Rebirth: My dad is a coal boss

Li Xueling's words immediately sparked a discussion in the conference room. Because the e-commerce department was established relatively recently, it was profitable to sell virtual items last year. Unexpectedly, it suffered losses after selling physical goods, and lost hundreds of millions in just a few months.

Li Xueling was also a little embarrassed. This was the first time that the project he was responsible for suffered losses. The e-commerce project was much more complicated than he thought. Due to the lack of monitoring, there were many counterfeit and shoddy products on the platform, and the loss of logistics and transportation was also very large. In many cases, the platform needed to intervene.

In addition, a lot of money was spent on early publicity and advertising. The most important thing was that at this time, if you want to shop online, you need to open a bank's online banking account to pay at night, which is very troublesome. Transfers will also incur handling fees, which are now all paid by Inspur Technology.

"It is normal to incur losses. In my estimation, Taobao will lose money for at least three years, that is, until 2006. During these three years, the company's investment will increase and is expected to exceed 10 billion. E-commerce is very expensive, and we must have good psychological expectations."

Hearing Lin Hao's words, everyone was shocked again. They actually lost 10 billion in three years. The company didn't know whether it could make 10 billion in three years. However, Lin Hao was so determined that no one dared to object.

"The loss of 100 million is mainly due to the huge initial investment. It will be better in the later stage. However, the more we sell now, the greater the loss. If we can solve the two main problems, then our losses will gradually decrease and even turn into profits.

The first point is the loss of logistics. Most of the current logistics costs are borne by the sellers, that is, the merchants, but the costs are very high. The losses during transportation are too large. Buyers often cannot receive the goods and eventually find our platform. Because logistics only pays for logistics costs, the loss of goods can only be borne by merchants and platforms.

The second point is the payment problem. Now the payment problem The problem is very troublesome. Not only do you have to go to the bank to open online banking, the procedures are complicated, and you have to pay the handling fee. Although the company has Alipay, it still needs to use online banking and cannot connect directly with the bank. This is a big trouble. "

Hearing Li Xueling's words, Lin Hao thought for a while and said: "For logistics matters, the company will come forward to talk to the logistics company to reduce logistics costs. At the same time, if there is a loss, the logistics company must compensate according to the price."

"I'm afraid the logistics company will not agree. Now the lost items generally only compensate the logistics fees. If you want to compensate for the loss of the items, no logistics company will compensate." Li Xueling said hesitantly.

"We have a large volume, which is the bargaining chip for negotiation. If you are still unwilling, we will acquire shares. This issue must be resolved, and not only resolved, I plan to pilot free shipping in Jiangsu, Zhejiang and Shanghai. As long as the delivery location is in Jiangsu, Zhejiang and Shanghai, the postage will be directly reduced."

Lin Hao's words made the conference room explode again. Wouldn't this loss be even greater? You know, the logistics costs at this time are very high. If the merchants and buyers are happy with free shipping, the platform will bear the costs. Now it has only lost 100 million in a few months, and I am afraid that it will lose 100 million in a month.

"Is it immature to implement free shipping now?" asked a senior executive of the company.

It is indeed a bit early. In the past, free shipping in Jiangsu, Zhejiang and Shanghai was not until around 2012, but now it is several years ahead of schedule.

"Don't rush this. It depends on the progress of the negotiation between the company and the logistics company. The costs will be borne by the company, logistics and merchants. If it doesn't work, the company will build its own logistics system. At the same time, I plan to establish a branch in Zhejiang or Shanghai."

"We have now established an office in Shanghai to handle merchant issues in Jiangsu, Zhejiang and Shanghai." Li Xueling said.

"The office is not okay, hurry up and set up the company. As for the payment issue, Alipay will set up a separate department. Alipay is very important. In the future, the company will not only use e-commerce, but also games and YY will be connected to Alipay. I will handle the connection with the bank."

In the previous life, Alipay also encountered problems in connecting with banks. In the end, this problem was solved by cooperating with local banks. For example, the four state-owned banks, the Ran family will not pay attention to you at all, but local banks are different. For the sake of performance, they open a hole and deposit money from Alipay. These are all real performance.

"By the way, what's the situation with Ali Baba?" Lin Hao suddenly asked.

"The other party's B2B business started to make a profit last year. In May this year, they established Tmall and officially entered the C2C market. Now they are in competition with our Taobao. Moreover, because the other party is in Zhejiang, they have an advantage over us in terms of region. Fortunately, we were established earlier than them, and we are currently ahead of them."The inertia of history is still very strong. I stole the name of Taobao, but I didn't expect that the other party would still set up Tmall, and the time was the same.

"Jack Ma is a very powerful person. We must pay attention to him. In the future, Tmall will be Taobao's biggest enemy. Let's leave the e-commerce issue as it is."

Lin Hao made the final decision. The two issues were left as it is for the time being. Next, Li Xueling reported on the Duowan Internet Cafe Management System.

"Since we launched the promotion package in March, the business volume has been very large, especially for some game companies. As long as there is an effect, they will invest money without blinking an eye. In 4 months, the revenue has exceeded 1 billion. The partners include NetEase, 9City, Shanda, Penguin and other companies.

At the same time, thanks to the report of your deeds, our users of Duowan Forum have doubled to 50 million users, which is higher than the users of some portal websites. Advertising income and promotion income have also increased significantly, reaching 30 million.

The user scale of wo123 navigation under the company has also increased significantly, but we are taking the pure version route. There are no advertisements at present. We only charge the first fee in the position order, so the income is limited."

Li Xueling's report lasted for several hours. The main reason was that he was responsible for too many things. YY was divided out and given to Zhang Xiaolong before the New Year, but there were still many things.

Seeing that Daqiangzi had to hurry up, Lin Hao came to Beijing this time to take Daqiangzi, which was ranked among the most important things.

"Xiaolong, tell me about your situation." Lin Hao said to Zhang Xiaolong.

"After we launched the multiplayer online voice function in March, the user response was very good, and the user scale achieved a leapfrog growth. Later, we launched the group function and room function. In May, we launched the YY level function and picture function, all of which received good reviews. At present, our user scale has reached 50 million. We plan to officially launch the YY space in July."

"What's going on with Penguin?"