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Chapter 332: Sprout strikes hard at home to record the birth of Xixi!(2/3)

Even if they are classmates, they are all recruited seriously.

"I will add one last thing."

Zhang Shuo, however, still had more to say, "The outside world says that Moya is an Internet company, so in terms of supervision, can we also take advantage of the Internet and make some innovations? For example, develop an anonymous reporting platform for employees and mobilize the power of employees.

To supervise the management throughout the entire process.”

"This is not difficult."

Even though Jiang Yue doesn't understand technology, he has great confidence in the group's technology center.

"That's it, the meeting is over!"

It was a regular strategic meeting, but it was unexpectedly turned into an inspection meeting by Zhang Shuo. It was foreseeable that after the meeting, the inspection storm inside the sprout would not stop there.

………

After the regular strategic meeting, time quietly came to August. On the morning of August 2, Zhang Shuo had another pile of grant applications on his desk that needed his signature, mainly including——

Allocate 1.2 billion operating funds to Maili Group, of which 800 million are special funds for research and development;

Allocate 500 million R&D funding to the Fertile Soil Research Institute;

Allocate 300 million R&D funding to Mango Automobile;

Allocate 500 million R&D funds to Daosui Semiconductor;

Allocate 1 billion investment funds to the Particle Fund under Sprout Investment;

Allocate 600 million operating funds to Germinal Real Estate, of which 500 million is project funds.

The total total is 4.1 billion in special allocations. Although it has been reduced from last month, the allocation of more than 4 billion in a single month is still a huge burden for Germination.

The capital chain is still dancing on the tightrope.

--slightly--

[Level]: Level 10 (6.1 million/50 million)

【Cash】: 8.22 billion

[Loans]: 2.5 billion (bank loans) 1 billion (corporate bonds) 8.4 billion (overseas loans)

--slightly--

In the past July, Sprout received a new bank loan of 2.5 billion, an overseas loan of 2 billion, and a direct profit of 900 million from the equity transfer of Auto Network.

In terms of profits, the main ones are the 1.68 billion profit handed over by Jade Bird Interactive Entertainment, and the overseas agency fees for the two mobile games "Hearthstone" and "The Strongest Snail", totaling 850 million.

One month later, Germination's cash flow bucked the trend and increased by 3.83 billion.

The performance can be said to be very impressive.

The liquidity of more than 8 billion yuan has undoubtedly given Zhang Shuo the confidence to continue to flex his muscles.

Entering August, the production of Maili X1 has been officially put on the agenda. In addition to stocking up on core components such as chips, it is also necessary to pay advance payments to upstream and downstream suppliers.

Therefore, the allocation to Maili Group in August includes not only R&D funding of 800 million, but also operating funding of 400 million.

More funding is expected next month.

It can also be seen from this that in order to launch the Maili X1, how much money has been invested before and after Germination? Taken together, it is at least 30 to 40 billion.

If Zhang Shuo hadn't played the trick first, it would have been a bit of a desperate move.

In addition to Maili Group, a major money-drawer, the capital pool of Germination Investment has also bottomed out, and a new investment fund needs to be established to continue investing in the fields of smartphones, semiconductors and electric vehicles.

If you don't do this, you won't be able to build a moat.

………

The next day, Zhang Shuo summoned Lu Kai, Zhao Mingchuan, senior brother Wang Yan and Wu Sheyuan for a meeting.

discussed.

But it is a problem of Pinxixi test operation.

After more than half a year of intensive development, the technology center has finally come up with the internal beta version of Pinxixi. As per the old rules, it is going to be handed over to the operations center for internal testing first.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! When the closed beta is over, Du Qingqing will return from training and be ready to take over.

The problem now is that Pinxixi is different from Panda Live, Tiantian Toutiao, and Frog Browser that were previously incubated by the technology center. They not only emphasize the interaction with users, but also the interaction between users and merchants.

That is to say.

If you want to launch Pinxixi for online testing, you must first find a group of merchants to settle in.

If it were just a quantity requirement, it would not be too difficult. A group of big merchants could be attracted from Mobao and Jingdong to open brand flagship stores in Pinxixi.

After all, with the endorsement of Moya’s reputation in the industry, many big brands are still willing to give Pinxixi a try. Anyway, there is nothing to lose if it fails, and if it succeeds, wouldn’t it be an unexpected surprise?

In addition to the budding endorsement, Pinxixi has had many innate advantages since its birth, such as being able to log in directly with a Weixin account, pay with Weixin, etc.

You can even directly obtain a secondary entrance to Weixin.

It can be said that Pinxixi has already solved the most difficult aspects of e-commerce in advance.

He is truly the chosen one.

The problem is that from the beginning, Pinxixi’s positioning was not an ordinary e-commerce, nor a vertical e-commerce like Jumei Youpin, but a brand new comprehensive e-commerce.

What's new?

First, it pays more attention to social attributes and intelligent recommendations.

The most striking feature is that Pinxixi only has a mobile app version and does not have a PC version at all. Users who want to shop on Pinxixi can only place orders through their mobile phones.

Intelligent recommendations and social attributes are the core strategies of Mobao in its mobile transformation. Mobao itself has not yet completed this step of transformation.

Pinxixi’s ability to go online at this time undoubtedly gave it a head start.

Second, Pinxixi’s core target users are not white-collar workers in first- and second-tier cities, but young people in third-, fourth- and fifth-tier cities, also known as small town youth.

This group has been very neglected before.

Like Ali, after launching Mobao, it launched a certain cat that mainly focuses on genuine and high-end products. However, the support for Mobao's previous knockoff products has been greatly weakened.

This then gave Pin Xixi the opportunity to rise.

Young people in small towns are able to accept new things, chase the mobile Internet wave, and are proficient in using smartphones. However, they do not have strong economic strength and are more sensitive to product prices than product quality.

at the same time.

Compared with migrant workers in first- and second-tier cities, young people in small towns have more spare time and are more willing to spend more time in exchange for price concessions.

Based on this, Pinxixi is destined to miss those first-tier brands when it comes to merchant selection.

At least that's how it was initially.

Those suitable for opening a store in Pinxixi should be vendors similar to those found in Yitung Commodity Market, with affordable prices, low profits, and decent product quality.

Or maybe it’s the various weird products that appear at temple fairs like those in small counties.

Then there are the copycat products.

I also know that these merchants either don’t know how to open online stores yet, or they are too scattered and small in size and require an operation team to connect them one by one.

Only by laying the groundwork in the early stage can Pinxixi be officially launched online.

Fortunately, in the past six months, the operations center chaired by Zhao Mingchuan has not been waiting around. While the technology center is engaged in product research and development, it has formed an internal Pinxixi promotion team.

Coupled with the group's regional companies, a group of initial merchants have been gathered.

Some merchants have already been testing the Pinxixi APP online during the development process, and some are still waiting. Now they can gradually access Pinxixi.

In addition to merchant issues, there is another hurdle for Pinxixi’s online testing, and that is express delivery.

This sprout has absolutely no advantages.

"Mr. Zhang, is Pinxixi's express delivery the self-operated model of Zoujingdong, or the strategic cooperation model of Ali?" Lu Kai asked.

Originally, it was Lu Qi who was involved in Internet matters.

However, Lu Qi still had to stay in Shanghai, and meeting and discussing online was not as convenient as face-to-face meetings. In the end, Lu Kai, the rotating president, took over the job.

"In the early stage of cooperation, we must still be self-operated in the middle and later stages."

The biggest difference between Zhang Shuo's positioning of Pinxixi and the original time and space is that Pinxixi is not used to harvest young people in small towns, but to truly serve low- and middle-income groups.

To be precise.

It is to build a mutually beneficial e-commerce platform between small traders, family workshops, rural cooperatives, small and micro enterprises and other business types, as well as young people in small towns and the left-behind population in rural areas.

One has supply and the other has demand.

The former has actually eliminated many people due to the rise of e-commerce, and even lost their livelihood to support their families. Countless self-employed people have closed down in third-, fourth- and fifth-tier cities.

This is actually quite different from the uncle’s claim that Ahri has created so many jobs for so many people.

As for the products produced by some small workshops and small and micro enterprises, they have been artificially labeled as "copycat and defective products", which is very useful and unpleasant.

From Zhang Shuo's point of view, he opposes piracy, but does not reject counterfeit products.

Who doesn’t copycat?
To be continued...
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