Chapter 488 The largest express company in Indonesia
J&T Express is an Indonesian technology-based express delivery company based on the development of the Internet. It is also the first express delivery company in Indonesia focusing on the e-commerce field.
Its business covers Indonesian intra-city, domestic and Southeast Asian express delivery business and online business. Most of its business comes from e-commerce.
After Zhang Yida took a private plane to Jakarta, Indonesia, he sent a message to J&T founder Li Jie through two intermediaries, Tokopedia CEO Tanuwi Arya and pak CEO Achima, saying that he wanted to meet with him.
Li Jie was a little confused. He and Zhang Yida had nothing to do with each other. Why did he ask him to meet?
If there is any involvement, the e-commerce platforms Shopee, Tokopedia, pak and other companies that J&T Express cooperates with have a shareholder named Ruixiang.
Before setting off, Li Jie made a phone call to his good friend Huang Xing, trying to get more information about Zhang Yida from the latter, so as not to be unprepared for the conversation later.
"Why do you want to know Zhang Yida? Are you two involved in anything?
Let me tell you, although he is young, he has a lot of bad things in his belly.
If you deal with him, don't underestimate him because of his age."
Although due to time, the hatred in Huang Xing's heart has already been diluted.
But every time he heard the name Zhang Yida, he could never have any favorable impressions.
Pinhaohuo was originally developing well, but because Pinduoduo and Penguin colluded, it was forced to a dead end.
After receiving investment from Ali, Pinhaohao has not experienced any major development.
After all, he's not Ahri's biological son, so why should he take care of you?
After struggling for more than a year, at the end of last year, Huang Xing chose to give up, sold the assembled goods to Ali, cashed out and left.
Now he is free at home, looking into the next entrepreneurial opportunity.
As for Pinhaohuo, it was merged into Ali Juhuasuan.
Hearing the resentment in Huang Xing's words, Li Jie smiled and persuaded: "It's been so long, so don't take it to heart all the time. This is how shopping malls are, either you die or I live.
At that time, I was Zhang Yida. I had the Penguin card in my hand that I could use, and I would also play it to cause trouble for other competitors."
Huang Xing smiled and said, "Okay, I can't tell you. In fact, I don't know much about Zhang Yida. I can only say that I have a superficial understanding of the environment that Ruixiang and Zhonghe are in, as well as their relationship with various Internet giants."
Cognition.”
"Okay, then tell me about your "shallow" knowledge."
The two of them have a good relationship and joke around very casually.
“Fortunately, Ruixiang’s only enemies are Ahri and Penguin, because other companies are simply not big enough.
Zhonghe has too many opponents. Companies such as e-commerce companies are fighting Ali and Goudong, entertainment companies have slapped Penguin in the face, and content has turned against Toutiao, Qiandu, Sina, and NetEase. Companies such as Zhonghe are not very fond of Zhonghe.
I am involved in too many sub-sectors and I have made enemies everywhere.”
Although he didn't praise Zhang Yida's approach in words, Huang Xing was actually very envious of it.
With so many traffic portals and popular applications in hand, what if you are an enemy of the entire Internet circle?
After all, wherever there are people, there are rivers and lakes, and wherever you go, you rely on your fists to do the talking.
If he were Zhang Yida, he might be even more arrogant than him.
"By the way, I heard that Zhang Yida is very popular in Southeast Asia and India. Is this true?"
Li Jie smiled and said: "Of course it is true. Several e-wallets from Ruixiang Holdings are considered to be the first echelon in the local area, and those invested by Ahri and Penguin are slightly behind.
There are a total of 8 unicorns in Southeast Asia. Ruixiang has hit 6 of them. Counting Lazada, which has withdrawn, there are 7. Do you think they are amazing?
I heard that it was all an investment plan finalized by Zhang Yida. If he didn't start a business and become a venture capital investor, Shen Beipeng would probably lose his job.
Now, brother, I have to make a living working for the company he invested in. No, just one phone call and I have to rush over to visit him."
"What are you doing for a living? You are being too modest. J&T Express is now the largest express delivery company in Indonesia, isn't it?"
Li Jie laughed "haha", which was regarded as acquiescence.
Huang Xing was both happy and sad that his good friend's business went overseas so successfully. He was happy because he was happy for his friend's achievements today, but sad because his own business was a complete failure.
Although he received tens of millions of RMB, it was not a waste of money, but Huang Xing, who was very ambitious, believed that it was a failure. He did not even achieve the goal of becoming a unicorn and had nothing to do with success.
"I heard that you've stepped down from your position at Pinhaohuo? How about you come and help me? You can be the president and get some equity."
Li Jie's invitation was very sincere, and it came with a high position and an equity stake. According to the valuation of Blackshirt Capital Investment last year, one point of equity in J&T Express Company was worth US$5 million.
Huang Xing hesitated for a while, but still declined with a smile: "Thank you for your kindness. I have selected the projects here and want to start the next round of entrepreneurship, and my wife and children are all in China, so you understand."
Li Jie stopped trying to persuade him and asked, "What project are you doing?"
"Selling vegetables!"
Li Jie was stunned for a moment and emphasized: "Selling vegetables?"
"Yes!" Huang Xing said with a smile, "I plan to open a vegetable market."
Li Jie can't believe that a top student from the University of Wisconsin with a Google resume would engage in such a low-level business, just to fool me!
Huang Xing was very measured and did not continue to joke, but explained: "The vegetable market is open online, and we will provide delivery."
"Fresh food e-commerce?" Li Jie quickly responded.
"Yes, that's it. I think there should be some opportunities for community group buying + delivery."
"I'm just telling you, how can you open a vegetable market?"
Li Jie smiled and said, "If you need investment, just let me know at any time."
"Okay, if I'm short of money, I'll look for rich people like you."
Li Jie shook his head, "How can I be a rich man? Mr. Duan is the one. You can ask him to give you two tricks."
Speaking of Duan Yongping, Huang Xing felt very sorry for his mentor, who gave him so much guidance, but in the end he still failed.
Huang Xing forced a smile and said, "I'll see you later."
Li Jie added: "Please help me analyze it. What do you think Zhang Yida wants to do with me?"
Huang Xing pondered for a moment, then spoke: "According to some friends, Zhang Yida likes investing very much and likes to interview founders.
I guess he is probably interested in your company and wants to invest in you.
Or, Pinduoduo has ideas about building a logistics system and invites you to return to China to do something big together.
Of course, there is another possibility: to acquire you!"
This was not far from what Li Jie had speculated, but he had never thought about the possibility of the other party acquiring J&T.
"Does he also like my small company?"
Huang Xing laughed, "I'm telling you, you have to pay attention, Zhang Yida is the best at picking up leaks.
Musical.ly, an application with hundreds of millions of users overseas, was bought by him for 25 million yuan.
You have to hide those treasures of yours, or don’t sell them too cheaply.”
Li Jie shook his head firmly on the phone and said, "Investment is allowed, but acquisitions are strictly prohibited!"
After chatting for a few more words, Li Jie hung up the phone.
He didn't think too much, but got into the car and drove to the place where he and Zhang Yida had agreed to meet.
The meeting place was arranged at the manor of the Li Wenzheng family. After arriving, Li Jie looked at the magnificent mansion and thought to himself that the rumors were indeed true. Zhang Yida had a close relationship with these Southeast Asian plutocratic families, and even made an appointment to meet him at their home.
It is also possible that even the Qianwang family wants to invest in their own company.
In short, it shouldn't be a bad thing, so I won't think too much about it, I'll figure it out when I meet him.
Under the guidance of the housekeeper, Li Jie walked into the manor.