Chapter 1358 Internet Ecosystem

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"When will the completion ceremony begin?" asked Liu Dong.

"The day after tomorrow!"

"Remember to inform me then!" Liu Dong nodded, "Is there anything else?"

"The groundbreaking ceremony of Yanjiao New Town will be held on May 1, do you have time to attend?"

"Yanjiao New Town, the relocation of residents has been completed?" Liu Dong asked.

"Yes, it was done last month!"

"Sure enough, it is a national-level project, much stronger than our private enterprises!"

I think that at the beginning, when the Summer Palace Hotel was renovated, it took more than a year for just one resident to relocate. Moreover, this is still related to Liu Dong's large amount of cash and housing subsidies. Now the population involved in Yanjiao New Town is several times that of Liu Dong's original, but it has been completed in a little more than half a year. It has to be said that the influence of the behemoth of the state is far from being comparable to that of private groups.

After sighing with emotion, Liu Dong shook his head slightly, "I don't have time for the time being, just take me to attend when the time comes!"

"Yes!"

agreed, and when Feng Jianhui saw Liu Dong's inquiring eyes again, he shook his head and signaled that he was fine.

"Lao Zhang, what about you? Why did you come to Hong Kong if you didn't stay in the United States?"

Hearing this, Zhang Fan said with a smile: "EBEY's branch in China eBay is officially launched, and I came here to inspect the work!"

"How's it going?"

"It's not bad, but the C2C industry in China is still in its infancy, so the revenue is not as good as our subsidiaries in the United States and Europe. However, the domestic economy is developing rapidly, and the number of people who use the Internet every year is also doubling, and it is believed that in five years at most, Chinese companies can become a huge market not inferior to the United States and Europe. Moreover, it has PayPal, the most popular payment tool in the world. and ICQ, the world's largest instant messaging tool, with Paper Communication Group taking a major presence!"

Looking at the confident look on Zhang Fan's face, Liu Dong nodded with a smile.

"I won't ask about the specific operation, I only look at the results! Of course, if the company encounters administrative difficulties in the development of China, call me!"

"Yes, Liu Dong!"

"Is there anything else?" looked at the hesitant look on Zhang Fan's face. Liu Dong asked directly.

"Yes, Chairman!" After a pause, Zhang Fan looked directly at Liu Dong and said, "I hope you can allow me to buy Yahoo!"

"Yahoo?" Liu Dong frowned, "Why?"

Yahoo, an Internet giant that was once hailed as the creator of the Internet miracle at the end of the 20th century and has business in more than 20 major countries and regions around the world, Liu Dong certainly will not be unaware.

But the internet giant, which peaked at $130 billion, has been on a downward spiral since the dot-com bubble. Especially after losing to Google, the former little brother, in the search engine, Yahoo's market value has fallen again and again. Today, however, Yahoo is still a giant with a combined market capitalization of more than $50 billion.

With the current strength of Paper Communication Group, it is impossible to annex Yahoo. Of course. It would be different if Liu Dong and Hanhua Group were behind it!

"If Paper Communication Group wants to become a leader in the Internet industry and can continue to strengthen this position, it must build a closed industry ecosystem with our current advantages!"

"Let's be specific!" Liu Dong frowned.

Now there are four types of Internet companies: content, search, community, and personalization. The core business is also divided into four types, namely search engines represented by Yahoo, Google and Baidu, e-commerce represented by ebay, Amazon and Alibaba, online games represented by EA, Blizzard and Shanda in China, and portal websites represented by ICQ and Yahoo, Tencent and NetEase in China!"

"ICQ, part of Paper Communication Group, is the world's No. 1 web portal for content. With 800 million registered users, as long as we don't make mistakes ourselves, neither Tencent nor Microsoft's MSN can surpass us in this regard. But. ICQ focuses on instant messaging, and we can't beat Yahoo when it comes to providing content!"

"In terms of e-commerce, eBay, a subsidiary of Paper Communication Group, is now divided from Amazon, with Amazon focusing on shopping and eBay focusing on online auctions. We've done it to the extreme when it comes to online auctions. So, if we want to go beyond Amazon. While consolidating the advantages of eBay, we should work online shopping, especially before Amazon, and invest money in BRICS countries with rapid global economic development, such as China, India, Brazil, South Africa and other countries. Build a complete logistics network!"

"Search and online gaming are our weak points! Online game companies are better to say, even EA is less than half the market value of Yahoo. Blizzard is even cheaper! The search engine is a difficult point, because of Yahoo's neglect, and now Google has basically established a global advantage! However, relatively speaking, Yahoo's search engine still has nearly 200 million users in the world, which is not too far behind Google. ”

"If we can buy Yahoo, we will be able to fill our weaknesses in search engines and portals. With the Yahoo engine, the Yahoo portal, ICQ and ebay, we will form a powerful closed Internet ecosystem. In this ecosystem, there are billions or even billions of netizens around the world, they can use one account, they can easily shop online, search for information, browse any message that happens around the world, and contact friends at any time, such an Internet ecosystem will be far more sticky than a single type of Internet company!"

Zhang Fan's excited and inflammatory words caused huge waves in the hearts of Liu Dong and Feng Jianhui. With their vision and insight, they can naturally understand that Zhang Fan's remarks are not a castle in the air, but have a very strong feasibility.

After all these years, after seeing the development of the Internet with his own eyes, Liu Dong has also become a qualified Internet company leader from the original half-understanding, and he also understands what is user stickiness, what is user experience, and what is catfish effect!

"There are a lot of various types of internet companies. If it's just those who want to form a closed Internet ecosystem, I'm afraid it's not enough!" Feng Jianhui said.

"Of course, but we've been working hard, and at the end of last year, we partnered with Matrix Media to acquire Netflix, the number one entertainment video company in the United States. In addition, I hope that the head office will agree to hand over Universal Music's professional music website 'emusic' and K. Wah Group's 'Ctrip.com' to the leadership of Paper Communication Group. ”

Looking at Zhang Fan with a look of anticipation on his face, after pondering slightly, Liu Dong said: "The matter of 'emusic' and Ctrip will be discussed later." Yahoo, how are you going to buy it? Don't tell me you're here without any preparation!"

"Of course not! This is my good acquisition plan!"

As he spoke, Zhang Fan took out a stack of thick documents from his briefcase and put them in front of Liu Dong.

After taking it and looking at it twice, Liu Dong's eyes widened suddenly.

"You're really welcome, $50 billion in acquisition funds, where can I raise so much money for you?" Liu Dong said angrily.

Originally, he had a lot of money, but in order to win the battle of Standard Chartered Bank, the funds he prepared were basically exhausted. And the money that came from Citibank and HSBC was not all spent when they bought Universal Music and Pixar, but what was left was only about $5 billion. It is nearly ten times worse than Zhang Fan's requirements!

"Huh. Isn't there still the chairman, you and the head office?" Zhang Fan smiled wryly. He also knows that $50 billion is a lot of money.

However, in the past nearly five years, the impression that Liu Dong never seemed to be short of money in his hands was almost ingrained in Zhang Fan's mind. Especially when Standard Chartered Bank encountered difficulties, the huge amount of tens of billions of dollars in his hand shocked Zhang Fan.

Therefore, after turning the years, he will advance the plan that he has suppressed in his heart and is ready to implement in a few years.

"Do you think I'm the God of Wealth?" Liu Dong couldn't help but say.

However, looking at the expectation in Zhang Fan's eyes, Liu Dong's eyes showed a touch of deep thought. To be honest, he was also moved by Zhang Fan's remarks just now.

A closed Internet ecosystem that includes search, portals, entertainment, e-commerce, online games and other businesses can finally become a reality if this solution can finally become a reality. So Liu Dong has no doubt that in the future, Paper Communication Group will become a well-deserved giant in the Internet industry.

At the current speed of development of the Internet industry. Its future assets will surpass the standard Standard Chartered Bank, which is now the most valuable in Liu Dong's hands.

"If we raise the money, are you sure that Yang Zhiyuan and David Ferro will agree to sell Yahoo to us?" asked Liu Dong after some thought.

"I'm 70 percent sure!" Zhang Fan excitedly said, "Now, Yahoo's search business is declining because of the emergence of Google." Not only has it not recovered its pre-dot market value, but it has been declining! In a money-first society like the West, no investment institution or bank would choose to hold shares in a depreciating company. So, as long as we have the right offer, we may have a hard time acquiring Yahoo. But not impossible. ”

Liu Dong, who nodded, continued after a little thought: "You also mentioned just now that Yahoo's market value has been declining, so how are you going to save this declining Internet giant?"

"The crux of Yahoo's decline lies in their wavering corporate planning, that is, unclear positioning! Before the advent of Google, Yahoo was a content-focused portal focused on mobile advertising. So they mistakenly embedded the Google search bar. But when Google became a leader in the search industry by absorbing Yahoo's nutrients, Yahoo, which had been focused on providing content, shifted its focus to search. As a result, they did not surpass Google in search, but because of Google's success, they were confused in the two major sections of search and content!"

In addition, Yahoo is now the largest Internet technology company in the United States, and its annual number of patent registrations ranks first among Internet technology companies in the United States and even in the world! This should have become a strong foundation for the enterprise. But Yahoo mistakenly licensed these patents to Google, Amazon and other Internet peers. This kind of reckless patent licensing has allowed Yahoo to obtain a large amount of patent money, but it has also raised its own competitors. This kind of short-sighted behavior is really incomprehensible!"

"Also, Yahoo's business is too bloated! This is undoubtedly self-defeating in the Internet industry where the 'catfish effect' prevails!" After a pause, "If we buy Yahoo, I am ready to spin off the search business from Yahoo and set up a separate company focusing on the search industry! Cancel Yahoo Messenger and hand over all Yahoo Messenger membership information to ICQ!"

"The future of Yahoo will be a content-based portal!"

After finishing speaking, looking at Liu Dong who was in thought, Zhang Fan, who was originally full of confidence, couldn't help but feel a little apprehensive. This is also because Yahoo is so important to Paper Communication. If the acquisition of Yahoo is successful, the assets of Paper Communication Group will be directly doubled.

At that time, the future of Paper Communication Group, which owns the world's No. 1 instant messaging company, ebay, one of the world's two largest e-commerce companies, Yahoo, the world's largest web portal, Yahoo Search, the world's second-largest Internet search company, and Yahoo Email, the world's largest e-mail address, as well as the world's leading professional entertainment, professional music, and travel websites, will undoubtedly become the leader of the global Internet industry in the future.

Becoming an industry leader, or even No. 1, has always been the most unwavering ideal and goal in the heart of Zhang Fan, as the chairman of Paper Communication Group.

"Jianhui, what do you think about Lao Zhang's plan?" asked Liu Dong, who was contemplative.

After glancing at Zhang Fan, who looked nervous, Feng Jianhui said with a smile: "Although Mr. Zhang's acquisition and business plan are not perfect, there is no big problem. And I also agree with what he said about the Internet ecosystem! I believe that even if we don't do it today, there will be Internet companies that have developed in the future. And, as far as I know, Microsoft is already working on that! they already have MSN and are now looking to buy Google. Thankfully, we're ahead of Bill Gates, but if we don't work hard, that advantage won't last long. ”

"You mean agreed!"

"That's right, if the funds allow, I think the acquisition of Yahoo should be completed as soon as possible!" Feng Jianhui affirmed. (To be continued.) )