Stronger by Paying Salaries and I Have 1 Billion Employees

MetroPCS’s ”4G LTE for All” plan offered unlimited talk, text, and 4G data for just 55 US dollars a month, but its coverage was currently limited to only 14 cities.

Overall, mobile network speeds in the Lighthouse Country were in a transitional period, shifting from 3G to 4G LTE. The 4G network was still in its early days, while 3G still commanded over seventy percent of the market share. Average download speeds ranged from 5 to 20 MBps.

’At least short-form video apps have some room to breathe.’

Chen Yansen silently assessed.

In fact, his judgment was correct. Smartphone penetration in the Lighthouse Country was around 50%, and with the 4G network rapidly expanding, the hardware conditions were in place for the creation and sharing of short-form videos.

The progenitor of short-form video, Vine, had already launched back in January.

Instagram had yet to build a video-sharing feature into its app. However, according to the analysis from the Forest Research Company, available information indicated that Instagram had definitely begun research and development on a short-form video feature.

It was clear that internet entrepreneurs in the Lighthouse Country had already targeted the short-form video sector; they just hadn’t yet figured out the recommendation algorithms or a clear path to monetization.

Chen Yansen leaned back in his chair, already formulating a plan to tackle the North American market.

’It can’t be helped. To launch a short-form video app domestically, I’d have to wait at least another two years. It’s better to develop in overseas markets first, use the user data from Europe and America to optimize the recommendation engine ahead of schedule, and accumulate a user base.’

’Once the time is right, I’ll charge into the domestic short-form video sector.’

’Who should be in charge of the overseas market?’

’Liang Bo?’

’Is he up for it?’

Chen Yansen muttered under his breath.

’Liang Bo is technically skilled, but when it comes to business development, he’s just... adequate. He’s never made any major blunders, but he’s also never proposed an operational plan that was truly brilliant.’

’As for Zhou Shouzhi, I still need him to develop the smartphone markets in Europe and America.’

For a moment, Chen Yansen was torn. Should he have Zhou Shouzhi manage it as well, or should he find someone new for the role?