Rebirth is very troublesome

Chapter 790 Gathering People’s Hearts ([-])

“Mr. Zuo, let’s talk about ByteDance!”

The meeting continued, and Wang Yu named Zuo Changsheng.

“The situation of ByteDance is somewhat similar to that of Guoke Electronics, but a little different.”

With Qin Shiyu's suggestion, Zuo Changsheng also slightly adjusted his speech: "I won't go into details about similar places, such as the Guoke e-commerce platform, which can directly discuss the launch of the Guoke mobile phone. companies, and now I’m going to talk about a few others.”

In the earliest days, Engine Technology was called one of the four BYTA giants in the Internet industry because its core industries were included in ByteDance, including Guoke e-commerce platform, Guoke Video, BC Station, Guoke Ticketing Online, and Guoke. Shell Games. These are relatively innocent Internet companies.

Some music websites and travel websites that are not 100% controlled were not mentioned by Zuo Changsheng.

Therefore, strictly speaking, Engine Technology is already a comprehensive group company, and ByteDance is the company that will inherit his mantle.

"The chairman said before that when the companies were separated, some were well off and some were focusing on development. I think this metaphor is particularly suitable to describe the current ByteDance."

Zuo Changsheng quoted a sentence from Wang Yu's opening remarks, and then continued: "The most obvious ones are Guoke Video and BC Station. These two are the leading companies in their respective fields, occupying more than 70% of the market. Users. Even so, the former only makes a small profit, while the latter is still at a loss."

Taking out Guoker Video and BC Station for analysis, this was Zuo Changsheng’s thought-out idea over the past two days.

As far as the current market situation is concerned, Zuo Changsheng has occupied the market and has users, but he cannot see a channel for large-scale monetization of traffic. Therefore, Zuo Changsheng himself is not sure which direction the two companies should go next.

In his consideration plan, BC station simply uses financing to expand, and then it will be taken care of wherever it goes. As for the low-profit Guoker Video, he can wait and see whether he will take the path of financing expansion or go straight to it. Listing in place.

He didn’t even mention the Nutshell game.

If such a big cash cow is put on the market, in the Shanghai dialect, it means: the brain is crazy!
Going back and forth, Zuo Changsheng talked about all the different types of companies involved in ByteDance, which took more than twenty minutes.

The discussion was also different from Guoke Electronic Technology. Guoke Mobile Phone was founded not long ago. Even if it is included in the list of companies preparing to be listed, it will not happen overnight. Because of the issue of years of qualifications, unless you plan to buy a shell to go public, you still have to go public. Wait two years.

But ByteDance is different. Most of the companies it holds below were founded in 2003. Once included in the list of preparatory listings, they can prepare directly. Maybe we will see this company appear on the Shanghai stock market next year. inside.

Ten minutes later, the analysis and discussion on Bytedance was completed, and everyone looked at Wang Yu.

Wang Yu pondered for a moment and expressed the thoughts he had figured out in the past two days.

“First of all, let’s talk about the Guoke e-commerce platform. It will be included in the first batch of listings.”

This conclusion is expected by everyone, and some people are even thinking about whether the group will start to form a preparatory group to promote the listing of its companies.

But what Wang Yu said next surprised everyone.

“But before going public, Guoke e-commerce platform needs to conduct one or two rounds of financing.”

Wang Yu looked at Zuo Changsheng and said: "I know you have doubts in your heart. Whether it is scale or profitability, the Guoke e-commerce platform has already reached the standards for listing. Why do you need to carry out several rounds of financing before going public? "

Zuo Changsheng said calmly: "I do have doubts, but I feel that the chairman must have a more serious reason, so I am not in a hurry."

"There is indeed a more important idea, and we just want to take this opportunity to talk about it."

Wang Yu said with a smile: "The Guoke e-commerce platform is now between the B2C and C2C models. It is taking a high-quality route. The core profit has increased, but it has one biggest shortcoming!"

As soon as this topic was brought up, several people, including Zuo Changsheng, fell into deep thought. Everyone was thinking about the shortcomings of the Guoke e-commerce platform. "I'm not here to test you. I'll tell you the answer directly."

Wang Yu tapped his knuckles on the table regularly, glanced at everyone and said directly: "The biggest shortcoming is that the number of users cannot increase. The biggest underlying logic of the e-commerce platform is to have as many basic users as possible! "

"But it's impossible."

Zuo Changsheng thought for a while and said: "The model of Guoke e-commerce platform determines that the customer group it faces is different from Taobao's audience, so it is impossible to have the same large number of basic users as Taobao."

"If it doesn't exist now, it doesn't mean it won't exist in the future. If it doesn't exist now, then we will create one!"

Wang Yu looked at Zuo Changsheng and said: "I have an idea to set up another e-commerce platform, take the popular route, accumulate the number of basic users, and walk on two legs."

"However, this will inevitably lead to competition with Taobao."

Zuo Changsheng hesitated and said: "Chairman, are we starting a little too late at this time?"

"The route I envision is quite different from the Taobao model."

Wang Yu smiled mysteriously: "In a sense, the model I envision is more sinking than Taobao. If I have to make an analogy, it is equivalent to the capillaries in the human body."

Zuo Changsheng's eyes suddenly widened. Although Wang Yu didn't specify what kind of model he would use, he was obviously excited based on his unfailing record over the years.

Once the scene described by Wang Yu can be realized, another company no smaller than the Guoke e-commerce platform will be born!

While I was excited, my heart felt even more itchy.

What kind of model can break through the head-on competition with Taobao and take a big bite of the e-commerce market as a latecomer?
Not only Zuo Changsheng, but others in the conference room were also curious.

"The theme of today's meeting is to discuss the listing, so we won't discuss it here."

Wang Yu did not explain Pinduoduo’s model. It was unnecessary and the timing was wrong.

"I will find another time to discuss this matter with you later."

Wang Yu explained to Zuo Changsheng, and then brought the topic back to the topic: "Guoke e-commerce platform is included in the list of companies preparing to be listed, but after one or two rounds of expansion, the funds for expansion will come from market financing. According to my estimate, it will be launched no later than 2011."

Zhou Aiqing, who was taking minutes of the meeting, recorded these words.

“Next let’s talk about BC Station.”

After talking about the Guoke e-commerce platform, Wang Yu turned the topic to the BC website.

“No financing yet, no listing yet!”

Wang Yu made the final decision with a tone that left no room for doubt.

　Also in the afternoon.

　　
　
(End of this chapter)