Chapter 129 It’s too difficult for me
In addition to the business department, there are also people from the finance, human resources, marketing, hardware maintenance, and security departments.
Coupled with translators and accompanying security personnel, each working group has more than twenty people.
Considering that this trip to Japan would definitely take a long time, Xu Liang transferred Teng Huaming back from Pengcheng and promoted him to the position of CEO of New Dream.
Li Yan, an old subordinate, was transferred back from Magic City and served as COO.
Qiao Yuhui officially resigned as the chief financial officer of New Dream and became the executive partner and president of Hongyan Fund, responsible for all the business of Hongyan Fund.
"Mom, I'm going to Japan on a business trip. I'm not going to Japan and never coming back. I don't need to take all my winter clothes with me."
Looking at the three full suitcases, Xu Liang said helplessly.
“It’s already the beginning of winter, and it must be cold in Japan, so bring a few extra clothes to be prepared. Besides, you have a secretary and a bodyguard with you, and there are people carrying boxes for you. What are you afraid of?”
After a pause, Wang Lingxiang said regretfully.
"You should have told me earlier that you were going on a business trip, so that I could make you some food and take it with you."
Xu Liang listened and sighed.
Everything is mother's love, just accept it.
"By the way, when will the girl named An Kaiyue come back?"
"You ask this question eight times a day."
"You have to tell me after asking me eight times. It's been more than half a month now. Who goes on a trip and doesn't come back for so long?" He looked at Xu Liang suspiciously, "You're not hiding something from me, are you?"
Then his expression changed, he pulled Xu Liang's arm suddenly and said nervously.
"Son, tell me the truth, did you make this girl pregnant?"
Xu Liang: "...".
My mother’s association skills are also too strong.
Reluctantly, he took out his cell phone and dialed.
The call was quickly connected.
A crisp voice came over.
"Xu Liang, why do you have time to call me? Is there something wrong?"
"Are you still in France?"
"Yes. My mother and I are going to stay here for a while and learn some cooking skills. We probably won't be able to go back until after Christmas." Let’s see how much your cooking skills have improved.”
“Okay, you’re welcome to come anytime.”
“Okay, I won’t bother you anymore.”
< br>"Goodbye."
Hang up the phone and look at my mother.
“I’m relieved now.”
“It would be great to make this call earlier.”
After saying that, Xu Liang didn’t care about him and went about his own business.
Looking at her back, Xu Liang shook his head.
He looked at the time and turned around to go out.
Drive to Fukai Building.
This is a newly completed building located in the famous Financial Street of Beijing.
Xu Liang went straight to the ninth floor and pushed the door open. The smell of a newly decorated house had not dissipated.
The front desk is facing you.
The huge background board has a logo in the shape of oracle bone ink pad.
The following is a beautiful line of running script.
Red Rock Fund.
The front desk is a young girl wearing a black women's suit.
Seeing Xu Liang come in, he quickly said hello.
"Hello, sir, who are you looking for?"
"I'm looking for your Mr. Qiao."
"Do you have an appointment?"
"No."
>
"Excuse me, may I ask your name?"
"Xu Liang."
The young girl picked up the phone and called, but quickly put it down.
"Come with me."
The young girl took Xu Liang and walked inside.
Soon I came to a closed glass door. I took out a magnetic card from my pocket and scratched it on the machine at the door. There was a soft 'beep' sound, the glass door buckle popped open, and the two of them Opened the door and walked in.
After entering the door, there is an open office space on the right side of the aisle.
There are currently more than a dozen people busy.
But it only takes up less than half of the office space.
On the right is an independent office, with finance, personnel, compliance and other signs hanging on the sign outside the door.
At the end, a corridor five meters wide appeared.
On the left side of the corridor is an open bar with drinks such as coffee and tea.
Opposite are conference rooms, reception rooms, and some offices.
The president's office is also here.
A young woman with short hair came over quickly.
“Mr. Xu.”
Xu Liang smiled and nodded, "Yang Yang, you came here with Mr. Qiao."
Yang Yang nodded. She was Qiao Yuhui's secretary at New Dreams and also came to Hongyan with Qiao Yuhui.
"Xiao Li, this is the president of our Hongyan Fund. Don't stop me next time."
The front desk was stunned for a moment, obviously not expecting this person who looked a few years older than himself. The young man is actually the president of the company.
After nodding quickly.
"Mr. Xu, I'm sorry, I didn't know you..."
Wave to interrupt her.
"No need to apologize, your service attitude just now was very good, do a good job."
"Yes, Mr. Xu."
After waving her away, Xu Liang left Enter the president's office.
About one hundred square meters, it is also divided into two areas: office and reception areas.
The style is similar to when he was in New Dream.
Simple, except for some green plants placed in the corner, there are also some sketches and colors painted by New Dream students hanging on the wall.
Soon, the door was pushed open.
Qiao Yuhui, who was having a meeting with the management just now, opened the door and walked in.
"Mr. Qiao."
Yang Yang greeted quickly.
After nodding to her, he turned to look at the figure standing at the floor-to-ceiling window, overlooking the entire Financial Street.
“How is the office prepared for you? Are you satisfied?”
“Not bad.”
Turn your head.
Wearing a white floral long-sleeved T-shirt, black trousers, and her curly hair tied behind her head, Qiao Yuhui looked particularly capable.
Xu Liang subconsciously glanced at her legs. Her long, straight and round legs were even more attractive under the trousers.
“I didn’t expect you to be so fast. In less than half a month, you have already set up the frame.”
“There is still a long way to go. The compliance department and the financial department , the legal department is all empty. However, the company's projects are limited now, and I don't plan to hire too many people. I will hire one or two people in compliance and finance, and the legal department will be outsourced for the time being.
Also, you asked me to be in charge of Hongyan, and you gave me one million, which was just enough to run the company.
What about the rest of the follow-up? ”
Speaking of money, Xu Liang also has some headaches.
Hongyan owns 25% of Tencent and 35% of Hongmeng South Korea, but these two are not listed companies, so they are very important to financial institutions. It is not attractive and cannot raise money at all.
New Dream and Hongmeng have plenty of funds in their accounts, but they will need to expand significantly in the future, and the funds have uses and cannot be diverted.
"Don't worry about money, you can find a case first. Hongyan's main business is PE, let's try building a business first." Xu Liang said.
It will take at least one or two months, or even longer, to complete the company structure and find the target company. By then, New Dream and Hongmeng will have more substantial profits and greater value.
If Hongyan can really find a valuable investment target, he wouldn't mind investing in it.
Qiao Yuhui also knew that Xu Liang was currently short of funds, so he didn’t say anything more.
"When will you go to Japan?"
"Leave in three days."
"How long will you go?"
"I don't know, at least until the Japanese subsidiary is on track. Just came back." Xu Liang said.
“You won’t attend the company’s annual meeting?”
"Of course I want to participate."
Qiao Yuhui nodded, "Japanese AV is so famous. Do you want to experience it this time?"
Looking at the smile in front of him, his eyes twinkling. Xu Liang still gave up his thoughts on teasing this woman with cold eyes.
"I am a germophobe."
"Humph, that's more or less the same. If you dare to mess around in Japan, don't even think about touching me in the future."
After finishing speaking, he realized the ambiguity in his words and couldn't help but blush. But being cheerful and informal, she did not turn around and leave.
Xu Liang saw this and hesitated for a moment, but still said nothing.
“It’s so damn hard to be a scumbag with a conscience.”
——
Xu Liang came to Wangjing Building the next day.
After parking the car and getting up from the elevator, as soon as I entered the company, I saw a dozen people gathered near the front desk, many of whom were carrying interview equipment.
Noisy and eye-catching.
Xu Liang took a look, frowned, turned and walked towards the entrance of the office area.
There is also a tempered glass door between Hongmeng's office area and the front desk to block the inside and outside. An employee card is required for entry and exit.
Usually, you just need to swipe your card when entering or exiting. Now there are two more security guards guarding here.
"Mr. Xu."
The security guard greeted him quickly when he saw him.
Xu Liang nodded slightly, took out his employee card and swiped it. The glass door opened and he stepped in.
A few reporters in the middle saw the opportunity and rushed over, but were quickly blocked by security guards.
After Xu Liang entered, the glass door was closed.
"Mr. Xu."
"Mr. Xu, morning."
"Morning."
I greeted you all the way to your office.
“Mr. Xu.”
Lu Hui stood up and said hello.
“What’s going on outside?”
“It’s all media interviews. I don’t know how the news about our acquisition of Excite’s Asian business got out. There have been a lot of people since this morning. The media wants to interview you and Mr. Xie."
Xu Liang frowned.
Although he issued strict orders at the meeting, there are now thousands of people in the company, and there are many people talking, so it is not surprising that word has spread.
Besides them, Excite will also announce this to the public.
The Internet industries of China and the United States are already connected, so it is normal to receive news.
"Ask if Director Zhao is here? If so, ask him to come to me."
Not long after, a young man in a brown suit hurriedly knocked on the door.
“Come in.”
Hearing the sound, Zhao Tai took a breath, opened the door and walked in.
"Mr. Xu, are you looking for me?"
"Sit down."
Xu Liang pointed to the sofa in front of him and waited for the other party to sit down.
“Have you seen all those reporters outside the company?”
"Yes."
"You are the director of the company's crisis public relations department. Your next task is to suppress this matter and prevent it from affecting the normal operation of our company."
"Understood."
"Go."
Not long after, Xie Wen opened the door and walked in.
"Old Xie?"
Xie Wen handed over the document in his hand.
“Look at these.”
Xu Liang took it and looked at it.
“This is a fax from Excite about the operation status of their Asian business.” Xie Wen said.
"Why are Singapore companies' losses so high?" Xu Liang frowned.
“Excite Singapore mainly targets the seven markets of Singapore, Malaysia, Thailand, Vietnam, Cambodia, Laos, and Myanmar. Its portal business and search business account for the third largest share in the six markets except Singapore. One, more popular than Yahoo!
The number of registered users is as high as 8.2 million.
But it is also the highest loss among the four Asian branches of Excite, with an average monthly loss of 170,000 US dollars. And this ratio is still growing with the growth of Excite’s user base.”
As can be seen from the documents, Excite Singapore’s monthly revenue is only US$140,000, and its monthly operating expenses include. Hardware investment, traffic expenditure, and operating expenses are as high as US$310,000.
It can be said that the faster the company develops, the heavier the losses of Excite Singapore will be.
The reason for this result is also very simple.
In Southeast Asia and other places, except for Singapore, Malaysia and Thailand, the economy is not bad, the rest are poor places, and the value of a single user is too low.
So the more you develop, the more you lose.
The same goes for Excite Jakarta.
With 5.27 million users, it is also the first among portals in Indonesia, Brunei, the Philippines, East Timor and other places, higher than Yahoo.
After Excite failed to compete with Yahoo and AOL in the US market, it focused its development on foreign markets, especially East and Southeast Asia.
So, their market share here is extremely high.
But Excite made a mistake. Users are different from users.
If the value of a user in the United States is one hundred yuan, the value of a user in Southeast Asia is only five yuan, or even less.
Therefore, the huge number of users in Southeast Asia has become a big burden for Excite’s development.
The combined losses of the two branches in Jakarta and Singapore are as high as US$330,000 per month.
And the more you develop, the more you lose.
Before the Nasdaq crisis, it could still rely on the market's enthusiasm for the Internet to maintain its stock price, but now it is completely impossible.
This is one of the reasons why they sold off their Asian business.
In fact, Excite is not willing to sell its business in Japan and Greater China. Both markets have generated positive profits.
Especially the Japanese market has great potential.
But Hongmeng Company is not taken advantage of, so how could it be possible for you to just dump the burden?
“Now that we have taken over the big burden of Southeast Asia, if our business is grafted over and cannot generate positive profits, our losses will be even greater.” Xie Wen worried.
Xu Liang understood what he meant.
Hongmeng's business now includes search, games, music, website directory, and No. 1 store, and these businesses have been promoted.
The required traffic fees, hardware investment and operating expenses will definitely double.
If it is unable to generate enough revenue, Hongmeng's losses will be huge.
“The only thing we can count on in the short term is the game. If it doesn’t bring us enough revenue, we have to find another way.” Xu Liangdao.
Xie Wen nodded and thought for a moment.
"When we go to Southeast Asia this time, should we put other business aside first and let only the search and game departments go?"
Xu Liang thought for a while and shook his head.
“We have finally seized the opportunity in the Southeast Asian market, and we cannot just give up. As for the losses, we will wait until we get the specific amount of the losses. If it doesn’t work, we will raise funds.” Xu Liangdao.
His goal is to dominate the Southeast Asian market. If he retreats when encountering setbacks, this goal will never be achieved.
Looking at his persistence, Xie Wen didn’t say much.
"Urge all departments to try to leave as early as possible."
Xie Wen nodded.
(End of this chapter)