My Age of Investment - Chapter 1505 cross the river

   Chapter 1505 Crossing the River

   "You mean Seapay that was missed?"

  Xia Jingxing looked at Zhang Yong with a smile and asked, "Do you want to propose the establishment of a finance, or Internet finance business group?"

   "The business scale of Haifutong is still too small for the time being, and there is no need to establish a separate business group, so it will continue to be a subsidiary directly controlled by a group.

   Also, I think Mr. Xia, you don't really want to run and promote financial business in a high-profile manner. "

   A smile appeared on Xia Jingxing's face, Zhang Yong still figured out his thoughts quite clearly.

   "Yes, I really don't plan to set up a financial business group, because in our country, private finance has never been able to become the mainstream, it can only be supplemented!

   However, fintech technology can still be digged in depth, so as to accumulate some experience for developing customers in the financial industry. "

  Xia Jingxing remembered clearly that Penguin never disclosed financial business revenue, profit and other data separately, but disclosed it together with corporate service revenue.

Therefore, although everyone knows that Penguin Financial has done a good job, it is definitely a giant crocodile hidden under the water, but more social eyes are always staring at the company named "Ephemeris", but the high-profile ones are going to shake it. Big tree business.

Moreover, Penguin's financial technology and enterprise service revenue together account for 30% of the company's total revenue. The consolidated operation not only makes the business growth performance extremely dazzling, but also greatly enriches Penguin's revenue structure. The pressure has become stronger and more favored by investors.

   Zhang Yong nodded and smiled, "I agree with your opinion, but the sixth business group I plan has nothing to do with financial business."

When Xia Jingxing swept his gaze over, Zhang Yongcai unhurriedly revealed the answer: "It should be called... the mobile Internet business group! The group can use this business group as a sharp knife to cut quite a bit of the upcoming mobile Internet cake. A piece of the weight."

   Seeing that Xia Jingxing still seemed to be indifferent, Zhang Yong added another weight, "Mr. Xia, don't you think the business territory of Domestic Holdings is still too small?

  Penguin does e-commerce, search, security software, everything.

  Chihiro does post bars, do you, do kiwi fruit, and do everything.

  Compared to the aggressive attacks of the two companies, only Ahri is still focused at present, and does not touch anything except e-commerce business, but is this really the case? Recently, it is no secret that they are recruiting troops at home and abroad, and they plan to do cloud computing.

   Only our domestic holdings acted too honestly and never walked on their territory.

   Now that the mobile Internet wave has fully arrived, we must seize a favorable position for the next decade.

   Considering the relationship between Mr. Xia, Facebook, and Ali, we can not touch the e-commerce business, but the sites of the other two companies can still be kept in mind. "

  Xia Jingxing asked with a smile, "How do you plan to "remember"?"

   Zhang Yong smiled slightly, "Let's talk about search first, last month Jack Ma was unwilling to be lonely and returned to the search engine market again.

  Ali and Yunfeng Fund, together with $24 million, invested in Sogou together with Charles who contributed the same amount.

   Today's Sogou is equivalent to being split from the Sohu system. "

  Xia Jingxing knew about this, Jack Ma personally did not participate in the investment in Sogou, but Charles led the investment in Sogou in his own name, and also brought in Ahri and Yunfeng Fund to accompany him.

Ali and Yunfeng Fund invested 15 million US dollars and 9 million US dollars respectively, accounting for 10% and 6% of Sogou shares respectively. Charles holds 16% of the shares in his own name, and the other 68% of the shares are still in the hands of Sohu. As for Wang Xiaochuan, Still working as a worker.

   "It has been eight years since Sogou was launched, and its development has been tepid, and its share of the search engine market is also very small. Before this round of investment, its valuation was only a mere $100 million.

   Do you know why Jack Ma and Charles chose to come together? "

   Zhang Yong asked himself and answered: "Because both of them saw the blank market and opportunities left by Google's exit this year.

  Charles chose to let Sogou fly solo and provided pension funds to support Sogou’s development. The idea was to let Sogou go public independently.

  How can Sogou find a foothold under the pressure of Chihiro? Charles took a fancy to the e-commerce market behind Ali.

  Ali has blocked the crawling of crawler data from Chihiro since Chihiro launched Youah two years ago. At present, this is one of the few places Chihiro cannot reach.

   And the reason why Jack Ma decided to let Ahri and Sogou come together, in addition to fighting the enemy of Chihiro, I am afraid there is also the meaning of burying a nail in the search engine market.

  Once the search engine market situation changes in the future, Ali may buy Sogou and run it by himself. "

   "You mean, we are also involved in search engines?" Xia Jingxing asked.

   Zhang Yong smiled, "Isn't 360's search engine doing just fine?"

  Xia Jingxing waved his hand, "Don't play Lao Zhou's idea, he will not agree to sell the company."

  Zhang Yong knew this, but he was actually just faking a shot, and immediately added: "We might as well invest in Sogou!"

   "What do you want to do? In the future, compete with Ali and Sohu for control of Sogou?"

  Xia Jingxing shook his head and laughed, "Charles will not let Sogou easily! Has Wang Xiaochuan approached you? That kid is a good balancer, maybe he wants to drag us to balance Sohu and Ali."

   Zhang Yong smiled and said: "I guess he also has this meaning! But you said that Charles should pay more attention to the search engine, I am afraid it is not necessarily.

  The reason why Wang Xiaochuan pulled Jack Ma's investment was completely forced by Charles.

   Zhou Hongyi had approached Charles before, and proposed a cooperation plan: transfer the Sogou browser business to 360, and at the same time 360 ​​and Sohu set up a joint venture company specializing in search.

   Because Charles never took Sogou too seriously, he almost agreed to Zhou Hongyi.

   After trying to persuade Charles to no avail, Wang Xiaochuan could only pin his hopes on foreign aid.

  Unfortunately, I went to Korea during that time, so I asked Jack Ma to take the lead in investing in Sogou.

   But Wang Xiaochuan also said that if Domestic Holdings is willing to invest in Sogou, he will welcome it at any time. "

Xia Jingxing shook his head, "Even if Charles agrees to sell Sogou, Wang Xiaochuan will not agree, maybe he turns around and finds Sogou investment from Penguin and Shanda, trust me, his cowardly actions can make you mad ."

   Zhang Yong said: "I heard that you and Wang Xiaochuan are alumni from the same middle school, can you talk to him? Take him down?"

   "It's a bit difficult, he's too arrogant! For example, he once publicly defied Charles's order to ban him from being a browser, and led the team to develop secretly, and as a result, he was relieved of real power by Charles for more than a year.

  At one time Charles thought he would not be able to stand the choice to resign. As a result, he stunned Charles to lose his temper, and finally chose to support him.

   Introducing Ali, Yunfeng Fund and Charles' private investment, he should have done Charles' ideological work too.

   A man with such a firm goal, how do you conquer him? "

  Xia Jingxing shook his head, not thinking that he could convince the stubborn Wang Xiaochuan.

Zhang Yong felt that President Xia's face was bigger than his own, and he was more able to fool himself than himself, so he persuaded reluctantly: "You have to give it a try before you know the result! You can meet and talk with him once, okay, okay, not okay. Pull it down!"

  Xia Jingxing thought for a while and felt that there was little hope for the negotiation, but Zhang Yong said it all, and he couldn't refuse, so he nodded, "Okay, let's try it!"

   Zhang Yong was overjoyed when he heard the words, and continued: "If we can successfully win Sogou, then we can take another step in the browser market, acquire UC Browser, and then merge the two companies.

   In addition to the Sogou input method, which has a high market share, we also have our own "three-stage rocket". "

   "Acquisition of UC Browser?"

  Xia Jingxing seemed a little hesitant, didn't he think that he would sell it for money? Many companies invested by Vision Capital have been acquired by domestic holdings.

   But then again, whoever sells it is not selling it, and it’s not that the domestic holdings can’t afford the money, the left hand is the right hand.

"By the way, Mr. Xia, Penguin renamed the TT browser to QQ browser this year, and released an iOS version of the application some time ago. It is clear that we want to seize the mobile Internet entrance. We are a little slow in this field. The acquisition of Sogou And UC Browser is the fastest way to catch up with Penguins, and at the same time push the front line to Chixun's doorstep."

   Zhang Yong saw that Xia Jingxing was silent, so he simply revealed all his plans.

   "In addition to the need for search engines, browsers, and input methods to fill the gaps in the industry map, I also want to acquire AutoNavi Maps.

  In the era of mobile Internet, the application scenarios of mobile phone maps are obviously richer than those of computer maps, and the use will become more frequent. This is also a large traffic entrance, which needs to be mastered and occupied.

   In addition, there are mobile assistants and third-party app stores, and we must hurry up to develop them. "

   Speaking of this, Zhang Yong subconsciously added a few words: "Although Fuxing Mobile has these products, after all, it is impossible to integrate the company's own product resources efficiently with the company's own product resources.

   Moreover, the launch of a mobile phone assistant or application store by Hai Nei Holdings is actually an increment on the basis of Fuxing Mobile Assistant and 91 Assistant, just as Hainei Cloud is an effective supplement to Fuxing Cloud. "

  Xia Jingxing rubbed his forehead, Zhang Yong's words contained a bit of information, and he was still slowly digesting it.

  According to what the other party said, it seems that Domestic Holdings needs to expand its industrial territory, because if you don’t occupy these commanding heights, it will be occupied by others in the future.

  The Chinese Internet is not too convoluted at the moment, but it will be rolled up sooner or later, and the relationship between several giants will also escalate from small friction to war.

  Xia Jingxing asked tentatively: "Do these companies have to buy them? Can't we do it ourselves?"

   Zhang Yong smiled and said, "It takes time to do it yourself, and it is easy to involve energy. Acquisition and integration are the most efficient means.

   And we haven't dominated the social networking industry yet, and we can't use traffic to accurately feed too many new products.

   By the time we have this feeding ability, the market has already been occupied. "

Xia Jingxing nodded lightly, what Zhang Yong said had a bit of truth, the rise of domestic holdings is too fast, from the SNS field to games, and then to big entertainment and instant messaging, these industries alone have left the domestic holding group almost All the energy, there is not much time and energy to take into account the low-priority industries such as browsers and maps.

  This is different from penguins. Penguins basically do whatever they want. The key is that penguins can often do well with their own traffic, and even kill originality! Of course, there are more failed products.

  Xia Jingxing asked: "Do you plan to form a mobile Internet business group with these businesses?"

   Zhang Yong replied with a smile: "Yes, what do you think? We are not greedy, we just pursue the top two in the country for every product."

   "I thought you would aim to be number one in the industry!"

   "The first place is too difficult. Maps, browsers, and app stores still have a chance to compete, but search engines... I'm afraid it won't be easy to beat Chihiro."

  Xia Jingxing was silent for a long time, then squeezed out a smile and said, "Your suggestion is good, we should find something to do for Robin Li."

   Hearing this sentence, Zhang Yong smiled happily. Qianxun has publicly declared war on domestic holdings for more than half a year, but they have been enduring without fighting back.

   "But we need to be patient and wait for Lao Zhou to shoot first!"

   Zhang Yong quickly reacted, and hurriedly asked: "Is the red-clothed cannon going to show off?"

   "Yes, I guess the penguins are almost ready, it's time to show the horses and horses.

  Let's not worry, wait until the **** Lao Zhou crosses the river! "

   (end of this chapter)