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"Mr. Xiao, you don't want to?"
"No, it's not... Mr. Chen, you misunderstood."
Xiao Jun shook his head quickly: "I just didn't expect that Mr. Chen would agree so happily."
"Hehe, you are thinking, will I pay back the price?"
Chen Yu saw what Xiao Jun was thinking, and Xiao Jun smiled awkwardly.
"Mr. Xiao, I think AutoNavi is very promising in the future. If it is not for the current market reasons, let alone 4 million valuations, even 40 billion, I am willing to invest."
"40 billion?"
Xiao Jun clicked his tongue secretly.
Even the world's top navigation company is not worth the price.
But Chen Yu is so optimistic about their Gaode, Xiao Jun is not willing: "Mr. Chen, let's talk about the issue of shares."
"Row."
Chen Yu nodded: "This time we invest, I hope that our Universal Technology will hold 30% of the shares."
According to the previous investment ideas of Universal Technology, Universal Technology generally accounted for 51% of the shares.
But when the platform gets bigger and bigger, and the whole ecology becomes more and more perfect, Huanyu Technology no longer has much idea about holding shares.
3% of the shares is neither too much nor too little.
Although it does not reach the controlling stake, it also has a very heavy talking weight.
The most important thing is that 3% of the shares can be attacked or defended.
They can add more if needed.
If it is found to be wrong, the loss of withdrawal will not be too great.
At the same time, Chen Yu also considered that such a 3% shareholding is more willing to accept for the management of many start-up companies.
After all, with such a big thick leg, and they don't want a controlling stake, who wouldn't?
Without much thought, Xiao Jun agreed.
The next day, Huanyu Technology signed a formal investment agreement with AutoNavi.
Huanyu Technology invested 1.2 million yuan, accounting for 30% of the shares.
"Mr. Xiao, happy cooperation."
"Mr. Chen, Mr. Wu, happy cooperation."
The two parties signed the contract and toasted to celebrate.
At this time, Chen Yu said: "Mr. Xiao, since Huanyu Technology has become one of the shareholders of AutoNavi, we would like to ask, where is AutoNavi going to develop in the future?"
"Mr. Chen, I think so."
Although they received investment from Universal Technology, Xiao Jun also knew that they still had to maintain their relationship with the major shareholder, Universal Technology.
Although he is still in charge of AutoNavi at this time, Xiao Jun still said to Chen Yu's inquiry: "In the early stage, we are planning to expand the influence of AutoNavi through Super Pear, and in the middle and late stages, we will increase our focus on car navigation. .”
"Car navigation, is it to cooperate with major car manufacturers?"
"This is the main thing. Of course, we will also cooperate with various auto parts manufacturers."
"This business is too single, and this kind of profit model alone will not last long."
Chen Yu shook his head, not recognizing Xiao Jun's model.
"Mr. Chen, the navigation itself is different from other applications, and the profit is indeed relatively simple."
"I know, but I think AutoNavi should pay more attention to the development of mobile phone navigation, rather than putting the most important business on the car manufacturer."
"Mr. Chen, although mobile phone navigation is okay, the market is not big after all."
"It's not big now, but in the future. If everyone has a smartphone in the future, the market will be big."
"That is to say, but the reason why our AutoNavi has performed well recently is that it is free. Once it is charged, mobile phone users may not use our navigation much. But if it is always free, we will not make money .”
"Mr. Xiao, although AutoNavi is free, it doesn't mean you can't make money for being free."
While talking, Chen Yu also used their games as a reference: "Think about a series of free games in the market. The games look free, but they cost more than paid games."
"Mr. Chen, I know a little about this, but navigation is different from online games after all."
"It's actually the same."
Although navigation is not an online game, although it is not other applications.
But since he wants to connect to the Internet and he wants data, he is actually not much different from most Internet applications.
"Also ask Mr. Chen to advise."
"Whether to give pointers or not to give pointers, everyone discusses with each other. I am actually not familiar with navigation."
"Mr. Chen is being modest. If you are not familiar with navigation, then no one is familiar with navigation."
Speaking of this, Chen Yu said directly: "I have a few suggestions. The first suggestion is that we can charge advertising fees."
"This should work."
Xiao Jun nodded.
If you install more apps, you can naturally charge a certain amount of advertising fees.
But this kind of advertising fee is not much, and simply collecting advertising fees cannot support AutoNavi.
"Of course, advertising costs are only secondary. The second profit point is that we can cooperate with major companies. For example, if a user goes to a certain place through navigation, we can recommend nearby hotels and restaurants to the user. For mobile phone users, we We don’t charge money, but we charge money for corporate users. This is one of them, if we grow bigger and later, we can charge a map booth fee for any store.”
The so-called booth fee is to mark your store location on Gaode navigation.
Otherwise, you will not be able to search for the location of your store through Gaode navigation.
If you cooperate with navigation, then, search for stores, and navigation can automatically take you directly to the location you want to reach.
Of course, the fee is not expensive.
Depending on the size of the store, it usually takes a few hundred yuan to get it done.
Don't underestimate these hundreds of dollars.
There are so many stores in a city, and each store charges a few hundred yuan, and a city can easily charge hundreds of millions.
China is so big, the booth fee alone is a big profit.
"Booth fee, Mr. Chen, you have a great idea, but is the store owner willing to pay the booth fee?"
"So it depends on how far we can do with AutoNavi. If everyone uses AutoNavi at that time, and no one can find the location without AutoNavi, then they will definitely hand it in."
"This model is good."
Such a model not only creates a new profit model, but also looks more promising than cooperation with automakers.Once this model is completed, then their AutoNavi can absolutely monopolize the entire market.
"Of course, there are other things. Cooperating with some other life-like applications can also generate a lot of expenses.",
"The application of living expenses, Mr. Chen, what exactly do you mean?"
"I'm not sure about this...for the time being, we will know when these applications appear."
It's not that Chen Yu is uncertain, but that smartphones have not yet developed to that point.
Naturally, lifestyle applications such as Taxi, Meituan, Ele.me, and shared bicycles have not yet appeared.
Once smart phones have developed to a certain level, these applications will naturally emerge.
After chatting with Chen Yu, Xiao Jun benefited a lot.
He used to stick to the mode of cooperating with car manufacturers for navigation.
Because only in this way can profits be guaranteed.
But when Chen Yu flipped through the pointers, he suddenly discovered that the navigation still has such a way of playing.
This also made Xiao Jun a little excited.
He just wanted to make some money in navigation before, and never thought about how to monopolize the market.
Because he can't monopolize it.
The navigation software used by major automobile manufacturers is not the same. No matter how powerful you are, it is impossible for all automobile manufacturers to adopt your navigation software.
But if they rely on smart phone applications, they can make their AutoNavi navigation the hottest navigation application.
Well, online, offline...their AutoNavi will dominate the entire market.
not only.
Even, if there is navigation, they seem to be able to go a step further and enter other fields.
As for what this field is, Xiao Jun is not clear for the time being.
However, Xiao Jun believes that he will think clearly in the future.
"Mr. Chen, your suggestion is very good. I will study it carefully when I go back."
Xiao Jun said in admiration.
No wonder Huanyu Technology can become such a terrifying volume.
Not to mention other things, just vision and thoughts, that is to be completely detached from others.
Just like navigation.
Rely on his offline car manufacturer cooperation model.
If Huanyu Technology does it by itself, it will turn them into scum in minutes.
This also made Xiao Jun secretly happy.
Fortunately, they chose to cooperate with Huanyu Technology. If they accepted the investment from other venture capital companies, Gaode probably would not have this name in a few years.
"Mr. Xiao, I just said it casually. How to operate it depends on you, Mr. Xiao."
"Mr. Chen, no matter how humble you are, I'm ashamed to talk to you."
With excitement, Xiao Jun left Universal Technology.
……
"Zou Tao, how is our beauty software doing?"
"Mr. Chen, 90% of the work has been completed."
"So fast?"
"What is this? We don't care about large-scale online games, let alone small apps."
"Oh, really?"
"Mr. Chen, why don't you show it to me?"
After signing the contract with Gaode, Chen Yu went to the game department of Universal Technology again.
The reason why they come so diligently is entirely due to the impact of the appearance of the Gaode navigation application app.
Chen Yu did not expect that an Gaode navigation app would suddenly stimulate users' consumption potential for super pears.
Although the super pears were also very popular before, but the price of 5999 is there.
But after Gaode navigated out, he actually made some people who hadn't considered Super Pear before have the desire to buy it.
have to say.
The improvement of application ecology plays a decisive role in smartphones.
Gaode navigation is like this, just imagine, a beauty camera that is used more frequently?
With the birth of such a killer app, what kind of madness will it bring?
"Mr. Chen, let me take a picture for you."
While the beauty camera app isn't quite there yet, some basic features are already available.
Zou Tao excitedly picked up the super pear, ready to take a photo of Chen Yu.
Moreover, while filming, Zou Tao also muttered words.
"Turn on the filter."
20demayo