Chapter 650 - 650: Backlash
Luo Feng’s intentions were quite clear.
He wanted to give Mike the impression that he was willing to engage in a price war, using his substantial financial resources as a bluff.
When faced with minor losses, National Transport would still choose to compete.
However, if the losses reached a certain level, they would simply bow out.
What harm would it do to them, even if they handed over the contracts?
Luo Feng was employing the tactic of “boiling a frog in warm water.” Even if the opponents had deep pockets, so what?
If he kept taking orders at an incredibly low price, what would their loyal customers think?
If their long-standing clients thought they were being overcharged, would they not turn to other options?
More importantly, if those loyal customers took the time to investigate, they would realize that they were being targeted in retaliation against National Transport.
And when they came to National Transport to negotiate even lower prices, wouldn’t it be easy to switch their allegiance?
What Luo Feng was really banking on was this masterstroke.
The plan was indeed flawless, and the opposing side was completely oblivious to the gravity of the situation.
At Prosperous International’s main office building:
“Boss, our financial report for this quarter looks much better than the last one. That Mike really is a fool with too much money, throwing it at us like this. At this rate, we’d have to try hard not to get rich!”
The secretary said to the boss of Prosperous Logistics, Mr. Eld.
Eld looked at his secretary and sneered, “I don’t know what’s gotten into Mike, spending money like there’s no tomorrow.”
“But that’s his problem, not ours. All we need to do is help him spend it. Also, make sure to divert half of that money into my personal account. We can’t let all of his cash go to waste.”
“He’s spending so recklessly; he surely won’t notice a little more or a little less.”
Listening to Eld’s instructions, the secretary grinned, “Boss, as per your orders, I’ve already diverted the funds. We don’t even need that much to suppress the new company. ”
Their joy was palpable. Eld was even getting a bit too familiar with his secretary when a frantic knock interrupted them.
A staff member entered, “Boss! Several of our partners have stormed in. They look furious. Something big must’ve happened!”
The secretary quickly adjusted her clothing and stepped aside. Eld, frustrated at the interruption, snapped, “What’s the big deal? They are our long-time clients. Just handle whatever issue they have.”
But before he could finish, one of the clients had already barged in.
The first to enter was Eld’s old client, Harvin.
Harvin had been friends and business partners with Eld for over a decade.
Seeing Harvin, Eld naturally assumed everything would be fine and approached for a hug.
However, he was promptly pushed away by Harvin.
“Eld, it seems you no longer consider me a friend,” Harvin said, fury evident on his face.
Eld was taken aback, “Harvin, what are you talking about? We’ve been friends for years! Are you joking or has someone been poisoning your ear?”
Eld tried to pacify him, ushering Harvin to sit.
“You there, bring tea for my old friend!” Eld shouted, and everyone else in the office quickly made themselves scarce.
Once alone, Eld got straight to the point, “Harvin, we’ve been friends for years. I won’t beat around the bush. Just tell me what’s wrong, and if I’m at fault, I’ll rectify it.”
Harvin, full of disdain, replied, “Very convincing act.”
But he was here for business, so he didn’t let his emotions take over. “Tell me, what’s the current rate for international logistics?”
Eld immediately put on a distressed face, “You’ve seen it. Business is tough these days, We’ve been operating at a loss.”
“So, you’re incurring losses to strangers but charging your ‘old friends’ exorbitantly?”
Hearing this, Eld panicked, “How could that be? Why would I ever prioritize strangers over my friends?”
Harvin shot back, “Who doesn’t know that Prosperous International is undercutting prices in the market? Do you think I’m blind or deaf?”
Eld finally grasped the issue, “Look, my friend, you’ve misunderstood. It’s all Mike’s doing. He’s paying us to suppress a new company.” Eld explained everything, but Harvin wasn’t buying it..