Chapter 327: Outbreak Development (two in one chapter)(1/2)
Starting from April 30, with the hit release of "China Partners" and Li Yu's crazy hype, the number of downloads and users of the revised Moyu Chinese app, Xiaoxiang Academy app and Moyu Mall app continued to surge.
increase.
“From April 30 to May 15, the Moyu Chinese App has been downloaded 32.44 million times, with 29.32 million active users and 8.56 million new active accounts.
Including the PC version of Moyu Chinese website, the effective users of Moyu Chinese website reached 35.56 million, an increase of 70% in half a month. The goal of adding 30 million new users this year has been completed ahead of schedule!"
Following Wu Wenbin's report, everyone looked at their boss Li with admiration.
At the beginning of the year, Li Yu requested that Moyu Chinese website add at least 30 million new users this year. At that time, everyone thought this was an impossible task.
As a result, less than half a year later, the impossible task has been completed...
Although there is an unexpected element like "China Partner" in it, even if it is not, Moyu Chinese website will develop at a normal pace and can easily complete this task before the end of the year!
The boss is the boss, stand tall and see far...
After scanning the management of Moyu Chinese Network, Li Yu nodded with satisfaction.
These people are all old people who have started their own business, and they have lived up to their own expectations.
"Very good, I am very satisfied with this result!
But what I want to say is that the 30 million growth target is just the beginning, not the end.
I hope you will continue your efforts and strive to achieve another small goal of 30 million in the second half of the year!"
As soon as Li Yu finished speaking, the smile on Wu Wenbin's face suddenly became more relaxed.
Fortunately, Li Yu is not the kind of person who "just lets the horse run and doesn't let the horse eat grass." He then gave everyone on the Moyu Chinese website a carrot and a piece of flatbread.
Li Yu first ordered Zhao Fang:
"Mr. Zhao, the overall performance bonus of Moyu Chinese Network in the second quarter will be doubled. Specifically, it will be distributed according to the size of contribution. Everyone must see the bonus increase, but it cannot be distributed evenly..."
The bonus is a carrot, you can eat it when you take it home.
Li Yu's pie is aimed at management.
"I see that you have all bought a house recently, and you probably don't have much money on hand. The implementation of equity incentives will be postponed until the end of the year. As long as the number of effective users can increase by another 30 million before the end of the year, I will allocate equity to you based on the valuation at the end of June!"
As soon as the equity incentive pie was drawn, the senior executives of Moyu Chinese Network immediately felt as if they had been given a shot of blood. Senior executives of several other subsidiaries also cast envious glances.
The equity incentives of Moyu Technology Company are limited to subsidiaries. Take Moyu Chinese Network as an example.
The company hired a third-party professional consulting company to evaluate the market valuation based on user scale, daily activity, monthly activity, revenue, revenue, development speed and potential.
This market valuation can be understood as the valuation at which external investment companies are willing to invest in Moyu Chinese Network.
After calculation, the current market valuation of Moyu Chinese website is 500 million yuan.
This number is actually not an exaggeration. There are 35 million effective users, advertising and author sales are the main sources of income, a large number of high-quality novel copyrights, and the potential for rapid development...
If Li Yu is willing to offer 500 million yuan for financing, the investment company can make a breakthrough.
Of course, since it is an "equity incentive", Li Yu will naturally not use market valuation to sell equity to management.
6 fold!
According to the equity incentive timing, 2% of the equity will be allocated to the management at a 40% discount on the company’s market valuation.
Converted to the current Moyu Chinese website, it is an equity worth 10 million yuan, which is sold to the company management at a price of 6 million yuan.
With this equity incentive alone, a CEO like Wu Wenbin can earn hundreds of thousands, equivalent to two years of salary income!
And as time goes by, he can continue to receive dividends from the company's development...
Just doing equity incentives now has such benefits, not to mention Li Yu's promise to provide equity incentives at the current valuation at the end of the year!
After the pie painting of Moyu Chinese Network was finished, the atmosphere in the entire conference room became more enthusiastic.
The two Internet subsidiaries Moyu Mall and Xiaoxiang Academy, as well as a cup of milk tea, Qiangwei Clothing, and Nanshan Winery are also within the scope of equity incentives.
Next, several other subsidiaries also completed their reports one after another.
The Xiaoxiang Academy app has been downloaded 6.77 million times and has 4.45 million effective users. Counting PC users, the number of effective users is 5.08 million.
Although this number cannot be compared with Moyu Chinese website, in terms of growth rate, Xiaoxiang Academy's data is absolutely terrifying.
470%!
The original number of users of Xiaoxiang Academy was only over one million. In this round of growth, it has doubled several times, which is a performance myth!
Li Yu is relatively satisfied with this result, but Xiaoxiang Academy CEO Hu Chengfei feels a little regretful.
She feels that the main reason why Xiaoxiang Academy’s user growth is not as good as Moyu Chinese website’s is the content of the website.
Xiaoxiang Academy now only has dozens of serialized novels, and more than a hundred completed novels that she bought from external websites. With such little content, it is impossible to retain users.
If you can acquire and integrate the resources of several small websites...
Hu Chengfei's eyes were fiery.
Especially knowing that "The Legend of Zhen Huan" on our website is about to be made into a TV series. Once the TV series becomes popular, it will definitely bring huge traffic to Xiaoxiang Academy!
If it is still like now, with all the traffic but no customers, then she will really cry.
"Mr. Li, what I told you last time about acquiring the website, do you think it can be implemented?"
Hu Chengfei looked at Boss Li expectantly and asked.
Whether he is investing in movies, TV series, or website construction, Boss Li is a rich man.
However, Boss Li delayed the acquisition of the female video website for a long time, which made Hu Chengfei a little anxious...
Li Yu was also a little helpless about this.
The drift bottle was not strong enough. He tried it seven or eight times but there was no information about the acquisition of a female video website. He was not sure whether it could be operated...
Considering that the company's morale is now strong, Li Yu cannot dampen the enthusiasm of the management. After some thinking, he decided to believe in himself once.
"Okay, you can contact several websites first, acquire one of them first, and then see the effect after integrating resources. If the effect meets expectations, then continue to acquire the second one."
When Boss Li finally nodded, Hu Chengfei almost jumped up with excitement.
"Okay, Mr. Li, don't worry, I will do everything beautifully!"
"Okay, then I'm waiting for your good news. In addition, if the number of active users of Xiaoxiang Academy reaches 20 million by the end of the year, we will also give you a round of equity incentives."
Li Yu is talking about equity incentives, not equity incentives based on current valuations. After all, there is a slight difference between the two.
However, Hu Chengfei knew that the current performance of Xiaoxiang Academy was not enough to compare with Moyu Chinese Network.
Li Yu's promise of receiving equity incentives has exceeded her expectations. She was originally thinking about getting equity incentives next year...
Both novel websites have won the big pie of Boss Li's equity incentive. Next, the executives of Moyu Mall are already looking forward to it.
When it comes to making money, among all Moyu Technology companies, Moyu Mall is the most powerful.
However, Moyu Mall also has its own shortcomings, that is, its own hematopoietic ability is insufficient. It mainly relies on internal blood transfusions from the two major novel websites, so when they face novel websites, they always feel that they are one step short...
Under the expectant eyes of the management, Su Lin compiled the data slowly and then slowly reported it.
Compared to other people's hindsight, Su Lin had actually known about Li Yu's decision for a long time.
It is even said that part of Li Yu's decision this time was Su Lin's suggestion. The two of them discussed many things while doing it at home...
The number of downloads of the Moyu Mall app in half a month was 4.54 million, and the number of effective users was 2.62 million.
Moyu Mall does not have a PC version, but the websites and apps of Moyu Chinese Network and Xiaoxiang Academy are embedded with Moyu Mall, which has contributed nearly 15 million effective customers.
The effective customers of Moyu Mall refer to the users who have made purchases on the website. These are all sources of Lilan. In terms of value, they are much higher than the effective users calculated by the novel website.
In addition to the growth in the number of users, the main performance of Moyu Mall depends on sales and Lilan.
New business promotion, plus site-wide price reduction promotions to welcome new users, Moyu Mall completed sales of 110 million in just half a month!
Lilan 29 million!
In the first few days, the sex toy business was mainly driven, contributing 30 million yuan in sales.
When the new business bonus period subsided, the mall's sales began to balance out. Clothing still accounted for 60%, while medicinal wine and sex toys took the other 40%.
Although Moyu Mall mainly relies on the company's internal user conversion, it is a big moneymaker after all, and its status and importance in the entire Moyu Technology Company is self-evident.
Accordingly, Li Yu also made a promise similar to that of Moyu Chinese website: the number of users of Moyu Mall will increase by another 10 million before the end of the year, and the annual profit will exceed 300 million.
The valuation realizes equity incentives.
This meeting not only affirmed and summarized the previous performance, but also set the tone for the development in the second half of the year.
The big pie through equity incentives has once again inspired the fighting spirit of the company’s management!
All in all, it was a successful meeting and a great meeting...
Ahem, I'm exaggerating. This is actually a swindling meeting where the boss paints a pie for the employees. The whole process is full of blood.
After Li Yu finished drawing the pie, Chen Jihua, CEO of Moyu Technology Company, based on Boss Li's spiritual instructions, formulated a task breakdown for each stage and proposed specific work arrangements.
Finally, Chen Jihua also made a suggestion to change the name of Moyu Technology Company to Moyu Technology Investment Group, referred to as Moyu Group, and formally implement group corporate governance.
For this kind of management matters, Li Yu is also happy to let professionals handle it.
After all, I didn't spend a high salary to recruit Chen Jihua just to use him as a vase...
To be continued...