Reborn in 2014, getting rich from the World Cup

Chuzhou.

Yang Zheng didn't go to class these days because he came to Chuzhou.

The reason for coming to Chuzhou was that Huoduoduo was running out of money in his account.

Huoduoduo went online in December last year.

The official promotion began in January this year.

In March, activities such as "Cut the Price" and "Red Envelope Cashback" were launched.

Orchards, farms, ranches, and fisheries, these four systems that allow users to use them for free, have all been launched one after another.

The amount of money consumed is quite terrifying.

Yang Zheng provided an initial capital of 30 billion, and Zhao Yi invested 50 billion.

A total of 80 billion yuan in funds.

If you really count it, it only lasted for half a year.

Now there are less than 2 million left.

But with so much money spent, the effect is certainly very good.

Currently.

Huoduoduo’s total registered users have reached 4.2 million.

The amount spent on goods was 6.8 million.

The gap is not small.

But don’t forget that Kaohuo was launched in 2003, and it has been online for 12 years now.

Huoduoduo has been online for less than a year.

Of course, the data on registered users is very inflated.

Especially after Huoduoduo launched the "invite friends to receive cashback red envelopes" feature.

The proportion of invalid zombie users has increased greatly.

Therefore, what is more important now is the data of active users.

And the data for August.

Huoduoduo has 1.22 million daily active users and 2.16 million monthly active users.

Duohuo has 1.46 million daily active users and 2.43 million monthly active users.

There is still a gap.

However, it also depends on the incremental speed of the two.

It’s too early to talk about it.

Otherwise, Huoduoduo would have to start from scratch, which would be too bullying.

Just look at the data for July.

In July, Kaohsiung had 1.38 million daily active users and 2.31 million monthly active users.

The increase in both figures was only around 5%.

In July, Huoduoduo had 1.03 million daily active users and 1.73 million monthly active users.

The increase in daily active users was 18.4%, and the increase in monthly active users was as high as 24.8%.

Now that this data is released, it is no longer a pipe dream to say that goods can catch up with shopping.

In the conference room anyway.

Liu Wenqi, Zhu Chengming, Zhao Yi, and Ye Shiliang all had happy smiles on their faces.

Yes, we are in a meeting now.

Huoduoduo’s first general meeting of shareholders.

Although Huoduoduo is still managed by Yang Zheng, he can be said to have the final say.

But this is only for the development of the company.

It's about financing, shareholding and other things.

Of course, he is not the only one who has the final say.

Now Huoduoduo needs funds, and everyone has to increase capital according to the shares they hold.

Those who are unwilling to increase capital will have to reduce their holdings.

And Huoduoduo is developing so smoothly and rapidly.

The four major venture capital firms would certainly not want their shares to be diluted.

So even though Yang Zheng still has some funds, he can't transfer them directly to Huoduoduo's account.

Other shareholders would not agree.

That’s why this shareholders’ meeting took place.

This is actually also considered a financing meeting.

"Then there are the relevant data on transaction volume."

Su Xiang, the new COO of Huoduoduo, who was in charge of presiding over the meeting, continued to speak.

Under the bombardment of money, the gap in user scale between Huoduoduo and Kuahuo is no longer that big.

It may be due to factors such as market positioning and development strategy.

At present, there is still a big gap between the transaction data of the two.

8 month.

The total transaction volume of Daohuo for the whole month was 2197 billion yuan.

Huoduoduo only has 812 billion.

With the same user scale, this data gap can be said to be very large.

But when Su Xiang reported this data, he still had a very confident expression on his face.

Or because of...increment.

7 month.

The total transaction volume of Daohuo for the whole month was 2177 billion yuan.

Huoduoduo’s is 656 billion.

The increase in shopping is less than 1%, even less than the market increase.

The increase in Huoduoduo was as high as 23.78%.

A more intuitive piece of data is.

In July, Duohuo’s market share was 64%; in August, it was 61%.

Huoduoduo's market share was 19% in July and 22% in August.

Judging from the data, Huoduoduo has taken 3% of the market share from Taohuo!

But don't underestimate this tiny 3%.

The third largest e-commerce platform now is Jindong.

Its current market share is only 12%.

Its market value is 334 billion US dollars.

If you calculate it this way.

3% market share, worth 83.5 billion US dollars!

Huoduoduo’s 22% market share is equivalent to US$612 billion.

Nearly 3900 billion Xia coins!

When Zhao Yi and Liu Wenqi, that is, Xiling Venture Capital and Hongxia Capital, invested in Huoduoduo, they only calculated the valuation based on 500 billion yuan.

When Haidong Holdings acquired the shares, the value was calculated at 2000 billion.

The final value of the Meishi Group was only calculated at 3000 billion.

In other words.

Even if Huoduoduo's development stops here, the four major venture capital institutions will make a lot of money.

The development of Huoduoduo is obviously just the beginning.

Trillion market value.

When Yang Zheng proposed this goal before, no one took it seriously.

And now, everyone can "see" it without him mentioning it.

"Another point."

After Su Xiang reported some data, he continued:

"In June, the market value of Kaohsiung reached a peak of US$2258 billion."

"By the end of July, its market capitalization was only 1967 billion. By the end of August, it was 1713 billion."

"And yesterday it was 1542 billion."

The meaning of this statement is very clear - it is getting worse and worse to buy things at a loss!

And if we compare it with the data she listed before, it seems that Huoduoduo has driven down the stock price of the companies that sell goods.

And in fact.

In the previous life, Pinxixi had not yet been officially launched.

Taohuo also experienced a similar downward trend in stock prices.

It is mainly affected by changes in the international market.

But only Yang Zheng knew this information.

No one else knows.

Therefore, including Su Xiang himself, he felt that it was because they had too many goods that the stock price was driven down.

This is undoubtedly very exciting.

Even after Su Xiang finished speaking.

There was immediate applause in the conference room.

Enduring.

And after the applause fell.

Everyone also began to praise Yang Zheng.

"It turns out that only by following Boss Yang can you have meat to eat, awesome!"

"Brother, you're really good! Taohuo has dominated the e-commerce field for more than ten years, and now you've finally made a real breakthrough!"

"..."

"You are all too kind. This is the result of everyone's concerted efforts."

Yang Zheng said modestly, paused and said:

"The company's account is short of funds and needs to raise funds as soon as possible."

"According to the company's development plan, this budget requires a total of... 20 billion."

He trailed off.

The conference room suddenly became much quieter.

Value is value, market capitalization is market capitalization, and capital is capital.

A cash flow of 200 billion is really an extraordinary amount.

But do you think this is a lot of money?

The previous 80 billion only lasted for half a year.

And it's not even at full power.

The real big move - "10 billion subsidies" - has not yet started.

Yang Zheng is also preparing to launch the "10 billion subsidy" plan.

All the money spent before was used to "buy users".

And now the user scale has caught up.

Naturally, we need to improve transaction data.