"I plan to enter the group purchase industry!"
Hearing this, Ma Xiaoyun looked confused.
"Are you sure?"
Of course, he knew what group purchase meant.
However, since it was proposed by Lin Cheng, it was certainly not the traditional offline group purchase. It was very likely to be combined with the Internet.
But this industry had a future?
The offline supermarkets or hypermarkets could already meet the needs of consumers. If they used the concept of the Internet, they would not only have to maintain their online operations, but they would also have to set up offline stores in various cities to expand their scale.
However, this would undoubtedly take a long time, and it would be a huge project.
Most importantly, the future was uncertain.
Could it be that you, Lin Cheng, came up with such a thankless idea after being locked up in prison for two years?
Without a doubt, Jack Ma was worthy of being called Father Ma. He had sharp eyes.
When Lin Cheng told this idea to Ye Liren, she was dumbfounded.
Lin Cheng nodded. He wouldn't do things he wasn't confident in.
The group purchase, or rather, the group purchase, was the last choice he made in prison in line with the trend of the times.
Before he was reborn, Mei Group had already become an all-round app that integrated the four core businesses of group shopping, ticket booking, wine travel, and takeout to satisfy users 'needs.
Its market value exceeded 700 billion Hong Kong dollars, equivalent to 90 billion US dollars.
It was ranked in the top ten of the Internet technology companies.
Therefore, he chose to do group purchases. There was a 100% chance that he would have a bright future.
Most importantly, its positioning was completely in line with the future promotion of WeChat and became an important part of the WeChat circle.
Moreover, it was easy to get investments in this line of work.
There was a group buying website in Singapore called Gao Peng. It was founded in November 2008 and received a billion USD investment from Google in 2010.
In 2012, Google invested 5.9 billion USD to acquire the company.
However, he was rejected by Gao Peng in the end.
In just over a year, it had jumped from a start-up company to a multi-billion dollar group.
This was exactly what Lin Cheng needed.
Only with money could one make money. With more money, one could do more businesses.
Seeing Lin Cheng so determined, Jack Ma knew that he couldn't persuade him.
" Alright, since you've decided, I can't say much. How do you want Ah Li to help you?”
Lin Cheng smiled and raised his thumb.
"It's very simple. There's only one thing. Add a link advertisement to Mei Group on Ali's website. Mei Group hopes to get Ali's traffic.”
Ma Xiaoyun pondered for a while and then nodded.
"Sure, the specific method and price can be discussed below.”
What Lin Cheng said was just to set up a separate advertising space for the Mei Group. As Ah Li's shareholder, there was no harm in doing so.
Of course, the advertising price was also reasonable.
The two of them didn't take this seriously.
At this point, Lin Cheng's trip was finally over.
There was no doubt that he had profited.
In this era, all internet companies were fighting for users.
However, they ignored the traffic.
Users were not equal to traffic.
The traffic was far greater than the users.
This point was clearly confirmed in later generations.
The number of users was undoubtedly the number one in the instant messaging Penguin Tenglong and Qiandu search industry.
Then, it was the portal, and finally the forums and games.
However, only those that could bring profits to users could be called traffic.
The Teng Long during Lin Cheng's time had already achieved this.
The special value-added products created around hundreds of millions of users of Penguin were proof of the conversion into traffic.
In the field of traffic, Ah Li was not inferior to any of the e-commerce companies under Ah Li.
This was because shopping was a long-term activity that could generate profits and could be directly converted into cash.
And many websites with users could not be converted into traffic.
Moreover, Mei Group was an OTO model e-commerce lifestyle service website. It simply looked for consumers online and then brought them offline.
Tao Tao, which was under Ah Li, was the biggest potential consumer group.
Therefore, Ah Li was the best choice for Lin Cheng.
While Lin Cheng and Ma Xiaoyun were secretly negotiating for cooperation.
The internet once again started discussing Lin Cheng.
All because of a picture.
A thin man entered a building under the lead of a receptionist.
The name of the building was displayed in front of everyone
Ali Baba!
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