My Age of Investment

  Chapter 1090 is the frontrunner of the king, charging into the battle (a Pear Blossom leader 910)

  After beating Wu Yimin, Xia Jingxing's topic returned to Weibo.

  The first sentence of his opening was: "I copied myself. Actually, the risk is not small. I'm afraid of copying the wrong answer!"

  The senior executives were stunned. What does this mean?

  Goryeo cleared her throat, and then said: "Mr. Xia, do you mean the problem of unaccustomed water and soil?"

"Yes!"

Xia Jingxing smiled and said: "Take Hainet.com, from UI design to various functional modules, we did not copy Facebook in its entirety. Instead, along the larger functional direction, we carried out a series of micro-innovations and conformed to the usage habits of Chinese users. improvement of.

  If you directly move the messy pages of Facebook to China, you are afraid that users will complain about it.

  Huang Xin, Comrade Huang, a man who must succeed in starting a business in his life, everyone basically knows him, or at least he has heard of his name.

The predecessor of   Hainei.com, the predecessor of the school, has not been developed because many of its functions have not been improved, and it has not discovered where Chinese users are interested in social networking sites.

  Now he has created another fanfou.com, which is also a Twitter-like micro-blog site. It has been on for almost a year, and it has accumulated hundreds of thousands of users, and the results are not bad.

   But to be honest, I think Weibo’s potential is much more than that. He hasn’t really found the trick yet.

  Of course, we have not even started to make products, and we don’t have much qualifications to comment on others.

  However, my opinion is that some successful experiences of Hainei.com can be learned. "

  After speaking, Xia Jingxing glanced at Zhang Yong who was sitting on his left hand.

  Zhang Yong understood, and then said: “The 30-person project team transferred from Hainet has been established, and they all have rich experience in operating social networking sites.

  In addition, a half-storey office was reserved for the Weibo project team, and some equipment, desks and chairs and other office appliances were added.

  Mr. Shen and Mr. Gao, you can go to meet with you in a while to get familiar with the team.

  If you feel that there is a shortage of manpower or other aspects, please contact me directly. "

  "Okay, thank you Mr. Zhang!"

   Gao Lili responded with a smile, and Shen Xinyi also smiled and nodded to Zhang Yong.

  After the Weibo topics ended, the meeting continued, and it was the turn of the senior executives to report on the development of each subsidiary and product line.

  Hainai.com’s CEO is currently still held by Zhang Yong, so he is the first to report.

  The biggest problem of the domestic network is the old problem. User growth has entered a bottleneck period. Social games have begun to lose appeal to users. User usage time has even declined, but the downward trend is not obvious.

  After listening to the report, Xia Jingxing knew that Penguin’s Qzone began to eat away at the market share of Hainei.com.

  The first thing that cannibalize is the usage time of the users of Hainet!

  Many users use both QQ and Hai intranet.

  The use time of users on the domestic intranet has decreased, which naturally means that users spend more time on Qzone.

  The reason is needless to say, Penguin's instant messaging + SNS has created a stronger user stickiness.

  Zhang Yong said with a worried face: "This is not a good phenomenon! We hope to use the open platform to maintain user stickiness, and Penguin has also built and launched its own open platform, and is still competing with us for developers.

  We give 50% of the income, and Penguin gives 50%;

  We increased the price to 60%, and then Penguin rose to 65%.

  I think Bonima is completely on the bar with us, or thinks he has found a chance to beat us. "

  Xia Jingxing smiled and said: “Ma Huateng pledged equity and bought so many Penguin equity from me, and completed the equity increase.

  Since this year, Penguin's stock price has almost been cut in half, and he is under great pressure.

  Don’t beat us quickly and let the stock price fall again, he will face the risk of liquidation.

   Therefore, he is desperately trying to kill Hai Nei.com to unify the Chinese social scene. "

Zhang Yong nodded slightly, "It can be seen that he is very anxious during this period of time. The QQTalk software was going to be shut down by them. After seeing our MOMO voice development getting better and better, Penguin suddenly decided not to go offline. Yes, it also organizes personnel to upgrade the software.

   seems to want to fight with us on the voice software, accumulating small wins is a big win. "

  Xia Jingxing looked at Lai Binqiang, who was in charge of MOMO voice, and asked: "How is your situation now? Can you withstand Penguin's counterattack?"

   Lai Binqiang confidently said: “Of the five most popular online games on the market today, two of them are in our hands, while Penguin has none of them.

  Relying on the recommendations and various help provided by domestic games for MOMO Voice, the number of registered users of MOMO Voice has exceeded 3 million, and it has also exceeded 300,000 people online at the same time. "

  Xia Jingxing’s eyes towards Lai Binqiang were full of admiration and encouragement, “This achievement is very good. MOMO Voice was only launched at the beginning of the year, and it was almost in operation for half a year. We will continue our efforts and strive to exceed 1 million people online at the same time this year.”

  Lai Binqiang smiled and nodded, "Mr. Xia, the team and I will work hard, and there is another thing to report to you."

"You said."

  "We are now competing for hegemony between us and Penguin’s QQTalk. The original voice software overlord ISpeak has been far behind.

  Duowan wanted to acquire ISpeak before, but the price has not been agreed.

  Because our MOMO voice suddenly entered this industry strongly, leading to a sharp decline in ISpeak’s market position and valuation, and the two companies’ co-investor Lei Jun said peace from it, the two companies completed the merger last month.

  It is said that Play More is transforming and upgrading ISpeak during this time, and will soon come up with official products and enter the voice software track again. "

  Xia Jingxing estimated that this so-called "official product" should be YY voice.

  Speaking of Lei Jun, Xia Jingxing doesn’t know what this guy is thinking now. He doesn’t contact him to make a mobile phone day by day. Instead, it’s the angel investment that has become so popular. It seems that he is obsessed with it?

  Zhang Yong added: “Mr. Xia, Duwan also completed the B round of financing this month, led by Siwei Investment to invest US$4 million, and the A-round investor, Morningside Ventures, followed up with US$1 million.”

Xia Jingxing didn't care about the mere US$5 million in financing. It was the investors who really made him curious.

  "Siwei Investment? Steamboat?"

  Zhang Yong smiled and nodded: "Yes, this is the name, named after the Mickey Mouse cartoon "Steamboat Willie". It belongs to Disney's VC fund. The fund only landed in the magic city a year ago."

  Xia Jingxing smiled and said, "It seems that everyone is investing in these years."

  "Diversified make money!" Zhang Yong chuckled lightly.

   "Okay, I see, 5 million dollars is still enough for a while."

After finishing talking, Xia Jingxing looked at Lai Binqiang again, and exhorted: "Don't be caught up in the back, MOMO must be firmly nailed to the top position in the industry, and strive to reach 30 million registered users this time next year."

Hearing that, Lai Binqiang still feels very stressed, because it is not easy to increase the number of users tenfold in a year, but looking at Xia Jingxing's serious expression, he did not bargain, gritted his teeth and took the task.

  It is not that Xia Jingxing forcefully assigns tasks regardless of the actual difficulties of his subordinates, but that 3G will finally be fully rolled out next year, and voice instant messaging based on mobile phone devices can finally be arranged.

  MOMO voice plays a role as the king’s forerunner, charging into the battlefield, and the development is too slow.

  Next, Liu Yingqi reported on the development status of Haifutong.

  The development of the online payment business of this subsidiary is very slow, and it is driving without a license. It is afraid to cross the line too much for fear of eating and hanging out.

As a result, Liu Yingqi and the team devoted their main energy to the development of QR codes in accordance with Xia Jingxing’s instructions, and also reached a series of cooperation with national teams such as the China Article Coding Center, intending to make Haifutong based on the Chinese Hanxin code standard. Carry out the secondary development of the QR code.

  At the same time, after the completion of the development work, Haifutong also undertakes the task of promoting Hanxin code.

  Although Japan’s QR code in the previous life has not been required to charge a patent fee, there will be some other problems in the future.

  It is about information security, so be careful not to make a big mistake.

  The Hanxin code in the previous life was actually developed a long time ago, in 2006 and 2007, much earlier than the QR code payment began to explode.

  The reason why the standard cannot be promoted is because it is too late to promote.

  The development of QR code payment is too fast. By the time the Hanxin code reacts slowly, Japan’s QR code has already occupied various domestic and large payment applications, and it has also paved the streets and alleys of China offline.

At the same time, Japan does not charge patent fees, and major payment companies have no drive to promote Hanxin Code, which has a very low market share, and such promotion risks losing market share, because at that time Japan’s QR code was promoted earlier and more mature.

  Based on business considerations, few companies are willing to lose money.

  When the promotion of QR code in the previous life was in full swing, I was suddenly stopped by Yang’s mother because I was afraid of major problems in information security.

  A small QR code can actually store a large amount of information, and it also involves the safety of citizens’ property, so we have to be cautious.

  At that time, Baidu was politically correct once, and the other two chose to promote the QR code of Japan.

  In this life, Xia Jingxing chose to intervene. He intends to let Haifutong fire the first shot of QR code payment, start the promotion of Hanxin code early, and other companies quickly follow up, and everyone will promote and improve Hanxin code together.

  Perhaps this world’s independent intellectual property rights are still useful. It is not so obvious that there are alternatives, but they want to use Japanese ones.

  (End of this chapter)