"Fengchao Technology?" Wang Wei was stunned for a moment, obviously not knowing what this was.

Zhou Yujie didn't care, and introduced the operation logic and business advantages of Fengchao Express Locker.

Fengchao has just risen and has been deployed in several cities. The impact on the express delivery industry has just begun. As the leader of SF Express, Wang Wei cannot pay attention to the slight changes in the market at any time.

After hearing this, Wang Wei asked: "Mr. Zhou, with Toutiao's economic strength, hundreds of millions are just a drop in the bucket. Why should we introduce SF Express's funds?"

Zhou Yujie smiled and said, "Because Fengchao is difficult to do with only Pinduoduo and Tiantian Express. I need to unite with all other logistics companies on the market except Cainiao.

The first wave of Fengchao financing will only introduce SF Express. In the next round of financing, I will also introduce express companies from all parties and everyone will work together.”

"So, Toutiao wants to do your own Fengchao Logistics?" Wang Wei said lightly.

Wang Wei has always been very repulsive about Cainiao Logistics. He knew clearly that this was a trick by e-commerce giant Alibaba to further control the entire logistics industry. Therefore, SF Express did not join in.

Zhou Yujie shook his head and smiled: "Of course not. Fengchao will not involve other express delivery processes except for terminals. Inviting SF Express to join, the first is to provide Fengchao with enough funds. I want to make this market nationwide, which consumes a lot of money.

The second is that SF Express can also use Fengchao to quickly achieve its own terminal delivery speed, which should be SF Express’s always goal.

As for other factors, Mr. Wang doesn’t have to worry. Pinduoduo is taking the cost-effective route. Even if it involves the logistics industry in the future, it will not form a competitive relationship with SF Express.

To a certain extent, we should actually cooperate more. Alibaba has very strong control over e-commerce, payment and express delivery. It is gradually integrating these resources. Once it is successful, although my Toutiao will suffer losses, there are many ways out. SF Express seems to be gone!”

"How does Mr. Zhou want to cooperate?" Wang Wei asked after a moment of silence. He was obviously a little moved. Although e-commerce has quickly expanded the express delivery market, its influence is too great. The relationship of mutual cooperation, mutual benefit and win-win has become the dominant e-commerce giant.

Although SF Express has its own way of life relying on industry and commerce, and the demand for e-commerce is not high, when the basic control of e-commerce is stable, it can completely compete for SF Express's market in reverse, but SF Express cannot do this.

For example, the delivery speed of JD Logistics is no lower than that of SF Express. At present, the two are not affected by the water because the scale of JD Logistics is not large enough to keep up with JD's demand.

But one day, JD Logistics will expand to its limit. At that time, they will inevitably seek other markets outside JD.com, and the characteristics of high-speed mean that the first impact is SF Express.

SF Express has no way of doing this. It has no basic market. In addition to JD.com, Santong and Yida may also use this trick, because Tmall may also compete for the high-end express delivery market for high-quality services.

At the same time, what Zhou Yujie said is very correct. Pinduoduo's characteristics have led to it not investing in high-end logistics industries. Such costs are only suitable for e-commerce with higher profits.

At least in the short term, there is no direct conflict between the two. As for the various possibilities in many years, it doesn’t make sense to think too much now.

In this way, cooperation is still good, and if the terminals in the express delivery industry are really controlled, other express delivery companies can only choose to deliver goods to their doorsteps or expand more offline stores, and the cost of these two is much higher.

Zhou Yujie said: "Fengchao Express's current valuation is 500 million. I can transfer 20% of the shares to Mr. Wang, but I have no voting rights."

"This is not possible, there are too few shares, and I want at least one veto power." Wang Weishi said.

"There is no room for negotiation for control." Zhou Yujie refused without hesitation.

Sometimes the control of a company is not just about the share ratio. If a shareholder has a veto, it is a fatal threat to the company holders. Although ofo in later generations has many problems, the direct cause of bankruptcy is that he died in this trick.

Wang Wei said: "If I don't have control, what's the point of investing in it? Then it's better to build such a company myself and burn money. I, SF Express, are not short of money!"

As a Fortune 500 company, SF Express has a lot of cash reserves. Even if it is not as good as Bat, it is much better than Toutiao.

Zhou Yujie shrugged and said, "Okay, then SF Express's self-built express cabinet company, and then what? Do you burn money with Toutiao? Besides cash, what are the advantages of SF Express?

The placement of express delivery cabinets is just a trivial matter, I just don’t know how SF Express allows hundreds of millions of people to use it? And SF Express’s orders should not be many for communities, right?”

Wang Wei frowned slightly, and Zhou Yujie's series of questions happened to ask SF Express's weaknesses.

The corresponding requirement for putting in express cabinets is to develop an APP. The development cost of this APP is simple, but the promotion cost is too high. Fengchao is directly embedded in Quxin, and the difference between the two is too far.

At the same time, due to the high unit price, SF Express's demand in the civilian market is very low, and SF Express has been trying to expand this market, but there is no e-commerce behind it, and the promotional cost is too high, so there is no way to start.

Competing with the logistics system that has traffic and Pinduoduo is really asking for trouble. In addition, the market positioning of both parties is different, there is no meaning to conflict.

Wang Wei continued: "If it is just an economic return, I am not very interested in this kind of investment."

"Then I can only find other express delivery companies to cooperate with you." Zhou Yujie said calmly.

The express delivery market has long been controlled and monopolized by major giants and e-commerce companies that rose ten years ago. Toutiao can enter this market, but it is very difficult to achieve the top level.

In particular, Pinduoduo and Toutiao are both competitors of Alibaba, and the other party's suppression is definitely everywhere. Therefore, it is very important to win over SF Express, which has no conflict with its strategic intentions and has the same enemy.

If Fengchao wants to rise quickly, it must not rely solely on burning money. Enough orders are also very important. Although SF Express is not good at the civilian market, its base is too large. Coupled with the large number of orders from Pinduoduo, it is enough to obtain a normal business model for Fengchao.

As long as Fengchao develops fast enough, even if the most promising enemy Ali discovers it later, he may not be able to make the situation come true.

But Wang Wei disagreed now, so it doesn't matter if he scares him.
Chapter completed!