Chapter 675 Leading the New Global Trend
During this time, the investment war between Baibao Group and New Dream Group officially started, and the Internet theme in the market has also been sought after by funds on a large scale.
In a short period of time, a large number of Internet entrepreneurship projects have appeared, and a large number of funds and talents are moving closer to the Internet field, making the Internet entrepreneurship environment continue to improve.
This improvement of the overall environment was several years earlier than the world before Li Feng crossed over. It is precisely because Baibao Group and New Dream Group have begun to build a full-field Internet ecosystem that Huaxia's Internet economy has been upgraded to a new level.
The current market view has taken the construction of the Internet industry chain as a hot spot for investment, rather than purely looking at the earning capacity of a project, and through the construction of the industrial chain, it can better integrate resources and reduce operating costs.
At this point, the growth stage of China's Internet economy has even surpassed the American market.
In the current American market, the single earning capacity of the project is still a hot spot in the market, such as large Internet companies such as Global Mall, which still take e-commerce as their main profit point, and lack the ability to coordinate the whole, which also leads to their market behavior is too naïve, one moment is particularly radical, and the other is particularly decadent, and there is no stable expectation.
The essence of this is that the global mall lacks industrial synergy capabilities, and there are still many deficiencies in resource scheduling, market promotion, and structural adjustment.
However, the New Dream Group is completely different, although the overall valuation of the group is only about one billion US dollars, only one-tenth of the global mall, but in terms of overall synergy, it is much smarter than the global mall, so the new dream group can fight a bloody way out of the harsh environment surrounded by the two hegemons in the field of e-commerce.
The key to this is not that Taotao is really much better than Baibao.com and Global Mall, but that New Dream Group's collaborative combat ability is unprecedentedly strong.
Facts have proved that in the future competition for the Internet field, the era of simply relying on spending money to buy the market is gone, and the failure of the global mall is a typical case.
In the future, competition in the Internet market will be a competition in the ability to coordinate operations, and whoever can mobilize more effective resources through the Internet will be able to win in the competition.
At this moment, China's Internet has actually surpassed the Internet industry in the United States in terms of economic form, and has begun to lead a new Internet economic trend.
It can be said that through the competition between Long Yu and Li Feng, the entire Internet environment has been heated up, making the domestic Internet market transition from the embryonic stage to the mature stage.
With the attack of the investment department of New Dream Group, Galaxy Media, a cutting-edge Internet media company invested by Dahua Fund, officially accepted the investment request of New Dream Group and sold 10% of the shares for 5 million yuan, which is equivalent to that of Dahua Fund Company.
Just a few days later, the total valuation of Galaxy Media reached 65 million, and after receiving the positive stimulation of the two halos of Dahua Fund and New Dream Group, Galaxy Media's business volume also expanded immediately, and a large number of orders began to fall on them like snowflakes.
This operation also made Dahua Fund Company see the power of New Dream Group.
The money offensive is inherently unstable, and the interest alliance bound by investment by Dahua Fund Company can be completely replaced by other capital, and the New Dream Group itself is very advantageous, and the industry is generally optimistic about the huge Internet ecosystem established by the New Dream Group. In such a situation, once New Dream Group invests in a company, it will definitely get a positive response from this company.
For a few days, Li Tianlong immediately invested in several companies named by Li Feng in this way, and in terms of the proportion of shares, they were all comparable to Dahua Fund Company, or even slightly exceeded, so that Dahua Fund Company lost its advantage in this round of competition.
This also makes the market generally believe that Li Feng has officially made a move, and in this meeting of the Huaxia Internet Association, he will compete for the position of chairman of the association in Longyu.
This made Xu Jinlin of the United Overseas Fund furious, this time the Internet Association was re-elected, he wanted to push Long Yu to become the new chairman of the association, but with Li Feng's move, this matter seems to be a bit hanging. The investment strategy of New Dream Group is to continue to follow up, and they will find the right time to follow up with whoever the UOB Fund invests, which is very annoying, but there is no way to stop it.
In desperation, he asked Fred to invest more money to ensure that the size and scope of the investment were more than double that of New Dream Group.
In desperation, Fred had no choice but to continue to ask for help from Leoper in the United States, and after receiving the help, Leopold was very happy and gave him an additional $60 million in working capital to help him continue to expand the scope of investment in the Chinese market and ensure that he could find the best quality projects in the field of the Chinese Internet in the shortest possible time.
At this moment, Leo Porter is in the critical stage of seeking to go public in the Global Mall, and he does not want to be distracted by the Chinese market, so curbing the New Dream Group is the biggest strategy of the Global Mall for the Chinese market, as long as the overseas business of the New Dream Group cannot rise, it cannot threaten the status of the Global Mall.
This is very critical for the global mall to strive for the largest valuation before going public, once there are strong competitors in the market, the market will also have more negative comments on the prospects of the global mall, which will become a real valuation loss for the global mall, and perhaps the disappearance of hundreds of millions of dollars is a blink of an eye.
According to the overall work plan, Global Mall will officially land on the U.S. stock exchange in early January 2004 and become a super Internet listed company with a scale of more than 10 billion US dollars.
This will be a moment that will go down in history for the entire Internet world. Before this, no Internet company had a market value of more than 10 billion US dollars, and it was impossible to even connect closely, but Global Mall has really done it, and it will exceed 10 billion, reaching a scale of 12 billion to 15 billion, becoming the world's first super Internet company.
At that time, President Leo Porter will also be among the world's richest people with a net worth of seven or eight billion US dollars, becoming the top richest person in the entire Internet field.
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