Chapter 775: Chapter 519 This statent is too explosive_3
Brother Hao really couldn’t hold back anymore.
He felt like Cheng Zhu had completely wrapped him around his finger!
What the hell, what’s this guy trying to pull!
He suddenly couldn’t keep up with the young man’s train of thought, unsure of what Cheng Zhu was really after, what he wanted.
“Mr. Cheng, what are your thoughts?” Brother Hao was damn curious.
Cheng Zhu looked at Zhang Xuhao and asked first, “Ele should be starting its Series F funding round soon, right? Can we talk about this?”
“It’s no big deal, it’s not a secret. We’re indeed preparing for that. The plan is for mid to late August, early September at the latest,” Zhang Xuhao replied.
He definitely wanted to show Cheng Zhu the financial strength of his platform.
“The $350 million at the beginning of the year was just the start. I think we both know that this ti, the competition in the food delivery industry could be even bloodier than the previous ‘thousand group war.'”
That was also a subtle hint to Cheng Zhu that $350 million was nothing, the next funding round would be much larger!
Keep in mind, it had been only half a year since they got that $350 million.
It shows just how fiercely money burns in the “food delivery wars.”
Cheng Zhu nodded slightly, but his next words shocked both of the people present.
Shen Qingning’s beautiful eyes widened even more, while Zhang Xuhao felt a tingle on his scalp, sensing sothing more from Cheng Zhu, more than just a young man he had taken a liking to.
Because what he said was, “I hope Mr. Zhang can give an opportunity during the Series F funding.”
I don’t want your money.
I want to invest in you!
It was mind-blowing!
…
…
Zhang Xuhao left still feeling out of it.
Ele was now the darling of the capital market, receiving massive investnts from Red Mountain Capital and Tencent, not to ntion other venture capital firms were eager to join in.
Once inconspicuous student entrepreneurship projects that relied on “college entrepreneurship competitions” to draw attention and raise funds had now beco top-tier projects in the eyes of capital investors.
Even Baidu’s CEO directly stated his intention to invest $20 billion to promote O2O, firmly believing it to be a future project worth hundreds of billions. How could the capital market not be instantly heated?
Keep in mind, the three internet giants, known as “BAT,” were now entering the arena together.
Each subsequent funding round was a bit like the three giants showing off their powers and forming alliances.
In this situation, Cheng Zhu seed very insignificant.
Not to ntion him, even a capital shark like Yue Dongyi would be lucky to get involved!
If this got out, it would seem overambitious and add fodder for ridicule.
This isn’t a project for you to touch!
The little fortune you have makes you stand out among the post-95s generation.
But compared to the big capital magnates, you’re nothing!
But does Cheng Zhu really lack influence?
Is his contribution to the food delivery platform really that minimal?
He took a sip of his iced Coke, smiled, and said, “Mr. Zhang should know, I didn’t make my fortune on bubble tea. I’m from the QQ product.”
Shen Qingning stood by, listening to him suddenly talk about these things, her eyes slightly lowered, becoming a beautiful backdrop without uttering a word.
“My business in the QQ category is unique nationwide,” Cheng Zhu said proudly.
—I made a bit of money, ironclad.
Seeing Zhang Xuhao listening intently, Cheng Zhu continued, “I can state outright that Youu Tea will exclusively join, and Ming Tea will also exclusively join. That way, Ele won’t just have a foothold in bubble tea.”
“With Ming Tea, Ele will also be supported when expanding into small and dium-sized cities, won’t it?”
“Moreover, I think both Mr. Zhang and Mr. Wang are a bit too focused on the catering industry in the food delivery market.”
“Have you really not considered the QQ category?” That was another ace up Cheng Zhu’s sleeve!
Nowadays, the main focus of food delivery platforms is indeed on catering.
You may also have noticed that even small shops in residential areas started offering delivery later.
Initially, everyone thought of ordering food when thinking of delivery, even the platform is called “Ele.”
But after the competition in the catering market beca saturated, everyone began to fully vie for “local life services.”
Pharmacies, supermarkets, hardware stores, liquor stores… What can’t be delivered?
You’ve got to think outside the box!
“Our ‘Persistent Visit’ unmanned delivery stores are bound to exceed a thousand franchises nationwide this year, covering all regions!” Cheng Zhu said confidently.
“The shops within the store are comprehensive, including contraceptive items like condoms, QQ products, and so on.”
“The custor base this can serve is definitely not small,” he stated.
Zhang Xuhao was left speechless.
Especially since Ele now cooperated with so large supermarkets, with the initial intent of letting custors order snacks. But looking at the data, products like condoms were selling damn well!
Who says these things don’t fit the platform’s na “Ele?”
You’re joking, when you’re doing that business, can you say you’re not hungry?
Brother Hao’s head was buzzing.
Mainly because Cheng Zhu had laid the groundwork for too long, pressuring him many tis.
The big turn he took at the end was also too much, and hard to drift through!
The subsequent combination of punches directly knocked his brain out.
But upon reflection, the support he could offer the food delivery platform was very direct…
Like Tencent’s investnt, which would provide terrifying social dia traffic support and third-party paynt channels.
For Cheng Zhu, it’s simple: I’ll directly help you dominate two categories and beco number one in the industry! Okay?
It’s crisp, brutal, and very visible!
Shen Qingning, listening at the side, only sensed his imnse ambition.
She was no longer certain about what Cheng Zhu had in mind for the future, what his thoughts were.
But the words ambitious seed to be written all over his face.
For so reason, she was quite moved.
Cheng Zhu put down his Coke and threw out his last card.
“Next month, my short video platform is going live.”
…
(ps: Asking for monthly tickets at the end of the month.
Speaking of which, out of the tens of thousands of readers who subscribe and follow around the clock, not a single class representative ntioned ‘Persistent Visit’ upfront, disappointing.)
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