Top of the Great Era

Chapter 2055 The middleman who can't get past
At this time, Ning Lu, who had been investigating for more than 20 minutes, came back and said with a smile, "I have asked about the navigation. We are doing it ourselves, but it seems that it is not simply a mobile phone navigation function."

Zhou Buqi raised his head from the pile of makeup and asked, "What's going on?"

"The surveying and mapping of maps and the collection of geographic information mainly rely on satellites and aerial photography. In the past few years, Micropoint Map has cooperated with the National Geographic Bureau and the Bureau of Surveying and Mapping, but the data of Micropoint Map is mainly purchased from NavInfo. Well, there are two companies in China that are more..." Ning Lu said this, and pointed upwards.

Zhou Buqi smiled, "It doesn't matter, let's just say it, it's okay."

Ning Lu mainly didn't want the nine newcomers present to know too many bad things about business, but the big boss didn't care, and she didn't care either.

"Yes, there is a relationship. They are NavInfo and AutoNavi. They can obtain data from relevant departments. They also have a lot of qualifications and can go to the field for surveying and mapping. These are monopoly resources." Ning Lu paused, " So whether it is Google Maps, Baidu Maps, Weidian Maps, or Apple Maps, they are actually all data purchased from these two companies.”

Zhou Buqi frowned slightly, "Only by relying on two semi-monopoly platforms, can Internet maps be made well? This will never be compared with foreign map services."

Ning Lu said: "Relevant departments should have noticed that licenses have been granted to the lower levels after the authority has been relaxed. Both Baidu Maps and Micropoint Maps have obtained the qualifications for Internet map services and navigation electronic maps, but they do not have the qualifications for basic surveying and mapping."

The nine little secretaries all looked at each other in blank dismay, having no idea what they were talking about.

Zhou Buqi’s comprehension is obviously much stronger, “So if you want to use the functions of micro-point map and micro-point navigation, most of the data must be purchased from NavInfo or AutoNavi. The purchased data will be made into electronic version, and then make some fine adjustments to this electronic version based on the platform data we have collected by ourselves.”

Ning Lu nodded lightly, "Yes, that's almost what it means. Classmate Yiming said that in the future, the food delivery, online car-hailing, and bike-sharing industries will develop, and the data scale of the Internet map will become larger and larger. The more accurate it is, the more accurate it can be by feeding back.”

Zhou Buqi shook his head, "Basic surveying and mapping qualifications are the core, which is the foundation for building a house. Internet data is only based on the bricks and tiles on the foundation."

Ning Lu followed him, and gradually learned a lot of his thinking, and said with a smile: "Well, I asked, and I said that Weidian map and Weidian navigation are actually a platform. Takeaway, shared bicycles, online car-hailing The data collected by these channels are all third-party data. But the core should be the self-operated data obtained by basic surveying and mapping qualifications. Self-operated is the core of a platform.”

Zhou Buqi gave a thumbs up, "Excellent!"

It really is so.

Not to mention now, even after more than ten years, none of the domestic map and navigation products can make a profit, and they all suffer huge losses, so they can only be supported by spending money.

One very important reason is the lack of those basic surveying and mapping data, resource monopoly has the qualification to bid, and the data is sold more and more expensive, leading to more and more losses in map services and navigation services.

This is very complicated, because most of the data of NavInfo and AutoNavi are also purchased from the Bureau of Surveying and Mapping.

Generally speaking, geographic surveying and mapping is funded by the state and operated as a national project. Each locality has a geographic bureau and a surveying and mapping bureau. Local staff complete the surveying and mapping, and then collect the data. Out.

In this process, there must be many omissions in surveying and mapping.

AutoNavi and NavInfo also have basic surveying and mapping qualifications. They can also raise a group of specialized surveying and mapping personnel to collect basic geographic information and share it with the Surveying and Mapping Bureau to offset part of the cost.

Such a large country requires too many surveyors and mappers. To support such a large group of people, satellites, drones, and even high-definition cameras for close-up street views are required, and a lot of expensive equipment is required.

This investment is too great.

Several parties are losing money. The Bureau of Surveying and Mapping has to rely on appropriations to survive. The profitability of AutoNavi and NavInfo is very weak. Internet maps and Internet navigation products are even suffering huge losses.

So this is basically a social project, just like free education and free medical care, it is a manifestation of social responsibility to provide convenience for ordinary people.

The mid-range AutoNavi and NavInfo are not bad. They both went public last year. Both are large companies with a market value of billions or tens of billions, and they have made a lot of money in the capital market.

The front-end surveying and mapping bureau and the back-end Internet companies are the institutions that pay the most money, and they are the two parties that can best shoulder social responsibilities, but they cannot make profits.

Furthermore, it is the middlemen who are making money.

The front end is the state, which is constantly providing financial subsidies; the back end is the Internet company, which is also constantly burning money for subsidies.

If there is no middleman, the loss can be less.

But there are some related guys here who can't get around. It doesn't matter that Internet companies can't get relevant qualifications, so they can only rely on middlemen to get data.

Ning Lu didn't say these things, and she didn't necessarily know about them, but Zhou Buqi figured it out right away.

This is a common phenomenon.

For example, Zhou Buqi bought a team in Shanghai, which has been renamed Shanghai Taizun Team, and wants to buy foreign aid... This is completely different from European transfer transactions.

If Manchester United wants to buy a player, the club can just talk directly to the player's club and the player's agent. The two clubs agree, the player's agent agrees, and that's it.

Not in China.

If Taizun Real Estate wants to introduce a foreign player, it needs to talk to the Football Association first, and they will appoint an agent.

The designated agent will then connect with the agent of the foreign aid and the club.Not only foreign aid, but also domestic aid. It is impossible for clubs to transfer a few players casually.

This is a very exaggerated phenomenon. The transfer fee of a player is 1 million. In fact, the transfer fee of the player's club may only be 2000 million.

Even if a player's salary is 2000 million, in fact the player's salary is only 500 million.If the fans don't know the inside story, they will scold the players, saying that they have high salaries and low abilities.Low energy is low energy, high salary is not necessarily true.

The essence of the Internet is peer-to-peer, which means removing middlemen.

But some middlemen are deeply entrenched and cannot be bypassed.

Innovation really has to be careful.

If the bank is bypassed like Alipay, it will be a bit troublesome.

To make a map and navigate, you have to behave properly.

"But there is one advantage," Ning Lu said with a light smile, "But NavInfo and AutoNavi are both listed, and their prices are clearly marked. Student Yiming is considering the solution, whether to go for acquisition or strategic investment. NavInfo Xin has the nature of a state-owned enterprise, and the major shareholder is a state-owned enterprise, so you can’t get too much equity. If it is AutoNavi, it should be easier, as long as you are willing to spend money, you can buy it.”

Zhou Buqi recalled it and paid attention to it, "You can't buy it, and you can't destroy their nature as a middleman."

"what?"

Ning Lu was slightly taken aback, not quite understanding.

Didn't he just say that he intends to acquire AutoNavi?The opinion of the president's office also intends to acquire AutoNavi wholly. How did it change so suddenly?

Zhou Buqi became more cautious.

In the previous life, Boss Ma's style was a bit fierce. He used the nature of the Internet to eliminate the middleman of AutoNavi, and directly bought AutoNavi at a premium.You must know that Ali acquired AutoNavi before going public, which is equivalent to giving AutoNavi "original shares".After Ali went public, the price of the original stock skyrocketed, and those shareholders of Gaode in the past all made money.

Two mistakes are made here.

Ning Lu looked dazed, not quite understanding what happened.

Zhou Buqi pondered for a moment, and then ordered: "Tell Yiming classmate that you can buy shares in NavInfo and reach a certain strategic cooperation. AutoNavi will not touch it for now. Middlemen in the private industry must rely on commercial innovation to bypass as much as possible. Open. Middlemen with a state-owned enterprise background must be cautious."

Ning Lu turned her head to accept the order and left.

The nine little secretaries sitting in a circle were even more confused in their eyes, and they didn't understand what happened, and they felt confused.

Zhou Buqi smiled at them, "I think this Momo is pretty good!"

"what?"

Everyone was very disappointed and curled their lips again and again.

This product is just too vulgar.

Zhou Buqi looked at them strangely, "What's the matter? What are you doing curling your lips? Pastoral, tell me?"

Zhao Li Muge held a long tone and said coquettishly: "Boss, this product is too unscrupulous!"

Zhou Buqi said: "But it can make money."

Zhao Li Muge snorted softly: "Boss, are you still short of money?"

Yan Qiqi said softly: "Senior, Momo doesn't conform to our company's values, does it?"

Even Liang Lexin, who was the most petite and most beautiful like a fairy in a painting, nodded like a chicken pecking at rice, "Yes, the quality of this product is not very good."

Zhou Buqi smiled, made a downward gesture, and stretched out three fingers, "First, I am not short of money, but you are short of money; second, I did not say that I would invest in Momo in the name of the company; Third, investment is not equal to business. The purpose of investment is to make money, which is to buy low and sell high. No matter what they are doing, buy low and sell high, and the truth is to make money.”

Many people can't tell the difference between investment and business.

If it is a strategic investment, the company violates laws and regulations, and both the management and the management are responsible; if it is a financial investment, it does not matter. No matter how outrageous things the company has done, it has nothing to do with the management. The purpose of the management It is to buy low and sell high to make money.

Zhou Buqi added, “It’s like someone buying shares in Lockheed Martin, you can’t say he’s funding the U.S. military; you can’t say he’s funding foreign companies to suppress Domestic Internet companies; if someone buys shares in Amway, you cannot say that he is involved in pyramid schemes. Financial investment is for making money and has nothing to do with specific business operations.”

The little secretaries were a little dazed.

On the other hand, Zhuo Wensi with the ball head was quick and quick, grasped some information, and asked tentatively: "Boss, you... you just said that you are not short of money, but we are short of money. What does that mean?"

(End of this chapter)