Reborn Entrepreneurial Giant

Chapter 434 Progress

Chen Danlin took advantage of this pregnancy opportunity to withdraw from Jumei. On the one hand, she wanted to take care of the assets of Tianming Fund, and on the other hand, she wanted to manage Fenghua International, which is the parent company of brands such as "Danlin" and "Shein".

In terms of importance, Jumei is naturally the most important. Whether it is e-commerce retail business, cloud computing and search, or logistics, it is in a leading position in China.

But when a company grows bigger, it is not its own. This truth is not difficult to understand. Goudong has 500,000 to 600,000 employees, and Ahri has 260,000 employees. ?

After planning these things, Qu Li and Chen Danlin decided to buy a mansion on the top of the mountain in Xiangjiang, so they don't need help from others, and they can handle this small matter by themselves.

Originally, based on the cooperative relationship between Jumei and Lifeng, they should be able to become good friends, but when Qu Li opened his mouth to buy a super luxury house, Lifeng Feng's family thought that Qu Li would not last long, and he was conservative in the cooperation, bringing Shopee a lot of money. Come a lot of trouble. Therefore, Jumei has added supply chain cooperative enterprises, and Lu Qi is going to replace them with Sunyue Fenghua to further reduce the cost of its own brand...

Of course, the cooperation between Jumei and Li \u0026 Fung will not be canceled in the short term. Even if Jumei Airlines has applied for registration, if you want to buy a cargo plane, you still have to wait for Jumei Logistics to have a healthier cash flow.

Seeing that it was the end of April, and Ma Yun hadn't agreed to join Jumei's "Tongda Network" plan, Lu Qi decided not to wait any longer, and also chose to announce the plan after Honor went public in May.

"Is the acquisition of Shopify going well?" Qu Li continued to seek information from Lu Qi

"It's okay, our market value exceeds 20 billion U.S. dollars, and we are a big company." Lu Qi said with a smile: "The price may exceed."

"What do you think?"

"I think the Shopify model is very good. Amazon's advantages in Europe and the United States are too obvious. If we adopt the same model, there is basically no possibility of winning. With Shopify, we can form an Avengers alliance in the e-commerce field..." Lu Qi I really admire Qu Li's sensitivity, it's amazing.

"Have you ever thought that this is a disservice to Shopee?"

Once Shopify gains momentum and many brand owners set up their own e-commerce sales websites, the first to be affected must be a small e-commerce platform like Shopee.

"We can bear the price..." Lu Qi didn't think it was a problem

Tongda Network can be combined with Shopify or Shopee, but Shopee is a Chinese company and Shopify is a Canadian company. The difficulty of promoting the same thing is different for different people.

You said that Jumei is going to acquire Shopify, does it matter? Anyway, the team is still the same. Qu Li, Lu Qi and other high-level executives of Jumei will basically not interfere with their operations, but will "empower" them.

Shopee will add many competitors, and will compete with him for the traffic resources of Google and Facebook, but it is backed by the large Chinese market, and there is no shortage of competitive product supply. Coupled with the fact that Shopify's platform sales are only 100 million US dollars, the company's revenue is less than 10 million US dollars. It will take a lot of time to really have an impact on Shopee, which may reach 8 billion US dollars in platform sales this year.

Don’t think that it is difficult to double Shopee’s revenue. In recent years, the sales of Honor mobile phones have accounted for the bulk of Shopee’s revenue. Of course, this is partly because Qu Li’s relationship is a related party transaction, and the gross profit margin is not high.

Qu Li and Lu Qi are considering it from a strategic point of view. They will increase their investment in Shopify, including financial and technical support, such as "Tongda Network".

This kind of imaginative big investment requires a certain amount of courage. Mr. Mei of ProLogis is willing to support it, but the gold master behind him nods. Not to mention the vision investment, he will invest in Xiangjiang and Huatou. It has a certain influence.

"There are many domestic companies that are willing to join our logistics plan. After Honor goes public..."

"You are not afraid of the failure of Glory's listing..." Qu Li said with a smile, because of his existence, Glory and Jumei have some kind of "mysterious" connection

"You're not afraid of what I'm afraid of?" Lu Qi didn't expect Qu Li to be so big-hearted. If you say he loves the limelight, a company with a market value of 100 billion US dollars like Honor didn't come to the scene in person.

"I don't know why, but I just feel a little lost, and I feel like I am invincible all over the world. I want to let go completely. I feel that Jumei Glory will be the same without me, and I feel that it will be difficult to start without me." Excellence leads to excellence..." Qu Li told the truth

"You can't retire right now..." Lu Qi inexplicably believed. He was a bystander to the success of Glory. He mentioned this company many times in his exchanges with some friends, and learned about many people from various levels. idea.

The success of Honor is almost incomprehensible. They can't understand and understand how a Chinese start-up company has become a high-end brand, and how it has been smooth sailing with almost no setbacks. Is it due to Zhou Shaoning, Lei Jun or Qu Li?

Lu Qi’s answer is both, but Qu Li is a catalyst, a spiritual mentor, and a great entrepreneur who can empower the company and the executive team.

"Without you, projects like Tongda Network and the huge investment in Jumei Logistics would be difficult to sustain. This is the foundation of our future..." Lu Qi said sincerely

"Don't worry, I can't give up halfway, at least I have to see the certainty of success." Qu Li is a half-literate youth, somewhat sad, but he is more realistic, and even seems a little cold, kicking out partners, firing Senior employees don't get out of their way.

After confirming that Qu Li will not "retire", Lu Qi is finally relieved, although even if Qu Li leaves, after several years of development, he will not have a competitor for the position of CEO of Jumei, but people are different Lu Qi couldn't do what Qu Li could do. For example, "mastering the network" is difficult even for Qu Li, let alone a professional manager.

After communicating with Lu Qi and other Jumei executives, Qu Lifei went to Beijin. Once Lei Jun and the others left, he would not return to Beijin for at least half a month. He got the Vision Building to sit in charge.

Honor G4Plus became the world's best-selling mobile phone in March and April, occupying the top sales position in many countries and regions, which seriously affected the sales of IPhone 4.

For this reason, Apple announced the performance parameters of the A5 chip, which completely surpassed the A4 and the glorious Qinglong No. 1. Not only that, they upgraded the mobile phone system in advance and announced the Siri smart assistant in advance.

According to reliable sources, the launch of the iPhone 4S has been brought forward to June. Apple's single-product explosion model is facing a huge challenge. Wall Street investment analysts seem to have belatedly lowered Apple's stock price expectations.

"Although it settled with Honor, Apple, which lacks patents, is facing..."

It is a good thing that public opinion is no longer optimistic about Apple, which affects Honor's IPO!

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