Reborn in 2011, 985 missing from two copies

Baidu Maps, which has 1700 million users, can be sold for million.

But Baidu Maps with 700 million users can only sell for to million!

"Mr. Qu, think about it carefully."

"Thank you, Mr. Ye, for your honesty."

Qu Xin left Tencent with a sullen face. The wind outside was very cold, and his heart was even colder.

Join forces with Xingyi Technology to block Baidu Maps, kill Baidu Maps, and annex Baidu Maps!

This is Tencent’s plan!

There is no possibility of peace talks or authorization of Baidu’s underlying map!

There is no point in talking about it again.

A lion never wants to be friends with an injured tiger, let alone help the tiger heal its injuries, or even let the tiger go. On the contrary, it just wants to eat the tiger!

The same is true for the current relationship between Tencent and Baidu Maps.

As for bypassing Tencent and investing in NavInfo... this is unrealistic.

Currently, NavInfo's largest shareholder is Siwei Group, holding 12.58% of the shares.

Tencent holds 10% of the shares and is the second largest shareholder.

There are still more than 40% of the shares in the circulation market, and the remaining major shareholders only have a few points.

Why did Tencent only buy 10% of the shares?

It is because Siwei Group, the largest shareholder of NavInfo, holds 12.58% of the shares.

If Tencent buys more and directly becomes the largest shareholder, Siwei Group will not agree at all.

Therefore, Tencent was only given 10% of the shares, but priority was agreed upon.

Even if they sell stocks and raise funds again, they must first ask Tencent. Baidu has no chance at all.

And although Tencent is the second largest shareholder, it has absolute say.

The simplest thing is, once there is a conflict between Tencent and Siwei Group, will those small shareholders support the giant Tencent or Siwei Group?

It must be Tencent, everyone knows how to hold on to others.

What’s more, the current Internet, like that of later generations, is divided into factions.

In the past life, there were four major Internet factions: Baidu, Tencent, Alibaba, and Toutiao (ByteDance).

Toutiao will not be established until March next year.

Therefore, there are currently three major factions, Baidu, Tencent, and Alibaba.

NavInfo has newly introduced Tencent Capital and fully joined the Tencent family, which has many benefits.

At the very least, all Tencent-based companies will use NavInfo’s new underlying maps in the future.

With the support of Tencent, NavInfo can develop better and will not offend Tencent for the sake of Baidu.

Back at the hotel, Qu Xin immediately called Li Yan: "Chairman, the conversation is over."

"What's the result?" Li Yan became nervous. He was lying if he said he didn't expect it, but he also knew that there was a high probability that it would not get better.

"The result was not good. Tencent refused to authorize and proposed to acquire Baidu's map business for 7 million!"

Li Yan's mouth twitched: "..."

Feeling insulted!

Deeply insulting!

"What a good Chairman Ma, he just doesn't give authorization and threatens to annex Baidu Maps! Arrogant, really arrogant!"

Similar to Qu Xin's reaction, Li Yan was furious: "If you don't sell it, you can't sell it!"

Qu Xin sighed: "Chairman, there is no way. Without the underlying map data, Baidu Map is just an empty shelf and cannot be used at all. Now Baidu Map has lost 300 million users. If this continues, there will be fewer users and it will be worthless. Still It’s better to take advantage of the current number of users and sell it at a high price. With this money, we can also develop other businesses!”

"This..." Li Yan was silent.

But he had to admit that Qu Xin was right.

Stopping losses in time is also a great wisdom.

Besides, 7 million is not a small amount of money!

Instead of waiting for Baidu Map users to disappear and become worthless, it is better to sell it now and exchange it for money!

With this money, Baidu can integrate resources to develop other businesses!

Even Baidu would not take 700 million and take it seriously.

Baidu's net profit in 2011 was only 66 billion yuan, which was more than one-tenth of 7 million yuan!

Qu Xin continued to persuade: "Chairman, it's okay to sell the Baidu map business to cash out now. Our technology is still there. Once we start building our own underlying map, we can make a new Baidu map at any time!"

"Okay, Baidu Maps can be sold." Li Yan breathed a sigh of relief: "But it cannot be sold to Tencent! This is the bottom line!"

"This..." Qu Xin was silent for a long time and said: "Chairman, Baidu Maps is not sold to Tencent, and no other customers have bought it."

The current Baidu Map is only an upper-layer application. If you buy Baidu Map, you still need the underlying map data.

As for the underlying map data, it still depends on Amap and NavInfo, that is, Xingyi Technology and Tencent have the final say!

However, Xingyi Technology has a more perfect Amap navigation than Baidu, and there is no need for Baidu Maps at all.

Currently, only Tencent can acquire Baidu Maps!

Nothing more!

It can be said that Baidu has no choice.

Moreover, Tencent’s investment in NavInfo has underlying map data, but Tencent’s upper-layer map application soso is not powerful. It still lacks users and high-quality upper-layer applications!

And these are all available on Baidu Maps!

It can be said that Baidu Maps can only sell itself to Tencent at the moment.

And Tencent also needs users and upper-level applications of Baidu Maps to compete with Amap!

Li Yan thought about this clearly, took a deep breath, and closed his eyes:

"You can sell it, but there are two conditions. First, 7 million is not enough, we need 10 billion."

"Second, after annexing Baidu Maps, Tencent Maps must give Baidu a permanent license so that Baidu can also develop O2O and other businesses!"

Qu Xin's eyes lit up: "Wonderful, in this way, we can use Tencent Maps to do O2O, and even develop AI driverless cars. At the same time, we will acquire companies with Class A surveying and mapping qualifications, lay out our own underlying map business, and wait for Baidu's underlying After the map is made, a new Baidu map will be launched to completely replace Tencent map!”

"Yes, that's the strategy." The corners of Li Yan's mouth rose: "Penguin is trying to steal the money from the bottom of the cauldron and take advantage of it, so I will build the plank road openly and infiltrate the warehouse secretly!"

Both sides have revealed their cards, and they are mainly engaged in a conspiracy!

"Chairman Yingming, I will go to Tencent to have another discussion!"

With that said, Qu Xin came to Tencent headquarters again.

Seeing Qu Xin leave and come back, Ye Yu was in a good mood: "Mr. Qu, have you changed your mind?"

Qu Xin sighed: "I just discussed with Director Li. In principle, Baidu Maps can be sold to Tencent, but it will cost one billion, and Baidu must be licensed permanently. Of course, Baidu will pay the licensing fee!"

"This..." Ye Yu was silent, the other party's conditions were too high.

One billion is not a big problem, it is still in Chairman Ma’s plan.

But permanent authorization is a bit overwhelming.

"What? Tencent can't even agree to such a simple condition?" Qu Xin asked coldly.

"No, I can fight for the funding issue. But for the permanent authorization, I..."

Seeing Ye Yu's tangled look, Qu Xin snorted coldly:

"This is Director Li's bottom line and Baidu's bottom line. If you can accept it, then sell it. With Baidu Maps and the integration of SOSO and NavInfo's new underlying maps, Tencent Maps has a bright future. If you can't accept it, forget it. Baidu is considering selling to Xingyi Technology. Xingyi Technology has already acquired AutoNavi. Once it acquires Baidu, it will completely monopolize the navigation market!”