Chapter 104 The Special Value of ICQ

Wu Mingxi did not have the same future memory as Zhang Junfeng, and did not know that instant messaging software would become one of the most influential software in the Internet field in a few years. It would be able to bring a large number of users to the company in a very short period of time, and would eventually evolve from an instant messaging software into a special promotion channel and platform within Internet companies.

Tencent did not find the special use and value of instant messaging software at the beginning. Later, competitors continued to emerge, and Tencent's own product development capabilities were beaten by a group of similar companies. With no other options, Pony Ma tried to compete with his peers by developing many software, games and even new products through "borrowing" and other means.

In the process of advertising and promoting their own products, they unexpectedly discovered that the precise push of "Little Penguin" to these registered users with tens of millions of registered users had surprisingly good results, and a large number of "Little Penguin" registered users were converted into users of their new products! This somewhat magical drama enabled Tencent to break through the siege in just a few years, successively killing a number of competitors, and finally successfully breaking out of the siege and reaching the top throne, becoming an emerging Internet company that ranks very high in Asia and even in the world! ……

Perhaps it was because Zhang Junfeng was usually not very arrogant, Wu Mingxi, who was confused, still asked about his doubts. After all, Zhang Junfeng spent so much money to acquire and invest in such a game company. No matter how you look at it, this deal is not cost-effective, and he might even lose money.

Zhang Junfeng raised the corners of his mouth, and did not directly answer Wu Mingxi's question, but told him about ICQ.

ICQ is an instant messaging software that combines email and chat software. It was developed in December 1996 by Mirabilis, a company founded by three Iranians: Visig, Vardy and Goldfinger.

The ICQ instant messaging software not only supports text and voice chat, but also supports asynchronous offline messages, resumable file transfers and searchable directories, allowing people to communicate quickly and directly on the Internet. This has led to a rapid increase in the number of ICQ registered users in a very short period of time. Within 6 months, the number of registered users exceeded 1 million.

Since then, the number of registered users has continued to rise sharply every month, and by the end of 1997, the number of registered users had successfully exceeded 8 million. Such astonishing data also made the market valuation of ICQ, an instant messaging software, rise steadily, and has successfully exceeded the sky-high price of hundreds of millions of dollars!

…

Hearing that the registered users and market valuation of ICQ, an instant messaging software, could reach such an outrageous level, Wu Mingxi, who was used to big events, was shocked for a moment! Wu Mingxi swallowed with difficulty and asked excitedly, "So, boss, you acquired this Nexon company not for the games developed by the company, but because you need their team to help you develop an instant messaging software similar to ICQ?!"

"We do have such plans. After all, it's not as easy to find talented programmers in Korea as it is in Silicon Valley. Since Nexon is able to develop high-quality game software, it shouldn't be difficult for them to develop an instant messaging software!"

"And with the same amount of money, not only can I get the instant messaging software, but I can also gain a group of outstanding R&D personnel. This can't be achieved in America without tens of millions of dollars!" Zhang Junfeng couldn't help but recall how crazy the Internet industry in America was in his previous life, on the eve of the bursting of the Internet bubble in 1998-1999.

All it takes is a concept related to an Internet product, and those financial institutions that are optimistic about the Internet industry will make a big investment. Even if these guys have been tinkering for a year or two and haven't come up with any groundbreaking products, the company's valuation has continued to rise during this period, often reaching hundreds of millions or even more than a billion dollars. It's crazy!

...

Hearing Zhang Junfeng say this, Wu Mingxi gave a thumbs up with admiration. His boss's vision and pattern are different from ordinary people like them. No wonder he can make so much money in such a short time! However, when he was about to arrive at Mingren Law Firm, Wu Mingxi couldn't help but think of his cousin Wu Xiuying who was still worried about the acquisition of the Emily Group. After thinking for a few seconds, he decided to reveal part of the situation to Zhang Junfeng in advance to see what his boss planned for the Emily Group.

However, when Zhang Junfeng heard that the market value of the Emily Group was close to 2 billion US dollars and that it would take at least 700 to 800 million US dollars in cash flow to take over the entire group, he hesitated.

In his opinion, the core and most investment-worthy industry of the Emily Group is its cosmetics subsidiary, and the other subsidiaries of the group are more of its extensions. Moreover, at this juncture of the financial crisis, those subsidiaries are mostly "money-losing goods" that drag the group down. If he really spends so much money to obtain the operating rights of the entire Emily Group, it would be somewhat of a loss!

…

After the car stopped steadily in the parking space, Zhang Junfeng spoke, "What I need is the cosmetics subsidiary of the Emily Group. There is no need to acquire other subsidiaries! Let's contact them and have a talk. It would be best if we can reach an agreement!"

"...What if the other party doesn't agree?" Wu Mingxi was stunned for a moment and asked casually.

"Don't agree? Then find a way to force them to agree!" Zhang Junfeng raised his lips, revealing a strong sense of confidence. "No one can resist money. Even if the Xu family doesn't want to, will the other shareholders of the Emily Group disagree?"

"As long as the price is right, those shareholders will be happy to transfer their shares and leave with cash! If the Xu family members obey, nothing will happen. If they resist, don't blame me for being rude!"

Hearing Zhang Junfeng's words, Wu Mingxi's heart shuddered. It seemed that his boss was determined to take over the cosmetics company under the Amore Group. If the Xu family really didn't know what was going on, who knew that the boss would take other harsh measures? As far as he knew, the core members of the Black Panther Security Company were all tough guys who had been involved in gangs before!

After a three-second silence for the other party, Wu Mingxi's mood quickly improved. Since the boss said so, the pressure on his cousin Wu Xiuying would be relieved a lot. Besides, the high-end cosmetics gift box under the Emily Group that the boss promised before should not be lost, right? (End of this chapter)

There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!