Reborn Entrepreneurial Giant

Chapter 661 Increase Investment

After the Future Geometry's shareholder meeting in Beijin, Qu Li went to Xinghe Power Beijin Company, and the relevant departments hoped that he could successfully launch the rocket as soon as possible.

If you really want to pursue speed, you can choose solid fuel rockets. Although this kind of rocket can also make money, its development potential is limited, which will delay their time.

Liquid fuel has a high risk of poisoning, difficult transportation, inconvenient storage, short validity period, and it is manufactured in Yangcheng. It is difficult to transport it to the northwest and southwest mountainous areas out of thin air. Therefore, using solid fuel rockets may be a better choice in the short term.

From the very beginning, Qu Li thought about being able to accomplish this. Wenchang, a low-latitude region, is the best choice. able to find customers.

After chatting for a while in Beijin, Qu Li didn't make a decision right away, and went back to Yangcheng to continue the discussion. In the end, he gave up the quick fix and chose the more difficult liquid fuel.

"What should the relevant departments do if they are not happy?" Liu Baiqi asked

"The meaning of our existence is not to make them happy, do our part well, don't think too much, and always find a way to solve the difficulties." Qu Li thinks that social progress is reflected in many aspects. China's enterprises can exist for dozens or hundreds of years, and some people who exercise power on behalf of relevant departments cannot do so.

"The development of liquid fuel rockets is more difficult than expected, especially because we have made a lot of innovations..." Liu Baiqi talked about the situation of Galaxy Power. After the central report on Galaxy Power, many supply chain companies knew what they were doing. Yes, the cooperation has become much smoother.

The reputation that Qu Li has built up over the years is valuable. Honor has made many companies in the smartphone industry chain make money; A group of excellent supply chain enterprises can be cultivated.

This is the way to get more help. Qu Li must have suffered when Glory supported supply chain companies, and now he has "compensated" him from other aspects. A large number of entrepreneurs believe in his choice.

Liu Baiqi has already felt the enthusiasm from the outside world, and many people took the initiative to express their kindness to him. Qu Li is now a bigwig who can mobilize a lot of resources with just one name.

The outside world is very concerned about Galaxy Power, Qu Li's reaction is very indifferent, he said in "Let's Talk" in response to Tong Xie's question: "I think this matter should be done by someone, but no one has done it, so I have to pay for it myself. I don't know rocket technology, so I can only build a platform like Galaxy Power..."

As for the progress of Xinghe Power, he did not know when the rocket will be launched: "It is more difficult to develop commercial rockets in China than in the United States. I ask them to lay a solid foundation within three years and launch the first rocket within five years..."

There are also people who want to visit Galaxy Power, but now there is "nothing", so most people's requests are naturally declined.

Going back to Jumei Company, the shareholder meeting is not important. Ahli is going to be listed on the US stock market this year, and Ahli, who is not short of money, will definitely use his money-making ability to compete more fiercely with Jumei.

Jumei’s current most important business is of course e-commerce retail, followed by Jumei’s logistics, cloud computing, financial services, and Time WeChat. The importance of search engines and private brands is second.

Since the beginning of this year, as the pressure brought by Tmall has dropped sharply, Lu Qi and the others have been increasing the proportion of self-operated Jumei platform and increasing traffic support for sellers who use Jumei logistics services. To put it bluntly, the Jumei platform is extremely close to Amazon. Juhuasuan does not have so many restrictions, similar to Tmall, but now it is targeted by Tmall and Taobao.

Jumei and Juhuasuan have teamed up to target Tmall. Tmall and Taobao can also join forces to deal with Juhuasuan. I don’t know if it can achieve the effect of mutual exchange. Anyway, Qu Li and Lu Qi are secretly strengthening the competitive advantage of the Jumei platform ( self-operated and logistics).

Needless to say, digital 3C has obvious advantages with the promise of authentic licensed products and good after-sales service. After the launch of Jumei.com, the popularity of the Ming series of mobile phones and tablets is a deterrent to other mobile phones, including large and small home appliance brands. As long as there are more choices on the platform, strong suppliers will be under pressure.

This is exactly the case. Although the scale of Jumeiyoupin is not large, major brand suppliers have attached great importance to it. The team led by Lu Weibing has already contacted them to jointly create a customized Jumei brand. Doing this is better than nothing. In addition to product definition, cost-effectiveness, and traffic support, whether it can be sold well requires a little bit of metaphysics.

The advantage of Jumei is being established, but it is not enough. The importance of Jumei Supermarket has not yet been brought into play. Thinking about Goudong’s revenue of nearly one trillion yuan, Goudong Supermarket accounted for 30%. Buying daily necessities in Jumei Supermarket is a must. Can make consumers form shopping habits.

Qu Li mainly asked about the progress of Jumei Supermarket, including offline stores. Originally, the offline stores were supposed to be in the Yinghe Center, but the development was not smooth. In the end, the strategy was changed to start from the supply chain, focusing on the convenience of delivery, and set up offline stores in first-tier cities. Go to the physical store.

This has also aroused heated discussions on the Internet. BAT is an asset-light company, and Jumei is becoming more and more important, and it never explains, and it seems that it does not care about becoming an asset-heavy company. This has a negative impact on Jumei's stock price, especially since they often raise funds overseas.

Fortunately, with Amazon first, overseas investors understand Jumei...

"We are a supply chain-based technology and service company." Li Qu emphasized this view again at the shareholders' meeting. Starting from the essence of e-commerce retail, financial services and cloud computing are all for retail business.

At this time, it is difficult for the time branch to explain. It can only start from the mobile Internet. Consumer shopping has migrated from the PC to the mobile end. WeChat, a national-level application, is very important. There is also Instagram Xiaohongshu, It is more direct to consumers.

WeChat has more than 400 million domestic monthly active users, and over 300 million overseas monthly active users, far surpassing the 400 million users of WhatsApp, but the European and American media just don’t recognize it. Apart from paying them to tell the truth, most of them think that WhatsApp is the boss, and they also There are a large number of instant messaging applications such as Snapchat and telegram, some of which are still strictly confidential; Instagram has more than 100 million domestic users and more than 200 million overseas, which has achieved a reversal. However, FB, Yahoo, etc. have launched their own photo social applications.

Time has an advantage, but can it continue? Investors care about this.

"We will increase investment overseas..." Lu Qi promised

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