Postscript 3: Fame and fortune cannot be both
Ruixiang has not expressed its position on the United States' intention to ban ICAY, and the US government led by Trump has officially stated that the US Foreign Investment Management Commission will investigate Ruixiang Group's acquisition of ICAY.
Although both companies are Chinese companies, as long as they are related to Americans, whether they are users or customers, the CFIUS Committee has the power to conduct investigations.
is so arrogant, and this is also the harm caused by the world hegemon for a long time.
Trump personally stated that he would only give ICAY 45 days to complete the ban before September 15.
Before Zhang Yida could express his position, a new media in China spoke: "Can you sell ICAY and recover a certain loss, at least you can't lose all your money like India."
As soon as this idea was put forward, it received a lot of criticism.
Many people think that they can't exit the U.S. market like this, and that nothing is left behind except money.
First, the sphere's unique algorithm is exposed;
Secondly, it has set a bad example, if other countries follow the United States, ICAY will be completely finished, and even the way for Chinese Internet companies to go overseas will be cut off.
Finally, there is righteousness, and the people of the country have always hated non-resistance.
collected various netizen comments on social media, and Zhang Yida frowned.
In his position, it is difficult to make any decision.
He didn't know if Zhang Ming had encountered this situation and what kind of choice he made.
The Indian market has already been lost once, and the blank market left is being eaten away by India's local short video platforms.
HEO is undoubtedly the biggest beneficiary, with daily active users breaking through from one million to tens of millions.
The UI interface is very similar to ICAY, and the algorithm is far superior to other Indian players.
Although some people have questioned the inclusion of Chinese investors in its shareholders, the Indian government has pretended not to know about it, given that Wall Street venture capital in the United States and local venture capital in India have invested in it.
If all the companies that cover the Chinese-funded component have to do it again, and none of the unicorn companies such as Payt and BBPAY can escape, the Indian Internet industry may be paralyzed.
Therefore, the so-called ban on Chinese apps has also maintained a certain degree of restraint, and only dealt with Chinese Internet companies that have directly come to open branches.
HEO has now completed another round of Series C financing, and the upward momentum is good, and it is expected to take over the blank market left by ICAY and other Chinese short video platforms, sweep away other competitors, and dominate India.
Zhang Yida's Yanhuang Investment has more shares in HEO than Kumar, the founder with low gold content.
Therefore, from the perspective of personal interests, the loss caused by ICAY's ban in India is extremely limited and acceptable.
The U.S. market is different, the world is paying attention, and showing weakness and bullying is likely to be the beginning of a sharp overseas rout.
And domestic populism is also on the rise, and if it is not handled well in the ICAY United States, it is likely to have a huge negative impact on the entire Ruixiang Group.
You must know that the core advertising business behind short videos is one of the four 100 billion pillars of Ruixiang.
When one collapses, Ahri and penguins can wake up laughing from their dreams.
Although Zhang Yida has a lotus tongue in front of the American shareholders and is very reasonable, he actually stabilizes the shareholders and does not let the internal chaos first, so as to free up his hands to face thorny problems.
At present, he is procrastinating, hoping to delay the matter until after the US election to see if he can usher in any turnaround.
But the bad thing is that the king has already seen through his plan, and he has made a deal with ICAY, saying that he wants to solve ICAY by September 15, and the US election will end in early November.
This path is obviously no longer working, and the American shareholders led by Goldman Sachs are proposing to divest and sell ICAY's US business.
Even the buyer has been found, Microsoft, a Silicon Valley giant with no social genes.
In this way, it will not have much impact on ICAY's overseas business outside of the United States.
Google and Facebook are different, selling them to them is a capital enemy, digging a hole for themselves.
Zhang Yida has resisted shareholder pressure and has not agreed to the sale.
Ruixiang's stock price was weak, and it also attracted a group of short-selling institutions to fish in troubled waters once.
"What does Urban's side say?"
As soon as the video call was connected, Zhang Yida couldn't wait to ask Mayer.
Mayer, as the CEO of ICAY, an app that has been on the cusp for some time, can be described as heartbroken.
He led a group of American executives to actively speak out for ICAY in the European and American media, protesting against the government's unfair behavior.
However, apart from users and users who care about ICAY's fate, no one else cares whether a Chinese app is banned or not.
American politicians and other high-class figures are even more indifferent to this matter, and they have little interest in it anyway.
"Sorry, boss, things messed up. ”
Mayer was a little haggard, and the strong men of more than one meter and nine meters were a little unbearable for the frequent visits and rushes in recent times.
Zhang Yida pursed his lips, not showing any particular loss, but his face was also heavy.
"Even Urban, the celebrity around Trump, is unwilling to take this job"
Mayer nodded and sighed, "yes, I guess Zuckerberg promised some benefits, or maybe Trump is worried that ICAY will use the algorithm to tangle the crowd against him."
Anyway, Urbane said that he couldn't take on this lobbying task, and no matter how much money he gave, he couldn't do it. ”
Zhang Yida saw a trace of loneliness in Mayer's eyes, so he had to comfort him.
Mayer is generally quite competent, and is worthy of the salary and options offered to him.
At this difficult juncture, Zhang Yida doesn't want the other party to change jobs now.
"By the way, boss, there's something I need to report to you. ”
As he was about to end the call, Mayer suddenly took a sip.
"What's the matter?"
"The Internet celebrities on ICAY think that our platform is going to collapse, and they are doing farewell rituals for fans, and they are still directing fans to "Must Die" and "Oily Turtle"
It turned out to be this
Zhang Yida never expected these people to be loyal, probably through ICAY, they became popular and gained huge popularity and benefits.
But Europeans and Americans have always been delicate and self-interested, and they will not, and are not willing to sink with ICAY, a big ship swaying in the wind and rain.
"Son, I heard that your company is going to be sold to the Americans."
Zhang Yida frowned and said, "Whoever you listen to is nonsense on the Internet." ”
"Those articles on the Internet say that you will definitely sell the American company from the perspective of maximizing profits. ”
Zhang Qinghua persuaded, "I think, if your career focus is still on China, it's better not to do this, it's too embarrassing."
If we turn from passive to active, we should puff up our chests and stand up with the US government to the end.
You see how well Hua Wei has done, when it comes to President Ren, the people of the country who do not give a thumbs up.
You have enough money, there is no need to go to the slightest profit, lose the righteousness, and lose the face of the richest man in the ball. ”
Zhang Yida pressed his eyebrows and replied, "I know everything you said very well, and I also know what kind of choice to make when things can't be done."
Ruixiang is a public listed company, with Chinese and American shareholders and a large number of shareholders.
I personally got my name, and people lost their interests, do you think it will make me get my wish?"
Zhang Qinghua sighed in his heart, and knew that his son was under enough pressure now, and he really couldn't put pressure on him anymore.
He was worried that his son would not be able to withstand the pressure, so he signed the contract of "cutting land and seeking peace" as mentioned on the Internet.
Once something like that happens, it is really losing watermelons and picking up sesame seeds, making a small amount of money, and shaking his foundation.
Foreign business is not easy to do, and Chinese business is the basic plate.
Although his culture is not high, through continuous learning and his own understanding in the past few years, he can still see the deep meaning behind some of Ruixiang's layouts.
But now the world is very complex, and the most stable is the Chinese market.