My Life Can Hang

Many institutions predict that the transaction volume of the food delivery market this year is likely to exceed [-] billion.

There is no doubt that the takeaway market is a big race track.

Just one negligence of Baidu Takeaway made its advantages vanish.

Li Hong stood up, and in front of the floor-to-ceiling window, he saw a building advertisement with Cao Cao's takeaway on a building not far away, with a complicated expression on his face.

A new up-and-coming star, they were able to beat them.

Back at the desk, Li Hong called Kong Weibing.

"Give you another sum of money, if the market share has not increased, you don't have to do it."

"Don't worry, Mr. Li, we will do our best to reverse the trend."

Kong Weibing hurriedly assured that he was finally looking forward to this life-saving money.

Baidu Takeaway, who got the money, finally didn't do anything stupid this time.

Just like its peers, it puts on building advertisements, recruits riders, and subsidizes businesses and users.

Are you hungry? You are still stuck in swiping orders. Only Zhang Xuhao and the others know the moisture in the order volume.

The other two kept pouring dirty water on Do You Hungry, but the speed of their washing was not as fast as they were.

Zhang Xuhao didn't give up when he heard Baidu's takeaway, and even dared to play the subsidy, and said with disdain: "No matter how bad we are, it's not something Kong Weibing and the others can covet."

Kang Jia and the others didn't care much about Baidu takeout, they were more concerned about the white-collar market.

Through data analysis of users, Kangjia and the others calculated that the white-collar market accounts for [-]% of the takeaway market, and the campus market accounts for [-]%.

In the campus market, the status of Are you hungry is hard to shake.

But for the white-collar market, are you hungry? The development is a bit slow.

What white-collar workers value is the efficiency of distribution, and this experience allows them to accept higher unit prices.

"The number of crowdsourced riders will increase."

Zhang Xuhao’s requirements for the distribution business department are very strict: “I hope that in June, the number of crowdsourcing riders will exceed 100 million.”

Zhao Hui smiled bitterly. In just three months, the number of crowdsourced riders more than doubled was easier said than done.

The above sentence breaks the leg from the bottom.

Zhao Hui understands the importance of riders. Recently, the order of Are You Hungry has declined, and many riders have begun to run to the other two.

However, several other very unethical companies offered high prices to seduce their riders.

Crowdsourcing riders, who lack loyalty, naturally want them to compete as fiercely as possible.

……

There is a post on Zhihu about "What do you think is the greatest evil of human nature?".

A young man named Wei Zexi used his own treatment process to answer this question and completely detonated online public opinion.

At the beginning, it was just a netizen who used to be a reporter, and posted a Weibo casually.

He just wanted to complain that he accidentally saw Wei Zexi's story and checked it out on Baidu.

The hospital that harmed Wei Zexi even appeared at the top of the bidding ranking recommended by Baidu.

At first, no one forwarded his Weibo at all.

It was not until a doctor forwarded it that the incident began to be discussed in the doctor group.

"A department contracted by a private hospital bought the ranking online at a high price.

Coaxing patients with biological immunotherapy that has been phased out in the United States has cost a precious life. "

Then came "Medical bidding ranking, an evil advertising model", "A young man who died at the hands of Baidu and private hospitals" and other articles began to spread.

Even on the second day, this topic gradually became popular, attracting more and more netizens to discuss it.

At first, Baidu didn't take it seriously. When the situation expanded, it was too late to react.

The long-lasting anger of the people broke out completely with the departure of this young life.

Baidu's pale apology and explanation could not stop the stock price from plummeting.

On May 5, Baidu's stock price began to plummet at the opening.

As of the close, the stock price has fallen by nearly 8%, and the market value has evaporated by more than 50 billion US dollars.

At this time, Baidu finally realized the seriousness of the situation.

All kinds of public relations means were used together, and they kept apologizing to the outside world.

After Chen Dongcheng saw the news, he realized that Baidu was finally about to transform.

Once Baidu completely bets on artificial intelligence, the O2O business like Baidu Takeaway, which is not closely related to the future artificial intelligence strategy, is estimated to be out of their concern.

Chen Dongcheng saw a reporter reporting that Wei Zexi's parents borrowed more than 20 yuan to treat him.

Ask Xie Jingyu to contact the other party to help the other party repay the debt.

From a certain point of view, in Wei Zexi's case, several other food delivery platforms are the beneficiaries.

Now, even Baidu's own internal affairs are so busy, how can he care about the life and death of a subsidiary like Baidu Takeaway.

Sure enough, Baidu began to sell Baidu takeaway and Baidu glutinous rice.

Peng Zhijian was well-informed, and when Chen Dongcheng was eating with him, he listened to his analysis.

"Li Hong is extremely sensitive and caring about the capital market. Since December last year, he has shifted the focus of Baidu to the financial business, and has also established the Baidu Financial Services Business Group.

It's just that he didn't expect your families to choose subsidies so decisively.

Coupled with Kong Weibing's strategic mistakes, the fighters were delayed. "

Peng Zhijian said with a smile: "You guys really dare to burn money. According to the rules of the food delivery industry, the subsidy is 5-6 yuan per order.

Your daily order volume reaches 100 million, which means a daily loss of 500-600 million.

The monthly subsidy cost alone exceeds 1.5 million yuan. "

Chen Dongcheng said with a smile: "This doesn't even count the video advertisements we put in office elevators, building advertisements, and employee expenses..."

After all, the loss is controlled at 2 million a month, which is already very good.

Peng Zhijian shook his head and sighed: "So, Li Hong is not very interested in Baidu Takeout.

They also approached me recently and asked me if I was interested in investing in the B round of Baidu Waimai.

They lowered the valuation to US$12 billion and planned to raise US$[-] million.

I'm not interested at all. Their current daily order volume is only about 50, which is far inferior to yours. "

Compared with Kong Weibing, Peng Zhijian is more optimistic about Gan Jiawei, who was born in Ahri and built the ground push iron army for the magnesium group.

It is also an investment, why not invest in the potential Cao Cao takeaway.

Have to go to Baidu Takeaway, which Baidu itself has already given up?

Peng Zhijian continued: "Li Hong is more interested in Xinmei University, but his appetite is a little bigger.

He plans to value Baidu Takeaway and Baidu Nuomi at US$30 billion, and then jointly invest US$10 billion with Ctrip each to Xinmei University.

Merged the hotel and travel business of Magnesium Group and Nuomi into Ctrip.

Let Ctrip and Magnesium jointly establish a new online travel platform.

With Meituan's existing hotel tourism business group as the main operating body.

It mainly focuses on the low-cost hotel tourism market, and is invested and controlled by Ctrip.

If the entire transaction can be completed, Baidu will own about 30% of the shares of Xinmei University.

Li Hong served as the honorary chairman of Xinmei University, and Wang Xing continued to be the CEO. "

After Chen Dongcheng heard it, he sneered, "Li Hong and the others thought quite well."

Magnesium does not care about the market share of glutinous rice at all.

The combination of glutinous rice and Baidu takeaway is not worth 30 billion US dollars.

Peng Zhijian smiled: "Who said no, Wang Xing is very short of money now, don't look at their financing of 30 billion US dollars in January, which is very beautiful.

In fact, a lot of money was used to buy Ali's old shares.

Coupled with the cash-out of the founding team of Dianping, and the exit of other early investors.

The funds that hit Xinmei's big account are far less than 30 billion US dollars. "

After all, the magnesium group is still short of money.

If there was no shortage of money, they would have invested a lot of money long ago to reduce the dimensionality of several other companies. How could there be a scene of competition between the three companies today.

Chapter 317. 316, Chase to London (the third update, add more updates for the leader duliuxiong!)

Peng Zhijian is well-connected and well-informed.

Like the negotiation between the magnesium group and Baidu, he is much clearer than the average person.

"Wang Xing only wants money, and Baidu is now worried that the stock price will continue to decline, tightening the money bag, and only intends to invest in Xinmei University with shares and cash.

In my opinion, their negotiation is definitely not going to work, at most it is just to brush the sense of existence. "

Peng Zhijian said with a smile: "Mr. Chen, I think Cao Cao's takeaway money should be tight recently. Would you like me to give you some?"

If Peng Zhijian was asked to choose [-] times, Peng Zhijian would also vote for Cao Cao's takeaway instead of Baidu takeout.

Baidu Takeaway's bloated management team and the frequent intervention of Baidu's top executives made Peng Zhijian no interest.

In contrast, Chen Dongcheng completely delegated power to Gan Jiawei.

Apart from giving money, he rarely intervenes in the company's business.

Peng Zhijian very much agrees with Chen Dongcheng's move.

There are too many high-level managers, which is not a good thing for the subordinate subsidiaries.