Reborn multinational giant

When talking about WeChat, Fang Zhe could already see a trace of exhaustion and fatigue on Jobs's face, but Jobs was still holding on, concealing this fatigue in front of Fang Zhe.

It’s rare that he can meet a very speculative person like Fang Zhe. Even if the secretary arranged for him to meet Fang Zhe for only one hour, he still pushed back the work plan and itinerary and planned to follow Fang Zhe talked until he had fun!

As the helm of a world-class company like Apple, Jobs' vision and mind are naturally unparalleled. As early as Cook told him that Huizhong was interested in seeking financing from Apple, he had figured out the reason for it!

As one of Huizhong’s important partners, Apple can also roughly judge Huizhong’s profitability and development from the revenue of various mobile games operated by Huizhong on the appstore.

To put it simply, this Chinese company, which is gradually moving from China to the world, is not bad for money. Each quarter, Apple's remittance to Huizhong's appstore mobile game revenue is as high as three or four billion US dollars!Not to mention, Huizhong's global web game business and steam China business.

The two most profitable businesses in the Internet industry, one is advertising and the other is games. Huizhong’s ability to make money in the game business is probably not matched by a few companies in the world.

However, now, Huizhong is not only making huge profits in the game business. It is getting bigger and bigger. The mobile Internet business that Huizhong has been investing and deploying has also gradually begun to profit and grow rapidly from the early nurturing stage.

For example, Huizhong's very famous 91 Assistant in the world, because of the crudeness and various aspects of the original Google App Store, it gives 91 Assistant a considerable living space and growth opportunities.

Features that Google’s native Android Market does not have, including mobile phone skin changing, setting ringtones, downloading applications without data traffic, and cloud storage of application data, have become one of the many reasons why users download and install 91 assistants. In addition, Huizhong also spends I have spent a lot of money to cooperate with major mobile phone manufacturers around the world, and 91 assistants are pre-installed when the phone leaves the factory!

As a result, 91 Assistant currently has a global market share on Android phones, second only to the original Android Market, and is also the world’s largest third-party Android app store, even in China where Google and Androidmarket are banned. Monopolizes more than 90% of the Android mobile phone market share in the application store.

Nowadays, the number of smartphone users who have installed 91 Assistant globally has exceeded 120 million. Such a large number of users also makes 91 Assistant the third largest application distribution channel in the world after Apple appstore and AndroidMarket, whether it is to help others The company's application promotion and distribution, or from the application stream on the shelf 91 assistant, is a considerable income.

Appstore and AndroidMarket’s ratio is 30%, while 91 Assistant only needs 20% or even 10%. For different applications, 91 Assistant adopts different strategies. In principle, it supports small and medium-sized application or mobile game developers, only revenue. The application of the head and mobile games are the main targets of the 91 assistants.

Even so, these app developers and mobile game developers who make a lot of money on the 91 assistants are still on the pole to cooperate with the 91 assistants. Compared with appstore and AndroidMarket, the 91 assistants’ commission is already considered small. .

In addition, 91 assistants support and promote each application or mobile game very strongly, and the promotion is also very accurate. It conducts intelligent recommendations through big data research on users’ personal preferences, etc. In addition to fixed lists such as rankings, every user sees The 91 assistant recommendation applications are different. This recommendation mechanism is a bit similar to the way that today’s headlines recommend news in the past life.

Since 91 assistants have been promoted globally for nearly two years, they have turned losses into profits as early as the end of last year, achieved profitability, and contributed nearly US$30 million in surplus profits to Huizhong every month.

In fact, if it weren't for the current rapid development and expansion period of 91 Assistant, most of the revenue is used to pay mobile phone manufacturers to pre-install and support applications on the platform, 91 Assistant's profit far exceeds this figure.

If we wait for the number of users of 91 Assistant to increase tenfold to more than one billion in the future, and the development enters a mature stage, the cost is greatly reduced, then the revenue capability of 91 Assistant will be unimaginable.

You know, in 2013, the previous Baidu spent 1.9 billion US dollars to buy 91 Assistant. At that time, the user coverage of 91 Assistant was only in China. Even so, the annual income of 91 Assistant at the time was also More than 300 million dollars!

Apple's appstore and 91 Assistant belong to the same application distribution channel. In theory, the two are in a competitive relationship. Therefore, Jobs also knows something about the development of 91 Assistant.

But in fact, neither Apple nor Jobs thinks that their appstore and 91 Assistant are competing, because there is one biggest difference between the two application distribution channels, that is, the main business belongs to different mobile operating systems. Dot is like a natural wall that separates the two possible rivalry competition.

Although 91 Assistant also provides application management services for ios devices such as iPhone and iPad, it has little impact on the appstore. On the contrary, 91 Assistant has a strong competitive relationship with Google’s Androidmarket, the first application distribution channel of the Android camp. Apple Apple executives such as Jobs Cook and others are very happy to see that 91 Assistant can compete with their very hostile Google!

Because of this, Jobs, who has seen that Huizhong needs to take advantage of the situation and needs to find an umbrella around the world, is very happy to meet Fang Zhe!

"Mr. Jobs, three years ago, you led Apple to release the iPhone, redefining smart phones for the world. Today, smart phones and mobile Internet have begun to spread and flourish all over the world.

I know that Apple under your leadership specializes in making better smart phones and consumer electronic devices, and is not involved in mobile Internet business deeply, but I believe that you can see the great potential of our WeChat and mobile Internet in Huizhong!"

With the deepening of the chat, Fang Zhe could already feel that Jobs had actually agreed to let Apple invest in Huizhong. He chatted with himself, probably because he wanted to know more about his future development plan for Huizhong and Apple's investment in Huizhong. After the stakes.

More than an hour later, when Jobs said: "I will let Cook follow up on this personally!"

Fang Zhe understands that Apple's investment is complete!

On the morning of November 15th, Fang Zhe and others returned to Yenching for another month. After completing due diligence with several top global capitals and companies that had negotiated investment agreements with Huizhong, they talked to Huizhong at the Yanjing International Conference Center The public has signed a formal investment agreement!