Chapter 128 Great strides in expansion
“Hongmeng Game Hall, does it have income now?”
“Yes, this month’s mobile share is 570,000.”
“A bit less Ah." Xu Liang said.
“We are just a newcomer in casual games, with currently only 840,000 registered users. Most of the market is in the hands of Lianzhong and Winger, and the share they receive from Telecom is as high as tens of millions.
However, through the diversion of the three games "Legend", "Millennium" and "Red Moon", the user growth is relatively fast. We are confident that the number of users will increase to 3 million before the end of the year. "
Xu Liang nodded.
"Mr. Xu, although Winger is not as good as Lianzhong, it is also the second largest casual game operator in the country. Should we acquire it directly? "
"Acquisition? "
"Yes. This way we also get all the assets of a winger, especially those who specialize in developing casual games. ”
Xu Liang thought for a while and shook his head.
“It’s not necessary. Most of Winger’s games overlap with the games in our game hall, and the acquisition will not make a qualitative change in our strength. As for talents, the price of poaching them is definitely not as high as the acquisition.
< br>Our core has always been online games and 3A-level stand-alone games.”
Wu Xifan nodded.
Glanced at him.
"Old Wu, the company wants to set up a strategic development department to be responsible for the development of foreign markets. Are you interested?"
Wu Xifan shook his head and said: "Mr. Xu, if I were ten years younger, I would definitely be willing. Now , My family and children are all in the capital, and I really don’t want to take risks abroad.”
Xu Liang nodded.
Wu Xifan's reaction was what he expected.
The strategic development department is on the same level as the game business department. It is replaced by the person in charge of the pillar department of the company who will not give up the huge profits, and a new organization is built from scratch.
"Okay, I understand. You go ahead and do your work first. I've taken this report."
Back in the office, Xu Liang looked at the list of senior company personnel.
First, cross out the names of Xie Wen, Wu Xifan, Yu Jun, and Xia Wei.
A COO, a head of the game division, a head of the search division, and a head of the interactive entertainment department.
They all have their own large business, which looks more promising than the newly established strategic development department.
Secondly, CTO Shen Jianguo, HR Fang Dexin, CFO Xiang Jie, and marketing department He Guiyou were also crossed out.
These are also vice president level executives.
The remaining dozen directors are the most suitable choices.
Although you have to start from scratch, and developing international business is very hard.
But at least after being promoted to vice president, you will get far more options than the director.
Under the heavy reward, there must be brave men.
After thinking about it for a while, I circled a few names.
After the time entered November, news of victory finally came from Xie Wen.
——
‘Wow…. ’
The loud applause shook the entire Hongmeng headquarters.
Xu Liang smiled and walked over and held Xie Wen's right hand.
“Mr. You're welcome, if it weren't for Mr. Xie and Excite CEO Acme Masson being MBA classmates at Columbia University, the other party wouldn't have let go so easily," Xiang Jie said.
"Okay, let's not praise each other anymore. I have reserved a seat in Hongbin Building and will be there for you tonight." Xu Liang said with a smile.
After sending everyone away, he brought Xie Wen and Xiang Jie to the office.
The three of them sat down.
Xiang Jie handed the signed contract text to Xu Liang.
“For US$23 million, we acquired all of Excite’s businesses in Asia, including Japan, Hong Kong, Jakarta and Singapore, and assumed US$3.47 million in debt.
According to the contract, we are no longer allowed to use the Excite brand before December 31, 2000.
The first fund of 12 million will be paid within half a month after the contract is signed, and the remaining 11 million will be paid in two installments, three months and half a year after the contract is signed. "
Xu Liang nodded, "Yes, this way we basically have no financial pressure. ”
With a loan of 100 million, there is still nearly 40 million in cash on the account.
Enough to cover the accounts for the acquisition of Excite’s Asian business, as well as to continue to maintain the operation and integration of the entire company.
"Thanks to the Nasdaq crisis, otherwise if we wanted to acquire Excite's Asian business, it would have cost at least US$100 million." Xie Wen lamented.
Xu Liang nodded in agreement and sighed.
“It’s a pity that we don’t have enough money now.”
If we had enough money, there would be oceans everywhere now.
Google, Amazon, Yahoo, and Alibaba are all very cheap. Even Apple’s price is just over 4 billion US dollars now.
If you buy any amount, you will make huge profits in the future.
After briefly discussing the arrangements for Excite’s business in Asia, we went to have a meal to celebrate.
The next day.
Xu Liang held a director meeting in the big office.
“Everyone, I believe you all know that we have successfully acquired the Asian business of Excite, the fourth largest portal and search engine company in the United States.
From today on, our Hongmeng company will become a multinational Internet company that spans East Asia and Southeast Asia and operates many businesses including games and search.
The value of the company, as well as the value of the options in your hands, will increase exponentially. ”
Wow….
Loud applause sounded in the conference room.
Everyone looked excited and all looked happy.
Xu Liang waved his hand to signal everyone to quiet down. "It is indeed worth being happy to be happy, but after being happy, everyone should also see that we are still facing arduous tests.
First of all, the corporate culture of Excite Company is inconsistent with our Hongmeng Company.
>
Secondly, the personnel within the company are also mixed.
Finally, Excite’s business is also very different from ours.
It is still unknown whether we can successfully integrate Excite’s Asian business into Hongmeng and become the nourishment for our development and growth.
So, our task is still very difficult.
Everyone here needs to continue to work hard.
Everyone, do you have confidence? "
"Yes. ”
The loud voice shook the entire floor, causing all the employees outside to look here.
Have the leaders taken the wrong medicine?
Xu Liang smiled and said: "The momentum is very strong, I feel relieved.
Now I announce the formal establishment of Hongmeng Japan Company, Hongmeng Singapore Company, Hongmeng Indonesia Company, Excite's original business in Xiangjiang , merged into Hongmeng Xiangjiang.
Because we can no longer use the Excite brand, the names of all portals have been changed to Naver.”
Xu Liang didn’t pay much attention to the portal website, so he didn’t give it a Chinese name.
“Excite’s original search business was spun off and Bing Search was established directly under the leadership of each subsidiary company.
At the same time, various departments of the head office sent personnel to form three working groups and went to Japan , Singapore and Indonesia, assisting the integration of various subsidiaries and embedding our Hongmeng company’s business.”
Everyone nodded quickly.
“In addition, the company decided to establish a strategic development department to be fully responsible for developing foreign markets. It also decided to promote Wang Tao, director of Jumang Studio, to vice president of the company and president of the strategic development department.
Wu Yahui, the original deputy director of Jumang Studio, serves as the studio director. "
Thanks to the popularity of "Legend: Overlord War", Jumang Studio's performance is the best in the company. Moreover, the cleanup of cheats and private servers is also relatively timely, maintaining the fairness of the game.< br>
Although some people think that Jumang Studio is lucky and has found a good game, but its own ability is not outstanding.
But the results are results
1500 per month. The revenue of 10,000 yuan contributed 35% of the company's total revenue, which is a great contribution.
"Thank you Mr. Xu and the company for trusting me. I will work hard to do my job well." Wang Tao said excitedly.
Although Xu Liang had communicated with him before, when it was actually announced, he still couldn't help but be excited.
“Don’t be happy too early, you have a heavy burden on you.
You don’t need to worry about Japan, Hong Kong and Taiwan markets, you are responsible for the development of the entire Nanyang market. Good news It’s Excite, which has laid a good foundation in Malaysia and Indonesia. You can use these two markets as tentacles to gradually cover the entire Southeast Asia.”
Wang Tao nodded.
"In terms of funding, I will give you 5 million in the first phase and 10 million in the second phase, totaling 15 million in development funds. All development plans will be reported directly to me."
"Yes, Mr. Xu.”
“Also, our company is pursuing a localization strategy. Therefore, in addition to seeking development, you must also select responsible persons for each branch in Nanyang.”
Wang Tao. nodded.
"Mr. Xu, what about Japan...?" Xie Wen said.
"I'll go there myself."
Japan is now the second largest market in the world, more important than South Korea, and he is worried about others going there.
"Yu Jun, there are too few computer engineering talents in Nanyang, and we will need your technical support in a short period of time. Therefore, you have a heavy burden."
"I Understood. However, we are mainly responsible for developing the underlying technology of the search engine, improving search relevance and accuracy, and can only leave the rest of the web page translation, establishment of databases, encyclopedias, etc. to our brothers in the subsidiaries.”
Xu Liang nodded, "If the subsidiary company cannot solve these simple things, there will be no need for its existence."
The words were very serious, which made Wang Tao feel secretly awe-inspiring and at the same time decided to make great achievements so as not to be underestimated by his colleagues in the company.
"Who has any questions?" Xu Liang asked.
He Guiyou raised his hand, he is the marketing director.
"Mr. Xu, do I need to disclose this acquisition to the media?"
A US$23 million acquisition is enough to cause a national business event in this era, and it involves international expansion. , once word spreads, it will be a great blessing to Hongmeng’s goodwill and brand influence.
Xu Liang thought for a while.
Shaked his head.
"Don't expose it. Our acquisition this time is very risky. If the integration is completed later, everything will be fine. If it cannot be completed, I'm afraid it will become the laughing stock of others."
Although He Guiyou didn't quite agree, but he didn't say much.
Xu Liang’s eyes flashed.
"Without my consent, no one is allowed to disclose the details of this acquisition to the outside world, otherwise they will be fired."
Hongmeng Company is not currently listed, and the outside world does not know its revenue. If the acquisition of US$23 million The exposure of the case will attract countless prying eyes.
His body can't stop these predators that eat people but don't spit out bones.
So, until there is no external financing and a few thick legs to rely on, Hongmeng’s strategy is to keep it low.
Of course it won’t take long, it will be almost time to start Series A financing next year.
"Who has any questions?"
Everyone shook their heads.
"The meeting is dismissed."
Hongmeng Company is busy again.
Hongmeng Games, Hongmeng Music, Hongmeng Website Directory, and Bing Search (including information, encyclopedias, knowledge, music, and games) have each allocated manpower to prepare working groups.
Two rushed to Singapore and Jakarta, and the other went to Japan with Xu Liang.
(End of this chapter)