Actually I just want to act
Chapter 1018 Surrounded by Reporters
Chapter 1018 Surrounded by Reporters
If Yahoo develops Ali wholeheartedly, Alima will be fine.But the appearance of Yahoo is just to make money, without thinking about the long-term, Alima can't stand it anymore.After accepting many times of pointing fingers, Alima is already dissatisfied.
Of course, the trigger of the matter was that in 2008, Microsoft planned to acquire Yahoo for US$446 billion. If the transaction passed, Microsoft would become Ali's largest shareholder.History has repeatedly proved that Microsoft's involvement in the companies it invests in is much greater than that of Yahoo, and it is a difficult partner to deal with.
Yahoo eventually turned down Microsoft's proposal.Yahoo's investors were outraged when Microsoft's offer, already at a 70 percent premium, was rejected by Yahoo executives.A few months later, the global financial crisis roared, and the honeymoon period between Yahoo and Ali came to an abrupt end.Here, of course, there are reasons why Yahoo has changed coaches, but more because Ali has greatly weakened the market share of Yahoo in China, which made Yahoo a little bit unbearable.
But in fact, this is due to the rigidity of Yahoo's business model, coupled with the decline of the portal website, Yahoo has been unable to survive.The most important thing is that Yahoo no longer has a technical advantage, and Yahoo's own search engine technology is already very backward.Alima told reporters at the time, "If you're not doing your business well, don't get mad at me."
As a result, the relationship between Ali and Yahoo has become stalemate.Alima began to operate to repurchase Yahoo's shares, initially repurchasing 20% of the shares.It was actually a win-win deal, because after netting, Yahoo got the $42 billion in after-tax funding they desperately needed.Ali also promised to buy back a quarter of Yahoo's remaining shares by 2015, or allow Yahoo to sell these shares in the future Alibaba Group IPO.Yahoo and SoftBank also agreed to reduce their voting power on Alibaba's board to less than 50 percent.Alima has regained the control of Ali. So far, Ali's delisting from Xiangjiang is also a matter of course.
Even, Alima purchased the outstanding shares at the issue price of HK$13.5 per share.This seemingly thankless business is difficult for investors to understand.Businessmen can’t get up early without profit, and Alima buys back at the issue price. It seems that there is no profit or loss, but considering the depreciation of the Hong Kong dollar by more than 30% and the interest on funds for four years, the profit after deducting dividends is still more than 50%.Ali then asked for a bank loan to buy these stocks back without actually spending a penny.This treacherous capital game ended with Ali becoming the biggest winner, and behind this is the painful price of countless Xiangjiang shareholders who were once optimistic about Ali shares, believed in Alima as a god, and were obsessed with Ali.
To put it bluntly, Li Xiuqin thought the same way. Through a series of operations, he took away the investment amount of Dingding.com, and then drove the shareholders out of the board of directors, gaining both fame and fortune in one fell swoop.
But can Li Xiuqin really succeed?
Fang knows but doesn't know.
Because if Dingding.com wants to do this, it must be listed, and it can only be operated after it is listed.
Otherwise, Li Xiuqin will always be the founder, but not the actual controller.
"Forget it, introduce MSN...you have to pay attention to this." Fang Jiming is not afraid of MSN. Given the urgency of Bald Eagle Enterprises, it is impossible to make Chinese changes for China.So, what is there to be afraid of for a software that does not undergo localization changes?
Elite people work with MSN?
Whatever it is, those elites, in Fang Jiming's eyes, are all evil, they seem to show their superiority, but they are actually silly and cute.Only a small circle uses MSN, and everyone uses QQ. How can you turn the world upside down?
However, what Fang Jiming didn't expect was that he was surrounded by reporters just after he finished editing the film from Oriental DreamWorks.
"Fang Dong, I'm a reporter from Economic Daily, what's your opinion on MSN's imminent entry into China?"
"Fang Dong, I'm a reporter from "Daily Economics". May I ask if QQ can cope with the challenge of MSN?"
"Dong Fang, I'm a reporter from Economic Weekly, what do you think about the competition of instant messaging software?"
……
Fang Jiming was a little stunned, this style of painting is wrong, isn't he an entertainment star?Why are the reporters surrounding me all economic newspapers and periodicals?
"Everyone, give way, don't surround yourself..."
The bodyguards around him were still very conscientious and blocked all the reporters outside.
Fang Jiming stopped in his tracks, and then said, "MSN? It's very popular abroad, but that's all."
"That's it?"
These reporters were instantly excited, this is a huge news point!
"Fang Dong, can you say a few more words?"
"Fang Dong, isn't MSN putting too much pressure on Feixun?"
"Fang Dong, MSN is coming menacingly, aren't you worried?"
……
Fang Jiming smiled and said: "China is an open market. Any company can enter the Chinese market as long as it abides by Chinese laws and pays taxes on time. MSN came to China to develop. As a competitor, I can't say Welcome. However, competition is unavoidable. If you want to avoid being robbed of market share, you can only improve your own service level and serve users well.”
This is actually a very generous answer. You are welcome to compete, but out of respect for you, I will beat you to death.
If someone understands what Fang Zhiming said, it will definitely be domineering.
I am not afraid of your competition, I am afraid that you will be beaten and dare not come.
In fact, MSN withdrew from China in such embarrassment in the previous life.
No way, QQ has too much advantage in the mainland, and the moat is too deep.Coupled with the boringness of MSN, young people don't want to play at all.Some so-called "business elites" use MSN to pretend.For this situation, Fang Jiming scoffed.
With the urine of a bald eagle, is there no back door to steal confidential information in MSN?Even if you think about it with your toes, you know it's impossible.
If the commercial secrets are leaked and the losses are huge, then no one else is to be blamed, it is these "business elites" who are too stupid.
In fact, Western Internet companies, equipment companies, software companies... will leave back doors to facilitate bald eagles to monitor anytime, anywhere.
However, China is too kind to do business and does not leave a back door at all.
The reporter was not satisfied with Fang Jiming's words, and continued to ask: "Fang Dong, if MSN really entered China, how would you respond?"
"Fang Dong, not only MSN, but also GG, are all planning to enter China. Do you have any countermeasures?"
"Fang Dong, if MSN and GG take root in China, will it have any impact on China's Internet structure?"
……
Fang Jiming said: "This is the last question. You are not a formal interview. Three questions are enough. Let's put it this way, whether they come or not, my company will go out and compete with them all over the world." .If there is no way to compete with them in China, how can we go abroad and go to the world stage? Besides, QQ is developing well overseas, and its users are increasing day by day. Baidu also has a certain share in the Chinese market, so we have to What we do is not to close the country, but to actively respond to their challenges.
Well, that's all I can say, please step aside, thank you. "
(End of this chapter)
If Yahoo develops Ali wholeheartedly, Alima will be fine.But the appearance of Yahoo is just to make money, without thinking about the long-term, Alima can't stand it anymore.After accepting many times of pointing fingers, Alima is already dissatisfied.
Of course, the trigger of the matter was that in 2008, Microsoft planned to acquire Yahoo for US$446 billion. If the transaction passed, Microsoft would become Ali's largest shareholder.History has repeatedly proved that Microsoft's involvement in the companies it invests in is much greater than that of Yahoo, and it is a difficult partner to deal with.
Yahoo eventually turned down Microsoft's proposal.Yahoo's investors were outraged when Microsoft's offer, already at a 70 percent premium, was rejected by Yahoo executives.A few months later, the global financial crisis roared, and the honeymoon period between Yahoo and Ali came to an abrupt end.Here, of course, there are reasons why Yahoo has changed coaches, but more because Ali has greatly weakened the market share of Yahoo in China, which made Yahoo a little bit unbearable.
But in fact, this is due to the rigidity of Yahoo's business model, coupled with the decline of the portal website, Yahoo has been unable to survive.The most important thing is that Yahoo no longer has a technical advantage, and Yahoo's own search engine technology is already very backward.Alima told reporters at the time, "If you're not doing your business well, don't get mad at me."
As a result, the relationship between Ali and Yahoo has become stalemate.Alima began to operate to repurchase Yahoo's shares, initially repurchasing 20% of the shares.It was actually a win-win deal, because after netting, Yahoo got the $42 billion in after-tax funding they desperately needed.Ali also promised to buy back a quarter of Yahoo's remaining shares by 2015, or allow Yahoo to sell these shares in the future Alibaba Group IPO.Yahoo and SoftBank also agreed to reduce their voting power on Alibaba's board to less than 50 percent.Alima has regained the control of Ali. So far, Ali's delisting from Xiangjiang is also a matter of course.
Even, Alima purchased the outstanding shares at the issue price of HK$13.5 per share.This seemingly thankless business is difficult for investors to understand.Businessmen can’t get up early without profit, and Alima buys back at the issue price. It seems that there is no profit or loss, but considering the depreciation of the Hong Kong dollar by more than 30% and the interest on funds for four years, the profit after deducting dividends is still more than 50%.Ali then asked for a bank loan to buy these stocks back without actually spending a penny.This treacherous capital game ended with Ali becoming the biggest winner, and behind this is the painful price of countless Xiangjiang shareholders who were once optimistic about Ali shares, believed in Alima as a god, and were obsessed with Ali.
To put it bluntly, Li Xiuqin thought the same way. Through a series of operations, he took away the investment amount of Dingding.com, and then drove the shareholders out of the board of directors, gaining both fame and fortune in one fell swoop.
But can Li Xiuqin really succeed?
Fang knows but doesn't know.
Because if Dingding.com wants to do this, it must be listed, and it can only be operated after it is listed.
Otherwise, Li Xiuqin will always be the founder, but not the actual controller.
"Forget it, introduce MSN...you have to pay attention to this." Fang Jiming is not afraid of MSN. Given the urgency of Bald Eagle Enterprises, it is impossible to make Chinese changes for China.So, what is there to be afraid of for a software that does not undergo localization changes?
Elite people work with MSN?
Whatever it is, those elites, in Fang Jiming's eyes, are all evil, they seem to show their superiority, but they are actually silly and cute.Only a small circle uses MSN, and everyone uses QQ. How can you turn the world upside down?
However, what Fang Jiming didn't expect was that he was surrounded by reporters just after he finished editing the film from Oriental DreamWorks.
"Fang Dong, I'm a reporter from Economic Daily, what's your opinion on MSN's imminent entry into China?"
"Fang Dong, I'm a reporter from "Daily Economics". May I ask if QQ can cope with the challenge of MSN?"
"Dong Fang, I'm a reporter from Economic Weekly, what do you think about the competition of instant messaging software?"
……
Fang Jiming was a little stunned, this style of painting is wrong, isn't he an entertainment star?Why are the reporters surrounding me all economic newspapers and periodicals?
"Everyone, give way, don't surround yourself..."
The bodyguards around him were still very conscientious and blocked all the reporters outside.
Fang Jiming stopped in his tracks, and then said, "MSN? It's very popular abroad, but that's all."
"That's it?"
These reporters were instantly excited, this is a huge news point!
"Fang Dong, can you say a few more words?"
"Fang Dong, isn't MSN putting too much pressure on Feixun?"
"Fang Dong, MSN is coming menacingly, aren't you worried?"
……
Fang Jiming smiled and said: "China is an open market. Any company can enter the Chinese market as long as it abides by Chinese laws and pays taxes on time. MSN came to China to develop. As a competitor, I can't say Welcome. However, competition is unavoidable. If you want to avoid being robbed of market share, you can only improve your own service level and serve users well.”
This is actually a very generous answer. You are welcome to compete, but out of respect for you, I will beat you to death.
If someone understands what Fang Zhiming said, it will definitely be domineering.
I am not afraid of your competition, I am afraid that you will be beaten and dare not come.
In fact, MSN withdrew from China in such embarrassment in the previous life.
No way, QQ has too much advantage in the mainland, and the moat is too deep.Coupled with the boringness of MSN, young people don't want to play at all.Some so-called "business elites" use MSN to pretend.For this situation, Fang Jiming scoffed.
With the urine of a bald eagle, is there no back door to steal confidential information in MSN?Even if you think about it with your toes, you know it's impossible.
If the commercial secrets are leaked and the losses are huge, then no one else is to be blamed, it is these "business elites" who are too stupid.
In fact, Western Internet companies, equipment companies, software companies... will leave back doors to facilitate bald eagles to monitor anytime, anywhere.
However, China is too kind to do business and does not leave a back door at all.
The reporter was not satisfied with Fang Jiming's words, and continued to ask: "Fang Dong, if MSN really entered China, how would you respond?"
"Fang Dong, not only MSN, but also GG, are all planning to enter China. Do you have any countermeasures?"
"Fang Dong, if MSN and GG take root in China, will it have any impact on China's Internet structure?"
……
Fang Jiming said: "This is the last question. You are not a formal interview. Three questions are enough. Let's put it this way, whether they come or not, my company will go out and compete with them all over the world." .If there is no way to compete with them in China, how can we go abroad and go to the world stage? Besides, QQ is developing well overseas, and its users are increasing day by day. Baidu also has a certain share in the Chinese market, so we have to What we do is not to close the country, but to actively respond to their challenges.
Well, that's all I can say, please step aside, thank you. "
(End of this chapter)
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