As soon as Li Dong returned to the company, Bai Su came to greet him.
Just as she was about to speak, Li Dong said, "Ask CEO Liu to come to the office!"
Bai Su did not dare to ask again. She quickly nodded and went to inform Liu Hong.
Shen Qian saw this and said, "Don't get angry when you come back …"
"I know."
"Then I'll leave first. There are some things waiting for me to deal with at the foundation."
"Okay, you go first. Let's have dinner together tonight."
…
Less than five minutes after Shen Qian left, Liu Hong rushed over.
Just as he was about to speak, Li Dong said, "Take a seat first. So far away, how's the technology situation?"
Liu Hong found a place to sit down and quickly reported, "Everything is going well. We recently launched a few small activities on Weibo. The effect is good. The number of registered users is approaching the 150 million mark. In addition, the English version is almost ready. We are preparing to launch in the North American market in October. On the PP side, we have recently developed a series of emoji packs. In addition, we have enriched the content of the Space and added personalized dressing … Also, on the gaming side, DNF has achieved excellent results. Several other games are in closed beta, and the farm has also been updated … The video website … The browser … "
Liu Hong roughly explained the situation. Half an hour had passed.
Li Dong listened and did not speak. At the end, he asked, "What about the mall?"
"The mall …" Liu Hong paused and thought for a moment before saying, "Overall, it's not bad. CEO Tan is worthy of being the founder of eBay and a veteran in the electronics industry. During the transition period, the turnover of the mall has not decreased. Instead, it has gradually increased. Especially this time, we have reached agreements with many partners. I think the mall will have a period of rapid development. "
Li Dong glanced at him. He really wanted to know if this was what he really meant.
But looking at his expression, it was obvious that he was serious.
Li Dong frowned and said, "But the mall's performance has been declining in the past few months. In five months, even with the addition of tens of thousands of websites, the revenue is only 23 billion. As for the Taobao side, it has already reached 34 billion. "
Liu Hong finally understood what Li Dong meant. He didn't know whether to laugh or cry. "General Manager Li, if you compare us like this, then we are definitely inferior.
Taobao's C2C's proportion was too large. It was not just one merchant, but the combined performance of thousands or even hundreds of thousands of merchants.
We are different. Most of our sales are self-operated businesses.
The mall's self-operated business, together with the Wan Jia website, had a revenue of nearly 18 billion, and it had only been less than half a year.
Including June, it would probably exceed 22 billion.
For the whole year, it will be close to 50 billion in revenue. Just from this alone, our profit will reach more than 2 billion.
On the other hand, Taobao's C2C wasn't profitable at all. He could probably make ends meet.
Their B2C shopping mall, Tmall Shopping Mall, would only have about 5 billion in revenue and a net profit of about 200 million.
The two parties were not comparable. Taobao's goal was to expand the market first before making profits.
Without us, they could have done it.
But now, with our competition Far Away, it would be extremely difficult for them to expand the market by relying on their numbers.
Therefore, the C2C business has actually become a piece of chicken ribs to Taobao … "
Li Dong interrupted. "Not necessarily. You said that C2C still has an advantage in expanding the market. At least in terms of price, we can't compare."
Liu Hong nodded. "That's right. But since the crackdown on counterfeits last year, their individual merchants' reputation has been relatively bad.
With the development of the economy, I think it won't take more than a few years before their business in this area will decline sharply.
And to seize the market, sometimes, it is not enough to just have a low price.
Their logistics is not good, the merchants have different attitudes, and it is difficult to safeguard their rights. Without comparison, it is nothing, and everyone is indifferent.
But now that there is a comparison, it is an intolerable mistake.
As for our shopping mall, ever since we merged with the Wan Jia website, with further exploration and experimentation of the O2O model, although the effect is not obvious, we have accumulated a good reputation.
General Manager Li, we don't have to be in a hurry to surpass them in terms of revenue … "
Originally, Li Dong was prepared to get angry, but after a few words from Liu Hong, Li Dong agreed with his opinion.
He looked at this guy again. These few years, Liu Hong had a lot of experience, and it seemed that he had indeed grown.
On the contrary, he was a little too anxious.
In terms of total revenue, Far Away Mall indeed could not compare to Taobao, but in terms of profit, reputation, logistics, and after-sales service, Far Away was actually stronger than Taobao.
It was not that Far Away was really that amazing, but the key was that Taobao's business was too big, and there were too many people.
What did the concept of tens of thousands of shops mean that there were tens of thousands of owners?
If Taobao wanted to do something, it would first have to deal with these individual merchants.
Whether it was to launch an event, engage in after-sales service, or even set up logistics channels, it had to be approved by these people.
Sometimes, for an event Far Away wanted to do, Taobao had to prepare for one to two months.
Back then, when Ma Yun came up with the idea of opening stores for free, it had to be said that it was a golden idea, and it brought many benefits and opportunities to Taobao.
But now, the economy was gradually developing, and the demand of the masses had also increased.
In the past, people did not care whether the goods were real or fake, and they did not care how fast the express delivery was, as long as it could be delivered.
However, when Far Away gave a promise, strictly cracked down on fake goods, accelerated logistics, and in place after-sales service …
With this comparison, there was a bias in the consumer's psychology.
It was different from the rise of Jingdong a few years later, and there were some twists and turns. After all, at that time, Taobao had already been deeply rooted in the hearts of the people, and Tmall Mall had also started to expand.
Currently, Tmall had not expanded, and Taobao had not been deeply rooted in the hearts of the people. After all, Far Away had only started to rise in 2006, and Taobao had only become popular in 2005.
It had only been a year, and Far Away had physical stores to help expand their reputation. It was not that difficult to say how big the difference in popularity between the two was.
Their brand had not been deeply rooted in the hearts of the people, and Far Away had been ambushed a few times. Although Taobao's performance was about the same as in his previous life, the actual influence was not the same.
Other than their performance, Far Away did not lose to the other party.
Thinking of this, Li Dong said, "No matter what, it is a fact that their revenue is higher than ours. You have to pay more attention to this matter.
A gap of more than 10 billion is still a weakness if word gets out.
Other people don't care how you calculate it, but if Taobao uses this point, they can surpass us in name.
Since the 18th of July is coming, we have to prepare for a turnaround.
"Our suppliers will support us strongly this time. After all, they have been troubled by Taobao's fake goods, and they have been wanting to teach them a lesson for a long time.
This is a rare opportunity, and you have to learn to grasp it.
Anyway, I will not force you all to surpass them in terms of revenue this year, but the difference must not be too big! "
Liu Hong said seriously, "I understand. General Manager Li, don't worry. We will plan well this time, and we will not let you down."
"Ok, that's for the best. Oh, the Olympics is starting soon, and we have gotten the broadcasting rights for the Olympics. Be more careful. Although we are spending a lot of money on the video business now, we will make money sooner or later. Don't be reluctant just because we are spending a lot of money. Make sure the equipment, internet, and web pages are the best. We are not short of money! "
Liu Hong laughed dryly. My God, you say this every day, but we are really short of money.
The shopping mall is making profits, but the investment is also huge.
With such a small amount of profits, we will not be able to make a profit.
Especially when we are dealing with logistics, which is a money-hungry business. Every month, even the supermarket will have to subsidize a large sum of money.
Even so, we are still short of money, and this is the result of saving so much money.
Liu Hong was afraid that Li Dong does not understand the situation, so he hesitated for a while and said, "General Manager Li, IDC's data center is slowing down."
"No more money?"
"Yes."
Li Dong knocked on the table and said, "How much more money do you all need to achieve the best results without affecting the expansion?"
"At least 2 billion."
"Ok. I will inject 2 billion into the shopping mall later!"
"Ah?"
Liu Hong had a look of surprise on his face. Is this for real? You still have so much money?
Li Dong was like the Child of Wealth. Every time the group ran out of money, he would take out billions, as if there was no end in sight.
Feng Yu said 2 billion was just for show. He did not expect Li Dong to take out so much money.
After all, Li Dong had sold his Baidu shares and only raised 700 million.
Where did he get 2 billion in such a short time?
Seeing his shocked face, Li Dong did not say much. The money was actually withdrawn from the stock market.
The stock market gradually exited. Now, more than 2 billion of the 10 billion had been transferred to his account.
Far away Technology's development should be ensured with this money first. Others thought that he did not have money. After two rounds of financing, the value given was not satisfactory to Li Dong.
Li Dong had now seen through the black hearts of these capital organizations. It was like a dream to get money from them.
Since that was the case, he was not in a hurry to get financing. He would wait until the company was fully established.
It was just money. He had raised 2 billion from others. It was a rare thing. He should be able to pay for it himself.
Seeing that Liu Hong still had a look of disbelief on his face, Li Dong waved his hand and said, "I will hold a special board meeting to discuss this matter. You can rest assured and do what you need to do. The money won't be less. Don't always think about helping me save money. Also, put in more effort with MantCom. Launch a mobile payment service as soon as possible. Alipay has been launched. I seem to have mentioned this to you a long time ago. Until now, there is still no confirmation. I don't know how you do things! "
It was not good to get angry in the mall. On MantCom, Li Dong finally found a chance to get angry.
As a big boss, he could not be too easy to talk to.
He was clearly here to pull someone over to criticize Liu Hong. How could he end up being convinced by Liu Hong so easily? Even the development funds were prepared. This was too good for Liu Hong.
Alipay launched a mobile payment service at the end of February. Li Dong had actually mentioned this last year.
However, it was still taken by Alipay. Now that a few months had passed, Li Dong was not asking for trouble.
Speaking of this, Liu Hong said helplessly, "General Manager Li, it's not that we don't want to launch it. The main thing is that our preparation stage is not as long as Alipay. During this time, President Cao has been contacting banks and financial institutions to discuss strategic cooperation. We still have too few financial institutions to cooperate with. Even if we launch a mobile payment service, there are still many limitations. President Cao's intention is to wait until we contact more institutions and reach an agreement with public utilities to pay for water, electricity, coal, and communication. At that time, we can officially launch a mobile payment service. In this way, we will also have our own characteristics. We won't be like Alipay. "
Li Dong's eyes moved and he said, "Alipay hasn't launched these services yet?"
"No."
"Cao Jinsheng, how's the discussion going?"
Cao Jinsheng was the president of the financial business group. He used to be a senior executive in a bank. Far away, he was poached with a high salary.
Cao Jinsheng was very familiar with the financial system and had a wide network.
Liu Hong smiled and said, "It's not bad for the time being. Now we have already discussed with many banks and financial institutions. We will be online with the international version of Weibo by October at the latest."
"That's good."
Li Dong breathed a sigh of relief, but he was still angry.
Damn it, I said that I would get angry, but in the end, I was hit again.
It turned out that others had thought more carefully and in place than him.
Li Dong suddenly realized that he had underestimated the group of people under him. In the past few years, he had been used to giving orders. He was also used to everyone not being able to do anything without his instructions.
But now, Li Dong suddenly realized that everyone was growing.
For example, when Li Dong said one thing in the past, the people under him only knew to do it step by step and had no other thoughts.
But now, when he said one thing, the people under him would think about how to do it better, develop the functions in more detail, and do things better.
In fact, this was a good thing, but Li Dong was still not used to it.
He was used to being a god, looking down on everything and obeying him. This feeling was actually quite good.
Sometimes, Li Dong would complain that the people under him were stupid and brainless …
But even though he complained, the feeling of having everything under control could only be described with one word — cool!
Now that there was a slight change in the situation where he was in control of everything, Li Dong was gratified and also a little disappointed.
But he understood that this should be the normal rhythm.
Cultivating the people under him, cultivating talents, this was what he had always been doing.
There was always a limit to a person's strength.
And without the opportunity of rebirth, Li Dong was actually not better than others. Since that was the case, he needed a group of people who could be relied on and could use their strengths.
Now, everyone was working hard in this direction.
The feeling of awkwardness gradually faded, and Li Dong let out a long breath. In the end, he still did not display his capriciousness as a boss. He waved his hand at Liu Hong and said, "Go do your work. You did well, keep it up."
A smile appeared on Liu Hong's face. This seemed to be the first time he was praised by General Manager Li.
Or rather, it was the first time since he took over as the chairman of Far away Technology.
Since Shen Qian left and he took over as chairman, it could be said that he was trembling with fear and under great pressure. Even his hair fell out.
Now, his efforts seemed to be seen by General Manager Li.
While Liu Hong was happy in his heart, he did not forget to be humble and said, "All of this is under the leadership of General Manager Li …"
"Don't give me that. Hurry up and leave. There's no need to flatter me!" Li Dong scolded with a smile and waved his hand to chase him away.
Liu Hong did not care. Instead, he became even happier and happily left the office.
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