Chapter 646: Gains and Losses
Before coming to Hong Kong, Kangsheng had already communicated with LinkTech, but the other party's Yanjing branch had no decision-making power, so this meeting was arranged.
In order to facilitate Chen Qiaoshan's travel in Hong Kong, Elliot left the monarch and the driver behind, and the meeting place was set at the Peninsula Hotel in Tsim Sha Tsui.
Halfway through, Tuo Xiaoxue said with a little expectation: "Isn't it afternoon tea time now, isn't it the afternoon tea at Leslie Cheung's favorite Peninsula Hotel?"
Chen Qiaoshan nodded, and asked with a little curiosity: "What, do you like Leslie Cheung?"
"Do you have an opinion?" Tuo Xiaoxue asked rhetorically, after being there for a long time, she was already familiar with Chen Qiaoshan's temperament, and she could occasionally laugh a few words.
The driver is a native of Hong Kong, he doesn't understand Mandarin, and there is no problem communicating in English, so he doesn't worry about the conversation between the two being heard by the other party, Tuo Xiaoxue took out the documents he brought with him and said: "I have sorted out the plan, I have asked Lawyer Wang's opinion on the specific terms, and there is generally no problem, but if you really sign a contract, do you need to let the legal counsel come in person?"
"Don't be so troublesome, let's just talk about it today, even if the task is completed if the cooperation intention can be reached, the specific terms will definitely continue to be argued. Chen Qiaoshan didn't expect to swallow a fat man in one bite, and in front of interests, no one was willing to give in easily.
Fortunately, the road was smooth, the tunnel did not encounter congestion, and soon arrived at the hotel, the appointment was half past three in the afternoon, and it was only a quarter past three to the hotel, and the two sat in the car for a while, and the time was almost up, so they got off the car.
Chen Qiaoshan has always thought that punctuality is a good habit, but he has no intention of being in advance.
The Peninsula Afternoon Tea is around the entrance lobby, and although today is the Lantern Festival, the number of people in line is not small, but most of them are foreigners and locals.
Chen Qiaoshan has been here twice, and he is no longer surprised, but Tuo Xiaoxue is very curious, from Zhang Ailing to Leslie Cheung, there are too many rumors about the Peninsula Hotel, even if she just came in, she already felt that this place was obviously different from other hotels.
Looking at the idle tables and the queue in the distance, Tuo Xiaoxue asked, "Aren't there vacant seats, why are so many people queuing?"
"The hotel guests can make a reservation and those tables are reserved for them. Chen Qiaoshan knows the reason, the Peninsula Hotel's afternoon tea is very popular, but it is often difficult to find one, and some celebrities and wealthy people have set up a long private room here, and they usually do not stay, just to facilitate the reservation of a seat for afternoon tea.
Soon after entering the door, I saw a man in a suit walking towards the two of them, and when he saw the person coming, Chen Qiaoshan greeted with a smile: "Minister Li, crossing the sea has delayed some time, but it has made you wait for a long time." β
The man in the suit is Li Changyuan, the head of the Linkett Yanjing branch, and the original cooperation with Kangsheng was interviewed by Chen Qiaoshan, and the two have known each other for a long time.
"No hurry, we've just arrived. Li Changyuan responded with a pure Tianjin dialect, and outsiders listened to him and regarded him as a Chinese, but Chen Qiaoshan knew that this guy was an authentic Korean, and he studied in Nankai and ended up with an authentic Tianjin dialect.
"Mr. Chen, please come here, our president has arrived. Li Changyuan didn't say much to greet, but directly brought people to a table on the left side of the hall.
Lynk Tech is the largest Internet advertising platform in South Korea, the scale of the business is not small, has entered many markets including China, the United States, Chen Qiaoshan thought that the boss of this Internet company should be a young man, but when he saw the owner, he found that it was very different from expectations, although the other party is not old, but it is by no means young, conservatively estimated that it is also in the sixties, such an older Internet person, in China Chen Qiaoshan also only met Tan Zhi.
Chen Qiaoshan was looking at the other party, and Jin Xizhen, the head of Linkett, was also looking at him, and Li Changyuan said at this time: "President, this is the president of Tsingshan Capital." β
Jin Xizhen waved his hand, interrupting Li Changyuan's introduction, he stretched out his hand directly to Chen Qiaoshan, and said in English: "Mr. Chen, you are really young and promising. β
Chen Qiaoshan was a little unprepared, he thought that he would have to rely on Li Changyuan to be the translator, but he didn't expect the other party to understand English, and as soon as he came up, he put on an aggressive posture, he replied at the moment: "Where is it, I am also a little curious, there are really few Internet people of this age like Chairman Kim." β
Jin Xizhen naturally heard the provocative meaning in the other party's words, but he just laughed it off, and did not continue to do the battle of words.
After sitting down, Li Changyuan beckoned to the waiter, Chen Qiaoshan only needed a cup of Darjeeling, and the Peninsula Hotel chose the best grade, which was much stronger than some five-star hotels that made a fool of Nalipton.
As soon as he sat down, Chen Qiaoshan felt that this place was not suitable for talking about business, first of all, the atmosphere, there was a kind of laziness that is rare in Hong Kong, and secondly, the air was filled with the sweet fragrance of all kinds of pastries, which was really a little out of place.
Chen Qiaoshan is very unimpressed with this environment, but the place is calm by Jin Xi, and he is not picky about anything.
"Mr. Chen, Kangsheng wants to buy Lynktec's business in China, I don't know what price you can offer?" Although Jin Xizhen does not look like an Internet person, he is very direct and provokes the topic first.
"It's not an acquisition, it's a collaboration. Chen Qiaoshan corrected.
"What I mean is that the two sides want to deepen the cooperation, and as for the Chinese branch of Lynk & Cotea, it will only be merged into a new joint venture as part of the cooperation to jointly develop the domestic market in the future. β
This statement is not new, because the situation Li Changyuan has already reported to the headquarters, Jin Xizhen questioned: "Mr. Chen, our early cooperation was very smooth, is it necessary to establish a new cooperative company?"
Chen Qiaoshan said with a little disdain: "Your explosive growth in the Chinese market is based on Kangsheng's free payment of market channels, and this kind of cooperation is not sustainable, so I don't need to remind you more, right?"
The muscles on Jin Xizhen's face twitched slightly, he understood that what Chen Qiaoshan said was the truth, which was also the reason why he was willing to sit at the negotiation table in person today.
Since Lynkert and Kangsheng were bundled together, although the profit margin has risen sharply, 90% of the channels are in the hands of Kangsheng, and Linket is only responsible for advertising sources and technical support.
Jin Xizhen pondered for a moment and said, "Mr. Chen, the contract with Kangsheng can be redrafted, and we are willing to give up part of our rights and interests to pay for Kangsheng's channel fees." β
Chen Qiaoshan secretly sneered, China's online advertising, 50% of the market share is in the hands of the portal, and the rest is divided by dozens of alliances, of which Google occupies half of the country, Baidu is a rising star, the momentum is very fast, chasing Google, has secured the second place, and the rest are just in their infancy.
It is precisely because of the cooperation with Kangsheng that Lynk & Tζιter is favored by small and medium-sized webmasters, with the help of the market channels provided by Kangsheng, Lynk & Kerter took the lead in launching the CPS advertising model, which is more popular with advertisers than the traditional pay-per-click model, but in half a year, it has changed the decline of the past, firmly established in the Chinese market, although the revenue in the fourth quarter is less than a quarter of the Baidu Alliance, but according to this model, there is a great possibility of catching up.
Because of the eagerness to intervene in the market, Kangsheng gave up channel benefits, and now Jinxi Town wants to consolidate cooperation with shares, obviously not weighing the situation, Chen Qiaoshan wants more than this.
"Chairman Kim, as a partner, I would like to formally inform you that Kangsheng has developed a traditional CPA advertising system, which will be put into the market in the near future, after all, CPS is not suitable for all sites, which should not conflict with the contract we signed last year. β
Hearing this, Jin Xizhen and Li Changyuan were stunned, and the two of them glanced at each other, and the expressions on their faces were a little unsightly.
If you can do it as a multinational company, no one is good at it, since Kangsheng has made a CPA system, how difficult can it be to make a CPS?
Jin Xizhen's face was silent, Chen Qiaoshan was almost a threat, he couldn't figure it out, since he was ready to tear his face, why did he come to the door to ask for cooperation.
Think about it further, Kangsheng has mastered the market channels, and there is no shortage of technology, as for the advertiser, you can find an advertising company to replace it, and it is him who kicks Linkett away, is it necessary to go through such a lot of trouble?
Jin Xizhen had doubts in his heart, he thought about it for a long time, but he didn't guess the other party's intentions, and immediately asked: "Mr. Chen, since this is the case, Kangsheng can do it himself, is it necessary for our cooperation to continue?"
"Chairman Kim, I have always been a person who respects contracts and keeps my word, and since the two parties have signed the contract, I will definitely act according to the rules. Chen Qiaoshan smiled and gave a reason why he didn't even believe it.
Several people at the table had different expressions, Jin Xizhen was fine, he was as old as a fox, he already understood in his heart that since the other party had found him, there must be room for maneuver in the matter, but it was Tuo Xiaoxue, although his face was silent, he was secretly complaining in his heart.
The terms of the new contract were sorted out by her, if there were no outsiders, Tuo Xiaoxue couldn't help but sneer, she understood that this could only temporarily fool the Koreans, if they saw the new contract, I was afraid that they would have the heart to flip the table.
Chen Qiaoshan didn't care about anything else, and said to himself: "I believe that there is a specialization in the art industry, and the advertising alliance is not Kangsheng's main business, but since it has been done, it will sit on the top spot in the mainland market, I believe that Linkett also has this idea, right?"
Jin Xizhen's eyes flashed, the Korean market is too small, and it can't compare with China, although Lynkett dominates South Korea, but the scale is limited, if he can really occupy the Chinese market, even if he just thinks about it, his chest will be tightened, it is too tempting.
Just in an instant, Jin Xizhen had a choice, and he asked, "I don't know how you want to cooperate?"
Seeing that the other party finally became interested in the plan, Chen Qiaoshan couldn't help laughing, he knew that the Korean Yankees were moved, and this time it should not be far from the negotiation.
Chen Qiaoshan also considered that kicking out Linkett and going alone, even if it was to the court, it would just be a lawsuit to lose money.
There is really nothing to be taboo about, including the three major portals, I don't know how much legal fees will be spent every year, such as Sina, which has been in trouble recently, at noon today, because the information disclosure was not timely, and it was sued in court in the United States, which can be regarded as adding fuel to the fire of the acquisition war.
The reason why he didn't kick out LinkTech, Chen Qiaoshan also carefully considered, as the top three in the domestic CPS advertising alliance market for a long time in the future, but never won the championship, the technology must be mature, and to maintain cooperation with them, the technical advantage is on the one hand, and it is also convenient for Kangsheng to penetrate and expand.
So far, Kangsheng has only been an Internet company.
Chen Qiaoshan once heard a sentence that a domestic Internet company owns the entire Chinese market, but has lost the whole world, and he is very ambitious, so he naturally has the idea of expanding outward.
To date, Google has not officially entered China, but their affiliate ads have been passively entering the domestic market for years.
Chen Qiaoshan naturally wanted to copy Google's model, so it was inevitable to seek external partners, and Lynkett was undoubtedly the best partner. 8)