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Chapter 1125 Opening

Now Chen Tianqiao understands a little why Chen Chu likes to value young people, rather than those mature and persistent professional managers. Those professional managers are indeed more experienced, but they basically don’t have to rely on them to expand their territory in the Internet industry like Du Jianzhao and Wang Yan.

"Shanda is willing to support Meituan. What is the need? Shanda Innovation Institute is willing to support it," Chen Tianqiao said to Wang Sheng. Whether it is optimistic about Meituan's local group buying business or not, Chen Tianqiao will express his support. "Shanda is also waiting for Meituan's service in Shanghai!"

Hearing Chen Tianqiao's words, Wang Yan laughed. Shanghai is the most developed city in China and one of the most ideal consumer cities to carry out group buying services. Meituan must enter Shanghai. With the support of Shanda, the local snake, Meituan will naturally be less pressure to enter Shanghai.

Listening to Wang Yan's words, Meituan will be established in the near future. At that time, it will first enter the catering industry. After gaining a foothold in the catering industry, it will enter scenic spots, cinemas, flowers, leisure and entertainment and other local services.

However, unlike Meituan's development in third- and fourth-tier cities in the previous life and entering first-tier cities, Wang Ying does not consider that at all and is planning to push it over directly with a large amount of funds. It is the tactic of the center blossoming, first occupying key cities such as Yanjing, Shanghai, and Pengcheng, and then developing into other cities!

"If mobile Internet and mobile phone technology can really meet what Brother Chen expected in the next few years, then the demand for local group buying communities will explode, which is the best opportunity for Meituan!" Wang Rong said with a quick look.

Previously, at the year-end meeting of Chuke Technology, Chen Chu proposed that all industries of Chuke Technology will transition to the mobile Internet, and the future will belong to the mobile Internet era, but not everyone can listen to Chen Chu's words.

Even Chuke Technology has developed mobile products for all its businesses, but the focus is still on the PC market. Wang Yan is now really looking forward to what Chen Chu said. All of what Chen Chu said can be realized. Once what Chen Chu said really appears, a mobile phone is a miniaturized personal computer terminal, which integrates phones, emails, games, music, films, TV, books, and other mobile phones that integrate phones, emails, games, music, films, and TV, books, and other applications.

Once that kind of intelligent product really appears, Wang Rong could think of what a huge user group if Meituan’s mobile products were promoted to these personal mobile terminals, and Meituan’s amateurs would grow by a factor of a multiplier.

Wang Yan felt quite regretful. Wang Yan didn't know when such a product that combines office and entertainment will appear. He heard that Onyx Technology is developing a secret project, which seems to be related to this kind of smartphone. But if you want to develop it, Wang Yan didn't know when it will be.

The speaker was unintentional, and the listener was intentional. When Wang Yan mentioned the project of intelligent micro-terminal mobile phones, Chen Tianqiao's expression changed a little. Wang Yan felt that it would be much more difficult to achieve what Chen Chu said.

If you really develop that kind of smart phone, the entire Internet technology and even the technology industry will usher in huge changes, and it may not be possible to completely reshuffle it. However, Chen Tianqiao felt that Chen Chu's words seemed to be targeted.

The so-called people who know you best are your opponents and enemies. Shanda has fought with SG Games. Chen Tianqiao is very concerned about SG Games and Chu Ke technology, and naturally also pays attention to Chen Chu. He knows that Chen Chu is definitely not the kind of groundless person.

Even Chen Tianqiao felt that Chuke Technology might have begun to develop that kind of smart phone, and the entire domestic gaming environment might change in the future. Chen Tianqiao couldn't help but feel a little more distracted about Shanda's future plan. At least in the field of mobile Internet, he would also have to invest in some industries!

"In the development of group buying business, the use of funds should be more cautious. Use financial subsidies to attract users in the early stage, and you must also be able to defend these users in the later stage!" Chen Chu reminded Wang Yan.

People who have experienced the battle of group buying, as well as the battle between the king of taxi, shared bicycles and takeaways, all know how fierce the competition in the group buying and takeaway industry is. If you don’t burn the money of venture capital and investment institutions, your blood will be completely drained. There are only one or two brands left in the entire market, and the competition will never stop.

The advantages of the early stage, if the funds are burned out in the later stage, or other problems, the users who have finally won by burning out can easily fall down other brands. After all, this thing has no technical barriers, so it depends on which brand group purchases more preferential products, and the user will turn to whom.

Hearing Chen Chu's words, Wang Yan nodded, and his originally anxious heart became a little calmer. Wang Yan knew what Chen Chu's vision was. He could let Chen Chu explain this way. Obviously, it would not be so easy to win in the group buying industry.

After saying a few words, Chen Chu said to Wang Ying, "When Meituan was established, I will definitely go there in person!"

"Thank you, Brother Chen," Wang Ying heard Chen Chu's words and knew that Chen Chu and Chen Tianqiao and Cao Guowei had something to talk about, so he stood up and said, "I'll go and discuss with President Wu about the technical cooperation between Meituan and Chuke!"

After Wang Yan left, only Chen Chu was left in the huge reception room, Chen Tianqiao had Cao Guowei, who had been extremely dull since the afternoon.

As someone closed the door, the whole room was completely quiet. Chen Chu nodded to Cao Guowei. Cao Guowei sighed in his heart, and took out a few documents from the briefcase beside him.

When discussing to swallow up the old boss here, I feel a little subtle about professional managers like Accountant Cao. Although I have many grudges and have been on the bench, Accountant Cao has a close relationship with the current Sina president Lin Xinhe. When I first recruited Accountant Cao and returned to China to join Sina, Lin Xinhe made a lot of efforts.

As for his relationship with Sina founder Wang Zhidong, Accountant Cao has a close relationship with him. If you want to say that the only relationship is not good, it is probably the group of Wall Street directors on the Sina board of directors, and their work is indeed a bit unauthoritative.

In a blink of an eye, the scene on Sina was circling around, but Cao Guowei calmed down quickly. He is now at Oriental.com and one of the co-founders of Oriental. His status in Oriental.com is still his current status. He cannot get it at Sina. His mind is a little subtle for a moment, and then he regains his true nature as a professional manager.

"Boss Chen, this is the capital of Chuke Technology, and it also has a stake in Shanda Agreement, including a cooperation agreement for the joint merger and acquisition of Sina!" Cao Guowei handed over some of the contract to Chen Tianqiao.

Since the decision has been made, we will naturally have to make a quick decision. This was decided by Chen Chu, Wu Xingdao, Zeng Yuanli, and several other consultants of Chuke Technology. If we continue to delay, it is difficult to guarantee that there will be variables.

Shanda has found Chuke technical supporters. Who can be sure that Sina will not seek other companies to enter the market to disrupt the situation. It must be completely taken down in the shortest time when Sina has not yet fully reacted.

"Old Cao is responsible for this matter on Chuke Technology. He is most familiar with Sina!" Chen Chu said.

Knowing yourself and your enemy will never be defeated. If you know Sina's best, Accountant Cao is definitely one of them. Even Sina founder Wang Zhidong may not have as deep as Accountant Cao's understanding, otherwise he would not have left Sina in a confused manner.

Whether it is Sina or Nasdaq, Accountant Cao, who sent Sina to the listing, is definitely very familiar with it. He let Cao Guowei take charge of this game, and there is no more suitable for him.

"What do you think Mr. Cao should do this?" Chen Tianqiao looked at Cao Guowei. Shanda's annexation of Sina was already very passive in this matter. What he could do now is to count on Chuke Technology to open up the situation so that Shanda can get better.

"Sina is not a monolithic!"

Cao Guowei said directly, "Sina's shareholders are very complicated. The founding team, Wall Street institutions, domestic investors, Nasdaq investors and other small shareholders, as well as Shanda management and the board of directors, are not all united together!"

"The most important thing now is to make Sina's board of directors ban the use of poison pills, acquire equity that is not controlled by Sina's management, and make Shanda and Chuke Technology the absolute controlling party of Sina!"

Compared with Shanda's rough style at the beginning, it pushed everyone in Sina to the opposite side. Cao Guowei's approach is to win over and differentiate, making Sina's management a lonely person, which is equivalent to a high-end version of poaching, making Shanda and Chuke Technology a more than 50% shareholder holder and directly controlling Sina. This naturally there is no poison pill plan.

Sina did not allow Shanda to enter the management team before, but if Shanda and Chuke Technology teamed up to acquire more than 50% of Sina's equity, the entire Sina would change hands!

"This must be completed within one month!" Chen Chu said, the plan must be quick. Once Sina management reacts and wins over the rumored Yahoo and other things to get involved in this matter, and if it continues, the matter will basically be ruined. After all, no one will lose two pits a year.

Chen Tianqiao thought about it and knew that now he had to cooperate with Chuke Technology. Shanda was trapped by Sina, and it was too eye-catching. Everything he wanted to do was too eye-catching and he could not do anything at all.

"In China, Shanda is willing to cooperate with President Cao, but foreign investment banks need to deal with it!" Chen Tianqiao said to Chen Chu.

There is no way for the four investment banks of Goldman Sachs, SoftBank, Sequoia and Citi, Shanda. It takes Chen Chu to take action. Chuke Technology is the only one in China who has the confidence to deal with those investment banks!

"The three investment institutions of Goldman Sachs, Sequoia and Citi, Chuke Technology can come forward and exchange Sina equity from them at a premium with some conditions. However, SoftBank," Chen Chu shook his head, "SoftBank will talk about it later!"
Chapter completed!
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