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

Chapter 595: Quarterly Financial Report, $1691.6 Billion! One Pinduoduo equals 11 Baidu!
In April in Luzhou, the sky was a pale blue.

A leaden cloud suddenly drifted by, and a pedestrian had just said, "My goodness, it looks like it's going to rain," when the raindrops started hitting the ground the next second.

It wasn't a downpour, but rather a fine, needle-like drizzle that washed the magnolias along the roadside clean, making them appear even greener.

Huang Boxiang drove a Hongqi L5 through the drizzling rain on the elevated road.

Chen Yansen sat in the back seat of the car, looking out the window.

Two days later, the first batch of Orange Supermarket stores will begin operation.

In just six months, Byron and Hou Yi made remarkable progress, from site selection and supply chain setup to decoration and staff recruitment and training.

If the supply chain and business model work, Orange Supermarket can be quickly replicated across the country.

A short while later, the car drove into Senlian Science and Technology Park.

After Lao Huang parked the car, Chen Yansen got up and walked straight towards the No. 1 main building.

"Hi boss!"

As we passed the front desk, two vibrant young women immediately smiled and greeted us warmly.

Chen Yansen nodded slightly, took the elevator to his office on the top floor, turned on his computer, and as usual reviewed the core operating indicators of each subsidiary, then approved contracts and replied to emails.

Since Baidu's defenses in the search engine field have repeatedly crumbled, Robin Li has been investing less and less money and resources in its O2O strategy.

The market share of Qiandu Waimai and group-buying food delivery is being gradually eroded by Kuaipao, Taodiandian, and Dianping.

Didi Chuxing's market share is only 7.1%, with alarming passenger and driver attrition rates, and orders and fulfillment volumes continuing to decline, soon to fall below 5%.

In contrast, Kuaidi Dache holds a market share of up to 90%. If it weren't for competitors like Didi, Dida, and Bee Taxi, it wouldn't be an exaggeration to call it a monopoly.

Therefore, Cheng Weixing is now based in New York and devotes almost all his energy to market expansion in North America.

Uber wanted to enter China's ride-hailing market, but before it could even take action, KuaiGo blocked its way.

Currently, they are busy battling with KuaiGo, Lyft, and Sidecar, and have no intention of expanding their business at all.

On the contrary, after establishing branches in Hong Kong and Macau, Kuaidi Dache has extended its business to Korea, Luzon and other places.

Half an hour later, Chen Yansen finished all the work at hand.

After all, given his reading, comprehension, and decision-making speed, these daily tasks wouldn't take him much time at all.

Just then, the cell phone on the table rang.

Chen Yansen picked it up and saw that it was a close-up selfie sent by Wang Ziyan.

The background is the campus of Luzhou University of Science and Technology, with pale pink early cherry blossoms behind it resembling a sea of ​​clouds.

In the photo, Wang Ziyan has a delicate nose and red lips, and her peach blossom eyes look at the camera with a rosy complexion, exuding the cuteness and charm of a young girl.

Who are you trying to tempt with this?

How could I possibly post such a plain photo?
Chen Yansen curled his lip in disdain and commented to himself.

at the same time.

Pinbei uploaded its core financial data for the first quarter of 2014 to the New York Stock Exchange website:
Sales revenue: 3017.4 billion yuan, a year-on-year increase of 127.1%;

Total revenue: 252.6 billion yuan, a year-on-year increase of 109.2%;

Online marketing and advertising service revenue: 143.4 billion yuan, accounting for 56.8%;

Revenue from transaction services (commissions, profit margin) was 109.2 billion yuan, accounting for 43.2% of total revenue.

Net profit: 114.7 billion.

Following this, investment channels such as Toutiao Finance Channel, Sina, Tiger Brokers, and Xueqiu all reprinted the story.

"Revenue of 252.6 billion? Pinduoduo is really making money!"

"The stock price is going to rise again! I remember that two weeks ago, Wall Street's growth expectation for Pinbei was 80%."

"I bought 20 lots at an average price of $54 per share, and the unrealized profit is 18.5%. Based on Pinduoduo's growth trend, if I hold it until the end of the year, I should make at least 30% profit."

"Dude, you'd better sell now! Pinduoduo's P/E ratio has gone up to 19, be careful you don't get trapped!"

"What's there to be afraid of? Pinduoduo has acquired Lazada and opened branch stations in Europe, North America and Australia. It's no problem for the stock price to rise another 20%."

"20%? What are you thinking! Amazon's P/E ratio is almost 40. In my opinion, Pinduoduo's equity could easily double again."

In the comment sections of various news websites, netizens are discussing the matter animatedly.

However, the stock market is never a place where data and rationality are the only factors to consider. Whether the company's performance meets industry expectations and how enthusiastic investors are about buying are often more crucial.

Business growth does not necessarily mean that the stock price will rise, and business shrinkage does not necessarily mean that the stock price will fall.

For example, if the market predicts that a company's performance will decline by 30% quarter-on-quarter, but the actual decline is only 10%, the stock price may rise because the financial report exceeds the expectations of investment institutions.

Just like Pinduoduo, although its market share in the e-commerce industry is not as high as Ali's, it has a super high market value of 1420 billion US dollars because it is backed by Senlian Capital and has signed a five-year strategic cooperation plan with Tencent. It can obtain a continuous stream of exposure and orders from the primary traffic entrances of QQ and WeChat.

Therefore, after the New York Stock Exchange opened, Pinbei's stock price continued to rise.

In just two hours, the circuit breaker was triggered several times, but the upward trend was not affected in the slightest.

The stock opened at $63.97, rose as much as 26.1%, and closed at $76.2, giving it a market capitalization of $1691.6 billion, just shy of the $1700 billion mark.

"Holy crap! Amazon's market capitalization is only $1460 billion!"

"Should we clear out our inventory? It feels a bit chilly up at the top of the mountain!"

"Pinbei should be considered the first listed e-commerce company in China!"

"JD.com will be listed at the end of the month. Riding this wave, its market value might even break through 300 billion US dollars. Chinese e-commerce concept stocks are showing strong growth." A Chinese netizen commented on Pinduoduo's stock price.

at the same time.

Baidu's first-quarter financial report has been released, with total revenue of 34.2 billion yuan and profit of 8.3 million yuan, a year-on-year decrease of 41.1%.

Investors at home and abroad were suddenly plunged into despair, with only one thought in their minds: It's all over!
This is especially true for some stock market investors who are thinking of buying at the bottom.

"Guys, it's so cold on the rooftop!"

"Dude, don't be impulsive. It's just a technical adjustment. Baidu will definitely be able to recover."

"That damn Robin Li is a complete waste. The combined search share on PC and mobile is about to drop below 30%."

"91 Mobile Assistant, which Baidu acquired for $19 billion, only has a daily distribution volume of 6000 million, a year-on-year decrease of 40%. Even having a dog tied to the CEO's seat would be better than Robin Li, right?"

Netizens are furious!

Baidu's stock price plummeted as if it had taken a laxative.

It lost 20 billion US dollars in one day, and its market value was only 152 billion US dollars at the close of trading. The difference between it and Pinduoduo was more than 1500 billion US dollars.

Baidu has completely fallen behind.

One Pinduoduo is equivalent to 11 Baidu search engines!
Netizens didn't hold back in mocking it.

In contrast, thousands of employees at Pinduoduo tossed and turned in bed, unable to calm down for a long time.

One share costs $76.2, which is equivalent to 472 Chinese yuan.

At Pinbei Technology, who doesn't own 500 or 1000 shares?
For supervisor level, the minimum requirement is 20,000 shares;

For Director-level positions, a minimum of 50,000 shares is required.

People like Zhang Yifeng, Song Yuncheng, and Yuan Wei each own at least 200,000 shares, which, after simple calculation, would amount to at least 100 million yuan in assets.

Many people are fantasizing that once the 180-day sales ban is over, they will sell half or a quarter of the stock, and then buy a house first and then a new car.

……

……

The next morning, Huaihe Road Pedestrian Street.

Across from Kawanka, a red and white themed milk tea shop suddenly appeared, with the words "Mixue Ice Cream" on its signboard and a two-meter-high roll-up banner advertising it.

"Grand opening! Ice cream is 0.1 yuan, lemonade is 0.9 yuan, and spend 38 yuan or more to get a free Chen Yansen cartoon mug!"

Pedestrians passing by find it hard to stop after seeing the words '0.1 yuan' and '0.9 yuan'.

Before long, a long queue formed outside the door.

Each generation has its own set of problems!
For young people, what's the difference between an ice cream for 0.1 yuan and a lemonade for 0.9 yuan and getting them for free?
The group included students, office workers, and parents with their children.

"This price is outrageous! Kawanka sells a glass of lemonade for eight dollars, while Mixue Ice Cream only costs nine cents!"

"Actually, 90 cents is quite expensive. During the food delivery war, I wouldn't even glance at milk tea that cost more than 10 cents."

"Hilarious! Did Chen Yansen personally approve this cartoon cup marketing campaign? The thought of a global billionaire with a net worth of 3000 billion US dollars being printed on a glass cup makes me laugh."

The guests, in twos and threes, joked and laughed with their friends.

The staff member in charge of taking orders was sweating profusely, with the sounds of ice cubes clattering and milk tea being shaken coming from the preparation station behind him.

The air is filled with the aroma of cream and ice cream!
This Mixue Ice Cream store is the third batch of self-operated stores opened after Mu Qin took office. Including the original number of stores, there are more than 2000 stores nationwide, mainly concentrated in East China and Central China.

the other side.

After Chen Yansen finished his morning meeting with Zhou Shouzhi, Gao Weilin, and Zhang Yinjia, he returned to his office and was immediately approached by a call from Liu Qiangdong.

"Brother Sen, JD.com's listing date is set for April 24th. I would like to invite you to the bell-ringing ceremony."

Liu Qiangdong said sincerely.

He knew very well that if it weren't for Senlian Capital's investment in JD.com, and Pinduoduo attracting North American investors' attention to China's e-commerce sector, those people on Wall Street would never have given JD.com a valuation of 300 billion US dollars.

"I appreciate your kind gesture, but I'll pass on the trip to New York."

Chen Yansen refused outright.

There's no need to steal the limelight from Liu Qiangdong.

"Alright then, I'll arrange a celebration banquet in Yanjing later, Brother Sen must come!"

Liu Qiangdong didn't press the matter and made the suggestion again.

"Okay, we'll see how the schedule goes."

Chen Yansen agreed, and then casually asked, "Are all the preparations for the IPO complete? If you need Senlian to coordinate any resources, just let us know."

"Everything is ready! Thanks to your connections, Brother Sen, after Pinduoduo went public, Wall Street has a high level of recognition for JD.com, and the subscription process has been particularly enthusiastic."

Liu Qiangdong's voice betrayed his excitement.

Who wouldn't be excited to take their company public at the age of forty and amass a fortune of tens of billions?
After exchanging a few pleasantries with the handsome Dong, Chen Yansen hung up the phone.

I'm going to Shanghai the day after tomorrow to attend the opening ceremony of Orange Supermarket.

He originally wanted to take Song Yuncheng with him, but Xiao Chengzi had to go back to Lujiang, so after thinking for a moment, he sent a message to Meng Jie.

(End of this chapter)