Becoming Rich with Daily Scavenging APP-Chapter 448: Qian Du’s Autonomous Driving Strategy

Chapter 448: Chapter 448: Qian Du’s Autonomous Driving Strategy

"Are you only selling your Middle East reskinned mobile game? I think that SLG reskinned Three Kingdoms game is also pretty good. How about selling it together?"

As soon as Wu Changxun saw Chen Yiyang, he rubbed his hands eagerly.

He thought Chen Yiyang was planning to sell off some assets to continue enduring the siege from his rivals.

So he wanted to ask casually if Chen Yiyang was willing to sell the shares of Strategies of the Three Kingdoms he was holding.

"What are you thinking? Would I sell the goose that lays the golden eggs?" Chen Yiyang immediately glared and refused Wu Changxun.

Even though Strategies of the Three Kingdoms had been running for almost a year, it still brings in billions of profits each month, which is an important cash revenue source for Chen Yiyang.

"If you’re interested in my game company, I’ll sell it to Tengxu for a billion, on the condition that the cash is wired to me immediately after signing the contract."

Chen Yiyang named a price to Wu Changxun.

Honestly, selling at this price is a bit of a loss.

However, Chen Yiyang was eager to get the cash, so he didn’t mind this bit of loss.

After all, he bought the company for only a few million back then.

In just over a year, he’s flipping it for several times the profit.

"The price is pretty decent." Wu Changxun also found the price reasonable.

Chen Yiyang’s company purely focuses on reskin games. Selling the company is actually about selling its position in the Middle Eastern gaming market.

In terms of the company itself, it lacks technology and talent, and doesn’t hold much value.

With ten billion, Wu Changxun could decide on this deal himself.

"Have you been having cash flow problems lately? Why are you suddenly thinking of selling assets? I heard you went to Japan recently and opened up your automotive market there. Many domestic companies are studying your operations in Japan."

"There’s no cash problem. I’ve set my sights on a game company that I’m planning to invest in."

"What kind of games do they make?" Wu Changxun asked curiously.

"Anime-style games."

"Oh." Wu Changxun responded, losing interest immediately.

Tengxu had noticed anime-style games before.

Initially starting in Japan, the anime-style mobile games caught Tengxu’s attention. After research, they found these games lacked gameplay and visuals, relying solely on character art to entice players to spend money.

The abstraction level was almost equivalent to a game having nothing but a leaderboard for spending real money.

Countless people would pour money into it to climb the leaderboard.

So later, Tengxu attempted a few games of this type.

The results were less than satisfactory.

So they soon abandoned this genre.

Now, unexpectedly, Chen Yiyang was about to invest billions in an anime-style game.

Although he respected Chen Yiyang’s vision,

He still felt this area wouldn’t yield significant profits, so he didn’t inquire further.

"By the way." After doing business with Chen Yiyang, Wu Changxun, in a good mood, shared a piece of information with him.

"Qian Du Company plans to promote their autonomous driving technology in Europe, involving their future strategic layout."

"Thanks." Chen Yiyang nodded.

After signing the contract with Wu Changxun and receiving the money,

Chen Yiyang invested this money in Yingkumi, an anime-style game company.

Originally, this company’s equity structure was 10% employee stock ownership, with each of the three founders holding 30% of the shares.

After Chen Yiyang’s investment, he became the largest shareholder.

However, after a series of complex designs and agreements,

Chen Yiyang did not interfere with the company’s project development and operation rights.

But he could oversee the company’s finances and decide whether the company would distribute dividends.

Once the company starts earning big returns, he can require it to distribute dividends to all shareholders.

If this company’s days of enormous returns arrive soon, Chen Yiyang will have confidence against those hunting parties in the future.

However, now Chen Yiyang also knows he shouldn’t be too passive in the face of hunts.

The intelligence delivered by Wu Changxun this time was quite good.

He had someone investigate it.

In the domestic new energy vehicle market’s era, Qian Du naturally chose to enter this field quickly.

Because of Qian Du’s tendency to maintain a light asset model, they didn’t directly start manufacturing cars but instead focused on researching autonomous and driverless technology.

For the arduous task of car manufacturing, Qian Du invested in three new energy companies, letting others do it for them.

One of these companies was a brand co-founded with Jili.

But the harder the task, the more you have to take it personally.

Because what you find difficult, others also find difficult.

If you work hard and the outcome is still yours, better to pocket the money from the beginning.

Even though Qian Du’s president, Li Yanhong, once boasted that Qian Du’s cars would be a generation ahead of Tesla,

Very soon, not only did they fail to lead, but they couldn’t even prevent the company from going bankrupt.

Especially the car company formed in partnership with Jili was even more absurd.

The car company Qian Du co-founded with Jili, named Qianli, was initially controlled by Qian Du, with Jili providing the factory and some technology.

As the state later stipulated that both parties in car manufacturing must have qualifications,

Qian Du had to cede control to Jili, but all of Qianli’s top management were still Qian Du personnel, with Qian Du controlling company operations.

Thus, the absurdity began.

Jili made the car shells, and Qian Du was responsible for the intelligent driving technology.

Qianli’s engineers couldn’t acquire the autonomous driving technology or connect with Qian Du’s tech team.

If any issues arose, Qianli’s people had to report to their superiors first, who would then inform Qian Du personnel, and Qian Du people would forward the problems to their tech team.

With so many layers, even the most bureaucratic organizations could do things faster than them.

So it’s no surprise that Qian Du’s car manufacturing ultimately failed.

Hundreds of billions were spent for a shattered dream.

In the end, Qian Du shifted focus entirely to autonomous intelligent driving, hoping this technology could turn the tide.

However, domestic laws are quite strict in this area, so Qian Du only conducted trials in some cities domestically.

This was of no help to the stock price.

Thus, Qian Du decided to enter Europe.

If their autonomous intelligent driving technology could be implemented and showcased in Europe,

The stock market could at least experience a significant rise.

"Should we go to Europe to disrupt Qian Du a bit?"

Chen Yiyang began to consider whether to strike back at Qian Du, forcing them to retreat first.

The arms race in the video industry is particularly unprofitable for Chen Yiyang.

Currently, short dramas don’t show significant profit potential. If dragged by Kiwifruit into a money-burning battle, in the long run, Chen Yiyang would definitely lose more than his opponent.

Just as Chen Yiyang was hesitating,

Yang Chengru came to find him.