My Age of Investment

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After receiving Xia Jingxing's order, Zhang Yong immediately accelerated the pace of acquiring Kugou Music.

Like Tudou, Kugou Music also has a shareholder who invested a lot of money in the early days of the company and holds a large number of shares in the company. Its name is Vision Capital.

The person currently in charge of the VC department of Envision Capital in Mainland China is Rao Lei. He contributed a lot to the acquisition of Kugou Music by Overseas Holdings and has been doing ideological work for founder Xie Zhenyu.

Originally, Xie Zhenyu was about to nod and agree to sell the company, but the domestic holding group was suddenly interrupted by rumors from the outside world.

Now that Zhang Yong has received a definite answer from Xia Jingxing, he is no longer timid and quickly finalized the acquisition of Kugou Music in just one week.

Domestic Holding Group spent 400 million yuan to acquire 100% equity of Kugou Music at a premium and brought this music player software under its ownership.

Compared with video websites that are at the forefront of entrepreneurship, the business monetization model of music player software has always been questioned and criticized by the venture capital community.

Forget about charging membership fees. Even the advertising price is not as good as that of video websites that are more conducive to display and placement. At the same time, it has been frequently troubled by copyright lawsuits in the past two years. Therefore, the company's valuation is not high and its development prospects are not special. This is also an important reason why Xie Zhenyu is willing to let go and start the company.

Domestic Holding Group did not issue additional equity in its acquisition of Kugou Music, and all cash was used for the entire acquisition.

With several popular online games in hand, Domestic Holding Group now has almost no shortage of cash flow. It can easily spend hundreds of millions without any financial pressure.

While acquiring Kugou Music, Zhang Yong also arranged to register and establish a new company called Hai Nei Literature, taking the first step in building his own original online literature website.

Domestic holding groups, which have almost been hailed as "public enemies of the entire industry", have their every move watched by interested parties.

Soon, these two major moves of acquiring Kugou Music and establishing Haihai Literature were exposed, causing an uproar in the industry!

Domestic holdings are gone!

This was everyone's first reaction.

They simply don’t pay attention to the cooperation between Penguin Weibo and the four major Internet companies!

At the same time, it also seriously illustrates a problem. The accusations from the outside world that "the expansion of domestic holding groups has no boundaries" has not slowed down the expansion of Asia's richest man in China's Internet industry at all, nor even paused it!

Is this what Mr. Xia, the richest man in Asia, wants to do? The subtext is - you are all rubbish, and together you are still a pile of rubbish. You are not even a stumbling block, and you are not worthy of stopping me.

Just as people were talking about this matter and discussing Mr. Xia's domineering attitude, there were also some critical voices.

"Once confidence is too much, it turns into arrogance!"

"Instead of first solving the huge threat posed by Penguin Weibo, it has expanded into two new industries. I think Overseas Holdings will be in trouble in the future."

"If the main business of social networking is not stable, how can we talk about a pan-entertainment strategy? I think this is losing the watermelon and picking up the sesame seeds. The bamboo basket is empty, and the business at both ends is not good."

…

Corporate strategy masters and commentators have all expressed negative opinions, saying that they are not optimistic about the future development of Overseas Holdings.

Many netizens, including many netizens, felt that Mr. While fighting on the front lines, Xia Jingxing almost declared war on the entire industry...

This declaration of war on the entire industry is no exaggeration.

Take Hainei.com and Weibo as examples. As the backbone of social networking, the two websites are in full-scale war with Penguin, and the fight is in full swing;

Domestic games were crowned this year and became the new overlord of online games, attracting the fear and jealousy of many game manufacturers such as Shanda, NetEase, and Sohu;

In the online video industry where Tudou.com is located, Sohu Video has been sharpening its skills, while Shanda is watching covetously;

There is also the online music industry where Kugou Music is located. Qianxun, the industry overlord who acquired Qianqianjingting a few years ago and built mp3 search on this basis, is now facing another powerful enemy;

It is foreseeable that the establishment of domestic literature will inevitably become a thorn in the side of Shanda Literature and a key target of attack;

…

Looking at the country, except for e-commerce websites such as Ali, Jingxi, and Dangdang, the overlords and startups in other Internet sub-sectors are all bordering on the territory controlled by domestic holdings. Some companies are bordering on several places, such as Sohu and Shanda. and penguins.

Therefore, it is really difficult for everyone to like this new neighbor who has money, resources, and a reputation for being evil.

In this case, the joint dispatch of troops by the four major Internet companies seems to be a kind of political correctness to enforce justice for heaven.

Even entrepreneurs who usually hate Penguin's plagiarism style can only stand on the banner raised by the other party at this time, hold their noses and praise: Penguin Weibo counterattacked well, it is time to teach the big eater a lesson. Domestic holding group.

In this way, Domestic Holding Group officially mentioned many titles such as "Public Enemy of the Whole Industry", "Big Eater", "Company without Expansion Boundaries", etc.

Not to mention how happy the four major Internet companies and Li Yikai are about the death-seeking behavior of Overseas Holdings, which has almost triggered disgust and resistance across the entire industry, and at the same time underlines the justice of their joint actions.

Take Chen Tianqiao, who has suffered from "panic disorder" in the past two years. After learning that Haihai Holdings founded Hainan Literature, his condition worsened a lot.

After Shanda Games gave way to domestic games, he was unwilling to see Shanda Literature be subverted by domestic literature.

Angry and anxious, Chen Tianqiao fell ill.

After Luo Qianqian made simple arrangements for the company executives on his behalf, she accompanied her husband to Singapore for medical treatment.

Although it has encountered several setbacks, Shanda's remaining financial resources are still very strong.

It's a pity that the soul of this company is no longer able to devote himself wholeheartedly to the turbulent development of the Internet due to poor health.

It just so happens that the past few years have been a critical period for the transformation of the mobile Internet. When the former trend-setters have begun to hide behind the scenes, Shanda, a legendary Internet company, is destined to fade away and come to a glorious end.

When Shanda became less and less present, an Internet company in Beijing was ending its battle in this track with high spirits and began to set its sights on other tracks.

…………

…………

On the ground, the search box building.

Robin Li looked at the recently completed headquarters building with a wavy appearance in front of him, and nodded secretly. It was quite artistic and beautiful, and it was the ideal building in his mind.

Among the several Qianxun executives accompanying him, a man in his thirties wearing glasses looked at the building and said with a smile: "Such a beautiful building is not bad compared to the headquarters of a Silicon Valley company. , it should be the only one!

Let me tell you, when we move into the building, we will also post a GF hero post and invite the media to witness it and see who is the real top Internet company in China.

We were too low-key in the past. Some companies that didn’t even have a headquarters building and were still crowded into small shabby buildings in Zhongguancun boasted that they were the largest Internet company in China. "

People around him smiled, and everyone knew who it meant.

But having said that, Domestic Holding Group has been extremely high-profile during this period, entering various major fields, as if it doesn't take the world's heroes into consideration, which makes these proud warriors who just defeated the all-powerful Google very unhappy.

From market value, to technology, to revenue and net profit, Qianxun is the brightest star of China’s Internet.

Some companies have only been established for three or four years, and even the social war has not ended. They just act like "I come first." What a shame!

Robin Li turned back to look at the senior executives, and finally focused on the male executive who spoke, saying: "Hai Long, don't be too proud!"

As he spoke, Robin Li pointed to a towering building in the distance not far from the Qianxun Building and the Conscience Group Headquarters, and said, "Did you see that? Their headquarters is much more impressive than ours. "

Zhang Hailong glanced at the two buildings that had been built to the 30s and 40s floors, and said with a smile: "This is the Fuxing Building, not the Overseas Building."

Robin Li said calmly: "Is there any difference? They are all industries controlled by one person."

Zhang Hailong started his own business right after graduating from university. Later, he obtained the general agency right of Qianxun Bidding Ranking in Magic City. In just a few years, it developed into the largest online marketing agency in Magic City and the most powerful agent in Qianxun’s channel system. business.

Four years ago, his company was targeted by Qianxun for acquisition. He also transformed from an agent to the general manager of Qianxun Magic City Branch. After that, he rose through the ranks and rose to the position of vice president of sales of Qianxun, responsible for the company's bidding. Ranking Business National Sales Management Jobs.

Such a person is shrewd and strong, and his behavior is also very bold.

He understood what the big boss Robin Li meant. He was worried about Xia Jingxing's overall strength, so he was ready to seize the opportunity to show off and replied: "Robin, I think there is a difference."

Robin Li was not angry because Zhang Hailong refuted his words. Instead, he became interested and raised his chin to signal the other party to continue speaking.

Zhang Hailong explained his point of view in a neither humble nor overbearing manner: "Although Xia Jingxing is the richest man in Asia and controls a giant company like Fuxing Industrial, it still cannot change the fact that the foundation of domestic holdings is still very weak.

Especially recently, the aggressive expansion of domestic holdings has caused public outrage in the industry.

Perhaps our richest man thinks that all people and companies are weak and vulnerable, but the reality is that overseas holdings have made enemies on all sides and leaked information everywhere! "

"Then tell me how to leak air?"

Robin Li had a gentle smile on his face, full of the air of a humble gentleman.

But anyone who is familiar with him knows that the person in front of you is a smiling tiger. Don’t think that he is harmless just because he is smiling at you.

Ahri has the Eighteen Arhats, Penguin has the Five Tiger Generals, but have you heard of Qianxun and the Seven Swordsmen?

Where are the Seven Musketeers now?

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