Chapter 383 Acquisition of Gaode
In Ele.me’s subsequent planning, the issue of inaccurate LBS is always an obstacle that cannot be avoided.

Wang Yuan, the technical director, said, "Boss, if we want to expand, we have to solve our own problems, right? Other problems are easy to solve, they are nothing more than some bugs in product experience and some detailed functions."

Zhang Xuhao sighed, "Let's find a way to temporarily optimize it."

Wang Yuan was somewhat helpless. "Optimization is fine, but the input-output ratio is too high. Optimizing the current positioning function is like modifying a tractor. Even if I make it look like a supercar, it won't be able to accelerate from 0 to 100 km/h. I don't have the ability to do that, you know."

Zhang Xuhao had a headache. "I understand. Didn't you call the big boss before?"

Kang Jia was a little anxious. "You said that several days have passed. The boss wouldn't have forgotten about this matter, right? Why don't you call and ask again? We are now racing against time. We can't be dragged down by this issue forever."

"Well, could it be that the big boss has already been talking to AutoNavi? We just don't know. Deng Ye, why don't you search online? If there are no clues, I'll give them a call and ask."

"Well, I'll check."

Deng Ye took his laptop and started surfing the Internet, then he hit a reef and let out an octave-high scream.

The other three people skipped this question and were about to talk about the next topic, but were almost sent away to see Tai Nai by Deng Ye's shout.

Wang Yuan, who was standing next to Deng Ye, looked at this guy with an expression as if he had seen a ghost. This guy was a tough guy who could watch The Grudge in the middle of the night without feeling anything. What could scare him so much? This shouldn't be the case. Could it be a dirty thing without clothes?

Wang Yuan patted him but he didn't respond. Then he moved closer to the computer and saw that he was also infected with the same emoticon pack.

Kang Jia didn't believe it and walked over to take a look, opening his mouth in disbelief.

Zhang Xuhao was puzzled. "What kind of concentration do you have? Let me see what's going on~"

But when he saw the content of the news, Zhang Xuhao immediately expressed his shock with an "Oh shit!"

Because at this moment he looked through the Xinhua Dictionary in his mind and found that only this modal particle could perfectly express his strong emotions.

On the computer screen, the title "Bian'an Group acquires AutoNavi for US$8 million" was very eye-catching.

The details are as follows:

"The Bi'an Group announced that it intends to acquire AutoNavi shares in cash at a price of US$13 per share, with a total capital of US$8 million.

After the transaction is completed, AutoNavi will be delisted from NASDAQ and privatized, and AutoNavi Holdings will become a 100% subsidiary of Bi'an, with all original team members retained.

After the acquisition, AutoNavi will continue to develop independently. Zhang Xiaolong, senior vice president of Bian Group, will concurrently serve as CEO of AutoNavi Holdings. Cheng Congwu, former CEO of AutoNavi Holdings, will continue to stay at AutoNavi and serve as special advisor to the CEO of AutoNavi Holdings.

In the future, AutoNavi will embark on a journey of comprehensive integration with the Bian Group's business to enhance its basic map-related service capabilities.

The acquisition is expected to be completed before the end of November! "

The news article consisted of only a few hundred words. Zhang Xuhao read it over and over again three times to make sure he was not dreaming. He could hardly speak clearly.

"Ah? You're buying it now?"

When I called my boss, what did I say on the phone?

It seems like the boss asked if I had any good suggestions, and I said that Gaode is pretty good.

The boss just said okay and hung up.

At that time, he called the boss to express that it would be a great honor for Ele.me to cooperate with AutoNavi, spend less money, and be a little more extravagant and let AutoNavi send a few technicians to customize the map service according to Ele.me's needs.

I didn’t expect that the boss would be so crazy as to spend 50 billion to buy AutoNavi. He bought it!

Unclear description of requirements and misunderstanding resulted in misunderstandings worth $50 billion.

This should be considered a negative example that will last forever, right?
For a moment, Zhang Xuhao didn't know whether to cry or laugh.

Although Zhang Xuhao knew that every move of his boss was meaningful, he must have had more careful plans and arrangements for the acquisition of AutoNavi.

But after all, the source is on his side, otherwise why doesn't he acquire Siwei Tuxin.

The boss really made me cry!
As Zhang Xuhao thought about it, from Ele.me's perspective, he wanted to laugh, but for some reason he felt tears in the corners of his eyes.

The other three also came back to their senses and stared at their boss.

Deng Ye gave Zhang Xuhao a thumbs up and said, "Boss, you are awesome. How did you trick the big boss into buying AutoNavi for 50 billion?"

Kang Jia was also incredulous. "How come you have such a good eloquence? How did our Ele.me only sell for 1 million yuan?!"

Zhang Xuhao felt that the more he explained, the worse it got. Finally, he made up his mind, "Hey~~~ A few days ago, I suggested to the big boss that we should keep a low profile, but it turned out to be such a big deal. After all, the big boss is still young, and he just wants to save face. Please understand! Bi'an is not short of money~"

Wang Yuan glanced at the other three people and said, "No matter what you think, I can't stand people showing off in front of me~"

The three of them looked at each other, and then looked at Zhang Xuhao at the same time, "Cut him!"

Then the Ele.me founding team members started to communicate with each other in a friendly and cordial manner.
The room was filled with the sound of bangs and bangs, a harmonious scene of brothers and sisters
When the news of Bi'an Group's acquisition of AutoNavi Maps came out, peers in the industry were shocked.

These people do not look at the problem in isolation, but look at the other side's move in conjunction with Mi'an Dongfeng's overall situation.

Perhaps AutoNavi Map’s previous business was just website maps and map navigation, but after being acquired by the Bi’an Group, AutoNavi’s strategic positioning is no longer that simple.

Amap will become a potential important entrance and rich data resource for the Mi'an Dongfeng e-commerce alliance in the mobile Internet, providing great strategic depth for its future development. At the same time, the LBS capabilities in WeChat can be greatly improved, which is a powerful tool to accelerate the transition away from micro-chat.

What is also incomprehensible to peers and the media is that Bi'an has such abundant cash flow? Previously, it spent tens of billions of dollars to become a shareholder of Nvidia.

Now they are acquiring AutoNavi for 50 billion yuan, or are they just buying it for cash? It's a blitzkrieg.

You have to know that even BAT's use of funds at this level is basically through investment or acquisition in the form of stocks and cash.

Many people secretly speculated how much money Bi'an had made in the game in the past two years, or how many billions of funds Chen Mo had at his disposal.
On this day, the valuation of Bi'an has become a new topic for some institutions.

At night, NavInfo also had various revelations. First, Baidu executives made a surprise visit. Then there was news that Tencent’s financial leader Martin Lau was also in contact with NavInfo.
After all, AutoNavi has already been taken, and NavInfo, the only other company in the market, immediately became the only popular product and a must-have product for Tencent and Baidu.

Everyone can see Tencent’s passiveness. After the cooperation between Tencent Maps and AutoNavi expires, based on the relationship between Bi’an and Tengxun, Chen Mo will definitely not renew the contract.

By then, Tencent will not have a new map service provider, and it will most likely not be able to compete with NavInfo, which has a close relationship with Baidu. How will Tencent Maps compete with Baidu Maps then, even though they have never competed before?

Fujin Map: Danger! has become everyone's consensus.

Saturday, April 11.

Chen Mo rarely appeared in the company's own office, because the acquisition of AutoNavi was not just a matter of issuing a document, and there were still a lot of things to deal with afterwards.

Not only did he come to work overtime, but Zhang Xiaolong and Zhou Shouzi also came to the company.

However, when he called the two of them last night and asked them to come to the company, he found out during the conversation that it seemed that these executives from the other side would show up at the company every Saturday, and their work would either be summarizing the work of this week or planning the work for next week or even half a month.

Only I, the boss, have two days off a week.

However, it is only at their level and they do not receive overtime pay. Managers below the director level have two days off a week.

Okay, let them do what they want. Chen Mo was not happy to see it happen. After all, apart from himself, these guys were the highest paid in the group, so it would be good for them to suffer a little.

Chen Mo first glanced at his WeChat and found that the WeChat group of "Mi'an Dongfenghao" had a few more messages~
There are very few people in this WeChat group, only 4 of them have added me, all of them are my good brothers, and I added notes to each of them.

Dongzi: Brother! That’s awesome!
Xiao Lei: Efficiency, [thumbs-up]
David: 666~
Chen Mo took a look and found that most of the messages were from last night. He didn't know when he had turned this group into do not disturb mode. He really shouldn't have done that. After canceling the do not disturb mode, he thought about it and replied.

Momota: Gaode will serve the brothers wholeheartedly. Anyone who needs map services will be offered a 20% discount out of brotherhood price!

After a while, beep beep, these guys replied quickly, but the format was very uniform "."

Chen Mo threw his phone on the table and started to work.

As for the follow-up of the Four Maps Reform, Chen Mo is not worried. Let Xiao Ma Ge and Li Ge fight it out. It would be better if they break off each other's heads. It's a pity that Lao Ma didn't get involved.

Although the acquisition of AutoNavi has been finalized, the big things to come include the delisting of a listed company and the integration of businesses. It is expected that the initial integration will be completed by the end of December.

Next, Zhou Shouzi and Zhang Xiaolong will be busy. After arranging them, I will have to continue my work.

Now Zhang Xiaolong is caught in a battle on four fronts, three of which are on WeChat: mini-programs, Double Eleven, and Collect Five Blessings; the new task is to integrate AutoNavi's business.

Chen Mo confirmed the priority of work responsibilities with Zhang Xiaolong and divided them according to the four-quadrant rule. For example, Double Eleven is urgent and important, collecting the five blessings is important but not urgent, and so on.

Then he asked him to delegate some of his energy and power on WeChat to Xu Liang.

The latter is a veteran employee who followed Chen Mo from Xiaomi to WeChat. Over the past year or so, he has performed very well as Zhang Xiaolong's deputy at WeChat.

Zhang Xiaolong was very satisfied with his deputy's performance and approved of Chen Mo's arrangement.

This way he can free up nearly half of his energy to focus on Gaode's business.

"AutoNavi Maps pays attention to two things. First, the reconstruction and selection of personnel. If they are not capable, they can be trained again, but if they do not meet the values ​​of the other side, they will be given a gift package directly."

"Ok!"

"Second, observe Cheng Congwu's reaction. If you can use him, use him. If not, you can handle it yourself."

"understand!"

"Third, first select a technical team from there and send it to Zhang Xuhao at Ele.me to complete the Ele.me map and LBS positioning. In addition, I sent you a copy of the AutoNavi follow-up development plan that I compiled earlier on WeChat. This document is known only to you and me. Follow the general direction above, and you can decide the details yourself!
Someone told me that for finance, contact Zhou Shouzi, and for human resources, contact Xu Peixin. That’s about it!
I don’t require any profit targets for Amap right now. I just want to make good products and provide good services! OK?”

"OK!"

"Any more questions?"

Zhang Xiaolong usually had a serious expression, but at this moment he smiled, "Boss, you have thought it through. You have answered all my questions~"

"The work is heavy and the mission is numerous. Soldiers know to eat a full meal before going to the battlefield, and generals should do the same!

As the CEO of AutoNavi, you should be granted 3% of AutoNavi's shares. You will go to Zhou Shouzi to sign the relevant contract. Let's work together to make WeChat and AutoNavi flourish and bring better experience and convenience to users!"

50% of 3 billion is 1.5 million. This is not only a reflection of the boss' generosity, but also an affirmation and a responsibility. When encountering such a boss, how can the subordinates not serve him till death!
The smile on Zhang Xiaolong's face disappeared, and he pursed his lips and promised, "I will be loyal to my king while I am fed by him!"

"Boss, look at my performance!"

After saying that, he turned around and strode away.

Back in his office, Zhang Xiaolong couldn't wait to open the document and look at the contents.
"The core of the map competition is the data competition. Whoever has the most complete map data, the fastest update, and the most accurate will become the key to the subsequent competition.
In response to the current problems of Amap, the overall solution is divided into three general dimensions as follows
In the future, Amap will become one of the core technologies of intelligent driving
In the future, we can pay attention to the development of my country's aerospace industry and access to satellite-level positioning (to be determined).

Zhang Xiaolong's eyes were burning as he tapped on the keyboard from time to time, recording some of the fragmented inspirations and thoughts that came to him when he was reading documents, because every time he could learn something new from his boss, this was the happiest thing for him.

After reading the whole article, from the macro level to the specific methods and methodologies, and then to the future foresight, it can be regarded as a guiding example in the industry.

Just like a game between chess players, it is rare for ordinary executives to see the first three steps, but Zhang Xiaolong boasts that he can now see the fourth or fifth step.

But for some reason, he felt that his boss seemed to have seen through the future direction of this game, and even the final outcome.
Since arriving at the other side, Zhang Xiaolong can feel his own progress, but the greater his progress, the stronger his feeling towards his boss becomes.

Perhaps other executives on the other side also sense this powerful ability in their boss.

There are not many employees who leave Bi'an, and only a handful of middle-level managers have changed jobs. At the level of core executives, it is very stable, and no one has any other intentions.

Of course, it may also be related to the fact that other companies cannot offer such high salaries.

The pay is sufficient, the power is in hand, and there are opportunities for growth and room for advancement. You would never find such a company and such a boss even if you searched with a lantern.

The most important thing was the dinner before they returned from the team building during the National Day holiday. After drinking for thirty minutes, the boss said something that moved all the executives present.
(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like