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Becoming Rich with Daily Scavenging APP-Chapter 415: Esports World Cup
Chen Yiyang personally called the boss of SNK, explaining the reason for his acquisition and promised to continue creating sequels to those classic old IPs after taking over the company.
Due to Deepseek and Yiyang Automobile, which has already been approved to enter the Japanese market.
Chen Yiyang also has a notable reputation in Japan, plus he has Toyota Osamu as a guarantor.
So, SNK readily agreed to the acquisition, and the two sides finally settled on a purchase price of 150 million US dollars.
Chen Yiyang was worried about any changes, so he urged his team in Japan to quickly sign with SNK.
Soon, the contract was signed by both parties, and Chen Yiyang immediately transferred all the money in one go, successfully acquiring 96% of SNK’s shares, completely owning SNK.
"It’s like the feeling of buying toys you couldn’t afford in childhood, through revenge spending as an adult."
Chen Yiyang was chatting while eating with the accountant in the hotel room.
The accountant rolled his eyes at Chen Yiyang’s words and said, "Your revenge spending just consumed over a billion dollars at once; it really is vengeful."
"Just over a billion dollars, that’s too cheap."
Although Chen Yiyang said this, he was still pondering why SNK, a company that had almost lost its development capability, was flagged for acquisition as a hidden treasure.
Once things are settled in the Middle East, should I go to Japan to see what games SNK is making?
Just as Chen Yiyang was thinking this, his phone rang.
He picked it up to see it was Kasim calling.
"Hello, Mr. Kasim, is there something you need?" Chen Yiyang asked.
"Do you have some time today? I’d like to invite you to dine at a restaurant."
"No problem," Chen Yiyang immediately agreed.
He thought Kasim was going to discuss investing in Saudi Future City.
The last time, Chen Yiyang had already refused the Crown Prince of Saudi Arabia.
If Kasim still hoped for his investment, Chen Yiyang decided to make an excuse that he lacked funds and would only invest after Future City was truly built.
However, when Chen Yiyang arrived at the restaurant, Kasim did not mention Saudi Future City but rather talked about another matter.
"I heard you recently bought SNK?"
"Uh, yes. How did you know?"
Chen Yiyang’s eyes widened.
His acquisition of SNK was somewhat popular in Japan, but it wasn’t news elsewhere.
Even locally, few people were discussing it.
Chen Yiyang never expected Kasim to bring up this topic.
Chen Yiyang felt strange. Could Saudi Arabia be preparing to enter the gaming industry?
"Our Crown Prince has a foundation, and under this foundation is a subsidiary named EGDC."
Kasim slowly began to speak, "This subsidiary is specifically responsible for the gaming industry.
The Crown Prince himself is a devoted gamer, and he greatly envies the era when WCG still existed."
WCG, known as the World Cyber Games, was once a prestigious tournament.
Prince Sky became famous due to winning the championship of the Warcraft project at this competition.
However, as various game companies reclaimed the rights to host esports competitions for their games, WCG’s influence rapidly declined, and it soon ceased to exist.
"So?" Chen Yiyang tentatively asked, "Does the Crown Prince intend to host an esports competition?"
"Exactly." Kasim nodded directly and said, "We previously acquired two esports companies, aiming to launch our own Saudi World Cyber Games.
For this reason, we also plan to acquire some game companies to enrich our copyright library, making it easier for us to host competitions or negotiate with other game companies."
Now Chen Yiyang finally understood why SNK was flagged as a hidden treasure.
It was waiting for him here. 𝗳𝚛𝗲𝕖𝚠𝚎𝚋𝗻𝗼𝕧𝗲𝐥.𝚌𝚘𝐦
"I got along well with the Crown Prince." Upon hearing this, Chen Yiyang pretended to be reluctant and said, "If the Crown Prince sincerely wishes to purchase SNK, I’m not unwilling to part with it."
"I heard you bought SNK for 150 million US dollars." Kasim saw Chen Yiyang was willing to sell the company he just purchased.
So he said directly, "Our company’s valuation of SNK is around 450 million US dollars, and for the friendship between you and the Crown Prince, we are willing to add another 50 million US dollars, making it 500 million US dollars to buy SNK from you."
A profit of 350 million US dollars in just a few days.
Chen Yiyang calculated the earnings and felt there was no more profitable business in the world.
Could it be that the Crown Prince was also a loyal player of King of Fighters or Metal Slug back in the day?
He told the accountant he bought it for nostalgia, spending 150 million US dollars.
But the Crown Prince went further, directly pulling out 500 million US dollars.
"I will always be a good friend to you and the Crown Prince." Although Chen Yiyang was overjoyed inside, he feigned calmness on the surface, stood up and shook hands with Kasim, agreeing to the transaction.
"By the way." Chen Yiyang curiously asked, "What games will be played at the Saudi-hosted Esports World Cup?"
"It’s not confirmed yet, but it’s certain that the most popular esports games worldwide will be featured."
"I happen to own an esports club. Could we be invited to participate in the competition?"
"You really do own a lot of industries." Kasim was momentarily stunned.
He didn’t expect Chen Yiyang to also have an esports club.
"With the friendship between you and the Crown Prince, your club will definitely be invited." Kasim also gave his assurance.
The reason Chen Yiyang had stayed in the Middle East was for a few things he needed to handle and to leave with the visiting delegation.
After selling SNK to the Saudi Royal Family, Manager Xu informed Chen Yiyang they could leave.
The delegation booked tickets to return to China, and everyone could fly back home together.
"Did you sign any big deals in Saudi Arabia?" Chen Yiyang curiously asked Manager Xu on the flight back home.
"I helped a few friendly companies sign deals worth about 1 billion US dollars." Manager Xu said with a hint of pride, "The pure profit from these deals is about 50 million US dollars."
"That’s quite a lot." Chen Yiyang nodded.
"I heard you also signed a deal worth several hundred million RMB with Saudi Arabia, so it seems you also had a fruitful trip."
"You’re behind in the news." Chen Yiyang pretended to be nonchalant, "A few days ago, I also did a 500 million US dollar deal with the Saudi Royal Family."
"500 million US dollars?" Manager Xu’s eyes widened, "How much profit did you make, and what industry was this business in? I didn’t hear any rumors about this over the past few days."





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