The latest newspaper from the fiscal sector in Hong Kong: Hong Zhou a few days ago, that is, late October to visit in person to the Hong Kong investment banking sector, market expectations of 360 as soon as possible, but many investment banks are refusing to encounter with the week. Anonymous executives said the investment bank in Hong Kong: 360 short-listed may be small. This manner that 360 is promising their advisers in this difficult embarrassment, whether from exhaustion. Why not optimistic about the investment bank
360?
First, the 360 security guards get comprised in too many lawsuits. Since the production of 05 start, respectively, Rising, Alibaba,
starwind, anti-malware software alliance, Jinshan, Baidu, Tencent and other companies sued 360. This listing will bring too many problems, particularly with the overseas listed company specialized lawsuit have money by vocational lawful bodies, in their eyes, once the 360 listed, will be a huge portly stop. Processing time necessitated for these lawsuits and complex process, the investment bank that too menacing.
variant key point: the United States and Hong Kong investment bank sector and Tencent, Baidu, Alibaba China, the three largest listed companies have business dealings, even heavily fraught with. With the 360 which had three lawsuits. Therefore, the investment banking sector is certainly not favor the 360 that
Second, Hong Zhou himself overseas investors have been A typical accident is a dislike with Yahoo. Hong Zhou 03 by the end of 3721 established the hand, that is, the father of China's rogue software, sold to Yahoo, and served as common director of Yahoo China. Hong Zhou was suspected of theft but later Yahoo quest technology, and Yahoo founder Jerry Yang Emirates enemies,
Supra Suprano High Shoes, be discharged out. Hong Zhou was founded in 360, then proceed to onset Yahoo China, which chance enemies with Alibaba. At the time, Alibaba China published a file shrieked the web manufacture is not with the
key point is: that Hong Zhou financing for business again, Jerry Yang individually inform the United States, venture capitalists do not deem this came from China's At that time the Chinese media sector has been widely reported. Allegedly, at 360, so the amount of the appraisal and financing has shrunk dramatically.
third, 360 of proceeds, yet not affair model, which namely the lack of public absence
360 revenue of about 3 billion yuan this annual, but extra than 95% from 360 browsers,
Womens Supra TK Society 2011, specifically: the flow through the browser for distribution apt third-party sites, such as online games and shopping sites, in order to acquire split. This is listed in terms of a three defects:
1. No distinctive revenue model. Split the access the Internet is extensive, such as the income is 360 times the Thunder and Storm, have been unable to mart.
2. do not own the capability of blood, but relying solely on third celebration sites split. 360 before 20% of the revenue from Baidu, but afterward Baidu with 360 Cheng Chou,
Supra Cuban Shoes, this portion of the revenue ambition rapidly zero. Currently, 360 more than 40% of revenues from the shopping Taobao split, but with the 360 before Ali Group had a This is a time bomb. Hong Zhou Ma let work before the words: do not get mad years later. This statement must have too heard Ma. Not fail to report, period has at present.
3. income is too dependent on the browser, not the 360 chief security software. Once the browser scamper along his opponent, this income now counteracted.
360 at this point why the market?
premier, 360 to their own needs. 360 mysterious tiger
from inception to the present has been 5 years, near to 3-5 years of venture capital arc psychological withdrawal period. 360 finance 30 million greenbacks before, is preparing for listing. These 5 years, Baidu, Alibaba, surf and other companies have been listed, they continue to bait them away with charming alternatives in the industry elite employees. To this end, 360 had been promised benefits for greater strength, that is, with a larger amount of adoptions and dividends for the conditions to fascinate the elite to combine. Allegedly, the general staff of the shares held in about 12%.
market longer postpone, these workers disappointment, accent, and instability will inevitably addition.
most important thing is, when the growing awareness of Baidu and Tencent to 360, while they must we onslaught has begun to build up the barricade of 360. Before the court Baidu to 360, and tried to buy Kingsoft and Rising direct confrontation with the 360, now Baidu has began research and development customer, and 360 security guards to get the consumer directly counter situations. Tencent is no exception, in a few months ago fired QQ microprocessor housekeeper, a large area over 360 sites.
even strongman Hong Zhou, and tin no fight with either Baidu and Tencent and get out. Therefore, we have to for presently as possible.
Second, the attack Tencent needs.
360 attack Tencent and requires a lot of public relations fees,
Supra Indy Shoes, get the media to employ network thugs. Reported previously, 360 public relations and promotion of the daily fare in the 30 million or more, and once campaign, public relations fees will be doubled, which is fewer than 1 million annual profit of 360 is a big cost pressure. Once the prim interchange of bombard with Tencent
, but also a large digit of servers, bandwidth, and a series of technology spending,
Supra Trinity Shoes, the cost, does not cap, Tencent depends fully on how much
is not the most major point 2 above, but: Tencent Once behind, probably by the hands of teams such as QQ, and Qzone clusters and a massive flow of products, opposition 360 and the flow of their browser. First, instantly to the user to choose uninstall 360; Second, direct thump to the browser 360. This would directly depress or even obliterate out the flow of the browser 360, along with the collapse of their income at any time.
360 per month once the 25 million yuan of income dried up, it can only rely on external blood transfusion. But, who wants to give a blood transfusion at war with many Internet companies, and is facing life and decease of a war, discredited company? More importantly, the market has basically blocked the road,
Supra Skytop 2 Shoes, no 1 knows, no cash to loan to 360 of the absolute. Chinese saying is: not a panacea for penury.
here is complicated to annotate the market below the 360 a current variable: the conception of market and income not merely need more growth curve. Thunder previously listed in the 2008 arrange was abruptly halted because of its stagnant growth, investment banking sector do not look the future. The counter will begin Tencent will surely disable the 360's income; want listed at this time,
Supra Footwear New Arrivals, blood transfusion, impossible.
looks smoky arena, unpredictable location, and if you put aside the details, from the bigger picture, the outcome might have been condemned. Justice has Well.