actually believed such groundless rumors. Fortunately, Glory and Weibo have cooperated to suppress the spread of "rumors" to a certain extent. However, some traditional media actually published similar news: "If US$4.5 billion buys a company worth US$3 billion, can private enterprises do whatever they want?"

I really don't know where these people have the courage, the ignorant are fearless, so Qu Li sued directly after returning to China. There are even more disgusting ones, which are basically inseparable from the routine of spreading rumors and slander.

Lei Junquli was interviewed by the media one after another. Speaking of this acquisition, patents are very important, especially 4G, wireless data high-speed transmission, semiconductor baseband chips, and CDMA-related patents.

"Buying licenses before was only for protection, but now buying patents can not only play a defensive role, but also have a certain offensive ability..." Qu Li said this sentence again

For example, Oaks acquired the compressor patent from Hitachi, and then used it to sue Gree.

"In addition, Motorola has a very good engineering culture. From a very successful company to failure in just a few years, it is worth learning..." In-depth understanding of the reasons for Motorola's failure, so as to avoid making the same mistakes.

This time, Glory is different from the PC business that a certain company wants to acquire IBM, and it is also different from Geely's acquisition of Volvo. It relies entirely on its own hard power!

There are also rational analysis, discussing the risks and the possibility of glory failure. But Mr. Qu Li and Lei didn't move, which made people suspect that his ability was not good enough, but they didn't know that they had prepared many sets of emergency treatment plans.

The president of Motorola China went to the "Motorola Building" to "report on work" to Mr. Qu Lilei, which made people deeply moved.

It is impossible for Google Honor to complete this acquisition this year. The approval time varies from country to country, so it has to wait until the end of the first quarter of next year. This is experience.

After the acquisition of Motorola, Honor dominated the trending searches for a full week. What Qu Li had already had "sinister intentions", leased Motorola Tower and began to want to acquire this established company. Honor teamed up with Microsoft to backstab Google, and immediately cooperated with Google to make a tens of billions of dollars acquisition. They are very skillful in playing tricks...

Well, whether it's rumors or encouragement, it's hard to say how much dry goods, that's all, there are still variables in the acquisition, Qu Li and the others have more important things to do.

Lei Jun has been there before, and Qu Li will go again, expressing his importance to this incident.

"Are you confident in this acquisition?" A leader asked

"Um, I haven't considered this issue, but I have already made a plan. If the acquisition is successful, the domestic and foreign markets should be equally emphasized. If the acquisition fails, the domestic market will be the main..." Qu Li replied seriously

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