Chapter 754: Why Penguins Are the Biggest in History
If this is just an ordinary company going public, then this kind of news will not have much impact. ▲∴,.
However, when the media broke the news that Penguin was listed, at the same time, it also blew up Penguin's underwriters.
Morgan Stanley, JPMorgan Chase, Goldman Sachs, Merrill Lynch, Bank of America, Citigroup, Lehman Brothers, Chase Manhattan...... There are as many as 50 well-known financial and securities giants in the United States. It's just that it's not all. In addition to these all-American underwriters, there are also well-known financial companies from all over the world.
Deutsche Bank, Tohnichi Securities, UBS, BNP Paribas, Royal Securities of Scotland, Uniloan Italia...... Of course, there are also the four major banks in China, Industrial and Commercial Bank of China, Bank of China, Bank of Communications, and Agricultural Bank of China.
The underwriters include more than 100 top financial and securities institutions in more than 20 countries around the world.
As soon as such news came out, it was a sensation in the world.
More than 100 underwriters.
Nima, don't be so violent.
Oh my God, what is Penguin, and why do you need more than 100 underwriters to underwrite it?
I've got some of it that I can't believe anymore.
Penguin, is it a giant?
Countless people are not calm at this time.
Some of you may have heard a little bit about Penguin.
But there are some people who have never heard of it.
But it doesn't matter if they've heard it or if they haven't.
When it was discovered that Penguin was jointly underwritten by more than 100 underwriters, they could not calm down.
For a company to go public, according to the rules, they have to find an underwriter.
Of course, generally speaking, if it is a company that is not very large, it is enough to find an underwriter.
However, there are also some larger assets, or large initial financing amounts, and they have to find several more underwriters. Just like when Google went public, they found more than a dozen underwriters to jointly help them underwrite the listing. However, despite this, more than a dozen underwriters jointly underwrote Google's listing that year, which was also a sensation around the world. It is believed that Google has set a global record, and it is also the largest IPO in history.
However, when Google's dozen underwriters compare with it, Google can't even compare.
Not to mention, each of these more than 100 underwriters is the world's top financial giant.
Is the world crazy?
A lot of people can hardly believe it.
Many people also think that they are mistaken.
But New Year's Day 2004 was not April Fool's Day.
Just after people couldn't believe it, just after people were shocked again and again.
The news about the listing of Penguin Company is another continuous report.
Penguin will raise $100 billion, making it the largest IPO in history.
This news is even more exciting than the news of more than 100 of the world's top underwriters.
The largest IPO in history.
The biggest IPO in history alone, he's already crazy.
Not to mention, the largest IPO in history raised $100 billion.
$100 billion.
What a number this is.
If one by one were lined up, $100 billion could circle the earth three times.
If you put it together, $100 billion would have to fit on an aircraft carrier.
If you use trucks, you have to have hundreds of heavy-duty trailers to move them all.
That's a huge number.
The annual GDP of countless countries is far from reaching $100 billion.
Even if we don't talk about these, there are only a few dozen listed companies in the world that have reached more than $100 billion.
100 billion dollars, I cǎo.
God, Buddha, Virgin Mary.
At this time, people can no longer describe the feeling when they see this news.
Google raised only $10 billion when it went public, which was already a sensation at the time.
But at this time, Penguin is 10 times that of Google.
Are we in the age of science fiction?
Or rather, is our currency so flattened all of a sudden?
Shocked, shocked, shocked.
No matter who it is, when they see this news, they are probably extremely shocked.
Such a shock is even more surprising than the previous Iraq war.
This is simply not something that can be done by manpower.
Overnight, Penguin, on New Year's Day 2004, became popular all over the world.
The night was spent almost in shock.
On this night, a miracle was seen.
On this night, one company was remembered - Penguin.
They don't know what kind of company Penguin is, but it doesn't matter.
In short, they already know.
This is a company that is even more bullish than Google.
In the same way, it is also one of the top companies in the world with Microsoft, Wal-Mart, Coca-Cola, IBM, Apple, Intel, etc. As long as they are comparable, penguins can compete with them.
Yes, an IPO of $100 billion is enough to break a qiē.
A $100 billion IPO is enough to bring Penguin extraordinary popularity.
A $100 billion IPO would not be an exaggeration to say that it is the largest company in the world.
However, in the face of a suddenness, in the face of a company that everyone was not very familiar with before.
His $100 billion IPO, the largest in his history, also caused huge controversy on the second day.
Someone still chooses not to believe it.
The $100 billion IPO is too fake.
There are also doubts.
With an IPO of $100 billion, he is enough to surpass any other company in the world.
But if he really surpasses anyone else in the world, why haven't we heard of it?
There are also people who directly choose that this is fake news.
And, among them, there are also professionals on the field.
He said.
Penguin is a China-based internet company that, while not unknown, is far from being known around the world. Most of his business is on the Chinese side, and many people around the world don't know about it. Perhaps, Penguin has great potential and may become a giant in the future. But apparently, he is clearly not now.
Taking a $100 billion IPO as an example, generally speaking, most companies will only take out 20-30% of the total shares of the company in the first financing. In other words, the overall market value of Penguin will be 300-400 billion US dollars. With such a scale, then he will inevitably surpass ExxonMobil, the king of the world's market capitalization.
Is he more than good?
So, let's take a look at the Penguin business.
Penguin has four core businesses, Penguin Technology, Penguin Network, Soso, and Penguin Mall.
Sosou and Penguin Mall are not profitable and negligible.
The most profitable are Penguin Tech and Penguin Network.
Although Penguin Technology's instant messaging QQ has beaten Microsoft's MSN and Penguin Network's stand-alone game, many people have also played it, but just Penguin Technology and Penguin Network, let alone a market value of 3000-400 billion US dollars. I'm afraid that with a market value of $100 billion, Penguin is very reluctant.
When we got here, we weren't surprised.
Why Penguin is the biggest IPO in history.
Penguin, why did the first financing amount reach 100 billion US dollars?