Silicon Valley
v2 Chapter 487: Increased search competition in China
I haven't been to China in one or two years, the change is really big. Not to mention all kinds of high-rise buildings, there are a lot more cars in the city than the year before. Henry was in a traffic jam on his way to Zhongguancun. The traffic situation in Beijing really needs to be improved. It was more than an hour after the half-hour drive that Henry arrived at Baidu's headquarters.
At this time, when he learned that Henry was coming, Robin Li had already taken the company executives to wait downstairs in the building.
"Mr. Williams, you are here!" Li Yanhong stepped forward to greet him.
"What are you polite?" Henry smiled at Robin Li, "Let's go, I haven't seen what Baidu's headquarters is like."
"it is good!"
The group walked into the building.
The sixth floor of this building called "Zhongguancun Science and Technology Building" is Baidu's temporary headquarters.
After Henry walked into Baidu, Baidu's employees greeted him respectfully and couldn't restrain their curiosity. They looked at Henry one after another. Before, I could only see Henry Williams in newspapers, TV, and the Internet, but now I can see real people up close. I'm so excited! !
Henry observed back and forth, the company has no less than 100 employees, most of whom are programmers.
Then Henry came to Li Yanhong's office and talked with him. Previously, Henry raised $10 million for Baidu. With this money, Baidu can last a long time, and the speed of development is much faster than before. At this time, China's Internet environment has been "smoked up" by the "bundling, unloading" hooliganism of 3721, and Baidu and the nic website, which is the main website service, have joined the battlefield one after another, which has caused Chinese netizens to "wrath and complain."
Henry came to China to invest this time, planning Baidu's future development by the way.
"Li Yanhong, Baidu has more development potential than 3721?" Henry asked while sitting on the coffee table chair while drinking Longjing tea.
"Baidu has greater development potential!" Li Yanhong said in a very confident tone, "3721 attaches importance to marketing, and Baidu attaches importance to technology research and development. At present, although 3721 has more market share than Baidu, Baidu will catch up sooner or later. The experience of 3721 for users is very poor. The searched content is often completely different. Their market share is supported by various ad bundles and software cannot be uninstalled. In fact, users don’t like to use it. On the contrary, Baidu’s The user experience is very good, and many committed users have been cultivated!"
Henry nodded and said, "That said, but sometimes bad money drives good money..."
"Yes, but Baidu's market share has been steadily increasing. After receiving an investment of 10 million U.S. dollars, we decided to spend more than 2 million U.S. dollars on icq, Netease, Sina, Sohu and other Chinese software and websites with relatively large traffic. The effect of advertising and publicity is very obvious, and the market share has been increased by 8.7%! Today, Baidu has occupied a quarter of the Chinese search market!"
When Li Yanhong said this sentence, he paid special attention to Henry's expression. The Chinese Internet is a zero-sum market. One party will increase while the other party will naturally decrease. Naturally, Baidu's market share has increased, which means that isearch's market share will be reduced!
Henry's expression did not change, but he saw Li Yanhong's careful thinking. Henry took a sip of tea, put the cup on the coffee table, then raised his head and looked at Robin Li, "You know, I have isearch under my name, but do you know why I want to invest in Baidu?"
Li Yanhong shook his head, saying that he didn't know.
Henry laughed: "It's actually very simple. To use the Chinese idiom, it's'Cunning Rabbit Three Caves'. If isearch fails in China, wouldn't there be Baidu?" Henry paused, turning his eyes to look at the birds flying outside the window. Murmured, "The Chinese government needs to grasp the power of public opinion on the Internet to block the truth, and the principle of isearch is'do not be evil', and the fact is what it is, so that the people have the right to know. Isearch is like a flying bird outside. , Unfettered, able to fly freely in the sky!"
When Li Yanhong heard this, he immediately understood. Officials of the Chinese government have also found Baidu and asked Baidu search to block some content. But Baidu's attitude is that the government will do whatever it says, and everything will be done in accordance with the organization's orders. Naturally, Baidu has won the favor of the Chinese government and has received strong support from the government!
In Li Yanhong’s view, isearch’s approach is purely stupid. Since you come to China, you have to abide by Chinese rules. If you don’t, China will implicitly invite you to go...
Of course, Robin Li would not directly say that isearch's actions were stupid in front of Henry. On the contrary, he was a little proud and grateful in his heart. Of course, he wouldn't remind Henry, and he even wished that isearch would still go its own way. In this way, it would be against the Chinese government. And the Chinese government puts on small shoes for it from time to time, can it not force isearch to withdraw from the Chinese market?
3721 is like a mouse crossing the street. Everyone shouts and beats. Robin Li doesn't take it seriously. Only isearch is Baidu's confidant! Without defeating isearch, how can Baidu dominate the Chinese Internet search field?
"Mr. Williams, won't you just come to visit Baidu Company today? Is there something else?" Li Yanhong deliberately broke the topic and stopped talking about isearch, so as not to remind Henry.
"Oh, I'm here to inform you that 3721 may be acquired by Time Warner-AOL!"
"3721 is going to be acquired by Time Warner-AOL?" Li Yanhong couldn't help but repeat, UU reading www.uukanshu. Com's face looked shocked. Compared with Time Warner-AOL, 3721 is just a small company. Baidu is naturally not afraid to compete with it. But after switching to Time Warner AOL, Baidu's pressure will inevitably increase! Right now, isearch is walking on the road to death, and Robin Li is deeply refreshed. Never thought that another large international company would enter the Chinese market...
"Yes, Time Warner-AOL formally initiated the acquisition invitation to 3721 three days ago, and Zhou Hongyi meant to sell the 3721 company!" Henry nodded.
"3721 is developing rapidly, why did Zhou Hongyi choose to sell it?" Li Yanhong shook his head, wondering, if it was him, he would definitely not be willing to sell it!
Henry heard this and couldn't help but laughed: "Zhou Hongyi has now been dubbed the'father of rogue software' by Chinese netizens and colleagues. This reputation is really not good. He always says that he wants to'bleach'...Of course, this is not. The main reason is that although 3721 is spurned by others, its high market share is an indisputable fact. Therefore, in the first quarter of 2001, 3721 has already achieved profitability! The main reason for Zhou Hongyi to give up 3721 is actually Baidu and nic It was you who put a lot of pressure on Zhou Hongyi, especially the nic who has a Chinese official background. You know, in China, since ancient times, the people did not fight against the officials, Zhou Hongyi was scared..."
(I caught a cold in the past two days, and I feel much better when I go to the hospital to get slinging water. I will resume normal updates tomorrow.)
(To be continued.)