Chapter 302 Signing of the Malaysian Project and the Shocking SoftBank Plan
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The purpose of TCS, a Singaporean television organization, seeking cooperation with Li Xiaofan is also to promote their company's "Talented Newcomers" ace talent show.
Recently, the Yahoo Singapore site, which was launched in early October, has been extremely popular in Asia, with an average daily visit and click volume exceeding one million.
The Internet is a new thing, and many people in countries such as Japan, Singapore and the Philippines have a strong admiration for the United States. They are very interested in new things happening in the United States and like to catch up with the fashion in the United States. The United States across the ocean is experiencing an Internet boom. The average daily traffic of Yahoo in the United States has already exceeded the 10 million mark, which has also led to the popularity of Yahoo Singapore.
In addition to local netizens in Singapore, there are also many Internet users from neighboring ASEAN regions such as Malaysia, Indonesia, Thailand and the Philippines, as well as a large number of netizens from Japan and South Korea.
After seeing the huge traffic and popularity of Yahoo Singapore, the senior executives of the Singaporean television organization sent people to contact Li Xiaofan's company, hoping to conduct online promotion activities for the finals of the "1995 4th Talented Newcomers" to be held at the end of the year, in order to increase the popularity of the program and the newcomers, and to build momentum for the auditions of the 5th Talented Newcomers to be held the following year.
In his previous life, Li Xiaofan watched the 1995 4th Talented Newcomers program broadcast on Channel 8 when he was in Singapore. In the end, the champion of the women's group was Zheng Xiuzhen, the third place was Guo Feili, the champion of the men's group was Shen Qingfan, and the second place was Li Mingshun.
Zheng Xiuzhen and Guo Feili were later called two of the "Four Beauties of Singapore", and the other two were Fan Wenfang and Lin Xiangping.
At that time, the most popular choice among the public was that the male and female champions would be Li Mingshun and Guo Feili, but the final results were a bit surprising. The most eye-catching performance in the men's group was Li Mingshun from Malacca, Malaysia, and he was highly favored to win the championship. Later, he was runner-up in the finals. It was rumored that if Li Mingshun won the championship because he was a Malaysian Chinese, Singaporeans would lose face...
The Entertainment Program Production Department of Singapore Television came to connect with Li Xiaofan and his team. After discussion, they planned to launch a voting page for candidates of the "Talented Newcomers" program on Yahoo Singapore Station, allowing the public to vote for several popular candidates and increase the popularity of these new stars in the future.
At that time, the main competitors in the women's group were: Zheng Xiuzhen, Lin Qianping, Guo Feili, Deng Shufang, Lin Xiaopei and other five people.
The main competitors in the men's group were: Shen Qingfan, Li Mingshun, He Zhijian, Huang Jiongyao, Wu Robin and other five people.
Li Xiaofan handed over the work of connecting with Singapore Television Organization TCS to Desha and Gu Qijun. Desha once had a dream of becoming a star and wanted to work in Singapore Television Organization, but she had a foreign face and could not participate in the "Talented Newcomers" program for Chinese people.
But now Desha feels that working under Li Xiaofan is more interesting and very challenging. Although she often works overtime, she earns a lot of money and can gradually become independent at work.
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The successful launch of "Pacific Online Bookstore" in Singapore in late October and the impressive data attracted great attention from Malaysia's Hong Leong Financial Group.
After obtaining a business visa from the Malaysian Embassy in Singapore, Li Xiaofan went to Johor Bahru on Wednesday, November 1, to sign a cooperation agreement on the Malaysia "Pacific Online Bookstore" project on behalf of Singapore Pacific Network Technology Pte. Ltd., Hong Leong Financial Group represented by Xu Jige, and Guanghui Pte. Ltd. represented by Hui Ge on behalf of Malaysia.
Singapore Pacific Network Technology Pte. Ltd. is a newly registered project company of Li Xiaofan and a wholly-owned subsidiary of Singapore Yifan Pte. Ltd.
The Singapore "Pacific Online Bookstore" project is invested by Singapore Pacific Network Technology Pte. Ltd.
According to this agreement, the first phase of the Malaysia "Pacific Online Bookstore" project will invest US$2 million. Among them, Singapore Pacific Network Technology Pte Ltd. holds 70% of the shares and invests 1.4 million US dollars, Malaysia Glory Pte Ltd. holds 20% of the shares and invests 400,000 US dollars, and Malaysia Glory Pte Ltd. holds 10% of the shares and invests 200,000 US dollars.
Subsequently, the three teams began to work closely together, and the first phase of the "Pacific Online Bookstore" project in Johor Bahru, Malaysia was officially launched...
On Tuesday, Li Xiaofan flew to San Francisco.
In the first week of early November, Singapore Ascendas Group and Singapore City Development Land successfully signed online advertising cooperation agreements with Yahoo, USA.
Singapore Ascendas Group will continue to advertise for global investment on the Yahoo website in the United States for half a year. Focus on promoting the Sino-Singapore Suzhou Industrial Park, a cooperation between China and Singapore, and the Singapore Science Park in Singapore to global investors...
The advertising contract amount signed by Singapore Ascendas Group and Yahoo, USA in the first quarter is 960,000 US dollars.
The advertisement of Singapore's City Development Company is to recommend the Wingate Cove villa area in Sentosa, Singapore, which they developed, to the world's wealthy people. The first phase of advertising signed with Yahoo of the United States is worth US$500,000.
The two large Internet advertising contracts introduced by Yahoo Singapore were like a shot of adrenaline to the operation team of Yahoo USA. These two large-value advertisements made them very excited, and also made Jerry Yang, Filo and Mr. Moritz of Sequoia Capital look at the Singapore team led by Li Xiaofan with new eyes!
Recently, several investment companies on Wall Street in the United States, such as DFJ Investment, IDG and Carlyle Group, have put forward investment plans for Yahoo after completing due diligence.
After comparing several plans, DFJ Investment offered the best conditions: valuing Yahoo at US$200 million, investing US$40 million and holding 20% of the shares.
When Mr. Masayoshi Son of Softbank Group learned about the latest investment conditions offered by DFJ Investment, he became anxious. He was very optimistic about the prospects of Yahoo's project.
Moreover, Yahoo USA has begun to enter the NASDAQ market for IPO under the leadership of Mary Meeker of Morgan Stanley, and initially planned to be listed on the NASDAQ market in April next year, 1996.
The recent news made Masayoshi Son extremely anxious. He couldn't let the cooked duck he had been watching for a long time fly away!
Two days ago, Masayoshi Son gritted his teeth and proposed a new plan on behalf of SoftBank Group: Yahoo was valued at $250 million, SoftBank invested $50 million, and held a 25% stake.
This new plan of SoftBank Group shocked Jerry Yang and Filo. Just a few months ago, the earliest plan proposed by SoftBank Group valued Yahoo at $12 million, but now it has reached $250 million, an astonishing 21 times!
Jerry Yang and Filo, the two founders of Yahoo, couldn't believe what was happening before their eyes. This era has become a little incredible!
This time, Li Xiaofan flew to Silicon Valley in San Francisco, USA, to attend the Yahoo shareholders meeting convened by Jerry Yang, and discuss with Filo and Mr. Moritz of Sequoia Capital and several other shareholders the latest plan proposed by SoftBank Group to increase its capital and invest in Yahoo.
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