Perfection of Rebirth

Chapter 145 Hao123
Since the Qin Dynasty, Yangcheng has been the political, military, economic, cultural, scientific and educational center of South China.Since the 3s, it has become the main port of the Maritime Silk Road. During the Tang and Song Dynasties, it became the largest port in China. During the Ming and Qing dynasties, it became the only foreign trade port in China. It is the only port in the world that has been prosperous for more than 30 years.

In such a city, the influence in the Internet industry is relatively weak, and only one NetEase is relatively famous.In addition, there is another one that is more distinctive and belongs to Hao123.

Jiang Hui had already obtained Li Xingping's contact information from Penguin in advance, and also had some understanding of his situation. Combined with the media reports on him in his previous life, Jiang Hui already had his own ideas on how to win Hao123, so he directly Came to Wuyang from Shenzhen City.

Fortunately, Jiang Hui's Xiaonei and Guanghui games are now well known in the industry.That's why when Jiang Hui called Li Xingping directly to ask for a meeting, he didn't directly refuse.

In May 1999, Li Xingping created hao5, the "wonderful and practical website" started from here. Perhaps he himself did not think that such a simple website could develop to today.

Obsessed with surfing the Internet, Li Xingping found a job as an administrator of an Internet cafe.Because he wants to help people install computers to make money, he needs to use the Internet to search for information such as quotations for accessories. He soon found that it was very difficult to find information on the Internet. It is not an easy task to write down the indicated URLs one by one.So, he thought of a solution, designed a personal webpage, collected the websites he thought were good, and established links with them.When surfing the Internet next time, he can conveniently enter these commonly used websites directly. This is the prototype of Hao123.

As an Internet cafe administrator, Li Xingping spent every day on the Internet, among those netizens who played games, chatted, and surfed the Internet.Soon, he found that many people who came to the Internet cafe didn't know how to surf the Internet, and after surfing the Internet, they didn't know where to find the content they needed.At that time, Internet access fees were very expensive, but time and money were often wasted extravagantly in a daze.

The founder Li Xingping's junior high school education and short-term work experience in Internet cafes have become an advantage in the process of establishing the Hao123 homepage. It is precisely because of his lack of understanding that he can deeply understand the difficulties of ordinary people surfing the Internet, and thus has the ability to provide Internet services for ordinary people. Opened the convenient Hao123 homepage.

In fact, in Jiang Hui's view, the success of Hao123's homepage is a miracle in the development of China's Internet, and it is an "accidental event" that cannot be copied.However, carefully exploring Hao123’s entrepreneurial development process and analyzing its success rules is the natural sensitivity based on customer experience brought about by the “two-in-one” identity of the founder Li Xingping himself as both a website owner and a customer. Personality, and the behavior of being able to respond and improve anytime and anywhere in response to this sensitive call constitute the competitiveness of Hao123, a website that seems to have no core competitiveness.

Jiang Hui considered buying Hao123 because he felt that such a website was simply because of its simplicity, so simple that you couldn't surpass it.It's like the sweeping monk in Tianlong Babu, it looks very ordinary, very ordinary, but it is unexpected.

In fact, in Jiang Hui's view, there is a phenomenon of polarization among Internet users today.At one end are users of search engines with a relatively high level of education. If they want to find something online, they will open a search engine such as Du Niang to find it.The other end is users of navigation websites. These people generally do not know or are too lazy to search for web pages by entering various URLs. They are extremely dependent on navigation websites and are easy to be guided.It is precisely because they are easy to be guided that some websites are willing to spend advertising money on Hao123 in order to have a better position on the navigation page.

With the rapid development of China's economy, Internet users are also increasing rapidly, and the utilization rate and number of users of navigation stations will also increase, and some of them will switch to search engines.This is why Du Niang is willing to pay a high price to acquire Hao123 later.

Last year, Hao123 occupied more than 50% of the homepages of Internet cafes in China. At the same time, a large number of followers appeared, but Hao123 still firmly occupies the No.1 position of the navigation website.Li Xingping's monthly advertising revenue is also 80 yuan.

Because there is relatively stable income every month now, it is estimated that it is difficult to complete the acquisition of the website by cash alone.In the previous life, Baidu spent 1190 million and 4 shares to acquire it. At that time, it was equivalent to spending 5000 million.

Li Xingping's sale of hao123 has always been controversial.

Some say he was wise to sell and cash out.He started early to tap the first pot of gold in the website navigation industry, but as more and more followers follow suit, competitors will become more and more fierce.Besides, a small navigation website has no other choice but to compromise in the face of an acquisition attempt by a big company like Baidu.

Some people said that Li Xingping was very stupid to sell hao123, because this website accounted for 40% of Baidu's traffic at that time.That year, Baidu was seeking to go public, and the acquisition of hao123 obviously played a certain role in Baidu's listing. The 1190 million and 4 shares were sold cheaply.

In fact, before selling the website, Li Xingping was under a lot of pressure.From the establishment of the website in 1999 to 2004, he was the only one who managed the website.

"There are about 6-7 hours a day to check and update links. But there are too many links, and I can't check them all every day. Therefore, I often worry that some websites contain illegal links, and the pressure and workload are great." This It was the words when the media interviewed him later.

Along the way, Jiang Hui was thinking about how to persuade Li Xingping to sell the website to him. Now that both sides are actually not short of money, only by finding out the other party's concerns and interests can this business be possible.

Apart from the Renminbi, what Jiang Hui has at hand now is his own Xiaonei website and Guanghui game.Although Brilliant Games is now like a leather bag company with only one employee, Jiang Hui, it holds 5.00% of Penguin's shares. Only Jiang Hui himself knows its value best, so Jiang Hui is unwilling to exchange shares.

As for Xiaonei, although following the route Jiang Hui set for it, it will become a colossus in the future.But at present, it is the only one that is familiar to everyone and has a wide range of users. It is Jiang Hui's more acceptable plan to buy Hao123 with a part of the shares of Xiaonei and cash.

How to talk about the specifics, we still have to see the situation behind the face, and then we can adapt to the situation when the time comes.

(End of this chapter)