On July 6th, the company officially acquired 10% of the shares from South Africa's MIH company and Penguin's founding team for 50 million US dollars.
As a result, Penguin's stock, which had been in a slump for the past month, rebounded, rising from a low of 1.5 Hong Kong dollars to 3 Hong Kong dollars per share.
Penguin's overall market value also doubled to 5 billion Hong Kong dollars.
Not only that, but Penguin also announced on the official website.
Liu Zhiping, a former executive director of the Asian investment bank of the goldman sachs firm and chief operating officer of the communications, media and technology industry group, will join penguin this month as the company's chief operating officer.
Zeng Liqing, the former chief operating officer, stepped down.
After receiving this news, Lin Xuan roughly guessed the cause and effect of this matter.
The sudden high-profile announcement of Li Zekai's company, Pacific Century Corp, to invest in Penguin was obviously revenge for the Club of America incident.
And because of the Li family's influence in Gangjiang, the acquisition of a stake in the company was definitely good news for Penguin.
The outside world generally believed that this was an opportunity for Penguin to reorganize its territory and stabilize its basic market after the SP (mobile value-added service) crisis
.
While Penguin was struggling with with SP and the plagiarism case, Yuanhang Technology ''s TT took advantage of the opportunity to
attack the entire instant instant messaging market.
Although Pony was strictly guarded and made various efforts to restore Penguin's brand image.
He even cut off one of his arms and completely shut down the mobile QQ business.
However, by the time he had completely regained his senses, MT had already risen to prominence.
In July, the data released by both sides showed that.
Whether it was the number of registered users or online users.
Both QQ and TT were already on the same starting line, and the numbers on both sides were worrying.
You might be ahead of me today, but I'll be ahead of you tomorrow.
To be honest, Ma Huateng was filled with regret. Even when there was no one around, he wanted to slap himself a few times.
He had never expected that he would reject Shenghua's investment because he looked down on Lin Xuan's background in the Jindi Coal Industry and underestimated his age and education.
But now, it seemed that he was simply stupid to the extreme.
It could be said that he had forced QQ's nemesis, MT, to come out.
If he had agreed to Lin Xuan's investment back then...
QQ would still be the overlord of online instant messaging.
Unlike now, where Penguin had half of the land.
And even if they were halfway there, he still had to defend himself to prevent CT from continuing to attack and destroy Penguin.
In addition, although Penguin didn't seem to have much of an opinion,
Ma Huateng knew that some of the founders had a very bad opinion of him, especially regarding the Shenghua investment.
If the penguin was a big ship, then the penguin should have been sailing on a golden waterway.
However, because of the hemp vine, the ship deviated from the path and sailed in the dark sea.
No one knew what this ship would experience in the future.
Was it a storm or a rainbow?
However, it was unknown if God really cared for Penguin.
Just as Ma Huateng and the founders began to have a rift with South Africa's MIH, the company
that had invested in Penguin sent people to invest in Penguin again.
South Africa's MIH might want to reduce the risk, and the Penguin founder team also wanted to bring in the help of the Li family,
so both parties gave 10% of the shares to the company.
As for this acquisition, although it was a little lower than the 300 million Lin Xuan offered a few months ago to buy 50% of the shares.
However, both MIH South Africa and Penguin's management were satisfied.
After all, that was then and that was now. QQ was the well-deserved overlord of online instant messaging.
Now, with the addition of the MT troublemaker, Penguin had its current valuation, which was already quite satisfactory.
Just as Ma Huateng and the others thought, Penguin's shares rose with the investment of the
company.
Penguin had finally taken a breather from the previous crisis.
However, in the field of instant messaging, Penguin could no longer dominate.
The entire flower plantation had formed a new pattern of instant messaging.
Both sides fought in the central and western regions.
However, in July.
A piece of news was reported by the major media outlets.
Netease's Ding Lei and Microsoft''s Bill Gates were meeting at the Imperial Capital International Club Hotel.
After a conversation, the duo announced that they would increase their communication speed.
Bill Gates even said that instant messaging would enter the second half of the game.
As a result, Skype1 launched a real-time voice communication tool, and
Yahoo2 China launched a Yahoo2 Messenger "Chatty Doll" voice animation feature.
For a time, the high-profile entry of Microsoft.com.
Even Pang Shengdong, the CEO of Yuanhang Technology, was afraid.
After all, that was the true overlord of the windows operating system, Microsoft1!
However, only Lin Xuan was not worried.
In other people's eyes, the fact that Microsoftjoined the competition for instant messaging would inevitably cause a bloody storm in the world of instant messaging.
But in reality.
Like many large international companies, it was difficult for Microsoftto make a difference in instant messaging.
It could be expected from the fact that it was a foreign company.
This was because the government would never allow a foreign company to fully grasp the information and data of the gardeners.
Even later on, when the company was cleverly formed into a joint venture with a state-owned company,
it was inherently risky in terms of policies.
In addition, as a large-scale technology company in the world, it was inevitable that there were common problems unique to large companies.
The organization was bloated, there were multiple leaders, and the approval process was cumbersome.
Therefore, in summary, Lin Xuan was never worried that a big company like Microsoftcould do anything in instant messaging software.
Instead, he felt a headache about the lucky penguin in Pengcheng.
He had thought that after the scandal of the mobile value-added service and the "plagiarism" of pets and farms,
even if Penguin did not die, it would be difficult to resist TT in a short period of time.
However, he did not expect that Lin Xuan's accident at the Imperial Capital American Club would actually indirectly help Penguin and
make Li Zekai fall into the embrace of Penguin.
"Sigh, this damned fate!”Lin Xuan could only sigh.
However, he wouldn't let go of Penguin just like that.
Because he had the personality to kill his opponents. As long as Penguin was still alive, he would feel uncomfortable.
(P.S.: New book, flowers, review tickets, your support is the author's motivation)
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