Chapter 259: Half-Year Summary

It remains to be seen how effective the intranet will be for university students enrolled after 1997.

Under the arrangement and coordination of Liao Yun, the semi-annual summary meeting of Korn Ferry Group was hosted by the school intranet and officially held in the large conference room of the school intranet.

At present, there are more than 1,000 full-time employees and interns in various companies. The convening of such a conference must have attracted the attention of many employees, and even some media that have been rumored about it are also inquiring about the discussion content of the summary meeting of Korn Ferry Group.

In the past two years, the Celestial Empire Internet industry has grabbed some style in addition to the penguin listing and Shengda Network listing, and the remaining important news can almost be related to the Radiance Group, and the understanding of the Internet industry is also speechless.

Before the conference officially began, Tang Wenwen, Fang Dawen, Liu Chujing, Chen Hu, Zhu Zhengfeng, Li Shigui, Dai Fuqian, Xiang Weiwei, Lin Zhen, Lu Yang, Shanyu, Tang Minghua, Yang Yan, He Ling, Bai Xue and others have already come to the conference room.

Bai Xue was originally with Jiang Hui, but she was embarrassed to highlight her special relationship with Jiang Hui on such an important occasion, so she also came to the conference room in advance.

However, Li Xingping, Dream Band and others did not usually participate in the specific affairs of the company, so they did not show up in person, and just send them a copy of the meeting minutes after the meeting.

"Old Tang, Meituan has been very popular recently, and all kinds of group purchases have begun to appear, eating, drinking, and having fun," Fang Dawen and Tang Wenwen chatted casually.

"Lao Fang, your potato network is not bad at all, the auction contest is in full swing, the dream band's "Has Anyone Told You" sings really well, and the MV is also very good, and now it has the highest click rate, right?", Tang Wenwen said with a smile.

"This is all the credit of Mr. Jiang and the Dream Band, and I am purely following it," Fang Dawen said.

"If you want me to say that Mr. Jiang is really powerful, all kinds of ideas come at his fingertips, there is no pressure at all, and I can't imagine what his brain is made of", Liu Chujing interjected on the side.

"Otherwise, why would he be the boss and we are employees," Yang Yan said.

"You can't be regarded as an employee, there are your shares everywhere, you are still an employee, and you are obviously a representative of the management side," Lin Zhen said with a smile.

……

Just when everyone was chatting in the conference room, Jiang Hui, led by Zeng Qingying and Liao Yun, appeared at the door of the conference room on time.

"Jiang is always good!".

"Jiang is always good!".

"Jiang is always good!".

Everyone kept greeting Jiang Hui, Jiang Hui smiled and nodded and walked to the reserved position for him, Zeng Qingying and Liao Yun sat on both sides.

The meeting was presided over by Tang Wenwen, general manager of the school's intranet and deputy general manager of Meituan.com. 、

"Dear shareholders and colleagues. Good morning, everyone! Today, I am entrusted by President Jiang to preside over this meeting. Compared to everyone, you have a certain understanding of the topic of today's meeting. The first agenda item is for each company to report on its business development in the past six months, so first of all, let me introduce you to the development of the school intranet," Tang said.

In the applause of everyone, Tang Wenwen switched the interface of his computer to the projector.

"Everyone is familiar with the basic situation of the school intranet, so I won't talk about it. I'll just quickly explain the number of users and other issues that everyone is concerned about. As of yesterday, the number of users of the intranet in China is more than 13 million, and basically more than 90 percent of the college students are our users.

In the case of no change in the registration authority, we have basically tapped the potential of domestic users, in response to this situation, Mr. Jiang also held a discussion meeting of relevant personnel on the campus intranet a few days ago, and decided to open the registration authority of all college students enrolled after 1997.

As for the situation of international users, we currently have offices in island countries and Hong Kong ports, and we are ready to upgrade these two offices into branches in the next stage to increase the development of the Asian market. In the entire Asian region outside the mainland, there are tens of millions of college students, and our users are less than five million, and there is still a lot of potential to develop in the international market, especially in India, Russia and other countries, where the number of users is still relatively low.

The current profit of the school intranet mainly comes from the web games and advertising revenue in cooperation with Guanghui Games, and the school intranet has already achieved profitability without considering the placement of servers. However, considering that the group is about to build a new data center, there is still a long way to go before the school intranet can truly achieve independent development......", Tang spent about ten minutes to introduce the situation of the school intranet.

"I will report to you on the situation of the school intranet, then I will continue to occupy the microphone for a while and continue to introduce the situation of Meituan. As we all know, some time ago, Meituan raised 60 million yuan from IDG Capital, and then began to embark on the pace of expansion, at present, Meituan has 12 offices across the country, more than 50,000 merchants on the platform, the average daily transaction amount has reached more than 5 million, and more than 3 million people have registered to use Meituan. At present, the number of registrations is still increasing rapidly, and it is expected to exceed 5 million by the end of this month and 20 million ...... this year," Tang said.

After introducing the situation of the school's intranet and Meituan, Tang asked Fang Dawen, deputy general manager of Tudou, to introduce the recent situation of Tudou. Although Fang Dawen is also the deputy general manager of the school intranet, the focus of his work has been placed on Tudou.

"Thank you Mr. Tang for sharing with us the development of the school intranet and Meituan.com, and I feel very stressed when I see those data," Fang Dawen said.

This unique beginning caused a burst of laughter from everyone, and it is estimated that the next person to report will have a similar feeling. Except for the companies of the Guanghui Group, which made a fortune silently behind the scenes, the other companies are the most famous in the school intranet and Meituan.

Especially in the intranet, the venture capital circle has now opened a valuation of more than 3 billion, which is more than 1 billion more than the valuation of the intranet financing more than a month ago. And Meituan is even more powerful, at that time, the valuation of IDG capital of 300 million was still a bit inflated, and now Sequoia Capital and others want to enter at a valuation of 500 million but Jiang Hui has rejected it, according to this development trend of Meituan, when the first financing is burned out, the valuation will go to more than one billion.

(End of chapter)