I can become stronger by paying salaries. I have one billion employees!

Chapter 306 O2O Strategy in South China! Dad, I want to drop out of school. I saw a ghost last night!

Did I sleep for twelve hours?

Chen Yansen stared blankly at the clock on the wall, realizing that activating the Planck Clock consumed far more energy than expected.

Although his mental strength had recovered, his stomach was growling loudly from hunger.

The refrigerator door popped open automatically, and a pineapple bun and a bottle of milk flew straight into Chen Yansen's hands. He ate them in big bites, finishing the bun in two or three bites, and the 650 ml bottle of fresh milk was gone in the blink of an eye.

not enough!

Chen Yansen then ate two more pineapple buns and drank a bottle of fresh milk, which slightly relieved his hunger.

A long sigh of relief!

Chen Yansen collapsed onto the sofa, marveling at the terrifying nature of this talent.

My mind raced for three hours, but in reality, only three seconds had passed. It was as if I had entered God mode, and I even had the illusion of controlling everything.

If he continues to strengthen his mental power, he can remain in the Planck Clock talent state 24 hours a day. Then, there will be no secrets in the fields of mathematics, physics, chemistry, astronomy, and life sciences.

Thinking of this, Chen Yansen brought up the system panel.

There are 27 remaining threads of humanity and 105 remaining threads of divinity. The spirit value is 100 and the physique value is 10.1.

Just as he had expected, below the Divine Flame, there was now an option to synthesize Immortal Flame.

Every 100 strands of divine fire combine to form one strand of immortal incense.

"Try it!"

With a thought, a wisp of purple mist, as thin as a strand of hair, appeared out of thin air and suddenly entered between Chen Yansen's eyebrows.

In an instant, starlight blazed in my mind, as if I were wandering in an endless galaxy, and my brows were filled with clarity.

A few breaths later, his mental strength value became 100.01!

Although it only increased by 0.01, Chen Yansen clearly felt that the diameter of his divine sense detection and the upper limit of the weight he could control had both increased.

He didn't waste the remaining five strands of divine flame; he added them all to his physique.

Once the maximum weight of the object being controlled exceeds one's body weight, simply wrap your mental energy around your waist a few times, and the resulting buoyancy will offset some of the gravity. The problem of excessive weight caused by the density of muscles, bones, blood, and flesh will be solved instantly.

When your constitution reaches 10 points, you can awaken the [Rhinoceros Skin and Tiger Bones] talent, which makes you impervious to water and fire and invulnerable to swords and spears. What about 100? What about 1000?
For a moment, Chen Yansen was filled with anticipation!

It took a minute for my emotions to gradually calm down.

I took off my dirty clothes, went into the bathroom for a hot shower, brushed my teeth and washed my face, then changed into a clean and refreshing set of casual clothes before pushing open the door and walking out.

Arriving on the first floor, I got into the driver's seat of the Bentley Mulsanne and sped off towards the science park.

A better technical solution has been found for the intelligent memory compression problem of Aurora Future OS, so Chen Yansen naturally wants to start from scratch.

Ten minutes later, Chen Yansen parked his car, walked straight into office building number nine, opened his office door, turned on his computer, and began working.

The science park was deserted on the weekend; apart from a few staff on duty and online customer service personnel, most employees were on vacation.

After passing through the initial development stage, Pinbei, Orange Technology, Today Technology, and Orange Payment gradually reduced overtime work as the number of employees increased.

The original 997 work schedule has been changed to 986.

This means that employees can work two hours of overtime on weekdays and six hours of overtime on Saturdays, allowing them to balance work and life while also earning a substantial overtime income each month.

Of course, some employees who are not short of money choose the 9-to-5 work rhythm.

Chen Yansen did not object to this. The overtime pay mechanism was in place. If you wanted to earn more money, then work overtime; if you didn't want to work overtime, the company would not use this to restrict employees' quarterly bonus evaluation and promotion.

The morning passed quickly. Chen Yansen looked up, got up and walked to the window, where he saw Song Yuncheng downstairs.

She's really going all out!
Chen Yansen smiled faintly. With Song Yuncheng's abilities, even if he left him now, he could easily find a job as a business development director in a major internet e-commerce company, with a monthly salary of no less than 50,000 yuan.

After all, he personally trained them.

While Chen Yansen was busy developing his own system, Wang Xin met with representatives from Sequoia Capital and General Atlantic at Meituan's headquarters in Yanjing.

With no one interested, Wang Xin also turned his attention to foreign investment.

Fortunately, European and American investment institutions highly value the Chinese market with its 14 billion people, even though Meituan was besieged on all sides and had lost its title as the industry leader.

However, Hong Jing, general manager of General Atlantic's Yanjing branch, did not hesitate to invest in Meituan.

Because whether it's food delivery or group buying, Meituan has certain value in terms of business model, industry development, and market potential.

"Mr. Wang, as far as I know, last June, Meituan received a joint investment of $8000 million from Alibaba and Sequoia Capital, valuing the company at approximately $1.96 million post-investment. Meituan's market share rose from 6.7% to 23.9% over the course of a year, but has recently declined by three percentage points..."

Hong Jing sat in Meituan's conference room and spoke slowly and deliberately.

Beside her sat several financial analysts and legal advisors from General Atlantic, all impeccably dressed in suits, exuding an air of sophistication.

Neil Shen of Sequoia Capital sat directly opposite, expressionless and silent.

Upon hearing this, Wang Xin was about to argue when Hong Jing waved her hand and said, "Mr. Steven has a good understanding of Meituan's organizational structure and business model, and he is quite satisfied with your operational skills, but I cannot agree to the valuation offer of 10 billion US dollars."

Steven Denning is the chairman of General Atlantic and has a lot of influence within the group. Logically speaking, given Hong Jing's investment acumen, she would never have a high opinion of Wang Xin and Meituan. However, since the big boss has spoken, she can only obediently carry out his orders.

“A maximum of $5 million, otherwise, General Atlantic would rather withdraw.” Hong Jing crossed her arms and added before Wang Xin could react.

“If it’s 5 million, Sequoia Capital can accept it too,” Shen Nanpeng said, slowly straightening up.

Although he was optimistic about Wang Xin and Meituan, as a mature investor, he believed that the only way to maximize the return on investment was to acquire more equity with the least amount of capital.

As for our friendship?

Businessmen don't have time for sentimentality!

“8 million US dollars, that’s my bottom line,” Wang Xin replied, his face tense, enunciating each word clearly.

He doesn't want to sell his Meituan shares at a bargain price!

"Lashou.com was sold for $4.2 million, Nuomi.com for $1.5 million. Meituan has a slightly higher market share, but that doesn't justify a 100% premium. $5 million is General Atlantic's highest offer. If Mr. Wang doesn't agree, we can discuss it again next month."

Hong Jing pursed her lips slightly, a disdainful smile playing on her lips.

To maintain its market share, Meituan has to invest heavily in marketing activities and channel acquisition every day, but it not only fails to make money, it also loses tens of millions of US dollars every month.

Without investment from General Atlantic and Sequoia Capital, Meituan might not even survive until the end of the year.

Hong Jing knew, Shen Nanpeng knew, and Wang Xin knew.

After pondering for a while, Wang Xin sighed deeply and nodded heavily.

Although General Atlantic and Sequoia Capital were suspected of taking advantage of his misfortune, he had no better options.

Since Meituan has an AB share structure, Wang Xin is not afraid of losing controlling stake.

The three parties reached a preliminary cooperation agreement, with General Atlantic leading the investment and Sequoia Capital participating as a follow-on investor, which will provide Meituan with a total of US$7500 million in development funds.

The funding was successful, but the valuation was far below Wang Xin's expectations. Simply put, Wang Xin's strategy was to ensure Meituan's survival first, and then plan for future development.

Equity can be very important at times, and worthless at others.

the other side.

After communicating with Hillhouse Capital, Capital Today, and Overseas Asia, Li Yanhong's expression grew increasingly gloomy. Without exception, all of these companies refused to make additional investments.

Legend Capital remains very interested in the Didi Chuxing project, but Zhu Nanli's request puts him in a difficult position; the other party wants to promote Liu Yiqing to the position of Didi Chuxing CEO.

Li Yanhong resolutely refused!
The subsidy war between Kuaidi and Didi Chuxing burned through nearly a billion yuan in just four months. For ordinary venture capital firms, these two companies were a safe haven!

Even with such fierce competition in the group-buying wars, monthly losses still don't reach 200 million!

Trying to use them as scapegoats? No way!

Moreover, the battle between Didi and Kuaidi, which appears to be a fight between ride-hailing platforms, is actually a game of capital behind the scenes.

Behind Didi stands Baidu, and behind Kuaidi stands Senlian, Tencent, and Ali.

Everyone has plenty of traffic and funds; the current situation is just a matter of who can't hold on any longer!

Li Yanhong wanted to learn from Chen Yansen's approach and bring in more venture capital firms to share the investment risks, but he was too late. Both internet capital and state-owned capital had already been brought into the Kuaidi Dache camp by Chen Yansen.

Unless there is a major operational error by Kuaidi Dache, no one will temporarily change their investment target.

"Try Apple or Temasek."

After careful consideration, Li Yanhong asked his assistant to arrange a meeting with the investment department president of Ping An or Temasek.

Didi Chuxing was losing as much as 300 to 400 million yuan every month. The 600 million yuan raised in its Series D funding round was almost used up, so Li Yanhong was thinking of launching the Series E funding round as soon as possible.

at the same time.

After completing his market layout in North China, East China, and Central China, Cheng Weixing set his sights on the South China market.

The city is densely populated with a large travel demand and a resident population of 1.7 million, generating at least 100 million orders per day.

First conquer South China, then take over Northeast China, and you can basically capture 80% of the national market share.

At that time, Didi will be like a child compared to the size of Kuaidi Dache.

"Give a heads-up to President Xiao and Lao Pei, and together we'll expand Gaode Maps' O2O strategy to cover the southern market."

Cheng Weixing muttered something under his breath, then initiated a video conference.

"Mr. Cheng, what's the matter?" Pei Yi asked casually, looking at the camera.

"I plan to expand Kuaidi Dache's business to South China, and I need the traffic support from President Xiao and President Pei."

Cheng Weixing said with a smile.

Kuaidi Dache has channel entry points on Kuaipao's PC and APP platforms, as well as on Gaode Maps. It is with the assistance of Kuaipao and Gaode that Kuaidi Dache has been able to firmly suppress Didi's market share to below 20%.

"So fast? No problem," Xiao Jun readily agreed, smiling broadly.

He can earn a commission from every order completed through Gaode Maps by Kuaidi Dache and Kuaidi Dache, thereby increasing revenue and improving profitability.

All three companies are subsidiaries of Senlian Capital, so they cooperate naturally and have no obstacles in internal communication.

“South China market? OK!” Pei Yi nodded in response.

His men had successfully infiltrated Meituan and learned of Wang Xin's plan to expand into the South China food delivery market.

Is the other side trying to avoid a direct confrontation?
He deliberately prevented Wang Xin from getting his way!
The three of them chatted for more than half an hour before finalizing the marketing plan for the South China market. Finally, they jointly sent a work email to Chen Yansen.

……

……

"South China market? Pei Yi and Cheng Weixing's expansion speed is not slow. In just over half a year, they have already taken over the North China, East China and Central China markets."

Chen Yansen opened the email, scrolled through the three people's plans in just two or three seconds, and found that there were no major problems; it was a complete replication of their previous success.

It may seem aggressive, but it is actually a step-by-step, steady and methodical approach.

Chen Yansen didn't think much of it and immediately approved it.

Under Cheng Weixing's leadership, Kuaidi Dache has consistently maintained a leading position in the ride-hailing market.

In terms of project operation and management capabilities, he is in no way inferior to Cheng Wei.

There are countless talented people in this world, but most of them simply haven't met a mentor or a stage to showcase their talents.

As dusk settled outside the window, Chen Yansen ate dinner at the company cafeteria before driving back to the virtual college.

As soon as I got off the bus, my phone rang in my pocket.

"Teacher Tang, what can I do for you?" Chen Yansen pressed the answer button and asked with a smile.

"You haven't forgotten about tomorrow, have you?" Tang Qingshan asked tentatively.

"The speech is all ready," Chen Yansen said casually.

"That's good. You're the star of our Void Academy. Many freshmen apply to Void City Academy because of your reputation."

Tang Qingshan said with great emotion.

Come on!
Chen Yansen curled his lip in disdain. Others might not know, but he certainly did.
At least a third of the freshmen who come to the Virtual College are experts who barely passed the second-tier university entrance exam. Where else can they go if they don't come to the Virtual College?

"Okay, I understand." Chen Yansen pretended to be clueless and didn't point it out.

"Okay, then I won't bother you anymore. Remember to get some rest and recharge your energy," Tang Qingshan reminded him before hanging up.

It's just a welcome ceremony, is it really necessary to make such a big deal out of it?
Chen Yansen put away his phone and shook his head helplessly.

Just as I was about to go upstairs, I heard a noisy argument coming from the door of the boys' dormitory number six.

"Dad, I want to drop out of school! This lousy school is terrible. There are mantises and grasshoppers on the balcony, and I even saw a ghost last night!"

"Stop flaunting your wealth! I've already paid the tuition, so you'd better stay put. Want to change schools? Take the postgraduate entrance exam yourself! Stop making up all sorts of things and causing trouble for your old man!"

Ah Piao?

Could this be referring to me?
Chen Yansen's expression froze, and he thought to himself.

His divine sense could only detect objects within a 30-meter radius. He was so engrossed in floating around last night that he hadn't noticed and it was quite possible that someone had seen a blurry figure of him.

Sigh, we have to be careful.

Chen Yansen didn't want rumors of ghosts spreading about the virtual academy, so he made up his mind not to easily turn on flight mode.

(End of this chapter)