Becoming a Russian Oligarch After Rebirth
Chapter 926 - 863: New Direction of Development_3

Chapter 926: Chapter 863: New Direction of Development_3

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"That’s easy to say, but when it comes to offering some guidance, Wang Ye isn’t stingy," he casually remarked.

"Keep a close watch on this shopping center. Who knows, this might also be a feasible path. As long as the mall is a success, you’ll be able to expand rapidly. You don’t have to be in every major city, but at least in several first-tier ones, as well as some prominent large cities, where you can find suitable land to develop Joy City System malls and create a scale effect..."

Zhang Xiaoxi nodded repeatedly.

Even though, according to Wang Ye, this would require a huge investment of capital, and she didn’t have so much money at hand.

But she understood that she didn’t need to worry about the money. Wang Ye would take care of it.

Honestly, even now, it was often hard for her to imagine where Wang Ye got all that money from!

Time and again, hundreds of millions of US dollars would be transferred to the asset management company she ran, and it seemed that this money was just Wang Ye’s "pocket change," merely slipping through the cracks of his fingers...

If it were a major project that Wang Ye took seriously, how much money would he invest all at once?

Zhang Xiaoxi didn’t even dare to think about it!

Compared to Zhang Xiaoxi’s Joy City System Real Estate, the branch company under Liu Mei’s control seemed hardly worth mentioning.

However, having finally had the chance to meet with the Boss, Liu Mei seized the opportunity to report on her work.

Her main job was to collaborate with major domestic travel agencies to draw tourists for overseas travel.

It cannot be denied that, thanks to the Group Headquarters’ deep pockets and willingness to spend big on advertising, the tourism business had expanded quite impressively over the past two years.

According to Liu Mei’s report, even though it was only August this year, the number of tourists they had sent out had already exceeded three hundred thousand!

Though the cost of traveling to Russia and Crimea was much less than going to Europe and the United States, it was still an overseas trip, so not cheap.

More than three hundred thousand tourists, even after revenue sharing with domestic travel agencies, meant that the branch’s revenue was as high as over 30 billion CNY!

Of course, that was just the revenue, not the profit.

After deducting various expenses, the net profit was just barely three to five billion CNY.

In front of Wang Ye, Liu Mei felt somewhat embarrassed to even mention "this little money"...

"That’s quite good! Keep it up. The Xiao Ying Group’s business in China will increase in the future. Later on, we can consider venturing into the five-star hotel business domestically as well, which will be a key focus of the Xiao Ying Group’s next step," Wang Ye encouraged.

This wasn’t just idle talk, but the next strategic focus of the Xiao Ying Group, which had been discussed at the Director of the Group’s board meeting.

As the gambling business had stabilized and the Group’s cash flow became exceptionally abundant, it was necessary to consider the next directions for expansion.

After discussions among several shareholders, two directions were set.

One of them was the top luxury mall that Nalan Yaqi was currently working on!

Once the Moscow luxury mall gets off the ground, if the results are good, they will quickly "replicate" it in Petersburg, Crimea...

The other was Xiao Ying Group’s traditional stronghold—the hotel business!

Starting afresh now, they naturally wouldn’t be interested in average hotels; it had to be five-star hotels.

In this regard, the Xiao Ying Group also had a natural advantage, and besides, this is a legitimate business that can be expanded worldwide...