"Sequoia Capital just called to ask if we needed integration, and I just received a financing proposal from Sequoia Capital to provide 100 million to 200 million soft girl coins for Yigou. ”

Qian Yi reported to Xiao Ming.

“I…… IDG also sent a letter saying that they were very interested in Yigou and that they were willing to help Yigou get out of the predicament. ”

Qian Yi's hands trembled a little, "IDG said that Yigou has met the conditions for Series A financing, and they can provide 2 to 30 million meters of funds, and if we have capital needs, we can submit a business plan first." ”

"Goldman Sachs, Carlyle, Morgan Stanley also showed great interest in us, they didn't provide specific funding, but showed that we can always talk to them if we have difficulties. ”

For these investment firms, throwing cash away is like fun.

Translation dogs with translation technology are like a piece of dough that has not yet risen, attracting a large number of investors who want a piece of the pie.

"It's not good news. Xiao Ming said: "Investment institutions usually ask for 20% to 25% of the shares of startups, which means that the valuation of Yigou has reached about 1 billion soft girl coins, which is several times higher than Huawei's conservative valuation." ”

"Sister Qian, what is your opinion?" Xiao Ming asked Qian Yi, who was born in finance.

Qian Yi said: "As far as ordinary startups are concerned, they are willing to raise more funds because it will ensure that they have enough time to hold on to the next fundraising. But financing is a CHUN medicine, and according to the analysis and cases of countless companies, no matter how much you finance, you will spend it in 12 to 18 months. ”

Xiao Ming nodded, "For Yigou, there is no difference between our financing of 10 million and financing 100 million, and no matter how much money we burn, it can't compare to Youdao." So, these emails are just a pleasure. ”

Xiao Ming enacted a misplaced competition law for Yigou, and Youdao opened up a free travel assistant business in the island nation and South Korea. Xiao Ming asked Ma Yanjun to open French and German.

As long as the server can afford it, Xiao Ming will continue to open popular areas for Xia people to travel, such as Southeast Asian countries to launch travel translation assistants in small languages.

Yigou's strategy is not to dominate the entire market, but to survive under the strong oppression of the other party.

The company's operation reached a critical juncture, Ma Yanjun and other employees held their breath in their hearts, took the initiative to work overtime, took the initiative to complete the task, and did not even talk to Xiao Ming about any conditions.

A company that has only been established for a few months and can compete with Netwing must be a company with considerable potential.

In just one day, the language bank for elementary French and German was set up, and although it was not enough to complete the translation of papers and materials, it was enough for the daily users of tourists.

This effect is really good, in the competition with Youdao, the number of downloads of Yigou exceeded 1 million again.

Xiao Ming then promoted the second step of the plan, opening a language library of small languages in Southeast Asian countries, so as to facilitate Chinese people to travel to Southeast Asia.

Xiao Ming did this to see the National Day and Spring Festival markets after the summer vacation, when the warm Southeast Asian countries were very popular.

Immediately after that, Yigou launched the third step of the survival plan, changing the travel translation assistant from 100 yuan/7 days, 120 yuan/10 days to 100 yuan for a season of activities, and one account segment can run on three devices. In the tourism market of island countries and South Korea, which is touched by Youdao, the members of Youdao are discounted by 7%.

In fact, how many people travel abroad twice a year? The change in the charging method is just a gimmick.

But consumers just like this gimmick and feel that there is a bargain to be taken advantage of.

In this way, a rather peculiar scene appeared on the Internet.

Youdao spent a lot of energy to exterminate Yigou, but Yigou is still alive, and the number of downloads has increased slightly.

The famous financial V watched this scene on Weibo and was amazed, and commented: "Yigou uses classic guerrilla tactics to open up a market where Youdao is not available. ”

But Youdao will not give Yigou more opportunities, it followed up, announcing that five Western European countries and Southeast Asian countries will open a travel translation assistant service at the same time, which is also free.

Ma Yanjun looked at the announcement of the translator of Yigou and was quite speechless, "Spend such a price against a small company, as for it?"

"I always believe that the number of professional translators is limited, and now that the summer vacation is a hot market, I don't believe that there are tens of thousands of translators waiting for consumers to call every day. Xiao Ming said with a smile, "We just need to do this, and we don't have to spend money to grab the market." ”

Sure enough, Xiao Ming expected it.

The translation of Youdao Travel Assistant is a machine translation and human translation assistance.

It is mainly machine translation, and when you encounter a problem that cannot be solved by machine translation, you can call the voice service phone and ask for manual access.

One is a cold machine, the other is a human who can communicate, and the user of course chooses to enable human translation.

The next scene is playing out in the island nation and various countries in Southeast Asia.

Traveler Xiao Wang was enthusiastic about spending money in a bar in the island country, this time it was just him and his friends, there was no translator, and Xiao Chen was ready to use the human translation of the Youdao software.

"I'm sorry, the human translator is busy, please be patient, the number of people in line is 112, and the estimated queue time is one hour and twenty-eight minutes. ”

Xiao Chen: "Labor ......"

I called the human translator again, and the reply was still "I'm sorry...... The queue is 132 people, and the waiting time is expected to be one hour and 42 minutes. ”

"Xiao Chen, your translation software is unreliable!"

In front of his friends, Xiao Chen was very embarrassed.

In desperation, Xiao Chen had no choice but to use Youdao's mechanical translation.

The waiter was busy and took the initiative to ask, "Do you want beer, fruit wine, or a simple cocktail?"

The U-Dao software began to translate automatically: "Does the gentleman want a mansion, a drink, or a cocktail?"

Since the pronunciation of Japanese beer and the building is more similar, the mentally handicapped machine turned into a seat by himself.

Xiao Wang, who couldn't bear it, used hand typing to translate, so that the other party could understand what it meant.

If you use hand-typed machine translation, an ordinary web page translation can be done, why use U-Dao, and what is the competitiveness of U-Dao?

The blind expansion of Youdao Translation has made users and netizens vomit one after another.

"Waiting for two hours for a human translator, what do I want you to do!"

"It's the same with English translation, I'm in a hurry to use a paper, and I'm waiting in line until a week later, what's the point of being free like this?!"

After experiencing the low tide, the dog was still not pressed to the floor and rubbed, but lived strongly.

Xiao Ming even added a new feature to Yigou in a wicked way - to find fault with Youdao translation.

If the user uses the Translator Dog software to find out the translation errors, find a place that can be redeemed for a one-day travel membership, and find ten places that can be redeemed for the opportunity to translate a paper.

At the same time, Xiao Ming dropped the second bombshell to the Android app market - Ozawa voice assistant.