"Boss, we had acquired Garden Information Website, and it is our sole proprietorship now." Ralph called to report.
"You've done very well. I had asked you to contact those two professors to buy their Sohu shares. How is it going? "
Feng Yu is satisfied. After acquiring Garden Information Website and Wang Zhixi's website, Sina will overtake Sohu and NetEase to become the biggest Chinese web portal.
Sohu and NetEase are one step ahead. Sohu was founded with venture capital, and Zhang Chaoyang had gotten a small amount of venture capital with the support of the two leaders. The three of them split the company's shares equally.
NetEase is founded by Ding Lei, and he owns 53% of the company's shares.
But both companies are facing a bottleneck, mainly due to lack of funds. In Feng Yu's previous life, Ding Lei had gotten Sun Zhengyi's venture capital, and NetEase grew rapidly.
Sina had also gotten Sun Zhengyi's investment, and Sun Zhengyi loves to invest in internet technology companies.
But in this life, Sun Zhengyi will not expect Hua Xia to make money like this. Because Zhang Chaoyang and Ding Lei had contacted Taihua Consulting.
Since Feng Yu had contacted them, he will not let them go to that Japanese company. These three companies are good, and they will be the top three Chinese web portals in the future. Within 5 years, they will bring in high profits for Feng Yu.
If these three companies get listed, Feng Yu will make a lot of money in 2 to 3 years.
Sun Zhengyi had invested 100 million USD into Asian Tiger two years ago and got one-third of the company's shares. This year, he had sold out 2% of the shares, worth 400 million USD! That is a return of more than 10 times, and Asian Tiger's shares are still rising.
Although Sina and the rest might not have the opportunity like the Asian Tiger, their share prices should be able to increase by a few times after they got listed. Ten times returns should be a piece of cake.
"Boss, one of the two professors agreed to sell it to us. The price is a little high, but it doesn't exceed the standard you set. The other professor doesn't seem to want to sell. His offer is double the price you set! "
Tsk ~
Feng Yu felt a headache coming on. His standard was double the price, but that old fellow actually doubled the price. Didn't that mean he wanted Feng Yu to buy it at four times the price?
But thinking about the future development of Sohu, it should be worth it! More importantly, the value of Zhang Chaoyang and his team couldn't be measured with money.
"Continue the negotiations. We must acquire it at all costs."
Ralph knew Feng Yu's determination when he heard his boss's words. Even if the price was four times higher, it would still be acceptable. Of course, Ralph wouldn't really pay four times the premium. If that was the case, why would the boss want him?
"Understood."
This way, Ralph will own the controlling stake of Sohu. He will also get the controlling stake of Sina.
But NetEase doesn't look like it's possible. Ding Lei wants to be the boss.
But to Feng Yu, it doesn't matter. Anyway, these companies will cooperate with him in the future. If Sina were to develop their email business first, NetEase might not be as successful as in Feng Yu's previous life.
Feng Yu had divided the businesses of these three companies. Sina will be merging with Garden Information, and it will be unique in its news business, especially overseas news. In the future, Sina will be able to develop a blog and Weibo.
Sohu will be focusing on video hosting and will continue to be the leader of Chinese forums.
NetEase will be focusing on email and games. They might even develop their own games in the future.
Of course, these businesses can also overlap, but there must be a priority. Feng Yu must let these three websites form a healthy competition and grow together.
Feng Yu had thought of merging these three websites. But after some consideration, he felt this was not a good idea. Splitting them into three companies will allow them to grow faster and prevent the rise of other internet companies.
… …
Wang Zhixi went to Taihua Consulting again. He had reached an agreement with Ba Da Company, and Ba Da Company agreed to sell off their shares. But not all of their shares, and they still have some restrictions on the shares.
After Sun Lijie heard Wang Zhixi's conditions, he nodded to Feng Yu. "This condition is fine. I think I can accept it."
After all, after acquiring Garden Information, Taihua Consulting will be the controlling shareholder of Sina. It will be better to acquire more shares, but it doesn't matter if Sina does not get the shares.
With Ba Da Company's shares, it might be better for Sina's development. After all, this company has a strong background.
"Wang Zhixi, have you thought of the company's development direction after our discussion?"
"News. I think the people are most interested in the news. Many people read the newspaper before they go to work. But with the internet, people will see our news page every day when they click on our website. This will increase the number of page views, and many companies will be willing to advertise on our website. "
"Our news has some advantages that the newspapers do not have. We can collect news from all over the country and even overseas. This was something no other website could do. We can also sell some value-added services, like providing an online platform for companies. "
"Good. This will be the best for our company. Let me briefly explain my thoughts. First, the timeliness of the news. Second, the region of the news. Third, the interest of the news. "
Of course, Wang Zhixi understood the concept of timeliness, but what did he mean by region? Also, why does the news need to be interesting? Shouldn't the news be truthful?
"Timeliness means when something big happens, we will be the first to report it. We will let our users remember that our news is the fastest."
"Region means we will use the IP address of the internet or the place of registration to recommend the news to our users. It is just like how people like to read their local newspapers."
"Interest means our news will not only focus on current events, but we can also report on interesting things. For example, some entertainment news, some strange people, some interesting news, and so on. Most people read the newspaper to kill time. Interest is the easiest way to attract users. "
Wang Zhixi looked at Feng Yu with admiration. "Thank you, General Manager Feng, for your advice. I know what to do now."
His tone was filled with a sigh as if he had saved himself ten books by listening to his words.
Feng Yu pretended he was not joking. This is one of the characteristics of online news in his previous life. Sina website was the first website in his previous life. Feng Yu had only told Wang Zhixi and Wang Zhixi's idea in advance, and Wang Zhixi idolized him.
Feng Yu felt good when he was giving advice to a big shot in his previous life and was idolized by him!
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