Chapter 2207 Together

The Gulf Stream is covered with bright sunshine, floating on the white cloud blanket, flying all the way east.

Feng Yiping's hand gently patted Amanda's shoulder. The little guy, who had woken up early and was still dozing off a lot, now happily fell asleep again with his father's comfort.

Xiao Zhijie was still feeling emotional about the meeting he participated in last night, "If this plan is implemented, tsk tsk, you will officially enter the U.S. banking industry."

"The one who will benefit more is PayPal. If this plan is officially implemented, it means that it will be the first online bank with offline services in the United States and even the world," Feng Yiping said.

"The key is that it doesn't have to bear offline costs, that is, it will be the bank with the highest profit margin,"

"How many exchange machines does Coin Star currently have?" Wang Changning asked.

"Nearly 25,000 units,"

"How do you charge for PayPal services?"

"It's definitely still 9.8%," Feng Yiping said.

"Oh, then you obviously make more money than PayPal," Xiao Zhijie said immediately, "Let's assume that the business flow related to PayPal on an exchange machine is 10,000 US dollars a day, and the gross profit earned by that machine is, That’s $980,”

"If you calculate it like this, 25,000 units, my God, the gross profit in one day is as high as 24.5 million US dollars!"

"So many?" Wang Changning glanced at Feng Yiping. He felt that this number seemed a little unreliable.

"No, that's not the calculation," Feng Yiping said with a smile, "According to your calculation, the gross profit generated by Coin Star from this business alone is as high as 8 billion US dollars a year. Haha, then its market value is now At least not more than 100 billion US dollars?”

"Oh, it does seem to be a lot. If you calculate it this way, PayPal's business volume is even greater. Just from its cooperation with Coin Star, its monthly turnover is as high as more than 7 billion U.S. dollars, and it is as high as more than 90 billion U.S. dollars a year," Xiao Zhijie also felt that his calculation was wrong.

"The U.S. e-commerce market just exceeded the 100 billion U.S. dollar mark last year. This year, it is estimated to be at the level of 120 to 30 billion U.S. dollars," Feng Yiping said. "If you calculate it this way, PayPal monopolizes the payment market. , these funds were all deposited from the exchange machine of Coin Star,"

"Haha, this," Xiao Zhijie scratched his head, "On average, it can't cost more than 10,000 US dollars per unit, so let's give a discount..."

Feng Yiping waved his hand, "It is difficult to earn an average of 1,000 yuan a day in related business."

"Think about it, the average annual e-commerce consumption in the United States is less than US$400 now. They will not top up their PayPal accounts too much. Besides, how many Americans will top up their PayPal accounts with cash?"

"That's what they might choose to do when exchanging coins,"

"Besides, there is a very important point," Feng Yiping said. "Although the relevant approvals will not be a big problem,"

At least there isn't much of a problem on Coin Star's side.

"But one thing I can be sure of is that there will be a limit for recharging your PayPal account through Coin Star every month. If this limit is $500, that's already very good."

"Correspondingly, there will also be a limit for transferring money through a PayPal account at the exchange machine,"

"Yes, otherwise those banks would be in trouble,"

Xiao Zhijie and Wang Changning understand this very well.

At the bank's ATM machine, whether it is cash withdrawal or transfer, there is a limit.

"However, when the e-commerce market in the United States develops to a scale of 400 to 500 billion U.S. dollars, and the daily PayPal-related business of each machine reaches 500 U.S. dollars, there will be no problem,"

"Even if you have only 25,000 Coin Star exchange machines, your Coin Star will easily earn millions of dollars through this business every day,"

Xiao Zhijie calculated it again.

"Haha," Feng Yiping smiled. That is not impossible, but in which year did the U.S. e-commerce market reach 400 billion US dollars?

I don’t know if this goal will be achieved in ten years.

"So, this Whitman," Wang Changning shook his head, "Huh, you deserve to be called the Queen of Silicon Valley,"

"In the United States, there are many outstanding professional managers, but most of them only focus on processes, are always worried about the upcoming quarterly financial report, and are extremely afraid of the company's shareholders," Feng Yiping said.

"So, a large number of professional managers only know how to cut costs,"

"Professional managers like Whitman who can convince directors to focus on long-term interests while fully tapping the potential of the company, making full use of existing assets and innovating, are indeed rare,"

"Yes," Xiao Zhijie was very excited, "Just rush last night, we are right,"

There are some things that are very different from what you hear and what you experience personally.

Having witnessed Whitman's methods with their own eyes last night, they were both shocked and inspired.

This is the best kind of learning.

"I'm looking forward to what we can gain from this execution in Chicago," Wang Changning said.

"But Yiping, since so many companies, including Google, are so interested in NAVTEQ, it means that this company has great development potential. Why don't you want to acquire it? As one of the major shareholders, you have the right of first choice. ah,"

"In the future, electronic maps will indeed become more and more important, but, how should I put it, this industry is relatively sensitive," Feng Yiping said. "As for NAVTEQ, it has a lot of business dealings with the U.S. Department of Defense."

"Oh, that's a problem,"

In view of Feng Yiping's identity, this aspect is indeed quite sensitive.

In fact, it was not mainly because of this, but mainly because, before the financial crisis, Feng Yiping did not want to waste his own capital reserves on such a project.

“I don’t know which companies want NAVTEQ most now,” Xiao Zhijie said.

“Apart from Google, I don’t know which other companies are really interested,” Feng Yiping said.

In fact, he knows that even Google is probably not willing to spend too much money to acquire NAVTEQ.

Because after being reminded by Feng Yiping, Page and Brin will also hold on to the cash in their hands.

Amanda's head moved, and the three of them quickly fell silent.

…………

Huang Jingping has been introducing Chicago to her sister with great interest, mainly the places in Chicago that are worth visiting for the two sisters. "Michigan Avenue and King's Avenue must be visited,"

"I've always wanted to go shopping in Lincoln Park. You can find a lot of fashionable and avant-garde gifts there..."

Huang Qinping didn't seem to be too interested in this. She looked forward from time to time.

She had chosen this seat specially. Usually she could only see Feng Yiping's hands and hair, but not his face, which made her feel relaxed.

Seeing her niece being so attached to him, she couldn't help but ask, "Sister, why does it seem like Amanda prefers dad's appearance?"

"Haha, he has that ability, Amanda and..., oh," she came to a sudden stop.

Almost!

"What's wrong?"

"Look, the promotion of Macy's flagship store is really strong," Huang Jingping said, pointing to the newspaper in front of her.

"Oh," Huang Qinping didn't think much about it, "Why does Amanda like her father so much?"

"It's not easy. He always spoils her," Huang Jingping said. "Amanda likes to play with plasticine. He specially set aside a garage to play with her."

"When Amanda liked to put on makeup, he asked Amanda to tie his hair into little pigtails, and also asked Amanda to apply lipstick and eye shadow on him... Tsk, you have never seen that effect. You can really act as a door god to ward off evil spirits,"

"But he's still happy to,"

"Haha," Huang Qinping couldn't help laughing even though she still had a lot of resentment towards Feng Yiping.

He is so doting on Amanda. Perhaps this is why his sister feels happy and why she is so devoted.

But, how nice would it be if he could be more specialized?

Alas, maybe, nothing in this world is perfect.

…………

Also today, Senator O'Hei Jr. flew back to Chicago from Peanutton for vacation in a low-key manner.

This is a very common journey. Many of O'Hei's fellow senators fly back to their hometown from Peanutton every weekend to reunite with their families.

While Feng Yiping and the others were still on the plane, he was already hugging his two daughters at O'Hare International Airport.

Michelle was chatting with Buchanan, who arrived on the same plane, "Are the arrangements made?"

"It was arranged that Von would make time in the evening," Buchanan said.

Two hours later, Feng Yiping and his party arrived in Chicago.

ps: It’s late again, I’m so sorry!