Rebirth: I Have Nothing But Money!

Chapter 117: The Wall Street Short-Seller Who Even Lost His Pants (6/10)

The market value of Ascendas Holdings has once again climbed to a peak.

320 billion US dollars!

Wall Street was wailing. Short sellers lost all their money because the market value of Ascendas Holdings continued to rise!

The 57 billion US dollars used to short Ascendas Holdings finally recovered 57 yuan!

The soaring stock price is like a runaway horse, rising all the way.

It even led the Hong Kong Stock Exchange to usher in a once-in-a-lifetime bull market, and the growth rate of the entire technology sector was terrifying.

Su Can began to direct his employees to sell off their stock prices one after another, and at the same time spent US$5 billion to acquire QQ products and product groups under Ascendas Holdings.

Ascendas also postponed the release date of its Q1 quarterly financial report for a full half a month, leaving Honor to complete the acquisition.

Although its game business is related to Tengfei Ren!

But in fact, it is just a temporary prosperity. After all, 3G network is being fully laid out. Soon, the pattern of the Internet will undergo earth-shaking changes.

Ascendas' stock price has indirectly caused the stock prices of Chinese Internet companies such as NetEase, Alibaba, and Qiandu to rise accordingly. According to detailed statistics from relevant departments, during this wave of rising stock prices of Ascendas Holdings Create the World 02, Honor has made a total profit. More than 60 billion US dollars!

Money in hand.

That is certainly unrealistic.

Su Can seized the time to use the power of capital, integrate resources, and aggressively acquire the entertainment industry, various video portals, the copyrights of film and television companies, and the copyrights of music companies.

As early as the founding of Glory.

Honor has accumulated more than 90% of the full copyrights of online books.

And now...

The power of capital intervenes!

Su Can currently holds 95% of Tianchao’s film and television copyright resources, 90% of music copyrights, more than 99% of online text copyrights, and even 95% of some game copyrights.

In the ecological deployment of big entertainment, Su Can has formed a perfect closed loop. It is even said that it is an "industry monopoly" and it is impossible for 3G to develop video. After all, the basic network configuration cannot reach the point where high-definition video does not freeze.

2011€!

In the entertainment business, the text industry is the first to bear the brunt.

Reading online articles is the cheapest and most convenient way of entertainment for most netizens.

China has the world's largest population base and is also the world's largest consumer market for online articles. However, in the past ten years, online articles have always been in a very embarrassing stage.

And the biggest enemy of online writing!

It's piracy.

It is important to cultivate readers' awareness of paying for genuine copies, and there is no doubt that combating piracy is also important.

In 2011, the main source of piracy was naturally the "Qiandu" search engine that provided search links for pirated novel websites. The copyrights of various resources such as music, movies and television were also ruthlessly removed by "Qiandu" Plagiarism, theft.

Qiandu does not produce content.

However, it relies on the world's largest Chinese search engine entrance to charge advertisers huge advertising fees, and has been criticized in various industries.

However, both singers and practitioners in the entertainment industry are disadvantaged groups, and they also have to rely on the power of capital. Without capital as a driving force, their works, no matter how excellent they are, will not shine.

To some extent.

Capital controls consumer tastes behind the scenes.

Big databases, cloud computing, AI technology, etc. are already under research and development.

And made staged progress!

April 3rd!

Honor has launched four major platforms at the same time.

Logged in to ios, Android, and PC respectively.

This is the first step in a big entertainment plan. After months of preparation and planning, Su Can's empire is finally taking its first step!

The "Glory Literature" website library, which specializes in online articles, has more than 2 million fully bought-out books. These are works purchased by Su Can at cabbage prices and at various price points. At the same time, Glory Literature has also integrated more than 100,000 books on the market. 75% of original literature websites!

The VIP payment system still continues, but considering that there were no users in the early stage, Su Can adjusted the word count of the free chapters to more than 500,000 words, and at the same time provided a variety of benefits for the majority of creators!

Glory and wealth!

It is extremely favored by the majority of content creators.

Starting from the first word uploaded and meeting the signing requirements after review, you can get a perfect attendance reward. The lowest level of perfect attendance can get 10 yuan for 1,000 words.

Remember this is 2011!

Slightly higher grades can even get 50 yuan for a thousand words or 100 yuan for a thousand words for perfect attendance. After being put on the shelves, the share ratio has not changed. It is still a 5:5 subscription share. At the same time, perfect attendance can still be obtained.

All of a sudden!

Writers online are going crazy.

Glory's love for online authors makes these authors almost hysterical.

However, with the development of online writing, the first enemy we face is Kaidu and the countless pirated websites on the Internet.

Su Can's money for the big entertainment project was really good. For the big entertainment business group, Cheng Wu directly created a legal team of 100 people——

On the first day the website was launched, it directly took 1,000 pirated novel websites with high traffic to court. The efficiency was so high that it was terrifying.

The lawsuit was accepted by the Nanshan Supreme Court.

First day online.

Honor Literature has gained 1,000,000 views with its UI design and reading experience 10 years later.

There are more than 100,000 VIP registered users.

The recharge amount is as high as 8.8 million RMB. You must know that the fight against piracy has just begun.

The biggest enemy is not those pirated novel websites, but the old gangsters behind these pirated websites!

April 3rd, 12 o'clock in the morning.

At the Yanjing and Qiandu headquarters, Mr. Li looked solemn at this time.

At this moment, even though it is 12 o'clock in the morning, Qiandu is still holding a senior executive meeting.

Because the fire...has burned up to my brows!

Glory is approaching fiercely, and what he does during this day seems to have nothing to do with Qiandu, but in fact... his sword is pointed at Qiandu, and he may attack Qiandu Technology at any time. 893There is no doubt about this.

Currently, the number of WeChat users has exceeded 200 million.

Although compared with the number of users of Qiandu, it is not in the same order of magnitude. After all, Qiandu has monopolized the search engine market, and all Internet companies in China must follow Qiandu's lead.

But now the situation has quietly changed.

In terms of user level, Qiandu beats Honor, but in terms of user stickiness and reputation, Honor crushes Qiandu.

It is impossible for users of a search engine to use it for a long time.

There is no doubt about this.

Mr. Li frowned——the meeting was shrouded in clouds.

The expressions of these executives are not good-looking. Qiandu has indeed mastered various patents with very technical barriers, but with the popularity of smartphones, search engine ports seem to have become less important.

Compared to opening Qiandu search!

There are now a variety of professional platforms and apps online.

Originally, Qiandu was going to fight a thousand-team war with Honor, but Meituan relied on the terrifying traffic of Wechat and its rise was so fast that Shidu had no way of counterattacking.

land.

And now!

Qiandu’s search engine has various hot links and pirated websites.

And Honor is engaged in large-scale entertainment and pan-entertainment, which has also touched upon Honor's core interests.

obviously.

Glory will not sit idly by.

what to do?

Are you choosing to surrender?

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