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Chapter 401 China Private Enterprise Summit

 On October 29, in Hangzhou in the autumn, the city was covered with red maples and the ground was covered with ginkgo trees.

Ali Baba headquarters is in full swing, and all employees have entered the first-level battle stage. The closer Double Eleven is approaching, the less room for slacking off, 996 is already commonplace, and occasionally 007 is required.

In the office, Lu Yun and Cai Chongxin looked at the screen together, and the page stayed in the background of Chengxintong.

Lu Yun said with a look of disbelief: "More than a month has passed, how come there are only more than 500,000?!"

"This efficiency is already very high. Our time to access online banking from mainstream banks is at least a year slower than Feigou."

Cai Chongxin sighed. Caifubao had a first-mover advantage and was the first to take advantage of online payment. It also took advantage of Feigou.com, Penguin, etc., and has become the No. 1 online payment platform.

One choice.

There are more than 130 million users, accounting for 68% of the market share, and the remaining 31% is Penguin’s Tenpay.

TrustPass, not even 1%!

Lu Yun was furious, "No matter what, this conversion rate is too low. Taoduoduo has 23.66 million users!"

"It is difficult to change a person's usage inertia."

Cai Chongxin suggested: "How about we learn from Penguin Tenpay's activities, and all users who activate it can draw red envelopes?"

"No, what Penguin issues is QB, which is a virtual currency. You can print as much as you want. It's just a string of numbers. What we issue is real money."

Lu Yun is in a dilemma, he wants to spend money on promotion but is reluctant to do so.

I don’t have a decent traffic entrance at all. It’s like a region with extremely scarce resources, relying on imports for everything.

Taoduoduo is one of them, completely relying on burning money.

The most terrible thing is that the traffic bought with money has an appallingly low conversion rate.

Even the converted users are only visiting users. Maybe they will use Taoduoduo once or twice after using Feigou.com 100 times.

In the same way, the same is true for Chengxintong.

"Sigh, we can't cancel the cooperation with Caifubao and Tenpay, otherwise no one will use Taoduo..."

Before Cai Chongxin finished speaking, he saw Lu Yun staring directly at him, obviously very moved by the cancellation of support for Caifubao and other payment platforms.

"Chongxin, we must stop, we must stop. Even though it is completely free now and does not require any handling fees, it is all Lu Fei's trick. Wait three to five years, and when he dominates the payment market, he will definitely collect tolls.

!”

"You must stop it, but it's just like smoking, you have to do it slowly."

Cai Chongxin advised: "At least we can't stop it now. Double Eleven is coming soon. This time is the moment of life and death for Taoduoduo."

As soon as these words came out, Lu Yun leaned back helplessly on the sofa, looking up at the ceiling, feeling powerless mixed with worries welling up in his heart.

The funds SoftBank invested in Ahri will burn for another half a year at most, and they are in urgent need of blood transfusions. But SoftBank is unreliable. Who can we turn to for the next round of financing?

Cai Chongxin asked: "Tai, have the Shanhui asked? Still no one is interested?"

"When they heard that this was Lu Fei's domain, especially e-commerce, they immediately shrank back."

Lu Yun sighed: "Only Lianxiang is interested. He just cashed out a fortune from Joyo not long ago, but he has been busy acquiring IBM's PC business recently and has no money to invest at all."

Cai Chongxin paced back and forth and suddenly stood up and said: "Hey, isn't there a China Private Enterprise Summit to be held in early November?"

"Snapped!"

Lu Yun slapped his forehead: "I was so busy that I forgot about it. I just happened to invite more Zhejiang businessmen to Taoduoduo during the meeting."

………………

The annual private enterprise summit is hosted by Jiangsu and Zhejiang, which accounts for one-third of the private economy.

The main participants were Zhejiang businessmen, as well as private enterprises from all over the country, known as the "Oscars" of the private economy.

The conference lasts for 4 days, starting on November 3rd.

Of course Lu Fei will come. Not only will he add new members to the Chinese Revival Association, but he will come to Sha Ruijin no matter what.

Not only himself, but also his eldest brother Lu Yun.

The two brothers had just arrived at the airport and rushed to the hotel without stopping.

“There were so many people here that we almost had to book only Yuhang, but this hotel is quite far from the venue.”

Lu Yun was exhausted and looked helpless.

"Brother, I plan to buy a few houses in Hangzhou so that I can have a place to stay when traveling on business in the future."

Lu Fei touched his chin.

"Anyway, you're not short of money. It's up to you."

From the corner of his eye, Lu Yun noticed that the convenience store on the street had event posters for the "The Voice" concert tour.

Suddenly, there was an emergency brake.

Lu Fei frowned: "Brother Ben, what's going on?"

"Boss, the road conditions here are really bad, there's a traffic jam."

Wang Ben was sitting in the passenger seat with a serious expression.

"Don't be so unlucky to have the opening ceremony tomorrow..."

Lu Yun was afraid of his crow's mouth, so he didn't dare to say the last part of the sentence.

The group of people were just stuck on the road, unable to move forward or backward, crawling like snails from section to section.

It took almost an hour to get to the hotel where we were staying.

On the second day, the opening ceremony of the Private Enterprise Summit was held as scheduled in the morning, obviously starting half an hour early.

But he followed his words, but he encountered a traffic jam again.

"No, is it really so unlucky?"

Lu Yun looked at the motionless traffic in front of him, and heard the piercing whistle in his ears.

"Transportation planning kind of sucks."

Lu Fei raised his hand and looked at his watch. There were still 11 minutes left before the entrance time. Unless he raced 120 yards, he would not be able to catch up.

"Second brother, what should we do now?"

Lu Yun was at a loss for a moment.

"Oh, let me make a call and explain the situation."

Lu Fei sighed, took out his mobile phone, found a name in the address book, and dialed it despite hesitation.

…………

At this time, the venue was as grand as ever.

Nearly 2,000 private entrepreneurs or company representatives from inside and outside the province came in droves.

Big businessmen from Zhejiang who are close to the water, such as Wanxiang's Lu Guanqiu and Geely's Li Shufu, were all present.

At the door, financial media, large and small, gathered. Reporters held microphones and rushed to interview the big bosses.

Lu Yun was alone, walking through the noisy and lively crowd. At a glance, he saw a bunch of media surrounding Zong Qinghou, who was laughing and joking.

"Mr. Zong, Qilixiang is undoubtedly a super dark horse in the domestic beverage industry this year. With "The Voice" and Jay Chou's "Qilixiang" of the same name, the sword is pointed at Wahaha. What are your opinions and countermeasures?"

"Failure is always within, never outside."

Zong Qinghou said with a smile: "Wowhaha, I don't care about the actions of my friends and businessmen at the moment. I am actively cultivating my internal skills and implementing the ERP war. It usually takes one year to go to R3 first, and another year in the second or even third year."

Make APO (supply chain forecasting system)..."

"Then after you finish cultivating your internal strength, will you then compete with Qilixiang, Uni-President and other companies?"

The reporter asked: "As far as I know, Wahaha is researching a functional drink, which seems to be a competitor to the monster on the market, Red Bull."

"I can only say that your source of information is very unreliable. No matter how much it is, I won't be able to disclose it because it involves commercial secrets."

Zong Qinghou showed a mysterious smile, "The only thing I can say is that Qilixiang does not pose a threat to Wahaha. It is too focused on milk tea drinks, but Wahaha is not."

"But the market share of Wahaha's AD calcium milk dropped by 26% due to the impact of Qilixiang Shuangwaiwai..."

Before the reporter asked the question, Zong Qinghou's face instantly dropped, and he was so frightened by the sharp eyes that he did not dare to open his mouth.

He abruptly ended the conversation and squeezed out of the crowd.

"Pfft."

Lu Yun rolled his eyes and realized that the enemy of his enemy was his friend. He was determined to be his friend.

Then he quickly walked into the lobby of the venue, and what caught his eye was the banner hanging above the stage——

"Gather strength and work hard to rejuvenate the country."

The seats were placed below. I never expected that not only the provincial leaders were here, but Sha Ruijin was also there.

"Hiss~"

Lu Yun was so excited that this scene was too rare.

Sha Ruijin only made an appearance at the first private enterprise summit. What kind of wind brought him here today?

At this moment, the staff reminded the many big bosses lingering in the aisle one by one:

"Please hurry up and take your seats, the opening ceremony will begin soon."

"good."

Lu Yun nodded and walked to the fourth row.

Just as I was about to sit down, I suddenly found that there was an empty seat in the first row full of people, and there was a name on the back of the chair——

"Lu Fei."

"What's going on with Mr. Lu? The leaders all came 10 minutes early, but he hasn't come yet since it's about to start."

"Is there something urgent that makes you absent?"

"If you are absent, you will tear off the sticker and rearrange someone to go up. How can the first row be empty?"

"This is quite embarrassing. I heard that Leader Sha came to this summit specifically because President Lu was here."

"Isn't that right? I gave Mr. Lu enough face, but I didn't expect that Mr. Lu wouldn't give Mr. Sha any face."

"..."

Many people in the venue were muttering and whispering.

Lu Yun was busy looking at his phone. The opening ceremony started at 9 o'clock.

Now, it's 9:01!

For a moment, I felt so happy that I was late. Lu Fei dared to be late!

I won’t say much more about who Sha Ruijin is, everyone knows...


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