When I am reborn, I just want to be a top student

Tangdu.

Galaxy Technology’s headquarters building has not yet been officially put into use, so Galaxy Technology currently has several work locations in Tangdu.

The headquarters is located in the center of Tang City.

At this time, in the A01 conference room of the headquarters.

Wang Donglai sat in the main seat, his eyes sweeping across everyone's faces.

Both sides of the long conference table were filled with senior executives and heads of some important departments.

The reason for holding this meeting is very simple, that is, the sanctions imposed by the Bald Eagle Federation this time will have a great impact on Galaxy Technology.

Although Galaxy Technology has not deliberately explored overseas markets, a large amount of profits come from overseas.

This sudden attack from the Bald Eagle Federation naturally affected these overseas profits.

It also caused some people to feel uneasy and uneasy within the group.

Therefore, this meeting to stabilize the military morale is naturally very important.

Wang Donglai glanced at the crowd and didn't see any nervousness among the executives who appeared here. He was satisfied and directly pointed to Zhang Yibyte and said, "Zhang Yibyte, please report on your work first."

"Chairman, I am currently working on three projects, namely Neihan, Toutiao, and Douyin. Neihan has more than 400 million registered users, including more than 21 million monthly active users, which is the highest among similar applications. The second-placed Baisibudejie has only 3 million."

"Toutiao's highest monthly active user data was during the Spring Festival, reaching a terrifying 600 million monthly active users. It is also among the top three in terms of downloads in domestic app stores. This record has been maintained for 17 consecutive months."

"Although Douyin is a short video platform software that we just launched, its development speed is even faster than Toutiao and Neihan. As of now, Douyin has 500 million registered users."

“Although the number of registered users is not as high as Toutiao and Neihan, Douyin’s average daily activation times and daily active users are the highest among the three, and its conversion rate has reached a terrifying one-to-one ratio.”

“We can confidently say that every user who downloads and registers an account with us is a loyal customer of our product.”

"Yesterday, Douyin's average daily active users reached 180 million. Last month, the monthly active users exceeded 400 million. Based on the speed of development, this month will surely exceed 500 million, and there is hope that it will even reach 600 million."

"This is an achievement, but at the same time we are also facing the ban on penguins."

"Our links have always been blocked on WeChat and Moments."

"If we can lift the ban on Penguin, I believe we can increase this data by at least 50%."

"At the same time, we are also developing an instant messaging application internally, and we are ready to build our own instant messaging tool based on our huge number of users and user stickiness."

Zhang Bytedance is indeed the man who was able to develop Toutiao in his previous life.

In this life, with the prophet Wang Donglai putting the correct answer in front of Zhang Yimou, the development speed of major products far exceeded that of the previous life.

The data reported by Zhang Bytedance did not involve the company's confidential information.

For example, the cost of attracting new users, how much money will be spent on monthly video incentives, how much advertising revenue will be generated each month, etc.

However, the people present are not fools.

From this terrifying user data, we can roughly judge the value of these three products.

“Unless we open up investment and allow Penguin to become a shareholder, there is no way the ban on Penguin can be lifted.”

“As for messaging apps, this is a good approach.”

"However, in the current market, Penguin has QQ in one hand and WeChat in the other. Looking at the instant messaging field, it really has no rivals."

“It’s not a good option for us to rush in.”

Hearing this, Zhang Yitu's face turned a little ugly.

It was he who decided to develop a new instant communication application tool.

As the person in charge of this area, he still has this authority.

As a result, Wang Donglai's evaluation here was naturally equivalent to a slap in the face to him.

However, Wang Donglai continued speaking.

"In the traditional instant messaging model, Penguin has already taken too big an advantage. It is too difficult and costly to snatch this profit from Penguin."

"We can completely change our approach and use our advantages to build our moat."

"Zhang Byte, the instant messaging software you are developing needs to be modified to be able to connect to our white appliances and be suitable for domestic smartphones. Make the instant messaging software a basic communication logic module."

"I will send you the specific requirements later. Are they difficult?"

Wang Donglai looked at Zhang Yibyte and asked.

When Wang Dong mentioned the basic communication logic module, a hint of thought flashed in Zhang Byte's eyes.

Just a few words seemed to have magical power, causing all kinds of speculations to emerge in Zhang Yibyte's mind.

After coming back to his senses, Zhang Yi said with certainty: "Chairman, no problem, I guarantee to complete the task!"

"Ok!"

Wang Donglai nodded and looked at Huang Zheng.

"Chairman, there are currently 4 million active buyers of Pinyidao, an increase of 2.47 million over the same period last year."

"The number of monthly active users of the platform's mobile client reached 2.4 million, an increase of 147% over the same period last year."

"Last year, the platform's GMV reached 2168 billion. Although only a few months have passed this year, the total has exceeded billion. According to estimates, this year's data will exceed billion."

"Last year, the total number of orders reached 50 billion, with an average of 1369 million orders per day. As of this year's data, our order volume has reached 170 billion, and the annual number should exceed billion."

"If we look at the volume of express parcels handled, one out of every parcel produced comes from us."

"Last year, the average annual spending of active buyers on the platform was 648 yuan, and the average annual orders were 18. Based on the data from the past few months this year, we estimate that the average annual spending this year will reach about 28 yuan, and the average order will also increase to about ."

"As we continue to penetrate the rural market, the online shopping demand we discover will continue to drive the growth of our Pinyidao business."

“Finally, it’s our revenue situation.”

"Last year, our full-year revenue was 6.42 million, but this year, in just a few months, we pushed our revenue to 18 billion."

"Because of our unique operating model, our profit margins are much lower than those of our peers. In addition, due to the significant increase in traffic, the platform's bandwidth and server costs have increased sixfold from the original level. In addition, the call center support costs for user merchants and consumer services have also increased significantly."

"Based on our huge user base and high activity, our platform has attracted a large number of active merchants. The scale effect of the platform has prompted merchants to further lower prices and provide more customized products and services, forming a virtuous circle."

"According to internal estimates, the number of our active merchants may reach 59 million by the end of the year, which will create a large number of social employment opportunities while providing consumers with a wide range of rich commodities." "In the past year, we have helped farmers sell a total of 314 billion kilograms of agricultural products, with a total transaction volume of billion yuan, making us one of the largest platforms for agricultural products in China."

"For the subsequent development of Pinyidao, I have initially planned to launch a 'new brand plan' to support 1000 brand factories covering various industries, help them cultivate new brands at the lowest cost, and complete transparent production and data integration. This plan will effectively help a large number of domestic manufacturing companies that have switched from exporting to domestic sales to transform and upgrade, and help them create brands at the lowest cost and directly reach and serve consumers."

When Huang Zheng was reporting these situations, a look of confidence in his own achievements appeared on his face.

indeed!

In Huang Zheng's hands, Pinyidao has developed so fast under the pressure of many domestic vertical e-commerce platforms such as Taotian Group and JD.com, and its ability is unquestionable.

The market value of Pin Yidao alone has reached as much as 150 billion in the capital market.

This is because a large number of shares are held by Wang Donglai, so the price was deliberately lowered by capital institutions.

Everyone can see the speed of Pinyidao's development.

If it continues to develop at a normal speed, it will probably not be far behind, let alone surpassing Taotian Group.

The other people present couldn't help but show a hint of admiration in their eyes when they looked at Huang Zheng.

Among many senior executives, Huang Zheng is the only one who has a direct ideological conflict with Wang Donglai.

If it were in other companies, Huang Zheng would have been fired long ago.

But Wang Donglai did not do so. Instead, he kept Huang Zheng and divided the shares among them later.

At this time, with the development of Pin Yidao, everyone had to admire Wang Donglai's sharp vision.

"Huang Zheng, I have an idea for the development of Pin Yidao."

"We are all senior executives of the group, so I won't hide it from you."

"This year, next year, or even the year after, I don't plan to make money from fighting."

“All profits earned must be spent, and nothing can be retained.”

When Wang Dong said this, everyone present was stunned.

You should know that at Pinyidao's development speed, the profits created will be higher every year.

That's not a small number like 100 or 200 million. If accumulated over three years, it must be at least tens of billions.

Moreover, Wang Donglai’s operating model for Pinyidao has always been different from that of others.

Therefore, all the profits will most likely be spent on employee welfare expenses or on concessions to users.

Just as everyone was thinking this.

"Huang Zheng, you just said that one out of every five express parcels is from our platform."

"Then I would like to ask, how is our logistics performance?"

"How long does it take within the province, how long does it take outside the province? What is the loss rate? What is the average delivery time?"

Hearing Wang Donglai's question, Huang Zheng's eyes flashed, and he said, "At present, we have reached a strategic cooperation agreement with Rabbit Express. Most of the express orders will be delivered by Rabbit Express. Later, I plan to reach a cooperation agreement with several other express companies in Tonglu to improve the logistics effect."

"With the current logistics system of Rabbit Express, it usually takes one to two days to deliver within the province and three to five days outside the province. The loss rate is only 3.5%, and the average delivery time is days."

Huang Zheng is worthy of the credit for developing Pinyidao to this level, his level is still there.

In response to Wang Donglai's question, he immediately gave his answer.

Wang Donglai looked around at everyone again, then said calmly, "I wasn't kidding when I mentioned that we won't leave any profit in the next three years."

"Not only will I not keep any profit, I will also invest at least 30 billion in Pinyidao in the next three years."

"This capital, together with the profits of Pinyidao itself, will be used to develop the supporting logistics system of Pinyidao."

"I plan to build a logistics system of our own, which we will operate ourselves."

When Wang Donglai proposed this idea, everyone was stunned.

I didn't expect Wang Donglai to have this idea.

While everyone was surprised, they quickly thought about the consequences of doing so.

For a moment, most people frowned.

A first-tier express delivery company has at least 100,000 couriers, in addition to express delivery stations, warehousing and operation centers, express delivery vehicles, etc.

All in all, the cost is at least tens of billions.

Before Huang Zheng could speak, Wang Donglai continued talking.

"I know people may object to this proposal and think that it would be too expensive to operate."

“But I don’t think so.”

“Since the order volume on our platform continues to grow, we have solved the biggest problem for express delivery companies.”

"As for the cost involved, it can also be seen as a large investment. When we complete the construction of our own logistics system, at the very least, the loss rate and express delivery efficiency will be greatly improved."

"This is a positive improvement in the consumption experience of platform users. I don't think anyone would object to this."

"What's more, e-commerce platforms are engaged in platform economy business. Relying on the Internet model, they can use the least labor cost to exchange for the greatest revenue and profit."

“This, in my opinion, is inappropriate.”

"When a company develops to a certain level, it must assume certain social responsibilities, such as creating jobs."

"Compared to the scale of its economy, the number of Pinyidao's employees is pitifully small."

"With the same economic scale, the number of people employed by the industry is several times that of the Internet industry."

"Galaxy Technology has passed the stage when it was most short of money, and Pinyidao has also grown into a first-tier e-commerce platform in China, so it must also shoulder the responsibilities it should bear."

"Establishing this own logistics system is just the beginning."

The more Huang Zheng listened, the more panicked he became. He felt something was wrong, so he asked, "Chairman, can I ask if the employees of our own logistics system are also considered our official employees?"

When everyone present heard Huang Zheng ask this, they all reacted.

They all turned their eyes to Wang Donglai, waiting for his answer. (End of this chapter)