Reborn in 2011, 985 missing from two copies

Hearing this, the executives of Sogou Maps were in a good mood.

Wang Dachuan was even more frightened: "Chairman, after the acquisition, won't you change Sogou's products to the name of Xingyi Technology?"

He thought that Wang Yi would immediately change Sogou search to Xingyi search, Sogou browser to Xingyi browser, Sogou input method to Xingyi input method...

Unexpectedly, Wang Yi actually kept the Sogou brand!

The reason is simple. As a parent company, Xingyi Technology, just like Huawei, is too involved, and Wang Yi does not plan to go public.

But Xingyi Technology’s subsidiaries can be spun off and listed!

For example, the subsidiary Sogou is one of the best choices for listing!

First, Sogou has become a household name and its brand is well-known.

Secondly, Sogou input method’s market share exceeds 79%. It has users and traffic!

Thirdly, Sogou browser and search engine have core technologies and are developing!

If Sogou Browser, Sogou Input Method, and Sogou Search Engine are all vacated and given to Xingyi Technology, Sogou will become an empty shelf, and there will be no talk of listing.

But it is not impossible to leave all these businesses to Sogou and make it bigger and stronger. Sogou will go public in a few years, and coupled with the concept of AI, it is not impossible to build a giant worth hundreds of billions, or even a giant worth hundreds of billions!

There is no way, search engines are too expensive and difficult to make money!

Only when Baidu's search engine market share exceeds 76% can it earn a lot of money through bidding rankings and advertising.

However, Sogou's search engine market share is too low, and its bidding ranking and advertising revenue are only a fraction of Baidu's, making it difficult to make a profit in a short period of time.

Sogou Maps, on the other hand, focuses on basic services and is a big money burner. It doesn’t even think about making a profit.

Unless Sogou Maps becomes bigger and stronger in a few years, adopts the Amap model, and launches peripheral services such as taxi hailing and group buying, will it be able to achieve monetization!

The only promising input method currently, Sogou input method, is still free, and there is not much profit. Anyone who dares to charge will be uninstalled in minutes!

But Wang Yi is a businessman, and he acquired Sogou to make money.

These businesses are not profitable, and they will not even make money within five years. So what should we do?

All because of Wang Yi’s hundreds of millions of milk every year? Keep burning money?

This is not realistic.

The only solution is to let Sogou go public!

Go public in the United States and collect money from the United States!

Use the money from Empire investors to develop search engines and AI!

Backed by Xingyi Technology’s resources and user scale, Sogou has a bright future.

Once listed, it will no longer be a big money burner, but will become the darling of capital!

By then, Xingyi Technology will not only be able to quickly grow bigger and stronger through basic services such as Sogou search engine and browser, and its profits will increase dramatically, but it will also be able to make money in the stock market!

But if all Sogou systems are changed to the Xingyi Technology brand, it will be difficult unless the parent company goes public.

The situation in the future will be complicated. It may not be good after the parent company goes public. Once it is sanctioned, everything will collapse.

It would be safer to spin off the business and let Sogou and other subsidiaries go public.

And if they all change to the Xingyi brand, the road will be narrowed.

In the future, users of other brands will think that these applications are exclusive to Xingyi phones, and other users will boycott them.

For example, if the Sogou input method is changed to the Xingyi input method, I am afraid that many Apple users and Samsung users will uninstall it directly!

The 79% market share has been reduced by less than half, which is not worth the loss.

In the future, Xingyi Technology's development model will be a subsidiary company and a multi-brand strategy.

The parent company is not listed, but a subsidiary like Sogou, which burns money and can make money, is split and listed!

Sogou input method, Sogou browser, and Sogou search engine will continue to be retained!

Wang Yi smiled slightly: "Don't worry, Xingyi Technology will not cancel Sogou's organization and brand. It is natural for Sogou brand to operate independently in the future."

"Thank you, Director Wang!" Everyone was excited.

Wang Dachuan was even more happy.

Sogou is his hard work, and it is not easy to be able to do it today.

Maybe Sogou’s search is mediocre, but Sogou Input Method’s market share exceeds 79%, which is already very successful.

If it were changed to Xingyi input method, he would definitely feel uncomfortable.

Wang Yi patted Wang Dachuan on the shoulder: "Sogou will always exist in the future, become bigger and stronger, and be successfully listed!"

"Thank you, Director Wang!" Wang Dachuan looked complicated.

They say capital is ruthless, but Wang Yi is willing to keep the Sogou brand. He feels that his value is recognized and respected by Wang Yi!

Wang Yi changed the topic: "But if Sogou wants to go public in the United States in the future, it must spin off its map business!"

"Why?" Several subordinates looked confused.

Wang Yi's expression became serious, and his tone became more unquestionable:

"The future is the era of high-precision maps. If Sogou Maps wants to monetize, it will definitely have to launch taxi-hailing and other services in the future, which involves the privacy and data security issues of hundreds of millions of users. If it wants to go public in the United States, these core data must be submitted to The empire’s review involves the security of the village’s data, so that’s a huge crime!”

Everyone's expressions changed, and they immediately sensed a big problem inside.

Wang Dachuan nodded even more: "Director Wang is very considerate. With the map business, Sogou cannot go public in the United States. There are some things that cannot be touched."

The vice president suddenly realized: "If the empire is not good, we can go public in Hong Kong, and the risk will be small."

Wang Yi waved his hand: "The capitalization of Hong Kong stocks is much smaller than that of U.S. stocks. If Sogou wants the highest market value and makes the most money, it is more appropriate to go public on U.S. stocks!

"So the best solution is to separate Sogou map business and operate it separately. The remaining Sogou input method + Sogou browser + Sogou search engine are still the Sogou brand. As a subsidiary of Xingyi Technology, they will go to the United States separately. Listed!”

"I see."

"So much the better!"

Everyone nodded in admiration.

I never expected that Wang Yi was so thoughtful and thought of all this.

None of them expected it.

Data security is paramount!

Wang Yi can’t make the same mistake as Didi’s mistakes.

Moreover, Wang Yidu suspected that Maps + Taxi Hailing would involve data security issues and could only be launched in the mainland, or not at all.

After all, Amap was acquired by Alibaba and delisted before launching Amap Taxi.

Sogou Maps was also acquired by Goose Factory, delisted along with Sogou, and finally merged into Tencent Maps.

Wang Yi made the final decision: "Then it's settled. As a subsidiary, Sogou will maintain an independent brand, operate independently, and strive to go public."

"And Sogou Maps will be split off and become a new subsidiary, with a nicer name and operate independently!"

Everyone nodded and had no objection at all.

Wang Dachuan sighed: "The name of Sogou Map is really unpleasant! Some users have reported this problem. Users who didn't understand it at first thought that Sogou Map was just for finding dogs!"

"Yes, Sogou Map needs to change its name to a nicer name, otherwise it will easily cause unnecessary trouble."

Wang Yi smiled: "The simplest thing is that if Sogou Maps wants to become bigger and stronger, it will cost billions in the next few years. If you want to realize profits, you must launch services such as Sogou Taxi. Users are joking, let's run fast The dog... wouldn’t the driver be embarrassed?”