Chapter 478: Xunfei's Crisis

"PlayerUnknown's Battlegrounds" was a huge hit, and the entire game took the world by storm. Set off a wave of terror across the globe. And playing with friends and friends has also become a trend.

At this moment, the support of using QQ began to soar like a rocket. A single use of QQ, only Alipay is used, and Longteng Mall has slowly become natural.

As the number of QQ users increases, the number of iFLYTEK users naturally decreases. Coupled with the failure of "Total War", from September 15th, Xunfei's stock began to fall sharply, and many people began to sell the stock of Xunfei Group.

And on the Internet, the propaganda department of Longteng Group is not idle. A large number of critics began to sing the praises of iFLYTEK, and at the same time listed various data, making shareholders begin to doubt iFLYTEK.

"Large-scale loss of iFLYTEK users, iFLYTEK Group has encountered the biggest crisis......"

"Instant messaging software encounters challenges, QQ's market share expands ......"

"Longteng Group has risen in an all-round way, and iFLYTEK has become the biggest victim......"

"Xunfei was abandoned, and Longteng QQ rose ......"

"iFLYTEK executives are suspected of selling stocks on a large scale to cash out ......"

News after news, not only at home, but also abroad. Especially in the United States, iFLYTEK Group was listed in the United States, with a market value of as high as $300 billion, and was very popular with American stockholders.

Now, the popularity of "PlayerUnknown's Battlegrounds" has caused a series of chain reactions. The first to bear the brunt is the iFLYTEK Group, which opens every day, and the shares of the iFLYTEK Group are falling.

The market value is constantly evaporating, and this situation has caused panic among retail investors, resulting in a massive sell-off. Although iFLYTEK Group mobilized funds to stabilize the stock price, in this case, where is the stock price so stable.

In particular, the market for instant messaging software is gradually shrinking, making investors even less optimistic about iFLYTEK. In just one week, iFLYTEK's stock fell by 20 percent, and its market value evaporated by more than $50 billion.

This result scared big domestic companies, especially Internet companies. The stock bubbles of Internet companies are very large, and some data looks beautiful, but when there is a problem, the stock falls very quickly.

There are many examples of this, and now stocks are falling by this magnitude. Many major shareholders have also wavered in their hearts. Some major shareholders have even begun to sell their shares.

In Shencheng, Ma Xunfei hasn't slept a good night's sleep for a week. I couldn't sleep at all, and I found many solutions to no avail. He even used his connections in China to suppress the Longteng Group administratively.

But the results are very pessimistic, and the Longteng Group seems to have become a taboo, and no one dares to touch it at will. can't touch it, and things can't turn around, Ma Xunfei naturally has to find a new direction.

"Chairman, we won the ...... of Xinhe Department Store"

In Ma Xunfei's office, a phone call came in. When he heard the information on the phone, Ma Xunfei took a deep breath.

"Okay, let's hold a press conference according to the plan. ”

Ma Xunfei said in a low voice, Ma Xunfei was naturally not idle during this time. The acquisition of Xinhe Department Store is a risky move by Ma Xunfei.

Xinhe Department Store, a famous department store chain in China, has thousands of stores throughout China. It used to be a smash hit, but since the popularity of online shopping, the performance of Xinhe Department Store has been worse year by year, and the profit has also decreased significantly.

This time, Ma Xunfei's acquisition of Xinhe Department Store at a relatively high price is also a good thing for Xinhe Department Store.

"iFLYTEK Group held a press conference, and there was a major announcement ......"

"iFLYTEK Group's strategic adjustment, what is the goal......"

"iFLYTEK Group ......"

The news of the press conference of iFLYTEK Group was announced, and many people also paid attention to this press conference. Including Zhang Fan, too, paid attention to this press conference.

As night fell, the conference was broadcast live around the world on many live streaming platforms. At the beginning of the press conference, Ma Xunfei took the stage.

"Good evening everyone, thank you for coming to the press conference of iFLYTEK Group in your busy schedule. The reason why I am standing here today is because we at iFLYTEK Group will be here tonight. Another inflection point is ushered in. This morning, we successfully acquired Xinhe Department Store at a price of 23.6 billion yuan. This is the beginning of our iFLYTEK Group's new retail ......"

Ma Xunfei said with a smile, when the news was announced. Many people were shocked. Who doesn't know Xinhe Department Store, a well-known department store group in China.

Now in all parts of the country, there are still many stores of Xinhe Department Store. Now that iFLYTEK Group has wholly acquired Xinhe Department Store, what does iFLYTEK Group want to do?

"New retail, that's what I'm going to say today. In this internet age, the retail model has also changed dramatically. Everyone is used to online shopping, but it is undeniable that retail is still an essential industry. How to organically combine the Internet and the retail industry, this is the next step for our iFLYTEK Group. ”

Ma Xunfei said with a smile that an ecological circle appeared on the big screen.

"In the future, we will organically combine iFLYTEK's self-operated, iFLYTEK logistics warehousing, and Xinhe Department Store. Implement the unification of online and offline. You can place your order online and pick it up offline. You can also see the goods offline and place an order online. In any city where there is Xinhe Department Store, you shop in Xunfei's self-operated store, we will pick up your products from Xinhe Department Store as soon as possible and deliver them to your door in the shortest possible time. At the same time, it provides 24-hour delivery service, such as if you have no paper at home at night. You place an order, as long as you are sitting in the city of Xinhe Department Store, we can deliver the goods to your home in the shortest possible time......"

Ma Xunfei began to explain the significance of Xunfei's new retail. After listening to iFLYTEK Group's new retail, many people took a breath of cool air. This model is more convenient than warehousing and logistics warehouses.

The speed of Longteng Mall is already very fast, and the average city can receive things the next day. But now iFLYTEK is playing even harder. The receiving time has been reduced from days to hours, or even minutes.

If the goods are not expedited, they will be delivered within six hours. If you rush it, you can get it to your home within an hour. In other words, all Xinhe Department stores are a logistics warehouse of iFLYTEK.

This is similar to the all-round logistics and warehousing that Longteng Group is building. However, Longteng Group chose to build it itself, while iFLYTEK Group chose a more convenient method and directly acquired a supermarket chain.

"In the future, we will increase the number of Xinhe department stores across the country. In the future, the footsteps of Xinhe Department Store will enter the county-level, even town-level, village-level administrative units. Let everyone enjoy better retail services......"

After Ma Xunfei finished speaking, there was applause at the scene. This move, iFLYTEK Group is more risky, but it is undeniable that the future described by Ma Xunfei to everyone is indeed more attractive.