Chapter 473: The Internet Era of Consumption
"Hey, in short, we have lost a big worry. Su Cheng can't blame others for committing suicide. Brother Hu, the construction of the third production base in Star City is progressing very quickly. Let me tell you, I'm ready
Ordered production equipment.”
Chen Jialin came here today just to order equipment. Regardless of whether Hu Yang usually worried about Hard Rock Technology or not, he would always say hello in advance on these major events.
"Okay, just order whatever equipment you should order as soon as possible. Just send me a list of equipment later."
Hu Yang nodded and agreed to Chen Jialin's equipment purchase plan.
"Okay, I'm just waiting for your words. So, Brother Hu, I'm going to leave first. I've been running around Deep Sea Star City recently, and I'm really busy."
Chen Jialin said goodbye and left. He felt that he had to lose a few pounds because he was so busy recently.
"Mr. Hu, Mr. Liu from the e-commerce company is here."
Not long after Chen Jialin left, Wu Xinhui knocked on the door and walked in, telling Hu Yang that Liu Qiang wanted to see him.
"Oh, please invite Mr. Liu to the reception room. I will be there right away."
Hu Yang has not been paying attention to e-commerce recently. He has to continue burning money anyway, and there is no hope of making a profit for the time being.
He arranged the documents on the desktop, then got up and went to the small reception room.
"Mr. Hu..."
Liu Qiang stood up and said hello to Hu Yang, looking worried.
"Take a seat, Mr. Liu. Assistant Wu, please bring two cups of coffee."
Hu Yang sat down with a smile, and Wu Xinhui quickly brought two cups of white coffee.
"Mr. Hu, after we obtained the search engine technology, JD Mall's website has undergone several major optimizations. Now the experience of on-site search and off-site search is very good."
Liu Qiang began to report to Hu Yang on the work situation during this period. In a nutshell, the company has unlimited potential for development, and profits will have to wait.
"So what do you think are the main difficulties you are facing now?"
Hu Yang is satisfied with the work achievements of Liu Qiang, Lin Yan and others. But he would also like to hear about the problems the company has encountered during its development.
"The difficulty now is that it is a very difficult process to change people's shopping habits. We have also put in a lot of advertising and increased the intensity of various discounts, but the effect can only be said to be unsatisfactory.
Another big problem is payment methods. Currently, banks are launching online banking, but because the customer experience is not very good and security needs to be improved, the number of customers is growing very slowly."
Hu Yang agreed very much with these two points Liu Qiang said.
It is indeed not easy to change a person's shopping habits. The market still needs to be slowly cultivated. And the upgrade of payment methods requires patience.
"Mr. Liu, Tao.com has launched a certain payment method, which is a new payment method developed by them. Have you noticed it?"
At this stage, a certain treasure is also playing a soy sauce role. If he wants to be widely accepted by people, he has a long way to go.
Liu Qiang looked embarrassed and said: "I have been paying attention to a certain treasure, but we do not have the research and development conditions for the time being. I prefer to cooperate with online banking."
What Liu Qiang said is true. Everyone is so cautious about shopping. It will be more difficult for everyone to accept new payment methods that involve their own funds.
Hu Yang nodded and did not force Liu Qiang to develop something similar to a certain treasure. He remembered that in the past time and space, the only thing that could compete with a certain treasure was a prestige payment. But so far, the prestige of the Penguin Empire
The software hasn't been released yet.
Of course, cooperating with online banking is also a good choice at this stage.
"Mr. Hu, Yahoo has made an announcement and is preparing to acquire Tao.com. As you know, Yahoo is the world's largest Internet giant. I'm worried that the combination of the two will have a huge impact on us."
After parting ways with Google, Yahoo already has a sense of crisis.
During this period, Yahoo first acquired the entire company for US$2.7 billion. Then it accelerated negotiations with Mababa and prepared to acquire part of the equity of Taowang Group.
This matter puts a lot of pressure on Liu Qiang and Lin Yan. After all, compared to Yahu, the e-commerce company owned by Hu Yang is still a junior.
"Well, there will definitely be an impact, but it's not as big as you think. Mr. Liu, for you, the most important thing right now is to lay a solid foundation and continue to promote the construction of the website and logistics system. As for the pressure on funds,
You don’t have to think too much now, I will solve it for you as appropriate.”
Hu Yang could understand Liu Qiang. Today's online shopping platforms are, to put it bluntly, a waste of money. In addition to competing for internal strength, the most important thing among competitors is to see who can last.
The emergence of Yahu will inevitably bring new financing to Taobao. This is what Liu Qiang and others are most worried about.
Hu Yang did not need e-commerce companies to go around for financing, so he took advantage of this opportunity and simply provided Liu Qiang with support.
"That's great! Mr. Hu, with your words, I will definitely be able to develop the company."
Liu Qiang came to see Hu Yang with an uneasy mood, but now he regained his confidence. For an Internet company, financial support is crucial.
But he still has a hidden worry in his heart. He wonders how much financing Taowang can get from Yahoo?
Things soon came to an answer.
Mababa and Yahu signed an agreement, and Yahu transferred all the assets of its subsidiary Yahu (Dahua) to Tao.com, and at the same time injected US$1 billion into Tao.com.
Yahoo thus obtained 39% of Taowang Group's equity and became the de facto largest shareholder.
This is the largest acquisition by an Internet company in China so far. After Taowang has received US$1 billion in funding, it has a great chance to leave other companies behind.
"Tsk tsk, the international giants are really extraordinary! Mr. Hu, now the pressure on Mr. Liu and Mr. Lin is even greater."
Xia Bing came to see Hu Yang that day and talked about this matter.
After all, the merger and acquisition between Yahu and Taobao has far-reaching consequences, and many people have been talking about it during this time.
"Well, there is no motivation without pressure. I believe they will not let me down. Mr. Xia, based on your analysis, how should e-commerce deal with it next?"
Huijia Holdings is the absolute majority shareholder of the e-commerce company. Although Xia Bing does not interfere in the company's specific affairs, she still has to worry about the direction.
"I think the time is now ripe for e-commerce companies to raise a new round of financing."
Xia Bing saw clearly that whoever can survive will achieve the final victory. The prerequisite for an e-commerce company to survive is to have sufficient funds, which is the same as Tao.com.
"Well, I have the joint-stock reform plan submitted by Mr. Lin here. You can take it back and take a good look at it. We will discuss it at the next regular meeting of the decision-making committee."
Lin Yan's plan has been submitted to Populus euphratica for a long time. Populus euphratica did not implement it immediately, but now the time is just right.
"Okay, I'll go back and study it carefully. Mr. Hu, US$50 million of the equity proceeds from the sale has been left in the accounts of North American Venture Capital, because we still have some taxes and fees to pay. The remaining US$1.3 billion has been
If you transfer to an offshore company (Huijia Group), you will be idle for the time being?"
After the transaction with Yahu was completed, Xia Bing was also responsible for the aftermath. She didn't know what to do with the US$1.3 billion in idle funds, so she came to discuss the matter with Hu Yang.
"Don't worry about this now, I estimate that the funds will be used soon."
The e-commerce company will undergo a shareholding reform, and Hu Yang plans to introduce offshore companies as new shareholders. This time he plans to be on par with Tao.com, and the amount of capital injected will probably be around US$1 billion.
Xia Bing immediately understood what Hu Yang meant, and said with a smile: "I should have thought, why is the boss willing to let Taowang compete? Yes, I am just worrying. Then I will leave. See you at the meeting in two days."
Hu Yang immediately stood up and sent Xia Bing to the elevator before returning to the office.
"Assistant Wu, help me call Mr. Ma from Shenhai Tengfei, make an appointment with him, and tell him that I'm going to treat him to a barbecue."
Hu Yang wants to take advantage of the e-commerce joint-stock reform to straighten out some things in advance.
And Xiao Ma's Penguin Empire is an indispensable and important part of his plan.
Wu Xinhui smiled and nodded in agreement, but what the hell is eating barbecue?
Nowadays, Populus euphratica's daily diet is generally much more particular than before. It must be nutritious, environmentally friendly and healthy. At least Wu Xinhui has never seen him eat food like barbecue.
Less than ten minutes after Wu Xinhui turned around and left, Xiao Ma's phone called the landline on Hu Yang's desk.
"Mr. Hu, you have a lot more arrogance now. This is not good."
"Mr. Ma, if you have anything to do in the future, you can ask your secretary to notify me. I really don't have any airs. Many times I'm just too lazy to make phone calls myself."
Of course, the relationship between Hu Yang and Xiao Ma is not that of superior and subordinate. The two of them get along now. They are more like friends.
"Yeah, I can't beat you. As soon as you called me and asked me to have a barbecue, I knew something big was going to happen. In this case, it's better to choose a different date. See you at Maxlin Barbecue Bar at six-thirty in the evening."
Xiaoma eating barbecue is a joke, but it is only known to Xiaoma and Hu Yang, as well as a few entrepreneurial veterans of Shenhai Tengfei.
Xiao Ma was also very poor when he started his business. The company's New Year dinner was a barbecue and beer at a roadside food stall.
It seems that the first time Hu Yang and Xiao Ma had dinner were sitting on the street eating barbecue?
Therefore, this is a repertoire between the two.
Of course, with the current status of the two of them, it is not easy to sit on the street and show off, so it is wise to find a barbecue bar with a good environment.
In the evening, Hu Yang came to this barbecue bar on time.
Chapter completed!