Chapter Five Hundred and Sixty Seventh: Investing in Wps

"Mr. Chen."

"President, I have heard the name for a long time."

Chen Yu and Qiu Bojun met at Qiu Bojun's office.

After a few words of courtesy, both of them looked at each other.

For Qiu Bojun, in just a few years, Chen Yu surpassed everything he had done in the past ten years.

More importantly, the gap between Jinshan and Huanyu Technology is getting wider and wider.

Even, there is almost no comparison.

Similarly, for Chen Yu, Chen Yu was also recalling Qiu Bojun's IT career in his mind.

It should be said that Qiu Bojun is the first batch of IT professionals in China.

In the IT world, he was in the industry much earlier than many people.

His products, Kingsoft Duba, Kingsoft PowerWord, Kingsoft Typing, and WPS were once all the rage.

It's a pity that Jinshan's glory came too early, and it didn't reflect his value too much at all.

After the rise of the domestic Internet industry, Jinshan has declined.

In the previous life, Qiu Bojun chose to retire and left the IT world after Penguin acquired Jinshan.

So far, there is not much news about Qiu Bojun.

"It should be because I have heard about your name, President Chen, for a long time."

With so many thoughts in their minds, Qiu Bojun said, "Mr. Chen, can you help me answer a few questions?"

"certainly."

Chen Yu looked at Qiu Bojun in confusion.

I don't know why he asked that.

However, considering the current situation in Jinshan, Chen Yu understood.

"President, what do you say?"

"Do you think there is still a chance for Jinshan Drugbath in the future?"

First,

What Qiu Bojun asked directly was Jinshan drug tyrant.

In the area of ​​antivirus software, Kingsoft Internet Security is one of Kingsoft's core businesses.

But unfortunately, this business was forced by this person in front of the market to plummet.

Although there is still a certain market share, Qiu Bojun vaguely feels that in the future, Jinshan Drugbath will be forced by their 360 to have no way out.

"No."

Almost without thinking about it, Chen Yu answered this question as soon as it came out.

After 360 comes out, there will be only one domestic antivirus software market in the future, and there will be no more Kingsoft, no more Jiangmin, and no more Rising.

"Of course, there are still some opportunities for this piece of gold at the enterprise level."

Chen Yu told the truth.

Qiu Bojun's heart sank, and he didn't argue with Chen Yu, he continued to ask, "What do you think of Xishanju?"

"Xishanju is an excellent game production company, but not necessarily an excellent game operation company."

Chen Yu also told the truth.

"Mr. Chen is outspoken?"

"Since Mr. Qiu asked, if I don't tell the truth, it's my fault."

"Thank you."

Qiu Bojun was not angry.

It is not a bad thing for Jinshan that Chen Yu can directly point out their shortcomings.

"What do you think of the excellent network we invested in?"

Joyo.com is a b2c e-commerce website.

From the perspective of the development of e-commerce, whether it is b2c or c2c, he did not make much money in the early stage.

Not to mention, the money-burning competition mode provoked by Huanyu Mall in this world, Joyo.com can't stand it.

The founders of Joyo.com, Chen Nian and Lei Jun, including the investor Kingsoft Corporation, are interested in taking action.

And there is currently a very good target.

Amazon from the US.

However, Qiu Bojun is very optimistic about the domestic e-commerce market.

If you sell Joyo now, you may lose future access to the e-commerce market.

But if you don't sell it, Joyo.com, which has burned out its money, is also not the opponent of Huanyu Mall.

This made Qiu Bojun look hesitant.

"Excellent.com can't compete with Ali, nor can it compete with Huanyu Mall. It's better to sell to Amazon."

"Mr. Chen received the news?"

"How can you not know such a big news."

"How much do you think Joyo is worth?"

"Amazon might bid around $70 million, but you guys can hold on to $100 million."

In the previous life, Amazon’s purchase price for Joyo.com was $75 million.

In this world, Amazon's offer to Joyo is about the same.

"Of course, if Amazon thinks it's too high, I can help you raise the price."

Chen Yu likes to do good things like this.

"Thank you."

Ask Bo Jun to thank you again.

In the industry, Chen Yu has a nickname called the Prince of Raising Prices.

They participated in 3721 before, and they sold tens of millions of dollars more at once.

Later, Blizzard's World of Warcraft Chen Yu went to raise the price again, making a fortune for NetEase.

Now Chen Yu wants to act as the prince of bidding.

Of course, some people may say that since they know that Chen Yu is here to raise the price, just ignore him.

But in fact, if you do, the loss is even greater.

If you don't buy it, Huanyu Technology is really likely to make an offer.

Whether it is 3721, or Blizzard's World of Warcraft, including the current excellent network.

Huanyu Technology has reasons for acquisition, and if they acquire it, it will be a huge threat to others.

Therefore, even if you know that Chen Yu is raising the price, you have to get into this pit.

This is why Qiu Bojun thanked Chen Yu again.

Although Chen Yu helping them raise prices is not necessarily helping Jinshan, but cracking down on Amazon is also beneficial to Huanyu Technology.

"still have a question……"

After asking several questions in a row, Qiu Bojun felt somewhat at ease.

But the more confident he is, the colder Qiu Bojun feels.

The golden mountain of promise, it seems that the building is about to collapse.

This business is going to die, that business is going to be sold, even if it is a barely passable online game business, at most it is to make some spare money. In addition to these, Kingsoft also has a core business.

This business is the office software business - wps.

Once wps created brilliant results.

Even when Microsoft's office was in the domestic market, it was defeated by wps.

But later, as office got better and better, wps almost disappeared.

Now it is embarrassing to say that WPS is the core business of Kingsoft.

You know, wps can't make any money for Jinshan anymore, not only can't make money, but also lose money.

That is to say, there is no money, and there is no market yet. WPS can be said to be the worst business of Kingsoft Corporation...no one.

"What do you want to ask about is wps?"

"It seems that President Chen has already guessed it."

"It's not a guess, in fact, this time I'm here for wps."

Chen Yu stated the reason why he came to see Qiu Bojun.

"Coming for wps?"

Qiu Bojun was a little puzzled: "Mr. Chen is also interested in office software?"

"Yes."

Chen Yu nodded: "I hope to take a stake in your company's WPS."

"Invest in shares?"

Qiu Bojun was a little surprised: "Mr. Chen should know the market share of our wps."

"I know, the market share is less than 1%."

"Then President Chen is still considering buying shares?"

"I just want to say that this is temporary. In fact, I think WPS is doing a good job. As long as you change the gameplay, change the packaging, and change the way of publicity, he will be popular."

This is Chen Yu's sincere words.

In Chen Yu's heart, he always thought.

In fact, Kingsoft's core business is not drug tyrants, Xishanju, or e-commerce, but wps.

Because only wps can compete with Microsoft's office.

And, the previous life wps successfully did this.

In 2019, wps accounted for 45% of the domestic market, which is a miracle.

If Chen Yu came to operate, he would definitely have a market share of more than 50%.