Reborn: Billionaire in College

Li Yan's following the trend left Chen Pingjiang helpless. The market did not belong to him alone, and others also had the right to do something.

But you can't really ignore this guy, because he is really rich and can afford to lose money.

Chen Pingjiang was envious of his wealth and generosity.

"Damn it, you followed me and ate some meat at the beginning of the year, but now you're going even further and want to dig up my temple?"

The taxi market was already in a state of chaos and turmoil.

This annoying guy barged in again rashly, disrupting Chen Pingjiang's rhythm. How could he not be annoyed?
The key is that if you are really awesome and can build a gathering platform, Chen Pingjiang will also respect Li Yan as a man.

But this guy really can't do it, he's just a troublemaker.

Just tell me if it’s disgusting or not!
Cheng Congwu was also in a headache: "We must fight back fiercely now. Should we fight a subsidy war with them?"

"What the hell, I'm too lazy to fight with Li Yan on this. This time I have to make him feel the pain and get the 'B' out of RBAT."

When Cheng Congwu heard this tone, he knew that things were serious and the boss was really angry.

You, Li Yan, are really looking for trouble.

The big boss is making a big move in the online ride-hailing sector, and you insist on coming in to disrupt it.

…………

Unlike Chen Pingjiang who was filled with rage, Li Yan had been living a very comfortable life these days.

Baidu's stock price proves that he made the right move again.

Since the launch of the Baidu aggregation platform, Baidu's stock price has steadily rebounded to more than one hundred US dollars, allowing Li Yan to breathe a sigh of relief.

But this peaceful life didn't last for many days.

The situation changed suddenly.

When Li Yangang arrived at the company in the morning, he saw many employees looking hurried and with ugly expressions.

"What's wrong? Why are they all looking so sad?" Li Yan asked curiously.

The secretary looked nervous and said cautiously, "Director Li, we were on the hot search this morning."

Li Yan was stunned: "What trending search?"

"It's trending on Weibo, and it's also widely circulated in WeChat Moments."

Li Yan suddenly felt something was wrong.

The secretary continued: “It’s about paid search and medical advertising.”

Li Yan's heart skipped a beat.

As a project he personally led, he knew too well the nature of his own medical advertising bidding ranking.

Such things have been exposed before.

But Li Yan had always covered it up well.

"Regardless of the specific situation, immediately contact Renren Group to remove the trending search and delete the post."

The secretary smiled bitterly and shook her head: "Mr. Liu tried, but was rejected by Renren."

"This... fuck it!" Li Yan was furious. "This Chen Pingjiang, I doubt he is sincere." The cooperation between Baidu and Putian Group is not news, everyone knows it.

After the Internet bubble burst in 2001, Baidu found a new business model: paid ranking.

Investors initially disagreed.

The well-mannered Li Yan got angry and smashed his cell phone at a meeting in Shenzhen, saying that he would quit if the job was not done.

"Okay, I understand." The secretary was about to continue speaking when Li Yan interrupted him, "Let's see the specific situation first."

Baidu quickly issued a statement.

We must also resort to legal means to resolve relevant rumors and maintain the reputation of the platform.

Baidu is still very stubborn at this time.

But one stone can cause a thousand ripples.

The public response was particularly strong.

"You just let yourself go with a simple sentence? You're just like those merchants selling fake goods on Taobao. I didn't expect you to have such a face."

Fortunately, Lao Ma didn’t see this comment, otherwise he would have been so angry. How did he get himself involved?
"..."

But he still had to make a choice!

Although this multiple-choice question is difficult!

An industry leader in Putian told reporters: "We are also standing from the perspective of the industry association and hope that our member companies can adjust their practices. Not investing in advertising and putting funds into introducing advanced equipment and technology is just an exploration of our industry. It is not necessarily aimed at whiteness."

Chen Pingjiang watched the development of the incident with great interest while communicating with Bu Housheng and Carson of Muddy Waters.

Bu Housheng asked: "According to the news I have received, the Putian system has begun to split. Some hospitals in remote areas that contract local hospitals may be removed from Baidu, but some Putian hospitals with good reputation and large scale are unwilling to leave Baidu, because the bad medical customers that Baidu originally rectified will not affect them. On the contrary, a good ecology will allow them to develop better. I feel that this wave of market may have reached its peak."

However, Carson Block shook his head in disagreement: "For Baidu, although medical advertising revenue previously accounted for the majority of the company's revenue, due to the uneven quality of Putian hospitals..."

Chen Pingjiang smiled noncommittally: "Then you really don't understand Li Yan at all. It's like smoking, it's not that easy to quit. After this wave of market conditions, the horses will still run and the dances will still dance."

Chen Pingjiang naturally knew that this wave would not make Li Yan feel any pain.

Li Yan was so frightened when he heard the news.

He was just short of cursing!
NavInfo was founded in 2002. It started out as a map company. It was formerly a subsidiary of China Siwei Mapping Technology Corporation, which was established by the National Bureau of Surveying, Mapping and Geoinformation. At the beginning of its establishment, the company obtained Class A surveying and mapping qualifications and was also the first company in China to obtain the qualification to produce navigation electronic maps. It is an absolute leader in the industry.

In 2010, NavInfo was listed on the Shenzhen Stock Exchange, with China NavInfo as the controlling shareholder. At that time, NavInfo was the largest navigation electronic map service provider in China, with the largest market share in both in-vehicle navigation maps and GPS mobile phone maps.

At present, Baidu Maps does not have its own Class A surveying and mapping qualifications for electronic map production and relies entirely on authorization from NavInfo.

Once the authorization is cut off, it will be too late even if we acquire a qualified company to replace NavInfo.

Tencent and Alibaba are interested in NavInfo because they also want to make maps!
Because of the previous experience of Amap, maps are extremely important to the ecosystems of these two companies.

Neither Tencent nor Alibaba wants to be "cut off" on the map.

But NavInfo is of little use to Chen Pingjiang.

In terms of data production and other capabilities, NavInfo and Amap have natural overlaps. (End of this chapter)