Li Yanhong said: "I have taken this into consideration, but it doesn't matter. I'm going to go to Shanghai and discuss it with Zhou Yujie in person."

Xiang Hailong said in surprise: "Mr. Li, are you going to go in person?"

"Yes." Li Yanhong nodded and said, "This cooperation involves cooperation in the payment field, and you also know the importance.

Moreover, if the financing is in place earlier, today's preferred will be able to expand earlier. If Baifubao can really be promoted, then the earlier the preferred will be expanded, the greater the benefits it will be for us.

I will talk to Zhou Yujie in person, at least solve some major problems first, otherwise, I don’t know that this negotiation will be the year of the Monkey and Horse Month, and I don’t want to delay it for a moment.”

The bosses of the two companies are negotiating, and without discussing the details, they will at least quickly determine the direction of strategic cooperation. In the future, the negotiation team can also organize the details based on the results discussed by the bosses of both parties, which will be much faster.

In history, when many large companies cooperated, the negotiation teams of both sides struggled for several months, and the meeting was held hundreds of times without a single result. Then the two bosses made an appointment to play golf and the matter was settled.

Nowadays, what Li Yanhong wants is speed, so he naturally hopes to set it as soon as possible.

"Okay." Xiang Hailong thought for a while and said, "Yes, settled it early, for us, it will be a considerable investment with a significant return."

...

Because the Spring Festival travel rush is approaching, it is difficult to buy air tickets. Fortunately, Baidu's senior management can do things. For the sake of the boss, he directly found a small businessman holding first class cabin to Shanghai and bought the air tickets at a high price.

Unfortunately, it is more troublesome to apply for takeoff of private jets in China, otherwise it would be easier.

After Li Yanhong arrived in Shanghai, he took a short rest and arrived at the headlines again and found Zhou Yujie directly.

"Mr. Li, welcome." Zhou Yujie laughed.

Zhou Yujie was not surprised at the arrival of Li Yanhong at all. He put forward a cooperation plan that could pay for Baidu Development. How could Li Yanhong not be moved?

You should know that among the three giants of Bat, although Teng Xun and Baidu have no shopping, Teng Xun still has its own game department and QQ member recharge system. Although these transaction volumes are far inferior to Alibaba’s Taobao, they also have a certain transaction basis.

Only with a certain transaction basis can third-party companies use your payments, and the more payment software is used, the more mature the technology will be.

What about Baidu? Except for one search, the relationship between other fields and recharge is basically not big, and there are only some payment transactions occasionally.

Payment transactions are the basis for developing payment software. Only when payment software develops well will there be more transaction volume and will once again promote the development of payment software.

This is an industry with bipolar development of virtuous and vicious cycles. There is no space for the middle, so Baidu is almost out of reach for payment.

Now, when Baidu lost his development direction, Li Yanhong could not be moved by the offer he provided.

Li Yanhong smiled and said, "Every time I see Mr. Zhou, Mr. Zhou's career is getting bigger and bigger."

"In the Internet field, if you don't advance, you will retreat, and you have never stood still." Zhou Yujie said with a smile.

Li Yanhong frowned, but soon he returned to normal and said, "Mr. Zhou, I have learned about the cooperation plan proposed by Toutiao. There are only a few problems. I want to know about it in advance."

"Mr. Li, please tell me." Zhou Yujie nodded and said.

Li Yanhong said: "Today's Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred Preferred

Zhou Yujie said: "Today's Selection will use three payment software in the future, namely Huifutong, Baifubao and UnionPay."

"There is no Alipay?" Li Yanhong's brows moved.

"Yes, it's gone. Alibaba insists on investing in today's preferred competitors Meituan and Ele.me. Naturally, I have to do what I should do." Zhou Yujie said lightly.

"So that's the case." Li Yanhong smiled, but he knew in his heart that it must be that simple.

So he asked: "I know that Toutiao has been guiding today's preferred users to use Huifutong. I understand this business model. But since we also want to introduce Baidu, can we Baidu also provide subsidies like today's preferred?"

The payment software on the platform wants to promote and spend money to attract users, which requires the platform's consent. Small platforms will naturally be more happy to accept it, but large platforms generally do not give up their strategies for this small profit. Today, when doing promotions, Huifutong often engages in subsidy activities, but Alipay is banned.

Such a gameplay will not have a big impact in the short term, but over time, it will inevitably change the payment habits of many users.

The more users the platform, the greater the influence. Even Alipay can’t stand it over time, let alone Baifulipay, which basically has no users.

Zhou Yujie nodded and said, "Mr. Li, if Baidu's capital is introduced today, Toutiao and Baidu will also become the closest allies.

There is no need to engage in funds between us. After Baifubao enters the payment platform, Huifutong will also cancel subsidies. In the future, the promotional activities of Today's Preferred will be subject to the responsibility of Today's Preferred.

If there is a subsidy war with our competitors, we will take turns to subsidize according to a certain fair proportion, which can not only reduce the economic pressure between you and us, but also avoid a certain degree of internal friction."

"If the subsidy war never occurs, isn't it a bit unfair to us Baidu?" Li Yanhong frowned and said. The ranking weight of Huifutong itself is higher than that of Baifubao, and at this time, Huifutong already has users of millions of levels, and the advantages are too obvious.

Zhou Yujie shook his head and said, "I hope there will be no subsidy war, but this is impossible. And if there is no money-burning war, Baidu will not lose, right?"

It’s not a loss, but there is no chance in the payment field... Li Yanhong’s heart is quickly turned. If he wants to actually enter the market to pay, he must be when Toutiao is short of money. If Toutiao has not been short of money, then Baifubao will not really have much development opportunity.

After all, today's preferred platform is someone else's platform. No matter how good the agreement is, there is always a way to attract your own payment.

However, what Zhou Yujie said is right, and Baidu has no harm. Even without a money-burning battle, Baifubao can get a lot of exposure. Moreover, conflicts with Toutiao and Teng Xun are almost inevitable, and if you end up, Alibaba will definitely follow it.

Li Yanhong looked at Zhou Yujie again. This time, bat was in his calculations again. Even if he knew it, the benefits were too great and he couldn't give up at all. He was a little relieved. This time, Zhou Yujie himself entered the market, and Baidu and him had at least some advantages.

After a while, Li Yanhong said: "Today's preferred financing, how many shares are planned to be sold, and how much does it need to be raised?"

"At 20%, I need 300 million US dollars for the funds." Zhou Yujie said softly.

In 2014, Dianping sold 20% of its shares to Tengxun and received 400 million US dollars.

Perhaps the current day of today's preferred market is not as good as Dianping in 2014, but its future is completely different. The latter had a strong competitor of Meituan at that time, and today's preferred market has only developed less than 50 cities, but it is the first in the country's market share.

"1.5 billion US dollars, Mr. Zhou has been working on software for less than a year, and it is worth so much money, which is really enviable." Li Yanhong laughed.

"This product is not important. What matters is the market, the initiative, and the traffic behind today's preferred." Zhou Yujie said softly.

Any software in Toutiao has a powerful advantage behind it, that is, Toutiao's traffic is drained, and it is possible to add Quxin in the future. Although the public and the public also need to pay, high-quality traffic itself is a resource that the Internet has always been extremely scarce.

Even Meituan wants to get the same traffic, the cost is terrible, and you may have to wait for money. This wait will miss the golden period of development. Today, you will be the best choice, so you don’t have to worry about this problem.

"I can agree to the price, but this time I want to invest separately and I want the corresponding voting right." Li Yanhong said solemnly after thinking for a moment.

Even without the cooperation in payment, Today Youxuan is a very good investment project. Baidu is unwilling to invest, but other venture capital investors are very happy.

"Investing alone is OK, voting rights are impossible." Zhou Yujie said calmly.

...
Chapter completed!