Wandering the world of film and television begins with the golden years
Chapter 92 The Pig That Was in the Wind Didn't Take Flight
The next morning, Li Haoyu received a phone call. ൠ😾 690ђ𝔲𝓧.𝓒𝑜ᵐ 👤👮
The call was made by Xu Xin, who wanted to arrange a face-to-face meeting with Xiong Xiaoge to discuss investment matters.
Shortly after, a surprising piece of news broke on the Chinese internet: Haotuan.com had received $1200 million in funding from IDG Capital.
With Xu Xin's help, Li Haoyu persuaded Xiong Xiaoge and secured an astonishing amount of funding.
It was a very simple message, but its impact was astonishing!
The Internet has always been a hotbed for creating millionaires.
But in less than a year, Haotuan.com's valuation increased several times over.
The air seemed to grow tense; Haotuan's rapid expansion was making countless entrepreneurs itchy to get involved. Even the giants that hadn't yet entered the group-buying arena were starting to stir.
From an unknown nobody to a dark horse to the prototype of today's group-buying giant.
Every climax of this story perfectly matches the audience's desire for excitement, and Haotuan.com's rapid development also meets people's expectations of legendary figures.
People want to hear stories of ordinary people achieving success against all odds, because such stories are the most dramatic and full of dramatic conflict.
Everyone loves a story full of climaxes and excitement.
The successful financing of Haotuan is like a feast prepared specifically for major media outlets.
This is also one of the criteria for judging whether a company has a strong influence. The media is willing to actively pay attention to the company's development and trends, rather than relying on spending a lot of money to invite the media to report.
It's not uncommon for company CEOs to personally endorse products and services in later generations. Lei Jun (Lei Jun, CEO of Xiaomi), the head of Smartisan, and Dong Mingzhu (CEO of Smartisan) all stepped down from their posts, not only saving on marketing costs but also achieving better results than hiring celebrities. ♟☹ ❻9丂𝐡ยx.ςỖⓜ 🍮🎈
Clearly, HaoTuan has gradually gained recognition from mainstream media.
However, what motivates the media to dig deeper is:
The identity of Haotuan's major shareholder is not a secret at all; it's basically all out in the open.
The idea of a poor student becoming rich overnight through entrepreneurship in college—a template usually only found in novels—is clearly more appealing to readers.
What kind of young person could become a trendsetter in the internet age? Leading Haotuan.com against the odds, it stood out in the fiercely competitive group-buying industry. Surpassing numerous competitors, it became the leader in group-buying software, and the young person himself amassed an astonishing fortune of tens of millions of dollars!
When the legend of getting rich overnight actually happens around you, it's easy to imagine how curious people will be about it.
Li Haoyu, who was only focused on making a fortune in silence, was unaware that he had already been targeted by the media.
The media are just waiting for an opportunity to expose his rise to wealth without reservation.
……
The office of Lashou.com in Shanghai.
A man in a black suit sat in an office chair, his brow furrowed, clearly deep in thought and worry.
Thirty-five-year-old Wu Bo may not be particularly handsome, but he is already a veteran entrepreneur.
He has participated in almost every major trend in the internet industry, and his former company, Focus.cn, is now a leader among vertical websites. However, due to its limited size, the website has always struggled to achieve a large valuation.
After some thought and research, he set his sights on the emerging blue ocean market of group buying. ♟☹ ❻9丂𝐡ยx.ςỖⓜ 🍮🎈
Without the emergence of Haotuan, Lashou.com would likely have been the earliest group-buying platform, and its founder, Wu Bo, might have once again bet on the right trend and become a soaring success.
However, this time the pig didn't take off, so he got a little anxious.
To compete with Haotuan, Lashou.com is also fully expanding its offline presence and managing cross-regional sales.
Wu Bo was still thinking and didn't bother to see who the person was, so he just casually agreed, "Please come in."
A young female secretary reported to the supervisor, "The group-buying platform has started again... They're pulling out all the stops, with timed flash sales, trying to stimulate new user registrations and spending."
The female secretary talked about how fancy things were done, but in her heart she couldn't help but admire the group's strategy.
These ever-evolving methods are truly despair-inducing.
It's like you're pursuing a girl, but your rival always manages to win her heart in various ways.
"Boss, what do you think we should do?" Wu Bo didn't answer, and the female secretary could only wait silently.
"If we can't compete with the best methods, we'll use the hard way. In the world of martial arts, speed is the only way to break through; let's burn our way to the future."
Wu Bo straightened up and gave the order: "Whether it's a hot-selling item or a well-known store, we will compete with Haotuan on all fronts. You can decide the specific prices. Low price is king. As long as the price is cheaper than Haotuan, I don't believe consumers won't be tempted."
"Understood, Mr. Wu." The secretary nodded repeatedly, still taking notes.
"Wait a moment……"
Wu Bo waved his hand, paused for a moment, and continued, "In addition to what I just mentioned, we should also offer higher rebates to merchants and shops to attract them."
"Is that so?" The secretary was stunned; this was a huge financial blow.
She hesitated for a moment and said, "But even if we increase the turnover, the profit will be too low."
"Then it's not about making a profit. As long as we can beat a good team, it's worth paying any price."
Wu Bo's tone was firm and refusal, clearly leaving no room for doubt.
Seeing this, the secretary said nothing more.
She understood the boss's determination; this time, Wu Bo was going to fight the group to the death.
Xu Bo glanced at the document. "There's another thing we need to do simultaneously: check if Haotuan has falsified its finances. I refuse to believe they're completely clean."
In fact, in previous business competitions, Wu Bo had hindered the development of rival companies by reporting their financial problems, and even gained an advantage by doing so on several occasions.
This time, they naturally want to use the same old methods to gain a competitive advantage.
"I also need to arrange my itinerary. I need to go to Shanghai in person to communicate with the businesses," Wu Bo said, referring to the second thing.
"I'll book plane tickets right away."
The secretary hurriedly went out to make arrangements.
This has stirred up another storm in Shanghai's group-buying market.
…………
Lashou.com spared no expense in its attack, and its success was quite remarkable.
Two rounds of subsidies have been implemented, and negotiations with merchants have made good progress. It seems that Haotuan.com is really no match for Lashou.com, and Shanghai residents are full of expectations for this group-buying war.
For ordinary consumers, they don't care who wins.
They only wanted to see whose price was more favorable, and they were also looking for a good show.
This is undoubtedly a good thing, and it's also an interesting thing.
"Let's fight it out, preferably to the death. What are subsidies? It would be best if it were completely free."
"Yeah, I initially thought HaoTuan was pretty good. But Lashou.com is cheaper. If it's really cheaper than HaoTuan, I'll just have to vote with my feet... Anyway, I'll support whoever lets me buy it cheaper."
"The price has dropped again?"
"The price really has dropped!"
"It seems like the discount might be even bigger tomorrow."
"This is going to be interesting."
This situation is exactly what Wu Bo expected.
He wanted to see how the good group would respond.
However, not everyone is worried.
The employees of Haotuan have full confidence in Li Haoyu, after all, he has created too many miracles.
On the internal network of HaoTuan, some employees left messages saying, "We are waiting for the boss to step in and personally turn the tide."
Just like in a movie, the main character always appears last. The employees of HaoTuan all believed that this rather legendary founder must have a way to turn things around.
People are starting to look forward to what the leader of the group will do next.
I'm curious to see what methods he will use to resolve this crisis.
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