Top of the Great Era

Chapter 2266 Transforming Yahoo in Three Steps
On June 2012, 6, the big news in the market finally hit the ground.

The case of Ziweixing International's acquisition of Yahoo is officially announced.

The turnover reached 235 billion US dollars.

Among them, Ziweixing International paid a total of 1.22 million shares, with a total value of 115 billion US dollars, and another 120 billion US dollars in cash.

Yahoo's stock has been frozen.

Officially entered the delisting process.

There is no doubt that this will be the most important big news in the technology circle recently and even this year, even more sensational than Facebook's listing.Ziweixing International, as a rising star, has completed the acquisition of the veteran Internet giant Yahoo, which is really exciting.

Even major media are making horizontal comparisons between Ziweixing International and Microsoft.

A few years ago, Microsoft tried to buy Yahoo and failed.

A few years later, Zhou Buqi, the new richest man in the world, made a move, but Buming was already a blockbuster, taking down the industry giant Yahoo.

This news detonated the major media around the world.

At this time, Zhou Buqi was hiding in an old forest deep in the mountains, wearing a bamboo hat, facing the scorching sun and mosquitoes, visiting Boss Chu's orchard base.

It's a pity that the fruit is not yet ripe.

Hearing Sun Wanran's report, Zhou Buqi felt a little pity. He thought he would be able to spare a few more days to play, but now he might not be free and has to go to the United States to sit in town.

Ziwei Star International is going to hold a general meeting of shareholders to make this matter clear and at the same time appoint Yang Zhiyuan as the new director.

However, Zhou Buqi was not in a hurry.

Let Sun Wanran arrange it, and set the time in 5 days.

This time, there are some business factors.

JD.com has opened up a fresh food segment, and this visit can help JD.com bring over a big customer like Chu Cheng.At the same time, make good use of Weibo's marketing position to build Chucheng's market brand.

More important, however, is the emotional element.

This time, Zhou Buqi, Wang Shi, Liu Qiangdong, Zhang Chaoyang, Ma Pingshan, etc. all have different businesses. Boss Chu was the helmsman of a state-owned enterprise when he worked in Hongta Group.

However, everyone is essentially the same.

All are entrepreneurs.

Much the same.

People can not escape from doing wrong?
No matter what kind of entrepreneur it is, it is bound to make mistakes, and it is abnormal not to make mistakes.

There is no doubt that Boss Chu made a mistake back then, which was even enough to be shot according to the law back then.Later, the entire business community and the corporate world wrote to plead for mercy, and the death penalty was exempted and the sentence was changed to life.

What cannot be ignored is that he has created hundreds of billions in profits and taxes for the country, and his annual salary is only more than 4 yuan. When he was nearing retirement, he carefully operated through a small overseas treasury and embezzled 170 million US dollars from the company...

What is this little money?

Also because of this incident, the salaries of state-owned enterprise leaders were put on the agenda, and market-oriented salary increases and rewards for state-owned enterprise leaders began.

Even the entrepreneurs of state-owned enterprises are so difficult, let alone the entrepreneurs of private enterprises.

This time, the most important thing is to express an attitude.

Release a signal.

Others don't care, we care about ourselves.

Just like when Zhu Yuanzhang became emperor, when he read "Mencius", he was furious, saying that if Mencius lived in the Ming Dynasty, he should be the first to be pulled out and beheaded.Then Confucianism was further castrated, and such things as "the king treats his ministers like brothers and feet, and the ministers regard the emperor as his heart; Then the minister regards the king as a bandit and a enemy." Something like that.

Zhou Buqi's father-in-law of the Shi family runs Taizun Real Estate, and he told him one thing last month, saying that Li Chaoren, a real estate tycoon from the Hong Kong government, had a big real estate project for sale...

The price is a bargain!
Do you want to follow?

The price is not low, it may exceed 50 billion yuan.

Spring River Plumbing Duck Prophet.

In his previous life, Zhou Buqi didn't realize or perceive many things at all, so he just laughed and laughed happily for a long time. In this life, according to his different identities, he has truly experienced it.

However, both Wang Shi and Zhang Chaoyang belong to the kind of entrepreneurs who are idle and uncontested, and they really came to visit the mountains and rivers.Everyone went together, and in the next two days, we will go to Erhai Lake and Banna according to the established plan.

Then Zhou Buqi returned to Beijing.

The first thing I did was to meet Zheng Xiaoli, and it was confirmed that she would be the senior vice president of Yahoo, in charge of Yahoo's mobile business.

Zhou Buqi briefly talked with her about some business matters, "Yahoo is in the United States, but it doesn't have such good background resources as Jinri Toutiao in China. There is a Xiaonei network in China, backed by tens of millions of college students."

Zheng Xiaoli said with a smile: "There are also college students in the United States."

Zhou Buqi said: "That's not the same. Many articles on today's headlines are all carved out of the same mold. If they are published in China, there will be a big copyright dispute if they are published abroad. If they fail, they will be sued. "

Zheng Xiaoli nodded slightly, "I have also communicated with Thompson in the past few days, and he said that he will fully support me. After that, I will mainly do three things first."

Sitting opposite her, Zhou Buqi raised his hand, "Tell me."

Zheng Xiaoli said: "First, Yahoo is going to be a media platform. Since it is a platform, it must follow the 'self-operated + third-party' model you formulated. After all, you just said that Toutiao's success has certain special national conditions. The transformation of Yahoo cannot copy the platform model of Toutiao, but should follow the logic of the platform economy.”

Zhou Buqi was very satisfied.

Or it can be said that he was promoted extremely fast, and within 4 years of joining the company, he has already become an executive at the M6 ​​level in Ziwei Star.

Look at the old subordinate Yan Hongzhe I met in Pengcheng last time. He was still an early veteran of Xiaonei. He had great advantages in resources and connections. After so many years, he was still wandering in place.

It can be seen from the attitude.

Ms. Zheng Xiaoli really believes in Boss Zhou's judgment and theory, and will unswervingly implement his strategic line and business theory.

As an Internet practitioner, what qualifications do you have to question Zhou Buqi?
You still need to be a little self-aware.

Just listen and do things.

That Yan Hongzhe was a little overwhelmed, seemed to be a little independent thinking, did not superstitiously believe in the authority of Boss Zhou, and had his own judgment on some things... This became the fatal factor for him to stand still.

It's not that he can't challenge the authority of Boss Zhou, he is not a sage, and he will make mistakes.

The key is to challenge him, you have to get close.

At least you have to reach the heights of Zhang Yiming, He Yang, Guo Pengfei, and Meng Houkun. At this level, let alone questioning Zhou Buqi, it’s okay to quarrel with him face to face. Even many of Zhou Buqi’s decisions were made by Zhang Yiming and Guo Pengfei Give it back directly.

Just like fighting on the battlefield.

The deputy army commander can question the army commander, the deputy division commander can question the division commander, you are a small platoon leader, and you can go and point fingers at the army commander... It would be good if you are not charged with disturbing the morale of the army and shot.

Leaders at the grassroots level must implement it honestly.

Zheng Xiaoli is already a senior executive, but she is a loyal supporter of Boss Zhou, and said slowly: "You said that in the platform model of 'self-operated + third-party', the core should be self-operated. So In transforming Yahoo, I will not lower the weight of Yahoo’s past portal business. On the contrary, it should be more important.”

Zhou Buqi couldn't help but wanted to applaud her, "This is a good starting point!"

Zheng Xiaoli smiled, "Boss He reminded me, I think this idea is really good."

"That's good." Zhou Buqi nodded, "After you go, you will inevitably be vigilant and guarded by Yahoo's original forces. It gives them peace of mind. Shows them that you didn’t take their jobs in the past, you used them in the past.”

Zheng Xiaoli said with a smile: "Yes, that's what I thought. I even thought about it. There are two main apps on the mobile terminal, one is the Yahoo App and the other is the Yahoo News App. The former is a media platform we want to focus on building. It’s the US version of Toutiao. The latter is pure media, transferring Yahoo’s portal business from the PC side to the mobile side, and it’s Yahoo’s self-operated news.”

These are the specific administrative details.

Zhou Buqi couldn't participate more.

He also can't tell what is the right way to do it, and the foresight doesn't cover this at all.

Now that Zheng Xiaoli has been appointed, of course it is based on her opinion.

Zhou Buqi said: "In Europe and the United States, Yahoo has been the largest professional media on the Internet in the past few years, with a strong and rich self-operated news source. This foundation is quite solid."

Zheng Xiaoli said: "Well, even if Yahoo is not doing well now, in the field of professional media, there is no online platform that can compare with Yahoo. In the platform theory of 'self-operated + third-party', self-operated is the most difficult. Fortunately, Yahoo has a good family background and a strong self-operated system, and it only needs to make some adjustments. The business that really needs to be expanded is the 'third party'. "

"Well, how do you want to deal with the third party?"

"This is the third point I want to talk about, only buy cheap news, how to save costs."

"Oh?"

"Authoritative media such as the Wall Street Journal, New York Times, and CNN all have their own apps, and most of their content is exclusive. If you want to hang on the Yahoo platform, the price is too high. However, news is very expensive, but old news is very cheap." Zheng Xiaoli was not greedy for credit, and said honestly, "It wasn't my idea, Liang Rubo told me."

Zhou Buqi couldn't help but laugh.

He actually told Liang Rubo this idea.

Zheng Xiaoli didn't know the inside story, and went on to say: "News is very time-sensitive, but many high-quality content on "Wall Street Journal", "NBC" and "CNN" can completely penetrate time. Even old news is still very valuable. Especially For some middle and low-end users, they are not sensitive to time, and the old news is not bad at all. By purchasing old news from these well-known big media at a low price, enough high-quality content can be brought to the Yahoo media platform .The next step is to buy some not-so-high-quality news from many tabloids at low prices."

(End of this chapter)