The diva and I cross each other

Chapter 475 Luo Ming's Internet Empire
As soon as Sister Shan came back, Lin Shuwen felt liberated.

With Sister Shan around, Lin Shuwen doesn't need to take care of most of the work. All that is sent to Lin Shuwen are some documents with signatures and seals.

The only flaw is that this week Lin Shuwen and Luo Ming are swapping places. Last week she was very busy, but this week Luo Ming came here and just enjoyed life.

Lin Shuwen naturally wouldn't give Luo Ming a free ride, so every day when she arrived at the company, she would use the administrator's privileges to put her soul back to its place and enjoy a life of idleness.

Zhuoguang Technology has been very busy recently, so I'd better take some time off if I can.

Counting the time, Toutiao has been online for almost two months.

Now the number of users of Toutiao has exceeded 5000 million, and the growth rate is still very satisfactory.

Especially after the establishment of Toutiao, more and more news self-media people have settled in Toutiao, attracting many new users.

Zhuoguang Technology has also started to accept various advertisements on Toutiao since early July. To be precise, with the popularity of Toutiao, some advertisers have taken the initiative to approach it.

For the first batch of advertisements, Rongmu chose relatively stable manufacturers, and the advertisements he took were mainly for snacks, beverages, and condiments, all of which were well-known brands.

Such as various spicy strips, potato chips, Coca-Cola, Pocari Sweat, soy sauce, chicken essence, etc.

The splash screen ads have not been sold, and recently they have been used to promote "The Return of the Great Sage".

The main reason why Rongmu is so conservative is that Toutiao is a newly launched APP, and major manufacturers are unlikely to pay a high price. It is better to accept some short-term advertisements first. These advertisements are generally changed once a week, and the charges for each advertisement vary depending on the number of times it is pushed.

These advertisements will be pushed to different groups of people based on big data. They will be placed in the middle of the news so that users can see them when they read the news.

At the same time, some simple classification tests can be conducted on Toutiao users to see their acceptance and tolerance of advertisements.

The most expensive advertisement in the first batch was Coca-Cola, which cost 300 million yuan a week, and the rest of the advertisements were around 100 million yuan each.

Of course, the first batch of advertisements is just the beginning. In the future, there will be more and more advertisements on Toutiao, and they will become more and more expensive.

This is traffic monetization.

Today is July 7th. Counting the time, the advertisements on the headlines have been on for almost a month.

Luo Ming naturally received the relevant financial reports.

During these four weeks, Toutiao's advertising revenue reached more than 3140.36 million yuan, averaging 785.09 million yuan per week.

Nearly 800 million in advertising revenue per week is still quite impressive for an app that has been online for less than 2 months.

The top executives of Zhuoguang Technology were very satisfied with this, but Luo Ming seemed very calm.

Because during the peak period of Toutiao in its previous life, advertising revenue reached 12.7 billion in one week.

Luo Ming traveled through time at the end of 2023. He remembered that ByteDance's revenue in 2022 was 852 billion yuan, a year-on-year increase of 38%, and gross profit increased by 41%.

77% of the revenue came from advertising, which is approximately US$658.81 billion.

Of these advertising revenues, Douyin contributed nearly 62.77%, and Toutiao ranked second, accounting for 12.29% of the total revenue, or approximately US$84.98 billion. The average weekly advertising fee is US$1.64 million, or 11.97 billion Chinese yuan.

When Luo Ming first saw this data, he was stunned. This was too much! Luo Ming was so envious that he almost drooled.

Comparing 11.97 billion yuan with 785 million yuan, it is not even a fraction of the other party's amount. The gap is too huge. This is also the key reason why Luo Ming's heart was not shaken.

However, Toutiao is just getting started now, and Luo Ming believes that subsequent advertising revenue will increase little by little.

"Knock knock~" The sudden knock on the door interrupted Luo Ming's thoughts.

"Come in."

Li Yan pushed the door open and walked in, handing a document to Luo Ming with both hands: "Boss Luo, this is the document that Boss Rong asked me to bring to you."

Luo Ming nodded, took the document, opened it and quickly read through it.

The document is the technical assistance agreement between Zhuoguang Technology and Baidu.

Zhuoguang Technology will package and sell the fourth-generation big data algorithm to Baidu, and Baidu will share the results of their AI research with Zhuoguang Technology.

This agreement was discussed by Luo Ming and Mr. Li of Baidu during the Internet Conference.

Mr. Li sent someone to discuss this matter almost immediately after the Internet Conference ended.

However, big data algorithm is the core technology of Zhuoguang Technology, and the same AI technology is also the core technology of Baidu. Although the presidents of the two companies set the tone for cooperation, the relevant negotiations took more than three months before they were finally finalized.

Now the big data algorithm of Zhuoguang Technology has reached the fifth generation, and the technical reserve of the sixth generation has been basically completed. The fourth generation is an obsolete technology. Luo Ming thinks there is no problem in exchanging it with Baidu for their AI technology. However, there are only two working groups under Tong Mingwei in Zhuoguang Technology that are engaged in AI research. The leader of one working group, Zhou Haolan, was recruited by Rongmu. He is a good friend of Rongmu. The main model of their group is currently based on image recognition.

Another working group is led by Wang Nan, who is mainly responsible for the research of Go.

The image recognition working group has more than 70 people and is the main AI technology research team of Zhuoguang Technology. Tong Mingwei also often visits this group to conduct research with them.

Wang Nan's team working on AlphaGo had only more than 30 people, only half the number of the image recognition team. Most people in the company did not take Wang Nan's work team seriously. Many people thought that Wang Nan was able to join the company because she was Mr. Lin's senior.

Wang Nan didn't care about it and just kept working.

Now that the cooperation between Zhuoguang Technology and Baidu has been reached, Luo Ming plans to let Zhou Haolan and Wang Nan be responsible for receiving their AI technology from Baidu.

As for Zhuoguang's big data algorithm, Luo Ming plans to let Tong Mingwei send a working group directly over. The technical department is not short of people now. The college graduation season has just ended, and many of the college students recruited by Zhuoguang have already started working.

Today, the number of people in the technical department alone is close to 1000, and other departments together have more than 800 people. The total number of people in the Zhuoguang Technology headquarters is 1807.

Luo Ming therefore talked to the Shanghai government and asked them to approve two more floors for office use.

Although 1807 people may seem like a lot at the Zhuoguang Technology headquarters, in reality only the technical department has sufficient staff.

The art department of the Zhuoguang Technology headquarters is now divided into two groups. One is the art group, which is responsible for the art design of apps such as Neihan Duanzi and Toutiao, and the other is the art work of Zhuoguang Entertainment.

The other one is Sunny Animation, which is naturally responsible for the production of various animations.

The original art team had more than 90 people, and Sunny Animation has more than 220 people.

Sunny Animation is responsible for "Nana", "Ne Zha" and also co-produces "K-ON!" with an animation company from the island country. These 220-plus people are barely enough.

Taking advantage of the opportunity of this graduation season, Sunny Animation recruited another 80 people, bringing the number of employees at Sunny Animation to 300.

The art team recruited 150 people at once. Previously, the 90-plus people in the art team were very busy, but now that the new Palu has arrived, the workload has been reduced a lot.

The technical department and the art department are the departments with the most staff in Zhaoguang Technology at this stage, with a total of 1553 people in these two departments.

The remaining department is the finance department headed by Rong Mu and the human resources department headed by Lin Shuwen, which together have only 87 people.

As for the planning and marketing department, logistics department, and security department, these three departments with little presence have a total of 163 people.

These are all the staff members currently working at the headquarters of Zhuoguang Technology.

Then there are the four subsidiaries: Zhaoguang Games, Zhaoguang Entertainment, Zhaoguang Bio, and Zhaoguang Venture Capital.

Zhuoguang Games now has 1022 employees, 70% of whom, or more than 700 people, are responsible for game development and maintenance. Then there are 150 artists, and the remaining 150 people are in marketing, personnel, administration, and logistics departments. The overall structure is similar to that of the headquarters Zhuoguang Technology.

There are a total of 426 people in Zhuoguang Entertainment, of which 43 are contracted artists, including superstar Zhang Songzhi.

Wen Wan, Sun Ling, Aurora, and Shen Zhongming, who became a first-line star with "Those Years" and "The Legend of Sword and Fairy", are the first-line stars of Zhuoguang Entertainment.

The rest are second- and third-tier stars and five people who are developing in the anchor track.

Apart from these artists, there are agents, star assistants and various employees who assist the artists in their work, totaling 241 people.

Of course, these employees of Zhuoguang Entertainment do not need to serve the artists of the two affiliated studios of Zhang Songzhi and Sun Ling, they only need to be responsible for the company's artists.

Finally, there are trainees, finance, publicity and other employees.

It is worth mentioning that Chen Junmiao manages the Weibo operations of Zhuoguang Entertainment himself. If there is a need to control comments or purchase hot searches, Zhuoguang Technology will directly provide technical support.

Although the cinema chain is affiliated with Zhuoguang Entertainment, in fact, all matters of the cinema chain are handled by Lin Shuwen and have nothing to do with Zhuoguang Entertainment.

There are 22 people in Zhuoguang Bio. The company's CEO is Qian Ning, and the rest are people recruited by Qian Ning himself. The 22 people occupy a large conference room in the company as an office, and are responsible for business negotiations to activate innate immunity.

Zhuoguang Venture Capital is in Bingzhou, and Rongmu remotely invests in some medium-sized enterprises. There are only 13 people in the whole company, so there is nothing much to say.

This is the current staffing structure of Zhuoguang Technology, with a total of 3290 people.

More than 3290% of these 95 jobs are high-paying jobs that are more than twice the local average salary.

And this is just the beginning. Once the construction of Zhuoguang Technology’s headquarters in Shanghai is completed and Douyin goes public, Zhuoguang Technology will surely usher in a larger-scale expansion. By then, most of these 3290 people will become the core employees of Zhuoguang Technology in the next stage.

Luo Ming's Internet empire has taken shape.

(End of this chapter)