The youngest son of the chaebol family, Hu Mou Xianmin

Chapter 548 Different Choices, Chen Dongji's Careful Thoughts

With the exception of Pingguo and Amazon, the former giants of the United States Internet were not having a good time.Yahoo, whose market value once exceeded US$1000 billion, was hit by the bursting of the Internet bubble and saw a sharp decline in revenue.

In order to save the situation, Jerry Yang made quick use of his wits and threw hydrangea to Terry Semel, a Hollywood tycoon who has no background in the Internet and does not understand technology, and asked him, an Internet layman, to take the helm of Yahoo. Transform into a media company.

It's just that Lao Yang would never have imagined that it was because of his inconspicuous decision that the subsequent Yahoo's road became narrower and narrower, and finally was surpassed by a group of former Internet boys, and the glory of the once market value of hundreds of billions was gone. Never return~!

……

As for the leading brother in the Internet industry - Microsoft, the situation is not much better~!

In 1998, Microsoft's flagship products: Windows98/NT/2000, etc. successfully occupied the vast market from PCs to commercial workstations and even servers, bringing huge profits to Microsoft: the company also caught up from behind in terms of Internet software. , seizing a large amount of market share.

So far, there is a warning circulating in the IT software industry: "Never do what Microsoft wants to do."It can be seen that the huge potential of Microsoft has penetrated into all aspects of the software industry. It is simply pervasive and invincible.

The huge influence of Microsoft has put great pressure on software peers, and pushed itself into the position of defendant in the anti-monopoly law.Even Intel, a reliable partner for many years, turned against him and confronted Bo in court.

……

It's just that it's not competitors who gave Microsoft a heavy blow, but all the peers in the Internet industry!
After a large number of Internet companies experienced thunderstorms one after another, causing the Internet industry bubble to burst, Microsoft, as the leader, also fell into an embarrassing situation of internal and external difficulties. A large number of external competitors continued to sue, and internal performance declined significantly. , the stock price also fell continuously and many other unfavorable factors!
Simply speaking, the abundant funds accumulated by Microsoft in the past few years still keep this behemoth running, and there is no problem in surviving the 2-3 years of Internet bubble bursting and recession.

------Dividing line------

Shunyang Securities Company (formerly Shunyang Fire Insurance Company), in the office of the president.

Chen Dongji was listening to the call from his baby daughter Chen Ruijun with a smile.

"Dad, I heard from my best friend that the little princess of the Rockefeller family showed off at the dinner last week. With the help of Chen Daojun, she earned 7.75 million dollars with [-] million dollars as the principal in less than a year. Earnings in dollars~!"

"Is this news accurate?! What the hell did Chen Daojun do in the beautiful country to earn so much money?!"

Chen Dongji was shocked by this. This is not a 10% or 20% rate of return, but a rate of more than 150%!

"...It should be stock trading~! But I don't know how they operate it." Chen Ruijun said with some reluctance.

"...Good girl! Please pay more attention to your father. What investment projects does Goldman Sachs Group have. Dad plans to refer to their investment direction and invest in the beautiful country~!"

"Okay, Dad!" Chen Ruijun quickly understood Chen Dongji's hint, after all, Chen Daojun made so much money, they copied homework after each other, and they could also eat some meat and drink some soup~!

……

Goldman Sachs Group, inside the CEO's office.

After hearing Eric report that in the past six months, their Goldman Sachs Group had earned more than 40 billion US dollars according to Chen Daojun's investment plan, far exceeding expectations, James was in a pretty good mood~!

"It's just news from BOSS that he told us to cash out the stocks and bonds as soon as possible and wait for the next order."

"Oh? Is that what Chen said?" James was a little surprised. Although they were hyping up

"But the BOSS told us to stop now, and we may lose more than 20 billion dollars in revenue..." Eric said hesitantly.

After thinking about it for a while, James said calmly, "...Since Chen said so, let's act according to what he wants~!"

"This guy is world-class in controlling the risks of the stock market~! Whether it's Black Friday, the Asian financial turmoil, or last year's Internet industry explosion, Chen can always detect the signs that something is wrong at the first time~!"

Hearing that James very much agreed with Chen Daojun's proposal, Eric was completely relieved.The big leaders agreed, so he just needs to operate according to their requirements, and even if there are any problems in the follow-up, he, the specific operator, does not have to take the blame~!

……

As CJ Entertainment integrates the resources of branches and franchise companies in Bangzi Country, Sun Country, and Xiangjiang, its famous singers and artists have begun to announce cross-border participation, participate in variety shows, and even hold cross-border concerts various operations.

In particular, the records and variety shows of female singers such as HOT, Fin.kl, and Kim Jong-kook from Bangzi Country, Namie Amuro, Ayumi Hamasaki, Kumi Koda, and Ami Suzuki from Sun Country have attracted great attention in Yanxia Country. Many young people and even middle-aged people turned fans and became their fans and supporters~!

The huge competitive pressure caused other entertainment companies in Yanxia Kingdom to shout "Wolf is coming"~!Compared with these foreign singers and entertainers, only veteran entertainers in Xiangjiang and Baodao can still hold up the scene.

As for the young singers who had just debuted in China a few years ago, they were squeezed out and had no power to fight back. The bosses of entertainment companies also had a headache. They all cursed CJ Entertainment for "not following martial ethics" and actually doing this "The King Enters Bronze and Silver" The drama about "torturing a dishonest person" really bullied them so much~!

……

Watching the domestic news media rushing to report, the concert tickets being snatched up and many other good news, the smile on Hong Zhiqing's face as the CEO of CJ Entertainment has never disappeared, because the entertainment industry brings benefits to the company, It is also amazing~!

In just a few months, CJ Entertainment has exceeded hundreds of millions of RMB in revenue, and its net profit has exceeded more than 4000 million. Such amazing results are even compared to some mid-to-lower listed companies in Yanxia Country. , no less impressive~!

……

"Mr. Hong, there are many entertainment companies in China who have great opinions on us, and even some unscrupulous media have sent negative reports saying that we are 'worshiping foreigners' and suppressing domestic artists~!" A female assistant held the market The department's latest situation information is being reported to Hong Zhiqing.

"These guys are not very capable, but their methods of slandering others are top-notch!" Hong Zhiqing said with some disdain, "Don't Tangren Film and Television also have a lot of artists signed? Go and talk to them, let's talk about it. They pick a few good ones to prop up the table, and we build momentum for them~!"

"As for the unscrupulous media, sue them directly, and never withdraw the lawsuit until they publicly apologize and pay compensation~! How can the reputation of our CJ Entertainment be so easily slandered?!" Hong Zhiqing said domineeringly.

(End of this chapter)