Reborn Entrepreneurial Giant.

Chapter 294 Continue to be embarrassed

It was easy to talk about the money in Google, and everyone was willing to give it away for free, but Qu Li didn't accept it. There is no free lunch in this world, and there must be a price behind free money, and he didn't want to hear it.Qu Li still has one more card to show, Xiangyun is about to be listed on the A-share GEM, and its market value may exceed US$35 billion. Will Jumei’s market value not rise a little?

Shopee’s revenue of US$15 billion exceeds that of Xiangyun, so should the valuation level be raised to the same level as Xiangyun?

Qu Li wanted to stall for time, but Google was unwilling. They still knew about Ye Chang Meng Duo, so they had no choice but to release Xiangyun's IPO and valuation levels in advance.Don't talk nonsense. Xiangyun and Shopee are not the same type of companies. What Jumei wants to prove is that their value is underestimated by the market.Jumei is an e-commerce company that combines the advantages of China's manufacturing industry and is different from Amazon.

"Our advantage becomes more obvious the further we go..."

Brady recognized this statement. Jumei's advantage lies in supply chain management, Zhongguo has advantages in manufacturing, and Sun Moon Fenghua can greatly increase profit margins if it has an in-depth understanding of each link in the supply chain.However, this itself is unrealistic. How many industries are there in the country?How many products?

Shopee’s affairs are not making much progress, and the same is true for Google Zhongguo. Qu Li contacted China through Vision Investment and asked Jumei’s personnel to adjust the direction, allowing Google Zhongguo to retrieve search technical information from the Google headquarters data center.

You must know that Google Zhongguo can access the database of the US headquarters. Google does not leave search technical details to Jumei, so he will find a way to leave some more detailed information.Although it is said to be very difficult and may even be impossible, how will you know if you don’t try?You must know that there is a generational difference between Hadoop and Google technologies used by companies such as Yahoo and Baidu.

He took the time to meet with Charlie Li in the United States who was acquiring Pinestreet. This guy was involved in a lawsuit in Hong Kong over the PCCW privatization incident, which caused changes in their transaction. Qu Li was not in a hurry, but Charlie Li really wanted to get rid of this burden. I want people from Qu Li to take over early and join PCCW to do due diligence.

"Do you think Envision can successfully acquire it? Will there be a lot of opposition?"

"I don't know..." Charlie Lee may have Mercury retrograde this year. Not only are people in Hong Kong targeting him, he is also being punished in China for not opening up land acquisition.

"If Vision Investment completes the acquisition, what will happen to PCCW Real Estate, the media and entertainment business, and the PCCW brand?" Qu Li asked again. He was dissatisfied with many of PCCW's businesses.

"No, I'll give it all to you. If we really have to give in like this, we don't know how many things will be involved." Charlie Li was scared, "Without PCCW, I have a better choice." In fact, PCCW's The entertainment business has not developed yet, and viu, the streaming video website that later dominated the Southeast Asian market, has not yet been established.But NowTV is the largest pay TV station in Hong Kong

"You don't really want to buy TVB, do you?" Qu Li blurted out

"..." Charlie wanted to curse, but he also understood that this matter had caused a lot of trouble in the past few years. He wanted to cash out PCCW, but failed because of Li Ka-shing's intervention.

"At first I thought that if Jumei failed, I would cash out and join the film and television industry..."

"It seems like you don't have much chance now." Charlie Li said enviously.

"I don't dare. If I really do this, no one around me will believe me." Qu Li regretted that in this world, you don't have money to do whatever you want, nor can you become a major shareholder by paying a lot of money. So many people believe in Qu Li. Li, around him, must have been cheating at first, but later it was because he had superior resources and was always correct.

Charlie Li didn't know, and thought that Qu Li was telling the truth, and felt that he was in the same boat.It is said that the public opinion environment in Xiangjiang is quite friendly to the rich. It is not right that a scumbag like him will not be morally condemned. The smart-looking young men in China seem to be more scumbags than Charlie Lee.The bottomless pursuit of the rich may be a sign that the times have entered a period of class solidification, right?

After chatting with Charlie Li, he met Wu Hongning, who works on Wall Street. He is very interested in the European debt crisis. However, sovereign funds like China Investment can only invest in hedge funds but cannot personally invest, otherwise it will easily cause disputes.

Of course, China Investment and Vision Investment have cooperation. If the money from the big investors is not given to him, it will be given to other hedge funds, such as Wall Street's Paulson Fund, Bridgewater Associates, etc. As for where the money is used, it is not clear. Qu Li met many people in Huatou.

The two discussed PCCW's affairs. There should be no domestic objection to this matter, but the crux of the issue lies in future control. Will the state-owned enterprise China Netcom compete with him?

"Why do you want to do everything? What does the telecommunications industry have to do with you?" Wu Hongning

"Aren't you forced? As long as this industry is opened up in China, I won't want to acquire companies like PCCW." Qu Li was not to be outdone.

"What's the use of PCCW?"

It was difficult for Qu Li to explain clearly, so he had to talk nonsense: "To prepare in advance for Jumei in five years' time, we need to build a data center for cloud computing, which requires undersea optical fiber. For example, Shopee's servers are in the United States, but how can we expand into the Southeast Asian market?" Do you want to put the server in Singapore as well?”

"Why not?"

"Management costs will increase dramatically, and the cost of trial and error is too high. Don't you think that every time you try, you will be as lucky as Shopee, encountering the right opportunity, and being able to form the right team? Under normal circumstances, it requires one, two, and three times of trial and error. …”

Many people may not know that the servers of Google search and Facebook are concentrated in the United States. Japanese and Korean users directly access servers in the United States. Without submarine optical fiber, it is difficult to ensure access speed and user experience. It seems that the access speed to Apple's official website has been very slow before 21 years. The reason is simply that the server is in the United States, and Chinese users have to cross mountains and seas to get Apple's information feedback.

Of course, the practice of Chinese Internet companies going global is to isolate the data of domestic and international users, and Waiguoren cannot enjoy the "high-end" services of domestic users.Honor’s cloud service part purchases Amazon’s AWS service, which is not considered an investment.

"Do you think our acquisition of Google Zhongguo is a good thing or a bad thing?" After talking about PCC Telecom, he also talked about their deal with Google.

"You..." Wu Hongning was shocked by Qu Li again. This world is too crazy.

"What are you asking me for? If you really have any difficulties, you can go directly to the superiors." Wu Hongning knew that the superiors were very concerned about Qu Li, and even left his contact information.

"I want you to analyze from an outsider's perspective, which one is more important, Google Zhongguo or Shopee..." Qu Li looks relaxed and comfortable on the surface these days, but he is under great pressure inside. He is just an ordinary person. Even these days I have grown a lot over the years, but when faced with this choice, I still can only rely on feeling rather than experience and data.

Wu Hongning's expression changed and he thought for a long time: "Don't ask me anymore. Both companies are excellent. I can't give any advice unless it's a price issue..."

Qu Li sighed: "Price? Price has never been an issue."