Especially now that Baidu is still having a celebration party and popping out champagne!
How ironic!
Qu Xin opened his mouth. He really didn't know how to crush the dreams of Li Yan and others. He told them to celebrate with a hammer and Baidu was finished!
Under the feasting and feasting, Li Yan also noticed something strange about Qu Xin and said with concern:
"Laoqu, why do you look so ugly? Did you spend more money to invest in NavInfo?"
"It's okay, it's all trivial. As long as it can ensure the strategic security of our Baidu Map's underlying map data, it's all worth it. It doesn't matter. Come, have a drink! Lafite in 1982!"
With that said, Li Yan handed Lafite over.
Qu Xin did not dare to pick it up, but said: "Chairman, Baidu is finished!"
"???" Li Yan looked confused: "What's the end?"
"Baidu Maps is over, AI intelligent driving is over, everything is over!" Qu Xin said hysterically.
"???" Li Yan was stunned, and suddenly thought of a terrifying reality: "Could it be SiDInfo..."
"Yes, yesterday when I was discussing the acquisition of Amap at Xingyi Technology, Tencent and Alibaba sent their vice presidents to NavInfo to rush to buy shares."
Li Yan: "..."
"Today, Director Wang rejected our acquisition of Amap. When I rushed to NavInfo in the afternoon, Alibaba was out, and Tencent won 10% of NavInfo's shares for 1.5 billion. From now on, NavInfo will become a Tencent company, and our Baidu map is finished.
!”
Li Yan's face turned pale: "!!!"
The hand holding Lafite was trembling.
His face instantly became as pale as paper.
His eyes were wide open, filled with anger and despair!
" NavInfo has become a Tencent company. As a sworn enemy, it will no longer cooperate with us after the license expires next year."
"Another underlying map data provider, AutoNavi, was fully acquired by Wang Yi. Due to the hostile relationship between the two parties, it is even more impossible for us to authorize it."
"Without even the underlying map data, the future of Baidu Maps is ruined!"
"It will operate until next year at most, and it will be completely finished the year after that!"
"Baidu Maps is finished, and the AI ​​intelligent driving that we invested heavily in research and development is also finished!"
"What the hell, the whole strategy is over!"
"boom!"
The goblet containing Lafite fell to the ground hard and broke into pieces.
What kind of 1982 Lafite, what kind of celebration party?
At this moment, Li Yan only felt ironic!
Baidu Maps and smart driving are both over, but they are still holding a celebration party?
What an irony!
What's even worse is that a media conference was held today, hot searches were arranged, Baidu Maps + AI intelligent driving strategic plan was hyped up, and Xingyi Technology and AutoNavi were also reviewed!
Tell me now, even the underlying map data is gone!
Then what else?
The grand hegemony of Baidu Maps + AI intelligent driving has just begun and is already over!
Isn't this funny?
So funny!
What’s even worse is the stock price!
The stock price boosted by Baidu Maps + AI intelligent driving will also completely collapse as a result.
"It's over, everything is over!"
Li Yan's face changed drastically, and he said quickly: "We must control the news and must not let the news leak. Once the news leaks, our Baidu stock price will plummet again, not to mention rising back! It will fall even harder, and it will be even more miserable!"
But what are you afraid of, what will come.
A subordinate held his mobile phone and couldn't help but said: "Chairman, the news has been leaked!"
"What! So fast!"
Li Yan broke out in a cold sweat and snatched the phone away, only to see a piece of news on the hot search:
[Tencent strategically invested 1.5 billion in NavInfo and became the second largest shareholder of NavInfo!]
"Damn! They are so quick, they deliberately want us Baidu to die!"
Li Yan turned pale and thought of the consequences for a moment!
Sure enough, as soon as this news was released, Baidu's V-shaped rebound in stock price quickly stopped rising, and then plummeted again!
It finally rose back to a market value of 205 billion, but fell back in the blink of an eye.
And it fell even lower, to 185 billion, then 180 billion, then 175 billion...it's still plummeting like crazy!
It plummeted as if there was no end.
For a time, many investors were confused:
"How could this happen? Baidu's V-shaped rebound turned into a vertical collapse again?"
"Yes, Baidu's stock price was soaring just now. I just took a heavy position, why did it collapse?"
"It's hard to understand. Isn't AI very powerful? It's very promising. How could it fall so badly?"
"I came here to buy the bottom, but I got trapped! It's so outrageous!"
For more professional news, Lianzai can't understand it. Even if it is on the hot search, they can't understand it. They only know how to buy, buy, buy.
But capital institutions have professional analysts, so they can naturally understand it.
When they saw Tencent's investment in NavInfo, the institutions understood the consequences and knew that Baidu Maps + AI's unmanned driving hegemony was over before it even started.
Decisively sell the stocks you just heavily held at low prices, even if you lose some money, that's no problem.
But the leeks don't understand, and they are still buying and buying like crazy, taking orders.
It wasn't until Baidu's stock price completely collapsed that the Leeks came to their senses and asked why.
Several people in the industry couldn't stand it anymore and explained:
“Baidu has lost its foundation, what future does it have?”
"What do you mean? Please give me some advice. I just bought some Baidu stocks."
"The latest news is that Tencent has taken a stake in NavInfo. As a competitor, it will no longer authorize Baidu's underlying maps in the future. Baidu Maps has no underlying data available, and it's completely over."
"Baidu can use other companies."
"It's useless. Another AutoNavi company was acquired by Xingyi Technology. Baidu blocked Xingyi Video and belittled Xingyi Technology and Director Wang. How could Director Wang give him authorization?"
"If the underlying map data authorization is gone, Baidu Map is finished. Baidu Map is finished. The so-called AI driverless driving has become a fantasy! Baidu is finished!"
"I see. No wonder Baidu, which was in a bull market just now, has now become a bear market."
"Fuck, if I hadn't told you earlier, I would have already invested heavily in Baidu!"
"Me too, crying! What the hell is the bottom map?"
"Oh my god, you don't even understand this, how dare you buy stocks?"
"What do I know? I just follow the trend and see what others buy, so I buy what I want."
"Brother, promise me not to speculate in stocks and find a factory! You will be grateful to me."
"I watched him build a tall building, watched him entertain guests, and watched his building collapse. Baidu's wave is too tragic to watch."
"Yeah, it's just that he committed suicide and offended Director Wang so badly. And he and Goose Factory are sworn enemies. It's really over."
"Baidu's stock price tonight may fall to an extremely terrifying level!"
“When I saw the news about Tencent’s investment in NavInfo, I decisively lost 20% and sold it all.”
"Awesome, I was too slow to make a move, I lost 25%, sold half of it, and caught half of it."
"I just picked up the missing position and added it, and it was your order! Now I'm trapped!"
"Thank you good man!"
“Thank you Leek!”
"..."
"Baidu is so funny. It doesn't even have the underlying map data, and it still wants to build AI driverless cars. It's a joke."
"Baidu also said that Gaode was not worthy of being their opponent. Now it's better. Even if they call them daddy, Gaode won't help them."
"Baidu is a typical pie-in-the-sky player. Before he learned how to walk, he just wanted to fly. Baidu is too unreliable."
"Yes, the existence of this kind of enterprise is to deceive people."
"Li Yan made such wild claims that Amap is just a map and Baidu is an AI driverless car. He laughed so hard. How can Baidu drive a car without a map?"
"Baidu never loses when it brags, and never wins when it works hard!"
“When it comes to doing things in a down-to-earth manner, we have to look at Xingyi Technology.”
"Yes, Wang Dongxian's wholly-owned acquisition of AutoNavi directly ensures the strategic security of the underlying map data. Based on this, whether it is developing o2o or intelligent driving, the future is promising."
"Hahaha. Baidu's ambitious hegemony actually needs Xingyi Technology to realize it. It's really funny."
"Baidu is useless, I will never trust Baidu's PPT again."
"Oh, poor Li Yan, he just boasted about Baidu Maps + AI driverless hegemony during the day, and the hegemony went bankrupt at night. It's so funny!"
"By the way, does this J8 company only brag?"
…
Half an hour after Tencent's hot search went out, Baidu's stock price completely collapsed.
The stock price dropped from US$108 half an hour ago to US$85.
Compared with the previous peak stock price of $148, it is even close to halving!
For a time, all the institutions and investors who had heavy positions in Baidu were harvested indiscriminately and trapped.
Those who run fast will lose 20% or 30%.
Those who ran slowly, especially those who entered the market at $148, lost 3% and were trapped.
Baidu's market value has also dropped from the previous 280 billion to 160.8 billion, almost halved.
Looking at the appalling stock price, the entire Baidu fell into melancholy.
Looking around at the feasting celebration banquet, Li Yan's mouth twitched, not knowing what to say.
Half an hour ago, Baidu's stock price rebounded in a V-shape, with a market value of tens of billions in one day!
Half an hour later, Baidu's stock price plummeted, plummeting by tens of billions in one day!
It’s true that extreme joy leads to sorrow!
People's joys and sorrows are not the same.
Seeing Baidu's plummeting stock price and market value, Jian Ziyan felt proud:
"Chairman Yingming. Goose Factory really took action. He blocked the authorization of Baidu Maps through a hot search, hahaha!"
"Everything is as you expected. Xingyi Technology and Goose Factory have joined forces to block Baidu! Baidu will no longer have underlying map data available after next year!"
Wang Yi smiled slightly and was in a good mood: "This is a tacit understanding."
Wang Yi and Ma Dong had no communication, no discussion, and no face-to-face meeting.
But both of them acted in the same way, refusing to authorize Baidu and jointly blocking it!
The market in the map field is limited, and only those who can do it will die.
As for Baidu Maps, it was the first to die.
If we kill Kailide Maps again, from now on domestic maps will be dominated by Amap and Tencent Soso Maps.
Of course, it is mainly based on Amap. After all, Tencent Soso’s map is too small and not as good as Sogou Map.
But Amap has a bright future, and it is only a matter of time before it monopolizes the market.
But Wang Yi was even more happy because Baidu's stock price plummeted. He made more money by shorting Baidu.
As early as when Baidu blocked Xingyi's video, Wang Yi had already arranged to short Baidu!
With the previous experience of shorting HM, practice makes perfect now.
Some time ago, Wang Yi had specially built a team of traders, just for shorting Baidu!
They are all mortal enemies anyway, so let’s deal with them to death.
After all, it would be unreasonable not to short-sell such a sure-win situation.
As for the scale, Wang Yi decided to short-sell with 4 billion yuan, plus five times the leverage!
In this way, you can advance and retreat, ensuring considerable returns without too much risk.
When we were shorting a few days ago, Baidu's stock price was US$148, with a market value of 280 billion yuan.
After Wang Yi shorted Baidu, he directly sold all his stocks and cashed out 20 billion at a high price.
After Baidu's stock price plummeted, Wang Yi repurchased the borrowed shares and returned them.
The difference between the two is Wang Yi's profit.
That's right, the 500 million used to acquire Sogou and the 500 million used to acquire AutoNavi were all used to cash out from shorting Baidu.
It is equivalent to Wang Yi using the funds to cash out from shorting Baidu, acquiring Sogou and AutoNavi, and then using Sogou and AutoNavi to do Baidu!
It’s almost equivalent to working on Baidu with bare hands!
As for Xingyi Technology's own money, there is still some money, but it is reserved for other uses.
Whether it is a data center, cloud computing R&D, or chip R&D, purchasing equipment such as photolithography machines will cost money!
There are also efforts to take out food and ride-hailing online, which also require money.
Even if Xingyi mobile phones are selling like hotcakes and making a lot of money, it’s still not enough!
Wang Yi had to be careful with his budget, increase revenue and reduce expenditure.
For example, in cloud computing, Alibaba invests 1 billion to 2 billion a year. Wang Yi started even later. If he wants to develop rapidly, he can only spend more money!
Without him, Alibaba Cloud Computing is not a simple Alibaba Cloud Disk, but Alibaba Cloud Feitian System!
Alibaba Cloud Disk does not have much technical content, Baidu, Tencent, even 360, Weibo, and Xiaomi can do it.
But Alibaba Cloud Computing requires Tencent to spend ten years on research and development. Even Tencent thinks it is too advanced, and Baidu can't even understand it...
For example, during last year’s Double Eleven, why didn’t Meiyou hold any major promotions?
It’s not that Wang Yi is reluctant to spend money, or that Wang Yi doesn’t want to do it, it’s because the current Meiyou Technology does not have the strength of cloud computing, and the server cannot sustain it!
Double Eleven in 2011 still offers real money and money discounts. Although it can't be said to be a huge discount of 50% off the original price, the 30% or 30% discount is real.
It’s not that after many years, the price first increased and then decreased. It seemed to be 50% off, but in fact it was 10% off, or even more expensive than usual!
It is also a genuine 50 to 30% off sale, and the current Double Eleven event is very popular.
Coupled with Meiyou's influence, whenever Wang Yi dares to launch a Double Eleven promotion, the servers currently rented by Meiyou will be crowded in minutes!
An absolute disaster.
There is no way, Wang Yi does not have Alibaba Cloud Computing, nor does he have his own data center, so he cannot support such a large burst of traffic.
As for increasing the number of servers dozens of times for a big sale of one or two days... this is not realistic or cost-effective.
After all, after the big promotion, the traffic will return to the original level, and the dozens of times more servers will be wasted.
So Wang Yi could only give up the Double Eleven promotion.
For the development of Meiyou and Xingyi Technology, they had to build data centers and develop cloud computing, adding another money-burning ancestor!
With so many money-burning ancestors, Wang Yi could only set aside sufficient funds.
As for Baidu, we can only use the money from shorting Baidu to acquire Sogou AutoNavi and continue to work for Baidu!
Focusing on a perfect closed loop!
When Baidu is overthrown, Wang Yi makes a lot of money by shorting Baidu, and will have more sufficient funds to continue working on Baidu!
This is another perfect closed loop!
When it comes to business wars, Baidu only knows how to use its monopoly position to block and suppress companies, or use crisis public relations to push them away.
Too low-level.
But Wang Yi is taking steps step by step, using the funds raised from shorting Baidu to plan development and work on Baidu!
This is much smarter.
But the premise is that Baidu's stock price must stay at the bottom and must not rise.
Otherwise, Wang Yi will suffer a big loss!
After all, a 4 billion plate, five times leverage!
Looking at Baidu's falling stock price, Wang Yi smiled slightly:
"Today is Christmas Eve, Baidu is destined to be unsafe!"
Jian Ziyan was in a good mood: "Yes, I'm afraid Baidu will not have an easy time in the coming days."
The current situation is unsolvable for Baidu.
"Let's go, Ziyan, go back to sleep. Don't worry about it." Wang Yi said with a smile.
"good!"
Wang Yi went straight to Lin Shu's house and fell asleep holding the little rich woman in his arms.
I just sent an instruction to the short-selling team before going to bed:
[Keep an eye on the market, if Baidu’s stock price falls below $78, buy 2 million shares! If it falls to around $75, buy back another 3 million shares.]
The short selling volume this time was very large, and the leverage was increased by five times. It was impossible for Wang Yi to delay the repurchase until the delivery deadline was approaching and repurchase 20 million shares at a time.
That will definitely cause Baidu's stock price to soar, the cost will be too high, and it will easily overturn.
Therefore, Wang Yi still pursues a stable strategy and will start buying back in batches tonight, as long as the price is right.
In this way, through separate operations, over a period of time, sufficient shares can be slowly repurchased and delivered to the brokerage.
At that time, the short position will be stable.
As long as you can earn half of it, Wang Yi is not greedy.
Afterwards, Wang Yi hugged Lin Shu and fell into a deep sleep.
Lin Shu blinked her big eyes and kissed her, but she muttered in her heart:
"Xiao Yi is so kind. He hasn't forced me to do anything bad after all this time. He really loves me, hehe!"
Then he closed his eyes and fell asleep holding Wang Yi.
But Baidu headquarters is brightly lit.
No matter Li Yan, Qu Xin, or other high-level officials, they all could not sleep at night.
Even the major shareholders couldn't sit still and rushed over one after another.
Baidu's stock price dropped terribly tonight.
During this period, Baidu's stock price fell from US$148 to US$98.
Today’s crisis public relations, using the gimmick of Baidu Maps + AI intelligent driving, finally brought back US$108.
As a result, the news of Tencent's investment in NavInfo brought Baidu back to its original shape and directly made $85!
It’s now $83!
If it falls like this, it is very likely that it will be cut in half!
Li Yantou was as big as a bucket: "Tencent moved too fast. It even won SiDInfo, which ruined the future of Baidu Maps, and also ruined the future of AI driverless driving. Even Baidu's future! Everyone said that this
How to solve the current life and death crisis?”
Li Yan said it seriously, a life and death crisis!
But no one thinks it is unreasonable.
Baidu Maps + AI driverless driving is the core direction of Baidu's current vigorous development. If something goes wrong, it will really be a life and death crisis.
Qu Xin took a deep breath and spoke first:
"Chairman, Baidu currently relies on search, but it cannot still rely on search engines in ten years. It is not possible to rest on its laurels! Therefore, driverless driving must be its main business! We must not give up!"
Other senior executives also agreed: "Yes, if Baidu Maps + driverless driving fails, our current strategy at Baidu will have to be overthrown and restarted. So the underlying map data must be solved!"
"Solve it?" Li Yan smiled: "Come on, tell me how to solve it? Will Tencent authorize us? Or will Wang Yi authorize us?"
"this……"
Everyone was silent.
Li Yan sighed: "Whether it is Penguin or Xingyi Technology, they will not miss this great opportunity to kill Baidu Maps. Alas!"
"Chairman, things may not be absolute. As long as the conditions are good enough, we still have hope."
Qu Xin still doesn't give up: "Although the chance is slim, I plan to try again. Even if we can't acquire Amap, as long as we can get the underlying data authorization from Amap, even if it only takes three years, our Baidu Maps can survive!"
"As long as there is a three-year buffer period, we can acquire a company with Class A map surveying and mapping qualifications, obtain the surveying and mapping qualifications, and create our own underlying map data for Baidu! By then, we will not be afraid of being blocked by anyone."
"Okay!" Li Yan agreed very much: "This two-step strategy is very good. First, delay the attack, survive with the authorization of Amap, and at the same time lay out the surveying and mapping qualifications to survey and map your own underlying map! I leave this matter to you.
The licensing fee is not a problem, as long as we can sign it and increase the price five times, it’s no problem!”
Qu Xin nodded solemnly: "Don't worry, Chairman, I will go to Xingyi Technology tomorrow. In addition, we must prepare crisis public relations and stabilize users. A large number of Baidu Map users are uninstalling and switching to Amap!"
"Okay, I understand this. We need to get the Amap authorization as soon as possible."
Li Yan's face was very ugly: "I'm afraid that I can't get the authorization from Amap. If so, Tencent can also give it a try. After all, the market share of Amap's map is too high, and Tencent's Soso map is small in size, so it is no match for Amap.
This makes Tencent maybe willing to cooperate with Baidu Maps to deal with Amap together!"
Qu Xin waved his hand: "It is also possible that Tencent wants to kill Baidu Maps, then acquire Baidu Maps and integrate it with Soso Maps, so that Tencent will have the ability to compete with Gaode!"
"This..." Li Yan looked pale, but had to admit that this was very possible: "No matter what, let's give it a try first. If you can delay it for three more years, just delay it for three years!"
"good."
…
The next day, Wang Yi went straight to the closed hotel where the short-selling group was located.
"Chairman, Baidu's stock price plummeted last night. According to your instructions, we collected 5 million shares in batches. The average price was 77 US dollars."
"Very good, thank you for your hard work. Let's take a rest first!" Wang Yixiao said.
Afterwards, the service staff served delicious food to entertain everyone.
Of course, there is also a big red envelope to reward you!
With these people around, it is very convenient for Wang Yi whether he sells for cash or buys back.
Then Wang Yi went to Xingyi Technology, only to find a figure already waiting in the conference room.
"Director Wang, I'm here again!" Qu Xin greeted him with a smile.
Wang Yi frowned slightly: "Are you here for Gao De again?"
"No, Director Wang, don't get me wrong. I'm not here to buy Amap. I know you won't sell it. But Baidu Maps and Amap can cooperate. We can pay huge sums of money to purchase the underlying map data of Amap.
Authorization, you see..."
"Stop it!" Wang Yi interrupted decisively: "We, AutoNavi, are just map makers. How can we cooperate with Baidu, a giant that also makes maps and AI intelligent driving? We are not worthy!"
Qu Xin's mouth twitched: "..."
Director Li pretended to be cool yesterday and stepped on Gaode, but now he was hurt in return!
Boomerang hurts!
"Director Wang, we are willing to pay five times the licensing fee! Please consider it!"
Qu Xin doesn't want to give up. Once he gives up, it will be even worse.
"Sorry, it won't work even ten times. We are just three-year-old children, and Baidu is a thirty-year-old adult. How do we need authorization from children?"
Wang Yi smiled slightly: "Zi Yan, see the guests off!"
"Director Wang!" Qu Xin's expression changed drastically and he wanted to say something else, but Wang Yi had already issued an order to expel the guest.
Jian Ziyan said decisively: "Vice President Qu, please!"
Qu Xin sighed: "It's all the chairman's fault. His words were so cruel. He belittled Xingyi Technology, Director Wang, Gaode, and Sogou. Now he comes to ask for authorization. It's strange that they agreed. Alas!"
I can only leave in despair.
On the other side, people who went to Tencent to seek authorization also hit a wall!
As a mortal enemy, who would miss the great opportunity to kill Baidu Maps?
This made Baidu very angry, but there was nothing they could do.
Xingyi Technology and Tencent don't even give bottom-level authorization or transition time. Baidu Maps is really useless!
Being blocked by strategy will lead to extremely miserable consequences.
That night, another piece of news hit the hot searches:
[Xingyi Technology and Tencent both refused to authorize, Baidu Maps is completely cool!]
[Blocking Xingyi’s video + crazy trolling, Li Yan personally ruined Baidu Map’s last hope of survival!]
[After NavInfo’s new license expires next year, Baidu Maps will have no underlying map data available, or it may go bankrupt!]
[Without even underlying map data, Baidu Maps + AI driverless driving is the biggest joke of the 21st century!]
As soon as these hot searches were published, they caused a sensation all over the world.
For a time, everyone understood the stakes and the future of Baidu Maps.
And Li Yan and Baidu have become a joke!
This made Li Yan very angry: "Damn Penguin and Xingyi Technology, just don't authorize them, they have to arrange hot searches so that people all over the world can see Baidu's situation clearly!"
"What do you mean?"
"We must put Baidu to death!"
"unacceptable!"
Li Yan was furious, but there was nothing he could do.
No way would he have thought that his great ambition to dominate the world would actually end due to the security of the underlying map data!
Without any surprise, when the U.S. stock market opened that night, Baidu's stock price plummeted again.
From $75, it dropped all the way to $73, then $70...
Wang Yi did not hesitate and decisively issued an order for the short-selling group to buy back another wave of stocks.
70 US dollars per order, collected in batches!
For a behemoth like Baidu, even if there is a problem with Baidu Maps + AI driverless driving, the stock price will be cut in half, which is the limit.
Their foundation is still there, the search engine is still there, and they are still the BAT giant!
If the strategy is adjusted in time, there is still hope that the price will rise back some.
Although it is unrealistic to return to the peak price of 148 US dollars, if there are favorable policies, there is hope for it to return to 80 US dollars or 90 US dollars.
Wang Yi will not be dazzled by victory, so he will naturally accept the gains and repurchase them in batches.
That night, another 5 million shares of Baidu stock were repurchased, with an average price of $69.
"This wave of short selling is expected to make billions, or even nearly 10 billion!" Wang Yi was in a good mood.
As a result, chip research and development, cloud computing, and data centers will all be funded!
()
Chapter completed!