From 91, Sogou, UC see BAT investment perspective, who is more came out on top? Today, all over the world are exploring the UC thorough and Ru Ali, Ali UC mobile business group set up news, according to available information, UC valuation has more than 4 billion US dollars. The fully integrated and Alibaba, will become China's largest single acquisition of the mobile Internet field. The acquisition may contact Earlier, Baidu acquisition of 91, Tencent investment Sogou, BAT which three strategies similar to invest considerable fame, there is a very delicate relationship. Had Ali Sogou investors, Baidu want to buy UC, later Sogou repurchase Ali shares, UC refused Baidu acquisition, and now Sogou switch Tencent sects, UC completely integrated into Ali, Baidu the last high throw $ 1.9 billion to buy 91. Big Three their signings be done, we can now look, BAT's investment perspective more who came out on "vampire knight cosplay " top. Baidu acquisition of 91 fact, today UC 入阿里 this matter fully and, most unpleasant psychological should be Baidu, like the original industry are optimistic about the marriage of UC and Baidu, Baidu is very good faith to reach with UC, but insisted UC To independent development, independent of the market, the meaning of words rejected Baidu acquisition, but now it had abandoned plans for separate listing hug Ali, this number will Baidu unpleasant. If last year, Baidu acquisition UC, or the pattern of the mobile Internet is now an entirely different story, not only will not be today's 'Horse of God', Baidu mobile search status will be unbreakable, it will not have to move now to compete this search as laborious. Now, less than the original valuation of $ 2 billion acquisition of Baidu UC's budget, some too low, if the breath for a $ 3 billion, maybe UC on the heart, and now Ali to UC 40 ~ 50 billion valuation , Baidu genuinely $ 3 billion acquisition of UC, at least not lose perspective today, chances are likely to double its own market value.
After the acquisition UC regarding crashed, Baidu Fallback Option 91, and given the industry a rare ultra-high price at the time, the industry generally believe, UC is not from forcing Baidu only choice for money for time Investment initiatives to solve the plight of the time. From the time of the strategic pattern, the Internet giant Baidu is most in need of all mergers and acquisitions 91. First, this wave of mobile Internet wave App, Baidu a slight misjudgment of the situation, in order to App represented by this wave of mobile Internet wave action is much slower than other competitors, especially after being rejected UC more let Baidu briefly lost the next move. In the PC Internet era, Baidu is a web-based cash flow of the company, is China's most important Internet traffic entrance, and to move on to the App-based Internet, Baidu looked everywhere passive. A major mobile Internet company declined to be named CEO noted that the impact on Baidu's mobile Internet is fatal, because the mobile Internet greatly accelerated the process of vertical search, each vertical category in App comes with a search box, which is Baidu, a great impact. At that time, the Baidu acquisition price 91 Shizhuwunai choice, since that time Baidu need a new way to consolidate its advantage in the mobile Internet, the acquisition of the distribution platform to hatch their products is a good direction.
A blessing in disguise blessing in disguise, for now, at least stabilize Baidu acquisition of 91 mobile distribution market share, Baidu also strengthened the right to speak in the pattern of the mobile Internet. Tencent Tencent stake in Sogou Sogou shares, strategic vision as a whole can be. However, compared to Baidu full advantage of 91 after the acquisition, Tencent stake in Sogou is more vulnerable to their own business to get rid of, and to draw a strong partner. In fact, Tencent investment Sogou Baidu also indirectly help a favor, in front of Crosses 360, 360 so that the anger endless, but Baidu had 360 marriage because Sogou while hanging in midair heart calm landed. Investment Sogou, Tencent had to rid itself of the enormous pressure in the search field, Soso after more than seven years of development is still no improvement, Tencent feel tired, but not unilaterally give up the search business, had been carrying, Until Sogou Alibaba repurchase shares to seek independent development to find new investors, Tencent saw an opportunity. Now, Tencent do the search business development in their brains, just the right time to provide adequate resources, search dogs will be in front of the strikes, this moat Sogou, Tencent can temporarily relieved. Since marriage, Tencent and Sogou quite affectionate, constantly and vigorously support the Sogou mobile terminal, give money, give it away, sending traffic, sending resources, more recently data open source micro-channel public platform to search dogs, let Sogou be the only one You can search search engine micro-channel public account information.
The new Sogou also completed the transformation, installed a new VI system, the new image seems to convey to the industry Tencent loving feelings. However, due to overlap of business Tencent and Sogou too high, and just Sogou shares, was not holding, now belongs to both the investment relationship, and there are a sensitive stage of the competition subtle relationships. Tencent Soso will take the initiative and business in the hands QQ input method to Sogou, Soso because already almost mess, and QQ input method does not enhance the liquidity of Tencent, Tencent QQ has pop, it no longer needs the input method pop a. From the point of view Sogou, Soso business to enhance the market share of search dogs little practical value, and the input method Sogou business has always been the strengths, accept input method QQ just icing on the cake. Ms. Yu desire Tencent QQ browser business, higher gold content of this business, the current search dogs have a great demand for strategic complementary role, but has not promised to Tencent. For Tencent terms, QQ browser is a temporary effect, the key piece of the mobile Internet chess game, can not so easily be given Sogou, after all, not holding Tencent Sogou, if one day the two sides have any barriers, even differences, that collapsed nor is absolutely no possibility of, in that case, Tencent QQ browser will now be placed in Sogou, would not 肉包子打狗 never return it! Defenses have experience, Tencent need to hold back, QQ browser Tencent Sogou contain the biggest bargaining chip, if agreed to let Sogou Tencent, QQ browser that will naturally return Sogou use.
Tencent investment, more intelligent, but the risk is relatively large, failed before holding, and found the relationship between the dog surviving potential risks, Sogou Ali repurchase shares, Tencent then why not. Ali Fusion UC UC compared to Baidu's desire for Ali to be more tactful, which lasted five years, UC finally classified Ali arms. Five years ago, when Ali strategic investment UC, probably did not expect, UC will become the pattern around the mobile Internet presence. The investment five years ago, but also for the mobile "shakugan no shana cosplay " Internet era Ali won plenty of time and space. Last year, UC is not Baidu acquisition, in addition to UC's own reluctance, as UC Ali in which the investor also play influence. Baidu to UC less than $ 2 billion valuation, the valuation of Baidu Ali to cater to win over UC, compared to Baidu attitude that time, Ali gives more attractive to UC, successfully intercepted Baidu, Ali made a lot of mobile strategy time, and today is Ali Group complements the one Reggie. Ali UC is the integration of the upstream industry (UC) + downstream industries (Ali) natural convergence and complementary integration. Ali can use their own traditional hard power of the UC industry to provide more space for development, and UC can rely on their own roots in the upstream industry for many years to grow and Ali complement the mobile Internet market layout. In fact, after UC has always insisted on independent development, independent listed only for the prevailing market conditions, that period of time, the mobile Internet market in the rising stage, UC has unlimited room for expansion, especially in the mobile browser market occupies the initiative , UC confident enough to adhere to the independent development and the impact of IPO. But now times have changed, 91 search dogs have their own master, and UC mobile browser in obtaining a 50% market share, you need a larger development platform. As for the question of whether or not a separate listing, the first is the number of capitalization, Ali gives more than 4 billion US dollars of valuation, UC is not necessary to false modesty. Second, you want to separate listing Yu Yongfu, is more willing to see personally trained 10 years of business, they are controlled by others, not only does not deprive Ali YuYongFu choose to UC's control, but also more Ali resource injection, which YuYongFu is a greater challenge.
Ali thorough integration, allowing both sides to reduce the two sides had the cooperation and communication barriers, improve efficiency, and Ali UC can afford to transport all available resources. Ali is very broad horizontal layout, vertical layout electricity providers, payment, financial, cloud computing and other fields have also been very deep, if these resources are inputs to UC, their imagination will be hugely magnified. In addition, Ali as a brand endorsement, visibility and influence UC platform will be a substantial boost with the gold master Ali, adding more to attract third-party partners. Meanwhile, another common UC and Ali, is the strategic level on the international market have ambitions, and this is different from other Chinese Internet companies they place. In this regard, Ali's support will help to further enlarge UC reputation in the international market. As for Ali is concerned, the integration of UC is also crucial, UC will serve as an important point, Ali wireless strategy play a significant complementary role to further expand its wireless terminal ecological structure. In terms of personnel structure, Ali need to add a mobile Internet experience with rich and has a strong combat effectiveness cosplay costumes for sale of the non-electric business team to further open the non-electric provider market. As the flow inlet upstream, UC will become Ali mobile service provider moat, Ali brought a huge mobile traffic, reinforce Ali dual mobile app + web-based electricity supplier coverage. From various angles business type, product form and degree of complementarity, the strategic investment BAT characteristics of respective advantages, as to who's vision better, you think? Text / Wang Liyang concern micro-channel public number: technology to speak out (tucaokeji)