Reborn Entrepreneurial Giant

Chapter 637: Trip to Europe (Part 2)

Entering Sweden, Germany, and England, Qu Li's trip to Europe was finally known by Chinese people. He did it for both cooperation and publicity. He accepted a large number of media interviews, mainly talking about glory and future prospects.

IPhone is expected to overtake Honor in the North American market, but Honor dominates the European market. Deutsche Telekom and Hutchison 3 Telecom are very important partners.

Channels are second to none. The key is that the brand influence of Honor has become the mainstream among the younger generation. Drones, balance cars, and smart watches are all cool representatives. Glory's products are trendy, fashionable, cool, and of guaranteed quality...

A reporter asked Qu Li: "Are Honor and Qiancheng Geometry the outliers made in China? Why are most other products made in China so bad?"

"Have you ever considered that it's your own problem? Generally, the better the quality of the product, the higher the price. You can't expect to buy an Honor 5 smartphone for 200 euros.

The current situation is that some buyers are scrambling to lower prices or even purchase at cost prices, but they also require Chinese manufacturing factories to provide products according to the best quality standards.

In order to survive, some enterprises will naturally do everything possible to reduce costs, so the lower the price of the product, the higher the probability of problems will be, no matter which country it is manufactured in! "

"So the manufacturing in China is actually very good?"

"You don't need to ask me, a large number of multinational companies in Europe and the United States have set up their production bases in China. If they are not able to produce the best products, do you think they are stupid? Let me say that the upper limit of Chinese manufacturing is very high, and the lower limit is very low. Everything depends on how you choose.

However, our team is trying to find a way to make some changes to the status quo. For example, Shopee will find a way to balance product quality and price..." Qu Li has his own traffic, and his existence itself is a publicity, active publicity Shopee works better

Qu Li is a legend in the world. An orphan created two Fortune 500 companies in less than ten years. Is there anything more legendary?

Qu Li also proposed several classic business models in Europe to encourage European young people to start businesses: European design plus Chinese manufacturing plus e-commerce platform sales; Chinese design and manufacturing plus sales in mature European and American markets.

Why should it be cheap to outsiders, the situation is different and the perspective of the problem is different. China's attitude towards the super rich in Europe and the United States is completely different from the attitude of the United States towards Chinese companies. No entrepreneur will ignore a highly certain Chinese market. As long as they can make money in China, most multinational companies will not take the initiative to destroy the current peaceful environment.

Qu Li hopes to support a group of leading parties in Europe and the United States, and use their success to help Jumei Shopee break the ice and eliminate the deep-rooted discrimination against China in all countries and regions.

Shopee's development in the United States is relatively smooth. Compared with Amazon, it is a question of competitiveness. In Europe, the situation is more complicated. There are few third-party sellers on the website, long time cycles for cross-border e-commerce, and high return rates.

The biggest problem is that Qu Li insists on focusing on the Chinese team and wants to strengthen his control over Europe. He has invested a lot of resources for this, but the development situation is not satisfactory. Therefore, Quli decided to focus on self-management, or Chinese products.

"Isn't Shopee US station trying to dilute the Chinese color?"

"This is Europe, it can be different, let's survive first..." Qu Li, his words are a bit exaggerated. The development of Jumei Shopee in China is conservative, coupled with the traffic of Google shopping, it has always been profitable, because The investment of Jumei Logistics is counted into the head office, and the server investment is gradually transferred to Jumei Cloud Computing. A broken website costs nothing.

"It doesn't matter whether it is self-operated or a third-party. After meeting the minimum quality requirements, low prices are king..." Qu Li continued. Shopee's profit does not mean that it is rich, because the money earned is invested in purchasing. Many of Jumei's self-operated products have a billing period of about 60 days in China, which Shopee can't enjoy, and still has to rely on domestic sellers.

There are not many problems with Shopee's European branch, or if there are problems, Qu Li can't see them. This is nothing. People need to grow up, and those who dare to open up markets in Europe are not ordinary people. Besides, the retail price of e-commerce is king, and so many people in China can bear it even if they fight for Xixi. In foreign countries, in order to save money, they can be so expensive if you don’t believe it.

Shopee Europe is registered in Ireland and headquartered in England. It was supposed to go to the European continent, but there are more English-speaking talents in China, so for the time being, this is the only way to go. Jumei Logistics has chosen London, Amsterdam, and the Port of Foss as its logistics centers in Europe. These are all free ports, and there is no need to pay taxes if the goods do not enter the country's customs.

Qu Li's trip to Europe this time represents the official launch of Jumei, Glory, and Future Geometry's European strategy, and its importance will gradually increase to the North American market. Cooperating with the national strategy of the Belt and Road Initiative is one of the reasons, and the other is the lesser harm of the two phases, and the possibility of European countries single-mindedly targeting domestic companies is low.

Qu Li has a lot of things to do. Jumei Shopee is not something he can make the right decision just by looking at it. After all, it depends on the team here to feed back the correct information and make decisions at the headquarters. He values ​​his team more than his performance requirements.

There are one-to-one communication with almost all the middle and high-level managers of Shopee European branch, to understand the difficulties of e-commerce operation from different perspectives, and to exchange some ideas of both parties. Unless it is a relatively obvious internal governance problem, if you really want to make a big change, you still have to go back to Yangcheng and make a decision after a group discussion.

After leaving London and confirming that some electric cars can be sold in England, Qu Li flew to the United States to continue his global tour, meet Musk, and talk about cooperation with GM.

After the A123 battery was acquired by Wanxiang, there are basically no power battery companies in the United States. The youngest son of Li Bancheng's family didn't know what to think, but actually bought Fisker, an electric car company that was on the verge of bankruptcy.

It can only be said that Qu Li has brought a lot of changes to this world. A rich second-generation playboy is about to start a business model again. It seems that their family is going to divide the property, right?

GM has launched several "new energy vehicles" at this time. Unfortunately, at this time, BYD is included in the world. The so-called "new energy vehicles" are compared with Tesla, geometrically in terms of driving experience, battery life, and assisted driving. How are two species.

It is precisely because investors have seen the gap, coupled with the increase in production capacity, that Tesla’s stock price has soared all the way, and now it is close to 20 billion US dollars, which has once again surpassed the future geometry. The current market value has not exceeded 100 billion Hong Kong dollars.

The level of market capitalization shows investors' views on the industry and the company. The prospect of owning both fuel vehicles and pure electric vehicles is geometrically higher than that of Tesla, which only has electric vehicle business, or is there some other reason? Qu Li is unknown, but he and Musk are still good friends!

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