Zhang Yiming called Wang Xing back and told him that Lin Chen said he would think about it some more, but he didn't seem very willing to invest.
After hanging up the phone, Wang Xing's mind was buzzing. It's true what they say: I ignored you back then, but now you've made me feel like I can't afford to be near you.
No, Mr. Lin, love should be faithful. Why don't you think I'm a good match?
Although I'm in a bit of a mess right now, as long as I have the money to hold onto the market in third- and fourth-tier cities, I can establish a firm foothold and, if all goes well, even compete with Lashou.com.
On the other hand, Lashou.com continued its rapid expansion, quickly seizing market share with high subsidies.
Wang Xing is now in a difficult situation, unless he completely abandons the markets in Beijing, Shanghai, Guangzhou, and Shenzhen and returns to defend his home base.
But if you do that, you'll end up with nothing but your underwear.
Not only did they lose the two hundred million yuan they gave Lin Chen, but they could only hold onto their third- and fourth-tier markets and were unable to completely drive Lashou.com out of the market.
Meanwhile, Xu Maodong was also in a state of panic at Wowo Group. The IPO had been in preparation for so long, and they were only three days away from going public, but they only had half a day to reach the market share target, which was not enough time at all.
It's all Zhang Yiming's fault, that scoundrel. I should never have transferred the money so readily in the first place.
As long as he hasn't received the money, he will definitely try his best to maintain market share. Even if Zhang Yiming threatens to lower the promotion coefficient, he can threaten to report him. Why didn't he think of that at the time and hurriedly transferred the money?
Now look what's happened! Of the 1 billion yuan I prepared for promotion, 600 million yuan went to Zhang Yiming. If Wowo Group can't go public this time, it's all over.
Just as the three major group-buying platforms were locked in a fierce battle, a major announcement was suddenly made.
Taobao has launched its own traffic generation platform – Taobao Big Data.
When this news was released, everyone seemed to see Jack Ma pointing his finger at Lin Chen and shouting, "Lin Chen, you little brat, didn't expect that, did you? I've risen again!"
Taobao's big data function and Huasuan.com's function are not exactly the same, but they are completely identical.
This can be understood as a knock-off version of Huasuan.com created by a domestic giant.
However, Taobao's big data has its own core crawling technology and recommendation algorithm, so the effect may only be about 30% worse than Huasuan.com.
Next, we can make money while continuing to optimize and upgrade.
Xu Maodong's eyes lit up. He felt that his chance to turn things around had come. If Huasuan.com wouldn't promote me, then I'd go to Taobao.
So he used his Xinghe Group as collateral to borrow 500 million yuan from the bank, and then contacted Jack Ma.
"Hello, is this Mr. Ma? This is Xu Maodong from Wowo Group."
"Oh? Mr. Xu, hello, is there anything I can help you with?"
"Well, Mr. Ma, I saw that your Taobao Big Data system has been launched, and it seems really powerful, so I thought I'd like to try promoting it."
Upon hearing this, Jack Ma thought, "Tch, you still don't know about your Wowo Group? It's almost completely ruined. You had a falling out with Lin Chen, and Huasuan.com stopped promoting you. You had no choice but to come to me, saying you'd give it a try. You're really shameless."
But you can't turn away business that comes knocking on your door, right? As for the price, well...
"Oh my, Mr. Xu, you really have a good eye! Let me tell you, our Taobao big data technology is much more advanced than Huasuan.com's. Internet technology is changing rapidly, and Huasuan.com is already outdated."
Xu Maodong's eyes lit up. That's right, how long has Huasuan.com been established? With the rapid pace of technological updates on the internet, it's bound to be a case of new websites replacing old ones.
"Hahaha, as expected of Alibaba! In the Chinese internet industry, you still have to look to Mr. Ma. I wonder what the charging model for Taobao's big data is now?"
"Mr. Xu, to be honest, our platform has just launched, so we're still figuring out the pricing model. How about this, since we're getting along so well, I'll give you a discount. Instead of paying monthly, we'll pay you based on results. What do you think?"
"That's a good idea! Mr. Ma, our current market growth rate on Wowo Group is 9%. I only need to increase it by one percentage point. How much money would that cost?"
"Five hundred million."
Xu Maodong almost cursed out loud, "Jack Ma, you're really ruthless! You're charging even more than Huasuan.com. I asked Zhang Yiming for a 10% increase and it only cost 600 million. You dare to ask for 500 million for just one percentage point?"
Hey, do you know I have exactly 500 million in my pocket?
Jack Ma: Although I don't know how much money you have, I know that you have no other choice but to come to me now, so wouldn't I be asking for an exorbitant amount?
"Mr. Ma, isn't this price too high? Even Huasuan.com doesn't charge this much."
"Oh? Is that so? Well, Mr. Xu, the development costs for this new technology are quite high. How about this, I'll go to a meeting and discuss it further to see if we can get a discount. If we can, I'll contact you again."
Xu Maodong panicked when he heard this, "Don't leave! There's still a meeting. By the time you finish the meeting, the grass on my grave will be over three meters high."
He realized that he was being manipulated by Jack Ma.
"Okay, okay, Mr. Ma, five hundred million it is. I'll arrange for someone to transfer the money to you right away."
"Haha, it's a pleasure to work with you."
Happy my ass!
Fortunately, Jack Ma is not the kind of person who takes money and doesn't deliver. In fact, he also wanted to take this opportunity to compete with Huasuan.com.
You're trying to stop WowoTuan from taking off? Well then, I'm going to help WowoTuan grab that last bit of market share and let's see who can compete.
Unbeknownst to many, Taobao's big data has issued a challenge to Huasuan.com.
When Lin Chen heard that Jack Ma wanted to help Xu Maodong, he was first stunned, then he said with great distress, "Xu Maodong, you big idiot, you actually have money? You make money for me, how can you let Jack Ma make money for you?"
Zhang Yiming felt a little sorry for Xu Maodong. This man wasn't even dead yet, so why were they all eyeing the fat translator's meager inheritance?
However, since Taobao wants to fight, Lin Chen is not going to back down.
So, as a first step, Huasuan.com directly adjusted WowoTuan's promotion coefficient to a negative number.
How do you use the negative number method?
Even among the group-buying items on your Wowo group that are more expensive than others, your Wowo group will appear.
However, among the group-buying products on your Wowo group that are cheaper than others, there is none from your Wowo group.
Of course, you'll still be number one when you're at the lowest price, since that involves the website's reputation.
However, how much money does WowoTuan have left for subsidies? It's already pretty good to offer a general subsidy policy, and it's almost impossible to offer the lowest subsidy across the entire network.
After a while, everyone will only have one impression: WowoTuan is really expensive!
But you might say that the information provided by Huasuan.com is incorrect? Well, actually it isn't.
The prices displayed on Huasuan.com are all the actual prices from Wowo.com, but they are only selectively shown.
And I didn't even charge you any money from WowoTuan, and I even gave you free exposure, shouldn't you thank me?
WoWoTuan: I really thank you, thank you and your whole family.
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