Chapter 424: I lost my mind
The acquisition was successfully negotiated.
Pan Xiaowen, the founder and boss, nodded and agreed. He went back to discuss with the other investors. He had almost no hesitation and the others agreed.
With Mingyue’s current situation, they could see that the prospects were really worrying. They had already made preparations for this investment to be wasted, but now someone is willing to take over, so they naturally agree with it.
Several shareholders reached an agreement and the acquisition was completely finalized.
Pan Xiaowen immediately told Wang Liu that after negotiation, Tiansheng finally acquired Xia Mingyue for 120 million yuan.
"Mr. Wang, it's a pleasant cooperation!"
After signing the contract, Pan Xiaowen stood up and shook hands at Wang Liu.
"Happy cooperation, you will have to worry too much about the company in the future." Wang Liuhui smiled.
"Don't worry, I will work hard." Pan Xiaowen immediately promised.
Wang Liu smiled, turned around and looked at Fan Chaofei standing next to him and said, "Old Fan, I'll be a family in the future. Your position may be changed, don't mind."
Originally, Pan Xiaowen was the founder of Mingyue, and he had always served as the chairman. Now Wang Liu has taken over the company. Although he will not interfere in the operation, he still has to serve as chairman.
Pan Xiaowen had to take a step back and become the general manager, while Fan Chaofei could only take a step back and serve as the vice president.
Fan Chaofei also understood, smiled casually, and said, "I understand, don't worry, I won't mind."
Wang Liu nodded and looked at Li Xiangtao and said, "You and Xiaowen, Lao Fan are in good coordination, and we must integrate quickly and strive to incorporate Mingyue into Tiansheng's territory as soon as possible, and then help Mingyue attract traffic through QQ and search."
"I understand." Li Xiangtao responded.
...
Yahoo.
Zhou Hongyi looked at the report in front of him and his eyebrows were unconsciously twisted: "Yahootong's user growth yesterday was less than 100,000?"
Qi Xiangdong nodded bitterly: "Maybe the traffic brought by the midstream is limited. After quickly absorbing it in the first few days, the growth of users began to gradually decline. In the past few days, they have been hovering around more than 100,000 or 200,000, and by yesterday, there was no more than 100,000."
Zhou Hongyi frowned. He naturally knew that the traffic of the midstream was limited and that he knew that after digesting it, user growth would slow down. But just a few days ago, the daily increase from more than one million to less than 100,000. The cliff-like decline is nothing more than that.
"Didn't you use portal websites, search, email services to attract traffic on Yahootong's advertising?"
"I beat it, but the effect is not great." Qi Xiangdong said with a wry smile.
Why?
With their market share in the fields of portal websites, search and email, they cover at least hundreds of millions of users. Why is this effective when using such a large amount of traffic to help Yahootong attract traffic?
Zhou Hongyi was puzzled and asked in a deep voice: "How many users do Yahootong have now?"
"It's close to eight million."
Eight million, less than...
I'm afraid this is less than a fraction of QQ?
Now the daily increase is less than 100,000. At this rate, he may not have thought of surpassing QQ in ten years.
Zhou Hongyi looked depressed, and suddenly felt a little moved. He looked at Qi Xiangdong and asked, "What's going on over QQ recently? How is that QQ space recently?"
"There are no big moves, but there are quite a lot of small moves. Since the last QQ Space was launched, in less than half a month, QQ Space has been updated twice in a row, adding two new functions: background music and photo albums.
"Mr. Guan, Mr. Guan?"
Zhou Hongyi shouted hurriedly, but unfortunately Guan Chongyuan had already hung up the phone. Listening to the busy sound coming from his phone, he was so angry that he gritted his teeth and cursed in his heart.
Chapter completed!