MMB Chapter 218 The Huge Profit Point Of Artificial Intelligence!
Chapter 218 The Huge Profit Point Of Artificial Intelligence!
In recent years, there has been a very popular saying in the market,
It is called "It is better to engage in real estate than to engage in technology"!
Does this sentence sound uncomfortable,
But it really revealed the most "tragic" status quo of the domestic market.
[Qiandu] Why are the accounts so tight?
It is because they chose to "engage in technology".
In order to make achievements in the field of [artificial intelligence].
During these ten years, they have spent at least tens of billions of dollars in funds.
And what is the final result?
The market value of [Qiandu] has fallen steadily,
The year before last, there was a market value of 50 billion meters of gold,
Only 37 billion meters of gold are left this year.
The same money is spent on real estate,
It's so early.
It has to be said that this is really a tragedy for the industry.
But Lin Fei can only complain at best,
He cannot and will not change this status quo.
Right now, regarding this matter, if you ask Li Yanhong himself, will he regret it?
Needless to say, he must regret it in his heart.
It is true that their [Qiandu Group]'s achievements in the field of [artificial intelligence] have received great attention and praise,
But you have to know that they are just a company.
The purpose of an enterprise's existence is to make money, not to chase dreams.
With so much money taken out, at least there will be interest earned in the bank.
And when it hits the field of [artificial intelligence], there is really nothing but good reviews.
Li Yanhong, who was holding back a stomach full of bitterness, really had unspeakable suffering.
But what can I do?
At the beginning, this decision was also made by himself.
Right now, I heard Jiaxing said that we can cooperate with 【Qiandu】,
Li Yanhong really came here with excitement,
But now, hearing Lin Fei say that what they really value is the development of [Qiandu] in the field of [artificial intelligence].
Li Yanhong instantly became confused,
Why are you looking at this thing?
Do you spend money and chase your dreams with them [Qiandu]?
So in the next second, he couldn't help asking:
"Mr. Lin, our [Qiandu]'s [artificial intelligence] doesn't seem to have anything to do with Jiaxing's business, does it?"
Hearing what Li Yanhong said,
Lin Fei couldn't help smiling,
At this moment, he didn't know whether to laugh at Li Yanhong for being stupid or innocent.
In fact, being able to start from scratch and create a family business as big as [Qiandu],
Li Yanhong is naturally neither stupid nor innocent,
It's his vision, which is a bit too traditional,
There is a treasure mountain in his hand, but he is unable to capture it himself.
In fact, [Qiandu Group] bet the next era of the Internet industry on the [artificial intelligence] industry,
Was this decision wrong?
That's right!
But Li Yanhong's fault was that his vision was too limited,
The only thing he was staring at was the [artificial intelligence] project itself.
The reason why [Qiandu] is so poor now is because they don’t know how to make this project realize and generate profit.
[Artificial Intelligence] The [computing and big data] derived from this project is the most powerful monetization tool in the market today, okay?
It can be said that the glory of [Character Jumping] in the previous life was all based on their [computing] mechanism.
And their [calculation] mechanism, compared with [Qiandu], is really not even worthy of lifting shoes.
[Qiandu] is the world's largest Chinese search engine company,
Their exclusive "ultra-chaos analysis" technology patent made the country once the fourth and only country in the world with the "core of top analysis and computing technology" besides the country of America, the country of Xiong, and the country of kimchi!
But why, in the previous life [character jumping] is getting more and more powerful?
【Qiandu】It plummeted?
Again, they have a great product in hand, but they don't know how to use "it" to make money.
I can even think of a car,
From this, it can be seen that [Qiandu] is so sick that he rushed to the doctor.
Hearing Li Yanhong ask herself whether the [artificial intelligence] project has anything to do with Jiaxing’s business,
Lin Fei smiled, and at this moment he asked Ji Houhong a question:
"Mr. Li, I want to ask you a question."
"From your point of view, can the [artificial intelligence] project really make money?"
Hearing Lin Fei's inquiry,
Li Yanhong hesitated for a moment, then shook her head lightly:
"At present, it is difficult to make money."
"But...but this project, it has value!"
It's hard to make money, but is it worth it?
Lin Fei was almost amused by Li Yanhong's words,
His so-called value should refer to "benefiting the country and the people" and "benefiting the development of the times".
Indeed, the project itself is indeed of great value,
However, I have wronged (ciaj) [Qiandu] myself,
He has contributed to the development of domestic science and technology, but he himself is becoming less and less favored by the market.
After smiling uncontrollably, Lin Fei started to get into the core issue,
In the next second, he looked at Li Yanhong and smiled:
"In my opinion, [artificial intelligence] projects are not only valuable!"
"At the same time, its profitability will not be lower than that of any real estate business.
Hearing this, Li Yanhong was shocked for a moment,
In Lin Fei's eyes, won't the profitability of [artificial intelligence] projects be lower than that of real estate?
To be honest, since he started the [artificial intelligence] project, this is the first time he has heard such words,
Li Yanhong is really curious now:
"Boss Lin, what do you mean by that?"
"Could it be possible that the [artificial intelligence] project also has any huge profit points?"
Lin Fei nodded:
"There must be some profit points."
"It's just that you [Qiandu] haven't discovered it yet."
"Forget it, Li Dong, let me explain to you in more detail."
"As far as the current situation is concerned, the [artificial intelligence] project itself does not have much profit to be made.
"However, some functions derived from it are extremely popular in the market."
"For example, [big data] and [computing] functions."
Having said that, Lin Fei paused,
Then the narration continued:
"Which industries are owned by Jiaxing, Mr. Li should have carefully understood this point."
"I won't say anything else!"
"Take the three products [Mituan] [Quick Yishou] [Pin Xixi] as examples for you, Mr. Li.
"These three products, no matter which one they are, do they all use [Big Data] and [Computing]?"
"With a sufficiently good [computing] mechanism, I can greatly enhance the experience of using these three products.
"To people who like food, recommend food that they may be interested in."
"To people who like to watch videos, recommend their favorite part of the video."
"To people who need to shop, recommend the products with the highest praise rate and the products they may be interested in.
"When the user base of these [APP] expands, can a good [computing] mechanism help us increase the possibility of making a lot of profits?"
"And this is the real reason why I value you [Qiandu]!"
I have to say that Lin Fei's analysis is very thorough,
Li Yanhong immediately understood the key points of all the problems.
Indeed it is.
They [Qiandu] bet on the field of [artificial intelligence], this decision is not wrong.
And they are wrong, they will not use this project to make money.
The more she thought about it, the more sad Li Yanhong became.
[Qiandu] has the world's top recommendation and calculation mechanism,
However, what are they using such a top-notch mechanism for?
Ad recommended!
Not to mention not earning much money, but also made a large number of users resent [Qiandu].
Grass!
Is this a hand of Tianhu's cards that I have played into a mess?
Li Yanhong, who has never sweared a lot, this time she swears at herself heartily for the first time.
Seeing Li Yanhong sitting there sadly, silent,
Lin Fei smiled and added a few words:
"Dong Li, your [Qiandu]'s top analysis and calculation mechanism is only used on the portal website.'
"Oh no, it's actually also used on [Thousand Degrees Map]."
"So it seems that there is no reason why you have had such a difficult time these years.
"Do you think that's the reason?"
Referring to 【Thousand Degrees Map】,
Li Yanhong wanted to cry even more.
Yes, Lin Fei is right,
The world's top capabilities have been used by them on the two most worthless and most crappy products.
Laughing at herself, Li Yanhong said helplessly:
"Boss Lin, don't laugh at me."
"After hearing your words today, I realized how much I have missed all these years."
Lin Fei looked at Li Yanhong, smiled and said:
"Director Li, how much you missed, it's useless to regret now."
"Right now, let's take advantage of the present.
"Well, now you should know why we give priority to 【Qiandu】?"
"Do you want to consider cooperating with us?"
After combining the explanations made by Lin Fei just now,
Li Yanhong also really knew where the industries of their [Qiandu] and [Jiaxing] fit together.
It is nothing more than [big data] and [computing mechanism]!
Indeed, these two things are indeed very important to Jiaxing.
With the support of [Qiandu], Jiaxing can better optimize its various products.
In this way, it is not surprising that Lin Fei will make such a decision.
As for why Lin Fei came up with the idea of acquiring 51% of 【Qiandu】?
This is actually not difficult to understand.
If you don't hold shares with absolute initiative in [Qiandu],
Then their cooperation is not considered solid,
In case one day, 【Qiandu】 goes crazy and suddenly interrupts all calculation mechanisms,
More than half of these industries under Jiaxing's banner must be paralyzed immediately.
No enterprise will hand over its lifeline to others,
Therefore, only when you truly become your own person can this matter be considered solid.
Thinking of this, Li Yanhong also felt that this matter suddenly became clear.
It's actually not that complicated,
As long as it is straightened out, it is not difficult to understand the intentions of Lin Fei and Jiaxing.
In Li Yanhong's eyes,
Lin Fei can candidly point out [Qiandu]'s mistakes and flaws,
that's enough
It proved that he was negotiating this matter with himself with enough sincerity.
Otherwise, there is no need for the other party to tell me so much,
From this point of view, the other party wanted 51% of the shares, just to ensure safety, not to take away [Qiandu] from oneself!
That being the case, then this business can indeed be done.
Li Yanhong's reaction speed is also very fast,
After thinking everything over,
In the next second, he raised his head and looked at Lin Fei:
"If it's based on the circumstances."
"I can accept the transfer of 51% of the shares to Jiaxing.
"But what price can Jiaxing offer?"
"As far as I know, you don't seem to have much cash on hand."
"Or, according to my previous proposal, to carry out cross-shareholding with us [Qiandu] at a ratio of 1:1?"
In Li Yanhong's eyes, the current market value of [Qiandu] is 37 billion meters.
Converted into RMB, it is almost 220 billion.
To take away the absolute controlling stake at one time, do you have to buy it at a premium?
So 51% of [Qiandu] shares [at least have to come up with a price of about 130-140 billion.
The main body valuation of Jiaxing is around 100 billion,
It is obviously unrealistic to spend 130-140 billion in cash to acquire the shares of 【Qiandu】.
Therefore, Li Yanhong feels that the cooperation method proposed by Lin Fei should be replaced by the shares of Jiaxing.
As a result, the next second,
What Li Yanhong didn't expect happened.
Lin Fei shook his head directly, expressing that he did not intend to use the shares of Jiaxing and [Qiandu] to exchange shares.
Hearing this, Li Yanhong looked at Lin Fei suspiciously:
"If it's not a replacement share?"
"Then you Jiaxing, can you come up with more than 100 billion in cash?"
Lin Fei smiled and shook his head:
"No, more than 100 billion in cash, how can we get it out?"
"Actually, my so-called cooperation method is to exchange equity."
"It's just that it's not the equity of our Jiaxing that was replaced!"
"It's the equity of [Kuai Yishou] this product."
Hearing this, Li Yanhong was stunned for a moment,
"Use the equity of [Kuai Yishou] to replace our [Qiandu] shares?"
"Something's wrong, Mr. Lin, what Jiaxing wants is our 51% stake in [Qiandu]!"
"Could it be that you plan to transfer the [Quick Hands] project to us as a package?"
【Quick First Hand】Although this product has just been released, it has already exploded with amazing potential.
Therefore, the potential valuation given by the market to this product can also be around 100-200 billion.
But this is just a potential estimate,
And what about the equity of [Qiandu]? That can be exchanged for real money immediately.
Unless the whole project of [Kuaiyishou] is transferred to [Qiandu],
Otherwise, this transaction, no matter what, [Qiandu] would be considered a loss!
Of course, even if it is packaged and transferred, it is still a loss for 【Qiandu】,
Because the risk of this transaction is really a bit big.
The first update!!!
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