Winning the new financial era

Chapter 444 APP Factory
The focus of the directors quickly shifted from Pinduoduo to Blue Hole Studio.

Zhang Yida began to describe Zhonghe Group's future game blueprint to them.

"In China, we can use the promotion resources of Douvision, Kuaishou, Rocket Video, and Bilibili to conduct game live broadcasts, allowing users to shoot short videos to promote the game.

Abroad, we also have musical.ly, a big killer covering hundreds of millions of young people.

The PC side has achieved such brilliant results, and the mobile side...that is a gold mine.

We adopt a free model and monetize through props...

Proper operation can increase revenue by at least US$20 billion a year. "

Bao Zheyu quickly figured out that with an annual revenue of 20 billion US dollars, based on a price-to-sales ratio of 5 times, the game business sector can also reach a valuation of 100 billion US dollars.

It can almost offset the losses caused by the damage to Pinduoduo’s business.

Besides, Pinduoduo is not dead yet.Even without Penguin's traffic tilt, live e-commerce should be able to make up for one or two.

He began to convince himself that one side was the e-commerce business with bottomless losses, and the other was the cash cow business.

For money, don't talk about falling out with Penguin.Even if you turn against God, you are not afraid.

"What is the valuation of Blue Hole Game Studio?"

Bao Zheyu was the first to ask everyone's aspirations.

"50 billion dollars!" Zhang Yida replied.

All the directors nodded, this price is reasonable.A company that became famous with one game in one fell swoop lacks foundation, who knows if you can maintain this momentum in the future?

Give too high a valuation, and they will definitely not do it.What's more, this company is still solely owned by Zhang Yida, who knows if there is anything tricky about it?
"Zhonghe Group first acquired Kuaishou, and then set up companies with various investments. Don't you have so much cash in your account?" Heishi Zhang Liping asked.

Zhang Yida nodded, and said, "So I plan to adopt a full-equity merger.

With the continuous cash flow from the game and advertising sectors, the development of the e-commerce and entertainment sectors will also be strongly supported. "

A group of directors had a heated chat with Zhang Yida, while Liu Zhiping watched all this with cold eyes.

From his point of view, Zhang Yida is determined to make a game. Is this the rhythm of being at odds with Penguin?

No, I have to inform Pony immediately, let him give up all his illusions, and suppress the Zhonghe Group in an all-round way.

In addition, the stocks in hand can't be kept, and all of them are exchanged for cash, which happens to be used to fight Zhonghe Group.

The board of directors ended, and Zhang Yida appeased all shareholders except Penguin, and reached a resolution to acquire Blue Hole Studio.

Zhonghe Group dispatched a due diligence team and will go to South Korea to complete the transaction in the shortest possible time.

At the same time, Zhonghe Group listed two subsidiaries, one called Zhonghe Games and the other called Zhonghe E-sports.

In addition, Pinduoduo received a special fund of US$5 million from the group headquarters.

This fund is not used for other purposes, it is exclusively used to guide users to migrate from WeChat to Pinduoduo's independent app.

Pinduoduo pulls data from the background, specifically for users who shop on WeChat applets and official accounts, and each issues a few vouchers, which are limited to use in the app.

In addition, personnel are still being organized to develop "password spelling", preparing to learn Taobao's Taobao password to avoid WeChat's traffic blocking.

The traffic entrance of the Zodiac Grid is currently reserved by Penguin for Pinduoduo.

Because the signed agreement has not yet expired, Penguin did not dare to violate the agreement and remove it from the shelves, after all, it would have to pay sky-high liquidated damages.

However, the banning of WeChat groups, WeChat public accounts, and mini programs still makes Pinduoduo uncomfortable.

At this point, Zhang Yida no longer has illusions about Penguin, and is trying his best to create an independent app traffic for Pinduoduo.

Fortunately, Pinduoduo currently has 3 million users. Although Penguin's ban is hurtful, it will not kill Pinduoduo with a single stick.

After Tiantian Toutiao went online, in addition to getting a number of short video software promotions and drainage, it also started a set of game playing methods similar to Pinduoduo, watching the news and inviting users to make money.

To be honest, this gameplay is not suitable for long-term play, and Qu Toutiao has entered a dead end in the previous life.

Once the user subsidy is stopped, a large number of users will be lost, directly turning users into wool parties.

Zhang Yida is considering gradually replacing user rewards with Pinduoduo shopping coupons, and it would be great to guide users to go shopping on Pinduoduo.

The newly developed movie ticketing software "Buy Ticket Man" is also launched on multiple platforms such as Pinduoduo, Touronghui, Doushi, and Kuaishou.

Buying Tickets has cooperated with many offline theaters including Wanda Cinemas, and its functions are similar to those of Tao Piao Piao and Maoyan Movies, mainly in terms of market share.

It takes time to accumulate and burn money to make up the gap slowly.

After Rocket Video obtained the copyright authorized by LeTV, it finally set up the shelf for each column of the long video.

Although they are all old movies and TV series, and they are not exclusive, at least the software is not as miserable as before.

Rocket video is currently all implemented for free.DouTV and Kuaishou will also play some edited movies and TV series highlight clips to attract users to download rocket videos.

The number of users of Rocket Video is increasing steadily, and it is getting closer and closer to the goal of 5000 million daily active users.

But Zhang Yida is very clear that Rocket Video's current foundation is still very shallow.If you want to catch up with Youaiteng, you need to invest more in self-made content and copyright procurement.

The leather bag company Zhonghe Films also pulled up a shelf and recruited more than a dozen film and television investment related practitioners.

Two investments were made, one was invested in Wandering Earth, and the other was invested in Nezha: The Devil Boy Born into the World.

……

"Old Xu, it's definitely wise for you to give up on Wucheng, and choose to form an alliance with Bole."

Hearing what Zhang Yida said, Xu Dandan was somewhat embarrassed.

Because it was not an alliance at all, but selling himself, he planned to sell the controlling stake in Lagou.com to Zhonghe Group.

Originally, he and Qiancheng Wuyou were going to talk about it, but angel investor Xu Xiaoming brought him to Zhonghe Group.

He and Zhang Yida had known each other a few years ago, and both were members of the Young Entrepreneurs Association.

Seeing his junior Zhang Yida's career growing day by day, he first slapped Ali, and now he slapped Penguin, and everyone in the industry praised him.

The world has been suffering for a long time for raccoons and penguins!
Even Mei Tuan and Didi have to rely on others, let alone ordinary entrepreneurs!

Regardless of whether Zhang Yida wins the battle or not, it will not affect his position in the minds of domestic entrepreneurs in the slightest.

If Penguin wins, the position of the third largest Internet company in the country will be stabilized.

He is 13 years older than Zhang Yida, and started his business a few years earlier, but now he has reached the point where the company sells himself, which is embarrassing.

Xu Xiaoming introduced the asking price of 1.2job, $60 million for [-]% shares of Lagou.com.

In other words, Lagou.com is valued at US$2 million.

Zhang Yida had seen the financial report of Lagou.com before, and last year's revenue was nearly 2 million yuan, and the company's valuation of 2 million US dollars is not high.

The choice to acquire Lagou.com is also due to the other party's status and influence in the field of Internet vertical segmented recruitment.

Together with Lagou.com, Xiaomeng and Bole.com, the three companies can just form an ecological closed loop of campus social networking, workplace social networking, and Internet recruitment.

Zhang Yida actually wanted to acquire Lagou.com wholly, but Xu Dandan was unwilling.

When he was negotiating with 60job, he was only willing to sell [-]% of the shares.

"Yida, keeping 40% of the shares in the hands of the management will also help mobilize their enthusiasm." Xu Xiaoming persuaded from the side.

Xu Xiaoming also said: "For Zhonghe Group, e-commerce, short video, and pan-entertainment are the core sectors.

Xiaomeng, Bole, and Lagou.com are all tied together without a billion dollars. "

Xu Xiaoming is also floating now, and a billion dollar unicorn is nothing to him.

But what he said was very reasonable. Zhang Yida thought about it, and he really should focus on the big and let go of the small, so he agreed to Xu Dandan's request.

Invested 1.2 million U.S. dollars in cash to Lagou.com, and acquired 60% of the company's shares. Lagou.com became a subsidiary of Zhonghe Group.

Counting Lagou.com and Bluehole, which is about to be acquired, Zhonghe Group already has 15 subsidiaries, which can be called an APP factory.

The other 13 companies are: Douvision, Kuaishou, Pinduoduo, Musical.ly, Jimeng, Bole, Xiaomeng, Tiantian Toutiao, Rocket Video, Buy Ticket Xia, Zhonghe Games, Zhonghe E-sports, Zhonghe Pictures, etc. Subsidiaries already in operation.

The three companies Zhonghe Chinese Network, Zhonghe Animation, and Zhonghe Music have been registered, but they have not officially opened yet.

In addition, Station B, Noon Sunshine, and Canxing Culture are three joint-stock companies.

(End of this chapter)