"Kunlun Wanwei"

Zhang Yida smiled, "Yahui is now obsessed with finance. ”

"Why and how"

Cao Lu has been in Africa for a long time and doesn't particularly know the situation in China, so he couldn't help but ask out loud.

Shen Beipeng smiled at Cao Lu, "Let me explain it to you, because Zhou Yahui has earned at least this amount through investment in wonderful installments." ”

Cao Lu looked at Shen Beipeng's two fingers, and wanted to say 200 million, but he felt that it was a bit little, and the words were changed to 2 billion again.

"Yes, at least 2 billion yuan was earned"

Shen Beipeng smiled, "At present, Zhou Yahui has cleared the warehouse and installments, and there is no one left." ”

Looking at Cao Lu, who was a little surprised, Shen Beipeng said with a smile: "This number seems like a lot, but when the market value of Miao Installment reached a maximum of 12 billion US dollars, do you know what Kunlun Wanwei's book return was at that time?"

Reeves stopped speaking, and several other executives were also attracted to attention, all of whom were focused on Shen Beipeng.

Shen Beipeng glanced at Zhang Yida, not knowing whether it was appropriate to talk here.

Zhang Yida said with a smile: "Let's talk about it, and let our company's management know about our opponents." ”

Shen Beipeng switched to English and gave several non-national executives a brief introduction to the process of Kunlun Wanwei Investment.

"Before and after, Kunlun Wanwei invested a total of 70 or 80 million US dollars in Miao Installment, and at the peak of the stock price after the listing of Miao Installment, the book return was as high as 12 billion yuan.

However, due to financial supervision, mutual fund Chinese concept stocks plummeted, and although Kunlun Wanwei has been continuously reducing its holdings in wonderful installments, it only achieved a return of 2 billion in the end.

You can't compare to Yida, right?"

Zhang Yida nodded lightly, "Sort of, we invested 10,000 yuan, withdrew before the Miao installment listing, and cashed out 21.2 billion." ”

Xu Xiaoming, who hadn't spoken much, said quietly, "Yes, with a return of 265 times, I don't think it's just an investor, even Lu Min doesn't earn as much as you." ”

Zhang Yida laughed, "I like the phantom very much, thank you Teacher Xu for your gift." ”

Xu Xiaoming is not a stingy person because he lost a phantom, and said generously: "If you like it, you can invest in a project with two or three hundred times the return, and I will give you a good car." ”

Zhang Yida smiled, which was a bit difficult for him.

"In addition to the wonderful installment, Kunlun Wanwei has also invested in more than a dozen mutual finance companies in China, several of which have already exploded. ”

Zhang Yida took over the conversation and continued: "Therefore, Kunlun Wanwei turned to overseas layout.

In Southeast Asia and India, they have established joint ventures with 360 and have invested in a number of local mutual finance projects.

It is also very normal to move to Africa now.

Mutual money makes more money, and Mr. Zhou is not short of money in his hands, so he naturally wants to start casting a wide net. ”

Cao Lu suddenly realized, "That's right, the Opera browser was also jointly acquired by Kunlun Wanwei and 360, and it is currently the second largest browser in Africa after Google."

Opay's parent company, which is also Opear Browser, closed a $30 million PreA round last month, and I heard that it is recently seeking a $50 million Series A round.

Once the financing is completed, it will probably become a heavyweight player in the African mobile payment market.

Opay and Opera have a large presence in Africa, and have launched a news and information platform Opera News, a motorcycle service ORIDE, a tricycle business Otrike, a bus ticketing platform OB, a food delivery business OFOOD, an investment and wealth management platform Oweah, and an online lending platform OKASH.

It can be seen as the domestic payment of Bei Di Di Magnesium Group Thousand Degrees Headlines. ”

Zhang Yida commented, "This is to create a super app, and Gojek and Grab in Southeast Asia are doing this.

By continuously enriching the use scenarios, we will drive the growth of mobile payment business. ”

Cao Lu nodded, "Yes, we speculate that this is also the case. It's just that it's done like this, and the stall is so big all of a sudden, which is very money-burning.

In addition, OPAY is constantly poaching our and Transsion employees.

Because we entered Africa earlier, there are many Chinese employees who are familiar with the African market, and there are not so many suitable employees in China.

That's all

What I'm most worried about is that OPAY adopts the style that domestic subsidized users are used to, and it is not suitable for us to follow or not to follow when the time comes.

If you follow it, blindly burning money may end up burning chicken feathers.

Once the subsidy is stopped, the user continues to pay cash.

If you don't, the market will be robbed by them. If they develop user habits, then we can only be out. ”

Zhang Yida shook his head lightly, "Let them burn, I want to see how much they can afford to burn."

Cao Lu wanted to speak again and again, and finally said: "Mr. Zhang, if we don't do any subsidy activities, maybe the current stock users will run out." ”

"Let them run, and when they have almost finished the wool of opay, we will make a move. ”

Zhang Yida and Cao Lu looked at each other and explained: "Now the market is not mature, especially the supporting facilities are not complete, and I want African users to really get used to "cashless payment" like China."

QR codes for e-commerce, taxis, takeaways, and roadside stalls all have to be made.

Do you think Nigeria and Africa as a whole have this condition?

There is currently only one unicorn company in Africa, and the market value has fallen below $1 billion.

This kind of thing can't come in a hurry, so I can only accompany these friends to grow up.

These startups are the shortcomings of the barrel effect, and they are also our ceiling.

Mr. Zhou's idea is good, he wants to make bucket products and drag the entire African Internet market forward with the power of one company.

At least I'm not optimistic."

Shen Beipeng and Xu Xiaoming both nodded, Zhang Yida was dozens of times more valuable than Zhou Yahui, but he did not float.

In the past, Chinese companies went to sea, directly copied China's logic, made rapid impulses in the short term, and ended the battle in a very short time.

But the reality is that compared with the average GDP of 10,000 US dollars for Chinese, even the per capita GDP of Nigeria, the largest economy, is only about 2,000 US dollars, and the willingness to pay and the education level of residents cannot be compared with that in China.

More importantly, there are many African countries, and they can only open up one by one, and they do not have the conditions to end the fighting quickly.

Zhou Yahui is so aggressive, I'm afraid he will have to fall into a big fight.

"Let's lay a solid foundation for ourselves and don't care about others. ”

Zhang Yida straightened up from his chair and said with a serious face: "The current Internet startup environment in Africa is very similar to that of China around 2000.

Try to see what it was like to promote mobile payments in China in 2000

When the time comes, the group will naturally make additional investments.

What Chuanrui needs to do now is to be deeply rooted in the soil, understand the market thoroughly, and prepare for the outbreak in a few years. ”

Cao Lu nodded, he understood what Zhang Yida meant, he just didn't want to rush too fast, so as not to become a martyr.

If you think about it, these words can stand up to scrutiny.