Xueba's computing system

Chapter 215: What Mr. Wang Knows and What He Doesn’t Know
Several Opinions on Promoting the Healthy Development of the Takeaway Industry

With the release of a document from the Jiangsu Provincial Government, the food delivery industry has experienced an earthquake.

Because the document clearly proposes to build the takeout industry into an expanded employment reservoir, and in order to stabilize employment, it is imperative that the takeout industry cannot experience too much fluctuation.

Therefore, the document implicitly mentioned the need to gradually remove the influence of capital from the food delivery industry, and even mentioned the need to establish a complete salary management mechanism for the food delivery industry.

Because the entire salary system in the food delivery industry is currently extremely chaotic, the delivery fees are not transparent at all, and even from the customer's side, some orders appear to be free of delivery, which is funny.

Free delivery? What do the drivers eat? Obviously the wool comes from the sheep.

The main purpose of this document is to remove those common marketing methods from the food delivery industry and make food delivery a simple piece-rate system without so many tricks.

To achieve this, it is naturally impossible to let Haotuan dominate the market alone.

According to the practice of Dragon Country's rapid economic development in recent decades, the government generally does not personally participate in industries that are not related to national defense or the lifeline of the national economy. As the saying goes, the public and private economies each play their own strengths.

But now, in the eyes of everyone, the Jiangsu Provincial Government is clearly intending to intervene, so there is only one possibility - the Jiangsu Provincial Government will introduce a full competition mechanism in the takeout industry.

This is a very common strategy. Even if it is not explicitly stated in the document, everyone can guess it.

The only one that can compete with the good group right now is the blue label factory that looks half-dead.

So, when this document came into the eyes of everyone, it naturally became the death warrant for Haotuan and the life-saving straw for Blue Label Factory.

The stock market in HK responded quickly, and Musk's group of international hot money, which had been lying in ambush, began to dump the market frantically, naturally in order to short sell.

Haotuan’s stock price fell by more than 10 points on the day the document was released.

The situation that Haotuan feared the most finally came.

The original document usually does not take effect that quickly. After all, it is just an opinion-based document. This type of document does not define the policy, but rather seeks opinions in a consultative manner.

Generally speaking, the stock market will wait and see for a while.

But who would have thought that this time it would plummet. Therefore, anyone with a discerning eye could see that Haotuan’s stock had long been ambushed by hot money.

The festive atmosphere of the Spring Festival has not yet dissipated in the land of Dragon Country. Haotuan’s branches and management agencies across the country still have the word "Fu" and Spring Festival couplets posted on their doors, but this spring clearly does not belong to Haotuan.

All the senior executives of Haotuan had their vacations terminated early and were all required to be on standby at the company.

A policy document is not that scary, as long as there is enough time, the good group has plenty of time to slowly adjust. But the sharp fluctuations in the stock market are really terrible.

The plummeting stock price will not only put enormous pressure on shareholders, but if the large fluctuations in stock prices affect the development of the company's food delivery business, it will lose the trust of the public. Because the public hates instability the most.

Mr. Wang of Haotuan used all his connections at home and abroad and finally figured out the capital background of the ambush on his own stock.

To his surprise, the capital invested this time was all from Silicon Valley technology capital.

You have to know that this group of capital generally operates around technology stocks, so why would they come to form a good group?

Although Haotuan also claims to be a technology company, everyone knows that Haotuan is at most a technology application company, and its core business model is to make money from the price difference of the labor results of a large number of riders.

To put it bluntly, Haotuan is a sweatshop in the Internet age, earning intensive labor surplus value. It does not rely on high added value brought by high technology.

Haotuan's application of AI and other technologies is ultimately to make the riders deliver food better, and then take a cut from the riders' delivery fees. In essence, Haotuan is not a high-tech company at all, but a company that uses high technology as a tool.

Therefore, Silicon Valley's technology capital should not touch it, because that kind of technology capital is to stimulate the heartbeat, relying on investing in technology unicorn companies. As long as one unicorn grows out of ten startups, the return rate can cover the losses of the other nine.

There is only one possibility for this kind of technology capital to come and form a good group - the other party smelled some blood, and adhering to the simple principle of not eating it if it is not worth it, they rushed to join in the fun and take a big bite.

So the question is, where did the bloody smell on Haotuan come from, and who spread it?

The first thing that Mr. Wang thought of was the Blue Label Factory, because in the long run, the biggest beneficiary of this incident was the Blue Label Factory. Mr. Wang was originally planning to acquire the other party, but now the other party has come back to life.

That is to say, Blue Label Factory may have colluded with overseas Silicon Valley technology capital to play this role.

Mr. Wang of Haotuan came to this conclusion based on factual analysis.

But he found it hard to believe his conclusion, which was based on facts and rational analysis, because it didn't make logical sense.

It is normal for the blue label factory to want to resist. Any international capital is like a shark. It will pounce when it smells blood. That is also normal.

But there are two things wrong here.

First, how did the bloody smell on Haotuan's body get smelled? Before this, Mr. Wang himself did not realize the crisis, and he himself did not expect that Su Province would issue such a document.

Could it be that the Blue Label Factory did something behind the scenes and hired someone to lobby the public level?

This is not impossible, after all, the Blue Label Factory is backed by Alibaba.

The first question can be explained, but the second one is totally unexplainable.

Even if the Blue Label Factory knew that Jiangsu Province would issue such a document after the Spring Festival, how did they cooperate with overseas capital?

Is Alibaba behind the scenes?

Obviously it's impossible.

Since Alibaba has been fined many times over the years, it has no guts to mess up the Hong Kong stock market with foreign capital. Alibaba will not be so stupid. After all, making this kind of money from the stock market is only a one-time thing and is unsustainable.

This is not how big companies make money from the stock market. They don't make money by manipulating stock prices, but by operating the company to go public and then selling off their stock holdings after the listing.

Mr. Wang of Haotuan is very familiar with this. Therefore, he is sure that Alibaba will not do this.

So the question is, how did Blue Label Factory hook up with overseas capital, and with Silicon Valley's technology capital at that.

This is totally inexplicable.

Mr. Wang thought about it for three days and three nights but still couldn't figure it out. He couldn't have imagined that this was caused by a stupid operation of his subordinates, just because his subordinates disgusted a former senior engineer of his own research institute.

His subordinates did this not because they wanted to disgust Lin Yuan on purpose, but because this was the corporate culture of the group.

In other words, under the leadership of Mr. Wang, the Haotuan had previously dealt with Lin Yuan completely in accordance with the established system.

Therefore, Mr. Wang can either say that he is completely clueless, or he can say that in fact he knows everything but is just caught in a fog and is unaware of it.

(End of this chapter)