Chapter 152 Leading the Investment in ByteDance, Acquiring a 10% Stake (Bonus Chapter)



"Okay, okay, I got it. I'll let you know if there are any good projects."

Zhang Long said nonchalantly.

Because he actually knows a lot about emerging trends, but he's rather lazy and would rather invest and ride the wave.

Just like TikTok, knowing that this company was going to be a big trend, they bought shares in the parent company in advance.

Xiao Zhou, sitting in the back seat, was completely fed up with what she heard. Her initial impression of Zhang Long was rather vague, and she thought Principal Wang was the right person to rely on. But she never expected that the person she was clinging to was even more powerful than Principal Wang.

She had no idea that the powerful figure she had latched onto was actually much stronger.

Half an hour later, the group finally arrived at Seaview No. 1, and Zhang Long arranged for Xiao Zhou to stay on the floor below them.

In the future, any female bodyguards or similar personnel can be assigned here.

As for male bodyguards, they are on the next level down.

Speaking of bodyguards, his father-in-law has already arranged one for him, and he's just waiting to come and report for duty after the New Year.

There are five men and five women, who can usually accompany you and act as drivers, assistants, etc.

The peaceful days continued until the end of the month, which was December 30th.

The shareholders of Blue Hole Corporation gathered happily once again, this time to discuss the annual dividend distribution.

They were also quite excited, after all, the game's popularity was no joke.

The conference room was as noisy as a market, but as Zhang Long and Hu Xinxin pushed open the door and entered, the lively atmosphere immediately quieted down.

It was all greetings from the eldest sister and brother-in-law.

Following Zhang Long and the other man in was Wang Li, the operations director of Blue Hole Company, who was to report the company's performance to the shareholders today.

"Ahem, everyone, please be quiet!"

"Director Wang, please report some of the key data from this year to the shareholders."

"Everyone, let's give Director Wang a big round of applause!"

As soon as Zhang Long finished speaking, enthusiastic applause erupted throughout the conference room.

Respected Chairman and fellow shareholders, I am Wang Li, the company's Operations Director.

Within two months of its official launch this year, the PC version of the company's game PlayerUnknown's Battlegrounds (PUBG) reached a total of 1.8 billion registered users worldwide, with a peak daily active user count of 80 million.

The Chinese server has 500 million registered users, with a peak daily active user count of 11 million.

The mobile version of PUBG has a total of 1.48 billion registered users worldwide, with a peak daily active user count of 130 million.

The Chinese server has 620 million registered users and 58 million daily active users.

Of course, a large portion of these are duplicate registrations, and there are also many studios that farm treasure chests, but none of this affects the fact that we are currently the most popular online game.

After the previous cheating scandal, PUBG has finally ushered in a period of rapid growth in daily revenue.

From the initial 18.35 million on November 1st to the current 97.48 million on December 29th.

The PC version of PUBG has generated over 3.874 billion RMB in revenue in the two months since its launch, with an additional 84.21 million RMB extracted from the trading platform.

The mobile game generated a total revenue of 2.38 billion yuan within one month of its launch, with the trading hall taking a cut of 150 million yuan.

Upon hearing Wang Li's words, the group below went completely wild. They knew the profits would be substantial this time, but it had only been a short while.

Mobile games can generate nearly 2.5 billion RMB in revenue in a month, so imagine what happens after a year!

Even robbing a bank wouldn't be this profitable!

Their clever minds began to work frantically, calculating how much they would get this time.

The company will retain half of the funds for its operation and development, which is a 50% discount, or 3.2 billion.

Zhang Long owns 51% of the shares, which means he will receive 1.632 billion yuan.

There's still 1.568 billion left, which will be distributed among these people.

Holy crap! I'm rich!

This isn't a hen that lays golden eggs anymore; this is an incubator for hatching golden eggs!

At this moment, the group was extremely grateful to their leader for thinking of them even when there was such a good thing.

After taxes were deducted, the amount of money was significantly reduced, and Zhang Long ended up with less than 900 million yuan.

In addition, Honglong Company also filed its taxes and left sufficient development funds, so Zhang Long received another 2.8 billion yuan.

Adding the cash already in his bank account, Zhang Long has approximately 7.6 billion yuan at his disposal.

Converted to US dollars, it's approximately 1.096 billion.

The company previously borrowed $1 billion from banks to acquire Bluehole, but now it is using overseas revenue to repay the loan. The loan was made in US dollars, and the repayment is also made in US dollars.

I believe I will be able to repay this loan by the middle of next year.

After handling the company's profit-sharing business, he declined the invitation to a gathering from the group of second-generation rich kids and rushed to Beijing to meet up with the evaluation team.

Because he genuinely had important business to attend to, these people weren't angry, and well, they didn't dare to be angry.

Because their boss was watching them intently from the side.

It's no secret in the industry that Zhang Long participated in ByteDance's Series D funding round.

ByteDance is now valued at a staggering $11 billion!

To prevent their original 3.9% stake from being diluted, they would have to pay an additional $39 million.

Acquiring another 6.1% stake would bring the total to $671 million.

The total comes to $710 million!

If the original Zhang Long wanted to lead the investment, he would have had to spend more money to increase the valuation. Unfortunately, plans can't keep up with changes, and now he has the ultimate weapon: PUBG.

ByteDance has been eyeing this ad space for a long time and had previously tried to reach an agreement with Zhang Long to integrate ads into its games.

However, Zhang Long blocked all of them. His intention was clear: I'm not short of money, but if you want to get this, you have to pay the corresponding price.

Mr. Zhang of ByteDance has been eyeing this for a long time, because it's much more direct than online promotions. Even if players want to upgrade to VIP, there's nowhere to do so.

That way, the advertising effect will be achieved!

Mr. Zhang and many shareholder representatives discussed this matter at a board meeting, and these capital representatives were all very supportive of Zhang Long's entry.

Because they themselves wanted to get on Zhang Long's bandwagon.

This project is incredibly attractive; Bluehole's daily active users and game revenue are no secret in the industry.

They had a million ways to find out, especially since they also knew that Zhang Long had no objection to the sale of shares.

If you can provide me with some convenience, we can share the cake together.

Isn't this a huge piece of meat? These international investors are drooling over it.

The financing went very smoothly. Zhang Long and his team signed a shareholding agreement, and the board of directors also added a financial director to specifically supervise and protect Zhang Long's assets.

The fourth bonus chapter is now complete. I almost fell asleep while writing it. Please forgive me for working so hard.

Gifts, positive reviews, time to urge for more updates!

Thank you!

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List