My Life Can Hang

When the melon eaters were discussing lively, Chen Dongcheng posted two more photos with the text: "Shock Seven Stars."

"I'll go, is this manuscript a submarine restaurant?"

"Sure, there are marine creatures outside, and people sit at the table to eat. It must be an underwater restaurant."

"The one next to me is more awesome, okay? That's the submarine suite!"

"Thousands of square meters of submarine suites, I really want to stay for one night."

"I really want to know the price, although I can't afford it."

"@陈东成, post the price!"

……

Chen Dongcheng saw how curious the melon eaters were, and replied to a netizen who asked the price.

"The submarine suite costs 500 million US dollars, and the price per night is [-] US dollars."

"Excuse me, even if it's 5 yuan a night, I can't afford it!"

"Slip away, if I can sell the landlord's house, I will definitely join in."

"Can the ten selected people live in an undersea suite?"

Chen Dongcheng replied very quickly: "The ten users who were selected can each stay in an undersea suite for one night and enjoy the best butler service."

The Internet is full of envy again, but on Douyin, there is no need to worry about someone taking the rhythm.

As long as there is deliberately provoking trouble, the background will supervise at any time, and the account will be banned as soon as possible.

It’s okay to be rhythmical on other platforms, and Chen Dongcheng’s own platform is not left to have the final say.

When Chen Dongcheng was idle and bored to browse the circle of friends, he found that Wang Sicheng was very low-key during this time.

Even if he encounters netizens who deliberately pick things up, he doesn't see it, it doesn't quite fit his petty temper.

As long as Wang Sicheng doesn't cause trouble, Chen Dongcheng doesn't care about him and concentrates on his own affairs.

No matter how good Yida is, it has nothing to do with him.

If Lao Wang wanted to target Chen Dongcheng, it might be useful.

Well, Wang Sicheng, let's be his richest son, after all, this is the last year.

chapter 350. 349, sponsorship

Cao Cao Century Building.

Chen Dongcheng sat in the office and looked at the documents compiled by the think tank.

2016 has come to an end, the achievements of various subsidiaries are put together, he is like a class teacher, watching the performance of several subsidiaries.

Some performances are flat, no waves, such as super orangutan and keep.

Some performances are very eye-catching, and they have the potential to be the next trend, such as Douyin and Pinduoduo.

Li Changqing’s remarks to Douyin and Pinduoduo are all suggestions to focus on and make appropriate capital injections.

Like keep, I don't recommend Chen Dongcheng to keep throwing money into it.

Among the many subsidiaries, the one that burns the most money is Cao Cao's takeaway.

The large sums of money thrown by several platforms have hurt their vitality.

If Gan Jiawei hadn't received Chen Dongcheng's [-] million US dollars and Peng Zhijian's [-] million US dollars, would he have been hungry long ago and have been beaten by the magnesium group.

The first one to fall behind is Baidu Takeaway, whose market share has fallen rapidly, and has even been surpassed by the word of mouth that relies on outsourcing.

The strategic abandonment of the parent company made Baidu Food Delivery panic.

Executives leave one after another, and the company's development prospects are unclear.

Baidu refused to give the money, and no one else was optimistic about it.

If they can't raise money, they can only find ways to make up for it from users.

Baidu Waimai is the first platform to raise delivery fees and eliminate subsidies.

When everyone was subsidizing, the operation of Baidu Takeaway directly killed himself.

Users are used to subsidies, and you want to change this inertia unless everyone stops together.

This is simply a false proposition. Without a monopoly, it will never be possible to stop subsidies.

Just look at Didi's family history, you can understand a thing or two.

Countless wars of burning money have made Didi's glory.

Cao Cao's takeaway has been on the line for one year, and it has achieved the first place in the market share, which really surprised many people.

The timing of the main Cao Cao takeaway is just right.

Magnesium Group has signed too many business lines, and there are rivals everywhere. It is impossible for the investment in the takeaway business to have no bottom line.

Are you hungry? I haven't recovered since the party ended.

After that wave of brushing operations was exposed, it almost fell into desperation.

In contrast, Cao Cao's takeaway is the safest way to go.

The speed of development in third- and fourth-tier cities is comparable to that of the Magnesium Group.

The role played by many agents cannot be underestimated.

In Magnesium Group Takeaway and Are You Hungry, there have been incidents of agent rights protection one after another. Cao Cao’s takeaway is calm, and the agent and the platform get along very well.

In this comparison, more people have applied to be Cao Cao's takeaway agents.

It is said that the market share is the first, but in fact the three are very close.

The rhythm of burning money will take longer.

Gan Jiawei submitted a document with a budget for this year's promotion expenses, which is expected to be no less than US$[-] million.

This is not Gan Jiawei's lion's big opening, but the baseline under the pressure of Magnesium and Hungry.

Below that number, the current slender lead will be wiped out.

At the same time, Gan Jiawei is seeking Chen Dongcheng's opinion.

He heard that Magnesium Group and Are You Hungry are planning to start charging commissions from merchants to reduce the pressure on their own financial costs.

Gan Jiawei hesitated whether Cao Cao's takeout would follow up.

Chen Dongcheng didn't even think about it, and directly gave instructions: "We will not follow up for the time being, and we will still adopt a commission-free support policy for merchants."

It's not that Chen Dongcheng doesn't want to make that money, it's just that the time has not come.

Even if Magnesium and Hungry resume the commission system, they will take a maximum of 8%.

The competition between the three is so fierce, as long as the two of them dare to take a commission, Cao Cao's takeaway can easily get a group of merchants.

Cao Cao's takeaway is not without a source of profit, such as selling advertising space and rankings.

Merchants on the platform can also understand. After all, they have been exempted from commissions, so how much do they have to pay?

Chen Dongcheng called Gan Jiawei directly, and Gan Jiawei called Chen Dong before he was seated.

Chen Dongcheng poured a cup of tea for Gan Jiawei and asked, "Cao Cao's takeaway performed well last year, and its market share ranked first. Are there any interested investment institutions?"

"This is definitely there, but the valuation has not been negotiated."

Gan Jiawei said humbly: "Our number one is a little unstable.

Moreover, the valuations offered by many investment institutions are generally low.

Only Mr. Peng of Yuansheng Capital is sincere and gave us a valuation of 25 billion US dollars. "

This group of capital will be so cautious, and they are not intimidated by the endless money-burning posture of several companies.

In the situation of the takeaway market, no matter which one you invest in, there are risks.

After Chen Dongcheng understood the situation, he asked, "How much does Yuansheng Capital intend to subscribe?"

Gan Jiawei replied: "If the valuation of the B round is 25 billion US dollars, the financing will be 2.5 million US dollars.

Mr. Peng can subscribe for [-] million US dollars, which is their limit. "

"$25 billion doesn't sound good, you go to contact President Peng, the B round is still cooperating with Yuansheng Capital.

We teamed up to inject another US$3 million into Cao Cao’s takeaway, and the post-investment valuation was set at US$30 billion. "

Chen Dongcheng made a slight change, the investment amount of Yuansheng Capital did not change, but he invested more.

Gan Jiawei looked happy and nodded quickly: "Okay, then I'll contact President Peng now."

If the parent company has the strength, the development of the subsidiary company will be smooth sailing.

When many investment institutions hesitated in the takeaway market, Cao Cao Takeaway completed financing again, which will undoubtedly give all employees a shot in the arm.

Peng Zhijian agreed very happily.

If it weren't for the limited size of the funds he manages, he would still want to subscribe for more.

A few years ago, Cao Cao Waimai completed a new financing, which immediately stimulated Hungry and Magnesium Group.

Especially are you hungry? Zhang Xuhao only now knows how hot Ali's money is.

Last April, Hungry was caught in the aftermath of the party incident.

Zhang Xuhao signed a gambling agreement with Ali, and obtained an investment of 12.5 billion US dollars from the other party, and promised to achieve profitability in two years.

If Hungry is not profitable by then, he is willing to hand over control of the company to Ahri.

In Zhang Xuhao's view, survival is more important than control.

Ahri's internal right to speak has not yet reached the point of dictatorship.

Other investors may not agree with Ali.

As long as you have a good balance, are you hungry and can still continue to develop under him.