Chapter 166 The End of an Era

169, The End of the Era

At the Maoyu headquarters, Lao Ma would never have thought that these few moves would put Maoyu in such a big crisis. Now it is not just the Ye family that is besieging them, but even the banks and funds that were good friends before have begun to ignore Maoyu.

All investment institutions are not optimistic about Maoyu, which is digging its own grave. Even Xiao Wang and Qin Feng called to ask Tang Wen if he could make a fortune in this blocking battle.

Tang Wen smiled and said, "You can still think about drinking some soup, but as for the rest, don't think about it."

"What do you mean? Did a big boss take action?" The two asked curiously.

Tang Wen explained, "Why do you think Maoyu fell this time?"

The two thought about it and said puzzledly, "Isn't it that their planning is wrong?"

"This is just one reason." Tang Wen shook his head and continued to explain to the two.

"You forgot the most important point, and the most critical point."

The two looked at Tang Wen inexplicably.

Tang Wen didn't say much, but just silently pointed to the name of Baoshang Bank, and the two suddenly realized it.

Xiao Wang was the most touched. During this period, because of the repair of the relationship with Shenlong Bank, Wanda, which was originally going to bleed heavily, is slowly recovering. He is most clear about the name mentioned by Tang Wen.

As for Qin Feng, let alone, his family is related to this, how could he not know.

Qin Feng said helplessly: "Old Tang, my family is still related to this. I didn't see the situation, how could you see it first?"

Xiao Wang also nodded in agreement. Tang Wen's vision is too sharp. He almost saw the reason for this business war at a glance.

Tang Wen: "What's so difficult to see? It's just that Maoyu's boss, Lao Ma, is too jumping. He doesn't want to be a good intermediary. He wants to be an upper-class person. People are greedy."

Tang Wen knew about Maoyu's experience early. Just like Taobao in the previous life, taking too big a step is easy to pull the egg, not to mention that the red line of this thing is the most taboo for businessmen.

Especially, Lao Ma boasted that an "intermediary" company was a high-tech company, which made people very upset. Besides, you can boast if you want to, but it's a bit too much to want to turn the tables.

So Maoyu's failure is inevitable, whether it is now or in the future.

Because according to Maoyu's model, even if it goes public, it will be fined and unable to take care of itself. Why? Because the capital market will not listen to your bragging.

Besides, the people of Huaxia are not stupid. Will they use their own money to let you brag, and then join forces with capital to make money for their own family?

This obviously does not meet the current development needs, so Tang Wen did not have a good impression of Maoyu from the beginning. Only then did Tang Wen let Zhou Xu start the group buying and Miaopai projects.

Unlike Maoyu, Tang Wen pulled capital in from the beginning. And his goal is to make all the capital make money and let Huaxia have enough foreign exchange. How could such a conscientious enterprise fail?

The most important thing is that Tang Wen's enterprise can really make money. Take the current bicycles, food delivery and taxis as examples. It can bring WF Group more than 2 billion in net profit in a year.

This is because Tang Wen has always been customer-oriented. If Tang Wen had compressed costs as in his previous life, the profit would have at least doubled, but Tang Wen did not do that.

Because he felt that money should be earned with conscience.

In fact, Tang Wen really looked down on this little money. As the money-brushing system became more and more powerful. Now his daily withdrawal limit is 17 million. There is really no need to ruin his reputation for such a small amount of money.

Moreover, doing so not only improves the loyalty of users, but also makes the riders and drivers working for WF Group loyal. Capital makes money, and Tang Wen has an excuse to withdraw money from the system.

Why not do it? What's more, he is now a VVVVVIP customer of Huaxia Shenlong Bank. He endorses and makes extra money for Huaxia, and they are not blind.

So why can WF Group be so smooth in China.

As for foreign countries? That's even simpler. WF Group is the owner of the patent. Any authorization can make foreign capital eat oil, although it can't go public to cut leeks.

But the monthly income is something that others dare not even think about.

Take the foreign taxi software as an example. WF Group will share 30% of the profits, but the other 70% is taken away by foreign consortiums. In this case, foreign consortiums will naturally endorse WF Group.

Let alone takeaways and bicycles. The deposits collected by Morgan and Rockefeller can be said to be picked up for free. Compared with going public, they prefer this kind of stable income.

After all, you will cut meat every other time you go public, and this fund is continuous. You should know that foreign bicycles are much more black than domestic ones. The deposit of Chinese bicycles is generally 99, and the deposit of foreign bicycles is uniformly 50 US dollars.

It is equivalent to more than 300 Chinese yuan. Currently, there are more than 15 million bicycle users abroad. The deposit alone is as high as more than 750 million US dollars, not to mention the 2 US dollars per ride.

To put it bluntly, it is no different from robbing money.

In terms of the charge for takeout, they will take a 20% commission for each order abroad (equivalent to the service fee of a restaurant). Currently, the total number of takeout orders abroad is about 1 million orders a day.

Even if they take the lowest 20%, the minimum delivery price is 20 US dollars, they can earn 4 US dollars per order, which means 4 million US dollars in a day. It is 120 million US dollars a month, and more than 1.2 billion US dollars in a year.

The labor cost is only about 100 million US dollars, which means their annual net profit is more than 1 billion US dollars. If they take 70%, they can get at least 700 million US dollars.

Moreover, this is just the starting stage of food delivery, not counting taxis. If you count bicycles and taxis, their profit can easily reach more than 3 billion US dollars a year.

How could they give up such a project that makes money for free? Unless they encounter such big leeks as Silla and South Korea, how can they get 3 billion US dollars a year for free?

So they cooperated with Tang Wen very much, and they were eager to promote such a profitable project quickly. If the number of people who take food, bicycles and taxis exceeds 10 million, then their profits are likely to exceed 10 billion US dollars.

Moreover, Tang Wen took the initiative to give up 70% of the profits, which is why they are very concerned about this.

Unlike Tang Wen's generosity, Maoyu's Lao Ma is a conservative player with a "novel" mouth. On the one hand, he talks about reform and innovation.

On the other hand, he is following the old path of capital, wanting to borrow chickens to lay eggs. Now he not only wants to borrow chickens to lay eggs, but now Maoyu even wants chickens.

So it is normal to be besieged.

"What should we do? Baoshang Bank now wants us to make up the difference in the payment license, otherwise it will force us to settle the balance in Maoyu Payment." Lao Ma was so anxious that he walked back and forth like an ant on a hot pot.

Sun Yi of Soft View frowned: "Why do we suddenly have to pay the difference now? Doesn't Baoshang Bank also have our shares?"

Lao Ma: "I just don't know. They suddenly re-examined our loans and the cat food (a micro-loan service of Maoyu) we launched before."

Cat food is a loan-like service launched by Maoyu last year. For example, if you use cat food to buy a laptop, Maoyu will use the laptop you bought to find a loan from Baoshang Bank.

Baoshang will pay you to buy the computer, and then you pay Maoyu back. Maoyu eats the interest and then pays the money back to Baoshang. If you can't pay it back, you owe Baoshang money.

Maoyu is just a middleman.

Sun Yi felt bad. He had a sense of trepidation when Maoyu launched cat food before, and now this feeling has finally become a reality.

"Is there room for turnover?" Maoyu's executive director asked.

Lao Ma shook his head: "If we can't pay the difference by next week at the latest, our payment license will be suspended."

After listening to what Lao Ma said, everyone's face darkened. This time, Maoyu may not be able to get over this hurdle. Because this difference is really scary.

According to the regular tax rate of Maoliang, Maoyu now needs to pay a deposit of more than 100 billion to continue to use the payment license, otherwise it will be listed as illegal.

The only thing you can do is to pay the deposit or learn from Dongdong to use your own shares and real estate as collateral. Dongdong sees this much further than Lao Ma.

When Dongdong, who came from the real economy, applied for a payment license at the beginning, he used his own real estate plus shares as collateral. The difference from Maoyu is that if you buy a computer from Dongdong with their Dongtiao.

Dongdong uses its own shares to find a bank to lend you money. Although the interest is also collected by Dongdong, it is Dongdong that compensates the bank after you default.

You still only owe Dongdong money, which is much better than Maoyu's empty-handed wolf. Moreover, Dongdong has a lot of high-quality resources pledged in the bank, so they can lend more money than Maoyu.

And there is no triangular debt relationship, so such enterprises can also make banks feel at ease. Especially after the establishment of Madong Mall with MQ, Dongdong's Dongtiao and MQ's M Wallet merged and both used their own assets as collateral, so their margin is much more than Maoyu.

Sun Yi's eyes kept turning, constantly groping for a way out. But after thinking for a long time, he shook his head helplessly. The current situation can only be those two endings.

But no matter which one it is, Maoyu's failure has become a foregone conclusion.

Another major shareholder of Maoyu, the Hua family, is now looking very ugly. Recently, the Ye family didn't know what kind of gunpowder they had eaten, and they have been chasing after the major companies of the Hua family.

In just a few days, the Hua family's funds lost more than 2 billion Chinese yuan. Although it was not a serious injury, this situation made the companies under the Hua family begin to waver in morale.

No one knows who the next target of the Ye family will be. Once they are targeted by a large consortium like the Ye family, they, the small minions, can only be used as cannon fodder.