One is ICQ, which has already captured the market and is developing steadily; the other is QQ, which entered the market later but has strong potential.
Poro hesitated.
The Middle East has a large population and many wealthy countries, and its network coverage has been continuously upgraded in recent years.
Poro looked at Aliya earnestly and asked, "Do you think this Israeli product is worth investing in?"
Upon hearing this, Aliya immediately shook her head.
"It's not that this product lacks development potential, but rather that the market it's in doesn't have the conditions for it to take off."
Everyone in the conference room looked at her curiously. Aliya continued, "Although Israel is open, relations between countries are not very good, making it difficult to promote online social tools in the Middle East."
"Given the religious atmosphere in the Middle East, the isolation between different ethnic groups, races, and beliefs, it would be very difficult to develop a product that meets everyone's expectations."
"That would be such a pity." Po Luo finally gave up and turned his attention to QQ and ICQ instead.
“Alia, this time we are jointly investing with Asia Travel Capital. You will represent Yellow River Capital and go with Cyber to Penguin Technology Company for an inspection.”
"We hope you can bring us good news."
"Understood, boss."
The investment director of Yellow River Capital is Aliya, a Chinese. This time, he went to Tencent Technology with the company's risk control manager and Cyber to inspect potential cooperation projects.
If the intention to cooperate is confirmed, Yellow River Capital will join forces with Asia Travel Capital to jointly invest in Tencent Technology.
Upon learning this news, Boss Ma was very enthusiastic and instructed Zhong Xinxin to give them the highest level of hospitality.
After all, although QQ has expanded its market in China, it has not yet found an opportunity to enter Hong Kong and Taiwan.
Although both markets are small, if these two markets are developed, firstly, he can enter the British market through Hong Kong, and secondly, he can enter the markets of island nations and South Korea through Taiwan.
Tencent's approach to blocking ICQ is not to confront them head-on from the outset, but rather to gradually devour their market share.
Cyber and Aria led a group of people to the headquarters of Penguin Technologies.
......
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