Hexagonal God

Chapter 634 Global Shopping Spree

And that's not all. Next, Moyin's Series B valuation reached 800 billion US dollars!
In Su Mo's dream, the overseas version of the most popular software in China was valued at over 300 billion US dollars. Su Mo's current Moyin is even more popular than that, and 800 billion is not much.

However, since Su Mo holds a 70% controlling stake, this adds another 160 billion US dollars to the company's revenue.

Although the Su Tang Guild did not reach the heights of Drinking Water and Mo Yin, its valuation still reached 350 billion US dollars.

This guild has too many top streamers, especially during the Su Shi Mo Ri promotion, the streamers of the entire Su Tang guild directly generated a global revenue of 350 billion RMB.

Therefore, this valuation also rose sharply during this wave of frenzied sales, leaving everyone astonished.

Finally, there's SuTang Shipping. This company was originally a high-income enterprise among all of SuMo's businesses, comparable to electric vehicles. After several rounds of global expansion, it has become a behemoth.

Thousands of ships of various types, hundreds of ports, hundreds of shipping routes, countless warehouses and logistics parks, and the ability to exchange groundwater for Middle Eastern oil, all contribute to the company's promising stock performance.

With a Series B valuation of $850 billion, SuMo is the champion of this round of financing.

The four companies that received Series B funding, along with the listing of the real estate company, made Su Mofu extremely wealthy.

The company has a total valuation of three trillion US dollars. The Series B investors will take 20%, and the real estate investors will take 30%.

Su Mo now has more than five trillion RMB in cash.

Even if Su Mo didn't say anything at this point, countless people in the world were already holding him accountable.

In the end, everyone estimated that Su Mo's wealth had reached an astonishing 4.8 trillion US dollars!
This number may still be somewhat behind the world's top families, but don't forget that Su Mo's rise to power has only happened in the last two years.

Those families have accumulated wealth over a century, so it's really hard to say which one is stronger.

The Sutang Group's series of large-scale spending has clearly touched a nerve in the Western world.

Major newspapers such as the New York Times and The Times have published extensive reports on the Su-Tang Group and expressed great concern.

The Western world is losing its global leadership position.

In terms of corporate competition, the Western world has lost.

The rise of Su Tang signifies the arrival of an era in the East.

The world is about to be reshaped, are you scared?

The articles described the current situation of the Sutang Group.

If Su Mo only possessed this wealth, then it wouldn't be so bad; it would simply mean that the world had gained another top-tier family.

However, what they emphasized was the terrifying potential of the Su Tang Group in its current state.

In particular, the continuous breakthroughs made by SuTang in high technology, as well as the group's efficient management system and positive atmosphere, all prove that the group is in a period of rapid development.

Look at China, you can see elements of the Sutang Group everywhere.

The number of gasoline-powered cars on the streets is rapidly decreasing, while electric cars are quickly being put into service, all of them from Su Tang.

As other water plants continue to close down, Sutang mineral water has become a necessity for Chinese people and even people all over the world.

Most people make their online purchases through livestreamers from the SuTang Group, as this signifies good quality and guaranteed after-sales service.

When people travel, the first thing they think of is signing up with Su Tang Travel Company.

People went to see the movie and went back to Su Tang's cinema.

I was playing games on my phone, and the games were also made by Su Tang Games Company.

When buying a house, they prefer the communities developed by Su Tang because of their good quality and property management.

Even watching movies and TV series, and listening to music, is dominated by Su Tang.

The company's computer programs, artificial intelligence services, drinking water in Hong Kong Island, and schooling for children in the western region.

Su Tang began to cover all industries and continued to expand.

Furthermore, their high-tech industries are clearly designed to compete with the Western world, especially the United States.

What about other Asian countries?

South Korea's economy is in rapid decline, and both Samsung and Hyundai are facing a survival crisis, especially Hyundai, which is on the verge of collapse.

Samsung isn't much better; it's said that SuTang's phone has already started testing, and its performance far surpasses that of Apple and Samsung.

Once this company goes public, it will have a powerful impact on the few remaining manufacturing industries in the West.

Japan is similar; their people are even more reliant on the automobile industry, with brands like Toyota, Honda, and Nissan.

One after another, car companies are beginning to decline, and it is estimated that they will also be swallowed up by Su Tang in the future.

Their group is even building airplanes, and Su Mo even said they want to land on an alien planet.

Landing on another planet is certainly a good thing, but why isn't this good thing led by Westerners?

Although countless people still have doubts about this matter, seeing Su Tang's continuous achievements, who dares to say that Su Mo is definitely not capable of doing it?

Once that day comes, will they still have a voice in the world?
Will white people be relegated to a second-class ethnicity as a result?

These things caused them immense worry.

Another thing that worried them was that after completing the company's IPO, Su Mo had plenty of funds and began a massive global buying spree.

He doesn't buy ordinary goods; he buys companies, ports, canals, mines, and the like.

His shipping company is now planning to acquire Evergreen Shipping in Taiwan.

Evergreen Shipping is on the verge of collapse. When Su-Tang Shipping was sanctioned, they enjoyed a few days of glory, but as Su-Tang Shipping fully recovered and soared to new heights, Evergreen Shipping was squeezed out and had no business left.

The fact that Evergreen's container ships can't even get into port speaks volumes. Shipping companies no longer trust Evergreen, and if the company is acquired, it will be a huge blow to Taiwan.

Regarding ports and canals, Su Tang personally went to Hong Kong Island and had a long talk with Li Ka-shing. Afterwards, he acquired many of Li Ka-shing's ports, as well as the most important waterway, the Panama Canal, for 55 billion.

After controlling the Grand Canal in Thailand, Su Mo will then control the Panama Canal. He has already gained control of one-third of the world's most crucial shipping route.

If these actions weren't surprising enough, then the moves made by Sutang Mining, the newly established subsidiary of Sutang Group, were truly astounding.

With Su Mo's continuous financial support, the company began a frenzied acquisition of various mineral resources around the world.

For example, Mongolia's coal mines and rare earth elements.

For example, iron ore and gold mines in Australia.

For example, Russia's natural gas and rare metals.

Furthermore, the Sutang Group directly invests money in mineral resources from many African countries, as long as they set their sights on them.

This is a simple and direct approach, and also the most effective one.

How many people in the world can truly withstand the onslaught of money?

Such people do exist, but they are usually pure-hearted or without desires.

For example, genuine monks and nuns, or people who are seriously ill, etc.

However, such people are too few. The world is bustling with activity, all for profit. Under the financial offensive of the Su-Tang Group, too many countries have fallen.

For example, Mongolia actually sold its rare earth mines to the Suttang Group, a move that left the Americans in despair.

Because there are only a few countries in the world that produce rare earth elements, mainly China and Mongolia.

Rare earth elements are essential for many high-tech products and are very important strategic resources.

As a result, the Western world will have to face China and the Su-Tang Group's strangulation in many aspects, which will make them uncomfortable.

The short-sightedness of the Australians also drew criticism from the Western world. After Su Mo offered a high price of 100 billion US dollars, they directly awarded the one-year mining rights of all iron ore mines in the country to Su Tang Group.

They may feel that a one-year mining right is insignificant.

But would Su Mo do a business that loses money?
Do these Australians not understand how important steel is as a strategic resource?

What shocked Westerners the most was that Sutang Mining Company had actually entered Greenland.

Perhaps it is the icy and snowy environment of Greenland that makes mining more difficult, which is why Sutang Group has sent an unusually large number of people there.

Nearly 50,000 miners have already arrived in Greenland, and the number is still increasing.

They don't know what the Danish government was thinking, allowing Chinese miners to obtain Greenlandic residency.

As for those African countries, needless to say, Su Mo gave them a little money, and they were eager to sell all their domestic mineral resources to Su Tang Group.

Between June and July, over a period of fifty days, Su Mo traveled all over the world, spending money on a buying spree, spending over three hundred billion US dollars and acquiring countless mineral resources.

Among them, three deals were his proudest.

Rare earth elements from Mongolia, iron ore from Australia, and the introduction of Greenland.

Entering Greenland was something Su Mo had planned ahead of time.

Greenland has an area of ​​over two million square kilometers, but its local population is only about 60,000 to 70,000. It is a colony of the Danish government and an exclave.

If the United States wants to take over Greenland in the future, it will need a vote by all the islanders.

But since they don't have that idea now, Su Mo is trying to add sand into it.

To maintain his position, he made a special trip to Denmark to meet the woman who was about to become prime minister.

With her perfect smile and charm, as well as some investment contracts in Denmark, Su Mo successfully persuaded the Danes to agree to the request that Chinese miners could become local Greenlanders after entering Greenland.

The government cooperated with Su Mo in this matter, allowing the undocumented worker to renounce his citizenship and become a Greenlander.

At this time, the country did not know exactly what Su Mo would do, but Su Mo told the leaders that these people who had renounced their citizenship would return sooner or later, and he would find a way to incorporate this land into Chinese territory.

While everyone was still unaware of the importance of this matter, Su Mo was already going all out.

However, in late July, thanks to constant reporting and hype in the Western world, something finally happened.

During this period, most of Su Mo's acquisitions were paid for in RMB.

After all, for Chinese people, large transactions are still more convenient with RMB.

For example, transactions are conducted in RMB in Russia, Mongolia, and even in Africa and Australia.

Seeing this situation, the Obama administration once again took advantage of the Federal Reserve's dominant position and announced a ban on the use of the yuan for international trade payments.

The only legal tender in the world is the US dollar, and the virtual currency within the blockchain.

For example, Bitcoin, a virtual currency they have been vigorously promoting, has now skyrocketed to over $20,000 per coin and is an important part of their national economy.

They intend to use this method, along with raising the exchange rate of the US dollar against the RMB, to once again strangle the Sutang Group.

This is the dominant advantage of the US dollar; all countries have gold reserves in it and dare not disobey it.

As long as the US dollar remains the world's reserve currency, they will have an absolute advantage.

This is a new round of sanctions against Su Tang, which will make it much more difficult for Su Mo to use RMB to acquire mines globally.

(End of this chapter)