1101: 761 Specialty (Thanks for the tip!)_2 1101: 761 Specialty (Thanks for the tip!)_2 Including the adamant Mr.
Fei.
After all, even if their philosophies do not align, their mutual starting point is definitely the sa: to protect Great Wall’s interest and their own interests.
“We could do this, run various promotional activities targeting custors, such as giving out consumption vouchers, organizing raffles, waiving delivery fees, as long as we hold onto the custors, we will forever stand invincible.”
Mr.
Fei’s tone softened a bit, but his deep-rooted beliefs remained unchanged.
Obviously.
In his mind, delivery riders are negligible, and so are the rchants; it is the consurs who deserve emphasis.
Indeed, many entrepreneurs think this way.
Just like many bosses would rather spend a huge amount of money on charity but are always stingy when it cos to raising employees’ salaries.
“But what if Great Wall Special Delivery does the sa?
In fact, they already have, because they definitely know how we gradually erged from the fierce competition to where we are today.”
“Then let’s fight them to the very end!”
Mr.
Fei’s tone beca forceful and decisive, “We won against so many competitors initially, are we now afraid of just this one competitor?”
The executive who was debating, or rather discussing, shook his head and did not continue to speak.
He joined Great Wall Group later and did not experience the initial smoke-filled online food delivery wars.
But not experiencing it does not an that he is unaware of the process.
So things can only be kept in the heart, not laid out on the table for discussion.
The reason Great Wall was able to erge victorious from the harsh competition is not only due to its strong capabilities but also that initial “true intention.”
At that ti.
Great Wall considered riders employees, consurs as gods, and rchants as partners.
But what about now?
The dragon slayer eventually becos the dragon.
It seems like a joke, but it also appears to be a constant sad truth.
Having gained a monopolistic position in the competition, that initial “true intention” also seems to have been lost unwittingly.
“Yu Fen, I believe the current situation is extrely critical.
We must decisively and swiftly make changes!
The battle has just begun, and we need to be ready for a multidinsional war!
To win, we must reshape our philosophy from within!”
A speech, three musts.
Small boats turn easily.
But it’s not easy for soone accustod to comfort to make changes.
Even for Yu Fen.
He understood inside that the other party made sense, but understanding is one thing, whether or not it should be done is another.
“Draft a detailed plan of your proposal and submit it to .”
Yu Fen spoke.
“Everyone, if you have any opinions, it’s the sa.
The group is facing one of the most severe crises in recent years, I hope everyone can unite and overco this challenge together, the Spring Festival holiday will end early, no objections, right?”
At this ti, no one would voice any objections; they unanimously agreed.
Yu Fen nodded.
“Thanks everyone for your understanding, that’s all, eting adjourned.”
The executives stood up and left the eting room one after the other, perhaps due to the early end to the holidays, they seed sowhat downcast, though not overly so.
As a trillion-dollar valued company, they are not so fragile.
In business, it is not always smooth sailing; setbacks are inevitable.
Even though the public opinion is critical, and the market value is shrinking, public opinion can be changed, and market values can rise again.
After everyone left, Yu Fen sat back down on the president’s seat, habitually pressing his temples with both hands, then he took out his cellphone and made a call.
“Young Master Fang.
The company is in trouble.”
“Don’t tell you can’t handle even a small problem.”
Clearly, the changes in the food delivery industry have reached many ears,
Clothing, food, shelter, and transport.
This is a major issue of people’s livelihoods, moreover, it concerns the employnt of millions.
“I can handle it, but I need funds.”
Yu Fen spoke plainly, like a person who handles big affairs wouldn’t hesitate or beat around the bush.
Actually, this war is not complicated, unlike those cutting-edge fields involving advanced technology.
To put it plainly.
It’s all about who has more financial prowess.
A trillion-dollar valued ga-corporation, running short of money?
It sounds incredible.
But you should know, market value and available funds are two different things.
Market value is the price on the stock market, representing the value of the stocks.
If Yu Fen sells his stocks, indeed, a vast amount of wealth can be converted.
However, if he does not sell, those stocks are as good as waste paper.
Just like gold.
It can be exchanged for money, but it cannot be used directly as money.
And therein lies a problem.
At this ti, the stock market is continually falling.
The consequences of the founder reducing his holdings in stocks are foreseeable.
Moreover, this action would also affect his control over the company.
Yu Fen is a very proud man.
Having built his delivery platform into today’s behemoth, how could he easily abandon his hard work?
In his eyes, the situation is far from needing “self-preservation.”
“Your kangaroo has monopolized for so long, and you still have the face to ask for money?”
Monopoly.
Such a straightforward word choice.
“Young Master Fang, you are not unaware of the operational situation of Kangaroo.
This ti our opponent is Great Wall Special Delivery; I need to be prepared for a prolonged and tough battle.”
Yu Fen succinctly said.
Admittedly dominant in the industry, the Kangaroo Group is not as profitable as people think.
Or rather.
The profits of Kangaroo are divided among too many people.
The person on the other end of the phone is one of them.
Therefore, after gaining a decisive dominant position, Kangaroo imdiately launched a series of exploitative policies.
Otherwise, where would the money co to reward those who nourished and grew it?
A company’s market value is not necessarily connected to its profitability status.
Many companies with terrifyingly high market values might not even manage to break even and operate at a loss year after year.
Market value only indicates how much the market favors the company.
Perhaps this is also the reason why soone studying economics dared to initiate this business war.
“How much do you need?”
The response from the other end was very straightforward.
After all, to him, Kangaroo might not just be a kangaroo, but a goose that lays golden eggs.
“Currently unclear.
I will report to Young Master Fang after a detailed analysis is done.
This call is just to give Young Master Fang a heads up.”
Put in layman’s terms,
It just ans giving you an early heads-up.
“You don’t have to worry about money, just go to the bank.
Yu Fen, don’t let down.”
When businesses face difficulties, banks naturally have an inescapable responsibility to support.
And banks welco wealthy people borrowing money, especially big companies like Kangaroo.
With Kangaroo’s credentials, getting a loan from banks is not a difficult task, but with the assurance from the other end, Yu Fen seems more reassured.
“Young Master Fang, please be assured that I won this before, and it will be no different this ti.”
Confidence.
Almost arrogant.
But this is the ttle one must have as a successful, socially recognized business leader.
“Rember your words.”
The other end was also satisfied with his response, and thus comnded further, “The bank will give you abundant support, you don’t have to worry about anything.”
These words, if not said by so major bank president, would hard to believe, but Yu Fen did not seem to have any doubt, and a relaxed smile appeared on his face.
“With Young Master Fang’s words, I have nothing to worry about.
Fighting this kind of battle is my specialty.”
Indeed.
Burning money, he is an expert.
Back then, that was how he obliterated his competitors.
Playing this ga in front of him?
Isn’t it like showing off in front of an expert?
“Everyone is watching your performance.”
Having said that, the other side hung up the phone.
Well aware of the background of the Great Wall Group, Yu Fen knew he was not just caught in a dia whirlwind.
But it seems like he had no choice.
Yu Fen put away his phone, stood up, and walked out of the conference room.
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