Chapter 47 Online Communities

Standing in front of the window of the chairman's office of Feitong, Zhao Hongbing thought about the future of the company.

Early the next morning, Zhao Hongbing held a board meeting, mentioning that the camera department would be disbanded and the Internet community department should be established, but Zhou Chang still expressed his opposition, but this time Zhao Hongbing ignored him, but asked for an internal vote.

As several high-level officials who followed Zhao Hongbing, such as Zhang Xiao, Da Zhuang, A Xin, Xu Bo and others all voted in favor, while Zhou Chang and Yuantong Capital voted against.

Zhou Chang's opposition was not surprising, after all, he and Zhang Xiao had already had a disagreement last time, but Yuantong Capital, represented by Qin Xisong, also voted against, which made Zhao Hongbing feel a little strange.

Yuantong Capital is one of the three major angel investment capital companies in China, the founder Qin Xisong has similar experience to Xu Bo, and they are both financial experts who returned to China from abroad to develop in China, before that, he represented Yuantong Capital accounted for about 1% of the shares in Feitong, which is the eighth largest shareholder.

"Okay, 14 votes passed, 2 votes against, one abstention, the resolution to disband the camera department and establish the Internet Community Department was passed, and from today onwards, it will be handed over to the relevant person in charge below, Illya, you are responsible for being the general person in charge, and communicate more with the consultants sent by the face network." Zhao Hongbing commanded.

"Face.com? Do you still want to cooperate with Facebook? Zhou Chang was amazed.

"Yes, we need each other's technology." Zhao Hongbing responded.

"Hehe, then we have to pay a lot of things, right? Is it to give them the market or how? Zhou Chang looked at Zhao Hongbing with disdain, as if he was about to be inseparable from Zhao Hongbing at this time.

"Well, we need to contact the leaders of the Ministry of Science and Technology, and maybe we can make Face.com settle in China. At that time, we should also cooperate with Feitong on related projects. Zhao Hongbing explained calmly.

"Pete, you're selling out our market!"

Zhou Chang couldn't bear it anymore and left the table angrily.

Although Qin Xisong didn't say anything, he also left the meeting seat early and chased after Zhou Chang.

"Week! Wait a minute! Qin Xisong shouted.

"Jack, what's wrong?" Zhou Chang was a little angry, but after seeing Qin Xisong, he still adjusted some of his state.

"I also think that Pete and Illya have gone too far this time, why don't we communicate more? Let's see if we can change some of that. Qin Xisong said with a smile.

"Jack, you're thinking too much, the 14 of them are 95% of the shares, it's impossible to change the status quo!" Zhou Chang said helplessly.

"We can slowly attract some people to come over, in fact, some natural people and capital may not necessarily follow Pete, but Pete took the initiative at that time, so they all fell like grass on the wall." Qin Xisong responded.

"Alas! Eat and go! ”

Zhou Chang followed Qin Xisong into the car, and the two continued to talk about these things in a nearby French restaurant.

After the end of the board of directors, Zhao Hongbing and Zhang Xiao were very happy, because what they decided in Silicon Valley was finally put into practice, as long as Feitong's network community department can be successfully launched, and then connected with the UU department, Feitong will not only be able to take the initiative in the instant messaging market in the future, but also be able to win the market of the network community, which is indeed very comfortable.

After half a month, the network community department initially showed its prototype, and Zhang Xiao, as the CFO, concurrently served as the head of the network community department, leading more than 100 people below to start building a real network community in China - UU space.

And Zhao Hongbing also talked to Minister Wang Kai of the Ministry of Science and Technology about the matter of making the face network land in China, Wang Kai said that these things have to be reported to the high-level, but there will be a response soon.

Although it was not possible to land in China in time, a group of four technical experts from Face.com still settled in Feitong, which made the construction of UU space more powerful.

After another two months, UU Space 1.0 was officially launched, and users can enter this network community through UU, in UU space, users can not only freely set their own community name, post logs, post photos, and publish daily moods, but also can leave some comments and messages by browsing other people's UU space, which achieves the purpose of socializing.

After the launch of UU Space 1.0, it quickly became the hottest Internet community in China, and for a while, nearly 100 million Internet users in China began to know about the existence of UU Space, and the number of users of UU Space soared from more than 100,000 to 20 million in three months.

Because of the success of UU space, the total number of users of UU software has indirectly increased, so that UU software occupies about 90% of the instant messaging market in China, and it has become a monopoly giant!

In the fourth year of the establishment of Feitong, Zhao Hongbing let Feitong be listed on the IPO of the Meiniu trading board, at this time, Feitong has reached a market value of 100 billion yuan, with a market value of 107.1 billion Huaxia coins, which is a veritable first IT enterprise in China!

As the boss of Feitong, Zhao Hongbing's assets soared from five million when he first came to Tangcheng to 7.5 billion, directly increasing 1,500 times!

Not only that, Feitong has also given birth to more than 10 billionaires, more than 50 multimillionaires and more than 200 millionaires, and the more than 10 people who just joined Feitong have now held important positions in various departments of Feitong.

Zhou Chang, the director of the Internet Community Department, and Qin Xisong, the director of Yuantong Capital, who tried to prevent Zhao Hongbing and Zhang Xiao from establishing the network community department, did not leave Feitong, but have been developing factions within Feitong, and gradually attracted the other five of the seventeen members of the board of directors.

Although Zhang Xiao had mentioned this matter to Zhao Hongbing several times, for the unity of the entire company, Zhao Hongbing did not find fault with the two, which contributed to the arrogance of the two to a certain extent.

"Illya, let me tell you, Buchos's Caiguo 4 launched yesterday is really amazing, he has already asked someone to send me a real machine, I played the game last night!" Zhao Hongbing said excitedly.

Zhang Xiao has actually been prepared for this, after all, the success of Caiguo G3 in the international market is obvious to all, although now Norsenke still occupies 70% of the global market, but under the impact of Caiguo G3, their profits in the fourth quarter have fallen by 50% year-on-year, which is a very terrible number.

"Yes! The game is fun, it's fun.,Have you figured out how to make our UU、UU space implanted into Caiguo 4?Now we have to cooperate with Caiguo and this kind of thing.。 Moreover, our company should also develop smart phones like Caiguo G3 and Caiguo 4. Zhang Xiao responded.

In fact, Zhang Xiao had already reminded Zhao Hongbing of this matter, but Zhao Hongbing has not paid attention to it, and focused on the construction of UU and UU space, which is a lot behind Feitong in the smartphone market.