My 1999

Chapter 98 Avatar and QQ Show

Bedroom on the second floor of the duplex Royal City Apartment in Cheongdam-dong.

The big bed vibrated rhythmically.

I don't know how long it took before I calmed down.

Xu Liang took a breath of satisfaction and looked at Sun Mingzhen, who was covered in sweat and her face was already pale, and couldn't help but shake her head.

It’s too much to fight.

He turned around and got out of bed, filled the bathtub with warm water, then picked up the beauty and walked in.

The warm water enveloped the whole body, and all fatigue seemed to disappear.

Sun Mingzhen breathed a sigh of satisfaction, letting the man behind her hold her, feeling the gentleness of him carefully washing away the sweat on her body, and a rich joy lingered in her heart.

Although she is a dedicated person and there is no talk of love, as a woman she also hopes to be loved by a man.

"How's the company doing lately?"

"The public beta of "Millennium" has ended, and final adjustments are currently being made. It will probably be launched and operational in November."

""Legend 2 Legend World" is currently in internal testing. If there are no problems, it will be launched into public testing next month. If it wants to be launched into the market, it will probably have to wait until next year."

"Naver currently occupies 37% of the search market. The portal is the fourth largest portal after Yahoo, DAUM and Lycos, with a market share of 13.4%. Recently, Li Haizhen has been expanding servers and transferring the liquidity in Naver's account All used up.

Now he wants to acquire Hangame again. With your support behind him, his ambitions are getting bigger and bigger. "

Hearing the dissatisfaction in her words, Xu Liang smiled lightly.

"As a company boss, I like ambitious subordinates. Especially the acquisition targets he chooses do have great development potential."

There was a pause.

"Besides "Millennium" and "Legend 2", what actions does Park Guan-ho have?"

"I only know that he has been investigating the South Korean game market recently, and he probably plans to expand through acquisitions. But he hasn't chosen a target yet."

Park Guanhao and Li Haizhen are both vice presidents of Hongmeng South Korea.

As long as they are not stupid, they should understand that each other is their own competitor.

If you want to rise to the top and become the president of Hongmeng South Korea, you must show real results.

Now Park Guanhao is undoubtedly the leader. The explosion of "Legend 1: King of War" in China can bring in at least 20 billion won in revenue.

However, one success is not guaranteed. Only continuous success can truly prove your ability.

So Xu Liang hopes that Park Guanhao can come up with a second big hit game similar to "Legend", or even slightly worse, and he will also consider letting him be in charge of Hongmeng South Korea.

In comparison, Li Haizhen had a much harder time.

Search engines are not yet profitable, and the portal website is only the fourth in South Korea.

To completely defeat Park Gwan-ho, it is not enough for Naver to turn a profit.

Search engines or portals must have a dominant position in the entire South Korean market.

"President, recently I discovered that Park Guanhao is a little dishonest."

Xu Liangliang was moved, "You said it was using power for personal gain?"

"The R\u0026D expenditures for "Legend 2" and "Millennium" suddenly increased by 10%, although he explained that the increase in expenditures was due to the increase in R\u0026D personnel.

However, the two game development teams only have five more people since the acquisition. Five people can't afford so much money.

Not only that, Hongmeng Games’ operating expenses also increased by 700,000 won compared with last month. Although it is not a lot, some expenses are completely unnecessary, and the price is higher than the market price. "

"Can it form evidence?"

"Park Guanhao was very careful, but I still found some." Sun Mingzhen said with a hint of pride.

"Leave it to me tomorrow."

"Um."

He didn't completely believe Sun Mingzhen, but compared to Park Guanhao, he was still more willing to trust Sun Mingzhen, who was close to him.

At least now her interests are consistent with his own.

While Xu Liang was deep in thought, snoring suddenly came from his ears.

Looking down, Sun Mingzhen was already asleep.

"Looks like he's really exhausted."

Through this fusion of body and mind, Xu Liang gained a deep understanding of his second brother's abilities.

"The reborn Goldfinger is pretty good."

After waking up Sun Mingzhen, wiping the water off her body and drying her hair, the two went to bed and fell asleep with their necks crossed.

The next day, Hongmeng South Korea office is on the ninth floor of Yucheng Building.

With the addition of Naver, the office area has been expanded to 1,300 square meters.

The number of personnel has also reached two hundred.

In the conference room, Xu Liang looked at the investigation report on Hangame on the table with a strange look on his face.

"What Avatar? Isn't this the QQ show?"

The "Avatar" game developed by Hangame Company cannot be said to be exactly the same as the QQ show launched by Tencent in 2003 in his impression. It can only be said that there is no difference.

Xu Liang vaguely guessed something due to Fat Penguin's copying ability, which was hated by countless Internet companies in the country.

In fact, he was right.

If nothing changes, Fat Penguin, who received tens of millions of dollars in financing from South African MIH in August 2002 and made a lot of money through Monternet, is no longer short of money.

Recruitment has also increased.

Xu Liang, who graduated from Wuhan University and worked for two years, successfully applied for the position of 'National Internet Cafe Promotion Manager' at Fat Penguin. However, he lost his mobile phone and reported two weeks late, and the position was replaced by another newcomer.

When he entered the company, he was assigned a casual position as a product manager.

This guy used to study economics and didn't know what a product manager was, but he had no other job. As a result, he became the first idler in Tencent's history (official appraisal version).

Idle people generally love to chat, so I heard that the South Korean company Hangame has developed an "Avatar" game. Users can change the appearance of the virtual character according to their own preferences, such as hairstyle, expressions, clothing and scenes, etc.

And these virtual ‘goods’ need to be purchased for a fee.

According to Xu Liang's investigation, in December 2000, there were 60,000 paying users who purchased virtual props on Hangame.

One year later, the number of users increased to 1.5 million. The average monthly expenditure per user was equivalent to 4.94 Chinese yuan, and the profit was considerable.

Realizing the opportunity, he persuaded Zhang Zhidong and formed a development team to develop QQ Show. As a result, in just half a year, 5 million people purchased this service, generating revenue of 25 million Huaxia coins.

The success of QQ Show also opened the key to value-added services for Fat Penguin, getting rid of the dilemma of relying only on Monternet.

Xu Liang didn’t know Hangame Company or the future of the ‘Avatar’ game.

But he knew how popular the QQ show was when he was in college. There were about 20 girls in the class all playing it, which shows how big the market is.

"Are you sure you can buy it for $500,000?"

Xu Liang asked.

Li Haizhen nodded affirmatively.

"for how long?"

"No more than two weeks at most."

Xu Liang gave a brief explanation.

"Legend 1" has been officially operational for a month and a half on July 18, generating revenue of 25 million Huaxia coins. According to the agreement, Hongmeng South Korea can receive 20% of the net profit.

This condition is much cheaper than Shanda’s US$300,000 copyright fee and 27% share.

The 25 million Chinese dollars deducts labor, material and other expenses, as well as 25% corporate income tax and 6% entertainment industry value-added tax.

There are probably about 14 million left.

In other words, Hongmeng South Korea can get a copyright revenue share of 2.8 million.

Because of the tax deduction, this part of the money does not need to pay South Korean tax.

According to Hongmeng South Korea’s internal regulations, half of the income of its subsidiaries is handed over to the head office.

In other words, the funds that Xu Liang could use to support Li Haizhen's acquisition of Hangame were only 1.4 million Huaxia coins. No, I should say only 1 million.

Because Hongmeng head office also has its own office staff, although there are not many, they still need to spend money.

One million Chinese coins, according to the current exchange rate, is 120,000 US dollars, which is far from Li Haizhen's request.

"It seems the only option is to invest more money."

Thinking of this, Xu Liang said: "I can continue to invest, but your equity will be diluted."

Li Haizhen frowned.

He doesn't want his equity to be diluted, after all, there isn't much left.

"Boss, can I invest in the form of a loan?"

"What do you think?" Xu Liang said calmly.

Li Haizhen also knew that her request was a bit excessive, so she thought about it briefly.

"Boss, the company's gaming business is now very profitable, so we can definitely seek bank loans."

Xu Liangda did not object to the loan, but Park Guanhao was not willing.

It's okay for you to use the money I earned for development. After all, it is the proper intention of the head office to support weaker businesses, but it is too much for you to use me to guarantee the funds for your own development.

"Boss, I am not opposed to using Hongmeng Games as collateral for loans, but if the loan successfully acquires Hangame, I hope that the 'Avatar' casual game they develop can be handed over to us for operation."

Xu Liang nodded and turned his eyes.

"Lao Li, what do you think?"

The unique title made Li Haizhen frown slightly. He was still not used to it.

"sure, no problem."

He doesn’t know much about games, so he acquired Hangame because of its abundant traffic.

In particular, Hangame has a large number of active users, and after acquiring it to divert traffic to Naver, he is confident that Naver will become the number one search engine in terms of market share, with the portal ranking surpassing Lycos.

Xu Liang looked at Park Guanhao.

"That's okay with me too."

The latter said quickly.

Xu Liang nodded and said, "Director Sun, I will leave the loan to you."

Sun Mingzhen, the head office director of the head office, nodded quickly.

"Okay, today's meeting ends here. Lao Pu, come to my office."

Park Guanhao responded and followed Xu Liang to his president's office.

"sit."

The two sat down and Xu Liang poured him a glass of water.

"I heard that you have been investigating the South Korean game market recently?"

"yes."

"How's it going? What did you find?"

A hint of bitterness appeared on Park Guanhao's face, "I discovered something when I discovered it. Basically, those who like it can't afford it, and those who can afford it don't like it."

"Which game do you like?"

"Paradise by NCSoft."

Xu Liang smiled and said, "You know how to read it."

"Paradise" can be said to be the hottest online game in South Korea currently, with 60,000 people online at the same time, 3.5 million registered players around the world, and 300,000 people online at the same time.

It can be called a money printing machine.

Before "Legend 2" broke out, everyone was drooling after watching it.

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