Chapter 1308: No one says anything after checking (4K)

Under the pressure of competition from Yike, and after learning from Penguin's mistakes, Duji actively promoted transformation and tried to win the entire March by playing fast and slow.

This has caused many users to complain...

Duji's main search was transformed and it had its own Duji app software. As a result, when using Duji search on the mobile browser, halfway through the search, it would jump to its own app.

Tieba, its flagship product, wants to promote mobileization and has done something similar. After turning a few pages on the computer side, it will prompt you to use the app to open the browser. But if it is a mobile web interface, this prompt is even more mandatory.

For a time, the internal data rose really well, and the KPI seemed to be very likely to be achieved or even achieved ahead of schedule, but... the user experience was really quite negative.

On the last day of March, Duji announced at lightning speed that it had acquired 91 Wireless, a subsidiary of NetDragon, a listed company in Hong Kong. The transaction price was US$200 million, which caused a sensation in the industry.

Immediately, a lot of gossip spread.

It is said that NetDragon quoted a very high price at first, and then many senior executives went to negotiate, and the price was reduced a lot. However, because Ali, who was also interested, intervened, the price was raised again, and this is what happened in the end.

transaction price.

It is also said that Duji internally had different opinions on such an acquisition, but in the end it was believed that it would help enhance its competitiveness in the mobile era and decided on this acquisition, which is the most expensive in the domestic Internet industry.

It is also said that Alibaba failed to win the love with a sword, and now it has launched an acquisition invitation for Wandoujia, a similar product.

91 Assistant is the largest third-party application distribution platform in China, but...

Is it worth the price?

The acquisition of Duji has attracted a lot of doubts and triggered a lot of discussions.

Faced with this situation, other senior executives of Duji remained silent. Li Mingyuan, who played an important role, stood up and responded bravely.

He said proudly: "It only took us seven days to finalize the intention, and it took less than a month to complete the merger and acquisition. This is our wolf nature and the key to our success in the mobile era!"

"Some people think the price is too expensive, but Alibaba is also bidding. At our level, what many people don't know is that price is not the key."

"91 Wireless's business can strengthen Duji's mobile layout in three aspects: entrance, distribution and ecology, which is very meaningful for our overall strategy."

The 91 Wireless acquired by Duji has been assigned to Li Mingyuan's team. Regardless of whether the outside world knows his driving role, it is reasonable to come forward to explain the significance of this transaction now.

Although Li Mingyuan is young, he is a solid vice president of Duji with a bright future. The business he is responsible for is a head-on confrontation with Yike. What he said in the interview still carries a lot of weight.

Besides, if one is willing to fight and the other is willing to suffer, the price is expensive, so what else can be said?

Duji's high-priced merger and acquisition case is still amazing, but the amazing evaluation has passed. Duji integrates where it should be integrated, spins off where it should be split, and does KPI where it should...

Similarly, the capital market has rarely given positive support recently. Since Duji acquired 91 Wireless, the stock price rose by 13% in a week, as if it was also taking this opportunity to give Duji a high rating for March Madness.

.

However, there are always people who are happy to say a few words next to you.

Qi He, president of Yike YMS, forwarded a financial analysis of Duji’s acquisition in his circle of friends and gave his brief evaluation: Check Li Mingyuan carefully, this is too high a premium, and Duji has made another bad decision.

One stone stirs up a thousand waves.

Yi Xin's circle of friends seems to be private, but in fact it always spreads out quickly, and Qi He's address book is full of familiar and unfamiliar celebrities.

Everyone knows that YMS, which Qi He is responsible for, has launched a clear-cut battle with Duji, and many front-line businesses are competing face-to-face. For example, AutoNavi Maps, which has once again received Yike financing, is fiercely competing with Duji Maps.

Therefore, there have been many interesting replies in this circle of friends.

"Mr. Qi threw stones at Duji again. Wasn't it enough to persuade Sohu President Zhang to throw stones last time?"

Qi He replied: I didn’t instigate Charles, I don’t have the power.

"I heard that this time it was Li Mingyuan who strongly suggested the acquisition of 91 Wireless. Ugh, it's 200 million US dollars. Du Ji is really ruthless this time. Didn't Mr. Qi contact Alibaba to raise the price?"

Qi He refutes the rumor: How is it possible? Don’t talk nonsense.

"Duji has been really active in the last month, and it seems that it has to make payments. It really wants to compete with Yike in an all-round way, and it's just a matter of ending up making mobile phones. Alas, to be honest, Duji has developed into the giant it is now.

It's not easy on a large scale, you kill with all your strength, I like to see this."

Qi He:……

Yi Ke's countless high-level comments made almost everyone's attention focus on the second half. In addition to watching the excitement, they were wondering whether this was a bad decision.

However, as the named party, Li Mingyuan paid attention to the first half.

Only in the afternoon of the next day, he criticized the president of Yike YMS in front of the media, believing that this was a malicious smear and attack on the company and himself.

"I can understand Qi He's anxious mood."

"In fact, Yi Ke is very worried that our company will get a ticket in the mobile era!"

"Qi He's big mouth will not increase Yike's competitiveness by half, but will damage the image of the company that is said to be committed to becoming an international giant!"

"I understand Qi He's complicated feelings about 91 Assistant, because almost 90% of domestic Apple users are its fans. It is precisely because of Yike's conservative approach to the Android software store that 91 Assistant has achieved its current results.

and value.”

"Instead of waiting for time to verify that this is a bad decision made by Du Ji, it is better to say that 91 Assistant is the verification of Yike's past wrong decisions."

"So, who made Yike's wrong decisions in the past?"

"Oh, you may have to ask Yike YMS Business Group."

Li Mingyuan talked eloquently, countering the bad intentions from Yike YMS, and pointed out the possible pain points of competitors. Third-party software application distribution will reduce the influence of YMS software store.

YMS cannot cover everything in the market, and growing software like 91 Assistant also has a high number of users.

If someone responds, the matter will be difficult to end.

Two days later, Qi He was invited to attend a business event and talked about some of the driving logic within Yike YMS, and by the way continued the war of words with competitors.

"91 Assistant has done a good job. I am not denying its achievements. I just have doubts about Duji's acquisition figures. The two do not match."

"I actually asked someone to ask yesterday. Alibaba's acquisition is a small part of cash and a large part of stocks, and Duji will directly use all cash."

"I don't think the success of 91 Assistant is our YMS's wrong decision. The market is huge and YMS cannot possibly finish it all. The coexistence of other companies' success does not conflict with our success. On the contrary, we are happy to see the success of other companies on the mobile side.

Success, that will bring more energy.”

He finally commented on Li Mingyuan and this acquisition: "Li Mingyuan and Mr. Li may still be young. NetDragon has taken the initiative this time. Of course, Robin should have made the final decision. However, Robin is far away."

There is a gap in business, and not only this matter, he should open his eyes and take a look at the user's evaluation of the search jump app. I have to say that there have been many negative reviews in our software store, and they have all been reported to my desk."

"But, it's not difficult to understand why Du Ji is in this situation. Robin is just keen on superficiality. He is handsome, rich, skilled and foreseeable. He likes this too, doesn't he? He holds shares

Duji’s company names are both handsome reward.”

This time not only Li Mingyuan, but also Qi He briefly commented on the head of Duji.

The news spread quickly. Not only did Li Mingyuan reply in the circle of friends this time, thinking that he was shallow and mean, he also found the number of the head of Yike and dialed it directly at night.

"Mr. Fang, are you just going to let go of all the comments made by your company's Vice President Qi He?"

"Mr. Fang, putting aside the competitive relationship, I originally had enough respect for Yike and you, but now you are turning a blind eye to this kind of wanton personal attack?"

"Mr. Fang, hey, answer me!"

Fang Zhuo has not received such an emotional phone call in several years. Even if the ice core price is low, institutional shareholders or close American friends call, and they are always polite.

A strange number came up. After the call was answered, he asked questions again and again, and then asked himself to answer him...

He asked in surprise: "What's the answer? Who are you?"

"I am Li Mingyuan, Li Mingyuan from Duji." Li Mingyuan realized that he was too excited and did not introduce himself. After he finished speaking, he added confidently, "Mr. Fang should have heard of me."

Fang Zhuo was silent for a while. He had indeed heard of this person, the youngest vice president who was dismissed from his job.

He deliberated for a few seconds and asked calmly: "Li Mingyuan, um, what do you want me to answer?"

He was neither angry nor questioning, and his tone was calm.

However, Li Mingyuan suddenly felt timid. Was his call reckless and abrupt?

He held on to his energy and said seriously: "Mr. Fang, business competition should be based on strength and dignity. For a large company like Yike, and Qi He is also the president of YMS, is it necessary to use this kind of personal attack?

"

"I haven't paid attention to the situation in the country recently. I have been dealing with other things at hand. It has something to do with Qi He, right?" Fang Zhuo pondered for a moment and agreed, "I will see what happens."

Li Mingyuan breathed a sigh of relief, Mr. Fang was still very graceful.

He solemnly said: "I hope our business competition will have a decent process."

Fang Zhuo ended the phone call and felt as if he was talking to Robin. The question is, how can business competition be decent? With people like Charles on the stage and enemies like Robin, how can it continue to be decent?

He didn't ask Qi He, but directly used Sogou to search for related events, and then he saw the general picture.

Oh, Qi He accidentally stepped on someone else's tail.

Qi He must have done this unintentionally, and it would have been fine if it had been someone else, but...

However, what Li Mingyuan said makes sense. Qi He shouldn't keep having such wars of words. The best thing to do is to concentrate on doing the job well. He has so much work every day and is still distracted by it.

Fang Zhuo had just finished paying attention to Yike's press conference in March. He didn't have so much work on his hands, so he could use some distractions.

On the 26th of last month, Yike's Silicon Valley press conference aroused a great response. The quad-core Zhurong based on the 28nm process technology is very much anticipated. The Furious 2 will be available for pre-order on the 20th of this month, and the specific arrival will not be until the next day.

The first week of the month.

What kind of performance can Zhurong with first-line technology have? This may also be related to Yike's performance on Mars this year.
To be continued...