Chapter 173: Google that is not bad for money
"I heard that Google is preparing to go public on the Nasdaq," Mr. Jiang said.
"It's an open secret, and an IPO is expected to take place this year," Jack said.
"Recently, Yahoo abandoned Google and developed its own search engine independently, which must have had a very big impact on Google, right?" Jiang said.
"Mr. Jiang, this has nothing to do with today's negotiations, right? Let's get straight to the point and talk about the acquisition of Hao123," Jack said.
"It has a relationship, how can it not be related. Everything is actually related. Google was preparing to go public, but it was betrayed and sniped by Yahoo on the way, and its market share was declining. As one of the most concerned markets in the world, if Google can increase the market share of the search engine in the Celestial Empire market, it should be very helpful for a smooth listing, right?
"Mr. Jiang, you are very smart, any company acquires another company, it must see something useful for itself, and Google is naturally no exception. For Mr. Jiang, it is not of much use to keep Hao123 in his hands, and he gets the millions of advertising fees every month, and there is not much in a year, so why not take advantage of a buyer to hurry up?", Jack said.
"Hao123 has been working with Yahoo recently, and Mr. Jack, as the vice president of Google Asia Pacific, must be aware of the rapid development of Yahoo Search in the Celestial Empire in the recent period," Jiang Hui said.
Jiang Hui's words poked Jack's pain point, and Google's Asia-Pacific region has been severely criticized by the headquarters because its development speed cannot catch up with Yahoo search. The world's No. 1 search company has fallen to the third place in the Celestial Empire's market share, and it is sad that the headquarters will be furious when it sees this data.
"That's why I know it, so I'm Hao123, and in fact, selling a search company can better realize its value, and other companies won't pay a high price for such a simple navigation page," Jack said.
"How much is Google willing to pay to buy Hao123? Can it be exchanged for a stake in Google?", Jiang said.
"Mr. Jiang, Google is a large company with a monthly revenue of $200 million and an estimated market capitalization of tens of billions of dollars. You'd better get the right price and get the cash for something else," says Jack.
"Google earns $200 million a month and is expected to have a market capitalization of tens of billions of dollars. Hao123 earns more than one million yuan per month, and according to your valuation method, it is expected to have a market value of two or three hundred million. Acquisitions are often about premiums, so how much can Google accept?", Jiang said.
"Mr. Jiang, not every company is as great as Google, and the valuation of Hao123 you just said is completely unreliable. In this way, I heard that when you bought Hao123 at the beginning of the year, you spent 22 million yuan and 2 points of intranet shares, so I will count you to spend 30 million. Google doubled and was willing to pay 60 million to buy Hao123. In a month, you have achieved 100% profit, Mr. Jiang, you can be regarded as making a lot of money," Jack said.
"Hehe, sixty million, sorry, I don't lack sixty million right now. If that's Google's sincerity, then we can end today's negotiations," Jiang said.
"Mr. Jiang, 60 million is not low, and there are not many Internet companies in the entire Celestial Empire with a valuation of more than 60 million, why are you not satisfied?" Jack said. 、
"Mr. Jack, I should probably ask Yahoo how much they are willing to spend 60 million to buy Hao123, we have been working with Yahoo recently, and they have the most say in the role of Hao123," Jiang Hui said.
Now this time is the time when Yahoo and Google's teeth are the deepest, not to mention Yahoo is okay, as soon as he mentions it, Jack gritted his teeth with hatred, but there is not much to do, and now Yahoo is a giant bigger than Google. Although in the end Google will take this giant down, that will be a matter for the future.
"Mr. Jiang, can you tell me how much you want to sell? As long as it's not outrageous, I can try to communicate with the headquarters and try to meet your requirements," Jack said.
"If Google can give a point of shares, then I don't need a penny of cash. If Google wants to spend only cash, you'd better go back and see how much you can come up with, and we'll talk," Jiang said.
"Mr. Jiang, 80 million, Google can buy Hao123 for 80 million, as long as you agree, we can immediately prepare to sign the contract," Jack said.
"Mr. Jack, do you think I'm the one who is short of 20 million?, you better go back and report and we'll talk. I can reveal to you that if Google acquires Hao123, then Google Search's market share in the Celestial Empire can surpass Yahoo in a short period of time and approach Du Niang. You can imagine how much of an impact this has on your company," Jiang Hui said.
"Mr. Jiang, I understand what you mean, I will contact you again as soon as possible," Jack said.
Jack probably also saw that Jiang Hui is now waiting for the price to sell, Du Niang, Yahoo, and Google all want Hao123, it depends on who has the highest price, and now Jiang Hui has not received the latest quotations from each family, and he will definitely not promise himself or anything immediately.
……
Sending away Google and his party, Jiang Hui picked up the teacup and drank a few big sips, he had been planning for so long, the fish finally took the bait, and if it was not good to kill them, Jiang Hui would not transfer Hao123.
"Mr. Jiang, I think you can consider first Yahu to reveal that Google and Du Niang are going to acquire Hao123, so that the three of them compete, and you can reap the benefits of the fisherman", Tang Wenwen read it for an afternoon, and he could see that the name was coming, and he made a suggestion to Jiang Hui.
"Hehe, this is a good idea, Hao123 is now the emperor's daughter, and it depends on which of them has a high bid", Jiang Hui said.
"Mr. Jiang, do you think which of them will have the highest offer in the end?", Fang Dawen asked.
"If you only look at cash, it is estimated that Google will open the highest, followed by Yahu, and Du Niang the least. But Google will definitely not give up its shares for Hao123, not to mention that now they have reached the critical moment of listing, and the share change is very troublesome, so with the virtue of Lao Mei's gang, they will not use their own company's shares to exchange for shares in a Celestial Empire company, even if they are optimistic about this company," Jiang Hui said.
"Then which company do you think is most likely to get Hao123 in the end?", Li Shigui asked.
"I hope it's Du Niang, but it depends on their bid," Jiang Hui said.
……