Stronger by Paying Salaries and I Have 1 Billion Employees

When Zhang Jindong got the news, he slammed his fist on the table, which echoed with a loud THUD. As an old hand in the business world, how could he not see what was happening? Someone was orchestrating a malicious sell-off to trigger volatility in Sunning’s stock price.

’Damn it!’

’That bastard is too insidious! He’s not just waging a price war, he’s pulling dirty tricks behind the scenes, too.’

Zhang Jindong knew that if Sunning’s stock hit its daily limit down, his opponent would seize the opportunity to blow the situation out of proportion, even if Sunning ended up winning on the sales front.

”Tell the investment department to buy up all the sell orders. Absorb every single one, no matter how many there are.”

Zhang Jindong ordered his secretary after a long moment of contemplation.

”Right away, Boss.” The secretary gave a slight nod and walked out of the office, her hips swaying as she moved on slender high heels.

Liu Qiangdong wasn’t one to let such an opportunity slide. He posted a screenshot of Sunning’s falling stock price on Weibo. He didn’t write a single word, but his intention was perfectly clear.

Han Pengde, the head of Sunning’s online operations, immediately responded, announcing that the group’s management would be increasing their shareholding percentage.

As soon as the news came out, Sunning’s stock immediately rebounded!

「At the same time.」

Gome began drastically cutting prices on products also sold by Jingdong and publicly challenged Liu Qiangdong: ”Gome’s prices will always be 5% cheaper than Jingdong’s.”

Dangdang Network, leveraging its partnership with Gome Electrical City, aligned itself with Gome and turned its guns on Jingdong.

Liu Qiangdong mocked Li Guoqing, declaring that Dangdang Network had no suppliers or logistics system of its own and was therefore completely unqualified to participate in the ”418 Appliance War.” He called him nothing more than a ”shoe-shiner.”

At 9:45 AM, Li Guoqing posted a reply on Weibo: ”Old Liu says Dangdang Network is just a shoe-shiner. I don’t believe shining shoes makes you an inferior person. The partnership between Dangdang and Gome allows both platforms to play to their strengths, offering Dangdang’s users large home appliances at a competitive price. As long as the customers are happy, that’s all that matters. I, Lao Li, am more than willing to shine our customers’ shoes.”