"Baidu Maps is useless!" Li Yan was furious but helpless.
It is not that easy to create the underlying map data.
At Tencent headquarters, Chairman Ma also looked shocked:
“200 million daily users!”
"Since being acquired by Xingyi Technology, Amap has become invincible."
The vice president agreed very much: "Baidu Maps is completely useless. It has more than 10 million daily users and has no future."
Director Ma laughed: "The collapse of Baidu Maps is our opportunity for Tencent to take action. If we wait until Amap completely monopolizes the market, it will be too late for us to take action."
"How is Tencent Maps doing?"
"The integration of NavInfo's new underlying data has been completed, it has been fully upgraded, and it can basically be officially launched. Although there is still some gap compared to Amap, the gap is not big."
"Okay, very good!" Ma Dong said with joy:
"At this annual meeting, Wang Yi will be in awe for two days, and two days later he will release a new Tencent map, officially declaring war on Amap! And local life must also be accelerated. The market that Baidu has lost, we at Tencent must not take it.
Let Xingyi Technology be the dominant one!"
"yes!"
The annual meeting continued. Wang Yi skipped all the unimportant or unprominent business units and only announced the most important and core business:
"Amap Taxi is also developing rapidly. It has been launched in 400 cities, has more than 8 million online taxi drivers, and the average daily order volume exceeds 15 million!"
"Although the vast majority of the 8 million online ride-hailing drivers work part-time, only a small number work full-time."
“But for the whole of 2012, the total revenue of AutoNavi’s taxi-hailing division was still as high as 95.7 billion!”
Hearing this, everyone was shocked:
"What? A single Gaode taxi driver has a revenue of 95.7 billion?"
"It's been less than a year and a half since AutoNavi's taxi was launched, right? The annual revenue is 95.7 billion?"
"Crazy, really crazy, Xingyi Technology is so powerful!"
"If you pull out any business department, they will be billionaires!"
Even Chairman Ma couldn't help but sigh: "Taxi-hailing is so profitable. Tencent Maps will go online as soon as possible, and the taxi-hailing business will be launched as soon as possible. Let's call it Tencent Taxi-hailing!"
Baidu Li Yan is also ready to make a move: "Taking a taxi is really profitable, but it's a pity that Baidu Navigation has too few users."
Alijema is equally salivating.
But Wang Yi couldn't be happy: "But the net profit is 4.3 billion!"
"What?"
"So few!"
"Fuck!"
For a time, both the netizens watching the live broadcast and the corporate bosses squatting in the live broadcast room couldn't help but use swear words.
"With nearly 100 billion in revenue, there is only 4.3 billion in profit. Everyone finds it incredible, right?"
Wang Yi said calmly: "But in fact, there are only so few!"
The scene was in an uproar, and the BAT bosses were all confused.
Wang Yi eloquently said:
"Amap only takes 20% of each taxi ride, and the remaining 80% of the revenue is the driver's remuneration and subsidies. Therefore, of the 95.7 billion revenue, 76.56 billion was given to the driver."
“After deducting various taxes and fees, the average monthly income of AutoNavi’s ride-hailing drivers is still more than 8,000. After deducting gas expenses, the average net income is more than 6,000!”
"Those full-time drivers earn tens of thousands a month!"
“Properly a high-income group!”
The barrage exploded:
"Damn it, online ride-hailing is so profitable? Is it fake?"
"Dr. Wang, I don't study well, don't lie to me!"
"As an industry insider, I can only tell you that it is all true."
"I used to drive a taxi and drive around a lot before picking up a customer. Now when I'm driving an online car-hailing service, as soon as one order is completed, the next order comes."
"I ran for eight hours yesterday, made 25 orders, and got 400 yuan!"
Wang Yi continued: "Maybe in the future, if there are more online car-hailing drivers, the average daily order volume will decrease, and everyone's income will be lower. But now, it is the best time for online car-hailing to open up land, and the daily order volume is very impressive."
"Amap Taxi will provide the lowest commission and the highest profit to car owners and passengers."
Wang Yi knows that full-time drivers now average about 25 orders per day, but ten years from now, the average number will be about 10 orders per day.
Full-time online ride-hailing car owners now earn tens of thousands a month, but ten years from now, it will only be five or six thousand.
Supply and demand determine everything.
Wang Yi continued: "Because 80% of the revenue is given to car owners, allowing full-time car owners to earn tens of thousands a month, AutoNavi only has a gross profit of 19.14 billion. After deducting our various taxes and fees, we can promote the marketing and promotion of AutoNavi taxis
Expenses, system research and development expenses, daily maintenance expenses, server expenses, as well as all employee wages, customer service wages, etc., in the end only a profit of 4.3 billion was left."
AutoNavi taxi-hailing has just started, and it needs to be promoted on a large scale, which costs money everywhere.
Wang Yi was very satisfied with the profit of 4.3 billion.
After all, Didi in its previous life suffered losses for seven years before achieving profitability.
Of course, the main reason for the losses is the money-burning subsidies. Even if the commission is about 30%, it is all burned, and the company still loses billions every year.
Wang Yi chose another method, taking only 20%, reducing corporate profits and improving driver treatment.
In this way, when the car owner makes money, he is naturally willing to take a taxi with Gaode.
If other companies want to join, they will also have to take a commission of 20%, or even lower.
It's just that Amap only makes 4.3 billion if it takes 20%. If other companies take 15%, there will be no profit at all.
If we engage in a price war again, it will be even more useless and we will suffer a complete loss.
To put it bluntly, Wang Yi is blocking the threshold for other companies to enter the industry by lowering the commissions and profits of Amap.
Without profits, who would still be willing to come?
Sure enough, Jack Ma's attitude changed: "Revenue of 100 billion is only 4.3 billion in profit. It's okay not to do this in the taxi-hailing industry!"
The vice presidents all agreed: "Yes, the profit of 4.3 billion is not enough for us to build our own underlying map data."
The vice president of Baidu also looked unhappy: "As long as you take an extra 10%, AutoNavi can make tens of billions more by taking a taxi. Is there something wrong with Wang Yi? He only takes 20%?"
But Li Yan was full of emotions: "Wang Yi is not a fool, he is a great wisdom. If AutoNavi takes 30% of the taxi fare, and the annual profit is 13 billion, Baidu, Tencent, and even Alibaba will all want to join. But now only
Taking 20%, the annual profit is 4.3 billion. Not to mention that Alibaba doesn’t want to do it, we at Baidu are too lazy to get involved. After all, if another giant comes, it will inevitably lead to price wars and waste of money on subsidies, and there will be no profit.”
"So that's it, this guy is really insidious!" The vice president suddenly realized: "He is retreating in order to advance, and he has stopped our idea of ​​​​doing taxi hailing at Baidu."
Li Yan nodded: "That's right, give it up, it's a money-losing thing, it's meaningless. Let's wait until we start working on the underlying map data."
Tencent headquarters.
"Chairman, shall we still operate Tencent Taxi?" the subordinate couldn't help but ask.
Director Ma sighed and became awkwardly entangled: "Let's do it, there will be no profit, a lot of investment, and a lot of revenue. In the end, we won't make one to two billion, and we may even lose money."
"Don't do it. We have QQ to attract traffic, WeChat Pay, and the underlying data of Tencent Maps and NavInfo. If we don't do taxi hailing, it will be a waste of resources."
In the previous online ride-hailing industry, the commission ratio was about 27%-30%. If several platforms worked together, as long as they didn't burn money and fight, everyone would make money.
Now Wang Yi directly works to 20%, which is basically equivalent to compressing the profit to the limit.
With only 20%, Baidu and Ali lost profits, and Tencent also felt a little uncomfortable.
Only Amap, a taxi company, can still make billions of profits a year.
Once Tencent joins and the two giants compete, the profits will be terrible.
If you burn money to grab users, you will definitely lose billions.
Even if you don’t burn money to grab users, you can earn up to one to two billion.
It's completely tasteless to eat and a pity to throw away.
This is Wang Yi's strategy, and it is still a conspiracy.
Directly lowering industry profits, not even giving the other side the opportunity to burn subsidies and engage in price wars!
Sure enough, Director Ma sighed: "Forget it, let Tencent Maps go online first and see the number of users. If there are many users, we will start a taxi service or invest in a taxi company. If there are few users, forget it. Return on Investment
Too low.”
"yes!"
"Next, Xingyi Zhijia!"
Wang Yi changed the subject: "Xingyi Smart Home achieved great success last year, with a rapid increase in product categories and ranking first in the country and even the world in many categories."
"Xiaoai Audio Standard Edition, global sales exceeded 35 million!"
"Xiaoai Audio Lite has been on the market for more than a month, and global sales have exceeded 6 million!"
"Xiaoai Audio Pro has been on the market for more than a month, and global sales have exceeded 3 million!"
"The total global sales of Xiaoai Audio exceeded 44 million!"
"Xiaoai Audio Division has achieved great success, with an S rating and 6-8 month year-end bonuses for all employees!"
"After two months on the market, Xingyi Air Purifier's global sales exceeded 3 million units! Revenue exceeded 7.5 billion."
Wang Yi was a little shocked.
In his plan, it would be good if the Xingyi purifier could sell three million units in the first year of its launch, but it turned out that three million units were sold in two months.
As for the reason, of course it was good timing.
A few days after the Xingyi air purifier was released in December, a heavy haze came...
Plus the price is pretty good too.
It has high configuration and high performance, but it only costs 1999 or 2999, which is more than half cheaper than other international brands.
There is no doubt that the Xingyi air purifier, which was originally a niche product, has instantly become a must-have product for families.
Sales overseas are even more terrifying, with price advantage and AI blessing!
As a result, one year's planned output was sold out in two months.
Fortunately, Xingyi Smart Home has its own factory with sufficient production capacity and rapid mass production, so there is no shortage of products.
“Two months after the launch of Xingyi Smart Humidifier, global sales exceeded 8 million units!”
“Two months after the launch of Xingyi Air Conditioner, global sales exceeded 7 million units!”
…
"The Xingyi Smart Home department has outstanding performance, the R&D team is rated S, and the year-end bonus is awarded for 6-8 months."
As for the year-end bonus of the sales department, it has already been divided into four quarterly bonuses based on performance and will be distributed quarterly!
The performance of the sales department is easy to quantify and assess, and bonuses are paid quarterly to better motivate salespeople.
The results of the R&D department are difficult to quantify. It may take half a year or even a year to see whether a product is successful or not.
Therefore, the bonuses for the R&D department are all paid out as year-end bonuses.
"Xingyi Zhijia, special contribution award, Meng Qingzhen, rated S, year-end bonus of 500,000!"
"Thank you, Chairman." Meng Qingzhen came to the stage to receive the award. His annual salary of 300,000 yuan has directly reached 800,000 yuan!
"Xingyizhijia left it to you, and I didn't disappoint!"
Wang Yi encouraged, then changed the subject:
"Xingyi Intelligent Department has reached intelligent cooperation with more than 30 mainstream brands in the past year, which has played a huge role in promoting the development of Xingyi Smart Home and created more than 50 billion in revenue!"
"Xingyi Intelligent Department, rated S, 6-8 months year-end bonus."
"Special Contribution Award, Sun Shengyu, rated S, year-end bonus of 500,000!"
Xingyi Smart Home is a self-developed product, and Xingyi Intelligence empowers third-party companies with intelligence!
Both business units are very important.
For example, Xingyi Intelligent and cooperation with Yanlord, Longfor and other companies are all promoted by them.
Xingyi Smart Home is only responsible for R&D, production and sales.
"Next, the game division."
""Star Hunters" has been widely welcomed since its launch. The total global revenue exceeds 5 billion, rated S! All members of the R&D team receive 6-8 month year-end bonuses!"
Director Ma's expression became a little unnatural: "The revenue of "Star Hunter" is so high? Where are we DNF?"
"DNF's total revenue last year was 4.8 billion."
"What? DNF is not as good as "Star Hunter"?" Ma Dong looked confused: "It's impossible, right?"
The subordinate was very helpless: "Chairman, "DNF" originally had a revenue of 5 billion, but since "Star Hunter" was launched, a large number of users have gone to play Star Hunter."
Chairman Ma: "..."
"In addition, playing DNF requires a computer and an Internet connection. You can only play it when you go home or your dormitory, so the limitations are relatively high. And "Star Hunters" is a mobile game, and it also has Star God Card and Xiao God Card's unlimited data package.
You can play anywhere.”
"Alas!" Ma Dong sighed: "Yes, with the rise of smartphones, the future is the era of mobile games."
The general trend is that Ma Dong is helpless.
At the moment, the most profitable PC games are "League of Legends", "CrossFire", and "DNF". Together, the three of them generate more than 10 billion in revenue a year.
But a few years later, with "Honor of Kings" and "Genshin Impact", the annual revenue of a single mobile game easily exceeded 10 billion!
The revenue-generating ability of mobile games is completely unmatched by PC.
"It's okay, our "CrossFire" revenue last year was 5.7 billion, and I have the advantage!" the vice president said with a smile.
Unexpectedly, Wang Yi changed the subject and said: "Subway Surfers has more than 200 million users worldwide and more than 50 million daily users. It became the most downloaded game in the world in 2012, with global revenue exceeding 6 billion! Rated S! All members of the R&D team
6-8 months year-end bonus!”
The corner of the vice president's mouth twitched: "!!!"
Ma Dong was also speechless for a moment: "..."
"I never expected that a small game like "Subway Surfers" would surpass "Cross Fire"!"
The vice president said harshly: "It's okay, Chairman, the global revenue of "League of Legends" last year was as high as 7 billion!"
Director Ma sighed: "Idiot, don't forget, "Star Hunter" and "Subway Surfers" have only been online for more than half a year. In other words, this is their revenue for more than half a year!"
"We made 6 billion in just over half a year. This..." The vice president didn't even know what to say.
I thought that "Star Hunter"'s annual revenue of 5 billion would be terrible, but I didn't expect that "Subway Surfers" would be even more ruthless, reaching 6 billion!
And it’s half a year!
In the previous life, "Subway Surfers" was just released and quickly became the top three most downloaded mobile games in the world.
Chuangmeng is the agent of "Subway Surfers", and its domestic revenue alone is one to two billion.
Nowadays, Xingyi Technology has released it earlier, coupled with Xingyi Technology's promotion efforts, Xingyi mobile phone push has become even more popular than in previous generations.
So in half a year, we won 6 billion.
Wang Yi continued: ""Defend Pomelo" is still a treasure. Its annual revenue in 2012 was 7 billion, rated S, and all employees received 6-8 month year-end bonuses."
""Happy Xiaoxiaole" is still brilliant, with annual revenue of 8 billion in 2012, an S rating, and 6-8 month year-end bonuses for all employees."
At present, the popularity and revenue-generating ability of "Subway Surfers" have surpassed "Defend Yuzu" and "Happy Games". However, because it has been online for less than a year, its annual revenue ranks behind.
Games are the most popular when they are first launched on the market, and then become more and more popular.
Even for "Happy Xiaoxiaole", the current monthly revenue is much lower than when it was first launched.
But even so, there are still billions in revenue a year.
This is the charm of popular mobile games!
Chairman Ma was filled with emotion: "I never expected that the biggest threat to Tencent Games would be Xingyi Technology!"
The vice president also had a complicated expression: "Xingyi Technology is great at making mobile phones and tablets, but I didn't expect that its soft power is so strong."
Director Ma nodded: "We can't be careless. In addition to continuing to focus on client games, we must also fully focus on mobile games."
Wang Yi continued: "Since "Ring Fit Adventure" is only available on the XOS system and can only be run on Xingyi TV, it has been on the market for more than a month and has still sold more than 15 million copies, with revenue exceeding 7 billion!
"
"This is the charm of somatosensory games!"
The barrage exploded:
"What? "Ring Fit Adventure" made 7 billion in one month after it was launched? Are you kidding me?"
"What's in this? The game itself is 200, the fitness ring is 299, not counting the game controller, one set is 4.9915 million copies, isn't it more than 7 billion?"
"Xingyi TV sold 77 million units and 15 million people placed orders, which is also a normal proportion."
"Yes, such a fun game, my Xingyi TV hasn't arrived yet, otherwise I would have bought it long ago."
“Who wouldn’t want to experience a motion-sensing game during the Chinese New Year? It’s just that other brands can’t experience it.”
"If you don't buy "Ring Fit Adventure", how can my X55 show off? I'm kidding!"
"It's so popular. No, I have to buy one. I will upgrade my X50 at home to the XOS system."
…
Without any surprise, the sales of "Ring Fit Adventure" have reached another peak.
Major game platforms are even more interested:
"Somatosensory games are really promising. They sold 15 million copies in one month. It's really scary."
"The buyout system seems to be good for games. If you sell 15 million copies or 200 copies, you can earn 3 billion. You can start a wave."
"The XOS game platform is open to third-party game developers. We can also make a somatosensory game and sell it on the XOS game platform, using fitness rings to operate it."
"That's right, Xingyi smart TV, XOS system, motion controller, fitness ring, fixed belt... they are all ready-made, and there is a 20% commission discount, so we can develop them directly."
For a time, many game developers had ideas.
in the country, as long as it is a money-making project, you never have to worry about no one doing it!
The annual meeting continued: "After its establishment, Xingyi Cloud Data Center has been serving as the cloud data service for the entire Xingyi Group, escorting the entire group, and providing cloud data services to the outside world, achieving considerable revenue generation. Rated S, all employees 6-8
Monthly year-end bonus.”
The revenue of Xingyi Cloud Data Center may not be the most prominent, but its function is the most core.
Essentially, all the business and revenue of Xingyi Technology and Meiyou Technology are inseparable from the Xingyi Cloud Data Center.
Especially for big promotions such as Double Eleven and Double Twelve, transactions are concentrated in a short period of time, which puts a huge load on the server.
However, the Xingyi Cloud data center carries it perfectly, not much worse than BAT's data center, or even better.
"Xingyi's AI algorithm department, Xiaoi Robot, has continued to make breakthroughs in the field of AI research and development, making a series of AI products such as Xiaoai Robot more intelligent. It is rated S and all employees receive 6-8 month year-end bonuses."
"Next, animation business."
Wang Yi continued: "After the great success of "Xia Lan", Ruo Sen also produced "Fights of the Sky", which broke the national comic record, was rated S, and all Ruo Sen staff received 6-8 month year-end awards."
"After the reset of "Qin Shi Mingyue", it became a hit on the entire network. Xuanji once again launched "Zhu Xian", which set off a ratings frenzy. It was rated S and all Xuanji staff received 6-8 month year-end awards."
"The 2D team produced "The Master of Demons", which also broke the domestic 2D animation ratings record, was rated S, and all members received 6-8-month year-end awards!"
"In 2012, the top five animations with the highest on-demand views on the entire network were "Fights Break the Sphere", "Zhu Xian", "Qin Shi Mingyue", "Xia Lan", and "The Patriarch of the Demonic Way"!
"Yes, the top five are all produced by Xingyi Animation!"
Thunderous applause echoed throughout the audience.
"Xingyi Animation is so powerful that it directly monopolizes the top five."
“The membership of Xingyi Video is so worth it, I’m surprised every day.”
"It is said that "Douluo Dalu" will be launched this year, so look forward to it!"
Wang Yi continued: "In the film and television business, "Nirvana in Fire" broke the ratings record and set off a national craze. It was rated S and the production team received 6-8 months of year-end awards."
""囧囧" is a dark horse at the box office of the year, raking in 1.8 billion in box office, rated S, and the production team received a 6-8 month year-end award."
…
"Next, Meiyou Technology."
"The apparel business has always been the cash cow of the group, year after year. The apparel department is rated S and gets a 6-8 month year-end bonus."
"Special Contribution Award, Chen Chuanqing, rated SS, year-end bonus of 1 million!"
"Special Contribution Award, Wei Ming, rating S, year-end bonus of 500,000!"
"Beauty business, outstanding performance, rated A, year-end bonus 4-6 months."
…
"Finally, Song Sining, President of Xingyi Technology Group and President of Meiyu Technology, was rated SSS and received a year-end bonus of 2 million!"
This year, Song Sining's annual income was the same as Williams', reaching 8 million, second only to Mr. Hu's annual salary of tens of millions!
I will never treat my own people badly.
"Thank you President Song for your hard work day and night!" Wang Yi personally presented the award to Song Sining.
Song Sining smiled sweetly, feeling that all her efforts this year were worth it.
Not for the 8 million annual salary, but because Wang Yi has her in his heart and is good enough to her!
"The commendation ceremony is over and the dinner begins. Let's eat well and have fun! You won't come back until you're drunk!"
Wang Yi smiled and spoke, the music started, and Xu Song walked onto the stage singing "Thousands of Baidus".
Immediately afterwards, Xu Liang, Xiao Ling, Xi Ye, Wang Long and other artists signed by Xingyi Media came on stage one after another.
There are more and more people in the live broadcast room:
"It's amazing. An annual meeting was turned into a New Year's Eve concert by Xingyi Technology."
"Holy shit, so many celebrities are artists under Xingyi Media."
"Xingyi Technology, True Hexagon Warrior."
However, in another city, many application vendors started small meetings:
"Everyone, did you understand Xingyi Technology's annual meeting? Wang Yi is just flexing his muscles for us and forcing us to adapt!"
"This is just one aspect. The most terrible thing is that Xingyi Technology is breaking the rules!"
"Yes, the software we worked so hard to develop will not reach 100 million users in two or three years. With the terrifying size of Xingyi mobile phone, they can have 300-400 million users just by building it into any system!"
"This is simply cheating and completely breaking the rules!"
Chapter completed!