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Chapter 485 Condemn Xingyi Technology for breaking the rules!(1/3)

"Baidu map is considered useless!" Li Yan was very angry, but helpless.

It is not that easy to make the underlying map data.

At Tencent headquarters, Mr. Ma was also shocked:

"200 million daily active users!"

"Since it was acquired by Xingyi Technology, Gaode Map has been invincible."

The vice president agreed very much: "Baidu Map is completely useless, with more than 10 million per day, and there is no future."

Mr. Ma laughed: "Baidu Map collapsed, and it is our opportunity for Tencent to take action. If Gaode Map completely monopolizes the market, it will be too late for us to take action."

"How is Tencent Map doing?"

"The integration of the new underlying data of the four-dimensional map has been completed and the comprehensive upgrade has been basically officially launched. Although there is still some gap compared to Gaode, the gap is not big."

"Okay, very good!" Ma Dongxi raised his eyebrows:

"This annual meeting will make Wang Yi famous for two days first. Two days later, a brand new Tencent map will be released, officially declared war on Gaode! And local life will also be accelerated. We Tencent will take over the market that Baidu has lost, and we must not let Xingyi Technology dominate the world!"

"yes!"

Wang Yi skipped the business units that continued the annual meeting, and only announced the most important and core businesses:

"Gaode Taxi is also developing rapidly, and has been launched in 400 cities, with more than 8 million online ride-hailing drivers, and the average daily order volume exceeds 15 million orders!"

"Although most of the 8 million online ride-hailing drivers work part-time, only a small number of them are full-time."

"But in 2012, the total revenue of Gaode Taxi Business Department was still as high as 95.7 billion!"

Hearing this, everyone was shocked:

"What? A taxi with Gaode has a revenue of 95.7 billion?"

"It's only been less than a year and a half since Gaode Taxi went online, right? Its annual revenue is 95.7 billion?"

"Crazy, it's crazy, Xingyi Technology is too powerful!"

"Any business unit is a giant that can be a billionaire!"

Even Mr. Ma couldn't help but sigh: "Take a taxi is so terrible. Tencent Map is online as soon as possible, and taxi business is launched as soon as possible, so it's called Tencent Taxi!"

Baidu Li Yan is also ready to move: "Take a taxi so much money, but unfortunately there are too few Baidu navigation users."

Ali Jackma is also drooling.

But Wang Yi was not happy: "But, the net profit was 4.3 billion!"

"What?"

"So little!"

"Damn!"

For a moment, no matter the netizens watching the live broadcast or the corporate tycoons who were in the live broadcast room, they couldn't help but swear.

"The revenue of nearly 100 billion yuan is only 4.3 billion yuan. Everyone finds it incredible, right?"

Wang Yi spoke calmly: "But in fact, there are only so few!"

The scene was in an uproar, and the BAT bosses were confused.

Wang Yi said:

"Gaod Taxi only costs 20% per order, and the remaining 80% of the revenue is the driver's remuneration and subsidy. Therefore, the revenue of 95.7 billion was given to the driver's 76.56 billion."

"After deducting various taxes and fees, the average monthly income of Gaode online car-hailing drivers is still more than 8,000. If the fuel fee is deducted, the average net income will exceed 6,000!"

"Those full-time drivers earn tens of thousands of dollars a month!"

"Absolutely a high-income group!"

The barrage was blown up:

"Damn it, online car-hailing is so profitable? Isn't it fake?"

"Mr. Wang, I am a little educated, don't lie to me!"

"As an insider, I can only tell you that it is true."

"I used to drive a taxi and I took a long walk to get a customer. Now I'm doing online car-hailing, and the order has just ended and the next order has arrived."

"I ran for eight hours yesterday, 25 orders, and got 400 yuan!"

Wang Yi continued: "Perhaps, if there are more online car-hailing drivers in the future, the average daily order volume will decline, and everyone's income will be reduced. But now, it is the best time for online car-hailing to open up land, and the daily order volume is quite considerable."

"Gaode will take a taxi with the lowest commission and the greatest concession, to the car owner and passengers."

Wang Yi knew that the average daily average of full-time drivers is about 25 orders, but ten years later, the average daily average is about 10 orders.

Now, full-time online car-hailing car owners earn tens of thousands per month, and ten years later, it will only be five or six thousand.

Supply and demand relationship determines everything.

Wang Yi continued: "Precisely because 80% of the revenue is given to car owners, full-time car owners earn tens of thousands of yuan a month, Gaode only has a gross profit of 19.14 billion yuan. After deducting various taxes and fees, we promote Gaode taxi marketing and promotion expenses, system R&D expenses, daily maintenance expenses, server expenses, as well as all employee salaries, customer service salaries, etc., in the end, there is only 4.3 billion yuan in profit left."

Gaode taxi has just started to do it, and it has to be promoted on a large scale, and it costs money everywhere.

Wang Yi was very satisfied with the profit of 4.3 billion.

After all, Didi made a profit after seven years of loss in her previous life.

Of course, the main reason for the loss is to burn money and subsidies. Even if the commission is about 30%, it will be burned out and the losses will be hundreds of billions every year.

Wang Yi chose another method, only 20%, reducing corporate profits and increasing driver benefits.

In this way, the car owner will naturally be willing to take a taxi with Gaode.

If other companies want to join, they will also need a commission of 20%, or even lower.

However, Gaode only earns 4.3 billion if he draws 20%, and if other companies draw 15%, there will be no profit at all.

Another price war will be even worse and you will lose a complete loss.

To put it bluntly, Wang Yi blocked the threshold for other companies to enter the industry by lowering the commission and profits of Gaode Taxi.

Without profit, who is willing to come?

Sure enough, Jack Ma's attitude changed: "The revenue of 100 billion is only 4.3 billion yuan, so it's better not to do this taxi industry!"

The vice presidents agreed very much: "Yes, the profit of 4.3 billion is not enough for us to build our own underlying map data."

Baidu's vice president also looked unhappy: "If you draw 10% more, Gaode can earn more than 10 billion by taking a taxi. Wang Yi has a trick in his mind, only 20% of it?"

Li Yan was deeply moved: "Wang Yi is not a trick in his mind, he is very wise. If Gaode takes a taxi to get 30% and his annual profit is 13 billion, our Baidu, Tencent, and even Alibaba want to join. But now we only get 20% and the annual profit is 4.3 billion. Not to mention that Alibaba doesn't want to do it, we are too lazy to get into it. After all, if there is another giant, we will inevitably have price wars and money subsidies, and we will not make any profit."

"So that's it, this guy is so sinister!" The vice president suddenly realized: "He is taking retreat to advance, and he has cut off our idea of ​​taking a taxi on Baidu."

Li Yan nodded: "No, give up, it's meaningless to lose money. I'll talk about it when I start doing the underlying map data."

Tencent Headquarters.

"Chairman, then do we still do Tencent taxi?" his subordinate couldn't help asking.

Mr. Ma sighed and became confused: "Do it, there is no profit, a lot of investment, a lot of revenue, and in the end, I can't make one or two billion, and maybe even lose money."

"If you don't do it, we have QQ traffic, WeChat Pay, Tencent Map and 4D Map's underlying data. If you don't take a taxi, it will be a waste of resources."

In the previous life, the commission ratio was about 27%-30%. Several platforms worked together, as long as there was no money-burning war, everyone would make a profit.

Now Wang Yi works directly to 20%, which is basically equivalent to compressing to the limit profit.

Only 20% of the money was lost, Baidu and Alibaba had no profits, and Tencent was also a little uncomfortable.

Only Gaode Taxi can make a profit of billions a year.

Once Tencent joins and the two giants compete, the profit will be terrible.

If you spend money to steal users, you will inevitably lose billions.

Even if you don’t spend money to steal users, you can earn at most one or two billion.

It's completely tasteless, but it's a pity to throw it away.

This is Wang Yi's strategy, and it is still a conspiracy.

It directly lowers industry profits and does not even give the other party the opportunity to burn money and subsidize and fight a price war!

Sure enough, Mr. Ma sighed: "Forget it, let Tencent Map go online first and see the number of users. If there are many users, we will do taxi rides or invest in a taxi ride company. If there are fewer users, then forget it. The return on investment is too low."

"yes!"

"Next, Xingyi Zhijia!"

Wang Yi changed the subject: "Xingyi Zhijia achieved great success last year, with a rapid increase in product types, and has become the first in the country and even the world in many categories."

"Xiao Ai Audio Standard Edition, global sales exceeded 35 million!"

"Xiao Ai Audio Lite, more than a month after its launch, its global sales exceeded 6 million!"

"Xiao Ai Audio Pro, more than a month after its launch, its global sales exceeded 3 million!"

"Xiao Ai Audio's total global sales volume exceeded 44 million!"
To be continued...
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