Takeaway has long been integrated into people’s lives, but all kinds of illegal riding by takeaway brothers have also been criticized. Retrograde, running red lights, speeding and other behaviors have brought about continuous accidents. Recently, Meituan, an outsourcing company in Gaocheng District, Shijiazhuang City, re-signed the contract for dozens of takeaway brothers. In the eyes of most riders, this contract has many unreasonable points, and the riders have come forward to analyze the problems existing in the industry: some regulations make them lack safety protection, and some situations are helpless…

　　Text/Picture Yan Zhao Evening News reporter Nankai University Yu

　　[Event]

　　Signing a new contract, most delivery riders are not satisfied

　　On September 25, the company asked us to sign a new contract, but many of our riders thought that this contract was unreasonable and did not pay attention to the protection of the riders. But if we don’t sign the contract, we will be fired. Many riders have no choice but to sign the contract, but they are very dissatisfied and hope that the reporter will pay attention… "

　　During the National Day holiday, this newspaper’s 24-hour news hotline received a news tip. Through the phone, the reporter communicated with the lead person, Han Bing. He was a rider. During the period when the unit asked for a contract, he was recuperating due to an injury at work. As a result, on October 1, the rider, who had been working for more than a year, was directly cancelled by the company without knowing it.

　　What kind of new contract is it that causes the dissatisfaction of the delivery brothers? On October 8, the reporter came to the People’s Square of Gaocheng District as scheduled. When he heard that the reporter was coming, nearly 20 local Meituan delivery riders gathered at the scene. "We all want to reflect our views on the contract. Under such a contract, we run orders in the wind and rain, but we are very unsure and insecure." A rider said.

　　According to Han Bing, Meituan takeout in the central area of Gaocheng District was contracted to this outsourcing company. They had a total of 40 or 50 riders here, most of whom were full-time delivery guys, and there were also a few part-time workers. In late September, the company came up with a contract and asked all riders to sign it as soon as possible, but everyone had opinions on several items of the contract, but if they didn’t sign it, the result was dismissal.

　　First of all, everyone has an opinion on the paragraph at the beginning of this labor contract. In the contract, the company is Party A, and the delivery brother is Party B. It states that "both parties A and B have reached an equal agreement and voluntarily sign this labor contract, and jointly abide by the terms listed." Mr. Rider Wu said that before the contract was sent to everyone, no one knew about it, let alone the contents of the contract, let alone equal consensus. If you don’t sign it, you will be fired, so in order to make a living, everyone has no choice but to sign it.

　　Secondly, the contract requires a lot of riders. In terms of the duration of the labor contract, although it is signed for 6 months, the contract states: "Party A can terminate the labor relationship with Party B in advance according to business needs and Party B’s performance." Some riders said bluntly: "What is the difference between signing such a contract and not signing it? The company can terminate the labor relationship at any time according to the situation, so what guarantee do we have?"

　　The contract also includes the following clause: "Party A will insure Party B with employer liability insurance and commercial insurance during the contract period." It seems to protect the riders’ rights and interests, but the riders said that the company deducts 45 yuan per month from their wages, saying that the unit will pay another part of the money, and then buy insurance for everyone. But the riders said that they still do not know what insurance is on, and have never seen an insurance contract, let alone signed an insurance contract.

　　[Helpless]

　　The injury has not healed, and some rider accounts have been cancelled by the company

　　The terms of the contract made many riders feel insecure, but the company kept urging everyone to sign, but most of them signed. But Han Bing and the other two riders had their rider accounts cancelled because they didn’t sign, so they couldn’t take orders and were fired by the company.

　　The accounts of the riders were cancelled by Han Bing and Mr. Hou, but Han Bing fell to avoid other trams at the start of construction in early September, and his left hand was pressed on the broken glass on the ground and sewed. During this time, Han Bing has been recuperating and recovering. "On October 1, I went to a meeting as usual and learned about the signing of the contract. At that time, I told the unit that my hand still needs to be raised for two days. I will take the contract back to take a look first, and bring the contract back after signing it. Who knew that after finishing in the morning, I found that my account was cancelled by the unit in the evening." Han Bing said.

　　The same thing happened to Mr. Hou, a rider who was hospitalized with bronchitis. "I injured my foot in September, and then I was hospitalized due to bronchitis. I didn’t bother to sign the contract during my sick leave. It was also on October 1 that I found out that my account was cancelled by the unit." Mr. Hou said.

　　In addition, the rider Mr. Du’s account was also cancelled. He rushed to the company to sign a contract, and the unit restored his account that afternoon, which saved his job.

　　On the afternoon of the 8th, the company’s webmaster Liu said that the two were fired because they were not working for a long time. The fired rider Han Bing said that the next step will be to apply to the labor arbitration department for arbitration.

　　[Voice]

　　Many practitioners violate traffic laws and injuries are commonplace

　　The Internet is full of news of illegal riding by takeaway riders, and there are many cases of traffic accidents caused by takeaway brothers who rush to deliver meals. In order to strengthen the traffic management of electric vehicles in the express delivery industry, the Traffic Administration of the Ministry of Public Security held a video conference of the national public security traffic control department in March this year, and issued a proposal to express delivery industry organizations and enterprises to strengthen the traffic management of electric vehicles.

　　Traffic violations such as red light running, retrograde driving, and speeding are common and disrupt urban traffic order. In this contract, there are special clauses to bind the delivery brother. The contract states that "Party B must abide by various national traffic regulations, laws, and rules when providing labor services. If there is any violation, Party B will bear the corresponding responsibility. (Special prohibition: not wearing a helmet, working under the influence of alcohol, driving a motorcycle without a license, retrograde driving, running a red light, rushing, speeding, etc.) "

　　Regarding this clause, the takeaway brothers have the most words. When it comes to traffic violations, the takeaway brothers are very helpless. "This industry does not have many requirements for academic qualifications, as long as you are willing to work hard, you can earn 4,000 or 5,000 yuan a month, but we earn hard-earned money!" Many takeaway brothers said that it is common for practitioners to be injured in collisions, and some people have been in traffic accidents, but the degree of injuries varies.

　　[Depth]

　　Self-analysis: The work system makes us insecure

　　The rider Xiao Zhang had been working for more than a year, and he said that he had not only bumped into an electric car, but also hit a car for food delivery, and that time he lost 2,800 yuan. Xiao Hou had hurt his foot while delivering food, Xiao Du had recently injured his knees, Xiao Wu had just injured his leg in August, and Xiao Han had also injured his hand while recovering from a work injury due to dodging a tram…

　　During the conversation, the reporter noticed that these takeaway brothers were injured because of the fast speed of the car during the delivery or the illegal riding in order to take a shortcut. Why must the delivery of takeout be speeding, retrograde or even running a red light? According to these riders, they have to run 500 orders a month to get a basic salary, and they can get 4 yuan for each order. Generally speaking, from 11:00 to 2:00 pm every day, and from 5:00 pm to 9:00 pm are the takeout peak, but these two periods are also the traffic peak. There are many cars on the road, and the signal light time is longer. Moreover, the order is more concentrated. " Take noon as an example, we send orders electronically, and the positions of the orders sent are different. Some orders have to run more than 4 kilometers, and often three or four orders are sent at the same time. "Xiao Han said that the company stipulates that the delivery time is within 30 minutes. If three orders are sent at the same time, all three orders must be delivered within half an hour. The food is picked up at different locations, and some people have to wait for a while to arrive at the restaurant. The three orders plus the three orders must be completed within half an hour. If there is a customer complaint after the time limit, 500 yuan will be deducted if the complaint is successful, so the time is very tight, and we have no choice but to ride quickly. Wait for less red lights or take shortcuts on the road.

　　According to the riders, the company often let everyone solve the accident by themselves, and even pay for it themselves. Although there are many injuries, if you are not hospitalized, you will rarely get insurance compensation. "So we usually endure minor injuries." These delivery guys said that from 6:30 in the morning to midnight, they can be seen on the streets. Whether it is windy, rainy or snowy, they cannot ask for leave in special weather. On several rainy days this summer, the delivery guys walked through tens of centimeters of water in the street to deliver food in the rain. Afterwards, many delivery guys’ trams broke down and everyone had to repair them at their own expense. These riders hope to be understood by everyone, and they look forward to more perfect rules and regulations for the delivery industry, so that the industry can be healthy, standardized and sustainable.

　　[Autohome Connected Travel] When we play racing games, the suggested driving route is projected on the track in novice mode. Generally, following this route can pass each corner without rushing out of the track. Today, this "novice mode" is applied to navigation by Autonavi.

　　It has been less than a month since Autonavi announced a new version of the map that supports Carplay function. Autonavi maps and Ali Damo Academy have released car AR navigation. Do you still remember the real-life navigation of Roewe MARVEL X? Click for details "AR function introduction, experience MARVEL X driver assistance system", if you were still short of AR navigation with a MARVEL X before, then in 1 month, you will only be short of AR navigation with a rearview mirror.

What needs does AR navigation solve?

　　Whether it is the real navigation displayed from the dashboard of MARVEL X or the "product" brought by Autonavi this time, most people will think that AR navigation is very cool, so what needs can it actually solve? Installation B only accounts for a small part of the proportion, and its fundamental significance is to solve the "understanding cost" in the process of using navigation.

　　To achieve AR navigation functions, the hardware needs to have image acquisition (camera), positioning (GPS positioning, gyroscope, inertial navigation), image recognition (chip, algorithm), navigation (lane-level navigation, road and traffic data). The core technology of AR navigation, image recognition, is developed by Autonavi in collaboration with Aridama Academy.

　　For a typical example, when driving at high speed, there are often vehicles that suddenly slow down or stop at the exit, which often leads to rear-end collisions. The reason is mostly to miss the exit or not confirm whether the current exit should go out. The function of AR navigation is to help the driver get on the right path through the real-life guide.

What can the AR navigation released by Autonavi do?

　　In addition to the above functions, with the help of image recognition technology to detect the car in front, when the intersection lights switch and the car leaves, the navigation will give the driver a voice prompt.

Hardware Carrier for AR Navigation

　　At present, the AR car navigation functions brought by Autonavi are basically auxiliary navigation, with some pre-collision and lane departure prompts attached, which is generally more practical. But this set of AR navigation needs to rely on a set of hardware as a carrier to show these functions. Similar to the LCD dashboard, multimedia display, and HUD head-up system used by MARVEL X can all become AR navigation carriers, but these hardware need to rely on the entire vehicle manufacturer, so Autonavi chose a shortcut – smart rearview mirrors.

　　Don’t rush to scold the street! I know that most people are not optimistic about the product of smart rearview mirrors, but in Autonavi’s own words: we can’t take the PPT when we go to discuss cooperation with the OEM? In fact, smart rearview mirrors are hardware that integrates cameras, chip computing, and display screens and can be quickly landed. Low threshold is the biggest feature, so Autonavi chose the smart rearview mirror in cooperation with China Mobile to make this set of AR navigation "landing".

　　From the actual experience, there is no problem with the AR navigation function itself, and the auxiliary effect of combining voice broadcast on the driver is still very strong. But if you add the carrier – the smart rearview mirror, this feeling is a little sour. First of all, to use AR navigation, you must sacrifice the function of the inner rearview mirror itself, which is obviously not good for driving safety. Secondly, due to the problem of lens material, more serious reflective problems will also reduce the functionality of the AR navigation itself. In addition, the entire AR navigation is integrated in the small area of the inner rearview mirror, which greatly reduces the effect.

Write at the end:

　　It is understood that this smart rearview mirror that can use AR navigation will be in marketing activities in November, and more smart rearview mirrors will be equipped with this function thereafter. But in terms of experience, AR navigation presented on the central control screen and dashboard is the most anticipated. Of course, if it is not subject to configuration factors, HUD is the best choice. (Photo/Text Autohome Li Xiang)

Click here for details.

Recently, NIO disclosed its financial report for 2022. The NIO Xiaopeng ideal, which has always been compared by everyone, is inevitably used by the industry for financial competition. However, unexpectedly, NIO, which has always been the big brother in the new car manufacturing forces, has the highest revenue but more losses. In comparison, Xiaopeng and the ideal gross margin are slightly better.

Simply put, NIO lost 14.437 billion in 2022, an increase of 259.4% year-on-year; if calculated by the delivery volume of 122,486 vehicles last year, NIO will lose 117,800 yuan on average for every car sold. And you can also see that in the fourth quarter of last year, NIO’s gross profit margin fell to 3.9%, and the annual gross profit margin was only 10.4%. This data compares to the ideal 20% to know how low it is. In this case, does NIO have a future?

From its establishment in November 2014 to March 2023, NIO has experienced eight years. As the most powerful and reputable new energy vehicle company among many new car-making forces, Li Bin, the founder of NIO, is the founder of Yiche, the first overseas listed automotive Internet company in China. Before going public in 2018, NIO had received more than 2 billion US dollars in financing, and investors included Tencent, JD.com, Hillhouse, Hopu and other first-class institutions. In 2018, NIO successfully went public in the United States, with a financing scale of up to 960 million US dollars, making it the third largest financing scale among Chinese companies that went public in the United States that year. Although it encountered a capital chain crisis for more than a year after listing, and there was news of bankruptcy, NIO finally got 7 billion strategic investment through the assistance of Hefei state-owned assets, and got through the difficulties without danger.

First of all, NIO’s substation is one of the important factors of its loss. In the early days of NIO’s establishment, its substation model was regarded by many as its unique selling point, but now, this model has become a burden. It is reported that NIO currently has more than 140 substation, and each substation costs more than 10 million yuan to build. Although this has improved the user experience and brand value, NIO needs to bear huge pressure.

Secondly, as cost growth far outpaced revenue growth, NIO’s gross margin fell sharply. The higher the gross margin, the stronger the profitability and competitive advantage of the company’s products. And NIO’s automotive gross margin suddenly fell from 20.9% to 6.8% in the fourth quarter of 2022, which led to a loss. If we ask the reason for the low gross margin, we can find that the reasons are inventory reserves, accelerated depreciation of production equipment, loss of purchase commitments, and rising battery costs.

In addition to profit pressure, the other end of the deficit isR & DCost. In 2022, NIO’s R & D expenses were 10.836 billion yuan, an increase of 136.0% year-on-year.…At the same time, selling, general and administrative expenses were 10.537 billion yuan, an increase of 53.2% year-on-year. From this point of view, R & D expenses almost doubled, which was the main reason for the increase in expenses, while high sales, general expenses and administrative expenses also contributed to the loss.

Responsible editor:

　　As an important supporting regulation to deepen the reform of the taxi industry, yesterday, the Ministry of Transport announced the newly revised "Regulations on the Management of the Qualifications of Taxi Drivers" and "Regulations on the Management of Tour Taxi Business Services". The two regulations make it clear that whether it is a traditional cruise taxi driver or an online taxi booking driver, they must pass the national public subject and regional subject examinations to obtain a qualification certificate, and be registered with the taxi administrative department before they can engage in taxi passenger transportation services. The two regulations will come into force on October 1 and November 1 this year respectively.

　　Provisions on the management of professional qualifications

　　keyword

　　exam

　　Divided into public subjects and regional subjects

　　Beijing Morning Post reporter found that the revised "taxi driver qualification management regulations" on the scope of application has been clear, taxi driver qualifications include cruise taxi driver qualifications and online booking taxi driver qualifications, and combined with the characteristics of the new business model of the network about the car, the driver conditions, test content, certificate category, registration management, further education and legal responsibility and other aspects of the corresponding adaptation.

　　The "Regulations" make it clear that the Ministry of Transport is responsible for guiding the management of the national taxi driver qualification. The taxi driver qualification examination includes the national public subject and regional subject examinations.

　　The regional subject examination for the qualification of cruise taxi drivers is a knowledge test with regional service characteristics such as local taxi policies and regulations, operating regional human geography and traffic routes; the regional subject examination for the qualification of online taxi drivers is a knowledge test with regional specifications such as local taxi policies and regulations.

　　keyword

　　driver

　　3 years of driving experience and no drunk driving record

　　For drivers who apply to participate in the taxi driver qualification examination, the "Regulations" also make it clear that they must obtain a motor vehicle driver’s license of the corresponding approved driving type and have more than 3 years of driving experience; no traffic accident crime, dangerous driving crime record, no drug use record, no driving record after drinking, and no 12-point record has been recorded in 3 consecutive scoring periods recently. At the same time, no violent criminal record, and other conditions stipulated by the city people’s government are required. Only if the above conditions are met can they register for the exam with relevant materials.

　　In addition, only taxi drivers who have obtained the qualification certificate can engage in taxi passenger transportation services after registering with the qualification of the taxi administrative department. The valid period of registration of the qualification of taxi drivers is 3 years.

　　If you have obtained the qualification certificate for more than 3 years and have not applied for registration, you need to complete no less than 27 hours of further education before starting the job after registration.

　　keyword

　　accountability

　　The maximum penalty for operating without a license is 30,000 yuan

　　The "Regulations" also make it clear that for drivers, there are acts such as dumping passengers on the way or deliberately detouring; not carrying road transportation certificates and professional qualification certificates in accordance with regulations; cruise taxi drivers refusing to carry, or without the consent of the driver or passengers, online booking taxi drivers failing to arrive at the agreed location to provide reservation services without justifiable reasons; carrying other passengers without the consent of passengers; cruise taxi drivers not using metering equipment in accordance with regulations, illegal charging or online booking taxi drivers illegal charging; retaliation against passengers who report, complain about the quality of their services or make unsatisfactory evaluations of their services, and if the behavior is serious, the registration will be postponed, ordered to make corrections, and a fine of more than 200 yuan and less than 2,000 yuan will be imposed.

　　Those who fail to obtain the qualification certificate or exceed the scope of the qualification certificate and drive a taxi to engage in business activities; those who use an invalid, forged or altered qualification certificate to drive a taxi to engage in business activities; those who lend, rent or alter the qualification certificate shall be fined not less than 10,000 yuan but not more than 30,000 yuan; if a crime is constituted, criminal responsibility shall be investigated according to law.

　　For enterprises, in violation of these Provisions, employing personnel who have not obtained a qualification certificate and driving a taxi to engage in business activities, they will be ordered to make corrections and fined not less than 5,000 yuan 10,000 yuan; if the circumstances are serious, they will be fined not less than 10,000 yuan but not more than 30,000 yuan.

　　In addition, it is worth noting that these "Regulations" also put forward clear requirements for the taxi administrative department and staff, failing to organize the professional qualification examination and issue the professional qualification certificate according to the prescribed conditions, procedures and deadlines; discovering illegal acts that are not promptly investigated and punished; soliciting, accepting other people’s property and making other improper benefits, the directly responsible person in charge and other directly responsible personnel will be given administrative sanctions according to law; if a crime is constituted, criminal responsibility will be investigated according to law.

　　■ Follow-up

　　Why manage ride-hailing drivers?

　　The Ministry of Transport said that whether it is online car-hailing or cruise cars, it provides universal passenger transportation services for the public, and the driver is subject to access management according to law, which is the bottom line requirement of the industry management department to ensure transportation safety and service quality.

　　In what aspects have the characteristics of online car-hailing been considered?

　　In the revision of the "Regulations on the Administration of Taxi Driver Qualifications", the characteristics of online car-hailing are fully considered, and through "tailor-made" system design and management innovation, we actively support the standardized development of new business models. For example, compared with cruise car drivers, the content of the online car-hailing driver test is minimized, and its registration and cancellation are stipulated, which can be completed by the platform company reporting to the taxi administrative department where the issuing authority is located.

　　Regulations on the Administration of Cruise Taxi

　　"Molecular money" should be adjusted in time

　　According to the "Guiding Opinions on Deepening Reform and Promoting the Healthy Development of the Taxi Industry" and the "Interim Measures for the Management of Online Booking Taxi Business Services" issued, the revised "Regulations on the Management of Cruise Taxi Business Services" adjusted the scope of application, and made a series of provisions on the positioning of the taxi industry, the distribution of interests between operators and drivers, etc. It is clear that taxis are an integral part of the urban comprehensive transportation system, a supplement to urban public transportation, and provide personalized transportation services for the public. The development of cruise taxis should be in line with the economic and social development of the city, and coordinated with the development of passenger transportation service methods such as public transportation. By clarifying the development orientation, efforts should be made to build a diversified and differentiated urban comprehensive transportation service system to better meet the travel needs of the people.

　　In response to the "part money" problem of taxis, cruise taxi operators are required to adjust the contract fee standards or quota tasks in a timely manner according to factors such as operating costs and changes in freight rates, so as to better build a business model of shared operational risks and reasonable distribution of benefits between enterprises and drivers, and accelerate the transformation and upgrading of traditional industries.

　　Background

　　The two provisions provide for the rule of law

　　In July this year, the Ministry of Transport issued the "Guiding Opinions on Deepening Reform and Promoting the Healthy Development of the Taxi Industry" and the "Interim Measures for the Management of Online Booking Taxi Business Services", as important supporting regulations for deepening the reform of the taxi industry. Yesterday, the Ministry of Transport issued the newly revised "Regulations on the Management of Taxi Drivers’ Qualifications" and "Regulations on the Management of Tour Taxi Business Services" and made relevant interpretations.

　　The Ministry of Transport said that the amendments to the two ministerial orders were solicited from local transportation authorities in early July this year, and will provide legal protection for promoting the transformation and upgrading of cruise cars, standardizing the operation of online car-hailing, and promoting the integrated development of new and old business models.

　　Writing in this edition

　　Beijing Morning Post reporter, Cao Jingrui

　　Movie Network News(Photo/Qian Jia’s memoir/Diao Zongrui) On July 17, Jackie Chan, who was filming "Kung Fu Dream" in Beijing, showed up at the China Conservatory of Music with members of Seven Xiaofu to participate in the summer internship activities of Hong Kong, Macao and Taiwan college students. On that day, Jackie Chan, who had not returned to campus for a long time, was very interested. Not only did he answer the questions of the students in the audience carefully, but he also exposed his poignant past and bluntly stated that his dying estate would be donated to charity and would not leave his son Jaycee Chan’s name.

Jackie Chan


Jackie Chan


New Seven Xiaofu Dance

Exposing that he was in the underworld as a child, he denounced unscrupulous media habits

　　In conversations with students, Jackie Chan did not shy away from his childhood misdeeds, and even called himself a very bad child. According to him, he had been fighting with Hong Jinbao since he was a child, and he did not read a good book. And the surrounding environment is quite complicated. "I am surrounded by the underworld, and they also asked me to participate in the sale of white powder." However, when it comes to choosing, Jackie Chan said that he always remembers his father’s teaching to him, "He told me not to join the underworld, not to take drugs, and not to gamble on Pai Gow." For the first two Jackie Chan kept in mind, but about "not to gamble on Pai Gow", he laughed and said that he was very puzzled at the beginning. Later, the experience of losing all my wealth overnight woke him up like a dream. Jackie Chan said he now says the same to Jaycee Chan, "except for these three, everything else can be done".

　　"I was really bad when I was young, so bad that I didn’t want to talk about it," he says, smiling about the shyness of the past. However, he also expresses his doubts about the professionalism of today’s media. "Now some media reporters listen to what you say. If you say the wrong thing, you will definitely be written to death. If the previous reporters thought that what we said and did was wrong, they would teach us that some things should not be said." In addition, Jackie Chan is also very dissatisfied with the behavior of some photojournalists who specialize in taking dew point photos.

Extras are also actors who "play dead" to rise to the top

　　As an extra actor, Stephen Chow was criticized by the director for his portrayal of a mischievous and immortal priest in "The King of Comedy", and then he got a kiss from Jackie Chan, a master of "playing dead". In fact, this scene is not fabricated, it is indeed Jackie Chan’s own personal experience. Speaking of his past when he first entered the martial arts industry, Jackie Chan said, "It is because of’good death ‘that he has a chance to rise to power." In Jackie Chan’s view, no matter what a person does, as long as he doesn’t give up, he will always be appreciated by others and get a chance, even if sweeping the street is no exception in his eyes. When he was an extra, he also pursued perfection. And it is this attitude of doing things that has created Wu Zhi, the youngest in the history of Hong Kong film, and established his status as an international superstar in the Chinese film industry.

He admitted that he would donate all his property on his deathbed and would not leave his name to Jaycee Chan

　　As an international superstar, Jackie Chan has done countless acts of kindness around the world. When it comes to the original intention of doing these things, he said that when he was 20 years old, he took 1 million out shopping. "At that time, he was like a nouveau riche. He bought a lot of things, and now the warehouse is full of waste. Everyone will think that I have helped others by doing charity. In fact, charity has taught me to be a person, and it has made me understand a lot of reasons and want to help more people."

　　Jackie Chan said he hoped that his bank account would be zero on the day of his death, and he did not want to see Jaycee and his wife or more people competing for inheritance. According to him, he gave half of his assets to a charitable foundation a decade ago. However, he also admitted that his wife is not working, and his son Jaycee is not capable, and he wants him to support him. Compared with the many dreams of his youth, Jackie Chan said that the only thing he wants to do now is to make a good show and be himself.

Directed by Wang Jiawei, the new drama "Flowers" starring Hu Ge, Ma Yili, Tang Yan, Xin Zhilei and others is currently being broadcast on Tencent Video. In order to present the drama perfectly, Wang Jiawei spent three years polishing the camera. Not only does it run through its own unique style in narrative, but it also repeatedly recalls actors who have already finished filming. To be honest, many viewers of Wang Jiawei’s TV series did not have high expectations this time. After all, the shooting process and narrative style of TV series and movies are completely different.

Moreover, compared to movies, the filming of TV series takes a long time, and it is completely too late to pick the shots one by one. The more popular directors and actors are often in a state of seamless integration, and the progress of normal filming TV series is too slow. "Flowers" is different, because it is directed by Wang Jiawei and Hu Ge is the main male lead, so the drama has attracted the attention of many industries and platforms from the beginning of filming. Wang Jiawei is also really persistent in the drama, and forcefully made the TV series into a movie.

Sure enough, this drama did not live up to the expectations of most audiences. Although Wang Jiawei’s fragmented narrative style did not meet the taste of the remote control audience, the online broadcast volume of "Flowers" was in the process of steady growth, and the popularity of Tencent in-app also exceeded the 30,000 mark. Tang Yan played Miss Wang with a full personality and a complete growth line. Xin Zhilei played Li Li, who was also bright and moving under the camera of Wang Jiawei, and there was a big gap with the previous image, stunning many viewers who came to follow the drama.

It can be said that when filming Wong Kar-wai’s plays, actors have the opportunity to leave their own life scenes and unlock another image of themselves, but this does not apply to actors in the rising stage and actors who have not yet stabilized their coffee positions. Because Wong Kar-wai’s seriousness and dedication to the play exceeds the image of all working actors, even a powerful faction like Hu Ge can’t stand Wong Kar-wai’s dedication to the play. Because in the past, movies were filmed, so actors in the TV drama circle did not have a real sense of Wong Kar-wai’s stream-of-consciousness shooting method.

For example, Liang Jiahui, he admitted in an interview that when he entered the group, the director only told him that the role he was going to play was Huang Yaoshi, and there was no script to tell him what to play and how to play it. So in the later shooting process, Liang Jiahui was in a kind of confusion about not knowing what to shoot. In addition to the stream of consciousness method of film shooting, Wong Kar-wai also has a lot of experience in fooling actors. In the early years of filming movies, Wong Kar-wai used his superior fooling skills to deceive many actors at the level of best actor.

For example, Tony Leung. Because he was a screenwriter in the early days, Wong Kar-wai wrote a high-quality suspense film script on the spot, and immediately won the actor Tony Leung. However, when he arrived at the filming location in Argentina, Leung Chaowei was told by the director that the role he was going to play was gay. The movie Leung Chaowei was fooled into making was "Spring", which was later enthusiastically sought after by most fans.

First of all, regardless of whether the behavior of fooling people is correct, the mere fact of editing a script to deceive the best actor proves that Wang Jiawei himself is a talented top PUA master. From this, it can be seen that Wang Jiawei’s personal style is quite distinct. This time, Wang Jiawei, who came to shoot a TV series, still adheres to the same set of principles of making movies. Hu Ge was driven crazy in the process of walking through the scenes again and again, and posted on social platforms: If I stop acting, will you still support me?

At that time, many netizens were wondering why Hu Ge’s mental state was so beautiful. All their questions were answered in interviews with the creators released one after another after the show was broadcast. It turned out that Hu Ge’s collapse came from Wang Jiawei’s strict requirements for actors to act. In an interview with the media, Hu Ge said: In his opinion, "Flower" is not just a crew, but more like Hengdian Film Academy. In addition, the entire filming cycle of "Flower" is very long, and the actors will experience a period of exhaustion in both physical and mental aspects.

It is precisely because the filming time of "Flowers" took a full three years, and the actors kept reworking and reshooting according to Wang Jiawei’s requirements, so Hu Ge felt physically and mentally exhausted. According to the cast member, Wang Jiawei’s understanding of the play is usually not on the same channel as the actors, so the actors can only rely on themselves to constantly grope. Before the director nods, the actors can only repeat the same scene, which is a stream of consciousness shooting method that really makes many actors collapse.

Because he had no idea what kind of effect Wong Kar-wai wanted to achieve, he could only keep repeating the same scene. Tony Leung broke the news that he ate 26 bowls of wonton noodles in a row during the filming of "In the Mood for Love". Liu Jialing also said in an interview that during the filming of "The True Story of Ah Fei", he wiped the floor 27 times in a row, and in the middle of the filming, several actors suddenly felt that they could not act. Therefore, when choosing the film and television works directed by Wong Kar-wai, actors should be more careful.

Dong Yong, a veteran artist who starred in "Flowers", also said: "I have always used the standards of old artists to demand myself, and the standard of" one pass "is the basic quality of old actors, but when it comes to Wang Jiawei, there is no" one pass "at all. Director Wang Jiawei keeps asking actors to reshoot clips that he is not satisfied with. There is even a scene that has not been filmed more than 30 times in a row. Later, the director called out and gave Dong Yong a break. Who knows that the first scene back to the crew after the holiday is still the last one.

From this, it can be seen that Wong Kar-wai has a strong sense of responsibility for the film and television works he directs. The truest reaction of actors nowadays is the state he pursues in the film venue. It is precisely because of this that Wong Kar-wai will hand over so many film and television works that satisfy fans. Although Wong Kar-wai has extremely high requirements for every frame of "Flower", it is precisely because of this rare persistence and dedication to the work that "Flower" will be so precious in the era of frequent bad movies.

It can be said that Flower, whether it is the texture of the picture or the design of light and shadow, is completely unlike a TV drama, and it can be said that it is a perfect work of art. In addition to the great shock of the picture to the audience, the three actresses of the play have also reached a new height of beauty, and even left their own life scenes. Tang Yan has successfully transformed with the play, and her acting has been recognized by the audience. Her image has subverted the inherent dress of silly and sweet in the past, and her portrayal of Miss Wang’s role has been affirmed by many audiences.

Although Tang Yan gave up many film and television invitations in the early stage because of the filming of "Flowers", it was not a loss, at least because she successfully got rid of the label of the idol school in this drama, and the resource rating will definitely be higher in the future. Xin Zhilei also attracted much attention because of her role as the bright and moving Li Li in the drama, and the follow-up bonus should not be underestimated.

As early as February 2018, Hengda officially established Ruichi Intelligent Vehicle Co., Ltd., and in June of the same year also invested in Faraday Future to enter the car manufacturing industry. But now that three years have passed, it is time to build a Nezha, right?

After a series of warm-ups, Schr?dinger’s Hengda car has really moved. Just in early November, the Hengchi 5 LX suddenly appeared on MIIT’s latest public list. Good guy, I didn’t expect that I would be able to wait until the day of Hengda’s mass production!

So the question ****** Hengchi 5 really energy-efficient? Does anyone really buy it? In other words, can Hengchi become a life-saving straw for Hengda Group? Today we will uncover Hengda’s car-making mystery.

Blue is better than blue

We mentioned in the "Jia Yueting" program before that in 2018, Hengda, which was just about to enter the market for new energy vehicles, was shut down. Less than half a year after investing in FF, the two sides parted ways due to equity and capital conflicts. Although Boss Xu was not good at starting out, through this investment, Director Xu of the workshop still gained something – successfully learned secret techniques of Boss Jia’s PPT car making secret skills.

After the official announcement of the car, Evergrande opened the model of "buy buy buy, close, circle, big, good", which is truly breathtaking.

What is buy buy buy? No electric drive system? buy! No hub motor technology? buy! In short, in the eyes of Boss Xu, problems that can be solved with money are not problems.

What is Hehe? Boss Xu personally visited 23 countries and visited 58 leaders in the automotive field, from the top 500 to the studio. If you can’t buy it, you can cooperate!

As a result, Hengda Haotao 24.90 billion used for the acquisition and research and development of core technologies of new energy vehicles worldwide.

With the technology, what about the land? What about the factory? Continue to buy! Buy land to build a factory, this Evergrande is more skilled.

Therefore, Hengda spent 22.50 billion yuan for factory construction, equipment procurement, etc. Now the main factories are concentrated in Guangzhou Nansha, Shanghai and Tianjin. So far, including technology research and development, Hengda has invested nearly 50 billion yuan.

In contrast, NIO, which also burned money and 50 billion in the same period, has three models officially offline for delivery by the end of 2020, and has laid its own charging network across the country.

And what did Hengda bring until now? Hengchi 1, Hengchi 2, Hengchi 3, Hengchi 4, Hengchi 5, Hengchi 6, Hengchi 7, Hengchi 8, Hengchi 9… conceptual graph of nine cars?

And not only is there no production car, but even the two staff members of the exhibition car participating in the event can lift it.

Ah? It can’t be this, can it?

Of course, Evergrande is also a bit reliable, such as Hengchi 5’s "birth permit". Eh, it seems to be about to expire.

After investing so much money, did Hengda’s PPT model make money?

Did the PPT car make money?

If you want to know whether the Hengda PPT car manufacturing model is profitable or not, let’s look at it from two aspects.

Let’s look at the stock price first. At the beginning of this year, Hengda Motor Hong Kong’s highest offer was HK $72.45/share, and the market value once exceeded HK $500 billion, second only to BYD.

Looking at the annual report, the 2020 financial report shows that Hengda Automobile has earned nearly 15.50 billion yuan based on the conceptual graph of several models after experiencing the mode of buying, buying and combining.

Good guy, if this wait until the model is mass-produced, why don’t you punch Tesla? Kick BYD?

But upon closer inspection, I still noticed something fishy.

It can be noted that more than 98% of Hengda’s revenue in 2020 comes from Hengda’s healthy income, and the real new energy vehicle revenue is only less than 200 million yuan.

Health Valley tried its best, brothers, please put the public screen in tears.

What about the stock price?

After the continuous bombardment of various negative news such as model car doors and industry people’s disapproval, Xinhua News Agency’s naming of false high stock prices, Hengda Automobile’s stock price has plummeted, and the stock price has fallen from 72 Hong Kong dollars/share to now hovering at 3 Hong Kong dollars/share, and the total market value has shrunk to less than 40 billion.

From 18 to 21, Hengda Automobile seemed to have made money, but it didn’t seem to.

Although the past few years seem to have been a waste of time, Hengda Automobile has still not reached the point of exhaustion, and in today’s debt crisis of Hengda Group, Hengda Automobile has become a life-saving straw for Hengda Group. So can Hengda Automobile bring Hengda Group back to life?

Children from poor families take charge early

As of the first half of this year, Hengda Group has 1.97 trillion yuan in debt. The real estate bubble burst, and the wealth management products thundered.

But now, it was no longer appropriate to describe Evergrande Group as tearing down the east wall and making up the west wall. Originally, he wanted to sell Hengda properties and Hengda’s automobile business, but in the end, he contacted several buyers to no avail. Boss Xu simply gave up and dedicated himself to building a car!

Hey, wait a minute, doesn’t Evergrande still rely on Health Valley and the Evergrande Group behind it to barely survive? Why do you have to go out to work to subsidize your family now?

As a result, Hengda sold the electric system transmission company e-Traction and wheel hub motor manufacturing company Protean Electric, clearance Hengteng, two rights issues in November, financing 3.20 billion Hong Kong dollars, even the old real estate sales scale is also planned from 700 billion yuan, compressed to 200 billion yuan in ten years, all funds and manpower concentrated in Tianjin factory to ensure the production of Hengchi 5.

It can be seen that Hengda is really determined to bet on Hengchi!

But does Hengchi 5 have the ability to help Hengda turn around? Is Xu Jiayin really so confident in Hengchi’s future?

We asked Dapeng, who knows cars best, to tell us.

First of all, Heng Chi 5 positioning A-class SUV, pricing 200,000 yuan or less. Meaning that in this price range, Heng Chi 5 to face is BYD Song Pro, Weimar EX5, Xiaopeng G3 this level of opponents, in my opinion, whether it is appearance, configuration, or performance and battery life, Heng Chi 5 want to front the just mentioned several cars, there is still a certain degree of difficulty.

As for how much confidence Xu Jiayin has in Hengchi’s future?, this is up to you, I will test the automatic parking 50 times first.

Hurry up and test, the factory manager will be back from a business trip soon.

Cough cough, getting down to business, is Xu Jiayin really so confident in Hengchi’s future?

First of all, over the past 18 years, Hengda has indeed invested a lot in automobiles, but it is not difficult to see that Xu Jiayin intends to give up his car to maintain his position.

Secondly, the current concentration of resources to ensure the smooth commissioning of Hengchi, a large part of the reason is that the production qualification of pure electric vehicles owned by the Tianjin factory is about to expire. And if a model has not completed mass production and entered the market before the expiration date, this qualification will also disappear with the wind.

It seems that Xu Jiayin is also struggling to ride a tiger now. If he has confidence, he will do it, but if he has no confidence, he will do it.

However, it is also understandable. After all, for Evergrande, the best thing to do now is to create a production car while the production qualification is still there, and renew the production qualification. After that, when the opportunity is ripe, the production qualification will be packaged and sold directly with the automobile business. In case the sales of Hengchi 5 are good, you can also take the opportunity to raise the price and sell a good price to repay the group’s debt and renew its life, killing two birds with one stone.

Boss Xu’s wishful thinking is really good.

Manuscript | Cui Qiuyang, Yin Heyan

Editing | Yin Heyan

Dubbing | Ryosuke Takahashi

　

Text | Blue Hole Business, Yu Weilin

Editing | Giorgio Lisa

In just one month, rumors of "ByteDance acquiring Ele.me" broke out twice.

In the latest version, Caijing quoted sources as saying that not only did it state that ByteDance’s bid was $7 billion – one of the points of disagreement between the two sides, but also that ByteDance only wanted the delivery team of Ele.me, while Ali wanted the word energy saving to undertake the entire Ele.me.

Although soon, the rumors were once again confirmed by both sides, the outside world believed that the "Schr?dinger’s acquisition" was only a layer of window paper away from the ground – "denial" was just a prescribed action in the negotiations between the two sides.

In the past two years, the local life battlefield has seen renewed waves due to Douyin’s disruption, with the store business performing traffic magic, but the home business has experienced ups and downs. Douyin’s local life is still in a state of "running through the process".

The low-hanging fruit has been picked, and moving forward is a tough battle with real swords and real guns. Meituan spent tens of billions of yuan to build the performance ability, and if Douyin wants to replicate it, he needs to invest several times more time and money. Buying Ele.me is the most cost-effective way, and it is also in line with Zhang Yiming’s usual style of "vigorously performing miracles".

Five years ago, Ali bought Ele.me for $9.50 billion; in the past few years, the decline is not only valuation, but also market share. Now Ele.me is almost reduced to a regional player, takeaway is a low-margin business, and it is difficult to make profits without scale effects. If Ali wants to stop losses in time, Douyin is the only potential buyer on the table.

If Douyin wants to be a "universal entrance", it is impossible to give up local life. But the question is, even if he eats Ele.me and completes the closed loop of local life, can he win Meituan? What Douyin lacks in local life is only the ground delivery team? What Ali + Ele.me couldn’t do in the past, can it be done by Douyin + Ele.me?

Just as Yu Yongfu said in his internal letter in 2021: "This is a protracted battle, a boxing match that has just begun. The process is destined to be long and cruel. Neither side can defeat the opponent, but can only fight for points."

The Infinity War of local life, even if the acquisition is completed, is far from the end.

Douyin Local Life: Good Night Yet to Come

In the past two years of the Douyin Meituan dispute, the outside world’s attention has focused on how Meituan defends the city, but it has ignored that Douyin’s battle for local life has not gone smoothly as imagined, and the traffic stick has also encountered "hard bones".

"Changing coaches" is the most obvious signal. In November 2023, Douyin publicly admitted that Pu Yanzi, the head of commercialization, will also serve as the head of life services business, and Zhu Shiyu, the original head, will be transferred. Pu Yanzi’s internal evaluation is that his style is pragmatic and he is good at solving complex problems.

Industry analysts "Zouma Finance" interpret that the role of the commercialization leader in Douyin is similar to that of Alimama to Ali, and it is the existence of the "God of Wealth". Pu Yanzi, who is more "important", can not only mobilize the commercial traffic of Douyin, but also the commercial traffic resources of almost all traffic-type products such as Jinri Toutiao and Watermelon Video in Douyin – this is the highest configuration that Douyin can give.

Douyin’s local life is far from a "good night". They need more resources and more fierce leaders. The core incentive is the failure of takeaway.

In June last year, according to the "LatePost" report, Douyin takeaway’s annual GMV target was reduced from 100 billion yuan to 5 billion yuan, which came to an "ankle cut". At the same time, the focus of takeaway business changed to: try to run through business processes in more ways.

Half a year has passed, and according to a report by "Whip Bulls" at the end of December last year, Douyin life service partners in multiple regions revealed that Douyin will no longer renew their contracts with them. "Except for the five cities of Chengdu, Changsha, Shanghai, Shenzhen and Fuzhou, the Douyin takeaway business in other cities will be suspended." The purpose is to "penetrate the above five cities in order to obtain comprehensive and sufficient experience and lessons, and then promote the replication to other cities."

Since it was exposed in July 2021, Douyin has been running in the takeaway field for two and a half years, but it is still "running through the process".

The cost is undoubtedly huge. According to a report by Sohu News in March last year, Douyin’s boost to merchants in the pilot takeaway service was 5%, which was three percentage points lower than that of its peers. But Douyin’s traffic is expensive, and its investment in takeout should be higher than that of Meituan and Ele.me, including the costs of delivery and service providers.

This raises the suspicion that takeout is a low-margin chore, and if it is so difficult to move forward, why not give up? Because it does not want to watch consumers flee due to the lack of takeout.

According to a report by "LatePost" in February last year, Douyin Group CEO Zhang Nan once imagined at an internal meeting that Douyin would become a universal portal for users’ mobile devices, not only to swipe content when bored, but also to shop, choose restaurants, and buy plane tickets to book hotels.

This is Douyin’s ambition, and it is also the common dream of Internet giants. Today’s Capital Xu Xin once said in his early speech that there are actually only 12 apps commonly used by users, and apps that are opened more than 8 times a day are exclusive and monopolistic, and "flowers" can grow on them.

Therefore, for Douyin’s local life, it is necessary to close the loop between home and store, which is the answer that Meituan proved ten years ago.

As early as 2014, Wang Huiwen once answered the reporter "Why does Meituan want to do takeout?" He said, "Group buying and takeout, there must be a lot of overlap in the business. From the perspective of the merchant, we can bring it customer flow and transactions. Consumers group buying to the store, or ordering takeout to be delivered to consumers for transaction. Although they are two different transaction models, the merchants will not reject them."

The lack of Douyin takeaway links today is like the short board on the bucket. On the one hand, consumers who have settled through home group buying will flow to Meituan when they repurchase takeaway; on the other hand, the merchants who have made great efforts to attract them will only stay at the store level, and cannot reap the commission of takeaway business.

According to public information, Douyin’s GMV in 2022 is 77 billion yuan, while it has increased by 256% in 2023. It is estimated that the GMV completed in 2023 is about 197.12 billion yuan, exceeding the original target of 150 billion yuan. But if you can’t take takeaway business, how long can such high-speed growth be maintained is an unknown.

Since takeaway is a must, then the existing cooperation model is not good? Since August 2022, Douyin and Ele.me have cooperated, and Douyin has diverted traffic and Ele.me has fulfilled the contract, but both sides have different ideas, and they have not fully connected on the page jump. Douyin cannot obtain the core data assets, so he has more than two years of experience in "running through the process".

Douyin and Meituan are bound to have a head-to-head war, but Douyin looks at his hand and only has abundant traffic and funds, but lacks infrastructure, including systems, teams, and the Know-How capabilities that Meituan has accumulated for more than a decade.

And these, eat Eli.me can make up for it?

"Are you shaking?" Can you win Meituan?

Before Douyin’s disruption, the takeaway battlefield had long since died down. Meituan began to explore instant retail in search of incremental growth; Alibaba’s Ele.me system became infrastructure, focusing on stopping losses.

A set of data clearly illustrates the changes in Ele.me in Alibaba. According to third-party data agency trustdata, in 2020, Meituan and Ele.me’s market share was 60% and 25% respectively; by 2022, it had become 72% and 15%.

From Ele.me to "Shake it", how much can it shake Meituan? Let’s take a look at the fundamentals of the two companies first.

Look at the supply side first, there is the most intuitive data. According to the relevant report of Guolian Securities, the average daily active users of Meituan takeaway business version in October 2023 4.8861 million, and the average daily active users of Ele.me business version 2.6131 million, Meituan is almost 1.87 times that of Ele.me.

Looking at the demand side, according to Quset Mobile data, in October 2023, Ele.me APP DAU 2154.6 million, Meituan takeaway APP DAU 17.4993 million, Meituan APP DAU 144 million. You know, Meituan APP is the main position of all businesses. Combined with past financial reports, Meituan takeaway also leads Ele.me in terms of annual transaction users.

What about Ele.me + Douyin? According to the data report released by "Douyin Life Service Business Observation" on January 2, 2024, in 2023, Douyin Life Service stores will exceed 4.50 million. Even taking into account deduplicate factors, on the supply side, Douyin + Ele.me will still have a considerable base.

In addition, the addition of Ele.me may recoup Douyin’s disadvantage on the supply side of small and medium-sized merchants. "Blue Hole Business" once mentioned in the article "Meituan, Can Use Magic to Beat Magic" that the high cost makes it difficult for small and medium-sized merchants to survive in Douyin. "If you don’t buy advertising and don’t have traffic, you will have zero sales."

On the demand side, Douyin’s traffic magic and Ele.me’s home consumption mindset are expected to make up for their previous shortcomings.

Different from Meituan, benefiting from the acquisition and Ali system, a large proportion of Ele.me’s loyal customers come from 88VIP members, which is characterized by strong spending power. Double 11 in 2023, 88VIP user scale broke through 32 million, and transactions increased by double digits year-on-year. According to Ali’s financial report, the average annual consumption of this group in 2022 reached 57,000 yuan, and the demand-side customer unit price may be expected.

From the perspective of supply and demand, Ele.me has been ahead of Meituan, and it may have new vitality. But whether it can win or not, the performance side is more critical. What Douyin wants most is also the delivery team of Ele.me. Capacity is the "card point" that Douyin takeaway cannot push, and it is also the "east wind" that Douyin only owes for the development of instant retail.

According to Ele.me’s official website, Hummingbird, its delivery platform, has 3 million active riders, including full-time and crowdsourcing; but according to a report released by Meituan in 2022, Meituan has 6.24 million riders. In fact, in 2019, Ele.me has more than 3 million riders, and Meituan is 3.99 million. With Ele.me losing ground, riders naturally flow to Meituan, which has a more dominant order volume.

Of course, the fulfillment of contracts does not rely solely on offline capacity. Offline delivery and online fulfillment are two sides of the same coin. It is rumored that Douyin only needs "delivery staff" and does not need "programmers". Ele.me is currently the second largest takeaway in the market after Meituan, and its fulfillment system is the closest option to contend with it.

After it was merged into Alibaba that year, Ele.me’s hummingbird system was the first to be transformed. Alibaba’s expectation for hummingbird was to rely on the foundation of takeaway services and cooperate with Alibaba’s retail "three-kilometer ideal life circle", which meant that in the past few years, hummingbird and Hema, Tmall Hourly, and first-line brand instant delivery have a long match, and the handling situation is far more complicated than food delivery.

At the same time, Hummingbird’s intelligent scheduling system has been supported by Alibaba Cloud. Now AI has become one of the core directions of Ali’s development, and Hummingbird’s computing power and iteration speed have been enhanced. Because Hummingbird is deeply bound to Ali, it has also become one of the arguments that Alibaba will not give up Ele.me. easily.

But Ele.me in the Ali system can only be said to be self-improvement, and whether it can resist Meituan requires a question mark.

Takeaway fulfillment has the characteristics of "multi-concurrency" and "strong randomness", and a strong online fulfillment system can be regarded as Meituan’s "moat". As Wang Xing said in the first quarter of 2023 earnings report: "If the takeaway business wants to complete each transaction efficiently, it needs a reliable order fulfillment system. We have accumulated a deep foundation in the consumer, merchant, and distribution network of the takeaway business, and it is difficult for other players to break through."

Another factor that cannot be quantified, but can determine the course of the war, is methodology and organizational ability.

On the one hand, the Know-How capabilities and takeaway talents accumulated by Ele.me are equivalent to directly giving answers to Douyin, who has been "running through the process"; but on the other hand, with the invasion of organizational culture and the migration of management authority after Alibaba’s acquisition, Ele.me’s core management has gradually lost, and its playing style is also very different from that of Zhang Xuhao’s era. Ele.me, which pursues cost control, has gradually shrunk into a regional player.

In the two years after Alibaba acquired Ele.me, morale was booming. Wang Lei, the earliest head of Alibaba’s department, also stated internally, "It turned out that Ele.me played Meituan on the first floor and the second floor, but now we are standing on the sixth floor."

At that time, Wang Lei participated in Double 11 and Double 12 with his local life, interacted with Youku and Juhuasuan, and connected with Autonavi and Hema. But from the first quarter of 2019 to the second quarter of 2020, Ele.me’s market share did not rise but fell.

An industry insider told Blue Hole Business that during that time, he went on a business trip to Shunde, Guangdong. Ele.me increased subsidies and launched activities in the local area, hoping to gain momentum in several of Meituan’s advantageous cities, but the results came to nothing. [The business of local life is more complicated than imagined, and the success of one city may not be replicated in all cities.]

A Meituan person once recalled with "Blue Hole Business" that at that time, Meituan did not regard the other party as a competitor when competing with Ele.me. "Although Meituan gave less resources than the other party in each city, it always got good results in the end. There is indeed a methodology."

Frustrated by the competition, Alibaba began to adjust its thinking. In July 2021, Yu Yongfu, known as the "integration master", took over local life and proposed the so-called "541 formation" and "four vertical and four horizontal" playing methods, but this was an internal staff that also had some unclear theories.

Falling on Ele.me, the strategy focuses more on key cities, which is the so-called "efficiency first, then scale", emphasizing the strengthening of instant retail and distribution capabilities in terms of capabilities, and paying more attention to festival marketing in terms of tactics, such as the repeated mention of "guess the answer to win the free order".

The key data obtained from the above actions is that Ele.me’s unit economic benefits continue to be positive, and its losses have narrowed year by year. But takeaway is always a low-margin business, and if you want to make money, you still need to do it on a large scale. Ele.me’s long-term strategy is to stop bleeding for Ali, but it is the opposite for Ele.me itself.

The local life battlefield is far more complicated than imagined, and it is unknown whether Douyin can recover the share that Ele.me has lost in the past few years.

Although Meituan’s share price fell every time the acquisition scandal broke, it proved the outside world’s attitude towards the deal. But even if the acquisition is completed, it is only an escalation of the war situation, not an end.

　　Not long ago, Tencent’s mobile game "Honor of Kings" was repeatedly criticized by the media, and its share price suffered a setback, but then it continued to rise. Yesterday it reached a record high of 320.60 Hong Kong dollars, up nearly 3% from the previous day. Tencent’s market value reached 3.045056 trillion Hong Kong dollars, making it the most valuable listed company in China. According to Forbes’ real-time rich list, Pony Ma’s personal wealth rose to 36.20 billion US dollars, ranking 18th in the world on the list, surpassing Ma Yun and Wang Jianlin to become the richest man in China.

　　Tencent’s share price yesterday reached a record high of 320.60 Hong Kong dollars, up nearly 3% from the previous day. Tencent’s market value reached 3.045056 trillion Hong Kong dollars, making it the most valuable listed company in China. The personal wealth of Pony Ma, chairperson and CEO of Tencent, also rose, reaching 36.20 billion US dollars, making him the richest man in China.

　　Tencent’s share price reaches HK $320

　　Yesterday, the stock price of Tencent, which is listed on the Hong Kong stock market, reached a record high. As of the end of the day, it rose 2.95% to 320.60 Hong Kong dollars. At present, Tencent’s market value has reached 3.045056 trillion Hong Kong dollars (about 389.283 billion US dollars), making it once again the most valuable listed company in China. At present, Tencent’s market value ranks eighth in the global market value ranking, second only to Buffett’s Berkshire Hathaway.

　　Data show that in the past six months, the share price of Tencent Holdings has risen from 190 Hong Kong dollars at the beginning of the year to 320 Hong Kong dollars today, a cumulative increase of 66%. Not long ago, Tencent’s mobile game "Honor of Kings" was repeatedly criticized by the media, and its share price suffered a setback, but then it continued to rise.

　　The latest two quarterly report shows that a total of 30 funds (shares are calculated separately) hold a large position in Tencent Holdings, with a total of 11.0689 million shares. The net value of these funds has also risen with the rise of heavy stocks, and has obtained rich returns.

　　At present, a number of institutions hold "buy" ratings on Tencent and have raised their target price for Tencent. Morgan Stanley raised its target price of Tencent from the original 310 Hong Kong dollars to 370 Hong Kong dollars; Nomura Securities raised its target price to 341 yuan; Bank of America Merrill Lynch maintained its "buy" rating, raising the target price of Tencent to 331 yuan, and expects the mobile game business to continue to drive the company’s revenue. Deutsche Bank raised the target price of Tencent from 320 yuan to 327 yuan, and rated it "buy".

　　Pony Ma becomes China’s richest man

　　According to Forbes’ real-time rich list, Pony Ma’s personal wealth rose to 36.20 billion US dollars, ranking 18th in the world on the list, surpassing Jack Ma, who ranked 20th, and Wang Jianlin, who ranked 26th, to become the richest man in China.

　　According to the latest disclosure of rights and interests of the Hong Kong Stock Exchange, Pony Ma’s share of the issued shares of Tencent Holdings fell from 13.91% on July 8, 2004 to 8.73% on November 28, 2016. However, Tencent’s market value has increased by nearly a thousand times from billions of Hong Kong dollars at that time to trillions of Hong Kong dollars at present; Tencent’s share price has risen from HK $3.70 per share in June 2004 to HK $320.60 today, and it has also undergone a split of five. According to this calculation, in the 13 years of listing, Tencent’s share price has increased by more than 433 times. The wealth of Pony Ma, the founder of the company, has naturally risen.

　　2017 interim results will be announced next Wednesday

　　Tencent will announce its 2017 interim results next Wednesday. According to statistics, in the past five years, Tencent’s revenue growth rate has been 54%, 38%, 31%, 30% and 48% respectively. Tencent’s performance in the first quarter of this year shows that operating income 49.588 billion yuan, an increase of 54.83% year-on-year, and net profit 14.548 billion yuan, an increase of 57.46% year-on-year. Roughly calculated, in the 90 days of the first quarter of this year, Tencent Holdings’ average daily revenue was about 550 million yuan, and the average daily net profit was about 160 million yuan.

　　The market generally believes that although Tencent is involved in a wide range of business, it is still relatively focused on social networking and gaming. "In the past, everyone thought that Tencent could do anything, and we also took a detour," Pony Ma once said. "We have changed a lot in the past two years, cutting more and more businesses… Since entering mobile game operations, a lot of energy has been on the layout of global mobile games, which is our main business."

　　The game business is Tencent’s main business, which is not only one side of Ma Yun’s words, but also reflected in Tencent’s financial report. In 2016, Tencent’s 2016 annual revenue was 151.938 billion, of which online game revenue was 70.844 billion, accounting for 47%. In Quarter 1 this year, Tencent achieved revenue of about RMB 14.10 billion in PC client side games, an increase of 24% year-on-year, benefiting from the increase in contributions of major games such as League of Legends, Dungeons and Warriors, and FIFA Online 3. In mobile games, revenue of about RMB 12.90 billion was achieved, an increase of 57% year-on-year, driven by existing and new games such as ("Honor of Kings", "Crossfire: Gunfight King" and "Dragon Valley"). In particular, "Honor of Kings", its tens of millions of DAU players have achieved not only a game, but also a hot topic in society. As of the fourth quarter of 2016, "Honor of Kings" has 50 million DAU. In the past six months, the popularity of the game has gradually increased, and it has attracted the attention of Xinhua News Agency, People’s Daily and other media. I hope the game can lead positive energy and fulfill its social responsibility.

　　As of the first quarter of this year, Tencent’s QQ monthly active accounts reached 861 million, and the combined monthly active accounts of WeChat and WeChat reached 938 million, an increase of 23% over the same period last year. Social and other advertising revenue increased by 67% to RMB 4.379 billion, mainly driven by advertising revenue growth from WeChat Moments, WeChat public accounts, app stores and mobile browsers.

　　related news

　　Tencent launched credit score

　　"Tencent Credit" has opened a public beta for some users, and some users can already check their credit scores in the account column of QQ Wallet in the "Tencent Credit" official account of mobile QQ.

　　Beiqing Daily reporter learned that Tencent Credit is a personal credit management platform launched by Tencent Credit, and the credit score can reflect the user’s credit level. Similar to Zhima Credit Score, Tencent Credit Score is also evaluated by the system credit scoring model. It relies on comprehensive evaluation of data from multiple dimensions such as social, payment, finance, and society to monitor in real time. The higher the score, the higher the credit level. Users can improve their credit score by repaying credit cards in a timely manner, paying water, electricity and gas bills on time, binding bank cards on the official website of Tenpay or mobile QQ wallet, purchasing wealth management products, and improving accurate credit information in credit management. Loan defaults, credit card repayments and other behaviors will be recorded, and even affect the credit score.

　　Tencent said that users can not only understand their credit level through Tencent credit scores, but also enjoy the financial privileges and life privileges that good credit brings to them, such as cash lending, bank card application, consumption installment, and credit travel.

　　It is reported that only QQ super members are currently eligible for the public beta. Tencent said that the public beta qualification is not directly related to QQ members, QQ years, QQ levels, account transfer consumption and other conditions. It is based on the user’s real name and credit comprehensive evaluation and randomly opened. At present, the public beta list is small, and there is no active application path for the time being. The public beta list will be gradually opened in the future. This group text/This reporter, Wen Jing, photo/DongIC fang

　　　　　　 CCTV News:Nowadays, it is becoming more and more common to travel through online car-hailing, but there are some hidden hidden operations, which "add a little bit of congestion" to travel. A reporter recently found in Beijing that Didi Express has "rejected orders, refused orders" and "induced passengers to cancel orders". Sometimes, passengers not only have difficulty completing the trip smoothly, but also inadvertently lower their credit rating on the Didi platform, which affects future online car-hailing trips.

　　　　　　 Drivers who take orders and refuse to take them may be related to the Didi Express reward model. According to several Didi Express drivers, the model of Didi Express rewarding drivers has changed in recent years. At present, Didi Express drivers need to follow the driver-side application prompts and receive a certain number of singular numbers in different reward models to get bonuses.

　　　　　　 Didi Express customer service introduced that how many orders have to be completed in a day, how much is the reward, such as how many orders are completed from what time to what time, how much is the reward, and there is that kind of reward. The driver-side display is the main one every day, and it is also possible that there may be several rewards a day.

　　　　　　 In the current mode of Didi Express assigning orders, some drivers will selectively cancel orders in order to earn bonuses for the number of orders they receive, while passengers will spend more time and energy to complete online car-hailing trips, and even inadvertently lower their credit score on this platform.

　　　　　　 Didi Express driver: "Many people are like this, because in order to get a reward of 100 yuan, he pulled this order a little farther, forty or fifty, and may not be able to get the reward because of this order."

　　　　　　 Who cancels or "demotes" the driver to induce "Youdao"

　　　　　　 During the reporter’s investigation, it was learned from a number of Didi Express drivers and customer service that as a constraint on express drivers by the platform, the driver voluntarily canceled the order, which may be regarded as a violation. During the investigation, many express drivers said that they would be fined 10 yuan per order and deducted corresponding service points.

　　　　　　 In order to further avoid the financial penalties and deductions of service points that may be caused after the passenger complains about the active cancellation of the order, many express drivers said that they will find some reasons to excuse themselves, and some drivers will ask the passenger to cancel the order, claiming that the cancellation of the order by the passenger has no impact on themselves.

　　　　　　 The truth is as the driver said, does it have no impact on the passengers? However, the reporter got the opposite answer from several other Didi Express drivers and customer service. According to the Didi Express driver, the current platform implements two-way constraints on drivers and passengers, and passengers take the initiative to cancel orders, which may also reduce credit value. At present, after the Didi Chuxing APP completes the express order, passengers and drivers have two-way evaluations. The customer service introduced that both drivers and passengers implement a 5-point credit score rule. Some express drivers said that after receiving the order, they found that the passenger’s credit score was lower than 4 points, and the rejection rate would be greatly improved.

　　　　　　 Complain to the platform, but do not inform the result of the complaint?

　　　　　　 Legal experts said that filing a complaint with the platform is the cheapest and most efficient measure for passengers to protect their rights. According to the customer service of Didi Express, express drivers who are found to have violated the rules after verification will usually be dealt with in three ways: warning, financial punishment and ban punishment according to the severity of the situation. But the final processing result will not be fed back to passengers.

　　　　　　 Liu Junhai, a professor at Renmin University of China Law School, introduced that Article 8 of the Consumer Rights Protection Law of our country stipulates that consumers have the right to know the real situation of their use of goods or services. In order to protect consumers’ right to know, Article 20, paragraph 2, also specifically stipulates the information disclosure obligations of business operators.

　　　　　　 Professor Liu Junhai believes that the online ride-hailing platform, as the creator of the transaction model, the drafter of the transaction rules, the selector of the relevant drivers, and the winner of the relevant economic benefits, should resolve consumer complaints as soon as possible as the preferred solution to resolve disputes. Not only from a legal perspective, but also from a business ethics perspective, it is not enough to develop the market and occupy the market itself. The most important thing is that enterprises should stand together with consumers consciously, learn to think from a different perspective, and further optimize their own complaint and dispute resolution process from the perspective of consumers.