“We must let Longteng know about this, after all, their investments are in the China region.” Xiang Peisi looked at Susan. The China region is Longteng’s home base.
After discussion, the senior management of North American Media Company decided to report this unusual investment to Dragon Company.
Soon, Chen Dong received a call from Susan.
"You mean, a large sum of investment funds has been transferred to the China region, but even your North American media company can't trace the source of this investment?"
Chen Dong realized the seriousness of the situation.
Susan was silent on the phone for a moment, then quickly added, "We can only find out that the money was invested in a small technology company in China called QQ Penguin Technology Company, and the company's shareholder is Mr. Ma."
QQ Penguin Technology Company—this familiar name startled Chen Dong. Could it be that Jack Ma had appeared?
But how did Mr. Ma get in touch with European media companies?
Chen Dong silently counted, and already had a pretty good idea of what was going on.
According to the timeline of another world, now is indeed the time for Jack Ma's Tencent Technology Company to emerge.
"Dairus Corporation announced this investment on its official website, but did not specify which project of QQ Penguin Technology the investment was used for," Susan added on the other end of the phone.
"Has this Dailusi Media Company ever collaborated with other media companies in Europe?" Chen Dong asked.
Susan replied, "No, Dailusi Media Company was established less than two months ago, and its shareholders are all industrial companies that are involved in real estate, shipbuilding, etc."
Chen Dong secretly pondered that this Dailusi Media Company's asset background did not involve the media industry.
That makes things complicated.
The first name that came to Chen Dong's mind was Freemasonry.
After all, the two sides had dealt with each other too many times. Now, whenever Chen Dong felt that things were developing in a way that was slightly beyond his expectations, his first reaction was to think of the Freemasons.
In the real economy, it is very difficult for third-party companies to investigate assets thoroughly unless banks, government agencies, or other entities use their authority to investigate in person.
The flow of assets in the media sector is relatively transparent because media outlets need to exchange resources with each other. Both new and traditional media attach great importance to industry cooperation within the sector.
Therefore, after completing the investment, Dalus Corporation must also announce the investment on the company's official website.
He had been focusing on the North American company's "Media Gathering" project and had completely overlooked the developments in the China region.
"Thank you, I understand." I will definitely investigate this matter thoroughly.
The phone was on speakerphone, and everyone in the office could hear it. After hanging up with Susan, Annie asked anxiously:
"What resources do the technology companies in the China region have that could attract European media companies?"
Chen Dong remained silent for several minutes before recovering his composure and said, "Perhaps I know what resources this company has."
QQ Penguin Technology Company was dirt poor before receiving investment. Its official website did not promptly report on the projects it was operating, nor did it publish complete information about the company. How did the big boss know about this?
Everyone looked at him with suspicion.
Chen Dong continued, "The owner of this QQ Penguin Technology Company is Jack Ma. They developed a network communication software called QQ."
There's only one network communication software provider in Europe and America, and everyone was very surprised when they heard the news.
Lin Zhiyuan asked, "Is it a competing product with our ICQ network communication software?"
“They are almost identical,” Chen Dong asserted.
After all, ICQ, an interactive social networking software, was a copy of QQ, so Chen Dong was well aware of how similar the two software programs were.
However, Longteng Electronics' R&D project started earlier, so the ICQ version has more powerful functions and more users. According to the normal timeline, QQ was just developed and should still be in the stage of the original, stripped-down version.
“Since it’s a small company and has similar competing products, why don’t we acquire it?” Lin Zhiyuan said without taking a breath.
Chen Dong saw it clearly and looked directly at Lin Zhiyuan, saying, "We're a step too late. Penguin Technology has already accepted investment from Dailusi Media. Do you think now is the best time to acquire them?"
Lin Zhiyuan fell silent. Chen Dong thought for a moment and said, "However, it is still very necessary for us to contact this technology company as soon as possible."
“Annie.”
As soon as her name was mentioned, Anne understood.
Soon after, Zhong Xinxin from Penguin Technology Company in Huaxia District received a call from Annie from Longteng Group.
Zhong Xinxin was flattered and immediately reported the matter to Boss Ma.
Since signing the investment agreement with Darius Media, Penguin Technology has been fully mobilized, recruiting a large number of talents to develop and upgrade their network communication software. Currently, they are modeling their software after ICQ.
ICQ is now a trendsetter in online communication and interactive social networking in Europe and America. Jack Ma imitated this product for two reasons: first, to satisfy investors, and second, to learn from ICQ and reduce trial and error costs.
Their product was met with a cold reception when it was first launched, which shows that they had not yet grasped the market trend. So, as soon as they had the opportunity to turn around, Tencent immediately set its sights on ICQ.
Zhong Xinxin asked, "Is the ICQ brand a friend or foe to us this time?"
This chapter is not finished, please click the next page to continue reading!
Continue read on readnovelmtl.com
