Chapter 584 - 460: Second Update
Chapter 584 - 460: Second Update
Every time before entering the hotel, he asks them to help check the source of the ingredients at that place, which is really an attention to detail that is mature beyond his age.
"From the perspective of dining preferences, Yiyi is more like Uncle’s son." Watching Ning Youyu, who was seriously eating the Buddha Jumps Over the Wall, Shi Wangyue couldn’t help but lean close to Ning Youguang’s ear and say.
Ning Youguang was slightly stunned, then gave Shi Wangyue a sidelong glance, "What nonsense are you talking about?"
Although her dad does indeed love junk food just like Yiyi!
"I was just making things up." Shi Wangyue quickly sat up straight and drank his own soup.
...
The Monday meeting ended.
Shi Wangyue called Assistant Jin into the office, pointed at the recently viewed file on the computer and asked, "Is this all the information we have on Apple Video?"
"Yes, it mainly includes their company strategy and business model." Assistant Jin replied, "By this morning, the finance and actuaries will organize their data and send it to you."
"Have you gone through all this information?" Shi Wangyue asked.
"I have." Assistant Jin said, "Their model is rather rare, we’re not sure how to predict it."
"Have someone analyze it carefully, it doesn’t matter if the model is unfamiliar." Shi Wangyue said, "Take a good look at what value their model can offer to users and the industry; no matter the model, the ultimate goal is to create value."
"Alright, boss." After communicating, Assistant Jin was about to head out, but just before turning around, thought about it, and asked the question weighing on his mind, "Boss, we already own Youle Video, why should we acquire Apple?"
Youle Video and Apple Video are among the three members of the first echelon of domestic long-video platforms, and Starlight Investment Fund Co., Ltd already owns 67% of Youle Video’s stock.
In Assistant Jin’s view, a long-video platform of Youle’s scale is sufficient for Starlight to own.
After all, while investing in them allows one to enjoy the high growth dividends of online media development, it also consumes a lot of costs due to market competition, leading to significant losses.
Even if the investment is in a platform like Youle, which is the most profitable in the entire domestic long-video first echelon, the actual return is far less than what is invested.
Shi Wangyue certainly understood Assistant Jin’s concerns, "Don’t worry too much about that, the consideration for acquiring Apple is because I believe that with its positioning and operational trends, it can be crafted into an important part of Youle’s content ecosystem strategy."
From an investor’s perspective, in a generally loss-making monopoly industry, integration can bring about the greatest advantage by altering the competitive landscape, thus gaining higher bargaining power upstream and downstream to increase returns.
From a user’s perspective, if Youle Video and Apple Video, both belonging to the domestic long-video platform, can merge, it would significantly enhance the strength of both platforms, allowing them to enjoy more premium resources.
If that’s the case, they might be willing to accept some price increases.
With Shi Wangyue’s guidance, Assistant Jin understood, "If we propose a union with Apple, they’ll certainly consider it carefully."
The key consideration here is whether Youle is willing to "merge" with them, "acquire," or operate both platforms.
Shi Wangyue nodded, "This is a challenge for Apple’s management."
Assistant Jin thought for a moment and added, "Even after Youle and Apple unite, they will still face pressure from other competitors." 1314
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