I can become stronger by paying salaries. I have one billion employees!

Chapter 464 Chen Yansen: Mr. Ma, are you at it again? Pre-sale orders exceed 9000
Half an hour later, the opening ceremony ended and the main forum began.

Chen Yansen straightened the wrinkles in his suit jacket, walked straight onto the stage, and took the microphone from the host.

Unlike the previous Internet Conference, as the founder of Senlian Capital, this conference bypassed Ma Huateng, Ma Yun, and Li Keqiang, giving him the first speaking opportunity.

Last year, Chen Yansen was a rising star in the internet industry, but this year he has become an internet giant, surpassing even the 'BAT' (Baidu, Alibaba, Tencent) giants, and is regarded by Yanjing as the best promotional tool.

"Mr. Chen, over the past year, Senlian Capital seems to have made enemies everywhere, and is in fierce business competition almost every day."

What would you like to share about this? And how can one avoid being suppressed by competitors?

The host sat to the side, guiding the conversation.

Upon hearing this, the group of internet moguls in the audience couldn't help but smile knowingly and turn their attention to Li Yanhong.

In terms of sheer misery, Qiandu is undoubtedly number one.

Its core search engine business was halved by Lingxi Search, 360 Search, Sogou Search, and Penguin Search, resulting in a $60 billion drop in market value.

If it weren't for the major shareholders continuously buying back shares to stabilize Baidu's stock price, its market value would probably have shrunk by another billion US dollars.

Chen Yansen smiled faintly, quickly sorted out his thoughts, and said nonchalantly, "Actually, I'm very confused. Senlian Capital has never taken the initiative to provoke business disputes, but competitors are always coming one after another."

However, healthy competition can drive an industry toward prosperity, just like trees in a forest, which can only grow taller and stronger by competing with each other for sunlight and nutrients.

Senlian Capital is never afraid of competition, but we always adhere to one principle: we do not engage in malicious competition or short-sighted behavior that harms others and ourselves.

Over the past year, Senlian Capital has indeed crossed paths with its peers in multiple areas, and even formed rivalries in some sectors.

However, as we can see, whenever a new technological breakthrough or innovative business model emerges, it is often this orderly competition that accelerates the implementation of the results.

Chen Yansen has attended no fewer than fifty or sixty industry exchange meetings. With his speaking skills and logical thinking ability, he could talk for a whole day without repeating himself.

Kuaipao Takeaway and Qiandu Takeaway.

Kuaipao Group Buying and Qiandu Group Buying.

Kuaidi Dache and Didi Dache.

Gaode Maps and Baidu Maps.

Lingxi Search and Qiandu Search.

OFO bikes, along with yellow bikes and Didi bikes.

Pinbei, Yaomao, and Dong.

Yunsu is partnered with SF Express and Cainiao.

Orange Technology has partnerships with companies such as Shanxing, Apple, and Huawei.

……

As the host said, while Senlian Capital has grown rapidly, it has also acquired countless 'enemies'.

Chen Yansen paused for a moment, then continued, "As for how to avoid being suppressed by peers, my answer is simple: focus on doing your own thing well."

When a company consistently focuses its efforts on refining its products, optimizing its services, and improving the user experience, and when its existence creates incremental value for the industry rather than simply taking away from the existing market share, the so-called "suppression" will lose its foundation.

After all, true industry leaders never rise to the top by eliminating competitors, but by driving the entire ecosystem forward through their own growth.

In industries such as food delivery, group buying, ride-hailing, e-commerce, internet finance, and mobile phones, Senlian Capital has always been the target of 'copying'.

"As I believe everyone here knows, 4G licenses have been issued to China Mobile, China Unicom, and China Telecom, marking the arrival of the mobile internet era and the corresponding increase in network speed. So, Mr. Chen, among all these industries, which sector do you see the most potential in?"

The host continued to ask.

Chen Yansen leaned back and replied slowly, "Mobile Internet is the real Internet! It will accelerate the elimination of traditional industries. Education, healthcare and other industries are very likely to be restructured in the next five to ten years, and the iteration speed of smartphones will exceed everyone's imagination."

For example, online education, and bringing hospitals into your mobile phone—Orange Pay is working hard on this. Perhaps in the near future, users will be able to complete the entire process of registration, examination, consultation, viewing diagnosis results, and payment at the hospital using only a smartphone.

In fact, Orange Pay is not only trying to access medical resources, but also improving various life service modules, including paying water, electricity and gas bills.

These seemingly simple functions, in 2013, required resolving complex relationships and balancing the interests of all parties with every step forward.

Meng Yuanzhi was willing to support him, but if he moved to another city, it wouldn't be so easy to get the same treatment.

For Chen Yansen, having Huian as a pilot area was already a good thing. He believed that things had to be done step by step, and that he was more patient than outsiders imagined.

Once people see the benefits of 'online education' and 'online hospitals', other regions will inevitably extend an olive branch.

Starting with key points and expanding nationwide, Orange Pay aims to become a highly engaging lifestyle app, rather than simply a payment or financial management tool.

"Orange Pay's competitors are Zhifubao and WeChat Pay. Is Mr. Chen under a lot of pressure?"

The host asked with a smile.

"The word 'opponent' is inaccurate; it should be 'peer'! Privately, I'm good friends with both Mr. Ma from Tencent and Mr. Ma from Ali, so I don't feel any pressure."

I don't know yet whether they're under pressure; I'll ask them myself later.

Chen Yansen said, half-jokingly.

Ma Wenteng smiled without saying a word. He had high expectations for WeChat Pay. Although he had been drinking and chatting with Chen Yansen yesterday, there was a lot of competition between the two companies behind the scenes.

Businessmen prioritize profit.

Competition and cooperation are the norm in business districts.

Just like him and Zhou Hongyi, under Chen Yansen's matchmaking, the two could still appear at drinking parties arm in arm, toasting for a common goal, and then turn around and fight fiercely in the field of security services.

That's just how relationships are in the business world; there are no permanent rivals, nor are there absolute friends.

Only the coming together and parting of interests, through repeated games of power, propels the industry forward.

Ma Liyun smiled and nodded, indicating her agreement with Chen Yansen's statement.

He wanted to enter the O2O field, but he was afraid of being attacked.

While partnering with Kuai Pao delivery service, they were reluctant to give up Tao Diandian's delivery business.

Zhifubao and Orange Pay have been locked in fierce competition for merchants and customers offline.

Next, the host asked a series of questions, mainly focusing on industries such as internet finance, smartphones, and local services.

"Yu'ebao's fund size has exceeded 4000 billion yuan. Do you think the Internet is disrupting the financial industry?" Faced with the host's question, Chen Yansen was not fooled at all and said sincerely, "Yu'ebao is essentially a money market fund. It is an extension of financial and banking products. The financial industry is the root, and Yu'ebao is the branches and leaves."

The bank representatives in the audience smiled upon hearing this.

In their view, Chen Yansen was much better than Ma Liyun. Old Ma would often shout, "If the banks don't change, then we will change the banks."

Damn it, look at their tone! Anyone who didn't know better would think their banking association was a department of Zhifubao.

But these bank representatives forgot that among the platforms that rushed ahead, exploiting banks and frantically scrambling for high-net-worth users, the most ruthless was not Zhifubao, but Orange Payment.

Chen Yansen was always rational. He knew in his heart that there was no need to be quick-witted. He could just be humble on the surface and then strike hard behind the scenes.

Speak eloquently, and you'll reap the benefits.

Seeing this, Ma Liyun snorted inwardly; he did not agree with Chen Yansen's explanation.

After Alibaba submitted its IPO prospectus, Wall Street brokers practically wore out the doorstep of its headquarters, with a valuation approaching $1000 billion.

At this moment, Old Ma's ambitions were soaring to the heavens.

Chen Yansen glanced at Ma Liyun's expression out of the corner of his eye and immediately judged that once Ali went public, it would be the moment when the two of them broke off their relationship.

Half an hour later, Chen Yansen walked steadily off the stage and returned to his seat.

Several high-ranking officials from the central government in Yanjing nodded slightly, revealing satisfied smiles.

Chen Yansen's speech was commendable. He talked about everything from daily life industries such as express delivery, food delivery, and ride-hailing to mobile internet, mobile phone chips, operating systems, and lithium-sulfur batteries. He spoke with substance throughout and gave people a sense of competence.

He speaks gently, has a calm personality, and possesses a greater sense of the big picture than Ma Liyun, Ma Wenteng, and Li Yanhong.

The second person to take the stage was Ma Wenteng, who announced the cumulative number of WeChat users for the first time.

6 billion!
This number really startled many people.

While Baidu and Ali were actively transforming into internet companies, Tencent had already stepped into the mobile internet era.

With WeChat and QQ combined having over a billion users, even after deduplication, there are still five or six hundred million users. It would be difficult for Tencent to lose.

"Without WeChat, the fate of Tencent might have been a disaster."

Ma Wenteng couldn't help but sigh.

Fortunately, WeChat defeated MiTalk and Momo; otherwise, losing its mobile gateway would have been fatal for Tencent, though its decline would have been inevitable.

The mobile representative coldly watched the smug Ma Wenteng, preparing to showcase the "Fetion 2.0" plan at the subsequent sub-forum, intended to block the development of WeChat, MiTalk, and Momo.

What he didn't know was that even if Ma Wenteng learned about the "Fetion 2.0" plan, he wouldn't take it seriously.

Unless Fetion can fully abandon SMS revenue and expand its user base on a large scale, and then connect with users of China Unicom and China Telecom.

Otherwise, death is the only outcome!
After Ma Wenteng finished installing it, it was Li Yanhong's turn to install it, and he proposed the concept of lightweight applications, namely Web Apps, similar to WeChat mini programs a few years later.

It must be said that Robin Li has an exceptional business acumen, even more acute than a dog's.

But the Baidu Light App was destined to fail!
First, the technology is not mature enough; native apps store data on the user's device, which saves more data and provides a better user experience.
Secondly, the market environment is not suitable. The mobile internet is still in the development stage, traffic has not dried up, and there are many opportunities. App developers can still get considerable exposure through app stores and other channels, so there is no need to rely on the lightweight app model.
Finally, conflicting with its own business, Baidu spent $19 billion to acquire 91 Assistant, then turned around and created Baidu Light App, which is competing with itself.

Isn't this a joke?
Either use Baidu's lightweight apps to kill 91 Assistant, or abandon the lightweight app plan altogether.

"Mr. Chen, what do you think?" Ma Wenteng asked in a low voice.

"He's out of his mind, Mr. Ma. You wouldn't be thinking of copying him, would you?"

Chen Yansen answered very decisively.

He thought that Little Ma's old problem had relapsed.

"How could that be!" Pony Ma blushed and quickly denied it: "Qiandu's main products, such as search engines and maps, are all tool applications. They lack social scenarios, and the average user spends less than 10 minutes a day using them. User stickiness is not strong, and they lack social attributes."

Chen Yansen grinned, understanding Ma Wenteng's meaning: so he still wanted to plagiarize!
WeChat has a natural advantage in terms of traffic and social attributes.

One of these two has a keen business sense, and the other has excellent strategic vision.

This shows that even the most brilliant ideas are unlikely to succeed without reliable execution.

In terms of implementation, Tencent is slightly better than Baidu.

What Li Yanhong couldn't do, Ma Wenteng accomplished with great success.

"A complete waste! All he does is sell ads!"

Chen Yansen looked at Li Yanhong on the stage and gave a very fair evaluation.

After Li Yanhong came down, it was Zhou Hongyi's turn in order.

Unlike the other attendees dressed in suits, Zhou Hongyi was dressed like a JD.com deliveryman. As soon as he sat down on the sofa, he started yelling at Li Yanhong: "Search ads have no bottom line. People can't just throw away their conscience for money, can they?"

While cursing, Lao Zhou promoted his own "reliable medical care" and talked about the advantages of vertical search products.

Zhou Dapao lives up to his name, cursing people indiscriminately. Although he did not name names, it was obvious to everyone that he was cursing Li Yanhong.

Li Yanhong's face turned ugly as he stared at Zhou Hongyi with a sinister look.

Of course, Zhou's scathing attack on Li Yanhong wasn't about upholding justice, but rather about trying to erode more of the search business.

If 360 Search were to dominate the market, it might just be better at selling advertising than Robin Li.

The host next to him looked distressed and kept trying to wink at Zhou Hongyi, signaling him to be mindful of the occasion.

The high-ranking officials from the central government below the stage had dark faces and wished they could call for someone to drag Zhou Hongyi down.

But in the end, they didn't take action, after all, 360 has done a lot of work in the field of internet security and blocked many overseas hacker attacks.

After Zhou Hongyi had vented his anger, he steered the conversation back to the topic of internet security construction and new achievements.

at the same time.

With pre-orders for the Model S LR exceeding 9000 units, Musk, after a moment's thought, decided to personally travel to China.

We are in-depth communication with DeepBlue Technology in order to obtain more favorable supply prices and a source of higher-performance lithium-sulfur batteries.

(End of this chapter)