Chapter 270 The good news brought by Mr. Lei
Brother Dong knew very well that Luo Fan's purpose in proposing such conditions was to completely tie up Jingdong.
But Brother Dong didn’t think there was anything wrong with this, and no one would waste their traffic for publicity.
Brother Dong is not worried that Xingyuan will start it on his own after he has figured out the e-commerce platform, because the market for e-commerce platforms is so big, and it is definitely too late for Xingyuan to enter the market now.
It's like a small village with only so many people. It's too small to open one convenience store. Two convenience stores are just fine, but if the third one opens, there won't be much business.
Now Taobao and JD.com are like two convenience stores in a small village. They have already occupied this area. If anyone else opens it, they will suffer serious losses.
Baidu understands this very well. They have wanted to build their own e-commerce platform for a long time. Unfortunately, they have been struggling for so many years and even spent billions on group purchases to no avail.
That's why Baidu is now turning its attention to the O2O platform and starting to develop food delivery and taxi-hailing industries.
Dong Ge came to Xingyuan to cooperate, which was actually a helpless move, because Penguin and Baidu have been focusing on the e-commerce platform over the years and refused to give up.
Baidu has undergone a transformation recently, but Penguin has not given up yet.
But at this stage, only Xingyuan and Penguin can provide JD.com with a large amount of traffic to compete with Alibaba.
To be honest, Brother Dong’s first choice was not Xingyuan. He had actually already been to Penguin.
But Dong Ge couldn't accept the conditions offered by Penguin. They wanted not only payment from JD.com, but also JD.com's shares, and they wanted the kind that a lion would ask for.
If these shares are given to Penguin, Dong Ge’s shareholding ratio within JD.com will be greatly reduced. If there is any financing later, he will not even be able to maintain a veto power.
That's why Brother Dong chose to visit Xingyuan.
Brother Dong didn’t choose Xingyuan at first because he felt that Xingyuan’s rise was just a matter of luck in seizing the mobile Internet trend.
This kind of luck may disappear at some point. Putting aside luck, Xingyuan is still far behind the three giants of BAT.
But after talking to Luo Fan, Brother Dong changed his opinion. Not to mention other things, just being the boss of Luo Fan made Brother Dong feel that Xingyuan may not be able to grow into the next Internet giant in the future.
Moreover, Xingyuan, Baidu, and Dami are obviously wearing the same pants. Together with his JD.com, the four companies combined have surpassed Alibaba Penguin in terms of traffic and ecological chain coverage.
If JD.com can also join them, it will definitely occupy a place on China's Internet platform in the future.
"Mr. Lei, Mr. Liu wanted to cooperate with me, so he came here during the Chinese New Year. What about you? Why did you come here in such a hurry? If anything happens, we can just say no on the phone?" Luo Fan asked with a smile.
road.
Luo Fan's words interrupted Brother Dong's thoughts. Brother Dong hesitated and did not leave. He wanted to join the alliance of Xingyuan, Baidu, and Rice. He definitely couldn't leave at this time.
Mr. Lei glanced at Brother Dong and said with a smile: "I have good news for you. Didn't you ask me to help you find out if there is any music APP that wants to sell it? I just received the news, Kuwo
There is a funding problem here.”
Luo Fan's expression was a little strange when he heard this. Luo Fan is very familiar with this company.
In his previous life, the first company he joined after graduation was Kuwo Technology.
The first project I did when I joined this company was to listen to songs and identify them.
Luo Fan stayed in this company for more than 2 years before switching to a game company owned by Penguin.
In his previous life, Luo Fan changed jobs because in December 2014, news broke within the company that Kuwo was going to merge with Kugou, and there would be a large number of layoffs.
It just so happened that Luo Fan didn't want to work anymore, so he submitted his resignation at the end of the year and officially resigned in January 2015.
In his previous life, Luo Fan joined a game company owned by Penguin in March 2015.
Within a few days of working, he heard a gossip. On March 13, Kuwo and Kugou merged, and then roped in three music copyright companies with the intention of creating the largest music group in Asia.
Later, they established the Huaxia Music Group together, but unfortunately the development of this group was not smooth either.
In June 2016, Luo Fan heard another gossip, saying that someone from the head office Penguin had acquired a large number of shares in China Music Group.
One month later, on July 15, 2016, Penguin Music announced its merger with China Music Group. On January 24, 2017, the new music group was officially renamed Penguin Music Entertainment Group.
So far Kuwo has become a music company under Penguin.
But in the final analysis, I am just a "wild child" and not Penguin's biological son. It is no surprise that Penguin's resources are skewed and given to his biological son Penguin Music.
Kuwo has no resources to support it. Although it shares music copyrights with Penguin Music, its popularity has become increasingly sluggish. Before Luo Fan was reborn, the music company almost disappeared from the Internet and was rarely mentioned.
Next door, Kugou Music established Qigu Culture Company to engage in idol management.
This company's approach is also very wild. From Lai Meiyun of Creation 101 to Shan Bao, the virtual anchor of Xiaobo.com, it spans many fields, but it has achieved results in none of them.
Generally speaking, Kuwo and Kugou can be said to be inseparable brothers.
"What? Does Mr. Luo not like Kuwo Music?" Mr. Lei asked, looking at Luo Fan's strange expression.
"No, no! I feel cool and I'm pretty good. How big is their funding gap?"
"The estimate is 300 to 500 million yuan. Kuwo's valuation has been falling in the past two years. After the problem of insufficient funds this time, Kuwo now only has a valuation of more than 200 million yuan. These 3 to
If the 500 million goes smoothly, it is estimated that we can get about 40% of the shares and have the power of veto."
After listening to Mr. Lei's words, Luo Fan frowned. What he wanted was not just a veto power, but the entire Kuwo Music. If he wanted to move, Xingyuan would have to take at least 67% of the shares and let other shareholders
In total, there is no veto power.
Mr. Lei guessed what Luo Fan was thinking and said with a smile: "Mr. Luo, if you want to get more than 67% of the shares, I suggest you send someone directly to talk to their directors.
Now all the directors of Kuwo are selling their shares. You buy the shares from them one by one. Although it is a little more laborious, it is indeed the easiest way to achieve your goal."
"Does Mr. Lei have the contact information of their directors?" Luo Fan asked.
"Everything is ready for you!" Mr. Lei said and handed Luo Fan a USB flash drive.
Luo Fan took the USB flash drive and threw it to Su Qing. Su Qing opened the file inside and quickly browsed it and said: "Boss, all the shares in Mr. Lei's list add up to 74%, which is more than 67%."
Chapter completed!