Rebirth of the Official Business Route

At night, a bright moon hangs over the city, and the buildings on the other side of Yangui Lake are thinly pasted in the picture frame like paper-cutting.

In the middle of the terrace on the second floor is a long table made of black carved tempered glass. Zhang Ge stands there with his back against the railing holding a wine glass, looking at Du Fei, Ma Xiangdong, Liang Wenjiang, Shi Xuebin, Ma Li, and Yang Weiwei. Waiting for people to sit at the long table around Xie Zijia to exchange views on the Internet industry with each other, the atmosphere was very enthusiastic, and they did not realize that it was already early morning. Novel chapters are updated the fastest

Ye Xiaotong, Shao Xinwen had to take care of a child under half a year old, so he went back early; Zhang Ge originally hinted that Chen Jing would go with him first, but Xie Zijia stalked Chen Jing to stay here with her, and Zhang Ge could only pretend to be right. They were very interested in the topic and stayed. Venture capital is the department of Jinghu that has the deepest involvement in the Internet industry except Dongda Chuangyu. Of course, Zhao Zhilin also stays with her to stay up all night. Her wife and daughter go back to rest first.

Ma Xiangdong, Liang Wenjiang and others set up a personal website at the end of 1995, which later developed into the first portal platform in Chinese on the Internet; Shi Xinfei, Shi Xuebin, Dong Yuehua and others later established a bug club in Dongda University, set up BBs in Dongda University, and opened games ;Mali Yangwei and others tried to sell books and audio-visual materials in person in 1997. They can all be said to be the first batch of participants in the Internet industry in China. They have a deep understanding of the Internet industry and their incomparable enthusiasm for the Internet industry. Fiction novel chapters are updated the fastest

At this time, Zhang Ge felt that he was a bystander. At least in the field of the Internet, in addition to providing some necessary support, he should shut up and watch them fight in the Internet wave. Zhang Ge did occasionally Participates on a whim, mostly on the sidelines.

At this time, Tencent, Alibaba, Baidu and other well-known companies in the Internet field in the future were established one after another.

Dongda Chuangyu directly participated in the investment of the e-commerce website Joyo, and was a competitor with e-commerce websites such as Alibaba at this time, trying to learn from its successful experience and suppress their development, but at this time the scale of the fights was relatively small , there is also a little difference in market positioning, no matter in business or in the market, there is not much overlap

Baidu was established a little earlier than its previous history. In February this year, it officially launched the latest Chinese search engine technology in China.

Although it launched its own Chinese search engine in 1998, it is not technically superior. In April, it reached an agreement with Baidu to embed the Baidu search engine in the website, and Baidu will provide search services. As an additional condition, the Internet technology investment fund jointly established by Quantum Online, Dongda Chuangyu and Oak Park Venture Capital injected 1 million US dollars into Baidu to increase its holding of 1.5 million common shares, with a shareholding ratio of 8% - It may become another investment classic of Oak Park Venture Capital in a few years, but no one can say whether things will deviate from the historical development. At this time, Baidu does not see the possibility of becoming the king of Chinese search engines. meteorological,

If you want to succeed in the Internet field, there are too many accidental factors

In 1999, a large number of Internet companies in China imitated Kailuo instant messaging software, and Tencent was just an inconspicuous member of them.

Tencent even planned to sell it to Dongda Chuangyu in May last year, but Quantum Online’s technical department has already developed its own instant messaging software, and Dongda Chuangyu’s technical strength is also strong enough. Tencent’s offer of 400,000 US dollars, Obviously, Du Fei's bottom line was exceeded.

Zhang Ge thought that even if the software was sold out and Tencent was strangled in the cradle, it was far from guaranteeing that Quantum Online would become the king of the Chinese instant messaging market in the future, and it might make Microsoft's Chinese n products less powerful in the Chinese market. rivals and reign supreme.

Of course, even if Tencent later decided to run its own online products to raise money everywhere, Quantum Online owns Chinese instant messaging products, and neither Dongda Chuangyu nor Oak Park Ventures had any reason to provide financing support to Tencent.

Zhang Ge knew that Tencent had reached out to Haili Technology for help when it was raising money the most. At that time, Tencent had already developed nearly one million registered users, and at the time when the Internet wave was surging, Tencent offered a high price, but was determined not to give up. The control of the company, the result is naturally conceivable, and Haili Technology may have given up the only chance to board a solid ship.

In the current online instant messaging market, Tencent has occupied more than 60% of the market share. Quantum Online's instant messaging products rely on the user advantage of the portal website, and its market share ranks fourth.

In the mid-to-late 1990s, the game industry locked comrades in stand-alone games. The only Chinese people's attempt at online games is probably ud, which has been popular since 1996 and 1997. There is only one graphic online game in the world, Online Genesis, which is struggling to operate. During this period, ud'King of Kings' also completed the transformation from text to graphics, and operated in mainland China in the fall of 1999, officially opening the era of online games recognized by ordinary netizens.

At the beginning, Shi Xinfei was confused. Shi Xuebin and the others established the Insect Club to set up Dongda BBs and open ud. As early as 1997, they proposed the idea of ​​graphical ud, and they also specifically proposed the game development of Three Kingdoms for the better. draft. Later, the Insect Club was given to Du Fei and incorporated into Dongda Chuangyu's banner. Because it was not the time to develop graphics games at that time, the plan was shelved.

After the chain network business was acquired by Haili Technology, Dongda Chuangyu's technical strength has not been weakened compared to before, but has been further strengthened. Although the domestic home broadband network has just been developed, due to the popularity of urban Internet cafes and the continuous surge of Internet users, Du Fei and others can naturally see the market prospects of the development of residential online games. With sufficient funds, Dish officially launched the development plan of the 'Three Kingdoms Column' graphics game. But before that, Shi Xinfei and other members of Worm Sky Studio have done a lot of preliminary work.

In 1999, there was an almost insurmountable technical gap in domestic game technology from text to graphics. No one in China had experience in developing graphical online games, and Shi Xinfei and his team were quite large, and wanted to develop an entire editable game system. , including the core components of some interactive real-time graphics applications, is extremely difficult. After the development encountered resistance, Dongda Chuangyu had to pay a price to import some technologies from European game developers and graphic image application software vendors. A lot of capital was invested, and the development progress was only less than half completed.

If you look at it from a purely commercial perspective, it is too risky to develop graphics online games in China at present, and the possibility of failure is quite high. Acting for more mature online games abroad is more in line with the trade-offs in terms of commercial value.

Zhang Ge will not directly interfere with Dongda Chuangyu's operating policy. He even agrees with Dongda Chuangyu's efforts to develop graphics games from scratch. On the one hand, the Insect Club was incorporated into Chuangyu's banner at the beginning, and it was tacitly agreed that in the future, it would fund and start the development of the Three Kingdoms graphics game. On the other hand, the arrival of the online game era has been irreversible. The basic skills of the work can also reflect the Chinese cultural heritage in online games earlier, so that those who were born after the mid-to-late 1980s can also know what is the profound Chinese culture; besides, Jinghu spends on staff training. Quite generous, even if the development fails, even if it spends tens of millions to train a group of professionals in the field of graphics and image application development, this is precisely one of the directions for Jinghu to develop consumer electronics products in the future. Thinking about it this way, I will Much more balanced.

In the process of developing the graphics game Three Kingdoms, Dongda Chuangyu successfully operated the casual game platform first.

At the beginning of 1998, when the casual game platform named Chuangyu Game was opened, it was still to provide more value-added services for its chain Internet cafe business. From the initial five chess and card games, dozens of chess and card games covering Chinese cultural heritage and local characteristics are gradually added, and competitive games are integrated into the platform to form a comprehensive leisure game platform.

Initially, the servers set up were very limited, and the application was only promoted in Chuangyu's Internet cafes. Later, advertisements were embedded in the game platform, and the dishes were opened to the outside world. It’s just that the game platform is far from being able to achieve profitability only by advertising placement, and there was no large-scale promotion at that time. Even so, only relying on the promotion of Chuangyu's Internet cafes and word-of-mouth on the Internet, when the chain of Internet cafes was sold to Haili Technology last year, Chuangyu Games had as many as 300,000 registered users.

When the Internet cafe business was sold, the game platform was left behind. At that time, Dongda Chuangyu had few core businesses and relatively abundant funds, so it officially registered the company, put the game platform into it, invested 20 million yuan, and officially started operations. At this time, it has grown to over two million registered users, and the number of registered users is second only to the game platform Lianfeng Game World under Huadian Holdings.

In addition to e-commerce and game platforms, Dongda Chuangyu's other investment in the Internet field is the large-scale community website Dongshejianghu.

Quantum Online now has a stable advertising revenue, but it can barely maintain the normal operation of the portal website. Its emails, excellent online shopping malls, Dongda Chuangyu's game platform, community websites and other products and businesses are all in demand. are in a state of severe overspend.

Before the avalanche of the NASDAQ index on April 26, the industry will be listed on NASDAQ and other overseas stock markets. Bing did not seriously consider the issues of the development model and profitability, and the pursuit of click-through rate registration amount of users. Under the influence of Zhang Ge, Dongda Chuangyu, Quantum Online and Excellence have become quite pragmatic, but they are still inevitably affected by the environment.

Quantum Online has received multiple venture capital injections, and was successfully listed on NASDAQ for financing. It has the most abundant funds, and the balance of funds once exceeded 100 million US dollars; even with the current expansion situation, it can still be supported until three years later. Dongda Chuangyu is slightly better, but it can't stand the three bottomless pits of game development, game platforms, and community websites. The situation of excellence is the worst. To maintain the current development attitude, the funds can only be supported until the end of this year.

Ma Xiangdong, Liang Wenjiang, and Wang Cailing came to Jianye, and Du Fei called Ma Li, Wang Weiyi, Shi Xuebin and others together, thinking about whether they could find a way to reverse the current situation of only investing but not producing.

Although Zhang Ge was also worried that they would go too far, but seeing Xie Zijia's enthusiastic participation, he decided to stand by and let them discuss the draft of Internet resource integration first, and he would push it from the sidelines depending on the situation.

Stayed up until two o'clock in the morning, seeing Xie Zijia, Du Fei, Shi Xuebin and the others were having a good time chatting, and they didn't have the slightest intention of resting. Zhang Ge yawned and showed them his watch, It's two o'clock, I still have a meeting to attend tomorrow morning, I'll go back to bed first, I don't deserve you to stay here'

Going out from the south gate of Yanyuan Garden, it takes two steps to the wooden house by the lake, but there are still a few couples of young lovers hugging each other on the benches in the green area by the lake, refusing to go back to rest. Zhang Ge sat down on an empty chair and smoked a cigarette, while Chen Jingcai looked here furtively.

'It's not like being a thief. ’ Zhang Ge stood up and beckoned her to come over, holding her shoulders and heading towards the wooden house by the lake.

It's so late at night, Chen Jing is still worried about being bumped into by acquaintances, and holding Zhang Ge's shoulders, she is still a little worried when she is sweet, and when she walks outside the courtyard door of the wooden house by the lake, she breathes a sigh of relief and says to Zhang Ge, Zijia She is very interested in the Internet. When planning the gemstone series of mobile phones, she has never seen her so devoted. Would you agree with her participation in Dongda Chuang's stall? '

‘She doesn’t want to convince me of anything? ’ Zhang Ge said with a smile, ‘Du Fei and the others have also done a good job, I think it’s not good for me to point fingers at the side, Xie Zijia can persuade them...’

‘You’ve been listening for so long and you haven’t said a word, just because you don’t want to point fingers? ’ Chen Jing asked.

'My point of view is not necessarily the most accurate, pointing them to the most accurate path is not of much benefit--it is one thing to have a good idea, but the key is execution, even if you are not on the most accurate path at the beginning On the road of correctness, it can be regarded as a kind of tempering...; Zhang Ge said that in the past, he has reviewed the bumpy development history of the domestic Internet industry for more than ten years. In just over ten years, the Internet industry has experienced three generations. With the changes, those Internet models will be eliminated, and those Internet models will survive and continue to accept the test of the market. He is somewhat at the bottom of his mind, and the development of Dongda Chuangyu and Quantum Online should be defended by Du Feima and them.

Chen Jing stayed overnight in the Hupan wooden house, and fell asleep after making love. When she woke up, it was already ten o'clock in the morning the next day. Zhang Ge got up early to attend the morning meeting. Park, even if Zijia bumps into him, he can go to exercise early.

When Chen Jing returned to Yanyuan, Zijia had just returned with a troubled expression.

Xie Zijia didn't realize that Chen Jing also didn't come back overnight, and said with some resentment in his tone, Those elders are short-sighted. The domestic Internet industry has developed to the present, and there are almost all business models that should be formed. The deep-rooted free tradition, whoever changes this tradition first, will be greatly affected Jinghu’s financial strength is so strong that it can support it for two more years…” He said doubtfully, “Which guy Zhang Ge didn’t participate in the discussion yesterday, does it mean that Jinghu will no longer provide funds to Dongda Chuangyu and Excellence?” support? ''

How do I know Zhang Ge: Chen Jing concealed, Anyway, companies always aim to make profits...

At the beginning, Shi Xinfei was confused. Shi Xuebin and the others established the Insect Club to set up Dongda BBs and open ud. As early as 1997, they proposed the idea of ​​graphical ud, and they also specifically proposed the game development of Three Kingdoms for the better. draft. Later, the Insect Club was given to Du Fei and incorporated into Dongda Chuangyu's banner. Because it was not the time to develop graphics games at that time, the plan was shelved.

After the chain network business was acquired by Haili Technology, Dongda Chuangyu's technical strength has not been weakened compared to before, but has been further strengthened. Although the domestic home broadband network has just been developed, due to the popularity of urban Internet cafes and the continuous surge of Internet users, Du Fei and others can naturally see the market prospects of the development of residential online games. With sufficient funds, Dish officially launched the development plan of the 'Three Kingdoms Column' graphics game. But before that, Shi Xinfei and other members of Worm Sky Studio have done a lot of preliminary work.

In 1999, there was an almost insurmountable technical gap in domestic game technology from text to graphics. No one in China had experience in developing graphical online games, and Shi Xinfei and the others had great ambitions, wanting to develop an entire editable game. The system, including the core components of some interactive real-time graphics applications, is extremely difficult. After the development encountered resistance, Dongda Chuangyu had to pay a price to import some technologies from European game developers and graphic image application software vendors. A lot of capital was invested, and the development progress was only less than half completed.

If you look at it from a purely commercial perspective, it is too risky to develop graphics online games in China at present, and the possibility of failure is quite high. Acting for more mature online games abroad is more in line with the trade-offs in terms of commercial value.

Zhang Ge will not directly interfere with Dongda Chuangyu's operating policy. He even agrees with Dongda Chuangyu's efforts to develop graphics games from scratch. On the one hand, the Insect Club was incorporated into Chuangyu's banner at the beginning, and it was tacitly agreed that in the future, it would fund and start the development of the Three Kingdoms graphics game. On the other hand, the arrival of the online game era has been irreversible. The basic skills of the work can also reflect the Chinese cultural heritage in online games earlier, so that those who were born after the mid-to-late 1980s can also know what is the profound Chinese culture; besides, Jinghu spends on staff training. Quite generous, even if the development fails, even if it spends tens of millions to train a group of professionals in the field of graphics and image application development, this is precisely one of the directions that Jinghu will develop consumer electronics products in the future. It will be more balanced.

In the process of developing the graphics game Three Kingdoms, Dongda Chuangyu successfully operated the casual game platform first.

At the beginning of 1998, when the casual game platform named Chuangyu Game was opened, it was still to provide more value-added services for its chain Internet cafe business. From the initial five chess and card games, dozens of chess and card games covering Chinese cultural heritage and local characteristics are gradually added, and competitive games are integrated into the platform to form a comprehensive leisure game platform.

Initially, the servers set up were very limited, and the application was only promoted in Chuangyu's Internet cafes. Later, advertisements were embedded in the game platform, and the dishes were opened to the outside world. It’s just that the game platform is far from being able to achieve profitability only by advertising placement, and there was no large-scale promotion at that time. Even so, only relying on the promotion of Chuangyu's Internet cafes and word-of-mouth on the Internet, when the chain of Internet cafes was sold to Haili Technology last year, Chuangyu Games had as many as 300,000 registered users.

When the Internet cafe business was sold, the game platform was left behind. At that time, Dongda Chuangyu had few core businesses and relatively abundant funds, so it officially registered the company, put the game platform into it, invested 20 million yuan, and officially started operations. At this time, it has grown to over two million registered users, and the number of registered users is second only to the game platform Lianfeng Game World under Huadian Holdings.

In addition to e-commerce and game platforms, Dongda Chuangyu's other investment in the Internet field is the large-scale community website Dongshejianghu.

Quantum Online now has a stable advertising revenue, but it can barely maintain the normal operation of the portal website. Its emails, excellent online shopping malls, Dongda Chuangyu's game platform, community websites and other products and businesses are all in demand. are in a state of severe overspend.

Before the avalanche of the NASDAQ index on April 26, the industry will be listed on NASDAQ and other overseas stock markets. Bing did not seriously consider the issues of the development model and profitability, and the pursuit of click-through rate registration amount of users. Under the influence of Zhang Ge, Dongda Chuangyu, Quantum Online and Excellence have become quite pragmatic, but they are still inevitably affected by the environment.

Quantum Online has received multiple venture capital injections, and was successfully listed on NASDAQ for financing. It has the most abundant funds, and the balance of funds once exceeded 100 million US dollars; even with the current expansion situation, it can still be supported until three years later. Dongda Chuangyu is slightly better, but it can't stand the three bottomless pits of game development, game platforms, and community websites. The situation of excellence is the worst. To maintain the current development attitude, the funds can only be supported until the end of this year.

Ma Xiangdong, Liang Wenjiang, and Wang Cailing came to Jianye, and Du Fei called Ma Li, Wang Weiyi, Shi Xuebin and others together, just thinking about whether they could find a shortcut to reverse the current situation of only input but no output.

Although Zhang Ge was also worried that they would go too far, but seeing Xie Zijia's enthusiastic participation, he decided to stand by and let them discuss the draft of Internet resource integration first, and he would push it from the sidelines depending on the situation.

Stayed up until two o'clock in the morning, seeing Xie Zijia, Du Fei, Shi Xuebin and the others were having a good time chatting, and they didn't have the slightest intention of resting. Zhang Ge yawned and showed them his watch, It's two o'clock, I still have a meeting to attend tomorrow morning, I'll go back to bed first, I don't deserve you to stay here'

Going out from the south gate of Yanyuan Garden, it takes two steps to the wooden house by the lake, but there are still a few couples of young lovers hugging each other on the benches in the green area by the lake, refusing to go back to rest. Zhang Ge sat down on an empty chair and smoked a cigarette, while Chen Jingcai looked here furtively.

'It's not like being a thief. ’ Zhang Ge stood up and beckoned her to come over, holding her shoulders and heading towards the wooden house by the lake.

It's so late at night, Chen Jing is still worried about being bumped into by acquaintances, and holding Zhang Ge's shoulders, she is still a little worried when she is sweet, and when she walks outside the courtyard door of the wooden house by the lake, she breathes a sigh of relief and says to Zhang Ge, Zijia She is very interested in the Internet. When planning the gemstone series of mobile phones, she has never seen her so devoted. Would you agree with her participation in Dongda Chuang's stall? '

‘She doesn’t want to convince me of anything? ’ Zhang Ge said with a smile, ‘Du Fei and the others have also done a good job, I think it’s not good for me to point fingers at the side, Xie Zijia can persuade them...’

‘You’ve been listening for so long and you haven’t said a word, just because you don’t want to point fingers? ’ Chen Jing asked.

'My point of view is not necessarily the most accurate, pointing them to the most accurate path is not of much benefit--it is one thing to have a good idea, but the key is execution, even if you are not on the most accurate path at the beginning On the road of correctness, it can be regarded as a kind of tempering...; Zhang Ge said that in the past, he has reviewed the bumpy development history of the domestic Internet industry for more than ten years. In just over ten years, the Internet industry has experienced three generations. With the changes, those Internet models will be eliminated, and those Internet models will survive and continue to accept the test of the market. He is somewhat at the bottom of his mind, and the development of Dongda Chuangyu and Quantum Online should be defended by Du Feima and them.

Chen Jing stayed overnight in the Hupan wooden house, and fell asleep after making love. When she woke up, it was already ten o'clock in the morning the next day. Zhang Ge got up early to attend the morning meeting. Park, even if Zijia bumps into him, he can go to exercise early.

When Chen Jing returned to Yanyuan, Zijia had just returned with a troubled expression.

Xie Zijia didn't realize that Chen Jing also didn't come back overnight, and said with some resentment in his tone, Those elders are short-sighted. The domestic Internet industry has developed to the present, and there are almost all business models that should be formed. The deep-rooted free tradition, whoever changes this tradition first, will be greatly affected Jinghu’s financial strength is so strong that it can support it for two more years…” He said doubtfully, “Which guy Zhang Ge didn’t participate in the discussion yesterday, does it mean that Jinghu will no longer provide funds to Dongda Chuangyu and Excellence?” support? ''

How do I know Zhang Ge: Chen Jing concealed, Anyway, companies always aim to make profits...

Even if you want to make a profit, you shouldn’t be in a hurry to implement a general membership fee system. “Xie Zijia made a lot of small gestures when she spoke excitedly, and she scratched her head so fluffy.” Under the general free membership system, to attract high-end users with paid value-added services, But it does not mean that ordinary members should develop new high-experience value-added products on the basis of existing products based on the rights and interests of ordinary members. The integration of Internet resources between Quantum Online, Excellence, and Dongda Chuangyu should also be based on this. premise. In the current domestic Internet application environment, Quantum Online should be handed over to Dongda Chuangyu to jointly operate with game platforms, community websites, and music websites, so as to achieve better value-added effects or directly integrate game platforms, community websites, Online music, e-mail and other products are integrated into the company, and the excellent development model seems to be more dangerous...'

'It's a good idea. I didn't expect you to have such in-depth research on these things before. Could it be that they are all stubborn and can't listen to your words? ’ Chen Jing asked.

There are few loopholes on Aida's side, so it's meaningless to think about it. Dongda was created here, hehehe... Xie Zijia laughed exaggeratedly twice, and then said, They said that they would continue to discuss internally, so they kicked me out Come out, do you think they have crossed rivers and demolished bridges like this? '

'You didn't say anything to irritate them? ’ Chen Jing still knows Zijia’s temperament very well. With her and Zhang Ge present last night, Zijia could still keep her temper in a low profile. Who knows if Zijia has exposed her nature and made some cynicism after she and Zhang Ge left?

Probably not. Xie Zijia was not sure. Zhang Ge was present, and she was worried that Zhang Ge would be underestimated if she said that she was not up to standard. Once Chen Jing and Zhang Ge left, she would not have any pressure. If there was no pressure, she would like it. Talking nonsense.

'Don't worry about that, take a shower and catch up on sleep first, the bags under your eyes are coming out after you stay up late, don't think that because of your youth, you will cry in another ten years. ’ Chen Jing pushed Zijia into the room and asked her to go to the bathroom to take a shower first.

Chen Jing changed her clothes in the bedroom and went to the office. At dusk, Zhang Ge sent the Jinghu Experience Center's latest research report on the 8818 e-commerce business model to her mailbox, and Chen Jing printed the report and returned to Yanyuan. Zijia had just woken up at this time, wearing a nightgown, rubbing her sleepy eyes, watching Chen Jing put the document bag on the shoe cabinet when she entered the room, she took it and sat up on the sofa.

‘Hey, why do you have the latest report from the Jinghu Experience Center in your hand? ’ Xie Zijia looked through it for a few days, and the report did not indicate the date, but the data used in it was up to the end of April, and the first seven days of May were the golden week holidays. The latest report was released yesterday.

Maybe you demean others to be worthless, but don't let others show you how powerful the think tank behind them is? This report was shown to you. Chen Jing changed her shoes, straightened her waist, and said, Jinghu Experience Center has a data analysis center with a luxurious lineup. If your suggestion yesterday can be supported by the center's data, maybe it will be given to you. They adopt. Integrating other applications on the Internet instant messaging software, it is not that there is no website experiment, but the results of this website are not very satisfactory. I think they are afraid of overcorrecting now. mistake……'

Xie Zijia pouted and sat on the sofa with his legs curled up to read the report. When he saw half of it, he said in a low voice, Kumho is really gloating, watching 8818 jumping into the puddle - sitting on the ground with this report, excellent management The mode may need to be adjusted...'

'I haven't had time to read it yet, what does the report say? ’ Chen Jing walked into the kitchen and got herself a glass of boiled water and walked out with it in her hand.

'8818 was too radical to develop offline logistics distribution and warehousing business in large and medium-sized cities across the country, and too aggressively pursued the number of users, comprehensively increased the types of online sales items, and consumed funds too quickly. Haili Technology injected 4 years ago One-third of the 100 million funds have been consumed. On the other hand, although 8818 occupies nearly 60% of the domestic e-commerce market with such a radical development method, this year's sales can barely reach 200 million, and 8818's sales will reach 2 billion to maintain the logistics and distribution that has been established. With the warehousing system, this is almost the goal that 8818 can only achieve after 2003. During this period, 8818 still needs shareholders to continue to have a capital of 800 million... Xie Zijia loudly repeated the content of the report to Chen Jing, and asked

Do you think Kumho is waiting to see Hongxin's good show? '

Excellence's development model is similar to 8818, and Kumho will be so boring. This report is very valuable for the future development route selection of Excellence. Didn't you also say that there is a problem with Excellence's development model yesterday? \\\u0026 Chen Jing asked.

It was just a speculation before, but now Kumho itself provides data to support it. Xie Zijia finally took a sip of Chen Jing's water, If Excellence develops according to the established model, it will also copy the path taken by 8818, even if Kumho bites his teeth and invests 100 million in Excellence With only enough funds, Joyo's sales after 2003 will be around 100 million.

The atmosphere of China's e-commerce market, after all, is too different from that of Europe and the United States. The Amazon model can succeed in the United States, but it may not be suitable for China's soil and water. To establish a complete logistics distribution and warehousing system by yourself is a thankless job. It is not difficult to defeat 8818. After all, it is popular. After the integration of Xiangxuehai and Aida's logistics systems, it has almost covered the whole country. Excellence relies on the existing foundation to establish a logistics distribution system. It will save a lot of costs, but the goal is to defeat 8818. What's the point, a few stupid cows are crowded and raced in a narrow alley...' He asked worriedly, 'They won't really cross the river and demolish the bridge, will they? '

, 'Zhang Ge, I don't know either,' Chen Jing spread her hands, 'do you want to join them? '

Which woman speaks really sharply. When you were here yesterday, she still spoke carefully. When you walked with Chen Jingyi, her posture began to move up... Du Fei only rested for three or four hours in the afternoon, and he was still very energetic. Describe to Zhang Ge how Xie Zijia followed him and Chen Jing.

Ma Xiangdong complained, We, a group of big men, told her that we were useless, so I hate why you left early...

'You guys are not that thin-skinned, let's first talk about what you think of Xie Zijia's suggestion. We will discuss her attitude later. Zhang Ge interrupted Ma Xiangdong with a smile. At this time, only Du Fei, Ma Xiangdong and his little cousin Liang Wenjiang came to look for him. Most of the others were sleeping. Xie Zijia didn’t record when he participated in the discussion yesterday, but after Xie Zijia left, They had complete meeting minutes during their internal discussions. Zhang Ge could roughly grasp the changes in their thinking after looking through the meeting minutes.

It's hard to imagine that she has not been exposed to the Internet industry before. Some people are born with talents. I believe this now. Ma Xiangdong said, Her suggestion should at least be one direction we should work hard on, but to develop in the direction she suggested, our products should be handed over to Dongda Chuangyu for integrated operation. Photography Jianghu still has to develop in a direction that does not work. Free application should be a big premise... On the issue of excellent development, Yang Weiwei refuted a few words with her, but she liked to talk or not. I think she probably saw 8818 Copying the Amazon model is limited in China's development. They have just received the analysis report just released by the Kumho Experience Center. The excellent funds will continue to develop under the current situation and will be exhausted by the end of the year. Even if they learn some lessons from 8818 and focus on going The high-quality line may be profitable in advance, but the prospects for development will be greatly limited. Du Fei said, We are considering whether we need to change our thinking...

Traditional retail models mainly fall into three categories, one is the department store store model, the other is the shopping street model, and the other is the flea market model, which is said to be the bazaar model. Moving stores or markets to the Internet requires 8818, Excellence to establish a huge offline logistics distribution and warehousing system, not to mention the huge investment, and the future operating and management costs are also quite staggering. Compared with the traditional department store market, 8818 may save the rental cost of physical shopping malls, but it also increases logistics and distribution costs and consumer default costs, and is also limited by the imperfect domestic payment system. Compared with the Amazon model, I prefer I agree that eBBay's flea market model has more room for development in China, and the Internet should highlight the platform function. However, eBay neglects the management of sellers, and the country believes in the principle of no business, no fraud, and it is quite difficult to establish a mutual integrity system. In the end, Excellence may choose to take the middle route between Amazon and Amazon. Compared with the traditional retail industry, it is barely feasible to call it the shopping street model. It is to strengthen the management of sellers and give priority to promoting product agents and distributors to use excellent platforms for retail trade. Of course, Joyo’s original mall model can also be retained, and temporarily focus on taking the boutique route. Even in traditional department stores, there are sales counters set up by manufacturers or agents. The ultimate development direction of Joyo Mall may be this...’

'Well,' Du Fei said, 'in short, this is not the time to establish a large-scale distribution system and storage system'

Zhang Ge said, I called Shao Xinwen over yesterday. It was Shao Xinwen who wanted to connect the popular telecommunications and excellent platforms, and Xie Zijia came in to interrupt. This matter has not been negotiated. If you have a chance, go directly to Shao Xinwen... Ma Xiangdong asked again Du Fei, should Xie Zijia be invited to the discussion tonight? '

Although it's embarrassing to look down upon by a girl, we can't do things like tearing down bridges. Du Fei said to Zhang Ge again, The devil Xie is so active, I'm afraid her purpose is to get involved...

It's fine for you to decide, shareholding is not controlling, the companies under Kumho should be more open... Zhang Ge said.

That's fine, we'll take care of it first, Du Fei said, In short, it will be discussed at the twenty-nine-member meeting...

Don't waste time, Liang Wenjiang and I will go back to Beijing tomorrow afternoon. Ma Xiangdong stood up and asked Du Fei, Liang Wenjiang also stood up and went out with him, and then dragged the fight together to continue the discussion. At this time The more detailed the discussion, the easier it will be for them to do their work after they return to Beijing.