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Chapter 276 World Internet Conference

Those companies were quite surprised when they saw that Shen Yi had donated 150 billion for charity.

Mengyuan Group has a lot of money and no place to spend it?

Or can this company make so much money a year?
In two years, 250 billion yuan was actually allocated for charity.

So much money may not be available to them for 10 or 20 years.

According to their guesses based on publicly disclosed data, Mengyuan Group's revenue this year is around 9 billion. If calculated at 000%, their profit should be 25 billion.

This is equivalent to taking out one-fifteenth of the total profit for charity, which is really worthwhile.

Looking at their research and development expenses, it is even more exaggerated. Last year it was 600 billion yuan, and this year they will invest a full 1 billion yuan. This is one-ninth of the revenue, which is a very high proportion.

What exactly is this concept now?

According to reports, in 2013, Apple's research and development expenditure was 45 billion petro coins.

For Four Star Electronics, it is 106 billion petro coins.

The research and development investment announced by Shen Yi is 1 billion Zhuxia coins, which is equivalent to 000 billion petro coins.

From this point of view, Mengyuan Group’s R&D expenses are more than the two world-class companies Apple and Four Star combined!

Apple ranks 15th in the world's top 13, and ranks [-]th in the four-star world's top [-].

The financial reports of these two companies in 2014 have not yet been released, so we can only use 2013 for comparison.

It is a miracle that they were able to stabilize such a huge cash flow.

……

On November 2014, 11, a world-class Internet Conference, referred to as WIC, was held in Mozhen, Yuejun.

This Internet conference is world-class, bringing together outstanding practitioners and leaders in the Internet industry from all over the world.

Here are not only leading figures from major Internet companies, but also political leaders and heads of international organizations from many countries and regions, and they all come to witness the continued development of the Internet.

This is the first time that this meeting will be held in China, and the address chosen is Mo Town, Yue County, and this address will always be chosen for future conferences, and future Internet conferences will be contracted here.

Many Internet industry elites at home and abroad gather in this place.

Among them are many old friends of Shen Yi, such as Liu Huaqiang, chairman of Guadong, Li Xiyang, chairman of Somao, and Wang Xing, chairman of Meituan.

And Shen Yi's enemies...

Yang Chao, Yang Shan, and the bosses of many Internet companies are here.

Shen Yi was very good at some things, so it was a bit awkward to meet them this time, especially the polar bear Yang Chao. Shen Yi persecuted them the most. He had a simple letter in his left hand and a flying book in his right hand.

The payment platforms used by Feishu and Jianxin are both built-in StarPay, and one is social networking with acquaintances, and the other is virtual social networking.

Both softwares support offline payment, but Feishu's payment platform is simpler.

Shen Yi's Feishu has a unique function, that is, when playing games or watching TV, friends' news will slide across the top of the screen like a barrage.

This form of barrage has been well received by all users, because it is so convenient that it is not easy to use.

This kind of function, Yang Chao has not dared to copy it until now, after all, he has been scolded by those netizens, and if there is another lawsuit, I am afraid that CC's market share will drop a lot.

I can’t afford to be hurt now!

Yang Chao's CC was out of breath from the two chat software, and the revenue of Polar Bear Company also shrank significantly.

This year's revenue is only 300 billion. You must know that in 2010, their revenue was as high as 196 billion. Originally, they were advancing all the way, but they were abruptly overwhelmed by the two softwares, Jianxin and Feichu. The road was blocked.

In the past four years, their growth has been very low, which has caused them to decline. A large number of arrogant soldiers who used to fight in the Internet industry are basically invincible, and they will copy anyone they don't like.

But now he was defeated by others in one fell swoop and fell to the bottom.

In the era of mobile Internet, they have declined into a medium-sized Internet company, which is almost the same as Meituan and Somao.

Inspired by Mengyuan Group, Xiaomi also raised the price a little bit, and finally managed to keep its market share, and won the second place in the domestic mobile phone market with super high cost performance.

And they are also sinking into the market. There are currently no excellent mobile phones on the market that cost less than 1000 yuan. The cheapest ones from Shen Yi start at 1599.

Xiaomi has made mobile phones under 1000 yuan, and their sales are pretty good, and they now occupy a place in the domestic market.

Now Shen Yi only produces three models of mobile phones every year, and he is actually protecting those domestic mobile phone companies.

He has eaten nearly 40% of the domestic share, and the system's share has reached more than 80%.

If you don't treat your competitors better in this situation, what will they think?
This is a complete monopoly.

Therefore, Shen Yi's strategy is to distribute fewer mobile phones in China and more mobile phones abroad.

Give up part of the market to domestic mobile phones and let them develop, so that if Mengyuan encounters an accident, they can also make up for it.

The brothers fought against the wall and defended against their insults.

Even if Shen Yi's company was sanctioned by the United States and caused a decline in their mobile phone sales.

That doesn't matter, because other domestic mobile phones that are also equipped with the Mengyuan system can make up for this part of the share.

As long as the mobile phone equipped with Mengyuan system is sold, then Shen Yi will have income...

The scenery of Mo Town is not bad. It belongs to the traditional small town in the south of the Yangtze River, with white walls and black tiles, and the houses are built by the river.

Apart from the seaside and the grasslands, there is no place Shen Yi would like to retire to the most. He also lived in a water town for a while.

That was a childhood memory that belonged exclusively to him. He only remembered that on the way to elementary school, what he wished most was for his grandpa to buy him a basket of steamed buns.

The steamed bun skin is crystal clear, and the stuffing inside is even more delicious. It doesn't feel too good to eat with vinegar, and the price is also affordable.

Shen Yi had known for a long time that there would be a World Internet Conference on November 11, so he came to Yue County a few days earlier and spent some time in Kuaiji.

He returned to that primary school, and the primary school was no longer what it used to be. Tall teaching buildings had sprung up one after another, and the crane crest he had planted in the garden before had disappeared without a trace.

At that time, the classmates called the Hedinghong he planted as onions.

The breakfast shop on the road has been converted into a stationery store. Things are changing, and the previous boss has gone to nowhere.

This made Shen Yi, who wanted to eat that Xiaolongbao again, a little disappointed.

The past is already in the past, Shen Yi can only face the present, and there will be no chance to do it again.

Looking at the buildings in Wuzhen, Shen Yi couldn't help but feel a little dazed, as if the past of this ancient town appeared in his mind.

(End of this chapter)