Rebirth 2010: I taught Mr. Lei how to make a mobile phone

Chapter 831 Acquisition of LeEco
Chen Mo finally understood why talk shows, where "each person can speak for five minutes," have mostly female audience members.

Because if the audience is mostly male, it would indeed be too dangerous.

Thousands of years ago, there was also a man named Chen who gave a speech on stage, and what happened afterward is well known to everyone.

But it must be said that this trick always works in certain situations and under certain circumstances.

During the day, he would simply reminisce about the hardships he had endured and the small business owners would empathize with him, recalling the painful experiences they had gone through in their entrepreneurial journeys.

When he uttered that thought-provoking question, Chen Mo could clearly feel a dramatic change in the atmosphere.
In fact, none of these activities were originally planned for the city center auditorium. There was no singing, no oath-taking, just a brief explanation of the proceedings, the awarding of trophies, and a group photo—nothing more than ordinary.

The risk of years of hard work being destroyed in an instant—even if he had eight lives, he wouldn't dare play with fire there.

Either don't approve it, or he'll make plans ahead of time.

But in reality, the approval was granted, but then the decision was suddenly reversed at the last minute, and after repeated questioning, the only response was "no reason."

This unfounded reason, instead of providing a reason, aroused Chen Mo's rebellious spirit.

No one cares that someone is here endorsing the direct selling industry, and no one cares that the university by Liuma Lake recruits nearly 500 industry bigwigs. He's just bringing a hundred or so small business owners to say a few words and use the venue, that's all.

It's better to guide than to block; a principle that even Yu the Great understood thousands of years ago.
The rest of the mess that followed was roughly the same.

Procedures are rules that only the weak need to follow.

Even though he has become the richest man, he is still a weakling in some respects.

Therefore, Chen Mo could only do his own thing. That's why he confiscated phones and stopped live streaming in his own park, leaving behind only a trophy with 81 "Other Shore" logos and a group photo.

However, this only strengthened his resolve to continue with the "Landing Plan"!
At first, he thought that his rebirth was a compensation from God, freeing him from his fate as a "cow or horse";
After establishing Beyond, all I wanted was to liberate some "oxen and horses," build a normal company, and provide employees with better treatment.

Later, with a bit of a retaliatory mentality, disgusting capitalism became one of the few ways he relieved stress in his life, besides his back pain.

Now, Chen Mo vaguely sensed the true meaning of this rebirth: that the current Chinese business community needs a swordsman, and that person is none other than him.

If this is just wishful thinking on his part, then he's willing to be wrong to the very end!

The practice of ancient monarchs and feudal lords referring to themselves as "Gu" or "Gua" was not without reason.

He wasn't keen on becoming the richest man, but who would have thought that the wheels of fortune would roll him to this position, which was not what he wanted.

He was not only interested in becoming the sword-wielder of China's commercial society, but extremely interested in it.

In this lifetime, he only wants to accomplish this one thing, and he will spare no effort for it.

But after this experience, he realized that the sword in his hand was not as sharp as he had imagined.

Perhaps it needs to be "enchanted".

"President Chen, President Chen?"

Jia Yueting's voice brought Chen Mo back to reality.

"Oh, sorry, where were we?" Chen Mo snapped out of his reverie, apologizing, but his expression showed no remorse, instead revealing an indifferent indifference devoid of any emotion.

During the awards ceremony in the afternoon, Jia Yueting expressed his desire to have a detailed discussion. Chen Mo, considering that the other party had gone to great lengths to see him these past few days, gave him the opportunity.

After all, it's better to guide than to block; it would be better to resolve LeEco's problems once and for all.

As soon as Jia Yueting entered the meeting room, he began to explain the new cooperation blueprint between LeEco and Beyond. Seeing Chen Mo staring at him, he thought he had a chance and spoke with even more passion.

But as they talked, they realized that the other person was just spacing out.

Despite his grief and indignation, he was powerless against circumstances. He patiently tried to summarize the key points in 60 seconds, only to find that he finished in half a minute.

Then, Chen Mo casually said, "Oh, is that so? 30 billion, I want LeTV."

No, bro, why are you so stubborn and still thinking about LeTV?

Did you even hear what I just described about a multi-billion dollar cooperation?
Now, Jia Yueting's grief and anger have vanished, leaving only resentment. After a long pause, he managed to stammer, "...Last time you said 50 billion."

"Times have changed. Last time, LeEco's market value was twice as high as it is now. I'm already being very generous by only offering a 30% discount on my 6 billion yuan investment."

"What about the cooperation I mentioned earlier?"

"Cooperation?" Chen Mo merely glanced at Lao Jia lightly.

The latter's heart skipped a beat, "Help...help!"

"Hasn't LeEco Cloud already provided assistance?"

Seeing that Chen Mo wasn't taking the bait, Jia Yueting had no choice but to settle for second best: "50 billion!"

"It seems LeEco has indeed reached its dead end."

Jia Yueting was greatly shocked by Chen Mo's business acumen, which allowed him to foresee LeEco's predicament based solely on his own quote. Is this the ability of the current top internet figure?
Then he heard Chen Mo say the second sentence, "96 billion, cash payment in one lump sum!" Hearing the offer doubled, Jia Yueting was not overjoyed, but his heart sank, because the other party was not one to be taken advantage of. An unusual offer must have a backup plan.

Sure enough, Jia Yueting then heard conditions that made his teeth ache.

"I want LeEco.com, LeEco mobile phones, and LeEco Zhixin (TV), all of them, excluding debt assumption."

The price of 96 billion was accurate, even down to the last few cents. Jia Yueting, with his accounting background, knew that this price was fair. The valuation of the three core businesses after bankruptcy reorganization was about 90 billion. This time, Chen Mo did not give a perfunctory answer for the extra 6 million, which showed great sincerity.

"But things might not be so easy to handle with Sun Hongbin."

Seeing that Jia Yueting had skipped the first step of accepting the situation and started thinking about the second step of how to handle it, Chen Mo knew that the matter was pretty much settled.

Chen Mo laughed and patted him on the shoulder. "Difficult to operate doesn't mean impossible. I believe that when President Jia brought Sun Hongbin into the game, he had already thought about how to spend the money and how to avoid the risks. Otherwise, how could more than half of the 150 billion have disappeared in just a few months?"

On the surface, Jia Yueting remained calm, but inside he was in turmoil—how did he know? No, he must be bluffing me, there's no way he could know! "Hmm, then let me think of a way."

"The sooner this is done, the better. I'm afraid it will delay Mr. Jia's important matters. All I want is a clean business and a clean team. Don't worry, I will take good care of LeEco Cloud as well."

"Haha, Mr. Chen, you make it sound like I'm about to run away. You underestimate me, Jia. Once LeEco Auto takes off, it's not impossible for us to make a comeback. I wonder if Mr. Chen is interested in LeEco Auto? Why not give it a shot?"

Jia Yueting laughed heartily, showing some of the same charm he had back in the day.

"There's no need for that. I'm not interested in building cars, especially your LeEco car."

Chen Mo silently added in his mind, "I'm only interested in selling shovels; I have someone else in charge of building cars." At this moment, the image of Xiao Lei appeared in his mind.
"I'll bring people to negotiate tomorrow. We'll sign the contract within three days and complete the handover within a week!" Seeing that things were not going well, Jia Yueting decided to cut his losses quickly to avoid any unforeseen complications.

"Yes, it just so happens that in the next couple of days, the other side will be discussing follow-up support plans one-on-one with the members of Peiqiang Enterprise. You can bring your people over discreetly and take this opportunity to talk to them and try to finalize the plan according to the timeline you mentioned."

"Okay, Mr. Chen, wait for my good news."

Jia Yueting didn't want to stay in front of Chen Mo for even a moment longer. He felt like he was naked in front of Chen Mo, with absolutely no secrets.

This feeling is absolutely terrifying.

No wonder this guy became the richest man at such a young age; there's a reason for it, it's just a bit strange.

No sooner had Jia Yueting left than Chen Mo returned to his office, looked out at the night sky through the floor-to-ceiling window, and took out his phone to call Zhang Changfa: "Keep an eye on Jia Yueting and keep track of his whereabouts."

Actually, LeEco wasn't that attractive to Chen Mo.

Even if they acquire LeEco, they will only gain more film and television copyrights—domestic titles such as "Empresses in the Palace," "The Legend of Mi Yue," "White Deer Plain," and Daylight Entertainment's "Ode to Joy," as well as American dramas like "Game of Thrones" and "Homeland," which would indeed be a great help to Beyond Video.

After resource integration, the mobile phone and TV businesses will provide greater support to Xiaomi.

But these are ultimately just icing on the cake.

After all, besides being the chairman of the Beyond Group, he is also the rightful second-in-command of Xiaomi, which is his "home base".

Then, Chen Mo called Lei Jun: "Interested in LeEco's mobile phone and TV businesses? What are you thinking? Even close brothers need to keep clear accounts. Of course, it costs money. Prepare 40 billion first. What do you mean by 'fooling'? Don't worry about that, just tell me if you want it or not."
"If you want it, bring your legal team to the other side tomorrow, and we'll have a showdown with Jia Yueting!"

On May 2nd and 3rd, the 81 companies participating in the training program were divided into several teams according to their industries. Each team received one-on-one support from the Beyond Assistance Team, which provided business assistance based on Beyond's existing resources.

To date, Beyond has dozens of subsidiaries and nearly a thousand invested companies. Although its main business is concentrated in a few sectors, its vast business empire covers almost all areas of the internet.

Providing business support to these companies in Beijing was effortless; it was essentially a small-scale resource integration.

The challenge lies in what follows—the support team will be stationed at each company in turn to make adjustments.

It takes 14 days for an individual to form a habit, let alone a company. The resistance and conflicts are predictable.

But some things are all the more important to do precisely because they are difficult!
In the past two days, Chen Mo, Lei Jun, and Jia Yueting, with their legal representatives present, signed an acquisition agreement after several rounds of negotiations.

However, before signing the contract, Jia Yueting showed a hint of struggle on his face, and finally pleaded with Chen Mo: "Resources can be shared, Mr. Chen, could you please leave the LeTV website? I would be very grateful!"

Knowing he had no bargaining power, he gritted his teeth and bowed to Chen Mo in front of the core management of Xiaomi, Beyond, and LeEco.

Chen Mo sighed as he looked at his almost pleading tone.

Whether the world calls him a fraud or a madman, the end of a powerful figure always leaves people sighing.

Chen Mo nodded, "Okay, add this clause to the end."

Ultimately, Beyond acquired LeEco's business, copyrights, and team, including key technical personnel and ordinary employees, for 56 billion yuan in cash, and planned to let the selected original LeEco team run LeEco independently.

Xiaomi spent 38 billion yuan to acquire LeEco's terminal business, including Super TVs, set-top boxes, mobile phones, as well as core technology teams and supply chain resources.

On the afternoon of May 3, the three parties signed a formal acquisition agreement at the Beyond Science and Technology Park, without making any public announcement.
Meanwhile, Sun Hongbin anxiously made a phone call, "Still no trace of Jia Yueting? Investigate further and report back!"

He hung up the phone and paced back and forth in his office.

Damn it, did that son of a bitch really run off to another country?
(End of this chapter)