I'm in the county town, and you say I'm a big shot?

Chapter 330, 329: "Go find Chenyang for the money, and ask Xuhao for the person!"

“We at Ele.me will also launch a group-buying website!” Kang Jia immediately said, “I mentioned this point earlier too. We’ll copy Meituan’s approach, go head-to-head, and fight them to the death. I refuse to believe we can’t beat them!”

"That's putting the cart before the horse!" Deng Ye retorted without hesitation.
"If Meituan eventually shifts its focus to the food delivery industry, and we are already the industry leader in food delivery, why waste so much energy and resources on group-buying websites? We should continue to expand our advantages in the food delivery industry!"

"Meituan is expanding its online presence, while we're expanding our presence in the real world! Let's see who's stronger!" Deng Ye concluded.

"Deng Ye, can you expand Ele.me to 40 cities within two years?"

Kang Jia only asked one question in return, and Deng Ye fell silent.

Yes, besides the four cities that have already started offering food delivery, there are still 36 more. Wow!

They plan to open in 18 cities every year!
Damn it! Let’s fight!
"Yes!" Deng Ye suddenly stood up and shouted, "As long as you give me money and people, I can do it!"

"Good! I like this courage!"

Fang Qingye slammed her hand on the table and stood up: "Go find Chenyang for the money, and ask Xuhao for the person!"

Zhang Xuhao listened with a wry smile.

He originally planned to take a steady and methodical approach, but it seems that won't work!

“Okay, I agree with Deng Ye’s approach. Let’s change our plan and expand Ele.me’s business to 40 cities within two years!”

“I agree. We shouldn’t underestimate Wang Xing, but we don’t need to be afraid of him either!” Wang Yuan said.

"Holy crap. You guys are all on fire? Let's go after that bastard Wang Xing!" Kang Jia chimed in.

He likes to banter with Deng Ye, but once most of the team makes a decision, he will actively respond.

"I support it too." Wang Chenyang said, glancing at Fang Qingye as if he wanted to say something but then hesitated.

Fang Qingye ignored him and continued, "Since everyone agrees to speed up the expansion, let's revise the plan. Please refer to this financing report carefully; there are many things we can learn from it."

Everyone then shared their opinions, and the meeting adjourned.

Fang Qingye also has his own office at Ele.me. Although he doesn't come here often, it's always kept very clean. He had just gone in and made himself a cup of tea when Wang Chenyang knocked on the door and came in.

"Chenyang, you seemed hesitant to speak during the meeting. Were you talking about funding?" Fang Qingye asked.

"Yes, the 5000 million yuan we raised from Tuofang last year was originally planned to last until the end of this year, but at the current rate, it will probably be spent within two months. So we need to raise more funds, at least 5 to 6 million yuan this time, otherwise it will be spent again very soon."

After listening, Fang Qingye took a sip of tea and said calmly, "Tuofang will continue to invest."

“I’m afraid Zhang Xuhao and the others might not agree. They’ve always wanted to bring in other investors,” Wang Chenyang said bluntly.

"Let me tell you something else. Alibaba once sent people to contact Zhang Xuhao. They are very interested in Ele.me."

“I disagree.” Fang Qingye refused decisively: “I have a veto right when it comes to choosing investors.”

Wang Chenyang looked at Fang Qingye with surprise, but didn't say anything.

"Chenyang, what do you think Ele.me's valuation can reach now?" Fang Qingye suddenly changed the subject.

"Based on the expansion rate at today's meeting, I estimate that it will soon reach 25-30 billion. Of course, this is just my personal opinion, and a professional accounting firm should conduct an assessment."

"Okay, report to Xuhao and start reassessing Ele.me's valuation. I'll handle the investment."

"it is good!"

After Wang Chenyang finished speaking and left the office, Zhang Xuhao knocked on the door and came in a few minutes later.

"Sit down, sit down, Xuhao." Fang Qingye was quite enthusiastic towards Zhang Xuhao. After Zhang Xuhao sat down, he hesitated for a moment before saying, "Chairman Fang, there's something we forgot to discuss earlier, which is funding. I guess President Wang told you that according to the expansion speed we discussed in the meeting, the funds on hand will soon be used up, and we need to raise funds again."

Fang Qingye nodded. "Tell me your financing ideas."

"Chairman Fang, we have had a very pleasant cooperation, and I greatly admire your courage and strategic vision. Therefore, I welcome Tuofang to continue investing, but I would like to introduce other strategic investors."

"Oh? Do you have a suitable investor?" Fang Qingye asked calmly.

“A while ago, someone from Alibaba contacted me. He was very interested in Ele.me,” Zhang Xuhao said.

"I disagree with Alibaba's investment."

Fang Qingye's frankness surprised Zhang Xuhao: "Why?"

"It's very simple. Companies that have been invested in or acquired by Alibaba have not fared well. For example, Alibaba acquired Yahoo! China in 2005. Do you still visit Yahoo! China now?"

"And then there's Koubei.com, which was on par with Dianping.com. It received strategic investment from Alibaba in 06, but then merged with Yahoo! China in 08, and in 09 it was simply merged into Taobao! Do you want Ele.me to become the next Koubei.com?!"

"And Wanwang. In short, don't get involved with Alibaba. That's a behemoth that will swallow everything!"

Even your Eleme (a food delivery app) will be kicked out.

Of course, Fang Qingye didn't say that last sentence.

Seeing Zhang Xuhao's dejected expression, Fang Qingye patted him on the shoulder and said, "I'll take care of finding investors. Don't worry, if you cooperate with me, you will always be the CEO, including your partners. I will only do strategic planning, like today."

Zhang Xuhao nodded.

Although he felt somewhat unhappy at times, he had to admit that Fang Qingye's decision was correct.

Ele.me identified its competitors early and developed countermeasures.

After Zhang Xuhao left, Fang Qingye sat on the sofa drinking tea and fell into deep thought. Suddenly, he thought of something, took out his phone from his pocket, and dialed Shi Guangrong's number.

"Glory, are you free tomorrow? Let's go fishing together."

"Great! I was just about to ask you out. How about we go to Dianshan Lake?" Shi Guangrong laughed on the other end of the phone.

“Okay, but I don’t have a car. You’ll have to drive to pick me up and bring me a set of fishing gear.”

"No problem, I'll come over first thing tomorrow morning and have breakfast at your hotel."

"OK!"

Fang Qingye drove back to the hotel. The next morning, Shi Guangrong arrived early in his Audi. After having breakfast at the hotel, the two drove to Dianshan Lake.

It's early spring now, and the forsythia is blooming by the lake. The golden petals sway gently in the breeze, making them look very beautiful.

The lakeside was quiet and deserted, but it was the perfect time for fishing.

Fang Qingye had everything ready. She threw the fishing line into the water, sat on a stool, looked at Shi Guangrong not far away, and suddenly said something.

"Glory, would you like to invest?"

"Invest in what?" Shi Guangrong turned his head and asked.

"Ele.me Company".

(End of this chapter)