Chapter 623: Once Again, the Super Super Delivery Man

The city managers’ conference took place on Wednesday, with managers flying in from various cities to Linchuan.

Hungry Yet holds five billion, stirring up the market intensely. The city managers felt this firsthand. They initially thought the meeting would focus on combating Hungry Yet, but it turned out to promote the Group-Buy Supply Chain.

The afternoon sun was gentle, and the east wind breezed through Group-buy Headquarters, lightly swaying the green spider plants on the windowsill.

Group-Buy’s logistics department intern gracefully served water to the seated managers, while Jiang Qin’s voice continued to resonate in the meeting room.

“Each platform has its own strategy and pace, but we must not fall into the rhythm set by our competitors.”

“Remember, the goal of doing business is not to be aggressively competitive, but to remain calm, pursue wealth, and achieve sufficient profits.”

“The Group-Buy Supply Chain is already well established in first and second-tier cities. We’ll keep expanding into lower-tier cities and try to sign up merchants regionally into our supply chain.”

“When we did group buying earlier, we maintained good relationships with merchants in various business districts. Let’s use them as representatives to set up a supply end for delivery.”

“Uncle Ma’s five billion is appealing. I wonder how much I can get.”

Jiang Qin’s expression was calm, his eyes bright as if he could smell the money.

Wei Lanlan and Dong Wenhao glanced at him, thinking the boss was no longer just pretending. Before, he wouldn’t pick up money found on the road, but now he wants everyone’s investment.

After the meeting, local offices across the country sprang into action. Street promoters, dubbed the ‘kings of the ground game’, started roaming the streets and alleys, establishing merchant groups on WeChat and bringing in merchants who needed food supplies.

Each promoter is now a merchant manager.

Jiang Qin also set KPIs for them, ensuring they have enough merchants joining under their management.

Meanwhile, Tonight’s Headlines precision-targeted ads to a group labeled as “food industry workers” across local news channels in various regions.

In the era of food delivery, small shops have mushroomed, but due to their size, these shops often struggle to find cost-effective suppliers. Group-Buy’s open supply chain sign-ups are like sweet rain during a severe drought.

In the following period, trucks carrying the Group-Buy Supply Chain logo sped constantly to designated spots, delivering ingredients through back doors into the shops.

The perfect ingredients only needed simple cooking before merchants handed them over to delivery riders, in yellow or blue.

Once a significant number of contracts were signed and complete supply networks formed in first and second-tier cities, Group-Buy Delivery finally made its move.

Offer discounts, burn cash!

Group-Buy Delivery’s ads spread again, online and offline, as if afraid they wouldn’t be seen.

Oh no, he’s starting to burn cash!

Hungry Yet immediately countered with subsidy campaigns.

With no choice, having just gained momentum after receiving investments, they couldn’t let their rhythm get disrupted.

During the entire discounting process, Jiang Qin wasn’t too concerned about how much Group-Buy Delivery’s business grew, but the profits from Group-Buy Supply Chain skyrocketed, with business volume rapidly increasing.

Alibaba injected funds into Hungry Yet, which issued subsidies to merchants, boosting order volumes as merchants increased their purchasing. Group-Buy Supply Chain worked hard to handle the surge in orders.

Simplified, Alibaba injected funds into Group-Buy Supply Chain.

As the manager in Kyoto, Ye Ziqing monitored KPI achievements and business volumes in various sectors daily.

At this moment, she deeply understood what Tan Qing told her back in Shanghai when they were doing group buying.

【Group-Buy is just a platform】

No matter how big the platform gets, it ultimately earns from the cuts from the merchants they handle, like putting all eggs in one basket.

But now, even without those cuts, Group-Buy still has adequate profit points.

Meanwhile, the transport pressure on Hengtong Freight began to spike severely, reaching its capacity limit.

“Boss, Cao called. They’ve acquired a logistics company and a seafood supplier, but funds are tight.”

“Invest more money there, let Xu Yu handle it.”

“What about the earlier campaign?”

“Keep it going, keep burning cash. Draw out Uncle Ma’s five billion. I believe by the end, this spending will help us build an even more extensive supply network.”

“Understood.”

The booming e-commerce industry has significantly strengthened the logistics sector, with Shunfeng, San Tong, and various logistics companies growing stronger.

Although Hengtong Freight isn’t yet as large as these companies, its profitability is three times that of Shunfeng because e-commerce logistics are too competitive, and unit prices are low. The only way to increase profits is to continue scaling up.

However, as Group-Buy Supply Chain’s only designated partner, Hengtong Freight doesn’t have these concerns, and with the continued expansion of internet commerce, the gap will only grow.

Young master Cao is quite the character; he doesn’t have the typical rich second generation’s issues, but he sure lives the life…

In the afternoon, Wen Jinrui, with Wei Lanlan’s investment contract, rushed to the school to get Jiang Qin’s signature.

Young master Cao was there too, nonchalantly standing with a grilled sausage in his mouth, giving off a lackadaisical vibe.

After his thesis defense, his life involved hanging out in the lab with Ding Xue, playing games, or wandering around, utterly carefree.

Just returning from the lab, his lips tinged bright red, he walked in and was immediately drawn to the contract in Jiang Qin’s hand.

“What’s this?”

“Uncle’s investing more in your family’s business.”

Young master Cao, dizzy from the string of zeros on the contract, said, “Old Jiang, let me be honest. Hengtong Freight is definitely my future; why not skip the middleman and give the money directly to me!”

Jiang Qin gave a slight smile: “Would you be moved if I gave you so much money?”

“I’d be trembling with gratitude!” said young master Cao, his body already shaking.

Jiang Qin hummed, “Would you then take me out for a meal?”

“I’d treat you to a Manchu Han Imperial Feast.”

“In that case, let’s also skip the step of giving money. Old Cao, take me out to eat.”

Cao Guangyu held his breath, quickly adopting a ‘sorry to bother you’ expression and quietly left.

At that moment, Jiang Qin signed the contract, handed it to Wen Jinrui, and it was also the company’s payday. He had to approve a pay slip.

Normally, paying salaries is the finance department’s job, and the boss doesn’t need to intervene. However, one employee’s pay slip always required the boss’s personal approval. This employee, who enjoyed privileges not even the original 208 staff members had, was candy-loving Huihui.

Three hours later, Huihui stared at her pay slip, lost in thought.

“Why is it gone again? What have I done?!”

Gao Wenhui angrily pulled out her phone to call Jiang Qin: “Jiang Qin, why is my salary zero again this month!”

Jiang Qin’s phone transmitted a dog’s barking sound: “You know why!”

“???”

Gao Wenhui was baffled, having spent her recent time writing her thesis and attending meetings, and hadn’t even seen him.

Realizing this, Huihui turned to her right, where Feng Nanshu was sitting by a glass window, browsing her phone.

She was dressed in a white tee and stone-washed denim shorts, her long hair tied in a ponytail, exuding a naive and lively charm.

Gao Wenhui walked over and glanced at her phone screen.

Feng Nanshu was saving handsome pictures of Jiang Qin on her phone.

Seeing Gao Wenhui approach, she couldn’t help but lift her face, showing a dazed expression.

“Jiang Qin has docked my salary again. Although I’m not sure what I did, I believe you have a bonus for me.”

Feng Nanshu squinted her eyes, thinking, then reached into her bag and pulled out her small wallet: “Don’t tell brother.”

Gao Wenhui’s face crumpled: “I don’t even know what’s happening. You could at least let me have a taste.”

“I don’t know either.”

Feng Nanshu puffed up her cheeks, overwhelmed by her own mischievousness, unclear about where she might have slipped up.

Hearing this, Huihui nodded, thinking: you two always toe the line of mischief. I know nothing, but somehow, I feel so involved.

Just then, the speaker at the front desk suddenly announced a new order from Group-Buy Delivery that needed prompt attention.

She went over to accept the order and noticed Group-Buy was offering an additional 40% off on top of the existing discount.

The average person might not understand the implications, but this was undoubtedly turning the delivery market competition fierce.

“Is Group-Buy still competing?”

“Not only are they competing, but they’ve also started offering discounts on discounts. Besides, their Daily Specials is constantly running promotions.”

After hearing this, Zhang Xuhao felt overwhelmed.

Group-Buy doesn’t usually like to burn through cash, but now it seems they are determined to go all out.

Even though Hungry Yet has access to more funds, the thought of throwing hundreds of millions daily into the market was daunting.

The entire internet commerce circle was watching this spectacle, feeling nervous about the cash burn between the two companies.

Honestly, the amount of money burnt in this delivery war has now matched that of the group buying war.

Everyone in the circle discussed this, with mixed opinions on Jiang Qin’s sudden increase in bets. Some said Group-Buy Delivery was aiming to completely dominate the market share during this period.

Yet, others were perplexed, wondering how Group-Buy, even with substantial capital, could compete against giants like Tencent and Alibaba backing Hungry Yet.

Half a month into the cash-burning battle, the president of Jingdong received a report from Jingdong Logistics and immediately forwarded it.

Hengtong Freight, during the cash burn of the delivery platforms, had acquired three logistics companies and constructed five new warehouses combining storage and rough processing capabilities, undergoing digital remodeling.

“Their target isn’t Hungry Yet at all. They aim to expand their logistics line with massive order volumes!”

The president of Shunfeng also couldn’t help but speak out: “The Group-Buy Supply Chain has always been one of Group-Buy’s most profitable projects. After this expansion, its profitability might even catch up with Shunfeng.”