114: Chapter 114 Acquiring Musically, Harvesting the World!

Zhang Yiming pondered deeply,

Finally, he thought of a possibility.

He asked tentatively, "Little Boss Bai,

I think the reason our Douyin can stand out among many other similar products,

is very likely because we are backed by Huayao."

Zhang Yiming thought this way because,

Huayao is Douyin's largest shareholder,

and Huayao just happens to manufacture phones.

If Douyin wants to gain a larger market share,

it can use the method of pre-installing the app on phones produced by Huayao,

forcibly increasing the installation numbers.

This is also a unique advantage of Douyin

compared to other short-video platforms of the same type.

Bai Jingqing nodded: "If you think about it that way,

that is indeed a small part of the reason,

but I want to say,

this is not the core reason."

Zhang Yiming thought for a while longer,

and finally shook his head in disappointment: "I am still truly foolish,

please enlighten me, Little Boss Bai."

Bai Jingqing tapped his fingers on the table,

and calmly uttered one word: "Algorithms."

Zhang Yiming was still puzzled: "Algorithms?

What does this have to do with algorithms?"

Bai Jingqing nodded: "Yes,

Douyin's ability to stand out among other products of the same type

is fundamentally due to its algorithms.

This has a huge connection to algorithms,

you could even say algorithms are the decisive factor!

However, the algorithms I'm talking about aren't the programming or logic needed to build the app,

but the recommendation algorithm Douyin uses to suggest videos to users.

Only by letting users constantly see things they are interested in

will they keep watching.

Compared to other platforms,

they will be more willing to watch Douyin,

and that's how you can stand out.

Go back and think about it carefully.

As for this plagiarism matter,

don't worry too much about it.

Aren't they saying Douyin copied Musical.ly?

Then we'll just buy Musical.ly and be done with it, right?"

Zhang Yiming was stunned: "What?

Buy Musical.ly?

Is it really that simple and crude?"

Bai Jingqing nodded: "As long as we buy Musical.ly,

Musical.ly will be our own property.

Who can then say Douyin is plagiarizing?

Isn't it perfectly normal for different products under the same company to learn from each other?

With money, you can be this willful.

A problem that can be solved with money

is not a problem at all.

You don't need to worry about this anymore,

I will arrange for someone to handle it.

Just think carefully about what I told you today."

With Bai Jingqing taking action,

Huayao soon invested 1.3 billion USD

to buy Musical.ly.

At the same time, the online rumors about Douyin plagiarizing Musical.ly gradually died down and vanished.

Bai Jingqing patted Zhang Yiming on the shoulder: "Douyin has just launched,

I know you're under a lot of pressure right now.

In the initial stage, don't worry too much about profitability.

Think again about what I told you,

the core of Douyin is actually the algorithm.

Consider carefully how to create this recommendation algorithm.

As for what the future holds for Douyin,

let the bullets fly for a while!"

After buying the Musical.ly software,

Bai Jingqing suddenly realized he had overlooked a huge market—

the overseas market!

Our country's population only accounts for 1/5 of the global population.

Whether he wanted to harvest more profit points,

or explain it with a more noble reason—

that he wanted to promote the development of global Mobile Communications

so that people all over the world could use cheap and high-quality phones—

he had no reason to give up such a massive overseas market.

Moreover, the way Apple has become the giant of the global mobile industry today

is basically by relying on the global market.

Being a best-seller in the vast majority of countries worldwide

is the source of its confidence.

By making the market larger and larger

instead of being limited to the local market,

one can walk further and more steadily.

With this idea in mind,

he immediately began to recruit more people,

preparing to expand into overseas markets

and harvest the whole world!

The world is so big,

if he launched in various places globally all at once,

the required costs would be a bit too high.

Although Huayao has earned a lot of money now,

rashly investing in the entire world simultaneously

would be an irrational move.

Bai Jingqing decided to promote Huayao Phones to the world in a certain order.

First, he set his sights on India.

India and the Dragon Country share many similarities;

both are developing countries with large populations,

both are developing very rapidly,

and India is relatively close to the Dragon Country.

Both belong to Asia,

so whether in terms of supply or other aspects,

it is very suitable as the first step for Huayao to enter the global market.

Xue Haixin entrusted Huayao's phone business in the Indian region to a man named Guo Nanchuan.

This person was a Dragon Country citizen of Indian descent.

He had previously started a business in India,

also wanting to get into phones,

but the venture failed,

so he returned to engage in other work in the domestic mobile industry.

Being discovered by Bai Jingqing this time,

he was personally very excited

and made a solemn pledge: "I will definitely make Huayao's phone business in India a success!"

Guo Nanchuan, after all, had spent many years struggling and working hard in India,

so he had a certain understanding of the Indian mobile market conditions.

When Bai Jingqing asked him which phone Huayao should launch in India first,

Guo Nanchuan replied: "The xiaomi 4 would be very good.

The xiaomi 4 is priced at only 1,999,

its performance is decent,

and the camera is also quite good.

In India,

phones of this type generally sell for three thousand yuan.

As long as our price is low enough,

we will definitely achieve good market sales."

Bai Jingqing nodded

and left the entire matter to Guo Nanchuan,

being responsible only for the supply.

He decided to first give Guo Nanchuan 10,000 xiaomi 4 units and 10,000 Mi bands,

letting him start sales in India to see how it goes.

However, even though the xiaomi 4 was a product Huayao had released half a year ago,

Guo Nanchuan insisted that Bai Jingqing personally go to India to hold a launch event.

Bai Jingqing was unwilling to travel so far,

so he frankly stated that he was quite reluctant to go to India,

because he had always heard that people there eat curry rice

and drink Ganges water.

Setting aside whether it was actually hygienic or not,

just the appearance alone made him lose his appetite.

Moreover, he heard there were all sorts of infectious diseases there,

and he was genuinely afraid that if he went to India, he might not come back.

However, Guo Nanchuan said: "Little Boss Bai,

you don't understand India.

Indians are very concerned about 'face'.

They always feel they are number one in Asia,

and even second only to Eagle Country in the whole world.

If you can go there personally,

then we can make a big deal out of it,

showing that Huayao attaches great importance to India.

I believe doing so will make our phones sell even better."