After failing the college entrance examination, he spent tens of billions of dollars in online loans

"Everyone, the current ceiling of e-commerce has appeared!"

“And there’s also competition to fight for things!”

"I think we can put all our energy back into the e-commerce business!"

"It's hard to have much of an effect!"

"We want to regain our advantage, there are only two ways!"

"Either burn money, or carry out reforms to reduce business costs!"

"This is undoubtedly a major surgery!"

"It's possible that the entire platform will collapse!"

A vice president said solemnly

Now their platform has been finalized and a paid advertising model has been formed.

If businesses want to get traffic, they don't rely on low prices, but on sales and advertising.

The higher the sales volume, the higher the ranking will be. If your sales volume is not high enough, you can pay for promotion, or you can rank higher.

This has become a stubborn problem on Taohao.com, and it is very difficult to completely break it.

How they change it, whether it will be effective, and whether it will affect the interests of businesses, are all things that need to be considered.

"I also think that drastic reforms carry huge risks!"

“At present, the ceiling of e-commerce has appeared, and with the addition of a strong opponent, Pindong!”

"We may have spent a lot of energy, but in the end we just protected our advantageous position and were unable to widen the gap!"

"The most serious thing is that once you burn money to rob businesses and rob customers!"

“It is possible to directly enter the e-commerce war!”

“We don’t have enough money to fight the e-commerce war!”

Yes, Aladdin really doesn’t have enough money, even though he has a profit of 300 to [-] billion a year

But Qiangsheng Group’s ability to make money is not weak at all.

And Chen Fan is even more of a madman

If they really start a price war with each other, they will only lose because they worry too much.

Far less courageous than Chen Fan and others, and even more so rich.

"Boss Horse!"

“I think we should diversify!”

“The success of Penguin Technology shows that diversification is a trend!”

"They have now taken a share of the e-commerce industry, and they have business in the self-media and mobile phone industries!"

"There is nothing wrong with diversification. We suffered only because our vision was not good!"

Yes, Penguin Technology now holds Pinduoduo and today’s hot searches, as well as shares in Kirin Mobile Phones.

This makes them very jealous

It can be said that fighting for things has directly made up for the regrets that Penguin Technology has always had.

It has made Penguin Technology even better. Now its market value has increased by 20%, surpassing them in all aspects. The gap between them and Penguin Technology has widened.

Originally, both companies had a production of approximately US$2000 billion.

And now Penguin Technology has 2500 billion US dollars, and they only have 1600 billion US dollars left.

"Yes!"

"It was our investment that went wrong!"

“We miscalculated the profit potential of shared bikes!”

"At the same time, we are going to the wrong extreme in the self-media industry!"

"I think we should seize the opportunity and re-incubate new products!"

"Our investment of tens of billions in Taohao.com will not bring much improvement to the e-commerce business!"

"However, if tens of billions of dollars are invested in other businesses, it is possible for us to incubate another giant!"

For a time, everyone supported diversity one after another

Penguin Technology is their role model.

Now that they are like this, it is not that there is a problem with the route, but that there is a problem with their vision.

Their investment department is the culprit.

For a moment, everyone looked at Ma Fugui, waiting for the other party to make a decision.

"Everyone!"

"I have listened to all your opinions!"

"Indeed, we did make serious mistakes in our investment!"

“Worshipping bicycles has restricted our development!”

“However, Taohao.com itself also has problems!”

"We also need to carry out reforms!"

"I think we need to fight with both hands!"

“On the one hand, e-commerce business reform!”

"On the other hand, cut off some businesses that clearly have no future!"

“Conduct more in-depth research and analysis on investment projects!”

“The trend of diversification is unstoppable!”

Ma Fugui finally figured it out that there is nothing wrong with diversification.

As the saying goes, the strong are always strong

Their size can even drive the development of other businesses.

Just like fighting for something, every project of the other party is to serve e-commerce and push the e-commerce business to the peak.

They really need to rearrange their layout.

"Boss Horse!"

"I support!"

“I think the first business to be cut off is the worship of bicycles!”

"Currently we are losing money every day, and the competition is still very fierce. We don't see any possibility of making a profit in the short term!"

The vice president stood up and said that they had spent tens of billions to acquire Bicycle Worship with the big investment banks.

At that time, the cult bicycle industry was already a monopoly in the industry.

Who would have thought that in their hands, the industry would immediately turn into a red ocean?

Nowadays, everyone is offering free riding passes, which is simply too expensive.

They are so involved that they can only lose money every day.

There's really no other way at this point

“Worship Bicycle is currently losing around 1000 million per day!”

“A loss of [-] million in one month!

"At present, it is difficult to promote listing!"

"Mr. Ma, I think this can be dealt with!"

"I support it. This business is too unprofitable. The industry wants to reshuffle it. It is estimated that it will take another two years. If we continue to hold on for two years, we will lose at least 50 billion!"

"I think it's time to get rid of it!"

“In two years’ time, I’m afraid all the bicycles we purchased will be broken!”

“Profitability is far away!”

It can be said that they were very optimistic about shared bicycles in the past, but now they are very suspicious of them.

No one likes a project that keeps losing money. Stopping losses in time is the best way.

But here comes the question. Is there anyone who will take over? This is a question.

"Since everyone has the same opinion!"

"Then, give up worshiping bicycles!"

"Stop Loss in Time!"

Ma Fugui felt a little sad. He knew that this time he had lost money.

Tens of billions were invested in this project, and they were still losing hundreds of millions every month. They poured in billions more

I'm afraid it won't be worth much if I sell it.

I'm afraid the residual value is only a few billion.

For a time, Aladdin reached a consensus again

began to carry out drastic reforms

On the other side, Chen Fan, who has integrated resources

At this time, blockbuster products also began to be released

This will determine the future of today’s hot searches

It can be said to be the soul of the future.

That is the short video platform

musical note short video

Yes, it was originally a strategic product of Tomorrow Toutiao

But once again he was intercepted by Chen Fan

He wanted to make a big splash on Spring Festival Eve and put all his resources into it.

In the previous life, Tomorrow Toutiao was not afraid of using up all resources as soon as it started.

But take your time, and Chen Fan knows the future

As soon as it comes up, there will inevitably be a violent wave