Reinventing the Millennium

Yi Ke and Gao De hit it off, so their efforts were not in vain.

US$120 million, holding 15% of the shares.

Yike will become the first institutional shareholder of AutoNavi.

Fang Zhuo is still very satisfied with this trip to Jingcheng.

By the way, he also talked frankly with Hou Jun about the issue of changing the listing underwriter, attributing Goldman Sachs to personal grudges.

Hou Jun expressed his full understanding of this. The "personal grudges" mentioned by Mr. Fang have long been discussed. This kind of thing is not easy to change. The Xiaomo recommended by Mr. Fang is also well-known in the industry.

On the second day after arriving in the capital, Fang Zhuo still did not attend the further cooperation negotiations between the team and AutoNavi. The main conditions and the highest will have been consistent, and the subsequent processes can be promoted by the team.

Fang Zhuo has a year-round hotel suite in Beijing with a good view from the window. Only at nine o'clock in the morning, he sat by the window and saw many hurried express delivery trucks, SF Express, YTO, STO...

In the past two years, the development of e-commerce in China has also experienced explosive development. This in turn interacts with e-commerce and promotes each other, jointly promoting the development of the entire market.

Fang Zhuo looked at it for a while and said with a smile: "The weather has been really good these two days. It's a bit cloudy but not that hot. It's just right for express delivery."

Seeing that his boss was in a good mood, secretary Liu Zonghong added: "The weather in November at Tesco is also good."

Fang Zhuo nodded slightly, still looking out the window, a little lost in thought.

Liu Zonghong doesn’t know what his boss is thinking. He may be thinking about AutoNavi, or he may be thinking about the competition among domestic e-commerce companies. The express delivery that shuttles through the streets and alleys today is the epitome of e-commerce development, and this year’s competition between Tesco and Taobao Competition is increasing.

In addition to Tesco and Taobao, other brands such as Yihaodian, Vipshop, and Vancl Eslite have also shown great vitality this year.

Liu Zonghong was thinking in his mind and brewed a pot of this year's new Longjing tea.

Soon, Longjing Tea and other guests arrived.

Xiong Xiaoge, who competed with well-known Chinese investor Wang Fengyi over the prospects of the map business, arrived as scheduled.

"Gote agrees?" Xiong Xiaoge said this after sitting down.

"We're still talking, there should be no problem." Fang Zhuo always spoke strictly.

Xiong Xiaoge took another two sips of tea and did not continue to talk about this matter. Instead, he talked about his observations of Yike through this matter: "Mr. Fang, Yike's YMS has really parted ways with Google? In the future, it will only be limited to Will it be domestic or will it expand abroad?”

"This is not about parting ways, but for the sake of the future of the entire Android camp." Fang Zhuo replied, "The reality is that Google will not be able to survive in China one day. If Yike doesn't step forward, why should Samsung step up? ?”

He pondered for a moment: "It's a little difficult abroad. If you give Google more time, it will become an ecological barrier. Oh yes, speaking of this, you can try our internally developed software. Xiao Liu, install it for Mr. Xiong."

Secretary Liu Zonghong took two steps, took the mobile phone handed over by Mr. Xiong, used his mobile phone's Bluetooth to transfer the software and installed it before returning it.

Xiong Xiaoge glanced at the screen and saw that there was an additional software named "PP1", but it didn't even have an icon.

He clicked it and asked, "What is this?"

You also need to register and use your mobile phone number.

Xiong Xiaoge did not wait for an answer. After continuing the simple registration, he entered the main interface of the software - there were three options under the blank "PP1", "Address Book" and "Me".

He was shocked when he saw the three words "address book". He groped for a minute in silence and said slowly: "I'll vote for this, Mr. Fang."

Fang Zhuo glanced sideways at Old Xiong, said nothing, only smiled.

Xiong Xiaoge said in a deep voice: "Mr. Fang, competition in some fields will definitely cost money. This kind of thing should be handled by a reliable and professional investment institution like me."

Fang Zhuo still didn't speak and still smiled.

"Could it be that it has already been decided? Shenxin Science and Technology is different from IDG. His Wang Fengyi position may be eliminated at some time." Xiong Xiaoge frowned and said, "It is better for us to work together on this kind of project."

Fang Zhuo stopped laughing and sighed: "Old Xiong, you are so bad."

I don't usually talk about it, but I am picking on such thorns at this time.

"I think Yike has many areas of competition this year and will invest a lot of money in the future. Take AutoNavi as an example. If we really want to transform into the C-side, will the US$100 million you invested now be enough? Baidu and Penguin will definitely It’s a lot of money to expand the scale of investment, and to go back and forth.” Xiong Xiaoge said seriously, “Let alone Yigou, we can’t always let Yike come to inject blood into the business.”

"Yike, Sina, me." Fang Zhuo mentioned the three shareholders of Yixin Company, spread his hands, "Gone."

Xiong Xiaoge suddenly changed his mind and targeted the weakest party: "Sina is ready now. It should focus more on the transformation of its core business to mobile Internet, and no longer need to be distracted by investing in such new businesses."

"Needless to say, what has been decided is for you to try the software. Stop talking nonsense and uninstall it if you don't need it, Xiao Liu." Fang Zhuo motioned to his secretary.

Xiong Xiaoge said angrily: "Use it, isn't it okay? Mr. Fang, you can't forget about your old friend when you have meat."

"IDG has money, right? Yike may start an open source project this year and is short of money." Fang Zhuo said simply.

Xiong Xiaoge sighed: "I'd better see how this PP1 plays."

He didn't understand why the software was codenamed "PP1" at first, but he soon understood the reason for "PP", and "1" might be the version number.

After a little thought and experimentation, Xiong Xiaoge successfully added Mr. Fang's account.

He asked with some surprise: "Just search for the mobile phone number? Is it Yi QQ between acquaintances? How to attract traffic? Will this address book be synchronized with the mobile phone address book?"

The three words "address book" are too guiding, and using a mobile phone number to register, it almost points out the direction.

Fang Zhuo nodded and said vaguely: "Absolutely."

Xiong Xiaoge clicked on the newly added Mr. Fang's account, and the default avatar was nothing else. He then said: "That means it can read the mobile phone address book? Isn't this inconsistent with the requirements of your Android store? It seems that YMS is We need to crack down on this kind of software permissions.”

Fang Zhuo corrected: "YMS is to combat the abuse of permissions. For example, Weibo does not have the permission to read the mobile address book and has to be opened by the user. This is called abuse. PP has to rely on the mobile phone address book. If it performs its function, it is considered legitimate use and still conforms to our simple aesthetic."

Xiong Xiaoge's thoughts were spinning so fast that he subconsciously asked, "What if QQ also wants to read the phone's address book?"

He knows that the Android store does not treat him differently, and Penguin software is now available on it unimpeded.

When Fang Zhuo heard this question, he frowned and said, "Isn't this abuse?"

Xiong Xiaoge repeated Mr. Fang's evaluation of himself just now: "Mr. Fang, you are so bad."

PP sounds different from QQ, it is used as a channel between acquaintances.

Does this conflict with Fetion Mobile?

Fetion is free for its own mobile users, but charges for sending messages to users of China Unicom and China Telecom. What about PP?

There will definitely be no charge for PP.

Xiong Xiaoge fumbled with the use of mobile software and quickly thought of several possible key competitive points.

He conveniently used the software to send a text message to Mr. Fang.

"Hello, Mr. Fang, I am Xiong Xiaoge from IDG."

"Please let me know if there are any good investment projects."

"Mr. Fang, what is the open source you just mentioned?"

"It's quite smooth to use. Is it just a text function?"

Xiong Xiaoge was surprised to see a prompt in the software - the message had been sent, but was rejected by the other party.

He asked: "What does this mean? I also have a red exclamation mark here."

Fang Zhuo replied calmly: "This is what happens when you are deleted as a friend."

Xiong Xiaoge: "..."

Suddenly seeing Yi Ke's sharp weapon today, Xiong Xiaoge was almost addicted to trying and forgot about business.

When he searched for Wang Fengyi's account using his mobile phone number, the business of this trip came to mind.

"President Fang, I am going to the United States next week to talk about IDG. Do you want the Yike team to join me?"

"So fast?" Fang Zhuo was a little surprised.

"It's better to discuss the intention, but after all, it is a joint acquisition, but I went there..." Xiong Xiaoge wanted to make things clear.

"Then Yike should wait a little longer while you, Mr. Xiong, are doing things." Fang Zhuo said with a smile, "If something goes wrong with your work, Mr. Xiong, the worst we can do is that Yike doesn't vote in."

Xiong Xiaoge took a sip of tea and said, "Mr. Fang knows how to sound unpleasant."

He talked a bit about the recent communication with IDG America, and he would move forward only after making some progress.

Fang Zhuo listened for a while without commenting too much. When Lao Xiong determines the size of the acquisition funds, he plans to use part of the funds for equity investment with MIGA funds.

It was approaching noon, and Fang Zhuo was still in charge today.

However, today in addition to Yi Ke and Gaode, there are also some friends in the capital such as Xiong Xiaoge, Wang Yan, Zhang Xiaolong, and Zhang Chaoyang.

Now that I'm in the capital, there's no reason not to see him.

"It's almost time. I guess it will be crowded soon. Yike and Sohu will also have search cooperation. Come on, let's go down to greet you and get some fresh air." Fang Zhuo glanced at his watch. It was already eleven. At half past three, the morning's negotiations with Gaode also came to an end.

Xiong Xiaoge is incompetent.

Fang Zhuo's time estimate was accurate. As soon as he came downstairs, he saw Sohu Zhang Chaoyang and Sogou Wang Xiaochuan in high spirits.

Compared with the naughty attitude of the last meeting, Wang Xiaochuan may have realized the true value of mobile Internet, or he may have been pressured by Zhang Chaoyang, but this time the meeting was much more pragmatic.

However, they went in first without much chatting at the door of the hotel.

"Your ecology is really comprehensive." Xiong Xiaoge couldn't help but sigh, thinking about the scale of Google.

"Actually, just do a few key things well." Fang Zhuo replied.

While the two were talking, Gaode's Hou Jun, Cheng Congwu, shareholders Shen Nanpeng, Chen Liwu and others all arrived.

The entrance to the hotel was just getting lively when someone suddenly greeted Mr. Fang from the other side and hurried over.

Fang Zhuo took a look and smiled at Hou Jun and others: "You guys chat first and meet a friend."

Hou Jun and Xiong Xiaoge exchanged pleasantries, and when they saw the exchange on the other side, they couldn't help but say: "Who's that over there?"

Chen Liwu of Walden International was very familiar with the semiconductor industry and replied casually: "It's Yang Weiyi, the president of Morningstar Semiconductor."

Shen Nanpeng immediately looked at senior Chen Liwu seriously.

Chen Liwu suddenly came to his senses, stopped what he was about to say, and backed off: "Morning Star and Mr. Fang's ice cores have always cooperated well. We can meet by chance today. It is indeed fate."

At this time, Xiong Xiaoge also said: "Let's go up first and stop crowding at the door of the hotel."

Hou Jun withdrew his gaze and followed a group of people to the banquet hall in a lively manner.

However, Cheng Congwu next to him had an idea in his mind. Mr. Fang seemed to be a shareholder of Morning Star. Morning Star's stock price seemed to be not doing well recently. Well, Yike invested in Amap this time...

He then thought about it, the field of semiconductors has never been popular, but AutoNavi and Morningstar are different.

"Hey, Mr. Cheng, speaking of which, I still use AutoNavi's engine in my car. How did you talk to Audi in the first place?" Shen Nanpeng noticed Cheng Congwu behind him, slowed down his steps by two steps, and asked with a smile. Gold's success history.

Cheng Congwu became energetic and talked about the previous visit he led his team to Audi.

When Xiong Xiaoge saw this scene, he turned around and met Chen Liwu's cautious eyes. He just smiled and said nothing.

What to say? It's just your wish.

What can be said? Institutions such as Sequoia and Walden are eager for Amap to obtain a higher stock price.

…

"Mr. Yang, what a coincidence, I just arrived in the capital yesterday."

Fang Zhuo and Yang Weiyi shook hands and exchanged pleasantries.

Yang Weiyi said directly: "Mr. Fang, I saw on social media yesterday that you were in Beijing. I happened to be in Tianjin, so I made a special trip here today."

"If we need anything, just call us. Why do you need to make a special trip like this?" Fang Zhuo was very polite.

When Yang Weiyi heard this, he couldn't tell what he felt in his heart.

Morningstar's stock price broke when it was listed in Xiangjiang last year. I thought it would recover after the financial crisis had a comprehensive impact on the market. Unexpectedly... the stock price continued to fall as the market developed.

Morningstar has a large market share in the field of TV chips, and has made up its mind to transform into mobile phone chips, and has long announced such a strategy.

However, such a transformation that took a lot of effort did not win the purchase from the intended customer Yike.

It's normal that they didn't purchase it. We can't even blame Yike, because Yike's entry-level models are said to have been axed. This year, under the pressure of patent litigation, they still launched two models with similar price points.

However, the mobile phone chips developed by Morningstar have not been adopted by domestic manufacturers. This year, Hanwang, Meizu and other manufacturers are using MediaTek chips.

This is very uncomfortable.

More importantly, MediaTek, a direct competitor, began to spread its products to the TV field and also received orders from some manufacturers.

Morningstar's transformation did not improve, and even the base camp was shaken by the attack.

As of June 19, Morningstar's share price on the Hong Kong Exchange was HK$20.56.

On September 9 last year, Morningstar's issue price was HK$37, and it closed at HK$35.5 on the first day, with a market value of 15.6 billion.

Now, not to mention the market value of 10 billion, it has dropped to 9.035 billion, another whole level.

If this momentum continues, Morning Star will continue to languish.

Morningstar's senior management reviewed the company's strategy and development over the past ten months. It must be said that it was greatly influenced by the Yike Department.

That year, Morningstar successfully hooked up with Mr. Fang and successfully knocked on the door of mainland TV manufacturers. This year, the basic market was shaken and the transformation was blocked. Android and TV seemed to have lost Mr. Fang's favor.

What influence does Mr. Fang have on Android? What kind of influence and actions does it have on Changhong, Meiling and other manufacturers?

Yang Weiyi did not want to speculate.

However, when he saw Mr. Fang, a Morningstar shareholder, something suddenly came to his mind today.

If you prosper by this, you will perish by this.