Actually I just want to act

Chapter 954 Inspection
On the second day after the Internet Conference ended, the industry received news that Baidu had once again conducted a C-round financing, and Fang Jiming's shareholding ratio dropped to 52%.

This shareholding ratio caused an uproar in the industry.

You know, this is the existence of absolute holding.

Even if it is listed now, Fang Jiming can maintain Baidu's shareholding ratio at around 45%.The board of directors, isn't Fang Jiming alone in charge?

Such a situation makes the bosses of all Internet companies envy and hate.They worked so hard that they almost failed to reduce the shareholding ratio to 30%, and they still had difficulty in financing.But Fang Zhiming insists on his own opinion on the shareholding ratio, either you don’t invest, or you can only get so few shares if you invest, whether you like it or not.Not to mention, other venture capitalists, investment banks, private equity funds... all rushed to send money to Fang Jiming.

No way, the hottest internet company in the world right now is GG. Those venture capitalists, investment banks, and private equity funds that have no way of accessing GG’s financing channels have set their sights on similar search companies.Baidu, a company with similar technology and quite good strength, naturally entered their vision.

This is determined by the investment direction of the investment community, and has nothing to do with whether you are an Internet company that makes money or not.

Of course, Baidu is also very profitable, and the business is quite mature.Even if it is GG, it has to imitate Baidu and open the GG map and GG encyclopedia.It is conceivable how big Baidu's influence is.Thinking about it this way, it is not groundless that capital favors Baidu, and even if the industry refuses to accept it.

Only Fang Jiming knew that Baidu raised money not because of lack of money, but because it wanted to increase customers.

This time, in order to enter the Southeast Asian market, Baidu accepted investment from some private equity funds in Southeast Asia; in order to enter the Europa market, Baidu also accepted investment from Europa Ventures.No wonder people are so accurate, because whether it is a private equity fund or a venture capital investment, they all have a special actuary to calculate how much they can earn after listing.

As for Baidu, in order to expand the market, it has to accept other people's investment to make money.In business, a win-win situation is king.You have made all the money by yourself, who will play with you?
As a result, Baidu entered the Southeast Asian and European markets and competed with GG.

This forced GG, which was very arrogant and didn't pay attention to users, to become vigilant.In the eagle sauce market, due to various reasons, GG occupies an absolute advantage.However, in the Southeast Asian and European markets, because Baidu's service is better, GG is actually slightly inferior!This has caused many users to switch to Baidu's arms, and GG is very anxious to see it.

This is the case in the capital market. In order to rob users, they will not hesitate to burn money.

GG started burning money because it was going public soon.

Baidu is not far behind, and even launched a subsidy plan: as long as you improve Baidu Encyclopedia, you can get real money rewards.Of course, this needs to be reviewed and approved by Baidu, and you can't get rewards just by editing the entry.As for Baidu Maps, it is even more powerful, and directly launched "Perfect Map Rewards". As long as you upload unknown roads to Baidu Maps, including photos, you will be rewarded.

However, uploading on the store is still free, but if you want to recommend it in various services, you need to charge.Moreover, the store needs to upload it manually.

After pushing the Chinese model to Europe and Southeast Asia, the results were immediate.Not only did not lose too much, but it was still gradually making profits.Especially after Baidu gained a firm foothold, there were more advertising businesses of all kinds.Baidu continued its own website affiliate program, which earned a lot of advertising fees.

This makes GG feel like an enemy.

After all, in the past, Europa was the backyard of Yingjiang Internet companies.Now, an "uninvited guest" has entered the back garden, how can GG not be shy?
So, GG tried his best to fight Baidu.

It is a pity that Baidu has gained a firm foothold by virtue of its services.In addition, various investment banks in Europa have been dissatisfied with Yingjiang for a long time, and they have also supported Baidu.It can be said that it is not a problem for Baidu to gain a firm foothold.

As for Southeast Asia, except for Feilubing, which is a country of Yingjiang, other Southeast Asian countries welcome Baidu to come in - GG is the only one, and they are also afraid!

In this way, Baidu has gone to the world, just like Feixun's QQ.

This also makes domestic Internet colleagues envy and hate.You know, there is no way to win in the domestic market, but Baidu and Feixun have already competed in the international market.Such a gap makes many colleagues feel powerless.It's not that they don't want to rush out of the country and go to the world, but they really have more than enough energy.In addition to the portal website, Ying Jiang has not gone out of Ying Jiang Online, where is it their turn!

At Baidu headquarters, Fang Jiming appeared here, inspecting the work situation.

This was Fang Jiming's sudden attack, even Jiang Xingrui and Wen Liangping didn't expect it.

"Fang Dong, why are you here?"

Jiang Xingrui is really a man of science and engineering, he offends people as soon as he speaks.

Fang Jiming's face turned dark, if he didn't know that Jiang Xingrui was outspoken, he would have thought that he was mocking him. "come and see."

Wen Liangping almost covered his forehead with a long sigh. Fortunately, Jiang Xingrui is only the CTO Chief Technology Officer. If Jiang Xingrui is the CEO CEO, Baidu will not only have external troubles, but also internal troubles-this guy can kill me with just one word!
Wen Liangping said quickly: "Director Fang, we are already preparing for the listing."

You see, this is the art of speaking. In one sentence, you can say everything you do and what the leader cares about.

Fang Jiming is very clear about Wen Liangping's small calculations, but he doesn't care about it: "How is Baidu's current situation? I want to listen to the truth, not falsehood."

Wen Liangping looked at Jiang Xingrui, and Jiang Xingrui knew that he was clumsy, so he naturally took a step back and let Wen Liangping speak.

"Fang Dong, that's right. From the financial report, Baidu is still in a state of break-even. This is mainly because our business scope is expanding and we invest more in research and development. But the funds in the account are still sufficient now. , because there are a lot of funds raised.”

Wen Liangping's introduction was stable, but Fang Jiming shook his head: "I want to know, if Baidu enters the eagle sauce market, is there such a possibility?"

Although the number one Internet market for eagle sauce is about to be overtaken by China, it is also a market that should not be underestimated.Fang Jiming has no reason to refuse anything that can make money.

"It's okay to enter the eagle sauce market, but it's hard to say how much market share we can get." Wen Liangping said honestly, "Now GG and WOO have already divided the eagle sauce market, and if Baidu enters, the share may be only a fraction of theirs. From a profit point of view, it’s not worth it.”

Indeed, running a website is not without cost, at least renting a server is a lot of money.

(End of this chapter)