When the wind blows, even pigs can fly!
The group-buying trend is truly attractive.
More and more group-buying websites are being launched, and the best way for these websites to stand out is to advertise and subsidize users.
Meanwhile, internet companies like Wujiang Portal, Baidu, Weibo, and Facebook are raking in huge profits, with their advertising revenue skyrocketing!
Wujiang Building.
"Chairman Zhao, these group-buying websites are getting increasingly aggressive, the competition is fierce, and many of our employees have been poached, including many of our city managers!" Taobao CEO Jiang Pengfan said, his tone revealing a hint of worry.
Others present chimed in, "Chairman Zhao, many Amazon employees have also been poached by other group-buying websites. Moreover, these websites are willing to go to any lengths to expand their market share, resorting to any means necessary. They're fighting both online and offline, and it's not uncommon for regional managers to lead teams of dozens of people into brawls. The two groups meet at the customer's location and then start fighting outside the store..."
"..."
Currently, it seems that only Wujiang's e-commerce websites are still watching from the sidelines, not participating in this competition.
Upon hearing this, Zhao Ye couldn't help but laugh.
"Let them fight it out; the more intense the competition, the better! Currently, almost all major group-buying websites are scrambling to expand in big cities, burning through cash like crazy. Today you're subsidizing, tomorrow I'm subsidizing. However, this blind spending hasn't truly won over users. In their eyes, they'll only shop at whichever group-buying website has a promotion!"
"Right now, our group-buying business must be focused on rural areas! We'll adopt a 'rural encirclement of the cities' strategy to win this battle!!!"
Zhao Ye spoke calmly and confidently.
Big cities are too extravagant; spending money on them now won't do any good.
On the contrary, there is great potential in rural areas and third- and fourth-tier markets. These are markets that other group-buying websites have overlooked, which can bring new users and revenue to the websites.
After other group-buying websites have finished their fierce battles in big cities, leaving them battered and bruised, unable to make ends meet and suffering heavy losses, just when the dust has settled, Wujiang's e-commerce group will step in to clean up the mess and establish its dominance!
The group looked at each other, hesitant and uncertain, with some clearly still deeply worried.
If the decision is wrong, we may lose the group-buying market.
Seeing this, Zhao Ye picked up the teacup on the table, took a sip of tea, and then said in a calm but authoritative tone, "Don't worry, everyone, just do as I say!"
Upon hearing this, everyone reacted immediately and replied in unison, "Yes, Chairman Zhao!"
Zhao Ye added, "Also, pay attention to cultivating the offline sales team! The sales team will be extremely important when developing O2O business in the future!"
"Yes!" Everyone nodded repeatedly.
"Alright, that's the end of the meeting. You can go back to your work!"
Upon hearing this, everyone got up and left the office.
...
Because Taobao and Amazon did not participate in the group-buying competition in major cities, this gave other e-commerce group-buying websites the opportunity to grow and rise. At the same time, it gave people the impression that Wujiang Group felt that with Pinduoduo, it no longer cared about community group buying...
Is this arrogance and looking down on everyone?
This may be a mistake by the decision-making level of Wujiang Group's e-commerce team!
Many people couldn't help but feel secretly pleased, and then accelerated their expansion to seize market share in major cities, aiming to establish their market position before Wujiang's e-commerce companies could react...
The more people hold this view, the more they engage in involution!
Zhao Ye appeared nonchalant, seemingly indifferent to the group-buying industry.
In fact, that is indeed the case at present.
The group-buying war will not be clear for at least another year. It is pointless to worry about it now. As long as the "encircling the cities from the countryside" strategy he has formulated is followed, the group-buying e-commerce market will eventually be taken over by Wujiang Group.
At this moment, Zhao Ye has already boarded a plane and is heading to the capital to attend the China-Africa Investment Summit.
Representatives from almost all of Africa’s more than 50 countries attended the China-Africa Investment Summit.
It must be said that they were lucky. At the beginning of China's reform and opening up, when had there ever been such a large amount of investment coming to their door?
However, Africans are not as hardworking and intelligent as the Chinese, so even with investment, development is slow. To this day, Africa still faces a severe food crisis, with 4 million people dying of hunger every year.
4 million people, that's no small number, it's terrifying!
In fact, Africa is a very rich land, but the locals are lazy and unambitious, so they can only go hungry and beg for international aid.
Western countries blame Africa's food crisis on China's large annual food imports.
Does this mean that if China stopped importing food, Africa would no longer face a food crisis?
Do Africans have the money to buy food?
Are those European and American food giants willing to send food to the people of Africa?
The world's four largest grain giants control global grain prices and have pricing power. Every year, they would rather dump or burn a large amount of grain than sell it, because doing so would cause grain prices to fall.
Africa's development ultimately depends on itself.
The key to getting rich is hard work.
Of course, whether Africa can develop or not is none of Zhao Ye's business.
Zhao Ye simply wanted to acquire African resources and, incidentally, help Africa rise to prominence.
There was no other way; we had to help. After all, Galaxy Mining Group wanted to expand in Africa, and transportation alone was a major problem.
...
The upcoming China-Africa Investment Summit has attracted worldwide attention.
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