My Age of Investment

Chapter 1621 New Year’s Gift Package

After ending the lawsuit in the United States, Xia Jingxing finally got rid of an annoying fly.

There is no need to worry about Gulf Power coming to trouble him again in the short term, but his feud with this company is getting deeper and deeper.

However, Xia Jingxing didn't care about these things. He was always an enemy, not a friend. He just wanted to fight when he was looking for trouble. How could there be so many reflections and what-ifs?

After staying in the San Francisco Bay Area for one more week and spending time with his two children, Xia Jingxing finally returned to China before the 2012 New Year in the Gregorian calendar.

On the spacious avenue leading from Capital Airport to Shangdi Science and Technology Park, Xia Jingxing sat in a car and chatted with Liu Xiaoduo, who was sitting in the front passenger seat.

"The Lunar New Year is less than a month away. How are we preparing our New Year's gift package?"

"Everything is ready. After you take a look at it, if there are no problems, it will be officially announced on New Year's Day."

Xia Jingxing nodded with satisfaction. It seemed that during his absence, the domestic industry was operating quite well, but he still needed to control the direction of major decisions.

As soon as they returned to the chairman's office on the 49th floor of Tower A of the Overseas Building, and before they had time to make a pot of hot tea to soothe their throats, Zhang Dalong and Zhang Yong came to report to Xia Jingxing after receiving the news.

Regarding the development of other departments and industries, Xia Jingxing rarely expressed opinions and simply ignored them after listening to the reports.

Only WeChat, he seems to pay special attention to.

"The total number of WeChat users exceeded 200 million in the middle of the year, but it has yet to cross the 300 million mark. I am very worried about this."

Xia Jingxing's words made Zhang Dalong, who was talking happily, suddenly speechless. He thought to himself that WeChat is developing as fast as a rocket. Mr. Xia is still not satisfied with this? What do you want?

I thought I would get some praise from my boss when I came to report on my work, but I didn't expect that I was poured cold water on my face.

As the CEO of a domestic holding group, Zhang Yong stands at a different height and looks at problems from a different perspective.

Seeing that Xia Jingxing seemed to have great doubts in his heart, he quickly explained a few words for Zhang Dalong: "Mr. Xia, as an emerging instant messaging application, the development speed of WeChat can be described as an industry miracle.

In 2010, WeChat took advantage of the 3Q war to surpass 100 million users, attracting attention from both the industry and outside. Penguin even regarded us as a strong enemy.

However, we did not give Penguin a chance to breathe. In the following six months or so, we increased our efforts to poach Penguin's corners and successfully converted a large number of QQ users into WeChat users. "

At this point, Zhang Yong changed the subject, "However, WeChat developed with the mobile Internet after all, and its development speed and prospects are closely related to smartphone coverage.

Smartphone coverage cannot increase, and even WeChat, a clever woman, cannot make a meal without rice. "

Xia Jingxing frowned and thought that this was indeed an annoying thing. There were still too few smartphone users.

Thinking of this, he asked: "What is the current domestic smartphone coverage rate?"

Zhang Yong smiled slightly, "We have been cooperating with relevant agencies to track this data. Although this year will only end in a few days, the estimated data has already come out.

As of December 2011, the number of mobile Internet users in China has reached 360 million, of which the number of smartphone Internet users has reached 190 million, with a penetration rate of 53%. "

"It's only half way?"

Xia Jingxing is not satisfied with this data, because the level of this data will affect the development and implementation of WeChat's next development strategic plan. "Yes, the data does not look ideal and is far behind developed countries in Europe and the United States, but it is already a benchmark for developing countries."

Zhang Yong continued: "At the same time, I also have two 50% data here, that is, as of the fourth quarter of 2011, the sales of mobile phones in the Chinese market reached 35.287 million units, of which 18.114 million smartphones were shipped, and the market share More than half.

The total number of WeChat users exceeds 240 million, of which 120 million are from mobile terminals. "

Xia Jingxing made a mental calculation and found that WeChat's development speed was actually quite satisfactory. Within two years of its launch, it had attracted 240 million users, accounting for almost half of the country's 513 million Internet users.

The results on the mobile side are even more impressive, with 120 million users accounting for nearly two-thirds of the total number of smartphone users in the country.

At the moment, it has almost reached the upper limit of development.

However, this data does not make him feel safe. You must know that in order to fight a public opinion war with WeChat, Penguin has shouted the target slogan of "1 billion registered, 200 million online at the same time" this year.

Of course, Penguin’s number of registered users is huge, and the number of people online at the same time is just a slogan.

But Penguin’s background is really deep. Even after the setbacks of the 3Q war, which severely damaged QQ’s brand credibility and popularity, it is still a skinny camel bigger than a horse, and it is still China’s largest instant messaging application.

"How is the Eagle Project going? Is there any lack of cooperation from Fuxing Industrial Group?"

Xia Jingxing glanced at Zhang Yong and Zhang Dalong and said seriously: "If they don't cooperate, they must report to me in time."

Zhang Yong shook his head quickly, "No, no, they are quite cooperative. They just need time to complete the plan."

Seeing this, Xia Jingxing didn't say anything more, as long as the companies below didn't hold each other back.

The Young Eagle Project he talks about is actually a project led by the investment fund of Fuxing Industrial Group, which invests in supporting copycat mobile phones.

Although Fuxing Industrial already owns brands such as Fuxing, Honor, and Conscience, it has also invested in and supported brands such as Rice and Meizu, setting off the first wave of smartphone entrepreneurship in China.

But this is far from enough. What really allows smartphones to enter the sinking market are unknown copycat phones.

The introduction of more knock-off mobile phones with a few hundred yuan into the market will help increase the coverage of Chinese smartphone users, and also help WeChat expand its target user market.

All this requires is that Fuxing Industrial's funds provide a dream fund for entrepreneurs with dreams and introduce some supply chain resources.

Of course, not everyone has the supply chain integration capabilities as strong as Lei Jun, and there are still many entrepreneurs who have been invested in and failed.

However, Xia Jingxing did not expect the fund to make much money back. His biggest goal was to increase domestic smartphone coverage. As long as this goal could be achieved quickly, a loss of tens or even hundreds of millions was acceptable.

"Let's talk about the big gift package we have prepared. Chinese New Year is coming soon, and it's time to distribute benefits to our users."

After talking about the more serious topics, Xia Jingxing changed to a lighter topic.

As soon as he mentioned this, Zhang Dalong became excited and said energetically: "Mr. Xia, your product idea is great, and the team and I unanimously praise it!

I believe there is no Chinese who doesn’t like this thing!

If this trump card is played, Bonima and the others will probably have a headache. "

(End of chapter)