Rebirth of the Richest Man In Black Technology

Chapter 342 Meet the industry bosses (5K, please subscribe)

"Xiaolong, are you really ready to leave?"

At Penguin Headquarters, Zhang Xiaolong is reporting to Pony Huateng at the moment, and today he came to Shenzhen for the final resignation.

"Yes, Mr. Ma."

Zhang Xiaolong responded rather complicatedly, this cheap boss is also a powerful person.

Since the establishment of Penguin Company in 1998, it experienced a trough and almost sold the company. After that, it was still able to rise and was killed from the Internet army.

Penguin keeps creating miracles and has accumulated a lot of money. By 2004, it had been listed on the Hong Kong Stock Exchange.

Last year, I bought the fm team and successfully became my own cheap boss.

But compared to the legendary experience of the next one, this is a little worse.

At this moment, Zhang Xiaolong compared his current boss with his future boss.

"Since you have decided to leave, let's go through the process."

Seeing this, Xiao Ma didn't do much to keep him.

Zhang Xiaolong was determined to leave, and it would be useless for him to keep him.

Besides, Penguin also has a QQ mailbox, and the teams overlap somewhat. With Zhang Xiaolong's departure, the fm mailbox can be smoothly merged into the qq mailbox.

"President Ma, I want to give up the non-compete contract."

"What? Are you going to give up the competition contract?"

Upon hearing this, Xiao Ma's originally calm face revealed a surprised expression.

Could it be that you, Zhang Xiaolong, are planning to develop other email software after leaving your job? !

This is something he doesn't allow!

"Yes, I want to give up the non-competition contract. In order to avoid trouble, I promise not to develop mailbox products."

Zhang Xiaolong originally signed a non-compete contract with Boda Company in the category of mailboxes, but later Boda was acquired by Penguin.

He came to the company's banner, and the non-compete contract was still the same.

Even if you don't deal with it, it doesn't affect him much! But in order to save trouble in the future, this matter must be handled properly.

"Well, you make a written promise, and if you give up, just give up."

Xiao Ma, as a Nanshan Pizza Hut, naturally has some means. A non-compete contract, in fact, is not big or small.

As long as Zhang Xiaolong doesn't develop mailbox products, it doesn't matter if he doesn't give away a favor.

"Mr. Ma, thank you."

Zhang Xiaolong responded with a smile, heaving a sigh of relief in his heart, and finally solved the last problem.

After getting out of the penguin, Zhang Xiaolong felt relaxed.

Later, he can start a new professional life.

Perhaps, the road is very perturbed, but the future should be very broad.

...

Feng Hao probably could have guessed Zhang Xiaolong's resignation.

After all, Zhang Xiaolong will come to Greentown soon, and before he comes, he will definitely finish explaining his affairs at Penguin and resign from Penguin.

At this time, Feng Hao was participating in related meetings in JD.com.

As the big boss, he rarely showed up, but he had to show up at today's meeting.

The decision-making of Jingdong's general direction still requires him to make a final decision.

The attendees were all senior management of JD.com, including General Manager Liu Qiangdong, Deputy General Manager Ren Deshan, Deputy General Manager Mao Lezhang and so on.

Of course, the big boss Feng Hao, his assistant Mo Xiaolan, and even two shareholders also sent representatives.

Haotian Venture Capital accounted for 78%, Liu Qiangdong's team accounted for 21%, and 1% of the equity was in the hands of two cooperative partners.

"We in Kyoto have achieved leapfrog development since the beginning of this year. At the end of last year, that is, in 2005, our Jingdong sold a total of about 10 million goods, but the profit was almost zero, and it could even be said to be negative. Someone once valued it at one thousand Eight million, if I, Liu Qiangdong, think there is still hope, JD.com would have been almost bought out."

Liu Qiangdong said rather self-deprecatingly that at the end of last year, it was indeed difficult for Kyoto to continue to develop. It is very difficult to survive, very difficult.

"However, this year we introduced the major shareholder Feng Hao, Mr. Feng. With Mr. Feng's large amount of funds and many supports, we have achieved breakthrough development. This year's Kyoto 618 Shopping Festival, Kyoto sold 310 million in one day ! The turnover in just one day is thirty-one times that of last year!"

"This kind of data is enough to prove that our JD.com has risen! After that, JD.com's monthly sales have been 400 to 500 million. The revenue is increasing day by day, and our income and expenditure have roughly reached a balance."

While speaking, Liu Qiangdong raised his fist and shook it excitedly.

Last year, he went everywhere to borrow money and look for financing, but he hit a wall everywhere!

This year, he sat quietly in his office, while funds and investment banks squeezed his head, trying to give him money.

This change made Liu Qiangdong feel like a lifetime away.

And all of this was because of the young man in front of him.

Liu Qiangdong continued to introduce, and affirmed JD.com's recent achievements: "We have achieved results, which are worthy of joy, excitement, and appreciation. If we develop well, we can maintain the current growth rate. By the end of the year, I can Apply to Mr. Feng and give him a generous year-end bonus."

Recently, JD.com has developed rapidly and has maintained rapid growth, with revenue maintaining a double-digit growth rate.

As for the expenditure, it has come out of the previous loss and reached a balance of payments.

Hearing Liu Qiangdong's words, all the executives smiled knowingly. As the manager of Jingdong, if

If the company's performance is good, if rewards are given, they will definitely be rewarded first.

Since he dared to publicize it with great fanfare, the amount of reward must not be small, at least a reward of one month's salary.

"Everyone, although we have achieved good results, in any industry, companies are like sailing against the current. If you don't advance, you will exit. We, JD.com, need to change and keep making progress."

Facing the status quo of JD.com, Liu Qiangdong can be said to be satisfied or dissatisfied.

What I am satisfied with is that compared to the past, JD.com has made a breakthrough and achieved quite good results.

The dissatisfaction lies in the future planning. The development speed of JD.com is still too slow, and there is still a gap with Taobao, a leading e-commerce company!

"So, one of the purposes of our meeting this time is to convene everyone to discuss the follow-up plan and how to solve the funding problem."

Jingdong needs to solve the problem, not only the solution, but also the funding problem.

It is impossible for Liu Qiangdong to make a decision on his own as it involves everyone.

So he asked everyone for their opinions, and let Ren Deshan speak first: "Vice President Ren, please express your opinion."

Feng Hao also has some impressions of Ren Deshan, the deputy general manager of JD.com.

In his forties, he is the core figure of Liu Qiangdong's team.

With an excellent background, he graduated with a master's degree from Tsinghua University. He has worked in the e-commerce industry for several years and served as executives of many e-commerce companies.

"Okay, Mr. Liu, even though JD.com has uniquely rich capital and relatively good development. But how much market share does JD.com have, how much is our annual sales, and how big is the e-commerce market?!"

"Everyone here, there must be some people who know the rough data, and some people are not so clear, let me tell it again now.

In 2001, the transaction volume of the domestic c2c e-commerce market was only 400 million yuan. By 2005, the market transaction volume reached 13.71 billion yuan, with a compound growth rate of 142.0%.

In 2005, the domestic b2b e-commerce market scale increased by 37.1% compared with 2004, reaching 644.6 billion yuan.

In 2005, the scale of the domestic b2c e-commerce market was very small, less than 10 billion. "

After Ren Deshan listed the data, he fell silent for a while, allowing everyone to fully understand the meaning behind the data.

"These data fully prove the huge market space of e-commerce b2c and c2c. This year's data will definitely be more brilliant, but what about JD.com itself?

As of this month, JD.com had a total revenue of 2.1 billion.

Keeping this pace, by the end of the year, we will have a scale of about 2.9 billion.

This scale is excellent, but what about the market share?

In terms of statistical b2c and c2c, we only account for less than 10%, or even less.

If you count the b2b aspect, we are not even 1%!

Do we have reason to be proud?

The answer is yes, we have no reason to be proud! "

Ren Deshan is extremely courageous, which can be seen from the tone of his speech.

He listed the data, and compared JD.com's current performance, he can indeed find that JD.com is too small.

"To put it simply, as of the beginning of this month, Youshang Taobao has sold 12 billion! Although the model is different, the data is still six times that of ours! Therefore, we still have to work hard!"

"There are more than one billion people in the country. Our market has not yet been fully tapped, and the future market will be even wider. Therefore, we must base ourselves on the present and focus on the future."

Ren Deshan's words made everyone ponder again.

And Feng Hao looked at Liu Qiangdong and Ren Deshan, the Jingdong team, quite unexpectedly.

Previously, they were restricted from being fully aware of these contents.

Now, they have gradually grown up and understand the e-commerce market and how to develop it.

In the previous life, Jingdong was able to rise for a reason. Because JD.com has a large team with strong vision.

Now you can guess the future situation and roughly know the vastness of the market.

Of course, their goals are also very ambitious.

Clap clap!

After Ren Deshan finished speaking, Feng Hao took the lead in clapping his hands.

"Vice President Ren is right. There must be deficiencies in the development of JD.com, and we still need to improve! We all need to work together."

Feng Hao immediately encouraged Ren Deshan, and at the same time pointed out that JD.com does have such shortcomings.

"Thank you Mr. Feng, we will definitely work hard. Next, let me explain the improvement plan."

Ren Deshan first thanked Feng Hao for his appreciation, and then began to announce JD.com's new plan: "Later, we will add new improvement plans based on the current one.

First, the expansion of the commodity line, the sales products are no longer the previous single product and clothing;

Second, the supplement of logistics warehouses, on the basis of the original, expands the two logistics centers of Tianfu Capital and Central China;

Third, set up a flagship store, which is specially provided to large merchants and enterprises, and guide their entry. "

At present, Kyoto is only starting in electrical appliances and clothing, and the products are relatively lacking.

After all, the rival Taobao has passed Almighty Department Store, so you can find anything you can buy on Taobao, there is nothing you can’t buy!

Ren Deshan explained the corresponding plan in detail, and then sat down. What he should say, what should he say?

The arrangement has already been done.

As for this plan, whether it can be passed and implemented in the end depends on the subsequent discussions.

After all, these new plans and actions require a lot of financial support.

At present, JD.com's revenue and expenditure are only enough to maintain normal development, and it is impossible to speed up.

Jingdong's lack of funds is the crux of the problem.

"Thank you, Vice President Ren, for explaining the detailed plan to us. Now we come to the key point, the funding issue."

Having said that, Liu Qiangdong paused for a moment, then turned his gaze to Feng Hao: "Boss Feng, I need your help to solve this problem."

"Okay, let's discuss and discuss together."

In fact, Liu Qiangdong has already had preliminary negotiations with Feng Hao and basically reached a consensus.

All that remains is to get all senior executives and shareholders to agree, and the best result is to be able to agree.

In fact, even if they disagree, with Feng Hao's power as a major shareholder, it can still be implemented, but the effect may not be so good.

"Okay, Mr. Feng, our idea is to raise funds. On the one hand, we can obtain development funds to spend on the implementation of our plans; on the other hand, we can obtain corresponding support, including technical support, cooperation support, etc."

Liu Qiangdong smiled and explained to everyone that financing is nothing more than money or relationship. Of course it's best to have both.

"Tell me about the specific financing plan."

One of the shareholder representatives frowned and asked.

He holds 0.5% of the shares in his hand. This year, JD.com wanted to take back the shares, but he did not agree.

Because he doesn't care about the money, even if Jingdong goes bankrupt, it doesn't matter.

Now he is very fortunate that he didn't sell it at the beginning. The 0.5% of the shares are already worth 15 million, which has doubled by one or two hundred times!

If JD.com raises funds again, the shares in its hands may be diluted, but the value will definitely be more.

"Okay, the current market value of JD.com exceeds three billion. If we raise funds, our valuation will be at least six billion. This is the bottom line."

Liu Qiangdong is full of confidence at the moment. Even if JD.com is only worth 3 billion yuan now, investment banks and funds must accept JD.com’s big mouth if they want to enter the market.

Because the development of Jingdong is definitely enough to support this part of the market value.

Maybe by the end of the year JD.com will have a market value of 6 billion, 10 billion, and even more in the future!

JD.com has grown from 20 million to 3 billion this year. This is the madness of JD.com, which is enough to prove a lot.

"Secondly, we sold 16% of the shares to raise one billion yuan."

Liu Qiangdong finally threw out JD.com's financing conditions, which are very strong.

"I have no problem, but I suggest that we start financing early next year."

Since Liu Qiangdong had already discussed with Feng Hao before, he responded immediately.

But at this time, he does not plan to raise funds so quickly. Because Jingdong still has a wave of development opportunities, he would like to sell Jingdong's shares at a low price.

"President Feng, what do you mean?"

Liu Qiangdong became puzzled when he heard Feng Hao's words.

Didn't we discuss it well?

A financing conference will be held at the beginning of next month to contact investment banks!

Feng Hao suddenly turned his face, Liu Qiangdong frowned suddenly.

"First borrow 300 million from the bank as funds for Jingdong to expand the market, and then wait until next year for financing. Next, Jingdong needs to carry out another activity, and the market value will definitely rise sharply by then."

Feng Hao explained lightly, Double Eleven!

In the previous life, there was an important shopping festival, and he wanted to use this special festival.

Ali is only close to 10 billion US dollars at this time, and Taobao's share of it is estimated at 20 to 3 billion US dollars.

Jingdong financing will definitely be carried out, but Feng Hao does not want to sell his shares so cheaply.

"President Feng, what do you mean, we will hold another event like 618?"

Liu Qiangdong hesitated for a moment, and asked suspiciously.

"Yes, it must be good for us. Everyone doesn't want to raise money so cheaply, right?"

Looking at the expressions of everyone, Feng Hao smiled faintly.

"This is natural, let's do it according to Mr. Feng's wishes."

Liu Qiangdong hesitated for a while, then nodded in response.

Seeing that the major shareholders and the general manager have made such a decision, of course everyone has no opinion.

Liu Qiangdong is a little worried at this time, Mr. Feng has so many ideas and attention to innovation.

But he likes it!

So, Liu Qiangdong asked: "Mr. Feng, why don't you introduce this event?"

"Yes, November 11th, Double Eleven, have you heard of it? Singles' Day on the Internet is just a year ago, and everyone can shop properly."

Feng Hao explained with a smile that Singles' Day has just become popular, of course, this is only on the Internet.

Although Ren Deshan is more able to follow the trend and keep up with the pace of the times. I am still relatively unfamiliar with the nouns of networking.

Regarding the shopping festival proposed by Feng Hao, he remained skeptical: "Is there such a festival? Mr. Feng, is this possible?"

Feng Hao shook his head and said with a smile: "Actually, it doesn't matter what day it is for this kind of festival. We just use this name to make a big sale."

Everyone suddenly realized that it was so.

And Mo Xiaolan looked at Feng Hao's posture, quite surprised, the boss is still amazing!

Thinking of this, she quickly recorded these words.

This is the classic directory of the boss, one day she will not be a secretary, maybe she can write a celebrity biography.

And that's the best stuff!

Feng Hao stayed in Jingdong for a whole day, and then he rushed to Zhaoyi Innovation Technology.

Of course Li Qi welcomed Feng Hao's arrival very much.

GigaDevice, now developing rapidly, has become a domestic flash memory giant, and even sells its products overseas.

"President Feng, welcome to the company."

Xia Youyou, a lively and active girl, followed Li Qi and the others to welcome Feng Hao.

"Okay, our office has grown this big?"

Looking at the big front desk and the wide working area, Feng Hao asked Xia Youyou.

"That's right, Mr. Feng, we changed the company's office address this year, that's why it's so big."

"That's good, it proves that the company has grown enough."

"That's right, think about how we used to have a group of people working in an office area of ​​about 100 square meters."

"Yes, GigaDevice's innovative technology is developing rapidly."

Feng Hao is very pleased with the development of GigaDevice.

This is just a flash memory company he participated in casually, but he did not expect to develop into such a large enterprise.

Not only is the product sold well, but also a lot of related technologies have been accumulated, and related patents have even been applied for at home and abroad.

For GigaDevice, Feng Hao didn't have too many ideas and arrangements.

Li Qi and the others have done a very good job. They focus on flash memory and memory products, and strive to achieve the best in product innovation and technological innovation.

Coming out of GigaDevice, Feng Hao immediately looked forward to tomorrow.

The next word, that is the Internet conference!

The meeting will be industry leaders!

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