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437 Future Directions

Zhou Juan, who is in charge of headline video, said: "Mr. Zhou, there are also many advertising spaces on Toutiao video. If Mr. Wang needs it, he can give it to Douyin all."

"Okay." Zhou Yujie nodded and said, "But it's best if it's on the APP. Douyin won't develop a PC version."

Zhang Jindong, who is in charge of the game, said: "Why would you let Honor of Kings promote Douyin event? As long as you register a game user on Douyin, you can get a certain virtual prize?"

"That's great. With the number of users in Honor of Kings, it is enough to increase Douyin's new users by 10 percentage points." Wang Xiaowei laughed.

Nowadays, many of Toutiao's businesses have matured, and there are two that are recognized by the outside world as the most profitable business, totaling Quxin Yu'ebao. The funds behind Yu'ebao have already mastered trillions of funds, and the daily interest rate is close to a small goal.

The second most profitable game is the game. Toutiao’s games have overcome difficulties overseas. On the ranking of the world’s most profitable game APPs, there are 3 of the top ten Toutiao games, with an annual net profit of more than one billion US dollars.

While it is successful overseas, it is also very successful in China. The development team led by Zhang Jindong has achieved very good results, while the other "Honor of Kings" is even more popular. It is said that the number of users of this game is as high as tens of millions.

More importantly, these people are groups that are easy to accept new things. If they can be attracted by game conditions and download Douyin, they will definitely be attracted by Douyin in the future.

Ultimately, whether it is Douyin or the game, the more loyal users are those with weak self-control.

Zhou Yujie nodded and said, "I know that in the past few years, competition has begun to occur within the group. I still support appropriate competition. You can try every means to compete for user time and advertisers. These are all fine. However, in terms of traffic diversion, I still don't want everyone to curb each other, which will not benefit us.

New businesses will be generated in the market at any time. If we fail to seize the opportunity due to internal problems, the opportunity will be captured by others. The cake of the entire Internet industry is so big, even different industries will influence each other."

In the Internet industry, almost 1 billion netizens in China are the limit of the number of users. The average 4-6 hours of Internet access limits the total Internet traffic time per person is limited, that is, 4-6 billion hours.

No matter what business, social, news, games, etc., after all, the competition is user time. Online shopping, takeaway, online car-hailing, games, etc. in the traffic export industry are limited by the overall economic value of the entire country. If you attract money too much, it will definitely affect other industries. The most extreme example is that someone spends several years of salary to play games. In this case, can you still expect him to order takeaway in the future?

Therefore, Zhou Yujie has acquiesced to compete with his companies over the years to a certain extent, because such things are difficult to avoid in large companies, but the bottom line is that he has to take into account the strategic layout of the head office.

"Don't worry, Mr. Zhou, we still know the importance of it." Lin Youde said first.

Zhou Yujie nodded and continued, "If anyone else has nothing to do, let's leave the meeting first. Mr. Lin stayed. I have one thing to discuss separately."

"Okay." Everyone nodded and then left.

Zhou Yujie smiled and said, "Lao Lin, the headlines have basically taken shape and basically have businesses that can be developed. I plan to let you take over the position of CEO. What do you think?"

"I'll take over? Then you?" Lin Youde asked in confusion.

Like Zuckerberg of Facebook, Zhou Yujie started his business at a very young age and has always controlled the entire company. Whether it is equity or operation, the experiences of the two are very similar.

Whether outside or inside, everyone thinks that Zhou Yujie will at least be like Zuckerberg, and will control the entire company for a long time. After all, this is also normal. Lin Youde never expected that Zhou Yujie would be ready to give up the position of CEO so soon.

Although Zhou Yujie will serve as chairman after giving up the position and is still the absolute controlling shareholder of the company, there are certain rules for large companies to take up their positions. Even the founder cannot pass it at will and give up this position. At least many major events that do not involve the company's development will not be convenient for Zhou Yujie to intervene.

Zhou Yujie said: "People's energy is limited. I will continue to serve as the chairman of the company. I will still be responsible for the company's strategic development plan, but it is forgot about operational matters, and it will still be left to professionals to take care of. Part of my energy will be placed in some scientific research and charity fields, which may be more valuable in this aspect."

With the current scale of Toutiao, Zhou Yujie's own rebirth dividend has basically ended. After Douyin develops, the future development direction can only be explored by yourself. In this area, Zhou Yujie will no longer be arbitrary, and the team has become a very important factor.

Lin Youde said: "In fact, if Shuidichou and Mutual Protection develop, their contribution to charity will not be worse than pure donations. As for scientific research direction, is Mr. Zhou still ready to enter the field of unmanned driving vigorously?"

"Unmanned driving is a headline project and has nothing to do with my scientific research." Zhou Yujie smiled and said, "My scientific research direction is actually biotechnology and environmental protection. However, I have specialties in my industry. I should not directly invest in R&D, but instead find some promising and future companies to invest and assist within my ability.

It is also possible to use Toutiao’s resources, especially if similar projects have achieved results and need to be promoted, Toutiao is the best tool.”

Unmanned driving is the future development direction of Toutiao, and it may not be successful in ten years, but large companies must seize the opportunity, because once they are missed, there may be no chance again. Zhou Yujie has no prophetic advantage in this kind of project, so he can only develop it by himself.

As for biotechnology and charity projects, Zhou Yujie cannot involve them himself. However, with strong capital, participating in early investment can help development and may make profits in early investment.

Of course, if you lose nine out of ten investments, it is very risky, but if one of a hundred succeeds, it is enough.

"We are also happy to be able to help charity projects and promote them for free." Lin Youde said with a smile.

Zhou Yujie continued: "Lao Lin, the first thing you have to do after becoming the company CEO is to completely separate from Toutiao."
Chapter completed!
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