If Xingyi Technology is a small company and Wang Yi doesn't have much ability, Xingyi Video would have died under Baidu's ban!

Could this be a misunderstanding?

Baidu has this style of doing things, blocking and suppressing people at every turn.

In the previous life, Gaode Map was blocked and suppressed by Baidu, which made it very rude.

NavInfo also had a large amount of underlying map data stolen by Baidu Maps and had to sue for rights protection.

As a result, after Baidu lost the lawsuit, it continued to use various means to delay it until it finally lost the lawsuit 7 years later and had to pay NavInfo more than 60 million...

After being infringed for so many years and delayed for seven years, I only had to pay more than 60 million yuan...

Even if NavInfo ultimately wins the lawsuit, it will suffer heavy losses.

Nowadays, it is Wang Yi who has the strength and makes Baidu really hurt, so he will bow his head.

Otherwise, how could Baidu bow its head and apologize?

joke!

Wang Yi knew this in his heart, and naturally he would not be paralyzed by Qu Xin's smile.

Qu Xin chuckled: "Director Wang, this is all done by people from iQiyi. Director Li and I have absolutely no intention of doing this. We come here with sincerity!"

"Really?" Wang Yi smiled faintly and didn't bother to think about it: "What kind of sincerity?"

Qu Xin said with a smile: "Dr. Wang, you bought the Amap for 500 million, and we at Baidu are willing to buy it back for 500 million. This is our sincerity!"

I’ll give you an extra 1 billion. Is that enough sincerity?

If it doesn't get better then accept it, take money and negotiate!

Qu Xin is confident.

He felt that Wang Yi would never refuse the price of one billion.

Wang Yi was extremely speechless: "Acquisition of Gaode...Sorry, not selling!"

Not to mention 500 million, even if it is 500 million, we won’t sell it!

As an underlying map data service provider, AutoNavi is the core foundation of Xingyi Technology’s O2O strategic layout. If Xingyi Technology wants to grow, it cannot do without underlying map services.

Not only Xingyi Technology cannot do without the underlying map, but BAT also cannot do without it. Where can I sell it?

As for saying that O2O (online to offline or offline to online) is too low-level, don’t do O2O...

This is even more unrealistic.

The current trend of the Internet is O2O.

Meituan, Ele.me, Didi, Dianping, Qunar, Tongcheng, Fliggy, Lianjia, Taocai, Beike, etc. that will rise in the future are all O2O.

In this wave of golden trends, BAT is investing crazily, and Wang Yi cannot let go of O2O encirclement.

As for big data, cloud computing, AI and other hot topics, they are high-end, but they burn unlimited money in the short term and have no output.

Alibaba started working on Alibaba Cloud in 2009, investing one to two billion every year. It was only in 2015 that it began to expand rapidly. It took off completely in 2018, and it only achieved profitability for the first time in 2022!

That’s right, Alibaba spent 20 to 30 billion in thirteen years to achieve profitability!

Now that Wang Yi is starting to do cloud computing, it will cost more than 20 billion, and it will take seven or eight years to take off!

But in the past seven or eight years, Xingyi Technology has to develop and make money, so it has to rely on other businesses and O2O.

The reason why Baidu collapsed in the previous life was that All in AI was difficult to make a profit, while O2O, which was profitable, collapsed across the board.

Alibaba has been struggling for ten years and finally waited for the explosion of Alibaba Cloud cloud computing.

But the AI ​​​​water is too deep. Baidu has been struggling for ten years, but Baidu’s AI has not ushered in a big explosion.

As a result, Baidu AI did not produce enough output, and other O2O companies were completely defeated, neither rising nor falling. In the end, the market value was only one-tenth of Tencent and Alibaba.

Wang Yi will not make Baidu’s mistakes.

Big data, cloud computing, and AI are all long-term investments that continue to burn money, starting with 20 billion.

And O2O is the golden track at the moment, especially the food delivery and online ride-hailing tracks that are almost blank and even capital is not interested in. They are both profitable avenues and the best opportunities.

As for the group buying platform that is a red ocean, Wang Yi does not want to participate at the moment. When they are done fighting, he will collect the corpses, acquire several platforms, and integrate them into Amap Group Buying.

Or invest in Meituan.

However, the current Meituan is invested by Alibaba, which can be regarded as Alibaba. It is not easy for Wang Yi to invest.

In the Internet industry, what matters most is the division of factions.

In the previous life, Meituan had a falling out with Alibaba, and it was unable to do anything with Dianping, a company owned by Tencent, so they merged, drove Alibaba away, and switched to Tencent.

This incident became a lingering thorn in Jackma’s heart, and he did not hesitate to acquire Ele.me but also frantically suppressed Meituan.

Similarly, the opportunity for Wang Yi to invest in Meituan was also the falling out between Meituan and Alibaba!

If we invest now, Alibaba, as the major shareholder of Meituan, will definitely not agree.

It is better to attack the online ride-hailing and food delivery fields first, and at the same time wait and see the development of the Thousand Group War in the group buying field before making any plans.

But no matter what, it is impossible to sell the Gaode map!

This is the basis.

Qu Xin's expression changed slightly: "Director Wang, do you think you have too little money? The price of 500 million is already one billion higher than the purchase price you paid a few days ago!"

Qu Xin felt that after making a billion in just a few days, this deal was a great deal, so why not sell it?

Or are you hostile to Baidu and want to use Amap to continue to work for Baidu?

Wang Yi waved his hand: "It's not about money, it's just that I don't plan to sell it."

Qu Xin was silent for a while and then spoke again: "Dr. Wang, 500 million, premium 1.5 billion, Baidu acquires Amap!"

"A premium of 500 million..." Wang Yi laughed dumbly, and couldn't help but wonder, is Baidu's brain enlightened?

Are you aware of the strategic significance of the underlying map data? So you have to win Amap with a premium of 1.5 billion?

In fact, Li Yan has a very high IQ and strong skills, but he is too arrogant and his abilities are average.

Technology does not equal ability!

To put it bluntly, Li Yan is a technical player, but when it comes to managing the company, business wars, vision, and layout, that’s a big deal.

For example, no one is optimistic about cloud computing at the moment, only Wang Jian is optimistic about it.

Jack Ma also doesn’t understand cloud computing, but he was persuaded to invest one billion a year in cloud computing, for 10 years first, and if it doesn’t work in ten years, he will continue to invest!

Tencent Chairman Ma believes that cloud computing has a future, but it is too advanced.

But Li Yan said, "Cloud computing is just old wine in new bottles, with nothing new."

That’s right, Li Yan directly rejected cloud computing!

The result can be imagined. A few years later, Li Yan was dumbfounded when he saw Alibaba Cloud Feitian becoming bigger and stronger and easily solving the 12306 Spring Festival transportation problem.

He decisively admitted his mistake and changed his words, saying that "cloud computing is new wine in a new bottle..."

In terms of technology, Jack Ma is not as good as Li Yan, but Jack Ma is not arbitrary and can listen to advice.

I am willing to learn more about what I don’t understand and invest heavily in it.

But Li Yan is different. What he doesn't like is garbage, without anything new...

So, ten years later, Tencent and Alibaba have grown tenfold and developed rapidly. However, Baidu missed opportunities one after another and declined rapidly...

But now Baidu wants to acquire Amap for a premium of 1.5 billion. Is it really enlightening? Do you see the strategic significance of the underlying map data?

Seeing that Wang Yi didn't refute, Qu Xin was happy, this is a joke.

He said decisively: "Dr. Wang, the premium is 1.5 billion. We at Baidu are very sincere. Please consider this. Of course, any misunderstandings about the ban will be resolved. We are all friends!"

"Haha." Wang Yi smiled slightly: "This matter is very relevant, let me think about it."

"It should be." Qu Xin was in a good mood and thought Wang Yi was really moved.

After another pleasantry, they left.

Jian Ziyan walked over: "Chairman, are you really going to sell the Amap map?"

"What do you think?" Wang Yixiao said.

Sell ​​a hammer!

The reason why there is no further refutation is to see Baidu’s current intentions.

At present, the domestic underlying map data vendors that are doing well are AutoNavi and NavInfo.

Baidu Maps uses the new underlying map data of NavInfo.

In fact, if Baidu goes directly to NavInfo and takes a stake in NavInfo, it can also ensure the security of its underlying map strategy.

But it's a pity that Baidu has such a big appetite that if it insists on acquiring Amap, it will be a suicide.

I'm afraid that the opportunity to invest in NavInfo is gone.

Wang Yi doesn’t think BAT are all fools.

Li Yan and others can see the strategic significance, and Alibaba and Tencent can also see it.

If NavInfo is snatched away by Goose Factory and Alibaba, Baidu’s future will be very interesting.

Well, let’s delay Baidu for a day, wait until Alibaba or Penguin win NavInfo, and then reject Baidu!

At that time, Baidu will say that Tiantian should not respond and the earth and the earth will not work.

Without the underlying map data, what else can Baidu Maps do?

As for doing your own surveying and mapping, building your own underlying map database?

This is hard to reach!

Map surveying requires Class A surveying and mapping qualifications. Amap and NavInfo have this qualification, but Baidu currently does not!

In the previous life, Baidu acquired a company with Class A surveying and mapping qualifications in 2014, thus gaining qualifications.

And having surveying and mapping qualifications is just the beginning. There is so much underlying map data that it will be impossible to complete it in just a few years!

In the previous life, Baidu and NavInfo signed an agreement in 2013, and NavInfo authorized Baidu to use it until 2016.

Unexpectedly, archrival Goose Factory invested in NavInfo in 2014. After the cooperation between Baidu and NavInfo expired in 2016, it was naturally impossible to renew the contract.

From 2014 to 2016, Baidu mapped a lot of map data on its own, but it was still not enough, so it could only continue to infringe and use NavInfo's data, and was sued by NavInfo...

After losing several cases in a row, Baidu refused to accept the case and kept delaying the appeal. However, every time it lost the case, the stock price plummeted, causing Baidu to suffer heavy losses.

One of the reasons why Baidu's market value was so low in the previous life was the security crisis of Baidu's underlying map data.

But this time, it will definitely be more brutal!

After all, Baidu in the previous life still had NavInfo’s authorization transition period from 2013 to 2016, and could use these three years to build its own underlying data.

But this time, there is no such transition period!

Counting the time, NavInfo and Baidu signed a new three-year authorization period in 2013. In other words, the old authorization will expire next year!

By 2013, Baidu Maps was faced with no underlying data available!

During the one-year transition period, it is questionable whether Baidu can obtain Class A mapping qualifications, let alone develop its own underlying map database.

Every four or five years is wasted.

As a result, Baidu Maps will be in jeopardy!

Wang Yi did not directly reject Baidu's acquisition of Amap, but was waiting for Goose Factory or Alibaba to take the lead in NavInfo. As a competitor, he would naturally not continue to authorize Baidu Maps.

Wang Yi once again rejected Baidu’s acquisition of AutoNavi and would not authorize Baidu!

By then, Baidu Maps will have no underlying map data available, and it will be really cool.

This is high-end business war!

Baidu blocked Xingyi Video, so Wang Yi teamed up with Penguin or Alibaba to directly authorize the underlying map to block Baidu Map!

Baidu Maps, the core business that Baidu invested heavily in developing, went completely bankrupt!

Then Baidu's losses will be huge.

The stock price has dropped so much that you can’t even recognize it!

From then on, Wang Yi’s Amap became the dominant one!

"Ziyan, send someone to keep an eye on Siwei Tuxin." Wang Yi smiled slightly: "If you have any plans, please tell me at any time."

"Okay, Chairman." Jian Ziyan didn't know Wang Yi's plan, but she would execute it immediately.

NavInfo’s new headquarters.

After receiving a report from his subordinates, NavInfo’s chairman Lin Tao was confused:

"Alibaba wants to invest in us, and Tencent also wants to invest. What's going on?"

"My father doesn't care about me, my mother doesn't love me, but the underlying map data manufacturer has become a hot potato?"

However, Lin Tao did not make a rash decision, but immediately convened a high-level meeting to discuss the issue.

"Both Alibaba and Tencent have sent their vice presidents here, presumably to invest in NavInfo. What do you think of this?"

After hearing this, many senior officials were also confused.

It took a long time for someone to say: "Chairman, the bottom map data providers are us and AutoNavi. Director Wang of Xingyi Technology has acquired AutoNavi, so Alibaba and Tencent are fighting for us!"

"Yes, it makes sense, it should be like this."

"The current group buying war is in full swing. The bottom layer of 6,000 group buying websites is map data!"

"Not only that, other O2O industries are also based on map data. Without the underlying map data, it is impossible to do it."

"In addition, BATs are fighting each other, blocking and suppressing each other, and the security of the underlying map data has become crucial. This is why Penguin and Alibaba are fighting for us!"

After some discussion, everyone's eyes lit up and they fully understood the plot behind it.

Lin Tao nodded: "I see, you are right. Then what should we choose next? It is unrealistic to have both sides! BAT, you can only choose one!"

Instantly, the whole room fell into silence.

It's so hard to decide.

Opposite is the BAT giant, NavInfo has a market value of tens of billions, which is only one-tenth to one-twentieth of the other party.

Not much say at all.

If you're right, that's fine.

If you suggest joining the Alibaba family and end up with the Penguin family, then it’s over and you’ll definitely have to settle the score with your queen.

Seeing that everyone was silent, Lin Tao cursed in his heart: "These people are so cunning."

In desperation, he could only look at the vice president: "Old Zhou, you say it first!"

Vice President Zhou Feng frowned slightly and said thoughtfully: "We are not in a hurry which company to choose. We can look at the price and conditions they propose. But we can discuss our bottom line in advance. For example, how many shares can be given,

How much say should I be given..."

"Yes, that makes sense!" Lin Tao nodded in agreement.

After some discussion, they set a bottom line, 10% of the shares, 1.1 billion.

As for the right to speak, it depends on the subsequent development.

As for which company to defect to, no one has said it, but every senior executive has their own Xiao Jiujiu in their hearts.

Subsequently, NavInfo's senior management successively held negotiations with representatives from Alibaba and Tencent.

Seeing that their rivals were taking action, representatives from both sides changed their expressions and decisively informed the headquarters.

Alibaba headquarters.

Jack Ma's expression changed slightly: "What? People from Tencent are also there? They move quickly enough!"

"The underlying map data involves strategic security and must be captured. Give me more money, 1.2 billion, 10% of NavInfo's shares!"

"Okay, Chairman."

After receiving instructions from the old director, Alibaba’s people decisively approached NavInfo’s Vice President Zhou Feng again:

"Director Ma said that as long as NavInfo signs a contract today, 10% of the shares will be worth 1.2 billion!"

"1.2 billion ten percent! Doesn't that mean NavInfo's market value has increased from 10 billion to 12 billion!"

Zhou Feng was shocked: "Wait a moment, I will go to the chairman to report!"

"Okay, please." Representative Ali has a winning chance.

With a 20% premium, NavInfo definitely couldn’t refuse.

Lin Tao, who was negotiating with Penguin representatives, was shocked when he got the news: "What? 1.2 billion?"

"Yes, Chairman, Alibaba has raised 1.2 billion!"

Lin Tao looked at the vice president of Tencent opposite and showed an embarrassed smile: "President Yang, look at..."

The corner of President Yang's mouth twitched and he quickly held Lin Tao down: "Director Lin, don't worry, I will contact Director Ma right now!"

"Okay, I'll wait for you!" Lin Tao smiled.

He deliberately asked Zhou Feng to say it in front of President Yang so that Tencent could follow suit and increase prices!

President Yang naturally knows this, but there is nothing he can do about it, this is a conspiracy!

I could only quickly call Chairman Ma: "Chairman, the situation is not good. Alibaba has also come to acquire NavInfo, and the amount is 1.2 billion! Look..."

"Ali is here too!" Ma Dong's expression changed drastically, and he thought of the consequences for a moment:

"No, Gaode was taken down by Wang Yi. If SiDInfo is taken down by Alibaba, then our Tencent Soso map will no longer have the underlying map available? Then there will be no way to do group buying and the like!"

"Yes, that's the truth. The strategic security of the map is too important. I suggest increasing the price."

Director Ma nodded: "The price must be increased. Ali is 1.2 billion and we are 1.3 billion. If they are 1.3 billion, we are 1.4 billion! Give me a price increase and we must win it!"

"good!"

Subsequently, the two sides began another round of confrontation.

Not only the price competition, but also other preferential conditions.

The development of the Internet is all about crossing the river by feeling the stones.

Before Wang Yi took action, Amap and NavInfo were both there. BAT didn't think it was valuable and was unwilling to invest.

But after Wang Yi took action, both Alibaba and Tencent realized the strategic significance of the underlying map data!

Only then began to fight for death.

Later in the afternoon, Jian Ziyan came to Wang Yi:

"Chairman, as you expected, the vice presidents of Tencent and Alibaba have all gone to NavInfo to negotiate investment!"

Wang Yi smiled slightly: "As expected, just wait for their results. Baidu is dead anyway."

Jian Ziyan also wanted to understand the reason, and had another question in her mind:

"Chairman, since the security of the underlying map is so important and we have won AutoNavi, why not continue to invest in NavInfo?"

Wang Yi burst into laughter: "Ziyan, do you think that if we have AutoNavi and invest in NavInfo, then we will directly monopolize the domestic bottom-level map data dealers! In the future, Baidu Maps, Soso Maps, Tiger Maps, etc. will have to be viewed

Our attitude, who we want to live, who we want to die, who we want to die, right?"

"Yes!" Jian Ziyan nodded excitedly.

"That's right!" Wang Yi gave Jian Ziyan a headache:

"Zi Yan, if that's the case, we are suspected of monopolizing the underlying map data. No, it is not suspected of monopoly, but 100% monopoly! Then we will be punished!"

In China, monopoly is a big problem. Regardless of any industry, once it is monopolized, it will definitely be hammered.

Tens of billions of hammers!

If Wang Yi dares to do this, he will definitely be beaten by the village chief!

Of course I won't be stupid.

Wang Yi's business principle is to be top 2 in a field, and there will never be a monopoly.

The money we earn together.

Wang Yizhuo eats meat, while other companies eat vegetables, drink soup and gnaw bones.

You can't be too greedy as a person. Monopoly or something like that is meaningless.

"I see, antitrust is a big problem." Jian Ziyan suddenly realized.

Wang Yi waved his hand: "More than that, even if we want to invest in NavInfo, the other party may not agree, and we can't invest in it."

"What other reasons?" Jian Ziyan was confused.

Wang Yixiao said: "The simplest thing is that for the sake of map security, Amap will definitely be listed on Hong Kong stocks or A-shares when taxi-hailing and food delivery become bigger."

"Both NavInfo and AutoNavi are engaged in the underlying map data business. Once we take a stake, it will be suspected of the transfer of benefits from horizontal competition. On this issue, the China Securities Regulatory Commission will not be able to pass it, and AutoNavi will not even think about being listed!"

"So that's the case. The chairman is thoughtful."

Jian Ziyan nodded repeatedly and benefited a lot.

She didn't even think that much. She only thought about banning Baidu Maps after monopolizing it!

"We can't do monopoly, but we can join forces across borders and tacitly ban Baidu!" Wang Yi said meaningfully.

For example, let Alibaba or Tencent take a stake in NavInfo, and Wang Yi control AutoNavi. This way, if there are strong competitors, it is not a monopoly, and they can also tacitly join forces to block Baidu!

It will not affect the future listing of Amap maps.

Baidu is engaged in social networking and e-commerce, and it also monopolizes 70% of search engines. Alibaba and Tencent have long wanted to kill Baidu.

Regarding Baidu's hatred value, Ali and Penguin are much higher than Wang Yi.

Whenever there is an opportunity to block it, I will never let it go.

After all, the security of the underlying data on the map is too effective and powerful.

It is precisely for the strategic security of the underlying map that Tencent owned Soso Maps and acquired Sogou Map in the previous life. It also invested in NavInfo in 2013 and became the second largest shareholder of NavInfo, ensuring the strategic security of the underlying map data.

Alibaba intercepted Baidu and acquired Amap, which also ensured the strategic security of its underlying map data.

Baidu owns Baidu Maps. After acquiring AutoNavi and being blocked by Alibaba, it had to obtain Class A surveying and mapping qualifications, and began to do surveying and mapping while infringing...

But this time, everything has changed.

If Wang Yi wins Gaode, and one of Alibaba or Penguin wins NavInfo, the remaining two giants will have to drink from the northwest wind.

The future O2O enclosure war will become more interesting.

Wang Yi was full of expectations for this.

No settlement was reached with Xingyi Technology. That night, Baidu's stock price fell again by 7%, and another 14 billion was evaporated.

The market value has dropped all the way to 186 billion.

Vice President Qu Xin sighed: "It's okay. As long as Director Wang is willing to sell AutoNavi tomorrow, we will win AutoNavi and shake hands with Director Wang to make peace. Baidu's market value will rise back!"

Li Yan looked at the cold winter outside the window, but frowned slightly: "It's Christmas Eve tomorrow, right?"

"Yes!" Qu Xin nodded.

"I hope everything gets better and Baidu can have a Christmas Eve tomorrow night!"

Li Yan looked complicated and felt incredible.

I never imagined that a small Xingyi Technology could impress Baidu!

How outrageous!

What he doesn’t even know is that all this has just begun, and the highlight is yet to come!

In fact, many of Baidu's businesses have been disrupted by new small platforms.

For example, the current Meituan is a small Kalami that was just established. Alibaba invested 50 million US dollars, and subsequently convinced Baidu Nuomigan.

As for the food delivery business, capital currently looks down upon it. It took several years since Ele.me was established to raise millions of dollars.

Again, capital giants are also very cautious about new models.

Even group buying, which is currently very popular, would not have attracted such high attention and investment from capital if it had not been for Google’s $6 billion acquisition of a group buying company but was rejected.

In fact, capital, like the public, blindly follows the herd and doesn't know which industry is really promising. Most of them just invest in whatever is hot.

The video platform is popular, so I rush to invest in the video platform.

Group buying is popular, so people flock to group buying.

Later, when the takeout became popular, I rushed to sell it.

When new energy becomes popular, invest in new energy.

When photovoltaics become popular, let’s collectively develop photovoltaics.

There are also future community group buying, 3D printing, carbon neutrality...

It's all a gust of wind, a nest rushes in, the victory or defeat depends on destiny!

Capital is even more blind and reckless than the public...

The current Thousand Regiments War is just a microcosm. Wang Yicai is too lazy to be blind and will only do the opposite and compete in a differentiated manner.

The next afternoon.

Qu Xin came to Xingyi Technology again and found Wang Yi: "Director Wang, what did you think last night?"

Wang Yi sighed: "Sorry, after careful consideration, Gaode still can't sell it!"

"..." The smile on Qu Xin's face stiffened, and he said unwillingly: "Dr. Wang, can you tell me the reason? Is it because the price is not suitable?"

"No, Baidu can pay a premium of 1.5 billion, which is already a very appropriate price."

"Is that because of the previous conflict between Baidu and Xingyi Technology?"

Qu Xin's heart skipped a beat: "Dr. Wang, this is all a misunderstanding, it really is a misunderstanding. All conflicts can be resolved at any time, you believe me!"

Wang Yi waved his hand: "That's not the reason. The reason why AutoNavi does not sell it is purely because of the next business of Xingyi Technology, which is closely related to AutoNavi. We cannot sell it."

"This..." Qu Xin fell silent, believing it in his heart.

AutoNavi acquired 500 million, Baidu offered 500 million, and Xingyi Technology made a net profit of 1.5 billion without selling it. It seems that it is not a matter of money.

"Director Wang will also develop O2O next?" Qu Xin asked curiously.

Wang Yi nodded: "Yes, O2O is so popular, so it's natural to have a layout. After all, we have high moral standards."

"I understand. Thank you, Mr. Wang, for telling me frankly."

Qu Xin said, turned around and left. As soon as he went out, he dialed Li Yan's phone:

"Chairman, Director Wang rejected our acquisition invitation."

"What? The premium is 1.5 billion, and he still refuses?" Li Yan's mouth twitched: "What's the reason?"

Qu Xin sighed: "Director Wang said that they will use Amap to develop O2O and do group buying!"

"Doing group buying?" Li Yan suddenly realized: "So that's it. Group buying is in full swing right now. It's normal for Wang Yi to plan for group buying. But without AutoNavi, our underlying data strategic security will have problems."

"Yes, Chairman, this matter is very serious. I suggest you go to NavInfo immediately. NavInfo is also an underlying map data provider with a market value of tens of billions. It is difficult to acquire. We can buy shares and become a major shareholder!"

"Okay, you go to NavInfo now and get 10% of the shares first, so you can have more say!"

Li Yan said decisively: "As for the matter of Xingyi Technology, since the peace talks cannot be reached, it seems that the fight must continue!"

"Okay, Chairman, I'll go right away!"

Qu Xin was very efficient and went straight to NavInfo's new headquarters.

()
Chapter completed!