My Dad Is The Richest Man In The City

Chapter 188: Chain Reactions And ‘Red Herrings’! 【4 More Updates Please Subscribe】

[According to statistics, Umbrella Technology sold 25 million Star Phones on the first day, attracting 150 billion in global revenue!]

[Forbes Rich List, released delayed due to the launch of Star Phone, the world’s richest man in 2018 may be Lin Yu!]

【Lin Yu: The position of the world's richest man is within reach! 】

Excluding the major operators and a small number of platforms that sell goods, all unsold mobile phones are calculated according to the low-end Starry Sky 1.0, and there are nearly 1.4 to 5.55 billion soft sister coins.

The Forbes Rich List and the Hurun Global Rich List, which were originally supposed to be released in March, have also been postponed.

These two major research institutions are both carefully calculating Lin Yu's wealth and counting the net worth of Microsoft's Bill Gates, Amazon's Bezos, Facebook's Mark Zuckerberg and others.

However, there is no doubt that in addition to Lin Yu’s continuous rise in net worth this year, the net worth of Bezos and Mark Zuckerberg has been affected by WeChat shopping and WeChat circles, and their net worth has declined.

Bill Gai's net worth has not been affected much. With a net worth of more than 100 billion US dollars, it puts a lot of pressure on people.

Both major institutions are calculating Lin Yu's net worth in detail to see if he can surpass Bill Gates and become the world's richest man.

However, the shareholding situation of Umbrella Company is unclear, and none of Umbrella's subsidiaries have been listed. It is much more difficult to calculate Lin Yu's net worth.

This time the Star Mobile phone was launched and became popular all over the world. Lin Yu’s net worth has also increased a lot. If Umbrella Technology is listed] Lin Yu’s net worth will be the world’s richest man. It will not be a problem!

However, Apple's stock price fell again due to this image.

This forces Apple to consider the proposal to release iPhone 8 in advance...

The production capacity of Xingkong Mobile Phone is very good, so the shipments are on a weekly basis, with sales starting at 6 a.m. every Saturday.

Throughout March, Star Mobile had been on the market for 10 days, with shipments of 40 million units. After that, it slowly declined and was not as popular as before.

After all, the price of Xingkong mobile phone is not low!

Affected by the injury to Xingkong Mobile, WeChat users have officially exceeded 1.2 billion, and the number of WeChat circle users has also exceeded 1 billion. Compared with the 2 billion users of Facebook, although there is still a gap, the total number of users of Umbrella Company has exceeded 1.5 billion, which is far from Facebook is not too far away either!

Facebook shows a lot of pressure!

Because all the product data of Umbrella Company are connected, you can use one account to log in to all its products. It is normal for the total number of users to exceed 1.5 billion. With so many products of Umbrella Company, there is always something that people like.

As long as you register an account, you can use it all. There is very little overlap in users, and it is more accurate than the statistics on Facebook!

The number of active users of WeChat shopping has been increasing since the release of Star Mobile, and the transaction volume has also been increasing.

the most important is!

The number of global users of WeChat Pay has exceeded 800 million, and the number of users of the newly launched Yu'E Bao has reached 100 million. The total scale of Yu'E Bao is 20 billion US dollars, which is equivalent to 135.6 billion RMB.

You must know that the competition among foreign banks is very fierce, and the interest rates are generally relatively high. In addition, Yu'e Bao was launched after the acquisition of Litton Bank. It has only been a month, and it has reached this scale, which is already very impressive.

The most important thing is that domestic WeChat Pay has not yet launched Yu’e Bao, and it has not yet received permission from the central bank.

This time, WeChat Jiebei and Huabei lent a total of 90 million US dollars after the launch of Star Mobile to stimulate consumer spending.

The funds accumulated in the entire WeChat payment exceed 60 billion US dollars, which is equivalent to 400 billion soft sister coins!

This 60 billion US dollars is the accumulated funds plus the account balances of WeChat payment users and the WeChat shopping platform!

After the user purchases something, he and the merchant confirm the receipt and payment. It will take a few days to settle, and then the funds will be transferred to the merchant's account. From then on, it will settle for about seven days, or even shorter.

However, even if it is transferred to the merchant's WeChat account, it is still within WeChat payment. All these accumulated funds add up to 400 billion soft girls.

You must know that Alipay in the previous life exceeded 800 billion in just one month, and the size of Yu'e Bao alone, not to mention all the accumulated funds, you can imagine how terrifying it is.

Affected by this news, WeChat payment has become even more popular. If Litton Bank had not been privatized and delisted, its market value would definitely soar.

Many capital companies have also joined the ranks of mobile payments. Everyone can see that this is a very big cake.

However, WeChat Pay has already taken the lead. Coupled with the security of WeChat Pay, it has been tested all over the world and it is impossible to defeat WeChat Pay.

Just because of the launch of Star Mobile, Lin Yu’s companies have all gained!

At the same time, in March, after 15 days of release, "Kung Fu Panda" took in a global box office of US$1 billion. Such a good result, coupled with the fact that there are no blockbusters in the near future, may be extended and the box office may increase a lot.

0…………Please give me flowers…

However, after waiting for two weeks, the extension will only extend one show to one or two weeks at most. After all, everyone who should watch it has basically seen it. If it doesn't make money, the theater chain will definitely cancel it.

On April 1, after more than half a month of statistics, Didi submitted an IPO application to the U.S. Securities and Exchange Commission (SEC)!

According to the last time Didi received investment, its valuation was already US$40 billion. This listing is definitely a highlight.

But... today is April 1st - April Fool's Day!

I don’t know if this news is true or false.

Who knows, could it be a lie?

Didi was established too short, less than a year ago, and it seems completely unnecessary to go public in the United States.

However, those who know will find that Didi currently occupies 70% of the domestic market, and North America also occupies most of the market. As far as the market is concerned, it has reached sacrifice and can only expand outwards or in other directions. develop.

It is entirely possible for Didi to go public!

Whether Didi develops in other countries or in other aspects, it will need to raise funds or invest in Didi again, and other shareholders will continue to invest.

This is completely unnecessary!

Lin Yu still needs money in more places. Didi has too many limitations. It is better to go public through an IPO to raise funds for development.

[We have learned about the relevant situation from Didi Company, Umbrella Company, and TT Group; Didi Company has indeed submitted an IPO application to the U.S. Securities and Exchange Commission (SEC)! (Attached is a ‘red herring’)]

The ‘red herring’ is the IPO prospectus, but it is not the official version, just a preliminary version;

The U.S. Securities and Exchange Commission requires companies applying for listing to submit documents.

During an initial public offering, the investment bank undertaking the issuance provides instructions to potential investors. The document includes the company's basic financial status, but does not involve the number of shares to be issued and the pricing!

This is the difference between this document becoming a formal prospectus, and it will need to be revised many times before it is finalized.

Because on the first page of the preliminary prospectus, special instructions must be printed in red font to attract investors' attention, so it is commonly known as "Red Salmon".

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