Rebirth Starts at 7 Million

Chapter 306 Penguin's 2 Shares in Xingyuan

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At this stage, most of Pinduoduo's users are merchants, and they order fruits to sell in their own stores. Compared with ordinary users, there are not many.

On the one hand, this is because Pinduoduo is currently doing vertical e-commerce.

Vertical e-commerce itself is one of the purchase channels of many merchants, and it is normal for more merchants.

On the other hand, the person in charge of Pinduoduo is deliberately creating this phenomenon.

Because many users will subconsciously feel that things are cheap when they hear that it is the store's purchase channel, which happens to be in line with Pinduoduo's follow-up development direction.

Therefore, the person in charge of Pinduoduo wants to make Pinduoduo an app for domestic fruit merchants to purchase goods, and then use this to promote and attract ordinary users.

This idea of ​​​​his brother is very recognized by his brother. Luo Fan does not know much about e-commerce, so he chose to trust his judgment.

Now it seems that the development of Pinduoduo is steadily improving, and overall it is still very good.

This shows that this idea of ​​the brother is not wrong.

After watching Pinduoduo's recent development, Luo Fan turned to Su Qing and asked, "Are the people from Penguin here?"

"Come on, they came 20 minutes early, and I have arranged them in the conference room." Su Qing replied.

"It's almost time, let's go too!"

Su Qing nodded, packed her things and went to the conference room with Luo Fan.

The Penguin people came today with an appointment made about three days ago.

At that time, Su Qing received a call from Penguin executives, saying that she wanted to meet with Luo Fan to talk about Penguin's investment in Xingyuan.

After asking Luo Fan for instructions, Su Qing arranged to meet at 3 pm today.

Penguin's investment in Xingyuan is actually two, one is Xingyuan, and the other is Xingyuan Cinema.

Let’s talk about Xingchao first. Luo Fan remembers that Xingchao has only received one financing from Penguin after the split. After the agreement was signed, Xingchao’s equity became 44% of Xingyuan Technology Co., Ltd. and 36% of Rice. Penguin holds 20%.

At that time, Penguin's financing was to buy the relevant data of Shake and Moments.

Luo Fan also gave them the data.

In the follow-up, Xingchao increased investment in various ways. When Xingchao contacted Penguin, Penguin said that he would not follow the vote.

At that time, the Penguins had already decided to develop wx with all their strength and it was normal that they would not follow suit.

Neither Penguin followed suit, and Rice and Xingyuan made follow-up investments according to their corresponding share shares.

Therefore, Penguin's shares have also been diluted, and now only 1% of Penguin's original 20% of activities are left.

The shares of Xingyuan and Rice returned to 54.6% and 44.4%.

The 1% of Penguin's shares have no voting rights, so it doesn't really make any difference.

But Penguin is definitely not at a loss. They spent 400 million to buy 20% of Xingchao's shares. Now the valuation of Xingchao has exceeded 50 billion, and 1% of the shares are at least equal to 500 million.

As for Xingyuan Studios, Penguin originally spent 300 million to acquire 30% of Xingyuan Studios shares. It also has no voting rights, but the subsequent expansion and investment of Xingyuan Studios has followed up with Penguin.

Today's Xingyuan Cinema is already the second largest theater chain in the country that can compete with Yida, and this investment in Penguin is definitely not a loss.

Since there is no loss, Penguin suddenly came to discuss the issue of these two shares, which made Luo Fan feel a little confused.

But no matter what, Luo Fan from Penguin had to meet him, and Luo Fan also had some things he wanted to talk to them about.

After Luo Fan and Su Qing came to the conference room, they found that the person in charge of the penguin was Mr. Zhang, the person in charge of wx.

Luo Fan was calm on the surface, but he was actually very surprised.

What Mr. Zhang came to talk about should be related to Star Chat, right?

And Mr. Zhang saw Luo Fan coming in, so he got up and said, "Mr. Luo, I've admired your name for a long time!"

Now Xingyuan's scale can compete with Penguin, and President Zhang is only the head of a department of Penguin. No matter how important this department is, his identity will be lower when facing Luo Fan.

In addition, this time, Mr. Zhang is also someone who asks for others, so he will put his attitude so low.

As the saying goes, stretch out your hand and don’t hit the smiling face, but Mr. Zhang’s posture is so low, and Luo Fan naturally won’t hold it. He took the initiative to stretch out his hand and shake Mr. Zhang’s hand and said, “Boss Zhang is here for you. It's a senior, aren't you smashing me! Please take a seat!"

After the two chatted, Luo Fan asked with a smile, "Mr. Zhang, are you here to talk about your penguins' shares in Xingchao and Xingyuan Studios?"

"It's mainly the shares of Star Chat. We are very happy to cooperate with Star Cinema," said Mr. Zhang.

"Is that so! What does Zhang always want to talk about?" Luo Fan asked.

"Mr. Luo, at this stage our Penguin still has about 1% of the shares of Star Chat, and we want to buy some shares of Star Chat."

"Mr. Zhang is joking, Xing Liao's current shares are not for sale, just like your penguin's QQ shares." Luo Fan refused without thinking.

Mr. Zhang had already thought about Luo Fan's reaction, he just asked tentatively, but he didn't think he could really buy shares.

"Since Xingchao's shares are not for sale, can we buy one of Xingchao's ideas?"

"Mr. Zhang, talk about it."

"This idea is a happy farm where we have always had legal disputes. We don't want to spend any more time with Xingchao. Mr. Ma hopes that Xingchao can stop the lawsuit against us. We are willing to buy the right to use this idea."

After listening to Mr. Zhang's words, Luo Fan pondered for a moment and said, "Yes, it's not a big deal. Isn't Mr. Zhang here just to solve this matter?"

"Of course not. Mr. Luo and Mr. Ma also hope that the two of us can cooperate in the social field."

"What cooperation?"

"Mr. Ma hopes that our two social software can not block each other's links.

If Mr. Luo agrees, in the future, whether Xingyuan's link is Shuidichou or Douyin, we will not block and limit the current of Xiaopo Station. "

After listening to Mr. Zhang's words, Luo Fan frowned. He was a little unsure of what Penguin wanted to do.

What is the big drainage action? Or have other ideas?

Because light from the current point of view, it is definitely Xingyuan that does not block each other's links.

"Mr. Luo, our president Ma also said that he did this to make wx and Xingchao reach a cooperation, and the two sides can communicate with each other and share the cake in the social field together."

Hearing this, Luo Fan understands, Penguin wants to share some users of Xingchao and Xingyuan Payment!

After opening the links to each other, Penguin's wx can also be drained from Xingchao.

After collecting five blessings and watching videos, the number of users of Xingchao and Xingyuan Payment has exceeded wx by a lot, especially Xingyuan Payment now occupies 30% of the payment market.

And this is under the premise that Ali has the largest e-commerce platform in the country.

If there is no such e-commerce platform, if only offline payment is concerned, the users of Xingyuan Payment should have been equal to Alipay.

On the other hand, Penguin, after tossing for so long, they only have 10% of the offline payment share, and it is understandable that they will be jealous.

"Mr. Zhang, you are thinking of a white wolf with empty gloves!" Luo Fan said expressionlessly.

"How can you say it's a white wolf with empty gloves! We really want to cooperate with Xingyuan. If Mr. Luo feels that the conditions we gave are not enough, Mr. Luo can continue to add it!"

"What if I said I want the penguin's end game to be linked with our PUBG Mobile?"

Mr. Zhang was silent when he heard the words. He didn't dare to agree to this condition.

The basic game of Penguin is social, but the most profitable game is definitely the game.

Let go of the most profitable business, even if you think about it with your butt, it is impossible.

"It seems that President Zhang's sincerity is no more than that!"

"Mr. Luo can talk about everything except games."

"Besides games, what else do you think can impress me about penguins?"

After speaking, Luo Fan turned and left.

Seeing this, President Zhang sighed, this time the mission was a failure.

After coming out of Xingyuan headquarters, Mr. Zhang called and explained the situation to Mr. Ma.

After listening to Mr. Ma, he said with a cold face: "Xingyuan has not yet become the fourth Internet giant to dare to be so arrogant. Young people are really arrogant."

"Mr. Ma, shall we continue to talk?"

"no need."

"That Happy Farm thing..."

"Just hold on like that!" Mr. Ma hung up the phone after saying that.

......

Before I knew it, another week had passed. Seeing that it was mid-June, the first "PUBG Mobile" league was already under preparation, and participating teams from various countries were also selected.

On the national server side, the selected battles are all composed of players in the competition server, and there is no professional team.

Luo Fan is also very helpless about this, but he can't help but let the national server players participate, right?

When Luo Fan was worried about this matter, Cao Shuai hurried to the office.

"Boss, I found a big project that will definitely make money!" Cao Shuai rushed in and said excitedly.

"Mr. Cao, can't you be more prudent?" Su Qing couldn't help complaining.

"This time it won't be stable, this project is really too important."

"What project excites you so much?" Luo Fan asked.

"Last month I discovered a new company in Shanghai called ofo, which was founded by college students, and they started a bike-sharing project.

Hasn't our company also done shared umbrellas and shared charging treasures? I paid special attention to it, and this attention is incredible! This project is truly invincible! Definitely make a fortune! "

When Luo Fan heard the names of shared bicycles and ofo, the corners of his mouth twitched. Damn, the company hadn't refunded the 99 deposit to him before his rebirth!

Luo Fan vaguely remembered that the name of the founder of ofo shared bicycles was David, a student of Imperial College.

He has been running a bike-sharing project within the school since 2014.

By 2015, shared bicycles had been placed in many universities across the country.

The profit model is also very clear. Students take out the bicycles for sharing, and then the ofo platform operates, and other students rent it. Then the rent is divided equally between the platform and the students.

The profit in this area is actually not high, but if you want to rent a car, you need to pay a stable rent. Now the market is taking shape in several schools, and many people have not refunded after paying the rent. This has led to millions of people on the ofo platform. Precipitation of funds, this fund is to eat interest, and there are tens of thousands a month.

If this model goes outside the school, the accumulated funds will be terrifying, and this is exactly what Cao Shuai is excited about.

Afterwards, Cao Shuai told Luo Fan his thoughts on sharing bicycles, and then asked Luo Fan, "Boss, you are famous for your vicious vision in business. Is this bicycle sharing business invincible?"

"It works in school, but it's another matter outside of school." Luo Fan said with a blank expression.

"Why?" Cao Shuai asked with a confused expression.

"No. 1 college students are generally of high quality and will not maliciously damage or even steal bicycles, but it is completely different in society.

The second is the rental cost. It is not a problem to put bicycles in the school, but not outside the school. ' Luo Fan replied with an expressionless face.

"I asked their company about this. They also considered damage and theft. They said that gps can be installed, and each car will also be bound to the user who used it before, so there should be no problem with traceability.

Although the cost of doing so will increase a lot, it should also be controlled within an acceptable range.

As for the venue, ofo uses a random parking mode. When other users search, they can search for the location of the nearest bicycle nearby. "

"Have you considered the municipal aspect of your model? There are bicycles scattered everywhere, and it will definitely not be the solution for a long time." Luo Fan shook his head and said.

"Boss, we can solve this problem through an algorithm! Just lock the location of the gps, if it is in some inconvenient place, then someone will be arranged to clean it up, and the last user will be prompted by SMS, if there are more times , you can only take additional measures!"

"That's fine, the cost will be much higher, but what I want to ask is, what is the real advantage of ofo? If other people also invest in this industry, what should they do if they burn money?"

"Indeed, there are no major barriers to competition in this industry, the only barriers are money and time.

I think this is our advantage! As long as ofo invests in occupying the prime position of the city in the early stage and develops user habits, then the price of latecomers will naturally be greater. As for burning money, are we still afraid of burning money now? "

After listening to Cao Shuai's words, Luo Fan pondered for a moment and said, "Brother, I know you are very optimistic about this project, but you haven't seen the drawbacks of this project.

Say so! I don't deny that this project can make money, but if you are not careful, you may lose everything. My suggestion, brother, is to observe it for a while.

We can invest, but we must pay attention to the timing of withdrawal. "

"Should we divest? Boss, why can't we invest in the same way as we support Baidu Takeaway and Baidu Taxi?"

"Because ofo's boss is too conceited, he is the kind of person who doesn't listen, and we also want to share bicycles ourselves. Don't forget what our map business is for."

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