Reborn Entrepreneurial Giant

At the end of Qu Li's New Year's Eve speech, he once again expressed his pursuit to the national audience and established a principle: Jumei takes root in reality to solve today's problems; Glory faces the future and solves tomorrow's problems.

Qu Li himself felt that he was full of sincerity and goodness, and repeatedly emphasized the importance of smartphones with the advent of the mobile Internet era. He doesn't understand how outsiders look at it. Dadongzi and Li Yinan appeared one after another, introducing some internal affairs of Jumei and Glory. Liang Wengen and Zhang Yujing respectively looked forward to the future development of Sany SMIC, and there were not many hot spots in the exchange with Qu Li.

Taking advantage of this New Year's Eve speech, a small team of people from the two companies got together to brag and went to Juzizhou to see the popularity of Wanshan. The level is much better than the half-baked one before.

Although the little friends around him are all geniuses, Qu Lisheng is honest, even Time Magazine has recognized him, no matter what he is considered a "legendary" figure. His contradictory expression of inferiority and self-confidence is understandable to Chinese people who have been deeply influenced by traditional culture. But this year is just like this, people will grow, and Qu Li will not show any lack of self-confidence in public in the future.

Benefiting from the evaluation of the man of the year, the netizens who watched Qu Li blowing all night surprisingly did not satirize Qu Li. Whether it is building cars or rockets, his friend "Musk" in Silicon Valley has proved that private companies can do it. Good for these things.

The A-share market still trusts Qu Li, and Qiancheng Auto has won several daily limit lists, and the company's market value has once again exceeded 10 billion.

There are also people on Weibo with great interest, discussing whether Qu Li's trams and rocket launches are reliable or not. Can he really do such difficult things well as an amateur?

"Qu Li doesn't understand technology, so he won't look for someone who understands technology. The combination of him and Lin Bing has achieved Jumei, and the combination of him and Li Yinan has achieved glory. If you find another genius in the aerospace field, you may be able to surpass the Long March Rocket... ..."

Of course no one believes such a speculation, even Qu Li himself does not believe it, Long March Rocket yyds.

"The strongest thing about Qu Li is his learning ability. A junior high school student who can communicate with Silicon Valley bosses in English, whoever wants to say that he can't do it, first ask himself if he can speak fluent English. If Jumei has been doing clothing e-commerce, Even if it is better than Fanke Eslite, it’s not much better. But under Qu Li’s control, Jumei adjusts every six months and makes the most correct choice every time. It’s a stroke of genius that he went to America alone to invest in Facebook… ..."

Qu Li took a look at it, this is an investor, no wonder he is praised so much. There has always been a rumor in the domestic capital market that Qu Li is a genius investor, he owns Vision Investment, he controls Xiangjiang Fortune, and he is the one who decided to invest in Facebook and Twitter. Not to mention Kaixin.com, which was the most popular in 2009~2010, and Weibo, which exploded in 2010 under the promotion of Qu Li.

Some powerful people faintly saw the intention of Qu Li's layout, used Kaixin.com to distract the goose factory, and used Weibo to attract the firepower of the three major portals. Meijuhuasuan attacked Tianmao Mall and prevented Taobao from attacking high-end products.

Time is now a niche website, limited by the invitation system, the number of users is growing slowly, and the invitation emails enter colleges and universities very quickly, and the spread cannot be spread. Regardless of whether it is Zhihu or the later Xiaohongshu, as a content community, it takes a lot of time to accumulate and requires patience. Only when the content accumulates to a certain extent, it will bring a snowball-like advantage.

Mtime.com’s several projects are developing steadily, but the movie ticket subsidy war has just started and disappeared. The main reason is that the market is too small, online seat selection and other functions are temporarily difficult to realize, user stickiness is not high, and group buying websites have shifted their focus.

Time Movie Ticket has always been the "boss" in the industry. Now it has built a film and television database and copied it from Douban and IMDB. However, the style of the website is completely different. In order to facilitate movie promotion, the font is larger and the picture is more beautiful. The Douban PC website is extremely short-sighted. unfriendly.

Time music and reading have nothing to say. After the staff is ready, it has just started work. If it wants to hold a music festival to make money, it is still a little early, so the copyright of e-books is a little easier to talk about. Glory has communicated with domestic and foreign publishing houses to distribute it on its own reading app, but unfortunately the effect is not very good, even if you subscribe to e-journals and buy e-books in the United States, there are not many e-books.

Not to mention in China, not many paper books are sold. How big is the market for e-books? Apart from Yuewen, Qu Li really doesn't know other ways to make money. Uh, does palm reading count?

Never mind, these small things have nothing to do with him, just like the 2010 Financial Person of the Year asked him to present an award, Qu Li refused, and soon there was a business leader award for him. Let's go, don't blame the embarrassment.

This reason is easy to understand. People from Miguo recognized Quli, but you Yangshi looked down on him. Whose credibility is a problem? Most netizens will not hesitate in this era.

The central-style live broadcast will not be until mid-January 2011. Qu Li returned to Yangcheng to deal with some matters. Jumei's annual financial report as of October 31, 2010 can be released to the public.

Jumei's domestic e-commerce retail and value-added service revenue (including Riyue Fenghua excluding third parties) is 47 billion, Jumei Logistics' revenue is 6 billion, which is only half of SF Express in the same period, Guge's search advertising business revenue is 2.8 billion, and Shopee's revenue has doubled to 3.9 billion. The revenue from innovative business is negligible, with a total of 82.3121 billion U.S. dollars and a net profit of 120 million U.S. dollars.

The data of Jumei is very gratifying, and it has achieved profitability, which is a good thing. Unfortunately, including shopee, the gross profit margin has fallen. Domestic competition has intensified, and low prices are vying for the market. will increase...

Anyone with a discerning eye can see that this is a mixed financial report. The feedback from Wall Street is not bad. The stock price of Jumei fluctuated upwards, standing firmly above 70 US dollars, rising to 80 US dollars, and the market value is close to 18 billion US dollars. At the same time, Amazon has a market value of about 80 billion and a revenue of 30 billion US dollars.

Where's Ali? It’s hard to estimate. They only have B2B business listed, and the growth potential of this fast business is limited, so the stock price is correspondingly sluggish. It’s nonsense that Ma Yun has not brought much benefit to Xiangjiang investors in the capital market, and Ari’s money has been earned by Softbank and Yahoo. gone.

The domestic media were also stunned when they saw Jumei's data. How much has this increased compared to last year's revenue, nearly double it? Exaggerated? Awesome? This is Jumei, so amazing.

It’s not that Qu Li likes to brag, and if the media and consumers recognize a company, it can affect consumers’ shopping decisions. How many people choose to shop on Tianmao because Ma Yun knows about Taobao and Ali’s strength? How many people like Tesla because of Musk's "dream"?