Reborn multinational giant

Weibo, as a popular social product second only to WeChat in China, many Internet companies cannot deal with it. Among them, Tencent Weibo produced by Tencent and Sina Weibo produced by Sina are the strongest. It's a battle between dragons and tigers.

Moreover, because Tencent takes advantage of the huge QQ relationship chain resources to directly divert, QQ users can directly follow their QQ friends after opening Tencent Weibo. At least from the surface, Tencent Weibo is even better and has no better reputation. .

It is a pity that Fang Zhe, who knows the history of the development of Weibo in the past, has long understood the nature of Weibo. The more Tencent uses QQ's relationship chain resources to divert Tencent's Weibo, the more it will die.

"I've already seen what my friends posted on Qzone. Why should I read it again on Tencent Weibo?"

A simple sentence reveals the essence of Tencent Weibo's external strength and the indomitable. As Tencent Weibo's biggest competitor, Sina Weibo, although its development speed has been stabilized by Tencent, its victory is steady and steady. It has been slowly groping for peace. Accumulate products and operations that are unique to Weibo.

To be honest, in the plans of Fang Zhe and Huizhong this year, they now do not plan to invest in Weibo, because the pan-entertainment layout is the strategic focus of Huizhong this year.

Moreover, Fang Zhe, who is familiar with the history of the development of Weibo in the past, knows that now is not the best time to invest in Weibo. Until next year, Weibo products will grow slowly due to exhaustion of user dividends, and at the same time they have not found a suitable business model. When Weibo began to be stigmatized by the market and investors began to look down on Weibo's valuation, it should be the best time for Huizhong to start.

Unfortunately, people are not as good as the sky. Right now, the three BAT companies have a tendency to join forces to deal with Huizhong. Weibo, as Tencent's current main competitor except Huizhong, has become Fang Zhe's most important target.

The process of Huizhong's shareholding in Weibo was very fast and smooth. It took only 20 days from the time when Huang Siyi and Sina Weibo were negotiated to when the two officially signed the shareholding agreement and announced the news.

"Huizhong acquired 16% of Sina Weibo's shares at a price of US$928 million!"

This news, like a boulder, hit the domestic Internet industry that has just calmed down.

"What is Huizhong doing? Huizhong only invested 1.1 billion US dollars to control Valve some time ago. After more than 20 days, Huizhong has invested in Sina Weibo again!"

In less than a month, Huizhong spent a huge sum of more than 2 billion U.S. dollars. Such a large sum of money shocked everyone and companies in the domestic Internet industry.

"My dick, last month 1.1 billion US dollars, 900 million US dollars this month, has Huizhong dug a gold mine abroad?"

"The US$928 million accounted for 16% of the shares, so Sina Weibo’s valuation is US$5.8 billion."

"That's not right. At the IT summit some time ago, didn't the boss say that he is optimistic about Tencent Weibo? Why did he vote for Sina now?"

"You don't seem stupid upstairs. How could Tencent accept Huizhong's investment? Obviously, Huizhong invested in Sina Weibo to fight against Tencent Weibo!"

"Sina has hired strong foreign aid. I really want to see Mr. Ma's face now!"

Netizens have heatedly discussed the news of Huizhong's stake in Sina Weibo, but whether it is an industry insider in the Internet industry or a discerning person with a little knowledge of the Internet industry, it can be very straightforward to see that Huizhong is going to fight Tencent!

Everyone knows that after Huizhong used WeChat to steal the mobile terminal track, Tencent has now fully suppressed Tencent Weibo. At this time, Huizhong became a shareholder of Sina Weibo. It is obvious that it wants to kill all!

"Huizhong has done absolutely nothing, this is not intended to leave a way out for Tencent!"

"To be honest, I feel a little sorry for Mr. Ma now!"

When netizens were talking about it, Fang Zhe, the chief Huizhong boss, was sitting in the reception room of Sina headquarters, drinking tea with Sina CEO Cao.

"Now that the agreement has been signed, we Huizhong will fully support you in all aspects, and Wang Gaofei from your company, you can let him try. I am very optimistic that Weibo will become a unique and excellent product in his hands. !" Fang Zhe held up the teacup, blew the tea leaves on the side the most, and said.

"Definitely, we will do our best to cooperate here!" President Cao readily nodded and agreed. The reason why Huizhong's investment in Sina Weibo went so quickly and smoothly is that the two companies' aspirations coincide.

At present, Sina Weibo and Tencent Weibo are fighting fiercely. Sina, which is not as powerful as Tencent, urgently needs a strong foreign aid support. Huizhong needs an agent to fight against Tencent for it to reduce Huizhong’s own losses. To the lowest.

After Mr. Cao agreed, he said with some hesitation, "But..."

"But what?" Fang Zhe glanced at him and asked.

"However, President Fang, I want to take the liberty to ask why you are optimistic about Wang Gaofei. Have you seen him before?" President Cao finally asked the question he had been puzzled for a long time.

Wang Gaofei is the head of Sina’s wireless business unit. His position in Sina is higher than that of Li Yifei, who had previously left Sina to start a business with Fang Zhe. He belongs to Sina’s middle and high-level executives. But even so, he is now His qualifications do not deserve to be the CEO of Weibo.

However, in Huizhong’s shareholding agreement for investing in Sina Weibo this time, Wang Gaofei was named and asked to be Weibo’s CEO and responsible for all Weibo businesses. This surprised and didn’t understand Mr. Cao.

Although the general investor will recommend some important candidates to the invested company, it is very rare to write the recommender directly into the share agreement as a necessary condition like this!

You know, when Huang Siyi, the head of Huizhong's investment department who was in charge of negotiating with Sina, put forward this condition, Mr. Cao directly rejected it on the spot. A joke, even if Sina Weibo is invested by Huizhong, it is definitely difficult to accept Huizhong directly for Sina. Appointing Weibo CEO, in that case, wouldn't Sina become Huizhong's "subordinate company"?

What's more, Huizhong only accounts for 16% of the shares in Weibo. From the equity and legal perspective, Huizhong does not have the right to directly appoint Weibo CEO!

However, President Cao was tough, and Huang Siyi was tougher than him.

"I'm sorry, Mr. Cao, it is Mr. Fang's intention to let Wang Gaofei serve as the CEO of Weibo, and it is also a necessary condition for our investment in Sina Weibo. If you cannot agree to this condition, then we can only choose another partner!"

With a word, Huang Siyi choked Mr. Cao. If he chooses another partner, who else is there. Although Tencent is unlikely, other companies are also rivals of Sina Weibo. Mr. Cao doesn’t want to see it. Huizhong will support it. Get up to a rival as powerful as Tencent Weibo.

Huang Siyi didn't give Mr. Cao any more explanations, only saying that this was what Fang Zhe meant. Mr. Cao and the high-level Sina officials could only grit their teeth and accept this condition.

Until now, President Cao finally had the opportunity to hear Fang Zhe’s personal explanation:

"I don't know him, he was recommended by Li Yifei!"

Fang Zhe threw the pot to Li Yifei.