Luo Chenyi was in mixed feelings as he was about to see Zhou Hao again. The current valuation of Haobo Technology had far exceeded that of Baidu. In his eyes, Zhou Hao was just a personal webmaster at the beginning, but he was surprised to think that he had achieved such success in Haobo Technology in such a short time.

Luo Chenyi didn't understand and couldn't figure it out. Haobo Technology under Zhou Hao's control was like a cheat. Haobo Technology had been moving forward step by step from the beginning to now, and every step had shocked the entire industry. He was not even twenty years old this year, and no one knew how much room for development Haobo Technology would have in the future.

What hurt Luo Chenyi the most was that Baidu withdrew from Haobo Technology and exchanged its shares in Haobo Technology for 20% of Wangwa.com's shares. Looking back now, it was simply exchanging watermelons for sesame seeds, and the loss was too huge.

Now, Luo Chenyi was ordered by President Li to talk to Zhou Hao about the shares of Wangwa.com. The golden age of mp3 search is about to begin. If Baidu cannot integrate Wangwa.com into it, it will miss this excellent opportunity. With the current influence of Wangwa.com, Baidu can no longer do mp3 search directly without it. If Baidu does this, Zhou Hao will definitely go against Baidu, which will not be worth the loss.

For Baidu, the best way is to acquire more shares of Wangwa.com from Zhou Hao, achieve absolute controlling stake as soon as possible, and then directly integrate Wangwa.com into the company.

The two agreed to meet at seven in the afternoon. Zhou Hao was a few minutes late. When he arrived at the restaurant, Luo Chenyi had been waiting for half an hour.

As soon as they met, Zhou Hao apologized to Luo Chenyi: "I'm sorry, Mr. Luo, I was delayed on the way."

Luo Chenyi smiled slightly, pushed up his glasses and said, "You are a very busy man now. I will be very satisfied if you have time to see me."

Zhou Hao sat down opposite Luo Chenyi and said with a smile: "It's been a while since we last met."

Luo Chenyi nodded: "Yes, we have been very busy recently. We have just developed a search plug-in for IE. In the future, users can directly enter keywords to search in IE."

Zhou Hao smiled and said, "Your business is developing very actively now. Do you have any other new directions?"

Luo Chenyi smiled and said, "No matter how active we are, we can't compare to Haobo Technology. Your recent actions are too frequent. You even killed QQ. I think next year, Haobo Technology will be the largest Internet company in China. By then, your net worth will definitely be on the rich list."

Zhou Hao said: "That's all fake and can't be cashed out."

Luo Chenyi said: "Who said you can't cash out? The capital market has given you a valuation of 6 billion. You can get some cash immediately as long as you nod your head."

Zhou Hao smiled and said, "Forget it. I don't have any intention of cashing out now. After all, I have enough money on hand, so why bother raising funds to cash out?"

Luo Chenyi asked curiously: "Are you planning not to raise funds before going public?"

Zhou Hao nodded: "As long as Haobo Technology's cash flow is positive, I don't need to raise funds. PP will immediately accept commercial advertising, and revenue will increase. The cash flow is sufficient."

Luo Chenyi sighed, "I really envy you. Even Mr. Li often sighs that we, a bunch of Internet people who came back from overseas, think we understand the Internet best in China, but no one can compare with you. There are so many Internet companies in China now, but only a few have truly found a business model. You are one of them. Your income is so stable, which is also the main reason why capital is chasing after Haobo Technology."

Zhou Hao said: "You can't just look at the revenue of the app without looking at the cost of the app. We now have a team of several hundred people, and the labor cost and office cost are very high. The server bandwidth cost is also extremely high."

At this point, Zhou Hao couldn't help but ask: "By the way, Mr. Luo, you should know a lot of senior talents in data processing. Can you introduce some to me and help me set up a few IDCs (Internet Data Centers)?"

Luo Chenyi said: "You are planning to build a large data center?"

Zhou Hao nodded: "I have had this idea for a long time, but I don't have the talent in this area. Our energy in the past period of time has been on competing with Tengxun. Now is the time to prepare for a rainy day."

In the future, large Internet companies will cooperate with operators to build their own data centers, which will not only reduce costs but also provide better server and network support for their products. Zhou Hao also wants to provide Haobo Technology with powerful server support, so this area has been put on the agenda.

Luo Chenyi said: "Then I can introduce you to some senior engineers in the industry, give you some advice, and even help you solve some problems."

Zhou Hao smiled and said, "Thank you very much. I will treat you to a meal after the matter is completed."

Luo Chenyi waved his hand: "With our relationship, do we need to be polite about such a small matter?"

As he spoke, Luo Chenyi also began to get to the point and said to Zhou Hao: "Actually, I asked you to meet today because I want to discuss something with you."

"You said."

Luo Chenyi said, "It's like this. We are deeply inspired by Haobo Technology. We want to develop dependent products with Baidu search as the core. We are interested in MP3 search. Mr. Li said that you promised him before that you would leave Wangwa.com and transfer all the shares to Baidu within three years. So he wanted me to ask you if we can do a round of equity acquisition first?"

Zhou Hao asked with a smile: "How much does Mr. Li want to buy?"

Luo Chenyi said: "Mr. Li's intention is to give Wangwa.com a valuation of 5 million yuan, and we will purchase 30% of the shares from you and another shareholder in cash."

Zhou Hao nodded. The offer of 3 million was not low. After all, it was still difficult to find a profitable model in the field of MP search, trial listening and downloading. They could only do the simplest traffic advertising. With the current traffic of Wangwa.com, the potential of advertising revenue was about one or two million per month. Even if there was room for growth, on average, it was not worth million.

If it were sold to other companies, it would probably be worth only 3 or 3 million yuan, but Zhou Hao would definitely not sell it at this price. If the price was higher, other companies might not buy it either. But it is different for Baidu. Their core business is search, and the demand for mp searches is increasing. However, Wangwa.com controls most of the traffic and users. If Baidu wants to improve its search services, it must take over mp, a huge source of traffic.

Zhou Hao asked Luo Chenyi: "If you control Wangwa.com, do you want to use Wangwa.com to do Baidu's MP3 search?"

Luo Chenyi knew that he couldn't hide it from Zhou Hao, so he nodded frankly: "We also need new business to improve user stickiness."

Zhou Hao smiled and said, "Lao Luo, we have a good relationship, but personal matters are personal matters and official matters are official matters. If Baidu has this idea, then I want to make it clear in advance. Even if I agree to transfer 30% of the shares to Baidu, the most I can do is let Baidu open a special entrance to Wangwa.com, and I will not let Wangwa.com divert traffic to Baidu in return."

Zhou Hao understood what Baidu was planning. Baidu wanted to integrate Wangwa.com into Baidu search, and they would definitely focus on their own mp3 search. So if they gave Wangwa.com to them, they would not think about how to make Wangwa.com better, but would only think about how to direct Wangwa.com's users to their own mp3 search.

Luo Chenyi heard Zhou Hao's absolute words and said with an awkward smile: "Zhou Hao, to be honest, if Wangwa.com can't divert traffic to our products, then Wangwa.com is meaningless to us."

Zhou Hao said, "How can it be meaningless? At least you have 30% of Wangwa.com's shares. Even if you can't integrate Wangwa.com into Baidu Search, it is still one of your Baidu's assets. You invested 30 million in the beginning, and now % of Wangwa.com's shares are worth at least million. It hasn't even been a year yet, and you've made a fortune."

Luo Chenyi said angrily: "If you hadn't kicked us off the bus halfway, our original five million would be worth at least five hundred million now!"

Zhou Hao snorted and laughed: "Lao Luo, you often get shaken off by the banker when you open an account with 10,000 yuan to trade stocks, let alone investing millions of yuan in a company? If you get shaken off by the banker, you can only blame yourself for not being firm in your will. Can you blame the banker for being dishonest?"

Luo Chenyi smiled bitterly and said, "You are right. We are not determined. But to be honest, Wangwa.com is of little use to you now. But it is different for us. If you give Wangwa.com to Baidu now, Baidu will definitely give you greater returns in terms of resources in the future."

Zhou Hao said, "Lao Luo, who told you that Wangwa.com is not important to me? To tell you the truth, I just did an analysis of the MP3 trial download market some time ago, and also did an analysis of competing products in the same industry. Now the demand for digital music among netizens is constantly increasing, and it will soon become the category with the highest proportion of Internet users' searches. How can I give Wangwa.com to you under such circumstances?"

Luo Chenyi looked at Zhou Hao in surprise and asked subconsciously: "Do you still have the energy to study the digital music market?"

Luo Chenyi didn't expect Zhou Hao to be so familiar with the current development of mp3. Baidu's internal data showed that more than 3% of Baidu users' daily searches are related to mp3, and this proportion is constantly rising, so mp3 has become the highest search category for users. Users' searches in other areas are all-encompassing, but no single category can be compared with mp now.

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