What's wrong with me being a rich man?

Chapter 200 Intention
Yu Xing arrived in Lin'an one day earlier than the agreed time.

In addition to discussing prices on the price comparison website, he also wanted to take a look at Bai Xiaosheng's advertising here, so it was inevitable that he had to take a look.

Buses, subways, office buildings, and commercial centers. Fenzhong Media, which has experienced being shorted by a large number of people, may be worried about encountering another "look back". This year, its rectification actions have been very thorough, and it has spent a lot of effort to increase the number of screens.

The latest contract price between Bai Xiaosheng and Fenzhong Media is 1956 million per year. Judging from the results alone, it is really quite satisfactory.

"There are seven Fenzhong Media screens on this floor. Our advertising time seems to be quite penetrating. Fenzhong, Fenzhong..."

While eating in the mall in the evening, Yu Xing casually talked about the screens he had just counted, still feeling a little emotional.

"Fenzhong Media seems to still be sued by the United States, but Mr. Kong said that its effectiveness has been increasing." Secretary Zhang Yangxu said with a smile, "Mr. Yu, the way you counted Fenzhong's screens just now is similar to the one who shorted Fenzhong, Guo Shanfeng."

Yu Xing couldn't help but feel his heart skip a beat when he heard this. He looked up and said with a smile, "Really?"

Zhang Yangxu nodded seriously: "Yes, I heard that Guo Shanfeng asked someone to count the number of screens one by one, and then Fenzhong Media's stock price plummeted."

Yu Xing hummed, and asked curiously, "Do you know anything about short selling?"

"I don't know much about it, but I just read the news on Wall Street recently, and I saw Shanfeng shorting Sino-Forest, so I know a little about it." Zhang Yangxu explained, "I think 'Deception Forever' is pretty cool. I hope we can have a mature short-selling mechanism in China."

Yu Xing suppressed the urge to correct him and changed the subject with a smile.

It was quite a strange feeling to hear people around me suddenly mention the mountains.

The number of Bai Xiaosheng's users has grown to 154 million. According to the current growth rate, it will reach about 180 million by the end of this year. It is still relatively stable and smooth. One of the main factors is that there is no competitor at present.

Just talking about the workplace platform, Bai Xiaosheng, who has the first-mover advantage, will find it difficult to encounter courageous challengers in this area.

Yu Xing spent a day strolling around Lin'an, thinking about Bai Xiaosheng's situation and felt that it was very good.

The framework is clear, the development is stable, and the revenue business is in the making. Now as long as we continue to get money, we can move forward in a healthy way. The only slightly worrying issue is the departure of Liu Hao. Whether such a charismatic person in charge can be successfully replaced will largely determine the extent of Bai Xiaosheng's progress next year.

The next morning, Yu Xing arrived at Alibaba's headquarters half an hour early, and then met with Cheng Xiangwen, the deputy director of Taobao Mall operations who was in charge of the acquisition, at 10 a.m.

"I'm sorry, Mr. Yu, we just had a small meeting that ended late." Cheng Xiangwen hurried to the office and greeted Yu Xing enthusiastically.

Yu Xing's smile was also very sincere: "It's okay, it's okay. I just happened to visit Alibaba. I went to see Penguin when I worked in Pengcheng before. After this time, I almost visited Baidu."

Cheng Xiangwen smiled and said, "But Mr. Yu must have used Baidu. I wonder if Mr. Yu has tried our Taobao Mall?"

"I just checked it out after I heard that Taobao Mall will offer the lowest price on the 11th." Yu Xing introduced the topic half-seriously, "I have to say, I think the timing of Taobao Mall's promotion is really great. If they can really do it, then they must be the ones behind it."

The price war involving multiple brands including Gome, Suning, JD.com, and Yixun has already attracted attention in the mainstream media, and has further expanded its scope of influence.

Price war is a double-edged sword. Although it has quick effects, it can also easily cause chaos.

Therefore, it is very likely that relevant departments will intervene.

However, there are only 9 days left until Double , and even if these companies stop fighting now, Taobao Mall's "lowest price on the entire network" can still take on the public opinion effect of this round of price war. Yu Xing had never thought that he would attract Alibaba's attention and interest, but after receiving the acquisition intention, he understood the other party's intention.

All I can say is that these people have a strong ability to find and seize opportunities, and are indeed trying their best to transform them into competitive advantages.

"Haha, this is a coincidence, but we just want consumers to experience high-quality and low-priced products." Cheng Xiangwen talked freely, "So, I quite appreciate the value demonstrated by price comparison websites."

Yu Xing quickly took out a pen and said, "Mr. Cheng, please sign. Double Eleven is not far away. I won't waste any more of your time. Hurry up and take the money and leave."

Seeing this man's behavior, Cheng Xiangwen smiled and said, "Mr. Yu, the price comparison website is very interesting, but your price is still a bit high. But I asked you to come here to talk not to tease you, but because I have a better plan. We are willing to invest in the price comparison website, which can not only bring you some funds for development, but also increase the value of the price comparison website. We can even calculate the shares according to your 800 million valuation."

This plan was too loud.

Yu Xing immediately shook his head and said, "That won't work, Mr. Cheng. If you had said so earlier, if you had said earlier that you wanted to use the price comparison website as a publicity channel and only pay a publicity fee, then I wouldn't have come. Today, Alibaba has invested in you, paid two or three million, and then promoted your Double Eleven. How can my price comparison website do neutral price comparison tomorrow? Other websites will have to block our information crawling."

"Just like when I was a knowledgeable person, I would not accept investment from such a large company, because once I accepted it, no matter whether my position changed or not, I would not be able to explain it clearly to the users."

"You seem to have bought some shares, but in fact you bought the life of my website. How can I accept this?"

Cheng Xiangwen advised: "Mr. Yu, it's not as serious as you say. As long as you present the price correctly, users won't care so much. What position? Those are not as important as convenience of use."

Yu Xing just shook his head. He would never agree to such a plan.

Cheng Xiangwen tried to persuade him a few more times, but seeing him like this, he could only say, "Mr. Yu, if you say so, our position is even more problematic if we buy your website, and we can't buy it."

Yu Xing said in return: "Mr. Cheng, it's not as serious as you say. As long as the price is presented correctly, users will not care so much. What position? Those are not as important as convenience of use."

Cheng Xiangwen was stunned, then he laughed.

He lowered his head and thought for a while, then put forward a new request: "Mr. Yu, how about this, since you really can't accept this plan, if we reach an agreement on the acquisition, the price comparison website must provide advantageous comparisons in the near future, especially on Double Eleven..."

Yu Xing frowned and interrupted him abruptly: "Boss Cheng! One is one, two is two, it's sold, it's sold. It's impossible for me to continue doing this after selling it. I never do this kind of thing behind the scenes!"

He stood up and said righteously: "Although I am not a well-known figure, I am also somewhat famous in the circle. Mr. Cheng, you can ask about my work style!"

Cheng Xiangwen looked at Yu Xing in front of him and really didn't say anything further.

Although I don't pay much attention to Bai Xiaosheng, I will do some research before intending to acquire him, so I naturally know about Bai Xiaosheng's development and deeds. I have to say, this person is quite a character.

Cheng Xiangwen extended his hand to signal Yu Xing to sit down and talk, then shook his head: "Mr. Yu, if you don't want to do this or that, it will be difficult to negotiate the acquisition price. The technical difficulty of the price comparison website is not high. We don't have to take over the price comparison website for our promotional activities."

Yu Xing nodded, agreeing with this point, but then said, "Mr. Cheng, it's really not that difficult to run a price comparison website. However, I think we should focus on the returns, not the millions of dollars in front of us. Taobao Mall was established and disbanded, and it was established again this time. It launched the Double Eleven promotion and also shouted the slogan of the lowest price on the entire network."

"If it succeeds, Alibaba will gain the first shot of its B2C strategy, Taobao Mall will gain more voice, and your team will get more internal resources. What's the big deal about such a small acquisition fee?"

Cheng Xiangwen looked at Yu Xing deeply, and nodded slightly after a while. This was indeed the truth. Taobao Mall also had to compete internally, and this Double Eleven was an important test.

(End of this chapter)