Chapter 602: Poor Superman
by xennovelCurrently, in the university food delivery market, only Hungry Yet and Meal Point are competing, each holding almost an equal share since their promotions started around the same time.
Saying Meal Point has the posture of Hungry Yet might be an understatement.
At this stage, Meal Point almost looks like a younger version of Hungry Yet, with very similar developmental paths and a seemingly bright future ahead.
A while back, Praise Delivery saw a decrease in business volume. Guo Ming thought about entering the university market, but multiple promotions led to no substantial results, coming and going hastily without gaining anything.
Battling with the delivery giants in the university sector and incidentally displacing the favorite son of a major company, Duan Wenzhao feels quite elated.
But in reality, it wasn’t Meal Point that thwarted Praise Delivery; it was Hungry Yet.
However, Duan Wenzhao didn’t see it that way, so he set his sights on expanding into the national market.
But stepping out of the schools and gaining a foothold in the national market requires an enormous amount of capital.
Thus, Duan Wenzhao urgently needed a significant investment.
He initially targeted the Feng family, given that his aunt is Mrs. Feng!
But he didn’t expect his uncle to invest in Delivery Superman at the outset. He thought his hopes were dashed, but, unexpectedly, things took a turn.
It turned out to be my aunt!
So they held an overnight meeting, gathering all key team members to prepare a PPT.
Although they were meeting with his uncle and had his aunt’s support, they still felt they needed to be thoroughly prepared to secure the investment.
Explaining the developmental path.
Discussing future planning milestones and layout.
Duan Wenzhao’s team covered every aspect comprehensively.
But their extensively brainstormed plans always felt like armchair strategies lacking realism—not even convincing to themselves.
For example, one part about how to expand and strengthen right under the competitors’ noses.
The team thought of myriad strategies, but they were either impracticable or outright unfeasible.
To secure investment, you need to convince the investor. If you can’t believe in your win, how can you make investors believe you can win?
“This PPT won’t work. It can’t even convince me, let alone my uncle who is no fool.”
“Mr. Duan, we haven’t dealt with the national market. Our information is sourced from news articles. Considering that, what we’ve done is commendable.”
“Think again.”
“There’s no time, Mr. Duan. Hungry Yet is launching another subsidy for university students, and our financial chain is about to break.”
Duan Wenzhao was frustrated after hearing this. It was easier to receive investment from his uncle, especially with his aunt involved, ensuring the price was also optimal.
If he didn’t impress his uncle this time, finding investments later would be even harder.
Just then, the meeting room door opened, and a woman wearing glasses entered, handing a USB drive to Duan Wenzhao.
She was the planning department manager at Meal Point, Sang Jingbo, thirty years old, one of the original members of the startup team.
She hadn’t attended the meeting tonight but unexpectedly returned to the company late at night.
Upon seeing the USB handed to him, Duan Wenzhao was startled, “What’s this?”
“A PPT I rushed to finish at home.”
“?”
Duan Wenzhao inserted the USB into the computer and took a look.
First, encircling the cities from the countryside, starting with second and third-tier markets to secure a segment of the national share.
The recent subsidy wars had already burned a lot of money. The food delivery platform might soon enter a cooling period. At the moment when capital becomes tight, rapidly investing to trade smaller cities for bigger ones.
Holding the university city market and sinking market shares allows for both attack and defense…
Duan Wenzhao flipped through page by page, utterly astounded yet somehow it felt familiar.
“This… it feels like I’ve seen it somewhere before?”
“Exactly, this is the same development path that Group-Buy took during the group purchase wars. They too started with university towns, played small to win big, just like our situation now.”
Duan Wenzhao understood, “You mean to spiff up Group-Buy’s actual development path and present it as our plan?”
Sang Jingbo nodded, “What’s more convincing than reality? What company is more victorious than Group-Buy? We just need this PPT to secure the investment.”
“Good idea. Tomorrow, you come with me.”
“Okay.”
Next morning, Duan Wenzhao and Sang Jingbo flew to Shanghai, presenting their development plan to Feng Shihua with great fervor.
The idea was radical but captivated Feng Shihua instantly.
In business, being radical isn’t feared
From their PPT and explanation, he recognized Duan Wenzhao’s advanced business thinking; it was grounded and steady, unlike other investors.
Truth be told, Feng Shihua had some initial doubts about investing in Meal Point, but those were dispelled after the PPT presentation.
Investment decisions hinge not only on the company but sometimes on the people involved.
“Shirong, what do you think of Wenzhao?”
“Quite good, his business acumen is clear, and his strategies are sophisticated.”
Duan Ying slightly frowned, “Don’t just favor him because you care about me. He still needs to be kept in check.”
Feng Shihua waved it off, “It’s not just because of you. If it were someone else, I might still make a small investment. Wenzhao genuinely has some business talent.”
“That’s reassuring.”
“Oh right, I have a business trip tomorrow.”
“Where to?”
“The Feng’s commercial real estate project is taking its first step. We’ve acquired a plot in Kyoto, and I’m going to inspect it.”
Feng Shihua is following the path taken by Qin Jingqiu, and at this moment, Qin Real Estate and Wanzhong Group continuously cultivate this path.
Following up after Shanghai and Kyoto’s Wanzhong Plaza, the third version 3.0 of Wanzhong starts construction in Shanghai. Additionally, the residential and office buildings started by Qin Real Estate two years ago are now officially launching, with customers streaming in to view properties.
Freed from the burdens of Feng’s corporate group, Qin Real Estate is moving more lightly and without reservations.
Feng Shihua, the second of the Feng family, knew from the start that his wife indeed built Qin Real Estate on the shoulders of Feng Shi Real Estate.
Only now did he realize that after its rise, Qin Real Estate didn’t rely on the Feng family anymore.
With a divide from Feng Shi Real Estate, Qin Real Estate, now lightened, could transform without considering structural reorganization or even layoffs—simply perfect…
His wife had truly high sights and skills.
Looking at his older brother, well, he went abroad to invest amidst a financial crisis and subprime turmoil, later investing in a foreign enterprise that was not well-suited here; goodness knows what he was up to.
Serves him right.
If you cared even a bit about Nanshu, took more interest in her life, wouldn’t you know that your son-in-law is a tyrant in the O2O sector?
And yet you invest in Superman, which is from Krypton, not even Jesus could save that.
Feng Shihua didn’t say or remind him, letting him do whatever he wants.
At this moment, a black sedan slowly pulled up to the Xiangti Villa, and Qin Jingqiu stepped out, walking into the living room.
Because Feng Shihua forcefully took back the company using shareholders’ rights from Qin Jingqiu, the families weren’t on good terms.
To avoid escalating the conflict, Feng Shihua simply moved to Xiangti Villa, right diagonally across from Jiang Qin’s.
Initially, Qin Jingqiu was reluctant to move. “I’ve never disgraced your Feng family, nor have I done anything embarrassing. Why should I leave?”
Feng Shihua explained, “Think about it. Jiang Qin and Nanshu are almost graduating. They’ll move to Xiangti Villa soon, living right across from us. Wouldn’t they come over for meals almost every day?”
“And what if they have a baby later for you to look after? Wouldn’t that excite you?”
Without another word, Qin Jingqiu agreed to move.
So far, they’ve lived here for a month, getting accustomed, now just awaiting the young couple to move in.
“Jiang Qin called today, knowing about our launch. He asked for an internal purchase price to buy houses for his employees and even wants the best locations.”
“Which complex?”
“The one right behind Wanzhong. That kid is tough, not treating me like a mother-in-law at all, slashing the price for real.”
Feng Shihua stood up and massaged her shoulders, “Working for Jiang Qin, earning money, and buying your developed houses. Isn’t this what you call capitalists?”
Qin Jingqiu swatted his hand, “You’re the capitalist.”
“Give him the internal price then. It’ll all be theirs eventually. Let them handle it.”
“I’ll call Zhihuan later to arrange it. That stinky kid, Jiang Qin, really drives a hard bargain with Nanshu backing him.”
Currently leading the cooperation between Qin Real Estate and Wanzhong Group was Qin Zhihuan. After receiving the call, he started making arrangements.
Choosing house types, setting prices, eventually compiling a list.
He Yijun stood by, stunned for a while, “This cheap?”
Qin Zhihuan made a hushing gesture, “Internal price, not market price.”
“More than twenty units?”
“Isn’t Group-Buy’s headquarters under construction? Once it’s completed, the functional departments will move here, and employees will need houses to live in.”
He Yijun was baffled, “These cheap houses are reserved for Group-Buy’s employees?”
Qin Zhihuan glanced at him, “Yes, doesn’t it say right here? Group-Buy internal housing table.”
“Damn, are you guys allergic to money? Group-Buy has made so much these past years, not raising prices is one thing, but actually lowering them?”
“After all, we’re family.”
“…”
Thinking to himself, He Yijun felt something was off. “Previously when you snatched the top floor office, you said the same thing, and when you invited me out to dinner, you said the same. But even a fool could tell something’s not right.”
“This isn’t just like family; it’s as if they’re your own flesh and blood.”
“Am I too self-centered, unable to comprehend this kind of cooperation equals family sentiment?”
“You use my premises for office space, and I already feel uneasy, but you guys really are not keen on making money.”
He Yijun couldn’t help feeling envious, “Old Qin, save a unit for me too. I’ll keep it for my daughter.”
“Director He, Wanzhong made so much from the mall, why are you snagging these small benefits?”
“Is this a small benefit? This is too cheap, Old Qin. Aren’t we family?”
Qin Zhihuan: “?”
He Yijun paused, “Aren’t we?”