Zhou Hongyi was responsible for the subsequent establishment, operation and management of the company. He did not need to be managed by Wang Liu. He was also willing to relax. He only wanted to invest in a piece of investment. With Zhou Hongyi's ability, he just needed to wait for the flowers to bear fruit next.

Part of his energy was devoted to the Hongxing Branch, which had already started construction, and had already started the inspection and approval of the design plan, planning permit and construction permit.

The other part was invested in Tiansheng. A large number of Yahoo was poached by Zhou Hongyi and fell directly into a semi-paralyzed state. This was a rare opportunity, so he naturally had to seize it and harvest a wave of markets.

At the same time, something unexpected happened.

"Taobao launches crazy promotion season, joining the competition for e-commerce"

"Taobao emerges, price war adds a new army"

"Who can laugh to the end in Taobao, eBay, Tiansheng under the money burning mode?"

Alibaba, who had been silent for a long time, suddenly released an announcement and started a crazy promotion, and joined the competition between Tiansheng and eBay.

The price war, which had originally weakened due to the World Cup, was mentioned again, and various reports began to bombard, and the attention suddenly increased.

Listening to Li Xiangtao's report, Wang Liu was also surprised. After chatting with eBay for so long, Alibaba has not moved. He thought that Lao Ma had given up on Taobao, but he didn't expect that he was still thinking about it.

And taking action is crazy promotion, joining the price war with such confidence...

"Has Alibaba received financing again?"

"I haven't paid much attention recently, but it must be the case, otherwise where would he get the confidence to join our price war with eBay?"

Li Xiangtao guessed: "Just joining, the news reports are so hot. I think there must be Alibaba that is fueling the fire. I want to take advantage of the momentum to hype and increase Taobao's popularity."

Wang Liu nodded, that's for sure. He had been fighting a price war with eBay for almost two months, and the market was basically divided up by the two of them. Alibaba was already so late to join the battle group at this time. If he didn't hype it up and increase his popularity, then his actions would be no different from being extravagant.

However, when the market has been occupied by Tiansheng and eBay, if nothing unexpected happens, even if Alibaba joins the battle, it will use hype to increase its popularity. It will still be difficult for it to achieve ideal results.

But, after all, it was Alibaba. Wang Liu didn't dare to be careless and told Li Xiangtao: "Go and check how much money Alibaba has raised, and what other actions they have in addition to joining the price war."

Only after knowing Alibaba's funding situation and specific actions could he respond in a targeted manner.

"Yes." Li Xiangtao responded.

...

Hangzhou.

Alibaba headquarters.

In the data monitoring room, looking at the rising sales on the screen, Lao Ma breathed a sigh of relief. Thinking about his experiences these days, he was still a little sad.

He was forced into a dilemma by the price war between Tiansheng and eBay. After weighing the pros and cons, he gritted his teeth and decided to join the price war.

In order to raise funds, he contacted Cai Chongxin almost all kinds of investment institutions, and finally, under the leadership of SoftBank, he jointly invested 80 million US dollars in cooperation with Fidelity Asia, Kleineng Huaying and Jiyuan Capital.

The money was obtained, but after all, I lost the best opportunity to compete with Tiansheng and eBay. The market has been divided by the two companies. He wants to get a share of the pie and grab some market from Tiansheng and eBay. The difficulty is not low.

Even though he had made sufficient preparations, he was still a little unsure until he saw the data just now. Fortunately, judging from the current results, the situation is pretty good.

In less than half a day, Taobao's cumulative sales exceeded 100,000. Although it is not comparable to Tiansheng and eBay, it is at least much better than theirs before, which proves that the response they have made is still effective.

If this trend continues, it is entirely possible to grab some market from Tiansheng and eBay.
Chapter completed!