Jeff Bezos looked at Feng Yu. Why was Feng Yu so happy when he was listening to his report? Why did his face turn black after reading the report?
There are no problems with the report, and Feng Yu's people are in charge of the finance department. Jeff Bezos does not dare to falsify the report.
Jeff Bezos saw Feng Yu staring at the profit figure and realized that Feng Yu is not satisfied with the net profits.
"General Manager Feng, we are still losing money in the first half of the year, and we started to make profits in the second half of the year. In the last quarter, our profits had reached 3 million USD! "
Feng Yu looked at the report carefully. So, it's because of the losses in the first half of the year, and the losses were recovered in the second half of the year. Feng Yu is satisfied with the profits in the second half of the year, and the profits are close to 5 million USD.
After all, online shopping is not the mainstream now, and many people were bankrupted after the dotcom bubble burst. Jeff Bezos is not bad to be able to turn losses into profits in this bad economic year.
More than 100 tech companies in North America had gone bankrupt after the dotcom bubble burst this year, and more than half of them are listed companies.
Moreover, this number was still increasing.
Some of the other industries' share prices had fallen due to the dotcom bubble, but the tech companies are still not doing well.
In Feng Yu's previous life, the tech companies started to make a comeback in the second half of next year. But because of that incident, the company's share prices plunged again.
It wasn't until 2004 that he finally recovered.
Feng Yu nodded. "Not bad. The company is doing well. You have done a good job to develop the company to this stage with so little funds. "
Amazon is not listed, and they do not have as much funds as Feng Yu's previous life. That's why Amazon's investments now are not as much as Feng Yu's previous life. Of course, the initial investment is much higher than in Feng Yu's previous life, and they have an advantage in the early stages.
"General Manager Feng, are we really not going to be listed next year? If we are going to be listed, we will not be able to set up our logistics bases in South America and Europe. The investments are not small. "
Amazon's logistics base in Canada is built with loans.
Feng Yu thought for a while. Amazon is a US company, and it will be detrimental to Amazon's brand if they get delisted after getting listed.
This was different from Sina and other companies. They mainly focused on Chinese websites, and their users were mainly Hua Xia people. In the future, after the company is delisted from NASDAQ, it can be re-listed in Hong Kong.
But if Amazon is delisted from NASDAQ, it will be hard for it to get listed on NYSE. Hong Kong, Tokyo, and London are not as developed as New York.
Amazon will be listed sooner or later. Investing in an online retail company might not be a bottomless pit, but it will cost more than a physical retailer.
If Feng Yu continued to invest, of course, he could afford it, but that would continue to dilute the other shareholders' shares. Feng Yu had promised Jeff Bezos that he would retain a certain amount of his shares. Unless the company needed financing, it would not be diluted. In this way, Feng Yu would suffer a loss.
Although Feng Yu could completely break the contract, Feng Yu did not want to do so. A good reputation can help him make more money. If his reputation is tarnished, he will need to spend a lot more.
Furthermore, Jeff Bezos is a talented person, and Feng Yu does not want to lose him. Money is valuable, but talent is hard to come by. A talented person can help him make more money.
"Let me think about it."
At night, Feng Yu called Fu Rongqi to ask him about this.
"Nephew Feng, you should not have made this promise to him. Since you are the company's major shareholder, you have the final say. Either he uses the money to invest with you, or his shares will be diluted. " Fu Rongqi sighed. "The company should be in your own hands. How can you hand it over to someone else?"
"But I have to make all the decisions for the company. It will be tiring."
Fu Rongqi: "… …"
Tiring, and still want to make money? There are so many good things in life!
But this Feng Yu seemed to have given away all his power to others and let others help him manage his businesses. Then, he can earn money without doing anything.
"Since that's the case, you can only get financing." The company already has loans, and the amount of loans will not be high. According to Feng Yu, he wants Amazon to take over most of the European and US markets.
Now, Feng Yu must make use of this opportunity to expand his business. This is because Amazon is not the only company in the market now. If others occupy the market first, it will be hard for Amazon to enter the market.
Of course, there is another way. That is to spend a lot of money to acquire the company. This way, he will have a mature user base.
In Feng Yu's previous life, Amazon had used this strategy. For example, in Hua Xia, they had acquired Zhuoyue website and changed it to Zhuoyue Amazon.
The funds for the acquisition are also from financing.
These types of listed companies are good at using other people's money to expand their scale. When the scale reaches a certain level, it will form a monopoly, and the company will be able to make a lot of money.
"But if we get listed now, we might not be able to raise a lot of funds." It was hard for internet companies to get listed now. Even after they got listed, they will be ignored. A few companies that wanted to get listed were delisted because no one was interested in their shares. Two of them went bankrupt within a month.
In Nasdaq, those companies that failed to get listed and were about to go bankrupt within a month still managed to get listed. This shows that there are loopholes in Nasdaq's management.
"We don't need to get listed for financing." Fu Rongqi laughed.
Financing and not getting listed? Fu Rongqi is talking about targeted financing?
"Uncle Fu, are you saying that you have the intention to buy Amazon's shares?" This is the dotcom bubble, and there are not many people who dare to invest in internet companies.
"What's wrong? Can't I?" Fu Rongqi asked.
The stock market is not doing well now, and there are many fluctuations in gold, oil, and Forex. There is nothing worth investing in.
Fu Rongqi has money, and Feng Yu has high hopes for this company. Fu Rongqi can also tell the potential of this company. Why not invest in it?
He also believes that Feng Yu will give him a reasonable price and will not let him suffer any losses. Furthermore, this way, Fu Rongqi can get closer to Feng Yu.
Feng Yu is Asia's Top Billionaire at such a young age, and he had surpassed Superman Li and is catching up with Bill Gates. Fu Guangzheng and Fu Guangwei were not confident. Fu Guangzheng decided to let his son have some connections with Feng Yu. This way, both families will be united.
"Uncle Fu, how much are you willing to invest?" Feng Yu asked.
"I don't mind investing within 1 billion USD!"
"Alright, Uncle Fu, I will definitely give you a suitable price."
… …
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