Archived Financial Talent

Chapter 323 The Amazon of China

When Ding Wei returned to Gaoling Capital, he didn't realize that Lin Feng actually promoted him.

Lin Feng made Ding Wei a supervisor of Star Group in Gaoling Capital, that is to say, Ding Wei changed from Zhang Shi's subordinate to his same level.

The supervisor is to represent Xingkong Group to exercise supervision over Gaoling Capital, to see if the company has done anything to infringe on the interests of Xingkong Group, and the position is at the same level as the CEO of Gaoling Capital.

The most important point is that although the supervisor is at the same level as the CEO, the supervisor has the same supervisory power over the CEO.

Before that, Lin Feng was still having a headache about who to send to Gaoling Capital as the supervisor. After all, no matter who he sent, he would definitely be rejected by Gaoling Capital, which would hinder the supervision work of the supervisor in the later stage.

But the appearance of Ding Wei solved Lin Feng's problem.

On the one hand, Ding Wei is still loyal to him, Lin Feng. Although the authenticity needs to be studied, at least there is no problem in showing his face;

On the other hand, Ding Wei was originally a person who led the capital. If he was the supervisor, at least he would face less resistance.

As for whether Ding Wei has seriously performed his supervisory duties in Gaoling Capital, Lin Feng intends to hand over this task to Chen Dajun.

When Ding Wei heard that Lin Feng wanted to invest in Dangdang.com in Lin Feng's office, he was still thinking that Lin Feng must be very disappointed with Zhang Shi's ability at the same time that he agreed to Zhang Shi's investment this time.

After all, he was opposed to Gaoling Capital's investment in Dangdang.com, but now even Lin Feng agreed to invest in Dangdang.com, which proves that his investment vision is not good, and he didn't even see such a good project.

But instead of blaming Ding Wei, Lin Feng promoted him instead.

When Ding Wei returned to the company, the words that Lin Feng said were still ringing in his mind: Ding Wei, you are the person I trust the most in Gaoling Capital. If you want to help me take care of this industry, you must not Losing my money on someone else.

When Ding Wei heard these words, he felt his whole body boiling, and the burden on his shoulders suddenly became heavy.

Zhang Shi was originally afraid that Lin Feng would not agree to this project, but he did not expect that Lin Feng not only agreed, but also wanted to eat all the financing of Dangdang.com.

What made Zhang Shi even more surprised was that on the one hand, Lin Feng agreed to his investment plan, and on the other hand, he actually promoted Ding Wei to the same level as him.

Before Zhang Shi was thinking about who Lin Feng would send to Gaoling Capital as a supervisor, but he did not expect that Lin Feng would actually let Ding Wei become this supervisor.

The most troublesome thing is that Zhang Shi had a falling out with Ding Wei not long ago.

If Zhang Shi and Ding Wei were still good friends before, they would be very happy when they heard the news.

After all, once Ding Wei becomes the supervisor and he is the CEO, Gaoling Capital will be firmly in his hands.

Thinking of this, Zhang Shi was thinking about whether he should find a time to apologize to Ding Wei later, after all, he said those words in a hurry.

But for this matter, Zhang Shi can only temporarily put it aside. After all, the financing of Dangdang.com is imminent, so the financing needs to be resolved first.

With Lin Feng's support, Zhang Shi no longer has any scruples. Anyway, Gaoling Capital is not short of money now, but lacks good projects.

So for this financing, Zhang Shi personally led the team and went to Dangdang.com to talk with Li Qing and his wife.

Zhang Shi had heard of Li Qing and his wife from Dangdang.com before.

Li Qing is very capable and resourceful. When he founded Dangdang.com, he relied on his own connections to attract several million dollars in investment.

Li Qing's wife is Yu Shuang, who is in the capital circle. She is responsible for helping Dangdang.com with capital matters.

So this couple teamed up and developed Dangdang.com into the number one online bookstore in China in just a few years, known as the "Amazon in China".

Later, dangdang moved to other businesses, and after several years of development, it has become an electronic network platform with diversified businesses.

Because of Lin Feng and JD.com, a lot of capital turned their attention to the e-commerce sector.

Dangdang.com is well-known in China. Now that Dangdang.com is going to conduct its third round of financing, many capital parties have come to its door, including some powerful capital leaders.

After several rounds of bidding, Gaoling Capital quoted a valuation of one billion U.S. dollars to Dangdang, becoming the final winner.

Originally, many capitals thought that Gaoling Capital would leave some "soup" for them when they heard that Gaoling Capital reported a valuation of one billion US dollars for Dangdang.com.

After all, Dangdang.com took out [-]% of the shares to raise funds this time, with a valuation of one billion US dollars, that is [-] million US dollars.

They don't believe that Gaoling Capital can eat all of them.

But the result surprised all the capital again.

Gaoling Capital not only took all the [-]% shares of Dangdang.com’s third round of financing, but also took over the shares of other shareholders of Dangdang.com.

When I heard that Gaoling Capital was particularly optimistic about Dangdang.com and wanted as many shares as they had, the capital that had invested in angels at the beginning began to sell their shares to Gaoling Capital, including famous institutions such as IDG and M Country Tiger Fund.

After all, when these capitals first entered the market, Dangdang.com was only valued at a few million U.S. dollars. Now, in less than ten years, Dangdang.com’s valuation has reached one billion U.S. dollars. I also felt that Dangdang.com's valuation of one billion US dollars was too high, so they all settled down and started to leave the market.

So in the third round of financing of Dangdang.com, Gaoling Capital valued Dangdang.com at one billion U.S. dollars, and invested 30.00 million U.S. dollars to buy a [-]% stake in Dangdang.com.

After this financing, among the shareholders of Dangdang.com, Li Qing and his wife accounted for 40.00%, Gaoling Capital accounted for 30.00%, and the remaining 30.00% was held by some small shareholders.

As soon as the news came out, the entire e-commerce investment boom became even more carnival.

After all, the valuation of dangdang.com has reached one billion US dollars, so other start-up companies can also get a valuation of several million.

As a result, more and more entrepreneurs are pouring into the e-commerce industry, and then continue to open stores, raise funds, burn money to seize market share, refinance, and burn money again.

As a result, the business of Ali, the industry leader, was the first to suffer a huge impact.

If everyone starts a business and opens an online store, it may be a good thing for Alibaba, but everyone starts a business and opens a website, and it is still an e-commerce website.

Regardless of what other people buy, it will always have an impact on Ali's e-commerce. If the sales of merchants on Ali's side decrease, Ali's income will also decrease.

Moreover, with the continuous burning of money by those entrepreneurial websites, not only the low-price sales of goods seized market share, but also caused the loss of many users on Ali's side.

Boss Ma of Ali Company looked at the report that had just been handed in below, and before finishing it, his face was full of anger, and then he threw the report out forcefully.

"Old Cai, come to my office."

Boss Ma picked up the phone and called Cai Xin, asking him to come quickly to discuss countermeasures.

"Old Ma, your temper has been a little grumpy recently, this needs to be changed."

As soon as Cai Xin walked into Boss Ma's office, he saw the report scattered on the ground, so he squatted down to pick it up while talking to Boss Ma.

"Tell me, what's the matter with me in such a hurry?"

Cai Xin tidied up the reports he picked up and put them on Boss Ma's desk.

"Isn't it because of the report in your hand that our company's e-commerce business has lost 20.00% of its users in this month." The anger on Boss Ma's face has not yet subsided, and his tone is a bit agitated.

"Old Ma, I didn't provoke you. If you are angry, don't spread it on me."

Seeing the expression on Boss Ma's face, Cai Xin suddenly laughed and joked.

After he finished speaking, he lowered his head and looked at the documents he had just picked up.

Boss Ma slowly suppressed the anger on his face when he heard Cai Xin's words.

A few minutes later, Cai Xin frowned and looked at Boss Ma.

"Is it really that serious?"

Boss Ma said: "Before Lin Feng invested heavily in JD.com and invested huge sums of money in the establishment of Star Logistics, which has led to many people flocking to the e-commerce sector."

"As far as I know, this month alone, there are more than [-] newly established e-commerce companies across the country."

Cai Xin frowned after listening to Boss Ma's speech.

"Even if this is the case, our e-commerce business will not decline so much."

"After all, we have been in this industry for so many years, and it is impossible to have some means of resistance."

Boss Ma said with a wry smile, "Do you know how those e-commerce companies seized the market?"

Cai Xin looked at Boss Ma suspiciously, and said, "Price war?"

Boss Ma said: "If it was just a general price war, we wouldn't be like this."

"But their method is simply giving away money. Our Alibaba company has a big business, how can we compare with them?"

Cai Xin said: "Even if they fight a price war, they still have to make a profit, right? Are they really going to be good businessmen in China and not make any money?"

Boss Ma said: "Not only do they not make money, they even subsidize users with money."

"It's like a paper towel costs two yuan, they sell it for one yuan, and they pay for the rest to subsidize merchants and users. How do you think Ali can fight?"

Cai Xin stared at Boss Ma with wide eyes, unable to believe that there was such a business.

Although Ali also fought price wars when it was engaged in e-commerce, but at that time more people did not make money, but it is not necessary to pay back like this.

Boss Ma is also right. If Ali Company follows the example of these people in distributing money, then according to the current scale of Ali Company, at least tens of billions of dollars will be paid in every year.

Alibaba is not making a lot of money now. It had already burned a lot of money when it counterattacked Penguin e-commerce. Now Ali doesn't have that much money to burn.

What's more, even if Ali Company also subsidizes money like those companies, so what, the situation is still not resolved, and Ali Company is also facing a life-and-death situation.

"No matter how rich they are, they won't be able to withstand such burning. They should stop such behavior." Cai Xin expressed his inner thoughts to comfort Boss Ma.

Boss Ma looked at Cai Xin and said, "The problem is, now a lot of capital is interested in the e-commerce sector, and it keeps pouring in."

"You also know the power of capital. Once those capitals are concentrated to support a few companies, our Alibaba company is not far from going bankrupt."

When Cai Xin heard Boss Ma's words, he suddenly didn't know what to say, and suddenly his throat felt a little dry.

So I walked to the water dispenser, took out a disposable cup, took a glass of water, drank it in a few sips, and then took another glass.

Boss Ma watched as Cai Xin took three glasses of water in a row, and then listened to him gulp down a few sips. Boss Ma didn't stop him, and stood beside him waiting for him.

After drinking three glasses of water, Cai Xin finally felt much more comfortable. He put down the glass in his hand and turned to look at Boss Ma.

"I think we should go see Lin Feng. This time it was all because of Lin Feng. I also believe that he must have a solution."

Hearing Cai Xin's words, Boss Ma's eyes widened instantly, as big as copper bells.

　Thanks for the monthly pass of "Shunfeng Bridge Night Park" "fdffffff".

　　
　
(End of this chapter)