Top of the Great Era

Chapter 1385 Comparison Changes the Market
The general direction of cooperation has been reached.

Zhou Buqi was very happy.

Then, he immediately thought of one thing.

There is a South Korean player Park Ji-sung in the Manchester United team, and his contract will expire next summer.The club now has two options, either to renew his contract or sell him this summer. He cannot wait for his contract to expire and leave the team freely.

Prior to this, Zhou Buqi's intention to renew the contract was not clear.

Park Ji-sung's level is good, and his role in the team is much stronger than that of Hargreaves, Fletcher, and Anderson.In addition to Scholes and Carrick, Manchester United's midfielders belong to Park Ji-sung.

But he wants to occupy a non-European quota.

Zhou Buqi has grand plans for Manchester United, one of the most important directions is to use foresight to search for talents in the South American player market.

Park Ji-sung had to give up the non-European spot to South American talent.

However, with the cooperation with Hyundai Group, Park Ji-sung cannot leave the team.As the pride of the Korean football world, Park Ji-sung has a very high status. The rumored girlfriends are all well-known actresses, such as Jang Nara, Shim Eun-jin, Ha Ji-won, Song Yoona, Kim Yuna and so on.

And Korean football is within the modern sphere of power.

If Zhou Buqi wants to promote "Internet + football", he must rely on the power of FIFA, and Hyundai Group can help in the middle.

However, verbal promises cannot be trusted.

It still depends on the follow-up actions.

Zhou Buqi has completed the layout of the Korean Internet market, which is divided into two parts: one is the e-commerce platform that Kim Jong-hyuk will build; the other is the social platform that Kim Beom-soo will build.

To prevent people from the modern Zheng family from going back on their promises, we must keep the back hand.

Kim Jong Hyuk's family background comes from Hyundai, so let's first start the cooperation around him, and Ziweixing and Hyundai will jointly invest in JTmall, Kim Jong Hyuk's current entrepreneurial project.

As for Kim Beom-soo, Hyundai Group will not be allowed to enter the market yet.

Kim Bum-soo used to be an employee of Samsung, so he reserved the possibility of cooperating with Samsung first.If in the next few years, some industries that are not in the market are happy to cooperate with Hyundai Group, the other party shows sincerity, and the cooperation between the two parties is stable and reliable, it will not be too late to introduce Hyundai Group.

Given the choice, Zhou Buqi would work with Hyundai instead of Samsung.

The icing on the cake is not as good as giving charcoal in the snow.

In the current South Korean Internet industry, Samsung is already the overlord.Cooperating with Samsung again, even if it becomes bigger and stronger, it will be icing on the cake at best, and the friendly relationship is not enough.

Hyundai is different. They are excluded from the Internet industry and are eager to enter it.Ziweixing's cooperation with Hyundai Group is a timely help.

The specific details have to be discussed by professionals.

In the next two days, Zhou Buqi had a hot fight with modern people, and took Sun Guanran and Ning Lu to play around the famous tourist attractions in various urban areas of Seoul.

Then I visited several Hyundai subsidiaries.

The first feeling: there are so few women!
Basically, except for the beautiful female secretaries who follow the bosses, there are few female employees.

The second feeling: the business is so wide!
Batteries, computers, mobile phones, mice, MP3s, elevators, LCD screens, toys, knives, pots and pans... Zhou Buqi even suspected that in the large subsidiary of Modern Commerce, there might be a business of producing coffins.

The third feeling: I can really pretend.

All employees have to wear suits, and female employees must wear short skirts and high heels.

The fourth feeling: the leader's temper is hot and the scene is very big.

Zhou Buqi saw it with his own eyes. When visiting a battery workshop, a grassroots leader punched and kicked several workers, as if he had made some mistake.

The overall impression is poor.

Zhou Buqi has visited many companies in many countries, went to different companies to experience different corporate cultures, and then learned their excellent corporate management experience for my use.

Many of Ziweixing's current systems are learned, but the modern ones are fine, and there is nothing to learn.

Not much better than state-owned enterprises.

On the third day, the investment plan was released.

In fact, Hyundai has long wanted to invest in JTmall, and has already researched it, but the big stock Tokyo Amoy did not agree.Now that the immediate boss has reached a verbal agreement, the cooperation can be carried out step by step.

The current JTmall is funded by Jingtao with 500 million US dollars, led by Jin Zhonghe and 12 small partners. The shareholding structure is Jingtao holds 75%, Jin Zhonghyuk holds 15%, and the management team holds shares. 10%.

In this wave of cooperation, the valuation of JTmall is 4000 million U.S. dollars, with a total financing of 1000 million U.S. dollars, diluted by 25%.Among them, Ziweixing and Modern each contributed 500 million US dollars.

After the financing, Jingtao is still the major shareholder, holding 56.25% of the shares, Ziweixing holds 12.5%, Hyundai holds 12.5%, and the management team holds 18.75%.

Besides, Xu Liangjie, Tang Binchen also reached an agreement with Jin Fanxiu.

Under the name of Zhou Buqi, kakao technology was established.

Ziweixing invested US$500 million, holding 60% of the shares, Jin Fanxiu personally invested US$100 million, holding 25% of the shares, and his friends contributed US$50, holding 10% of the shares, and reserved 5% option space.With Jin Fanxiu as the chairman and CEO, Lu Qi, Tang Binchen, and Chen Dong will all join the board of directors.

So far, Zhou Buqi's trip to South Korea has basically come to an end.

very smooth.

Let Tang Binchen and Chen Dong do the follow-up work. These two are more confident than the other. Before leaving, the three of them had a simple meeting.

"South Korea's Internet is better than Japan's, but not much better!"

Tang Binchen is different now, with a loud tone.

Zhou Buqi laughed and said, "What new discovery do you have?"

Tang Binchen said: "It's true. Koreans spend all their energy on developing games. Even games have a lot of bugs. Just like "Legend", Koreans are good at cooking. They can't see bugs and can play It’s very reassuring. In China, it’s flying all over the place.”

Zhou Buqi expressed his understanding of this, "There are few people. There are not many IT talents in the first place. Some of them are used in important positions. Skilled people don't even bother to find bugs and make plug-ins."

Chen Dong asked: "Is it related to national character?"

"Ok?"

"Just like Japan, whether it's a website or software, there are a lot of loopholes. It's not that they don't know, but they don't care. As long as it doesn't crash and works, spend the least money to make things out."

"On the one hand."

Tang Binchen's business was much more successful than Chen Dong's, so he had more say.

Zhou Buqi asked: "What's the matter?"

Tang Binchen said: "They don't understand Internet design at all, they just think that a thing is easy to use, and they are not picky about the quality. Street stalls, as long as the price is cheap and the style is still wearable, that's fine."

Zhou Buqi happened to be going back to China to talk about Vancl’s investment with Lei Jun, and said with a smile: “The perspective of clothing is quite good, so I can talk more about it.”

Chen Dongdao: "Clothing has been a hot industry in the past few years. With the economic boom and the increase of national income, people have to pay attention to clothing. When I was doing group buying on campus, Shi Jinglin said that I wanted to do this market, but I didn't do it. .”

"why?"

"Domestic products are no good. There are international brands such as Uniqlo and Zara in FMCG, and the prices are also affordable. How can I grab domestic products? In order to find lower prices, I went to Taobao."

"Ah."

"In the past few years, there have been some fast-moving consumer goods clothing brands in China, such as Meibang, Boys and Girls, Yichun, etc., but in the past few years, Uniqlo, H&M, and Zara have successively entered the domestic market, and they are all dead. Comparison can change the market .”

"Ah."

Zhou Buqi nodded.

It turns out that with such a big background, it is not surprising that the emerging national trend of "Fanke" will be flocked to.

Tang Binchen said with a smile: "Yes, the domestic clothing industry is similar to the IT industry in Korea and Japan. If there is no foreign company invasion, those national trendy brands can live very well, even if the style is ugly and the quality is worrying, as long as they can be worn. Overseas After the big brands enter the market, there is a comparison, and the market changes."

After a pause, he continued: "During this period of time, I have communicated with people from Baidu Japan, but they didn't do it. It's due to the different user habits in Japan. I don't think so. User habits are important, but the world's consumption They all have a common feature, that is, they will use better products. Internet products with beautiful design, stable products, and complete functions can succeed as long as they don’t challenge the national character too much. From YikYak to UC beauty, and UC Assistant and UC Browser are all based on this principle. Our products are more down-to-earth than Silicon Valley products, and they have a better experience than Japanese local products.”

Zhou Buqi asked, "What about South Korea?"

"South Korea is stronger than Japan, but it is still far behind us. But this is very representative. The IT level of South Korea and Japan is also top-notch in the world. Even South Korea and Japan are at this level, which can be seen in Southeast Asia. , Australia, New Zealand, etc. South Korea’s current game industry is very strong, in fact, it’s because of its good creativity. The domestic game industry can surpass them by cultivating a few waves of talents.”

Obviously, after the great success in the Japanese market, Tang Binchen's ambitions have greatly increased, and he has set his sights on the entire Asia-Pacific.

Zhou Buqi was deeply touched by this, "Well, they are all oases!"

Tang Binchen said: "Their local power is very poor. After the Silicon Valley giants enter the market, the local small companies will inevitably collapse collectively. We have to rush in to grab the site."

Zhou Buqi laughed and said, "Do you have an idea?"

Tang Binchen recommended himself, "I'll be in charge of the business development of Ziweixing's Asia-Pacific region."

"What did Lu Qi say?"

"I didn't ask him."

"You go to communicate with him, and if he agrees, I will agree."

"Okay." Tang Binchen was very happy, "By the way, Lu Qi said that he has already found the person in charge of the European region."

Zhou Buqi said: "Well, it seems to be Paul Kona, an American, going to England to sit in town... I will go to England at the end of the month to meet him."

(End of this chapter)