Through the wealth life

Chapter 1373 Suppression of AL
At the meeting, Wang Qian, who is in charge of the Internet industry of the Li's consortium, said: "Due to some situations in the past two years, our Fetion, Lebao, Qiandu and other companies have greatly reduced their market in the mainland. The market is dominated by companies such as TX, ALBB, SH, WY, and XL.

I suggest taking advantage of the subprime mortgage crisis to acquire a large number of shares in these companies in the stock market, so that we can secretly benefit the most. "

At the beginning, Wang Qian was quite unconvinced when she chose to give up the mainland market. For this reason, Li Guangyu was specially asked to make some moves to express the Li's consortium's dissatisfaction with her.

It's a pity that Li Guangyu didn't get any good news from here. Instead, he asked her to give up the mainland Internet market and focus on Southeast Asia, the Commonwealth, Western and Eastern Europe, and East Africa.

As a result, the shares of many Internet companies under Li's company, which once occupied most of the Internet market in the mainland, were quickly taken over by several major Internet companies in the mainland.

Fortunately, the biggest beneficiaries behind these companies are still Li's consortium, and they feel better.

Li Songtao naturally understands the reason why the Internet industry has such a situation in the mainland market. The main reason is public opinion. The Li's consortium occupies too much share. People feel threatened, that's why this happens.

Li Songtao knew that Li Guangyu had anticipated this day a long time ago, otherwise he would not have focused on investing in some Internet companies in the Mainland. At that time, there was no comparison between the Internet companies in the Mainland and those owned by the Li's consortium.

He is very much in favor of the proposal of his aunt (Wang Qian, Li Songtao is called Auntie). The Internet industry is developing at a high speed. Although the market value of Internet companies has declined to a certain extent due to the impact of the subprime mortgage crisis, he believes that after this crisis, , the market value of the Internet industry will soar even higher.

Li Songtao said: "In this regard, the investment company will make arrangements, focusing on acquiring the shares of several major Internet companies in the Mainland, and we can also choose to buy back some of our own company's shares."

Liu Xiaohui, president of Lebao Group, said: "Aiming at the Internet industry in the Mainland, we need to take a crackdown on individual companies, such as ALBB. The payment software they produced actually established a company independently. This thing has nothing to do with us. I think there is something wrong with it." It is necessary to let the person in charge of this company know that we are not a shantang here.”

It has been more than seven years since she married into the Li family. Not only did she give birth to two sons and a daughter for Li Songtao, she also became the president of Lebao Group. Although she is not the executive officer of the Li's consortium, her influence is not small at all.

Liu Xiaohui was quite annoyed by ALBB's actions. It was obviously using the company's resources for private work and completely ignoring shareholders like them.

The most important thing is that their Lebao payment will also withdraw from the mainland market from October. In this way, the online payment software established by the helm of ALBB is bound to rise.

Liu Xiaohui absolutely cannot accept that Li's consortium cannot enjoy the benefits inside. This time, she must teach ALBB a profound lesson to prevent other companies from doing the same.

In the past, the mainland Internet market was dominated by Internet companies under Li's, and mainland Internet companies were also attached to these companies.

No matter ALBB or TX and SH, they do not have their own independent payment software, they all use Lebao Pay or Fetion Pay.

Since Li's Internet industry has been withdrawing from the mainland market and some companies have expanded rapidly, they have become more concerned.

Liu Xiaohui won’t be angry if it’s just to build a payment software and let it belong to the group. ALBB has gone too far this time. ZFB and ALBB don’t have a dime relationship, and Li’s consortium can’t get a dime from ZFB. profits.

This time, more than one person was dissatisfied with ALBB. Rong Daiyu, president of Fetion Group, also said: "This time ALBB is indeed a bit overdone. If mainland Internet companies are doing this, we invest in them and help them develop, just to cultivate superciliousness." Wolf, this time we must teach them a lesson they will never forget."

Li Yanhong, president of Qiandu, He Qian, president of Suzaku Group, Liu Weifang, president of Hengyu Supermarket Group, Li Yibo, president of South China Electrical Appliances Chain Group, and Le Yiling, president of Xiangyu Culture Group, all spoke, expressing that they would suppress them and teach them a lesson.

Li Songtao also needed someone to stand up to, and this time ALBB happened to hit him, so he would naturally not be polite to him. If the Li Consortium can support it, it can suppress it.

He said aloud: "This time not only to suppress ALBB, but also to contact TX, SH, and WY. Each of the three groups has become an online payment software company. The shares are controlled by their respective groups. We will assist in the technology. When the time comes, a large-scale Promote."

Lebao Payment and Fetion Payment are about to withdraw from the mainland market, and Li Songtao also needs to find a new payment software to replace the two major payment software markets.

If he wants to get rid of the Li consortium and do it alone, Li Songtao will definitely suppress it to the end, and will never let him have too much room for survival.

This time, it’s not just the suppression of payment software. At the same time, Li Songtao also discussed to increase cooperation with JD, increase investment in JD, promote its rapid development, and strive to be on an equal footing with ALBB or even surpass ALBB within two to three years. market share.

At this time, the helm of ALBB in Hangzhou did not know that a huge crisis was coming. He and the group's senior management were very happy for more than a year. opponent.

Although the two major online shopping platforms, Hengyu Supermarket Group and South China Electric Appliances Chain Group, are still the two overlords in the mainland online shopping market, he is confident that he will lead ALBB to exceed the market share of these two online shopping platforms in the mainland.

After all, these two companies are restricted. They can only sell their own products and cannot attract third parties to settle in. Whether it is the online shopping platform of Hengyu Supermarket or the online shopping platform of South China Electric Chain Group, there is only one seller, and that is themselves.

But my own side is different. Without Lebao in the mainland market, he has the most sellers on the ALBB platform. As time goes by, it will only become bigger and bigger in the future.

As early as many years ago, they knew that there would be such a day. After all, no matter how good companies such as Lebao, Fetion, and Qiandu are, they are not mainland enterprises and will inevitably be subject to many restrictions.

In the past two years, not only the Internet companies under the Lee consortium have withdrawn from the mainland market, but also Google, Yahoo, Amazon, Twitter, Facebook, etc. in the United States have also chosen to withdraw from the mainland market.

The past two years have been a golden period for the development of Internet companies in the Mainland. Due to the withdrawal of many external Internet companies, a large market has been vacated for them to occupy.

As the helm of an Internet company with ideals and aspirations, whether it is him or the heads of several other major companies, they will act first and try to grab as much market share as possible.

He also developed the payment software to seize the market after Lebao Pay and Fetion Pay left. This is a huge profit point, how could he let it go.

And he very cleverly avoided many terms that violated the law, so that this payment software company does not have to become a subsidiary of the group, and he does not need to give the profits to the shareholders behind the group.

……

(End of this chapter)