For example, if you click in and there are all kinds of news, and if you like to read entertainment stuff, the algorithm will remember you and recommend more entertainment stuff to you in the future.
Later, he applied this algorithm to Douyin.
"How many users are there?"
"Already 20 million!"
"It was established more than a year ago and it has reached 20 million, which is amazing..."
Yao Yuan came to praise his seniors. He is really a senior. Zhang Yiming was 3 years younger than him in 1983.
"How to make money?"
“It’s mainly advertising. We will insert ads into articles, and the revenue will also be shared with self-media creators. Simply put, the greater the traffic of your article, the higher the share will be.
This was inspired by your community and videos.”
Zhang Yiming is a programmer, but he also knows how to flatter people. Yao Yuan smiled, turned to Milner and asked: "What do you think?"
"Can!"
Milner nodded and joked: "If you don't make similar products, [Today's Toutiao] will have great prospects."
Hiss!
Zhang Yiming's heart twitched and he quickly looked at Yao Yuan.
Fortunately, Yao Yuan did not give affirmation and said with a smile: "My Weibo is enough. Sometimes there are too many products, which is not conducive to the development of the group. Our current strategy is to cast a wide net and invest more."
"So we all have the willingness to invest, what do you think?" Milner asked.
"Of course I welcome you, I wish you all the best!"
Zhang Yiming is really happy. He received US$1 million in financing last year. After more than a year, he has almost spent the money and is in urgent need of capital injection.
Moreover, Yao Yuan is known as a good man and a benevolent man.
"Okay, we'll have someone contact you to discuss in detail... It's getting late today, so we should leave."
The two stood up and said goodbye.
Yao Yuan shook hands again, cordially and said: "I didn't expect that by joining in the fun, I could find such a potential stock. Now that Internet innovation is slow, we need people and products like you to make users love it. Keep working hard!"
"Thank you for your encouragement!"
Zhang Yiming was so flattered that he walked him downstairs in person and watched the two vehicles go away before giving up.
Returning upstairs, the employees were discussing with high spirits:
"I didn't expect Commander Yao to come too. It's my first time to see him in person!"
"Yes, we even rented someone else's house!"
"Commander Yao is indeed as rumored. He has no airs at all. That foreigner is neither salty nor bland."
When he saw him coming back, he asked, "Boss, how much can you get this time?"
"My goal is 15 million US dollars, but it depends on how others value it. The initiative is not in my hands... Okay, okay, everyone, keep working!"
Zhang Yiming clapped his hands and resumed his daily business.
The most unstable thing about a start-up company is that it lacks funds and can go bankrupt at any time. If someone is willing to invest, the employees will have peace of mind.
the other side.
Yao Yuan clicked his tongue in the car. Zhang Yiming was a bit similar to Zhou Hongyi, but a little more sophisticated than Zhou Hongyi. He didn't know Zhang Yiming well, so he should pay more attention to him and his team in the future and give him and his team strong care and help.
I only know that there is Yao, but I don’t know that there is Zhang!
…………
WeChat Pay was launched on August 1st and is growing at an average rate of 300,000 users every day; since the launch of Shanhui, it has been rolled out to 300,000 merchants in one month, with a monthly transaction volume of 1 billion.
Everyone is on pins and needles.
Yao Yuan, the reborn person, disrupted the situation and became crazy, causing many things to change or appear in advance.
For example, Tencent will not invest in Dianping until next year. As a result, under huge pressure, Tencent has to speed up its reaction and response measures.
"Tencent has just announced that it will make a strategic investment in Dianping! It is the same as the previous 99, the same amount is 400 million US dollars, and it owns 20% of the shares."
"QQ payment is now launched and will be connected with Tencent's products one after another!"
“The mobile payment war is about to begin!”
"Official: Will continue to promote NFC mobile payment!"
…
Hangzhou West Lake.
The long landscape path by the lake was crowded with tourists, and the Leifeng Pagoda on the mountain was clearly visible in the sunset. Xiaoqing and Xiaobai were not sure where they were.
A medium-sized cruise ship was slowly moving forward on the lake. The lotus flowers were still in bloom and the appearance was just right. People on the boat were shouting and vying to take pictures.
Wang Xing sat alone in a corner, facing the lake and mountains, frowning, and occasionally raising his head, his eyes wandering aimlessly - he heard that there was Lao Ma's private club near the West Lake, and the guests were all dignitaries.
I have never been invited.
Of course, he is not being petty because of this. He is self-aware that Meituan is not as big as the big companies, it is not yet stable, and it is unclear whether it can survive.
In 2011, Meituan completed two rounds of financing. In the first round, Sequoia Capital invested US$12 million, and in the second round, Sequoia Capital and Alibaba invested a total of US$50 million.
He was excited for a time, thinking that he would get resources and support from Ali, but in the end, Ali didn't even look at it and started his own Juhuasuan business.
After Juhuasuan pounced, Alibaba seemed to remember that there was such a thing as Meituan and gave some support.
This made Wang Xing feel very cold. Comparing the products invested by 99 and Tencent, even if he is not his biological son, he is at least a godson, and the resources are very good.
Ali is different.
If you are not fully acquired by them, they will at most treat you as a fire-burning girl who will starve to death.
Wang Xing didn’t want to deal with Alibaba, but Yuetuan was aggressive and quickly grabbed market share. Meituan was a little overwhelmed. Moreover, Tencent invested in Dianping, which made him even more sleepless.
"Arrived!"
"Be careful!"
"Go up there to Leifeng Pagoda!"
The boat swayed and docked at the shore. Wang Xing got off the boat with a confused look on his face. He stood there for a while, then went out to the roadside and took a taxi to head to Ali's headquarters.
Alibaba’s headquarters is in Xihu District.
The building was so majestic that Wang Xing looked up. He took a few deep breaths, strode in, and saw Jack Ma in the office with the sign "Peach Blossom Island" hanging on it.
Wang Xing saw an inscription on the wall at first glance: "It is better to find treasures than to give up integrity. You can't find treasures but you can't give up trust."
"This is a calligraphy treasure left by Teacher Jin Yong when he visited Ali in 2004."
Ma Yun explained with a smile, with pride still on his face. He has been obsessed with martial arts all his life, and it has been engraved in his genes for a long time. Later, he filmed "Gong Shou Dao".
Jet Li also pressed: "No one here is short of money, it's all about a common dream and promoting martial arts..."
Um.
"Speaking of which, we haven't met many times and haven't had a good chat yet. I'm very happy that you came here today."
"I'm ashamed that I haven't come to visit you. I really have no choice but to ask you for help this time."
Wang Xing was not in the mood to make polite remarks and went straight to the point: "You must know about Yuetuan and Dianping. Meituan is in a very bad situation right now. We lack funds and hard currency."
"I understand funds, but what do you mean by hard currency?"
"Good ideas and technologies, such as Yuetuan's flash discounts, are combined with WeChat payment and are expanding very quickly. Dianping has also launched activities similar to flash discounts, and they have QQ payment support.
Meituan uses Alipay, so I implore you, can you also launch a flash discount product??"