Chapter 301: O2O Strategy Huanan! Dad, I
Slept for twelve hours straight?
Chen Yansen stared blankly at the wall clock; the energy consumed by activating 【Planck Clock】 far exceeded expectations.
Though his mental energy had recovered, his stomach had long been empty, growling loudly.
The fridge door sprang open automatically; a pineapple bun and a bottle of milk flew straight into Chen Yansen's hands. He devoured them—three bites finished the bun, and the 650-milliliter bottle of fresh milk was gone in an instant.
Not enough!
Chen Yansen ate two more pineapple buns and drank another bottle of fresh milk before the hunger eased slightly.
He let out a long sigh!
Chen Yansen collapsed onto the sofa, unable to help but marvel at the terrifying nature of this talent.
His mind raced at high speed for three hours, yet only three seconds passed in reality—as if he'd activated God Mode, giving him the illusion of controlling all things.
If he continued strengthening his mental energy, he could remain in the 【Planck Clock】 talent state for all 24 hours of the day; then mathematics, physics, chemistry, astronomy, and life sciences would all reveal their secrets to him without resistance.
Thinking of this, Chen Yansen summoned his system panel.
Human Dao Ember remained at 27 strands, Divine Dao Ember at 105 strands, mental value at 100, physical value at 10.1.
Just as he'd expected, beneath the Divine Dao Ember, a new option for synthesizing Immortal Dao Incense had appeared.
Every 100 strands of Divine Dao Ember could be synthesized into 1 strand of Immortal Dao Incense.
"Let's try!"
Chen Yansen focused his intent; a strand of purple mist, as thin as a hair, materialized out of thin air and shot instantly into his third eye.
In an instant, starlight blazed wildly in his mind, as if he were drifting through an endless cosmic river, his brow glowing with clarity.
A few breaths later, his mental value rose to 100.01!
Though it had only increased by 0.01, Chen Yansen clearly felt his mental perception radius and maximum object-control weight had both improved.
He didn't waste the remaining 5 strands of Divine Dao Ember—he allocated them all to his physical value.
Once the object-control weight limit surpassed his body weight, wrapping a few loops of mental energy around his waist generated enough buoyancy to offset part of gravity, instantly solving the problem of excessive body density.
At 10 points of physical value, he awakened the 【Rhino Skin, Tiger Bone】 talent—immune to water and fire, impervious to blades and bullets. What about 100? What about 1000?
For a moment, Chen Yansen was filled with eager anticipation!
Only after a minute did his emotions gradually calm.
He took off his dirty clothes, stepped into the bathroom for a hot shower, brushed his teeth and washed his face, then changed into a clean, fresh set of casual wear and stepped out the door.
He went downstairs, got into the driver's seat of the Bentley Mulsanne, and sped toward the tech park.
He had found a better technical solution to the intelligent memory compression problem of aurorafutureos—he naturally had to start over from scratch.
Ten minutes later, Chen Yansen parked the car and walked straight into Building Nine, then opened the office door, turned on his computer, and began working.
The tech park was eerily quiet on the weekend; most employees were on vacation, with only a few on-duty staff and online customer service personnel present.
After Pinduoduo, Sister Chengzi Tech, Today Tech, and Sister Chengzi Pay passed their initial development phase, overtime gradually decreased as employee numbers grew.
The original 997 work schedule had been adjusted to 986.
That meant two extra hours of work per weekday and six extra hours on Saturday; employees balanced work and life while still earning substantial overtime pay each month.
Of course, some employees with plenty of money chose the 955 rhythm instead.
Chen Yansen had no objection—he knew the overtime pay system was in place; if you wanted to earn more, work overtime; if you didn't want to, the company wouldn't use it to restrict quarterly bonus evaluations or promotions.
The morning passed quickly. Chen Yansen looked up, stood, and walked to the window—just in time to see Song Yuncheng below.
She really was relentless!
Chen Yansen smiled faintly. With Song Yuncheng's abilities, even if she left him now, she could easily land a position as Head of Business Development at any major internet e-commerce giant, with a monthly salary no lower than 50,000 yuan.
After all, she was his own protégée.
While Chen Yansen was busy developing his self-built system, Wang Xin met with representatives from Sequoia Capital and Transatlantic Capital at Meituan's headquarters in Beijing.
With no domestic interest forthcoming, Wang Xin had turned his attention to foreign capital.
Fortunately, Western investment institutions placed immense value on China's 1.4-billion-person market—even as Meituan found itself surrounded by enemies and had lost its position as industry leader.
Yet Hong Jing, General Manager of Transatlantic Capital's Beijing branch, still unhesitatingly chose to invest in Meituan.
Because whether in food delivery or group-buying, Meituan still held tangible value in its business model, industry development, and market potential.
"Wang Zong, as I understand, in June last year, Meituan received a joint investment from Mama Ali and Sequoia Capital totaling $80 million, post-money valuation around $196 million. Over the past year, Meituan's market share rose from 6.7% to 23.9%, though it recently dropped three percentage points…"
Hong Jing spoke slowly and calmly in Meituan's conference room.
Beside her sat several financial analysts and legal advisors from Transatlantic Capital, all dressed in sharp suits, exuding the Jingyingzuo Sect demeanor.
Shen Nanpeng of Sequoia Capital sat directly across, expressionless and silent.
Wang Xin opened his mouth to argue, but Hong Jing waved him off: "Mr. Steven has studied Meituan's organizational structure and business model and acknowledges your operational skills—but I cannot accept your $1 billion valuation."
Steven Dannin was Chairman of Transatlantic Capital, wielding immense influence within the group. Logically, Hong Jing's investment judgment should have dismissed Wang Xin and Meituan entirely—but her boss had spoken, so she had no choice but to comply.
"Five billion dollars maximum. Otherwise, Transatlantic Capital will withdraw." Hong Jing crossed her arms and added, before Wang Xin could respond.
"If it's five billion, Sequoia Capital can accept it too," Shen Nanpeng said slowly, straightening his posture.
Though he believed in Wang Xin and Meituan, as a seasoned investor, he knew maximizing ROI meant acquiring the most equity with the least capital.
As for personal ties?
Businesspeople don't have feelings!
"Eight billion dollars. That's my bottom line," Wang Xin replied, his face taut, each word deliberate.
He refused to sell Meituan's equity at a fire-sale price!
"Lashou. com sold for $420 million. Nuomi. com sold for $150 million. Though Meituan holds a slightly higher market share, it cannot justify a 100% premium. Five billion is Transatlantic Capital's highest offer. If you refuse, we can discuss again next month."
Hong Jing smiled faintly, lips curled in disdain.
To maintain market share, Meituan poured massive funds into marketing campaigns and channel acquisitions every day—earning nothing, losing tens of millions of dollars monthly.
Without funding from Transatlantic and Sequoia Capital, Meituan might not even survive until year-end.
Hong Jing knew, Shen Nanpeng knew, and Wang Xin knew too.
After pondering for a long while, Wang Xin let out a long sigh and nodded heavily.
Although General Atlantic and Sequoia Capital were suspected of profiting from the crisis, he had no better choice.
Anyway, Meituan had an AB share structure, so Wang Xin was not afraid of losing controlling rights.
The three parties reached a preliminary cooperation agreement: General Atlantic would lead the investment, Sequoia Capital would follow, providing Meituan with a total of 75 million US dollars in development funds.
The financing succeeded, but the valuation was far below Wang Xin's expectations. Simply put, Wang Xin's strategy was to ensure Meituan survived first, then plan for future development.
Equity is sometimes important, sometimes worthless.
On the other side.
After communicating with Gao Ling Capital, Today Capital, and Overseas Asia, Li Yanhong's face grew increasingly gloomy; without exception, all these companies refused to provide additional investment.
Only Junlian Capital remained very interested in the Didi Chuxing project, but Zhu Nanli's demands put him in a difficult position: the other party wanted to elevate Liu Yiqing to the position of Didi Chuxing CEO.
Li Yanhong decisively refused!
The subsidy war between Kuaidi and Didi Chuxing burned nearly one billion in funds within four months; for ordinary venture capital firms, these two were a storm to avoid!
The "Thousand Group War" was so fierce, yet monthly losses didn't even reach two hundred million!
Wanting them to take the fall? No way!
Moreover, the battle between Didi and Kuaidi Chuxing, seemingly a struggle between ride-hailing platforms, was actually a game of capital behind the scenes.
Behind Didi stood Qiandu; behind Kuaidi stood Senlian, Penguin, and Mama Ali.
Everyone had no shortage of traffic and funds; now it was just a matter of who would crack first!
Li Yanhong wanted to imitate Chen Yansen's move, bringing in several more venture capitalists to share the investment risk, but he acted too late; whether internet capital or state-owned capital, they had long been pulled into the Kuaidi Chuxing camp by Chen Yansen.
Unless Kuaidi Chuxing's operations suffered a major failure, no one would change their investment target at the last minute.
"Try contacting Ping An or Temasek."
After careful consideration, Li Yanhong asked his assistant to arrange a meeting with the investment division president of Ping An or Temasek.
Didi Chuxing's monthly losses reached three to four hundred million; the 600 million from the Series D financing was nearly exhausted, so Li Yanhong thought about starting the Series E financing as soon as possible.
Meanwhile.
After completing the layout for the North China, Huadong, and Central China markets, Cheng Weixing set his sights on the Huanan market.
The cities were dense, travel demand was huge, the permanent population reached 170 million, and daily order volume could generate at least over one million.
Swallow the Huanan market first, then move to Northeast China, and basically secure eighty percent of the national market share.
By then, compared to the scale of Kuaidi Chuxing, Didi would be nothing but a child.
"Give a heads-up to President Xiao and Old Pei; together, expand Gao De Maps' O2O strategy scope to cover the southern market."
Cheng Weixing muttered softly, then initiated a video conference.
"President Cheng, what's up?" Pei Yi looked at the camera and asked casually.
"I plan to expand Kuaidi Chuxing's business to the Huanan region; I need traffic support from President Xiao and President Pei."
Cheng Weixing said with a smile.
Kuaidi Chuxing had channel entry points on Kuai Pao's PC and app ends, as well as on Gao De Maps; thanks to the assistance of Kuai Pao and Gao De, Kuaidi Chuxing could firmly suppress Didi's market share below twenty percent.
"So soon? No problem," Xiao Jun readily agreed, saying with a grin.
For orders transacted between Kuai Pao and Kuaidi Chuxing within Gao De Maps, he could take a commission, increasing revenue and boosting profitability.
All three companies were holding subsidiaries of Senlian Capital; their cooperation was naturally seamless, and internal communication faced no obstacles.
"The Huanan market? OK!" Pei Yi nodded and replied.
The person he had arranged had successfully infiltrated Meituan and just learned of Wang Xin's plan to open up the Huanan food delivery market.
Did the other party want to avoid the sharp edge?
He would not let Wang Xin have his way!
The three chatted back and forth for over half an hour before finalizing the marketing plan for the Huanan market, then jointly sent a work email to Chen Yansen.
"The Huanan market? Pei Yi and Cheng Weixing's expansion speed isn't slow; in just over half a year, they've secured the North China, Huadong, and Central China markets."
Chen Yansen opened the email, scrolled the mouse, and finished reading the three people's proposal in just two or three seconds; there were basically no problems, completely replicating previous successful experiences.
It looked aggressive, yet it was step-by-step, steady and solid.
Chen Yansen didn't think much of it and immediately approved it.
Under Cheng Weixing's leadership, Kuaidi Chuxing had always held a leading position in the ride-hailing market.
In terms of project operations and management capabilities, he was in no way inferior to Cheng Wei.
The talents in this world are as numerous as fish crossing a river; it's just that most people haven't encountered a Boluo or a stage to display their talents.
The sky outside grew dark; after eating dinner in the company cafeteria, Chen Yansen drove back to Xu Yuan.
As soon as he got out of the car, the phone in his pocket rang.
"Teacher Tang, what are your orders?" Chen Yansen pressed the answer button and asked with a smile.
"You haven't forgotten about tomorrow's matter, have you?" Tang Qingshan asked tentatively.
"The speech draft is all ready," Chen Yansen blurted out a lie.
"That's good; you are the flagship of our Xu Yuan; many freshmen enrolled in Xucheng College specifically for your reputation."
Tang Qingshan said with deep emotion.
Come on!
Chen Yansen curled his lip in disdain; others might not know, but wasn't he clear?
At least one-third of the freshmen who came to Xu Yuan were masters of score control, barely passing the second-tier line; if not for Xu Yuan, where else could they go?
"Alright, I understand." Chen Yansen pretended to be clueless on purpose, choosing not to point it out.
"Fine, then I won't disturb you. Remember to rest early and keep your energy up." Tang Qingshan, before hanging up the phone, worriedly instructed.
It's just a welcome ceremony; is such importance really necessary?
Chen Yansen put away his phone and helplessly shook his head.
Just as he was about to walk upstairs, chaotic arguing sounds came from the entrance of Boys' Dormitory No. 6.
"Dad, I want to drop out! This broken school's environment is too poor; there are mantises and grasshoppers on the balcony, and last night I even saw a ghost!"
"Ghost your head! Tuition is already paid, you stay put for me. Want to change schools? Take the postgraduate entrance exam yourself! Don't act on every whim all day long and torment your old man!"
A ghost?
Could this damn thing be talking about me?
Chen Yansen's expression froze as he thought to himself.
His spiritual sense exploration diameter is only thirty meters; last night he flew too wildly, didn't pay attention for a moment, and it was indeed possible someone saw a blurry figure.
Sigh, I must be careful.
Chen Yansen did not want rumors of haunting to spread from the Void Courtyard, so he made up his mind: rarely activate Flight Mode.
(End of this chapter)
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