Actually I just want to act

Chapter 1017 He's Betting

Chapter 1017 He's Betting

In the huge meeting room of Dingding.com, there was no sound.

MSN is really good, and there are many users around the world. It is a powerful social and office software.

But that's all, because the more powerful ISU also lost to China. No matter how powerful MSN is, can it go to heaven?
QQ is powerful now, and it is not so easy to fight against.

However, now we have to pay attention to the correct position. Many executives were silent for a while, and expressed their views one after another, saying that it is necessary to cooperate with MSN.Even if it is to open up the Hong Kong and Southeast Asian markets, it is very necessary... This is just talking about others.You know, this sentence means that there is probably no chance to win QQ in China.

Li Xiuqin is also a fine person, and he heard the meaning inside, and his heart was chilled.

"Is everyone optimistic about the future of Dingding.com? Why?"

Li Xiuqin asked himself, he is not bad, why can't he become the number one in the e-commerce industry as he wished?
In fact, his mentality is wrong. To be the number one e-commerce company is essentially to monopolize.And monopoly is very difficult in China, unless it is an official monopoly, such as electricity, gasoline and other commodities related to the national economy and people's livelihood.Li Xiuqin is no longer a pure businessman, but a capitalist.Only capitalists will always think about how to monopolize the industry.

As for Fang Jiming, he never thought of monopolizing. He knew that even in the industry of instant messaging software, other voices could be accommodated.It is as if the ISU does not withdraw from China, but there are still users.It's just that the consumption of these users cannot support ISU's business in China.

This is not because Fang Jiming wants to monopolize, but because others cannot compete with him, so a de facto monopoly has formed.

But as long as Fang Jiming doesn't take advantage of his market dominance to do some extreme things, the country will just turn a blind eye.

Besides, QQ cannot form a monopoly, because Fang knows that there is another APP that is even more monopolistic.

The series of actions of Dingding.com have been noticed by anyone with a heart.

Facts have proved that there is no impenetrable wall in the industry.

Li Xiuqin's speech at the meeting was either true or false.

After Fang Jiming got the news, he was also a little surprised.What surprised him was that the country actually set up an interception. Why, did he bring about the butterfly effect?You know, in the previous life, the country didn't care about these things at the beginning, and only intervened and regulated it when it became bigger and stronger.

Especially for payment software, the state began to intervene only after some Internet companies were involved in financial funds.Fang Jiming remembered that this happened after 2012.It's only 2004 now, why is it so strict?
Fang Jiming was puzzled, but Fang Jiming also wanted to introduce various funds to keep users' money in AliPay.Now it seems that it may be difficult to work.First of all, it is necessary to acquire a fund company and have the qualifications to issue funds.For this step alone, AliPay requires a huge amount of funds to complete.

If Feixun is not listed, this funding will be out of the question.

If Feixun wants to make money by itself, it may not be able to make this money until 2012.

At that time, Ali was also trapped in the lack of a second business growth point, so it started Internet finance.But soon, the country introduced laws and policies to regulate Internet finance.The only failure is Internet loans.That really poisoned many people. I don’t know how many people have fallen into this kind of game called small online loan, but it is actually usury.

Fang Zhiming is so conscientious, he will definitely not touch usury, at most he will just make money and borrow money.There is endless money to be made, and making unconscionable money is tantamount to having blood on your hands.

"Dingding.com... Did it sell a lot of shares?"

The only thing Fang Jiming thought of was this possibility.

Like Alima in his previous life, Li Xiuqin is also a gambler.He is probably betting that he can succeed, at least in the e-commerce industry, so he dared to sell so many shares.After all, as long as the management rights are still in their own hands, it means that the company is still in their own hands.

This step is almost the same as Ali in his previous life.

You know, Yahoo bought 40% of Ali’s shares at the beginning, plus Softbank’s shares, Alima and his team held less than 30% of the shares.Later, Xiangjiang failed to go public, and Alima launched a buyback, which reduced the shareholding ratio of Yahoo and Softbank.Later, Yahoo collapsed, but Ali acquired Yahoo China.

It has to be said that the world of the Internet is unpredictable.

A company that had a great reputation in the past few years is likely to be defeated in the future.

It can be said that Ali would not have known who to listen to if it hadn't been for Alima's cruelty to spend a lot of money to buy back shares.

This also proves one thing, the founder does not have the right to speak, then the company is equivalent to no more.Alima actually didn't want Xiangjiang to be listed, but was forced to go to Xiangjiang for listing, which led to a series of failures later.If it weren't for the inability of the Xiangjiang stock market to be linked to the domestic stock market, Ali might have collapsed.

Back then, Ali split its B2B business and landed on the Hong Kong Stock Exchange. However, in the short five years that followed, Ali intensively experienced a series of turmoil such as capital enthusiasm, stock price plummeting, and Yahoo’s rebellion, and finally privatized in 5. Hong Kong Stock Exchange delisted.At that time, Xiangjiang was still a hot spot for capital and the financial center of Asia. At that time, Ali was the most proud but most unruly "child" of the Hong Kong Stock Exchange.

It's a pity that the good times didn't last long. Affected by the financial crisis in 2008, Ali's stock price broke and continued to bottom out.

Fang Jiming trembled at the thought of the financial turmoil.

You know, 2007 was the last carnival year of the Internet before the global financial turmoil hit. In 2008, the global Internet once again entered a cold winter.In other words, it is the cold winter of capital.

Take a look at Ali’s operations back then. In order to ensure the smooth listing of B2B business, Ali started intensive preparations a year ago.Recruited from foreign companies, just completed a major management change; then registered a new company in the Cayman Islands, reshaped the organizational structure of Ali, and made complete preparations for the split and listing.

One business, two assets, two companies operating.Behind the spin-off and listing is Alima's shrewd consideration in order to weaken the binding force of Yahoo and Softbank on the business of Ali Group companies.

After the frenzy, there was boundless loss. When the cold winter came, Ali’s stock price began to decline. In March 2008, it fell below the IPO price. In September 3, the global financial crisis hit in full swing, Lehman Brothers collapsed, and Ali's stock price plummeted, falling below the par price of 2008 yuan within a month.

On the one hand, the multiple measures introduced by Ali are still unable to save the sluggish B2B business under the background of the financial crisis, and the stock price continues to slump; The performance was far better than the company's initial B2B business, which paved the way for Ali's delisting and delisting from the Hong Kong Stock Exchange.

Of course, Alima was also preparing to seize power from Yahoo.At that time, Yahoo had already controlled Ali, because the shares completely crushed other shareholders.

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like