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Chapter 1491 Hitting Penguins

Generally, companies prefer local funds when looking for investment. In addition to receiving financial support, they can also enjoy the help of other resources.

kakao insists on not having local funds, and the reason is very simple.

Chaodao is a country controlled by chaebols everywhere. There are huge figures of chaebols behind all kinds of funds. Jin Xiufan was born in a humble and had no background. Once a company that finally became bigger and stronger has received the injection of chaebol funds, this company will be in the future.

It's just a matter of whether it belongs to him or not.

Although several major chaebols of Chaodao expressed their intention to invest in kakao, Kim Soo-bang never let go and would rather slow down the market advancement than maintain his control.

Recently, Kim Soo-fan joined the company through Nexon's Kim Jung-woo and Hakono's Penguin Company. Penguin has shown a strong interest in investing in kakao, and the two sides have talked several times.

Penguin was willing to bid 40 million magnesium in exchange for 40% of kakao's shares and provide part of the technical support for kakao, which made Jin Xiufan very moved. The two sides had entered the stage of negotiated prices. As long as the price was negotiated, an agreement would be reached at any time.

Seeing Li Rui today, Jin Xiufan also had the mentality of riding a donkey and looking for a horse. If Li Rui could give better conditions, he would of course be willing to talk to Li Rui. If the agreement fails, it doesn’t matter, there is a spare tire penguin!

As soon as the two met, Jin Xiufan said with great emotion: "I received a call from President Jin Zhengyu in the morning. He praised Mr. Li for being young and promising, and was a very thoughtful entrepreneur. I only realized when I met that Mr. Jin Zhengyu described it too much.

It’s accurate, you are really young and enviable!”

Li Rui smiled slightly and said, "President Jin has been too awarded. Compared to you who started from scratch and achieved success today in difficult situations, I am still a junior. There are many things to learn from you."

Kim Soo-bang is very happy: "I also want to learn from you. Rign's emoticon store launched in the island country is very successful. Kakao is also ready to add the same function. I think Mr. Lee won't mind, right?"

"Of course I don't mind, this is not something with patent rights." Li Rui smiled, "I can't open a store to sell things, so I won't allow others to open a store, right?"

Kim Soo-fan sighed and said, "Of course that won't happen in Huaguo, but it's not necessarily the case on Chaodao!"

His implication is of course that those chaebols cover the sky with one hand and form a monopoly on various industries of Chaodao. Therefore, Chaodao people laughed at themselves and said that they only have three things that they cannot live without in their lives: birth, death and Korean stars...

For Kim Soo-bang, who was born in a slum, Han Xing is not only the parent company that gave him the opportunity, but also the chaebol that exploited young people's way of going up. His feelings in his heart are very complicated. Kakao has also been with the chaebol in the past two years in the development of Chaodao.

The fierce collisions of various industries made him feel a deep sense of frustration and urgently needed to find external helpers to support Kakao.

The penguin is of course a very good helper.

Xingrui, which owns Credit Suisse and Ring, seems to be good.

Li Rui can understand Jin Xiufan's mood because he is also from an ordinary family and has seen a lot of class differences in his past and present lives. Some people are born at the finish line, some are born at the top of the food chain, and some are born at the Rolls-Royce.

More and more resources are concentrated in the hands of the upper class, and the path for the rise of civilians in the lower class has been forced to squeeze. It is not impossible to achieve a class leap through hard work, but the possibility is gradually shrinking...

They share a common mentality, and the two chatted very well. They first scolded the chaebol and then boasted about their own entrepreneurial experience. It was like Bo Ya Zi's period, and they met too late!

After chatting for half an hour, the two of them got back to the point.

"I heard that kakao is seeking financing, but I don't know what the target amount is?" Li Rui didn't want to go around the corner. kakao was his biggest goal on this trip to the island. Any other things can be handled, and this must be done.

Getting kakao is a huge addition to Li Rui's layout in the global OTT industry and a major weakening of Penguin's global strategy. It can not only strengthen himself but also weaken the enemy. That must be done!

Kim Soo-fan said: "Kakao hopes to take out 15% of the funds in exchange for 30 million magnesium financing to stabilize and expand the domestic market and develop into island countries and Southeast Ya countries."

Li Rui nodded, the price was not beyond his expectations.

With kakao's market share in Chaodao, it is indeed worth this price, and its valuation is slightly lower than ring, and it is not much lower.

Li Rui pondered for a moment and said, "Xingrui is interested in investing in kakao, but I wonder what President Jin wants?"

Kim Soo-fan smiled and said, "I am also looking forward to being able to cooperate with Xingrui, but kakao is already talking to Penguin. If nothing unexpected happens, he should accept Penguin's investment."

It's a penguin again.

Indeed, it was Penguin who invested in kakao in his previous life and became the second largest shareholder. Through the dual help of technology and capital, kakao has completely gained a foothold in Chaodao.

But with Li Rui in this life, how can the penguin get what he wants easily?

"That's a pity!" Li Rui said with emotion, "I originally hoped that through cooperation with kakao, I could make strategic arrangements in Dongya and even the whole world. Now that we cannot become friends, we can only be competitors in the future.



Jin Xiufan coughed lightly and said, "The conditions given by Penguin are very touching. They can not only provide the financial support I need, but also provide technical assistance, so please understand my difficulties."

Li Rui smiled: "It is true that Penguin has money, but is it skilled... Isn't it good to be honest. Don't President Jin know that Penguin's V-Signal was beaten by Credit Suisse in the Huaguo market, so he can only

Do you rely on plagiarizing Credit Suisse’s new features to survive? The most ridiculous thing is that V-send copied Credit Suisse’s circle of friends before the Spring Festival, but did not understand it, causing a big joke about the crash of the New Year. With their technical strength

And innovation ability, it is hard for me to imagine that it can bring useful help to kakao!"ъìqυgΕtv.℃ǒΜ

What Li Rui said was really heartbreaking, but what he said was the truth and did not exaggerate it.

Kim Soo-bang was surprised, obviously not quite sure, and asked quickly: "Is it true?"

Li Rui added a little bit of oil and vinegar, and talked about the competition between Credit Suisse and VSign, and finally said: "Penguin is like a Korean star in the Internet field in the Korea Island, and wants to cover the sky and control everything with one hand.
Chapter completed!
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