I Have 10 Trillion Dollars only Usable For Simping-Chapter 75 - Speaker 075

75: Speaker 075

75: Speaker 075

“Not bad,”

the professor said with a nod and a smile.

“So, what do you think, who will win the throne of the martial arts alliance leader in the future?”

Although the professor’s humor was entertaining, faced with this question, no one dared to answer hastily.

Even though Dongda is a top-tier domestic university, everyone in attendance is still just a student.

It is one thing to discuss theories on paper, but quite another to predict the rise and fall of two internet giants.

Even economists might not dare to spout nonsense, let alone these students.

“Take a seat first,”

Not wanting to embarrass the students, the professor gestured for them to sit down before asking, “Who knows what the essence of the internet is?”

At that question, all students started conjuring up their own thoughts.

The question was simple, yet vague; even a middle school student could probably stand up and say a few words about it.

One after another, students stood up to spout seemingly logical but clichéd explanations.

“Does anyone else have any different ideas?”

Li Shuru subconsciously looked towards the young man beside her.

As far as she knew, he was not only a well-known bootlicker but also an exceptional student.

“Aren’t you going to share your thoughts?”

She suddenly became curious about this young man’s other aspects.

This was also why she chose to come for a “study session” today.

“Yeah, say something,”

Luo Peng chimed in.

“Forget it, I don’t have much to say,”

Jiang Chen shook his head.

Seeing Li Shuru appear slightly disappointed, Luo Peng, without a care or enough preparation from Jiang Chen, grabbed his arm and raised it.

Jiang Chen’s face changed, and he quickly tried to pull his hand back, but it was already too late.

“That young man.”

The professor had already noticed him.

“Go for it!”

Luo Peng winked at him.

Everyone instinctively turned their heads to see it was Jiang Chen, and all were suddenly energized, starting to whisper among themselves.

The professor noticed something and looked at Jiang Chen with added curiosity.

With no way out, Jiang Chen could only stand up stiffly.

“What’s your name?”

“Jiang Chen.”

“You’re Jiang Chen?”

The professor seemed to have heard the name before.

Jiang Chen forced a smile and nodded his head.

The professor’s expression became a few degrees kinder.

He had indeed heard the name; not for the reputation of being a lickspittle but, like any school leader, he had paid some attention to the handful of outstanding students within the school.

“Share your thoughts.”

Eyes from all directions focused on him.

What was crucial was this.

Li Shuru was still sitting beside him.

With no other choice and feeling like he was pushed onto Liangshan, Jiang Chen opened his mouth and said, “The essence of the internet has already been discussed by my classmates, so I won’t go into that again.

As for the logic of domestic internet companies, I do have some personal views.”

“Let’s hear it.”

“To sum it up, it’s two words: burning money.”

As soon as these words were spoken, the whole room burst into an uproar!

This was Professor Xiao’s classroom, sacred and solemn—how could one speak so shallowly, even vulgarly?

The middle-aged professor with a certain reputation within the country gestured with his hand for silence, then looked at Jiang Chen with meaningful eyes.

“Continue.”

Jiang Chen was never the introverted type.

With no other option, he spoke frankly, “Over the past decade, there have been eight major spending wars domestically.

The first was the thousand-group war, where the Yellowshirt Army led 5,000 group-buy websites in a frenzy of subsidies.

Roast duck for one yuan, grand meals for ten, it was common, and consumers could hardly believe this pie falling from the sky.

But with the arrival of the capital winter the next year, ninety-nine percent of group-buy platforms exhausted themselves to death.

The Yellowshirt Army, on the brink of death, received last-minute investment from Ali and survived.

Since then, they have dominated the market.”

“The second was the e-commerce war.

JD announced a zero-profit policy on large appliances for three years, targeting offline outlets.

Other appliance giants quickly joined the fray.

This war changed the online consumption concept for the Chinese people, leading to explosive growth in the e-commerce market, and unexpectedly ended with a happy outcome for all parties involved.”

Then the online travel OTA war began, with Ctrip, Elong, and Qunar fighting incessantly, spending billions in subsidies.

In the end, both Elong and Qunar, struggling to survive, surrendered to Ctrip.

The victor, Ctrip, battered and bruised, had to sell itself to Baidu to keep going.

This battle had no winners.”

“The fourth was the ride-hailing war, with Didi backed by Tencent, throwing money at taxi red packets; fast rides and Uber quickly joined the battle.

The three giants burned through thirty billion in two years, at one point making taxis cheaper than buses.

The nation enjoyed this feast of cheap rides, even the elderly going to the market by taxi.

Two years later, the bloodied giants shook hands and agreed to merge under the matchmaker of capital, and since then, Didi has been a super monopoly, dominating the world, cornering ninety percent of the travel market share.”

The entire auditorium of more than two hundred people was almost as quiet as the grave, with only Jiang Chen’s voice echoing steadily.

Ai Qian looked down, barely catching her breath, unwilling to glance at that exuberant face.

Once upon a time, it was this very charisma that had attracted her to Jiang Chen, but she didn’t know when she had started to forget appreciating his merits.

Professor Xiao listened with relish.

“The fifth was the food delivery war.

After receiving a billion-level investment, Baazuo led the food delivery market, but soon after, Ali, the Yellowshirts, and Baidu joined the battle; the four giants waged a fierce subsidy tug-of-war…”

From food delivery to new retail, to shared bikes, Jiang Chen peeled off the layers, recounting the stories as if they were treasures from his own home.

Li Shuru knew these things, as did everyone else—they were all witnesses. freewёbnoνel.com

But being able to articulate them smoothly and in one breath was a different matter.

Li Shuru raised her head slightly, looking up at the young man next to her who seemed to exude an air of confidence and vigor.

If it weren’t for his reputation as a lickspittle, such a guy should be quite popular, right?

“The eighth,” he said coldly, “was the billion-dollar subsidy war targeting the rising e-commerce star, Pinduoduo.

They rose rapidly with their ‘slash one knife’ strategy, tapping into the lower market and reshuffling the long-stable e-commerce players.

The other two industry giants couldn’t sit still and launched special versions targeting Pinduoduo.

The three giants’ real gold and silver billion-dollar subsidies blasted away during ‘618’ and ‘Double 11’, and the fight is still unresolved.”

Jiang Chen became cooler as he talked.

“These eight wars, each burned a prodigious wealth, yet this evaporation of wealth became the driving force for social progress.

So, we don’t need to care about who will win or lose in the future.

Looking back at history, even if there are temporary victors, this war will never stop because social progress will never halt.”

“Clap clap clap…”

In the silence, Professor Xiao was the first to applaud.

From a single point to the whole.

The clapping started sparsely and gradually swelled to a roar like thunder.