It is actually very difficult to change users’ user habits. There are only two possibilities to do this: either the software has a fatal problem, or the new competitors have very powerful advantages.

Kuaibo obviously belongs to the former. When the company has problems, although the operation team is still maintaining Kuaibo's daily life, various updates have basically disappeared. Most importantly, Kuaibo has lost all kinds of high-quality resources.

But even so, it took four years for Kuaibo to go from peak to almost extinction. Even though Kuaibo was not very useful during this period, a large number of people have become accustomed to watching videos on Kuaibo, and Kuaibo is still the default player on their computers.

"Okay, I'll send someone to Shenhai City immediately to see if I can acquire Kuaibo." Lin Youde didn't say more, because the value of a software like Kuaibo itself cannot be too high, especially in the current situation. If the acquisition is successful, it will be better, and the loss will not be great if it fails.

...

Deep Sea City, the third floor of Zhongke R&D Park.

This place was once very lively and was the headquarters of the most famous video player Kuaibo Company in China. However, due to a series of changes that began in April this year, the entire company began to become in a mess.

First, the company was fined RMB 260 million, and then all the company's senior management disappeared and were wanted at the same time.

Although the former fine is quite high, Kuaibo Company can still take it out. However, the disappearance of top executives has caused the entire company to be in chaos, business termination, advertising is interrupted, and a large number of assets have been blocked, which quickly led to problems in the company's capital chain.

In August, all the senior executives of Kuaibo appeared, but were also trapped in legal lawsuits, which further aggravated the panic within the company. At the same time, dozens of video websites and hundreds of video copyright holders sued Kuaibo one after another, leaving Chen Jianzhong, the current temporary person in charge of Kuaibo, busy dealing with it and running around.

In recent times, he has been working to thaw some of the assets of Kuaibo Company to restore the company's operations to normal. If it continues, I am afraid that the salary of the company's employees will not be paid. If this happens, the entire company will immediately fall and will no longer be able to make the situation come true.

"Mr. Chen, lawyer Li's news came from that our appeal failed." Kuaibo's legal representative Yu Lu walked in from outside and said.

Chen Jianzhong did not react much and said, "As expected, I was just showing it to investors, but now it doesn't matter what it is."

After Kuaibo was fined 260 million yuan, Wang Xin and others ran away. Chen Jianzhong took on the burden and the first thing he did was to approve the fine. The Reserve Copyright Office refused, so Kuaibo sued the copyright office in court.

The Kuaibo team at that time actually knew that this lawsuit was unlikely to win, but they still did this because there was nothing else that could be done. Even if the probability was low, there would be no loss in the lawsuit. Once it was successful, Kuaibo might be able to resurrect from the dead.

The second reason is that after the KuaiBan incident, a large number of investment teams asked to withdraw their investment, which put KuaiBan Company in great economic pressure. Prosecution is also a way to transfer internal conflicts to the outside world. At least in the short term, investors will be willing to wait, although they also know that the probability is actually very low.

Yu Lu asked: "What should we do next? Should we continue to go to Yanjing to appeal?"

"No need, it's meaningless." Chen Jianzhong said: "Have Manager Xu from Toutiao got off the plane?"

"Manager Xu's plane is late, and it should be one hour left to arrive at the airport. I have arranged to pick it up. I guess we can arrive at our company in 2 hours." Yu Lu said.

Chen Jianzhong said: "It's almost noon, just arrange to go to the hotel."

Yu Lu said, "That's fine, we have already decided."

At 12 noon, Chen Jianzhong attracted Xu Weihua, deputy business manager of Toutiao Investment Department, and said with a smile: "Mr. Xu, welcome."

"Hello, Mr. Chen." Xu Weihua also shook hands and replied. Then the two introduced the people around each other. Those who came here today were senior executives of Kuaibo and elite figures from Toutiao investment department.

"Everyone, sit down." Chen Jianzhong smiled politely. Although the previous contact did not state it clearly, the meaning of Toutiao was already very obvious when looking for Kuaibo at this time. The person who arranged this time was specifically responsible for Toutiao's investment business, which further proved this point.

However, at the banquet, there is no discussion of business or some boring things, so both sides casually talk about daily life, laughing and laughing.

After the banquet, everyone came to Kuaibo Headquarters. After an hour of rest, the two sides began formal business talks.

Xu Weihua looked at Chen Jianzhong, Yu Lu and others and said formally: "Mr. Chen, this time I came to Shenhai, I actually want to negotiate with you. Our Toutiao is interested in acquiring Kuaibo Company."

"Acquisition?" Although he had guessed it before, Chen Jianzhong was still a little disappointed. What he originally hoped most was that Toutiao just wanted to invest.

After investing in the shares, Kuaibo has Toutiao's resources. After paying administrative fines and criminal liability, Kuaibo can continue to survive, and even borrow Toutiao's traffic to make a comeback. If this can be done, even if Kuaibo becomes a link in Toutiao's ecological chain, they will be able to accept it.

But obviously, Toutiao wants to acquire Kuaibo.

Yu Lu said: "Mr. Xu, we are just Kuaibo's management, and the equity is still in the hands of Mr. Wang and some venture capitalists."

Xu Weihua said: "We know this point. I will solve it in terms of venture capital, but the acquisition of Kuaibo is also to enable Kuaibo to be used normally again. I also hope to obtain support from management.

You should also know the investment logic of Toutiao. Any company we acquired can basically ensure independent operation. You can continue to be the senior executive of Kuaibo, and your salary will also move closer to Toutiao headquarters."

"However, Kuaibo is still facing a lot of debts and legal lawsuits. Is Toutiao ready to take over all of them?" Chen Jianzhong asked again.

Xu Weihua said: "Of course we will admit normal liabilities, but these liabilities will also affect the final price of our acquisition.

As for legal litigation, most of them should be related to funds. Several other companies sued piracy. After Toutiao took over, Toutiao's legal team will come forward to negotiate. You are all acquired. No matter how hard they make a lot of money, they will end up with a lot of compensation."

Problems that can be solved with money are not big problems.

Kuaibo was sued by more than 40 video websites at the same time. Most of these video websites were to obtain compensation, while several other large-scale video websites were not for money, but for Kuaibo's bankruptcy and to warn other pirated versions.

These companies are naturally iQiyi, Tengxun Video and Youku. However, these three companies and the funders behind them are basically Toutiao competitors, and they don’t have to care if they offend it. After acquiring Kuaibo, Toutiao does not have to bear criminal responsibility. In this way, in the end, it will only become a bunch of compensation.

Chen Jianzhong thought for a while and said, "I need to report this matter to Mr. Wang."

"This is natural." Xu Weihua said: "If Mr. Wang does not agree, please tell him and I will visit him in person."
Chapter completed!