Rebirth 2010: I'll be a big shot

Chapter 277: Investing in GameStop and gaining access to Line East channels

Author: The bright moon once shone on the ancient river

Chapter 277: Investing in GameStop and gaining access to Line East channels

Early next month.

The weather has cleared up, the sky is blue, and the north wind at the end of the year is mixed with a touch of coldness.

Chen Heyu dressed neatly and walked into the conference center with his head held high.

After the last sub-forum exchange meeting, and then the closing ceremony, the Internet Conference will be considered a successful conclusion.

He found a seat and walked east, looking around on both sides. One of them was Shi Rong, the president of Zhongxin Communications, and the other was Pan Wei, an academician of the Chinese Academy of Sciences.

Ma Yun was walking not far away. When she saw him sitting down, she nodded.

Chen Heyu smiled slightly and nodded in response.

The first entrepreneur to take the stage was Ali CEO Zhang Yong. He was wearing a black striped suit with a blue tie and a wireless microphone in his leg.

For several minutes in a row, there were no such lofty words as "embracing change," "theory of economics of people and goods," and "linking all things," which were completely different from Liu Dong's style yesterday.

"You have chosen the wrong direction. The harder you try, the more you will fail!"

Chen Heyu commented secretly.

In the early years, Ali won the No. 1 position in e-commerce by relying on the low-end retail market. As the scale continued to expand, the center of platform traffic began to move closer to Tianli Mall. The underlying merchants lost the in-store traffic they relied on for survival.

Having no choice but to flee.

Maybe Ma Yun and the management behind him think that there is no problem with that strategy, but in a few years, Pinxixi will be able to slap them in the face with 800 million monthly active users and 2 trillion in annual sales.

The massive low-price market will not disappear just because I give up on it.

Its existence is reasonable. After Pinxixi takes over all of those merchant resources, its growth rate will be even more astonishing.

Behind the success of "consumption upgrade" is "income upgrade". If you don't have money, you can't increase revenue by just shouting slogans.

Chen Heyu thinks very clearly that when low-income groups account for a high proportion, it will be thankless to cut off the low-end market and work for high-net-worth individuals.

After Zhang Yongdong arrived, the second chairman of Fou Qihu 365, Zhou Hongyi, who was in Taiwan, did not even wear a suit. Instead, Fou chose a red coat, worthy of being the "leader in red".

As soon as he stood still, some laughter floated out from the audience.

"Youtian was so tired that he took a nap at the venue. An hour later, the world changed."

Zhou Hongyi looked embarrassed and laughed at himself.

He knew what those people were laughing at. He attended Ding Sanshi's drinking party the day before yesterday and stayed up until four in the morning. It was only human nature to feel sleepy the next day.

But he was photographed by a reporter!

The funniest thing is that Rebus with his slicked back hair is giving a "death stare" at the side!

In just one day, the photo was fermented on the Internet and was embellished by netizens and transformed into various emoticons, completely going viral.

"Obviously Zhang Chaoyang and Chen Heyu sleep more soundly, why should you slap him!"

Zhou Hongyi was very unhappy and cursed those reporters in his heart for making a distinction and mistreating them.

"In that era, it was difficult to invent something that had never been seen before, but it was easy to add intelligent connection to the mature hardware they had made using the idea of ​​​​IOT..."

After adjusting his mentality, Zhou Hongyi said slowly.

IOT translates to the Internet of Things. In short, it connects things to the Internet to create a series of home security, smart sockets, lights, air conditioning and temperature control, smart washing machines, smart refrigerators, smart ovens and other equipment.

Moss AI voice system provides a perfect technical solution for this.

365’s smart leg watch has obtained a licensing contract and will launch Kids Watch 1S in the Q1 quarter of 2016.

It has functions such as health monitoring, exercise tracking, navigation maps, music control and waterproofing. It is equipped with Moszhiko voice system, making it the second foreign smart wearable device with voice operation.

Sure enough!

As Zhou Hongyi talked, he talked about the new product that was about to go online, and specifically emphasized the "one-click call parents" design, taking the opportunity to advertise.

The social horse looked at him coldly, the curve of his mouth clearly showing disdain.

Subsequently, the directors of the Global Mobile Communications Association, the CEO of the Forest Country VR Research Center, Chen Wei, the founder of Didi, and the president of Shuitaguo Telecommunications Company, etc., successively delivered speeches until the meeting finally ended at 11:30.

As soon as Chen Heyu and Zhou Xiaoyu walked out of the conference hall, they saw Hicks, GameStop's general manager of Greater China, standing at the door, looking around.

"Mr. Chen, are you free at noon? He would like to continue communicating with you about the distribution rights of the Dream game cabin."

Hicks' peripheral vision caught sight of the target, and his eyes immediately lit up. He strode towards Chen Heyu and said with a smile.

“GameStop’s board of directors agreed?”

Chen Heyu said calmly that he didn't want to compromise on the terms of cooperation, let alone waste time, so he naturally wanted to be cautious first.

"The major shareholders have agreed to your request, and the 15% equity will be jointly transferred by Fuda Capital, Shui On, Haina International and Bedeley."

Hicks explained.

"That's no problem, we can talk eastward."

Chen Heyu smiled and said.

The large group of people headed to Zhaoming Bookstore again.

The negotiation went smoothly, and Shanhai Capital invested US$450 million to acquire 15% of GameStop's equity.

In return, GameStop obtained the distribution rights of Dream game consoles in North America and Europe, with a commission rate of 6%. This condition is more favorable than Best Buy and Target.

GameStop has more than 400 offline physical stores in Europe, which is what Chen Heyu is most interested in.

"Mr. Chen, when will the first batch of goods be delivered?"

Hicks shut up and became more humble and respectful.

In the near future, Chen Heyu will become the second largest shareholder of GameStop, second only to Fuda Investment. In other words, he will not be one of his new bosses.

Therefore, his attitude is extremely correct.

"He will ask the factory to select 200 samples first and give them to us as promotional materials. As for the first batch of goods, I beg to wait for another two months."

Chen Heyu thought for a while and replied in a deep voice.

At present, the monthly production capacity is about 20,000 units. When the new production line is assembled and debugged, the monthly production capacity can soar to 200,000 units. Only then can the supply be released.

"Okay, he's bright red."

Hicks breathed a sigh of relief. After talking about work, he felt instantly relaxed. He picked up his glass and started drinking.

I wanted to get Chen Heyu drunk, but I didn't expect that I ended up drinking too much. I couldn't even attend the closing ceremony of Dongwu.

Three o'clock in the morning.

Chen Heyu declined Zhang Chaoyang's kind invitation and returned to Shanghai with Lao Mo.

The pop-up windows of the three major portal websites, Weibo and WeChat, constantly broadcast hot news from that Internet conference.

"Breaking news! Penguin Group purchased part of Kangaroo's equity for US$600 million!"

"In the takeout group-buying war, Penguin sides with future technology. Can Qiandu take on the offensive of the two giants from the East?"

"Big deal! Ahri Capital successfully acquired 10% of Kangaroo's shares, and Ma's father once again chopped off $1.2 billion!"

"Thousands of changes, the person in charge of the takeout business has made major adjustments!"

When Chen Heyu saw it, he smelled something unusual. His mind turned around and he immediately figured out the operation behind Qiandu.

It seems that the management's misappropriation of marketing funds has been discovered by Li Hong.

He smiled softly and calculated for a while. In a few months, a bigger thunder would be waiting for Li Hong.

Do you not know whether the wrong party can bear it?

As the car drove into the outer ring of Shanghai, the sky gradually darkened to the east. Chen Heyu glanced at the time and asked Lao Mo to change the destination to Guanglan Road.

…

Luka Headquarters.

Chairman's office.

"Wenwen, Boss Chen has been very popular these days. He begged me to start a business. Wouldn't it be nice to go home and be a young mistress?"

Wu Jingjing teased.

"I want to be a young mistress so much? I don't think I could marry Pei Yi earlier."

Luo Wenwen looked at the documents on the table and replied with a smile.

"That's different. He and Pei Yi are just poor wage earners. Compared with Boss Chen's net worth, they are worlds apart."

Wu Jingjing smiled "hehe".

"After Kangaroo Flash got financing from Ali and Penguin, its valuation has skyrocketed again. Is Pei Yi a high-quality diamond king? I have to be careful."

Luo Wenwen said casually.

After US$1.5 billion in financing was received, the authoritative venture capital institution reassessed Kangaroo's valuation and officially announced it to the outside world.

A sky-high valuation of US$18 billion!

At the same time, Kangaroo has launched a city plan and plans to go to the beautiful country in six months to ring the bell.

Based on the current shareholding structure:

Chen Heyu (held by Shanhai Capital): 38%;

Ali Group: 25.4%;

Penguin Capital: 14.3%;

Gao Sheng Venture Capital: 10.8%;

IOG Venture Capital:1.54%;

Hongshan Capital: 1.54%;

Pei Yi, Wang Zihao, Wang Qiang: 5.33% (1.78% per capita);

Management + employee incentive equity: 3.1%!

The stocks in Pei Yi's possession are worth 2.1 billion Chinese dollars, plus the annual salary of over 100 million yuan in salary and dividends. No matter how you look at it, it is not a potential stock.

"He's the one who's afraid? Isn't it true that classmate Xiao Pei doesn't beg him if you don't beg me?"

Wu Jingjing pretended not to care.

"You are so stubborn, who flies back to Lucheng every week? You spend the whole day adding some weird clothes to your shopping cart."

Luo Wenwen blushed and spat.

"Hehe, men like freshness. Don't tell him that Boss Chen doesn't like that kind of atmosphere?"

Wu Jingjing lifted up her short hair and asked in a low voice.

"He's not that kind of person."

Luo Wenwen let out a "hum", but when she thought of the different styles of Cos clothes in the closet at home, her heart could not help but beat loudly.

Spider-Man, Wonder Woman, Calabash, and Nine-Tailed Fox are exquisite but not exquisite, and the fabrics are pitiful.

"He doesn't believe it."

Wu Jingjing looked at her with burning eyes and said leisurely.

Beings like men only stay honest if they are hung on the wall.

"Believe it or not!"

Luo Wenwen has little confidence.

After that, I focused on the financial statements. After two years of rapid development, the number of 32 Cafe chain stores exceeded 5,000.

The quantity is close to that of Starbucks, and coupled with the continuous preferential subsidies, the price of each cup is only 15 yuan, taking 32% of the market share in one fell swoop.

More than 300 million cups were sold throughout the year, with total sales of 4.48 billion Chinese dollars and a profit of 670 million Chinese dollars!

Basically, it is on the right track. Even without the support of Shanhai Capital, Luka can still be favored by a large number of venture capital institutions.

Series D financing will be opened again soon.

Luo Wenwen's "Ten Thousand Stores Plan" is halfway completed, and her valuation has exceeded US$1.8 billion, making her a pioneer in the coffee fast-drink industry.

After she plans to complete the overseas industrial layout, she will start to enter the overseas market.

"Beep!"

No WeChat notification sound!

Luo Wenwen picked up the message and saw the voice message from Chen Heyu, and a sweet smile suddenly appeared.

"It's time to go back to work, Boss Luo."

A familiar voice came from the speaker.

"Sister Jingjing, he's leaving first. If there's something urgent, call him."

Luo Wenwen closed her laptop, took out her makeup mirror, carefully applied blush, blinked her beautiful peach blossom eyes, and said with a smile.

"My guy is back?"

Wu Jingjing asked.

Luo Wenwen smiled, did not shut up, and ran into the elevator with her small leather bag in hand.

(End of chapter)