End of February.
A new piece of news has leaked out.
According to rumors, someone is ready to acquire Fei꼎 mobile browser at a high price.
The bid was as high as several hundred million.
As soon as this news came out, it immediately set the Internet on fire.
In addition to Weibo and some forums, many netizens also followed suit to discuss.
"A purchase price of several hundred million? That's ridiculous, right?"
"Who said that's funny? Feiji Mobile Browser currently has the highest market share on the market. With such user traffic, isn't it normal for someone to want to acquire it?"
"It's normal to want to acquire a company, but I don't think it's possible to spend hundreds of millions of dollars on it."
"I don't think it's possible either. Spending hundreds of millions on a mobile browser would require a lot of money."
"How many internet companies in China can currently afford this kind of money? A little speculation can give us a rough estimate."
"Could it be Baidu?"
"Baidu itself was built on search engines. Now that the mobile Internet era has arrived, it's only natural for Baidu to want to take over non-mobile browsers."
What's more, there are actually media reporters who go to interview people from Baidu.
However, when faced with the interview, the people from Baidu only gave a vague answer.
Of course, we hope to acquire non-mobile browsers, but there is no result yet.
If the results are out, the company will inform everyone as soon as possible.
This explanation is almost the same as not saying anything.
Netizens can't guess it, but as colleagues in the industry, as long as they listen carefully, they can basically guess who wants to acquire it.
Ali 뀧뀧.
After hearing the news, Bai Du immediately sent someone to contact Ruo Group.
He said he also had the intention to acquire the company.
You should know that the first website sold by the founder of the 뎃若꼎 Group was a website navigation.
At that time, it was Baidu that bought it, with 50 million in cash, which was the foundation of Chen's entrepreneurship.
The two of them have a close relationship.
The people sent by Baidu tried to make friends while eavesdropping on the inside story.
Chen Yu sent Chen Wenchao to receive the other party.
Chen Wenchao originally came from Baidu, and now he is in charge of non-Chinese videos, which can be regarded as a class leap.
If Baidu hadn't sent Chen Wenchao to negotiate with Chen, he wouldn't have been able to establish a relationship with Chen and end up being assigned to this position.
Therefore, Chen Wenchao still has certain feelings towards Baidu.
Faced with the cautious listening of the people sent by Baidu, Chen Wenchao did not keep them in suspense.
Tell the truth directly to the other party.
"There is indeed a company that wants to acquire Feiji Mobile Browser. The one that is interested is Alibaba."
"But the negotiations here are not over yet."
"If Baidu wants to acquire it, there is still a chance."
Hearing this, the people on Baidu's side immediately looked happy.
"real?"
"real."
Chen Wenchao nodded: "Our boss hasn't decided who to sell this mobile browser to yet."
"Mr. Chen, can I hear your boss's price?"
"Our boss said it's at least 4 billion."
"this……"
The representative from Baidu widened his eyes, a hint of surprise flashing across his face.
But then he nodded.
"However, considering the current market share of African mobile browsers, this price is actually not that exaggerated and is still acceptable..."
Chen Wenchao glanced at him.
"What are you thinking about, Dollar?"
"Our boss's lowest bid is $4 billion."
"hiss……"
Now, the representatives from Baidu are no longer calm.
He gasped and froze on the spot.
"Four billion...in US dollars?"
"Mr. Chen, your boss's asking price is... too bold, isn't it?"
"Who would dare to buy it at this price?"
Chen Wenchao was happy.
"You don't understand this. Since our boss dares to ask for this price, it means it's worth it."
"And I'll tell you, after hearing the offer, Alibaba wasn't scared off. Instead, after several meetings, they're now back to negotiate with us."
"Looking at Alibaba's intentions, it's clear they want to win this acquisition."
"You're really bold..."
The representative from Baidu couldn't help but shake his head and sigh.
It is clear that Baidu can afford this price, but the top management of Baidu cannot agree to it.
Because mobile browsers are indispensable to Alibaba's industrial layout, but they are not that important to Baidu.
First, Baidu itself was founded as a search engine, and secondly, Baidu has already started developing its own Baidu mobile browser.
The company has already developed similar products, so Baidu wants a non-mobile browser, but it doesn't want it that much.
The representative went back and reported the situation to the senior management.
Sure enough, after hearing this, the senior executives of Baidu just smiled and shook their heads, sighing, "This Mr. Chen is really bold," and then there was no further news.
However, an unexpected success story came true. I don’t know if it was because Baidu came to Ruoji Group to inquire about the acquisition that the news reached Alibaba’s ears.
The subsequent negotiations between the two sides became faster and faster.
Some minor issues can be ignored.
Originally, Alibaba wanted to drag it out and talk slowly.
As it turned out, it only took about a month for the two parties to finalize the acquisition details.
March 12th. Arbor Day.
A bombshell news broke out on the Internet.
Alibaba will spend US$4.2 billion to acquire the Feiji mobile browser under Feiji Technology of Ruoji Group.
For this acquisition, Alibaba will use cash to exchange stock prices for payment.
After the acquisition is completed, the Fei꼎 mobile browser will completely complement the territory of Alibaba's large entertainment division.
As soon as this notice came out.
It immediately blew up the Internet.
Especially Weibo, which topped the trending search list that day.
"Oh my god. The previous news turned out to be true."
"4.2 billion. In US dollars."
“Ali is too rich.”
"That's a nearly 30 billion acquisition. Ruo Group is going to make a killing this time."
"Brothers, I declare that from today on, Mr. Chen from Ruo Group is my only idol."
“That’s awesome.”
"When Mr. Chen was in college, he independently developed the GO Navigation Home app for the first time and sold it to Baidu, earning 50 million yuan plus Baidu's original shares. Rumor has it that the acquisition price was over 100 million yuan."
"This money became Mr. Chen's initial capital for starting his business."
"Rather than the mobile browser, it was also developed under the guidance of Mr. Chen during his university years."
"And yet, in just a few short months, a browser sold 30 billion copies."
"30 billion! If I were given this, I wouldn't be able to spend it all even if I didn't eat or drink for the rest of my life!"
Others expressed their feelings.
Mr. Chen is so awesome.
Using only two browsers, it sold over 30 billion yuan.
One female netizen lamented: "If I had known this earlier, I would have married Mr. Chen when he was in college."
As a result, this statement was immediately refuted by the male netizen.
"The gender distinction is too rigid. If I had known all this earlier, I would have turned Mr. Chen into a lesbian when he was in college."
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