Winning the new financial era

Chapter 654 Strategy
"Kunlun Wanwei!"

Zhang Yida smiled and said, "President Yahui is obsessed with finance now."

"Why do you say it?"

Cao Lu has been in Africa for a long time, and he doesn't know much about the domestic situation, so he couldn't help asking.

Shen Beipeng smiled at Cao Lu, "Let me explain it to you, because Zhou Yahui earned at least this amount by investing in Miaofen."

Cao Lu looked at Shen Beipeng's two fingers, and wanted to say 2 million, but felt that it was a bit small, so he changed it to 20 billion.

"Yes, at least 20 billion yuan has been earned!"

Shen Beipeng chuckled, "Currently, Zhou Yahui has already cleared all his warehouses and installments, and there is no one share left."

Looking at Cao Lu who was a little surprised, Shen Beipeng said with a smile: "This figure seems a lot, but when Miaofenqi's market value reached up to 120 billion US dollars, do you know what the book return of Kunlun Wanwei was at that time?"

Reeves stopped speaking, several other executives were also attracted attention, and all eyes were on Shen Beipeng.

Shen Beipeng glanced at Zhang Yida, wondering if it was appropriate to talk about it here.

Zhang Yida smiled and said, "Let's talk about it, and let our company's management know about our opponents."

Shen Beipeng switched to English, and gave a brief introduction to the process of Kunlun Wanwei's investment and installment to several non-national executives.

"Back and then, Kunlun Wanwei invested a total of 8000 million US dollars in Miaofenqi. At the peak of the stock price after Miaofenqi's listing, the book return was as high as 120 billion yuan.

However, due to financial regulation later on, the concept stocks in mutual funds plummeted. Although Kunlun Wanwei has been reducing its holdings of Miaofen, it only received a return of 20 billion in the end.

There is no way to compare with us!Yida, are you right? "

Zhang Yida nodded slightly, "That's right. We invested 800 million yuan and withdrew before Miaofen's listing, and cashed out 21.2 billion yuan."

Xu Xiaoming, who hadn't spoken much, said quietly, "Yes, 265 times the return, I don't think it's not just investors, even Lu Min earns less than you."

Zhang Yida laughed, "I like Phantom very much, thank you Teacher Xu for the great gift."

Xu Xiaoming is not a person who will be stingy just because he lost a bet on a Phantom, he said generously: "Just like it, if you invest in another project with a return of two to three hundred times, I will give you another good car."

Zhang Yida smiled, which made him a little embarrassed.

"In addition to Miaofenqi, Kunlun Wanwei has also invested in more than a dozen mutual fund companies in China, and several of them have already been hit by thunder."

Zhang Yida took over the quarrel and continued: "So, Kunlun Wanwei started to expand overseas.

In Southeast Asia and India, they established joint ventures with [-] and invested in many local mutual funds projects.

It is also very normal to move to Africa now.

Mutual funds make more money?Mr. Zhou is not short of money, so he will naturally start to cast a large net. "

Cao Lu suddenly realized, "That's right, the Opera browser was also jointly acquired by Kunlun Wanwei and [-], and it is currently the second largest browser in Africa after Google.

Opay’s parent company is also the Opera browser. Last month, it completed a pre-A round of financing of 3000 million U.S. dollars. It is said that it is seeking a round of A round of 5000 million U.S. dollars in financing.

Once the financing is completed, I am afraid that it will become a heavyweight player in the African mobile payment market.

Opay and Opera have a large presence in Africa. They have launched Opera News, a news platform, ORide, a motorbike service, OTrike, a tricycle service, OBus, a bus ticketing platform, OFood, an investment and financial platform, and OKash, an online lending platform. .

It can be regarded as domestic Alipay + Didi + Meituan + Qiandu + Toutiao. "

Zhang Yida commented, “This is to create a super APP, which is what GoJek and Grab in Southeast Asia are doing.

By continuously enriching usage scenarios, it will drive the growth of mobile payment business. "

Cao Lu nodded, "Yes, we speculate that's the case too. It's just that, the stall is so big all of a sudden, it's very expensive.

In addition, Opay is constantly poaching us and Transsion's employees.

Because we entered Africa earlier, we have many Chinese employees who are familiar with the African market, but we cannot find so many suitable employees in China.

That's all!

What I am most worried about is that Opay adopts the domestic subsidy user's habit of playing, and it will not be suitable for us to follow or not.

If you follow, you will burn money blindly, and you may end up burning a lot of chicken feathers.

Once the subsidy is stopped, users continue to pay cash.

If you don't follow, the market will be taken away by them.If they develop the user's usage habits, then we can only be out. "

Zhang Yida shook his head lightly, "Let them burn it, I want to see how much they can afford?"

Cao Lu hesitated to speak, and finally said: "Mr. Zhang, if we don't do any subsidy activities, the existing existing users may run away."

"Let them run away, and we'll make a move after they've squeezed out Opay's wool."

Zhang Yida and Cao Lu looked at each other and explained: "The market is immature now, especially the supporting facilities are not complete. I want African users to really get used to "cashless payment" like in China.

QR codes for e-commerce, taxis, food delivery, and roadside stalls... all of these have to be done.

Do you think Nigeria and Africa as a whole have this condition?

There is currently only one unicorn company in Africa, and its market value has fallen below $1 billion.

This kind of thing can't be rushed, I can only grow up with these friends.

These start-up companies are the short board in the barrel effect, and also our ceiling.

Mr. Zhou has a good idea. He wants to make family barrel products and use the power of one company to drag the entire African Internet market forward.

At least I am not optimistic about it! "

Both Shen Beipeng and Xu Xiaoming nodded, Zhang Yida was dozens of times more valuable than Zhou Yahui, but he didn't drift away.

In the past, when Chinese companies went overseas, they directly copied China's logic, quickly gained momentum in a short period of time, and ended the battle in a very short period of time.

But the reality is that compared with China’s per capita GDP of US$10000, even Nigeria’s per capita GDP, the largest economy, is only around US$2000. The willingness to pay and the education level of residents cannot be compared with those in China.

More importantly, there are so many African countries that they can only develop one by one, and they do not have the conditions to end the battle quickly.

Zhou Yahui is so aggressive, I am afraid that he will fall into a big fight.

"Let's lay a solid foundation for ourselves and don't worry about others."

Zhang Yida straightened up from the chair, and said seriously: "The current Internet entrepreneurial environment in Africa is very similar to that in China around 2000.

Try it, what was it like to promote mobile payment in China in 2000?
When the time is right, the group will naturally make additional investments.

What Chuanrui needs to do now is to take a deep root in the soil, understand the market thoroughly, and prepare for the full-scale explosion in a few years. "

Cao Lu nodded, he understood what Zhang Yida meant, but he didn't want to rush too fast, lest he become a martyr.

If you think about it carefully, these words can also stand up to scrutiny.

(End of this chapter)