yournovel Chapter 282 Reactions, Unexpected Events, and Reflections
Chapter 282 Reactions, Unexpected Events, and Reflections
Chapter 282 Reactions, Unexpected Events, and Reflections
TWICE's practice room: "30 billion dollars, that's a lot of money."
"I should have talked to him more; I never expected him to be this kind of person."
"China Penguin Group has invested more than 10 billion US dollars in South Korea."
"No wonder the president is taking this so seriously."
After learning about Chen Jingyuan's information, Lin Nalian and the others couldn't help but start discussing it.
They were all undoubtedly shocked!
Anyway, they all find it hard to believe that they could have accumulated a net worth of $30 billion in just a few years.
Among the many people on South Korea's current rich list, there are virtually none who are this young and have such a large fortune.
In other words, the wealthy who rose to prominence through the internet can be compared to Chen Jingyuan.
However, these wealthy people are all quite old, unlike Chen Jingyuan who is young.
"Ziyu, you chatted with Representative Chen for a few more minutes."
9
"I wonder if they left any contact information?!"
"If we talk to Representative Chen more, we might be able to get some investment information."
, 7
Many members of TWICE have set their sights on Tzuyu.
It's because only Chou Tzu-yu in the group can speak with Chen Ching-yuan; the others can't communicate with each other due to language barriers.
"You're overthinking it. I just said a few words."
Chou Tzu-yu gave a wry smile and said!
She could understand why her teammates were so excited; in fact, she was pretty much the same.
If you had such an investment expert, you could easily make money with just a little guidance.
Based on the revenue share earned over the past year, it amounted to approximately one million US dollars.
This amount of money seems like a lot, but in reality, it can only buy one apartment in Gangnam District.
We also need to consider the future, since girl group idols can't last forever.
Many girl group members consider investing their earnings, but the chances of losing a lot of money are not small.
It would definitely be different if I could get guidance from an investment expert.
This alone is enough to make TWICE want to have some connection with Chen Jingyuan.
However, they also knew that such people did not exist in the same world as them.
It's hard to say whether there will be any overlap in the future!
But one thing is certain: she must have had a very deep impression of Chen Jingyuan.
On the other side!
Chen Jingyuan went to other entertainment companies, such as YG.
This company is also a Tencent subsidiary, mainly involved in acquiring some of YG's music copyrights.
After all, there are groups like BIGBANG and BLACKPINK.
In addition, there are other actors, such as Lee Jong-suk and Nam Joo-hyuk.
Just like at JYP Entertainment, Chen Jingyuan's information still shocked many people.
Fortunately, these people also know that the two are not from the same world.
He only treated Chen Jingyuan as a passerby!
Indeed, that's the case; they don't even have a way to contact them.
Of course, Chen Jingyuan really did take a good look around, mainly because he wanted to understand the differences in actor training between China and South Korea.
As for unspoken rules and such, they were too low-level for Chen Jingyuan.
Moreover, he is not someone who easily indulges himself.
After visiting the entertainment company, Chen Jingyuan also visited many of the game companies in which he had invested.
As for KAKAO, he was left until the very end!
Unlike other companies, Kakao has become a new internet oligopoly in South Korea.
In a sense, an oligopoly is a monopoly, and it puts itself in an invincible position.
It goes without saying what this means!
Other industries in South Korea may experience fluctuations in the future, but Kakao is definitely a high-quality industry.
Even Tencent is continuously increasing its stake to maintain its shareholding ratio.
Moreover, Kakao also established Kakaom, or Kakao Entertainment Group, last year.
It owns several talent agencies, including IST and EDAM, as well as several film and television production companies.
It can be said that it is already showing signs of becoming a major player in the South Korean entertainment industry.
Having been reborn, Chen Jingyuan also knows that KAKAO monopolizes the number one music source platform and controls multiple labels.
Furthermore, they control 70% of the actors, making their influence no less than that of CJ Group.
CJ Group may be stronger in distribution channels and film production, but Kakao is involved in more than just the entertainment industry.
In addition, across various industries, its overall influence is still easily superior to that of CJ.
It's no wonder that penguins value Kakao so much, given its size and unique characteristics.
KAKAO also highly values Chen Jingyuan, the representative sent by Tencent.
Tencent is the second largest shareholder of Kakao, which is quite a large stake.
Time flies, and the day for visiting Kakao has arrived!
To Chen Jingyuan's surprise, it was Kim Bum-soo, the founder of KAKAO, who personally came to receive him.
This person is now worth over six billion US dollars and ranks third on the list of South Korea's richest people.
He will become South Korea's richest person at some point in the future!
Logically speaking, since he was just visiting and not discussing cooperation, the fact that he was personally received was quite a high level of protocol.
"Representative Chen!"
"Chairman Kim!"
Although he didn't know what Kim Bum-soo was thinking, Chen Jingyuan wasn't intimidated.
Chen Jingyuan's status is not bad either, especially since he is representing Penguin.
In fact, Chen Jingyuan still had a lot of autonomy this time.
For example, in terms of investing in and purchasing rights, including some collaborations.
The problem is that Chen Jingyuan didn't have many related ideas.
There's no need to rush into investing in SM Entertainment, as its stock price could still drop a bit.
The next few years were not easy for SM Entertainment.
Led by Kim Bum-soo, Chen Jingyuan toured the KAKAO company.
He probably felt like he was seeing a South Korean version of a penguin!
The problem is that the South Korean market is still too small, and Kakao's market value is only so-so.
Especially when North America raises interest rates in 22, it will lead to a withdrawal of funds from the Internet industry.
This directly led to the collapse of the Internet!
KAKA0's stock price will also be halved, falling from a peak of $500 billion to $150 billion.
These past two years have probably been the most glorious period for Kakao.
Although its market value has fallen, its influence in various aspects remains.
You're still making money, just less than before!
After a tour that took up most of the day, Kim Bum-soo finally shared some of his thoughts.
"Representative Chen, I wonder if Tencent could collaborate on a film?"
"I know that you are particularly talented in film and television."
It's obvious that Kim Bum-soo had looked at Chen Jingyuan's information beforehand.
He was also curious whether Chen Jingyuan's amazing abilities could extend to South Korea.
In addition, KAKAO Entertainment Group was just established last year, which is another big move.
Kim Bum-soo wondered if he could try collaborating with the talented CEO, Mr. Chen.
These words still surprised Chen Jingyuan a bit!
It's worth noting that 16 years later, not a single South Korean film has been released in mainland China.
It's basically impossible to have a China-South Korea co-production, yet they're still collaborating on a film.
Does this mean they have high hopes for his abilities?
"I need to report and think about it."
Chen Jingyuan did not agree immediately, but he did not forget to thank Jin Fanxiu for the praise.
"no problem!"
Kim Bum-soo answered without hesitation, knowing that his suggestion was indeed a bit sudden.
The problem is that Kakao Films is also under considerable pressure.
The film and television industry has long had many companies, and Kakao, a large and powerful company, would definitely be rejected if it tried to enter this field.
The South Korean market is only so big!
After returning to the hotel, Chen Jingyuan asked Yin Zailong to bring out some information about South Korean film and television.
It mainly concerns movies, and I have a general understanding of Kakao's current situation.
Currently, KAKAO is not yet among the top tier of film and television companies; it is still in the planning stages.
Kim Bum-soo clearly wants to make a breakthrough with a better movie!