Rebirth of the Richest Man In Black Technology

"Xiaolong, are you really ready to leave?"

At the Penguin headquarters, Zhang Xiaolong is reporting to the pony Ma Huateng. Today, he went to Shenzhen for his final resignation.

"Yes, Mr. Ma."

Zhang Xiaolong responded in a rather complicated way, this cheap boss is also a powerful person.

Since the establishment of Penguin in 1998, it has experienced a trough and almost sold the company. After that, it was still able to rise and be killed from the Internet army.

Penguin has continued to create miracles, and by 2004, it was listed on the Hong Kong Stock Exchange.

Last year, I acquired the FM team and successfully became my own cheap boss.

However, compared to the legendary experience of the next person, this is a little worse.

At this moment, Zhang Xiaolong compares the current boss with the future boss.

"Since you have decided to leave, let's finish the process."

Seeing this, the pony did not do much to save it.

Zhang Xiaolong was determined to leave, and it would be of no use if he kept him.

Besides, their Penguin also has a QQ mailbox, and the teams overlap somewhat. With Zhang Xiaolong's departure, the FM mailbox can be merged into the QQ mailbox smoothly.

"Mr. Ma, I want to give up the competition contract."

"What? Are you going to give up the competition contract?"

Hearing the words, Xiaoma's originally calm face showed a look of surprise.

Are you planning to develop other email software after Zhang Xiaolong resigns? !

This is something he will not allow!

"Yes, I want to give up the competition contract. In order to avoid trouble, I promise not to develop mailbox products again."

Zhang Xiaolong originally signed a competitive contract in the mailbox category with Boda, but Boda was later acquired by Penguin.

He came under the banner of the company, and the competition contract is still the same.

Even if he doesn't deal with it, it doesn't affect him much! But in order to save trouble in the future, this matter must be handled well.

"Come on, you make a written promise and give up if you give up."

As a Nanshan Pizza Hut, the pony naturally has some means. Competitive contracts are not too big or too small.

As long as Zhang Xiaolong doesn't develop email products, it doesn't matter if he is free of a favor.

"Mr. Ma, thank you."

Zhang Xiaolong responded with a smile, heaved a sigh of relief, and finally solved the final problem.

After coming out of the penguin, Zhang Xiaolong felt relieved.

Later, he can start a new professional life.

Perhaps, the road is very uncertain, but the future should be very broad.

...

Feng Hao could probably guess Zhang Xiaolong's departure.

After all, Zhang Xiaolong will come to Greentown soon. Before coming, he will definitely explain the related affairs in Penguin, and he will also resign from Penguin.

At this time, Feng Hao was participating in related meetings on JD.com.

As a big boss, he rarely shows up, but at today's meeting, he had to show up.

The decision-making of the general direction of Jingdong still needs him to make the final decision.

The participants were all senior management of JD.com, including general manager Liu Qiangdong, deputy general manager Ren Deshan, deputy general manager Mao Lezhang and so on.

Of course, there is also the big boss Feng Hao and his assistant Mo Xiaolan, and even two shareholders have also sent representatives.

Haotian Venture Capital accounted for 78%, Liu Qiangdong's team accounted for 21%, and 1% of the equity was in the hands of the two cooperative partners.

"We in Kyoto have achieved leapfrog development since the beginning of this year. At the end of last year, that is, in 2005, our Jingdong sold a total of about 10 million products, and the profit was almost no, it can even be said to be negative. Someone once estimated a thousand Eight million, if it wasn’t for me, Liu Qiangdong, who thinks there is still hope, JD.com would have almost been bought out.”

Liu Qiangdong said quite self-deprecatingly that at the end of last year, it was indeed difficult for Kyoto to continue to develop. To survive is difficult, extremely difficult.

"However, this year, we brought in our major shareholder, Mr. Feng Hao. With Mr. Feng's large amount of funds and many supports, we have achieved breakthrough development. This year's Kyoto 618 Shopping Festival, Kyoto sold 310 million in one day. The turnover in just one day is 31 times that of last year!"

"Such data is enough to prove that our JD.com has risen! Since then, JD.com's monthly sales have reached 400 to 500 million yuan. The revenue is increasing day by day, and our income and expenditure have roughly reached a balance."

As he spoke, Liu Qiangdong raised his fist and swayed excitedly.

Last year, he went everywhere to borrow money, looking for financing, but he ran into walls everywhere!

This year, he sat quietly in his office, while funds and investment banks squeezed their heads and wanted to give him money.

This change made Liu Qiangdong feel like he was in a lifetime.

And all of this is because of this young man in front of him.

Liu Qiangdong continued to introduce and affirmed JD.com's recent achievements: "We have achieved results, which is gratifying, exciting, and worthy of appreciation. If we develop well and maintain the current growth rate. By the end of the year, I can Apply to President Feng for a generous year-end bonus."

JD.com has developed rapidly recently and has maintained rapid growth with double-digit revenue growth.

As for expenses, it has come out of the previous losses and reached a balance of payments.

Hearing Liu Qiangdong's words, the executives showed a knowing smile. As the management of JD.com, if the company performs well and rewards them, they will definitely be rewarded first.

Since he dares to publicize it with great fanfare, the amount of reward will not be very small, at least one month's salary reward.

"Everyone, although we have achieved good results, in any industry, companies are like sailing against the current. If they don't make progress, they will exit. We JD.com need to change, and we need to keep making progress."

Faced with the current situation of JD.com, Liu Qiangdong can be said to be satisfied or dissatisfied.

The satisfaction is that compared with the past, JD.com has achieved breakthrough development and achieved quite good results.

The dissatisfaction lies in the future planning. The development speed of JD.com is still too slow, and there is still a gap with Taobao, the leading e-commerce company!

"So, one of the purposes of our meeting this time is to convene everyone to discuss the follow-up plan and how to solve the problem of funding."

JD.com needs to solve problems, not only solutions, but also financial problems.

It is impossible for Liu Qiangdong to make a decision by himself when the matter involves everyone.

So I asked everyone for their opinions, and let Ren Deshan speak first: "Vice President Ren, please express your opinion."

Feng Hao also has some impressions of Ren Deshan, deputy general manager of JD.com.

In his forties, he is the core figure of Liu Qiangdong's team.

With an excellent background, he graduated from Tsinghua University with a master's degree and has worked in the e-commerce industry for several years, serving as executives of many e-commerce companies.

"Okay, Mr. Liu, even though JD.com has unique capital and relatively good development. But how much market share does JD.com have, how much annual sales, and how big is the e-commerce market?!"

"Everyone here, some people must know the rough data, and some people are not very clear, I will tell you again now.

In 2001, the domestic C2C e-commerce market transaction volume was only 400 million yuan. By 2005, the market transaction volume was as high as 13.71 billion yuan, with a compound growth rate of 142.0%.

In 2005, the size of the domestic B2B e-commerce market increased by 37.1% compared with 2004, reaching 644.6 billion yuan.

In 2005, the scale of the domestic B2C e-commerce market was very small, less than 10 billion. "

After Ren Deshan listed the data, he was silent for a while, so that everyone could fully understand the meaning behind the data.

"These data fully prove the huge market space of B2C and C2C for e-commerce. This year's data will definitely be more brilliant, but what about JD.com itself?

As of this month, JD.com had a total revenue of 2.1 billion.

At this rate, by the end of the year, we will be about 2.9 billion in size.

Such a scale is excellent, but what about market share?

In terms of B2C and C2C statistics, we only account for less than 10%, or even less.

If we include the B2B aspect, we are not even 1%!

Do we have reason to be proud?

The answer is yes, we have no reason to be proud! "

Ren Deshan is extremely courageous, as can be seen from the tone of his speech.

He listed the data, and compared with the current results of JD.com, he can indeed find that JD.com is too small.

"To put it simply, as of the beginning of this month, Taobao, a friend of business, has sold 12 billion yuan! Although the model is different, the data is still six times that of ours! So, we have to work hard!"

"There are more than one billion people across the country, our market has not been fully tapped, and the future market is even broader, so we need to base ourselves on the present and focus on the future."

Ren Deshan's words made everyone think again.

And Feng Hao looked at Liu Qiangdong and Ren Deshan, the Jingdong team with surprise.

Previously, they were limited and not fully aware of the content.

Now, they are growing up, understanding the e-commerce market and how to develop it.

There was a reason why JD.com could rise in the previous life. Because Jingdong has a large number of team members and a strong vision.

Now you can guess what the future will look like, and roughly know the vastness of the market.

Of course, their goals are also very lofty.

clap clap clap!

After Ren Deshan finished speaking, Feng Hao took the lead and clapped his palms.

"Vice President Ren is right. There are definitely deficiencies in the development of our JD.com, and we still need a lot of improvement! Everyone needs to work together."

Feng Hao immediately encouraged Ren Deshan, and pointed out that JD.com does have such shortcomings.

"Thank you Mr. Feng, we will definitely work hard. Next, let me explain the improvement plan."

Ren Deshan first thanked Feng Hao for his appreciation, and then began to announce JD.com's new plan: "Later, we will add new improvement plans on the basis of the current one.

First, the expansion of the commodity line, the sales products are no longer the previous single product and clothing;

Second, the supplement of logistics warehouses, on the basis of the original, expands out of the capital of Tianfu and the two logistics centers in central China;

Third, establish flagship stores, which are specially provided to large-scale merchants and enterprises to guide their entry. "

At present, Kyoto has only started in electrical appliances and clothing, and products are relatively lacking.

After all, the rival Taobao has passed the all-round department store, and you can find Taobao when you buy anything. There is nothing you can't buy!

Ren Deshan explained the corresponding plan in detail, and then sat down. What he should say and what should be arranged has been done.

As for whether this plan can finally be passed and implemented, it actually depends on the next discussion.

After all, these new plans and new actions require a lot of financial support.

At present, JD.com's revenue and expenses are only enough to maintain normal development, and it is impossible to speed up.

JD.com's lack of funds is the crux of the problem.

"Thank you, Vice President Ren, for explaining the detailed plan to us. Now we have reached the key point, the funding issue."

Speaking of this, Liu Qiangdong paused for a while, and set his eyes on Feng Hao: "Mr. Feng, you can help solve this problem."

"Okay, let's discuss it together."

In fact, Liu Qiangdong has had preliminary negotiations with Feng Hao and basically reached a consensus.

All that's left is to get all executives and shareholders to agree, and the best outcome is that they all agree.

In fact, even if you don't agree, it can be executed with Feng Hao's major shareholder power, but the effect may not be so good.

"Okay, Mr. Feng, our idea is to raise funds. On the one hand, we can obtain development funds to spend on the implementation of our plan; on the other hand, we can obtain corresponding support, including technical support, cooperation support, and so on."

Liu Qiangdong smiled and explained to everyone that financing is nothing more than for money or for relationships. Of course both are the best.

"Tell me about the specific financing plan."

One of the shareholder representatives frowned and asked.

He holds 0.5% of the shares in his hand. This year, JD.com wanted to reclaim the shares, but he did not agree.

Because he doesn't care about the money, even if Jingdong goes bankrupt, it doesn't matter.

Now he is very fortunate that he did not sell it at the beginning. The 0.5% of the shares are already worth 15 million, a hundred or two times!

If JD.com raises financing again, the shares in its hands may be diluted, but the value will definitely be more.

"Okay, the current market value of JD.com exceeds 3 billion. If we raise financing, our valuation will be at least 6 billion. This is the bottom line."

Liu Qiangdong is full of confidence at this moment. Even if JD.com is only worth 3 billion now, investment banks and funds must accept JD.com's lions if they want to enter the market.

Because of the development of Jingdong, it is definitely enough to support this part of the market value.

Maybe by the end of the year, JD.com will have a market value of 6 billion, 10 billion, and more in the future!

JD.com has grown from 20 million to 3 billion this year. This is the madness of JD.com, which is enough to prove a lot.

"Secondly, we sold 16% of the shares and raised one billion yuan."

Liu Qiangdong finally threw out the financing conditions of Jingdong, which was very strong.

"I have no problem, but I would suggest raising capital early next year."

Since Liu Qiangdong had discussed with Feng Hao before, he should come down immediately.

However, at this time, he does not plan to raise funds so quickly for the time being. Because Jingdong still has a wave of development opportunities, he is not bad to sell the shares of Jingdong cheaply.

"President Feng, what do you mean?"

When Liu Qiangdong heard Feng Hao's words, he was immediately puzzled.

Didn't we negotiate well?

The financing conference will be held at the beginning of next month, and contact the investment bank!

Feng Hao's face suddenly turned, and Liu Qiangdong frowned.

"First borrow 300 million from the bank, as the capital for JD.com to expand the market, and wait until next year to raise financing. Next, JD.com needs to carry out another activity, and the market value will definitely rise sharply by then."

Feng Hao explained lightly, Double Eleven!

In a previous life, an important shopping festival, he wanted to use this special festival.

At this time, Ali is only close to 10 billion US dollars, and Taobao's share in it is valued at 2 to 3 billion US dollars.

Jingdong financing will definitely be carried out, but Feng Hao does not want to sell his shares so cheaply.

"Mr. Feng, do you mean that we will have another activity like 618?"

Liu Qiangdong hesitated for a moment and asked suspiciously.

"Yes, it must be good for us. Everyone doesn't want to finance so cheaply, right?"

Looking at the expressions of everyone, Feng Hao smiled lightly.

"This is natural, let's do it according to President Feng's wishes."

Liu Qiangdong hesitated for a while, then nodded in response.

Seeing that the major shareholder and the general manager have made such a decision, of course everyone has no opinion.

Liu Qiangdong was a little worried at this time, Mr. Feng had so many ideas, and he paid a lot of attention to innovation.

But he likes it!

So, Liu Qiangdong asked, "Mr. Feng, how about you introduce this event?"

"Okay, November 11th, Double Eleven, have you heard of it? Singles' Day on the Internet is just a year ago, and everyone can shop properly."

Feng Hao explained with a smile that Singles' Day has just become popular, and of course this is only on the Internet.

Although Ren Deshan is more able to follow the trend and keep up with the pace of the times. It is still relatively unfamiliar to the noun of the Internet.

Regarding the shopping festival proposed by Feng Hao, he remained skeptical: "Is there such a festival? Mr. Feng, is this okay?"

Feng Hao shook it and said with a smile, "Actually, it doesn't matter what day this kind of festival is, we just use this name to make a big promotion."

The crowd suddenly came to their senses, it turned out to be the case.

And Mo Xiaolan looked at Feng Hao's attitude, quite surprised, the boss is still amazing!

Thinking of this, she quickly recorded these words.

This is the boss's classic directory. One day she will stop being a secretary, and maybe she will be able to write a celebrity biography.

And that's the best material!

Feng Hao stayed in JD.com for a whole day, after which he rushed to Zhaoyi Innovation Technology.

Li Qi is of course very welcome to Feng Hao's arrival.

GigaDevice is now developing rapidly and has become a domestic flash memory giant, and even sells its products overseas.

"President Feng, welcome to the company."

Xia Youyou, a lively and active girl, is now following Li Qi and others to welcome Feng Hao.

"Okay, our offices have gotten so big?"

Feng Hao looked at the large front desk and the wide working area and asked Xia Youyou.

"Yes, Mr. Feng, we changed the company's office address this year, which is why it is so big."

"That's good, and it's proof that the company has grown enough."

"Yes, think about our past, a group of people huddled in the office area of ​​100 square meters."

"Yes, Zhaoyi's innovative technology is developing rapidly."

Feng Hao is very pleased with the development of Zhaoyi Innovation.

This is just a flash memory company that he participated in casually, and he did not expect to have developed into such a large enterprise.

Not only the products sell well, but also the related technologies have accumulated a lot, and they have even applied for related patents at home and abroad.

For Zhaoyi Innovation Technology, Feng Hao did not have too many ideas and arrangements.

Li Qi and they have done very well. They focus on flash memory and memory products, and strive to make product innovation and technological innovation the best.

Coming out of Zhaoyi Innovation Technology, Feng Hao immediately looked forward to the arrival of tomorrow.

Next, it's the Internet Conference!

This will be an industry leader!