Rebirth: I Have Nothing But Money!
Chapter 121: No Need To Endure Anymore (10/10)
At this moment, in the Qiandu headquarters in the imperial capital on the other side of the dynasty, Mr. Li was holding a meeting on the launch of the "group buying" project.
He muted his cell phone, but... he happened to see the micro chat sent by Su Can, "Li Yanhong, are you scared?"
Mr. Li, who was presiding over the meeting, couldn't help but smile when he saw this message. He laughed on the spot in the meeting, then raised the corners of his mouth slightly and said contemptuously:
"Glory founder and chairman Su Can, an 18-year-old boy, just now sent a message saying: Li Yanhong, are you afraid?"
Mr. Li glanced around the conference room with blazing eyes: "Everyone, do you think I, Li Yanhong, are afraid of me? Who am I afraid of? Everyone, do we Qiandu people give in?"
"no way!"
At this time, the chief financial officer in charge of Qiandu's finances said, two words, but powerful: "We at Qiandu will never admit defeat!"
good"."
"Since Glory wants to go to court with us, let's fight!"
"How much cash flow does our company still have on its books?"
Mr. Li asked loudly.
Before Honor came out, even at the beginning of this year, Qiandu was still the absolute leader among Chinese Internet companies.
It is obvious that the CFO is confident when he can say this categorically. That is because Qiandu has abundant cash flow!
And all this money was used by Qiandu for emergencies, including starting several subsequent projects——Since Honor is attacking Qiandu, Qiandu must fight back.
And it is targeting the Honor Group's currently rapidly expanding business of "group purchasing" or, to be precise, "takeout delivery". This time, Mr. Li is ready to play a big game.
at the meeting.
Mr. Li patted the conference table and roared in a low voice: "The board of directors has high hopes for this project. We want to compete with Meituan. Now Meituan has established a foothold in Pengcheng and has begun to radiate throughout Guangzhou. And we are the first The goal for this quarter is to occupy the imperial capital market!"
"Are you confident?"
There was silence at the conference table.
Long before Meituan was acquired by Honor, Meituan founder Wang Xing was a well-known careerist in the industry, and he was a business genius.
The person in charge of this project actually does not have much confidence in being able to compete with Meituan. After all, he is backed by a big tree like Honor, and he thinks he is not as good as the main star.
the most important is.
I heard that Su Can gave Wang Xing 5 billion RMB to expand the market size. Under the premise of crazy expansion, Meituan actually achieved no losses and even made a profit.
Although the food delivery market is still a blue ocean, but with competitors like Meituan, the project leader feels that according to Mr. Li’s temperament, including members of the board of directors,
It is impossible to give this project too much funding.
It's impossible to exceed the 5 billion figure.
"200/Z!"
"I will give you 20 billion, and I will also give you the top development team... I ask again, do you have the confidence to defeat Meituan for me?"
Mr. Li shouted at the top of his lungs.
200/Z?
Directly provide 20 billion in funding!
When the project leader Xu Tao heard this, his eyes almost popped out, and he hurriedly said: "Mr. Li! No problem, I promise to complete the task, give me half a year, half a year! In just half a year, I can win the Imperial City market!"
"What?"
“Half a year!!!”
"I'll give you a month."
"It took Meituan King a few months to basically occupy the entire food delivery market in Guangdong Province, but it actually took you half a year to occupy a market in the imperial capital?"
"I'll say it again, what I gave was 20 billion, not 200 million."
Xu Tao suddenly showed a troubled expression.
Although there is no takeout software in the Imperial City for the time being, trying to cover the entire Imperial City within a month is really a mess. After all, it is troublesome to communicate with the stores.
"what are you thinking about?"
"There is a ready-made model. Just copy the homework for me. As long as we surpass them, we will be the big brother in this industry! We have the final say."
Mr. Li said bluntly.
Copying work is common in the Internet industry. Among them, the most famous copying work is of course Goose Factory, which imitates competitors' business models and operational processes.
Learn, imitate, surpass, finally monopolize and make money!
Mr. Li has already said it so bluntly, so what else can Xu Tao not guarantee? It must be a fatal thing for him to think about the business model, but just copy the homework, sprinkle water 0
"No problem! I promise to complete the task."
Xu Tao promised confidently, but he was already thinking about how to scale up the market.
Taking out food delivery is very expensive, including rider wages, management, operating expenses, communication costs with merchants, etc., but the profits are also terrifyingly high.
It is estimated that Qiandu's early entry into the food delivery market was something Su Can never expected. According to Su Can's memory trajectory in later generations, this time point is still a battle of thousands of regiments, not a war of food delivery.
Probably because the development speed of Glory is too fast, the giants have already felt the crisis, and Mr. Li is like a grasshopper on a hot pot, impatient.
He knew that if Su Can wanted to develop big entertainment, he would be his first obstacle. The only way to deal with Qiandu first was to deal with it. Mr. Ma, who is far away in Hangzhou, feels a bit like sitting on a mountain and watching the infighting between Qiandu and Glory. However, nowadays, the payment business has been repeatedly frustrated.
All of this is a gift from Bai WeChat Pay. Su Can's WeChat Pay has already touched Ali's lifeline. It is obviously impossible to say that it is sitting on the mountain and watching the tigers fight. Mr. Ma is just waiting for an opportunity, an opportunity. Given the right opportunity, he would team up with Qiandu to suppress Glory. 3.9
Otherwise, his position as the leader in the mobile payment industry will not be guaranteed, and the scale of the mobile payment market will be much more terrifying than everyone imagines!
In the future, the cumulative amount of mobile payment consumption in a year will exceed 200 trillion. Such a volume is unmatched by any industry.
Mr. Ma and Mr. Li seemed to have the same tacit understanding. On the morning of April 6, 2011, Qiandu Company announced with great fanfare that it was about to enter the food delivery market and formed a professional team to create an independent food delivery brand - " "Qiandu Waimai" will enter the market with 20 billion RMB in cash.
At the same time, Alibaba Company in Hangzhou also publicly announced that they would also enter the takeout market, with the brand name "Hungry Bar" and would enter the market with 15 billion in cash.
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