Perfection of Rebirth

Chapter 477 Brilliant Investment's New Target
After inspecting the Guanghui Research Institute, Jiang Hui then went to Xiaonei and Meituan.

These two companies have just raised a large amount of funds, so it is necessary to make a good plan on how to further strengthen themselves and make full preparations for the listing at the end of the year.

However, after the financing of these two companies, Softbank, IDG, Sequoia Capital, etc. sent a group of elites, and Jiang Hui did not need to work too hard.Speaking of which, this can be regarded as a major benefit of financing.Of course, if you encounter entrepreneurs with a strong desire for control, then this is not a benefit but a disadvantage.

After that, Jiang Hui went to Tudou, Guanghui Weibo and other companies one by one to confirm and arrange the promotion projects for this year, and finally came to Guanghui Investment.

In the past two years, Guanghui Investment has gradually gained its own reputation in Tianchao.Ordinary people may not know what it is, but the elites of Tianchao Internet know the power of Guanghui Investment.

Since the establishment of Guanghui Investment, it has cooperated with Jianghui to complete many acquisitions. Now it also directly holds the shares of many express companies such as Yunda.In the future, Brilliant Investment will be like a giant.

"Old Guan, during this period of time, you have heard the news of the various companies in the group. The Guanghui mobile phone will be launched at the end of the year. Apart from the app we are developing, it lacks two more important applications."

"Mr. Jiang, wherever you point, I will hunt! If you have any new prey, you can tell me anytime, and I promise to catch it back."

"Haha~ I don't worry about your work. Now there are two more important applications, one is the mobile browser and the other is the mobile map. In my mind, smartphones must have these two exclusive applications, but we don't have them yet. In order to launch quickly, it is best to go for acquisitions."

"If you have a mobile browser, can you log in to various websites as long as you can surf the Internet? Do you still need a special mobile browser?".

"That's different. It's like a weapon. You already have rifles. Why do you need pistols and machine guns? Do you specialize in technology? The current browsers are developed for computers, and the browsers we need for our Guanghui mobile phones are Some are different. Directly using the browser used by the computer will have a very poor experience.”

"Yes, my current mobile phone can actually access the Internet, but the interface, I don't even have the desire to continue to operate after reading it."

"That's the reason, so we need a special mobile browser, a browser that works perfectly with our Android system. I noticed that there is now a small company in Wuyang that is developing a mobile browser. If they buy it, it will save a lot of trouble."

Looking back at the development of mobile browsers, there will be three stages: the initial stage of the mobile Internet, the first generation of browsers mainly solve the problems of people’s Internet access speed and saving traffic; with the diversification of network content, the second generation of browsers gathers search, , video, etc., to provide users with the convenience of obtaining various information; the third-generation mobile browser is based on big data to achieve accurate recommendations, so that information can be more accurately connected to people.

Currently in the early stage of the first stage, there is only Wuyang's UC in China. Jiang Hui thought of it when he was preparing to hold the executive meeting of Guanghui Group.

In October 2004, UC browser was just launched. In the era of "claw machine", the first version of UC Logo announced to us that mobile phones can also access the Internet; in June 10, UC launched the second version of Logo, The eye-catching W icon indicates that the mobile browser is realizing the leap from wap to web.

Later, UC Browser became the most used third-party mobile browser in the world, and was acquired by Alibaba heavily.

"Mr. Jiang, you said that I have some reflections. It seems to be a company called UC?".

Brilliant Investment is a domestic venture capital that is more enthusiastic about investing in Tianchao Internet. Every month, many projects find Brilliant Investment for financing, so it is not surprising that Guan Weidong has heard the name of UC.

"Yes, that's them."

"This company should not have been established for a long time, and its scale is relatively limited. Now is the time when it lacks funds. It may be difficult to acquire 100% of them, but I am still very confident in taking their controlling stake."

"Well, then it's up to you."

"Mr. Jiang, you mentioned maps just now. I have paid attention to a company that provides map services, called AutoNavi. But they have not yet involved mobile phone applications."

AutoNavi's entrepreneurial team has been involved in the GPS field since the 20s. After the establishment of AutoNavi Software Co., Ltd. in July 90, under the leadership of the founding team of AutoNavi, the research and development team of AutoNavi has gone through arduous exploration. According to the characteristics of the national basic map data at that time, after half a year, a set of data collection tools and editing and processing platforms with independent intellectual property rights were finally developed.

The exploration and innovation of technology has brought business opportunities to AutoNavi. In August 2002, AutoNavi, Aisin AW, Fuji Ten and other companies jointly established Adifei Navigation Technology Co., Ltd., and began to devote itself to the development of the car navigation electronic map sales market.

In June 2004, AutoNavi became the first private enterprise in the country to obtain Class A surveying and mapping qualification of navigation electronic map, and passed ISO6 certification.After obtaining the Class A surveying and mapping qualification, AutoNavi began to collect data on a large scale and gradually built a high-quality database.

In August 2005, AutoNavi began to provide navigation electronic maps to BMW, Honda and other models.

It can be said that until the beginning of 2006, Gaode has gradually gained a firm foothold.

If there is no brilliant investment, in October 2006, Gaode will complete the first round of private equity financing of 10 million US dollars. Investors include Sequoia Capital, KPCB, Walden International, Legend Capital and other well-known domestic and foreign venture funds.The valuation is about one billion RMB.

If Brilliant Investment starts negotiating with AutoNavi now, it may be difficult to acquire a wholly-owned subsidiary. It is still no problem to be a major shareholder, but this also depends on Weidong's negotiation level.

"I'm looking at the AutoNavi. The map industry needs time to accumulate data. If we start a new project, it is impossible to achieve good results within this year. But based on the current data of AutoNavi, developing a The mobile version of the navigation map is much simpler."

"However, there is a flaw, and that is the network speed. Now it is a 2G network. If there is no WIFI, it should be relatively slow to use."

"This problem is not a big problem. We can allow users to download offline maps, which is the same as car navigation. In the future, when the network speed increases, we will add some functions."

"That's right, then I will contact the management of AutoNavi immediately, and try to get the acquisition done within April this year."

"Well, it must be done in the first half of this year, otherwise it may not be able to catch up with the launch of the brilliant mobile phone."

(End of this chapter)