The morning meeting lasted until more than eleven o'clock.

Others left one after another. Sun Tao was waiting at the door as Li Dong left.

Seeing Li Dong come out, Sun Tao said with a smile, "go out to eat together?"

Li Dong nodded his head and said, "let's go together."

They chatted and went downstairs.

Li Dong and Sun Tao usually eat more in the company at noon, and they also have designated hotels.

After entering the hotel, the boss quickly said with a smile: "Mr. Li, Mr. Sun, is it still the old rule at noon?"

Li Dong nodded and went into the box with Sun Tao.

After sitting for a while, the boss came in with the teapot in his hand and said with a smile, "Mr. Li, Mr. Sun, Mao Feng just arrived in front of the Ming Dynasty. Have a try?"

Li Dong nodded with a smile. After the boss poured the tea, he took a sip at will. Then he said, "good tea!"

The boss cheerfully modest a few words, although understand Li Dong is mostly polite words, but still very satisfied out of the box.

As soon as he left, Li Dong talked about the business and said, "what do you think about the subsidiary?"

Sun Tao is looking for Li Dong just for this. Seeing Li Dong mention it himself, he thought for a while and said, "I feel you are a little anxious."

"Don't you agree?"

Sun Tao shook his head and said, "it's not that I don't agree, it's just that it's too fast. The mall has just been launched and has not yet made a profit, and its balance of payments can not be maintained. Now, setting up a subsidiary at this time will do more harm than good. "

Li Dong was not in a hurry. He asked with a smile, "how do you say that?"

Because he was not in the company, Sun Tao didn't hide it, and said directly: "I'll say two points. First, if the remote mall is separated and its finance is independent, will the investment in the mall from afar change?"

Li Dong thought for a while and said, "I should not. Maybe I will increase my investment."

Sun Tao frowned and disagreed: "if so, what's the point of setting up a subsidiary? There is not much investment and no profit can be made in the short term. Setting up a team alone will only increase the expenditure. "

Li Dong said with a smile: "mainly to avoid risks."

"Risk aversion? Do you think the mall is a big risk? "

"It's hard to say, after all, it's the Internet industry. You and I don't really understand. During this period of time, I have studied many Internet enterprises. At the last moment, it is almost inevitable to go public, so I want to separate them in advance to save trouble in the future. "

Sun Tao thought about Li Dong's meaning carefully. After a long time, he was surprised and said, "do you want to be listed independently? What about the supermarket in the distance! "

In their eyes, listing is almost an inevitable move.

General enterprises to a certain extent, will operate listed.

Sun Tao had always thought this way before, and felt that Li Dong would definitely run a distant supermarket to be listed at a certain time.

But now listen to Li Dong's meaning, it seems to let the mall be listed independently, while the parent company of the distant supermarket still maintains its independent operation.

Li Dong said casually: "I'm not going to be listed in the distant supermarket. At least so far, I don't have this idea. What do you think?"

Sun Tao didn't know what to say for a while. Li Dong suddenly said this today, which made him feel at a loss.

After a long silence, Sun Tao said in a low voice: "I don't want to talk about this first. I still have a little doubt. How can the management team decide after the establishment of the subsidiary company?"

"I haven't decided yet. It's not a short time to split the mall. Let's talk about it then."

Sun Tao laughs bitterly. Let's talk about it when the time comes?

Although the subsidiary company is nominally under the jurisdiction of the parent company, it is actually highly independent and has its own management.

Now who is the management of the e-commerce department? It's Shen Qian. Shen Qian is in charge of a department in the company. Let her become the chairman of the subsidiary?

Sun Tao thinks this is very unreliable. It is a bit difficult for a developing company to be managed by Shen Xi.

But if it wasn't for Shen Xi, it would have been more troublesome.

The e-commerce department was almost built by Shen Xi. What would she think if someone else was in charge?

Painstakingly to do the mall, the result was picked peaches, who can be reconciled.

Therefore, Sun Tao thinks that it is very untimely to let the mall split up at this stage. Li Dong failed to give him a satisfactory answer to some of his points.

With a sigh, Sun Tao is helpless, but he doesn't know what to say.

After a while, the food came.

Li Dong and Sun Tao didn't drink either. They continued to talk while eating.

After a few words, Sun Tao raised a new topic and said, "have you heard about the time supermarket?"

"What era?"

"Times supermarket in southern Jiangsu."

Li Dong thought about it for a while and then asked, "do you mean the time is ready to sell?"

"Well, recently, China Resources, Wumart and Lianhua have been in constant contact with the management of the times and want to complete the merger and acquisition. Once the era is acquired, we may have some trouble in the future."

The era of Southern Jiangsu and Suguo are both the leaders in the retail industry, and Suguo has been acquired by China Resources.If the era is acquired by China Resources again, Southern Jiangsu will be run into a tin barrel by China Resources.

At this time, if the retail industry in southern Jiangsu is unified, there is almost no living space in the distance.

If it is acquired by the other two companies, the situation far away will not be much better.

Wumart is mainly engaged in the Beijing Tianjin area. Once the southern Jiangsu is opened, it will complete the strategic expansion and even open up the market in Jiangbei.

At present, the best result is that the times has been acquired by Lianhua, which is probably the smallest threat to the distance.

Li Dong pondered for a moment and recalled the memory in his mind.

For times supermarket, he is not very impressed. After all, he did not go out of Jiangbei in his previous life, nor did he know much about the retail industry in other regions.

However, Li Dong remembers clearly that he was not merged by any of the three companies in the final era.

Moreover, the current time supermarket has not yet been listed. Li Dong vaguely remembers that the time supermarket was listed in the second half of next year, and it was finally acquired by Lotte Mart after it was listed for some time.

In the early stage, Wumart should have the upper hand, and even announced to buy half of the shares of the times.

However, it should be Wumart that was investigated by the government and suspended trading for a long time, resulting in the inability to pay for the purchase and finally forced to stop buying time supermarket.

Thinking of this, Li Dong did not put it in his heart and said, "let them play, it has nothing to do with us."

Seeing this, Sun Tao said: "how can it not matter? Are you not preparing to march into southern Jiangsu from afar? Now mergers and acquisitions are very popular. If we can win the times supermarket, the strategic layout of Southern Jiangsu will be more than half completed. "

Li Dong almost choked on rice!

After coughing for a long time, Li Dong looked at Sun Tao in surprise and said, "are you sure you are not drunk?"

"I'm sure I'm awake," Sun Tao said with a dry smile

"Do you know what time supermarket is worth now?"

"About two billion."

Li Dong didn't have a good way: "so you said you were not drunk? I think you are drunk and confused. We are not as big as the times in the distance. What you want me to swallow up is beautiful. "

If possible, Li Dong is also willing to buy the times.

Time supermarket not only has layout in southern Jiangsu, but also has industrial layout in Shandong Province.

Once we can win the era, we will have a leap forward development from Jiangbei to the whole East China.

At present, China Resources is the dominant enterprise in the retail industry in East China. Other supermarkets and stores can only be subordinated to it, and far away is no exception.

Li Dong's biggest competitor in East China is China Resources, especially its Suguo, which is a hindrance to further march into southern Jiangsu.

Before Li Dong's idea is step by step, with the help of the influence of the mall, slowly nibble.

At present, these old brand retail business overlords have not paid attention to online. Li Dong's idea is to gradually encroach on the customer base of the younger generation with the help of the influence of distant shopping malls. In a short time, there should not be too much conflict with China Resources.

In addition, China Resources is not the only one. Other people are also happy to see themselves touch the tiger's buttocks. Li Dong is not afraid of being suppressed by the industry.

However, it all takes time. Despite the overbearing remarks made by Li Dong and Shen Xi, in fact, he is not quite sure.

Even if we can finally get out of Jiangbei, East China will not be able to dominate in a short period of time.

Li Dong doesn't know how long it will take for Li Dong to surpass the influence of China Resources in East China. Maybe he won't see hope in his life, which is not impossible.

Rebirth is not omnipotent. If he can lead a long way forward in the right direction, he can not guarantee that he will be invincible in the distance.

But now that Sun Tao mentioned it, Li Dong seems to have some hope again, which is very contradictory.

After thinking for a long time, before Sun Tao could speak, Li Dong said again: "the era of merger and acquisition is indeed a good move. Since you have said that, do you have any ideas?"

Sun Tao touched his nose and said in embarrassment, "that's not true, but I think I can try it."

"How to try? It's useless to say that we don't have money. What we need to do is a wholly-owned acquisition. Otherwise, the subsequent restructuring will be very troublesome. A wholly-owned acquisition will definitely cost a premium, and two billion is not enough. At least 2.5 billion yuan should be prepared, and cash acquisition is also necessary. Why do you think we should make the idea of the times

Sun Tao winked at Li Dong and said in a low voice, "Mr. Shen!"

"Fuck you!"

Li Dong did not have a good way: "I think you are really drunk, more than 2 billion, is Shen Xi able to decide?"

Sun Tao chuckled: "don't you want to see the distant annexation of the times? This is the invasion of Southern Jiangsu by local enterprises in Jiangbei. Jiangbei and Sunan have been old rivals for so many years. If we can annex the times, Du Shuji will have a light on his face, right? "

Li Dong curled his mouth and said, "it's beautiful to think of it. You are a white wolf with empty hands. You treat Secretary Du as a fool."If it were 100 million or 200 million yuan, Secretary Du would probably help him in the distance in order to crack down on his opponent.

Twenty or three billion yuan, this fund is too big. Unless Li Dong is his own son, or his son-in-law can't do it. Lao Du is not crazy enough.

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