2014 Internet Big Guy Investment Inventory

December 29 News (reporters to the end of 2014, Donews to the 2014 domestic Internet industry mergers and acquisitions case was simply combed. Through the annual investment cases can be seen, whether from the number of mergers and acquisitions, or the amount of mergers and acquisitions in China's Internet industry investment in 2014 into the blowout situation.
From a series of cases, the bat giant, Alibaba, Tencent in this year's investment and merger is very active, and Baidu is relatively quiet. And in Ali, Tencent-led investment mergers and acquisitions, to lei the helm of the millet into the field of investment in the New Black horse, tightly around the millet industry chain for a series of layouts, trying to create a complete smart home closed loop.

Tencent Department: Key layout O2O

Tencent shares in the public comments

February 19, Tencent and the public comment on the announcement of strategic cooperation, Tencent will invest in public comments, shares 20%, the public comments will remain independent operation. At the same time, the public comment on the portal has appeared on the Tencent Micro-trust platform.

Through this strategic cooperation, the public reviews the merchant information, consumer reviews, group buying, restaurant online booking and other local life services, will be with QQ, micro-letter Tencent products cooperation, users can access to high-quality local life content, but also for businesses to provide mobile internet O2O solutions, enhance the stickiness and value of both platforms.

Selected reasons: In the Harvest Ali, Baidu and other giants thrown out of the olive branch, the public comment on the final selection of Tencent, which means that the bat in the O2O market competition will be more intense. The combination of the two has not only given the micro-letter payment an excellent application scenario, but also enabled the public to obtain the micro-trust platform and payment support. But it is unclear whether the two sides can actually achieve one plus one greater than the second.

Second, Tencent shares in Beijing east

March 10, Tencent Holdings issued a notice, Tencent and Beijing east to establish a strategic partnership, Jingdong will acquire Tencent platform QQ Network shopping and Consumer-to-consumer platform Pat Net 100% rights, logistics personnel and assets, and Tencent will be a 214 million dollar stake in Beijing east, accounting for Beijing East before the IPO in the external circulation of common stock 15%, And can be in the latter when the listing of 5% additional subscription, Tencent President Lau will enter the Beijing East Board.

The two sides will also sign a strategic cooperation agreement, among them, Tencent will provide micro-letter and mobile phone QQ client portal position and other major platform support, in order to help the Beijing-East in the field of physical electrical business development; In addition, the two sides will also cooperate in online payment services to enhance the customer's internet shopping experience.

Tencent has again spent 1.325 billion dollars to buy shares after listing in Beijing east. Tencent calculates that it pays about 16.959 billion yuan, holding an equity stake of 17.43%.

The reason for the election: in order to round their own electric business dream, Tencent in the past years without any achievements in the case, decided to spend money to buy the next Jingdong. And Tencent's union, not only to help Jingdong in the IPO on the eve of the full chip, but also to the Beijing-east significantly closer and the sky cat distance. However, the combination of Tencent and Jingdong, if only simply to complete the transfusion, simply combined, simply to bring the flow to Beijing East, continue to repeat the past Tencent diversion to the platform of the invalid results, may still be unable to tell a new story.

Third, Tencent shares 58 of the same city

June 28, 58 together with the city of Tencent Holding company issued a notice, Tencent will invest 736 million U.S. dollars 58 in the same city. After the transaction is completed, Tencent will have 58 shares of the city and 15.2% of the voting rights after the full dilution, becoming 58 of the city's largest institutional shareholder. Under the investment agreement, Tencent will subscribe to 58 shares of the city's 36.805 million shares of category A and Class B common stock at a price of USD 20/share.

Since then, Tencent has increased its holdings of 58 cities two times. September 22, 2014 to 25th, Tencent through THL E 2¥q a total of 58 of the same city 5,477,992 common shares, the total volume of transactions of about 100 million U.S. dollars, which allows Tencent to 58 of the city's total investment increased to 836 million U.S. dollars; October 3, Tencent wholly-owned subsidiary THL E 2¥q spent about 23 million dollars, purchased 58 shares of 616,621 ads in the same city (US depository receipts), and the shareholding rose to 25.3%.

Reasons for inclusion: For Tencent, which has upgraded local life services to an important strategic position, how to achieve localization O2O has always been a problem for Tencent. 58 with the city as the domestic leading local information service platform, natural with O2O gene, can help Tencent to achieve a large number of users of local information services. In addition, with the shares of the public comments, the same as the Beijing-east, shares 58 of the same city, can let Tencent have more professional service providers to achieve its mobile traffic transformation, so that the flow of more value. However, although Tencent sits on huge mobile traffic, the conversion rate is still questionable.

Alibaba Department: playing cross boundary

Ali Investment in Yintai business

March 30, Alibaba Group and Yintai Business group jointly announced that Ali Group will be 5.37 billion Hong Kong dollars to the Yintai business strategic investment. The two sides will open the line of the next commercial infrastructure system, and will form a joint venture. In this cooperation, Ali Group will invest in commercial new shares and convertible bonds, with a total investment of HK $5.37 billion.

After the completion of the transaction, Ali Group will hold 9.9% of the shares of Yintai business and a total of about 3.71 billion Hong Kong dollar convertible bonds. The two sides agreed that in the next three years, under the relevant laws and regulations, under the premise that Ali group can convert convertible bonds into the common shares of Yintai commercial, so that Ali Group ultimately in the commercial holdings of Yintai not less than 25%.

The reason: Alibaba strategic investment Yintai business, Ali is the overall acceleration of the O2O field layout, the promotion line of the important signal under the link line. For the lack of online access to Alibaba, the investment offline entity brand, more for the line to find the entrance, offline search for exports. In addition, Jingdong and more than 10,000 convenience stores to reach strategic cooperation in the transaction, settlement, logistics and after-sale aspects of the construction of O2O industry, but also to Ma Yun brought a small pressure.

Second, Ali shares the cool potatoes

April 28, Youku and Ali Group announced the establishment of strategic investment and partnership, Alibaba and Yunfeng fund for 1.22 billion U.S. dollars to buy the cool potato A-share common stock 721,120,860 shares (every 18 cool potato A shares equivalent to a share of ads), Alibaba shareholding ratio of 16.5%, The Yunfeng Fund shareholding ratio is 2%. Ali Group appoints its CEO Lu to join the Youku Potato Board.

Jack Ma, chairman of Alibaba Group, said it was an important strategic move that would further expand the Alibaba ecosystem and bring new products and services to Alibaba's customers.

Reasons to be chosen: Alibaba has adopted a strategic investment in this customary way of horse racing and enriches its listing story. In addition, Ali has been interested in entering the video industry, this time via Youku potatoes, in addition to Ali's planned IPO, Ali also has the ambition to enlarge the cultural industry. However, can you hold the dream of Ali culture Empire, the video industry pattern will be due to Ali's killing into the evolution of time to test.

Three, Ali shares in Evergrande Football

June 5, Alibaba Group announced a strategic cooperation agreement with Evergrande, which will cooperate with the football club at Evergrande. Alibaba will pay 1.2 billion yuan to Evergrande to buy a 50% stake in Evergrande Football Club. Jack Ma, chairman of the Board of Alibaba Group, said he hoped to work together with Evergrande to promote the development of Chinese football.

This foray into football, is Ali in the future for the cultural entertainment and health industry layout. January 2014, Alibaba Group announced the acquisition of Citic 21st century, for the medical industry layout. Since March 2014, Alibaba Group has acquired and invested in the culture of China, Youku Potato Group, etc., but also with the Chinese media to reach strategic cooperation. Mr Ma controlled the Yunxi investment to 6.536 billion yuan of the price of the number of shares in China media.

The reason: Beijing East Liu on the market tied girlfriend Tea sister, Alibaba listed on the Evergrande. When the stake in Guangzhou Evergrande, Ali Group is listed in the United States, a stake in Alibaba to the U.S. listing to boost morale. From the business level, the future of community electricity will be one of the most important areas of business, one of China's most successful real estate developers, one is China's largest electric company, both together or in the community to make a contribution to the electricity business.

Ali mergers and Acquisitions UC

June 11, Alibaba Group and the joint announcement of UC gifted, UC gifted as a wholly-owned enterprise into the Alibaba Group, and the formation of Ali UC Mobile group. UC excellent as chairman and CEO Yu will be the UC mobile business group president, and into the Ali Group Strategic Decision-making Committee.

For the acquisition, Yu said the entire deal on the value of UC is far more than the previous "China's largest internet mergers and acquisitions," Baidu to 91 of the acquisition, and after the completion of the transaction, the U.S. IPO Ali Group for its listing concept to complement the mobile link the most important.

This is the 2009, 2013 Ali Group three times to UC excellent as investment, the two sides realize the comprehensive integration. As early as in 2009, UC gifted as a group of Alibaba, Morningside Investment, joint venture source a total of three institutions strategic investment; in March 2013, Ali spent 506 million U.S. dollars to increase the UC excellent view, the relationship between the two further; in December 2013, Ali further increased the amount of UC, paying cash 180 million dollars.

The reason: the acquisition on the one hand will give Ali to provide a stable, continuous large entrance, make up for the mobile end of large flow entrance short board, significantly easing Ali's "mobile End entrance anxiety disorder"; On the other hand, Ali can use Yu and UC for its mobile business integration. And for UC, can also be achieved by Ali curve listing.

Millet Series: Complementary content and capacity short board

First, millet investment and cool potatoes

November 12, Youku Potato Group announced in Shanghai with the millet company to achieve capital and business strategic cooperation, the two sides will be in the Internet video field to carry out in-depth cooperation in content and technology, joint research and development of video mobile end playback technology, millet Company will invest in Youku potatoes and in the homemade content and joint production, Close cooperation in production and distribution.

Millet will buy the Youku potato stock from the open market, and will jointly fund the development of Internet application technology, in the homemade content of youku potatoes, joint production, distribution and film and television programs produced on the cooperation.

Lei, the founder, chairman and CEO of Millet, said at the time that the partnership with Youku was the first major project to be launched after Chen, vice president of content investment and content operations. Lei previously announced that Millet will invest more in the content, the first phase of investment 1 billion U.S. dollars.

Reasons to be selected: investment in cool potatoes, millet is the first in the video field to expand the action. If the partnership with Youku is successful, millet technology will work with more content providers, either video content or other forms of content. For Youku potatoes, trapped in the radio and television policy restrictions, cool content in the future or can be in the Millet TV, TV box play, you can also with the millet router for in-depth integration.

Second, millet investment Archie Art

November 19, Millet and shun for the capital joint announced, Millet and the capital to 1.8 billion yuan (300 million U.S. dollars) shares Archie Art, Baidu also added to Archie Art investment. After the completion of this round of investment, Archie will work with strategic shareholders Baidu and millet in the content, technological product innovation, especially in the field of mobile Internet to expand the depth of cooperation. This investment is millet since its inception the largest single investment.

Baidu Chairman and chief executive officer Robin Li said: "Baidu to build the Internet industry is always open to the benign ecology, will continue to support the development of Archie Arts, and welcomed the addition of millet." "

And as an investor, will be the company since the establishment of the largest single investment to Archie Millet company founder, Chairman and CEO Lei, Millet attaches great importance to video in the future of the important status of Internet life, investment Archie Art is also optimistic about the Archie team and development prospects.

The reason: For the love of the company has been actively looking for terminal partners, millet 85 million of MIUI users and the world's third largest mobile phone manufacturers of influence, for Archie Art is a suitable but the cooperation object. Millet can help Archie to further expand the market share and advantage in the mobile video field, and will add important weights for the future IPO of Archie art. In addition, millet and Youku Potato, Archie Art Alliance, but also in the two behind the giant Alibaba and Baidu to establish an ally relationship.

Three, Millet shares the United States

December 14, Millet company and the United States group issued announcements, announced that millet science and technology will be with the United States to reach strategic cooperation, millet technology to invest 1.266 billion yuan in the United States Group, the U.S. group will be 23.01 yuan per share price to millet technology directed additional 55 million shares, raise capital not more than 1.266 billion yuan. After the deal is completed, Millet technology will hold the U.S. group shares of 1.29%, and can nominate a core executive for the United States Group director.

The announcement shows that both sides will be in the smart home and its eco-chain, mobile internet business areas to carry out a variety of depth of strategic cooperation, and docking both in the smart home, electricity and strategic investment and other fields of cooperation team.

The reason: from the recent investment trends in Millet, the company is trying to perfect the ecological chain of intelligent home, however, the power of millet is also difficult to directly enter the home appliance industry, and the United States can help its rapid replenishment capacity short board. Industry insiders think, millet and the United States of the trade will have a huge impact on the pattern of home appliances industry, but also to the traditional home appliances industry to smart home has a role in promoting. Finish)