Chapter 121: Return to China
Just two days after Christmas, the northern hemisphere is still in the middle of winter, but the Internet industry has already begun to bustle.
Unwilling to be lonely, Google finally made a move, and spent 75 million US dollars to defeat Ant Search to win the picture browsing software Picasa, which is more than 3 times more than the market value of more than 20 million a month ago, and finally took a bad breath in the capital market and earned some face.
Chen Bo didn't plan to buy Picasa, but it was just a stumbling block, making the game more difficult for his opponents, and he also picked up more than 10 million dollars of wool from Google.
While Google fans were celebrating the victory, Tele Atlas, the world's largest digital map manufacturer, filed a formal delisting application to the NASDAQ and Amsterdam stock exchanges, and announced that it would be wholly acquired by Ant Search for a total price of $970 million, and it was paid in cash, and the details of the transaction between the two parties have been submitted to the European Review Committee for approval.
As soon as the news came out, it caused an uproar in many media organizations, why didn't it reveal anything at all? Is Ant going to launch an electronic map business? At present, only AOL's MapQuest provides network map services, although the experience is not good, and it is not updated all year round, users who have not used other maps certainly can't feel how difficult MapQuest is to use.
But just as they were still amazed by the madness of ant searching, Google also announced that it had taken down Keyhole, a satellite data company in Mountain View. The meaning of-for-tat is very obvious, one is a digital map, the other will have satellite photos, what kind of sparks should these products collide in the future?
Crazy, crazy, completely crazy!
At the beginning of the year, the two major search engines began to harden their anals, and sharpened their knives to aim at AOL, which was already in fourth place in the search market.
Yahoo President Semel is now in a tangled mood, spelling technology? Overture's high-priced acquisition has not played a role so far, or is it obligated to go all the way to the black on the road of online media? No one could give him a definite answer, and the two search companies stuck him in the middle, so he didn't feel bad. Even the traditionally strong mailbox business is now being overtaken, and his pressure can be imagined.
After thinking about it again, since there is a big gap in the road of technology, it is better to continue to be a media, after all, this is his Semel's strength.
Maybe Chen Bo felt that the New Year's drama was not enjoyable, and he had to give the domestic audience some strengthening, and the Wall Street Journal began to hype up the upcoming Nasdaq Maidong Music Technology Company, highlighting that this is a company owned by Ant Search.
Speaking of Maidong, I don't know much about it in the United States, because it has not officially entered the American market, because it involves issues such as copyright purchase. However, MySpace's music playback technical support is provided by Maidong. With the integration of last.fm, the ability to search for streaming music will go even further. However, Mai Dong has completely made a name for itself in the Chinese and Japanese markets in Asia, and coupled with its current good performance, it has been sought after by many investment institutions in the roadshow.
The period from the end of the roadshow to the listing belongs to the media quiet period, which means that Guan Xin can no longer be interviewed by the media, so as not to affect the judgment of investors. Although it is not an explicit rule, it is also conventional, but as long as you dare to speak out, you will not be let go easily, and the New York Stock Exchange can also allow you to postpone the listing.
She can't speak out, but that doesn't mean Chen Bo can't. Come on, the heat of ants is rubbing casually!
The official listing time is set at the end of the month, and the valuation given by investment institutions is 600 million US dollars, and 25% of the outstanding shares raise 150 million. According to the current user base, Maidong has become the world's largest music website, with 22 million registered users in China alone. And there are also derivative products such as music players, and it is only a matter of time before they land in Europe and the United States. The largest proportion of revenue is wireless business, SP SMS value-added and newly opened CRBT, the number of downloads in just half a year has exceeded 200 million.
This has made the mobile company happy, downloading a song is 2 yuan, the operator gets 15%, the copyright owner gets 30%, and the website has the remaining 55%.
200 million times is 110 million yuan in revenue, and the patent licensing sold to Japan and South Korea has not been counted. In the future, you can download 100 million times for just one song, and you will know how awesome it is.
Holding the patent right in hand, this is the golden pig that lays eggs on the head, even if Mai Dong doesn't do anything, he still makes money.
Ant Search previously held a 15% stake and later increased by 10%. A total of 25% of the shares are held, which is only one step away from the holding. And in the past year, the reputation of Ant Search has not been said, although it is not a subsidiary, but it is also directly involved in the investment.
This news has attracted the attention of more investors, who are ready to open their money bags to participate in the application for new share placement.
Merrill Lynch, as the lead underwriter, has completed 6 times the oversubscription, and can also completely breathe a sigh of relief, as long as the first share listed in the China market after the Internet bubble becomes popular, there will be a steady stream of companies will come to the NASDAQ one after another, how can this make investment banks not excited.
"Boss, this is my first time going to Huaxia, how should I pretend to go often?" Julio sat in the first-class cabin to Shanghai, twisting around and excited.
"Just keep your mouth shut." Chen Bo said helplessly, "Although you look a little ugly, you still have a bit of a Chinese appearance." ”
"Is Huaxia as poor as the media says? Living in a mud house, walking on dirt roads, and the public toilets on the street are all open? ”
"Who said this, didn't you study history?" Chen Bo said suddenly.
"Well, the European and American media all say so, I study history, and I don't do journalism." Julio said helplessly, spreading his hands.
"When you get off the plane and see it with your own eyes, you'll know!" Guan Xin couldn't help but interject on the side.
Although the holiday has been completed here, it has also ended Christmas. But the most solemn Spring Festival in China has not yet arrived, Chen Bo is in a hurry to go back to the annual meeting, and by the way, he comforts the employees who have worked hard all year long.
Unlike domestic companies that are keen on annual meetings, the United States often does not have this necessary process. There is nothing to pick the door, and even Silicon Valley, which has better welfare, does not attach so much importance to this kind of annual meeting.
Ant Search found a day before Christmas to charter the San Francisco Museum of Modern Art and hold a literary party for all employees and relatives to enjoy, which is also modeled after some companies.
Whether it was Xingchen Culture or Pangu Group, which was not completed last year because of SARS, this year is naturally more grand, and careful preparations have been made half a year in advance. Not only their own employees, but also executives from around the world will be present, and important advertisers, city and provincial officials will also be invited.
How to hold a creative, innovative and meaningful annual meeting is worrying for the administrative staff in the group.
Chen Bo went back with Guan Xin after finishing his busy work in Silicon Valley, accompanied by Julio, a horse boy who was waiting for his graduation thesis defense, and Eve, who had already had a winter vacation.
As for Hoffman, Williams and other executives, it will be a few days before it passes. The acquisition project has to be busy with integration, and the promotion plan for the new year must also be formulated as soon as possible.
"My sister-in-law is right, in Chinese culture, this is called reading thousands of books, it is better to walk thousands of miles! Right? Julio patted his ass and said that the relationship between Chen Bo and Guan Xin was not hidden from him, and he also told him not to talk nonsense. In the midst of thousands of flowers, it is really a romantic little overlord who does not stick to the leaves, and it makes him give countless thumbs up to this boss in his heart, which is really a model for my generation and a model for men.
"I'm really good at talking, and I'm really a top student at Wharton, have you considered interning in the company?" Guan Xin heard him call her sister-in-law, and her heart blossomed, and she said with a pleasant face.
"Let's pull it down, look at him pretending to be honest, his family has the largest supermarket chain in Peru! This is a standard rich second generation, how could he succumb to our small company. Chen Bo said.
"Boss, I don't like to hear what you say. How do you call Peru's largest? It's the biggest supermarket in Peru and Chile! ”
"Yo, or am I wrong? Master Julio! Chen Bo joked.
"Hey, yes, that's right. It was me who was wrong! Julio's eyes narrowed into slits, and he smiled flatteringly.
"Dad, do you think Uncle Julio looks like Zhu Bajie?" Eve, who was quietly reading the comics, pointed to Julio's black face and asked in a milky voice.
"Haha, like!" Chen Bo touched her little head and said.
With Julio's IQ, he didn't know what the hell Zhu Bajie was, but he knew that he must be a harlequin, but he didn't get angry, but made a face at Eve. The result was a roll of the eyes, plus a sentence of "childish ghost!" "I didn't choke him to death on the spot.
But Guan Xin almost burst into laughter, this child is often well-behaved and cute in front of Chen Bo, but in front of others, he looks like a precocious little adult, if it weren't for his brown hair and white skin, this character is really a bit similar to her godfather, and he didn't hurt her in vain.
Eve, a ghostly girl, didn't quite understand why Chen Bo had changed his girlfriend again, but she didn't reject it, but interacted well with Guan Xin. Almost every woman has a sense of maternal love, even if she has not yet given birth. When you see a cute child, pinch your cheeks and tease you, or hold them in your arms and kiss them affectionately, it's just the same.
Seeing that the mother was so harmonious, he was also relieved, at least he didn't make any trouble for him.