If Xingyi Technology is a small company and Wang Yi doesn't have much ability, Xingyi Video would have died under Baidu's ban!

Could this be a misunderstanding?

Baidu has this style of doing things, blocking and suppressing people at every turn.

In the previous life, Gaode Map was blocked and suppressed by Baidu, which made it very rude.

NavInfo also had a large amount of underlying map data stolen by Baidu Maps and had to sue for rights protection.

As a result, after Baidu lost the lawsuit, it continued to use various means to delay it until it finally lost the lawsuit 7 years later and had to pay NavInfo more than 60 million...

After being infringed for so many years and delayed for seven years, I only had to pay more than 60 million yuan...

Even if NavInfo ultimately wins the lawsuit, it will suffer heavy losses.

Nowadays, it is Wang Yi who has the strength and makes Baidu really hurt, so he will bow his head.

Otherwise, how could Baidu bow its head and apologize?

joke!

Wang Yi knew this in his heart, and naturally he would not be paralyzed by Qu Xin's smile.

Qu Xin chuckled: "Director Wang, this is all done by people from iQiyi. Director Li and I have absolutely no intention of doing this. We come here with sincerity!"

"Really?" Wang Yi smiled faintly and didn't bother to think about it: "What kind of sincerity?"

Qu Xin said with a smile: "Dr. Wang, you bought the Amap for 500 million, and we at Baidu are willing to buy it back for 500 million. This is our sincerity!"

I’ll give you an extra 1 billion. Is that enough sincerity?

If it doesn't get better then accept it, take money and negotiate!

Qu Xin is confident.

He felt that Wang Yi would never refuse the price of one billion.

Wang Yi was extremely speechless: "Acquisition of Gaode...Sorry, not selling!"

Not to mention 500 million, even if it is 500 million, we won’t sell it!

As an underlying map data service provider, AutoNavi is the core foundation of Xingyi Technology’s O2O strategic layout. If Xingyi Technology wants to grow, it cannot do without underlying map services.

Not only Xingyi Technology cannot do without the underlying map, but BAT also cannot do without it. Where can I sell it?

As for saying that O2O (online to offline or offline to online) is too low-level, don’t do O2O...

This is even more unrealistic.

The current trend of the Internet is O2O.

Meituan, Ele.me, Didi, Dianping, Qunar, Tongcheng, Fliggy, Lianjia, Taocai, Beike, etc. that will rise in the future are all O2O.

In this wave of golden trends, BAT is investing crazily, and Wang Yi cannot let go of O2O encirclement.

As for big data, cloud computing, AI and other hot topics, they are high-end, but they burn unlimited money in the short term and have no output.

Alibaba started working on Alibaba Cloud in 2009, investing one to two billion every year. It was only in 2015 that it began to expand rapidly. It took off completely in 2018, and it only achieved profitability for the first time in 2022!

That’s right, Alibaba spent 20 to 30 billion in thirteen years to achieve profitability!

Now that Wang Yi is starting to do cloud computing, it will cost more than 20 billion, and it will take seven or eight years to take off!

But in the past seven or eight years, Xingyi Technology has to develop and make money, so it has to rely on other businesses and O2O.

The reason why Baidu collapsed in the previous life was that All in AI was difficult to make a profit, while O2O, which was profitable, collapsed across the board.

Alibaba has been struggling for ten years and finally waited for the explosion of Alibaba Cloud cloud computing.

But the AI ​​​​water is too deep. Baidu has been struggling for ten years, but Baidu’s AI has not ushered in a big explosion.

As a result, Baidu AI did not produce enough output, and other O2O companies were completely defeated, neither rising nor falling. In the end, the market value was only one-tenth of Tencent and Alibaba.

Wang Yi will not make Baidu’s mistakes.

Big data, cloud computing, and AI are all long-term investments that continue to burn money, starting with 20 billion.

And O2O is the golden track at the moment, especially the food delivery and online ride-hailing tracks that are almost blank and even capital is not interested in. They are both profitable avenues and the best opportunities.

As for the group buying platform that is a red ocean, Wang Yi does not want to participate at the moment. When they are done fighting, he will collect the corpses, acquire several platforms, and integrate them into Amap Group Buying.

Or invest in Meituan.

However, the current Meituan is invested by Alibaba, which can be regarded as Alibaba. It is not easy for Wang Yi to invest.

In the Internet industry, what matters most is the division of factions.

In the previous life, Meituan had a falling out with Alibaba, and it was unable to do anything with Dianping, a company owned by Tencent, so they merged, drove Alibaba away, and switched to Tencent.

This incident became a lingering thorn in Jackma’s heart, and he did not hesitate to acquire Ele.me but also frantically suppressed Meituan.

Similarly, the opportunity for Wang Yi to invest in Meituan was also the falling out between Meituan and Alibaba!

If we invest now, Alibaba, as the major shareholder of Meituan, will definitely not agree.

It is better to attack the online ride-hailing and food delivery fields first, and at the same time wait and see the development of the Thousand Group War in the group buying field before making any plans.

But no matter what, it is impossible to sell the Gaode map!

This is the basis.

Qu Xin's expression changed slightly: "Director Wang, do you think you have too little money? The price of 500 million is already one billion higher than the purchase price you paid a few days ago!"

Qu Xin felt that after making a billion in just a few days, this deal was a great deal, so why not sell it?

Or are you hostile to Baidu and want to use Amap to continue to work for Baidu?

Wang Yi waved his hand: "It's not about money, it's just that I don't plan to sell it."

Qu Xin was silent for a while and then spoke again: "Dr. Wang, 500 million, premium 1.5 billion, Baidu acquires Amap!"

"A premium of 500 million..." Wang Yi laughed dumbly, and couldn't help but wonder, is Baidu's brain enlightened?

Are you aware of the strategic significance of the underlying map data? So you have to win Amap with a premium of 1.5 billion?

In fact, Li Yan has a very high IQ and strong skills, but he is too arrogant and his abilities are average.

Technology does not equal ability!

To put it bluntly, Li Yan is a technical player, but when it comes to managing the company, business wars, vision, and layout, that’s a big deal.

For example, no one is optimistic about cloud computing at the moment, only Wang Jian is optimistic about it.

Jack Ma also doesn’t understand cloud computing, but he was persuaded to invest one billion a year in cloud computing, for 10 years first, and if it doesn’t work in ten years, he will continue to invest!

Tencent Chairman Ma believes that cloud computing has a future, but it is too advanced.

But Li Yan said, "Cloud computing is just old wine in new bottles, with nothing new."

That’s right, Li Yan directly rejected cloud computing!

The result can be imagined. A few years later, Li Yan was dumbfounded when he saw Alibaba Cloud Feitian becoming bigger and stronger and easily solving the 12306 Spring Festival transportation problem.

He decisively admitted his mistake and changed his words, saying that "cloud computing is new wine in a new bottle..."

In terms of technology, Jack Ma is not as good as Li Yan, but Jack Ma is not arbitrary and can listen to advice.

I am willing to learn more about what I don’t understand and invest heavily in it.

But Li Yan is different. What he doesn't like is garbage, without anything new...

So, ten years later, Tencent and Alibaba have grown tenfold and developed rapidly. However, Baidu missed opportunities one after another and declined rapidly...

But now Baidu wants to acquire Amap for a premium of 1.5 billion. Is it really enlightening? Do you see the strategic significance of the underlying map data?

Seeing that Wang Yi didn't refute, Qu Xin was happy, this is a joke.

He said decisively: "Dr. Wang, the premium is 1.5 billion. We at Baidu are very sincere. Please consider this. Of course, any misunderstandings about the ban will be resolved. We are all friends!"

"Haha." Wang Yi smiled slightly: "This matter is very relevant, let me think about it."

"It should be." Qu Xin was in a good mood and thought Wang Yi was really moved.

After another pleasantry, they left.

Jian Ziyan walked over: "Chairman, are you really going to sell the Amap map?"

"What do you think?" Wang Yixiao said.

Sell ​​a hammer!

The reason why there is no further refutation is to see Baidu’s current intentions.

At present, the domestic underlying map data vendors that are doing well are AutoNavi and NavInfo.

Baidu Maps uses the new underlying map data of NavInfo.

In fact, if Baidu goes directly to NavInfo and takes a stake in NavInfo, it can also ensure the security of its underlying map strategy.

But it's a pity that Baidu has such a big appetite that if it insists on acquiring Amap, it will be a suicide.

I'm afraid that the opportunity to invest in NavInfo is gone.

Wang Yi doesn’t think BAT are all fools.

Li Yan and others can see the strategic significance, and Alibaba and Tencent can also see it.

If NavInfo is snatched away by Goose Factory and Alibaba, Baidu’s future will be very interesting.

Well, let’s delay Baidu for a day, wait until Alibaba or Penguin win NavInfo, and then reject Baidu!

At that time, Baidu will say that Tiantian should not respond and the earth and the earth will not work.

Without the underlying map data, what else can Baidu Maps do?

As for doing your own surveying and mapping, building your own underlying map database?
To be continued...