Magic Workshop executives say they have bought pea pods, the amount is not disclosed

Absrtact: February 5 News, Lenovo Group MBG e2e Eco-chain Vice President, Magic Workshop executives Changcheng in his personal micro-blog @ Le store shopkeeper revealed that has acquired pea pods. However, no specific amount was disclosed. In this respect, peas and pods PR related people to the communications students

February 5 News, Lenovo Group MBG e2e Eco-chain Vice President, Magic Workshop executives Changcheng in his personal micro-blog @ Le store shopkeeper revealed that has acquired pea pods. However, no specific amount was disclosed. In this respect, peas and beans, the Department of Public Relations related to the "communication life," said the news is not true, the suspicion of Lenovo Magic Factory executives Entertainment. Lenovo's magical factory also said it did not know.

It is understood that the Magic Factory is Lenovo's subsidiary, operating range focused on the mobile internet and IoT two areas, the company will officially operate on April 1, 2015. By Lenovo Group Senior Vice President Chen Xudong president. Lenovo Group chairman and CEO Yang said that the Chen Xudong led the Magic factory has given a lot of resources to support, such as MBG research and development, UI, le store, such as resource rationing.

In the Media Communications Conference a few days ago, Chen Xudong said that the Magic factory brand won the attention of overseas and especially the U.S. industry, mainly because the name is a bit "color", however, 2015 in the application of the store will have "big moves." During the transfer of Baidu plan 100 million U.S. dollars investment magic factory accounted for 10%, and Chen Xudong revealed that will introduce strategic investment, is currently with a domestic internet giant communication. Interestingly, Baidu's mobile phone assistant remains shielded from the Pea Pod App Store today.

Pea Pod was founded in December 2009, the main use of Android mobile phone distribution, and then extend the application download to video, music, wallpaper and e-books. As of August 2014, the installation capacity of more than 410 million, the daily new installation more than 800,000.

After Baidu bought 91, the mobile distribution market changed dramatically. Related reports show that today, Baidu Department, Tencent department and the 360 series of three major application distribution platform for a total of 86% market share. With the strong influx of giant, domestic mobile phone manufacturers have to test their own application stores, independent small and medium-sized applications store 2015 years will become increasingly difficult, mobile phone application market or will usher in a new round of shuffle. And pea pods have faded out of the top three, transforming mobile content search.

The capital operation of pea pods has not ceased: in January 2010, the investment of the angel of the Innovation Workshop was received by the DCM, the Innovation factory and the investment in a round of financing, with a total financing of $80 million, and a total of $120 million in 2014, with the investment agency providing soft silver, DCM and innovation workshops

In June 2014, it was reported that Ali would buy pea pods for 1.5 billion dollars, but the news was not officially echoed by both sides. A few days ago, after the transfer was acquired by Tencent, Peas-Pod co-founder, CEO Wang Junyu in an interview with the newsletter, said, did not hear the acquisition of things.

In an interview with the newsletter, Wang Junyu said the Pea pod was looking for a transformation and was trying to open the portal from mobile content search, and in 2015, sticking to the mobile search; Android Market CEO Han Yuan said, "Android only focus on mobile game distribution."

Pea pod insiders reported that the Pea pod in the absence of the bat "godfather" in the case, has been held for so many years, in the short term can not be bought by WHO.