Reborn Entrepreneurial Giant.

Chapter 443 The Jinshan Problem

The 30% market share has become a natural barrier for ancient song search, and it also suppresses latecomers such as Sogou and Sosou. Therefore, NetEase has not launched Youdao Search. Qihoo’s Zhou Hongyi seems to have not given up yet.

Even if it only has a market share of 25~30%, Guge Search can still bring a lot of cash flow to Jumei. Calculated based on one-third of Baidu’s search income, assuming that Baidu’s search revenue remains unchanged, Guge Search’s revenue last year was about 25 10 billion in revenue and a net profit of around 145 billion.It is possible that Baidu’s annual revenue this year will be 50 billion, and Gu Ge’s 15 billion revenue and [-] billion profit.

Jumei and Guge integrated their respective advertising businesses and acquired Discuz last year!Later, it became the largest advertising alliance in the country.As the e-commerce business develops and expands, especially the rise of the Juhuasuan platform, it is possible that advertising revenue will surpass Baidu.

Of course, Guge and Jumei are two companies, and the revenue of the Guge Alliance must be divided into two parts. Does this mean that if they work together, they will be invincible, and if they divide, each will be king?More than ten years later, Pinxixi’s advertising revenue has exceeded 1000 billion. This is no small business.

Jumei ancient songs plus time, how much advertising revenue will be in the future? Qu Li thinks it is beautiful when he thinks about it. Jumei should be the largest advertising company in the country in the future, right? Instagram has huge potential. Qu Li was sitting in the Instagram office chatting with Chen Danni and Zhang Yiming.

Domestic Weibo responded quickly and quickly improved the function of adding comments to pictures. However, foreign Twitter did not seem to react and watched Instagram conquer the city.

"So Weibo may block our development in China?"

"Not necessarily. They are manual recommendations and we are algorithmic recommendations. We can continuously learn iteratively and understand the interests and hobbies of users..." Zhang Yiming still has one sentence left to say. Jumei has the widest usage scenarios and the most accurate user portraits.

“Among Instagram’s more than 3000 million users, there are more than 2000 million foreign users.”

Qu Li didn't know how he felt. Instagram's development is not slow, but it is by no means fast. Compared with Weibo, it is a scumbag, and compared with WeChat, it is still scumbag.

"Do you want to set up a team in China, as well as privacy and information security? We are a Chinese company and must pay special attention to it. There are no competitors now, so no one is targeting them. Facebook and Twitter are not small players..."

"I'll think about it. It's not necessary yet." Zhang Yiming adjusted his glasses and said.

Come on, Huang Zheng and Zhang Yiming are both very calm people and very independent.

In addition to Instagram, other businesses of Time are developing rapidly. Even Time Music has a large number of stable users. Whale Music approached him several times to seek cooperation opportunities, but Qu Li ignored him, even though the website had Dayao's investment.The value of this music website is limited. If Jumei is not short of money, he can naturally give it as a favor. But now that several big projects require money, he has to give up the opportunity to be a good person.

In a sense, Qu Li is also very rational, and relatively indifferent to emotions, and is rarely restrained by emotions in doing things.He directly refused to meet Dayao, not wanting to get involved in any interest relationship.

After taking the time to go to Jinshan, Qiu Bojun resigned as chairman, but he did not withdraw from the board of directors and had not officially retired. Qu Li's ideas and Wu Shihong's execution could not reassure him, so he should try his best to persist.

Less than half a year later, Kingsoft's transformation has just begun. The only bright spot is the game business. JX and League of Legends are both very good games. Qu Li has improved the strategic position of the game business and obtained more resources.

"WPS has reduced advertising investment banking, which still has a great impact on revenue. The revenue in the first half of the year may not be ideal." Wu Shihong and Qu Li talked about some things Kingsoft encountered and expressed their embarrassment.

Qu Li doesn't understand either. A wealthy man like him is never short of money and spends money lavishly. This kind of business of living within one's means is really not suitable for him.

"How is the enterprise security business?" Qu Li remembers that Kingsoft used debt to acquire Green Alliance

"This part of the income is growing rapidly, and I am confident that it will reach 5 million this year..."

"Kingsoft's revenue last year was only 10 billion, right?" Qu Li asked doubtfully

"Green Alliance's revenue last year was about 3 million, and its net profit was about 6000 million. The previous team was mainly engaged in technology and was not very good at market operations..." Wu Shihong explained that there are many companies in China that are engaged in corporate security, such as Green Alliance, Venus Star, and Tianrong. The trust gap is not big, and it is possible to acquire one of them. Even if there is no Green Alliance, there can still be Red Alliance, which will not affect Kingsoft's entry into the network security market.

Later, the leading network security company was spun off from 360. Now with Kingsoft, as long as the thinking does not slip and the investment persists, it will not be too bad.

After listening to Wu Shihong, he called the person in charge of technology over to continue to understand the situation. Network security requires hard power. Without technical experts and an excellent team, it is impossible to do this well.From the derivation process of the results, it can be seen that Kingsoft Drug Tyrant has basically no presence in the country, and the various kill rates are very impressive, which shows that their security team is really not good.

Qu Li has always liked to recruit the best talents and give them salaries that exceed those of his peers. As an established Internet technology company, Kingsoft has a certain degree of attraction, so the key is money.

"Both gaming and security businesses are profitable, only office software..."

"It's a productivity tool," Qu Li corrected. In addition to WPS, there are also PDFs, mind maps, cloud documents, enterprise cloud disks, video conferencing, etc. It's not just for office work.

I originally wanted Kingsoft to develop the Linux operating system, but now is definitely not a good time. Let’s wait until League of Legends makes a profit.The cold-blooded and ruthless Qu Li has no friends, and there is no psychological burden at all for a major exchange of blood in Jinshan.

Qu Li arranged for people from Jumei to come over to help Wu Shihong improve the OKR/KPI assessment standards in Jinshan. People are forced to come out, and they must be given a chance before replacing them.

The employees of Jinshan didn't know the coldness behind Qu Li, who was kind-hearted and friendly. He had a strong purpose in doing things.

"It is enough to maintain a break-even balance in network security. Continue to invest in the profit part to make Kingsoft become the top network security company in the country. The productivity tool department can lose [-] million every year. Let's lose [-] billion first and then consider profitability. Online games belong to the whole village. I hope..." Qu Li emphasized again, "Whether you want it or not, I don't want a mediocre company!"

"League of Legends has great potential, and we need to strengthen cooperation with them, but..." Zou Tao, the head of the game department Xishanju, reported that Qu Li's words are not pleasant, but he has the qualifications.

"Kingsoft's market value is too low and its cash flow is too little. Let's do this. I'll pay for Riot Games. If you don't do well with this project, get together and leave smoothly..." Qu Li looked directly at Zou Tao and said: He has opportunities and challenges and how to grow without pressure.

"Okay, I agree." Zou Tao stood up