Chapter 316 - 311: Luckin Coffee Launches, Enemies on a Narrow Road

Meanwhile, at the OFO Little Yellow Car headquarters in Capital City.

Dai Wei looked grimly at the core team members and investor representatives seated in the conference room. "Everyone! You’ve all seen the notice from the relevant authorities in Modu, right? Any thoughts?"

The words had barely left his mouth when someone spoke up. "Boss, are you saying we need to take precautions? To prevent something like this from suddenly happening in Capital City as well?"

Dai Wei gave his old classmate an appreciative look and said with a smile, "Exactly! That’s why we need to come up with a foolproof plan to deal with a similar crisis!"

At once, the conference room fell silent.

"How about we follow Little Red Car’s example? Update our technology! And contact the relevant authorities in advance?" The words rang out clearly in the quiet room.

Everyone turned to look at the investor representative.

The investor representative smiled and continued, "I’m just making a suggestion! Ultimately, it depends on Little Yellow Car itself. The best system is the one that’s right for us."

Dai Wei nodded and said with a smile, "President Liu is right! I had a similar idea right after I saw Little Red Car’s announcement!"

"But we focus on both school campuses and the general public market, so Little Red Car’s methods aren’t a perfect fit for us! Take buying insurance, for example. We simply can’t afford it. We can’t burn that kind of money! At least, not before we’ve plugged the hole in our security deposits!"

"So, I have a few ideas! First, contact the relevant school administrators and plan designated parking zones on campus."

"Second, sound out the relevant authorities, see what their opinions are. If they have any, we’ll cooperate fully!"

"Third, follow Little Red Car’s lead and develop a 2.0 version of our app!"

"Fourth..."

Dai Wei confidently laid out a long list of decisions, and the members around the conference table all picked up their pens to take notes.

After the meeting, the investor representative approached Dai Wei. "President Dai! If you’re short on funds, we’re very well-capitalized!..."

Before the representative could finish, Dai Wei cut him off. "President Liu! We don’t need it for now, but you’ll be the first we consider when we do!"

...

Wu Yun was unaware of what was on Mobike’s and Little Yellow Car’s minds. After all, the world didn’t revolve around him.

’Even if I had known, I wouldn’t have been worried. After all, while you guys are still making decisions, I’m already in the implementation phase. Go ahead, try to catch up!’

Right then, Wu Yun was sitting with Xu Chenxi in a quiet corner of a Starbucks, watching the stylishly dressed women and the people working diligently on laptops at several of the round tables.

"What problems do you see here?" Wu Yun took a sip of the Americano he’d ordered on a whim. The moment it went down, he thought, ’This is so damn disgusting!’ He sighed internally. ’I just can’t appreciate these foreign drinks! Tea is so much better, at least.’

’But this coffee is a real money-maker! This tiny cup cost me several dozen yuan!’

Xu Chenxi replied, sounding a little unsure of herself, "I only see that most of the people who come to the coffee shop are women! The majority are between twenty and forty, and most of them seem to have high spending power!"

Wu Yun smiled and said, "That’s exactly right! Be more confident! How else will you grow enough to manage a company someday? Even if you have professional managers, you still need to know a thing or two! So when you have free time, go read some books on management, or sign up for a class!"

Seeing her nod, Wu Yun continued, "If Luckin Coffee gets big in the future and we need to choose city locations, what are your thoughts on where to open them?"

It was actually a very simple question. Anyone with a bit of common sense would know the answer.

Sure enough, a smile bloomed on Xu Chenxi’s face, causing the man in a couple sitting nearby to glance over frequently.

"Darling! I know this one! We’d definitely prioritize locations in the city’s CBD or near high-end residential areas."

"That’s right! The way I see it, Luckin Coffee shouldn’t just make coffee drinks that suit the tastes of Huaxia’s people, it also has to compete with Starbucks for market share!"

"The name ’Luckin Coffee’ might sound a little Western, but I’m confident it’s a name the people of Huaxia can embrace. That’s why I’ve chosen ’Luckin Coffee’ as the official brand name!"

Xu Chenxi held her steaming cup of coffee in both hands, her eyes full of adoration as she watched Wu Yun looking so commanding. She chuckled and said, "Darling! I’m sure you’ll succeed!"

A corner of Wu Yun’s mouth curled up, and he gently stroked Xu Chenxi’s hair. "It’s not that I’ll succeed. It’s that we’ll succeed."

Luckin Coffee was already successfully registered. Nirvana Investment had put up one hundred million yuan and given Xu Chenxi 5% of the shares, which served as a way to put her mind at ease.

However, her shares would still be diluted in the future when Luckin Coffee received more capital injections or financing.

"My apologies, President Wu! The traffic was terrible! I’m late!" A middle-aged man with slicked-back hair and an immaculate suit approached their table, smiling as he apologized.

"President Wang! What would you like to drink?" Xu Chenxi asked with a smile.

"A cappuccino, please! Thank you!"

As Xu Chenxi walked away, Wu Yun turned to the middle-aged man. "President Wang! I’m sure you’re aware of our sincerity! Since you came here today, I assume you have an answer for us!"

This was Wang Zhiye: 40 years old, proficient in Management, Master Level in coffee shop operations, and proficient in beverage appreciation.

Wang Zhiye was currently a high-level manager at Starbucks’ Huaxia District. Wu Yun had contacted him through a headhunter, and after some communication and coordination, they had arranged today’s meeting at Starbucks.

Wang Zhiye said with a smile, "President Wu! I believe in your capabilities! But I have one question: what is your plan or your goal for this project?"