Sprinkle coins every day

Chapter 306 Ahri's startled winter, choose one?I want it all!
Qiandu Headquarters.

The circle-breaking effect caused by Weixin also spread to Qiandu.

In fact, Qiandu Empire was also built around the traffic portal, especially in the PC era, a series of derivative products were built around the search portal, such as maps, post bars, encyclopedias, and so on.

But in the era of mobile Internet, all this is not easy to use.

Let Qiandu get into trouble for a while.

In the era of mobile Internet, some traffic is taken away by independent apps, such as Weixin, ICQ, and even Mobao APP, news client, etc., which are themselves very important traffic entrances.

The other part is in the hands of mobile browsers.

On this point, Google undoubtedly sees more thoroughly than Qiandu, and its layout is more far-reaching. Its Chrome browser has always had a global market share close to 50%.

Maintained the basic disk of Google search.

At the same time, Google also pays a huge "protection fee" to Apple's Safari browser and Firefox browser every year to ensure that these mobile browsers use the Google search box.

This has established Google's search position in the mobile Internet era.

In contrast, Qiandu has done a poor job in this area. Not only does it not have a heavyweight browser, but it also has a serious lack of layout for other domestic mobile browsers. It only relies on Qiandu APP to drain traffic on its own.

Of course this is not possible.

Objectively speaking, it is not that Qiandu does not want to emulate Google, but that it is powerless.

First of all, in the competition for foreign browsers, Qiandu must not be able to compete with Google, and can only miss the biggest piece of cake. Even if it is a domestic self-developed mobile phone browser, Qiandu has nothing to do.

The two best domestic browsers are UC browser and ICQ browser. The former was acquired by Ahri at a sky-high price of 2014 billion US dollars in 43.5, and the latter is a product of Tenda.

Under the involution of the three giants, where is there room for thousands of degrees of manipulation?
One word is miserable! ! !
This is also why Qiandu will be willing to be "taken advantage of", spending tens of billions of dollars to buy 71 assistants from Mengya, just to get a considerable traffic entrance on the mobile terminal.

However, 71 assistants alone cannot support Qiandu's desire for traffic entry.

"It seems that I really need to get in touch with UC."

Weixin's breaking the circle made Sanye feel more crisis, and began to consider whether to reach a strategic cooperation with UC. Even if he didn't buy UC, he would have to spend money to let UC use the thousand-degree search box.

Otherwise, let the situation continue to deteriorate.

.........

Winter's Headquarters.

"Weixin, traffic entrance."

Brother Dong is of course also very greedy, thinking that Jingdong is in the development period, if he can get the traffic support of Weixin, then he can really fly into the sky.

But Brother Dong also knows that if he is greedy, Ari must be greedy too.

The current shocking winter is not the same as the shocking winter five years later, it cannot compete with Ahri at all.

But it is definitely worth trying.

If Germination is willing to open Weixin's first-level traffic portal to Jingdong, Jingdong really won't be able to spend much cash, because Jingdong will be in a period of loss now, including the next few years.

But Brother Dong can exchange a part of Jingdong's shares, if Germination is willing to invest in Jingdong.

At the critical moment, Brother Dong is still very courageous.

After four rounds of financing, Jingdong’s current equity is still relatively concentrated. Brother Dong and his founding team still hold nearly half of Jingdong’s shares, and the rest is mainly invested by Tiantian Capital and Tiger King Fund. Institutional possession.

Moreover, Jingdong implements the A and B share system, and Brother Dong has absolute voting rights.

There is still a lot of room for maneuvering.

.........

In addition to the Big Three and Jingdong and other relevant parties, the venture capital circle also paid great attention to Weixin's update this time, and gave a high evaluation at the same time.

Some people even joked——

After Weixin 7.0 was updated, it finally threatened Tenda's social status, and had the qualification to completely change the domestic social pattern, and even the traffic pattern.

The impact is-

The valuation of Qinghe Technology by the venture capital circle was raised to 50 billion in one fell swoop.

Not only Qinghe Technology, but with the update of Weixin version 7.0, the traffic interface is officially opened to budding companies, and the valuations of Jade Bird Interactive Entertainment and Qingcheng Group are also rising.

Especially the Green Orange Group.

First, it merged with the mold group, and then got traffic support, and the valuation immediately soared to 30 billion.

together.

The overall valuation of the Germination Group has also soared to 1800 billion, and it is believed that it will soon exceed 200 billion.

This is not an exaggeration at all, and it is even conservative. You must know that Tenda's market value has exceeded the 70 billion mark this year, and it will even double next year, breaking through the 700 billion market value.

Of course.

Due to Germination's repeated attacks on Tengda in the two major fields of games and social networking, Tengda's stock price did not rise that much compared to the original time and space, and it fell slightly for a while.

Whether it will break through the 700 billion market capitalization mark next year is still doubtful.

.........

"The rain is about to come, and the wind is blowing over the building."

The outside world is full of excitement, but Zhang Shuo himself is very clear that although Weixin's step is boundless, there are huge risks hidden behind it.

Not to mention how Tengda will react, just staring at the big cake of Weixin traffic entrance, I don't know what to do, how should Germination deal with it?
If one is not handled well, it is likely to become the target of public criticism.

This is not.

Only two days after Weixin was updated, Zhang Shuo received cooperation invitations from Ari and Jingdong.

Ren Xiaoyao even went to Binhai City to negotiate.

Because he hadn't made up his mind yet, Zhang Shuo didn't come forward in person, but asked Lu Kai, the rotating president, to receive him on his behalf. He planned to find out Ahri's cards and appeals before holding a meeting to discuss.

Friday, April 3.

Zhang Shuo held an impromptu meeting, attended by rotating president Lu Kai, vice president Jiang Yue, group operations director Zhao Mingchuan, and general manager of Qinghe Technology Zhao Xiaohu.

discussed.

It is the placement problem of Weixin's primary and secondary traffic entrances.

Weixin's first-level entrances are "shopping" and "games" in Discovery, and they are also the two entrances with the largest traffic. Among them, "games" has been confirmed to be handed over to Jade Bird Interactive Entertainment, and the remaining "shopping" will choose an e-commerce cooperation.

It is also the focus of competition between Ahri and Jingdong.

Pinxixi, which was hatched by Germination itself, has just established a project not long ago, and it is impossible to use it even if it wants to.

Weixin's secondary entrance is the third-party service, which currently includes four categories: financial management, life services, transportation and shopping, and each category is subdivided into specific services.

The financial management is handed over to Germination Financial Holdings for operation. At present, only two services, credit card repayment and Lingqiantong, are available. In the future, it is not ruled out to add small loans, insurance and other businesses.

Life services are currently open to three items: mobile phone recharge, life payment, and city services. They are mainly set up around building a smart city and belong to the category of convenience services.

In the future, various convenience services such as social security and medical insurance will be increased.

The transportation is the simplest, only train tickets and hotel services are provided by Green Orange Group.

The final shopping consumption is the big one. Various services such as e-commerce, group buying, takeaway, and movie tickets can be classified into this category to provide Weixin users with various consumption services.

Currently only green orange takeaway, green orange movie tickets and green orange group purchases are available.

It can be seen that the Weixin traffic at this stage is mainly open to the budding system. To be more precise, it is Jade Bird Interactive Entertainment, Qinghe Technology, and budding financial holdings that account for the majority.

In order to win the first-level entrance, Ahri and Jingdong also offered their prices in the past two days.

Ari is the simplest and rudest way to throw money at him.

He proposed that he is willing to sign a five-year service contract with Weixin. For this reason, Ari is willing to pay a service fee of 50 billion, but it must be paid in five years.

Jing Dong not only has no money, but even opens his mouth to ask Germination for money. The condition of the offer is that Jingdong specially launches the D1 round of investment for Germination. Germination only needs to invest 3 million yuan to obtain 25% of Jingdong's shares.

Last year, Jingdong’s C round of financing obtained US$9 million at the cost of diluting 5% of its shares.

The overall valuation is $56 billion.

The original Time and Space Startled Winter will start the D round of financing in November this year, with an overall valuation of $11 billion.

In other words, Jingdong took out the 25% shares, and the actual value is between 90 billion and 116 billion, while Germination only needs to pay 3 million. Jingdong is equivalent to exchanging shares for traffic services.

It seems that it can't compare with Ahri's 50 billion big money, but that's not how it is calculated.

What Ari gave was cash, and it was paid in five years. Not only did it not increase in value, but it would depreciate in the future.

On the contrary, Jingdong shares have huge value-added potential. Compared with five years later, Yuanshikong’s market value of Jingdong in 2017 was about 3800 billion, and it was even close to the market value of [-] degrees.

Even if the subsequent 25% of the shares will be diluted, the value will definitely be more than 50 billion.

looks.

It seems that Jingdong's chips are higher.

"Let's talk about it, everyone, support Ahri, it's still a shock." Zhang Shuo didn't rush to a conclusion.

"I support Jingdong." Zhao Xiaohu was the first to speak, "The reason is also very simple. The group is not short of money now, and investing in Jingdong can obtain longer-term and richer returns."

With Weixin getting out of the circle, Qinghe Technology is no longer the oil bottle of the Germination Group, but has become a major growth engine of the group, and Zhao Xiaohu has become confident in speaking.

"I support Ahri."

Zhao Mingchuan has a different opinion, "Now that the e-commerce competition is so fierce, it is still unknown whether Jingdong can develop in the future. It is better to get the 50 billion and be safe."

E-commerce is indeed very cumbersome, and Jingdong has indeed been losing money.

Not to mention that Zhao Mingchuan couldn't predict the development of Jingdong in the next ten years, even Zhao Xiaohu, Jiang Yue, Lu Kai and others present here must have doubts about Jingdong's future.

But everyone is a confident person. I believe that with the support of Germination, Jingdong will definitely be able to do it.

"Besides, because of Wei Xin's departure from the circle, we have already become the de facto sworn enemy with Teng Da. If we get into trouble with Ari and get into trouble with the two giants at the same time, the pressure will be great."

Zhao Ming rumored his concerns.

The reason why giants are giants is not only because of their high market value, but also because of their intricate network of relationships in the Internet industry, including the investment circle.

If you really want to make up your mind to wear small shoes for Germination, it will be really difficult.

"It makes sense."

Zhang Shuo nodded, this was also his biggest concern before.

It is impossible for Germination to develop without making enemies, but we must also pay attention to the scale. If we are not strong enough, we will offend Scarlet Capital, Tengda, and Ari one after another.
Just thinking about it gives me a headache.

"I support Shocked Winter."

Jiang Yue followed suit and did not change her point of view because of Zhang Shuo's attitude.

"My consideration is not which of the two chips is more valuable. I am worried that once Ari gets Weixin's traffic support, it is likely to continue to expand its market share in the e-commerce field, and even become an exclusive company. Big, and then let the winter startled, including Pinxixi, which the group is incubating, with no living space. For 50 billion, it is still paid in five years, ruining the entire e-commerce business of the group, it is definitely not worth it.”

There is no doubt that Jiang Yue's pattern is bigger.

"What do you think, Boss Lu?"

Zhang Shuo agreed with Jiang Yue's opinion, and finally turned to Lu Kai.

"Why can't we have both?"

As the rotating president, Lu Kai sometimes subconsciously likes to put on airs, deliberately landing the last speech, and the words are amazing.

"You want both, what do you say?" Zhang Shuo also became interested.

"This is what I think. Can I give Jingdong the first-level entrance to obtain 25% of Jingdong's shares? And then reserve a place for Ari in the shopping and consumption column of the second-level entrance. Of course, the price can be negotiated."

However, Lu Kai's appetite was bigger than those present.

"There is another advantage to doing this. Just like Mr. Jiang said just now, it can effectively balance the strength comparison between Ari and Jingdong, and properly support Jingdong, which is also conducive to the establishment of a new pattern of e-commerce."

"It's not impossible."

After being said by Lu Kai, Zhang Shuo also had a bit of recollection.

Yes.

Why choose one of the two, can't you have both?
The original Space-Time Tengda has successively invested in Jingdong, Pinxixi, Weipinhui and other e-commerce companies only in the e-commerce business, isn't it still living a good life?

It is not necessary to say hanged from only one tree.

Jiang Yue and the others were also very impressed, or they were frightened by Lu Kai's appetite.

"The question is, will Ari agree to only get one secondary entrance?" Zhao Mingchuan raised his concerns.

For Ahri, this is not only as simple as the second-level entrance, but also accepting the fact that the challenger Jing Dong has obtained the first-level entrance is tantamount to double suffering.

"Ari has no choice."

Lu Kai is confident, "Either accept the second-level entrance, or accept empty-handed. Weixin traffic is now the one that is in demand. There are too many monks and too few porridge, it's as simple as that."

Zhao Xiaohu and the others laughed.

Yes, it was Weixin's great success that gave Meng Ya the confidence to bargain. Even if he faced a giant like Ari, he would not be afraid at all, and he could do whatever he wanted.

"Is Ren Xiaoyao still in Binhai City?" Zhang Shuo asked.

"Still."

Lu Kai smiled and said, "Ah Li is very determined this time, and Ren Xiaoyao is going all out."

"In that case, you first inform Ren Xiaoyao of our decision. If Ahri can accept such an arrangement, then continue to negotiate the price of the second-level entrance; if you don't accept it, then there is nothing I can do."

Zhang Shuo obviously approved of Lu Kai's suggestion.

"it is good!"

Lu Kai also understood.

.........

"???"

Ren Xiaoyao waited for Lu Kai's reply at the hotel, and did not dare to neglect, so he called the uncle directly to report.

"Merging is trying to kill two birds with one stone."

The uncle didn't expect that he had sacrificed 50 billion chips, but what he waited for was such a result.

It is impossible not to be disappointed.

"Is this the final decision of Germination?" The uncle was still a little unwilling.

"Yes." Ren Xiaoyao was also very frustrated, "Lu Kai, the rotating president of Germination, personally notified me that Germination has decided to reach a strategic cooperation with Jingdong, and we have no choice."

"..."

The uncle's expression froze, it had been a long time since he had received such a cold reception.

"Then, boss, what is your decision?" Ren Xiaoyao asked cautiously.

"The second-level entrance is the second-level entrance."

Although the uncle is uncomfortable, he will not dare to act on his emotions. It is better than nothing, "With a body like Hang Jingdong, even if the traffic support it receives is better than ours, there will be no big waves."

As for Jingdong, the uncle usually looks down on him.

Even jokes.

The existence of Ahri can breed many frightened winters, implying that frightened winters are just Ahri's children.

"That's right, even if we get a second-level entrance, given Ahri's reputation and volume among users, the traffic we actually get may not be lower than Jingdong." Ren Xiaoyao also followed suit.

Traffic entry ≠ real traffic.

This is common sense.

It's like the rare recommended slots. For the same recommended slot, Huoshu can gain tens of thousands of favorites, while those that are not popular may only have one or two thousand favorites.

.........

Winter's Headquarters.

Compared with Ahri's mixed flavors, Jingdong was overjoyed. After getting the reply from Germination, Brother Dong didn't say anything, and directly asked people to book a ticket to Binhai City.

He has to sign the contract himself.

I didn't talk about it in person before, but I didn't report any expectations for this cooperation.

Before contacting Germinal, Brother Dong had already communicated with Jingdong's main shareholders, but before flying to Binhai City, he still convened a temporary board of directors and notified Germinal's decision.

"it is good!!!"

The directors of Jingdong are also very happy to see this matter, and they passed it unanimously.

Although the capital is greedy, they are not all fools. They know that the introduction of the strategic investor Germination, although it will dilute their shares, can take the opportunity to make the cake of Jingdong bigger.

The actual income will only be more.

Although they are eager to cash out and make a profit, they still have the endurance in three to two years. If Jingdong can seize this opportunity, Jingdong can be promoted to go public in three or two years.

Then it is their harvest season.

.........

Monday, May 3.

Zhang Shuo finally met Ren Xiaoyao in the office.

During the weekend, Lu Kai had met with Ren Xiaoyao three times, and roughly formed a new contract term for the new cooperation between Ari and Germination.

In order to obtain Weixin's secondary entrance, Ari needs to pay 350 billion.

The total price has been reduced by 150 billion, and Germination has also put forward a new requirement, that is, instead of paying it in five years, it must be paid within three years.

The down payment is 150 billion, and the second and third years pay 10 billion each.

The reason is also very simple.

Three to five years later, this 20 billion is probably no longer in the eyes of Germination, and it is meaningless at all.

Originally, Zhang Shuo wanted to pay in two years, but Ren Xiaoyao firmly opposed it.

Regardless of the great business of the Ari family, it is already very difficult to come up with 150 billion working capital in one go, and some financial means must be used to raise it.

There is simply not so much money on the books.

If it is compressed to pay in two years, Ahri will not be able to engage in other investment businesses in the past two years.

Light worked for Sprout.

You must know that Ahri in 2012 was incomparable with Tenda and Qiandu in terms of profitability. Tenda could make more than [-] billion a year in profit, while Ari only had a net profit of tens of billions a year.

It will usher in a big explosion after it goes public.

Therefore, after seeing Zhang Shuo, Ren Xiaoyao asked again: "Mr. Zhang, do you think this is okay? The down payment will be changed to 10 billion, and the balance payment will be 150 billion in the third year, how about it?"

"Ari is under a lot of financial pressure?" Zhang Shuo's eyes seemed to have seen through everything.

"There are some."

They are all smart people, and Ren Xiaoyao didn't hide it.

"In this case, I have a proposal." Zhang Shuo said.

"You say."

"The down payment is still 150 billion, but the 2 billion of it can be replaced by 20% of the shares of Haode Map." It has always been a pain in Zhang Shuo's heart to be robbed of Haode Map by Ali.

It’s not that he is optimistic about the profit prospects of Haode Maps, but that the map navigation business is one of the infrastructures of the local life service business, and it will be closely connected with taxi-hailing, smart cars and other businesses in the future.

Before and after sprouting, more than one billion funds were used to obtain 25% of the shares of Haode Map.

This shareholding ratio is very dangerous. In case one day, Ari really wants to make a fuss on the map of Haode and play tricks, it is likely to put Qingcheng Group in a dangerous situation.

Although Ari has always promised not to terminate the cooperation with Qingcheng, he must be on guard against others.

If we can take advantage of this cooperation opportunity to obtain a 20% stake in Haode Map from Ari, the situation will be greatly improved, with Mengya holding 45% and Ari holding 55%.

Although Ari is still the controlling shareholder, he certainly cannot do whatever he wants.

As for why Zhang Shuo didn't take the opportunity to ask for 30%, or even take all the remaining shares of Haode Map?

It's not that I don't want to, but I can't.

Ahri itself is a company with a strong desire for control, and the map navigation business is also one of the foundations of Ahri, so it is absolutely impossible to just give it up.

Even now Ahri needs Germination.

Zhang Shuo is obviously very smart, as long as he only needs 20% of the shares, while increasing the shareholding ratio of Germination, he also wisely does not challenge Ahri's controlling stake, which can be regarded as giving Ahri enough face.

Moreover, it did not take advantage of Ahri in terms of valuation, and directly gave a valuation of tens of billions.

This moment, that moment.

At that time, Mengya teamed up with Ari to privatize and delist the Haode map. To be honest, it took advantage of the policy, which was a bargain-hunting operation.

But there is always a time when cheapness is exhausted.

Not to mention that local life services are booming right now. With the advent of the 4G era, the map navigation business is also on the rise. Even if it needs to be supervised, the valuation is also going up.

"This proposal, Mr. Zhang, are you serious?" Ren Xiaoyao's eyes narrowed slightly. He didn't expect that Zhang Shuo's request not only failed to get Zhang Shuo's consent, but Zhang Shuo used this excuse to turn back the army.

"Of course, moreover, this is a necessary condition for us to reach a cooperation, there is no room for bargaining." Now that he saw through Ahri's weakness, Zhang Shuo was not polite.

The attitude also suddenly became tough.

"I need to ask again."

Ren Xiaoyao also didn't expect that Zhang Shuo turned his face and turned his back on him. He seemed gentle, but once he caught Ahri's weakness, he immediately started chasing and beating him fiercely, and his attitude was extremely fierce.

Ari has retreated again and again, but at the end, he still meets Moth.

But there is no way.

People have to bow their heads under the roof.

It was also because Zhang Shuo's request was not particularly excessive and did not touch Ahri's bottom line, otherwise, Ren Xiaoyao might turn around and leave.

As one of the Big Three, Ari has a temper.

(End of this chapter)