Reborn: Billionaire in College

Chapter 168 Acquisition Invitation

Shenzhen Stock Exchange, Tencent headquarters.

Brother Ma was so angry that he threw today's Shenzhen Stock Exchange Daily on the table.

"He had been prepared for this a long time ago, and he had expected us to do this. The media and the legal team probably have been waiting for who knows how long."

"Now all kinds of Internet media and traditional media across the country are criticizing us. The most infuriating thing is that we copied Xiaonei.com, but the criticism is basically directed at us."

Many executives in the conference room were silent and dared not speak.

I thought to myself, this Chen Pingjiang is so fucking mean and has no martial ethics at all.

They package themselves as members of a vulnerable group that has been harmed, but in fact they are treacherous.

Tencent's reputation in recent years has not been very good. Chen Pingjiang's actions have evoked memories of consumers, causing them to develop a rebellious mentality towards Tencent, both inside and outside the school.

This feels a bit like the dispute between Mr. Zong and Zhong Shanshan in later generations.

Consumers have seen it and remembered it, and it is not something Tencent can explain clearly in a few words, not to mention its "long criminal record."

Liu Chih-Ping nodded: "When I met Chen Pingjiang, I knew he was not a good person. I have never seen anyone like this at such a young age. Now that the incident has happened, we still have to suppress the heat of the whole incident as soon as possible and divert consumers' attention."

At this time, someone suggested: "How about acquiring Kaixin.com? First, the game "Friends Trading" is playable. At least it is very different from the parking space grabbing game, and it can attract some users who are not interested in parking space grabbing. Second, our QQ Alumni development cycle still has some time to go. Now that we have acquired Kaixin.com, it will complement our product line. Third, it can also appropriately divert consumers' attention and relieve public pressure."

Xiao Ma's eyes lit up: "That's a good idea. If we can acquire it, our layout in SNS will be complete. Although the current data of "Friends Trading" is average, if we have the support of our huge user base, the popularity of the game can still be increased."

Liu Chih-Ping frowned and said, "I asked someone I know to find out more about Cheng Binghao. He originally refused the position of CTO of Sina and insisted on leaving the company with a few people to start his own business. I'm afraid a full acquisition is not realistic."

"Try to acquire full ownership, then seek controlling stake, and if that doesn't work, then acquire shares."

………………

Cheng Binghao is obviously not having a good time.

Although "Friends for Sale" was launched, it also exposed him, which is like the law of the jungle.

The launch of "Friends Trading" did not achieve the expected good results, mainly because the fight between the gods was too intense at the moment and his small body could not withstand it.

In his previous life, he could have entered the white-collar user market by claiming to be the first social game in China, but now this has been done by Renren.

Kaixin.com's disruption made everyone from Xiaoneiwai, Renren to Tencent feel a little disgusted, and everyone unanimously decided to kick this guy out first.

The acquisition of Kaixin.com was immediately launched!

Just when Liu Chih-Ping flew to BJ, Chen Yizhou of Xiaonei.com also took action.

Xiaonei.com is now rich and powerful, and Chen Yizhou has always liked to solve problems through acquisitions, so naturally he set his sights on Kaixin.com.

If he could really acquire it, with the combined strength of Xiaonei.com and Kaixin.com, he felt that he would still be able to fight.

Chen Pingjiang also noticed this.

In fact, he didn't want to play his trump card and use the old trick of real and fake Kaixin.com to deal with his opponent unless it was absolutely necessary.

Because he is still young, doing this would be somewhat detrimental to his character and reputation.

Chen Pingjiang called Guan Yifeng and asked him to make an appointment with Cheng Binghao.

At this time, Cheng Binghao was indeed planning to start the A round of financing, because the 3 million yuan of startup funds he brought had been almost used up. In order to avoid being taken advantage of by others when he raised funds when he was out of money, he was already receiving various investment institutions.

The first person Cheng Binghao met was Chen Yizhou, who was from the same city.

However, the talks between the two did not go smoothly.

Chen Yizhou's goal was to acquire the company, and he even offered an extremely high price of 10 million RMB.

If it is just to get some shares, it is not in line with Chen Yizhou's style, nor is it in line with the interests of the school and outside.

That would be equivalent to creating a competitor to compete with Xiaonei.com.

Faced with Cheng Binghao's rejection, Chen Yizhou was helpless.

After returning to the company, Chen Yizhou keenly noticed that there seemed to be something wrong with Kaixin.com's domain name.

"It's actually kaixin001.com, not kaixin.com, and there is no kaixin website online anywhere in the world. Does that mean the domain name has been hidden?"

"interesting."

He used whois to query the domain name owner information, but unfortunately, only the domain name registrar information, registration time, and DNS information were available.

However, Chen Yizhou discovered that the domain name had a transaction update, which happened to be the month before last, which was May.

As for the domain name holder information that he is most concerned about, it is set to privacy protection and cannot be queried.

For this reason, Chen Yizhou had to contact an agent and ask the agent to buy it. Not long after, the agent contacted Chen Pingjiang, which made him feel a little embarrassed.

The agent was generous and directly offered a price of 200 million, which was ten times higher than the price Chen Pingjiang paid for the Kaixin.com domain name.

After hanging up the phone, Chen Pingjiang thought about it and immediately guessed who the real buyer was.

Fu Zhengjun!
CEO of 58.com.

After all, that's what the other party did in his previous life.

"Since Fu Zhengjun is here, Chen Yizhou must not be far away."

At the same time, Liu Chih-ping, who went north, also fell into a trap.

As expected, Cheng Binghao also rejected Tencent's acquisition offer.

With full of enthusiasm, he quit his enviable high-paying job just to fulfill his dream of starting a successful business. Just as he had achieved some results, Cheng Binghao was reluctant to sell it so easily.

Here we have to talk about the relationship between Kaixin.com and Tencent.

In the past, Tencent did not enter Kaixin.com until the C round. Both parties did not disclose detailed information such as the specific investment amount and shareholding ratio, but there are rumors that Tencent invested US$1 million.

Since Tencent has the attributes of a competitor, Cheng Binghao did not give Tencent any chance in the A round.

It’s the same now. Not only was it a full acquisition, but even venture capitalist Cheng Binghao didn’t want it.

Chen Pingjiang rushed to a dim residential building in Zhongguancun, where he met the slightly slovenly Cheng Binghao.

Apparently this guy hasn't been back for a few days.

Cheng Binghao is not good-looking, he is thin and short, and wears glasses.

The first thing I said when I saw Chen Pingjiang was, "Welcome, Mr. Chen, we have known each other for a long time."

If Chen Pingjiang and Cheng Binghao stand together, they are simply the two extremes of human nature.

Chen Pingjiang was over 1.8 meters tall and very handsome, while Cheng Binghao was the opposite. Moreover, Cheng Binghao was 16 years older than Chen Pingjiang.

"Which wave am I in?" Chen Pingjiang asked with a smile.

Cheng Binghao recalled seriously: "It should be the seventh one."

"Both Chen Yizhou and Liu Chih-ping have been here?"

Cheng Binghao was stunned and a little surprised: "How do you know it's them?"

Honestly speaking, Cheng Binghao still admires Chen Pingjiang very much. He has made Renren so successful at such a young age. In Cheng Binghao's opinion, he is a child of destiny.

"This is not a difficult thing to guess. I'm here, so why wouldn't they come?" Chen Pingjiang continued with a smile: "Excuse me, everyone wants to swallow Kaixin.com now, so that they can reduce their competitors and improve their product lines."

Cheng Binghao was amused by Chen Pingjiang's "frankness": "If Xiaonei and Tencent came to me, I could understand it, after all, they are the ones who are chasing me, but I really didn't expect you to come. Recently, Renren has been very popular and has continued to advance rapidly. It has entered the core market of Xiaonei by introducing "Happy Boys" and has also introduced new social concepts. To be honest, the acquisition of Kaixin.com will not have as much impact on you as the two companies."

I have to say that Cheng Binghao has a very thorough understanding.

Chen Pingjiang did not intend to hide it: "I am different from them. For me, I just need to make sure that the two companies cannot get Kaixin.com. As for Kaixin.com itself, to be honest, it is insignificant to everyone."

Chen Pingjiang's words sounded a bit arrogant, and Cheng Binghao wanted to refute him, but when the words came to his lips, he had to admit that what Chen Pingjiang said was true.

Cheng Binghao smiled and said, "Actually, for Renren, Tencent is not our direct competitor. Even Xiaonei is not our direct competitor. Only Renren is. After all, our target user group is white-collar workers. The prices offered by both companies are good. Mr. Chen, can you also tell me about your price?"

"As for me, I'm not as rich as them. I'm just a leader in the domestic Internet industry, and I've just raised over 2 billion in financing. But I just happen to have what Mr. Cheng wants the most." Chen Pingjiang took the bottle of Coke handed to him by Cheng Binghao, opened it and took a gulp without hesitation.

"You mean the domain name of kaixin.com?"

"Mr. Cheng is smart." Chen Pingjiang praised.

In an instant, Cheng Binghao's face changed. He didn't expect that he had guessed it right.

This is troublesome.

The most desired domain name is actually in the hands of the most direct competitor.

"When I first started Kaixin, I asked the American, and he offered 20. I didn't have that much money at the time, so I wanted to wait for a while before buying it. But when I asked again, he said it had been sold. I didn't expect it was in Mr. Chen's hands." Cheng Binghao smiled bitterly. "Let's be honest, what does Mr. Chen want to exchange for this domain name? If it's still a purchase, then forget it. I believe that Kaixin.com can still succeed even without kaixin.com."

Chen Pingjiang laughed, unconsciously turning the bottle of Coke in his right hand, and said, "It's good that Mr. Cheng is confident, but Kaixin.com will inevitably face attacks from Renren.com, Xiaonei.com, and Tencent. After all, no one wants a spoiler. In fact, if Mr. Cheng agrees to my acquisition conditions, I am willing to hand over Renren.com to you to manage one day."

Cheng Binghao raised his eyebrows. He had never expected Chen Pingjiang to say that. "So what are you going to do, Mr. Chen?"

"I have a lot of projects under my control and even more in my mind, and I personally enjoy the process of entrepreneurship more."

　I arrived at the hotel at 9 o'clock and quickly wrote a chapter

　　
　
(End of this chapter)