Wandering the world of film and television begins with the golden years

Many people don't really understand the real Wu Bo. 💚♢ 69s.com 😲💞

Beneath his seemingly refined and easygoing exterior, he has a well-known nickname in the entrepreneurial world: the IPO hunter.

Two key words: the first is going public.

For investment institutions, going public is one of the important criteria for measuring the success of an investment in a company. Wu Bo has certainly delivered an excellent performance in this regard.

While studying in the United States, he founded a film and television company and listed it in Hong Kong through a reverse merger. After returning to China, he also founded Focus.cn, which was subsequently acquired by a major domestic portal website.

However, few people know that Wu Bo's entrepreneurial strategy has never been to cultivate a deep expertise in one field. He has always been a quick in-and-out operator, profiting from stock market investors.

His listed companies were delisted and related companies removed from the stock exchange within a year, and the few that remained operational had no transactions. After some time, no news of these companies was heard again.

Make money, not shabby.

The second keyword is hunter.

His entrepreneurial experience and personality reveal that he is bold, adventurous, and has an almost obsessive thrill in the business world. Under his guidance, the entire team has become a pack of hungry wolves.

In fact, this approach is quite popular.

The method is simple and direct, but it is efficient and yields visible results.

Lashou.com's current status as the second largest online marketplace after Haotuan is also thanks to this aggressive strategy.

In fact, if it weren't for Li Haoyu's amazing group suddenly appearing out of nowhere... 💔🐉 ➅❾ˢⓗⓤＸ.Ćσ𝐦 💔🍓

Wu Bo will soon firmly hold the top spot in the group-buying industry, and Lashou.com is also ambitiously aiming for an IPO in the US...

If Lashou.com hadn't become one of the first victims of the dot-com bubble, and hadn't had its own financial problems, it might have become the next internet giant.

Unfortunately, life doesn't offer "what ifs".

In this life, everything is different because of Li Haoyu's appearance.

.........

Wu Bo was interviewed by *Today's Times*, one of the most commercially influential local magazines in Shanghai, and a household name among Shanghai residents. The interview also included some rather bold statements:

"Within a month, we will launch a lightning strike against Haotuan.com and redefine the group-buying industry."

The magazine's evening edition published an urgent headline article with the following title:

Lashou.com: The first battle is the decisive battle, and one battle determines life or death.

This time, Lashou.com wasn't just talking; they were really going all out. Everyone felt the force of Lashou.com's attack, including Li Haoyu.

The media outlets also took sides, but very few were optimistic about the group.

Even though HaoTuan has a better reputation among consumers, in the eyes of these so-called "authoritative institutions," Wu Bo of Lashou.com, who has a proven track record of entrepreneurial success, is clearly more convincing.

They even used the analogy of "an egg hitting a rock" to subtly express their skepticism towards the group.

They pointed out two things: first, youth, implying that the group's young leader lacked experience, let alone the ability to command such a crucial industry battle. 🍧💋 ➅➈s卄Ⓤ𝔁.ᶜⓞΜ 🐠🐯

Secondly, it refers to hard power. Since its launch, Lashou.com has been conducting extensive offline Google Ads promotions, and they have collected an unknown amount of Google Ads fees from each media outlet.

However, Haotuan.com has remained silent and has not responded at all.

Faced with Lashou.com's high-profile offensive, Haotuan had no countermeasures and could only passively take the beating throughout.

Another important reason why public opinion has turned so one-sided is that Haotuan did not spend money to buy press releases to spread its message.

Haotuan is still number one in the group-buying market. Don't the media know that? They're just pretending to be deaf and dumb because they've been paid by Lashou.com!

Li Haoyu still didn't plan to waste the money. When Haotuan defeated Lashou.com, some uninvited media would naturally come to cheer him on.

At this point, the most crucial thing is to reassure Haotuan's frontline employees. Only Haotuan's senior management knows about the successful financing.

Although Haotuan is developing steadily, it is hard for the lower-level employees not to feel uneasy in the face of such a fierce offensive.

But for Li Haoyu... he didn't feel much emotionally affected by this battle, and even had a bit of a "watching the show" mentality.

Ultimately, this battle with Lashou.com was merely a last-ditch effort driven by desperation. If he could have saved the money and focused on market expansion, Li Haoyu would have thought more highly of him.

They might become a formidable rival to other groups in the future.

This current act of giving up is merely a final, desperate attempt to salvage the situation.

GG advertising can only be a finishing touch, and subsidies are merely a temporary fix and should not be overused. Ultimately, group-buying websites still need to find a healthy profit model.

But now, Lashou.com, this kidnapped carriage, can only run wildly and can't stop. If it stops, it will be smashed to pieces.

If you put yourself in Wu Bo's shoes, you'd be in Wu Bo's situation.

Li Haoyu, on the contrary, would not compete so openly, placing himself at the center of the storm. Instead, he would secretly fuel Haotuan's momentum, making Haotuan a thorn in the side of all group-buying websites.

Then, while they are fighting each other, they can quietly develop their own businesses. If the group-buying competition is fierce, they can even try to overtake others in the review field. There are always more solutions than problems.

However, since Lashou.com is basically nonexistent, other group-buying websites will inevitably emerge as challengers.

The fundamental reason is that although Haotuan was established not long ago, it has been very popular and its development has been smooth sailing, which makes people too envious.

If Haotuan continues to develop unchecked, it probably won't be long before it gains the ability to dominate the entire group-buying market, at which point its fate will be out of its hands.

This day is approaching at an almost visible speed, leaving Lashou.com no time to wait and see.

For example, it's very similar to the competitive relationship between Taobao and Pinduoduo.

Before Pinduoduo's rise, Taobao was the undisputed king of e-commerce, "unrivaled even with a telescope." Then it recklessly flirted with disaster.

Despite its various flaws, many users ultimately find Pinduoduo irresistible.

With consumers voting with their feet, Pinduoduo's size is now comparable to Taobao's. As a national app with hundreds of millions of users, is it possible that the vast majority of Pinduoduo's consumers don't overlap with Taobao's?

If there isn't enough of a threat, will Taobao frantically launch a special edition and then try to save face by offering daily specials?

If we just sit and wait for the group to develop to that point... by then it will be too late.

As Li Haoyu said at the forum summit that day:

It's like saying that HaoTuan will win in the future, while Lashou.com will perish.

Therefore, he cannot wait; if he continues to wait, his chances of winning will be even lower.

Industry leaders always talk about win-win cooperation, but what's the reality?

They wouldn't allow others to sleep soundly on their own bed; all they needed were small fry who wouldn't threaten their dominance. They themselves knew that an open monopoly was simply not feasible...

However, they were merely small fry, and they couldn't allow any potential threat to their rivals to grow stronger.

The market is only so big; if you get a little more, I get a little less—it's that simple. No company is willing to take money out of its own pocket to give to someone else, or even give them the opportunity to steal its money.

At this moment, Guan Weiguang walked into the office and asked, "Boss, Lashou.com's offensive is so fierce, what do you think we should do?"

While writing something with his head down, Li Haoyu replied, "My opinion? It's simple, just watch him build his empire, just watch him entertain his guests."

"Let's see how his building collapses in the end!"

.........