When Ding Wei returned to Gaoling Capital, he didn't react. Lin Feng actually promoted him.

Lin Feng made Ding Wei become the supervisor of Starry Sky Group at Gaoling Capital, which means that Ding Wei changed from Zhang Shi's subordinate to the same level as him.

The supervisor is to exercise supervision rights on behalf of Starry Sky Group to see if the company has done anything that violates the interests of Starry Sky Group, and its position is the same as that of the CEO of Gaoling Capital.

The most important point is that although this supervisor is at the same level as the CEO, the supervisor has the same regulatory authority over the CEO.

Before, Lin Feng was still worried about who to send to Gaoling Capital as the supervisor. After all, no matter who to send, he would definitely be rejected by Gaoling Capital. This would be very hindering to the supervisor's later supervision work.

However, Ding Wei's appearance solved Lin Feng's problem.

On the one hand, Ding Wei is quite loyal to him, Lin Feng. Although the authenticity needs to be investigated, it is at least okay to do it in public;

On the other hand, Ding Wei was originally a high-end capital. If he was the one who was responsible for this supervisor, at least he would face a little less resistance.

As for whether Ding Wei has conscientiously fulfilled his supervision responsibilities at Gaoling Capital, Lin Feng plans to hand over this task to Chen Dajun.

When Ding Wei heard Lin Feng want to invest in Dangdang.com in Lin Feng's office, he thought to himself that Lin Feng agreed to Zhang Shi's investment this time, and he must be very disappointed with his ability.

After all, he opposed Gaoling Capital's investment in Dangdang.com, but now even Lin Feng agrees to invest in Dangdang.com, which proves that his investment vision is not good and he has not even seen such a good project.

But Lin Feng not only did not blame Ding Wei, but instead promoted him.

When Ding Wei returned to the company, the words Lin Feng said kept ringing in his mind: Ding Wei, at Gaoling Capital, you are the person I trust the most. If you want to help me look forward to this industry, you must not give others a loss of my money.

When Ding Wei heard this, he felt his whole body boiling, and the burden on his shoulder suddenly became heavier.

Zhang Shi was originally afraid that Lin Feng would not agree to the project, but unexpectedly, Lin Feng not only agreed, but also had to take all the financing of Dangdang.com.

What surprised Zhang Shi even more was that Lin Feng agreed to his investment plan on the one hand, but on the other hand, he actually promoted Ding Wei, and promoted Ding Wei to the same level as him.

Before, Zhang Shi was thinking about who Lin Feng would send to Gaoling Capital as the supervisor, but he did not expect that Lin Feng would actually make Ding Wei the supervisor.

The most troublesome thing is that Zhang Shi had a falling out with Ding Wei not long ago.

If Zhang Shi and Ding Wei were still good friends before, they would be very happy when they heard the news.

After all, once Ding Wei becomes this supervisor and as CEO, the high-collar capital will be firmly in his hands.

Thinking of this, Zhang Shi was thinking about whether he would find some time to apologize to Ding Wei. After all, he was just talking so hard that he said those words.

However, Zhang Shi could only put this matter aside for the time being. After all, financing from Dangdang.com is imminent, so the financing matter needs to be solved first.

With Lin Feng’s support, Zhang Shi had no scruples. Anyway, Gaoling Capital is not short of money now, but it is just lacking in good projects.

So for this financing, Zhang Shi personally led the team to Dangdang.com to talk to Li Qing and his wife.

Zhang Shi had heard of Li Qing and his wife from Dangdang.com before.

Li Qing is a person with great ability and resources. When he founded Dangdang.com, he relied on his own relationship to invest millions of dollars.

Li Qing’s wife is Yu Shuang, who is a person in the capital circle. She is responsible for helping Dangdang.com deal with capital matters.

So the couple joined forces and in just a few years, Dangdang.com developed into the number one online bookstore in China, and was called "domestic Amazon."

Later, Dangdang.com moved to other businesses. After several years of development, it became an electronic network platform with diversified business.

Previously, due to Lin Feng and JD.com, many capitals turned their attention to the e-commerce sector.

Dangdang.com is very well-known in China. Now Dangdang.com is going to carry out the third round of financing, so many capital parties have come to visit, including some strong capital tycoons.

After several rounds of bidding, Gaoling Capital quoted a valuation of one billion US dollars to Dangdang.com, becoming the final winner.

Originally, when many capitals heard Gaoling Capital quoted a valuation of one billion US dollars to Dangdang.com, they thought Gaoling Capital would leave some "soup" for them to drink.

After all, Dangdang.com took out 10% of its shares to raise funds this time, with a valuation of one billion US dollars, which is one hundred million US dollars.

They don’t believe that Gaoling Capital can eat all of it.

But the result surprised all capital.

Gaoling Capital not only took over all 10% of the shares of Dangdang.com's third round of financing, but also took over the shares of other shareholders of Dangdang.com.

When I heard that Gaoling Capital was particularly optimistic about Dangdang.com and wanted as many shares as possible, the capital invested by Angel began to sell the shares in its hands to Gaoling Capital, including IDG, M Guo Tiger Fund and other famous institutions.

After all, when these capitals first entered the market, Dangdang.com was only worth millions of dollars. Now, in less than ten years, Dangdang.com's valuation has reached one billion US dollars, which has increased many times. Those capitals also felt that Dangdang.com's valuation of the billion US dollars was too high, so they all took the opportunity to leave.

So in the third round of financing of Dangdang.com, Gaoling Capital valued Dangdang.com with a valuation of one billion US dollars and invested 300 million US dollars to buy 30% of Dangdang.com's shares.

After this financing, among the shareholders of Dangdang.com, Li Qing and his wife accounted for 40%, Gaoling Capital accounted for 30%, and the remaining 30% were held by some small shareholders.

As soon as the news came out, the entire e-commerce investment boom became even more carnival.

After all, Dangdang.com's valuation has reached one billion US dollars, so other companies that have just started their own businesses can also get valuations of millions.

As a result, more and more entrepreneurs flocked to the e-commerce industry, and then kept opening stores, raising funds, and burning money to seize market share, refinancing, and burning money again.

As the leader in the industry, Alibaba's business was first hit.

If you start a business and open an online store, it may be a good thing for Alibaba, but everyone starts a business and opens a website, and it is an e-commerce website.

No matter what others buy, it will always have an impact on Alibaba's e-commerce. The sales of merchants at Alibaba's company are reduced, and Alibaba's revenue will also be reduced.

Moreover, with the continuous burning of money by those entrepreneurial websites, not only selling goods at low prices to seize market share, it has caused many users to lose to Alibaba.

Boss Ma of Alibaba looked at the report he had just handed in. Before he finished reading it, his face became angry and threw it out.

"Old Cai, come to my office."

Boss Ma picked up the phone and called Cai Xin, asking him to come over and discuss countermeasures immediately.

"Old Ma, your temper has become a little irritable recently, so you need to change this."

As soon as Cai Xin walked into Boss Ma's office, he saw reports scattered on the ground. So he squatted and picked them up while talking to Boss Ma.

"Tell me, what's the matter if I'm so anxious?"

Cai Xin sorted out the picked-up report and placed it on Boss Ma’s desk.

"It's not because of the report you have in hand that our company's e-commerce business has lost 20% of its users in this month." The anger on Boss Ma's face had not subsided, and his tone was a little turbulent.

"Old Ma, I didn't mess with you. If you have any fire, don't spread it on me."

Cai Xin looked at the expression on Boss Ma's face and suddenly smiled and joked.

After saying that, he lowered his head and looked at the information he had picked up just now.

When Boss Ma heard Cai Xin's words, the anger on his face slowly endured.

A few minutes later, Cai Xin frowned and looked at Boss Ma.

"It's really that serious?"

Boss Ma said: "Before Lin Feng's large-scale investment in JD.com and huge investment in establishing Starry Sky Logistics have led to many people flocking to the e-commerce sector."

"As far as I know, there are more than a thousand newly established e-commerce companies in the country this month alone."

After listening to Boss Ma's speech, Cai Xin still frowned.

"Even so, our e-commerce business will not decline so much."

"After all, we have been deeply engaged in this industry for so many years, and it is impossible for us to have no means of resistance."

Boss Ma smiled bitterly and said, "Do you know how those e-commerce companies seize the market?"

Cai Xin looked at Boss Ma in confusion and said, "Price war?"

Boss Ma said: "If it were just a general price war, we wouldn't have been like this."

"But their method is simply to pay for money. Our Alibaba company has a big family and a big business, how can we compare with them?"

Cai Xin said: "Even if they are in a price war, they always have to make some profits, right? Do they really want to be good Chinese businessmen and not make a penny?"

Boss Ma said: "They not only do not make money, but they even subsidize money to subsidize users."

"It's like a tissue costs two yuan, they sell for one yuan, and they pay the rest to subsidies to merchants and users out of their own pockets. How do we Alibaba fight?"

Cai Xin stared at Boss Ma with wide eyes, unable to believe that there was anyone doing business like this.

Although Alibaba also fought price wars when it was doing e-commerce, it was not profitable at that time, but it was not as good as it would have to pay for money like this.

Boss Ma is right. If Alibaba also learns from these people to pay for money, according to Alibaba's current scale, it will be at least tens of billions of dollars a year.

Alibaba's company is not profitable now. When it was fighting back against Penguin E-commerce, it had already burned a lot of money. Now Alibaba does not have that much money to burn.

What's more, even if Alibaba learns the same subsidy money as those companies, the situation is still not solved, and Alibaba is also facing a life-and-death situation.

"Even if they have money, they can't stand their burns like this. They should stop doing this a lot." Cai Xin said his thoughts and comforted Boss Ma.

Boss Ma looked at Cai Xin and said, "The problem is that now a lot of capital is attracted to the e-commerce sector and is constantly pouring in."

"You also know the power of capital. Once those capitals concentrate on supporting several companies, our Alibaba company will not be far from bankruptcy."

When Cai Xin heard Boss Ma's words, he suddenly didn't know what to say. Suddenly his throat felt a little dry.

So I walked to the water dispenser, took out a disposable cup, took a glass of water, finished drinking in a few sips, and then took another cup.

Boss Ma watched Cai Xin take three glasses of water in a row, and then listened to him drinking a few sips. Boss Ma did not stop him and stood by and waited for him.

After drinking three glasses of water, Cai Xin finally felt much more comfortable. He put down the cup in his hand and turned to look at Boss Ma.

"I think we should go see Lin Feng. This time it was because of Lin Feng. I also believe that he will definitely have a solution."
Chapter completed!