My Dad Is The Richest Man In The City

Chapter 81: Talk To Dad Lin! 【2 More Updates Please Subscribe】

(The second update is here, please automate and subscribe! Let’s talk about this chapter. In fact, this is the case with Penguin. Currently, the company is the major shareholder of Penguin~!)

"Jurassic Park" itself is an English version, but it was converted by Lin Yu, including the Chinese version. He modified it and uploaded it directly. The current English version was modified by him before, and he only needs to upload it in conjunction with the original text. .

The matter of Qi Wen is a deep-water bomb for the Internet writing circle!

They have already developed online writing into an international level. Besides Qi Wen, who else is there?

This time Qiwen launched "Qiwen International", and another group of powerful authors contacted Qiwen's editors and took the initiative to change jobs.

Now everyone knows that Qiwen is backed by an umbrella company, and his big boss is still Lin Yu, a soft girl with a net worth of 360 billion. Qiwen is not short of money at all, nor is he lacking of opportunities for development.

What's more, Lin Yu seems to be quite interested in Qiwen.

The matter of Qi Wen is not a big deal here to Lin Yu.

After he handled the company's affairs, he took Li Yun home the next day, had a meal with Lin's father and Lin's mother, and talked about the future development of the company.

Regarding Lin Yu's intention to enter the battery, screen, graphene, and mobile phone industries, Lin's father just warned that the industry is very deep, but did not dissuade him.

Lin Yu's net worth proves that he is not that kind of reckless person, otherwise the umbrella company would not be where it is now.

"There is something I need to discuss with you this time!"

After the meal, Lin Yu and Li Yun sat in the study, discussing business matters.

Father Lin’s study room is very large and has a balcony. Mother Lin serves tea and sees Lin Yu and Li Yun discussing with Father Lin in such a serious manner. Mother Lin also feels quite accomplished!

"The number of users of WeChat has exceeded 900 million. This development speed is beyond my expectation. Secondly, the number of people who have opened and used WeChat Pay exceeds 400 million. It would be a waste not to use such a huge number of users."

Dad Lin said seriously: "TT Group plans to cooperate with Umbrella Group to build TT shopping into WeChat. The specific conditions can be discussed by both parties.

"Of course, this is left to professional people to negotiate. I will contact you first, mainly to ask if you have any intention to cooperate!"

In business, this is Lin's father's attitude.

It would definitely be unfair if he and Lin Yu were to discuss this matter, so this kind of matter could only be discussed by professionals, and both Lin Yu and Lin's father would stay out of the matter.

Whether the umbrella company is willing to cooperate with TT is still a question.

Today, WeChat has 900 million users, 400 million of whom are using WeChat Pay, and there will be more in the future. If you just open up a platform, you don’t know how many merchants around the world will directly settle in it.

"Amazon also sent people to discuss cooperation on this matter!" Lin Yu said.

This is an opportunity for both TT and Amazon to directly expand their business to the world.

This is especially important for TT shopping, because most of TT shopping's layouts are concentrated in China, and there is not much business expansion abroad. Amazon is the most powerful in foreign countries.

Amazon has not wanted to enter the Chinese market for a day or two, but it will always be suppressed by TT Shopping. If WeChat and Amazon cooperate, Amazon will occupy a large market in China!

However, Lin's father was not in a hurry to ask about the specific situation. Whether he agreed or not was Lin Yu's business.

The key is to see whether the umbrella company has the intention to get involved in the e-commerce industry. If so, it can open up a platform of its own and invite merchants from all over the world to settle in.

If not, then cooperating with a company is the best way and you can get a lot of benefits from it.

Both TT and Amazon are willing to take out shares to promote cooperation.

Lin Yu's initial layout was to open a platform by himself and rely on WeChat users and WeChat payment users to invite merchants to settle in.

But now that both TT and Amazon want to cooperate, he is considering whether the three of them should join forces to establish a new subsidiary so that resources can be shared.

In this way, he does not need to worry about the company's affairs, nor does he need to find cooperative merchants around the world. If the three cooperate, the business will be directly spread to the world.

However, in this case, the distribution of shares will be problematic.

But this is beneficial to the three companies.

If Lin Yu opens a platform by himself, he will need to accumulate users and recruit talents in various aspects, which will take a relatively long period of time.

"Then should I choose to open a platform on my own and go it alone? Or should I join forces with TT and Amazon to set up a subsidiary, with all three parties holding shares?" Lin Yu asked his cheap dad.

It's hard for him to choose this matter. He feels that both are fine.

If you do it by yourself, it takes time to accumulate. If the three of you cooperate, you will see the results immediately.

After all, Lin Huayun is Lin Yu's father. This is just a conversation at his own home. Even if it's really business, you can still ask!

Father Lin said: "It depends on whether you are interested in the e-commerce industry. If you are interested in this area, you can also enter this industry. After all, you already have users. However, to enter this industry, you do not just need to have users." That’s fine, you may also face enemies from other e-commerce platforms including TT!”

0......Please give me flowers......

"Let me think about it first."

Lin Yu nodded seriously. He suddenly felt that now was not the time to enter the e-commerce industry.

Nowadays, the global e-commerce industry has formed a monopoly. If we want to intervene now, unless there is a revolutionary breakthrough, it cannot be done by relying on users alone.

Just like Tencent in Lin Yu's previous life, it had QQ and WeChat and did not get involved in the e-commerce industry.

After talking about the cooperation between TT Shopping and WeChat, Lin Yu said to Dad Lin: "Dad, if I want to buy shares or acquire Weibo, what are the possibilities?"

"Um?"

Father Lin was slightly surprised, wondering why Lin Yu asked like this?

But Father Lin was silent for a moment and said seriously: "It's difficult!"

"Weibo has been split and listed. The current market value is about 10 billion US dollars. TT Group only holds 40% of the shares, and the four of you, Uncle Long, hold 12%. The remaining shares are in the hands of other people, of which more than 30% are in the hands of others. In the hands of United Bank!"

United Bank is a bank jointly established by Standard Bank and Commercial Bank of South Africa. It holds a large number of shares in important Chinese companies.

MIH Group, a subsidiary of South Africa's Standard Bank, once held more than 60% of TT Group's shares.

Later, TT Group repurchased some of its shares. Until OIP was listed, MIH Group still held more than 37.5% of the shares, which was the same as TT Group!

Even if Father Lin secretly increases his holdings through operations over the years, it will not exceed 30%!

A few years ago, Standard Bank of South Africa was acquired by a commercial bank. The TT shares in the hands of its wholly-owned subsidiary, MIH Group, naturally became the commercial bank's, that is, the country's!

Later, the commercial bank and the Standard Bank of South Africa established Lianzhong Bank and acquired more than 30% of the shares of Weibo. It can be said that, together with the shares of TT held by the Standard Bank of South Africa, the right to speak on Weibo is no longer lower than that of Father Lin;

Currently, Lianzhong Bank also holds 20% of Qiandu’s shares and 6.7% of Longteng’s shares.

Therefore, it may be possible for Lin Yu to acquire shares, but it is almost impossible to acquire it.

"Dad, do you know that Qiwen Novel Network, which I accept, is planning to go international recently?"

When Lin Yu heard Dad Lin say it was difficult, he didn't ask about trivial matters, but asked an insignificant question.

"have no idea!!"

Father Lin wouldn't care about the trends of a novel website at all. After all, Qiwen Novel Network is still too small.

Lin Yu also guessed that Lin's father would answer this way, and said: "I have a translation software in my hand that supports the translation of most texts in the world... Go for it!".

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