HaoTuan has already strategically shifted its operations in accordance with Li Haoyu's instructions.

The focus of development has shifted from first-tier cities to second- and third-tier cities.

The strategic transformation during this period has yielded remarkable results, which has greatly excited the entire management team of Haotuan.

Apart from Li Haoyu.

While the others followed instructions, they couldn't help but feel apprehensive. Was the strategy of abandoning the most economically developed first-tier cities and focusing on second- and third-tier cities really feasible?

The strategy proved to be effective.

HaoTuan.com's market share has increased rather than decreased.

In Guan Weiguang's words:

Following the boss means you'll get to eat meat.

Never doubt the leader's foresight.

The atmosphere was great, but Li Haoyu himself remained calm.

The rise of group-buying websites is an inevitable trend in historical development. It coincided with the transformation of online and offline businesses, and local life service websites cover all aspects of life, including clothing, food, housing, and transportation, making the market itself extremely large.

Even without him founding Meituan, in a society where technology is becoming increasingly advanced, many things can be accomplished with just a mobile phone, in an era where users crave cheaper and more convenient options.

Naturally, a large number of group-buying websites will emerge. Even without Haotuan.com, there would be Jutuan.com; even without Li Haoyu, there would be Zhang Haoyu or Wang Haoyu.

The underlying reason is very simple:

The tides of the times are vast and unstoppable; those who follow them prosper, and those who oppose them perish.

Riding the wave of the times, nothing is impossible without miracles. ✌👣 69ˢ𝓗Ǘ𝓧.ᶜᗝΜ 💛🍭

This is also why Li Haoyu has always been able to seize the initiative.

It's because he grasped the trend of internet development.

Before the time is right, even if you were Warren Buffett in the stock market, you wouldn't dare to predict that group-buying websites would have such a broad future.

Even among the internet giants, no one dared to make such a heavy bet as Li Haoyu, or even risk everything.

But Li Haoyu can do it; he can go all out, even to the point of "burning his boats."

Because he knew he wouldn't lose this gamble, and that once it bore fruit, it would change his future.

He continuously recruited and built a formidable sales force from the humble beginnings of his business, starting on campuses. He also personally planned major marketing events and spearheaded a subsidy war for group buying.

All of this was done by Li Haoyu to make Haotuan.com the leading group-buying website in China.

Judging from the current results, he has achieved all of them.

Competitors who understand internet marketing and promotion lack his efficient offline execution capabilities; competitors who understand offline promotion lack his ability to raise capital; and those who do have the ability to raise capital…

GoodGroup has no weaknesses, and every decision it makes is flawless, which is why it has been able to lead GoodGroup to the top position in the industry.

But that's all.

The bonuses have been almost used up.

Fortunately, Haotuan.com's lead is already quite large, and as long as no major mistakes are made, maintaining its leading position shouldn't be difficult. ♡♢ 👌💢

Moreover, what awaits them next is the internet winter after the bubble bursts.

The days that followed were tough for all internet companies.

Good Group's competitors must also weather this crisis before they are qualified to become its rivals.

Now, HaoTuan is like a lurking beast, silently waiting for its opportunity in the dark forest.

Once these prey reveal a weakness, the gang will seize the opportunity without hesitation to annihilate them all and absorb them to strengthen itself.

…………

Li Haoyu has figured out the development model for the group after it's established.

This can be summarized into a three-step development strategy.

The first step: "Dig deep tunnels, store up grain, and never seek hegemony," meaning to do everything possible to stockpile food for the winter.

The second step is to introduce strategic partners, increase the leading advantage, and monetize all the layout and advantages, turning advantages into a winning edge.

The third step: When the time and conditions are right, launch a surprise attack with the force of an autumn wind sweeping away fallen leaves, and establish a dominant position in the group-buying industry.

From this day forward, the world will be blessed with great fortune and prosperity.

Haotuan has now completed two rounds of financing.

It's time to find another major investor for the most important round of financing before the IPO.

Next, Li Haoyu plans to find a strategic investor from the world's three internet giants.

This world also has three internet giants: Baidu (search engine), Alibaba (e-commerce), and Tenda (telecommunications). Fortunately, so far, none of these three have become direct competitors to Meituan.

HaoTuan.com is no longer an unknown entity, although it cannot compare with these three giants in terms of company size and influence.

However, HaoTuan has enormous potential. Backed by the vast potential of the domestic consumer market, HaoTuan.com has a promising future!

However, Baidu seems quite interested in the group-buying sector, so it's not the best choice for a partnership.

Alibaba certainly has deep pockets, but it started as an e-commerce company, and e-commerce requires a constant flow of traffic to convert users into customers.

So essentially, it's a traffic black hole; it invests in whatever it lacks and tries to control it. Business needs have driven it to constantly expand its traffic sources, and if it runs out of traffic, it invests in the next one.

Whether it's maps, music, or video websites, once they're invested in or controlled, they demand that you obey and do as they say, which is unacceptable to Li Haoyu.

In comparison, Li Haoyu felt more at ease with Tengda's investment style.

Tenda has made numerous and diverse investments.

It can also cooperate with the vast majority of funds, and is not picky about which ones to choose.

On the other hand, other funds also believe that Tenda Investment is harmless, does not emphasize controlling stakes or exporting a beacon-like culture, and has a good reputation in the investment community.

Tenda has a famous saying: "We've given half our life to our partners."

Li Haoyu prefers this investment style.

Although Haotuan has not fallen behind in the competitive internet landscape, as a startup, it still has a significant weakness in terms of traffic.

HaoTuan needs Tenda's traffic, while Tenda also needs HaoTuan's supply chain and delivery services, as well as local lifestyle consumption scenarios.

If they could reach an agreement and work together to fight against Alibaba, wouldn't that be a win-win situation?

Sure enough, Tengda received a "flirting glance" from Haotuan.

Tenda quickly gave Haotuan.com a positive response.

Tengda Investment will send a senior investment manager to conduct face-to-face negotiations, which will be held in two days.

……

Li Haoyu pointed to the projector screen and said, "The PPT doesn't need to be so complicated. Just write 'food delivery' for the business section, and use pictures to illustrate the background."

Guan Weiguang paused for a moment, then asked in confusion, "Two-thirds of the space is covered with the words 'Food Delivery'? Isn't that a bit too hasty...?"

"You don't understand what minimalism is. Besides, the person opposite us isn't an angel investor, but an experienced investment institution. We don't need to explain our philosophy anymore."

Li Haoyu calmly said, "Concepts are never worth mentioning in the context of the Internet. What investment institutions care about is whether you can deliver on your promises. That's all that matters."

"In a sense, the startup team is no longer important at the fundraising stage, because we have already proven our capabilities."

"Now they are focusing on the industry sector, and Haotuan.com is now the leader in the group buying sector."

"You need to learn to understand investors' psychology so you can know what they truly care about."

Guan Weiguang looked thoughtful.

Is that how it is?

……

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