novelslam Chapter 1113 Changes (4K)
Chapter 1113 Changes (4K)
Chapter 1113 Changes (4K)
Mi Tuan played the banner of 300 cities.
This matter not only made Li Guoqing's dangtuan.com attach great importance to it, but also made the Tuanbao.com, which is now the number one in Kaesong, extremely nervous.
Tuanbao.com was founded by Thousand Oaks Group.
Speaking of which, Thousand Oaks Group once had a superficial relationship with Yike. It once wanted to acquire Xiaonei in the hands of Wang Xing, but it was not as rich and powerful as Yike. Therefore, Xiaonei introduced Yike as a capital and upgraded it to a friend. net, and finally passed into the hands of penguins.
At that time, Thousand Oaks thought it was the finale of the social battle, but Wang Xing and Yi Ke, who had retreated sadly, made a Weibo out of nowhere, and then cheated Penguin.
Because of this, Chen Yizhou, the head of Thousand Oaks Group, has a different kind of respect and vigilance for Yike. When he seized the opportunity of group buying to set up Tuanbao.com and carry out the most radical game in China, he always had a layer in his heart. Worried, will Yi Ke end up in person?When will it end?
Every time Chen Yizhou talked about Yike and Yike Department, such a commercial force in China, he couldn't help admiring that it was so dynamic.
Especially Mr. Fang, the leader of the Yike department, he is so active.
Now that the news that part of Yike's team rushed to help Mituan was confirmed, and as Mituan made a strategic shift, Chen Yizhou breathed a sigh of relief, but inevitably became nervous again.
It seems that he didn't face Yi Ke, and it seemed that he was going to face Yi Ke.
Tuanbao held a meeting to discuss how to deal with challenges and threats.
"Mituan.com is not popular. Mr. Lei used to write codes. What kind of market does he know?" Bao Jiehui, the deputy general manager of business of Tuanbao.com, looked down upon Mituan, the first company to start a business in China, and its leader. .
"The problem is this Yi Ke." Chen Yizhou was wary of this.
Bao Jiehui said with a smile: "Yi Ke ended and didn't end, but I think this is good for us. Yi Ke didn't end directly, so we don't have to face it directly. Yi Ke sent people to Mituan, so we can Compared with it, there are too many group buying projects in China, we still need financing, we need money, and with financing, our next urban development will be smoother and we can snowball our advantages.”
Tuanbao has almost opened 100 cities, which is far more than the second Dangtuan.com.
However, this also means that the operating costs of the website are rising sharply, not to mention that larger projects are now cashbacking to attract users.
Tuanbao needs financing to maintain its own operations, and it needs financing to support the next rapid development.
Of course, a project that can compete with Biyike can win more support from the employer.
When Chen Yizhou heard such a judgment, he really felt that it made some sense.
Looking at today's group buying market, the four major domestic giants have invested more or less. If this continues, the entire track will become a arena for competition between giants!
In turn, it can be verified that everyone is really optimistic about this track.
"Mituan.com has launched the banner of 300 cities, how do you think we should set the next goal?" Chen Yizhou asked for opinions.
Some say 360, some say 320, some say 288, and the lowest is in the early 200s.
Tuanbao.com has relied on radical strategies to get to the present, and now it is even more important to implement it to the end.
"How about we just play the slogan of 301 City? It just hits the end of Mituanwang." Bao Jiehui mentioned a number.
Chen Yizhou felt that the problem was not a big one, since it was all a false indication anyway, the most important thing now was to make a high valuation based on the current size, and he needed to run Tuanbao.com's next round of financing in person.
However, just as the meeting was coming to an end, the number 301 was quickly overturned.
"Mr. Chen, Mr. Bao, we can't call 301 cities anymore. Li Guoqing's dangtuan.com official website has updated its plan to expand its business to 301 cities across the country!" The vice president gave the latest news.
Coincidentally, Dangtuan.com is 301.
"Then let's go to 302, 303. You see, I'm going to the United States tomorrow to discuss financing. Numbers are not important. The resources for our next development are the most important." Chen Yizhou talked about his arrangements.
As for why not domestic financing...
This matter is rather delicate. The four giants will end together. Even if Tuanbao.com has the largest city scale today, it may be difficult to get a good price. Instead of doing this, it is better to go directly to the birthplace of group buying O2O.
Anyway, the domestic domain name of Tuanbao.com is the same as Groupon, the originator of the United States. The other side must have a better understanding of the advantages and prospects of Tuanbao.com.
Chen Yizhou has become more and more involved in Tuanbao.com in the past few months, and the more he feels that the concept of O2O has great potential. If he can build a platform that connects users and merchants, he may even create another giant in the future.
The next day, Tuanbao.com was still discussing what figure to use as the company's goal, and Chen Yizhou had already flown to New York with his team, preparing to meet with two well-known venture capitalists.
Among them, the venture capital named GGV is the focus of this trip. It has the experience of investing in domestic companies, and I believe it will be easier to gain recognition.
On March 3, Chen Yizhou's team met with people from GGV.
After Chen Yizhou briefly introduced the company's situation, he talked about the concept of O2O with great confidence.
The project book in the other party's hand contains detailed information about the company. What is more needed now is to let GGV understand its own understanding of O2O and the ability of O2O to leverage the offline market.
However, as Chen Yizhou kept talking, the expression of the GGV team gradually became weird.
"Mr. Chen, Mr. Chen, it's okay." After listening for a while, GGV Vice President Danni couldn't help interrupting, "I can see your confidence in this so-called O2O, and I also believe in the word you created. Very...very respectful, but we can talk about investment after you continue to verify the so-called O2O concept with practical work."
Chen Yizhou was stunned after being interrupted like this: "Dani, why is it so-called O2O? Our group.com can be said to be the Chinese version of Groupon. Isn't this worth investing in?"
He had been mentally prepared that he would not get the investment, but he never expected it would be so soon, for such a reason.
"We believe that a good company worthy of investment should be more real, rather than boasting about a new concept, a new concept that has not been verified at all." Dani said coldly, "To be honest, in the I hadn’t even heard the term O2O before today.”
Chen Yizhou was even more stunned.
Never heard of O2O?What about Groupon?
Hey, how did I logically put O2O in my mind so deeply?
Chen Yizhou recalled urgently. Seeing that Danni and his party regarded him as a clown showing off their concepts, he suddenly grasped the source when the other party got up one after another.
"Wait, Dani, maybe you haven't heard of O2O, but have you ever heard of Yike Company and President Fang Zhuo? They came up with this word!" Chen Yizhou quickly searched for the source of this word.
I don't know if it was proposed by Fang Zhuo, but it was indeed from Yike at first.
The people of the GGV team stopped leaving. Dani and her colleagues looked at each other. Her expression softened and she asked, "Is it proposed by Mr. Fang of Yike? O2O, what did you mean by that?"
"It's Online To Offline, it's Mr. Fang. He is very optimistic about the prospects of this model and has already made related investments in Huaxia." Chen Yizhou showed a peaceful smile, "In fact, we are the same kind of project that Mr. Fang invested in. Competition, but we've taken the lead."
He sensed something, and stopped targeting Yike, but talked about Yike's investment in companies of the nature of Mituan.
Danni pondered: "It turned out that Mr. Fang proposed it, no wonder it is so...has a concept, is he okay in Huaxia?"
Chen Yizhou complained in his heart, Made, Fang Zhuo, who are you?New York is so big, can throwing a rock hit any VC you know?
He looked at the GGV team who sat down again, and said with a smile: "Mr. Fang is very good. He is driving his company to attack the instant messaging field. Perhaps this is the most critical move since the establishment of Yike."
Iman, another member of GGV, said with a smile: "No, no, no, Yike company used the stock market to solve Nokia's patent problem. This is the most critical thing it has ever done."
Dani objected: "I think the moment Mars is released is the key step for Yike."
Chen Yizhou just watched the two foreigners arguing with Yi Ke with a smile on his face.
Fortunately, this kind of debate is not over.
"Since Mr. Fang named it that way, it must make sense." Dany nodded in recognition of the concept of O2O, and continued, "Then let's talk about the similarities and differences between you and Groupon. As far as I know, Groupon will have a future." Eastern plans, how are you going to defend against Groupon's attack?"
Chen Yizhou has already discovered the communication code, and said in a deep voice: "Groupon is certainly very strong and developing rapidly, but just like the development of eBay, Google, and Amazon in China, there is a big problem here. Mr. Fang has pointed out many times In this regard, the localization of international companies is an extremely difficult matter to solve.”
"I think it's too late for Groupon to enter China now, let alone the future?"
"Whether it's Yike, Penguin or Ali, they all have their own group buying plans. Is Groupon stronger than them?"
Chen Yizhou regained his confidence to speak freely.
Dani and the others discussed in a low voice.
Ian suddenly asked: "Where is Baidu? You didn't seem to mention Baidu just now? It is also a well-known company in China."
"Well, Baidu moved a little bit, and it doesn't seem to be that interested." Chen Yizhou didn't think about this issue carefully, and said intuitively after a few seconds, "Its advertising revenue is very profitable and has been growing."
Dani nodded, and first mentioned a change in the arrangement: "Today's time is relatively late, and we can talk about your Tuanbao.com competition in China on the 3rd."
Chen Yizhou said with some embarrassment: "On the 3rd, I have already made an appointment with Japan's Softbank. They have always been very interested in the Chinese market."
Dani thought for a while, and changed her words: "Tomorrow, we should all be more cautious in the face of an emerging market, but we should not lose opportunities because of caution."
Chen Yizhou nodded slightly, agreeing with this person.
Although...it wasn't like that just now.
Because of the conceptual endorsement of well-known figures, the meeting with GGV went much smoother.
When the exchange was over, Chen Yizhou and others immediately checked the relevant information in the United States, but they did not see any movement of "O2O" in the mainstream media.
"Co-author, is this a model description made up by Mr. Fang himself?" Chen Yizhou felt dumbfounded, and was almost killed for preaching such a concept...
"Mr. Fang edited it, but Mr. Fang can give it to Yuan. Mr. Fang is really famous in the United States..." Ding Tengfang, COO of Tuanbao.com, sighed.
"In the United States, especially in New York, Mr. Fang killed all the hedge funds in Nasdaq. I heard that he was queuing up to the rooftop at that time, so he couldn't help being famous." Chen Yizhou felt quite strange about what happened today. I can only say, "Indeed, mentioning Mr. Fang is really useful. When we came back from Japan, when we talked about financing with Softbank, we have to mention Mr. Fang."
The executives of Tuanbao nodded one after another, Mr. Fang is really helpful.
Soon, this communication experience was verified again on another venture capital.
American venture capitalists seem to have a natural view of Chinese companies, but they can quickly accept the narrative of this model after having a cognitive medium, which makes Chen Yizhou at a loss for what to say.
Anyway, as long as it works.
After meeting with two American VCs, and on the way back to China, he went to Tokyo to meet with Softbank. Tuanbao.com initially completed its financing intention, which made Chen Yizhou and others very satisfied.
Just when the head of Tuanbao.com was about to take a flight back to China from Tokyo, he suddenly received a call from the deputy general manager Bao Jiehui.
Alibaba intends to invest in Tuanbao.com!
And, Wei Zhe, Ali's president, hopes to meet and discuss investment matters, not only about money, but also willing to send a marketing team to help Tuanbao.com with city construction and management.
Is Ali trying to imitate Yike's investment in Mituan?
Even the marketing team should be dispatched the same way?
It's called helping hand, but it's actually an annexation, right?
Chen Yizhou just had a brief discussion and informed Bao Jiehui on the phone: "You tell Wei Zhe that we, Tuanbao.com, have no interest in investing in Ali. Tuanbao is already No. 1 in this market, and we have the confidence and strength to consolidate this position. "
"However, I heard what Ali said. They are very interested in the group buying market. This involves the competition for the underlying electronic payment market. If we don't accept its investment, Ali may have to do it himself." Bao Jiehui said cautiously .
Juhuasuan already has a group buying service on Taobao, but it is different from the mainstream group buying method. It is an online product group.
"Come on, I think Ali will do it by himself sooner or later. After all, our Tuanbao.com will have to go through the impact of giants to achieve final success." Chen Yizhou said deeply, "Let Ali and Yike go together."
Tuanbao.com's market position and smooth financing gave him the confidence to face the giants.
Giants are nothing but bigger companies.
Chen Yizhou set foot on the flight back to China, and Tuanbao officially rejected the investment intention from Ali.
After Dangtuan.com launched the banner of 301 cities, Tuanbao.com also launched the slogan of 302 cities.
This made Fang Zhuo a little funny when he got the news later.
300, 301, 302, is everyone's competition so orderly?
Is this Yi Ke and Mituan wanting to use smoke bombs, or is everyone doing smoke bombs?
Fang Zhuo believes that the trend of the group buying market is worth watching.
However, news from Ali soon caught his attention. Ali, who had been rejected for investment, seemed to want to end up doing O2O in person.
This also means that Ali's China Iron Army will come in handy.
(End of this chapter)