The morning meeting lasted until eleven o 'clock before it ended.
Everyone left. When Li Dong went out, Sun Tao was waiting at the door.
Seeing Li Dong come out, Sun Tao smiled and said, "Let's go out to eat together?"
Li Dong nodded and said, "Let's go together."
The two chatted as they went downstairs.
Li Dong and Sun Tao usually ate in the company at noon, so they had a designated restaurant.
When they entered the restaurant, the boss quickly smiled and said, "General Manager Li, CEO Sun, lunch is the same as usual?"
Li Dong nodded and entered the small private room with Sun Tao.
After sitting for a while, the boss personally came in with a teapot and said with a smile, "General Manager Li, CEO Sun, we just arrived at Maofeng before the Ming Dynasty. Do you want to try it?"
Li Dong smiled and nodded. After the boss poured the tea, he took a sip and said, "Good tea!"
The boss smiled and said a few humble words. Although he understood that Li Dong was mostly being polite, he was still very satisfied and left the private room.
When he left, Li Dong talked about business. "What do you think about the subsidiary company?"
Sun Tao looked for Li Dong for this matter. Seeing Li Dong mention it, he thought about it and said, "I feel that you are a little anxious."
"You don't agree?"
Sun Tao shook his head and said, "It's not that I don't agree, but I feel that it is too fast. The mall has just been launched and has not yet made a profit. It can't even maintain a balance of income and expenditure. At this time, setting up a subsidiary company has more disadvantages than advantages. "
Li Dong was not anxious. He smiled and asked, "Why do you say so?"
Because they were not in the company, Sun Tao did not hide and said directly, "I will say two points. First, if Far Away Mall is separated and financially independent, will there be any changes in the investment of Far Away Mall?"
Li Dong thought about it and said, "I don't think so. Maybe I will increase my investment."
Sun Tao frowned and disagreed, "If that's the case, then what's the point of setting up a subsidiary company? The investment is not small, and we can't make a profit in the short term. Setting up a separate team will only increase expenses. "
Li Dong smiled and said, "It's mainly to avoid risks."
"Risk avoidance? Do you think the mall is too risky? "
"It's hard to say. After all, this is the Internet industry. You and I don't really understand it. During this period of time, I've studied a lot of Internet companies, and at the last moment, it's almost inevitable for them to go public. So, I want to split them up in advance to save me trouble in the future. "
Sun Tao carefully pondered over Li Dong's words. After a long time, he said in surprise, "You want to be listed independently? What about the Faraway Supermarket? "
In the eyes of these executives, going public was almost an inevitable move.
Generally, when a company reaches a certain point, it will go public.
Sun Tao had always thought so. He felt that Li Dong would definitely go public in Faraway Supermarket at a certain time.
But now, from what Li Dong said, it seems that he wants the mall to be listed independently, and the parent company of Faraway Supermarket will still maintain independent operations.
Li Dong casually said, "I don't want to go public in Faraway Supermarket. At least for now, I don't have this idea. What do you think?"
Sun Tao didn't know what to say for a while. He was at a loss when Li Dong suddenly said this today.
After a long silence, Sun Tao whispered, "Let's not talk about this first. I still have some doubts. After setting up the subsidiary company, how will the management team be decided?"
"It hasn't been decided yet. Splitting the mall is not a short-term matter. We will talk about it when the time comes."
Sun Tao smiled bitterly. We will talk about it when the time comes.
Although the subsidiary company was nominally under the jurisdiction of the parent company, it was actually very independent and had its own management team.
Who was the current management team in the e-commerce department? It was Shen Qian. It was fine if Shen Qian was in charge of a department in the company, but to let her be the chairman of the subsidiary company?
Sun Tao felt that this was very unreliable. It was a bit difficult to let a developing company be managed by Shen Qian.
If it wasn't for Shen Qian, it would be more troublesome.
The e-commerce department was almost single-handedly built by Shen Qian. If someone else was in charge, what would Shen Qian think?
She put in so much effort to build the mall, only to be taken advantage of by someone else. Who would be willing?
Therefore, Sun Tao felt that it was not the right time to split the mall at this stage. Li Dong couldn't give him a satisfactory answer.
Sun Tao sighed softly. He was full of helplessness, but he didn't know what to say.
After a while, the dishes were served.
Li Dong and Sun Tao didn't drink. They continued to talk while eating.
After a few words, Sun Tao started a new topic. "Have you heard about Times Supermarket?"
"Which Times?"
"Sunan Times Supermarket."
Li Dong thought for a moment and asked, "You mean the sale of Times Supermarket?"
"Yes. Recently, Huarun Resources, Wumart, and Lianhua have been contacting the management of Times Supermarket. They want to complete the acquisition. Once Times Supermarket is acquired, I'm afraid we will have some trouble in the future."
Sunan Times Supermarket and Suguo were the leaders in the retail industry. Suguo had been acquired by Huarun Resources.
If Times Supermarket was acquired by Huarun Resources, then Sunan would be controlled by Huarun Resources.
Far away's strategic goal was also the Sunan region. Far away's goal was to enter the Jiangsu, Henan, and Shandong regions. At this time, if Sunan's retail industry was unified, Far away would have almost no room to survive.
If it was acquired by the other two, Far away's situation wouldn't be any better.
Wumart mainly operated in the Beijing and Tianjin regions. Once it opened up the Sunan region, it would complete its strategic expansion and could even open up the market in Jiangbei.
From the looks of it, the best outcome was for Times Supermarket to be acquired by Lianhua. This was probably the smallest threat to Far away.
Li Dong thought for a moment and recalled the memories in his mind.
He didn't have a deep impression of Times Supermarket. After all, he didn't leave Jiangbei much in his previous life and didn't know much about the retail industry in other regions.
But there was one thing that Li Dong remembered clearly. In the end, Times Supermarket wasn't acquired by any of the three companies.
Moreover, Times Supermarket wasn't listed yet. Li Dong vaguely remembered that Times Supermarket would be listed in the second half of next year. It was only after a period of time that it was acquired by Lotte Mart.
Wumart probably had the upper hand in the beginning and even announced that it would invest to acquire half of Times Supermarket's shares.
But after that, Wumart was investigated by the government and stopped trading for a long time, causing it to be unable to pay the purchase price and was forced to stop buying Times Supermarket.
Thinking of this, Li Dong didn't take it to heart and said, "Let them play. It has nothing to do with us."
Sun Tao saw this and said, "How can it have nothing to do with us? Far Away is preparing to enter the Sunan region, right? Mergers and acquisitions are very popular now. If we can acquire Times Supermarket, then the Sunan strategy will be half completed. "
Li Dong almost choked to death!
After coughing for a while, Li Dong looked at Sun Tao in surprise and said, "Are you sure you're not drunk?"
Sun Tao laughed dryly and said, "I'm sure I'm very sober."
"Then do you know how much Times Supermarket is worth now?"
"About 2 billion."
Li Dong said angrily, "Then you still say you're not drunk? I think you're drunk. Far Away is not as big as Times Supermarket. You want me to swallow up a big company? You're dreaming. "
If possible, Li Dong would naturally be happy to acquire Times Supermarket.
Times Supermarket is not only located in the Sunan region, but also in Henan and Lu provinces.
Once Times Supermarket is acquired, then Far Away will develop by leaps and bounds, from Jiangbei to the entire East China region.
Now in the East China retail industry, China Resources is the dominant enterprise, and other supermarkets and shopping malls can only bow to it. Far Away is no exception.
Li Dong's biggest competitor in the East China region is China Resources, especially its subsidiary Suguo, which is the obstacle for Far Away to enter the Sunan market.
Previously, Li Dong's idea was to take it step by step, using the influence of the shopping mall to slowly nibble away at them.
Now these old retail overlords have not paid attention to online. Li Dong's idea is to use the influence of Far Away Mall to slowly nibble away at the customer base of the younger generation. In a short period of time, there should not be too much conflict with China Resources.
In addition, China Resources is not a monopoly. Other people are happy to see him touch the bottom of the tiger. Li Dong is not afraid that he will be collectively suppressed by the industry.
However, this will take time. Although Li Dong and Shen Qian say that they are domineering, in fact, he is not very sure.
Even if they can eventually go out of Jiangbei, Far Away will not be the dominant enterprise in the East China region in a short period of time.
To surpass the influence of China Resources in East China, Li Dong does not know how long it will take. Maybe he will not see hope in this life, but it is not impossible.
Rebirth is not omnipotent. He can lead Far Away to the right path, but he cannot guarantee that Far Away will be invincible.
However, now that Sun Tao mentioned it, Li Dong seems to feel a little hope, which is very contradictory.
After thinking for a long time, without waiting for Sun Tao to speak, Li Dong said again, "The acquisition of Time Away is indeed a good move. Since you said so, do you have any ideas?"
Sun Tao touched his nose and said awkwardly, "No, but I think we can try."
"Try how? It is useless to talk about this without money, and we want to do a full acquisition. Otherwise, the subsequent restructuring will be very troublesome. The full acquisition will definitely have a premium, and two billion is not necessarily enough. At least 2.5 billion, and it must be a cash acquisition. Why do you think we can get the idea of buying Time Away? "
Sun Tao winked at Li Dong and whispered, "Mr. Shen!"
"Go to hell!"
Li Dong said sourly, "I think you are really drunk. More than two billion, is it something that Shen Qian can decide?"
Sun Tao chuckled, "Doesn't Secretary Du want to see Far Away annex Time Away? This is a local enterprise of Jiangbei invading Sunan, and Jiangbei and Sunan have been old rivals for so many years. If we can annex Time Away, Secretary Du will also be proud, right? "
Li Dong said, "In your dreams. You are trying to gain something without risking anything. Do you think Secretary Du is a fool?"
If it was one or two billion, Secretary Du might help Far Away in order to deal a blow to the opponent.
Two or three billion is too much. Unless Li Dong is his son, he can't even be his son-in-law. Old Du is not that crazy.
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