How did I become a god

Chapter 457 Core Foundation

Chapter 457 Core Foundation
The afternoon sun shines on the building complex of the century-old hotel located at the Peace Hotel in the Nanjing section.A quiet and leisurely atmosphere permeated the living room.There was a faint noise from the street outside.

Jing Gao left the elegant and bright Liu Sumei to sit down for a while.After all, it almost ruined Liu Sumei's hard work and dedication for a period of time, and he planned to have a meal with her at night.He has dinner tonight, but adding a Su Mei is not a big problem.

Jing Gaoxian and his assistants were handling the work.Dong Youwei and Nie Yunxi reported to him in turn.Cheng Yu, who just went outside to call to arrange work, also came back.

Years ago, Jing Gao talked with Guan Yujia. The secretarial team compiled a briefing every day, which was about an hour in length. He spent about one to two hours a day reading and processing the work.

His work has been a little busy recently.Because the biggest problem of Phoenix Group now is "big but not strong".

The only products that can be sold are "Uber", "Phoenix Payment", and "Phoenix Fund".

Phoenix Fund is his reputation in the domestic venture capital field last year!Several top venture capital firms in China have been severely repaired by him because of Uber's acquisition of Didi.Phoenix Fund is currently almost at the same level as Ali Capital and Tencent Investment Department.

Phoenix Pay developed as Uber became a national online car-hailing giant.At that time, with Uber's huge subsidy discounts, it quickly surpassed the national team: UnionPay payment, becoming the third largest payment tool after Alipay and WeChat.

In view of the bad relationship between Fenghuang and Ali, there is no Alipay entrance in Uber taxis.The payment interface only has WeChat Pay and Phoenix Pay.

Ali is in a lawsuit with Phoenix Finance.Not only to report to the regulatory authorities, but also to shout out in the media, this is a monopoly behavior, requiring the addition of Alipay's interface.

Jing Gao has already seen the opinion of Fenghuang's legal department.It is estimated that Phoenix will be difficult to win.Ultimately, Uber has to add Alipay to the payment side.But it is possible to give a window that collapses.Add user steps.At the same time, it can countersuit Ali and request access to Phoenix Payment in its e-commerce field.

Phoenix Pay and Alipay currently have a very high degree of overlap, and the competition is extremely fierce.Phoenix Pay is actively providing various city services, currency fund services, and fund purchase services.

Of course, in this business area, there is competition with WeChat, Alipay and other payment companies.

Phoenix Pay's biggest advantage in competing with Alipay at present is "subsidies" to quickly acquire customers.The biggest disadvantage is that WeChat and Alipay have first-mover advantages, and there are many application scenarios in the market.

Moreover, the core of WeChat payment is social interaction.The core of Alipay is e-commerce.Both of these have their own unique skills and moats.Phoenix Payment still needs to continue to work hard to build more payment scenarios.

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He only owns the above three "products", so even if Jing Gao's net worth is very high in the outside world, and "killed" Mr. Ren of the Galaxy Group.But his status as a gangster still has some water.

For example, the China Entrepreneur Club will definitely not invite Jing Gao to be the vice president.Really juxtaposing him with Erma, Wang Jianlin, Liu Zong and others, this is the gap that can be seen with the naked eye!

You know, how many of the richest people in Huaxia have fallen over the course of the market for so many years?If you want to be a bigwig in the business world, you must have a solid foundation, or a basic foundation.

For example, in 2015, Li Hejun, chairman of Hanergy Group, who once became the richest man in China, has done a very large business in photovoltaic power generation, and his net worth soared to 1655 billion as soon as the company went public.However, it was immediately investigated and punished for illegal transactions, and then became the "first loser".

Therefore, paper wealth, asset valuation, cash flow, net worth, connections, influence, etc., what to measure, everyone has their own answer in their hearts.

Jing Gao had just killed the Galaxy Group in March. When sorting out the business of the Phoenix Group, he now found that he and Alibaba had conflicts in several areas.

For example, the field of payment.This is not the core field of Jingao, but it is the core field of Ali except e-commerce.

Another example is in the field of express delivery.Yuanfang Express under the name of Fangyuan Group currently annexes Rongrong and Express, with an asset valuation of more than 300 billion yuan, and its business is expanding rapidly.Basically already in the first echelon of the express delivery industry.

Express delivery is one of the core businesses of the e-commerce industry.Jingdong is a self-built logistics.Ali integrated three links and one delivery to form "Cainiao Logistics".

Another example is competition on travel websites.Xiashang Cultural Tourism is currently developing very well under the leadership of Shen Jinyuan.Its official website has been "encircled and suppressed" by Ali, and it is still alive, but the number of users has increased.

In terms of word of mouth, it is rapidly approaching the travel websites owned or invested by Ali.

Jing Gao reckoned that if he hadn't had the absolute confidence - Unlimited Card, competing in Ali and many business fields, he probably wouldn't be able to sleep soundly at night.

As JD.com's Dong Ge said, Alibaba is the number one in its industry and deserves everyone's respect.In 2017, Ali's reputation on the Internet was still very high.Boss Ma's nickname is "Papa Ma".

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Therefore, there is an urgent need for Jing Gao to start the chip manufacturing business.One is to create "fist" products and core moats for Phoenix Group.One is to help the Phoenix Group stand firmer in the business game.

He has been spending more time at work recently.Roughly, four hours a day.Just like this time.

Everyone sat around a square table in the living room.Holding a notebook and a pen, Dong Youwei reported, "Mr. Jing, the investment department of the group has contacted Dr. Zhang Rujing. He intends to accept our investment in Xinsheng Semiconductor, and is willing to invite him to Jinling to build a factory."

Sitting on Jing Gao's right hand side, Cheng Yu added: "I just had a phone call with Dr. Zhang's assistant, Ms. Wang Yan, and I have an appointment to have dinner at a restaurant on the other side of Zhangjiang tonight. We will discuss it in detail."

Jing Gao nodded, "Yeah. Youwei, you arrange the itinerary and the connection with Jinling."

"Okay, Mr. Jing."

After a few more questions, Jing Gao looked at Nie Yunxi, a beautiful and elegant 32-year-old woman across the table, and said softly, "Professor Nie, what else do you need?"

Nie Yunxi's watery eyes looked at the form on his Apple laptop, and said in a clear voice, "The vice president of Phoenix Fund, Zuo Hao, asked to meet you. He wants to repay the Phoenix Fund's missed investment in Pinduoduo."

Her voice was still so soft and sweet.

Jing Gao said sharply: "Cheng Yu, you can arrange it."

Under the structure of Phoenix Group, Phoenix Fund is operated independently.It is equivalent to a venture capital brand.There are 6 investment teams under it.Under the leadership of the investment committee.When Jing Gao talked with Han Wenguang in the next year, he allocated 100 billion US dollars to the Phoenix Fund, plus the Phoenix Fund's shares in Uber, the financial strength is strong.

The Phoenix Group also has an investment department, which is mainly engaged in strategic investment, implementing Jinggao's investment orders, and managing previous Jinggao investment projects.Yin Jian is in charge of this department.

Nie Yunxi smiled softly, a beautiful and soft woman, and said: "Mr. Jing, I haven't finished my report yet. The president of Phoenix Fund, Han Wenguang, also requested to meet with you. He wants to report on the acquisition of Baidu Waimai. In addition, Mr. Li from Baidu Through Shen Nanpeng of Hongbin China, the middleman, he wants to meet and chat with you."

The rest of the people sitting in the living room all understood what it meant.The management of the Phoenix Fund is infighting.

Liu Sumei sat on the sofa, "Oh", she couldn't help holding her forehead.She has been in the workplace for a long time, so she doesn't know what's going on?

Jing Gao also laughed angrily, "That's okay, call them all back to Shanghai. I'll let them confront each other face to face. Cheng Yu, you arrange it. At the same time, prepare a copy of Pinduoduo's materials for me. Mr. Li's meeting Push back a little bit. I'll get the internals sorted out first."

(End of this chapter)

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