You Were Told to Design Software, But You Created Tiktok?!

290: Section 290As for the present, Hello Bike, which had already occupied a significant portion of the shared bike market, was completely ignored by them.

Just as Ali Group thought, in the eyes of Penguin Group, such a small company was completely unable to bear the risks brought by deposit-free riding.

As long as they could not provide the deposit-free riding feature, then this Hello Bike would definitely be crushed by them.

Therefore, regarding Hello Bike, which had already occupied a significant market share, Penguin Group also did not take them seriously.

Listening to their words, Pony’s eyes brightened significantly.

He had just discovered information he was quite concerned about from their conversation.

He looked at Ma Liuyun and slowly said, ”Are you saying that even Wang Mo hasn’t discovered the existence of this brand-new trend of shared bikes?”

Ma Liuyun nodded.

”Now, Ali Group and some other internet companies already have plans to enter the shared bike market.”

”Among all the large internet companies, almost only this Junzi Group currently hasn’t made any moves in the shared bike sector.”

Hearing this, Pony appeared even more excited.

”In other words.”

”As long as we successfully seize this internet trend and establish a firm foothold to become the market leader.”

”Then this will be the first internet trend in Yan Country that Wang Mo failed to seize since the establishment of Junzi Group.”

After Pony finished speaking, others in the room nodded as well.

However, at this time, after taking a deep breath and forcibly suppressing the excitement in his heart, Pony slowly raised his own question; he was still somewhat worried about the shared bike sector.

”However.”

”Wang Mo hasn’t made a move in the shared bike sector yet, is it because he thinks this market won’t succeed, just like the previous online cafeteria?”

”Will shared bikes end up failing in the end?”

This time, just after Pony finished speaking, Ma Liuyun stood up directly and shook his head frantically.

”Impossible, absolutely impossible.”

”This time, I have conducted various detailed investigations.”

”You have to know, previously Hello Bike has already been successfully operating in many cities, and the daily usage count and frequency are quite high.”

”Although many first and second-tier cities have only had shared bikes for the past two days.”

”But in third and fourth-tier cities, I went to see it personally, and shared bikes have already become a brand-new way of travel.”

Speaking of this, Ma Liuyun took a deep breath.

”Shared bikes are definitely a brand-new trend with huge influence.”

”Wang Mo might have misjudged, or perhaps he hasn’t discovered the potential of this field yet, but shared bikes absolutely cannot fail like our previous online cafeteria.”

”I can even say this.”

Ma Liuyun paused.

”If my judgment this time is wrong and there is no potential in the shared bike sector, then I am willing to resign from my position as Vice President of Penguin.”

Hearing these words from Ma Liuyun, everyone in the room was somewhat surprised.

Because of the successive failures during this period, they had temporarily forgotten that the young man in front of them had long been hailed as Pony’s successor, and his various investments and judgments on trends had been incomparably accurate in the past.

If it weren’t for Wang Mo, I’m afraid Ma Liuyun would be one of the brightest new stars in the current Yan Country internet industry.

It’s just a pity that because Wang Mo’s existence was too dazzling, it made the others in Penguin Group temporarily forget that the young man in front of them also had equally exaggerated capabilities.

Originally, before this, many people in the room still had a last shred of worry about the potential of shared bikes.

But Ma Liuyun’s words allowed everyone to set their minds at ease.

A trend that could make Ma Liuyun bet his career on could absolutely not collapse.

And Pony also took a deep breath, nodding with a serious expression.

”Good.”

”I believe you.”

”Prepare to enter the shared bike market.”

After this internal meeting at Penguin ended, Penguin Group also officially decided to prepare to break into the shared bike market.

In their view, the competition in the shared bike market should be like the previous group-buying and delivery field, a long-term tug-of-war.

But no one expected that the competition in the shared bike sector would end so quickly.

Chapter 215: Establishing Fist Studio, Officially Entering PC Gaming!

After the internal Penguin meeting ended, Penguin Group decided to go all out and enter this brand-new shared bike market.

Due to Penguin’s own scale being too large and having a lot of outside attention, Penguin’s movements were almost immediately noticed by many other internet companies outside.

Coupled with the information that Ali was also preparing to enter this trend, many other internet companies also keenly sensed this brand-new trend for a time.

Within a short period, both Ali Group and Penguin Group had made moves to enter the shared bike sector, which was enough to show that the potential of this field would definitely not be too low.

Otherwise, it would have been impossible to attract Double Ma to enter in such a short time.

Therefore, in the following days, other internet companies in Yan Country also had thoughts of preparing to enter the shared bike sector, and some had even begun to take action.

As for Hello Bike, which first discovered the potential of shared bikes, its development during this period remained quite rapid.

In the following few days, Hello Bike had already appeared in 40% of the cities and towns across the whole of Yan Country.

At this speed, I’m afraid it won’t be long before Hello Bike will be promoted nationwide.

However, facing the development of Hello Bike, Penguin Group and Ali Group were not too worried, because they knew what the biggest drawback of Hello Bike was.

In their view, such a small company was absolutely unable to bear the risks brought by deposit-free riding.

Not to mention that now, Hello Bike could no longer manage to refund all users’ deposits; they no longer had that much liquidity internally.

User deposits were actually the liquidity used by many small companies.

With Hello Bike developing so rapidly now, I’m afraid most of the funds came from user deposits.

Using the large amount of user deposits to invest in more bikes, which in turn brought in more new users, letting the deposits of more new users continue to cycle through the above process.

This kind of entrepreneurial method was actually quite common.

Many physical entrepreneurs even conducted their activities through this method.

And this technique, although it could allow a company to avoid accepting investment and have a continuous stream of new funds for development, also had an incomparably huge drawback.

That was.