As soon as Li Dong returned to the company, Bai Su came over.

Just as he was about to speak out, Li Dong said, "Let Mr. Liu come to the office!"

Seeing this, Bai Su didn't dare to ask again, so he nodded and notified Liu Hong.

Seeing this, Chen Qian said, "Don't get angry when she comes back..."

"Know."

"Then I'll leave first, there's something to do with the foundation waiting for me to deal with."

"Well, you go first, have dinner together tonight."

...

Less than 5 minutes after Chen Qian left, Liu Hong hurried over.

Just as he was about to speak, Li Dong said, "Sit down first, what is the recent technological situation in the far-away area?"

Liu Hong found a place to sit down and quickly reported: "Everything went well. On Weibo, there have been several small events recently, and the results are pretty good. The number of registered people is approaching the 150 million mark.

In addition, the English version has been almost done, and we are preparing to enter the North American market in October.

Recently, we have developed a series of emoticon packages on pp, which has enriched the content of the space and added personalized outfits...

There is also the game, and dnf has achieved excellent results in its launch. Several other games are being tested internally, and the farm has also updated...

Here is the video website... Here is the browser..."

Liu Hong briefly explained the situation, and half an hour had passed.

Li Dongguang didn't hear it, and waited until the end, saying, "Where is the mall?"

"The mall..." Liu Hong paused, thought for a while before saying: "Overall, it's pretty good. Mr. Tan is worthy of being the founder of ebay and a veteran of the e-commerce industry.

During the excessive period, the mall's turnover has not decreased, but has gradually increased.

Especially this time, we have reached an agreement with several partners, and I think the mall will have a period of rapid development next."

Li Dong glanced at him, wondering if this was his true words.

But looking at his expression, he was obviously serious.

Li Dong frowned and said, "But the mall's performance has declined sharply in the past few months. In 5 months, even if Wanjia.com adds to it, its revenue will only be 23 billion.

And Taobao has reached 34 billion."

Liu Hong finally knew what Li Dong meant, and said a little amused: "Mr. Li, this comparison must be better than us.

But performance cannot be compared with revenue alone. Taobao c2c accounts for too much proportion. It is not a merchant, but a joint achievement of thousands or even hundreds of thousands of merchants.

We are different, most of our performance belongs to our mall’s own business.

The mall's self-operated business, plus Wanjia.com, has a revenue of nearly 18 billion yuan, which has only been less than half a year.

In addition, in June, it will probably exceed 22 billion.

Over the whole year, our revenue was close to 50 billion yuan. In this aspect alone, our profits can reach more than 2 billion yuan.

On Taobao, its c2c is actually not profitable, and it can probably maintain a balance between income and expenditure.

And their b2c mall and Tmall mall, over the whole year, will probably only have about 5 billion revenue and net profit of about 200 million.

Both parties are not comparable. Taobao’s purpose is to expand the market first and then make profits.

If we weren't there, they would be feasible.

But now that we have far-reaching competition, it is very difficult for him to rely on more people to expand the market.

So the c2c business has actually become a useless piece of money for Taobao..."

Li Dong interrupted: "Not to say, c2c still has advantages in expanding the market, at least we can't compare with the price."

Liu Hong nodded and said, "That's right, but since the anti-counterfeiting last year, their individual merchants have had a relatively poor reputation.

As the economy develops, I think their business will definitely decline sharply in a few years.

Sometimes it is not just about low prices.

Their logistics are not good, the merchants have different attitudes, and it is difficult to protect their rights. There is no comparison. That's nothing, and no one cares.

But now we compare it, that is an untolerable mistake.

As for our mall, since we merged Wanjia.com and further explored and tested the o2o model, although the effect is not obvious at present, we have accumulated reputation.

Mr. Li, we don’t have to rush to surpass each other’s revenue…”

Originally, Li Dong was about to get angry, but after Liu Hong said a few words, Li Dong agreed with his opinion.

I looked at this guy again. Liu Hong has experienced a lot in recent years and seems to have indeed grown up.

On the contrary, I was a little too anxious.

Compared with the total revenue alone, Yuanfang Mall is indeed not as good as Taobao. It can make profits, reputation, logistics channels, and after-sales service. Yuanfang is actually better than Taobao.

It’s not that far away is really so awesome. The key is that Taobao’s stalls are big and there are many people.

What does tens of thousands of stores mean? That is tens of thousands of owners.

If Taobao wants to do something, it must first deal with these individual merchants.

Whether it is a campaign, after-sales service, or even laying logistics channels, it must be approved by these people.

Sometimes, it takes one month or two to do it in a distance.

When Ma Yun first opened a free store, it has to be said that it was a golden idea and brought many benefits and opportunities to Taobao.

But now, the economy has gradually developed and the demand for the masses has also increased.

In the past, people didn’t care whether the genuine or fake products were, nor did they care how fast the express delivery was, as long as it could be delivered.

However, when we wait for the distance, we make a promise to strictly combat counterfeiting, accelerate logistics, and after-sales service...

By comparison, there will be a tilt deviation in consumer psychology.

Unlike the rise of JD.com a few years later, there were still some twists and turns. After all, Taobao was already deeply rooted in people's hearts at that time, and Tmall Mall began to grow bigger.

At present, Tmall has not become bigger and Taobao has not been deeply rooted in people's hearts. After all, the distance has been rising since 2006, and Taobao has only become popular since 2005.

Just a year later, there are physical stores in the distance to help expand their fame. It is not that mysterious to say how different the popularity of the two are.

The brand failed to be deeply rooted in the hearts of the people, but was ambushed several times from afar. Although Taobao's performance was similar to its previous life, its influence was actually incomparable.

In addition to performance, the distance is actually no longer inferior to the other party.

Thinking of this, Li Dongdao: "No matter what, it is true that they have more revenue than us. You can only pay more attention to this matter.

The gap of more than one billion yuan is ultimately a weakness if it is spread.

No matter how you calculate others, Taobao will be able to overshadow us in name only if you grasp this point.

Taking advantage of July 18, we have to prepare for a comeback this time.

Our suppliers will strongly support us this time. After all, they are also troubled by Taobao’s fakes, so they have long wanted to teach them a lesson.

Opportunities are rare, you have to learn to seize them.

Anyway, I won’t force you to surpass them in revenue this year, but there can’t be too big a difference!”

Liu Hong said seriously: "I understand. Don't worry, Mr. Li. We will plan it carefully this time and will not disappoint you."

"Well, this is the best. By the way, the Olympics are about to begin, and we have obtained the online broadcasting rights and snacks. Although the video business is now paying for money, they will make money sooner or later.

Don't be reluctant to let go just because you spend a lot of money.

Equipment, network, and web pages are all the best for me, so we are not short of money!”

Liu Hong laughed dryly, "My master, you say these words every day, but we really have a shortage of money."

The mall is making profits, but the investment is also huge.

Just a little profit, you won’t get any bubbles when you spend it in.

Especially when you are a money-making product like logistics, you have to subsidize a large amount of funds every month for supermarkets.

In this way, I am still struggling now, and this is a result of saving and saving.

Afraid that Li Dong didn't understand the situation, Liu Hong hesitated for a moment before saying, "Mr. Li, the progress on the idc data center has slowed down now."

"No money?"

"Um."

Li Dong knocked on the table and said, "You said, how much more money is needed now so that you can achieve the best without affecting expansion."

"2 billion is the least."

"Okay, I'll inject 2 billion into the mall!"

"ah?"

Liu Hong looked surprised, is it true? Do you still have so much money?

Li Dong is like a boy from Shancai. Every time the group has no money, he takes billions and billions out, as if he has no bottom.
To be continued...