Almighty crossover king

Chapter 406 The e-commerce war begins

Baili's official flagship mall, investing in logistics and express delivery, building Baili's credit system, and opening Baili's financial loan...

At the press conference, every measure of the Baili Group was aimed at the Longteng Group.How Longteng Group plays, Baili Group will play, and it will be bigger and more colorful.

Although the Longteng Group has made a lot of noise during this period, it cannot compare with the Baili Group in terms of scale.Baili Group is now the world's largest e-commerce platform, and its influence is not only in China, but also in other countries.

Baili Pay has already entered many countries. In terms of market share, Longteng Group's share is relatively small.Although Longteng Group took the lead in creating Yu'ebao, in the current Chinese market, Longteng Group's share is at most only a quarter.

In terms of scale, the weakness of Longteng Group lies in its scale.It started relatively late and its market share is very low.This is a fact that cannot be changed. After all, when Zhang Fan was reborn in this world, Baili Group was already number one in the world.

It is not easy for Longteng Group to win such a large domestic market.If you were someone else, you wouldn't even want to achieve this achievement.

"Baili Group's press conference is a big move..."

"Target Longteng Group, Baili Group's big action..."

"The Baili credit system is established, and the era of credit is coming..."

"The e-commerce war is on..."

"Logistics attaches great importance to rural areas, and the rural market has attracted the attention of e-commerce..."

"Baili Group will create Baili Taxi..."

The press conference of Baili Group caused domestic media to report one after another, and news of Baili Group began to appear on a large scale in the media.Baili's official flagship mall is also officially launched. At the same time, Baili Group has begun to burn money on a large scale. The prices of many products are currently very low. The goal is very simple. It is a price war with Longteng Group to see who can persist at last.

E-commerce war, price war, this invisible business competition has reached the most intense time.Relying on its terrifying scale and huge funds, the Baili Group is not afraid of burning money at all.

However, Longteng Group was suddenly at a disadvantage in this regard.The money is not as much as the Baili Group, and the scale is not as large as the Baili Group. Originally, the advantage of Longteng Mall is the price advantage. Now that this advantage is lost, the life of Longteng Group has suddenly become difficult.

"Xunfei's self-operated mall is back online, and the self-operated model guarantees authentic products..."

"Xunfei's credit system is established..."

"Xunfei Group's efforts in e-commerce..."

"Xunfei Group will enter the taxi-hailing market..."

While Baili Group and Longteng Group were busy, Xunfei Group quietly joined the battle.Xunfei Mall has been re-launched after a revision, and has completely adopted the self-operated model of Longteng Group.

Build a self-operated store, and the price is also very attractive.Obviously, Xunfei Group also wants to get a share of this market.At the same time, both Xunfei and Baili Group have announced that they will build their own taxi-hailing software. Obviously, no one is willing to give up in this market.

In the headquarters of Longteng Group, Zhang Fan watched the news with a serious face.Obviously, the current situation is extremely pessimistic for Longteng Group.The two giants have joined this e-commerce war, and they have sufficient funds.

Compared with them, Longteng Group's biggest weakness is that it does not have sufficient funds.Burning money, this war has entered this stage, that is, it has entered the stage of burning money. Without money burning, this war cannot continue.

Longteng Mall needs to burn money, and Longteng taxis need to burn money.The other subsidiaries are not counted, but these two big money-burning households are under too much pressure on Longteng Group, which has not yet been listed.

"Chairman, the financial pressure we are facing is very high. At present, these two companies are burning too much money. If Baili Group and Xunfei Group increase their efforts, our funds may become very insufficient."

Xu Huang said seriously.Burning money shouted, a bottomless pit, no one knows how long this bottomless pit can burn.Capital wars are life and death, and the competition is who can persist until the end.

The Baili Group and Xunfei Group have come all the way, and they have also walked over other people's bones.It is not that many e-commerce groups are not excellent, but that they cannot persist until the end.

In the final analysis, the market is still a game of capital.In the case where the method is equal to the opponent, the comparison is whose capital is stronger.E-commerce is not a high-tech thing, and there are not many technical bottlenecks.Longteng Group seized a lot of opportunities by relying on new tricks. Now Baili Group and Xunfei Group are catching up head-on, and Longteng Group's advantages of early opportunities are quickly lost.

"Chairman, it really doesn't work, let's go public. Financing is also fine..."

Xu Huang looked at Zhang Fan, wanting to solve the financial problem.At present, there are two best ways to go public or raise funds.Now Longteng Group is a non-listed company, and Zhang Fan holds [-]% of the shares. In the current society, there are very few companies like Longteng Group.

"It is not yet available for sale..."

Zhang Fan raised his head and went public. Currently, Zhang Fan is not ready to list his company.Although listing can quickly get funds, Zhang Fan himself will also be subject to some supervision.

The most important reason why Longteng Group can develop so quickly is Zhang Fan's words.It is precisely because of Zhang Fan's courage and assertiveness that Longteng Group has risen rapidly in such a short period of time.

Zhang Fan's talent is obvious to all. When Zhang Fan was in the company, he was basically talkative.Zhang Fan either doesn't care about the company's affairs, or he must listen to Zhang Fan's own opinion.

"Chairman, do you mean financing?"

Xu Huang looked at Zhang Fan and couldn't help but ask, before, there was a lot of capital that wanted to raise money for Longteng Group.But Zhang Fan did not agree.

"Raising funds is not just a means of financing. In the current situation, how much money do you think is enough?"

Zhang Fan asked seriously.

"According to the current pace of money burning, it is at least tens of billions of money. The longer the time, the more money you burn."

Xu Huang said seriously.Burning money. At present, both Longteng Mall and Longteng Taxi need to burn money.Especially Longteng Taxi, Yidan Baili Group and Xunfei Group entered the taxi market, and it will definitely be a price subsidy war.

As for Longteng Mall, it also needs to burn money.Such a large-scale enterprise burns money too quickly, after all, the market is too big.If you can't find a profit point, the time to burn money will be longer.

Zhang Fan nodded with a serious face.At present, Longteng Group's first priority is to raise funds and burn them down.The second is to find a way to make a profit and find the most suitable profit point.

Only by making a profit can the problem of burning money be solved.Otherwise, it will only burn money and not make a profit. This is a bottomless pit.Besides, Longteng Logistics still needs a large amount of funds to improve. Thinking of this, Zhang Fan squinted his eyes and began to think about his own advantages.

(End of this chapter)