Chapter 786 Losing Money Is Making Money

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In a blink of an eye, it was August 18th.

On this day, Yuanfang Group held a celebration.

The first anniversary of the establishment of the group, and Yuanfang Group has made remarkable achievements in this year, of course, we should celebrate it.

The Jiangbei provincial government also specially came to congratulate Yuanfang, and other group companies that had good relations with Yuanfang also came to congratulate Yuanfang.

auditorium.

There was a performance on stage, but Li Dong had no time to watch it offstage.

Just after dealing with the secretary general of the provincial government, Xu Shengzhe grabbed him again.

Xu Shengzhe said with a dissatisfied face: "It's fine if you went to Longhua Square to inspect yesterday. You really don't treat yourself as an outsider. Who told you to drive people away?"

Li Dong said disapprovingly: "Anyway, it will be our territory soon, and I said that if you want to drive people away, you will naturally have to drive them away."

"I haven't promised to be here yet!"

"It's all the same. If you don't agree, treat it as if I didn't say it. I'm not responsible for driving people away. If you agree, go as soon as possible. I have a lot of things to do, so I don't have the time to argue with you."

"Depend on!"

Xu Shengzhe cursed, and after a while he hummed: "1.2 billion is still low..."

"Talking about money hurts feelings. If you talk about money, you don't have to talk about it. You are more anxious than me to spend money now. Be careful. It's just a shopping mall. I'm willing to take it over.

You Longhua should continue to develop your residential real estate, you can’t play commercial real estate, don’t look at me, I can’t change this.

In fact, your residential real estate is doing well. Why do you have to go into this muddy water? You can tell by your operation. If it weren’t for our distant place, the operation of Longhua Plaza itself is really bad. "

Xu Shengzhe coughed dryly and said, "It's not that bad, is it?"

"It's so bad, three years have passed, and Longhua Square is getting worse day by day, you should reflect on yourself.

That's all I can say, whether to sell or not, I'm really busy. "

"Come on, what's the use of pretending to be busy with me, if you don't care, can you go to the mall in such a rush to inspect?

1.2 billion to be honest, I am really at a loss, if there is no other way, I will definitely not agree..."

Li Dong automatically filtered these, and then said: "As soon as possible, a day's delay is a waste of money. Later, I will ask Dongyu to discuss the details with you. I will change the name of the square before September, so don't delay."

The corner of Xu Shengzhe's mouth twitched for a while, this guy is really rude!

But thinking of Su'an New City, Xu Shengzhe gritted his teeth and said, "Okay, as soon as possible!"

"Don't make such an expression, how much have you made in a shopping mall! You have tripled the profit, where can you find such a good thing. It's me, or you can try to sell it to someone else?"

Xu Shengzhe snorted, too lazy to answer this question.

But he was really happy in his heart. When they invested in Longhua Plaza, they didn't expect such a big profit.

It's only been a few years, and the profit may not be tripled, but it is still doubled.

This investment has indeed made a lot of money. Of course, this is also inseparable from Xu Shengzhe's wisdom. If he hadn't insisted on maintaining full ownership of the operation, according to the original intention of the group, selling some shops would not have such a big profit margin now.

In a few words, the two settled the matter.

At the level of Li Dong and the others, things are often so easy.

The general direction is almost enough, and they don't need to worry about the details, and someone will naturally take care of it.

After talking about the shopping mall, Xu Shengzhe said again: "By the way, how is your shopping mall's sales going?"

"Why are you asking this?" Li Dong said vigilantly, "Do you want to intervene too, but let me remind you, now you are late in the game, be careful not to lose your money."

Xu Shengzhe frowned and said, "I'm just asking, is it useful for you to be so guarded against me?"

"It's not to be defensive. You guys have always been used to following the trend. You can do whatever I want to do. I'm so annoying. Naturally, I have to dispel your thoughts in advance."

"Go away, who followed you."

"Don't deny it,

I do retail and you want to do retail, I trade in stocks and you want to follow suit, I do e-commerce, and you want to do e-commerce too, you can’t hide it from me. If it wasn't for your father's disapproval, you would have turned my ass back a long time ago.

I said, it's useless for you to follow me, follow me, you must die ugly. "

Seeing his complacent look, Xu Shengzhe said angrily: "Whoever learned from you, you should learn from me! Your Dongyu Real Estate is completely copying our model, so you have the nerve to say me? I just want to ask about the situation of your mall, you How can there be so many crooked thoughts!"

Li Dong chuckled, and didn't continue to hit him. He turned back to the topic and said, "The mall has lost about 500 million yuan this month."

"What?"

Xu Shengzhe didn't dare to believe it: "Is it true?"

"Why lie to you, really. The mall lost more than 200 million yuan, and the logistics side spent more than 100 million yuan. With publicity and the like, 500 million yuan is almost the same. That's why I advise you not to worry about it. You can't play in the money business."

Li Dong didn't lie this time. After a month, he did lose a small 500 million.

The only gain is that the reputation of Yuanfang Mall has increased a lot, and the number of registered users has reached 50 million, further narrowing the gap with Taobao.

In addition, the number of merchants settled by brand merchants has more than doubled compared to before the event. Although these are currently not profitable, they are actually the foundation of the operation of the mall.

Another advantage is that the logistics system has been tempered. The newly established Yuanfang Logistics has entered the state after this baptism.

In terms of logistics alone, this time it cost more than 100 million yuan. If it gets out, other logistics companies may die of laughter.

How can a company lose more than 100 million yuan in logistics without making money after one activity? This is too bad to operate.

Li Dong didn't care about it. There are benefits to losing money. The most direct point is that he has practical experience.

In the past, the logistics industry was new and young. After this run-in, it is not an exaggeration to say that it is a veteran.

There is no time to cultivate slowly, Yuanfang can only choose this method of burning money to speed up.

After a month of activities, he lost a lot of money in name, but after a comprehensive calculation, Li Dong felt that he had made a profit.

Of course, for someone like Xu Shengzhe who doesn't have much experience in e-commerce, losing 500 million in a month is simply a nightmare.

He had thought of this before, but now Xu Shengzhe felt a little guilty.

This burning of money is too much, according to Li Dong's way of playing, Long Hua can't afford it.

After exhaling, Xu Shengzhe said in a low voice: "You still insist on engaging in e-commerce with such a huge loss, is it really such a big deal?"

"Naturally, there are still some profit points. You can see that Ali has been burning money in the past few years. In fact, the Internet industry is like this.

Whether it is Baidu or other companies, the net profit is not high, and they are far inferior to real estate or other physical industries.

But if they have a high-tech reputation, they can beat you to pieces.

Baidu really wants to talk about it, is the profit as high as Longhua?

But look, how much is the stock price now, it has exceeded 450 US dollars per share this month. In terms of assets, you Longhua, including Yuanfang, are all hanged.

The same goes for other Internet companies. Regardless of profitability, look at market value. Many big companies can surpass us in market value.

When I run out of money one day, I will list Yuanfang Mall in a circle, making billions is just like playing.

If you are lucky, tens of billions is not a problem, now you know why I have to burn money? "

Xu Shengzhe didn't understand him, and frowned, "Didn't you say it just now, why did you say it so clearly now?"

"It's up to me, you'll know if you pay attention to it yourself. But the fact that the Internet can make money doesn't mean that everyone can make money. I have the confidence, you guys don't understand anything, and it's obvious that you will lose money when you come in, so I naturally I'm not afraid to tell you."

Xu Shengzhe raised his middle finger, this guy always deserves to be beaten like this.

But he remembered one thing, and he was a little surprised: "Baidu stock is more than 450 US dollars? You seem to have bought a lot before."

"Not much, it's only 300,000 shares. I sold a lot at the beginning." Li Dong said proudly: "It's only 135 million U.S. dollars, which is only 1 billion yuan, not a big increase."

Xu Shengzhe has black lines on his face, this guy is really lucky!

1 billion RMB!

How much Li Dong invested back then is not a big secret.

At that time, Li Dong's investment in Baidu stock had a great impact on Yuanfang, and even many suppliers came to ask for debts.

As a result, this guy sold a part of it before, and the capital has already been recovered.

The value of the stocks in his hands now has exceeded 1 billion.

Xu Shengzhe took a breath and asked tentatively, "Are you going to make a move?"

"If you're not going to make a move, let's take a look."

Xu Shengzhe was thoughtful. If this guy doesn't make a move, it means there is still room for improvement.

Xu Shengzhe is playing tricks on the way of doing business, but he is not very familiar with the Internet, which has something to do with the environment in which he grew up.

However, he still has the ability to see people. Li Dong seldom trades at a loss. It seems that he will try to see if he can buy a batch of Baidu stocks, and he should be able to make money.

Li Dong understood what Xu Shengzhe was thinking, but he didn't care.

Anyway, it's not his own money, Xu Shengzhe will buy it if he wants to buy it, let's not talk about whether he can buy it, if he buys it, he will make money and remember himself as a favor.

Of course, if you buy it now, you won't make much money. It depends on whether Xu Shengzhe can persevere.

Persist in a few years, doubling is still possible. In 2011, Baidu's stock price exceeded 1,400 US dollars per share, and Xu Shengzhe made a lot of money at that time.

After that, the two didn't talk about business anymore, but watched the performance.

As an emerging enterprise, Yuanfang still has a lot of beautiful men and women, especially in real estate companies and supermarkets, there are a lot of beauties.

The boss in the audience watched in person, and there were also many group giants. These beauties also worked hard for Bo Yixiao.

After watching the performance and having a celebratory meal with everyone, it was almost ten o'clock in the evening when Li Dong returned to the provincial party committee compound.