bullyxtreme Chapter 193 The acquisition of Kuxun encounters obstacles
Chapter 193 The acquisition of Kuxun encounters obstacles
Chapter 193 The acquisition of Kuxun encounters obstacles
The market was obviously in panic, the U.S. subprime mortgage crisis spread to the world, market demand was sluggish, and international oil prices rose inexplicably, with the price per barrel rising from US$90 to US$110.
"One word, do it!" Qu Li returned to Xiangjiang again, and Zhang Yiwen returned to China at this time. With the bankruptcy of Lehman Brothers, Xie Hailiang became famous, and Xiangjiang Investment, where he worked, attracted much attention.
Although domestic investors question China Investment’s investment capabilities, they will not question China Investment’s funds.It goes without saying that it can be recognized by Huatou, has a good relationship background, and has an excellent team. At a time when A-shares are crowded, Xiangjiang Investment has received very, very much attention!
Zhang Yiwen has many things to deal with when she returns to China, such as integrating the Andrew team, holding meetings to raise funds for investment, and it seems that she also needs to acquire the Motorola Building and the Ark Building.
Qu Li was sitting in the Vision Fund, handling Mengniu shares, and saw the opportunity brought about by the rise in international oil prices.
Ten thousand lots of crude oil futures are worth US$11 billion. With 10 times leverage, the actual investment is about US$1.1 million, and you can go short directly. How can there be so much care? Who else can buck the trend?Qu Li invested US$5 million in the Vision Fund and signed a private equity contract with an annual management fee of US$100 million plus a 10% profit share. He decided the investment direction by himself. It was all his own money anyway, which could make the Vision Fund more comfortable.
The Vision Fund purchased 9000 million shares of Mengniu stock at a cost of approximately US$1.1 million, and shorted crude oil for US$2, using a total of US$4.5 million, leaving US$1.5 million plus a loan of US$[-] million.
How can you make money by shorting crude oil by shorting the US stock market and the Hong Kong index? This is not making money but stealing money. However, the market for gold, crude oil and foreign exchange is large enough. Even for WTi crude oil futures, which Vision mainly participates in, the daily trading volume is close to 30 lots, which is about 3300 billion U.S. dollars, assuming a daily fluctuation of 5 U.S. dollars, it will generate a maximum profit and loss of about 150 billion U.S. dollars.
Although Qu Li believed that it was certain to make money from short selling this time, someone still had to keep an eye on it. As a result, the price of crude oil traded sideways between US$104 and US$109 for several days.It's not important, Qu Li didn't come to Xiangjiang just to watch the market.
The practice of milk powder in China is getting more and more intense. Qu Li, who has long questioned Mengniu, has also been affected. Some people say that since he knew there was a problem with milk, why didn't he expose it?
Of course there is no problem in saying this. Qu Li himself also feels guilty. The key is that the presence of the mythical beast cannot change history. If he really wants to expose it in advance, he will need a eunuch.A normal businessman would not do such a thankless thing.
Let the facts speak for themselves: How long can a successful entrepreneur or wealthy businessman who donates 100 billion to "build a golden body" last for?
For example, there are Bill cover-ups abroad, let alone in China. There are quite a lot of them. Even if these people do not have clear and correct evidence to prove that an entrepreneur has done bad things, they can just be capable of doing bad things and add an "unfounded" reason. People knock off dust.
You don’t need a good reputation to run a business, but you do to build a brand. There are advantages and disadvantages to having an entrepreneur deeply tied to a business. At least in the early stages of business development, if the founder is well-known and topical enough, he or she will be able to reap unexpected surprises, such as coarse-grain mobile phones and special products. Tesla cars.
There are advantages to doing this, but the disadvantages are also obvious. Tesla cars have problems and dominate the news. Volkswagen, Mercedes-Benz, BMW, and Toyota have problems, and no one pays attention.So why do Tesla cars always have problems? This horse is a "coffin car", but the fact is...
Qu Li was not confused. Faced with this inexplicable negative public opinion, he first avoided it and let the news cool down. If someone was really behind the scenes, he would not have no means of counterattack.
Jumei's maternal and infant category has purchased more than [-] tons of imported milk powder from several major foreign brands since the beginning of the news, and will increase the purchase volume according to sales volume. The behavior of selling domestically by air has further promoted some people's doubts.
Conspiracy theories have always been popular. Last year, a financial novel called "Currency War" was published. This year, it successfully broke out of the circle and became a social phenomenon. More than ten years later, Qu Li still can't remember a Rothschild family himself. Know the secret, their family has tens of trillions of dollars in wealth.
Fortunately, there is a well-known news: Qu Li is a junior high school student and a writer of pure love novels, which naturally suppresses the birth of many rumors.
If the country ignores the situation and treats it coldly, it is impossible for the country to allow the trust crisis in the milk industry to spread to all walks of life. It will naturally limit the spread of rumors, and then it will naturally break down.Assuming that Qu Li should be questioned, should the CEO of a certain Lu Meng Niu Yili take action?
Against the background of the financial crisis, Jumei was not always unfavorable. After officially launching the acquisition of Kuxun, the main investor Lianchuang Ceyuan paid more attention to Kuxun and asked for a sky-high price of US$5000 million.
"The maximum is 2000 million U.S. dollars. If it doesn't work, just poach people..." Qu Li doesn't think that Kuxun now has any value other than people.
You must know that Kuxun's business is search. The main traffic comes from train tickets and real estate. It does not directly sell air tickets and hotels. It directly competes with Qunar. It provides search services for air tickets, hotels and travel, and earns "advertising fees" through traffic import. .Not to mention the slowdown in growth, there is still no stable income.
"Their team members are excellent, but the business is really hard to describe..." Wang Yunliang was also a little bit sad on the phone. Kuxun raised US$1200 million in two rounds of financing. They claimed that US$5000 million might just be a return on capital, but they wouldn't make much money, but this and What does Jumei have to do with it? You have no business model and no user scale, so you are destined to be worthless.
The two discussed for a while. The main purpose of Jumei's acquisition of Kuxun is for their programmer team, and the business is secondary. If the two parties have too many differences, then they will focus on talents and directly poach people, especially It’s Zhang Yiming’s shoes!
"Should we also shrink our front lines and reduce our support for brands such as Xiangyun?"
"To be honest, I regret that I made Xiangyun bigger. Now I want to give up, but I feel reluctant to do so..."
"..." Wang Yunliang didn't expect Qu Li to be so easy to talk to. The growth potential of the Xiangyun brand is indeed good, and saying that giving up is just a choice based on realistic conditions.
"Allocate Danlin brand resources to Xiangyun and sell him within two or three years."
"What did she say?"
"Let me talk to her." Qu Li touched his head, feeling a little headache.
"Okay, when will you come back? There are many things to do in Jumei..."
The financial crisis has accelerated the transformation of brick-and-mortar enterprises into online transformation. Being located in Yangcheng, Guangdong Province, Jumei naturally has the upper hand. Serving brick-and-mortar enterprises sounds good, but it is troublesome to do. The technical content is not high, and there is a shortage of programmers. We had no choice but to arrange interns, but this year in addition to campus recruitment, Jumei also had a management trainee program, which created a lot of troubles.
"I know, soon!" Qu Li had returned to Pengcheng at this time, and Brother Boatman had important things to announce.