Rebirth Starts at 7 Million
Chapter 270 The good news brought by Mr. Lei
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Brother Dong is very clear that Luo Fan's purpose of putting forward such conditions is to completely tie JD.com.
But Dong Ge didn't think there was anything wrong with this, and no one would use their own traffic for publicity in vain.
Brother Dong is not worried that Xingyuan will do it himself after he has figured out the e-commerce platform, because the market of the e-commerce platform is so big, Xingyuan must be too late to enter the market now.
It’s like a small village with only so many people. It’s a little less to open a convenience store. Two convenience stores are just right, and the third one is no business.
Now Taobao and JD.com are like two convenience stores in a small village. They have already occupied this area, and if others open it, they will suffer serious losses.
Baidu has a deep understanding of this point. They have long wanted to be their own e-commerce platform. Unfortunately, after so many years of tossing, even spending billions on group purchases has no effect.
Therefore, Baidu will now turn its attention to the O2O platform and start the food delivery and taxi industry.
It is actually a helpless move for Dongge to come to Xingyuan to cooperate, because Penguin and Baidu have been staring at the e-commerce platform for years and refuse to give up.
Recently, Baidu has transformed, but Penguin has not given up.
But at this stage, only Xingyuan and Penguin can provide a large amount of traffic to JD.com against Ali.
To be honest, my brother's first choice is not Xingyuan, he has actually been to Penguin.
But Dongge couldn't accept the conditions offered by Penguin. What they wanted was not only the payment from JD.com, but also the shares of JD.com, and it was the kind that the lion opened his mouth.
If these shares are given to Penguin, Dongge's shareholding ratio in JD.com will be greatly reduced. If there is any financing later, even a veto will not be preserved.
That's why my brother chose to visit Xingyuan.
Brother Dong did not choose Xingyuan at first because he felt that the rise of Xingyuan was just luck to seize the wind of the mobile Internet.
This kind of luck may end at some point. Luck aside, Xingyuan still has a big gap compared to the Big Three of BAT.
But after chatting with Luo Fan, Dong Ge changed his opinion. Not to mention other bosses who only want to go to Luo Fan, Dong Ge thinks that Xingyuan may not be able to grow into the next Internet giant in the future.
Moreover, Xingyuan, Baidu, and Dami are obviously wearing a pair of pants. In addition to his JD.com, the four companies are united, and the coverage of both the traffic and the ecological chain exceeds that of Ali + Penguin.
If JD.com can also join them, it will definitely occupy a place on Huaxia's Internet platform in the future.
"Mr. Lei, Liu always wanted to cooperate with me, so he came over during the Chinese New Year. What about you? What are you doing here in such a hurry? If there is anything we need to talk about on the phone, just say no?" Luo Fan asked with a smile. road.
Luo Fan's words interrupted Dong Ge's thoughts. Dong Ge hesitated and did not leave. He wanted to join the alliance of Xingyuan, Baidu, and Rice, so he definitely couldn't leave at this time.
Mr. Lei glanced at his brother and said with a smile: "I have good news for you, didn't you ask me to help you see if there is any music app to be shot? I just received the news, cool me. There's a problem with funding here."
Luo Fan's expression was a little strange when he heard the words, Kuwo's company, Luo Fan, couldn't be more familiar with it.
In the previous life, the first company he entered after graduation was Kuwo Technology.
The first project I did when I joined this company was listening to and recognizing music.
Luo Fan stayed in this company for more than 2 years before he moved to a game company under Penguin.
In his previous life, Luo Fan jumped ship because in December 2014, the news that Kuwo was going to merge with Kugou was leaked inside the company, and there would be a lot of layoffs at that time.
It happened that Luo Fan didn't want to do it anymore, so he submitted his resignation at the end of the year, and officially resigned in January 2015.
Luo Fan's previous life joined Penguin's game company in March 2015.
A few days after going to work, he heard a gossip. On March 13, Kuwo and Kugou merged, and then they joined three music copyright companies.
Intended to build Asia's largest music group.
Later, they established Huaxia Music Group together, but unfortunately the development of this group was not smooth.
In June 2016, Luo Fan heard another gossip, saying that someone from the head office Penguin had acquired a large share of Huaxia Music Group.
A month later, on July 15, 2016, Penguin Music announced the merger with Huaxia Music Group. On January 24, 2017, the new music group was officially renamed Penguin Music Entertainment Group.
So far, Kuwo has become a music company owned by Penguin.
But in the end, Cool I'm just a "wild boy" and not the son of Penguin. It's no surprise that Penguin's resources are tilted and he gave his own son Penguin music.
Kuwo has no resources to support it. Although it shares music copyright with Penguin Music, its popularity is getting lower and lower. Before Luo Fan's rebirth, this music company almost disappeared from the Internet, and it was rarely mentioned.
And the Kugou Music next door has set up a Qigu Culture Company to operate as an idol.
The company's approach is also very wild. From Lai Meiyun, who created 101, to Fan Bao, the virtual anchor of Xiaopo Station, it spans many fields, but no one field has achieved results.
All in all, Kuwo and Kugou can be said to be brothers and sisters.
"What? Doesn't Mr. Luo like Kuwo's music?" Mr. Lei asked, looking at Luo Fan's strange expression.
"No, no! I think cool and I'm fine, how big is their funding gap?"
"The estimate is 300 million to 500 million yuan. Kuwo's valuation has been falling in the past two years. After the problem of insufficient funds this time, the current Kuwo only has a valuation of more than 200 million yuan. If the 500 million yuan runs smoothly, it is estimated that it can win about 40% of the shares, and one veto will be left.”
After listening to Mr. Lei's words, Luo Fan frowned. What he wanted was not just a veto, but the entire Kuwo Music. If he wanted to move, Xingyuan would have to take at least 67% of the shares and let other shareholders Combined, there is not a single veto.
Mr. Lei guessed Luo Fan's thoughts and said with a smile: "Mr. Luo, if you want to get more than 67% of the shares, I suggest you send someone directly to talk to their directors.
Now the directors of Kuwo are selling their shares, and you buy them from them one by one. Although this is a little more laborious, it is indeed the easiest to achieve your goal. "
"Does Mr. Lei have the contact information of their directors?" Luo Fan asked.
"It's all ready for you!" Mr. Lei handed Luo Fan a USB flash drive.
Luo Fan took the USB flash drive and threw it to Su Qing. Su Qing opened the files and browsed it quickly and said, "Boss, all the shares in Mr. Lei's list add up to 74%, exceeding 67%."
Luo Fan smiled when he heard the words, this is easy to handle!
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