Chapter 477
Wang Gang never knew about the Qu family and the Yao family investing in Wei Wei. When he found out, it was Tan Zongming who told him.

Tan Zongming has been investigating Wei Wei's company, and knows everything about the investor he is looking for.

The acquisition of Red Star is a big project, and it is impossible to complete it with Wei Wei's financial resources. He can only solicit investment everywhere.

The Qu family and the Yao family are not considered top-notch wealthy families in Shanghai, and their assets are only about one billion yuan. If a family spends 5000 million yuan, it is considered a big deal. It is impossible that there will be no rumors.

The Yao family, in particular, lost a lot of money when Wang Gang blocked it in the stock market, and later sold [-] shops to Wang Gang at a low price. It can be said that the loss was heavy. They relied on Wei Wei's project to make money and stabilize the stock price, so the Yao family invested in the Red Star acquisition plan. Very high profile.

"This Qu Xiaoxiao, I don't know if he will say anything about such a big investment in Wei Wei." Wang Gang picked up the phone dissatisfied and called Qu Xiaoxiao.

"Brother Bai, what do you want from me?"

"Don't touch the Red Star acquisition case." Wang Gang said directly.

Qu Xiaoxiao was startled, thinking that Wang Gang came to Xingshi to inquire about the crime.

"Brother Bai, investing in Weiwei was my father's decision. It was all instigated by my half-brother Qu Lianjie. I didn't know it beforehand." Qu Xiaoxiao didn't want to offend Wang Gang, so she could only push the blame.

"Don't you know how Wei Wei's acquisition came about?" Wang Gang said angrily, "Have you considered the feelings of Mr. Tan and Andy when you invest in him?"

"Brother Bai, I really can't pay attention. You know my situation. My father is in charge of the family." Qu Xiaoxiao said pitifully.

"Okay, let me remind you kindly, Wei Wei is not trustworthy, be careful of being tricked." Wang Gang said.

Seeing Wang Gang hang up the phone directly, Tan Zongming and Andy shook their heads.

"Xiao Qu doesn't listen to persuasion?" Andy asked.

"As a friend, we have reminded her that if she doesn't listen, she will have to bear the losses herself." Wang Gang said coldly.

Andy nodded helplessly. She actually reminded Qu Xiaoxiao, but unfortunately it didn't work.

As she said, it was not Qu's turn to make up her mind, and once Qu's father was sure, no one could stop him.

Tan Zongming said with a smile: "As friends, you have done your best, and we will depend on Xiaoqu's luck in the future."

The three of them stopped talking about Qu Xiaoxiao.

"Ruixin Coffee has already established a reputation in Shanghai, and I'm going to enter Jiangsu Province." Wang Gang said to Andy: "Can the company's finances support it?"

Andy nodded and said: "Don't worry, there is still money in the account, but if we open another [-] branches, the company's current funds will not last for three months."

"I will pay again. You asked Fan Shengmei to start recruiting and training. I want to ensure that every store has a store manager and two store assistants when it opens." Wang Gang said.

Tan Zongming was puzzled and said, "Are you really planning to lose [-] million in such crazy expansion?"

Wang Gang took out a document from the drawer and threw it to Tan Zongming.

"Ruixin Coffee's online registered users have exceeded [-]."

Tan Zongming was taken aback for a moment, quickly picked up the document and looked at it, and couldn't help saying: "Breakthrough [-] so quickly?"

Wang Gang chuckled and said, "I also underestimated the coffee-loving group in Shanghai, and it turns out that the low-price strategy is very successful."

Tan Zongming put down the documents and asked: "Your first financing must be handed over to our Shengxuan Group."

Wang Gang shook his head and said, "There is no rush for financing. I will not consider financing until the number of users exceeds 500 million and the valuation exceeds one billion."

The [-] branches of Ruixin Coffee have only opened for one month, and the number of registered users who have downloaded the APP has exceeded [-]. For an Internet company, it is simply a miracle.

Of course, behind this miracle is the result of many reasons.

First, Wang Gang advertised for a month without paying attention to the cost. Every bus station and subway station has a billboard for Ruixin Coffee.

Second, the discount of Ruixin Coffee is too high. A cup of coffee costs less than five yuan, and everyone can afford it.

Third, the quality of the coffee itself is good, the taste is no worse than that of Simbucks, but the price is less than one-fifth, and word of mouth is slowly fermenting.

Fourth, with the advent of the era of mobile Internet in China, smart phones are slowly becoming popular.

Four reasons made Wang Gang stand in the wind, and he couldn't even think about taking off.

"Ruixin Coffee's word of mouth is slowly coming out, can the discount be slowed down?" Andy asked.

Wang Gang agreed: "The discount will naturally need to be adjusted, so let the technical department change the way discount coupons are distributed.

In the future, the discount for new users will remain unchanged. Every time an old user introduces a new customer, they will receive an 8.8% off coupon, two 7.8% off coupons, three 6.8% off, four 5.8% off, five 4.8% off, six 3.8% off, seven 2.8% off, eight 1.8% off, nine 0.8% off. "

"0.8% off?!" Andy said in surprise, "You can give it away for nothing."

Wang Gang smiled and said, "That's right, if you introduce ten clients, you'll get a cup of coffee for free."

Tan Zongming had to admire Wang Gang's courage. This method of attracting customers regardless of cost is not something ordinary people can do.

"If you do this, the number of users will soon exceed 500 million. Many Internet companies will notice Ruixin Coffee, and I am afraid that it will not be our turn to raise funds." Tan Zongming sighed.

"That's right, I just want to be quick, and seize the market first before those big manufacturers react."

Tan Zongming suddenly realized and understood Wang Gang's purpose.

"Do you want to attract big companies to buy?" Tan Zongming asked: "Penguin or Ali."

Wang Gang shook his head and said, "No decision yet."

There are only two paths for the development of Internet companies.

The first is to start a business and attract investment, increase the number of users as much as possible, attract venture capital, and go public after three rounds of financing to collect money.

Large domestic companies such as Penguin and Ali all follow this model, and are now leaders in the domestic Internet industry.

The early stage of the second road is similar to the first one, it is to seize the market first and increase the number of users, but there are some changes when financing.

There is a characteristic of large domestic manufacturers, that is, whichever small company they are interested in, they will start to imitate it if they feel that it has development prospects, make competing products, and expand their product lines.

With the advantage of its large number of users, it competes with small companies for the market and drives them to death.

But if you can't win the small company, the big factory will choose to buy it.

Tan Zongming thinks that Wang Gang's crazy expansion is just to grab the market and let the big factories give up imitation and buy instead.

"Are you still going to hide behind the scenes now? Generally, the bosses of Internet companies will hold press conferences to increase the company's popularity. Increased popularity also means more users." Tan Zongming asked.

"Now is not the time." Wang Gang said: "I will go to the stage when the number of Ruixin Coffee users exceeds 500 million."

Wang Gang has his own considerations. Ruixin Coffee is still in its infancy. It is too early to step out of the stage, and it is easy to attract people's attention. After the layout is rolled out, everything is a foregone conclusion, and it is time for Wang Gang to step out.

"You can do whatever you want! I can see that, the number of users is less than 500 million, and you plan to hide and grow up in a wretched way." Tan Zongming sighed.

"What you said is ugly, can't you describe it as making a fortune in a muffled voice?" Wang Gang said angrily.

All three laughed.

"I still have a project now, are you interested in participating?" Wang Gang smiled.

"One Ruixin coffee is not enough, what are you going to do?" Tan Zongming asked puzzled.

Wang Gang took out a plan that he had written long ago.

Tan Zongming just glanced at it for a while, and was deeply attracted.

"E-commerce live broadcast?"

Another project of Wang Gang is live streaming.

"With the popularization of 4G networks in China, smartphones have entered thousands of households, online shopping has risen, and traditional online shopping methods will also change." Wang Gang explained: "In the future, mobile video will dominate."

Tan Zongming put down the plan and said, "Your new project is much bigger than Ruixin Coffee."

Wang Gang nodded and said: "E-commerce live broadcasts are too easy to be imitated, especially those big manufacturers. Once they smell it, competing products will appear soon, so the competition will be more intense."

"The risk of this project is not small." Tan Zongming frowned.

"But the benefits of success are greater than Ruixin Coffee!" Wang Gang said: "If you are interested, let's do it together."

Tan Zongming thought about it for a long time this time, but he still hasn't made up his mind.

E-commerce live broadcasting is different from Ruixin Coffee. After all, Simbuck’s success comes first, and Tan Zongming can easily see the future.

But now e-commerce live broadcasting is still very advanced, and no one does it at all. Even if Tan Zongming believes in Wang Gang's vision, he still has reasons to convince the board of directors.

"I'll take your plan home and study it." Tan Zongming said.

Seeing that Tan Zongming could not make up his mind, Wang Gang was going to add fire.

"E-commerce live streaming is only the first step. My goal is to build the first short video platform in China."

Wang Gang thought of Douyin from later generations.

With his advanced vision, Tan Zongming's financial resources, and Andy's professionalism, there is no reason why he can't make a Douyin.

(End of this chapter)

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