Reborn Entrepreneurial Giant

"Your idea is too bold!" Wu Hongning was shocked by Qu Li again and again, thinking to himself, it's fine if you don't give this person a chance, once he gains power, the future is really limitless. This kind of grandeur, how can ordinary people think of it.

It turned out that Qu Li met Wu Hongning and talked to him about getting China to give up 3G and go directly to 4G, avoiding Qualcomm's patent trap once and for all.

"Qualcomm's patent is so important, it's worth spending so much effort..." Wu Hongning doesn't know much about the communications industry

"Let's put it this way, the 3GPP organization was established to circumvent Qualcomm's patents, but their research and development capabilities are too powerful."

Qualcomm was established even later than Warwick and Lenovo, and its revenue scale and profitability seem to be lower than Warwick for a long time (Warwick’s revenue was 92 billion soft sister coins in 2007, Qualcomm’s 8.87 billion US dollars), but everyone has seen the quantity and quality of their patents.

"what you up to?"

"I want the media to start a discussion, saying that the Ministry of Industry and Information Technology has given up issuing 3G licenses, and plans to issue 4G licenses directly in a few years. Don't refute the rumors in the short term..."

"If you really do this, you can circumvent Qualcomm's patent?"

"No, but it can minimize the influence of Qualcomm's patents."

"What are you doing this for?"

"I met with the CEO of Qualcomm yesterday and talked about it. I hope he will grant the CDMA patent to one or two domestic start-ups."

"this……"

"I know that there is a high probability that they will not agree, and this matter is not good for Honor, but it has certain significance for the security of the entire domestic telecommunications industry. This time, if Qualcomm really feels that the country intends to target him, it will definitely benefit. "

"I have nothing to do with the Ministry of Industry and Information Technology. I can only ask for help. This kind of thing is thankless, really..." Wu Hongning thought that some words were not suitable for him to say

"Forget it, I am also occasionally dominated by angry youth thoughts. Recently, I have been thinking about the mobile phone patent issue, and I have a terrible headache."

"Is your Honor phone really made?"

"Of course, we have to pay patent fees to almost every mobile phone company."

Qu Li was really speechless. When Xiaomi started its business, it was only sold in China. It seemed that it didn’t need to pay patent fees, but the Honor mobile phone had to be sold in the United States from the very beginning, so it had to be paid. Without the support of Google, he was really worried that Honor would not be able to do it at all.

After talking about Glory Jumei for a while, Wu Hongning talked about his work in the United States. Although Huatou has not been formally established, part of the team has already started working. The team he led is conducting field inspections in the United States and will give a more detailed report. Predict the possible impact of the bursting of the real estate bubble in the United States.

"The short-selling fund you recommended is really good. I invested 500 million US dollars in it, and now I have made money."

"Really, be careful, don't put your money in one basket, but you have made money, and I should make more."

"Did you buy the first fund or the second fund?"

"Of course it's the first one."

"Made, what luck." Wu Hongning really admires this kid's luck. The original fund of Paulson Fund has been closed. It is said that Paulson saw too much profit and limited plate. He didn't want to share the profit with others. .

"The bursting of the real estate bubble in the United States is almost doomed." Wu Hongning

"How many CDS did you buy?"

"How do you know I bought it?"

"If I have a lot of money, I will definitely buy on a large scale. This kind of low-risk, high-yield investment is a fool not to buy."

"Haha, I bought 1 billion U.S. dollars, and the quota has been used up."

"I really envy you, this wave may double."

After the subprime mortgage crisis, Wu Hongning seems to be getting a promotion and a salary increase. He is able to see the small things, is bold, and can earn hundreds of millions of dollars casually. If he doesn't get promoted, who will get promoted?

"You earn more from international crude oil." Wu Hongning said modestly

The two flattered each other and discussed Lehman Brothers. There was already news in China that Hunan Province intended to let Lehman Brothers take over Xiangcai Securities. The two parties seemed to be concubines in love with each other, trying to avoid Qu Li on purpose, so Tian Yue was squeezed out a lot.

"You're not worried at all."

"I'm worried, can Huatou strengthen cooperation with Lehman and buy more CDS products from them..."

"Haha, I said you don't look like the kind of person who swallows his anger."

"You think too much. The main reason is that Xiangcai Securities is not indispensable to me. It is dispensable. I am afraid that Lehman Brothers has seen this..."

"So it's your idea to say that Jumei's early listing is actually your idea?"

"How is it possible? It's my fault this time. It will take a while for the subprime mortgage crisis to break out. I forgot that Lehman can do many things during this time." Qu Li is really reflecting. Don't think that you can control everything by knowing the future, no possible.

After bragging, the two went back to their respective homes. After the establishment of shopee, more than 20 people have been recruited, including people from the traditional fast-moving consumer industry and the Internet. Lin Bing transferred a few from the information department to participate in the construction of the middle platform. A proficient programmer came over to improve the connection between the headquarters and Shopee, mainly to give authority to this side, so that Brady would not feel constrained in everything.

Since it is a group purchase, and it is mainly based on self-operated brands, the selection of products must of course be from Sun Moon Fenghua under Jumei, and the background data of these companies have been basically opened up in the construction of the middle platform.

In addition to these, shopee has set up a transit warehouse in San Francisco, but it has to choose a place to set up an operation warehouse. It may not be possible to choose at the beginning, and cooperate with express companies such as UPS. In the future, it will try its best to send USPS.

When the time came to August, Qu Li, Lin Bing, Brady and others finally returned to Yangcheng from the United States. After the company's internal meeting, a board meeting will be held immediately.

"Our company has developed a category of maternity and baby products..." Qu Li listened to Xu Lei's report and opened the Jumei website at the same time.

"Because of investors, I didn't sell food or toys..."

The so-called maternal and child categories are basically clothing suitable for pregnant women and babies in the all-cotton era, because all products in the all-cotton era are pure cotton, high-grade long-staple cotton, etc., so the quality is good, and the price must be high.

"Except for luxury goods and some famous brands that have not opened e-commerce services, Jumei has basically achieved full coverage of clothing, shoes, hats, bags and bags." Xu Lei continued.

"As of the end of July, Jumei had more than 6 million registered users..."

"There are so many registered users so soon?" Qu Li was a little surprised. Goudong had only 15 million registered users and more than 10,000 employees until May 2011. Of course, at the end of 2011, Goudong had about 30 million registered users. Fancl Eslite only had more than 10 million registered users in 2010, and its daily sales have reached 10 million soft sister coins.

"Our single-day sales exceed 1 million..."