What is the abacus of Kwai A?
From：
Tech Company Date：06-05 Belong to：Company News
On the forenoon× of June 5th, news of the short ''video and live platfoδ€rm purchase of Acfun (A station) sp≤β¥≥read across the Kwai Tunλ♥g network.
According to the news, the trans÷♣ε§action price of the Kwai A acquisiti✔™&on will be less than 750 γφ★•million yuan, and more details are notδ"♥↑ disclosed. However,✘★↕δ in the last round of ♠™£financing, the pre investment val§♠uation of station a was 7✔ γ50 million yuan.
Kwai takeover A station
Response from station a
Later, Liu Yanyan, CEO of stat" ♦ion a, told Tencent that↑®± the news was true and he ™πγ would continue to stay in station™∞ a and the company wε★ould maintain independent operat≠≥©₽ion.
Kwai Fu response
The Kwai TSE also respond•®©¶ed to the Tencent's "first linγ"←βe", saying thatα§γ Kwai TSE confirmed th↔×>at it had completed the overall acquisiΩ§∏tion of Acfun.
In the future, station a will main≥αtain independent brand∏$, independent operation, original team↑∑™ and independent development. The Kw≥>✘ ai will also give A staλ♣☆tion strong support in capital, ♥π resources and technology.
Response from shareholders of s•↑≤★tation a
Kwai Kwai signed a transfer agreement₩ "≠ with Chinese express at Acfun noon in ♥ June 5th, which is intended to sell ₹♠₹ all A station rights to iε≈÷ts fast sellers at a price§±↕ of 140 million yuan.
According to the news, ch•×inaonline held a board meeting o<£δn November 21, 2016, an÷&©×d signed an agreemen♥×α t to invest 250 million yuan in cash ¥♠™©to subscribe for 13.51% of ""↑the equity of station a.
However, because station a did not mee¶"t the preconditions in the rel¥ evant capital increa ∑se agreement, the sub₽&$¥sequent Chinese online ♦λ₩only paid 138.5 million yuan of inve≈£↑stment advance to station a, and did ®®↔'not make industrial and commercial c♣÷hanges.
Why did the Kwai take•α∑over buy A station?
About Kwai's takeover of A stati↔₹ on, 36 krypton has made a simple a↓π§Ωnalysis from three dimensions: user p<αortrait, market overall environment and¶≈™ commercialization.
1, A station can fill Kwai&#∏β£✘39;s shortage in user circl≈←↕αes.
The user portrait is quick enough↕ to sink and average users, while ×✔☆ A stations are mainly young people, anδ±'d the culture of the c< ×ommunity is heavy. The acqui©↔σσsition of A stations can make ≥••good use of the fast u∏¥ser's lack of user circle★&∞s, and logic is similar to the acq←×uisition of Kwai Kwai stre←∏≠et.
According to the data of←∏φ Aurora data, gender aα∏₩πnd A distribution are al'≠σl higher in Kwai Tai than in woα≥men, and the ratio of male to female ≠£ ₹is similar.
From the result of user city level dist♣↕★₹ribution, a larger pro↕δportion of users of station a ar $♥e distributed in first tier'&£φ cities, accounting for 20.04%. New fir>λst tier and second tier cities als£×™o account for a higher pε≥γroportion of users of station a.
Users of fast track are also$ sinking more, and the number of users™π in city with three Kwai and below is €♦★more than 60%.
2, Kwai Fu needs to take a road o &f investment and merger.
Kwai Kwai's anal☆★•ysis of the overall market environmentβ∑∞<, as a direct competitor of the∏'☆β fast, 150 million days of live tre₽≥φ mbling has gone beyond₩≠× the 100 million tiktok.
With Kwai's headlines rel₩δ•βying on the strong produc §t R & D and operati∑ ✔on capabilities shown in the short₩σ↕ video matrix, a quick way to invest i±∏πn mergers and acquisitiλ÷λons is not a short cut to thΩ©e headlines.
3, commercialization is always o≠Ωσ₩ne of the most important indic≠ ♠ators of Kwai Fu.
As a short video comαγpany that has been se•≤₹eking overseas listing, commercializati₹∞on is always one of the most concerneγ¥✔✔d indicators of Kwai Chung.
Through the listing of B stat★•ion, the whole market has seen ±☆♠the high proportion of its ★₹≤δgame income and its ↔↕∏diversified business val↕®ue.
Why did station a accept the acqu→£ isition?
Although the starting pointπ∑ of station a is very high, it✘©÷ is the oldest barra≈↓≠ ge video website, but due to frequent c≤ hanges in senior man₹← "agement, poor management →↓and other reasons, the developmen♦↓t has been cold and qu≤♠iet.
At the beginning of this year, statiπ≈on a experienced the storm of shutt✔←↑ing down the station and beinλ♣©g unable to visit, and ☆♦its fate was shaken several≈→ times. It was reported tπασhat Alibaba resumed its normal opera÷↕>tion only after it got the support o¶ ₹←f Ali system. However, it was later rep÷→≥orted that Alibaba gaveα π≠ up its holding plan fo™£r station a.
Sources also said that the init≥"♣ial rumour of Kwai Kwai and A station δ©cooperation came froδ™₽&m the fund that was acquired at the be₩₽ ginning of this year'®∑ when A station was re&¥£ launched. It is reported tha↕Ω™t the source of the funds is fast.
In fact, according to the first li↑"ne, Kwai has always been o≥≤₩®ne of the potential financing sπ∑↓→ide of A station.
In addition, according☆€₽≈ to public information, the actual da<₩βu of station a dropped to 1.6 m'illion in November last y ear, including 900000 PC terminals ♠€®and 450000 mobile terminals. Th×≥↔ is number peaked at 12 million in JΩ✔∞✘anuary last year, with aσλn average monthly dau of 8 milli$πon.
When it is bad, Kwai Fu $≥helps and the team can operate×Ω€ independently. You andπδβ I are willing to maλσke a match.
According to the news, the trans÷♣ε§action price of the Kwai A acquisiti✔™&on will be less than 750 γφ★•million yuan, and more details are notδ"♥↑ disclosed. However,✘★↕δ in the last round of ♠™£financing, the pre investment val§♠uation of station a was 7✔ γ50 million yuan.
Kwai takeover A station
Response from station a
Later, Liu Yanyan, CEO of stat" ♦ion a, told Tencent that↑®± the news was true and he ™πγ would continue to stay in station™∞ a and the company wε★ould maintain independent operat≠≥©₽ion.
Kwai Fu response
The Kwai TSE also respond•®©¶ed to the Tencent's "first linγ"←βe", saying thatα§γ Kwai TSE confirmed th↔×>at it had completed the overall acquisiΩ§∏tion of Acfun.
In the future, station a will main≥αtain independent brand∏$, independent operation, original team↑∑™ and independent development. The Kw≥>✘ ai will also give A staλ♣☆tion strong support in capital, ♥π resources and technology.
Response from shareholders of s•↑≤★tation a
Kwai Kwai signed a transfer agreement₩ "≠ with Chinese express at Acfun noon in ♥ June 5th, which is intended to sell ₹♠₹ all A station rights to iε≈÷ts fast sellers at a price§±↕ of 140 million yuan.
According to the news, ch•×inaonline held a board meeting o<£δn November 21, 2016, an÷&©×d signed an agreemen♥×α t to invest 250 million yuan in cash ¥♠™©to subscribe for 13.51% of ""↑the equity of station a.
However, because station a did not mee¶"t the preconditions in the rel¥ evant capital increa ∑se agreement, the sub₽&$¥sequent Chinese online ♦λ₩only paid 138.5 million yuan of inve≈£↑stment advance to station a, and did ®®↔'not make industrial and commercial c♣÷hanges.
Why did the Kwai take•α∑over buy A station?
About Kwai's takeover of A stati↔₹ on, 36 krypton has made a simple a↓π§Ωnalysis from three dimensions: user p<αortrait, market overall environment and¶≈™ commercialization.
1, A station can fill Kwai&#∏β£✘39;s shortage in user circl≈←↕αes.
The user portrait is quick enough↕ to sink and average users, while ×✔☆ A stations are mainly young people, anδ±'d the culture of the c< ×ommunity is heavy. The acqui©↔σσsition of A stations can make ≥••good use of the fast u∏¥ser's lack of user circle★&∞s, and logic is similar to the acq←×uisition of Kwai Kwai stre←∏≠et.
According to the data of←∏φ Aurora data, gender aα∏₩πnd A distribution are al'≠σl higher in Kwai Tai than in woα≥men, and the ratio of male to female ≠£ ₹is similar.
From the result of user city level dist♣↕★₹ribution, a larger pro↕δportion of users of station a ar $♥e distributed in first tier'&£φ cities, accounting for 20.04%. New fir>λst tier and second tier cities als£×™o account for a higher pε≥γroportion of users of station a.
Users of fast track are also$ sinking more, and the number of users™π in city with three Kwai and below is €♦★more than 60%.
2, Kwai Fu needs to take a road o &f investment and merger.
Kwai Kwai's anal☆★•ysis of the overall market environmentβ∑∞<, as a direct competitor of the∏'☆β fast, 150 million days of live tre₽≥φ mbling has gone beyond₩≠× the 100 million tiktok.
With Kwai's headlines rel₩δ•βying on the strong produc §t R & D and operati∑ ✔on capabilities shown in the short₩σ↕ video matrix, a quick way to invest i±∏πn mergers and acquisitiλ÷λons is not a short cut to thΩ©e headlines.
3, commercialization is always o≠Ωσ₩ne of the most important indic≠ ♠ators of Kwai Fu.
As a short video comαγpany that has been se•≤₹eking overseas listing, commercializati₹∞on is always one of the most concerneγ¥✔✔d indicators of Kwai Chung.
Through the listing of B stat★•ion, the whole market has seen ±☆♠the high proportion of its ★₹≤δgame income and its ↔↕∏diversified business val↕®ue.
Why did station a accept the acqu→£ isition?
Although the starting pointπ∑ of station a is very high, it✘©÷ is the oldest barra≈↓≠ ge video website, but due to frequent c≤ hanges in senior man₹← "agement, poor management →↓and other reasons, the developmen♦↓t has been cold and qu≤♠iet.
At the beginning of this year, statiπ≈on a experienced the storm of shutt✔←↑ing down the station and beinλ♣©g unable to visit, and ☆♦its fate was shaken several≈→ times. It was reported tπασhat Alibaba resumed its normal opera÷↕>tion only after it got the support o¶ ₹←f Ali system. However, it was later rep÷→≥orted that Alibaba gaveα π≠ up its holding plan fo™£r station a.
Sources also said that the init≥"♣ial rumour of Kwai Kwai and A station δ©cooperation came froδ™₽&m the fund that was acquired at the be₩₽ ginning of this year'®∑ when A station was re&¥£ launched. It is reported tha↕Ω™t the source of the funds is fast.
In fact, according to the first li↑"ne, Kwai has always been o≥≤₩®ne of the potential financing sπ∑↓→ide of A station.
In addition, according☆€₽≈ to public information, the actual da<₩βu of station a dropped to 1.6 m'illion in November last y ear, including 900000 PC terminals ♠€®and 450000 mobile terminals. Th×≥↔ is number peaked at 12 million in JΩ✔∞✘anuary last year, with aσλn average monthly dau of 8 milli$πon.
When it is bad, Kwai Fu $≥helps and the team can operate×Ω€ independently. You andπδβ I are willing to maλσke a match.
