Recast youth

Chapter 850 Wang Xin’s restlessness
Ye Feng has always had thoughts about w5173.

Now w5173 has become the leading virtual game website trading platform in China. It is very popular and will reach its peak in the next three to five years. Its value is also very high. This year, it also won the "Computer World" and Domestic Investors The annual "China Internet Most Potential Project Award" jointly selected.

But my family knows their own business. After 2010, the w5173 virtual trading platform will gradually step down from the altar. It is just like navigating a web page. At first, few people understand computers. It is necessary to navigate the web page to accurately guide netizens to where they want to go. website.

But now the number of people who need to navigate the web has slowly decreased.

So how to change the fate of w5173 during its rising period?This requires change, and this change is also disruptive, related to the future layout worth hundreds of billions.

It is also Ye Feng's biggest trump card.

Wang Xin has no experience of being a human being in two lives, so she doesn't know what Ye Feng is thinking, but she also has her own judgment. She thought about it and said to Ye Feng: "At present, w5173 is a very mature website. I have also seen it. The turnover of w5173 is more than 1000 million a day. The peak turnover is still rising. In the next three years, it should reach a peak. It can be said that your website is very thoughtful and powerful. As a third-party platform , the cost is small and the return is big, so in the past few days, I have moved other departments, but this department has not been moved.”

Ye Feng nodded.

Currently, the turnover of w5173 is very high. In the beginning, Lanshan Company relied on w5173. Now most investors’ attention is attracted to Lanshan Company’s game department. Little do they know that w5173 is currently making a fortune. Most Internet companies are looking for venture capital. In a state of losing money and burning money, how many Internet companies can have a daily turnover of more than 1000 million?
Except for the tax bureau, Li Ping and Ye Feng themselves, no one could imagine that a virtual trading platform website could achieve a turnover of more than 1000 million a day. This is also called hiding wealth.

The reason is simple. Ye Feng does not need venture capital or financing now, so there is no need to make a big splash. Unless he wants to go public, he will choose to disclose Lanshan Company's annual financial statistics.

Wang Xin paused and continued: "But this type of website has a fatal flaw."

"Oh? What are the shortcomings? Let's talk about it." Ye Feng laughed when he heard this and became a little interested.

Wang Xin glanced at Ye Feng: "It seems you have noticed it a long time ago."

Ye Feng said: "You tell me your opinion first, and I will see if it is consistent with mine."

Wang Xin saw that Ye Feng was thinking carefully, so she didn't take it seriously. She smiled and said: "At present, w5173 is a c2c vertical website. Its main business method is to use a third-party hosting platform to make profits. To put it bluntly, w5173 is a c[-]c website." The question is, will game publishing companies continue to tolerate their profits being sucked away by foreign platforms like blood-sucking mosquitoes on game publishing companies? Impossible. As the game industry matures, they will definitely create their own own platform to achieve the effect of internal digestion.”

Ye Feng nodded: "That's right, keep going."

"Also, the profits of your company's web games are not low now, right?"

Wang Xin's throat was a little dry, so she picked up the teapot and refilled herself a cup of tea, took a sip of tea, and continued: "With the progress of society, PC games will gradually decline and web games will rise, so the profit model will completely change. Games If the manufacturer collects money directly, what should you do with your website?”

"Let's make a bold assumption here."

Wang Xin continued: "From the earliest communication mobile phones to the current semi-smartphone Java program games, if games are played on smartphones in the future, then it is impossible for everyone to have a computer and carry it with them at all times. The mobile game market It will definitely eventually replace the PC game, or at least occupy a large part of the PC game market. So what should you do with your w5173? As the saying goes, if you don’t think too far, you will have to worry about the near future. If you take these future development trends into consideration, then you can be a company. The core principles that keep the company moving forward.”

Hearing this, Ye Feng was convinced. After all, a vice president who came from the headquarters of a top company like Yahoo is so powerful. Ye Feng asked: "Well, I agree with everything you said, so what should I do according to you? "Sell the website when it is at its highest value, or use the website's traffic to build a new business website. Have you heard of Amazon?"

Wang Xin was afraid that Ye Feng had not heard of Amazon in China, so she explained to Ye Feng: "Amazon is a foreign online e-commerce company and one of the earliest companies to operate e-commerce. At first, it only operated online book sales. Now it has become the company that sells the largest variety of goods in the world, and companies that involve people's livelihood needs are the only way for an e-commerce website to go forward in the long run, because it will not become outdated."

At this point, Wang Xin suddenly remembered and said to Ye Feng: "By the way, there is a Taobao in China, which is based on the website created by Amazon. You can also refer to it."

Ye Feng smiled wryly.

How come he doesn’t know about Taobao?

One of the most powerful companies in the past life, and one of the few companies with a market value of over one trillion.

After thinking about it, Ye Feng told Wang Xin his true purpose. Because Wang Xin had already demonstrated her outstanding vision, there was no need for Ye Feng to dig deeper. After all, not everyone has his God's perspective. In the past life, there were more than one billion people in the country. How many people have a God’s perspective?

No matter how arrogant Ye Feng is, he will never think that he is the smartest person among more than a billion people. He said to Wang Xin: "We are not going to do e-commerce. We will do something else."

"How to say?"

Wang Xin's keen business sense smelled something unusual in Ye Feng's words. He should have had plans for w5173 for a long time. Otherwise, he would not have asked her what she thought of w5173 as a department. Wang Xin also wanted to hear from Ye Feng. of high opinion.

Ye Feng's eyes were ambitious and he said to Wang Xin: "I plan to split the w5173 payment system into a link and establish a separate third-party payment platform. In the future, all w5173 transactions, including game transactions, will use this payment software. Payments, committed to providing simple, safe and fast payment solutions."

"What about the later stage? What do you plan to do in the later stage?"

Wang Xin looked at Ye Feng with burning eyes. From the layout in front of Ye Feng, she knew that Ye Feng must have a back-up plan.

"In the later stage, we will focus on developing the security and diversity of the payment platform. We have tentatively named the payment platform Lanshan Payment." Ye Feng said to Wang Xin in a bewitching tone: "You said that one day, Lanshan Payment has become a reliable payment platform for the domestic public, which can realize functions such as balance inquiry, credit card repayment, recharge of phone bills, inter-bank transfers, etc. So what is its potential?"

"I think you are crazy. If you do this, let alone negotiating with the bank and follow the steps you mentioned later, you will also touch the bank's cake. Do you want to go to jail?"

Wang Xin showed her uneasiness in front of Ye Feng for the first time. Payment platforms have always been available abroad. PayPal was a platform created in 1998 and was acquired by eBay for US$2002 billion in 15. However, the domestic financial environment is completely incomparable with foreign countries. , foreign countries are already mature systems, but China is still exploring. The payment system is not only the cornerstone of traditional finance, but also the fulcrum of cross-border subversion of new technologies. If it is established, it will definitely weaken the bank’s physical branches and online banking, making it eventually Losing control over customers and becoming a channel.

This is not an innovation at all, but a way of seeking death.

(End of this chapter)