The diva and I cross each other

Afterwards, Luo Ming and Lin Shuwen entertained some more important guests.

Seeing that the time was almost up, Li Yan took the guests who had not left yet to have dinner. With Rong Mu and other people from Zhaoguang Technology accompanying them, Luo Ming and Lin Shuwen naturally didn't need to go with them.

After a busy day, Luo Ming and Lin Shuwen were exhausted both physically and mentally. They returned home, simply washed up and went to bed.

The next day, October 10th, was a new week. This week Luo Ming and Lin Shuwen were in an interpenetrating state.

Luo Ming, who was playing as a female singer, boarded a private plane early in the morning and flew to Sichuan to prepare for the concert this Saturday.

Lin Shuwen, who was playing as a male player, went to Zhuoguang Technology.

The preparatory team for the PlayerUnknown's Battlegrounds League at Zhuoguang Technology is led by Xu Jiale, who was brought up by Zhao Ningyuan.

Penguin has transferred an experienced vice president from Fuji Electric to be responsible for setting up the PlayerUnknown's Battlegrounds League.

The two parties formally met at the new headquarters of Zhuoguang Technology to discuss the subsequent establishment of the PlayerUnknown's Battlegrounds League.

Lin Shuwen did not pay any attention to the follow-up of this incident. There was nothing happening in the company recently, so she was in a mess for two days on Monday and Tuesday. On Wednesday morning, Lin Shuwen used the administrator's privileges to allow the two souls to return to their places temporarily. Then Luo Ming took his secretary Li Yan to Pinduoduo's headquarters in Shanghai.

When Luo Ming and Li Yan arrived, they happened to meet Mr. Li and his assistant coming in.

"Mr. Luo, long time no see!" Mr. Li greeted Luo Ming with a smile.

Luo Ming smiled and nodded, "It's been a long time since we last met. Judging from Mr. Li's appearance, the company has been developing smoothly recently, right?"

Mr. Li smiled even more when he heard this. With the support of the big data algorithm of Zhuoguang Technology, Baidu built an AI big model based on its own AI technology. With the help of the AI ​​big model, Baidu upgraded the push mechanism of the search engine and Tieba, and successfully stabilized Baidu's basic market.

In addition, the number of Pinduoduo's registered users has recently exceeded one million. With all the good things adding up, it is hard for Mr. Li not to be happy.

After a round of greetings, the two sides came to the meeting room.

There were only three people in the conference room at that time, namely Pinduoduo's CEO Hui Haifeng, CTO Cen Tonghui, and CFO Guan Man sent by Zhuoguang Technology.

Guan Man was one of the first financial personnel under Rong Mu. He also served as the financial director of the crew during the filming of "Charlotte's Troubles". Now he has been promoted and given a raise.

Two of these three people are from Baidu, and Guan Man is from Zhuoguang Technology.

In fact, Zhuoguang Technology is mainly responsible for Pinduoduo's big data algorithm recommendation, and should have sent a CTO over. This was indeed the case at the beginning. Zhuoguang Technology directly sent a technical team to be responsible for the relevant technology.

But later, Baidu felt that the recommendation algorithm should be managed by Baidu. After all, Pinduoduo is operated by Baidu, and Baidu can respond as soon as possible to any subsequent technical adjustments.

As long as Zhuoguang Technology ensures that the accounts are correct, the two parties will not have any disputes over financial matters.

So Baidu sent a CTO to take over the technical team sent by Zhuoguang Technology, and at the same time removed its own CFO and asked Zhuoguang Technology to send someone over.

So Guan Man was sent over. Now Pinduoduo’s financial department is half staffed by Zhuoguang and half by Baidu, and Guan Man is responsible for unified management.

These three people form the power core of Pinduoduo, and the company is expanding little by little under their leadership.

The reason why Mr. Li suddenly called Luo Ming to the meeting today was because of the 618 event some time ago. As we all know, the two biggest carnivals of major e-commerce platforms every year are 618 and Double 11.

In the past few years, during the carnivals on these two e-commerce platforms, users were able to get some discounts.

But this year's 618 is different from previous years, especially on Taobao. Taobao's discounts have turned into a mess of coupons. If you want to save the most money, you have to use a computer to click buttons.

What’s even more outrageous is that many users have found that the items on 618 don’t seem to be much cheaper.

Some stores have even raised their prices. After using the coupons, the prices are almost the same as before 618, or even more expensive. This has caused many netizens to cry out that they have been cheated.

But now the Internet, especially the e-commerce industry, is still in its growth period. Although there are many complaints from netizens, in fact, the turnover is still rising steadily.

Seeing such high sales, Alibaba simply ignored the complaints from netizens.

A week after the end of 618, Mr. Li received a call from Hui Haifeng, who excitedly reported a good news to Mr. Li on the other end of the phone.

"Mr. Li, more and more netizens are complaining that things on Taobao are too expensive, and merchants on Taobao are also saying that they can't make any money. Here comes our opportunity, Pinduoduo."

Mr. Li's eyes lit up when he heard this. Has Pinduoduo finally got the opportunity after lying dormant for so long?
But Mr. Li is also a seasoned veteran in the business world, and he did not disrupt his plans because of Hui Haifeng's words.

He first comforted Hui Haifeng, then observed carefully for more than two months, and finally confirmed that what Hui Haifeng said was true.

Alibaba’s turnover increased during the 618 shopping festival, but its popularity and reputation declined among both merchants and users.

On the other hand, Pinduoduo, which previously operated as a vertical e-commerce company for fruits and vegetables, has already accumulated a number of users. After the 618 shopping event, Pinduoduo also took the opportunity to introduce some high-quality small commodities, focusing on the high quality and low price.

In this way, Pinduoduo formed a sharp contrast with Taobao. At the beginning of this month, the number of registered users of Pinduoduo exceeded one million.

The number "million" is actually quite sensitive. Mr. Li feels that Pinduoduo needs to transform immediately at this stage. If it continues to focus on vertical e-commerce of fruits and vegetables, its image will probably be fixed in the minds of users.

This makes users think that Pinduoduo is just a platform for selling fruits and vegetables.

In addition, Double 11 is coming soon, and we can take advantage of this time to attract more customers.

This is how this meeting came about.

After listening to Mr. Li's words, Luo Ming thought for a while and said, "This opportunity is indeed good now, but Mr. Li, how many products have been connected to the supply system of Pinduoduo at this stage? Don't start the transformation and find that there are not many products. That would be embarrassing."

The problem that Luo Ming mentioned is Pinduoduo's ultimate core competitiveness besides traffic support.

The essence of Pinduoduo is to connect OEM factories that have no channels but strong production capabilities and hundreds of millions of ordinary people who have extremely high requirements for shopping cost-effectiveness.

To put it bluntly, it is to cut out middlemen as much as possible and connect users and manufacturers, and Pinduoduo is the only middleman that earns the price difference.

Therefore, in the early stages of Pinduoduo's development, it was very important to find suppliers who could provide high-quality and low-priced products while ensuring quality.

This is also the main expansion direction of the Pinduoduo team in the recent period, including but not limited to persuading merchant teams to enter Pinduoduo and snatching merchants from Taobao. (End of this chapter)