Top of the big era

This September, Zhou Buqi’s achievements at work were very outstanding. Ziweixing International won consecutive victories and completed the acquisition of Snapchat and Shopify. Yahoo’s case was also officially announced to have passed the review. Ziweixing International Payments for stock buybacks to small shareholders have already begun.

Ziweiyun has found a breakthrough in the field of e-commerce, which makes Ziweiyun's development full of strategic significance and has greater market competitiveness.

Entering October, the first thing Zhou Buqi did was to get rid of the issue of socializing pictures.

In the field of picture sharing, two giants have formed.

On the PC side, the biggest giant is of course Facebook; on the mobile side, Ucgram almost monopolizes the market. Although Facebook also has a mobile version of the app, users obviously prefer Ucgram when posting pictures through their smartphones.

Zhou Buqi, Lu Qi, Tang Binchen, Kevin Johnson, Yang Zhiyuan, Thompson, Xu Liangjie and others discussed this topic and quickly reached a consensus.

Yang Zhiyuan sighed: "Yahoo acquired Flickr in 2005. After a few years of development, it quickly became the most popular picture website on the PC. Unfortunately, times have changed. Social networking sites and mobile Internet have completely changed this market.”

Flickr reached its peak around 2010, with a valuation of over $4 billion.

Then it took a turn for the worse.

PC users have all gone to use Facebook; mobile users have all gone to Ucgram, so that Flickr has gradually evolved into a niche community of photography enthusiasts, becoming a high-brow one.

Xu Liangjie said with a smile: "You can't say that. When Yahoo acquired Flickr in 2005, it only spent 35 million US dollars. Although Flickr has declined a bit now, the brand is still there, and the monthly active users can reach 20 million. It is still a big player." website. If the asking price is US$1 billion, I believe many companies will be willing to take over.”

Yang Zhiyuan's face didn't look good.

Depend on!

Are you going to sell off Yahoo’s assets again?

Didn’t you say you won’t sell it?

Lu Qi saw the signs and quickly explained, "It will not be sold. Flickr is a core asset. It is necessary to promote the merger with Pinterest to strengthen its influence on the PC side."

Kevin Johnson is the senior vice president of Ziweixing International, second only to Lu Qi. He switched jobs from Microsoft and is also quite influential. He said: "Pinterest has become a force that cannot be underestimated. The social networking site in September this year Here, the number one visit on the PC side is Facebook, which is far ahead. The second is Twitter. The third is Pinterest."

Zhou Buqi raised his eyebrows, "No way? Didn't you miss it?"

Kevin Johnson smiled, knowing what the big boss meant, "You mean Google+? No, Google+ can't even be ranked in the top five. It has become a niche circle of technology enthusiasts."

Zhou Buqi shook his head.

I think Larry Page is really annoying. He is a technology expert. The products he makes have too strong technological attributes and it will be difficult to popularize them.

With Google as a reference, Yang Zhiyuan's face looks somewhat better.

The development of Google+ is basically similar to that of Flickr.

Drive high and go low.

Even Google+ is not as good as Flickr.

Yang Zhiyuan said with a smile: "Google also intends to promote the transformation of Google+ in the direction of picture socialization. To this end, it also specially acquired the picture management software Picasa, made it free, and integrated it into the Google+ platform. But the effect is too poor and attracts Far less powerful than Flickr.”

Tang Binchen said: "With the emergence of smartphones, taking pictures has become easier, and photo sharing will definitely become the main battlefield in the social field. Neither Flickr nor Pinterest have done enough, and the transformation speed on the mobile side is not fast enough. ."

Despite the fact that Pinterest is the third-largest social networking site in North America in terms of traffic, its actual strength is still very weak.

On the PC side last month, Facebook’s traffic reached 7 billion, while Pinterest’s traffic barely exceeded 100 million. Ucgram’s mobile traffic even reached 1.12 billion.

So everyone is very confident when they speak.

I already regard Pinterest as a lamb waiting to be slaughtered, completely in my own hands.

Zhou Buqi agreed with Tang Binchen's judgment.

The development of mobile Internet is closely related to the development of smartphones and mobile networks.

Smartphones can take high-definition photos, and 3G networks have become popular, and the trend of socializing with pictures has arrived; smart phones can take high-definition videos, and 4G networks have become popular, and the trend of socializing with short videos has also arrived.

If it’s too early, it won’t develop at all, and it will be useless no matter how much money you burn;

It’s too late, the track is already occupied.

Whoever can seize the opportunity to seize the user's mind will be able to stand out in the competition.

Zhou Buqi said: "Well, the next step is to promote the merger of Pinterest and Flickr. Pinterest's strength is still too weak, and its attention is focused on the PC side, and it is easy to fall out of the times."

Tang Binchen seconded: "Yes, if Pinterest wants to be competitive, it must take two steps at the same time. First, merge with Flickr to increase its business strength. Second, make strategic transformation quickly. If necessary, we need Send someone over to give guidance."

Lu Qi nodded, "It's very necessary."

To say which company understands the mobile Internet best at the moment, of course it is Ziweixing International. It can be said that it is obligatory to send someone to guide Pinterest in its strategic transformation.

Who is scheduled to go?

This is Xu Liangjie's jurisdiction. He glanced at Tang Binchen and said, "What about Gary Ward? I think he can do it?"

Gary Ward is the vice president of marketing for Ucgram's product and Tang Binchen's right-hand man.

"No problem, as long as he is willing." Tang Binchen smiled slightly and seemed very confident, "Ucgram has no competitors in this field."

Yang Zhiyuan's face turned a little gloomy.

He finally understood.

Today’s discussion is just for you!

After all, these people actually have one purpose, which is to divest Flickr, an asset owned by Yahoo! Is merging Flickr into Pinterest any different from selling Flickr?

Yang Zhiyuan glanced at Zhou Buqi.

A little frightened.

This guy is so cruel!

At the end of September, the U.S. Trade Commission approved the acquisition of Yahoo by Ziweixing International. In other words, all the processes of this transaction have been completed.

Yahoo is truly an asset of Ziweixing International.

In the blink of an eye, in October, Zhou Buqi's true colors were revealed, and he wanted to dispose of Flickr, the core asset that Yahoo had high hopes for...

First, it sold part of Alibaba's shares, then sold part of Yahoo Japan's shares, closed several business lines, and then packaged and sold Yahoo Korea to Samsung...

Now, it’s time to attack Flickr again!

Isn't this what the capitalist forces on Yahoo's board of directors, headed by Carl Icahn, have been trying to achieve over the past few years? Don’t you just want to dismember Yahoo and sell it?

What the wolves of Wall Street failed to accomplish, this guy did it!

"You're so careless!"

Yang Zhiyuan felt a little chilled, feeling like his home had been stolen.

But the current situation...

I glanced at the company executives sitting around the sofa, some with their legs crossed, some holding coffee, and some holding folders in their arms... Well, this is a person under the eaves, so he has to bow his head!

Next, it was everyone's turn to express their opinions.

Democratic discussion!

Everyone voted and expressed their opinions.

Xu Liangjie said easily: "If this is the case, then there will be no problem. It will be beneficial to both parties. Flickr will have a good home, and Pinterest will also have longer-term development."

"Through this merger, we can get enough shares of Pinterest..." Lu Ji smiled and looked at Yang Zhiyuan, "Just like the cooperation between Yahoo and Alibaba. Merge Yahoo China into Alibaba and acquire Alibaba." Enough shares.”

Zhou Buqi smiled and said: "Yes, this is Yahoo's best deal, and it is even a commendable investment in the history of the Internet."

Yang Zhiyuan smiled bitterly.

Next, Yahoo CEO Thompson also expressed his attitude. His statement was very sharp, "Flickr is too complex in management and is not conducive to Yahoo's reform and transformation. Within Yahoo, many people are still full of illusions about Flickr... Yesterday, Someone suggested to me that I want to launch a mobile version of Flickr App and then spend $150 million to buy the volume.”

Lu Qi snorted coldly, "Absurd!"

Thompson said: "Well, it's better to spin off Flickr. If Yahoo wants to recover, it must innovate and completely break the strategic thinking of the past!"

Everyone expressed their support.

Yang Zhiyuan was willing to object, but he couldn't say it out loud. He sighed: "Since the merger is beneficial to both parties, let's promote the merger of Flickr and Pinterest. Flickr has experienced rapid development in the past few years at Yahoo! , there have also been periods of great attention. But in the final analysis, they have failed to grasp the pulse of the times. After being merged into Pinterest, we can achieve business and data interoperability, and I hope it will play a role."

Zhou Buqi smiled and said, "Old Yang, how about you take charge of this case?"

"Me? No, I'm going to Hawaii for vacation this month. I was supposed to go in August. I've been busy with my Snapchat project and I want to spend time with my family."

Yang Zhiyuan refused without hesitation, saying that Thompson could promote it. He was the CEO of Yahoo and he would be the most suitable to operate it.

This was an offending job.

Just don't let Xu Liangjie take the lead.

Zhou Buqi finally made the decision, "Okay! Then follow this plan!"