Chapter 60 Three Major Investment Projects (1/5)
Wang Ye transferred shares of Meigo.com last time, he finally got a huge amount of 18.6 billion yuan. He went to Modu City to buy a car and a house and squandered more than 300 million yuan, and then 1 billion yuan was withdrawn to transfer it to Weiye Entertainment Company's account. Now there is more than 17.2 billion left, and the fraction is ignored.
After getting things done with the entertainment company, he began to convene the board of directors of Meigou.com. It was time to make the next plan.
At the end of June, it was still in the large conference room of the office building No. 2 of Mingguang Science and Technology Park, and several shareholder representatives from Meigou.com gathered together.
The major shareholder and chairman Wang Ye presided over the meeting. When he met this time, Wang Ye found that Li Youlun looked haggard, which was much worse than the last time's full face. He asked him with concern: "Mr. Li, are you in poor health recently?"
"Ah? No." Li Youlun answered in surprise.
"Why do you look so haggard? You can't you play too much, you have to pay attention to your health, haha..." Wang Ye joked.
After hearing Wang Ye's words, Li Youlun grinned and wanted to laugh, but he really couldn't laugh.
Zhou Da of Sequoia Capital, Jack Nie Dingwen of IDG, and Fang Haohua were all here, and the board of directors officially began.
Wang Ye first informed everyone of the relevant data of Meigou.com recently, and the development momentum was very good. After listening to his announcement, several shareholders applauded and were of course happy to see their assets growing.
"At this stage of growth in Meigou.com, we need to start the next plan and prepare for future development in advance. That is to establish our own transit warehouse, logistics system, and cloud computing center!" Wang Ye put forward the plan that had been prepared long ago.
Li Youlun's heart was a little slack, he wouldn't have to pay again.
Zhou Da asked with interest: "I can understand the transit warehouse. It can improve the delivery speed, but is it necessary to build this logistics by yourself? It costs a lot of money. Moreover, the SF Express Express we cooperate with now is still very efficient, so why don't we just continue to cooperate?"
Wang Ye said confidently: "Let's talk about the issue of transit warehouses first. I plan to set up six major transit warehouses in East China, Central China, North China, Southwest China, Northeast China, Northeast China, and Northwest China! The headquarters is the South China warehouse. In this way, our delivery speed will be greatly improved, and most cities can deliver the same day."
The six major transit warehouses are not trivial, and several shareholders are focused on listening to Wang Ye’s explanation.
Nie Dingwen asked: "The current scale of the website does not require so many transit warehouses."
"Yes, it's not needed now, but Mr. Nie must know that it takes time to establish a transit warehouse. The website is also developing rapidly, and it will be too late to build it when needed. Moreover, the transit warehouse is considered a fixed asset, and it can appreciate after early investment."
Wang Ye said in a relaxed tone that he had enough confidence to say such things, and no one could refute it, because the performance of Meigou.com was there.
Everyone nodded silently and agreed.
"As for logistics, major e-commerce companies may not have noticed the importance of logistics yet! In fact, it is not too much to emphasize the importance of logistics! This is the lifeblood of e-commerce!" Wang Ye's tone became excited.
"E-commerce buys goods, but it is not just the product itself. I think what is more important is service and experience! In the future, online shopping will become more and more popular, and the competition between e-commerce will become more and more fierce, and the homogeneity of goods will be very serious. Why should Meigou.com stand out and surpass its competitors? I think it is to provide better services than competitors and bring users a better shopping experience."
"This requires two aspects. On the one hand, it is the improvement of website technology, making the website page more beautiful and generous, and the shopping process is simpler and more convenient. And the more important aspect is logistics and delivery!"
"Please imagine that the same product and the same price, if you buy it on Taobao, it will take three days to deliver it to you. If you buy it online on the US Shopping website, it only takes one day to get it. Even in many first- and second-tier cities, you can get it in the morning and in the afternoon. In this case, you will choose where to buy it!"
After Wang Ye said this series of words, the few people here were convinced. Zhou Da took the lead in applauding and praised him repeatedly: "I know why Mr. Wang has achieved such great success now. Others take three steps at one step, while Mr. Wang takes ten steps at one step, or even a hundred steps!"
Nie Dingwen also nodded and said, "Indeed, before Mr. Wang said this, I felt that logistics was not that important. Now I understand that this is the lifeblood of competition in e-commerce platforms in the future. Logistics must be done, and it must be done well!"
Only Li Youlun doesn’t want to do logistics, because doing this means paying money! According to Wang Ye’s plan, the money on Meigou.com’s books are obviously not enough. Then each shareholder needs to contribute capital in proportion, and if it doesn’t contribute, the shares will be diluted again...
He racked his brains, thought of an excuse, and quickly spoke: "We are now cooperating with logistics, and that SF Express is also very fast, and many places can also deliver the same day!"
Wang Ye glanced at him and explained with a smile: "This is what I want to say below. Why should we give up our current good cooperation partners and invest huge amounts of money to build our own logistics system."
"First of all, the partners are not their own company after all. They are also picking up parts and even serving our competitors. So, Mr. Li, if there are too many express delivery and the express delivery company cannot deliver it, who do you think they will give priority to?"
This question became complicated. Li Youlun thought about it before speaking, "Whoever gives more money will help him first?"
"Yes! Whoever pays more will help you deliver it first! There is a cost issue here. Our Meigou.com generated more than 10 million orders for this shopping festival, which is more than 10 million express delivery. Because it is an agreed price, the cost is not too high, but on average, a express delivery costs will be nearly 8 yuan! In other words, the express delivery fee we bear is as high as 100 million!"
Several shareholder representatives were surprised when they heard this number. This express delivery fee that everyone had not paid much attention to in the past was so high!
Meigou.com implements that the order amount reaches 98 and the express delivery fee is exempted from the express delivery fee. Cosmetics can be bought and bought more than this. Therefore, basically all the express delivery costs are borne by Meigou.com.
This is something other e-commerce platforms cannot do now. After all, they do not have as much profit margin as Meigou.com, which is one of the factors that Meigou.com can rise rapidly.
There are seven transit warehouses, that is, seven logistics fleets are needed. Buying a car is still a small amount of money, and more importantly, supporting people. The number of couriers needs is very large, and the salary is a huge expense.
Everyone understood the two issues of transit warehouse and logistics. After listening to Wang Ye’s explanation, they also felt that it should be done, and no one had any objections.
Now is the third plan proposed by Wang Ye, the cloud computing center. Zhou Da is a little familiar with this term, and no one else has heard of it.
Zhou Da asked cautiously: "As far as I know, there are not many people doing this in the world. The prospects of cloud computing centers are now widely discussed, including those in the investment banking industry, and people in the investment banking industry are not sure how this thing will develop. Mr. Wang proposed it today, I don't know what it thinks."
"I'll list it to you first, which companies are doing this cloud computing." Wang Ye smiled and then began to list it.
"Google, IBM, Microsoft, Amazon, and Taobao are the mainland. Have you found a problem? These cloud computing companies have one thing in common?"
What are the common point? Several people present began to think about it.
"All of them are engaged in the Internet? It's not right. IBM is not an Internet company." Zhou Da said hesitantly.
"No, they are all leading companies in their respective industries! Google is the global leader in search engines, IBM is the leader in providing server system solutions, Microsoft is the leader in computer application software, and Amazon and Taobao are the leaders in e-commerce in Europe, America and mainland China respectively!"
"Since it's all giants who do this, what else can we do with Meigou.com? We can't compete with them." Li Youlun expressed his questions again.
"First of all, we really need it! When we build an e-commerce platform, the biggest investment in hardware is server clusters. Moreover, if we didn't prepare in advance and rent a batch of computer rooms temporarily, we would not be able to deal with so many user visits, and the website might crash at any time! With the increase of website users, the more server clusters we need, and it is better to buy it yourself than rent it."
"And we have built this cloud computing center. Website users can use it for their own use when they visit peak, and they can also rent it out in normal times, without wasting."
"Finally, there is one more thing. This cloud computing is the most fashionable word in the Internet industry at present, and those who do it are all industry giants. Although our Meigou Network cannot be called a giant, it must also have the intention to become a giant. Otherwise, how can we tell investors stories when it goes public in the future..."
Speaking of this, Wang Ye gave everyone meaningful look.
Zhou Da and Jack immediately understood what Wang Ye meant and laughed in understanding. Why can Internet companies go public while losing money every year, and even have valuations of hundreds of years of enterprises in traditional industries. They rely on imagination space and stories!
If the valuation of USG.com without this cloud computing center can reach 20 billion US dollars when it is listed. Then it is not impossible to increase the valuation by 10 billion US dollars once this cloud computing center is available.
As for investment, the scale of investment can be smaller. In fact, it won’t cost much money if you invest in several periods. Such a profitable business will not be done!
Chapter completed!