When I am reborn, I just want to be a top student
Chapter 830 The Despair of the Tongda System
When the news of Pin Yi Dao's employee stock ownership plan came out, the founders of the Tongda Group were plunged into despair.
The stock price has been falling, business volume is sluggish, even deliverymen are constantly changing jobs, not to mention the large number of consumer complaints.
Before Xinghuo Express joined the market, consumers had already tolerated the self-pickup services offered by the major express delivery companies.
However, having already experienced the high-quality service of Xinghuo Express, no one would be willing to return to the express delivery services of the Tongda system.
Meanwhile, franchisees in various regions join the Tongda system in order to make money.
As a result, the number of orders decreased, and the higher-ups demanded door-to-door delivery and increased penalties.
The requirements were raised, but there was not enough compensation.
These past few months have been extremely difficult for Tongda Group.
Lai Song's decision to go to Tangdu City to discuss the sale of shares with Xu Zhibin was a last resort.
If this continues, the market value of the Tongda Group will only decrease, and its net worth will shrink drastically.
Now, anyone with eyes can see it.
The entry of Xinghuo Express is bound to reshape the express delivery industry.
If it were only Xinghuo Express, it would be easier to cut off the order source from the e-commerce platform.
However, Xinghuo Express is backed by orders placed at rock-bottom prices.
As one of the newest e-commerce platforms in China, it is still following the path of penetrating lower-tier cities. The average order value may not be high, but the number of orders is by no means small.
It's fair to say that, in the eyes of many, the Tongda Group is now on the verge of bankruptcy.
Without significant changes, this situation is simply irreversible.
This change includes Taotian Group's acquisition and Galaxy Technology's competition, as well as the entry of off-market capital, which poured money into the fight.
Demon City.
The bosses of Tongda Group sat down together again.
Since Xinghuo Express entered the market, the number of times they have sat together has exceeded the total number of times they had met in the previous decades.
"At this point, everyone should put aside all that nonsense. If we don't unite, we'll all go bankrupt!"
Lai Song looked at everyone and was the first to speak.
"Hmph, what's there to say? There are definitely some people among us who aren't on our side."
Yu Jiao was still holding a grudge about what happened before, and said in an unfriendly tone.
"Everyone's business volume has dropped by at least 30%, and the total losses are probably over 2 billion. If this continues, the losses will only get bigger."
Chen Jun was also getting anxious and frustrated, and couldn't help but say something.
"Is Galaxy Technology out of its mind? Why not do a perfectly good business and instead get into express delivery? How much money can they possibly make? I'm speechless!"
Nie Yun said, cursing.
Many people are puzzled by Galaxy Technology's foray into the food delivery and express delivery industries.
This doesn't make any money at all.
It's not that they don't make money, but given Galaxy Technology's practices, it's unlikely they'll actually make any.
These two industries developed entirely thanks to the demographic dividend.
Low labor costs are the key.
Every penny saved on human resources is a source of profit for the company.
Five social insurances and one housing fund, commercial insurance, and minimum wage are all included.
The reason why you can still hear that food delivery and courier services can make money is entirely because their working hours and intensity have been forcibly increased.
They work at least ten hours a day, or even more.
Moreover, they were all young and in the prime of their lives.
No matter what you do, you'll earn just as much as you would from food delivery or courier work, and may even earn more.
If Galaxy Technology's employee benefits are considered, the cost of human resources will far exceed the profit, inevitably leading to losses.
Actually, this isn't the first time.
No matter which industry Galaxy Technology enters, it is always the same; it is criticized by industry insiders as a cancer to the industry and a disruptor of market conditions.
"There's no point in saying all this now. Let's think about how to solve the problem at hand."
"What else is there to say? Even if everyone unites, there's nothing we can do. We can't exactly drag the postal service, JD.com, and SF Express into boycotting Xinghuo Express!"
"The meaning from above is already very clear. They are obviously helping Xinghuo Express. Otherwise, they wouldn't have said that at the last industry conference."
"I've already heard that Xinghuo Express is planning to purchase five passenger planes to convert into cargo planes, and it was the higher-ups who facilitated this."
Upon hearing this news, the people present fell silent.
This is already obvious.
There was no sound from inside the private room for a long time.
Everyone looked rather grim.
After a long while, Chen Jun looked at Lai Song and said, "President Lai, I heard you went to see Jack Ma?"
Lai Song's eyes narrowed instantly, and he quickly tried to figure out who knew his whereabouts. In just a moment, he identified the person who had leaked the information.
There would be no one but Jack Ma.
The purpose of leaking this information was clearly to divide and weaken them, and to put pressure on them as well.
After figuring it out, a hint of anger appeared on Lai Song's face.
"Indeed, I went to see Mr. Jack Ma."
"We were hoping to get Jack Ma's support to help us through this difficult time, since we still have a working relationship with him. But it turns out that Jack Ma had no such intention at all."
"For Taotian Group, as long as there are couriers to pick up, ship, and deliver goods, they don't care who delivers them at all."
"They even wanted to acquire my shares, offering a valuation so low that you wouldn't even dare to imagine it."
Even after so many days, Lai Song still felt a surge of anger when he thought about what happened back then.
Xu Zhibin of Xinghuo Express was pushing down prices, which was a legitimate action by his competitor.
Although he was also angry and annoyed by this, he could understand it.
However, Jack Ma's price-cutting was excessive and amounted to nothing short of profiteering.
Although there is a significant difference in their net worth, he and Jack Ma are genuine roommates.
Furthermore, they had collaborated several times before, and each party held shares in the other.
In his view, even if Jack Ma wouldn't help for free, he should at least lend a hand when he encountered this problem.
As a result, they took advantage of the situation and started looting.
Hearing Lai Song say this, the remaining three looked at each other, bewildered.
The reason for holding this meeting is because of this news.
They were terrified that Lai Song would find a seller beforehand and sell them off.
Now that they hear Lai Song say this, they don't know whether to believe him or not.
However, Lai Song still noticed the changes in the three people's expressions.
"So, you were just doubting me!"
"I knew it! Why are we all gathering here out of nowhere? What, are you planning to interrogate me?"
Lai Song was already furious, and now that he understood what the others were thinking, he became even angrier.
“Lai Song, I didn’t mean that. I just heard the news and got a little anxious, so I wanted to ask.” “Right now, we’re all in the same boat. We should work together. If we’re still thinking about our own things at this time, it would be a real joke.”
Chen Jun quickly spoke up to explain.
"That's right. We've just encountered a few difficulties. The domestic e-commerce business is still developing, and the express delivery industry still has room for growth. No matter how domineering Xinghuo Express is, it can't really squeeze us out of all our business."
"Besides, it's impossible for Jack Ma to actually ship his goods through Xinghuo Express!"
"I still maintain the same stance: as long as everyone perseveres and unites as one, we will always be able to get through this!"
Yu Jiao's eyes darted around, and she uttered these words.
Among the several courier companies, Yu Jiao was the most affected.
The reason is quite simple: Yu Jiao's previous statement has been leaked outside.
Therefore, Xu Zhibin specifically targeted Yu Jiao.
Exclusivity agreements, door-to-door competition, and even poaching of YTO Express's couriers and staff.
Being targeted like this naturally made Yu Jiao angry.
However, facing the deep-pocketed Xinghuo Express, especially with the backing of Yinhe Technology, Yu Jiao really didn't have any good solutions.
He couldn't stop his own employees from leaving for other jobs.
As for other underhanded tactics, that's even more impossible.
Those who pre-pay are the ones who most want everyone to unite and fight against Xinghuo Express.
Everyone is well aware of this.
The group neither opposed nor directly agreed to Yu Jiao's proposal.
Unity is easier said than done.
We were all competitors, and we wished each other dead. Our relationship was bad, the competition was fierce, and there were many conflicts.
It's simply impossible to unite people with just a word.
"Unity? How do we achieve unity?"
"Should we merge into one company, or join forces to create Spark Express?"
"Spark Express is clearly playing the straight game, using money to overwhelm people; they simply don't have any other good ways to compete."
Nie Yun shook his head and said this.
"Ugh!"
"Now that things have come to this, we should think of other ways. Either we continue to raise money and persevere until Xinghuo Express gives up on using money to buy its way out, and then we can try to regain the market!"
Chen Jun sighed, clearly not optimistic about everyone's ideas.
Seeing everyone's reaction, Lai Song's heart suddenly stirred.
Now, while the other companies haven't decided to sell yet, it might be possible to find someone to take over.
If we wait until everyone else realizes what's happening, then there really won't be any chance left.
Thinking about it this way, Lai Song became restless.
At the same time, he began to regret leaving Galaxy Technology so readily.
Galaxy Technology offered a higher price than Jackmai.
As for other investment institutions, both domestic and foreign, they simply wouldn't enter the market at this time.
After all, everyone knows that Xinghuo Express is spending money to expand its market share. This is not a period of growth. The express delivery market was already stable. If it weren't for Xinghuo Express's entry, this would not have happened.
Therefore, after much consideration, I decided to choose Galaxy Technology, as this would maximize my own interests.
With that thought in mind, Lai Song immediately decided he didn't want to waste any more time here.
Only by reaching an agreement with Xinghuo Express as soon as possible can I put my mind at ease.
After all, judging from Xinghuo Express's appearance, it doesn't seem like they're going to acquire all the courier companies.
If he were in Xinghuo Express's position, he wouldn't have acquired everything.
So at this point, it's a race against time, and whoever loses more money.
With that in mind, Lai Song said, "If no one has any ideas, there's no need to continue."
"I have something to do, so I'll leave now. You guys can continue your conversation."
After saying that, Lai Song got up and left.
After Lai Song left, the remaining few people looked at each other, and the atmosphere instantly became a little awkward.
"Could it be that Mr. Lai really wants to sell his shares?"
"This is obvious; the news has already spread, so it can't be false!"
"Selling now would probably mean a huge loss, it's simply not worth it!"
The remaining three people couldn't help but start discussing it.
In fact, they had considered selling their company shares.
However, they founded the company and worked hard to develop it to where it is now, putting in a lot of effort.
If the price is right, then it will be sold.
But now the price is not right, and not only will they have to offer huge discounts, but their net worth will also shrink considerably.
Without their businesses, their commercial standing will be jeopardized.
That's why they've hesitated until now.
Of course, there was also a very important reason: they didn't think that Spark Express would actually make it impossible for them to survive.
If I outlive the other two companies, I can survive.
This is their deepest thought.
Even by just taking a gamble, Xinghuo Express can still make a living.
If the other two companies can't hold on any longer, Taotian Group's orders will naturally become the remaining companies' orders.
Outlast your competitors, and the market will be yours!
What appears simple and unpretentious is the true essence of business strategy!
"If it's going to rain, it's going to rain; if a mother wants to remarry, she wants to remarry. If Mr. Lai really wants to sell, can we stop him?"
"To be honest, the fact that Lai Song can find someone to take over at this time is actually a sign of his strong ability."
"Actually, I know that no one trusts each other. There is no foundation of trust. Even now, when Xinghuo Express is clearly here to take away everyone's market share, no one is willing to trust each other. After all, competitors are enemies!"
"However, I still have to say that no matter how much we compete, it doesn't disrupt the market or cause any losses to others. At least it's not a lose-lose situation."
"Spark Express, Pinhaofan, Pinyidao, and these subsidiaries of Galaxy Technology can be described as industry disruptors."
"Entering an industry means destroying it!"
"Paying social insurance and housing fund contributions, purchasing commercial insurance, and giving year-end bonuses to delivery drivers and couriers is simply outrageous."
"Doing this will not benefit him at all; it will only give those employees unrealistic expectations."
"I will never admit defeat to Xinghuo Express. Even if I have to sell everything I own, I will persevere. I refuse to believe that Xinghuo Express can really squeeze me out of business."
Yu Jiao glanced at the other two and said firmly.
After thinking for a moment, Nie Yun and Chen Jun nodded.
"President Yu, now that things have come to this, we have no choice but to do it!"
"Spark Express is going too far! They won't let us have an easy time, so we won't let them have an easy time either!" (End of Chapter)
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