Reborn in 2009, earn 500 million first
Chapter 242 Eating takeout is unhealthy
The more Zhang Xuhao listened, the more excited he became.
"This is possible. It not only promotes Hungry Me, but also brings prestige to users. It is indeed feasible, but we still have to spend 2.5 million for this. It still hurts to think about it!" Zhang Xu said.
It looks like he is very reluctant to throw money away!
He's just not used to this way of burning money. In later generations, when platforms like Didi, shared bicycles, and Daily Youxian compete with each other, money will be spent in the hundreds of millions or billions. Wouldn't he be shocked?
It’s just that no one has discovered Hungry’s potential yet, because smartphones haven’t appeared yet, and they will appear soon. Then you can order food with just a mobile phone, which is good news for young people!
By then, there will be people investing in the company with a valuation of hundreds of billions, and this little money will just be a drop in the bucket.
"How much money does Hungry Me have now?" Wu Feng was also a Hungry Me shareholder after all. He asked directly without shying away from Zhang Xiaolong.
"It's only about 3.5 million. We have stepped up our expansion efforts a while ago, and many merchants have already brought profits to our platform.
The free one-month trial period has passed, and they were given two options. One was a % commission per order and a % commission per order for the rider, or we would pay the rider the amount of money per order, and they The platform fee is fixed per month, and we set it at per month.
However, most of them choose the first mode, because many shops still join the platform with the mentality of giving it a try. If business is good, I think they will definitely choose the second mode in the future. "Zhang Xuhao gave an overview of the development of Hungry Me.
"Well, this is how we will do it for the time being. Next year we will have a community group buying function, which is equivalent to some merchants releasing some group buying tasks. Whoever needs it can join in and buy. It is cheaper than buying alone? What do you mean?" Wu Feng came up with another one. idea.
He remembers that there was competition in group buying in 2010, and he believes that Hle.me has an advantage.
Zhang Xuhao pondered for a while, then suddenly slapped his thigh as if he understood.
"Brother Wu, what are you doing with your brain? What a genius idea. This way you can buy daily necessities online. My platform can solve the food problem. I will have a meeting to discuss community group buying when I get back." Zhang Xu Said so excitedly.
"Good brother, don't worry about this. Have you ever thought about it, if there is a big capital, it can build a platform similar to yours, with abundant funds.
The platform is free for merchants to use, and coupons are also given to users. For the first time using their platform to order food, they will also give you a yuan free coupon. What should you do?
How long can you resist this hunger? Even if merchants have settled on both platforms, but they spend money to give users red envelopes and steal your users, how long can you last? Once the capital chain is broken, you will lose money and be in debt! "Wu Feng is not alarmist, he is just telling a fact.
Zhang Xuhao thought for a while and felt a chill running down his back. He felt that what Wu Feng said was very reasonable. His small business could not withstand the ravages of capital. It would only be considered self-sufficient when it did not need to burn money. Be stronger.
In fact, Wu Feng told him this just to Zhang Xiaolong, to pave the way for him to cash out later. He believed that Teng Xun must have been jealous for a long time.
"Then what should we do? We can only raise funds again, we can't just sit there and wait for death! Who should we find for financing?" Zhang Xuhao could only come up with this solution, but he was worried about who to find for financing.
"Yes, this is a feasible way. Find an investor with strong funds, and then you won't be afraid of other platforms burning money and grabbing customers.
When we become the dominant player, that’s when we’ll make money. Our advantage is that we were the first to develop. This is our advantage. When we develop to the point where we have Hungry Me riders even in the county, we won’t be afraid of any competition.
They are burning money and we are burning money, which definitely has a greater advantage than them. And the larger the scale, the easier it is to raise funds, and it will be even easier to go public. "Wu Feng talked eloquently.
"Then who should we turn to for financing? They have enough money to bypass us and directly imitate us to build a platform like Eme!" Zhang Xuhao immediately stopped talking and looked at Zhang Xiaolong warily.
Zhang Xiaolong looked embarrassed. They, Tengxun, relied on copying to develop their business.
"Hey, don't look at me. I'm not responsible for the copy project. I'm solely responsible for Weixin's business. Hey," Zhang Xiaolong said embarrassedly.
"Good brother, they don't dare. As long as they dare to copy, I will immediately turn to Alibaba. If I sell it to them, it will have a huge advantage over Tengxun in terms of responsibility. Tengxun will not get any benefit from copying our project.
And that’s what I want to say, after all, it’s very pleasant for me to cooperate with Teng Xun’s authority.
I told Brother Zhang that I just plan to sell my shares of Hungry Me to Teng Xun. When the time comes, they will definitely increase capital and dilute your shares. You must be mentally prepared for this. "Wu Feng reminded.
"Well, to be honest, I have no objection. If Hungry Me can get on the big ship of Tengxun, the development speed will be greatly accelerated, and I won't have to worry about competition from others every day." Zhang Xu said wisely.
"Brother Zhang, please send a message to Brother Ma. I believe that even if this project gets your shareholders' meeting, it will be a good project and can be passed." Wu Feng said confidently.
"The project is a good project, but I heard you say that you plan to sell it for to billion yuan? Don't you think this price is a bit fanciful? Those Tengxun shareholders will not agree to this price. This is equivalent to the current Tengxun I’ve made more than half a year’s profit.” Zhang Xiaolong said with certainty.
"Haha! Then let me tell you, in two years' time, Hungry Me will be worth hundreds of billions after it goes public. In other words, your seven to eight billion plus the two billion you will burn for expansion will add up to ten billion. In two years, In three years, it will be worth billion, do you think they will still refuse? We need to take a long-term view." Wu Feng explained.
Wu Feng's words shocked everyone present except Chen Zhiqiang. Chen Zhiqiang had heard Wu Feng's theory, so he had already acquiesced in Wu Feng's conjecture in his heart.
"Really...really...so valuable? Will the listing be...so optimistic?" Zhang Xuhao asked stammering.
"Good brother, you have to be confident. Once it goes on the market, it will be a skyrocketing project and will affect the lifestyle of young people. My parents' generation mostly cooked food, but of our generation, a few can do it. Food?
Most of them can't cook. I believe that in future generations, some people will think that kitchens are redundant and suggest that there is no need for kitchens at all, because many of the younger generation do not make fires to cook. "Wu Feng expressed some advanced ideas of later generations.
This is not something Wu Feng made up. In his previous life, he saw an article about whether to have a kitchen. House prices are getting higher and higher, and young people rarely cook at home. So, is it necessary for this kitchen to exist? Discussed.
Of course, even when Wu Feng came over, the kitchen was not canceled. After all, the disadvantages of takeout became apparent later.
It is a consensus among people that eating takeout is bad for the health. However, in this contradictory state where people can’t help but order takeout even if they know it is bad for the health, the takeout platform is still growing day by day.
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