Chapter 479: A New Target for Korn Ferry Investment
After inspecting the Guanghui Research Institute, Jiang Hui then went to the school intranet and Meituan.com.
These two companies have just raised a lot of money, and it is necessary to plan how to further strengthen themselves and be fully prepared for the listing at the end of the year.
However, after the financing of these two companies, SoftBank, IDG, Sequoia Capital, etc. dispatched a group of elites, but Jiang Hui did not have to work too hard. Speaking of which, this is one of the great benefits of financing. Of course, if you meet an entrepreneur with a particularly strong desire to control, then this is not a good but a disadvantage.
After that, Jiang Hui successively went to Tudou, Guanghui Weibo and other companies to confirm the arrangements for this year's promotion projects one by one, and finally came to Guanghui Investment.
In the past two years, Guanghui Investment has slowly gained its own reputation in the Celestial Empire. Ordinary people may not know what it is, but the elites of the Celestial Empire Internet know the power of Radiant Investment.
Since the establishment of Guanghui Investment, it has completed a number of acquisitions with Jiang Hui, and now it also directly holds shares in many express companies such as Yunda, and is also the major shareholder of many companies such as OFILM, as well as the island country of Ogiwara, which is under negotiation. In the future, Korn Ferry Investment will be a giant existence.
"Lao Guan, during this time, you have understood the movements of the group's various enterprises. Guanghui mobile phone will be launched at the end of the year, except for the app in our own development, there are two more important applications."
"Mr. Jiang, I will shoot wherever you point! If there is any new prey, you can tell me at any time, and I promise to catch it back."
"Haha~ I don't have to worry about you doing things. Now there are two more important applications, one is the mobile browser, and the other is the mobile map. In my mind, smartphones must have these two exclusive apps, but we don't have them yet, so in order to launch them quickly, it's better to buy them."
"In the case of mobile browsers, don't you just have access to the Internet, you can log in to various websites, do you still need a special mobile browser?"
"That's different, it's like a weapon, you have a rifle, what do you need a pistol and a machine gun for? Nowadays browsers are developed for computers, and the browsers that our Brilliant phones need are a little different. If you use a browser directly on your computer, the experience will be very poor."
"Also, my current mobile phone can actually access the Internet, but I don't have the desire to continue operating the interface."
"That's the reason, so we need to have a special mobile browser, a browser that works perfectly with our Android system. I noticed that there is a small company in Wuyang that is developing mobile browsers, and it would be much easier if I could buy them directly."
Looking back on the development of mobile browsers, there will be three stages: in the initial stage of mobile Internet, the first generation of browsers is mainly to solve the problem of people's Internet speed and saving traffic; with the diversity of network content, the second generation of browsers gather search, video, etc., to provide users with the convenience of obtaining various information; the third generation of mobile browsers is based on big data to achieve accurate recommendations, so that information is more accurately connected to people.
At present, it is in the early stage of the first stage, and there is only Wuyang UC in China, and Jiang Hui thought of it when he was preparing to hold a senior management meeting of Guanghui Group.
In October 2004, UC Browser was just launched, in that era of "claw machine", the first version of UC Logo announced to us that mobile phones can also access the Internet, and in June 2005, UC launched the second version of Logo, and the eye-catching icon indicates that the mobile browser is realizing the leap from ap to eb.
Later, UC Browser became the world's most used third-party mobile browser, and was heavily acquired by Alibaba.
"Mr. Jiang, when you say this, I have some images, it seems to be a company called UC, right?"
Guanghui Investment is a domestic venture capital that is more enthusiastic about investing in Tianchao Internet, and many projects will find Guanghui Investment to raise funds every month, so it is not surprising that Guan Weidong has heard of the name of UC.
"That's right, it's them."
"This company should have been established for a short time, and the scale is relatively limited, and now is the time when there is a shortage of funds. It may be difficult to acquire 100% of them, but I am still very confident in taking a controlling stake in them."
"Well, that's up to you."
"Mr. Jiang, when you just talked about maps, I paid attention to a company that does map services, called Gaode. But they haven't touched on the mobile app yet."
AutoNavi's entrepreneurial team has been involved in the field of GPS since the 90s of the 20th century, in July 2002, after the establishment of AutoNavi Software Co., Ltd., under the leadership of AutoNavi's founding team, AutoNavi's R&D team has gone through arduous exploration, according to the characteristics of the national basic map data at that time, after half a year, finally developed a set of data collection tools and editing and processing platform with independent intellectual property rights.
The exploration and innovation of technology has brought business opportunities to AutoNavi. In August 2002, AutoNavi established a joint venture with Aisin A, Fuji Ten and other companies to establish Adfi Navigation Technology Co., Ltd., and began to devote itself to the development of the sales market of vehicle navigation electronic maps.
In June 2004, AutoNavi became the first private enterprise in China to obtain the Class A surveying and mapping qualification of navigation electronic map, and passed the ISO9001 certification. After obtaining the Class A surveying and mapping qualification, AutoNavi began to collect data on a large scale and gradually built a high-quality database.
In August 2005, AutoNavi began to provide navigation electronic maps to BMW, Honda and other models.
It can be said that by the beginning of 2006, AutoNavi had gradually gained a firm foothold.
If there is no Korn Ferry Investment, in October 2006, AutoNavi will complete the first round of private placement financing of 40 million US dollars, including Sequoia Capital, KPCB, Walden International, Legend Investment and other well-known venture funds at home and abroad. The valuation is about one billion yuan.
If Guanghui Investment starts to negotiate with AutoNavi now, it is estimated that it will be more difficult to acquire a wholly-owned company, and it is no problem to be a major shareholder, but this also depends on Weidong's negotiation level.
"That's what I'm looking for. The map industry needs time to accumulate data, and if we start a new project, it is impossible to achieve much success this year. But based on AutoNavi's current data, it would be much easier to develop a mobile version of the navigation map."
"But there's one flaw, and that's the speed. Now it's a 2G network, and without IFI, it should be more cardinal."
"It's not a big deal, we can let users download offline maps, which is the same as car navigation. In the future, when the network speed goes up, we will add some more features."
"Yes, then I will immediately contact the management of AutoNavi and strive to complete the acquisition within April this year."
"Well, we must get it done in the first half of this year, otherwise we may not be able to catch up with the listing of Guanghui mobile phones."
(End of chapter)