Eight hundred and fortieth chapters exaltation
As the time for Oriental.com to go public is approaching, the enthusiasm for domestic investment in Oriental.com has also continued to rise, which is a rare situation since the Internet bubble.
No one would think that Oriental Net's stocks would break the issue price, and they would continue to overestimate the market value of Oriental Net. Of course, Wall Street is similar, and they are constantly overestimate Oriental Net.
Key Oriental Network is too famous, it is the largest Internet portal in China. It is a well-established Chuke Group. The founder and major shareholder have recently become famous in the Internet field. Some people even have fun, so they place it on Chen Chu of the same level as Masayoshi Son, Bill Gates, Larry Ellison, and Yang Zhiyuan.
All of these add up makes the outside world more confident than Oriental.com. You can see a monster stock appear again!
In addition to the news about Oriental.com, there is a dispute between Sina and Shanda in China. Since SG Games, Shanda and Jiucheng jointly acquired Shenhua Club, and Chen Chu and Chen Tianqiao met.
Chen Tianqiao launched a fierce attack on Sina. Shanda acquired 12% of Sina's equity in one fell swoop and became the same shareholder as Sina's management. At that time, everyone was speculating what Chen Tianqiao wanted to do.
Some people speculate that Shanda is seeking cooperation with Sina in order to promote Shanda TV Box, and wants to obtain the huge news, video, music and other resources in Sina. The acquisition of Sina shares is for better cooperation.
And for the past six months, Chen Tianqiao has been holding back his troops. When everyone has stopped for Shanda, this week, Shanda suddenly submitted a report to the North American Securities Commission.
As soon as this report was released, it caused an uproar. Shanda has acquired 195% of Sina's shares and officially became Sina's largest shareholder.
When the news reached China, it was almost an uproar. Sina, which once led the domestic Internet wave, was acquired by a game-maker. In the blink of an eye, Sina's surname was "Chen"?
The sudden news caused the entire domestic Internet market to turmoil. Many insiders began to worry. Will Chen Tianqiao act as the "black knight" in Shanda's barbarian operation cause more consequences?
If even the top domestic Internet companies like Sina cannot support them and are acquired at will, then will other small Internet companies never have peace?!
If those big Internet companies often acquire competitors, who can resist the entire Internet company? There are already two surnames "Chen" among the four major portals!
When he saw the news about this report, Chen Chu looked slutty. What do two surnames Chen mean? Isn’t this bald man catching lice on his head? It’s obvious that he is talking about Chuke’s technology?
There is no "two horses vying for each other" in the domestic Internet market now, but "one Chen is the dominant". Penguin is about to disappear. Alibaba is still breaking through, Baidu has not dominated the search market yet. In the entire Internet market, Chuke Technology is basically the dominant!
However, as Chen Tianqiao took action against Shanda, two of the four major portals began to have their surname "Chen", which still made countless people worry. If Shanda can do whatever he wants, then if it is much stronger than Shanda, the effect will not be more powerful. Which domestic Internet company can withstand the brutal acquisition of Chuke Technology.
Especially for search, e-commerce companies such as Baidu, Alibaba, eBay, and Ctrip, they are all worried. Chuke Technology has not entered these fields, which does not mean that Chuke Technology has no interest in these industries.
The scope of the cannon is the truth, and it is also adaptable to the Internet industry. Now the entire domestic Internet industry is within the range of Chuke Technology. The difference is whether Chuke Technology will open fire!
Domestic public opinion generally supports Sina for Shanda's acquisition of Sina, especially the Internet industry, and does not want this matter to start a bad start, allowing domestic Internet companies that have finally recovered to face storms again.
After becoming Sina's largest shareholder, Shanda did not say that it would stop acquiring shares. However, rumors came out that Shanda seemed to be preparing to really take over Sina this time, and Chen Tianqiao was preparing to let Shanda start transformation!
Later, Chen Tianqiao said in an interview with a Shanghai media that Shanda’s acquisition of Sina was not malicious, and it did not completely control Sina!
As soon as this news came out, the entire acquisition began to become more nervous. Shanda obviously not just wanted to acquire Sina's equity, but to completely swallow Sina. If you want to control Sina, you will undoubtedly have to change the management. This made Sina's management completely resist this acquisition.
Sina management immediately responded that if Shanda continues to acquire brutally and acquires more than 05% of Sina shares, Sina will start the "poison pill plan", and this news has caused even more shock to the outside world!
This is the first time in China that the poison pill plan is clearly proposed. The core of this plan is that once the poison pill plan is launched, Sina will issue Sina shares at half price to other Sina shareholders except the acquirer Shanda.
If the acquisition continues, Shanda's equity will be diluted and the acquisition cost will also increase significantly, which has led to the stalemate of the acquisition.
When Chen Chu saw these reports, he also guessed that Chen Tianqiao was also in trouble. If he continued to acquire, the cost would continue to increase and there would be a possibility of a failure.
If you pay too much money to acquire Sina, Shanda itself will increase a lot of risks. Maybe turn around, the weak Shanda will be acquired by someone in turn!
Chen Tianqiao and Shanda were also in a dilemma of incoming and retreating. It was too risky and difficult to continue to acquire, but it was really unwilling to give up like this. Moreover, after acquiring nearly 20% of the equity, he did not have control over Sina. Where can I reason about this?
I didn’t see Chen Tianqiao, but Chen Chu could also feel Chen Tianqiao’s difficulties. It was because he didn’t have enough experience. For foreign capital operation experts, who deal with companies like Sina with scattered equity, they first formulated a “golden parachute” to use high compensation to stabilize the management first, and then break through each shareholder one by one. Finally, the poison pill plan was a piece of waste paper!
Chen Chu only read some reports and put this matter aside. Chen Chu didn't care much about whether Sina would be acquired. Anyway, several other portals were like avoiding snakes and scorpions to Oriental.com, and he would definitely not agree to be acquired by Oriental.com.
And if Sina blocks the acquisition of Shanda this time, other companies will follow suit in the future. When Chuke Technology plays mergers and acquisitions, it will increase a lot of difficulties.
For example, companies such as Baidu may be more nervous than Sina this time. Shanda can use capital to force acquisition of Sina. Then one day in the future, will Chuke Technology also force acquisition of Baidu? This is the most worrying thing!
In addition to the incidents between Sina and Shanda, Tianji.com, which was formerly known as "Computer News", has been fighting a verbal battle with Baidu in the past few days because of the problem of domain names being hijacked. As for pretending to be hype or really dissatisfied with Baidu, it is unknown. After all, Alibaba and HCK had already played this routine last year, and the people who were obsessed with melons were a little embarrassed.
The entire Internet industry is still in a state of catching up. For example, the classified information website, the UV alliance website established by Chen Chu is still a giant in the recruitment, job hunting, and part-time industry, and the leader in life service websites.
However, local information classification websites focus on local services, such as renting a house, job hunting, and promotion, have begun to emerge. In a few months, hundreds of local information classification websites have appeared, with Ganji.com and 58.com being the most famous, and have launched fierce competition with each other. The lineup is not bad compared to the "Thousand Group War" of takeaway. They do not make money, but they do not allow others to make money!
The Internet industries at home and abroad are basically beginning to recover, and a new round of Internet competition will also begin, and many Internet companies have begun to take the opportunity to expand.
The friction between old Internet companies and emerging Internet technology companies is becoming increasingly serious, and new changes in the entire Internet industry will begin to emerge.
Like Yahoo's current decline, Google's market value has officially surpassed Yahoo. For the entire Internet industry, it is almost like the handover of a scepter. Even those who do not understand the market have begun to think deeply. Is Yahoo, which has the rise of the Internet, really old?
As for Chuke Technology, the entire Chuke Technology is about to be over. As long as Renren Technology officially acquires social websites such as skye and LinkedIn, the entire Chuke Technology will basically occupy half of the game and social field!
Chuke Technology, which has been silent for a long time, will also start a new round of activities. E-commerce, search or other fields, which will be the goals of Chuke Technology, and this is a new beginning!
At Yanjing International Airport, a plane flying from Seoul landed on the airport, and a group of men descended in sequence.
When they saw the size of Yanjing International Airport, many of them were recruited there. Before they came here, they had only heard domestic rumors, and the news media only reported some irrelevant or even negative reports.
Only by coming here in person can you feel the prosperity here, just like they were in the golden 1980s. Everyone’s eyes were full of hope, and there would be huge changes overnight!
Standing on the airport gangway, Gu Guangmo now understands why so many people say that the center of the world will be here in the next twenty years. Compared with South Korea, the territory here is too wide, and more importantly, it is just beginning to recover!
Taking a deep breath, Gu Guangmo walked downwards, and then saw several vehicles receiving them. The staff from the lg Yanjing Office trotted to Gu Guangmo and pointed at him at the person receiving him.
After hearing this, Gu Guangmo hurriedly walked over here and said to Wu Xing, "Thank you, Mr. Wu for your kind treatment. I really don't dare to take responsibility!"
Wu Xingdao is the executive president of Chuke Technology. This level corresponds to the current president of LG Group. Now he is here to take over Gu Guangmo, which is enough to give him enough face!
Tent
Chapter completed!