Baili official flagship mall, invested in logistics express, built a Baili credit system, and opened Baili financial loans......

At the press conference, Baili Group's measures were completely aimed at Longteng Group. How Longteng Group plays, Baili Group plays, and it is bigger and more varied.

Although Longteng Group has made a lot of noise during this time, it cannot be compared with Baili Group in terms of scale. Baili Group is now the world's largest e-commerce platform, and its influence is not only in China, but also in other countries.

Baili Pay has entered many countries, and in terms of market share, Longteng Group's share is relatively small. Although Longteng Group took the lead in making Yu'e Bao, in the current Chinese market, Longteng Group's share is only a quarter at most.

Scale, the weakness of Longteng Group is in scale. It started relatively late and has a very low market share. This is a fact that cannot be changed, after all, when Zhang Fan was reborn in this world, Baili Group was already the first in the world.

It is not easy for Longteng Group to seize such a large market in China. If you were someone else, you wouldn't have wanted to do it at all.

"Baili Group Press Conference Enlarges ......"

"Target Longteng Group, Baili Group's big action is ......"

"The establishment of a 100-mile credit system, the advent of the credit era ......"

"The e-commerce war opens ......"

"Logistics attaches great importance to rural areas, and the rural market has attracted the attention of e-commerce ......"

"Baili Group will build a Baili taxi ......"

The press conference of Baili Group caused domestic media reports one after another, and the news of Baili Group began to appear on a large scale in the media. Baili official flagship mall is also officially launched, at the same time, Baili Group has begun to burn money on a large scale, the price of many products is currently very low, the goal is very simple, and Longteng Group to fight a price war, to see who can hold on to the end.

E-commerce war, price war, this invisible business competition has reached the most fierce time. Relying on the terrifying scale and huge funds, Baili Group is not afraid of burning money at all.

However, Longteng Group is at a disadvantage in this regard. The money is not as much as Baili Group, the scale is not as large as Baili Group, the advantage of Longteng Mall is the price advantage, and now this advantage is lost, and the life of Longteng Group has suddenly become difficult.

"iFLYTEK's self-operated mall is back online, and the self-operated model ensures authentic ......"

"iFLYTEK Credit System Establishment ......"

"iFLYTEK Group makes efforts to ...... e-commerce"

"iFLYTEK Group will enter the taxi market......"

Just when Baili Group and Longteng Group were lively, Xunfei Group quietly joined the battle. iFLYTEK Mall has been revised and re-launched, and after the launch, it completely adopts the self-operated model of Longteng Group.

Build your own store and at a very attractive price. Obviously, iFLYTEK also wants a piece of this market. At the same time, iFLYTEK and Baili Group have announced that they will build their own taxi-hailing software, and it is clear that no one in this market is willing to give up.

At the headquarters of Longteng Group, Zhang Fan looked at the news with a serious face. Obviously, the current situation is extremely unoptimistic for Longteng Group. The two giants have joined this e-commerce war, and they have ample funds.

Compared with them, the biggest weakness of Longteng Group is that it does not have sufficient funds. Burning money, this war has entered this stage, that is, it has entered the stage of burning money, and without money burning, this war cannot continue.

Longteng Mall needs to burn money, and Longteng taxi needs to burn money. Other subsidiaries are not counted, just these two big money-burning companies are too stressful for Longteng Group, which has not yet been listed.

"Chairman, we are now facing a lot of financial pressure. At present, these two companies are burning too much money. If Baili Group and iFLYTEK Group increase their efforts, I am afraid that our funds will become very insufficient. ”

Xu Huang said seriously. Burning money shouts, a bottomless pit, no one knows how long this bottomless pit can burn. The capital war is life and death, and the competition is who can hold out to the end.

Baili Group and Xunfei Group have also stepped on other people's bones along the way. It's not that many e-commerce groups are not excellent, but they can't stick to the end.

In the final analysis, shopping malls are still a game of capital. In the case of an opponent in method chess, the competition is whose capital is stronger. E-commerce is not a high-tech thing, and there are not too many technical bottlenecks. Longteng Group has seized a lot of opportunities by relying on new tricks, and now Baili Group and Xunfei Group are catching up, so that Longteng Group's advantage of the first opportunity is quickly lost.

"Chairman, it's really not good, let's go public. Financing is also ......"

Xu Huang looked at Zhang Fan, wanting to solve the financial problem. At present, the two best ways to do this are to go public or raise capital. Now Longteng Group is a non-listed company, Zhang Fan holds 100% of the shares, in the current society, there are very few companies like Longteng Group.

"It can't be listed yet......"

Zhang Fan raised his head and went public, Zhang Fan is not ready to let his company go public at present. Although the listing can quickly get funds, Zhang Fan himself will also be subject to some supervision.

The most important reason why Longteng Group can develop so rapidly is Zhang Fan's Yiyantang. It is precisely because of Zhang Fan's courage and arbitrariness that Longteng Group has risen rapidly in such a short period of time.

Zhang Fan's talent is obvious to everyone, and when Zhang Fan was in the company, he was basically a word. Zhang Fan either doesn't care about the company's affairs, and he must listen to Zhang Fan's own opinions.

"Chairman, you mean financing?"

Xu Huang looked at Zhang Fan and couldn't help but ask, there was a lot of capital that wanted to finance Longteng Group before. However, Zhang Fan did not agree.

"Raising funds is not just a means of financing. In the current situation, how much money do you think is enough? ”

Zhang Fan asked seriously.

"Judging by the current rhythm of burning money. Burning money, at least at the level of tens of billions. The more time passes, the more money is burned. ”

Xu Huang said seriously. Burn money, at present, Longteng Mall and Longteng taxi need to burn money. Especially for Longteng Taxi, a single Baili Group and iFLYTEK Group have entered the taxi market, and it will definitely be a price subsidy war at that time.

As for Longteng Mall, it also needs to burn money. For such a large-scale enterprise, burning money is too fast, after all, the market is too big. If you can't find a profit point, it will take longer to burn money.

Zhang Fan nodded, with a serious look on his face. At present, the first thing in Longteng Group is to raise funds and burn them down. The second is to find a way to make a profit and find the most suitable profit point.

Only when you make a profit can you solve the problem of burning money. Otherwise, only burning money and not making a profit, this is a bottomless pit. Besides, Longteng Logistics still needs a lot of money to improve, thinking of this, Zhang Fan squinted his eyes and began to think about where his advantages were.