In the conference room, the shareholders and senior management of Qingmu were sitting, Li Feiteng held a plan book, and said: "After the establishment of the new group, the development and expansion of Google as the business headquarters and the unified management of the business department, Qingmu Company is the first member to join the Google Group Division, according to the division of market level, Qingmu will be the largest branch of the Asian division of Google Group. ”

"Kiyoki operates independently, accounts independently, and the decision-making power is decided by Google headquarters, but if Kiyoki develops unfavorably in the future, it will be completely dominated and controlled by the business headquarters. ”

Li Feiteng paused for a while and said: "At present, the management of Qingmu Company remains unchanged for the time being, and after the completion of the merger, I will recommend Hou Jianhua as the general manager of the Asia Business Division." ”

The newly established Google Group will set up a number of business divisions based on market size, product categories, and geographical divisions.

Kiyoki has the most well-known brand in Asia and has a wide range of products, so it can only establish an Asian business unit by region.

Hou Jianhua served as the general manager of the Asian affairs department, and his rights were actually weakened, but if in the big picture, the weakened rights would have more resources than before, and he also re-embarked on the road of career upgrading.

This is also the purpose of Li Feiteng's unification, because he will not divide shares to the management, so he can only expand the scope of promotion of the management through the establishment of the guò business department, which not only merges resources, but also improves the competitiveness of the management.

It seems to be very complicated, but the actual merger structure is even more complicated, Li Feiteng has a headache for these, and he now has to consult a lot of management experts every day and personally sign some contract documents. For the establishment of each department. are strictly checked and all kinds of precision considerations.

A large group. The newly established Google Group is really a large multinational group, which will set foot in every corner of the world in the future, as long as there is an Internet, Li Feiteng will have to plug in only one foot in it, even if there is no network conditions. He also wants to imitate Google in his previous life, and spend money to create Internet access conditions for those backward areas, so that they can become Google users and experiencers!

After Li Feiteng finished the meeting with great effort, he received a call from Page and rushed to Google for a meeting.

Almost, from the day he decided to establish the group, until today, Li Feiteng has never stopped, and has rested for a day. He was so busy that he forgot to smoke and worked until the early hours of the morning drinking coffee every day. All kinds of texts are working overtime to read.

The big boss is like this, and the people below are even more busy.

Google is the busiest, just merged with Soxin, and caught up with Li Feiteng's unification plan, Page and Brin are very busy, but they are as excited as Li Feiteng, because the rapid development brought by the merger is like a big fish eating a small fish, growing rapidly at a speed that is visible to the naked eye!

Netizens around the world are talking about Li Feiteng's big move with relish.

"Google is so powerful, just after merging the search, and then to absorb Qingmu, it seems that we can use Google accounts in the future, log in to Qingmu. An American netizen left a message on Qingmu.com.

"I heard that Qingmu is the No. 1 website in China, and after the merger, we can learn more about the culture of the East. A British netizen left a message.

"Long live King Lee, after reading Google, there is really hope to surpass Yahoo!" a Chinese netizen commented.

Li Feiteng didn't have time to read this information on the Internet, but he could imagine it.

Google's overtaking of Yahoo is certain, and since the full merger with Soxin, Google has reached 12 million registered users.

On the surface, Li Feiteng's deduction of registered users is several times more than Google's, but Google uses a real-name email system, and the netizens in Huaxia and Magnesium Country are too different, and foreigners rarely register repeatedly.

In terms of traffic, Google's average number of active users last month was 40 million, while the monthly active number deducted was only 30 million.

The main thing is that the deducted turnover has been left far behind by Google.

Google mainly relies on advertising and technology licensing to make money, and does not develop any real products.

This month, Google and Yahoo signed an advertising contract to pay Google $4 million every quarter!

And a year is 16 million US dollars, equivalent to 130 million yuan!

In other words, Google is expected to exceed $20 million in turnover this year.

Longteng's January-October turnover was only $5 million, only a quarter of Google's.

The 10-month turnover of Qingmu Portal is 12 million US dollars, which is also nearly half less than Google.

Even Yahoo, an equally legendary portal company, had to choose to cooperate with Google because it gave up on the search engine research.

However, Yahoo is really strong, and in 1994 it spent $5.7 billion to acquire GeoCities, which it bought for $3.57 billion in 1999.

Of course, Yahoo can have these capitals, all of which are supported by the consortium behind it, such as the magnesium country fund management company and SoftBank Group.

Li Feiteng has no consortium behind him, because he holds the shares firmly in his hands, which is very grassroots and very slinging, but he doesn't care, because Yahoo spent so many billion dollars, and finally went into decline.

In the previous life, the two websites that defeated Yahoo, the first was Google, and the second was Facebook, because the rise of these two companies made Yahoo less and less profitable in Internet advertising, and finally had to cooperate with Microsoft.

In 2008, Microsoft tried to buy Yahoo for $44.6 billion, but Yang Zhiyuan refused, but after 2014, Yahoo's market price fell to $17 billion.

Google, which was only $6.5 billion before, will double its valuation after merging with Soxin and Qingmu!

The merger of the company is definitely not as simple as 1+1=2, the search letter is cheaply sold for 120 million US dollars, and the valuation of Qingmu before the listing is 300 million US dollars, and now the market value has fallen by 150 million US dollars, and the valuation is only 7.5 US dollars, a drop of 50%.

But even so, after the merger, can Google only be 65 + 1.2 + 150 million?

Definitely not, no matter how low the market value of the two companies is, but once they join Google, a new company full of vitality and high turnover, everyone is optimistic about Google, then Google's market value will double!

Therefore, in his heart, Li Feiteng has valued Google at $13 billion, which is a price that Qingmu shareholders must accept.

"Google Group is worth $13 billion, what do you think?" said Li Feiteng on Google's board of directors with a smile. (To be continued......)