Since they are reborn, they must be supported by the school beauties.

Chapter 202 Prepare Ammunition for Battle
The team leader's words instantly put Li Dong on alert.

He deliberately asked, "Boss, has Tencent already started developing similar products?"

The leader hesitated for a moment, then smiled mysteriously and said, "Last night a friend asked me to keep an eye on Renren.com, so I consulted with Tencent, and they said that a similar product is about to be launched."

Li Dong was startled.

He was well aware of Tencent's ability and speed in imitating others. He thought they might not have paid attention to Xiaonei.com yet, but to his surprise, their similar product was already under development.

This made him very worried about Chen Cheng's school network.

He knew very well that internet products were different from other products. Among internet products, similar products had a strong exclusivity. For a product like Xiaonei.com, there might be several competing companies in the market, but in the end, only one would remain.

Tencent now boasts over 100 million registered users. If Tencent were to launch a product like Xiaonei.com, it would likely attract users very quickly.

Once the number of users on Renren.com starts to drop, it is destined to begin its decline immediately.

This website hasn't been around for very long and its foundation is unstable, so how could it possibly withstand the impact of Tencent?
After the meeting, Li Dong returned to his workstation, picked up his phone, hesitated for a moment, and then put it down again.

After repeating it several times, he gritted his teeth and sent Chen Cheng a message that read: "There are relatively reliable sources saying that Tencent is also developing a product similar to Xiaonei.com, which will be launched soon. You need to be prepared to deal with it."

After sending the message, he felt a pang of guilt, as if what he had done was somewhat against his professional ethics.

However, he really liked the Renren.com product. He admired Chen Cheng, a freshman, for creating such a product. It would be a real pity if it were to be quickly crushed and killed by Tencent.

I'd like to remind Chen Cheng that if he can find a way to break the deadlock, that would be best; if not, I've done my part.

Chen Cheng was in class at that moment.

He was slightly surprised to receive Li Dong's message.

It wasn't that I was surprised that Tencent was making a product similar to Xiaonei.com, but rather that Li Dong would tell me this news.

In the Chinese internet industry, no matter what you do, you must always keep in mind what you would do if Tencent were to become your competitor one day.

He was reborn more than twenty years later, so he was naturally prepared for this.

He wouldn't dare say he could defeat Tencent, but he was confident he could make Xiaonei.com a rival to Tencent and prevent it from being killed by Tencent as soon as it launched.

So he replied to Li Dong: "Thank you, Manager Li. I will do my best to handle this."

After sending the message, he analyzed the current strengths, weaknesses, opportunities, and threats using the SWOT analysis method.

The advantages are naturally the first-mover advantage of Renren.com and the advantage of its leading products;

The disadvantages are: first, the research and development capabilities are not strong enough, and the advantages will inevitably be constantly caught up by the opponent; second, the economic foundation is not strong enough, and it cannot fight a tough battle that requires a lot of money.

There's no need to list all the opportunities. As long as you can withstand the pressure and stand firm, you're guaranteed at least the size of Renren.com in its previous life, or at least a listed company with a market value of several billion US dollars. There's no upper limit to what you can achieve, and it's not impossible that you might even replace Facebook.

The threat lies in Tencent's powerful ability to replicate its success and its unparalleled user base.

After analyzing the situation clearly, his first plan was to quickly acquire a large sum of money to prepare for the major battle.

The second thing is to seize the time to improve our R&D capabilities. The current size of more than 20 people is far from enough. The next step is to directly increase the team size to more than 100 people.

The third thing was to register a company, making everything formal, and at the same time no longer deliberately hiding his identity as the founder of Xiaonei.com.

So he quickly messaged the scalper at the vehicle management office, asking, "What's the price of a license plate today?"

The other party replied: "It's already 186,000 this morning."

"186,000?"

Chen Cheng was somewhat shocked, thinking, "This price increase seems to be faster than in my previous life. At this rate, it might break through the 200,000 mark before the 1st. It seems that the market has already surpassed that of my previous life."

Thinking about this, he couldn't help but start to carefully review what exactly influenced the market trend, making it heat up even faster than in his previous life.

First, I entered the market and took away eighty quotas.

Although eighty taxis are not a lot in the entire Jiangcheng taxi system, the situation is a little different for the last forty.

After I collected those forty quotas, the people of Wencheng immediately followed suit, which shows that I had disrupted their rhythm.

Moreover, he never expected that Lu Zhixing would inadvertently bring in a great traitor, Qin Jianshe.

Inspired by Chen Cheng's deeds, Qin Jianshe has been raising funds to acquire taxi license plates in the past few days.

He initially bought twenty at a price of 162,000, and then gradually acquired another ten or so. Moreover, this old guy became more and more aggressive with each acquisition.

The first batch of twenty indicators I bought a few days ago has already increased in price by 24,000, resulting in a floating profit of 480,000. Although the prices of the indicators I bought later have continued to rise, they have generally also yielded some profit.

In the few days since he invested in taxi licenses, his unrealized profit has reached 600,000.

In just a few days, he made a profit of 600,000 yuan. In Qin Jianshe's own words, he had never made money so easily in his life.

So now, he has to keep doing it.

He has already invested all of his own working capital, but he has contacted a private finance company to take out a loan to continue operating.

However, the targets are not so easy to acquire now. The people in Wencheng are also desperate and feel that the buyers in Jiangcheng are strong. They have adjusted their profit expectations and are still making acquisitions. They have no intention of cashing out and leaving.

The scalper told Chen Cheng, "Today's price will definitely exceed 190,000, and it shouldn't be a problem for it to exceed 200,000 tomorrow or the day after. Mr. Chen, would you like to consider releasing a batch? I have a big client, the boss I told you about last time. He bought 20 last time, and he's been buying more and more since. This morning he told me that he'll buy as many as he can get."

Chen Cheng consulted him about prices because he wanted to issue a batch of quotas first, get some money on hand, and prepare enough ammunition to deal with Tencent's next move.

Although Membership No. 1 was launched, the cashback expected after the launch of Membership and Campus Show is not very promising.

After all, he still has payment terms with his distributors.

With hundreds of distributors, each with a credit limit of 1,000 yuan, they won't repay unless they fully utilize it; this inherently involves a cycle.

Moreover, you should be prepared for some distributors to make a quick buck and run away, taking the thousand yuan and disappearing without a trace, and you can't really go after them to collect the debt.

Therefore, to receive the initial membership fees, it will take at least a few days after the membership service goes live before they will gradually arrive in your account.

Even if 100,000 people recharge their memberships in the first month, only 850,000 of the one million membership fees can be recovered. This amount is definitely not enough to fight a war of wits with Tencent.

As for the campus talent show, Chen Cheng felt that although everyone was very enthusiastic during the trial phase, once it officially started charging, there would definitely be a cooling-off period first, and then everyone's competitive mentality would gradually develop. It was unrealistic to expect it to bring back a lot of cash all at once.

Therefore, we must sell some of our quotas in the next few days and have a few million in hand to prepare for the future.

Jietong Company has forty targets, which are too large and not flexible to handle, so Chen Cheng plans to sell the company first and wait for the remaining forty targets.

In my past life, the TV report index reached 200,000 in just over a month. After reaching 200,000, it rose a little more before the news of the adjustment of the starting price caused it to start to decline.

Although the market for these indicators has changed compared to the previous one, the policy announcements should not be affected by me. Therefore, the price can rise for at least another ten days to half a month. There is no need to sell the remaining forty indicators at the previous price of 195,000. You can wait until around November 7th or 8th to sell them.

So he texted the scalper: "Help me ask around. My taxi company is selling forty license plates as a package. I'd like to sell the first one. Ask him if he's interested in taking them. Also, ask around for others."

Today is Monday, October 28th, and November 1st is Friday. In three or four days, based on the current market conditions, it can rise by at least 20,000.

That's 210,000.

Of course, the company transfer will take time, and if we really want to sell, we can't wait until the 1st. Chen Cheng only mentioned the 1st to have an advantage in negotiating the price.

After sending the message, without waiting for his reply, Chen Cheng sent another text message to the woman from Wencheng who had called him last time to inquire about Jietong Taxi.

"Mr. Qi, what price can Jietong Taxi offer now?"

The other party quickly replied: "Mr. Chen, if we can sign the contract today, the quota will be 190,000. I'll pay you the same price you got the car from Mr. Lin."

Chen Cheng thought to himself, "This woman is quite straightforward."

However, it's a bit early to start selling today.

After all, Li Dong also said that Tencent's similar products will be available soon, at least for a few days.

Moreover, Chen Cheng judged that since Tencent's similar products were about to be launched, when it was initiated, it must have been benchmarking itself against the previous version of its product.

In other words, it can only copy content from fishponds at most, and it absolutely cannot copy memberships, campus shows, or background music.

So he replied to the message: "Mr. Qi, I plan to make a move on number one. What price do you think number one can fetch?"

The other party replied, "Mr. Chen, I won't play games with you. Don't wait until the 1st to make your move. I'll add another 5,000 to your price, making it 195,000. What do you think?"

Chen Cheng replied to her: "That's too low, President Qi. With the current upward trend, it's easy to reach 210,000 on the 1st. We can talk again on the 1st. The 1st is Friday, so it won't delay our trip to the business office to sign the contract and transfer the property."

The other party replied: "Mr. Chen, 210,000 is just an estimate. The actual trend is still uncertain. How about we compromise? I'll give you 200,000. I can't go any higher."

At this moment, the scalper replied to Chen Cheng: "Mr. Chen, the boss said there's no need to wait for the 1st. Forty quotas will be sold as a package today, with a unit price of 200,000!"

Both are 200,000, but the boss who is the scalper directly quoted this price, so there is definitely room for negotiation.

So Chen Cheng replied to him: "Tell him the price is 210,000 yuan per unit, and the contract can be signed and the transfer procedures can be completed at noon today!"

(End of this chapter)