The richest man started taking advantage of loopholes after joining Alibaba.
Chapter 103 Declaration of No Commission
The air in the meeting room was stuffy.
It's like a pressure cooker about to explode.
On the large screen, the latest profit model analysis of Didi and Kuaidi is being displayed.
"Bro, the data is out."
Fatty Wang pointed at the red bar chart on the screen, his brows furrowed into a deep knot.
"Although they are currently burning through subsidies, giving drivers 10 or 15 yuan per order."
"But their commission is also very high."
Fatty Wang switched to a different slide.
Platform commission rate: 20%
This number was highlighted in red, like a shocking wound.
"This is Cheng Wei's bottom line, and it's also the fundamental reason why those investors can tolerate burning money."
Fatty Wang grabbed a bottle of mineral water from the table, took a big gulp, and the plastic bottle cracked as he squeezed it.
"As long as they monopolize the market, they can just sit back and collect rent."
"Even if we only process 10 million orders a day, the commission alone will generate tens of millions in revenue."
This is the underlying logic of internet platforms.
First, they burn money to acquire land, then they collect rent and fleece the people.
Meituan is like this, Taobao is like this, and Didi is like this too.
"Bottom line?"
Lin Che sat in the shadows.
He was fiddling with a coin in his hand.
The silver coins tumbled between his fingers, producing a monotonous and cold metallic clanging sound.
"bite."
"bite."
"bite."
"Fatty."
Lin Che suddenly pressed down on the coin.
The sound stopped abruptly.
"What if I dismantle this bottom line?"
"what?"
Fatty Wang was stunned. The water bottle was suspended in mid-air, and water droplets dripped from the bottle opening onto his pants.
Lin Che stood up.
He walked up to the huge touchscreen.
Reach out.
The index finger is like a sharp scalpel, slicing across the screen.
The pricing strategy page for "Weiguang Travel" was brought up.
There was a line of small print: [Platform service fee: To be determined].
Lin Che clicked on the edit mode.
The keyboard pops up.
He didn't enter any complicated formulas.
There is only one number.
0.
A huge "0" instantly took up the entire screen.
It's like a black hole, or a gallows that will shred all the old order.
"He's gone mad..."
The operations director gasped, dropping his pen which rolled under the table.
"Boss, this is suicide!"
"No commission? How will we make money then? Just from GG? That little bit of money wouldn't even cover the server electricity costs!"
"and........"
Fatty Wang wiped the cold sweat from his face, his voice trembling.
"This isn't just poaching talent; it's digging up the ancestral graves of Cheng Wei and Lao Lü!"
"If they knew we'd permanently waive our commission, they'd fight us to the death!"
This is like flipping a table.
This is like smashing the pot that everyone uses to eat.
Lin Che ignored the fear in everyone's eyes.
He turned around, his back against the huge "0".
His eyes were cold, revealing a kind of indifference that looked down upon ants.
"make money?"
He scoffed.
He pulled the Nokia phone out of his pocket and tossed it onto the table.
"In this internet age, only a fool would make money from their core business."
Lin Che braced his hands on the edge of the table, leaning forward, exuding an overwhelming sense of pressure.
"Didi is eyeing that 20% commission."
"That's small change."
"The one I've got my eye on is that..."
He reached out and made a grabbing motion.
It was as if I had grasped something invisible yet omnipresent in the air.
"Entrance."
"What entrance?" Fatty Wang asked instinctively.
Lin Che did not answer.
He picked up the marker again and wrote two words on the whiteboard:
[High frequency] -> [Low frequency].
"Taking a taxi is the most frequent payment method, twice a day, during morning and evening rush hours, without fail."
"As long as the driver uses my app to accept the order, the passenger can use my app to pay."
Lin Che emphasized the word "payment" with the tip of his pen.
The ink spread.
"I've got their wallets under my control."
"With a wallet, I can sell financial products, insurance, installment payments, and even personal loans."
He threw down the pen.
The pen traces a parabola in the air before landing precisely in the pen slot.
"I don't want the driver's hard-earned money."
Lin Che surveyed the entire room, his gaze sharp and intense.
"What I want is for them to tie their entire fortunes to my payment system."
"This is called... a dimensional reduction attack."
The meeting room was deathly silent.
Everyone was stunned by this crazy yet logically sound plan.
Don't care about current profits.
What they want is a future financial empire.
This is the greed of capitalists, and also the foresight of strategists.
"implement."
Lin Che uttered two words.
There is absolutely no room for negotiation.
"Weiguang Mobility will launch at midnight tonight."
"Print that '0' on every poster and cover every public toilet and gas station in Hangzhou."
"I want all the drivers in Hangzhou to know."
Lin Che revealed two rows of gleaming white teeth.
Working for Didi is just being an employee.
"Working for a small ray of light is entrepreneurship."
........
Late at night.
The lights on the top floor of the Weiguang Building were still on.
Lin Che sat alone in his office.
Outside the window, the lights of Hangzhou are dim.
He picked up his phone.
Open WeChat.
The profile picture pinned to the top is of Mr. Ma.
The man who once admired him, but now harbors fear towards him.
Lin Che's finger hovered over the screen for a moment.
Click.
[Send a red envelope].
Amount: 200 yuan.
Note: "Tuition fee".
Click send.
A red bubble appeared in the dialog box.
All alone.
One minute.
five minutes.
ten minutes.
Mr. Ma did not accept it.
There wasn't even a reply.
Lin Che smiled.
He tossed his phone back on the table, leaned back in his chair, and lit a cigarette.
Amidst the swirling smoke, his gaze became deep and playful.
Mr. Ma did not collect it.
It's not that I didn't see it.
Rather, they dared not accept it.
That's the intuition of a top hunter.
Mr. Ma sensed danger.
This red envelope is not a greeting.
It is a declaration of war.
It is to tell that overlord of the old era:
I am coming.
They carried knives, money, and the ambition to shatter all the rules you set.
"Zero commission".
Lin Che exhaled a smoke ring.
Watching the bluish-white smoke dissipate into the air.
"This first cut will hurt a lot."
"I hope this will wake you up completely from this pain."
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