Super Rich from Winning a Lottery-Chapter 385 - 259: Surrounded by Children

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Chapter 385: Chapter 259: Surrounded by Children

"Why should we bother getting involved in this mess? The competition among group-buying websites isn’t easy to settle, and entering now means burning a lot of money." Yi Anguo said with a smile.

"Moreover, we’ve already invested in Mituan and Dazhong Dianping; with them leading the charge, we just need to sit back and enjoy the show."

"But Mituan’s performance hasn’t been great; it seems like they’re retreating step by step now." Chen Xuejiao said, a bit puzzled.

"The territory they’ve established, the market they’ve expanded into, all are closing down, retreating entirely to third-tier cities."

Chen Xuejiao really couldn’t understand why Yi Anguo held Mituan and Dazhong Dianping in such high regard.

If she were honest with herself, Chen Xuejiao wasn’t optimistic about Mituan’s performance.

And Wang Xin, despite having multiple entrepreneurial experiences, has often failed, without any dazzling achievements.

This time, too, he’s been beaten by other group-buying websites, forced to withdraw from first- and second-tier city market competition, retreating to outer third-tier cities.

"Mituan’s withdrawal now is only temporary, aiming for a better comeback later." Yi Anguo explained.

"Although if he asks, we could definitely invest more money in him, but then we’d hold too many shares, which would make him passive."

"Wang Xin is already a seasoned entrepreneur; he has experienced multiple entrepreneurial failures, but those failures have given him precious experience."

"Though many people aren’t optimistic about him right now, I’m quite confident in him. I believe this venture will be successful, which is why I’m focusing my investment on him."

"Don’t be swayed by other group-buying websites that seem impressive, creating a buzz without a solid foundation."

"When they’ve burned through all their raised funds without achieving good results, their investors will start retreating, making it difficult for these websites to secure further funding."

"Ultimately, those group-buying websites are left with only one path, which is bankruptcy and closure, absconding with the funds."

"So right now, he’s focused on being stable; he must have realized that this group-buying war won’t end easily, and the true winner is the one who can last until the end."

"Having failed so many times before, Wang Xin surely doesn’t want to fail again this time, which is why he’s being extremely cautious and steady, showing remarkable patience."

Regarding investing in group-buying websites, Yi Anguo had long instructed Chen Xuejiao not to invest recklessly.

For those doomed-to-fail group-buying websites, Yi Anguo certainly wouldn’t invest in them; instead of investing in them, doing some charity and donating the money might at least earn a good reputation.

"Are you still going back tonight?" Chen Xuejiao asked reluctantly.

"I’ll spend the night with you!" Yi Anguo said with a bit of helplessness.

Recently, to play the role of a father in front of his son Guo Sian, Yi Anguo has been returning to sleep at the villa where Guo Sian lives.

As a result, though several women could understand and sympathize with him, there was inevitably some resentment.

Originally, with so many women, each didn’t even get a few turns a month, but this whole summer, almost two months, was cut short, how could anyone be comfortable with that?

After all, everyone was at an age when their needs were most intense.

Chen Xuejiao and Yi Anguo finally became a couple after much trial, but hadn’t enjoyed much love before she got pregnant.

A newly pregnant woman naturally hopes to be cared for by her man; even if intimacy isn’t possible, being held by her man while sleeping is a warm and comforting experience.

As for her son, a busy work excuse can be used casually.

With the advent of the mobile internet era, many internet companies have targeted mobile social software.

Previously, there was Mobile Feixin, followed by Leibus’s Meiliao; Jack Ma isn’t lagging behind and is also planning a grab in the mobile social space.

In the PC domain, the Penguin Company has long dominated the social software market, a large cake that nobody can shake.

However, in the mobile social software market, even though the Penguin Company has been planning and launched Mobile Penguin long ago,

it’s clear to everyone that Mobile Penguin doesn’t hold a dominant position in mobile social software. 𝗳𝚛𝗲𝕖𝚠𝚎𝚋𝗻𝗼𝕧𝗲𝐥.𝚌𝚘𝐦

At least Mobile Feixin has demonstrated this point.

Internet giants like Xinglang Company, Sogou, NetEase, and Baidu are all looking to enter and compete in the mobile social software market.

No one is foolish; everyone can see that Penguin Company’s current success, with a market value of hundreds of billions of US Dollars, continuing to rise, is primarily because its chat software controls vast internet traffic.

The future mobile internet market will be the same; whoever can control this traffic will remain undefeated.

Penguin Company is currently besieged on all sides, but its founder, Ma Huateng, has a very tough temperament; open to all comers, he’s making enemies everywhere, looking to venture into gaming, film and entertainment, video sites, music sites, literature sites, microblogs, and even the antivirus software market.