You call this entrepreneurship?

Chapter 552

Ma Huateng is very nervous now. Most of Penguin's income now comes from these memberships and online game revenues.

Now that membership is free, the only profit left is from online games.

If even the online games have problems, then the Penguin’s financial situation this year will be disastrous.

Even Ma Huateng himself didn't know how many more years it would take to recover.

Hearing Mahuate's question, Qin Shaoyan was speechless, "Boss Ma, are you questioning my business reputation?"

"I, Qin Shaoyan, have been on the Internet for so many years, relying on just one word."

"Credibility!"

"Since I agreed to cooperate with you Penguin and customize an online game for you, I will definitely keep my promise and will never go back on my word."

"Didn't we sign a five-year contract?" Qin Shaoyan said firmly, "In the next five years, Chuxin Games will cooperate with Penguin Games to grow bigger and stronger and create greater glory."

"Then again, Chuxin Games is my own company after all. Who would want to go against money, right, Mr. Ma?"

“Uh…” Ma Huateng was speechless for a moment, not knowing what to say.

Qin Shaoyan continued, "I am just one of the shareholders of Sentinel Technology, and I don't want to be involved in many things."

"Although VV and Penguin are unhappy about this matter, it will not affect our other cooperation."

“I can still tell the difference between making money for others and making money for myself.”

"If Mr. Qin says so, I'll feel relieved." Ma Huateng smiled, "Isn't it good for us to cooperate and make money? Why make such a mess? No one will benefit. The market is big enough to accommodate both of us."

"The dispute between QQ and VV ends here, okay? Let's compete fairly from now on, okay?"

"Well, I agree too." Qin Shaoyan laughed, "Then let's compete fairly in the future and let the products speak for themselves."

"Okay!" Ma Huateng also agreed.

The words "fair competition" are what he really meant. The competition between QQ and VV has been in full swing for more than half a year and it has been quite lively on the Internet. Although they have gained a lot of new users, the cost is huge.

Not to mention the huge amount of publicity and marketing expenses, the free membership alone has caused Penguin to suffer heavy losses.

This means that Penguin will give up half of its profits in the next five years.

So what is the final result?
It seems that Qin Shaoyan admitted defeat, but did the penguin actually win?
If we just look at the data, Penguin is a huge winner. The number of registered users of QQ is five times that of VV, and the average daily online users is twice that of VV.

However, the number of users of rival VV is also growing, its scale is larger than before, and it is still doing well.

Winning is the same as not winning, after all, the strategic goal has not been achieved.

After hanging up the phone, Ma Huateng calmed down for a while.

The competition between QQ and VV cannot be resolved in a short period of time. It must be long-term and comprehensive. It is unrealistic to hope to achieve success in one battle.

Therefore, there is no point in being anxious or regretful in the current situation. Next, we should calm down and prepare for long-term competition with VV.

Ma Huateng also reflected on it carefully, wondering how the originally good situation had turned into what it is now.

The penguin looked at the flourishing situation, but it was just a castle in the air.

QQ is Penguin's most important core product and its main source of profit.

Half of the company's revenue is derived from QQ products, and the source of income is somewhat single.

Once problems arise in the core business, revenue will drop sharply.

Qin Shaoyan's competition this time directly hit QQ's core business, causing the QQ membership system to collapse.

……

"We must make changes!" Ma Huateng said to Zhang Zichao seriously, "Currently, Penguin's income is too single. We can't rely solely on QQ. We must explore new sources of income."

Zhang Zichao also agreed, "We should indeed expand new revenue sources. The gaming sector is growing very fast now, so we should focus on supporting it." Zeng Qing from the Marketing Department also agreed with this proposal, "NetEase, Sentinel Technology, Shanda, most of these companies' profits come from online gaming, which is even their only source of income. The online gaming market is a gold mine that has not been fully developed."

Ma Huateng looked at Ren Yuxin, the vice president in charge of the gaming business, and asked, "What is the current situation of the gaming department?"

Ren Yuxin, executive vice president of the interactive entertainment business system, quickly began to report, "At present, our online games are divided into two parts. One is to act as an agent for other manufacturers' online games, and the other is to operate our own online games."

"We are currently the agent for 12 online games, mainly Counter-Strike Online and Sword Heroes. The number of online players of these two online games has exceeded one million. Counter-Strike Online has more than 1.4 million online players, and Sword Heroes has 1.8 million online players. They will exceed 2 million in the first quarter of next year."

Ren Yuxin raised his head and everyone present was silent. He hesitated for a moment and did not continue speaking.

Ma Huateng asked directly, "What percentage of the revenue from these two online games accounts for the gaming business?"

"Nearly 70%." Ren Yuxin replied.

Ma Huateng sighed, "Have you ever looked for similar online games?"

"We have watched some, most of them are FPS, but most of them are from South Korea." Ren Yuxin replied, "For example, the most popular Korean game "Battlefield King", "Special Forces", and "CSOL" we have also watched."

"Have you introduced it?" Ma Huateng continued to ask.

"Uh..." Ren Yuxin was a little embarrassed. "The quality of Korean online games is still good, but there are also many problems. One is the problem of operation and communication. The production capacity in Korea is limited, and it is difficult to meet our operation needs."

"The second point is the problem of plug-ins, which is the biggest problem of Korean online games."

"The third point... Take the online game "Battlefield King" that we are optimistic about as an example. It is very popular in Korean Internet cafes and the game graphics are also good, but it has very high requirements for computer configuration, and the mainstream configuration of domestic Internet cafes cannot support it."

Ma Huateng's face darkened. "So, there is no online game that can compare to the two games made by Qin Shaoyan?"

"In terms of game quality, playability, and R&D team capabilities..." Ren Yuxin hesitated, "There is really no other comparable one."

"What about the ones that are a little bit worse? Anything that is slightly acceptable will be fine." Zhang Zichao interrupted.

"That's not the case either." Ren Yuxin was also helpless, "Let alone one level difference, there are very few that are two levels different."

Zhang Zichao was shocked, "Is the online game made by Qin Shaoyan really that powerful?"

"He's called the number one producer for a reason." Ma Huateng sighed, "The game engine alone is unmatched, not even abroad."

"We can't put all our hopes on external game companies. We also need to develop our own online games. Mr. Ren, don't you have your own R&D department?"

"Yes, QQ Speed ​​is pretty good." Ren Yuxin straightened his back subconsciously.

"Yes, I know that Yao Ziming is in charge." Ma Huateng nodded, "You should set up two project teams, and develop both the FPS and horizontal fighting games."

"Okay, Mr. Ma." Ren Yuxin naturally understood what Ma Huateng meant. "Mr. Ma, we have hired a new producer from Chuxin Games. His name is He Jinrui and he is very capable."

"Hmm?" Ma Huateng suddenly became interested. "I heard that he went to Shanda, didn't he?"

"After finishing the ZT project, he had a falling out with Ju Ren over bonuses and came to us," Ren Yuxin said excitedly, "I arranged an MMORPG project for him, and I plan to replicate ZT or Warring States Online."

"Good! Good! Good!" Ma Huateng smiled, "We must increase investment in self-developed projects!"

Ren Yuxin smiled. The biggest beneficiary of this chat software war was their gaming department.

Ma Huateng approved more than a dozen game projects at once, and at the same time asked them to increase the introduction of high-quality foreign online games, and strive to completely get rid of their dependence on Qin Shaoyan within two to three years.

"How is the beauty show project going?" Ma Huateng suddenly asked.

Zhang Zichao smiled and replied, "It's almost ready to go online. I've seen it, and the effect is very good."

Ma Huateng's eyes lit up and he asked, "How does it compare to the beauty tool?"

"It's about 70% to 80% effective." Zhang Zichao explained, "It's mainly because of the tight time. Otherwise, it would be no worse than the beauty tool."

"Well, that's fine." Ma Huateng smiled, "In that case, we can go online directly."

"This time, we are targeting the vital point of Sentinel Technology!"

(End of this chapter)