Chapter 658: Wall Street China Annual Summit
"Chairman, tomorrow is the Wall Street China Summit, and the presidents from all over the world have gathered in Silicon Valley, when are you going to leave?"
"Take off at 10 o'clock this evening and try not to miss the ceremony. ”
"Okay, I'll go through the formalities right away. ”
The Wall Street China Summit is not only a meeting for Google Group's investment subsidiaries to rush to Silicon Valley to report on its financial work and operations, but also an important meeting for Google Group to submit its financial report summary to Wall Street Financial Institute.
In addition to these regular financial meetings, Li Feiteng took advantage of the grand nature of the conference to arrange an additional Huaxia Internet Investment Conference, the purpose of which was not only to increase the face of Huaxia, but also to attract entrepreneurs from all over the world to look for investment in the past.
As the saying goes, the successful are for those who are prepared, and the opportunity is to be grasped by themselves.
Li Feiteng's Google Group, even if it has a professional investment team, but for so many entrepreneurs around the world, it is impossible for gold to shine and be mined by him.
It is better to publicly announce to the world that as long as people who have confidence, creativity and dreams can go to him, with a plan and an entrepreneurial idea, to seek opportunities and get investment.
Li Feiteng smoked a cigarette, hugged Li Yinxin and said, "This meeting will last a long time, so you can follow me to Silicon Valley." ”
She nodded obediently and said, "Okay." ”
In the evening, he secretly went to see Fan Binbin and his son Li Chenchen, and then said goodbye and left with some helplessness and went to Silicon Valley.
A private jet is like a luxury suite that moves through the air. In addition to the fact that there is noise. A five-star hotel on the ground and on the ground. There is no difference.
With Li Yinxin's company, the secretary Sang Jie's love is not very happy, but she knows too many secrets, and she also knows her identity and status.
After the plane landed safely in Silicon Valley, Sang Jie hurriedly knocked on his door.
Li Feiteng straightened out his suit and asked with a somewhat sleepy face, "Did you miss the conference ceremony?"
Sang Jie said: "I have missed it. ”
"Okay. “
He nodded, turned around and said to Li Yinxin inside, "I'll ask them to take you to the hotel, and I'll wait until I'm done." ”
Li Yinxin nodded.
This time in Silicon Valley. Li Feiteng is very low-key, and the airport is also very secretive, after going through the security check, he hurriedly took a car and came to the headquarters of the Google Group.
The headquarters of Google Group in Zhongguan Village, China, because it is under construction, and Google Group is a form of shares, including the place of registration, the scope of operation is difficult to control and clear things, and the media reports and divisions of the headquarters of Google Group. Still according to the address of Silicon Valley.
In other words, where is the headquarters of the Google Group? It's not Li Feiteng himself who has the final say, nor is it Google Group that has the final say, at least so far, the outside world has only recognized and recognized Silicon Valley as the headquarters of Google Group.
Li Feiteng is also quite resentful of this, to put it bluntly, it is still a kind of discrimination, and the media feel that Huaxia has no strength now.
So after arriving at Google's headquarters this time, Li Feiteng didn't have the opportunity to get out of the car to interview the media, and drove directly into the company's underground parking lot, and then came to the large conference room.
The large conference room with 500 seats was overcrowded, and most of the president-level members of Google Group, shareholders with more than 10% of the shares of subsidiaries and shareholder representatives of invested holding companies, most of whom Li Feiteng had never met.
However, after seeing Li Feiteng walk in, these millionaires immediately stood up one after another and shouted respectfully: "Hello chairman!"
"Please be seated, I'm sorry I'm late, but I'm in a hurry, so let's get to the main topic of the meeting. ”
Li Feiteng's words were like an order, and as soon as he sat down, the meeting began in an orderly manner.
Meetings are held in descending order of the group's administrative status and the company's internal hierarchy.
Page, president of Google products, was the first to stand up and report: "As of last month, the average number of monthly user uses of Google web search was 85.2 million, accounting for about 3.51% of the global Internet user market, Google News monthly traffic was 32.1 million, accounting for about 2.15% of the global market, and Google Maps was 9.86 million monthly users, accounting for about 0.68% of the global user market......"
Everyone listened quietly to Page's report on Google's product report, and it took more than half an hour for nearly 30 Google app products to be presented in front of everyone.
As the chairman, Li Feiteng of course has a report in front of him, and in addition to listening to Brie's report, he is also reading it carefully.
Page said proudly: "At present, all of Google's products are used by about 135 million people, accounting for more than 6.5% of the global user market. ”
When Li Feiteng heard this, he immediately took the lead in applauding.
After the applause subsided, he smiled: "Although we have firmly ranked first in users, but this also stems from the development and control of the Chinese market by Google Group. ”
The applause rang out again, and after Page sat down, Google's chief financial officer, "George Leurus", also quickly stood up and continued to report.
"In the first quarter, Google Group's actual revenue was $120 million, net profit was $36.2 million, product development was $200 million, advertising was $8,562, hardware and resource maintenance was $35.2 million, and venture capital expenditure was $187 million......"
Li Feiteng listened to the financial report, his expression was quite calm, because the headquarters of the Google group was still in a state of "loss", and the money had been invested, and he had not started to make money.
Of course, a successful businessman does not look at what is in front of him, the current Google has a turnover of hundreds of millions of dollars a year, but the investment is hundreds of millions. Even more than $1 billion.
But the user market will be slowly swallowed up by the Google Group. Wait until a few years later. The money he invests now will continue to pay back.
After listening to the report from the headquarters, Secretary Sang Jie hurriedly put the report of Qingmu Company in front of Li Feiteng.
Lin Xinhe, the president of Qingmu, also quickly stood up and reported: "The actual average monthly traffic of Qingmu portal has exceeded 60 million people, and this year's turnover has reached 12.08 million US dollars. A total of $6 million has been spent at Headquarters this year. ”
Zhang Mingshan, the latest president of Arc Search, then said: "The Arc Portal has an average monthly traffic of 12 million people, a turnover of 3.04 million US dollars, and a capital of 1.2 million US dollars from the headquarters. ”
Ding Lei, President of NetEase, said: "NetEase Portal, with an average monthly traffic of 13.5 million people and a turnover of 12 million US dollars, has not used the funds of the headquarters. ”
After Ding Lei's report, the board members were sitting in the conference room. Shareholders are all talking to each other.
Paul of Intel's shareholder, he is next to Li Feiteng. asked in a low voice, "Chairman, who is this Ding Lei?"
Li Feiteng replied: "We are an outstanding IT talent in China and an important shareholder of Google. ”
"Mr. Ding, you can give us a detailed introduction to yourself and the source of NetEase's turnover. ”
Ding Lei nodded calmly, he helped his glasses, and said: "Hello everyone, I am Ding Lei, the founder of Huaxia NetEase Technology Company, NetEase Company in the first quarter of this year, advertising revenue of 2 million US dollars, online game product revenue of 9.2 million US dollars, online virtual service revenue of 800,000 US dollars. ”
When everyone heard this, they all applauded, Ding Lei's NetEase turnover was significantly higher than that of other companies, and he did not use any funds from the group headquarters, which made the major shareholders of Google's board of directors very pleased and amazed.
"Chairman, such talents must stay in the Google Group. ”
"Rest assured, Mr. Paul, he will not be leaving the Google Group. ”
Li Feiteng also has a lot of face on his face, among his company, although NetEase is not the only one that can be so powerful, but it is really its own development, and NetEase is the only company that has not been managed under his guidance, and it can achieve good results now.
Next, when the presidents of Yunteng Games, Taobao Co., Ltd., Shanda Group, Feiteng Technology Group and other subsidiaries reported the operation status to the headquarters one by one, the applause in the entire conference room did not stop.
"Chairman, your own company is more powerful!"
"Yes, Yunteng Games' turnover in a quarter is actually 800 million US dollars, which is a miracle!"
"Yes, even Feiteng Technology Group has a net profit of $160 million in a quarter, which is too profitable. ”
Li Feiteng listened to the praise of the shareholders around him, and the smug smile on his face did not stop.
Indeed, these companies are his golden hens, with ultra-high turnover and net profit, which can bring him more than $500 million in revenue in one quarter.
However, these companies need to rely on the platform of Google Group to survive and expand, so Li Feiteng still values the headquarters of Google Group more than these subsidiaries.
The conference is not over in a day, Li Feiteng has a lot of things to deal with, because the turnover of the subsidiary, as well as the net profit is too much, so at present, Google Group actually has 600 million US dollars of idle funds in Huaxia.
600 million US dollars of idle funds, this is the first amount of funds returned by Li Feiteng's Internet empire after his rebirth.
It was also his network group that made the first big money for him.
Although, over the past few years, Li Feiteng has invested a total of nearly 5 billion US dollars, but it is still surprising to be able to earn so much this year.
600 million US dollars, not too much, not too much, not all Li Feiteng's money, if you want to pay dividends, he can probably get more than 60%.
"I am announcing that the $600 million that Google Group has idle in China will be used to launch a new round of acquisition investment plans. ”
After hearing this, everyone had no objection to this, because Li Feiteng had the majority, and he didn't want to take it into his own pocket, and other shareholders naturally wouldn't either. (To be continued......)