Chapter 420 Go abroad to make some money



After Minister Wang finished speaking, he glanced at the four people and then continued.

"These are all big names in the internet industry, and they have a very thorough understanding of the internet business."

I wonder if any of you have noticed a problem.

That is, this is an industry that relies very little on real-world resources, yet it boasts the highest valuation of all industries.

Foreign internet companies have taken advantage of this characteristic to make a fortune off our country.

Two years ago, Google made money in our country without any scruples and was eventually expelled from the country. But now it is still making money in our country by using the Android system, browser, advertising and investment.

However, his behavior was relatively law-abiding, so we didn't pay much attention to it.

Previously, most of the models of our country's Internet industry were based on those of foreign countries, so the country never thought of retaliating.

But in the past two years, the domestic internet market has developed rapidly, with food delivery, group buying, and live streaming booming.

So, the top leadership thought, could we send some outstanding Chinese internet entrepreneurs abroad to earn some money and bring it back?

What are your thoughts, gentlemen?

Minister Wang's words were already very clear, and all four of them understood them.

The government wants them to stop their internal strife, unite against external forces, and relocate their industries overseas. At the same time, the government cannot provide support, so whether they make a profit or a loss is entirely up to them.

This made the group a little embarrassed.

First, there's Google. In the international search engine market, Google almost monopolizes the market.

Moreover, Google now controls not only the search engine on PCs, but also the browser, and even the powerful Android system on mobile devices.

How can Baidu, which can only rampage in China, snatch food from the tiger's mouth?

To be honest, if Google hadn't been expelled from the country, it's questionable whether Baidu would even exist now.

Next is Alibaba, which has two main businesses: Taobao and Alipay.

One of the main reasons why Taobao has developed so well in China is the country's excellent logistics system.

The online shopping industry abroad actually developed many years earlier than in China, so why hasn't it developed as rapidly as in China?

Because compared to domestic logistics companies, the speed at which overseas logistics companies send packages is simply terrible.

It's like comparing the speed of one person riding a rocket to that of another riding a horse-drawn carriage.

If Alibaba expands overseas, it will lose all its advantages. It can't possibly take the major express delivery companies like STO Express, YTO Express, ZTO Express, and Yunda Express with it.

Alipay, as a third-party payment tool, is actually heavily reliant on the political environment.

Foreign countries are capitalist countries, where capital is the boss and whoever has money calls the shots.

So who are the richest people? The first and foremost group is those who own banks!

Those who opened banks, thanks to the capital they accumulated before the internet, all became capitalists.

They then used this initial capital to invest in other industries. As times changed, the family grew stronger and more people were engaged in various industries, and a capitalist family was born.

Initially, these bank owners simply wanted people to deposit their money in the banks so they could then invest it in other industries to make money.

But then they realized, "This won't work. All the money is in the bank, and people don't have money to spend. How can we promote social development if people don't spend?"

Therefore, banks have launched bank cards, which allow you to make purchases directly at major shopping malls, making it very convenient.

But later, the bank discovered that people were becoming reluctant to spend money as the numbers on their bank cards dwindled every day.

What should we do?

So later, they came up with a plan: you deposit your money with me, but I'll lend you a sum of money so you can use it anytime. You pay me back whatever you spend each month, and I won't charge you interest.

If you can't pay it back, I can arrange for you to pay in installments, but there will be a little extra interest each month.

When people abroad heard this, they thought, "Hey, this is great! It not only saves us the trouble of carrying cash, but it can also be useful in an emergency."

Therefore, credit card penetration is particularly high overseas, and people have long been accustomed to using credit cards.

It would be too much trouble to suddenly ask them all to switch to third-party payment software, and the shopping malls might not even support it.

Most importantly, if these third-party payment software companies aren't large companies with capital backing like Apple Pay or PayPal, who would dare to provoke banks like this and tell ordinary people, "Please deposit your money with me instead of in banks"?

That person probably won't see the sun rise tomorrow.

So, in China, you can see elderly women in their seventies and eighties posting QR codes for payment on their stalls in the farmers' market, but abroad, you may not even see QR code scanners in large supermarkets.

Then there's Tencent (TX). Tencent's QQ is only popular in China; very few people use it abroad.

The most widely used instant messaging software abroad is WhatsApp, which covers more than 180 countries and regions.

Even if Tencent wants to seize the market, it won't be something they can do in a short time.

Besides instant messaging software, Tencent's games are also very profitable in China, but they lack originality, which is quite awkward. The only original games might be Happy Landlords and Double Deduction, but foreigners don't play them.

The currently wildly popular "League of Legends" is actually a game by the US, except that Tencent has invested in it. Although Pony Ma (Ma Huateng) doesn't know that Lin Chen is already the largest shareholder of the game.

However, Tencent has actually been secretly ahead of other companies. Tencent has invested in more than 100 games and more than 80 companies overseas, and has made a lot of money in US dollars through these investments.

Finally, there's Star Technology.

From this perspective, Star Technology is actually the company with the biggest advantage.

Although his Pinduoduo, Huasuan Pay, and Mixin all face the same problems as Alibaba's Tencent.

But his games are all original, and Genshin Impact has already gone global.

Even recently, some brainless Korean netizens were criticizing Genshin Impact on foreign websites, saying that there was no Korean presence in Genshin Impact.

If Liyue in Genshin Impact corresponds to China, then Mondstadt corresponds to the United States, Inazuma corresponds to a simple life, Sumeru corresponds to India, Fontaine corresponds to Venice, Nata corresponds to the Americas, and Winter Solstice corresponds to the Russians.

So, some brainless Korean netizens started criticizing, saying that since South Korea's land area accounts for half of Asia, why isn't South Korea in Genshin Impact?

People across Asia were completely baffled. What the heck? When did tiny South Korea become half the size of Asia?

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