Chapter 216: Second Contact
Idaka had originally come to talk to Jabbs about "easy access", and he was interested in the "public power" contained in the field of travel. Unexpectedly, Mr. Jia would intend to sell the mobile phone business. It was an accident!
In 2016, the field of mobile phones has basically become a "red sea", and the competition between major manufacturers is very fierce.
Yu Chengdong, the head of Huawei's mobile phone business, expressed his opinion in the newspaper every day: only three mobile phone manufacturers survived in the end.
According to the statistics of January 2016, in 2015, there were seven domestic brands among the top ten mobile phone manufacturers in the world: Huawei, Xiaomi, Lenovo, oppo, vivo, TCL, and ZTE. Behind are Coolpad, Gionee, and Meizu.
And in the first half of this year, the situation changed. Xiaomi's sales declined, Lenovo's integration of Motorola's mobile phone business was unsuccessful, and oppo's sales increased greatly with the popular mobile phone R9. Its brother manufacturer vivo has risen with the help of online channel dividends when the dealer channel has been deeply cultivated in the Chinese market for many years.
And LETV mobile phones rely on hardware subsidies to kill in. The one who was squeezed out of the top 10 was Coolpad. LETV also holds an 18% stake in Coolpad.
By July of this year, Huawei was the only one left in the "China Cool Alliance" in the smartphone era.
Under such circumstances, Itaka is still very interested in entering the mobile phone industry.
The logic is very simple, the mobile phone industry is still a high-tech industry, and taxes are paid according to this. And mobile phone manufacturing is a typical manufacturing industry. He doesn't care if he can make money or not, as long as the industry still exists.
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The morning sun fell on the corner of the bright small conference room, Jing Gao put down the pen in his hand, and said: "Mr. Jia, I am very interested in LeTV's mobile phone business." What is the exclusivity agreement?"
Liu Hong breathed a sigh of relief in his heart. From his point of view, LeTV's mobile phone business has suffered serious losses, and this is a heavy burden. It's good to get out of the way.
And the money from the sale of the mobile phone business is enough to tide LeEco through the difficulties. LeEco phones can sell for at least $5 billion.
It's still Lao Jia's high level!
Jabbs put his hands together, rested on the glass conference table, and said passionately: "Mr. Jing, LeTV has seven major ecosystems. Based on the Internet cloud ecology. The mobile phone ecology is a very important part of LETV's ecological counter-innovation.
User-centric, through terminal mobile phone hardware, LETV applications, LETV, content platform, cloud platform and big data, forming a closed loop.
Therefore, I hope that after Mr. Jing gets the mobile phone business, he can continue to maintain close cooperation with LeTV's major ecosystems. β
I'll go, Jabbs's words are too well packaged.
Idaka didn't understand.
Liu Hong smiled bitterly in his heart and explained: "Mr. Jing, we are currently at war with major video websites. For example, our LETV TV,It can only play LETV-related programsγ
What Lao Jia means is that LeTV mobile phones can be sold, but they have to stay in the same camp as us. Mobile Internet is currently a major trend. LeEco doesn't want to lose this user portal. β
Jing Gao nodded and said, "If it's an exclusive agreement, I hope it will only be signed for three years." Priority cooperation agreement, I can accept. β
The exclusivity agreement is: when 360 and QQ were in the war, only one of the two software could be installed. It's not friendly to that. He will receive it for three years at most. If you cooperate, it's okay to take a long time.
Jabbs frowned slightly, and communicated with Liu Hong silently.
At this time, Qiao Shuang handed over a note, which read: Mr. Jing, according to the "2016 China Unicorn Enterprise Valuation Top 300" released by iResearch on July 1, "LeTV Mobile" ranked 15th, with a valuation of 5.5 billion US dollars.
The acquisition of LeTV's mobile phone business is a bigger deal than buying LeTV Sports. Xiao Qiao's mood is a little excited!
After a while, Jabbs smiled and said, "Mr. Jing, let's talk about the details later." Let's make an appointment for the next meeting. Then, find a place to drink tea, and I will introduce you to a few friends who are engaged in media. β
Although Phoenix Film and Television is small and has been established for a short time, it is very famous in several circles over there in Chinese opera.
At present, LETV is still at its peak. Almost half of the entertainment industry is a shareholder of LeTV Pictures. It is a star company in the circle. The "Small Times" series of movies, which collects IQ tax, is the representative work of LeTV Pictures.
At the same time, Zhang Guoshi is currently signed with LeTV Pictures. Like Guo Xiaosi, Huang Xiaoming, Pingxi Wang, National Daughter-in-law, and Zeng Xiaoxian are all shareholders of LeTV Pictures.
Jing Gao said happily: "Okay." β
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The lunch was eaten in a private dish in a courtyard, and the environment was very quiet. The guests are Su Xian, editor-in-chief of Harper's Bazaar, Zhang Zhao, CEO of LeTV Pictures, and Liu Tao, who became popular because of Ode to Joy.
After eating a meal, these people are basically touting Jing Gao: young and promising, surging after the waves, and so on.
The delicate and shy Guan Yujia is defaulted to being a woman with a high level of wellness, and she is also complimented by emphasis. She didn't refuse, and she didn't refuse.
What's more interesting is that Jabbs, who talks endlessly at the negotiation and podium, is reticent at the dinner and seems to be a bit socially phobic.
"Mr. Jing, goodbye!" Outside the courtyard, Jabbs took his cronies Zhang Zhao and two escorts to bid farewell to Jing Gao and the three.
"Goodbye!"
Jing Gao shook hands with Jabbs and said goodbye, took Xiao Qiao and Guan Yujia to sit in the black Rolls-Royce, and leaned slightly on the seat. I just had a drink at the wine table.
Xiao Qiao and Guan Yujia chatted hotly, "Guan Guan, I didn't expect Sister Tao to be so well maintained at the age of thirty-nine." β
Ode to Joy has been very popular since it aired. The five actresses are known as "Ode to Joy and Five Beauties". The two of them are chasing stars today.
Jing Gao smiled and shook his head, slightly pensive.
Today's second contact with LeTV has made substantial progress. He can see that LeEco is very, very expensive. Not only is he willing to sell the "sub-ecology", but Jabbs, who has social phobia, also personally organized a game to entertain him.
From the point of view of the online article, he should have failed as a god today, and it should be when Jabbs proposed to sell the mobile phone business, he waved his hand and bought it! $5.5 billion is a fart? Shenhao is not short of this money.
How cool is this!
But really commercially, this is not possible. Today's talk is just to say that both sides have a relatively strong willingness to close. The next step is to do a company investigation and financial audit. Otherwise, LeEco said that it would sell for $5.5 billion, and you would give so much?
Then others will only treat you as a fool! Money is spent, and you don't get respect.
Since LeEco's lack of funds is so serious, he can wait and take the opportunity to lower the purchase price.
It is also impossible for the mobile phone industry to die in two or three years. Mobile internet has become widespread, and smartphones have become a necessity. I used to bring a bunch of things when I went out, but now I just have to bring a mobile phone and keys.
It's just that compared to the bargaining price of dozens of dollars for buying something, this is hundreds of millions of dollars and hundreds of millions of dollars!
What Jing Gao didn't know was that his idea avoided the risk caused by LeTV's huge loss!
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was chatting, Guan Yujia, who was sitting next to Jing Gao, said in a coquettish tone: "Mr. Jing, you are so amazing!"
Jing Gao said: "What do you say?"
Guan Yujia said with admiration: "Mr. Qiao contacted the fashion magazine in the magic capital before, and he had to borrow Professor Wei's favor to meet the editor-in-chief of ELLE Xiao. Today, I met directly with the editor-in-chief of Harper's Bazaar, Su. β
Jing Gao shook his head with a smile and said, "Xiao Qiao, if you are going to negotiate with LeTV, I will call Cao Danqing and transfer her back to be responsible." In addition, since LeEco's Yidao is out of control, we continue to quote from Uber. β
He's a bit of a bad character. Since he is optimistic about the field of "shared mobility", he wants to do it. And not half-way.