The capital market has remained active since the beginning of this year, but the Internet giants are somewhat silent, with the number of moves and the funds they use both greatly reduced. As of August, Alibaba has only invested 11 times, with the largest investment of only a few billion yuan, and its media investment has basically liquidated. Its speculation has also aroused all parties. Tencent's investment amount is less than last year's, the lowest value in seven years. Penguin, which used to spend a lot of money, has reduced its holdings of a lot of companies, causing allies who have been reduced or will be reduced to panic. In contrast, ByteDance, which has taken nearly 20 operations this year and has invested in the country and abroad, is suspected of taking the opportunity to buy goods.
For a time, some people "buy, buy, buy, buy, sell, sell, sell, and the giants don't play according to common sense, disrupting the market's spring water.
The outstanding position of Internet giants is, on the one hand, the top of their own business, and on the other hand, the huge investment territory. They have both profits and have a large voice in subdivided industries. In the least, they will not be controlled by others in a small pool.
says that Alibaba's investment is first in order to be able to integrate into its ecosystem. Tencent's investment is more about financial returns and ruthless. In fact, when giants are not short of money, it is normal to refuse visitors. At its peak, various industries were once proud of the forces behind the competition. Who is not optimistic about the big guys like BATT? But this also caused a famous scene where some giants were inaccurate in betting and all parties lost. Of course, the flaws do not hide the merits, but a few of them failed. The market value of various giants in Hong Kong and A-shares has increased, which proves that the Matthew effect has been effective again.
Some people believe that there is no need to panic about the giants' rest. They are still quietly improving their business territory. Behind Hongjiu Fruit, which has just landed on the Hong Kong stock market and won the title of "Fruit First Stock", Alibaba is its largest external shareholder. Tencent just acquired many shares in Sony's game business FS and French game company Ubisoft in late August and early September. It is about to enter the Chinese business of Tim Hortons, a Canadian chain brand Tim Hortons, in Nasdaq. Tencent's stake is higher than its parent company. Xiaomi, which has little news this year, is not idle either. A large number of domestic third-party companies in Mijia Ecosystem have been invested by it, ensuring the steady output of hot products and brand DNA. The latest news is that Xiaomi has acquired shares in several chip companies.
Moreover, with the Internet economy dividends reaching its peak in recent years, the giants who strive to defend their own traffic pool have turned their attention to the fields of hard-core technology and the real economy, which is in line with major policies and has enough "lack of eyes" to pick up. Startups that lack funds and physical enterprises that lack digital capabilities are all good investment goals.
is becoming more and more "hard" and "new", which is the new round of investment logic of the giants. Tencent has invested in the perovskite solar module supplier GCL Optoelectronics, a research and development manufacturer of new energy storage devices and PACK integrated system R&D and manufacturer of Juwan Technology, a one-stop real-time data fusion service platform DataPipeline, an artificial intelligence technology application company Wuzhi Intelligent, a robot process automation solution provider Yingdao RPA, a digital audio technology solution supplier Atmoscience Technology, a DPU chip and solution supplier Yunbao Intelligent, etc., all of which are full of innovations. Ruili Integrated Circuits, Tairuo Technology, Changxin Storage, Zhongke Microneedle, Faao Robot, Jida Transportation, Yipoyuan, etc. invested by Alibaba are also hardcore representatives in various fields.
Under the regulatory pressure of anti-monopoly and anti-capital disorderly expansion, giants seem to have contracted investment, but in fact they are just consciously cutting, slimming down and accumulating energy, not only reorganizing the relationship with allies, but also storing enough chips, waiting for the best moment to place a heavy bet - when the world economy is downward and chaotic and hard assets are not short of hard assets, the king is the king.
