Chapter 65 : Self-operated e-commerce is the ultimate way out!

Half an hour later, accompanied by Liu Rongdong, Lin Feng entered the headquarters of the largest self-operated e-commerce company in China.

This scene appeared in the eyes of Jindong employees and caused a lot of shock. Everyone wanted to know who the young man who was accompanied by the boss personally visited.

“Who is that person?”

“It seems that the status is very high, shouldn’t he be the son of a central officer!”

“They have a wealthy temperament and are definitely not ordinary people.”

“That is, we can personally accompany our president, at least it must be the second generation of rich and official with very important weight!”


The employees of Jindong Headquarters were unable to bear the doubts in their hearts, whispering to each other, Yu Guang constantly scanned Lin Feng in the crowd.

In the past, those who came to visit Jindong were all heavyweights with a reputation in all walks of life. No matter how bad they were, they were the first, second, and third leaders of the Beijing Municipal Party Committee. This was the first time I saw this young face.

“This headquarters is the new headquarters building of our group officially opened in 2015. Prior to this, the headquarters had been located on Beichen West Road, Chaoyang District.” As he walked, Liu Qidong introduced Lin Feng.

Looking through the huge floor-to-ceiling windows, three huge office buildings stand next to each other, and the air corridors intersect each other, forming a huge chain shape, which is indeed very spectacular.

“Among China’s e-commerce companies, Jindong’s self-operated system is time-consuming and labor-intensive, but its prospects are the most promising.”

Taking a deep look around, Lin Feng admired: “I have to say, Mr. Liu has a good vision.”

“Dong Lin praised it. In fact, we also wanted to adopt the method of logistics outsourcing like Ari at the beginning, but after all, Zhaomaohuahu cannot be sublimated and surpassed, so we can only find another way and work hard on self-employment.”

Liu Qidong smiled bitterly: “You tell me, a few years ago, Jindong’s self-operated operation was constantly questioned by the outside world, even within the group, many people looked down upon it.”

The prospect of self-employment is certainly impressive, but in the same way, the investment is also unusually large. From building a logistics platform to selecting logistics personnel, delivery methods, etc., a lot of funds are required.

It is better than Ari’s large-scale acquisition of logistics companies and the establishment of Cainiao Logistics, but they are far inferior to Jindong Logistics in terms of quality. This is the unique condition for self-operating.

After more than ten years of uninterrupted investment, there has never been a return. It is just a gold swallowing beast, and I am afraid that it will be unacceptable to anyone.

But Jindong persevered, and succeeded, and embarked on a unique e-commerce road. Facts have proved that their e-commerce road is truly correct.

In terms of logistics, Jindong is second only to Shunfeng. In terms of offline physical stores, Jindong supermarkets are spread across all large, medium and small cities, with hundreds of thousands of stores nationwide.

This is the current strength of Jindong, which has developed into a down-to-earth commercial ship.

“I heard that your company received a $550 million investment from Google on June 18. I wonder if there is still a need for investment?”

Suddenly, Lin Feng made a suggestion that surprised everyone.

Even Liu Weidong was stunned, and asked some unbelievable: “Does Lin Dong mean to invest in our group?”

“Um!”

Lin Feng nodded, his expression extremely serious.

Due to Liu Qidong’s “Peach Blossom Gate” incident in the United States some time ago, Jindong’s market value plummeted, shrinking 44.06% from last year, leaving only 215.6 billion yuan in market value, which is even lower than that of rice.

In order to stabilize the stock price, Jindong even announced that it would buy back $1 billion worth of stock in the next 12 months.

But this cannot change the fact that Jindong has huge potential. At the end of 2017, the number of new active users of Jindong Mall was higher than that of Tmall.

“Double Twelve” even got a very good result. Although there is still a certain distance compared with Ari, compared with previous years, this is undoubtedly a good start.

Therefore, it is the best time to invest at this time.

“Dong Lin, aren’t you afraid…”

Liu Qidong was a little bit hesitant to say something, because the turmoil some time ago led to the withdrawal of major shareholders of Jindong, and now there are not many shares in the hands of the group. Although he really wants to get financing, he does not want to deceive Lin Feng.

Be honest, especially in the precarious situation of Jindong.

“I believe in you.”

With just this sentence, Lin Feng blocked Liu Weidong’s mouth and continued: “If your company is willing, on behalf of Fengteng Investment, I am willing to acquire 36% of the shares of Jindong Group at the current highest price in the stock market.”



hiss!

After listening to all the senior executives of Jindong, they couldn’t help taking a breath. At the highest price in the stock market, the market value of Jindong is 215.6 billion RMB, which is equivalent to 36 billion U.S. dollars.

If Fengteng Investment wants to acquire 36% of the shares of Jindong Group, it will need to pay 10 billion US dollars, which is a full 60 billion RMB!


Liu Rongdong on the side was grateful. He didn’t expect that at this critical moment, the person who believed him the most would be Lin Feng, who had just met for the first time.

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