So this is definitely a windfall.
"Haha, then I must thank President Lin."
"Hey, Mr. Wang, don't be in such a hurry. This opportunity isn't free. I'm only notifying you first because Ele.me is cooperating with you, so I want you to give me a price quote."
Upon hearing Lin Chen's words, Wang Xing felt even more at ease. That's right, where in business would you step in such a huge pile of dog shit?
With such a great opportunity, any group-buying website could take off immediately.
As for reporting to Wowo Group?
That's absolutely impossible. Even if Meituan doesn't want this opportunity, I won't help Wowo. No matter how Wowo dies, it's a great thing for Meituan. Wouldn't it be great to have one less competitor? I'd be laughing in my sleep.
"So, Mr. Lin, what price do you think would be appropriate?"
"We're so familiar with each other, let's make it two hundred million. How much market share you can capture depends on your own abilities."
“Okay, no problem. I’ll transfer the money as soon as Mr. Lin tells me to start the raid.”
"make a deal!"
After hanging up the phone, Lin Chen smiled with satisfaction. He could make 600 million from Wowo Group and another 200 million from Meituan. With this back and forth, he could get back about 70-80% of the money he invested in Meituan.
I'm just an ordinary but incredibly talented money-making genius.
Although there are unpredictable developments among the major group-buying companies, the impact on users is actually not significant.
This is mainly because users habitually search on websites like Huasuan.com to see which store offers the best price before participating in a group purchase.
This is the source of Huasuan.com's confidence in acting like a robber.
Users basically follow one principle: whichever is cheaper, I'll use it.
And so, this wonderful show directed by Lin Chen began.
Attentive users have noticed that, at some point, when comparing prices on Huasuan.com, the links to Lashou.com for some popular merchants they frequently use for group buying have disappeared, and the cheapest option is now surprisingly Wowo.com.
However, most users thought about it again and guessed that Lashou.com's subsidies had probably stopped, which is normal, since other group-buying websites have also suddenly stopped providing subsidies.
But it doesn't matter, since Wowo Group still offers subsidies.
Wowo's market share began to grow little by little.
Xu Maodong was incredibly excited when he saw the data. How long had it been since Wowo Group's market share had increased?
Sure enough, the massage parlor is the magic key to solving the problem.
Therefore, Xu Maodong specially promoted and increased the salary of the advertising director, not only making him the vice president, but also making him the legal representative of Wowo Group.
Xu Maodong patted him on the shoulder and said emotionally, "If I step down from my position in the future, this company will have to fire you."
The advertising director didn't understand what he meant and was so moved that he cried.
Meanwhile, Wu Bo cooperated fully with Lashou.com, temporarily relinquishing a portion of its market share and publicly stating that it was for the company's transformation.
Xu Maodong also thought this was reasonable. After all, if you burn money for too long, you have to think about how to make money. Otherwise, how can you keep burning money?
Burning money is just a means, not an end; the ultimate goal is to make a profit.
Unlike him, who was trying to cash out and run away after going public, that's different.
Xu Maodong simply didn't consider why the timing was so coincidental.
After Wowo Group's market share began to grow, Zhang Yiming immediately approached Xu Maodong for money.
He acted like someone who was extremely short of money.
This actually reassured Xu Maodong even more, and he immediately arranged for the finance department to transfer the money to him, the first installment being 200 million yuan.
The first payment has to be made quickly and decisively; we're counting on Zhang Yiming to keep up the good work later. As for the last payment... hehehehe...
At this point, Xu Maodong was already thinking about shirking the last payment, since Zhang Yiming wouldn't dare call the police on this matter anyway.
As for Zhang Yiming, after receiving the money, he immediately went to report to Lin Chen.
Lin Chen smiled and said, "The first payment will definitely be made quickly, since Wowo Group's market share is still counting on you. As for the last payment, that's uncertain. So, Mr. Zhang, when Wowo Group's market share is still a little short, go and ask for the money in advance, and say that you're planning to run away."
"Oh, Mr. Lin, I understand."
As Zhang Yiming walked out of Lin Chen's office, he suddenly realized something was wrong. Why was President Lin more familiar with these tactics than Xu Maodong?
I couldn't help but shudder at the thought, but Mr. Lin is one of us, so he probably wouldn't betray me, right?
However, just as Zhang Yiming continued to exert his efforts and Wowo Group continued to seize market share.
Suddenly, a Japanese group-buying website announced its entry into China; its name is "Discount Grab".
The general manager in charge of the Chinese market for the discount product is named Yamamoto Jiro. Before announcing the product's entry into China, he had actually been conducting research in China for several months.
Initially, Lashou.com, Wowo.com, and Meituan were the three major players in the market. However, Lashou.com somehow acquired QR code technology and started a major battle. Meituan was the first to be eliminated, while Wowo.com survived thanks to its strong capital.
At this point, Yamamoto Jiro felt that an opportunity had come. Why? Because he did some research and found that QR codes were invented by the Japanese. So, he ordered his subordinates to find companies in Japan that knew the technology and mastered the QR code technology.
Afterwards, he reported the matter to his superiors, and after layers of approval, the president finally agreed. He then began to gather manpower and wait for the right opportunity to act.
When Wowo Group came on strong this time, he decided to take advantage of the chaos.
Offering discounts is a familiar tactic used by Lashou.com: burning money and using QR codes.
The problem lies with this QR code. QR codes are universal, and after Lashou.com has already established a sufficient market share, it would be much easier for them to use QR codes to pave the way for discounts.
Wowo Group never expected that a dark horse would suddenly appear out of nowhere. The market share that Wowo Group had worked so hard to snatch from Lashou.com was taken away by this guy.
Xu Maodong was furious, but he had no choice but to call Zhang Yiming.
"Mr. Zhang, you absolutely mustn't give this discount to those who rush to advertise, this guy's got a special offer."
Zhang Yiming was taken aback.
Huh? Taking it easy? Aren't you the chubby translator? What's wrong? Did you fall out with your dog owner?
However, he still said, "Don't worry, Mr. Xu, I'll go ask my people down here if they've accepted this company's advertising fee."
After hanging up the phone, Zhang Yiming went to inquire and was surprised to find that the discount promotion was indeed being promoted on Huasuan.com, and it was even the highest-tier promotion.
Since the highest tier on Wowo Group offers discounts, the highest tier deals are actually more effective than those on Wowo Group.
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