Top of the big era

Chapter 2676 No worries about monopoly

The entertainment in South Korea continues, and many important political and business figures have sent invitations. Among them, Director Choi of the Korea Film Development Foundation is the most enthusiastic.

In "Avengers 2" prepared by Ziweixing Global, in order to attract this big project to be filmed in South Korea and to have Korean actors participate, the foundation sponsored US$5 million.

Don’t give up free money.

However, there is some controversy over the selection of actors.

Director Cui recommended Kim Soo-hyun, the eighth-tier Korean actress with whom he had a close relationship, but was not chosen by Kevin Feige. Zhou Buqi criticized Kevin, saying he was just a dispensable sidekick, so what if he was given to her?

This is a favor!

If this role is not given to him this time, next time Director Cui may sponsor the relevant development funds to other companies willing to "cultivate" his close female companion, and it won't be Marvel's turn.

Zhou Buqi pushed hard and gave the small role to Kim Soo-hyun, and even made a special phone call to Director Cui.

This is great. Director Cui is so grateful that he just has to kneel down to Boss Zhou.

When I came to Korea this time, I didn't originally plan to meet Director Cui, but he kept coming and extending invitations. No matter what, he wanted to treat Boss Zhou to a meal to express his gratitude.

Zhou Buqi had no choice but to promise him that he would have a meal with him in the evening after finishing the work in Kakao.

Even if you meet, you can better promote the Korean Film Development Fund's sponsorship of Ziweixing Global's Hollywood productions. With a budget of 20 million US dollars a year, Ziweixing Global must not only fight for it, but at least 15 million US dollars. .

This afternoon, Zhou Buqi invited girls from two girl groups, Girls' Generation and Fx, to come to his home for swimming.

Swimming is the most enjoyable sport in summer.

After swimming, invite three or five girls back to the room to do some other exercises, which will make it more comfortable and comfortable. Especially since Girls’ Generation’s Jessica Jung and Fx’s Jung Soo-jung are sisters, it’s a special feeling if they are both invited.

Zhou Buqi was very satisfied with them and had a great time this afternoon.

He said that he could invite them to Paraguay for a vacation.

Play as you like, all fees are included!

Zhou Buqi exercised at home and relaxed his body and mind before getting ready and heading to Kakao's headquarters, mainly to sign documents.

Kakao Games has been split into an independent subsidiary, and the equity structure needs to be determined.

Among the subsidiaries, Kakao holds 55% of the shares, Changyou holds 35%, Jin Fanxiu holds 3%, Zhou Buqi holds 3%, Ziweixing International holds 2%, and Jingtao holds 2%.

At the same time, US$30 million will be raised for the subsidiary.

Among them, Kakao invested US$14 million; Changyou invested US$10 million and merged Changyou Korea into Kakao Games; Jin Fanxiu and Zhou Buqi are management stocks and are "dry stocks" and do not require investment; Ziweixing International and Jingjing Taodudu invested US$3 million.

For Zhou Buqi, this was actually not much money.

The Korean market is so small. If Kakao Games develops in the future, its market value will be only a few billion dollars, which is not worth mentioning. However, this 3% share allows him to join the board of directors as an individual shareholder and better exercise supervision rights.

Jin Beomxiu is too ambitious.

Not only does he want to build an Internet chaebol giant in South Korea, he also dreams of going to overseas markets to compete with those international giants.

No matter how you deal with the Korean market, I won’t care about it this week.

But he must limit his exploration of overseas markets and play a monopoly in South Korea. How fun is it to make money? With your level, you'd better not embarrass yourself in the international market.

Kakao Games was successfully spun off, and next is the hottest area in the mobile Internet field - mobile payment.

Kim Beom-soo wants to spin off KakaoPay.

"The purpose of spinning off Kakao Games is to introduce Changyou as a strategic partner and provide Kakao with better games." Jin Fanxiu explained his spin-off concept, "The biggest significance of the spin-off of Kakao Pay is not to introduce funds, but to introduce A strong mobile payment giant that can provide products, designs, technologies and intellectual property rights to KakaoPay."

Zhou Buqi asked: "Are there many startups in this field?"

"South Korea?" Jin Fanxiu smiled, "Almost not. Kakao imitates WeChat and uses the Kakao payment model to make KakaoPay. Even if there are a few small companies, it is not enough."

Zhou Buqi nodded, "Then don't worry, let's figure out the management structure of Kakao Game first."

Jin Fanxiu was a little embarrassed, "I think it needs to be done as soon as possible. KakaoPay has many shortcomings. Many users have reported that there are many small problems with Kakao payment. It seems difficult for our technical team to deal with such complex and frequent problems."

Zhou Buqi frowned slightly, "With so many things started at the same time, can you keep busy?"

Jin Fanxiu said: "The business structure will not change. Although it has been split, it is only a nominal split for the time being. The entire business and personnel arrangements remain as they are. Now we just need a strong helper."

Zhou Buqi asked: "Have you contacted Ali?"

"No."

Jin Beomxiu answered decisively.

In his view, this is a matter of principle.

Kakao is a company of "Ziwei Galaxy", and Jin Fanxiu himself considers himself Zhou Buqi's "little brother". How can he contact other "big brothers" privately without his permission?

Zhou Buqi said slowly: "Kakao is an instant messaging product that can integrate many rich functions like WeChat. This is the biggest reliance on traffic. The biggest logic of mobile Internet is traffic. With Kakao With this product, it can be said that you have the capital to do whatever you want in the Internet field in South Korea. As long as the Internet-related business, you can rely on Kakao’s traffic advantage! From this perspective, Kakao has unlimited future With so much imagination, in the financial business alone, companies such as KakaoPay, Kakao Bank, Kakao Insurance, and Kakao Securities can be spun off."

This is what makes Korea special.

You can play chaebol.

No worries about monopoly.

For example, Kakao Insurance is not like Alipay, which uses Alipay's platform advantages to help some insurance companies sell insurance products... Kakao Insurance is a self-operated insurance company that launches a variety of insurance products. KakaoPay is a financial supermarket where you can sell insurance products from third-party insurance companies as well as self-operated Kakao insurance products.

This kind of gameplay is almost impossible in China.

The main reason why Alipay was investigated was that it crossed the line and used many self-operated products, such as Huabei and Huabei.

Alipay helps insurance companies sell insurance products, but it cannot sell its own products; Alipay can help banks develop credit card businesses, but it cannot sell its own credit cards.

However, the biggest secret of the Internet platform is "self-operated + third party".

If there is no self-operated attribute, the strategy will be greatly reduced.

It is difficult for Alipay to develop such self-operated products in China. PayPal can't do this in the United States. It can only open a financial supermarket to sell other people's financial products.

But countries like South Korea and Japan are different. They both have a strong sense of chaebol, and there is no need to worry about monopoly.

You can play self-employed!

Kakao can open its own bank, and then use the KakaoPay platform to attract savings and lend online to Kakao Bank; Kakao can also open its own insurance company, open insurance business, and then sell Kakao insurance products online through the KakaoPay platform.

This monopoly is too strong.

But if you want to become a chaebol giant, you must do this. Through business crossover and ecological complementarity, you must create a complete industry line, leaving competitors no room to breathe.

It can be said that all of Boss Ma’s ideas for Alipay must be castrated on Alipay and PayPal. The legal and social environment in China and the United States simply do not allow it.

But South Korea can.

As long as Kakao has a traffic advantage, it can freely implement all business innovation ideas.

Moreover, the financial market is large enough. Even if South Korea is a small country, as long as these businesses are launched, they can achieve an astonishing scale.

KakaoPay, with a market capitalization of tens of billions of dollars; Kakao Bank, with a market capitalization of tens of billions of dollars; Kakao Insurance, with a market capitalization of tens of billions of dollars...

It's so fat in here!

Jin Beomxiu tentatively said: "PayPal was successfully listed on Nasdaq, which is amazing. If PayPal can become a strategic partner of KakaoPay..."

"That's easy to say!" Zhou Buqi waved his hand, "I have some special ideas about mobile payment, which can create an amazing Internet financial empire. It may not be possible in other countries' markets, but South Korea can, Kakao can, and you can! Since If you want to promote the spin-off of KakaoPay, then do it. I will give a large amount of funds in my personal name. At the same time, I will also promote the introduction of Alipay and PayPal as shareholders of strategic cooperation. Assist from all parties to promote the success of KakaoPay!"

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