Chapter 307 O2O Strategy for South China! Dad, I want to drop out of school. I saw a ghost last night!
Slept for twelve hours?
Chen Yansen stared at the clock on the wall in a daze. The energy consumed by starting the [Planck Clock] was far more than expected.
Although his mental strength had recovered, his stomach was already growling with hunger.
The refrigerator door popped open automatically, and a pineapple bun and a bottle of milk flew straight into Chen Yansen's hands. He started to eat them, finishing a piece of bread in two or three bites, and the 650 ml bottle of fresh milk was empty in the blink of an eye.
not enough!
Chen Yansen then ate two pineapple buns and drank a bottle of fresh milk, and his hunger was slightly relieved.
Take a deep breath!
Chen Yansen fell on the sofa and couldn't help but sigh at the horror of this talent.
My mind was running at high speed for three hours, but in reality only three seconds had passed. It was as if I had turned on the God mode and I had the illusion of controlling everything.
If he continues to strengthen his mental power and can remain in the gifted state of the [Planck Clock] 24 hours a day, then the fields of mathematics, physics, chemistry, astronomy, life sciences, etc. will no longer have any secrets in front of him.
Thinking of this, Chen Yansen called out the system panel.
There are 27 strands of the human flame left, 105 strands of the divine flame left, the spirit value is 100, and the physical value is 10.1.
Just as he expected, below the Shinto incense, there was an additional column of options for synthesizing the Immortal Incense.
Every 100 strands of Shinto flames can be synthesized into 1 strand of Immortal incense.
“Try it!”
Chen Yansen's mind moved, and a wisp of purple mist as thin as a hair appeared out of thin air and suddenly penetrated into his forehead.
In an instant, the stars in my mind burst into a bright state, as if I was wandering in the boundless starry universe, and my brows were filled with clarity and brightness.
After a few breaths, the mental power value became 100.01!
Although it only increased by 0.01, Chen Yansen clearly felt that the diameter of his spiritual sense detection and the upper limit of the weight of objects controlled had increased.
He did not waste the remaining five strands of divine fire, and added them all to his physique.
When the upper limit of the controlled weight exceeds your body weight, you only need to wrap your mental power around your waist a few times. The buoyancy generated will be able to offset part of the gravity, and the problem of excessive weight caused by the density of muscles, bones, blood and flesh will be solved instantly.
When the physique reaches 10 points, the [Rhinoceros Skin and Tiger Bone] talent, which is invulnerable to water and fire, swords and guns, can be awakened. What about 100? What about 1000? For a moment, Chen Yansen was full of expectations!
A minute later, my mood gradually calmed down.
I took off my dirty clothes, went into the bathroom and took a hot shower, brushed my teeth and washed my face, then changed into clean and refreshing casual clothes, pushed the door and walked out.
I went to the first floor, got into the driver's seat of the Bentley Mulsanne, and sped towards the Science and Technology Park.
A better technical solution has been found for the intelligent memory compression problem of Aurora Future OS, so Chen Yansen naturally has to start over.
Ten minutes later, Chen Yansen parked the car, walked straight into Office Building No. 9, then opened the office door, turned on the computer and started working.
The science and technology park is deserted on weekends. Except for some staff on duty and online customer service, most employees are on vacation.
After Pinbei, Orange Technology, Today Technology and Orange Pay passed the initial development stage, overtime work gradually decreased as the number of employees increased.
The original 997 work system has been adjusted to 986.
That means working overtime for two hours every day on weekdays and six hours on Saturdays. Employees can get a considerable overtime income every month while balancing their work and life.
Of course, there are also employees who are not short of money and choose to work at a 955 pace.
Chen Yansen did not object to this. The overtime pay mechanism was there. If you wanted to make more money, you could work overtime. If you didn't want to work overtime, the company would not use this to restrict employees' quarterly bonus evaluations and job promotions.
The morning passed quickly. Chen Yansen raised his head, stood up and walked to the window sill, and happened to see Song Yuncheng downstairs.
She is really hardworking! Chen Yansen smiled faintly. With Song Yuncheng's ability, even if he left him now, he could easily find a job as an investment director in a large Internet e-commerce company, with a monthly salary of no less than 50,000 yuan.
After all, he brought it out himself.
While Chen Yansen was busy developing his own system, Wang Xin met with representatives from Sequoia Capital and General Atlantic at Meituan’s headquarters in Yanjing.
When no one was interested, Wang Xin also turned his attention to foreign capital.
Fortunately, investment institutions in Europe and the United States attach great importance to the Chinese market with a population of 1.4 billion, even though Meituan is now surrounded by enemies and has even lost its title as the industry leader.
However, Hong Jing, general manager of the Yanjing branch of General Atlantic Capital, chose to invest in Meituan without hesitation.
Because whether it is food delivery or group buying business, Meituan has certain value in terms of business model, industry development and market potential.
"Mr. Wang, as far as I know, in June last year, Meituan received a joint investment of 80 million US dollars from Ali and Sequoia Capital. The post-investment valuation was about 196 million US dollars. Meituan's market share increased from 6.7% to 23.9% in one year, and has recently dropped by three percentage points..."
Hong Jing sat in Meituan's conference room and spoke slowly.
Next to her sat several financial analysts and legal advisors from General Atlantic, all dressed in suits and looking like elites.
Shen Nanpeng of Sequoia Capital sat opposite, expressionless and silent.
Wang Xin was about to defend himself when he saw Hong Jing wave her hand and said, "Mr. Steven has learned about Meituan's organizational structure and business model, and he is quite impressed with your trading skills, but I cannot agree to the valuation of 1 billion US dollars."
Steven Denning is the chairman of General Atlantic and has a very high say within the group. Logically, with Hong Jing's investment vision, she would definitely look down on Wang Xin and Meituan, but since the boss has spoken, she can only follow his orders.
"At most 500 million US dollars, otherwise, General Atlantic would rather withdraw." Hong Jing folded her arms and added without waiting for Wang Xin to react.
“If it’s 500 million, Sequoia Capital can accept it.” Shen Nanpeng straightened up slowly and said.
Although he is optimistic about Wang Xin and Meituan, as a mature investor, he can only maximize his return on investment by exchanging the least amount of capital for more equity.
As for friendship?
How can businessmen have any feelings?
"800 million US dollars, this is my bottom line." Wang Xin's face was tense and he answered word by word.
He doesn't want to sell Meituan's shares at a low price!
"The transaction price of Lashou.com is 420 million US dollars, and the transaction price of Nuomi.com is 150 million US dollars. Although Meituan has a slightly higher market share, it cannot support a 100% premium. 500 million is the highest offer from General Atlantic. If Mr. Wang disagrees, we can talk again next month."
Hong Jing pursed her lips slightly and raised a disdainful smile.
In order to maintain its market share, Meituan has to invest a huge amount of money in marketing activities and channel purchasing every day. Not only does it not make any money, it also has to lose tens of millions of US dollars every month.
If General Atlantic and Sequoia Capital don’t invest money, Meituan might not even survive until the end of the year.
Hong Jing knew it, Shen Nanpeng knew it, and Wang Xin knew it too.
After pondering for a while, Wang Xin let out a long sigh and nodded heavily.
Although General Atlantic and Sequoia Capital were suspected of taking advantage of the situation, he had no better choice.
Anyway, Meituan has an AB equity structure, so Wang Xin is not afraid of losing controlling rights.
The three parties reached a preliminary cooperation intention, with General Atlantic leading the investment and Sequoia Capital following suit, and will provide Meituan with a total of US$75 million in development funds.
The financing was successful, but the valuation was far below Wang Xin’s psychological expectations.
To put it bluntly, Wang Xin’s strategy is to ensure that Meituan survives first, and then plan for future development.
Equity is sometimes important and sometimes worthless.
The other side.
After communicating with Hillhouse Capital, Capital Today and Overseas Asia, Li Yanhong's face became increasingly gloomy. Without exception, these companies all refused additional investment.
Only Legend Capital still has a strong interest in the Didi Taxi project, but Zhu Nanli's request makes him feel embarrassed as the other party wants to promote Liu Yiqing to the position of CEO of Didi Taxi.
Li Yanhong decisively refused! The subsidy war between Kuaidi and Didi Dache burned nearly 1 billion yuan in four months. For ordinary venture capital institutions, these two buildings are sheltered!
The competition among thousands of groups is so fierce, but the loss in a single month is less than 200 million!
Want to use them as scapegoats? No way!
What's more, the dispute between Didi and Kuaidi Taxi seems to be a fight between online ride-hailing platforms, but in fact it is a game of capital behind the scenes.
Behind Didi stood Qiandu, and behind Kuaidi stood Senlian, Penguin and Ali.
Everyone has enough traffic and funds, now it just depends on who can’t hold on first!
Li Yanhong wanted to learn from Chen Yansen's operation and attract more venture capital firms to share the investment risks, but he was too late. Both Internet capital and state-owned capital had already been pulled into the Kuaidi Taxi camp by Chen Yansen.
Unless there are major errors in the operation of Kuaidi Dache, no one will temporarily change the investment target.
“Try Ping An or Temasek.”
After careful consideration, Li Yanhong asked his assistant to help him make an appointment with the president of the investment department of Apple or Temasek.
Didi Dache was losing as much as 300 to 400 million yuan every month, and the 600 million yuan from its Series D financing was almost used up, so Li Yanhong wanted to start the Series E financing as soon as possible.
at the same time.
After completing the layout of the North China, East China and Central China markets, Cheng Weixing set his sights on the South China market.
The city is densely populated, with great travel demand and a permanent population of up to 170 million, generating at least 1 million orders every day.
First conquer South China and then Northeast China, and you will basically be able to take over 80% of the national market share.
By then, Didi will be just a child compared to the size of Kuaidi Taxi.
"Say hello to Mr. Xiao and Mr. Pei, and work together to expand the O2O strategy of AutoNavi Maps to the southern market."
Cheng Weixing muttered softly, then initiated a video conference.
"Mr. Cheng, what's the matter?" Pei Yi asked casually while looking at the camera.
"I plan to expand Kuaidi Taxi's business to southern China, and I need the traffic support from Mr. Xiao and Mr. Pei."
Cheng Weixing said with a smile.
Kuaidi Taxi has channel entrances on the Kuaipao PC and APP versions, as well as on Amap. Thanks to the assistance of Kuaipao and Amap, Kuaidi Taxi has been able to keep Didi's market share firmly below 20%.
"So fast? No problem for me." Xiao Jun agreed readily and said with a smile.
He can take a commission from all the orders completed by Kuaipao and Kuaidi Taxi on Gaode Map, thereby increasing revenue and improving profitability.
The three companies are all controlled subsidiaries of Senlian Capital, and they cooperate with each other naturally and have no obstacles in internal communication.
"South China market? OK!" Pei Yi nodded in response.
The people he arranged had successfully infiltrated Meituan and just happened to learn of Wang Xin's plan to open up the South China takeout market.
The other party wanted to temporarily avoid the limelight? But Wang Xin didn't let him do that! The three of them chatted for more than half an hour before they finalized the marketing plan for the South China market. Finally, they jointly sent a work email to Chen Yansen.
…
…
"South China market? Pei Yi and Cheng Weixing's expansion speed is not slow. In just half a year, they have already conquered the North China, East China and Central China markets."
Chen Yansen opened the email and slid the mouse. It only took him two or three seconds to finish reading the three people's plans. There were generally no problems and they completely replicated his previous successful experience.
It looks radical, but it is actually a cautious and steady approach.
Chen Yansen didn't think much about it and approved it immediately.
Under the leadership of Cheng Weixing, Kuaidi Dache has always been in a leading position in the online car-hailing market.
In terms of project operation and management capabilities, he is no worse than Cheng Wei.
There are so many talented people in this world, just like the fish in the river, but most of them have not met a mentor or a stage to display their talents.
The sky outside the window gradually darkened. Chen Yansen had dinner in the company cafeteria before driving back to Xuyuan.
As soon as I got off the car, the phone in my pocket rang.
"Teacher Tang, what can I do for you?" Chen Yansen pressed the answer button and asked with a smile.
"You haven't forgotten about tomorrow's matter, right?" Tang Qingshan asked tentatively.
"The speech is ready." Chen Yansen said nonsense.
"That's good. You are the star of our Xucheng Academy. Many freshmen apply to Xucheng Academy just because of your reputation."
Tang Qingshan said with emotion.
Come on! Chen Yansen curled his lips in disdain. Others didn't know, but he didn't know? At least one-third of the freshmen who could come to Xuyuan were masters of controlling points and stepping on the line. They just passed the second-tier line. Where else could they go if not to Xuyuan?
"Okay, I understand." Chen Yansen pretended to be stupid and didn't point it out.
"Okay, then I won't bother you. Remember to go to bed early and get enough rest." Tang Qingshan reminded worriedly before hanging up the phone.
It's just a welcome ceremony, is it necessary to take it so seriously? Chen Yansen put away his phone and shook his head helplessly.
Just as I was about to go upstairs, I heard a noisy quarrel coming from the door of boys' dormitory number six.
"Dad, I want to drop out of school! The environment in this crappy school is too bad. There are mantises and grasshoppers on the balcony. I even saw ghosts last night!"
"Fuck you! The tuition has been paid, so you stay here honestly. Want to change schools? Take the postgraduate entrance examination yourself! Don't make up your mind all day and bother your father!"
Ghost?
Could this be me? Chen Yansen's face froze, thinking secretly.
The detection range of his spiritual sense was only thirty meters. He was so excited last night that he didn't pay attention for a moment, and it was possible that someone might see a vague figure.
Well, you have to be careful.
Chen Yansen didn't want Xuyuan to be haunted, so he made up his mind not to turn on the flight mode easily.
(End of this chapter)
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