"Need not."

Wang Liu shook his head, spent 10 million US dollars, and joined hands with NCsoft to establish a joint venture company. He invested so many resources to enter the game market. Of course, Sina Le Valley would not be willing to fail the first project. It is normal to struggle for a while.

Tiansheng has announced its financial report, and the gaming industry basically knows that free games are profitable. Other companies have not waited and watched, and have announced free one after another.

Now that free has become a trend, "Paradise" wants to struggle, it can only follow it for free. Wang Liu is not surprised at all.

If it was before the public beta, he was a little worried that the genuine "Paradise" would be introduced into China and his pirated version of "Legend" would be affected, but after actually watching it in the past six months, it has been completely proved that he was thinking too much.

When the market has been occupied by "Legend" in advance, it is basically impossible for "Paradise" to seize food from a tiger's mouth.

Now with the support of the free mode, Tiansheng has consolidated its market share and has taken the opportunity to expand a large amount of money. Now it has firmly gained an absolute advantage. It will undoubtedly be even more difficult for "Paradise" to compete with him.

Even if it is changed to free, it is just a unnecessary struggle and there is no need to run it.

"Just don't find a way, "Paradise" can't cause any more storms and waves. You don't have to waste your energy on it. With this time, it's better to think of a way to deal with Sina.

Let me tell you about Pan Xiaowen and Lin Feng, and let them think of ways to strengthen their competition with Sina and try to chew two pieces of meat."

Although it is a pity to fail, entering the game market is originally a try by Sina. Not to mention that a project fails, the entire attempt will fail. The game company is defeated and will not have much impact on Sina.

The portal and wireless markets are different. One is Sina's core business. It was developed by the portal business at the time and is still its main source of income until now.

Another is the new huge growth point I just found. The financial report released not long ago was thanks to the outstanding performance of the wireless service, and Sina's overall performance in the second quarter achieved significant growth, and the growth momentum was basically supported by the wireless service.

Instead of wasting time on an inconsistency game business, it is better to spend more energy thinking about how to do it from these two aspects.

If Sina can be suppressed in portal and wireless services, it will make it hurt and even hurt.

Li Xiangtao obviously understood the truth, and he didn't say nonsense, so he agreed directly: "Okay, I'll notify them when I get back."

...

"The First Annual Conference of Online Games was successfully held in Beijing"

"Tiansheng Kuang won eight major awards and became the biggest winner in the game"

"The First Online Game Annual Conference, Tiansheng won eight awards"

The news that Tiansheng won eight prizes was held on the same day and attracted a lot of attention. As Tiansheng's stock price, which had been stable for several days, also showed a slight increase again.

Lu Shengjie also did what he said. After returning, he arranged the "Healthy Game Advice" proposed by Wang Liu, and it was progressing very quickly. The annual meeting was held on the 20th. In just one week, the General Administration of Press issued a formal notice on the 27th, stipulating that from September 1, all newly published electronic game publications and Internet game publications must be published in full text at a prominent position on the screen.

Game publications published before September 1 must be published "Healthy Game Advice" after reprinting. Any game publications that have not published "Healthy Game Advice" as required will be suspended from publication, operation and sales.

The game manufacturers had already known the news during the previous annual meeting. Although they were not sure when the exact time would be released, they basically knew in their hearts, and the advice must be issued, just one day earlier or one day later.

I was prepared in advance, but the notification did not cause much reaction.

However, the outside world has become lively due to notifications, especially for the general public, online games are becoming more and more popular. Reports about abandoning their studies because of being addicted to online games are common. Parents have long regarded online games as a flood and usually guard against their children, for fear of being obsessed with online games and ruining their lives.

Now let me know if it is useful, but it is at least good news. Countless parents applauded. When they learned that this advice was initiated by Wang Liu, they even cursed Wang Liu a lot less.

As the founder of Tiansheng, the leader of the game industry that everyone hates, Wang Liu has been scolded a lot by them, and this time it was a surprise.

...

September unknowingly came.

In the morning, as soon as Wang Liu woke up, he received a call from Zhou Zhixiong. He excitedly told him good news.

"Mr. Wang, Ctrip was officially listed on Nasdaq last night. The stock price performed better than we expected. The issue price of $18 rose directly to $33.94 by the close. The stock price rose by 89% on the first day of listing."

"How much has it increased?" Wang Liu was sleepy and confirmed in a deep voice.

“89%.

What a guy, he almost doubled... Wang Liu looked shocked. Before he went public, he thought that Ctrip's performance has been good in recent years. The issue price of $18 is a bit low, and there will definitely be room for growth after it goes public.

But I didn't expect that it would increase so much by 89%.

After being shocked, he was overjoyed. The stock price nearly doubled, and the value of the stock he held also nearly doubled.

Based on the closing price of $33.94, the 1.88 million shares of Ctrip he holds are now worth more than 60 million US dollars, which is more than six times more than the 10 million US dollars he invested at the time.

How many months have passed?

This investment is really profitable.

As expected, equity investment is the most profitable.

Wang Liu sighed in his heart, and then inexplicably thought of Changfeng's first investment target, Acorn International, and involuntarily asked: "Have you known about Acorn recently? How is the situation now?"

Zhou Zhixiong smiled and said, "I just had a meal with Yang Dongjie some time ago to learn about the situation. Over the past year, Acorn has won 20 TV stations in succession. Now there are 29 TV stations that have cooperated with Acorn to broadcast programs.

In addition to the main business of TV shopping, Acorn also opened a flagship store in Tiansheng Mall and opened up an e-commerce channel.

With a two-pronged approach, the performance has increased very well. Last year's performance increased by 81% year-on-year compared with the previous year, and this year it is expected to exceed 100%.

In addition, Yang Dongjie also had some new ideas, thinking that he only did sales, and his profit was really limited. He also wanted to penetrate deeper, control the brand in his own hands and control production.
Chapter completed!