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On the other side, Xu Mo had been chatting with Old Tang, the Director, for quite some time, explaining the situation of the Xu family.
After listening, Old Tang’s expression became very complicated.
The Tang family and the Xu family were not deeply connected; both had their own relationships. Old Tang didn’t even know about the Xu family having an adopted son.
Now, after hearing Xu Mo explain everything, she didn’t feel it appropriate to express too many opinions.
“If you want to move your household registration, that’s possible! If needed, I can even go to the Xu family with your Uncle Zhao to talk. It’s not a big deal as you described, they should agree!”
Upon hearing this, Xu Mo nodded.
“Since you’ve earned quite a bit of money, when you go back, bring along more people to talk to them, try to bring back more cars!” Tang Jingyi suggested, “Although the Xu family isn’t short of money or cars, it’s still good to have some cars for appearances!”
Xu Mo smiled, “I was thinking exactly the same!”
“Of course, it’s best not to get too intense. If it can be resolved peacefully, then do so. You’re a child with ideas and courage, you should know how to handle this! If you handle it well, and if you want to move into our Tang family, there won’t be any problem!” Tang Jingyi chuckled.
Upon hearing this, Xu Mo couldn’t help but feel grateful.
But it wasn’t the time to go to the Xu family yet. According to Old Tang, Xie Bingyan and the others had viral influenza, and it would probably take five or six days for them to fully recover. He would wait for them to recover before going over.
He didn’t have much nostalgia for the Xu family anymore. He figured they probably didn’t miss him either. Moving his household registration shouldn’t be too much trouble.
As for bringing back a few cars for appearances…
That could be arranged. Even if it was just to annoy them a little.
“Alright! Since you understand, I won’t say much more! Uncle Zhao and I both have high hopes for you. You kids are truly outstanding! As long as you stay steady, the future is limitless!” Tang Jingyi smiled.
In fact, besides Xu Mo, she also quite liked Gu Huanxi. During this time, she had been trying to persuade Gu Huanxi to become her adopted daughter.
She wondered if Gu Huanxi would agree.
Xu Mo didn’t say much and went back with her.
Over the next two days, Xu Mo remained very busy. Many bicycles were delivered and needed to be distributed and arranged.
It seemed that because Xu Mo attended a meeting with Zhou Shiming, the concept of the Web-based sharing economy gained more attention. Several articles were even published in the Xiahai City Economic Times.
With more money in hand, Xu Mo was not stingy. He contacted the advertising departments of several major websites and continued to invest in advertising and promotion.
As Xu Mo’s main business was in the vicinity of Xiahai City, the advertisements were temporarily placed there. With a large amount of capital investment, the number of users began to increase sharply.
Now the company had nearly 150,000 users.
With the increase in users, the company’s next steps could begin.
“There’s a lot of deposits collected from users. We can’t just let it sit idle in the bank! Our company isn’t just a bike-sharing company, but rather a new type of financial company!”
“We need to understand this concept!”
Xu Mo convened Tang Lei and the other three to start a meeting, discussing the company’s investment plans.
“The money we’ve got needs to be invested, to generate profits and interest! I’ve analyzed the industries that are likely to benefit from investment at the moment, and real estate is definitely a huge profit point! Considering that our current funds are not very substantial, I’ve decided to allocate ten million to invest in several shops!”
“Directly purchasing shops?” Tang Lei was surprised.
“Yes! Directly purchasing. I plan to use five million to acquire one shop, and initially buy two. If our funds are sufficient later on, we can buy land!” Xu Mo said. “In the future, we might face setbacks and competition, so we need to own our own real estate!”
Gu Huanxi couldn’t help but smile, “Xu Mo, our funds are not enough to tap into the market in Beijing! Beijing needs at least 400,000 bicycles. Just for investment, we probably need at least 120 million!”
“Tapping into the market in Beijing, we can take it slow, no rush! We can develop and invest at the same time. With Xiahai City as our foundation, the development in Beijing will be rapid! I estimate we still have about three months of a grace period!” Xu Mo chuckled.
“I think we don’t even have three months, maybe just two!” Tang Lei laughed. “Some people have already started projects! They’ll soon introduce their own bikes!”
“Even so, we’re still far ahead. We have those three months! “
Xu Mo said, “With these three months of grace period, it’s enough for us to expand into the Beijing market and to develop ourselves! Now, I need to give you a heads up. The bike-sharing industry will face intense competition in the future, and with our strength, it’s almost impossible to dominate the industry! There are many real problems that bike-sharing faces and cannot be solved. What we need to do is to make the most of these few months of grace period, to grow and expand, and to earn enough for our first pot of gold!
“My plan is that each of us should earn at least five hundred million!”
“Five hundred million?” Li Banzhuang widened her beautiful eyes.
Tang Lei and Gu Huanxi were speechless.
Xu Mo chuckled, “That’s right! At least five hundred million. That’s our first pot of gold. Once we’ve earned five hundred million, we need to consider transitioning! Next, I’ll talk to you about the industries and sectors we need to invest in the future. While we still have control over large deposits, we need to make the most of it to earn profits!”
“Xu Mo, your ambition is really big. Five hundred million, I dare not even think about it!” Tang Lei laughed.
“Only with big ambitions can we eat our fill! We can already start transitioning!” Xu Mo smiled.
Seeing his confident look, Gu Huanxi couldn’t help but nod.
During this period of operation, they had great trust in Xu Mo’s judgment. Without him, bike-sharing wouldn’t have developed so rapidly, and the sharing internet economy wouldn’t have started to rise.
Now, it seems that some people have started to do shared electric cars or shared power banks, and even shared children’s toys and similar things.
This concept has already caught fire on the internet.
It was Xu Mo who drove this concept, sparking countless discussions, and their bicycles have provided convenience to countless people.
So, when it comes to the industries Xu Mo wants to invest in, they have almost no doubts.
Xu Mo is very satisfied with their trust in him.
He is well aware that bike-sharing is just the first step. The real highlight comes with the investments that follow.
He still holds a large sum of deposits in hand with nowhere to spend it; he needs to allocate it.
Considering that the Xu family may strike at his bike-sharing project later, Xu Mo needs to make some covert investments and lay out his own industries.
“Have you seen the national policies? Urbanization will intensify in the future, with countless people moving into cities! Housing prices are steadily rising!”
“Some say they’ve reached their peak, but I’m telling you, we’re far from reaching the top because there will be more and more people buying houses in the cities in the future!”
“In real estate, we need heavy investment. Properties in Xiahai City, properties in Beijing, as long as we buy, we’ll profit!”
“Don’t be afraid of an economic collapse causing a drop in housing prices. It’s unlikely to happen within five years! We need to be the first in this area!”
“Secondly, invest in liquor, especially Maotai. I predict that Maotai will enter a golden period of development in the next few years. Maotai is already showing signs of financialization, so we can make some small investments!”
“Thirdly, mobile app development and the rise of mobile games! This year, the development of web games has been very fast, leading many people to start investing in web games. However, web games are just the beginning. The next step is mobile games!”
“I can predict that in the next ten years, mobile games will enter a golden period of development. Some gaming companies will develop rapidly, making several billion or even tens of billions without any problem! We can make medium-sized investments!”
“There are other investments too, and I’ll slowly analyze them for you. In summary, we need to start investing a portion of our money…”
The Little Monster Company has accumulated quite a bit, and they can now boldly make some investments without worrying about the funding chain breaking.
Bike-sharing has just begun to rise, so there won’t be any problems in the short term.
Adhering to the principle of not putting all eggs in one basket, Xu Mo’s investments will be diversified.
The key projects he outlined totaled seven or eight, with each project receiving some allocation.
Tang Lei and the others naturally had no objections to his plan, so the investments were easily approved and put into action.
In fact, Xu Mo even established a small investment company called “Fenqing,” specifically to manage investment funds.
It seemed that Xu Mo’s actions immediately attracted the attention of many people.
In fact, during this period, many people were paying attention to the gameplay of this new financial model, the sharing economy.
They were particularly concerned about how Little Monster Bike handled the large amount of deposits it collected.
What is a deposit? A deposit is an investment, it’s an asset. A hundred or even a few thousand yuan of deposit might not seem like much, but if it’s billions or tens of billions of funds, it will create waves like a tsunami.
Any investor cannot ignore the impact of such a huge amount of capital!