Reborn in 2011, 985 missing from two copies

Chapter 279 Chairman, Baidu is finished
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 82!"

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.

"It's over, everything is over!"

"boom!"

"Yes, Baidu's stock price was soaring just now. I just took a heavy position, why did it collapse?"

" NavInfo has become a Tencent company. As a sworn enemy, it will no longer cooperate with us after the license expires next year."

"???" Li Yan was stunned, and suddenly thought of a terrifying reality: "Could it be SiDInfo..."

Baidu Maps and smart driving are all over, but they are still holding a celebration party?
What an irony!

"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."

"Without even the underlying map data, the future of Baidu Maps is ruined!"

The goblet containing Lafite fell to the ground hard and fell into pieces.

But capital institutions have professional analysts, so they can naturally understand it.

His eyes were wide open, filled with anger and despair!

Li Yan: "..."

Isn't this funny?

And it fell even lower, to 1850 billion, then 1800 billion, then 1750 billion... It's still plummeting crazily!
The plummeting seems to have no end.

Li Yan's face turned pale: "!!!"

His face instantly became as pale as paper.

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 2050 billion, but fell back in the blink of an eye.

What's the 82 Lafite, what's the celebration party?

However, what are you afraid of?

"What! So fast!"

"It's hard to understand. Isn't AI very powerful? It's very promising. How could it fall so hard?"

For a time, many investors were confused:

The hand holding Lafite was trembling.

A subordinate held his mobile phone and couldn't help but said: "Chairman, the news has been leaked!"

Li Yan's face changed drastically, and he said quickly: "We must control the news, and we 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!"

"I came here to buy the bottom, but I got trapped! It's so outrageous!"

"What the hell, the whole strategy is over!"

Decisively sell the stocks you just heavily held at low prices, even if you lose some money.

"Damn! They are so quick, they deliberately want us Baidu to die!"

"How could this happen? Baidu's V-shaped rebound turned into a vertical collapse again?"

So funny!
What's even worse is the stock price!

For more professional news, Liucai can't understand it. Even if it is on the hot search, they can't understand it and they only know how to buy it.

The stock price raised by Baidu Maps + AI intelligent driving will also completely collapse as a result.

"Today, Director Wang rejected our acquisition of AutoNavi. When I rushed to NavInfo in the afternoon, Alibaba was out, and Tencent took 15% of NavInfo's shares for 10 billion. From now on, NavInfo will become a Tencent company, and our Baidu map is finished. !”

At this moment, Li Yan only felt ironic!

"It will operate until next year at most, and it will be completely finished the year after that!"

"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."

"Baidu Maps is over, and the AI ​​intelligent driving that we invested heavily in research and development is also over!"

What's even more terrible 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, AutoNavi, etc. were also trampled on!
Tell me now, even the underlying map data is gone!
What else are you doing?
The grand hegemony of Baidu Maps + AI intelligent driving has just begun and is already over!

When they saw Tencent's investment in NavInfo, the institutions understood the consequences, and knew that Baidu Maps + AI driverless dominance was over before it even started.

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 15 billion in NavInfo and became the second largest shareholder of NavInfo! 】

But the leeks don't understand and are still buying and selling like crazy.

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. Baidu Maps has no underlying data available, and it is 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?"

"With all the underlying map data authorization gone, Baidu Maps is finished. When Baidu Maps is finished, the so-called AI driverless driving becomes 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! By the way, what 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. He and Goose Factory are sworn enemies again. It's really over."

"Baidu's stock price is likely to fall to an extremely scary level tonight!"

“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% and sold half of it and caught half of it."

"I just missed the opportunity to increase my position, and it's 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 learns to walk, he wants 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, while 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 guarantees the strategic security of the underlying map data. Based on this, whether it is developing o2o or intelligent driving, there is a bright future."

"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 his 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 US$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 42.3% and were trapped.

Baidu's market value has also dropped from the previous 2800 billion to 1608 billion, almost halving.

Looking at the appalling stock price, the entire Baidu fell into melancholy.

Looking around at the feasting celebration banquet, Li Yan's mouth twitched and he didn't know 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 is wise. Goose Factory really took action, directly blocked the authorization of Baidu Maps with 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. They refused to authorize Baidu and jointly blocked 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 Kaili De 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 created a team of traders, just for shorting Baidu!
They are all sworn 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 go short with 40 billion yuan and add five times the leverage!
In this way, you can advance and retreat, ensuring considerable returns without too much risk.

When it was shorted a few days ago, Baidu's stock price was US$148, with a market value of 2800 billion yuan.

After Wang Yi shorted Baidu, he directly sold all his stocks and cashed out 200 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 16.5 billion used to acquire Sogou and the 35.5 billion used to acquire AutoNavi were both 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 Amap, and then using Sogou and Amap 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 services, both of 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 10 billion to 20 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 Alibaba to spend ten years of research and development. Tencent feels that it is too advanced, and Baidu cannot understand it directly...

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 discounts. Although it cannot be said that there is a % discount off the original price, the % or % discount is real.

It’s not that after many years, the price first increased and then decreased. It seemed like 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!
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 and 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.

Therefore, 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 working on Baidu, we can only use the money from shorting Baidu to acquire Sogou AutoNavi and continue working on Baidu!

Focusing on a perfect closed loop!
After Baidu is overthrown, Wang Yi makes a lot of money by shorting Baidu, and he 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 more clever.

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 40 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.

"it is 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, close 200 million shares! If it falls to around $75, buy back another 300 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 of 2000 million shares at a time until the delivery deadline was approaching.

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 from tonight, as long as the price is right.

In this separate operation, after a period of time, sufficient shares can be slowly repurchased and delivered to the brokerage.

At that time, the short selling will be stable.

As long as you can make a small half, Wang Yi is not greedy.

Afterwards, Wang Yi hugged Lin Shu and fell asleep deeply.

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.

Be it Li Yan, Qu Xin, or other senior executives, none of them could 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 form 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 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 thought it was 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 ten years from now. It is not okay 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. Therefore, 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: "Both Penguin and Xingyi Technology 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, it will be no problem if the price is increased by five times!”

Qu Xin nodded solemnly: "Don't worry, Chairman, I will go to Xingyi Technology again tomorrow. In addition, we must prepare crisis public relations and stabilize users. Currently, a large number of Baidu Map users are uninstalling and switching to Amap!"

"Okay, I understand this. We need to get the Gaode 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!"

"it is good."

……

The next day, Wang Yi went straight to the closed hotel where the short-selling team was located.

"Chairman, Baidu's stock price plummeted last night. According to your instructions, we collected 500 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.

Wang Yi then 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 Amap's underlying map data. 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!

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. Why do we need authorization from children?"

Wang Yi smiled slightly: "Zi Yan, see you off!"

"Mr. Wang!" Qu Xin's face changed drastically. He wanted to say something, but Wang Yi had already ordered him to leave.

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 he 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 let go of the great opportunity to kill Baidu Maps?
This made Baidu very angry, but it was helpless.

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 search:

[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 and may go bankrupt! 】

[Without even the 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.

Never would he have thought that his great ambition to dominate would end up being compromised 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...

Without any hesitation, Wang Yi decisively issued an order for the short-selling group to buy back another wave of stocks.

70 US dollars or less, collected in installments!
For a behemoth like Baidu, even if Baidu Maps + AI autonomous driving have problems, 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, if there are favorable policies, there is hope for it to return to $80 or $90.

Wang Yi will not be dazzled by victory, so he will naturally accept the good news and buy back in batches.

That night, another 500 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!
(End of this chapter)