Chapter 494 The business godfather develops Yu’e Bao!(1/3)
"Chairman, don't worry, I will build Douyin Mall as soon as possible within one year!" Chen Chuanqing promised.
"One year? Just in time, the two-year agreement with JD.com will expire by then!" Wang Yi had some concerns in his mind.
The layout is now beginning. Douyin Mall will be fully upgraded into a comprehensive e-commerce next year, fully cutting off from JD.com!
Everything is just right.
Wang Yi has great trust in Lao Chen's ability in e-commerce, and other senior executives are also convinced.
Whether it’s the sudden rise of Meiyou Mall or the rapid development of Xingyi Mall, everyone is watching.
Other senior executives of Xingyi Technology, such as Zhu Changlin, Yang Yan, Cai Zisong, Williams, Tu Hongyun, etc., are all technical players.
A few senior executives such as Song Sining, Chen Chuanqing, and Xu Mingyi are operational talents.
Having Lao Chen in charge of e-commerce can also better coordinate resources.
Wang Yi changed the subject: "In addition, our own Xingyi Logistics must also increase the speed of construction."
"Although the current JD Logistics is very easy to use, what is for others is what is for others. We, Xingyi Technology, still have to continue to build our own logistics and distribution system."
Wang Yi said it simply, but everyone understood what Wang Yi meant.
The chairman is fully prepared for cutting!
Not just with Alibaba, but also with JD.com!
At present, Xingyi Technology does not engage in comprehensive e-commerce. It has a honeymoon relationship with JD.com, and JD.com’s warehousing and logistics are also very convenient.
Places that cannot be covered by Xingyi Logistics and Warehousing are all covered by JD.com's logistics and warehousing. Through this, JD.com Logistics has also made a lot of money, which can be described as a win-win situation.
But if Douyin wants to become a comprehensive e-commerce company, it will not only be a rival to Alibaba, but also a rival to JD.com!
By then, JD Logistics may have problems!
After all, Wang Yi knew the style of the Great Qiangzi very well.
The simplest thing is that JD.com does not support Alipay payment, and Taobao does not support JD.com payment. Was it Taobao that started blocking JD.com payment first?
no.
On the contrary, as early as 2011, in order to lay out its own payment, JD.com directly blocked Alipay payment and closed the Alipay interface on the grounds that Alipay's rates were too high.
At the same time, it acquired online banking, obtained a payment license, and gradually built its own JD.com payment.
Similarly, Taobao will not launch JD.com payment.
It can only be said that this kind of competition between giants is all about exclusivity, and they would rather be broken than destroyed.
Jingdong has done the best in this regard.
Next year’s Douyin e-commerce upgrade to a comprehensive e-commerce will also cause problems in the cooperation between JD Logistics and Xingyi Technology.
At the moment, Xingyi Technology is still JD.com’s major shareholder. JD.com doesn’t dare to do too much, but it’s hard to predict the future.
Especially JD.com's stocks, Wang Yi doesn't want to hold them for a long time.
After the ban on JD.com's listed stocks is lifted, Wang Yi will quickly cash out part of it and use the remaining shares as incentives and year-end bonuses to distribute dividends to core executives!
At that time, the Great Qiangzi will inevitably turn against each other and directly cut off the cooperation between JD Logistics and Xingyi Technology.
To put it bluntly, the conflict in the core business means that the alliance between Xingyi Technology and JD.com will not last long, and they will become life-and-death enemies by early next year at the latest!
There is nothing we can do about this.
Even the honeymoon relationship between JD.com and Goose Factory in the previous life was only after Goose Factory sold Tencent Paipai e-commerce platform to JD.com and completely withdrew from the e-commerce market.
Since it will be completely cut next year, Wang Yi must make various preparations now.
We can't wait until next year when something goes wrong and then improvise. It's too late.
At present, Douyin Mall needs to develop a comprehensive e-commerce layout, and its own Xingyi logistics and warehousing system needs to increase investment to cover the whole country!
Wang Yi asked: "How many markets across the country does Xingyi Logistics and warehousing system cover now? How much does JD Logistics occupy?"
Chen Chuanqing quickly replied: "Chairman, Xingyi Logistics accounts for about 30% of the market, JD Logistics accounts for 50% of the market, and there are 20% of remote areas that JD Logistics cannot reach. They all cooperate with the postal service."
Wang Yi instantly understood that the most humble postal service was YYDS.
There is no place they can't reach.
Although the postal service is slow, it is reliable and has wide coverage!
Therefore, in the distribution systems of Xingyi Technology and Meiyou Technology, the postal service also accounts for a large proportion.
"Very good, Lao Chen, I will also leave Xingyi Logistics and Warehousing business to you!"
Wang Yi said decisively: "By this time next year, Xingyi Logistics will cover 60% of the market, 20% of remote areas will still be handed over to the postal service, and the remaining 20%... will be introduced to SF Express!"
Rather than waiting to be cut off and waiting for JD Logistics to stop services, Wang Yi prefers to actively stop cooperation after the cooperation expires.
It’s just 20% of the market, just leave it to SF Express.
Even SF Express can only dream of Xingyi Technology being so large.
"Yes!" Chen Chuanqing responded.
"At the same time, we will continue to build warehousing centers across the country. Next year, Xingyi Warehouse Center will cover 80% of the market, and the remaining 20% can be rented to third parties."
"In the next year, Xingyi Logistics will cover 80% of the country's market, and Xingyi Warehousing will cover 90% of the market!"
"Okay!" Chen Chuanqing wrote down everything. He felt that the list on his shoulders was heavy again.
The logistics and e-commerce businesses of other platforms are separated, and if there is a problem, they can still play football against each other.
Chen Chuanqing is responsible for Xingyi Technology, logistics, warehousing, and e-commerce.
Once something goes wrong and you can't kick the ball even if you want to, it's all Chen Chuanqing's responsibility!
As a result, Chen Chuanqing had to go all out to coordinate everything.
Song Sining also said: "Chairman, we have a restriction agreement with JD.com that we will not engage in comprehensive e-commerce within two years. It will expire at the end of April next year. On May 1 next year, comprehensive e-commerce can be fully upgraded."
"Before that, we can also increase categories, especially self-operated categories. As long as we don't do comprehensive e-commerce, there won't be a big problem."
Wang Yi nodded: "That's no problem. Our own product line is completely fine. Especially in the second half of this year, if JD.com successfully goes public, we can gradually increase the categories."
Wang Yi's plan is very simple. Before JD.com goes public, Douyin will not be a comprehensive e-commerce company. It will cooperate with JD.com to increase JD.com's profits and revenue and increase JD.com's stock price. Wang Yi can also earn more by cashing out JD.com's shares.
.
Once all the stocks that can be cashed out have been cashed out, categories can be gradually added. Wang Yi will not care about the level of JD.com's stock price.
In a previous life, in 2014, JD.com invested in Goose Factory and it went public two months later.
This time, with the support of Xingyi Technology, it will be launched this year.
If it weren't for Wang Yi's pressure, Daqiangzi would have wanted to go public in January.
It was Wang Yi who told Da Qiangzi to wait for a while and wait until the performance reached a higher level before listing on the market, so as to achieve a higher level. This was the reason why Da Qiangzi was suppressed.
But now it seems that it won’t last more than a few months.
It is estimated that it will be launched in the first half of this year.
Wang Yi didn't bother to pay attention to this. Regardless of whether it is listed, he can cash out in two years depending on the situation.
This is a risky ship. Wang Yi can make a profit and run away. He does not want to hold it permanently, so cutting it off as soon as possible is the best option.
Our own Douyin e-commerce + Xingyi Logistics is our destination!
"Okay, the layout of Douyin e-commerce will proceed like this. Next, let's discuss how to respond to Ali!"
Wang Yi continued: "It is disrespectful to come back without reciprocating. This time Ali attacked us. Although they were miserable in the end, they deserved it! How should we retaliate? We will still retaliate!"
Hearing this, everyone became interested.
Alibaba dares to use overseas media to spread rumors and smear Xingyi Technology. If Xingyi Technology doesn't respond at all, wouldn't everyone think that Xingyi Technology is easy to bully?
From now on, cats and dogs will dare to destroy Xingyi Technology and step on Xingyi Technology!
That won't work!
On the contrary, only by retaliating with thunder and killing one person as a warning to others can we establish our authority.
Jian Ziyan was the first to speak: "Chairman, I suggest that we continue to maintain the public opinion offensive and let the incident of Ali colluding with foreign media to smear us remain on the Internet."
Ye Changpeng also agreed: "Yes, only in this way can the popularity of the incident be maintained, Alibaba will continue to be boycotted, and the number of users of Changchao Pay can continue to increase."
Wang Yi nodded: "Okay, let's do it. What Ali wants most now is to calm the situation and restore users after the storm has passed. And what we have to do is to let the situation continue to ferment and let Ali continue to be tragic!"
Everyone nodded, and Wang Yi continued: "But this is not enough, we have to use some sharper means to beat Alipay completely!"
In response, Wang Yi looked at Song Sining: "President Song, is there any progress on the Internet banking license in Shanghai?"
Wang Yi remembers that the first Internet banking license seemed to be WeBank, which was issued at the end of 2014.
In 2015, Alibaba launched its online merchant bank.
In the future, there will be Xiaomi’s Xinwang Bank, Suning’s Suning Bank…
Although there are many Internet banks, the ones with the biggest reputations and the most users are Tencent’s WeBank and Alibaba’s MYBank.
As for the other ones, they are far from satisfactory.
To be continued...