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Chapter 306 Ahli Jingdong chooses one? I want them all!(1/3)

Qiandu Headquarters.

The circle-breaking effect caused by Wei Xin also affected Qiandu.

In fact, the Qiandu Empire was also built around traffic portals. Especially in the PC era, a series of derivative products were built around search portals, such as maps, post bars, encyclopedias, etc.

But in the era of mobile Internet, all this does not work.

Put Qiandu into trouble for a while.

In the mobile Internet era, part of the traffic is taken away by independent APPs, such as Weixin, ICQ, and even Mobao APP, news clients, etc., which itself is a very important traffic entrance.

The other part is in the hands of the mobile browser.

At this point, Google undoubtedly has a more thorough view than Qiandu and has a more far-reaching layout. Its Chrome browser has a global market share of close to 50%.

Maintain the basic base of Google search.

At the same time, Google also pays huge "protection fees" to Apple's Safari browser, Firefox browser, etc. every year to ensure that these mobile browsers use the Google search box.

This established Google’s search position in the mobile Internet era.

In contrast, Qiandu has done very poorly in this area. Not only does it not have a heavyweight browser, it also has a serious lack of layout for other domestic mobile browsers. It only relies on Qiandu APP to attract traffic on its own.

Of course this is not possible.

Objectively speaking, it is not that Qiandu does not want to imitate Google, but that it is powerless.

First of all, in the competition for foreign browsers, Qiandu cannot compete with Google. It will only miss the biggest piece of cake. Even if it is a domestic self-developed mobile browser, Qiandu will not be able to do anything.

The two best browsers in China are UC Browser and ICQ Browser. The former was acquired by Ari in 2014 for a whopping US$4.35 billion, and the latter is a product of Tenda.

Under the involution of the Big Three, where is the room for maneuver?

One word is miserable!!!

This is why Qiandu was willing to take advantage of it and spent tens of billions of dollars to buy 71 Assistant from Sprout, just to gain a considerable traffic entrance on the mobile terminal.

But just relying on 71 assistants is still not enough to support Qiandu’s desire for traffic entrance.

"It seems like we really need to get in touch with UC."

Weixin's break from the circle made Sanye feel more crisis-ridden, and he began to consider whether to reach a strategic cooperation with UC. Even if he did not acquire UC, he would still have to spend money to let UC use the Qiandu search box.

Otherwise, let the situation continue to worsen.

………

Winterfell Headquarters.

"Weixin, traffic entrance."

Of course, Brother Dong is also very greedy, thinking that Jingdong is in the development stage. If it can get the traffic support of Weixin, it can really soar into the sky.

But Brother Dong also knows that he is greedy, and Ah Li must be greedy too.

The current Jingdong is still not the Jingdong that will be five years from now, and it simply cannot compete with Ahri.

But you definitely have to give it a try.

If Sprout is willing to open Weixin's first-level traffic entrance to Jingdong, Jingdong really won't be able to get much cash, because Jingdong will be in a period of loss now, including in the next few years.

But Brother Dong can take part of Jingdong's shares in exchange, if Mei Ya is willing to invest in Jingdong.

At the critical moment, Brother Dong is still very courageous.

After four rounds of financing, Jingdong’s current equity is still relatively concentrated. Brother Dong and his founding team still hold nearly half of Jingdong’s shares, and the rest is mainly invested by Tiantian Capital and Tiger King Fund.

Institutionally held.

Moreover, Jingdong implements the A and B share systems, and Brother Dong has absolute voting rights.

There is still a lot of room for maneuver.

………

In addition to relevant parties such as the Big Three and Jingdong, the venture capital circle also paid great attention to Weixin’s update and gave it high praise.

Some even joked -

After the Weixin 7.0 version update, it finally threatened Tenda’s social status and became qualified to completely change the domestic social landscape and even the traffic landscape.

The impact is-

The valuation of Qinghe Technology in the venture capital circle suddenly rose to 50 billion.

Not only Qinghe Technology, with the Weixin 7.0 version update, the traffic interface has been officially opened to budding enterprises, and together with Qingniao Interactive Entertainment, the valuation of Qingcheng Group has also increased.

Especially Qingcheng Group.

First, it merged with Moutuan, and then received traffic support, and its valuation immediately soared to 30 billion.

Together.

The overall valuation of Sprout Group has also soared to 180 billion, and it is believed that it will soon exceed 200 billion.

This is not an exaggeration at all, and is even conservative. You must know that Tenda's market value this year has exceeded the 370 billion mark, and it will even double next year, exceeding 700 billion market value.

Of course.

Due to Sprout's repeated attacks on Tenda in the two major fields of gaming and social networking, Tenda's stock price did not rise as sharply compared to the original time and space, and even fell slightly for a period of time.

Whether it will exceed the 700 billion market value mark next year is still doubtful.

………

"The rain is about to come, and the wind is blowing all over the building."

The outside world was noisy, but Zhang Shuo himself knew very well that Wei Xin's step would bring great success, but there would also be huge risks hidden behind it.

Not to mention how Tengda will react, just staring at the big cake of Weixin traffic entrance, I don’t know what to do. How should Mei Ya deal with it?

If one thing is not handled well, it is likely to become the target of public criticism.

This is not the case.

It has only been two days since the Weixin update, and Zhang Shuo has received cooperation invitations from Ahri and Jingdong.

Ren Xiaoyao even went to Binhai City in person to negotiate.

Because he had not yet made up his mind, Zhang Shuo did not come forward in person, but asked Lu Kai, the rotating president, to receive the meeting on his behalf. He planned to find out Ahri's cards and demands before holding a meeting to discuss it.

Friday, March 16th.

Zhang Shuo held an extraordinary meeting, attended by rotating president Lu Kai, vice president Jiang Yue, group operations director Zhao Mingchuan, and general manager of Qinghe Technology Zhao Xiaohu.

discussed.

It is precisely the placement of Weixin's first- and second-level traffic entrances.

Weixin's first-level entrance is "Shopping" and "Games" in Discovery, which are also the two entrances with the largest traffic. Among them, "Games" has been decided to be handed over to Jade Bird Interactive Entertainment, and the remaining "Shopping" will choose an e-commerce company to cooperate.

This chapter is not over yet, please click on the next page to continue reading! It is also the focus of competition between Ahri and Winter Jing.

Pinxixi, which sprouts itself, has just been established as a project, so it’s not possible to use it even if you want to.

Weixin's secondary entrance is third-party services, which currently include four major categories: financial management, life services, transportation and shopping, and each category is subdivided into specific services.

Financial management is operated by Sprout Financial Holdings. Currently, only credit card repayment and Lingqiantong services are available. In the future, we do not rule out adding small loans, insurance and other services.

Life services currently include mobile phone recharge, life payment and city services. They are mainly set up around building a smart city and belong to the category of convenient services.

In the future, we will also increase the payment of social security, medical insurance and other convenient services.

Transportation is the simplest, with only train tickets, air tickets, and hotel services provided by Qingcheng Group.

The final shopping consumption is the bulk. Various services such as e-commerce, group buying, takeout, and movie tickets can be placed in this category to provide various consumer services for Weixin users.

Currently, only Qingcheng takeaways, Qingcheng movie tickets and Qingcheng group purchases are online.

It can be seen that Weixin traffic at this stage is mainly open to the Buya system. To be more precise, Jade Bird Interactive Entertainment, Qinghe Technology and Buya Financial Holdings account for the majority.

In order to win the first-level entrance, Ahri and Jingdong have also set their own prices in the past two days.

The simplest and crudest way for Ahri is to throw money at it.

He proposed that he be willing to sign a five-year service contract with Weixin. For this, Ahri was willing to pay a service fee of 50 billion, but it had to be paid in five years.

Not only did Jingdong have no money, he even asked for money from Sprout. The condition he offered was that Jingdong launched the D1 round of investment specifically for Sprout. Sprout only needed to invest 300 million to get 25% of Jingdong's shares.

Last year, Jingdong raised $500 million in Series C financing at the expense of diluting 9% of its shares.

The overall valuation is US$5.6 billion.

The original Time and Space Winter Club launched its D round of financing in November this year, with an overall valuation of US$7.25 billion.

In other words, the actual value of Jingdong's 25% stake is between 9-11.6 billion, while Suiya only needs to pay 300 million. Jingdong is equivalent to exchanging shares for traffic services.

It seems incomparable to Ahri's 50 billion lavish investment, but that's not how it works out.

What Ahli gave was cash, and it was paid in five years. Not only did it not increase in value, but it would depreciate in the future.

On the contrary, Jingdong shares have huge value-added potential. Comparing it five years later, the market value of Jingdong in the original time and space in 2017 was about 380 billion, and it was even close to the market value of Qiandu.

Even if the 25% shares will be diluted in the future, the value will definitely be more than 50 billion.
To be continued...
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