Chapter 578 The Transformation and Upgrading of Baibao.com
This is not the focus of Long Yu's attention, because due to the acceleration of domestic Internet infrastructure construction, the growth of domestic Internet users is very large, and it can even grow to the scale of a small and medium-sized country in a few months.
From this background, the e-commerce market as a whole is growing and growing, and even if Taotao comes in to get a piece of the pie, the growth of Baibao.com can fully meet expectations.
The real key lies in Li Feng's business model and his vision, which is what Long Yu is most worried about.
Li Feng has always been known for his business model, and none of the fields he has entered have failed, and in the subsequent market reaction, he has fully verified his correctness at the beginning.
When facing the opponent's encirclement and interception, he can import the entire market in a new direction through the upgrade of the mode, so that the opponent's attack will fail.
If Taotao starts to upgrade its business model in the future and leads the new development of the e-commerce industry, then its potential will be very huge, and it will not be easy to limit it.
"We also have our plans on Baibao.com, and I think we still have to learn from Li Feng, make a bigger layout, and establish our entire Internet system. Long Yu said, "We have always focused on the construction of the e-commerce system, and we have not understood that the entire Internet industry is highly integrated, and each project can produce a good complementary effect." Li Feng saw this precisely because he was able to quickly connect various projects in series to form a huge Internet group company. ”
"So in the future, Baibao.com will also develop in the direction of the group company?" Xu Jinlin said, "If this is the case, it is also what we are happy to see in Dahua Fund." Judging from the development of the Internet economy in the past two years, traditional Internet companies tend to stick to one place and conduct innovative research in their own territories, but the current new Internet companies focus on strategic layout and build their own business territory in a broader scope. Judging by the comparison of the two models, the latter seems to be more competitive. ”
"This is the fundamental trend of Internet development, but I woke up later than Li Feng, did not recognize the company's real development strategy, and still stayed at the tactical level. Long Yu said, "Next, Baibao.com will start our overall industrial layout, that is, we will not only be based on the e-commerce industry." At present, UOB Fund Company is also entering the field of Internet economy, and I believe that your research on the Internet industry is deeper and more thorough than ours, and there are not a few companies that you have invested in. Therefore, I hope that in the future, we will continue to strengthen cooperation and strive for mutual benefit in the layout of the Internet industry. ”
According to Long Yu's idea, he also wants to build several Internet business groups and lay out the entire Internet industry. Therefore, on the one hand, the company should also set up an investment fund to absorb a number of Internet companies in the form of investment and shares, and integrate them into its own system. On the other hand, it is necessary to increase project development efforts, and invest manpower and material resources in active research and development for some areas that they are particularly optimistic about.
Whether it is an investment or a new project development, it needs to be supported by huge cash flow. This is also the real reason why Baibao.com has not fired in the e-commerce war for a long time after getting a lot of money.
"If that's the case, we at UOB Fund can share it with you in the investment field. Some of these projects can be invested in together and integrated into the overall layout. We can even use the joint way of two companies to control the new investment project, and the actual controller can be Baibao.com, which is no problem for us at all. Xu Jinlin said, "We are fully optimistic about the future development of Baibao.com, your company has grown, and our dividends are naturally more, which is very beneficial to both of us." ”
"Okay, then next, after the establishment of our Baibao.com investment fund, we will share information and joint investment with Dahua Fund Company, use our technical advantages and Dahua Fund's channel advantages, and strive to hold a number of high-quality Internet companies as much as possible, and incorporate them into our Baibao.com ecosystem, in the next year, we also intend to go in the direction of the group company, and in the future we will establish Baibao Group, based on the whole Internet industry chain. ”
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Since Lin Yuting went to the United States, she has been tracking the progress of several projects of Fred, the general manager of Ocean Fund Investments.
After a period of observation, Lin Yuting found that these projects are indeed inextricably linked to the Global Mall.
At the moment, there is only a little more than a month left before the gambling agreement between the two sides, and everything will soon be clear. Judging from the current situation, the 10 million US dollars of the overseas investment department of the Vanguard Fund has a valuation of more than 50 million, while the total valuation of several projects invested by Fred has exceeded 60 million, and the gap is constantly widening.
This made Lin Yuting feel that if the truth of the matter was not really revealed, then the Pioneer Fund Company was very likely to lose this gamble.
So she called Jin Wenyan and decided to discuss the next countermeasures.
"Brother Jin, we have sorted out the current situation, Fred's kid is suspected of being greasy, but we don't have strong evidence. With just over a month left until the end of June, the next step is not only to continue to increase the value of our investments, but more importantly, to expose Fred's misdeeds. ”
"This matter is indeed very strange, with Fred's investment ability, it is impossible to increase the investment of 10 million US dollars to a valuation of 60 million in half a year, even if he gets the internal staff of Ocean Fund, he will not be able to do it at all. So these two projects, I think they were traded at a cheap price, and Fred must have reached some behind-the-scenes conditions with them in order to get a stake in these two projects at a very low price. Jin Wenyan analyzed.
"Do you think we should disclose this information to media reporters?" asked Lin Yuting.
"I think we're almost ready for the materials, we don't have much time until the end of June, and it's time to get out there. Jin Wenyan said, "American financial reporters are much more powerful than the paparazzi in the entertainment industry, they have a strong information network, so as long as some basic information is revealed, I believe they will soon be able to dig out some interesting news." ”
"Okay, then we'll entrust a few of your friends in the investment circle to share the materials we have collected, and the reporters in the press are very sensitive, and I believe they must know the news value in it. Lin Yuting made a decision.