Chapter 762: The Wisdom World is on Fire

Chapter 762: The Wisdom World is on Fire

At the end of the New Year, Chen Xi returned to China after staying in the island country for two weeks.

There has been a lot of quarrels online during this period.

Kosuke Saeki and ABCD fought back and forth, but neither of them had the upper hand.

What surprised Chen Xi was that he originally thought that the little brats from the Saeki family would take the opportunity to cause trouble, but in the end there was no reaction at all.

According to Saori, this might have been caused by a meeting held by the top leaders of the Saeki family after the New Year celebrations.

Seeing that it was difficult to determine the winner, Chen Xi simply chose to go back.

After all, he is now the focus of attention, and the media would like to use his identity to make a fuss.

One day, Chen Xi was actually playing on the mountain near Saeki's house, and saw a sneaky person taking pictures with a camera. After being caught, he found out that he was a paparazzi.

Going to the cargo headquarters, Chen Xi sat in the conference room listening to his subordinates' reports.

"The platform has been losing nearly 100 million yuan every month since its operation. The scale of the initial losses was mainly due to infrastructure costs, marketing costs, operating costs, and the competitive environment..." said an employee with a somewhat unhappy expression.

Warehousing, development of logistics management systems, order tracking systems, driver dispatch systems, etc. require a large amount of capital investment.

In terms of advertising, although Chen Xi has his own advertising company, its business does not cover the whole country, such as offline billboards.

In order to attract users and drivers, subsidies are also needed, such as freight discounts, driver incentives, etc., which results in revenue being far lower than costs in the short term.

A nationwide logistics network needs to cover remote areas, where order density is low but operating costs are high.

The complexity of the business has led to a significant increase in management costs, including regional coordination, quality control, etc.

There are already mature competitors in the market, and those who want to attract goods must invest more money to compete for market share.

"The warehousing and remote area businesses will be suspended for the time being. As the number of users and orders increases, the unit cost will gradually decrease. The vehicle loading rate and warehousing utilization rate will also gradually increase. After the nationwide logistics network is formed, the stickiness of customers and drivers will increase, and the value of the platform will increase significantly. Through the use of big data, artificial intelligence and other technologies to optimize scheduling, route planning, etc., we will start B2B first, so that our profits will increase rapidly. So don't worry too much!" Chen Xi waved his hand, trying to calm everyone's restless hearts.

In fact, the current loss situation has far exceeded his expectations. He originally thought that the loss would be even greater.

Based on his experience in his previous life, he had already suffered considerable losses when he only focused on the northern market.

This is only a loss of nearly 100 million yuan, which is still acceptable.

He simulated it in his mind. If Lalahuo of his previous life had expanded its business nationwide from the very beginning, the initial monthly losses might have reached hundreds of millions to billions of yuan.

"We will continue to increase publicity and promotion efforts, and let users rent the cars first, so that we can quickly recover the funds. I have already talked to JAC, and according to the number of cars we will purchase in large quantities in the future, plus the interest from the car rental company, it will be very profitable overall." Chen Xi continued.

According to his previous profit timetable, the first 1-3 years will be a loss-making period, with the main goal of seizing market share and building a logistics network. In the 3rd to 5th years, regional profits will be gradually achieved, and some high-density cities may begin to make profits. After the 5th year, overall profits will be achieved nationwide, and the scale effect and improvement of operational efficiency will drive profit margin growth.

However, this is only the case of operating independently by pulling goods. If the supply and marketing cooperatives directly participate in the cooperation, the effect will be completely different. In other words, it may take more than a year to get through the loss period.

After all, the supply and marketing cooperative has so many companies to cooperate with, so there is no need to worry about the B2B aspect. There may not even be enough vehicles to transport the goods!
In fact, this is how logistics works. The situation of transporting goods is already very good.

According to the previous life, a certain Dong Logistics invested a lot of money in the early stage to establish a national logistics network, but it did not achieve full profitability until 2021, and the losses lasted for more than ten years.

Let’s look at Bibi Taxi. They quickly captured the market through subsidies in the early stages of expansion, but this also resulted in huge losses, and it was not until much later that they gradually achieved profitability.

Everyone present was a little confused as to why the boss didn't quickly reach a comprehensive strategic cooperation with the supply and marketing cooperative, so that the losses from transporting goods could be stopped in advance.

However, only Chen Xi knew that he was waiting for the giant who had cooperated with him in his previous life to appear.

Feng Yun, Shi Danai, Chen Yifeng and other seemingly famous businessmen can only be considered as the second or third echelon in the mainland. The real first echelon has not yet appeared.

These people can only be like gods in front of ordinary businessmen, but they seem not so good in front of the first echelon.

However, the first echelon of businessmen do not like to show up in the spotlight, which leads to the second and third echelon businessmen feeling that they are very impressive and that they are one of the few well-known entrepreneurs in the mainland. Over time, they regard themselves as the first echelon, and Feng Yun is one of them.

Of course, this division is not based on how much money one has.

At this time, Feng Yun was not in the Wulin headquarters, but in Huajing.

Influenced by his last conversation with Chen Xi, Feng Yun plans to set up a more independent and professional financial services group based on Alipay.

Of course, running a financial company requires money, but if you want to avoid being controlled by the bank, you cannot borrow money from the bank to run the company.

Own capital is a must as start-up capital. Fortunately, Aba Aba Group has money and can take a portion of it. In addition, Alipay has accumulated considerable profits since its operation. The rest can only be obtained from other places.

Feng Yun plans to use equity financing to attract funds, which is also one of the safest ways.

However, if he wants to expand his business, money alone is not enough, he plans to get other people on board first.

At the beginning, Feng Yun came to Huajing to pay a visit, but he encountered obstacles everywhere. However, he was not discouraged, but continued to look for cooperation. After a long time, he really attracted several big bosses.

This is also one of Feng Yun’s strengths, never give up!
If it were someone else, they would have returned to their base in shame if they encountered this situation, but Feng Yun still had confidence.

Oh, the water in Huajing is really deep.

One by one, after chatting for a long time, they would all ask: Will you set up your headquarters here in the future?

It seemed like I would run away if my business didn’t go well. Chen kid was right…

Feng Yun sighed while sitting in the car.

"Ding ding!" At this moment, his cell phone suddenly rang.

The caller was Fan Hongyuan. Feng Yun immediately put on a smiling face and asked, "Leader, what instructions do you have?"

"I don't deserve the instructions. I have made an appointment with Mr. Chen and Mr. Wang..." The leader's majestic voice came from the phone.

Feng Yun was a little confused. It would have been fine if Chen Xi was involved in this cooperation, but why did Wang Zhi suddenly appear?

He couldn't understand what role a useless and down-and-out boss could play in this project?
Besides, this Wang Zhi seems to be on Chen Xi's side. If he is counted as one, wouldn't there be one less piece of the cake?
In fact, many businessmen have a dream in their hearts, that is, one day they can offer advice on national affairs. Feng Yun, Chen Xi and others are no exception, which is one of the reasons why they all want to do official projects.

In other words, it means that one can strengthen his social status by cooperating with the authorities. After all, the numbers in the bank cards are fictitious to a certain extent. Who can guarantee that they will not disappear inexplicably one day?

The project must be obtained!

Feng Yun clenched his fists.

When I went to transport the goods, Chen Xi was still in a meeting.

"What's the current situation of other logistics companies?" Chen Xi sat in a chair and drank tea.

"The big logistics companies didn't react. Maybe they thought that the operating cost of us hauling goods was too high and they would go bankrupt after a while. Or maybe they were reluctant to start a fight because of the slogan "designated partner of the supply and marketing cooperative" in the advertisement. But other small logistics companies began to see a sharp decline in business due to the impact of the hauling of goods. They are now frantically reducing their service fees and want to start a price war with us..." a female employee reported.

"Well, take some time to talk to them and ask them if they are willing to join us in transporting goods. We have ready-made vehicles and employees, so why not work together to make money? Of course, they will definitely earn more than those who take orders outside..." Chen Xi nodded.

"The Didi Taxi services currently on the market conflict with our business..." the female employee continued.

Chen Xi said nothing after hearing this.

This Bibi Taxi is actually somewhat related to Feng Yun, that is, it was founded by a senior executive of Alipay who jumped ship. The initial capital was not much, that is, a few veterans of Aba Aba pooled some money, and then raised several million US dollars to start racing cars on the market.

According to the situation in their previous life, they were raising funds while driving sports cars, and it took them a few months to get tens of millions of dollars in the A round of financing, which stabilized the company.

However, this is just an external statement. In fact, this platform burned a lot of money in the early stage. The company's debt is extremely exaggerated. At present, Bibi Taxi has been advertised all over the Internet, but it is actually a paper tiger.

As long as Chen Xi defeats them in the first half of the year, it will be difficult for them to successfully raise funds later.

In fact, online ride-hailing services in mainland China are currently in a policy vacuum, which means that the industry is in the early stages of development.

Before the release of the Interim Measures for the Administration of Online Taxi Booking Services, online taxis were in a legal gray area. Private cars did not need to change their nature when joining the platform, and drivers only needed to register on the platform to accept orders.

This bill was only introduced in 16, which means that the threshold for setting up an online ride-hailing company is very low now, meaning anyone with money can do it.

In the past, Bibi was not the only platform in China that was working on this project. Many online car-hailing services were earlier than Bibi, such as Yidao Car, Yaoyao Taxi, Kuaidi Taxi, etc., which were all launched earlier than Bibi. Especially Yidao Car, which has been around for 10 years, but it only invested tens of millions of dollars, but its market share was pitifully low.

After Bibi Taxi took over the market, many new online ride-hailing platforms emerged and tried to grab the business, but in the end they all failed.

In other words, if Chen Xi wants to defeat Bibi Taxi, he will have to fight with other platforms later.

However, as long as we can hold on until the "Interim Measures for the Management of Online Taxi Booking Services" is issued, life will be better.

Because if that happens, the threshold to compete with him for his job will be much higher in the future.

"Let's change our strategy first. We should focus some of our attention on online ride-hailing..." Chen Xi made a decision after thinking about it.

The cost of acquiring other small platforms would be very high. They already have business in pulling goods, so it is more cost-effective to burn money to compete with them.

In other words, they want to snatch drivers and users.

If the other party doesn’t even have a driver, what’s the point of driving a car?

At this moment, there is a surge of public opinion on the Internet. An online simulation game "Smart World" launched by Tianya Forum has received unanimous praise from netizens.

After its launch, this game did not introduce any consumption model at all, nor did it require a high-configuration computer, allowing players to play as they please.

Players can freely play roles in all walks of life in the game, which are professions that they can hardly come into contact with in real life. The detailed data of the system not only provides a rich simulation experience, but also can be continuously improved through player feedback.

At present, "Zhijie" has been connected to the database of Aba Cloud.

Feng Yun didn't even know about this project, because no matter how trivial it was, it was impossible to report it to him.

"This game is so realistic. The simulation of each profession is very realistic, especially when I was catching criminals in the police station. The details were handled so well!"

“As a teacher, I was able to experience the careers of forensic scientists and rescue workers in the game, which gave me a better understanding of how difficult and important these professions are!”

"This game actually includes Chinese medicine, tea art, etc. It's amazing. It even has a simulation of the proportion of Chinese medicine..."

Where there are good reviews, there are bad reviews. Some 'experts' and 'knowledgeable people' think that the things in the game are not quite the same as what they have in their minds, so they start to criticize the game online.

A white angel: "I tried the medical simulation and found that the allocation of local medical resources was unreasonable, resulting in insufficient ambulances in many areas. This problem needs to be improved."

A medical expert: "There are still many errors in the medical knowledge part of the game, especially in first aid treatment, many details are incompatible with actual operations."

An electric power engineer said: "Although the game is good overall, there are some annoying minor issues. For example, in the power operation module, many policy simulations appear too idealistic and seriously out of touch with actual operations."

A tea art master: "The tea art part is also a bit disappointing. Many traditional production techniques have not been well restored."

However, these are not what netizens are most concerned about. What they are most concerned about is the simulated stock trading competition that is currently being held.

Since the prize money was $500,000 and there was no need to use one's own money to invest in stocks, everyone came to participate with the idea of ​​trying their luck.

Regarding this simulated stock trading in the country, Chen Xi feels that it is difficult to select any great stock traders from it.

In his opinion, if you want to make efficient profits by investing in foreign stocks, you should go for quantitative trading. As for investing in domestic stocks… even if Buffett came, he would probably lose a few pounds.

Retail investors are all bag holders, and the few who occasionally make money are not because they are so good, but just because they are lucky.

Otherwise, if everyone loses money, no one will play and the dealer will be dead.

This simulated stock trading competition is just a gimmick, created to launch other subsequent competitions.

First, let people get the prize money and get publicity, then we can get folk masters to participate. (End of this chapter)