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

Chapter 573 An Encounter with Ma Yun
"Chairman Fang, Ele.me and Meituan are currently engaged in fierce competition in the food delivery industry. Approximately what market share do you have now?"

“80%, Meituan takes 15%, and the remaining 5% is divided among Fantong.com, Lashou.com, Taodian.com, and others,” Fang Qingye said.

“Meituan is impressive. They’ve only been in the food delivery industry for a little over four months, and they’ve already captured 15% of the market,” Zhao Yanjing said, head down, gripping the pole with both hands.

“Yes, they are indeed coming on strong.” Fang Qingye did not deny this: “According to our investigation, since entering the food delivery industry in early November, Meituan has established its network in 30 large and medium-sized cities and 100 counties, averaging one large or medium-sized city every three days and one county every day.”

"Such speed?" Zhao Yanjing was somewhat surprised, stopping his movements and looking up at Fang Qingye.

"Yes, it is indeed very fast."

Are you hungry?

"From November to now, 40 large and medium-sized cities and 180 county towns have been newly expanded."

"Huh? You guys are faster?!" Zhao Yanjing looked incredulous.

“I have read your last financing report. You plan to cover all prefecture-level cities and above, and half of the county-level cities within two years. At this rate, one year should be enough.”

"We originally planned to complete this in one year, but for some reason, the financing report stated it would take two years. All our plans were set up around completing these goals in one year!"

"Haha, Mr. Fang, you're deliberately showing weakness." Zhao Yanjing laughed, took a shot, and watched the ball fly into the distance.

"That's one factor to consider. Another is the funding issue. I'm afraid that raising 50 to 60 billion yuan in the market at once would scare investors away."

Zhao Yanjing nodded in agreement.

"Chairman Fang, how much market share do you estimate Ele.me will ultimately capture in the food delivery industry?"

"At least 70%, it could even reach 75%."

"So, Meituan can only increase by a maximum of 10%?!"

"Yes, although Meituan is aggressive, there is an old saying that goes, 'One should strike while the iron is hot, but the second will be weak and the third will be exhausted.' Our biggest advantage over Meituan is that we have a relatively mature management system, and we are better than Meituan in terms of refined operations."

"What we need now is time," Fang Qingye concluded.

"There's still funding," Qiao Yongfeng added from the side.

"Haha." Fang Qingye and Zhao Yanjing laughed at the same time.

"Chairman Fang, let me ask you another question. Does Ele.me have any plans to go public?" Zhao Yanjing asked again.

Upon hearing this question, Qiao Yongfeng, who was standing next to Fang Qingye, also looked at her, since his Bangcheng International had invested 100 million yuan in Ele.me's second round of financing.

"Have!"

This was the first time Fang Qingye had shared his thoughts with potential investors: "Ele.me's current goal is to defeat Meituan. The next step is to refine our operations, strive for profitability, and prepare for an IPO, tentatively set in Hong Kong."

"Oh, Chairman Fang, could you give me a report on Ele.me, including its planning, operations, and finances?" Zhao Yanjing said.

“Okay, I’ll have our CEO prepare it immediately and deliver it to you as soon as possible,” Fang Qingye agreed immediately.

"OK, I'll send it to my email address later."

Up to now, the important matters have been discussed.

This investment involves hundreds of millions of yuan, and it's not something that can be decided on a whim. Besides, Jiantou Huake is a central state-owned enterprise with a strict approval system.

"Chairman Fang, do you know a girl named Huang Tao, and her younger brother named Huang Hua?" Zhao Yanjing suddenly asked.

Ok?
Fang Qingye immediately glanced at Qiao Yongfeng, who was preparing to hit the ball. Qiao Yongfeng seemed to sense his gaze and shook his head slightly.

That means I never told Zhao Yanjing about the siblings!

However, since the other party had asked this question, they must know about the siblings, so I answered frankly, "I know Huang Tao. We met online by chance. She is currently pursuing her doctorate in the United States."

"Oh, I see. Okay, I was just asking."

Who knows if you're just asking casually?!

Based on Shi Guangrong's previous introduction of Zhao Yanjing's background, he seems to be among the second or third generation of Yanjing's financial circle, perhaps even more familiar with Huang Tao.

However, he is completely open and honest about his relationship with Huang Tao.

The three played a game, and around noon they prepared to go for lunch. Just as they left the golf course and got into their electric cart, another cart came towards them, carrying a familiar figure. Wasn't that Shen Nanpeng?
There was also a short, middle-aged man nearby.

It must be Ma Yun from Alibaba?!
These two are here to play golf too?!

Besides these two, there were two other girls in the car behind, Zhang Xiaoxiao and Zhuang Yan.

Ah?
Luckily, I didn't call Zhang Xiaoxiao to make an appointment; she already has someone else.

Shen Nanpeng also noticed the people sitting on the electric scooter coming from the opposite direction and immediately told the driver to stop.

"Mr. Fang, playing ball with your friends?" Shen Nanpeng greeted him.

"Yeah, you too?"

People got out of both cars.

"Who are these two?" Shen Nanpeng asked, looking at the two people behind Fang Qingye.

"Let me introduce."

"This is Mr. Qiao Yongfeng, General Manager of Bangcheng International Trade Group, and this is Mr. Zhao Yanjing, General Manager of Jiantou Huake."

Shen Nanpeng seemed to have no reaction when he heard about Bangcheng International, but he was clearly stunned when he heard about Jiantou Huake. Even Ma Yun behind him casually glanced at Zhao Yanjing.

"This is Mr. Shen Nanpeng, General Manager of Sequoia China."

After Fang Qingye finished her introduction, she looked at Ma Yun behind Shen Nanpeng.

Ma Yun smiled and took the initiative to speak: "Alibaba, Ma Yun."

As expected, it's Ma Yun from Alibaba.

This was the first time Fang Qingye had met this legendary bigwig in real life.

He is currently in the prime of his life.

Unfortunately
Ten years later, you voluntarily give up Alipay, which you were so proud of.

The green hills cannot block its flow; it will eventually flow eastward.

"Hello, Mr. Ma."

Fang Qingye smiled and extended her right hand.

"Hello, Mr. Fang, I've heard of you before." Ma Yun said in his Mandarin with a Hangzhou accent, "This is the first time I've met you. You're so young. It reminds me of the days after I graduated from Hangzhou Normal University. But Mr. Fang, you are much more famous now than I was back then."

"Mr. Ma, you're welcome."

Of course, it wasn't just the two of them shaking hands and exchanging pleasantries; Qiao Yongfeng and Shen Nanpeng also shook hands and greeted each other.

After a brief chat, they each got into their respective cars and left.

On the electric scooter, Zhao Yanjing said, "Ma Yun and this Shen Nanpeng seem to have a good relationship."

"I heard that's true; the two of them often play golf together," Fang Qingye replied.

“Oh, Ma Yun is a business genius, but unfortunately he’s too high-profile, which doesn’t conform to the Chinese doctrine of the mean, and makes some people dislike him.” Zhao Yanjing seemed to be talking to himself.

some people?
Who are they?

However, Fang Qingye didn't ask.

On another electric scooter, Ma Yun and Shen Nanpeng were also chatting casually.

"President Shen? How does Fang Qingye know the CEO of Jiantou Huake?" Ma Yun asked.

“I really don’t know that,” Shen Nanpeng said with a smile. “I originally thought that he knew some angel investors and some shady characters in the futures market, but I didn’t expect that he also knew the CEO of a state-owned financial enterprise.”

"It seems Fang Qingye's attention has already turned to state-owned enterprises," Ma Yun muttered to herself, looking at the spring scenery outside.

Shen Nanpeng did not respond.

(End of this chapter)