Reborn in 08, Public Enemy of Competitors

October 1st, National Day.

Shen Weidong, wearing Anta sportswear, was jogging in the neighborhood with Wang Yin when his cell phone suddenly started vibrating in his pocket.

He took it out and saw that it was a call from his brother-in-law, Wang Lei.

"Brother-in-law, where are you and my sister now? Why isn't anyone answering the home phone?"

"Your sister came out for her morning exercise with me. What's up?"

"Something terrible has happened! Something drastic!"

Upon hearing this, Shen Weidong and Wang Yin immediately stopped in their tracks, their faces showing a mixture of surprise and doubt.

Wang Yin frowned. "What happened?"

"Sis, our nephew's on the news!"

Wang Lei became more and more excited as he spoke, and he highlighted the key points of the interview in the City Express that was reprinted in full by Tencent Portal.

Is Shen Mo's net worth over ten million?

Wang Yin frowned and said, "Little brother, you're not kidding, are you? Today is National Day, not April Fool's Day."

Wang Lei was incredibly excited: "Sis, it's true, absolutely true! You can check the news yourself, it's all over the internet!"

Shen Weidong and Wang Yin exchanged a glance, then rushed home, expertly turned on their computers, and began browsing.

When they saw the photo featuring Shen Mo, the couple stared at each other in disbelief, their eyes filled with shock.

Shen Weidong, trembling, called Shen Mo and stammered a string of words.

"Son, is this really a news report about you?"

"it's me."

"Is it really you?!"

"Of course it's me. Aren't there pictures in the news?"

"What... what kind of business did you start? How did it suddenly get invested in by Tencent, and now it's valued at over a hundred million?!"

"Dad, Mom, I'll talk to you more later when I have time. I have something to do right now."

Shen Mo lowered his voice and said, "The leaders from the district and the school are inspecting my company, and I will be interviewed by the TV station later."

"Okay, okay, that's settled then, you go ahead and get busy!"

Shen Weidong was startled and quickly hung up the phone.

"A net worth of tens of millions? An inspection tour of the district?"

Wang Yin's eyes widened as she muttered to herself, "Old Shen, do you think this is really my son?"

"Look at what you're saying, isn't that our Xiao Mo in the photo... Ouch, why are you pinching me!"

Shen Weidong had only spoken halfway when his arm was pinched hard.

"I just wanted to see if I was daydreaming."

Wang Yin had barely opened her mouth when the phone at home suddenly rang.

And once it started ringing, it wouldn't stop. Shen Mo's grandparents, uncles and aunts, and all his relatives called.

………………

Meanwhile, Lingyun Technology's phone was ringing incessantly.

With news reports and the release of the results of the seven-day National Day tour, more and more brands are setting aside their reservations and taking the initiative to contact YiTaoGO, hoping that YiTaoGO can help them clear their inventory.

Even local Wenzhou brands like Metersbonwe and Aokang sought Du Zhou's introduction, trying every means to participate in YiTaoGO's activities.

After all, the results of the seven-day National Day promotion are quite impressive, even by the standards of the entire e-commerce industry!

10 stores, 7 days, total sales exceeded 7000 million!

On average, each store's daily sales exceed 1 million yuan, and even Letao.com, which was established less than a few months ago, can generate 300,000 to 400,000 yuan per day.

In an instant, companies across the country were eager to switch from offline to online and were eager to cooperate with YiTaoGO.

"It's a pity that our Paipai.com missed the YiTaoGO National Day 7-day group buy."

Wu Xiaoguang's tone revealed a hint of regret, "Otherwise, we could have also benefited from this wave of traffic."

"Yes, YiTaoGO was able to gather so much traffic, which was drawn from QQ, while Paipai.com didn't even get a taste of it."

Ma Huateng's face darkened, and he crossed his hands.

"But it won't happen next time. The entrance to Paipai.com has already appeared on the YiTaoGO page."

Wu Xiaoguang smiled and said, "I heard that there will be an even larger promotional event on Singles' Day."

Ma Huateng nodded. "We need to hurry up with our B2C launch. Ideally, we should be able to launch it before Singles' Day."

"Don't worry, Pony."

Wu Xiaoguang said confidently, "We have sent people from Hong Kong Island to negotiate cooperation on maternal and infant products. We expect that our QQ Shopping will be launched before Double Eleven, becoming the first B2C website in China that mainly deals in maternal and infant products."

"good!"

Ma Huateng was seething with anger. The more people said that Tencent lacked the DNA for e-commerce, the more determined he became to prove them wrong.

What Ali can't do in social networking, Penguin can do! What Ali can do in e-commerce, Penguin can do too!

Then, changing the subject, "By the way, what's the latest news on the social e-commerce and QQ Space products that Shen Mo mentioned?"

Wu Xiaoguang replied, "He said that as early as next week, he asked me to bring the person in charge of QQ Space to Hangzhou for a face-to-face meeting."

Ma Huateng smiled with satisfaction. "That will be the time to see if our additional 500 million was worth it!"

………………

The phone kept ringing, all inquiring about brand group and themed group activities.

Shen Mo opened the backend data and found that the total number of registered users exceeded 300 million, and the number of daily active users remained at 20.

The merchant CRM database currently has 24 registered brands, including Hongxing Erke, Red Dragonfly, Semir, and others.

"For the upcoming Double Eleven shopping festival, we plan to gather 30 to 50 brands of all sizes to jointly create the first shopping festival for YiTaoGO."

"I want to emphasize that the significance and value of this Double Eleven shopping festival far exceeds that of our previous brand group and themed group."

"This will directly impact the valuation of YiTaoGO in the next round, and will directly affect the future salaries and stock option incentives of all of you here today."

"Therefore, you all need to do a good job in attracting merchants, selecting products, comparing prices, and quality control! Substandard goods are strictly prohibited! Inferior products are strictly prohibited!"

"We'd rather have fewer but better products; we absolutely cannot tarnish the reputation of our Double Eleven shopping festival. Did everyone listen carefully?"

"Yes, boss (Brother Mo)!"

Everyone spoke in unison, their morale soaring, especially when they heard about "stock option incentives".

"Has Jingdong not replied yet?"

Shen Mo turned his gaze to Zhong Xue.

Zhong Xue shook her head. "Jingdong said that Liu Qiangdong has not made a final decision yet, but Amazon China is taking the initiative to seek cooperation."

What commission rate can you offer?

Shen Mo was quite interested. Although Amazon China is not as big as Taobao or Dangdang, it is much bigger than Vancl and Letao.

Zhong Xue said, "The specific commission rate depends on the product category, but they can guarantee a minimum of 5%."

"5%, that's still negotiable, let's try to get as much as possible."

Shen Mo stroked his chin. Even if it's just 5%, with 1 million in sales, if he takes 500 million and gives half back to the users, he can still earn 250 million. Plus, with the new customer bonus, he can still make a gross profit of two or three percent.

After finishing up with matters at YiTaoGO, this "time management master" quickly headed downstairs.

Upon arriving at Zhangle Studio, one could see Liu Yang and others running through the testing process of the Beta version of "Everyday Farm" repeatedly.

"How is it?"

"Boss, the core functionality is basically complete. We can now conduct gray-scale testing, collect feedback, and fix bugs."

Liu Yang reported to the leader in detail.

Shen Mo took a closer look and saw that the planting system, land system, crop system, and friend interaction in "Everyday Farm" were all complete.

"After the official launch, we will add props, decorations, and a title system."

"For example, watering experts and weeding experts, just like in other games, come with certain buffs."

"Okay, boss."

Liu Yang readily agreed.

"For gray-scale testing, we adopt a step-by-step expansion approach."

Shen Mo made a serious arrangement, planning to first use his own servers to handle the gray-scale phase, and then actively connect to Tencent after the traffic surge.

I know better than anyone else what a tsunami it will be once "Everyday Farm" is fully rolled out on QQ Space.

Let alone ZhangLe, even YiTaoGO couldn't withstand that level of surging traffic, it was like the Yellow River bursting its banks.

No matter how fast you expand capacity by spending money, it can't keep up with the speed of traffic explosion, and the server will crash sooner or later.

Let Ma Huateng and Tencent deal with this!

Just as he was lost in thought, Nokia happened to vibrate, pulling him back to reality.

I thought it was Liu Qiangdong calling, but I never expected it to be—

"Hello, is this Mr. Shen Mo? I'm Huang Zheng from Ouku.com, and I'd like to discuss a rebate partnership with your company."