Top of the big 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 something.

There is a Korean player Park Ji-sung in the Manchester United team, and his contract will expire next summer. The club now has two options, either renewing the contract or selling him this summer. It cannot wait until his contract expires and leave the team on a free agency.

Previously, Zhou Buqi's intention to renew the contract was unclear.

Park Ji-sung is of good quality, and his role in the team is much better than that of Hargreaves, Fletcher, and Anderson. Among Manchester United's midfielders, apart from Scholes and Carrick, Park Ji-sung has the most important role.

But he has to occupy a non-European quota.

Zhou Buqi has a grand plan for Manchester United. One of the most important directions is to use his foresight to search for talents in the South American player market.

Park Ji-sung has to give up his non-European quota to South American talents.

However, after cooperating with Hyundai Group, Park Ji-sung cannot leave the team. As the pride of the Korean football community, Park Ji-sung has a very high status. His rumored girlfriends are all well-known actresses, such as Jang Nara, Shim Eun-jin, Ha Ji-won, Song Yoon-ah, Kim Yuna, etc.

And Korean football is within the realm of modern power.

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

However, verbal promises cannot be trusted.

It still depends on the follow-up actions.

Zhou Buqi has completed the layout of South Korea's 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 word, we must keep our backbone.

Kim Jong Hyuk’s family background comes from Hyundai, so let’s start cooperation around him. Purple Star and Hyundai will jointly invest in Kim Jong Hyuk’s current entrepreneurial project JTmall.

As for Kim Beom-soo, let Hyundai Group not enter the market yet.

Jin Beomxiu used to be an employee of Samsung, so he first reserved the possibility of cooperation with Samsung. If some of Zhou Buqi's industries will cooperate happily with Hyundai Group in the next few years, and 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.

If given a choice, Zhou Buqi would cooperate with Hyundai instead of Samsung.

The icing on the cake is not as good as providing timely assistance.

In the current Korean Internet industry, Samsung is already the dominant player. If we cooperate with Samsung again, even if we become bigger and stronger, it will only be the icing on the cake, and the friendly relationship will not be enough.

It's different in modern times. They have been excluded from the Internet industry and are eager to enter. Ziweixing's cooperation with Hyundai Group is a timely help.

The specific details must be discussed by professionals.

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

Then we visited several Hyundai subsidiaries.

The first feeling: There are so few women!

Basically, except for the beautiful female secretaries who follow a few bosses, there are not many female employees in sight.

The second feeling: The business is so broad!

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

The fourth feeling: The leader has a hot temper and a lot of pomp.

Zhou Buqi saw it with his own eyes. When he visited a battery workshop, a grassroots leader was punching and kicking several workers, as if he had made some mistake.

The overall impression is very poor.

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

Much of Ziweixing's current system was learned, but forget it in modern times, 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 wanted to invest in JTmall for a long time and has already conducted research, but the major stock Tokyo Taobao did not agree. Now that the immediate superior has reached a verbal agreement, cooperation can begin gradually.

The current JTmall was founded by Jingtao with an investment of US$5 million, led by Kim Jonghyuk and 12 partners. The equity structure is that Jingtao holds 75% of the shares, Kim Jonghyuk holds 15%, and the management team holds the shares. 10%.

This wave of cooperation values ​​JTmall at US$40 million, with a total financing of US$10 million, diluted by 25%. Among them, Ziweixing and Hyundai each invested US$5 million.

After the financing is completed, 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%.

In addition, Xu Liangjie and Tang Binchen also reached an agreement with Jin Fanxiu.

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

Ziweixing invested US$5 million, holding 60% of the shares, Jin Fanxiu personally invested US$1 million, holding 25% of the shares, and his friends invested US$500,000, holding 10% of the shares, and reserved 5% option space. Jin Fanxiu serves as chairman and CEO, and Lu Qi, Tang Binchen and Chen Dong will all join the board of directors.

At this point, Zhou Buqi's trip to South Korea is basically complete.

very smooth.

The next follow-up work was left to Tang Binchen and Chen Dong. Each of them was more confident than the other. Before leaving, the three of them had a simple meeting.

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

Tang Binchen is different now, with a loud tone.

Zhou Buqi said amusedly: "What new discoveries have you made?"

Tang Binchen said: "It's true. Koreans spend all their energy developing games. Even games have a lot of bugs. Just like "Legend", Koreans are just bad people. They can't play without seeing the bugs." It’s very reassuring. In China, cheats are everywhere.”

Zhou Buqi understood this, "There are not many people. There are not many IT talents, and every one of them is used in important positions. Those with skills don't even bother to find bugs and make plug-ins."

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

"Um?"

"Just like Japan, there are a lot of loopholes in websites and software. It's not that they don't know, it's that they don't care. As long as it doesn't crash and can be used, spend the least amount of money to get things done."

"On the one hand."

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

Zhou Buqi asked: "What's wrong?"

Tang Binchen said: "They don't understand Internet design at all. They just think that one thing is easy to use. They are not picky in terms of quality. The main thing is the lack of comparison... Well, it's just like the clothes we wear in China, what Taobao products, For street stall products, as long as the price is cheap and the style is acceptable and you can wear it, that’s fine.”

Zhou Buqi happened to be going back to China to talk to Lei Jun about Fanke's investment. He smiled and said, "The perspective of clothing is quite good. You can talk more about it."

Chen Dongdao: "Clothing has been a popular industry in the past few years. With the economic boom and the increase in national income, people are also more particular about dressing. When I was doing group shopping on campus, Shi Jinglin said that she wanted to do this market, but she didn't start it. ."

"why?"

"Domestic products are not good. There are international brands such as Uniqlo and Zara among fast-moving consumer goods, and the prices are affordable. How can I grab domestic products? In order to find lower prices, I go to Taobao."

"Um."

"In the past few years, some fast-moving consumer goods clothing brands have appeared in China, such as Smith Barney, Boys \u0026 Girls, and Yichun. However, in recent years, Uniqlo, H\u0026M, and ZARA have successively entered the domestic market, and they are no longer good. Comparison can change the market. ."

"Um."

Zhou Buqi nodded.

It turns out that with such a 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 South Korea and Japan. Without the invasion of foreign companies, those national fashion brands can survive very well, even if the styles are ugly and the quality is worrying, as long as they can be worn. Foreign countries After big brands entered the market and there was comparison, the market changed."

After a pause, he continued: "I have communicated with people at Baidu Japan during this period. They have not started doing it. It is due to the different user habits in Japan. I don't think so. User habits are important, but consumption around the world All have a common characteristic, that is, they will use better products. Internet products with beautiful designs, stable products, and complete functions can succeed as long as they do not challenge the national character too much. From YikYak to UC Beauty, there are This is true for UC Assistant and UC Browser. Our products are more down-to-earth than products from Silicon Valley, and have a better experience than local products in Japan."

Zhou Buqi asked: "Where is South Korea?"

"South Korea is better than Japan, but compared with us, it is still far behind. But this is very representative. Looking at the world, the IT level of South Korea and Japan is also top-notch. Even South Korea and Japan are at this level. It can be seen that Southeast Asia , Australia, New Zealand and so on. South Korea’s current game industry is very powerful, in fact, it is because of its good creativity. If the domestic game industry cultivates a few waves of talents, it can surpass them."

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, local small companies will inevitably collapse collectively. We have to rush in to grab the territory."

Zhou Buqi said amusedly: "Do you have any ideas?"

Tang Binchen recommended himself: "I will be responsible for Ziweixing's business development in the Asia-Pacific region."

"What did Lu Qi say?"

"I didn't ask him."

"You go and communicate with him. 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 his name is Paul Koner. He is an American and goes to the UK to take charge...I will go to the UK at the end of the month to meet him."

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