My Fintech Empire

Chapter 1496 [Game Upgrade]

In the wave of digitalization, Toutiao, as a newly emerging Internet technology company, has not only achieved its own rapid development with its unique profit model and innovative strategy, but also provided unlimited opportunities for many entrepreneurs to join.

This is also an important reason for the company's market value of more than 700 billion, annual revenue of 100 billion, and net profit of 10 billion.

Toutiao currently has four major sources of profit, and its main source of profit is advertising business, which is the core profit pillar. Through a large user base and accurate data analysis, it provides advertisers with efficient and accurate advertising services.

Now, whether it is Toutiao, Douyin short video and other products, they have become an important position for advertisers to compete for users' eyeballs. For entrepreneurs, joining Toutiao's advertising business means being able to access a large number of user resources and realize diversified profit models such as advertising agency and creative production.

The second profit sector is content payment. In addition to the advertising business, Toutiao is now constantly expanding the content payment field. By providing high-quality paid content, such as columns and memberships, it has attracted a large number of users who are willing to pay for high-quality content. For entrepreneurs, joining Toutiao's content payment business allows them to participate in the process of content creation and distribution, attract users to pay by providing valuable content, and realize content monetization.

The third profit point is technical services. As a technology-driven company, Toutiao has a wealth of technical services, such as big data analysis, which not only provide support for the company's core business, but also provide strong technical support for entrepreneurs to enhance the competitiveness of their own products.

The fourth profit point is the company's emerging profit-making point, which is live e-commerce, also known as live streaming with goods.

Through Douyin live broadcast, Douyin store and other functions, users are provided with a new shopping experience. For entrepreneurs, joining Toutiao's e-commerce live streaming with goods can not only use the platform's huge user base to promote and sell products, but also interact with users through live broadcast and other forms to enhance brand awareness and user stickiness.

Since 2018 last year, Douyin has officially launched the live streaming with goods model, and this year, the live streaming e-commerce track has ushered in the first wave of explosive growth. Everyone has seen the monetization potential of this track, which has almost become the standard for all e-commerce and social platforms.

Douyin's live e-commerce business is booming and the momentum is getting better and better. Correspondingly, the performance of traditional e-commerce platforms has been impacted to varying degrees, because Douyin, as a social media platform, has successfully gained a share of the e-commerce field through live streaming, which makes Tencent envious.

This series of profit points is enough to support Toutiao's valuation of more than one trillion yuan in the future. If it can successfully merge with Tik Tok this time, it will be even more amazing. After the reorganization, the overall valuation will be no problem at all to give 300 billion US dollars, which is a valuation of more than 2 trillion yuan.

The SGX market closed today. Although there were big guys like Toutiao that hit a new high, the SGX 50 Index only rose slightly by +0.16% today, and the index closed at 5804.56 points.

Since the beginning of September, when Xingyu Technology released a new energy vehicle, the Xinzheng 50 Index has been adjusted for two and a half months. During the adjustment period, it fluctuated between 5800 and 5900 points. The K-line graph has also recently formed a convergent triangle and has reached the end of convergence, and a change is imminent.

It is worth mentioning that the outside world is now very concerned about what Mr. Zhang thinks about Qunxing Group's participation in the acquisition of Tik-Tok, but the founder did not comment on the matter, which also caused speculation from the outside world for a while.

The next day, at about 16:00 on Wednesday, December 4.

Just when people from all walks of life in the outside world were speculating which super giant would eventually swallow up Tik-Tok, after so many days of commotion, the country took action!

"The Ministry of Commerce and the Ministry of Science and Technology jointly issued the revision of the "Catalogue of Prohibited and Restricted Export Technologies" today, and included the personalized information push service technology based on data analysis that is considered to be related to Tik-Tok's business technology in the catalogue." At this moment, Tian Jiayi informed Fang Hong of the latest news.

Fang Hong was not too surprised to learn the news. The importance and significance of Tik-Tok must be clearly seen by the higher-ups. They must have known about the big commotion, and they must have seen that Tik-Tok was a bit overwhelmed, so they acted so quickly.

After finally launching a super platform with huge global influence in the public opinion field, how could the country easily let Tik-Tok be killed by the Western countries?

After a while, Tian Jiayi watched the show and Fang Hong said: "As soon as the news came out, many people outside speculated that the Qunxing Group had secretly put a lot of effort into promoting this matter, intending to seek to take Tik-Tok into its pocket."

The revision of this regulation has basically confirmed that it is impossible for foreign corporate giants such as Microsoft, Facebook, Oracle, and Walmart to swallow up Tik-Tok.

And the Qunxing Group is a local enterprise of the Eastern power, 100% pure blood, so it is not subject to this regulation.

It was previously reported that Qunxing Group was interested in acquiring Tik-Tok. Now that there is such news, it is no wonder that the outside world would speculate so much. With the current power of Qunxing Group, it is not impossible to do this.

But in fact, Fang Hong did not let Qunxing promote this matter.

At this moment, Fang Hong smiled and said calmly: "Let them guess, just ignore it."

When this news came out, among the many people who speculated was Mr. Zhang. He actually suspected that Fang Hong was very likely to promote this matter in secret. He was definitely unhappy, but he had no choice.

The country has taken action, and even if the Tik-Tok team wants to sell the company to a foreign giant company, it is impossible.

Then on the second day, Tik-Tok made a statement to the outside world, clearly stating that the company will strictly abide by the "Regulations on the Administration of Technology Import and Export" and the "Catalogue of Prohibited and Restricted Export Technologies" to handle related business on technology exports.

Today's A-share market opened, and the New Certificate 50 Index rebounded again, walking at the end of the change. Judging from today's trend, there are obvious signs of a change upward.

As of the close, the SGX 50 Index rose +0.92% after the market to 5869.41 points, and the SGX market turnover for the whole day was 906.3 billion.

In terms of individual stocks, Toutiao fell back -3.13% yesterday after the daily limit the day before yesterday. Today, the stock rebounded again to a new high.

At around 12:46 noon, the company's stock price rose to 63.37 yuan, up +10.00% to close the daily limit, and Toutiao's market value soared to a historical high of 792.125 billion yuan.

The surge in stock prices hit a new high, which was obviously caused by the news of the technology export control regulations jointly issued by the two departments yesterday.

There were still many suspense before. Although Tik-Tok and Toutiao are the most complementary and perfect mergers, many people still believe that Qunxing's acquisition of Tik-Tok is very resistant, mainly from Beimei.

But now that the country has taken action, the possibility that Tik-Tok will be acquired by North American technology giants such as Microsoft and Facebook can be ruled out.

On the other hand, the possibility of being acquired by Qunxing Group and merged with Toutiao has greatly increased.

(Ps: The computer I have used for many years suddenly crashed, and a lot of data was lost. I replaced it with a computer and assembled it myself, which was a pain. In addition, the timeline in the book is getting closer and closer to the present, which makes it difficult to write. It is easy to be a little messy, but it will be updated stably in a few days.)

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