0402 The first domino
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At the Hong Kong International Airport, a group of executives in suits and leather shoes walked off the plane with suitcases, which looked spectacular, and hundreds of reporters from all over the world blocked Song Chen, who had just chartered a plane to Hong Kong.
For a while, the magnesium lamp flickered, and the voices boiled endlessly.
"Mr. Song, is there any important news about this Hong Kong summit that can be revealed in advance!"
"Mr. Song, will Chenxing Holdings increase its holdings of the listed company's shares, or use the listed company's own funds to initiate a share repurchase?"
"Mr. Song Chen, Chenxing Holdings holds a total of more than $500 million in cash and bonds, can you reveal the future investment direction!"
"Mr. Song, is it true that the rumor that the board of directors of Tmall.com agreed to acquire the shares held by Wanda Fund yesterday is related to your hostile takeover?"
"Mr. Song Chen,......"
“……”
……
Escorted by a group of big-waisted bodyguards such as Xiang Hang and Zhuang Murong, Song Chen, who had been on guard, walked silently towards the airport gate with a sinking face, ignoring the questions of reporters from all over the world.
It's just that the reporter relentlessly chased in front of the convoy sent by the Grand Hyatt Hotel, standing in front of the carriage, he looked back at the reporters who were isolated by bodyguards in front and back, but were still surrounded by water, he finally showed a bright smile, bowed slightly, and said: "After this meeting, the company will hold a press conference, and our news spokesperson Mr. Jiang Zheng will answer your questions on my behalf, please don't be impatient!" Excuse me! ”
After speaking, Song Chen bent down and got into the black Mercedes-Benz sedan and sat in the middle, Zhai Yue and Zhai Yan in decent formal clothes pulled the car door and walked in, and Zeng Qian sat in the front passenger seat.
Zhuang Murong drove.
As the convoy slowly moved forward, Zhai Yue glanced back at Song Chen, who was lost in thought, and asked, "What are you thinking?" ”
Coming back to his senses, Song Chen said lightly: "Ma Yun is very vigilant!" ”
Zhai Yan, who was sitting on the left hand side of him, took out the text from the briefcase he carried with him to see if there were any omissions, and said a word disapplausively: "Drink to quench your thirst!" ”
Song Chen was talking about the actions of Tmall.com, while Zhai Yan was talking about the consequences of this action, and after two sentences, it still showed the different views of the lovers on Ma Yun, which made Zhai Yue feel very interesting.
"Although many people don't say it, many people don't think about your intention to acquire Tmall.com!" Zhai Yan glanced at her lover, "The price is too high, and there are giants who are eyeing out because of different attempts!" ”
Song Chen rolled his eyes helplessly and said: "Ah Yan, the status of 8848 in today's China can not be shaken for a while, the comprehensive online shopping platform has been basically formed after two years of horizontal expansion, even if there are competitors, it can only stand out from the encirclement and suppression of 8848 through the guò subdivision, such as Dangdang.com, which was established last year, and Jingdong.com, which was established this year!" Taobao is the opposite, although Taobao is backed by Alibaba Group, Baidu, Chenxing Network, Chenxing Software and other brother companies, forming a leading edge over Tmall, but it is obviously not enough to become an overwhelming victory! Of course, more importantly, China still has a very explosive and unformed market, before the market finally explodes, Taobao's advantages are not enough to form an advantage, the last thing I want to see is that Taobao and Tmall compete in the C2C field, and finally develop a self-circulation ability with the support of other competitors 'Xiaochenxing Holdings'! For this purpose, even if the premium after the acquisition, even if there is a large loss after the acquisition, even if there is a large area of loss after the spin-off sale, it is nothing to me! ”
Zhai Yan said angrily: "Tens of millions of dollars, this is not tens of millions of yuan!" If you say you will lose money, I think you are really a loser! ”
Zeng Qian, who was sitting in the passenger seat, hurriedly looked out the window, and while playfully sticking out her tongue, she secretly envied: There are so many women, and Zhai Yan can be so presumptuous in front of Song Chen!
Zhai Yue was also very envious, but compared to other women, it was not a good thing for her that her sister could be favored by Song Chen, she smiled: "Okay! Anyway, after Tmall.com acquired the shares of Wanda Fund, eBay, Jack Ma and Eighteen Arhats became the biggest beneficiaries, and it is impossible to control Tmall.com, so it is better to think of something useful, what are you going to do next? ”
"How?" Song Chen smiled, he opened his arms around the waist of the Zhai sisters, rubbed the satin-like skin with his hand through the fabric, and said very easily, "Half of the budget originally used for acquisitions is converted into Taobao's marketing and promotion budget this year, so let's fight a protracted battle!" ”
Zhai Yan saw that her lover turned to a formal topic, and she smiled and said: "Compared with the pursuit of absolute market dominance and the acquisition of the other party, such a pragmatic approach is worthy of recognition!" A market with competitors is necessary for Alibaba Group not to fall into some kind of arrogance, and it is necessary for Chinese companies to maintain a wolf culture! Baidu is more limited to China than you, and it is lighter than you to get the index number of googLe, I think that in the long run, Baidu's executives will sooner or later relax! ”
Song Chen nodded thoughtfully, and agreed: "Wolf culture is indeed very important, when Liang Zhiquan first took office, I warned him to prepare a suitable company culture system to suppress the 'big company disease' that may appear in the company in the future. But this method is also likely to fall into the strange circle of 'performance theory', leading employees to blindly pursue performance and damage the interests of the company! ”
"I think Alibaba Group is doing a good job at this stage!" Zhai Yue said with a smile, "The spin-off of the business department to establish a subsidiary can ensure the enthusiasm of the backbone, whether it is the integration and listing in the future, or the spin-off and listing, it is a great encouragement for them!" ”
Zhai Yan nodded: "Although the three core businesses of Alibaba Group are not spun off, spin-offs are indeed a way to deal with the diseases of large enterprises!" ”
"I digress as I talk!" Song Chen smiled and looked at the bright and moving Zhai Yan, "Ah Yan, the budget for this acquisition is as high as 200 million US dollars, considering the existing funds of Tmall.com!" Since the acquisition is not successful, I will let Tsai Chongxin inject 100 million US dollars into Taobao for long-term marketing funds! 8848 and Alibaba's e-commerce platform can not relax, but also invest part of their own funds for market promotion, to ensure that the market position is unshakable! What do you think? ”
Zhai Yan groaned: "After two years of proof, the ability of traditional offline media, including TV, to guide traffic is very poor! Instead of investing money in the bottomless pit of TV media, it is better to come up with part of the advertising platform that supports the vigorous development of QQ and Baidu! ”
Zhai Yue agrees with her sister's statement: "I also think that the promotion effect of TV advertising is not good, although in December last year, Ctrip participated in the CCTV advertising bidding, and it was also tasted at a glance, but the effect is not much better than Sohu's display advertising!" Of course, although CCTV's advertising resources have an average traffic diversion capacity, they are very good as a way to use them for brand operation and promotion! ”
"The portal's display ads are really good!" Song Chen smiled slightly, his eyes narrowed, "Don't worry, it won't be long before we can acquire the existing portals and completely trample those portals with evil intentions!" ”
The Zhai Yue sisters, who understood Song Chen's calculations, looked at each other and smiled, and took the initiative to lean their faces on Song Chen's chest, absorbing the warmth of their beloved man.
……
A black sedan sent Song Chen and dozens of high-level executives to the Grand Hyatt Hong Kong, and at this time, the Hong Kong manager with Tsai Chongxin and the senior executives of Europe and the United States had all arrived in 6 consecutive years.
At this point, Andrew? Freeman and Tsai Chongxin sat in the lobby of the Grand Hyatt and had a face-to-face conversation, which is very rare for them to make frequent video calls.
In addition to the two of them, Eric Lee, co-executive of Chenxing Holdings and googLe? Schmidt, Robin Li, Chief Operating Officer and Chief Technology Officer, and Logue Rogge, Executive Officer of paypaL? Filip, VaLVe Executive Gabe? Newell, Chief Operating Officer Mike? Harrington ...... More than a dozen high-level executives also accompanied and spoke, and from time to time, guests passing by looked at them with curious eyes.
Of course, this kind of scene is naturally indispensable to the reporters who shoot from afar, and the reason why it is filmed from afar is because the security team of the Grand Hyatt Hotel and the security department brought by Chenxing Holdings form a silent wall of people, isolating them from the core discussion circle.
“…… The form is more severe than imagined, the NASDAQ stock market crash is like a domino that has been piled up for a long time, and the situation is far more severe than I guessed at the beginning! "Andrew? Freeman sighed, "Because the small Isp entrepreneur grew up on the eve of the NASDAQ stock market crash, he had no ability to resist the risk, and finally became the first domino to be toppled!" ”
Sergey, who has earned a master's degree in computer science from Stanford University? Bull, who is now the director of product at googLe, looked at Andrew in surprise? Freeman, asked, "Freeman, the collapse of small Isps is also a very normal thing in normal times, why do you think they are Chapter 1 dominoes?" ”
Everyone's eyes are very concerned, Andrew? Freeman shook his head and sighed: "If it's just an ordinary network service provider, it's nothing, the problem is that the network economy has been extremely fast in the past two years, and most of the equipment servers of these suppliers are borrowed in order to develop quickly!" ”
Cai Chongxin thought for a moment and said abruptly: "I see! ”
PaypaL Executive Logge? Filip said, "Not bad! Listening to Freeman's mention, I remembered yesterday's warning from netT, a network equipment wholesaler, that it would drastically cut procurement spending, and that these equipment wholesalers might become a second domino! ”
Robin Li groaned: "If this continues, isn't Cisco the third domino?" (To be continued...)