Reborn Entrepreneurial Giant

Chapter 396 2010 New Year's Eve Speech (Part 2)

Qu Li’s New Year’s Eve speech continued. After talking about Qiancheng Auto, he started chatting about some messy things, such as Geely’s acquisition of Volvo, Toyota’s “recall”, General Motors going public after bankruptcy and reorganization, and the impact of changes in the auto industry on Qiancheng Auto.

"When the times abandon you, they will not say hello to you. Toyota, GM, Ford and the three giants of German cars, BBA, are the kings in the field of fuel vehicles. If Qiancheng's pure electric vehicle strategy fails, that's all. Once it succeeds and forms a trend, they It is impossible to stop the glorious future..."

"It's like Nokia can't shake Honor's leading position in the smartphone industry."

The second half of Qu Li's sentence is not bragging. Honor is the number one in the global high-end smartphone market, surpassing Apple's iPhone. Even in China, at the same price, Honor smartphones occupy more than one-third of the market share.

"Just like Honor redefining smartphones, Qiancheng pure electric vehicles will redefine automobiles. I will let you know what is the general trend of electrification and intelligentization of automobiles. It is a pity that these cannot be realized in the short term. If you want to say that I am bragging, it is really worth it Nothing to refute…”

Then he talked about the struggle for control between Gome founders and professional managers: "This is a lose-lose war. It can be regarded as a business enlightenment lesson for me. Gome will withdraw from the ranks of major competitors in the domestic home appliance retail market. , although Suning has benefited a lot. But times have changed..."

"What do you mean? Some people don't understand? Let's just say it. Although there have been some small twists and turns in Jumei this year, we have made adjustments and only counted the domestic part. In fiscal year 2010, the sales of Jumei's entire platform exceeded 120 billion, becoming It is only a matter of time before the nation's largest retailer enters the market, and there is no possibility of failure. The same goes for 3C home appliances..."

There is also Fang Yaozi's Weibo crackdown on "my success can be replicated", the European sovereign debt crisis, it is best to be cautious when encountering mad dogs, some people are bad guys, they don't want to reason with you, and they like to focus on a certain loophole. Chasing and beating, Fang Elbow was a character in the early days, but later, his personal ability did not match his achievements, so he became a clown-like character.

Speaking of the European debt crisis, the situation in Greece is not optimistic. Qu Li gave the stage to the first guest, Peng Xiaoguang, the deputy editor-in-chief of "Global Finance" magazine. "Wrote a majestic article "The relationship between beauty and beauty towards qualitative change". To add, this magazine is a large-scale high-end financial monthly magazine sponsored by the Director of the Development Research Center of the National Academy of Sciences and sponsored by the International Institute of Technology and Economics.

Some of the viewpoints in this article are still very insightful ten years later, but it’s a pity that the river crab monsters don’t want to read it, and they want to read it for themselves. There are multinational companies should pay attention to something.

Taking advantage of Peng Xiaoguang's speech, Qu Li stepped off the stage to rest and chat with several other people. The effect of this speech was not good. Although Qu Li kept it, people thought he was bragging. There was no way. Entrepreneurs with ideals in China were too rare, and they were not used to it. One day when Jobs rises and evolves, maybe having feelings and ideals will become a derogatory term for entrepreneurs. It was said that this guy was looking for a relationship and wanted to give a speech on stage, but Qu Li only let him sit in the audience and listen. If he wanted to go on stage, he was not qualified enough.

"Jumei and Glory are both multinational companies. The former is an Internet company with more programmers and engineers. There are only three or five Internet technology companies in Silicon Valley that can surpass Jumei. In the field of e-commerce, only Amazon stands in front of us, let alone Glory. In a sense, we are already the number one brand of high-end smartphones in the world.”

"I'm not saying this to brag, but to say that our corporate culture is superior and can allow employees around the world to adapt to our management model. What can really affect us is not only the local consumer culture, but also the increasingly complex The international situation..."

As for the internal affairs of Jumei and Glory, there is not much to say. I briefly introduced Juhuasuan's "Everyday Low Price" plan, Jumei Shopee's brand overseas plan, e-commerce brand support plan, etc.

Of course, regarding e-commerce retail, Da Dongzi can tell that Qu Li mainly introduces Guge Search and Jumei Cloud Computing. In the same period of history, the revenue has increased by 78% over the same period. The revenue exceeds 7.9 billion and the net profit is 3.5 billion. Now that there is Jumei Guge, it should not be such an exaggeration.

Jumei's cloud computing officially provides services to the outside world. The game and video industry purchases low-cost CDNs, which can be regarded as income, but peer recognition is more important, which means that Jumei is rapidly narrowing the gap with the world's top Internet companies.

"Jumei's goal has never been Ali. We are different types of companies. I position Jumei as a supply chain-based technology and service company. Although it has acquired Google, it is necessary to do a good job in search. Anyway, Jumei Midea consumers are all Internet users, and we are a company that provides search services for netizens...

Forget it, let’s not make it up, the acquisition of Google Zhongying has solidified the technical foundation of Jumei, and you will treat it as a branch of the big tree of Jumei, and maybe one day it will be listed independently to make it more popular.

Don’t believe it, I don’t believe that there is any Internet company in China that dares to boast that its technical strength surpasses Jumei. We still have an international market, talents from all over the world, and our advantages will become more and more obvious in the future...”

"Speaking of which, I think it is necessary to explain that Honor is responsible for making cars, but the rocket launch has nothing to do with Jumei or Honor,"

"In fact, because the risk is too high, I plan to use my own funds to invest in rocket launches. The reason why I let Honor acquire Qiancheng Automobile is because in my eyes, the probability of success in building pure electric vehicles is more than 60%. Rocket launches are different. I Little to no knowledge of the industry."

"No, I know that the cost of launching a small rocket is more than 20 million U.S. dollars, and a medium-sized rocket is about 100 million U.S. dollars. If you don't have 3 to 5 billion U.S. dollars, it's better not to have this idea. There are also policy risks. Although there is no express prohibition on private enterprises in China Invest in aerospace, but I really don't see anyone getting into that."

"What I want to say is that I hope that the country will open up the aerospace industry as soon as possible, and give me a chance to lose money for entrepreneurs like me who have made a little money but don't know the heights of the world and have dreams." Qu Li thought for a while and added:

"True entrepreneurs are never afraid of failure. What we have to do is to see hope in despair and create possibility in the impossible! If the success of Jumei is the success of the times, then the glory will be the achievement..."

Qu Li looked around, but he didn't say the last sentence "my time" after all.

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