Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 1266 Financing is imperative!

After hearing this, there was silence in the office for a while, and everyone had different expressions.

Tian Xiaobing's eyes flickered, slightly moved.

Zhao Jing rubbed his thumb, with an intriguing expression on his face, as if he was still a little unsure about this matter.

Lu Heng, however, counted the time and said with emotion: "It has been almost two years since Yuozi Technology was established the year before last and the website was launched in August last year. It seems that financing is indeed feasible."

Zhao Jing looked at Lu Heng and asked calmly: "Director Lu, are you more optimistic about financing during this time period?"

Lu Heng shrugged and said casually: "The timing is just right, but it still depends on the current situation of Youzi Technology. Zhao Jing, what do you think, please tell me?"

Zhao Jing rubbed his fingers, "I would also like to know more about the investors who have negotiated with Youzi Technology and see what their backgrounds are like."

From beginning to end, after hearing the news, several group leaders did not express any objection to financing.

In fact, for a long time, Lu Heng and others have been operating Yuzi Technology, an independent subsidiary of the group, with the idea of ​​relying on financing to expand in the future.

The reason is also very simple. Although Youzi Technology has the gimmick of being able to trade second-hand cars, in fact, in essence, it still prefers Autohome, an automotive media website that provides information and platform services.

Its profitability is difficult to guarantee, and the upper limit is not high.

At least for now, that’s the case!

It is precisely because profitability is difficult to guarantee that if you want to become bigger and stronger, you must rely on the continuous influx of large funds to maintain the operation of the website.

However, relying solely on Hengcheng Group’s funding has shown signs of sluggish development.

Hengcheng Group's allocation is extremely limited. Although Autohome also has a certain share, the financial support it can provide is not much.

As Youzi Technology has developed, the funding gap it needs is getting bigger and bigger, so financing becomes imperative.

At Lu Heng's signal, Huang Xiaowei began to introduce the current status of Yuzi technology.

As the person in charge of the Ministry of Commerce, she is in contact with that party all the time, and she is a party that she knows very well.

"Youzi Technology has been running the Youzi used car website for eleven months since it was launched. The number of real-name registered users on the website has reached 92 million, and it is hoped that it will exceed 100 million users on the first anniversary of the website. As of yesterday, daily

There are more than 600,000 unique users, and daily unique user visits exceed 5 million times. At this scale, it is already the largest used car website in China."

Lu Heng and Zhao Jing nodded one after another, this result was expected.

As China’s first used car website, it seems like it has no competitors, but that’s not the case.

Just this year, three second-hand car websites have emerged in succession: Used Car Home created by Autohome, Guazi Used Car Network, and Huaxia Used Car Network. And this momentum is developing rapidly, and there is no guarantee that other competitors will appear.

It is not easy for Youzi Used Car Network to maintain its position as the leader and continue to develop rapidly.

"As for the number of successful second-hand car transactions, there are already 13,000. In other words, 13,000 second-hand cars have been sold through our platform. And those who have done so privately by browsing website information

The number of second-hand car transactions is unknown, and it is not included in statistics."

Tian Xiaobing frowned and asked, "How is the revenue?"

Huang Xiaowei gritted her teeth and said with difficulty: "The advertising revenue is 8 million, and the turnover gained through our second-hand car channel is 5 million. The total revenue is only 13 million."

After getting this result, Tian Xiaobing's face became very ugly, and he looked at Lu Heng and Zhao Jing with a cold face.

"Director Lu, Mr. Zhao, I need to say something. The amount allocated to Youzi Technology through the Finance Department has reached 50 million to maintain the daily operation of the website and various expenses. However, the revenue is only 1,300.

Ten thousand, this kind of loss is huge, huge!”

Lu Heng spread his hands and said helplessly: "I can't help it. Isn't it like this for all websites? Not many of them can make a profit at the beginning."

After hearing this, Zhao Jing looked a little reluctant. He had thought that developing Youzi Technology would be very expensive, so he agreed to cooperate with Autohome, allowing the other party to not only provide talents but also bear part of the financial pressure.

But I didn't expect it would be so expensive.

This was despite the fact that there were not many competitors last year and they were not strong.

If the competition is fierce, I'm afraid more money will have to be burned.

Zhao Jing asked patiently: "When I talked with Xue Mingxing before, didn't he mention that he would imitate the dealers of Autohome and join him? This is a big source of money, and Autohome also relies on this trick.

We have completely achieved profitability, how is the progress of Youzi Technology?"

When he said this, everyone else glanced at Lu Heng subconsciously.

Several people present more or less knew some of the inside story.

The original Autohome dealer franchise project was provided by Lu Heng to Li Xiang. For this reason, the other party also paid 1% of the symbolic shares to Lu Heng and reached a good cooperative relationship with Hengcheng Group.

Hengcheng Group is now developing so rapidly, with new car sales ranking first in the country, and its cooperation with Autohome has a lot to do with it.

Taken together, it can be said that Lu Heng's original idea was worth thousands of gold.

Now that Youzi Technology is looking for profit points, it is natural to focus on this area.

Huang Xiaowei smiled bitterly and said: "This plan has indeed been approved, but it has not been implemented yet because our website is still a bit small after all. Dealers across the country are in a wait-and-see mode. Mr. Xue and others have sent people to contact some local dealers in Beijing.

Dealers, but their attitude is very imitative."

Hearing this, Zhao Jing could only frown and sigh.

After all, it was not the previous Autohome. At that time, Autohome had been in business for three or four years and was large enough, with 300 million website users.

It is also true that after receiving Lu Heng's Braille instructions, Li Xiang went back and implemented the project, and achieved considerable results.

It can only be said that Yuezi Used Car Network still has a long way to go.

After all, the number of users on a website is accumulated bit by bit. How can an embankment of thousands of miles be built in one day?

When Lu Heng saw this, he didn't have any good solution, or he said that the solution had already been placed in front of them.

"Financing is imperative. Only with the influx of large amounts of external funds can we bring Yuzu Technology, which has stopped developing, onto the highway!"

Tian Xiaobing said decisively!

For her, who is in charge of the wallet of Hengcheng Group, if the financial pressure from Youzi Technology can be alleviated, that would definitely be a welcome thing.

Zhao Jing raised his eyes and said with excitement: "It seems that this is the only way. The company really can't sustain the money burning there. Huang Xiaowei, you are contacting those investors on behalf of Hengcheng Group and Youzi Technology.
Chapter completed!
Prev Index    Favorite Next