Reborn multinational giant

Chapter 694 Winter is Coming

Tencent and Baidu's negotiators fell silent.

“Wang Dong, I admit that Huizhou is strong at home and internationally, but to say that except for the Huizhou people no one can pick up the quick dish, it is a bit true, I believe that whether it be Uber or other Internet giants in Europe and America, there will be some interest in quick!"

Tencent's representatives have some frustrated countermeasures.

Wang Wei sneered: "Oh, that's a good thing to say, but we obviously don't talk behind closed doors. I believe that before you sought to merge with Qian 'an, you should have already had contact with Uber and other Internet giants abroad. The quotes and conditions they gave will only be lower and more demanding than us!"

Wang Wei's words defeated the last fantasy of Tencent and Baidu. As a competitor, how could he not pay attention to Tencent Baidu and the quick moves?

Tencent and Baidu's representatives tried to use various words and methods to let Wang Weihe and Huihui people drop the conditions again, but it has been seen that Wang Wei, whose hearts were empty, was like a wall, holding the attitude of eating two people and behind them Tencent Baidu, inch by inch.

More than an hour later, representatives of Tencent and Baidu came in helplessly after receiving calls from outside the conference room. They had reported the latest negotiations to President Tencent Ma and President Baidu Li, and the two bosses also gave them the latest instructions.

“Wang Dong, you won!" Tencent and Baidu's representatives stretched out their hands bitterly and shook Wang Wei's hand to make peace.

In the afternoon of the same day, Wang Weibeng signed a cooperation agreement on behalf of Huizheng and representatives of Tencent Baidu. The most important items in the agreement were:

“If Fast can obtain a market valuation of not less than 5 billion USD in a quick, safe and fast merger, and the shareholders of the quick party after the merger account for no less than 15% of the equity in the new company, Tencent and Baidu agree to completely cut off the related business with Fast. ”

With the signing of this cooperation agreement between the two sides, the biggest difficulties hindering the process of rapid and peaceful integration have been completely resolved and the process of rapid and peaceful integration has entered an accelerated phase.

Fast, safe and fast merger work is proceeding in an orderly manner. Far from this beautiful snow and ice town in Switzerland, Fang Zhe also made an astonishing prediction to the global economy, especially the Internet economy, with winter coming!

The Davos Forum is one of the most famous global economic forums in the world. Its members are mostly leaders of the world's top international enterprises, heads of government at the national or regional level, heads of relevant international economic institutions, etc.

It can be said that any rhetoric or discussion about the economy here will affect and change the global economy. Therefore, Fang Zhe chooses to send a signal here that the global Internet economy is wintering!

“According to research predictions by us and several global market research institutions, this year, the growth rate of global smartphone shipments will be reduced to less than 10% for the first time. This is the slowest growth rate of global smartphone shipments since the rise of smartphones and the global spread of the mobile Internet, and also the fastest growth rate of global smartphone shipments in the next 3-5 years, or even 5-10 years. ”

As soon as the speech began, Fang Zhe quoted a set of the latest investigation reports. Despite the audience's turning around, Fang Zhe continued:

“That is, global smartphone shipments will reach their peak, and the global smartphone market will reach a balance between growth and decline, after which global smartphone shipments will gradually decline until 5G or other new growth momentum is achieved.

In the next 3-5 years, global smartphone user growth will reach the ceiling, and the global smartphone market will gradually become saturated. Such saturation will gradually spread from developed countries to sub-developed and developing countries.

For the mobile Internet, which depends mainly on smartphones, the saturation of the global smartphone market means that the demographic dividend of the mobile Internet will be exhausted and the winter of the global Internet industry will come! "

“Winter is coming!" Fang Zhe summed up the theme of his speech with the most popular phrase of the day.

After the fall, corporate CEOs, senior government officials, heads of international agencies from all over the world, their expressions or surprises or shocks, they did not expect that this young world's richest, actually said such astonishing words.

The global economic crisis triggered by the 2008 financial crisis

The repercussions of a similar global economic crisis would be enormous and far-reaching across the globe.

Fortunately, there are not a few big players in the field of field economy. In their judgment on the world economic pattern, they do not think that there will be a global economic crisis of the scale of 2008. At most, as Fang Zhe said, it is limited to the Internet or emerging technology.

Next, in his speech, Fang Zhe also gave a more detailed description and explanation of his prophetic crisis, dispelling many of the elders' concerns.

“After winter, the global mobile internet industry will enter the age of inventory games. The more countries or regions with deep mobile internet penetration like Europe, America and China, the more fierce market competition will be.

Over the past few years, the rise of the mobile Internet and the emergence of O 2 O, VR, pan-entertainment, sharing economy and other winds have made the entrepreneurial behavior of the global Internet industry extremely hot. Over the past few years, there have been more startups than in previous years. The global capital market has also become unreasonable, creating too many capital foams.

Many small and medium-sized startups, even unicorns and giant-level startups, without finding a clear business logic and profit model, have obtained abnormal huge financing, and many companies have adopted the excessive business strategy of burning money in exchange for the market, in order to obtain and favor users, various subsidies are wasted.

Today, the market enters the age of stock games, those startups that do not have core competitiveness and a reasonable business model, those that do not have enough capital reserves to survive the winter of capital, whether small or medium-sized, unicorn or even giant companies, will be gradually phased out, leading to bankruptcy, or acquired and merged!

Global capital markets will gradually regain rationality, global investment agencies and venture capital funds will tighten investment in start-ups, and the tide of capital will fade.

When the tide of capital fades, all naked swimming startups will not be able to go ashore!

Four years ago, the following phrase was popular in China's Internet entrepreneurial circle:

“What would you do if several Internet giant businesses at BAT were to imitate and replicate your business model?"

Now, starting this year, the situation will change, and one of the questions many entrepreneurs will be questioned by investors in the future, whether in China or globally, will be:

“What if Internet giants like Alibaba, Google, Amazon don't invest in your business?"