“…In summary, Qingyun Group has adopted a very clever business layout, organically linking takeout, express delivery, and intra-city delivery businesses to form a perfect closed loop.
Ali did not understand this point and rashly tried to challenge it through the franchising system. Even if he invested more money, he could not gain a competitive advantage.
However, for group buying business, based on the estimated data share, users who rely on precise search, click through to the website and ultimately complete the transaction account for at least more than half..."
At an internal meeting at Qiandu, Li Yanhong listened to his subordinates reporting the analysis data, turned his head and whispered to the executive next to him:
“Is the authenticity of the data reliable?”
"Through questionnaire surveys, data tracking, offline follow-up visits, social surveys and other channels, we collected more than 7000 samples.
Of these, more than 3700 search services provided by the group were directly involved, and nearly half of the remaining 3600 were provided by rival companies.
The executive responded calmly. The rival company he was talking about was Google China, which had not yet completely withdrawn from the Chinese market at the end of 09.
It is also Baidu's biggest enemy in the domestic search market.
"Collate all the key data into a book, and you will personally preside over the meeting at the board meeting tomorrow."
Li Yanhong has always been dissatisfied with Qiandu's traffic revenue, even though it once accounted for 99% of the entire group's revenue, compared with the instant messaging software and e-commerce giants in the same period.
Still too low.
At this time, Tengda's total market value in Hong Kong has exceeded HK$2500 billion, and the market value of Ali International, a subsidiary of Ali Group, is actually comparable to that of the entire Baidu.
bat, unknowingly became tab, which was unacceptable to Li Yanhong, who claimed to be the most technically advanced of the three Internet giants.
Fortunately, due to some special reasons, he had received a hint from the highest level that the negotiations with Google had reached a dead end.
Perhaps in the near future, this competitor, which occupies more than 40% of China's market share, will have to exit the market in disgrace.
Under the influence of this expected positive impact, Qiandu’s board of directors also put forward more requirements, such as the most important point that Qiandu must get rid of its single revenue model.
There is no company in the world like Baidu, with a market value of over 99 billion US dollars and % of its revenue coming from search advertising services.
Even Microsoft, which actually monopolizes the world's computer operating systems, is not so outrageous.
The pressure from the board of directors and the criticism from investors forced Qiandu’s management to make changes!
At the beginning, they also set their sights on the takeout business. After all, they had set an example and achieved very good results.
Baidu is not deeply involved in the express delivery industry, but it also wants to get involved in the e-commerce industry and get a piece of the pie. Now is a good opportunity.
But before Qiandu could take action, Ali entered the scene and started a brutal subsidy war.
Although Qiandu was rich in 09, it depends on who it is compared with. Now is not the time when it dominates the search advertising market, compared to the wealthy Ali.
Qiandu is slightly weaker, with subsidies of over 100 million yuan every month, so it cannot pass the hurdle of shareholders, not to mention whether it can win.
The current result makes the participants feel fortunate that they did not intervene rashly.
Some executives, while feeling relieved, couldn't help but worry about their cooperation with Qingyun Group, especially the contract with an extremely high penalty fee.
"The advertising contract with Qingyun does not affect the company's determination to get involved in the group buying business. Compared with the simple navigation traffic income, the future of the group is more important."
It was just a business contract, Li Yanhong really didn't take it seriously.
Even if it is agreed that Pinxixi must be placed first in navigation search, so what?
Isn't it just a small technical problem?
For example, as the following person suggested, the three words "Pinxixi" should be shrunk to a size that ordinary people cannot see with the naked eye without careful observation.
Just tell me whether it is ranked first or not?
Alternatively, you can use a third-party link on Pinxixi, click on it and be redirected to Qiandu’s own group buying website.
Of course, all of this needs to be discussed first. If Pinxixi can make concessions, or even allow Qiandu to acquire a stake and take controlling stake, then Qiandu would not mind continuing to direct traffic for it.
Coincidentally, Tengda thought so too...
"So, I've become the easiest target?"
Li Zehua looked at the two companies and heard an invitation to renegotiate. "Is this an invitation? Why does it look like an ultimatum?"
Sun Tongyu was not here. He went to Jinling to investigate the college student market.
However, Zhang Lei from Gaoling Capital came from Yanjing. He came to raise funds for JD.com. Qingyun Investment is a major investor and happened to come across this matter.
Hearing this, he took the initiative to step forward and said, "Let me ask first."
While he was making the call, Li Zehua handed the fax to Wu Yibin, "Look, here comes the jealous one.
This is what a big company is like. As long as it is a profitable project, they want to grab it into their arms. "
He did the same, but at least he didn't snatch it from others. The contract was still there. It's so ugly that he was greedy. I'm speechless.
Wu Yibin smiled and said, "Fortunately, we were well prepared. The contract with Google has already been signed. The 42% search market share is not much different from Qiandu's 55%, and the advertising cost has been saved by more than 40%."
"Alright."
Li Zehua couldn't bear to dampen his confidence, so he murmured, "Google, you only have a few moments left to bounce around."
Fortunately, there is still the last six months to control Qiandu.
Thinking of this, he apologized, stood up and left into the small study.
He used the landline to call Qin Lang who was far away in Beijing, "… things are almost like this. As planned, we will meet Zhang Chaoyang from Sohu and Wang Xiaochuan from Sogou to discuss the search engine cooperation."
It is very necessary to plan ahead, especially in the era when Baidu and Google together occupy 97% of the search engine market share.
No one could have imagined that in just over five months, Google would completely withdraw from the Chinese market.
The era of Qiandu's dominance is about to come.
Well, the script is well arranged, but what about the biggest variable?
Qin Lang was not as confident as him. "Boss, it's not difficult to develop a search engine, but the cost of promoting it is an astronomical figure!"
Given Sogou's current situation, it would be extremely difficult for it to successfully break out from under the nose of Baidu.
Li Zehua laughed, "Money? Qiandu will send it.
You should talk to Sohu first. If we reach an agreement, 1 billion or 2 billion is no problem! It’s just the cost of grabbing market share. Qiandu will reimburse you in full.”
Qin Lang was confused and asked stupidly, "Can the liquidated damages for the advertising contract signed with Qiandu be so high?"
"The secret cannot be revealed, just talk about it first."
Li Zehua deliberately kept the question in suspense, and after hanging up the phone, he called Lin Wenhui again. The latter was in Hong Kong discussing the issuance of a certain amount of Qingyun Group corporate bonds with a financial company.
"Mr. Li, $3 million is a huge number. If anything unexpected happens with the investment, it will greatly hinder the company's future development."
Lin Wenhui also tried to persuade him that US$3 million was not a large amount and with the strength of the Qingyun Group and the performance of its subsidiary Pinxixi, it would be easy to raise funds for Qingyun Real Estate's project.
The problem is not corporate bonds. This time, Li Zehua applied for investment fund financing from financial institutions by pledging his shares.
Google withdrew and Qiandu won easily. In a little more than a year, its market value soared from tens of billions of US dollars to more than 40 billion.
How could Li Zehua miss this feast of wealth? Qingyun Investment will intervene in the secondary market sooner or later.
Domestic liquor, medicine, mineral energy, even if you haven't touched the stock market 10-20 years before your rebirth, you will still remember companies like Moutai, Pianzihuang, and Wuliangye.
Overseas, Apple, Microsoft, Amazon, Google and the like are all good long-term investment projects.
Yingmuda?
Sorry, don’t tell Li Zehua about the future light of AI and its development direction. If the impact cannot be controlled, it is better to destroy it secretly than give it a chance to grow even a little bit.
This time, under the pretext of intervening in investment in Chinese stocks listed in the US, it took the opportunity to complete its first round of financing (fixed-interest bond financing rather than equity financing).
Only with money can you invest in overseas secondary markets, and Qiandu is one of the best opportunities.
Because the international situation developed as he had predicted, Lin Wenhui had to admire his vision, and at the same time he understood that this was a test from his boss. Although he still held the position of Senior Executive President of Temasek, his interests were now deeply tied to Qingyun Group.
But with the first round reaching $300 million, Lin Wenhui was still worried, "Why not try to raise $100 million first?"
"What about sending beggars away?"
Li Zehua said dissatisfiedly: "Don't you see clearly? Now the key industries related to national economy and people's livelihood, financial security, and public opinion control are all clearing out foreign capital.
In the new energy battery industry, the company's application for subsidies for domestically produced batteries, jointly submitted with BYD and other companies, has passed the preliminary review of the relevant competent authorities.
Coupled with the dispute between Ali and Yahoo over payment and equity, Yahoo’s silence already explains a lot.
Not to mention the agreement, similar policies will be introduced in all walks of life!"
“We’ve finally come this far!”
Lin Wenhui's heart tightened, and at the same time he felt a sense of admiration for Li Zehua's personal judgment. Others might not know the boss's personal background, but doesn't he know it?
He started from scratch, and his work was as clean as a blank sheet of paper. But his strategic vision was as if he had experienced it personally. He was aware of every detail, and his words were always accurate and his actions were always fulfilled!
This is the biggest advantage of a time traveler. Li Zehua can use his own resources to change a specific person, but he cannot affect the important matters of the family and the country.
In particular, it involves the core interests of several superpowers.
Since the agreement is doomed to fail, it is imperative to clear out foreign investment in key areas as a reciprocal counterattack!
This is not the expression of the will of a single individual, but a collective decision, and it is almost impossible for external forces to intervene!
No one expected that in this dark and turbulent situation, someone would blatantly cheat and get a head start.
In half a year, enough financing is available to enter the market in advance and collect chips.
Li Zehua had already made plans for the $300 million. He selected five or six reliable points and bought them together as a package.
Half of the money is used to buy stocks and the other half is used to buy call options. When there is enough profit, set a safe stop loss line and continue to pledge and buy.
For Qiandu alone, it would not be excessive to make a profit of three to five hundred million US dollars, including the call options. When the time comes, they can get the money back and just catch the boom of mobile Internet.
Give it half and let Sogou make arrangements in advance to grab the mobile search share. Even if it can't kill Baidu, it can at least disgust it to death!
Lin Wenhui actually wanted to bring Temasek in to share the risk, but Li Zehua disagreed. Why? Does a pure profit project require someone to share the profits?
It is possible to win over some key figures in Temasek and make a fortune together, but Qingyun Group must also have its own advantageous projects.
Otherwise, we will have to rely on Temasek for help in the future. What if they fall out one day?
"Remember, create multiple identities. It's best not to use Qingyun-related foundations. You can make money, but you don't need to show your identity."
Lin Wenhui was quite amused and confused. When investing in stocks in the normal secondary market, was it necessary to go to great lengths to conceal one's identity?
The money has not been earned yet, but the foundation's cover has resulted in hundreds of thousands of dollars in extra expenses.
However, the boss repeatedly emphasized that he had no choice but to bite the bullet and continue to negotiate with banks, financial institutions and investors with two contradictory mentalities: admiration and uneasiness.
I was also wondering: Three hundred million US dollars, if the investment fails, how big a blow will it be to Li Zehua's confidence?
Will it affect his future decisions regarding the company?
Draw a capital question mark.
After finishing these things, Li Zehua came out of the exclusive study in the office. This was a secluded place where he usually thought, and various shielding and anti-eavesdropping devices were specially set up in it.
Only the confidential phone on the desk could be used to communicate with the outside world, and the soundproofing facilities were extremely effective. Zhang Lei and Wu Yibin, who were waiting in the office, could not hear a word the entire time.
"Mr. Li, I have just tried to contact both companies. Mr. Xiao Ma's intention is the same as before. We can talk. He wants 5% of Pinxixi's shares."
Zhang Lei first reported the results of the contact, "Qiandu is about the same. Chairman Li Yanhong personally answered the call and is looking forward to further cooperation. He also asked you to go to Yanjing for a face-to-face meeting."
"Very good. Win-win cooperation is my consistent principle in doing business."
Li Zehua responded superficially, "Thank you, Mr. Zhang, for your help. I don't have any major problems."
It's like everyone is procrastinating.
He dared to bet that Qiandu Tengda had already launched its own group buying project. The reason why he wanted to talk about it was just to find out more about Pinxixi's situation.
Of course, if he is willing to hand over the controlling rights of Pinxixi and let a giant take charge of the business, Qiandu and Tengda will be happy to terminate their plans.
It is always better to eat ready-made food than to spend money to cook from scratch.
Zhang Lei breathed a sigh of relief when he saw that his attitude had finally softened. "Then I'll make arrangements now and go to Pengcheng to meet Mr. Ma first."
After all, he is the major shareholder of Tengda!
After chatting for a while about investing in JD.com, Zhang Lei left with satisfaction, having gained a lot.
"Mr. Lin's financing in Hong Kong has already yielded initial results. You should also pay attention to domestic affairs. Investments in Shanghai and Shenzhen can be done slowly. Just buy the targets I have selected little by little."
Li Zehua did not attach too much importance to investing in stocks of domestic listed companies. After all, not knowing the outcome is called speculation, and knowing the outcome is called market manipulation.
As this business was a sure win, he had no plans to accept external financing, but instead set up an employee investment and financial management plan.
Including company executives, technical talents to be attracted in the future, and specific people with special resources, what could be more convenient than investing in the stock market to make money?
The company is now arranging a law firm to study how to reasonably and legally raise funds from a specific group of people in a non-disclosure manner.
Private equity funds can do it, but he also doesn't want to leave any hidden dangers. After all, with such a large employee base in the Qingyun Group, even if only one-tenth of them joins, it will be an astronomical figure.
Wu Yibin didn’t know much about this, but fortunately the company had many experts who knew the subject, “… using the branch as a unit, we established a private equity fund in the province where it is located, and then entrusted financial management.
Focusing on Qingyun Investment, the most critical legal risk lies in whether the fundraising risk is controllable and whether the number of people raised exceeds the legal limit?
These are several solutions that we have made according to your requirements. None of them can be considered as an absolutely perfect solution. We can only say that each has its own advantages. "
"The company can't control what they do privately."
After careful consideration, Li Zehua chose one of the jobs with relatively low legal risks. “The number of levels of entrusted financial management cannot be too large. Any entrustment with more than three levels of transfer cannot be accepted.
Also, you can look at which companies on the market must be included, and send a letter to consult and see if there are similar entrusted financial management needs. "
Wu Yibin said with a bitter face: "I have sent them all, but no one agreed."
"Not a single one?"
Li Zehua was stunned. "Isn't my reputation as a genius in the financial world loud enough? The capital scale has increased 300 times in more than three months. Isn't that attractive enough?"
Of course, the amount of financing is not that high, but it is a fact that the principal has increased from 300,000 to nearly 100 million.
Wu Yibin hesitated for a long time before he said, "Actually, your experience has been artificially erased by the government of the Demon City..."
There was something else he hadn't said in his mind. In fact, he knew everything he should know, but 90 becoming tens of millions was nothing in the stock market.
What's more, he is the banker, so he won't care about such a small profit.
"Is that so?"
Li Zehua knocked on the table and said, "Forget it. Anyway, let's stick to the set goal. If they don't invest, they will be the ones who lose."
He is absolutely optimistic about his investment in the stock market. Does Gou Zhuang want to reap his benefits?
There are no doors.
For example, how to sell large-cap stocks like Moutai and Pianzihuang?
This is a benchmark set by the joint efforts of major funds. Which blind speculator dares to stir up trouble?
He is not greedy, he just wants to earn some living expenses!
Well, there are a little over 100 million people, more than 100,000 today, and maybe millions in the future. The annual living expenses must be tens of billions, right?
"It just feels a bit weird. Others are trapped in stock trading and become shareholders, but I raise my hand and become a major shareholder. Doesn't it seem like there is much difference?"
No one knew where Wu Yibin got the courage from to run his business well and then start investing in the secondary market.
Fortunately, he provided a list of investments and did not plan to preside over it himself, otherwise all external shareholders would have come to hold him accountable.
When Wu Yibin left, Zeng Haiyang from Fengniao Express came in again, "Chairman, what Ali and his gang did was too much!" (End of this chapter)