Chapter 262 Warning from AOL
After learning about Amazon's current developments and obvious changes, Zhang Junfeng couldn't help but feel fortunate that it was quite timely for him to have Mugur Hosking contact Amazon in advance and buy a lot of Amazon shares~!
According to the current situation, when the third and fourth quarter financial reports come out, Amazon's stock price will definitely rise sharply. By the end of 1998, Amazon's stock price will soar to $300 per share. At the end of 1999, the market value increased to 50 times that of the listing, which was regarded as a miracle in the Internet industry! Of course, it began to fall violently in January 2000. By December 2000, it had fallen by about 70% from the highest point; it continued to plummet after entering 2001, especially in October, it once fell by 95% from the highest point~!
…
Zhang Junfeng plans to continue increasing his holdings in Amazon and Apple. As for other companies with potential, although Zhang Junfeng will continue to acquire some shares, the proportion and share held will definitely not be as much as the first two companies.
Even according to Zhang Junfeng's plan, if possible, he intends to take about 30% of Amazon's shares, and about 45% of Apple's shares. If he doesn't take advantage of the low stock prices of these companies, it will obviously be impossible to get so many shares even if he uses more money later~!
…
When the other party finished their explanation, Zhang Junfeng applauded with satisfaction to express his affirmation of them.
"Mr. Bezos, I believe that under your leadership, Amazon will become the No. 1 in the field of e-commerce and a multinational company like Microsoft and Yahoo~!" Zhang Junfeng smiled and complimented the other party. After all, the man in front of him was an Internet technology tycoon with a shiny forehead.
"…However, Mr. Bezos still needs to think about how to balance the company's continued expansion and profitability. Although the development model of Internet companies mostly relies on having more registered users and market share, profitability is also a step that cannot be ignored."
“The reason why those investors chose Amazon is not only because of its unique e-commerce concept, but also because they saw the possibility that Amazon would continue to make profits in the future…”
Bezos was in a very good mood when he heard Zhang Junfeng's affirmation of him.
Zhang Junfeng was quite "kind" in accepting the pertinent suggestions from shareholders who supported him, but they needed to discuss further how to make improvements in the future.
Later, under the guidance of Bezos and other company executives, Zhang Junfeng and others visited and saw Amazon's office areas and distribution center network, fulfillment centers, marketplace business and other special projects.
Even though Zhang Junfeng has the memory of the next few decades, he still has to marvel at the genius and creativity of Bezos and others. These people were able to build an operating model similar to Jingdong in the future during this period of time. It must be said that the genius and ideas of some people are completely epoch-making. Even after more than ten years, they still have a huge market and competitiveness in Longguo.
…
Near noon, after Zhang Junfeng and his group left the area where Amazon was located, they looked for a decent restaurant nearby and planned to return to New York after dinner.
Not only Wu Xiuying, but even the usually stable Mugur Hosking felt puzzled by Zhang Junfeng's tight schedule.
"BOSS, it's a rare opportunity for you to come here. There are quite a few Internet companies here. Maybe we can take a look at them together..." Although he was not quite sure about the specific plans of the boss Zhang Junfeng, Mugur Hosking believed that since he was already here, he might get some unexpected gains by taking a look at other Internet companies.
After all, nowadays Internet companies are popping up like mushrooms after a rain. It is understandable that Zhang Junfeng, who is usually far away in Goryeo on the other side of the ocean, is not familiar with the situation here.
However, Zhang Junfeng smiled and waved his hand to reject his idea. "There are indeed many Internet companies, but not many of them are worth investing in. Investing as much of the available funds as possible in those valuable companies is our most correct choice at the moment..."
Seeing Zhang Junfeng say this, the others nodded thoughtfully and didn't say anything more. Anyway, the big boss Zhang Junfeng had made up his mind, so they just had to follow the rules.
——————Dividing line——————
Far away on the other side of the ocean, in Goryeo, Seoul.
Nexon received a warning letter and a lawyer's letter from AOL, an American company, which means that the KakaoTalk they developed is suspected of infringing on the relevant patents of their ICQ instant messaging software. They will also formally file a lawsuit in an American court in half a month.
When the subordinates received the two documents, they were completely panicked. You have to know that this is America. If they really sue and win, then they will be in big trouble. Not only will they have to pay additional compensation, but even the reputation they have worked so hard to build will collapse overnight.
Regarding this sudden warning letter and lawyer's letter, Nexon's president, Kim Jung-joo, acted quite calm. He glanced at his nervous subordinates and ordered calmly, "Fax these two documents to the Galaxy Group headquarters and call them to inform them of the situation. They will handle it properly, so we don't need to worry about it~!"
Seeing that their president behaved so calmly, the subordinates gradually relaxed, responded, and left with the two documents.
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
Watching his subordinates leave, Jin Zhengzhou's relaxed expression quickly faded, replaced by a solemn look. Although he had expected that the American company would notice their "actions" in Asia, he didn't expect the other party to react so quickly~!
Fortunately, they had formulated countermeasures before, which have been in place for two or three months. It is a good opportunity to ask the other party about the progress of their R&D improvements~!
Having made up his mind, Jin Zhengzhou quickly made a phone call and called the team leader who was responsible for the subsequent improvement and development of the instant messaging software to ask him about the specific situation.
Jin Zhengzhou was completely relieved when he heard that the other party said that they had successfully developed the 2.0 version of KakaoTalk, which not only made a lot of optimizations based on the original version and added two or three plug-ins, but also the smoothness of the software ran well in the second round of testing.
(End of this chapter)