Baidu's most urgent need right now is to take over Wangwa.com and then add mp3 search based on Baidu search. However, if it fails to take over Wangwa.com, it will be too time-consuming and laborious to do mp3 search on its own. After all, most of the users who search for mp3 auditions and downloads online are concentrated on Wangwa.com, and Wangwa.com is particularly good at meeting users' vertical needs. Once users have the need to listen to songs and download them, they will open it directly and will not click on Baidu at all.

Although Baidu later occupied a large share of the domestic search market, they did not do well in some vertical fields. For example, in online shopping, when a user wants to buy clothes, he will subconsciously open Taobao and search for clothes directly on Taobao, and rarely use Baidu to search. This is because Taobao has already penetrated into users in online shopping, and Baidu is not competitive.

The same is true for music now. Even if Baidu Search has its own mp3 search, it will be difficult for them to catch up because Zhou Hao started earlier. The only way is to integrate with Wangwa.com.

The purpose of Luo Chenyi's visit today was to persuade Zhou Hao and use various conditions to lure Zhou Hao to sell his shares in Wangwa.com. However, he did not expect that Zhou Hao's nose was sharper than a dog's. As soon as Baidu smelled the rising trend of the MP3 market, Zhou Hao had already done the industry analysis and competitive product analysis.

Helpless, Luo Chenyi could only grit his teeth and try to persuade Zhou Hao: "You can only keep Wangwa.com now, and it is difficult to cash it out. But if you sell it to Baidu, you can immediately cash out tens of millions or even hundreds of millions. This is a real benefit."

Zhou Hao said, "Lao Luo, where did you hear that? Who told you that I can only support Wangwa.com? To tell you the truth, I am not only not going to give up Wangwa.com, I am also going to make some big moves while the industry is booming."

As he spoke, Zhou Hao took out the Lychee MP3 prototype from his pocket, which he brought specially when he came to see Luo Chenyi today.

Zhou Hao handed Lycheemp3 to Luo Chenyi, "Take a look at this."

Luo Chenyi took the LycheeMP3 and asked in surprise: "Is this an MP3?"

Zhou Hao nodded.

Luo Chenyi asked in confusion: "Why are you showing this to me?"

Zhou Hao smiled and said, "Look at the back."

Luo Chenyi curiously turned over lycheemp3, and after taking a closer look at the line of words on the back, he almost vomited blood.

"NetFrog.com custom machine?"

Luo Chenyi stared at Zhou Hao in amazement: "You want to enter the hardware industry?"

Zhou Hao smiled slightly and said, "No, I just want to take advantage of the rising MP3 market and the great increase in MP3 sales to get involved and increase the popularity of Wangwa.com.

Luo Chenyi was horrified and couldn't help but say, "I really can't see through you. You customized this MP3 player so you don't plan to sell it yourself, do you?"

Zhou Hao said noncommittally: "Yes, you know that hardware has a huge influence."

Luo Chenyi looked at the MP3 player in his hand carefully and said in surprise: "This MP3 player is very beautiful, better looking than any other on the market. Lychee, what brand is it?"

Zhou Hao smiled slightly and said indifferently, "Mine."

"What?" Luo Chenyi's eyes almost popped out: "This brand is yours? What's going on? You have your own hardware brand now?"

Zhou Hao didn't want to reveal his hardware layout, so he waved his hand and said, "This is for Wangwa.com. I have already ordered 3 units of this MP player from the OEM factory. We will start selling it next month. By then, Wangwa.com's popularity will rise to a higher level."

Luo Chenyi looked at Zhou Hao and didn't react for a long time. After a long time, he sighed and said, "Mr. Zhou, when will you make a search engine?"

Zhou Hao rolled his eyes: "What's wrong?"

Luo Chenyi said with a sad face: "Now, except for the search engine, you have almost dabbled in everything else. You should at least leave us some room for survival!"

Zhou Hao said: "Don't worry, I'm not interested in search engines."

Luo Chenyi asked: "What about MP3s? Are you really going to devote all your energy to this thankless task? You also know that searching, listening to, and downloading MP3s are basically not profitable..."

Zhou Hao smiled and said: "I am not short of money at the moment, and some projects do not require profits, so I will just keep them for now."

Luo Chenyi was anxious. "We have been cooperating for so long, you should at least give us a chance. MP3 is too important to us now. If you are not satisfied with my offer, we can still talk about it. I will definitely satisfy you."

Zhou Hao said, "Lao Luo, it's not appropriate to always reject you. Let me make a suggestion. The customized MP3 players of Wangwa.com will arrive next month. At that time, we will re-evaluate the price of Wangwa.com based on the sales of this batch of customized players. But I don't want you to pay. You can exchange Baidu shares with me."

Luo Chenyi hurriedly asked Zhou Hao: "If Baidu wants to exchange all your Wangwa.com shares for shares, would you be willing?"

"Yes, absolutely." Zhou Hao said with a smile: "As long as you give me a satisfactory answer, I will definitely not refuse."

Luo Chenyi immediately said: "Then I will discuss it with Mr. Li tonight and ask him to give you a replacement plan as soon as possible."

Zhou Hao said, "Don't worry, wait until my customized MP3 goes online, then you can give me a plan."

Seeing Zhou Hao's calculating look, Luo Chenyi nodded and said, "What channels are you going to use to sell this batch of MP3s? Hardware sales are the most challenging for sales channels."

Zhou Hao saw Luo Chenyi's doubts, nodded and said, "We found a new sales channel."

Luo Chenyi continued: "New channels? Are they competitive compared to those old brands with well-established channels?"

Zhou Hao smiled mysteriously: "Whether it can succeed or not is still uncertain at the moment, we can only wait and see."

Zhou Hao could roughly guess the current situation of Baidu. With the increasing number of Internet users and their deeper understanding of the Internet, search engines have become an indispensable part of most users' Internet access. Baidu's current trend must be becoming clearer and clearer, but for them, it is clear, but it is not a breakthrough yet. If they can integrate Wangwa.com's MP3 business into it now, the impact on Baidu will be too great.

Zhou Hao originally did not want to sell his shares in Wangwa.com too early, because he had previously considered selling them to Baidu bit by bit and exchanging the shares for money. So it would take three years to cash out bit by bit, so that he could sell the shares in his hands at a good price overall. But if Baidu was willing to exchange shares, why not?

The future of Wangwa.com is inherently flawed, and its development prospects are incomparable to those of Baidu. However, while Baidu is not that strong now, and while Baidu's demand for Wangwa.com has reached the point of being hungry, it is better to exchange Wangwa.com for Baidu shares as soon as possible. Not only will you not have to worry about Wangwa.com, you will also become a shareholder of Baidu. When Baidu is listed on NASDAQ in the future, this will be another huge fortune.

How many shares of Baidu Wangwa.com can be exchanged for, or how many shares Baidu is willing to exchange for Wangwa.com, all depends on how high Wangwa.com can reach next. If Lycheemp3 customized by Wangwa.com achieves great success, the value of Wangwa.com will be even higher. Zhou Hao estimates that he will have to exchange 66.2% of Wangwa.com shares for at least 6.6% of Baidu's shares. Now Baidu's valuation is not high, and this exchange ratio should be more appropriate. If Baidu's demand for Wangwa.com becomes more urgent at that time, it is estimated that it will be willing to give out more.

……

In a four-star hotel in Zhongguancun, Beijing, Xu Bin, former deputy director of Tencent's QQ business unit, had just finished a meeting with Sina and dragged his tired body back to the hotel. Xu Bin began to tell the former Tencent employees in the group about today's negotiations.

"Sina has already developed a 1.0 product, but because of the emergence of Haobo Technology APP, they decided to develop version 2.0 and launch it online. So we came here and merged with their development team to develop a new version together."

Everyone has guessed that Sina's current instant messaging situation must have been affected by pp, so they have to form a large team to redevelop it. What everyone is most concerned about now is what kind of salary they can get, so they are asking in the group.

Xu Bin said: "As for the salary, Sina is willing to give a coefficient of 1.3. If you can provide accurate bank statements for the past six months and estimate your actual salary after tax, you can get 1.3 times the salary after tax after joining Sina."

As soon as this salary was announced, it immediately caused a sensation in the group.

Everyone is having a hard time right now, so they would be willing to get 1.3% of the previous salary, let alone 80 times the previous salary. So this treatment almost instantly captured the hearts of a large number of people. When they knew about this treatment, they couldn't wait to fly to Beijing.

Xu Bin added: "I also negotiated with Sina for a resettlement allowance. After everyone signs the contract, they will receive a resettlement allowance of one month's salary, which will be used for travel expenses and renting an apartment from Shenzhen to Beijing."

The group immediately exploded. For many people, this was simply a journey from hell to heaven. A large number of people in the group were very excited and asked when they would sign a contract with Sina.

Some people who were a little more rational thought of Haobo Technology and asked Xu Bin: "Mr. Xu, have you talked to Haobo Technology? What kind of treatment can they give?"

Xu Bin said: "I have an appointment with them to meet tomorrow afternoon. We will discuss the details then."

At this time, Xu Bin no longer wanted to go to Muhaobo Technology to negotiate, because he had already negotiated a very considerable signing fee with the senior management of Sina. As long as he signed with Sina, he could get a signing fee of 300,000 yuan. If he brought a team of more than 80 people to sign the contract, he could get a signing fee of 500,000 yuan.

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