Chapter 1595 Online
Yahoo will sell its search business, and the sudden news has surprised countless people, not to mention the search industry. When search companies such as Google and Baidu are preparing for war, their first reaction was fake news when they heard this shocking news.
But Yahoo, whose stock price soared, made people know that this was not fake news, but that it really happened!
Yahoo actually sold its search business to Bing Search. Seeing this news, Baidu Boss Li, Google Kaifu and others were fine. After all, Yahoo's domestic search market share is only 11%, and it is basically about to become a niche product.
But for Google's Schmidt, Larry Page and others, this news is the worst news they have heard this year, no doubt about it!
Yahoo actually sold its main business directly. Google executives don’t know if Yahoo is really crazy. Seeing that other businesses are half dead, they even sold their search business at this time. Anyone who hears this news feels whether Yahoo is trying to die or is it really crazy.
But it has to be said that Yahoo's move does have a huge impact. At the critical moment of Bing Search's launch, Yahoo Search can undoubtedly sell at a sky-high price!
"Yahoo splits its business, and the search business is officially sold to Bing Search. Chuko Bing joins hands with Microsoft Bing to share Yahoo Search, which accounts for 28% of the search market!"
The Wall Street Journal was the first to report on this shocking operation. Yahoo Search was jointly acquired by Chuke Technology and Microsoft. Yahoo's Asian search business is all attributed to Chuke Bing, while Yahoo Search in North America was sold to Microsoft. As for Europe and other Yahoo search markets, it was basically divided equally by Chuke and Microsoft!
That is, Bing Search, which has not yet been officially launched, has nominally obtained 28% of the global search market. Although it is far less than Google's global market share of 65%, it has also become the world's second largest search giant!
Don’t forget that Bing Search has not been online at all, so it has already hit Google with a heavy blow, which has made Google a little confused for a moment. The preparations made before were just like the French Maginot line of defense? Before it was used, it was already raided by the opponent...
At this time, Google really felt a sense of crisis? Yahoo turned against her and directly made Google and Bing search start a close handover.
The Three Kingdoms Competition, which Google originally planned, did not appear at all? It directly became a two-hero club. Google, which came to its senses, immediately launched an improper transaction against Bing Search and Yahoo Search. It wanted to prevent Yahoo Search from being divided by Bing Search!
But it is impossible to stop this matter. It involves giants in the Internet technology industry such as Microsoft, Chuko, Yahoo, and Google. Even if they review and collect information, it will probably take a few months to go by. When there is a result, the daylily will be cold.
Not to mention, this acquisition is only aimed at Yahoo's search business, rather than taking over the entire Yahoo business? North America and Europe's antitrust departments are too happy. If you don't have to face a huge thing, you will deliberately cause trouble.
Then more news broke out? This time, Yahoo sold its search business and received only one billion US dollars in cash. Chuko and Microsoft Song paid 500 million US dollars.
The key is whether after the acquisition is completed? Yahoo will include search technology, data centers, advertising business, technical teams and other industries related to Yahoo business, and will be sold at one time.
In addition to directly receiving one billion US dollars in cash, 50% of all the benefits directly created by Yahoo Search in the future will belong to Yahoo!
That is, although Yahoo sells its search business, the money Yahoo search earns will be distributed to Yahoo within ten years, and it is a net profit. You don’t have to worry about promotion fees, labor fees, operation fees, etc., and you can directly make a profit, which can bring at least US$1.1 billion in net profit every year!
This is not all. Yahoo is willing to sell its search business, and it also includes a series of agreements. In the future, Chuke Technology and Microsoft will reach a comprehensive cooperation with Yahoo, including advertising, business cooperation, etc., just like Yahoo Music, Yahoo Sports, they all cooperate with Renren Music and Oriental Sports.
These advertising and business cooperation will also bring Yahoo a net income of 600 million US dollars every year in the future. In fact, selling Yahoo Search, cash plus future income, is equivalent to bringing Yahoo a fixed income of 17.6 billion US dollars in more than ten years!
The price is definitely not low, but it seems to be scary. In fact, if it is shared every year, it is basically more than one billion US dollars, and Chuke and Microsoft have to share it again. For this reason, Chuke Technology pays Yahoo no more than 800 million US dollars every year. This part of the money can definitely be earned by Yahoo search, not to mention technology!
The entire acquisition of Microsoft was borne by 65% because Microsoft got the most valuable North American market in Yahoo Search, while Yahoo only had the market share of Niben, Singapore, Malaysia and other places in the Asian market, so Chuko Bing was borne by 35% and the cash he directly took out was no more than 400 million US dollars, and he got the entire Asian market of Yahoo Search.
Yahoo's stock price rose by 4.95% before it was actually announced. After it was actually announced, the stock price rose all the way. Although its market value had not exceeded 50 billion US dollars, it also hit a new high in the stock price.
In the long run, it is definitely not cost-effective for Yahoo to sell its search business, but it cannot withstand the forced escorts of Carl Icahn and others. This year, Yahoo's performance is definitely very beautiful, and its stock price naturally soars. This is enough for Carl Icahn and others, and they are not going to be buried with Yahoo.
What this incident really affects is not only the search industry, but also the conflicts within Yahoo can no longer be concealed after selling the search business. In order to maintain his position, Carol Butz was forced to agree to sell the search business in order to maintain his position.
But the conflict between the two sides could not be concealed. Faced with Carl Icahn who was pressing forward step by step, Carol Butz knew that if this continued, he would sooner or later have to build someone up, and he began to unite the current management and support his shareholders, and took the lead in launching a Yahoo equity war against Carl Icahn.
Carl Icahn is not willing to be outdone. In addition, he just collaborated with Microsoft and Chuko. Now it is the momentum that he is in full swing, so he also launched Ross Levinthorne to seize the Yahoo president and let Carol Butz roll out of bed.
For a moment, the whole Yahoo was in chaos and had no time to care about anything else, and the internal dog's brain was almost broken.
When Chen Chu heard the news from Yahoo, he was not surprised at all. As long as Carl Icahn is there, it would be impossible to be peaceful. As long as Carl Icahn is targeted, there will be few good endings.
Carl Icahn, who tasted the sweetness, obviously didn't want to sell the search business. Yahoo still has a lot of good things. If you don't empty Yahoo and sell it completely, how could Carl Icahn give up?
Chen Chu threw the Yahoo report aside and sold the search Yahoo, which was basically out of stock, at least it will never become an existence that can affect the Internet landscape again.
Without too many Yahoo, acquiring Yahoo Search is just an appetizer for Bing Search. Although it has a great impact, it cannot be put before the horse. Bing Search is the key.
Chen Chu looked at Zhang Yiming and Bing Search for a group of executives, "Bing Search took over Yahoo's Asian search business, but handover is enough. The most important thing now is Bing Search!"
To receive Yahoo search team and let Yahoo use Bing search, it is necessary to transition slowly. It is impossible to replace them all now. This will cause chaos and will only make Google cheaper.
"How is it now?" Chen Chu asked Zhang Yiming. In another night, Bing search will be officially launched at 8 o'clock tomorrow morning.
Zhang Yiming couldn't help but feel a little nervous at this time. Bing search was the first major project he was responsible for. The entire Bing search was up and down, and thousands of people also survived for this project for 18 months, just to launch Bing search.
There is also Chen Chu’s support for him. At this time, anyone can retreat, but Zhang Yiming has no way out. Zhang Yiming nodded heavily to Chen Chu, "Tomorrow at 8 o'clock, Bing search will be available on time!"
Today, Wang Ying, who came to support his fellow villager, patted Zhang Yiming on the shoulder, "Don't worry, the Meituan ground push team has now started to help Bing search ground push!"
If you ask which ground promotion team in the Internet industry is now strong, who else can be there to survive in the group buying industry where the "thousand groups war" has begun and become the leader. Meituan's ground promotion team is quite brave and good at fighting.
Without a strong ground promotion team, it would be impossible to get the market. This time, in order to support Bing Search, Wang Yan pulled the ground promotion teams from several major cities to support Bing Search.
Now the Bing search ground promotion team is struggling with each city after another, and even an Internet cafe is not spared.
"The other departments are ready, and they will support Bing search tomorrow!" Wu Xingdao put down the phone and said, "The entire Chuke technology is like the precision machinery that is tightly wound. All departments have begun to cooperate with Bing search, and all resources and manpower are mobilizing here.
Chuke Technology has been silent for too long, so that the Internet industry may have forgotten the years of being dominated by Chuke Technology. This time, Bing searches have to be launched. Chuke Technology is to let the entire Internet industry relive that era!
The official website of Bing Search announced the official time for Bing Search to be launched. All Chuke technology departments also issued announcements to users in the backend, announcing that the system will be upgraded from 7:30 to 8:00 tomorrow morning, and everyone understands that this is to replace the previous search engine with Chuke Bing's engine!
Chapter completed!