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Prince charming, your persona has collapsed!-Chapter 973 - 413: The World Bustling
Chapter 973 -413: The World Bustling
Sixty million?
Lu Wanting said it out loud, and everyone couldn’t believe their ears.
Every single word was filled with incredibility?
Baidu?
Sixty million?
Isn’t Baidu supposed to be dealing with search engines, why is it coming over to do takeout, and what’s with the sixty million?
Bear in mind, forty million was already high, and suddenly they say sixty million here, this is completely a losing deal, what exactly is he after?
“What kind of joke is this?”
Just as Zhu Hong was stunned, Lu Youcai sitting on the sofa couldn’t sit still anymore, he abruptly stood up and glared at Lu Wanting: “What’s going on?”
“Uh.”
Lu Wanting was a bit frightened by Lu Youcai’s glare.
Luckily, Zhu Hong snapped out of it, calmly said, don’t rush, speak slowly, explain the whole story, is it really Baidu?
Although Zhu Hong seemed calm, it was evident she still had doubts about the news concerning Baidu.
However, unfortunately, it was true, Zhou Yuwen’s takeout company was not only sold but also brought a giant into the takeout industry. The day Zhou Yuwen signed with Baidu’s business department, Baidu announced its entry into the takeout industry, looking formidable, they started with billions in subsidies!
Zhou Yuwen’s sixty million was indeed an inflated purchase, but for Baidu, it was a good start, at least they don’t have to flounder around not knowing where to enter.
Zhou Yuwen’s foresight was indeed undeniable.
That day, Baidu’s people approached Zhou Yuwen to talk about cooperation.
Zhou Yuwen bluntly said, I know you’re planning to spend money entering the takeout market, so instead of competing with them for the already mature market, start small and stabilize the niche markets.
For instance, if Baidu focuses on campus takeout, it could dominate nationwide universities in a short time, and then you’ll be able to advance or retreat.
In the internet market, winning over university students means winning the world, because at this time, office workers who have graduated mostly have already developed consumer habits, while university students’ habits are still forming.
If you make them get used to your software in college, once they go to work, wouldn’t all the office buildings be using your takeout software?
In a few words, Zhou Yuwen didn’t exactly amaze the business department, but after thoughtful consideration, they felt it was a good strategy.
Zhou Yuwen further said, in ancient times, there was the story of spending a thousand pieces of gold on a horse’s bones, the bones weren’t worth the gold, but it let others know your attitude.
If you want to enter the takeout industry now, offering a few million more wouldn’t make huge waves.
But raising it to several tens of millions.
All attention would be on you, then everyone would know, your Mr. Li values university entrepreneurship, and signing several assistance contracts with universities would open all university doors to you, wouldn’t your takeout quickly occupy the nation?
Zhou Yuwen spoke genuinely with Guan Zi, though they only met for over ten minutes, what needed to be said was said. Mainly, Zhou Yuwen knew Baidu was determined to enter the takeout business.
Guan Zi also appeared thoughtful and serious, saying: “Mr. Zhou, I can’t give you an answer now, I need to return and consult Mr. Li’s opinion.”
“Okay, please.”
So they returned for two or three days, Baidu must have also deliberated for quite a while.
Eventually, they decided on a valuation of sixty million, paying Zhou Yuwen fifty-four million upfront, with the remaining six million as Zhou Yuwen holding ten percent shares, acting as Baidu Takeout’s image ambassador, honorary advisor, and cooperating in Baidu Takeout’s promotions.
Zhou Yuwen didn’t care much about these, anyway, Baidu Takeout didn’t thrive, but they didn’t lose money either. Baidu originally entered the takeout market hoping for a triad, but who’d have thought Meituan over there would lack integrity, directly abandoning the old boss for a new boss, leaving Baidu in an awkward position.
Later, when they couldn’t continue with takeout, they had to transfer, Zhou Yuwen holding ten percent shares was a guaranteed win.
Actually, if Zhou Yuwen wanted to do the takeout industry, he could.
Primarily, the takeout industry is filled with troubles, algorithms leave delivery riders with no rest time, and even so, basic rights for riders aren’t guaranteed.
Of course, Zhou Yuwen isn’t someone with a saintly mind, nor did he plan to speak up for them.
But Zhou Yuwen definitely had a more conscientious heart than the capitalists, some things are better left untouched to have peace of mind, as for other matters, Zhou Yuwen couldn’t control.
Originally, before Zhou Yuwen’s takeout company was sold, Jinling’s business district was abuzz with discussion.
They were over there saying, the young man surnamed Zhou really has some abilities, earning three million at just nineteen.
Now the real news is out, everyone was dumbfounded.
Sorry, not three million, it’s sixty million.
This young man surnamed Zhou isn’t just talented, he’s extraordinarily capable!
Liu Jing really found a treasure!
No wonder she’s been tirelessly busy, who knew how she found this gem, Zhou Yuwen.
When Liu Jing played cards with Sun Juan and others again, they inevitably started with cheeky remarks, saying Liu Jing was truly lucky to find such a good son-in-law, we are so envious.
Sun Juan said: “Sister Jing, tell us, when will you find someone like Yuwen such an excellent young guy for our Xinrou too?”
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