Top of the big era

After three days together in the magical city, everyone went their separate ways.

Zhou Buqi also planned to leave.

Go to Korea first.

On the private plane, Zhou Buqi brought two Koreans, Kim Fanxiu and Kim Jonghyuk.

The two of them each take care of their own business.

Jin Beomxiu's company is Kakao, and it is currently working on a social chat product called Kakaotalk. Kim Jong Hyuk started an e-commerce business called JTmall with the support of Chen Dong.

South Korea's Internet market is very mature. At this time, the penetration rate of wireless broadband even exceeds 100%. In other words, a person may have multiple mobile devices.

This is due to South Korea's strong Internet infrastructure coverage. Whether it is cafes, parks, subways, or airports, there will be free WiFi almost everywhere you go.

And the Internet speed is exaggeratedly fast. It is not the first in the world, but also the top three in the world.

Downloading a high-definition movie only takes 20 or 30 seconds.

Because of its strong infrastructure, South Korea's mobile industry has developed very rapidly, and South Korea has become the country with the fastest promotion rate of smartphones.

Because smartphones are popularized very quickly, the result is that Kakaotalk is also popularized very quickly, making it an instant hit!

Helo has about 38 million to 40 million users overseas; WeChat has about 1.6 million users in China; Kakaotalk has 12 million users in South Korea!

You know, the total population of South Korea is only 50 million.

Because Kakaotalk has become a phenomenal product, this emerging Internet company Kakao has naturally been targeted by many investment institutions and giant companies.

Including Samsung!

Jin Fanxiu worked for Samsung for a period of time, and Samsung offered him an olive branch, which made him very embarrassed.

Because what he said doesn't count.

He is not an entrepreneur in the absolute sense.

The major shareholder of Kakao is Ziweixing International, which holds 60% of the shares. As for Ziweixing's industrial development in South Korea, its main partner is Hyundai, another giant chaebol.

Samsung and Hyundai have an absolute competitive relationship with different political factions.

It is impossible to ride two boats with one foot.

Zhou Buqi came to South Korea this time mainly to deal with this matter.

Jin Fanxiu was worried.

As a Korean, he was caught between Samsung and Hyundai and felt a mountain of pressure.

Zhou Buqi is very relaxed. As a world-class entrepreneur like him, whether it is the Li family of Samsung or the modern Zheng family, he must be regarded as a guest of honor.

Before leaving, he had basically thought of a solution.

The best option is to bring in capital from both Samsung and Hyundai.

If the two families are incompatible with each other and would rather not make money than join in the mischief, then there is nothing you can do. When Zhou Buqi chooses a side, he will definitely choose the existing partner "Modern Department".

Seeing that Jin Fanxiu seemed a little nervous, Zhou Buqi asked with a smile: "Kakaotalk is developing very well. Now we can boldly draw a conclusion. This business venture is very successful!"

Jin Fanxiu is very self-aware, "It is all the middleware provided by Ziweixing, and it also provides the technology and services of the middle office. My team and I do not produce products, we are just sellers."

Zhou Buqi said: "In the market, sales ability is the strongest ability. Being able to promote products is enough to show the excellence of your entrepreneurial team. Many Internet companies have invested a lot of money in scientific research. There is no need at all. . There are more and more open source projects now, and product marketing capabilities are the most important capabilities."

This is not an opinion, this is a requirement.

How much does it cost to do research and development?

Zhou Buqi went to expand the Korean market not to train IT scientists for South Korea, nor to reserve IT technology for them, but to make money.

Since it's money making, don't make it too complicated and don't think too much.

Don’t do complex and technically difficult projects.

Ziweixing has a China-Taiwan business department and an international department for overseas markets. If South Korea needs it, it can just connect with the country directly.

To put it bluntly, the domestic side is responsible for the production, and then takes it to South Korea to change the skin, slightly package it, and "sell" it under the name of South Korea.

Jin Beomxiu is not a technical master. If he is asked to lead the development of some technical projects with extremely high thresholds, he does not have the ability. The whole of South Korea does not have this level, so he can just be a transfer station.

Jin Fanxiu said: "Yes, with Ziweixing behind us, we have everything we want."

Zhou Buqi nodded, "Kakaotalk is developing quickly. What's the next step? What are your plans?"

Jin Beomxiu said: "South Korea has a small population. If Kakao wants to become a large Internet company, it must target a larger market. Kakaotalk is a very powerful product and users like it very much. Next, we plan to go to overseas markets..."

"Um?"

Zhou Buqi raised his eyebrows and his face darkened.

Jin Fanxiu quickly explained, "I know that Helo is in the global market, but the market is too big, and many similar products have appeared now. I found that Helo is mainly targeting developed countries in Europe and the United States. The Japanese version of Helo and the European and American version Helo also has different designs and features. I think Kakaotalk can go out in time and strive for..."

"This is not a good idea!"

Zhou Buqi understood what he meant, but refused without politeness.

What he said actually makes sense.

The global market is too big. Ziweixing International currently has limited energy to promote Helo. It is currently focusing on the European and American markets and has done little in other places such as Australia, Southeast Asia, South America and other places.

There are at least dozens of similar chat products in the market now.

If Helo didn't go into these markets, it would definitely be taken away by other products, which would be such a waste.

Rather than leaving it alone, we might as well let him take action and promote Kakaotalk.

Such thoughts were strictly prohibited by Zhou Buqi.

no!

Kakao is a Korean company. It was a local Korean company established by Zhou Buqi through a backdoor scheme and with the help of Jin Beomxiu and his Korean identity.

The products produced by a Korean company can better cater to the national psychology of Koreans.

This is a special case of Ziweixing’s global promotion.

There are probably only two exceptions in the world.

One is South Korea. Their national psychology is too strong. They don’t like foreign products and only like domestic products. There is another special case in China, where there is an Internet wall for isolation.

Therefore, "Ziweixing" will be divided into three parts. One is Ziweixing International, which deals with the broadest overseas market; one Ziweixing deals with the domestic market; and the other is Kakao, which deals with the Korean market.

The purpose of Kakao's existence is to target the Korean market.

He ran away from South Korea, is he still needed?

Just honestly occupy all the Internet territory in South Korea!

Zhou Buqi rejected his proposal, smiled slightly, relaxed the atmosphere, and said with a smile: "The overseas market is too difficult, there is no need to take risks. Kakaotalk has already succeeded. This is a successful template. Why not go further?" Copy it?"

"Further copying?"

"Ziweixing has many excellent Internet products, many of which have transnational attributes and can be transferred to the Korean market. This is the most correct future choice for Kakao."