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Chapter 1072 Let’s see who burns the money first

Hua Hua Hua

Thank you BOSS.

Before the meeting even started, I heard such good news. The senior executives of the celebrity group present applauded, and Qi Liang thanked everyone on behalf of everyone.

Although the assets of the celebrity group are expanding rapidly, their annual salary is far less than enough to buy a luxury yacht. This reward from the big boss has made their actual assets rise a lot.

Okay, let's get started.

After stopping the flattery from his subordinates, Zhou Anan directly started the meeting agenda.

Xiaonei.com has rejected our acquisition proposal. Next, Weike's focus of publicity will shift from social groups to major universities.

Regarding the proposal to acquire the school network, Zhou Anan passed it at the meeting at the beginning of the year. Unfortunately, the other party did not agree to the acquisition, which made him feel a bit regretful.

The current situation is that campus network resources with many fans in major universities are still good. After the acquisition of celebrity microbloggers, they can seamlessly occupy the online social field of domestic universities without spending any effort on publicity.

It's a pity that Xiaonei.com has greater ambitions and wants to go public independently.

In Zhou Anan's memory, the other party was indeed successfully listed on Nasdaq, but because it had no core competitive products, its popularity declined within a few years, and it was finally reduced to a place where it was packaged and sold as an Internet company, which is sad.

In promotional activities, you can choose some young and positive artists to do a tour.

Listening to the CEO and others discussing the strategic direction of the company's development, Zhou Anan occasionally added a few words, but did not provide much guidance.

So far, celebrity micro-bloggers are on the right path. As long as they don't seek death, it is inevitable to ring the bell on Nasdaq.

As a behind-the-scenes boss with average leadership and average business capabilities, Zhou Anan only needs to let the group avoid traps that don't need to be stepped on. That's enough.

Actually, Zhou Anan doesn't want his company to go public and expose part of his wealth. He prefers to be a low-key rich man.

However, Celebrity WeChat has involved the interests of too many people, and its development trajectory is no longer decided by him as a major shareholder. Zhou Anan can only maintain control of this social giant and let it cruise in the direction he wants. .

As for the asset exposure issues that may arise after the company goes public in the future, Zhou Anan also has the idea of ​​hiding himself behind certain investment institutions.

Keep a low profile, but he will persist to the end.

BOSS, I want to report to you alone.

Come to my office.

After more than an hour of meeting, Zhou Anan looked at Cen Sui who stopped him and nodded in agreement.

Back in his office, Zhou Anan took the coffee from the beautiful assistant and said casually: Make a cup of Blue Mountain for Mr. Cen, without adding sugar.

Thank you BOSS.

Listening to the young boss talking about her preferences, Cen Sui thanked him gratefully.

Why, are you feeling pressured to invest in Mingpinhui?

Sitting on the sofa, Zhou Anan took a sip of coffee with two pieces of sugar and asked with a smile.

Yes, the competition between Mingpinhui and Quanpinhui is becoming increasingly fierce. Although with JD's logistics support, the level of losses is much less than Quanpinhui, but if this continues, it is likely to form a vicious cycle.

Speaking of this, Cen Sui expressed all the worries that were not mentioned at the meeting.

What Mingpinhui is facing now is not just the problem of burning money in exchange for traffic, but also a series of future impacts, including but not limited to the market price issue after winning.

Your worries are not unreasonable, but the current situation is not something we can stop if we want. The final result is just to see who can't sustain it first and is eventually acquired by the opponent.

Smiling, Zhou Anan didn't care about Mingpinhui's money-burning model.

Although the investment is a bit larger now, the field of special sale websites has been developed extremely quickly.

As the number of signed brands continues to increase, Mingpinhui's sales have gradually increased, and it is expected to catch up with TB and JD in online shopping sales.

Even though Quanpinhui is becoming increasingly prosperous, its after-sales service cannot keep up with the development speed of the website, and money is not everything.

A complete after-sales channel and logistics system cannot be established in a short time if you have money.

Even if Quanpinhui privately deletes negative reviews from buyers and maintains its prosperity on the surface, according to a survey conducted by someone from Mingpinhui, the reputation of its competitors and the reputation among the actual buyer group have begun to be affected to a certain extent.

Just like DD and YB many years later, they continued to burn money to expand the market, and even burned hundreds of millions of subsidies every day. They were called money-burning machines.

In the end, DD, which had a larger market share, acquired YB, starting a model of dominating the taxi-hailing market and getting back the money it had previously squandered from the ‘sheep’.

Nowadays, Mingpinhui, which has a better reputation and higher share in the special sale website industry, has a higher chance of eventually acquiring Quanpinhui. It just depends on when the other party can no longer persist.

When Mingpinhui becomes the dominant player, it will naturally be able to earn back the funds burned in the early stage. It is just a matter of time.

As the largest investor, Zhou Anan was not in a hurry to cash out, and he didn't care so much about Huaxia Fengwu's initial investment of more than 100 million. Naturally, he was just adamant if he had no desire.

The only ones who are anxious will be their opponents.

According to the current budget, the 600 million in the famous brand remittance account is only enough to support it for one year.

Speaking of this huge sum of money that was recently raised, Cen Sui was worried.

The 600 million will be burned for a year? It's too long. Tell Mingpinhui that they will burn out the 600 million within half a year. If the money is gone, the next round of financing can be carried out. As long as we maintain our position in the industry The advantage lies in people's additional investment. Since the other side has started war mode, don't look forward and backward.

Zhou Anan frowned when he heard the time mentioned by Mr. Cen. It was rare for him to directly intervene in the development strategy of the company below.

Since your opponent wants to burn money, then burn it faster and see if the opponent can keep up.

So what about the so-called top 100 companies behind it? They are not the top 100 companies in the world. How much cash can they burn?

OK.

Unexpectedly, his worries were not worth mentioning to the big boss, so the relieved Cen Sui simply nodded in agreement.

After talking about several venture investments of Huaxia Fengwu, Zhou Anan did not have any special instructions. After the other party left, he lay on a massage chair worth six figures and began to enjoy the professional fingertip massage from the beautiful assistant.

BOSS, less than two hours after the XA fund opened for subscription, there are already 600 million subscription funds.

So fast.

Listening to the report of the beautiful special assistant, Zhou Anan couldn't help but open his closed eyes, and he happened to see the scenery less than ten centimeters above him, as if he could reach it with his hands.

Unexpectedly, the tall and long-legged beauty assistant's real skills are pretty good when she bends over.

Yes, 400 million more in the first hour.

Unknown to him, the big boss had already opened his eyes. Huang Ying was concentrating on performing her duties, with a slight sweat on her forehead.

Well, let me know when the subscription amount is full.

Closing his eyes again, Zhou Anan said calmly.

OK.

XA Fund’s 1 billion subscription quota came earlier than Zhou Anan expected when it would be fully funded.

At 3:30 in the afternoon, news just came from the European stock market that Volkswagen's stock price soared from 300 euros to 400 euros in just ten minutes after the market opened. Here, we received a report from a beautiful special assistant.

The XA Fund’s 1 billion subscription quota is full.

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