Reborn Entrepreneurial Giant

Chapter 439 The Payment Guarantee Incident

Qu Li is preparing for the future geometry press conference, and Lu Qi officially announced that Jumei will establish "Tongda Network", which will build a "China Smart Backbone Logistics Network" in China and provide services for all third-party platforms, which has attracted widespread attention from domestic and foreign media and discuss.

The direct consequence was that Jumei’s stock price fell, and it fell below the market value of 20 billion U.S. dollars in a few days.

The establishment of "Tongda Network" has made many people puzzled. Jumei Logistics can't meet the needs of Jumei. Why should such an open logistics enterprise be established? Can you do whatever you want with money?

"We have no choice but to do this." Lu Qi explained the reason in an interview with the media. The development of Juhuasuan requires the services of social express delivery companies, and the level of third-party express delivery companies varies. The establishment of Tongda Network is the information used by Jumei. means……

"What about Jumei's open logistics service? Since Jumei Logistics can't meet the needs of the platform, why should it provide external services?" The reporter directly questioned the management of Jumei.

"Jumei Logistics is good at 3C home appliances and fast-moving consumer goods..." Lu Qi also explained that Tongda Network also provides services for Jumei Logistics and social express delivery. It has a wide range of sources of funds, and it is not Jumei's investment...

"Our starting point is to improve the service level of domestic e-commerce logistics infrastructure..."

"Tongda Network is an independent entity..."

Jumei Logistics and Tongda Network have not yet been accepted by the public, and yet another "shocking" news broke out. Yahoo disclosed a news when it submitted its first quarter financial report to the SEC. It was not informed and approved by the board of directors and shareholders of Alibaba Group. Alipay Alipay Just conducted an equity transaction, transferring the equity to a company controlled by Ma Yun and another founder...

The Internet at home and abroad was shocked for a while, Ali and Yahoo came to the forefront, discussions about integrity were rampant, and Taobao and Tmall fell into turmoil.

The origin of this incident was Ali’s acquisition of Yahoo China, or Yahoo’s $1 billion stake in Ahri, accounting for 40% of the shares and 35% of the voting rights. However, in October last year, the Ali founder team lost its privileges, which means that they may lose control of Taobao Tianmao.

Personally unwilling, Ma Yun had to find a way. At first, she wanted to buy back some shares from Yahoo, but the CEO of Yahoo was an unreasonable woman, so she directly rejected Ahri's team.

Alipay is the only payment tool for Taobao Tianmao. More than 99% of the payments on the two platforms are through Alipay. A knife that can cut at Yahoo.

Just last year, the relevant department issued the non-bank institution payment regulations, and used it as a shield. In fact, Ma Yun has assigned Alipay's shares to her personal name since 2009. As for why it didn't erupt until now, who knows? Maybe at the end of March this year, Ma Yun completed the final layout and was about to issue a third-party payment license, so she gave Yahoo an ultimatum.

The payment insurance incident is complex and simple, and it can be analyzed clearly from the perspective of interests. The focus of domestic public opinion instantly shifted from Glory, Jumei, and "Tongda Network" to Ari, Taobao, and Baoyun.

Ari and Ma Yun have been caught in huge negative public opinion, and it will be difficult to get out in the next few months, and such actions, how can they not make their partners feel cold. The cooperation between "Tongda Network" and the courier company has suddenly become smooth, which is really a "happy surprise"!

It stands to reason that "Tongda Network" is of greater value to Taobao. Why should Ali be prepared, such as establishing "Cainiao Network", but now? Ma Yun has to deal with public opinion doubts in China and the United States, and possible legal The lawsuit will also force Yahoo to make concessions to ensure the founder team's control over Ahri.

It can be said that Ali Taobao had no competitors in China at all, until Jumei appeared, Lu Qi chatted with Qu Li on the phone, and they were really helpful when talking about this matter. Some people who pay attention to the competition in the domestic e-commerce market also talked about this incident: "Jumei has made a foolish move this year, and it seems to be falling behind. I didn't expect Ahri to mess up..."

"Yeah, that kid is immature, but he's so lucky."

"Seven points are destined, three points depend on hard work, accept fate..."

It's an open logistics platform, and it's building an "accessible network" to serve third-party logistics. It also has to take care of domestic and foreign e-commerce retail businesses. I don't know how Lu Qi will cooperate with this kid.

There are many things that the outside world does not know, but Jumei itself has a strong profitability. The gross profit of the domestic self-operated business itself exceeds 15%, and the foreign part accounts for about 30%. Profit, revenue from external customers of Jumei Logistics, search for ancient songs, etc. Jumei’s cash flow is higher than that of Ali, so there is a gap in net profit.

But Quli has financial capital support behind it. Most of the non-key node storage center construction has "others" to pay for it. Juyun Technology's data center is built by "others", and Jumei is responsible for its management. It is precisely because of this relationship that the next Yu'ebao, Jumei will cooperate with Xiangjiang Fortune.

Ari is in trouble, Jumei’s internal staff must be happy, especially Dadongzi and Xu Lei, the pressure of competition has been reduced a lot, and they can dig corners hard. Those who didn’t want to open a store in Juhuasuan before, many people have changed. Idea, in case Taobao fails, at least there is a way out.

Naturally, Jumei will not attack Ari Mayun in public opinion, but if Jumei and Juhuasu miss this rare opportunity, it is simply unreasonable, and they will be struck by lightning.

Lu Qi asked Qu Li to go back to the meeting to preside over the poaching operation, but the press conference of Future Geometry is in preparation, of course Qu Li will not compete with Dadongzi and Xu Lei for credit. The two tried their best on the phone. Although he knew that Ma Yun had such a disaster, he didn't expect to take the opportunity to snatch a big client.

In other words, Jumei seems to have no shortage of big customers. Jumei Logistics provides logistics services for a large number of domestic brand owners, and already has a good foundation for cooperation. So, this time is Juhuasuan taking advantage?

It is said that the transaction volume of Juhuasuan has surpassed that of Jumeigoudong. This trend is unlikely to be reversed in the future. Will Jumei change its name to Juhuasuan? Abandoning these messy thoughts, Qu Li refocused on the launch event of Qiancheng Geometry.

The press conference was scheduled for May 20th, and many media were invited. Qu Li even wanted to invite overseas media to attend, but what if it hit the street? With a good product, it will definitely sell well. It seems that domestically produced cars have never been sold for 660,000 yuan. Can consumers accept it?

"Can you subsidize 60,000 yuan?" Qu Li went to the Beijin City Hall to ask for money. The original price was 660,000 yuan, and the subsidy was 120,000 yuan. The price of 540,000 yuan should be very attractive, right?

"We still have to discuss this matter, and you didn't contact me sooner..."

"It's early enough that we haven't even started building cars..."

"You want hunger marketing again?"

"What is necessary, we never do such unworthy things..." Qu Li objected

"Then when will you have the existing car delivered?"

"We have to wait until the end of the year, our factory hasn't even started construction..."

Who said that you must have your own factory to produce cars, can't we build them by hand?

"You guys are so unreliable, it's not easy for us to apply." The leader was embarrassed

"But we are the only car company in the world that has mastered the core technology of three electric power!" Qu Li

"I'll think of a way..." The leader felt that the people who really did things could not be chilled

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