Entertainment: A whirlwind marriage with a fairy-like mother at the start!

The next day, Yu Le was helping Yu Muchen learn to walk.

The little one has already gotten rid of the walker and can take a few steps with his short legs, looking quite capable.

Just then, his phone rang, and the caller ID showed Ma Huateng.

At that time, Tencent had not yet truly developed in the gaming sector, and only some projects in the Penguin Games Hall were profitable.

But compared to the money-making frenzy of games like "DNF" and "CF" in the future, it's nothing.

This is precisely why Tencent Music, which collaborates with Yu Le, generates incredibly high revenue, accounting for over 30% of Tencent's current revenue.

Having tasted success, Ma Huateng naturally set his sights on Xianyu Video Network.

Entering 2005, with the rapid development of bandwidth, the number of users of Xianyu Video Network continued to rise, and it was about to break through the 20 million mark!

"Feed? Pony." Yu Le held the phone between her shoulder and ear, supporting the chubby boy with both hands, and helped him move forward step by step.

"What's wrong? Missed me?"

On the other end of the phone, Ma Huateng gave a wry smile.

"Mr. Yu, please stop teasing me."

Yu Le gently placed Yu Muchen on the carpet and let him sit and play by himself.

He walked to the French windows and looked at the tender green willows outside.

"Speak your mind directly. I dislike beating around the bush."

Ma Huateng remained silent for a few seconds.

"That's right, Mr. Yu."

"Xianyu Video Network... We at Tencent want to invest in it."

Yu Le raised an eyebrow, revealing a meaningful expression.

"Investing in me? Pony, things are different now."

"The current Xianyu Video Network is a hot commodity."

"How do you plan to invest?"

Ma Huateng's voice sounded somewhat hurried.

"I'd like to come to Beijing to discuss the specific plan with you in person."

When would you be available?

..........

three days later.

The reception room of a five-star hotel in Beijing.

The windows were bright and clean, and a faint aroma of coffee filled the air.

Ma Huateng sat on one side of the long table, his expression serious, and his eyes behind his gold-rimmed glasses revealed a hint of undisguised tension.

Beside him, the MIH representative, a blond-haired, blue-eyed South African, was also sitting upright.

With a creak, the door to the reception room was pushed open.

Yu Le stepped in.

He was wearing a loose casual shirt and canvas shoes, exuding a relaxed vibe.

He was also carrying a bulging brown paper bag, which looked like it contained some snacks.

He casually pulled out a chair, sat down, and placed the paper bag on the table.

"Pony, an old friend of MIH, long time no see."

He nodded to the two of them.

Ma Huateng quickly stood up, forcing a warm smile on his face.

"Mr. Yu, you've finally arrived! We've been waiting for you for ages."

Yu Le waved his hand: "Don't be so polite, let's get down to business."

"I don't have much time. I have a little one waiting for me to go back home to breastfeed."

Ma Huateng and the MIH representative exchanged a glance, both seeing a hint of helplessness in each other's eyes.

Ma Huateng cleared his throat and pushed a document in front of Yu Le.

"Mr. Yu, this is Tencent's preliminary evaluation report on Xianyu Video Network."

"We believe that Xianyu Video Network has enormous potential in terms of user base, content reserves, and business model."

"Therefore, we hope to have a deeper level of cooperation with Xianyu Video Network."

Yu Le picked up the report, symbolically flipped through two pages, and then threw it back on the table.

"Stop with the pleasantries. Get straight to the point: how do you want to cooperate?"

Ma Huateng's expression froze for a moment, then he smiled ingratiatingly and said, "President Yu, you should tell me what's most suitable."

"If you ask me, it's the same old rule." Yu Le crossed his legs.

"I will exchange 51% of Xianyu Video's shares for Tencent's shares."

"However, this time, I need 10% of Tencent's shares."

The moment these words were spoken, the air in the reception room froze.

Ma Huateng's smile also froze.

10%!

This is no small amount.

If Yu Le acquires another 10% of Tencent's shares, combined with his existing 18%, he will hold a total of 28% of Tencent's shares!

Considering that MIH and Ma Huateng's team's shares will be diluted by nearly 5%, Yu Le will become Tencent's largest shareholder in all but name!

"Mr. Yu!" Ma Huateng's voice trembled slightly.

"Isn't this...a bit too much of an appetite?"

"Back then, you only exchanged 8% with Saltyfish Music!"

Before they arrived, their internal discussion had set a bottom line of 8%, which would allow them to barely maintain their leading position in Yu Le's equity.

Yu Le spoke slowly and deliberately.

"Pony, that's a bit unfair of you to say."

"Can Xianyu Music and Xianyu Video be the same thing?"

"The commercial value of video websites far exceeds that of music websites!"

Yu Le held up one finger and pointed at Ma Huateng.

"Moreover, with the widespread availability of bandwidth, video websites are the real growth engine."

"You're probably aware of the current speed of bandwidth普及 (widespread adoption) and the rapid growth of Xianyu Video users. Do you really think 10% is high?"

Ma Huateng subconsciously shook his head.

He certainly knew the value of the salted fish video.

In his view, even if Xianyu Video were to side with its competitors in the future, Tencent would be missing a crucial piece in its pan-entertainment puzzle.

Tencent may fall behind in the future battle for user traffic.

This is also why he was in such a hurry to collaborate with Yu Le.

"Mr. Yu, we agree with everything you've said," the MIH representative said in broken Chinese.

"The value of Xianyu Video is indeed very high."

"But... a 10% stake would make you Tencent's largest shareholder."

"this……"

The MIH representative did not continue speaking, but the meaning was already clear.

They were worried about control.

Yu Le laughed, a laugh that held a profound meaning.

"Are you worried that I will interfere with Tencent's operations?"

"Would I steal Pony's job?"

He tossed the bag of sunflower seeds back onto the table and clapped his hands.

"Pony, we've worked together for so long, do you think I'm that kind of person?"

"I'm the kind of person who prefers to make money effortlessly and doesn't like to worry too much."

"How about this?"

Yu Le sat up straight, her expression becoming serious.

"We can sign an agreement."

"I promise that I will not participate in Tencent's day-to-day operations and management."

"How is it?"

Ma Huateng and the MIH representative looked at each other again.

This agreement undoubtedly reassured them and dispelled their biggest concerns.

Moreover, Yu Le was right.

The value of Xianyu Video is indeed greater than that of Xianyu Music.

This is an indispensable part of their pan-entertainment strategy.

"President Yu..." Ma Huateng's face showed a struggle.

"Your proposal..."

"Pony, don't hesitate." Yu Le stood up, walked to the window, and looked down at the bustling street below.

"In this deal, Tencent is the one who benefits."

"A few months later, Xianyu Video's user base surged again."

"If you want to exchange it for 10% of your shares, then you're not getting a chance."

Yu Le turned around and looked at Ma Huateng.

"You only get one chance."

Ma Huateng took a deep breath and then slowly exhaled.

He glanced at Yu Le, then at the MIH representative beside him.

The MIH representative nodded to him, his eyes carrying a hint of urging.

"Great!" Ma Huateng slammed his hand on the table.

"Let's do as General Manager Yu says!"

"10% of the shares will be exchanged for 51% of the shares of Xianyu Video."

"We signed an agreement that Mr. Yu would not interfere with Tencent's daily operations."

Ma Huateng reached out his hand, a bitter smile on his face.

"Mr. Yu, it's a pleasure doing business with you."