Once the meeting ended, the department heads left in a hurry.
There was not much time left until 7.18. The things that were decided in the meeting had to be implemented as soon as possible.
After they left, Shen Qian looked at Li Dong worriedly and said, "If there is a huge loss this time, do you think we should shorten the period?"
The more she thought about the month-long sales war, the scarier it was.
Especially after Far away offered all kinds of preferential conditions, the monthly sales might exceed 10 billion.
Even with a 5% loss ratio, the department store would lose more than 500 million.
In addition, the department store was not the only one that would lose money. The logistics side would also lose money if the delivery fees were waived.
The employees' salaries were not free, and there were other expenses such as transportation costs. The losses added together might exceed everyone's imagination.
Li Dong gently rubbed his temples and said, "No need. One month it is. I don't believe we can't beat them! Don't think too much. The total e-commerce market share last year was less than 40 billion. In the first and second quarter of this year, the total market share was only about 20 billion. I really don't believe that we can sell tens of billions of things in a month. If that's really the case, it will be our chance. Who knows what will happen between the gains and losses. "
Shen Qian asked, "Are you really that optimistic about the e-commerce market?"
If not, Li Dong would not have spent so much to compete.
For any company, losing hundreds of millions was a big deal, and they would not take the initiative to do so.
Only Far away, even though he knew this would happen, Li Dong still chose to persist. It could be seen that he was full of confidence in the future of e-commerce.
Li Dong nodded and said, "That's right. I am full of confidence in e-commerce. This market is huge, and it will only get bigger in the future. Even the physical market might be affected. "
Shen Qian was a little uncertain and said, "Do you really think so?"
The current e-commerce market share was almost negligible. It was hard for Shen Qian to imagine such a day.
Li Dong chuckled and said, "Maybe. Who can say for sure in the future? But it's fine as long as I'm optimistic. Also, how are your preparations for what I told you before? "
"What …"
Shen Qian wanted to ask what was going on, but she quickly reacted and said, "Are you talking about Opper Mobile?"
"Yes."
Shen Qian was not in a hurry to reply. Instead, she asked with a puzzled look, "Why did you buy the Opper's shares? Are we also going to enter the small home appliance industry? "
"No." Li Dong smiled and said, "I want to make mobile phones."
"Pu!"
Shen Qian almost died from shock. After a while, she said speechlessly, "Why did you make a mobile phone? Also, even if you make mobile phones, what's the point of buying Opper's shares? They don't make mobile phones. "
"Who said that? Since the end of last year, Opper has been involved in the mobile phone industry. However, due to technical and financial issues, they haven't launched their own phones yet. "
"But …"
Shen Qian was still puzzled. Nowadays, there were many mobile phone manufacturers.
Let's not talk about why Li Dong wanted to do it. Even if he wanted to do it, there was no need to choose Opper, right?
It was hard for Li Dong to explain. In fact, it was not that he had to make mobile phones. He just wanted to control a mobile phone manufacturer and complete the industry chain.
Nowadays, Far Away Mall, PP, Weibo, distribution platforms, all these things were online. Mobile phones were the real end products.
Without mobile phones, everything else was like duckweed without roots.
Moreover, the era of smartphones was approaching. Of course, Li Dong wanted a piece of the pie.
When smartphones were just rising, the four big families of China's Cool Alliance were the mainstream. However, it was best for Li Dong not to have any designs on these four companies.
They were no weaker than him now. Even if he had designs on them, it would be useless.
Of course, Li Dong was not interested in them. Putting aside the fact that he had invested too much, in a few years, only Huawei would still be strong among the four big families.
In the later period, it was Vivo, Oppo, and Xiaomi that really rose to prominence.
Xiaomi did not have this concept yet. Without a company, Li Dong naturally had no way of getting involved.
Vivo was owned by Bubugao, and Bubugao Group was not weak either. Similarly, Li Dong had no chance of getting involved.
No matter how he looked at it, the only one who had a chance was OPPO.
Now that OPPO had not even released its first mobile phone, almost no one cared about this small company.
Although OPPO came from Bubugao, Li Dong knew that the founder of Bubugao did not have a lot of shares in Opper. The current Opper did not have much to do with Bubugao.
Moreover, last year, the boss of Opper wanted to enter the mobile phone industry. He had invested a lot in it, but the mobile phone had not been released. Now, they were facing financial difficulties.
With the right time and the right place, Li Dong did not want to let go of this opportunity.
He was not interested in making mobile phones. However, if he could control a well-known mobile phone manufacturer, it would be very helpful for the future of Far away.
Li Dong was also not interested in running it himself. He could just leave it to the original team.
He would come up with some ideas from time to time to speed up the development of Opper. This should not have much of an impact. Also, this way, his entire mall system would be complete.
Of course, the most important thing was money.
Now, Opper Communications was not a well-known company. Their LCD TVs had also ended up incurring losses. Then, small home appliances and MP3 players were also at the stage of making money.
Chairman Chen Yongping wanted to make mobile phones, but he did not have enough funds. The launch of the first mobile phone was still a long way off. If this continued, Opper would not be able to hold on.
At this time, Li Dong entered at the right time.
It was not a lot of money, and it was easy to get the controlling stake.
The founder of Bubugao did not think much of Opper. Moreover, the founder had retired behind the scenes and did not care much about these things.
Chen Yongping himself was at his wit's end. He did not care about the controlling stake as long as he had the management rights.
This was also the helplessness of many companies. The founder and the head of the company were not the biggest shareholders.
However, everyone was used to this. As long as the company was still in their hands, it meant that there was still a chance to make a comeback. That was why everyone was so keen on financing and going public.
These thoughts flashed through his mind. Li Dong did not dwell on it and asked, "Have you contacted the other party?"
"No."
Li Dong was speechless. Didn't I tell you to contact the other party long ago?
Seeing this, Shen Qian laughed. "I have always been in Pingchuan. How can I contact the other party? But I have sent people to Guan City. Now, we have made contact. According to the news from there, the other party can sell part of the shares, but I am afraid it will be difficult to get the controlling stake. "
No one wanted to give up the controlling stake unless it was desperate.
At this time, although Opper lacked funds, it was not at its wit's end. It was not easy to get the controlling stake.
Moreover, the other party had a close relationship with Bubugao Group. Even if they were at their wit's end, the other party would be more willing to return to Bubugao Group.
Of course, whether Bubugao Group was willing to accept this burden was another matter. The current Opper was indeed a burden.
Hearing this, Li Dong thought for a moment and said, "Let's continue to talk. If there is really no way to get the controlling stake, then buying shares is fine. Of course, my idea is to get the controlling stake. At this time, the other party's company value is not high. The valuation should be less than 1 billion … "
Before he finished speaking, Shen Qian shook her head and said, "Not to mention 1 billion, I don't think it's worth even 500 million. In fact, there are a lot of companies in Guan City that are similar to Opper. I don't understand why you are so interested in them. If you really want to make a mobile phone, you can just buy a company. It is better than this. Don't tell me you are thinking of Bubugao Group? If that is the case, I think it is better to give up. Bubugao Group is the leading brand in Guangdong Province. The local government will not let us get the controlling stake. Moreover, we do not have the ability to get the controlling stake. It is too difficult. "
Shen Qian's guess was also in line with the speculations of others.
At this time, people might also think that Li Dong wanted to get the controlling stake in Opper.
Although the business scope of Distance and Bubugao did not overlap, if Bubugao were to be used as a downstream industry, it seemed that it would work. Of course, there were still many unreasonable points. After all, if they really wanted to lay out a downstream industry, they would not need to acquire a large group like Bubugao.
Li Dong did not say anything about this. In fact, he had nothing to explain.
Just as Shen Qian said, there were a lot of companies like Guan City and Opper. It was hard to understand why Li Dong wanted to get the controlling stake in Opper.
If Li Dong knew about mobile phones, then it was just like what Shen Qian said. He could just find a random company.
The key was that he did not know about mobile phones. Of course, he had to find a successful person to do this.
He did not participate in the management of Opper. Li Dong felt that there should not be too many changes in the future. The brand would still be on the road to rise.
He could not just give up the ready-made company and start his own business. If that was really the case, Li Dong would not be willing.
Li Dong did not say anything. After Shen Qian asked, Li Dong burst out with male chauvinism. "You don't have to worry about this. Just listen to me. Continue to talk. Whether the other party's valuation is 500 million or 1 billion, it is worth it to spend 300 to 500 million to get the controlling stake. "
300 to 500 million seemed like a lot now. But when the other party rose up, this amount of money would not even be enough to fill the gaps between their teeth.
Shen Qian rolled her eyes. She was too lazy to ask anymore. She said listlessly, "I know. Also, let me remind you. Don't spend money recklessly. Land is a one-time deal. If you spend all the money now, I want to see how you will expand in the future. "
This time, the mall will suffer losses, and the logistics will suffer losses. Li Dong still needs to build the data center. Also, Li Dong still needs to acquire Opper.
Also, he needs to expand in Beijing and Tianjin, and Li Dong's Shanghai and Yu Province expansion plans. The money from selling the land will not be enough.
There are so many areas that need to spend money, and Li Dong still said 300 to 500 million is not a problem. Shen Qian does not know where he gets his confidence from.
Li Dong laughed. "It's just money. It's fine. We will have money when the time comes."
"I hope so."
Shen Qian does not want to hurt Dong Xuebing's feelings. She hesitated for a while and asked. "When will Qin Yuhan be back?"
"Ahem … … Should be tomorrow."
"Tomorrow?" Shen Qian frowned. "Then … … Will she be going to the Provincial Party Committee Compound?"
Li Dong does not know how to answer this question. He lives in the Provincial Party Committee Compound, and since Qin Yuhan is back, she will definitely come. He can't stop her from coming.
But if Dong Xuebing goes to the Provincial Party Committee Compound, Shen Qian will also have a headache.
Li Dong hesitated for a while and said. "I will not be going back to the Provincial Party Committee Compound these few days. I will be staying at Jinhu Garden for a while."
Shen Qian's face kept changing, and after a while, she said. "Up to you. I will be leaving first. Also, there will be some activities at the mall, and I will be busy. Don't disturb me if there's nothing important. "
After saying that, Shen Qian walked out of the conference room.
Li Dong did not stop her. He rubbed his head and sighed. "Damn. It's not easy to have multiple partners!"
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