After Reeves' detailed introduction, the main people present, Zhang Yida, Xu Xiaoming, and Shen Beipeng, all had a specific understanding of mobile payment in Africa and even the entire financial technology track.

The conclusion is: lending makes money, mobile payment loses money.

However, if you start lending without relying on mobile payment, the accumulation of payment data is insufficient, and it is very difficult to control risk, so you can only choose the route of high interest rate to cover high bad debts.

Zhang Yida turned his head sideways and was about to speak.

Xu Xiaoming spoke first, "What are you waiting for, hurry up and call Yimin Loan and Yimin Netfinance to come over to conduct business."

We have also made so many Internet products here, and there will be no shortage of traffic. ”

Look, this is the teacher from New Oriental

However, Zhang Yida felt that Xu Xiaoming said it very well, and he could let Zhuang Chuguang and Chen Shaojie, the lending kings, come over for inspection.

"Let's introduce the other three apps," Zhang Yida told Cao Lu.

The other three non-CEOs began to introduce the developments.

José, CEO of Boopy, said: "In March 2015, Boopy made its debut in Nigeria as a pre-installed music player for Transsion's brand TEO mobile phones.

Up to now, Boopy has more than 49 million registered users, of which 22 million are monthly active users.

With a library of 6 million songs, we have the largest online African music library in the world.

At present, it covers the four major markets of West and East Africa: Nigeria, Ghana, Kenya and Tanzania.

The company's revenue includes subscription fees, content purchases, and advertising. Boopy's subscription fee is currently $18 per month, and the content purchase is about the same as iTunes song purchases.

Our main rivals are Apple Music, Sonic Skybreaker, French streamer Deezer, and high-fidelity Tida."

Africans are born with a love of music, and if they weren't too poor, it would definitely be a very good entrepreneurial track.

Even so, the outside world has given Boopy a valuation of $200 million.

RES also has business in Africa, and its main focus is Egypt, Morocco, Tunisia, South Africa and other countries in North Africa.

This is to avoid competing in the same market as BOOPY, which mainly operates in the East and West African regions, and to prevent internal consumption of the company's resources.

"I think Boopy is developing very well, have you considered splitting it out for independent financing and going public in the future?"

Shen Beipeng turned his head sideways and asked Zhang Yida in a low voice.

Zhang Yida shook his head and smiled, "We have a controlling slot, this is to be consolidated." ”

"Oh, I almost forgot about it. ”

Shen Beipeng asked in a low voice: "Why did you fool Zhu Zhaojiang, let the family give you the music player that comes with the mobile phone." ”

Zhang Yida smiled, "I actually want his instant messaging software and app store." ”

"You're too ruthless, aren't you?"

Shen Beipeng sighed twice, although he said so, there was an appreciative look in his eyes.

"I'll tell you, the app store can be left for Transsion, but instant messaging must be brought.

With WeChat in hand, Africa is such an Internet layout chess piece. ”

Zhang Yida nodded, he naturally knew how arrogant the ecology of WeChat was.

However, Africa has 54 countries and 7 regions, with a population of more than 1.2 billion, and it is difficult to integrate various problems such as religious and tribal strife, terrorism, and piracy, and it is far from being as easy to promote as a complete country in China.

It is very difficult, and there is also a lot of room for imagination, and once it is done, this is the king of Africa in the Internet world.

"VSKit short video has been online for a year, and currently has 20 million registered users and 12 million monthly active users, making it the largest short video platform in Africa.

The v in our product name stands for video, which also means victory, and skit means short and interesting video.

In Nigeria, Kenya, and Ghana, vskit has long topped the list of googe py entertainment app downloads.

VSKIT has covered more than 30 African countries in the south, west and south, including Nigeria, Kenya, Tanzania, Côte d'Ivoire, South Africa, etc.

Languages include English, French, Swahili, Amharic and many other languages spoken on the continent.

Our copyright authorization comes from boopy, and the content is mainly singing and dancing.

This is because African users are more sensitive to this type of content and have a musical talent, and the entry barrier to this type of content is low for users, both in terms of production and consumption.

Because there are almost no local institutions in Africa, in order to ensure the output of high-quality content, VSKit has always played its own role.

We have a dedicated task force that manages local KOs.

The company will also regularly hold beauty pageants, catwalks, singing and other competitions to select artists and incubate them to become KOs.

The company is also cooperating with some local YouTube long-form video studios and artist management companies to assist them in transforming into short video content producers. ”

Zhang Yida listened to the introduction of Xu Weisong, CEO of VSKit, and chatted with Shen Beipeng without saying a word.

"This vskit has become the climate, iChip doesn't have so many users, how can the two coordinate the competition"

Zhang Yida also had a bit of a headache about this question, and replied: "At that time, I was busy exploring the markets in Europe, America and Asia, and I was afraid that other Chinese teams would come to Africa, so I could only let VSKIT occupy a position first."

Now, it's been a little more successful than we expected. ”

"How to deal with the acquisition by Rui Xiang," Shen Beipeng asked.

"Zhu Zhaojiang is not very willing, and wants to slow down. At present, VSKIT is for the black African market, and we are for the white African market.

When I return to China, I will talk to him again, and it is a big deal to give him the shares of Ruixiang.

Doesn't Transsion want to be listed on the Science and Technology Innovation Board, and Ruixiang can definitely give them the title of "Ruixiang Concept Stock", and the stock price will increase several times after listing. ”

The "black and white Africa" in Zhang Yida's mouth is actually based on the Sahara Desert as the dividing line, with Africa dominated by blacks in the south, and eight North African countries including Egypt and Tunisia dominated by Arabs in the north.

"In response to the growing demand from African users for all kinds of current affairs information and high-quality content, Trucloud launched the information aggregation application SOPER in 2017. ”

A black man in his thirties stood up and began to introduce the business he was responsible for.

His name is Kyrie Manton, and he is a Nigerian elite who has returned from studying in the UK.

"At present, we provide professional content in sports, life, current affairs, technology, entertainment and other categories to the majority of African mobile phone users through the content recommendation engine.

The content sources mainly come from local head media in various countries, as well as the SC platform, a platform similar to China's WeChat public account and Toutiao account.

It spans common media forms such as text, GIFs, long and short videos.

After more than two years of operation and accumulation, SOPER has reached 16 million registered users, and ranks second in the list of Googe PY information applications in Nigeria, Egypt and Kenya, and fifth in Ghana. ”

Compared to several other apps, Soper's results are a bit pale.

So Kelly Manton didn't dare to speak too loudly, and after the report, he secretly glanced at Zhang Yida, and saw that the big boss had a black face and didn't speak, and he was a little apprehensive.

Zhang Yida leaned on the leather seat and turned around, looked at Manton's dark face, and asked coldly, "Why is this happening?"

VSKit was founded more than a year later than you, and has more users than you. ”

Manton was very nervous when he saw the big boss scolding him, he didn't want to lose this decent job.

But because of his dark face, even if his face was burning, Zhang Yida and the others didn't see anything unusual, and thought that this big brother was calm.

"Because there are too many illiterates. ”

Manton boldly said, "People who follow the news must first be able to read, and secondly, they must have good reading habits, and most of these people are middle-class."

And the short video is simple, swipe your finger up, and you're done.

Because the threshold for using short videos is lower, they attract more users.

Even in China, the number of active users of these short videos is more than double that of news and information apps. ”

Zhang Yida scratched his forehead, this reason is very powerful, and people can't find fault with it.