Reborn Entrepreneurial Giant

Chapter 161 The Torch Bearer

The biggest event in 2008 is of course the Olympics, especially in China. The Olympics was held in Beijin. Extremely outrageous.

Qu Li, who is worth tens of billions, can only stare blankly when he encounters this kind of thing, and then ushers in the Yangcheng relay of the Olympic torch. As the most famous young entrepreneurs in Yangcheng, Qu Li and Chen Danlin are lucky enough to be one of the torch relays.

Knowing the news, Qu Lifei returned to Yangcheng, and was received cordially by the head of the Yangcheng local government.

"Are there any difficulties in the development of Jumei?"

"Can I talk about everything, or just talk about the difficulties related to the court?" Qu Li pretended to be stupid while he was young.

"You can say anything, even if I can't help you, I can give you some advice."

"Okay, I'm telling the truth." Qu Li saw that the other party was not angry, but smiling, so he really let go and said

"There are many problems in Jumei at present. Bill Gaizi said that Microsoft is only 18 months away from bankruptcy, and Jumei may be less than eight months away from bankruptcy. Our current ability to resist risks is very weak..."

"The biggest problem comes from me as the founder. I have too much ambition, but I don't have the strength to support my ambition. It takes time for the development of the company and the growth of team members, but I have been urging them to drive away and start internationalization. How can I restrain my ambition? ambition..."

"Secondly, there are external factors. The macroeconomic situation is not good. The destructive power caused by the US subprime mortgage crisis may exceed many people's imagination. Some of my financial friends have been collecting financial innovations in the US subprime mortgage market since last year, and found that Bell The acquisition of Stern is just the beginning, and Lehman and Merrill Lynch are likely to go bankrupt or be acquired..."

"Well, what I want to say is the financial crisis in the United States, the global foreign trade environment will become very bad, the people of the crooked country will become less rich, and the Chinese economy that relies on foreign trade exports will also suffer huge losses, but it is difficult to estimate Shopee and Jumei are affected, but e-commerce has a price advantage, and consumers may choose e-commerce due to lack of money..."

"Secondly, the competition is intensified. Taobao established Taobao Mall to penetrate into the field of Jumei, and Jumei established Juhuasuan to pursue economies of scale. Basically, he fights him and I fight mine, whose direction and route are right. Well, we don't know..."

"As for the imperial government, I don't need special preferential treatment. I don't want what others don't have, and I don't want to lose what others have. If the competitor has too much advantage..."

Qu Li Jiji said a lot, and the head of the government was not dissatisfied, and they discussed with him enthusiastically, such as how to restrain his ambition, and the old man naturally asked about his ambition.

"The three cores of the e-commerce retail industry are products, prices and services. Middle-class or well-off people pay more attention to product quality and brand, and have higher tolerance for prices. However, domestic consumer brands are only available in a few industries. Advantages. Even if you change one, the price is what most consumers care about..."

"Xiangyun and Danlin are self-operated brands. It is an attempt by Jumei to gain a deeper understanding of the upstream and downstream of the supply chain. I hope that through technological means such as informatization, the large-scale manufacturing model of some traditional enterprises will be transformed into flexible production to adapt to small businesses. One-shot quick reverse..."

"My solution is driven by technology, so I recruited a large number of programmers, which is too much beyond the company's current actual needs. Employee salaries and welfare expenses have put a lot of pressure on our company's cash flow..."

"Why don't you borrow money from the bank?"

"Uh~~"

"Is there anything inconvenient to say, do you need our help?"

"Because of the impact of the subprime mortgage crisis, we expect Jumei's stock price to fall by half, or even more, and projects that lack money require long-term continuous investment, and may not make money in three to five years or even 10 years..."

"Really?" The old man's eyes are shining, investing in ten years later, the founder of Jumei is either a liar or a lunatic, right?

Qu Li briefly introduced the logic of cloud computing, and gave a very representative example: "The technology of buying train tickets online is not difficult, so why can't it be done now, because meeting the needs of passengers during non-holidays may only need to prepare 1,000 servers, but during the Spring Festival travel season, hundreds of millions of people need to return to their hometowns in a short time, so 10,000 servers may be needed.

The problem is that these 10,000 servers only need to be used for one month, and there are still 9,000 servers that are idle in the remaining 11 months, and the high maintenance costs cannot be saved at all.

If Glory's cloud computing can be successfully developed, the extra resources can be allocated to other companies in their spare time. Amazon in the US is also doing similar things, but no company in the world has really done it... "

"I understand now that you just said it..." Listening to Qu Li's easy-to-understand explanation, the elders of the government soon understood that this was not just the random imagination of Qu Li and Jumei, it had a basis in reality, and their research and development did not out of touch.

After talking for a while, Qu Li still made a request, mainly in foreign exchange settlement and product customs clearance. More than half of Riyue Fenghua’s income comes from the U.S. market, which is priced in US dollars. The exchange rate of Ruanmei currency has risen from 7.6 last year to within 7.0 , the gross profit margin has decreased by 10%, can the profit margin of foreign trade OEM enterprises be 20% before? No way, as for why the domestic media unanimously blame the subprime mortgage crisis in the United States for the failure of foreign trade companies and the return of employees to their hometowns. Otherwise, is it to blame Ruanmeibi and the US emperor for forcing you to appreciate?

Therefore, it is of great practical significance for domestic enterprises to open up a new sales channel in the United States at this time. Without middlemen to earn the difference, American consumers can buy affordable goods, and Chinese foreign trade enterprises will not go bankrupt. It not only saves American consumers but also saves itself...

Yangcheng intends to make Jumei a model, but Qu Li dares to mess around on the central stage, and the cadres of Yangcheng can't grasp it, so the boss is asked to come forward.

"What do you think of Qu Li and Ju Mei?"

"It's better to meet people than to be famous. It's no wonder that the venture capitalists of Waiguo are willing to give him money. There is indeed something special about him."

"Although this kid is young, he knows everything about the macro economy, the development of the industry, and the internal situation of the company, including himself. It seems a bit exaggerated, but he has seen people and is a rare talent."

"The young people nowadays are really better than each other."

Qu Li, who was talking about it with the old man in Yangcheng, returned to the company dry-mouthed, and suddenly realized that he hadn't gained anything today and wasted most of the day.

Finally, on May 7th, the sun was shining brightly, there were crowds of people, and the national flag was flying. Yangcheng was full of passionate youth. Qu Li, who had always been indifferent, also showed excitement rarely. What an honor!

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