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

Chapter 479: Early IPO, Early Fundraising, Valuation of 680 Billion US Dollars! Fresh Blood for Kuaipao!
"I believe all the waiting will be worthwhile; the Shiny Orange X2 will be a revolutionary flagship model."

Half an hour later, Chen Yansen responded.

The accompanying image shows a Tiangong A100 chip!

"Tiangong A100? Could it be the processor in the Yaocheng X2?"

Is Orange Technology also developing mobile phone chips?

"Didn't they release the Tiangong T100 before? It's said that Xiao Ai and Amazon's Echo smart speaker both use this AI chip."

"Remove the 'it is said'! It seems that the Tiangong T100 is just a trial product of Tiangong Technology. The performance of the A100 is definitely not worse than the Snapdragon 800. Otherwise, given Chen Yansen's personality, he certainly wouldn't have built it into the Yaocheng X2."

Netizens are discussing this extensively, and it must be said that the last person's point is quite valid.

Anyone with a discerning eye can see that Yao Cheng is Orange Technology's high-end series, and each product represents the company's R&D strength and image.

Would Chen Yansen gamble with an immature product?

Absolutely not!

"Mr. Chen, when will the Shiny Orange X2 be released? It's not going to be released in 2014, is it?"

"The iPhone 5s goes on sale next Tuesday! Mr. Chen, send Apple back to its hometown!"

"I want to get a new phone, but I'm not satisfied with the Neo X1. I want to wait for the Neo X2, but I don't know how long that will take?"

Chen Yansen glanced at the comments section but did not reply again.

He sat on the soft couch by the pool, picked up a large bucket of fish food, and lavishly tossed it towards the area where the koi were gathering.

"Master, everything is ready."

At this moment, Song Yuncheng, dragging two oversized 26-inch suitcases, walked up to Chen Yansen with a smile and said.

"Let's go."

Chen Yansen had his hands in his pockets, clearly not intending to help Song Yuncheng.

Song Yuncheng was already used to it, pushing his suitcase and following behind like a little shadow.

Upon seeing this, Huang Boxiang quickly took the suitcase, put it in the trunk, then climbed into the driver's seat and sped off towards Pengcheng Guanyin Airport.

"Is Oslo the first stop, just like last year?"

Song Yuncheng asked in a low voice.

“Let’s go to Reykjavik first. We can see the Northern Lights and whales leaping out of the sea,” Chen Yansen replied casually.

The Tiangong A100 chip has entered the tape-out stage. Before the new product launch, he didn't have anything important to do in Xucheng, so he took Song Yuncheng on a business trip to Northern Europe.

Although it may sound a bit far-fetched, Senlian Capital does indeed hold a 5% stake in Spotify.

It was purchased for $1.4 million last year and is now worth $2.9 million, more than doubling in value.

It wouldn't hurt to take a trip to Spotify's headquarters while we're at it.

Therefore, business trips accounted for only 1% of this trip, while leisure activities accounted for 99%.

Shortly after, Huang Boxiang drove into Guanyin Airport, and then boarded his boss's Gulfstream 550 private jet with Chen Yansen, Song Yuncheng, and two security personnel.

I'm finally getting better. It was my first time on a private jet and my first time going abroad.

After boarding the plane, Lao Huang sat obediently in his seat, lost in thought.

at the same time.

Meitu launched its overseas version, BeautyPlus, marking the beginning of its international expansion.

Lenovo surpasses HP to become the world's number one PC market share holder for the first time.

Tesla has opened an office in Shanghai and launched pre-sales for the Model S and Model S LR on its official website.

The former's base model is priced at 73.9 yuan, the high-end model at 85.9 yuan, while the Model S LR is priced as high as 119.9 yuan.

To Musk's surprise, there were even more Chinese consumers than he had imagined, with 671 vehicles sold on the first day of launch.

Among the first batch of people to place orders for the Model S LR were Lei Yijun, He Xiaopeng, and Li Xiang.

Baidu took the initiative to back down and successively canceled the subsidy activities for Baidu Takeaway, group buying and Didi Chuxing. This O2O war, which lasted for three months, left Li Yanhong physically and mentally exhausted.

Although Pei Yi can still hold on, ending the price war is a positive thing for Kuaipao's development.

The 60 billion yuan investment by Senlian Capital and Qiandu is not without value; at least the food delivery, group buying, and ride-hailing markets have almost doubled in size compared to six months ago.

Of course, the hot sales of low-end models such as Qingcheng, 360, and Redmi, the emergence of numerous internet phone cards, and the widespread adoption of payment tools such as Orange Pay, WeChat Pay, and Alipay have also increased the market size to some extent.

In early June, Kuaipao's daily takeout orders reached 1000 million, group-buying orders reached 400 million, and grocery orders reached 170 million.

Currently, the daily average number of food delivery orders is 18 million, group-buying orders are 7.3 million, and grocery delivery orders are 5.7 million, totaling 31 million, accounting for 80% of the market share.

Excluding the R&D, operations, and business development personnel at headquarters and branches across the country, the number of full-time riders alone has soared from 9 to 17, an astonishingly rapid expansion.

The number of part-time riders was initially only over 6 due to the limited registration permissions, but now it has exceeded 30.

In the competition with Baidu, the biggest advantage of having a large number of employees is that when the other party's operations and business development personnel encounter them offline, they often turn around and run away, for fear of running into the hot-tempered Kuaipao ground promotion manager and getting beaten up.

After all, if a fight really breaks out, a Kuai Pao deliveryman standing at the intersection shouting can attract dozens of Yunsu Express couriers, Kuai Pao riders, and staff from Orange Direct Stores.

Others receive a base salary, social insurance and housing fund benefits, and quarterly bonuses; we are all colleagues.

Most of Qiandu's delivery riders are outsourced, dispatched, or temporary workers. In their eyes, Kuaipao's employees are their "future colleagues." So, even when they see Kuaipao's sales staff chasing and beating up Qiandu's business manager, they just stand by and watch, muttering under their breath, "Kill these bastards!"

To them, the technical staff at Baidu's headquarters only ever push for faster delivery times and lower prices.

Most of the delivery riders from Baidu Waimai, after becoming familiar with the routes and the layout of surrounding shopping malls, will switch to Kuaipao as soon as possible.

Thousand degrees?

I wouldn't even want to give away a dog!
Some delivery riders work part-time by running errands during the day and then use Baidu at night. After a while, most of them give up on Baidu.

Because in terms of unit price, order dispatch, route planning, order completion rewards and guarantee system, Qiandu is no match for Kuaipao.

After seeing Li Yanhong tighten his defenses, Pei Yi convened a meeting overnight with the business general managers of East China, North China, Central China, Northeast China, Southeast China, and Southwest China regions to formulate policies and launch a counterattack against Baidu.

Although Baidu only holds less than 20% of the market, that still represents seven to eight million orders a day, so it's not something they can afford to miss.

The first batch of college graduates recruited were assigned to branch offices across the country after a month of training, where they were responsible for food delivery, group buying, or grocery delivery services.

Li Zijie is one of them.

Kuaipao (a job placement service) typically assigns candidates based on proximity, allowing them to choose either the interview location or the address on their ID card.

The reason is simple: employees are generally more familiar with the place where they grew up or the city where they went to university, and they can handle business with ease.

For example, assigning an employee from Nanjing to the unfamiliar Northeast market would naturally put them at a disadvantage.

Li Zijie is from Luzhou. He studied in Shanghai and, after some consideration, chose to stay in Shanghai.

"Ah Jie, I heard you're from Luzhou?" Xu Xianguo, who was walking ahead, suddenly turned around and asked.

He is the ground promotion manager of the Pudong Chuansha station. He has been with Kuaipao for two years and is considered a veteran employee. He is also Li Zijie's business "mentor".

After Li Zijie becomes a full-fledged employee, he will receive a "teaching bonus" of 2000 yuan.

This is Kuaipao's "mentoring" model.

Because of the bonuses, the veteran employees were very enthusiastic towards the new employees.

From work to the details of life, Xu Xianguo would provide meticulous guidance, fearing that Li Zijie might not be able to adapt to the fast-paced field promotion work and might quit without a word.

It wasn't that he was reluctant to part with Li Zijie; it was mainly the 2000 yuan commission.

“Yes, Brother Xu,” Li Zijie replied.

"Why didn't you choose Luzhou as your work location? Luzhou was the former headquarters of Kuaipao, and the foundation there is solid. As long as you move the original food delivery merchants and Baidu merchants to Kuaipao, you can just sit back and collect commissions."

Xu Xianguo asked curiously.

"I just wanted to get away from home," Li Zijie casually made up an excuse.

His ex-girlfriend lives in Luzhou. Given the nature of her job as a sales manager, you never know when you might bump into her on the street.

That's why he doesn't want to go back to work in Luzhou.

In addition, Shanghai has a large population and a developed economy, while the income of Kuaipao ground promotion managers mainly depends on the commission of group purchase transactions. Staying in Shanghai is the only way to earn more money.

"Actually, I would like to go back to my hometown, but I can't bear to give up the business resources in Shanghai."

Xu Xianguo is in his early thirties. His wife has just given birth, and he and his parents live in their hometown of Hangzhou.

If he applies to be transferred back to his hometown, he will lose the business resources he accumulated in the past two years, and he will have to start all over again when he returns to Hangzhou.

"Brother Xu, why don't you go back to your hometown and transfer all your business resources to me?" Li Zijie chuckled and joked.

"Stop daydreaming. If you want to make money, start by sweeping the streets."

Xu Xianguo rolled his eyes at him and then led him into a foot massage parlor.

As Kuai Pao has deepened its involvement in the local life services sector, industries such as KTV, bars, hair salons, massage, and foot baths have been included in its business scope, and the sales volume is not low.

As soon as Xu Xianguo entered, he shouted to the bartender, "Where's Brother Li? I need to talk to him about some business."

"Oh, it's Manager Xu. General Manager Li is in a meeting upstairs. Please wait a moment, I'll go up and call him right away." The receptionist immediately picked up the walkie-talkie: "General Manager Li, General Manager Li, Manager Xu is here."

"Brother Xu, I'm testing the clock, ouch, be gentle."

Mr. Li's voice came through the walkie-talkie.

Before Xu Xianguo could react, he said, "Brother Xu, B88 on the second floor, come up and we can chat."

What does "testing the clock" mean?
Li Zijie looked completely bewildered.

There are thousands of college students like him at Kuaipao, all of whom are gradually mastering the industry rules under the guidance of their mentors, thus injecting fresh blood into Kuaipao.

Just as Pei Yi and Li Yanhong were locked in a fierce battle, Pinbei completed its IPO application on the New York Stock Exchange. Wall Street brokers were busy preparing for the roadshow, while Huang Zheng appeared on the streets of the United States as the CEO of Pinbei.

Contrary to everyone's expectations, Pinbei has actually beaten Alibaba and JD.com to the punch and officially entered the countdown to its IPO.

At this time, brokerages in North America valued Pinduoduo at $680 billion, with a tentative offering price of $30.6 per share.

Whether investors approve of it depends on the packaging skills of institutions such as Goldman Sachs, Credit Suisse, and Morgan Stanley.

Ma Liyun learned of this news through investor channels, and his brows furrowed instantly. He knew all too well what Chen Yansen's scheme was up to.

It's simply a matter of wanting to go public first and seize investment opportunities in the overseas e-commerce market ahead of time.

Thinking of this, Ma Liyun couldn't sit still any longer. He could ignore Liu Qiangdong, but he couldn't underestimate Chen Yansen, so he dialed Cai Xin's number.

(End of this chapter)