Chapter 255 Adding Fuel to the Fire
Chapter 255 Adding Fuel to the Fire
Just as Haofeng Group was avoiding everyone's attention and quietly extending its reach to Xiao Rixing, making intensive preparations for a transnational acquisition of Toei Animation.
In the domestic internet and entertainment battlefield, Tencent, an established empire, is also ushering in a golden period of explosive growth that can be described as a resurgence.
In the financial reporting hall of the Fiyta Building in Nanshan District, Shenzhen, a long-lost jubilant atmosphere has been present for days.
After being suppressed by Haofeng's Weibo in the public social sphere for several years, Tencent relied on WeChat Red Envelopes during the Spring Festival to launch a surprise attack on Pearl Harbor, building an insurmountable steel defense line on the mobile platform.
Riding the wave of mobile growth, Tencent Video has also ushered in its moment of glory.
They took the rights to "My Love from the Star" and "The Heirs," which they bought from Haofeng for a staggering 200 million yuan, and promoted them wildly on their own platform.
The trope of tall, handsome male leads falling in love with tycoons captivated countless young female netizens and audiences in lower-tier cities, bringing Tencent Video tens of millions of new daily active users and nearly matching iQiyi in terms of traffic.
In the PC game arena, Tencent Games IEG has achieved frequent successes.
The 3D action MOBA game "Smite," which they have heavily invested in distributing, has been heavily promoted in China for its open beta.
Unlike the somewhat outdated 2.5D top-down perspective of League of Legends, Smite features a highly immersive 3D over-the-shoulder perspective with stunning visuals.
Even before the game was officially released, major review media outlets and gaming influencers in the industry had already received public relations fees from Tencent and were singing its praises on various forums:
"A 3D perspective that delivers devastating impact! This is the ultimate form of MOBA games!"
"Smite will end League of Legends' dominance in internet cafes! The answer to Tencent's return to the throne of PC gaming lies here!"
Even in the fields of payments and e-commerce, Tencent is expanding in multiple areas.
In an effort to counter Alibaba's Alipay, Tencent also acquired a controlling stake in the leading ride-hailing app, catching Alibaba somewhat off guard.
In the broader e-commerce arena, Tencent has made a high-profile announcement of its investment in JD.com, securing strong external support for Tencent's e-commerce business on the PC platform.
One man single-handedly took on two giants, Alibaba and Haofeng, launching attacks on all four fronts: social networking, gaming, payment, and e-commerce, yet still managed to maintain a balance between offense and defense and not fall behind!
Looking across the entire Chinese internet, only Tencent has the financial resources and foundation to match.
……
However, they were facing a massive, multi-pronged attack from the penguins.
Inside the Jinling headquarters, Li Feng displayed an almost abnormal calm.
Unlike Jack Ma from Hangzhou, who aggressively promoted his own "Laiwang" app to compete with WeChat and risk his life.
Li Feng clearly understood that WeChat's social network of acquaintances was an impenetrable barrier.
Instead of engaging in a pointless war of attrition that yields no reward, it's better to close the door and continue to firmly establish the esports and gaming ecosystem within our own little corner of the world!
Early May, Jinling Olympic Sports Center.
The final battle of the 2014 LPL Spring Split of League of Legends reached its climax amidst the roar of tens of thousands of spectators who nearly lifted the dome off the stage!
This is an absolute clash between a rising star and a veteran powerhouse!
The two teams facing off are EDG, a rising super-popular team that was dubbed the "traitor team" at the beginning of the season due to the departure of Clearlove and Curly, but has now swept the league with undisputed dominance!
And then there's iG, a powerhouse team built with a huge investment from CEO Wang and boasting veteran stars like PDD!
Congratulations to EDG team!!!
As the commentator's almost hoarse shouting filled the air, a sky full of confetti and fireworks exploded above the stage!
Three to zero!
A clean and neat shaved head!
The original EDG "god-like" team, composed of Koro1, Clearlove, U, Namei, and FZZF, crushed Xiao Wang's iG team in the finals with an almost brutal visual effect, giving them a sound thrashing for three games!
When Li Feng walked onto the stage amidst a tsunami of cheers from the audience and personally handed the Hermès custom-made solid gold Supreme Trophy to the factory manager.
The flashes of light throughout the venue illuminated the night as if it were daytime.
……
Meanwhile, outside the VIP lounge corridor behind the stage.
Young Master Wang leaned against the cold wall, looking somewhat lost and dejected, his face alternating between pale and flushed, staring at the glaring 3-0 score on the broadcast screen not far away.
This clean and decisive sweep left Mr. Wang, who usually flaunts his high profile on Weibo and calls himself the principal of e-sports, feeling as if his face had been ripped off in public, thrown on the ground, and trampled on again and again, causing him to lose all face!
"Li Feng is only here to present the award tonight...it must be because of my dad!"
The veins on Xiao Wang's forehead throbbed. "Otherwise, why would he come here personally to embarrass me?!"
His pride shattered at that moment.
Meanwhile, the iG team manager was nervously handing over warm water, not daring to look up at his boss's almost murderous expression.
"Mr. Wang, actually we did pretty well in this spring season, it's just that everyone's not in good form today..." the manager tried to say in a low voice to comfort him.
"Shut up!!"
Wang Sicong snatched the water glass and smashed it on the ground with a loud bang!
"Out of form? You got crushed in three straight games, and you call that being out of form?!"
"Go! Notify iG management!"
"Let that pathetic PDD, who got his meat shoved off his face and treated like a dog on stage..."
"Tonight, immediately, right now! Retire for him!!! Get him out of iG!!"
……
Meanwhile, in the private room just a wall away...
Wang, the richest man in China, was sitting side by side with Li Feng on the sofa, each holding a cup of tea. On the mahogany coffee table in front of them were several top-secret plans for Wanda Commercial Properties.
The reason Old Wang came to Nanjing today in person, to sign the document and watch his son play video games, was just a pretext.
His real purpose was to discuss with this young and powerful ally a capital hunt about the future landscape of China's real estate industry!
"Brother Li, that thing you mentioned on the phone before... is the news really true?"
"Is Baoneng really preparing to take action against Vanke?"
Vanke!
Today, it is undoubtedly the dominant player in China's residential real estate market!
Wang Shi has sat in that position for so many years, calling himself the godfather of Chinese entrepreneurs, high above and very prestigious.
But Li Feng has never been a magnanimous person.
Back at Mission Hills Golf Course, that old man's arrogant and condescending attitude was clearly written down in Boss Li's little notebook!
"Brother Wang, you can rest assured about my sources."
"Baoneng has already secured all its insurance funds and bridge financing. By the end of this year at the latest, they will begin acquiring Vanke shares on the secondary market and launch a hostile takeover."
"This is a business worth hundreds of billions."
Li Feng looked at Lao Wang with a half-smile and began to fan the flames and instigate the situation.
"Dude, those office buildings and commercial plazas under Vanke's name, and the land they've hoarded in prime locations in Shenzhen and Beijing... those are all guaranteed to make a profit!"
"When they're fighting like dogs, when Wang Shi and Yao Zhenhua are locked in a life-or-death struggle, and Vanke's internal cash flow is running tight..."
"Wanda could easily act as a white knight, or even join forces with Baoneng to snatch some of the fattest pieces from Vanke!"
"This is so much more cost-effective than you struggling to acquire land and build plazas under regulatory pressure!"
Hearing Li Feng's hunting plan, which was so profitable it was breathtaking.
Even on Wang Jianlin's weathered face, which had witnessed countless ups and downs in the business world, a blush of excitement couldn't help but appear.
Wanda is currently in a rush to list on the Hong Kong Stock Exchange to inflate its valuation. If it can take advantage of the upcoming Vanke-Baoneng wave and acquire Vanke's core commercial and office assets...
Wanda's dominant position in the commercial real estate sector will then be unshakeable!
"Alright! Brother Li, we Wanda will wade into this mess!" Old Wang slammed his hand on the table, making the alliance with a menacing air.
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