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Chapter 1489: Chapter 1332: The Lingering ’Nightmare’ (Please Subscribe!)
Gasp for breath.
That’s the only proof his rivals exist.
Of course.
If it’s a domestic brand, support could still be offered, but not too harshly. However, this is under the premise that they follow the rules. If they mess around and insist on treating him as a competitor, then they have only themselves to blame.
I fight with foreign companies.
You stab me in the back.
Asking for trouble.
Then, you can blame no one else.
Due to the premature advent of smartphones, the barrier to entry has been substantially lowered by Qingyuan Technology, resulting in none of the current domestic mobile phone brands being recognized by Tang Qing, which has caused chaos.
However.
It’s just a mess.
Merely some speculators.
In the end.
It would be good if even one survives.
...
December 26th.
Beijing.
Jingdong Headquarters.
Yesterday was Christmas in the West.
Jingdong launched a major promotion, setting a new record for single-day sales. However, the company was not very excited because the limelight was stolen by Ali’s Double Eleven promotion last month.
As for Jingdong’s current popularity.
Even ten times yesterday’s figures wouldn’t match the fraction of Ali’s Double Eleven figures.
Fortunately.
Jingdong is making money selling items, unlike Ali. This is the only consolation for Jingdong. Even if Jingdong’s figures are only one-tenth or one-twentieth of Ali’s, Jingdong is not panicked.
Just a bit stifled.
And today.
The Chairman of Jingdong feels even more stifled.
As soon as he got to work.
He called a high-level meeting.
Seeing their boss with a gloomy face, many thought he was dissatisfied with the performance of yesterday’s Christmas promotion, so they dared not breathe heavily, waiting for the boss to vent his frustrations first.
However.
That wasn’t the case.
Yesterday’s figures.
He was very satisfied.
Comparing with Ali? Hah, they are now a company with a market value of over forty billion dollars, while Jingdong? It hasn’t even gone public, valued only at a fraction of Ali’s, incomparable.
What he was anxious about.
Was a piece of exact news he received last night.
Which kept him awake all night.
"Today’s routine meeting concerns the life and death of the company," Liu Qiangdong said gravely.
One sentence.
Made everyone’s heart clench.
"Just yesterday, I got the exact news that Tang Qing reorganized his Hummingbird Logistics into the now Hummingbird Commerce Storage Transportation Group at the beginning of the month, encompassing three subsidiaries."
"These are Hummingbird Land Transport Company, Hummingbird Shipping Company, and Hummingbird Commerce Storage Company, among which, the Hummingbird Commerce Storage Company, will set up storage centers in major provinces nationwide, the same as ours."
Boom!!
Like a thunderclap,
This news exploded in their minds.
What?
Tang Qing is setting up storage centers?
And he has corresponding logistics.
If that’s the case, doesn’t that mean he’s mimicking Jingdong’s model? If it was someone else, they would only be a bit nervous, but Tang Qing? A mere pluck at his company could bend theirs.
Once competing with Jingdong.
What chance does Jingdong stand?
This is lethal.
"That’s the situation, they are very efficient, now, they have already determined the storage locations in many provinces, each storage center planning over a thousand acres," Liu Qiangdong continued.
This figure.
Shocked them again. 𝖓𝔬𝔳𝖕𝖚𝖇.𝖈𝔬𝔪
A thousand acres.
Are they crazy?
Does E-commerce need such a large space? Are they planning to add car sales too?
However.
Considering it’s from Tang Qing, who would invest billions into a research center, it shows how profitable Tang Qing’s company is, while Jingdong is still unprofitable on paper.
"This time, this company has kept a low profile and hasn’t propagated much, but evidently, they are targeting us, and it’s very likely instigated by Ali’s side," Liu Qiangdong offered his analysis.
All he knows is what this company is up to.
They didn’t know what to do.
Otherwise.
They wouldn’t have this kind of thought.
"What should we do? When it comes to capital, we are no match for Tang Qing. As soon as he speaks, a huge amount of capital will wave their money to invest, and they don’t even look that impressed."
"Yes, the last thing they lack is money."
"Damn, he has so many businesses, why does he have to compete with us?"
"Exactly, he’s giving us no way to live."
"..."
Conference room.
A barrage of criticism against Tang Qing.
The buzzing made Liu Qiangdong very dissatisfied, "Alright, the purpose of this meeting isn’t just to lay out the facts and ask questions. It’s about how to solve the predicament and keep the company going."
The competition is too strong.
He had to consider the company’s survival.
Once Tang Qing acts.
The consequences would be unbearable.
"I think, first of all, we need to figure out how big Tang Qing’s plans and ambitions are, how much they conflict with our Jingdong, or else, we could also consider the possibility of a partnership."
A vice president suggested.
"Right, first figure out Tang Qing’s intentions."
"The key is where to get the information, Tang Qing’s company isn’t simple," one reminded, company strategies are business secrets, they haven’t even propagated it yet, where can we inquire?
"What if we ask Penguin?"
"I think it’s feasible."
"Good idea."
"..."
Finding one of the home companies in the absence of other channels is a good idea. When it comes to competition, Penguin’s biggest rival is Tang Qing. They should know more than them.
In the end.
That’s all they could do.
Right away.
Liu Qiangdong called the chairman of Penguin.
"What? Tang Qing wants to do storage?" The response came with surprise.
"..."
It seems he knew more than they did, which made sense thinking about it, because Jingdong had built storage centers across the nation and maintained good local relationships, so they could get some information.
Penguin is an internet company.
Information is a bit slow.
Understandable.
"Yes, they are scouting for land across the nation. From the company’s organizational structure, it can be inferred that it is highly likely to become a competitor of Jingdong. It’s just that right now we still don’t know what exactly Tang Qing intends to do."
"..."
The other side fell silent.
Feeling even more gloomy internally.
How could Tang Qing be everywhere?
First, he created an unstoppable Comet Group, providing experience and content so rich that newcomers couldn’t compete, attracting huge traffic from internet users.
Then he introduced the unsolvable Xiao Xiao, amassing countless fans, becoming the second-largest communication software domestically, putting QQ in a significant crisis, unable to think of a way to counter it.
Because they had Sky Eye.
Next.
Tang Qing invested in Ali.
Forcing himself to strategically invest in Jingdong.
Later.
After ’Epoch’ came out, mobile terminal traffic was also crazily diverted, initially thought that mobile games could become a new growth point for the business, but Tang Qing effortlessly became the agent for ERV’s games.
ERV.
The undisputed superpower in the global gaming industry.
With games like Happy Elimination.
Earned a fortune, anyone trying to copy games like Happy Elimination was dealt with as an infringement by the ’Epoch APP Shop’, refusing them shelf space, arguably even more ’rogue’ than his own company.
Recently.
