Chapter 1824: Hit It Off
If we exclude the point that annoyed Huang Jingping and others at this time, Feng Yiping can really be said to be a modest gentleman.
But then again, the original meaning of the word modest gentleman should include that this is a handsome man with many confidantes. After all, the word "gentleman" was only used in ancient times.
But in any case, Feng Yiping can be regarded as a kind person.
This kind of foundation comes from his calmness.
In 1992, with more than ten years of memory, after waking up on the mountain behind Fengjia Chong Village, facing this rapidly developing and rapidly changing society and world, he already has the capital to be calm.
He knows how many opportunities there are in the future and how many opportunities he can seize. Therefore, he will not be like other business leaders. For an opportunity, let alone calmness, even demeanor has to be thrown to the sky.
Therefore, he really has that capital. Whether in life or in business, he is very kind to people.
However, he had to analyze the reasons for others' kindness to him. If there was no strong reason, Feng Yiping would not accept such kindness as Masayoshi Son said he would quit Alibaba.
But after Son made his request, Feng Yiping felt at ease.
He hoped to cooperate with Feng Yiping after Facebook and YouTube entered RB. This was indeed very reasonable.
In other words, Son had tasted enough sweetness from the operation of Yahoo RB, so he planned to continue to copy this model.
In the original time and space, the two most core or the best assets of Yahoo, the Internet giant, were in Asia. One was naturally their investment in Alibaba, and the other was Yahoo RB.
We all know the gains of Yahoo's investment in Alibaba, but not many people know about the achievements of Yahoo RB.
Yahoo China finally disappeared, but Yahoo RB has been ranked first in the search engine and portal website market of RB since 2000.
We can still use a data to illustrate this. At the end of last year, Yahoo's global market value was 33 billion US dollars, while Yahoo RB, a company that mainly provides services within the scope of RB, had a market value of 50 billion US dollars!
The major shareholder of Yahoo RB is SoftBank, and Masayoshi Son has always been its major shareholder.
"No problem," Feng Yiping stretched out his hand, "I look forward to the success of our future cooperation,"
Masayoshi Son couldn't help but be happy when he heard this. He grabbed Feng Yiping's hand, "Definitely,"
It seems that both of them got what they wanted.
Yes, Masayoshi Son can see the potential of Facebook and YouTube, but he can't see it. The rapid development of these two projects around the world can also help him see it.
With the successful concept of operating Yahoo, he is very confident that he can operate Facebook and YouTube well in RB.
He also thought that the successful operation of these two projects will definitely produce good synergy with Yahoo RB.
The only worry at present is that with the personality and style of this young Mr. Feng, he is afraid that he can't become a controlling shareholder in the RB companies of these two projects.
After all, Feng Yiping is not the Chieftain Yang in 1996, when Yahoo was just established for two years.
Feng Yiping now has money, people and influence. He will never agree to use his company's core technology to make a lot of money in a special market.
He would rather let his people promote these two projects slowly in RB than to set up a joint venture with himself as the controlling shareholder and promote these two projects quickly.
In the future joint venture, Feng Yiping will definitely insist that he is the controlling shareholder, and will be the absolute controlling shareholder, that is, he will hold at least 51% of the company's shares.
But even if this is likely to be the result in the future, Masayoshi Son is satisfied.
From last year to now, the good performance of Facebook and YouTube around the world has made Masayoshi Son very confident that he can obtain extremely high returns by operating these two projects in RB in the future.
Conversely, from Feng Yiping's perspective, he is also quite satisfied.
For foreign capital, RB is indeed a very closed market.
I believe that many people will have a doubt later. Whether in the era of mobile Internet or in the era of Internet plus, why did RB, a country that has always made great achievements in cutting-edge fields and has strong strength in electronics, not make any noise this time?
This situation is really similar to India's performance in the Olympics.
Logically speaking, it should be among the best, but it didn't.
It's still the same problem, the closed market of RB.
This closedness can be explained by the feature phones that are still in their heyday.
It can be said that from the current point of view, RB's feature phones are more developed and better than any other country in the world. They have super large screens, flip mobile TVs, and extremely rich Internet services provided by operators...
For a long time, RB people have been favoring mobile phones from domestic brands such as Sharp, Kyocera, NEC, Fujitsu, Sanyo, Sony, and Panasonic. These RB local brands have indeed developed many mobile phones that fully cater to the special needs of RB citizens, such as Their extreme obsession with flip phones.
But in fact, the design of these mobile phones, including mobile phone hardware specifications, software specifications and application mall specifications, are all stipulated by RB's largest telecom operator, NTT, which Son is preparing to deal with.
Why is this so?
RB's mobile phone industry is like this. Most of the phones it sells are contract phones.
For example, NTT spends hundreds of billions of yen every year on mobile phone research, formulates the aforementioned specifications, and then distributes these specifications to mobile phone manufacturers and software developers to follow suit.
After production, the mobile phone was bought by NTT, branded with its own brand, and sold through its own channels.
As a telecom operator, NTT has developed i-MODE (meaning my mode), such an advanced mobile Internet technology. What is this technology like? A report from Morgan Stanley explains this.
“Since the birth of i-MODE, countless American experts have been running around RB. When they were surprised to see the functions and speeds that NTT’s wireless equipment can provide, they shyly put their relatively worn-out mobile phones back into their pockets. ,"
This fully illustrates the technical success of NTT, currently RB's largest operator.
At the same time, NTT is actually very visionary. At the end of last year, he successfully entered the mobile payment industry and launched a mobile wallet.
You know, the denominations of RB's cash are very large, which leads to a problem of getting change. Although some banks and companies have launched some products similar to our domestic card, after all, you still need to bring an extra card. Naturally, it is not more convenient to integrate the card into the mobile phone.
Not only has NTT established cooperative relationships with major card issuers such as railway companies, 7-11, and FamilyMart, it has also spent 10 billion yen to provide free card reader installation services to department stores, entertainment venues, and other merchants with payment needs. ——Is this routine familiar?
It should be said that it does provide a lot of convenience for its users.
In terms of hardware, it is also very thoughtful.
They are very strict about product details. How strict are they? To the extent that many domestic mobile phone design companies are unwilling to place orders from them.
It should be said that companies in our country are not afraid of trouble when doing business, as long as they can make money.
It can make our domestic companies unwilling to do its business. We can completely imagine how demanding NTT is. Their requirements for details are not a problem of obsessive-compulsive disorder, but at least a problem of late-stage obsessive-compulsive cancer.
Moreover, they insist on using expensive materials.
Therefore, the phones they sell are truly top-notch, both in terms of software and hardware.
Coupled with the influence of the craftsman culture, it has polished i-mode to the extreme and become an all-inclusive one-stop aircraft carrier integrating catering and entertainment, stock weather and shopping and booking.
NTT relies on its own i-MODE technology to create a perfect closed loop.
That is, no one else has anything to do with it at all.
As far as mobile phone sales are concerned, Nokia and Motorola, which are currently popular in our country and around the world, are just minor players in RB.
Nokia has simply shut down its branch in RB, can you imagine?
That's not one of those African countries where they don't even have enough to eat and basically rely on shouting for communications. From an economic point of view, it's the second-ranked country in the world. Nokia was so discouraged that it closed its branch there, and RB's This shows how closed the mobile phone market is.
But in all walks of life in RB, such closure is actually a common phenomenon.
The information fed back by Feng Yiping's staff who are currently promoting RB also confirms this point. From this perspective, if there is a good partner, it is indeed a good choice.
Masayoshi Son is very good.
ps: Happy Mother's Day everyone! There is another update in the evening.