Chapter three hundred and forty-ninth, nothing to be courteous(2/2)
Zhang Yida smiled and said, "Mr. Li knows my company quite well!"
"Mr. Zhang, don't get me wrong! I'm just curious about how you have created so many successful companies at such a young age, so I learned more about you."
Zhang Yida didn't believe this explanation. Through Jin Changhan, he had almost judged that Li Xiuman definitely had an agenda.
Otherwise, why would I send you a female star?
"SM is the largest and most successful entertainment agency in South Korea, and has signed contracts with many popular stars and groups.
I think Mr. Zhang’s Musical.ly can strengthen cooperation with our SM company.
For example, in South Korea, we set up a joint venture short video company to jointly develop the platform."
The fox's tail is exposed. It turns out that he saw the popularity of the short video and wanted to take a piece of the pie.
"Mr. Li, I'm sorry. Musical.ly is an APP for global users, and there is no precedent for establishing a joint venture in a certain country.
In the future, we do not plan to establish a joint venture! If SM is interested in cooperation, we welcome investment."
Lee Soo Man asked again: "What is the valuation of Musical.ly?"
"$15 billion!"
Li Xiuman was stunned for a moment, shook his head and said with a smile: "It's too expensive! We can't afford to invest in it!"
Zhang Yida did not answer the call. Is this company something that your small country Entertainment Company can get your hands on? A consortium like Samsung is not far behind.
"It is indeed a pity. Mr. Zhang will not consider setting up a joint venture with our SM in South Korea?"
Zhang Yida smiled and said: "This is not in line with our company's operating strategy, but if SM is interested, it can carry out some cooperation with us."
"How to cooperate?" Li Xiuman asked again.
“Musical.ly has reached cooperation with a multinational consortium in Southeast Asia and will definitely win this market.
Doesn’t SM have so many celebrities?
You can open an account at Musical.ly, and we can package and promote them to all Asia.
Of course, forget it about China! Let’s not talk about this.”
Chapter completed!