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Chapter 18 High-Level Meeting 2

 "As far as I know, even large takeout platforms such as [Lituan Takeout] and [Eatme] have a daily order volume of more than 3 million, but they are all burning money to cultivate the market, and on average they lose money per order.

5-6 yuan."

It can be seen that Huang Yuping has done research on the food delivery industry and has a very thorough understanding.

"Even if we lose money, we still have to do it. [Lituan Takeout], [Eat Me], these takeout platforms are big and big, and we can't compare with them for the time being, but we can do it bit by bit and expand our business bit by bit. APP

It can go online later, but ordering food on the official account can go online first, it’s not difficult, right?"

"Then we will pilot it in several branches first, and then promote it if the good ones are good."

"Our boat is small, so it's easy to turn around, isn't it?" Wu Siyuan said slowly.

"Mr. Huang, please discuss with Mr. Su and see what to do? Then come up with a feasible plan and show it to me." Wu Siyuan ordered.

Huang Yuping nodded and said, "Okay, Mr. Wu!"

"Yeah."

"Mr. Wu, what should [Lituan Takeaway] do with it? [Have you eaten it?], [Qiandu Takeout] still want to contact them to discuss cooperation?" Su Shixian asked proactively, he was the one responsible for this matter.

First person in charge.

"Let's talk to their company again. If [Lituan Waimai] is still so tough, then let it do what it wants, stop cooperation, and focus on the construction of our own channels. Oh, by the way, [Eat"

You can also contact [Qiandu Waimai] about that. The conditions are not harsh. If you can cooperate, just cooperate." Wu Siyuan said calmly.

"Stop cooperation?" Huang Yuping was stunned, and Su Shixian was even more shocked.

"Mr. Wu, if you stop cooperating with [Lituan Waimai], it is likely to affect [Shennong Orchard]'s sales and profits this year." Su Shixian said with an embarrassed look.

For an executive at his level, he is responsible for the overall interests of [Shennong Orchard], that is, he is responsible for the big boss Wu Siyuan.

It can be said that Su Shixian, the general manager, is a relatively high-level business and needs to be responsible for performance.

Although Wu Siyuan said this, he was very happy, but Su Shixian had to bear the bitter consequences of the impact on the business.

With his small body, I don’t know if he can carry it.

"I understand your worries. Your assessment will be relaxed this year. Just do a good job in building your own channels." Wu Siyuan waved his hand and said.

Su Shixian breathed a sigh of relief immediately.

"Be more confident, Mr. Su. You have managed [Shennong Orchard] for so long. Don't you know the quality of your own fruits? Do you think [Shennong Orchard] cannot become the KFC of the fruit industry? Don't you have confidence?"

"When Wu Siyuan saw this, he was a little dissatisfied.

Su Shixian suddenly became excited, straightened his back and said, "Mr. Wu, I am 100% confident in the quality of the fruits produced by my company, and I am absolutely sure to make [Shennong Orchard] No. 1 in the industry! Just now it was just too much

It was an accident, so I lost my composure."

"Yeah!" Wu Siyuan nodded and stopped talking about him. After looking around at the executives present, he said, "If you have no other opinions, then let's do this."

He was about to announce the adjournment of the meeting when Huang Yuping suddenly said, "Mr. Wu..."

"Huh? What's the matter?" Wu Siyuan looked at Executive Vice President Huang Yuping with a little surprise.

Other executives were looking at him.

Just listen to what he said, "Mr. Wu, building your own takeout channels is not something you can do in a day."

"I know this, and I understand it. I will give you time to do it." Wu Siyuan replied.

"Thank you, Mr. Wu." Huang Yuping paused and then said, "Mr. Wu, I think it is necessary to build our own takeout channels, but we can walk on two feet."

"What do you mean? Be specific." Wu Siyuan sat down again.

"Mr. Wu, what I mean is that while we are building our own food delivery channels, we can also take shares in other food delivery platforms. This can expand our influence within the platform, enhance our voice, and in turn can provide us with [Shennong Orchard]

Obtain better cooperation conditions. For example, reduce our [Shennong Orchard]’s lottery points, or exempt us from our lottery points. Over time, this is not a small amount of money, maybe we can even recover the investment amount.”
"Furthermore, if the food delivery platform we invest in breaks out or is successfully listed, we can also get a generous return on investment." Huang Yuping said.

"Furthermore, after entering these food delivery platforms, we can learn from their advanced experience and use it in our own food delivery channels to avoid detours."

Huang Yuping’s suggestion is indeed good.

Moreover, investing in these large food delivery platforms will help Wu Siyuan increase his influence, which is a good thing.

It’s nothing more than money.

The most important thing Wu Siyuan lacks now is money. Not to mention other things, his monthly profit from U.S. stocks alone is tens of millions of dollars.

If money can buy influence, Wu Siyuan will not hesitate.

So he nodded and said to Huang Yuping, "Please give me a detailed report to evaluate which food delivery platforms we can invest in!"

"Yes, Mr. Wu!"

Other executives have left.

Lin Meiyi stayed.

The door is closed.

Lin Meiyi walked up to Wu Siyuan and squatted down, bowed her head, and asked inarticulately, "Was my performance just now bad?"

.................................................................

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Huang Yuping was very efficient and gave Wu Siyuan a detailed report in less than a week.

Wu Siyuan was flipping through the report in the office and asked Huang Yuping, "Do you think it is most appropriate to invest in [Qiandu Waimai]? As far as I know, [Qiandu Waimai] has the lowest market share, less than [Lituan Waimai]"

] or one-third of [Eat Me], under the Matthew effect, [Qiandu Takeout]’s life will become more and more difficult, and its share will become lower and lower.”

"Yes, Mr. Wu, but we don't have many choices."

“In January 2016, [Lituan Waimai] had received US$3.3 billion in financing led by the social giant [Tengsu], and in April 2016, the e-commerce giant [Yali] also invested

【Eat it】1.25 billion US dollars."

"Only [Qiandu Waimai], from the launch of Series B financing in 2015 to now, has not been finalized and is still in the midst of difficulties. We still have a chance." Huang Yuping has obviously done his homework.

"So, you want me to invest in a food delivery platform that is not optimistic about the capital market and is destined to fail?" Wu Siyuan immediately recognized the voice of Huang Yuping's words and asked.

"A skinny camel is bigger than a horse, Mr. Wu!" Huang Yuping smiled slightly, and then said, "No matter how bad [Qiandu Takeout] is, it is still one of the three major takeout platforms in the country, but compared to the other two takeout platforms, Japan

The average order volume cannot compare with them."


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