Tao Liangchen
Chapter 411 E-commerce
It should have been done in half an hour, but a bunch of people were busy flattering and expressing their determination, which led to more than an hour before it ended.
After the meeting.
Su Yehao went to Nong Qingying's office for a while.
He casually used his computer to check the current situation of the Japanese online game industry, and also tried to find reliable local internet companies online.
The game industry is mainly Nintendo and Sony, and he didn't encounter any interesting projects.
As for Internet companies, the one with the highest market value nowadays is called "Yahoo Japan". This company is a joint venture between Yahoo and SoftBank. Yahoo owns 34% of its shares, and Masayoshi Son owns 51%.
As the founder of SoftBank, Masayoshi Son invested in Yahoo much earlier than Su Yehao, ranking as the second largest shareholder.
At its peak, SoftBank held 33% of the shares in Yahoo's parent company. Later, it cashed out 5% and made a profit of 450 million US dollars. Now the remaining shares are becoming more and more valuable. Compared with him, Su Yehao is just a small investor.
A few days ago.
SoftBank Group also tried to extend an olive branch to tvt, trying to raise 50 million US dollars based on a valuation of 200 million US dollars.
Su Yehao would definitely not agree to such conditions, and besides, he didn't lack the 50 million US dollars.
Instant messaging software has always been underestimated by investment institutions because they can't find a profitable model to monetize users. If the company doesn't make money, it naturally won't attract attention.
As Su Yehao tried to reverse the situation, more and more people are paying attention to tvt and iCQ, and the upward adjustment of the valuation by the assessment agency is enough to illustrate this point.
Someday in the future, Su Yehao may be forced by powerful capital to hand over a portion of the profits to buy peace.
With the greed of capital, this can be foreseen in advance.
He never thought he could always eat alone, but in the short term, there is no need to release shares yet.
Compared with those dazzling Silicon Valley giants, his company is still in its early stages and faces huge losses. When the pressure starts to mount, the Nasdaq bubble is likely to burst, and funds will only retreat frantically.
According to this analysis, the next few years should be a golden period of low-key development, and there is no need to worry about safety for the time being.
Besides Yahoo Japan.
Another Japanese Internet company that Su Yehao has taken a fancy to is called "rAkuten."
It is similar to Amazon.
From the English materials found, it can be seen that last year, the operator of Japan's largest electronic shopping street, Rakuten Market, invested in the establishment of the rAkuten (Rakuten) online shopping website.
In just one year, the company's valuation has risen to about 20 million US dollars, and it has been called "the new hope of Japanese Internet e-commerce" by the media.
After finding the website and looking at it, Su Yehao found that there was a lot of Chinese, and he could barely understand some of the content.
Nong Qingying made tea and brought it to him. She accidentally glanced at the picture on the screen and suddenly looked strange, despising him and saying, "Your taste is really strange. Do you like these old lady style underwear?"
"..."
Su Yehao's attention was focused on the user experience of this e-commerce website. He didn't pay attention to the product content at all, mainly looking at sales and prices.
Seeing that Nong Qingying had misunderstood, he explained with a wry smile:
"How is that possible? The picture just happened to load. Don't you know what style I like? Silicon Valley has already started piloting broadband networks, and the network speed is much faster than in Tokyo. I feel that this company is worth investing in. At least the direction of entrepreneurship is well chosen, and I am also paying attention to the e-commerce field."
She was just teasing him. Of course, Nong Qingying knew that Su Yehao liked sexy styles.
Learning that she could invest to make money, she immediately shifted her attention and asked with interest:
"Then while you're here, why don't you make an appointment with them to talk? I saw in the newspaper that this round of Internet companies has risen sharply because of the upgrading of communication technology. The Internet speed will be very fast in the future, and the number of Internet users will also increase. Investing in high-tech companies now will definitely bring good profits."
"Oh, you also pay attention to this kind of news? Your house is full of fashion magazines. I thought you weren't interested."
"...Nonsense, I invested so much money in Yahoo."
After hearing this, Su Yehao smiled happily, and then said to her: "The boss of this company seems to be quite rich, and may not be willing to accept financing, and the website is too small, with only more than 2,000 products in total."
"So, can you invest or not?"
"There's no need to rush for the time being. When you have some spare money, you can give it a try. Actually, the most promising is Amazon, but its market value is already frighteningly high. Wait patiently for a while, and there will still be a chance to get on board."
Su Yehao continued to read the content displayed on the computer screen and casually closed the webpage.
The reason why he didn't pay much attention to it was not because doing e-commerce like rAkuten didn't make money, but because he was afraid of trouble.
Supporting a start-up company is not only time-consuming and labor-intensive, but there are probably a lot of troubles.
On the one hand, its founder seems to be quite rich, which means that financing requires a high premium.
On the other hand.
Given rAkuten's current scale, Su Yehao can completely bypass it and create a wholly-owned subsidiary based on the Amazon or Jingdong model, and use tvt and iCQ to attract traffic and open up the Asian market.
Playing with rAkuten would be a loss for Su Yehao.
The strength of the two sides is not equal, and he knows the value of traffic better than anyone else, so of course he doesn't want the good stuff to go to other people's fields.
After a brief consideration.
Su Yehao came up with an idea and told Nong Qingying:
"Forget it, I'll find some people to build a similar platform. In the early stage, we'll focus on the female consumer market, and then slowly expand it. Users place orders online and have them delivered directly to their homes by mail, selling skin care products, cosmetics, handbags, shoes, etc., which will help SK2's performance."
Nong Qingying had never bought anything online before, and asked him suspiciously, "You can't try it out, it sounds a bit troublesome. Will it work then?"
"The price will be a little cheaper. Users may try it out in physical stores first, and then choose to place orders online. As long as we control the procurement process well, even if the selling price is cheaper, we can still make money by reducing the expenses of stores and labor costs."
After listening to Su Yehao's words, Nong Qingying calmly said, "If you think it's okay, then go ahead and do it. Anyway, I don't understand it very well..."
Obviously, this is another tricky entrepreneurial project that may not make money for ten years, but considering the need to monetize chat software users, it is worth spending some money to try.
If it is successful, similar models can be promoted to South Korea, Taiwan, and the mainland, covering the entire East Asian and Southeast Asian markets.
Holding the traffic in his hands, even if Su Yehao doesn't want to be too involved, he can't help but worry.
The opportunity is right in front of him, so he can't pretend he doesn't see it.
Thinking of finding some Japanese employees from Silicon Valley and assigning the task of forming a new company to Koko Ventures, he first accompanied Nong Qingying to eat teppanyaki...