Both sides are practically fighting tooth and nail, with Surui Electronics refusing to budge an inch on the issue of standards setting.

Success means real profits, which makes them forget their initial rival, Youxing Electronic Entertainment.

Morgan Group is attracting hatred.

Chapter 422 Is it going to be acquired?

While Surui Electronics and Morgan Group were vying for market share, in Japan, the online portal company YOO suddenly announced the acquisition of several game companies, and then made a big show of its intention to once again occupy a place in the game industry.

His main battleground is the PC platform and other game consoles, but he lacks Yuxing Electronic Entertainment.

Previously, Yusei rejected YOO's offer to invest in the company, so CEO Ame Nagao decided to personally establish a game division to compete with Yusei Electronic Entertainment.

His choice at the time was online games, but compared to the currently popular console games, online games did not have a high status. Moreover, he started from scratch and recruited some people with game development experience, but they did not know how to develop online games.

So for several years, they were just maintaining a balance between income and expenditure.

Later, YOO's boss, Nagao Yu, forgot about video games until recently when the gaming industry became increasingly prosperous, and he started to think about them again.

Moreover, not long ago, YOO suddenly received a substantial amount of overseas funding.

YOO's stock price also surged rapidly, multiplying several times over.

In fact, it wasn't just this one internet company whose stock price surged; all high-tech companies related to the internet saw their market value soar as a result.

Facebook, in particular, has seen its value surge to over $50 billion, making it the most popular social media network company.

At this moment, it seems to have become the starting point of a crazy era, with all kinds of companies related to the Internet becoming highly sought after.

It's possible for the value to triple or even increase in a single day.

Prior to this, Yuxing Electronic Entertainment was already a highly sought-after company on Wall Street with a valuation of over five billion US dollars, and importantly, Yuxing Electronic Entertainment had always been profitable.

However, as the number of internet users began to expand rapidly and people's demand for the internet increased, the internet became something that more and more people were eager to pursue.

However, the valuation of Yuxing Electronic Entertainment has remained unchanged.

After all, Yuxing Electronic Entertainment has always positioned itself as a game entertainment company, hardly having anything to do with the internet. At most, it adds online services, but everything is still centered around games.

According to recent data, the number of internet users in the world has reached 1.5 billion.

Although this is still a shock to Wall Street compared to the nearly five billion internet users of the time when Zhu Youxing lived, it still stunned the community.

With over a billion internet users, why would an internet company not have to worry about making money?

It is precisely for this reason that YOO, as an internet portal, has become one of the most dazzling companies in recent times.

Valuations soared, stock prices skyrocketed, and fundraising went incredibly smoothly. Investors were frantically waving their cash, eager to join the frenzy.

YOO's long-tailed rain also started to fall.

Not long after he acquired several game companies, he extended another invitation to Youxing Electronic Entertainment.

YOO is willing to spend $10 billion to acquire Yostar Electronic Entertainment.

Now that I'm rich, why don't you little game company, valued at several billion dollars, hurry up and grovel? And what I'm giving you is all cash. As the absolute controller with 90% ownership, Zhuyouxing is the one who can decide the fate of the company.

As long as Zhu Youxing nods, 10 billion US dollars will be his for the taking.

Furthermore, Longtail Rain's invitation this time was quite high-profile, directly purchasing a large section in several newspapers and magazines to announce its intention to acquire Yuxing Electronic Entertainment.

Last time they only wanted to invest, but now that they have money, they want to acquire it outright? Money really can easily make people lose their way.

Since Yuxing Electronic Entertainment has never been listed on the stock exchange, it does not need to disclose its data to any media or investigation agencies. As long as it does not evade taxes, it can blow up its own headquarters and no one will care, unless someone is killed.

To date, the valuation and reserve funds of Yuxing Electronic Entertainment are only estimates.

They never imagined that Zhu Youxing now has more than 3 billion in bank deposits.

If it weren't for developing new game consoles and expanding the team, we would probably have even more money saved up by now.

Leaving aside how much money BambooStar can make from first-party games, it can make a fortune just from the royalties from third-party logins to its own platform.

Furthermore, Zhu Youxing is very concerned about his savings.

Thinking of using billions to buy their own company now is really wishful thinking.

How could a company with such earning power be acquired for tens of billions of dollars?

YOO is clearly getting cocky now that it has money to burn.

However, this claim of having money is a bit outrageous. How dare they boast about a full acquisition? It seems this company doesn't even have that much profit.

Zhu Youxing suddenly felt a strange sense of déjà vu.

But I can't remember what happened right now.

However, video games are indeed a very promising industry, and the other party is eager to seize this opportunity.

Not long after, YOO called Zhu Youxing.

YOO's boss, Nagao Ame, spoke very earnestly with Takeyusei over the phone about the acquisition. He promised that if Takeyusei was willing, he could guarantee that in addition to the acquisition price of 10 billion, he would also give Takeyusei and his company YOO shares worth approximately one billion US dollars.

"President Zhuyou, this is a very worthwhile acquisition. We are extremely sincere. As long as you nod your head, the cash will be deposited into your account, not a penny less. What do you say?"

"I'm sorry, Mr. Nagao, I have no interest in this."

"President Zhuyou, don't refuse so readily. We currently have the largest user base. As long as you join us, we can share all of our users. Isn't that great? Moreover, we will continue to expand in the future. We already have several investment companies preparing to discuss new financing with us. We will definitely become bigger and stronger in the future."

Zhu Youxing shook his head and said, "No, I'm not interested. If I really wanted someone to buy it, I probably would have sold it long ago, instead of waiting until now."

"...How about this, President Zhuyou, let's find a place to have a proper talk, or I can send someone to your company to negotiate in person. Everything can be discussed slowly. Actually, if you don't want to be acquired, we can also talk about equity investment. You invest in my company, and I invest in yours, so we can develop together."

"No, your company's stock price is too high right now. I don't really feel it's reliable; I have a feeling it could fall at any moment..."

As Zhu Youxing was speaking, it suddenly seemed as if a flash of inspiration struck him.

Right, I had a feeling of déjà vu before.

Isn't this just another bubble being blown up?

The internet has become a hot commodity for many, yet it still lacks profitability and relies entirely on burning money to expand. So how long can this burning money last? How long can it sustain itself?

Nobody knows.

But Zhu Youxing recalled the most intense internet bubble around 2000 years ago in his previous life.

He was just a child back then, so of course he wouldn't have paid attention to such things. He only learned a little about it later when he looked back on his past work in the internet industry.

These internet companies now seem to be blowing bubbles.

Chapter 423: I gave you a chance, but you were useless.

Zhu Youxing felt it was necessary to take a look at the latest detailed economic news.

However, most of them were just watching the spectacle; it had nothing to do with them, as someone who controlled substantial reserves.

The dot-com bubble didn't affect video games at all.

However, if YOO had achieved considerable success in the gaming industry before the bubble burst, they might have had a chance to catch their breath.

No, I should warn Bob now. It's hard to say whether Facebook is overvalued, but it wouldn't hurt to remind him, since I own a stake in the company.

Longtail Rain was very dissatisfied with what Takeyusei said in the middle of his sentence.

They feel we're unreliable, like something might happen at any moment? Like we might collapse at any time?

How could that be? The entire market is booming right now. As long as I make good use of this opportunity, success is inevitable. I even took out a lot of loans to achieve my current goal.

Zhu Youxing didn't want to say too much to Changweiyu anymore. Anyway, he was definitely not going to sell his company, and he could go to whoever he wanted.

After receiving a clear rejection from Zhu Youxing, and despite repeated attempts to persuade him, including refusing to purchase a small portion of the shares, his face grew rather grim.

"President Zhuyou, I admit you're number one in the gaming industry, but the entire industry doesn't revolve around you. Do you know how many gaming companies we've acquired?"

"Well, I'm not really sure about that."

“We have acquired several game companies that have exclusive titles on your platform. These companies are all quite well-known and have produced many games that have sold over a million copies. These game companies should also be considered a valuable asset to you. If these companies collectively stop releasing games on your platform, your losses would probably be significant, right?”

Huh? So this is a threat?

No, do you really think you're doing well right now? The gaming industry doesn't guarantee that if you've released a game that sold a million copies, the next game will definitely sell a million copies as well, although we have to admit that what Changweiyu said makes some sense.

If several well-known game companies stop releasing games on Yuxing Electronics' consoles, it could really cause many players to also abandon Yuxing Electronics' consoles.

But so what?

He is now at a point where he is no longer worried about losing users.

Looking at the number of users our motion-sensing game is gaining each month, and comparing that to the potential number of users we might lose, it's really nothing.

Moreover, it's hard to say exactly how much will be lost.

Changweiyu is clearly overestimating the impact of million-level sales.

"So if I refuse your terms, are you planning to lead these game companies you acquired to start their own businesses? And build a new game console to compete with me?" Zhu Youxing retorted.

"Well, anyway, if you refuse, you will definitely suffer a great loss, which is really not worth it."

Is the development of a new game console competing with Youxing Electronic Entertainment?

That's a bit of a joke.

If this were five or six years ago, during the Super Famicom era, Long Tail Rain might have been worth a try.

But can just any company afford to develop a game console these days?

The development cost of the game console alone, as disclosed by Surui Electronics, is at least one billion US dollars.

It's not just about spending over a billion dollars; more importantly, game console development has a very long cycle. According to current estimates, if a game console with the performance disclosed by GS1 or PNF is to be developed, it will first require a professional team and then a development cycle of more than a year.

This is clearly inconsistent with Longtail Rain's current strategy of rapidly infiltrating the gaming industry, so he has no intention of doing so.

Zhu Youxing said, "I will not sell the company, and there's no need to think about investing. I don't lack money, so I don't want to find someone to monitor me for that little bit of money."

After persisting for a while, Nagao Yu finally confirmed that Takeyusei really had no such intention. However, he did not intend to give up completely. He also planned to have his people continue to persuade Takeyusei Electronic Entertainment Company.

If all else fails, Nagao Yu made a tough decision: why not just poach people from Yusei Electronic Entertainment?

He was determined to entice people with double the salary offered by Yuxing Electronic Entertainment; he didn't believe everyone could resist the temptation.

After his conversation with Nagao Ame ended, Takeyusei immediately asked his assistant to find and compile the latest economic news, especially news about the internet and the stock market.

Having an assistant or a company is great. You just need to make a request for the data you need, and someone will naturally provide you with all the information you want.

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