Reborn Entrepreneurial Giant.

Chapter 219 Acquisition of Kuxun

Within a few days, Zuckerberg agreed to all Qu Li's requests, requiring him to go to the United States to discuss and sign in detail.

The initial plan to invest in Spansion is between Vision Fund and Xiangjiang Investment. The Vision Fund will initially acquire 2500% of Spansion Semiconductor's shares for US$35 million, join the company's board of directors, and obtain actual control of the company. Then Xiangjiang Investment will act in concert and increase investment together. Preferred shares and convertible bonds.

People often burst out with huge energy when they are in desperate situations, and the efficiency of vistas and zip lines is a bit scary.Although Qu Li does not want to come forward to sign, he must have necessary communication with Feisuo CEO Jesse.In addition, Spansion Semiconductor agreed, but the American father may not agree.

These things were arranged in January 2009. Before going to the United States, Qu Li asked someone to arrange a live video broadcast for Jumei and Glory, which was referred to as a New Year's Eve speech.Huang Zheng, a young genius from Jumei, helped him improve his speech.

Just before the end of 2008, Kuxun, who had persisted until the end of the year, finally agreed to Jumei's acquisition conditions and sold himself to Jumei for US$1500 million. Founders Chen Hua and Zhang Yiming joined Jumei at the same time.

"Welcome to the Jumei team!" Qu Li made arrangements for the Kuxun team in Beijin. In fact, various departments came here to select people. For example, Wang Jian and Zhang Wensong had contacted them early. Juyun Technology needs a large number of outstanding talents. This It doesn't mean that Lin Bing's middle office is not needed.

Middle platform and cloud computing are truly displayed in front of these people. Zhang Yiming did not expect that there are such companies in China. Jumei, like Qu Li, is too alternative and too advanced.

In fact, Qu Li, the designer of Zhongtai, is mainly responsible for the big framework and ideas. Lin Bing, Zhang Wensong and others, plus professors invited from Guangdong Province and Xiangjiang for consultation, after one or two years of practice, until it is truly Landed.For this reason, those who join the middle office department are subject to strict non-competition restrictions.

"The development of our cloud computing is very difficult. We have started small-scale testing internally and will launch public testing after the Spring Festival next year..." Wang Jian rarely kept a low profile after joining Jumei. Even many people in the Yangcheng headquarters did not know about Beijin. What exactly is Juyun Technology doing?

Kuxun's team of more than 200 people now only has about 150 people, most of whom are programmers. The original shareholders have laid off a large number of salespeople and management.After 100 people were poached from various departments of Jumei, 50 people were left to keep the company running. CEO Zhang Haiju, who was arranged by investors, hesitated whether to resign.

"Kuxun is not in my plan in the short term, so achieving breakeven is the top priority, but within three to five years, Jumei will definitely increase its investment in Kuxun..." Qu Li and Zhang Haiju exchanged their thoughts.

Kuxun will focus on hotel accommodation and air travel. Currently, the well-performing Soufun, automobile and other categories are within the scope of being shut down.

"We focus on accommodation and transportation. For example, accommodation can be a hotel, a vacation home, or a private house or a B&B; travel can be a train or plane ticket, a bus ticket, a car rental, a taxi..."

"Hotels and holiday homes are easy to understand, but how do you understand private houses and B&Bs?" Zhang Haiju communicated with Qu Li, but Chen Hua and Zhang Yiming were worried about the company staying to observe.

"Can hotels meet all accommodation needs? Some scenic spots, remote suburbs, and economically underdeveloped areas have no conditions or are temporarily unsuitable for hotels to survive. So can local residents free up their houses and rent them to consumers with short-term needs? .”

"It's a market segmentation. There are more Chinese people but less housing..."

"It cannot be such a simple analysis. Let's first look at whether there is demand, such as self-driving tours, travel enthusiasts, outdoor adventure enthusiasts...

It's a pity that we are in China. The United States has a vast territory and a sparse population. It should be suitable. If you can make a little money, would any of those programmers who have left Internet companies and achieved financial freedom and started enjoying life be willing to rent or build a house near Erhai Lake in Cangshan Mountain? The building has ethnic characteristics, a few houses are rented out, and no other services are provided..."

"This is good!" Zhang Yiming said with the same shoes

"And with the popularity of smartphones, it's easy to snap a few photos..."

"This is equivalent to us expanding the housing information. It can indeed be tried. As for travel, how to rent a car and take a taxi?"

"It's easy to rent a car, but it's a little difficult to take a taxi. It's not possible now. To popularize it, you still have to rely on smartphones and use location-based services (LBS). Let's imagine that consumers and taxi drivers have installed our application and took out their smartphones. Click to send a taxi request, and our acquired recognition will assign it to nearby drivers according to certain logic. This can effectively reduce the time for consumers to wait and for drivers to drive empty. "

No matter how bad Didi is, taxi-hailing service is really a pioneering work. It breaks the local monopoly and effectively improves the efficiency of taxi-hailing. It also promotes demand, increases employment and relieves the pressure on public transportation in first-tier cities.

"What you said is too difficult to achieve now. It not only requires money, but also..." Zhang Haiju did not agree directly, thinking about the gains and losses.

"That's why I said it would take three to five years to prepare. If Jumei goes bankrupt, everything will stop. If it can grow and have enough capacity, it will naturally expand its business scope."

"Then how much support can Kuxun get in the past three to five years?"

"It depends on your ability. If you wait for death, it is not impossible to shut down. But the increase in user demand and income allows us to see your ability. Without affecting Jumei, we can invest up to [-] million software a year." Sister coins.”

"With so much money, can I stay in Kuxun?" Chen Hua joked

"It's not easy to get it. Users and revenue must grow by at least 100%. It's better to just lie flat. Maybe we can maintain income despite droughts and floods." How can it be so easy to get money? Qu Li is just bragging now. Kuxun only provides Search for price comparison services, but what he wants is Xicheng Travel, Fliggy Travel, Meituan Hotel, and B&B apartments.

As for Didi beating people up, forget it. Before information security issues arose, Didi was just like takeout, serving hundreds of millions of people and giving hundreds of people a decent chance to survive, but it still had to be criticized by thousands of people. What he hates is really unnecessary for Qu Li.If he were reborn a few years later, he would definitely choose to buy takeout in a group, as the entry barrier is low and the opportunity is high.

"So what is Kuxun going to do now?"

"Strengthen the search service and traffic advantages, learn from Taobao to establish a similar e-commerce platform, and then increase the proportion of self-operation and agency..." It is still back to the Fliggy model. With the credit and financial support provided by Jumei, it can be developed at a low cost.

Zhang Haiju finally chose to stay, and Kuxun, which was reduced to one-third in size, slowly recruited people and became the first subsidiary to use Juyun Technology's cloud services.