Reborn Entrepreneurial Giant

Qu Li's "tourism" in Southeast Asia was not publicized, but the photos of him interacting with some big shots were posted online by the local media, but it didn't become a news hotspot in China, and not many people knew about it.

After leaving Vietnam, Qu Li returned to work in Singapore. Although he didn't talk about any serious business this time, he knew the high-level people here, and there were still some leftovers. The market environment in Southeast Asian countries is much worse than that in China, and all kinds of corruption are worse than in China, but it cannot be denied that there are always a group of people who are working hard to make their countries better.

It's a pity that Qu Li is a middle-aged woman, so he doesn't need to worry about them, just do his own thing well, and he can be worthy of them by paying taxes honestly.

During this period of time, many major events occurred at home and abroad. For example, the Ukrainian crisis is obviously the most important international event, which interrupted almost all of Russia's efforts to integrate into Europe. And the old fairy Mo Di took office as the Prime Minister of Indian Drugs, and his hostility towards Zhongwomen was clearly revealed.

All these have affected Qu Li’s internationalization strategy. For example, you need to be cautious when investing in Russia. For example, you need to be cautious when investing in the Indian market. Prior to this, Honor has established flagship stores in several cities with a population of over 10 million in India. Huangpu contacted Vodafone, as well as e-commerce channels, covering online and offline.

India's current smartphone import tariff is 6%, and Mr. Mo Di will raise it to 12.5% ​​next year, 15% in 2018, and 20% later, which is crazy. However, Indian companies are the ones that suffer the most. They all find ODM companies in China to manufacture mobile phones and ship them back to India for domestic sales. After the tariff adjustment, it is difficult for these enterprises to survive.

Of course, in order to leave more vitality for these local Indian companies and transfer the smartphone industry chain to India, they will reduce the tariff on spare parts to about 2%, and also reduce the consumption tax. There is a tax difference of about 12% between machine import and local assembly.

Honor's revenue in the Indian market is not high, but it is impossible to give up easily. Later, it became the fifth largest market for Apple's IPhone in the world, and at the same time it became a sad place for blue and green rough grain phones.

So Qu Li didn't say anything to the team of Glory going to India, just do things with peace of mind, and we'll talk about the future. He was in Singapore mainly because hacker attacks have become more and more rampant this year. At first, the DNS resolution of domestic websites was applauded, and Google’s DNS server was hijacked. Then eBay was attacked and user passwords and personal data were leaked. Then Shopee and Time were hacked. Attack, why is unknown.

From China to Singapore, there is a 7-day visa-free period. Jumei and Glory employees have preferential treatment that can be extended to 15 days. Arrange people to go to Singapore or go directly to the United States for support.

In addition, Honor's acquisition of Beats headphones is over, and Apple has spent 3 billion US dollars: "This is really rich and powerful!" That's all Qu Li said when he heard the news.

Originally, I wanted to keep a low profile, but with the publicity of this acquisition case, public opinion was raging. Glory was originally a shareholder of Beats, and it was acquired by Apple. This is really "shameful".

Sanjay Jha didn’t expect that Apple’s determination would be so big. How much money can it make from just a headset? Can it earn back the $3 billion it spent? However, they had already been mentally prepared for this matter. Anyway, they did not lose money and made hundreds of millions of dollars.

Qu Lifei went back to Beijin, and knew that many men's artifact clips had been seized, but he had never used this gadget in his life, so he forgot, anyway, it had nothing to do with him.

Back in Beijin this time, Wang Xing finally made a compromise in the face of pressure from investors including Jumei. Weibo went public independently, and Weibo’s shares in Meituan were transferred to Weibo shareholders in equal proportion. It also signed the AB equity model to guarantee Wang Xing's control.

This also means that what is the relationship between Weibo and Meituan, they will operate independently from now on. Wang Xing stepped down as CEO of Weibo and concurrently served as chairman, concentrating his energy on Meituan.

What about Jumei? After this adjustment, the shareholding ratio in Meituan has increased to 20%, but they are all ordinary shares, so it is difficult to influence the decision-making of Meituan. The situation in Weibo is similar, anyway, it is just acting as an ordinary investor.

The only difference is that WeChat will no longer provide special care to Dianping.com and Ele.me, including human, material and financial support, as well as WeChat Jiugongge.

Such a move by Wang Xing is really bold. While prying the corner of the wall, he stabbed "Goose Factory" or "Ari" in the back? Anyway, it caused a lot of discussion and doubts on the Internet.

As a beneficiary, time closes the door and does not express opinions. Qu Li and Wang Xing's team drank and chatted to brag.

"You made a special trip for me?" Wang Xing said while drinking

"What, is there a problem?" Qu Li still attaches great importance to the payment portal of Meituan

"Why should you go to Didi? I heard that their money is almost gone."

"Don't worry, the online car-hailing war can't end so soon." Qu Li

Qu Li is not afraid of burning money, and has the wind to invest in Didi. This time, not only Jumei and Ari are investing, but also various venture capitals have joined forces. Didi Express has entered a fever pitch, burning nearly 10 million US dollars every day.

"Compared to online car-hailing, I am more concerned about your food delivery war." Qu Li, Jumei's stake in Ele.me also doesn't have much voting rights.

"Ele.me has a higher market share..." Wang Xing

"You are not prepared, why make so many concessions?"

"Of course it's for Time WeChat."

Qu Li was noncommittal and didn't get entangled in these things. Wang Xing's team is very strong, but many members have become his "little fans", asking questions around him.

"How do you balance your energy in Glory and Jumei, and how do you still have time to work on the future, and then set up Interstellar Glory?" The media commented that Wang Xing is the most successful entrepreneur imitating Qu Li, and has established two unicorns so far. enterprise. Although Wang Xing also likes to play Weibo, he has never refuted this statement, nor has he publicly admitted it.

"Because I don't know anything, and I can't manage it, so I have a lot of time." Qu Li said: "I didn't know anything before, but now I have summed up various experiences."

"For example?"

"A person's management ability is manifested in: defining reality and inspiring dreams. First of all, we must be familiar enough with this industry, know what we are good at, and where our boundaries are; then we must find a reason for ourselves and our friends to fight for it. Qu Li didn't hide it, and sincerely expressed his thoughts:

"Those who only like money, or all starting points are based on profit considerations, you can give up in advance, including yourself. For example, Jumei is not only an e-commerce retail company, but also can reduce the circulation cost of domestic goods..."

"What about group buying, I didn't think so much when I started my business..." Wang Xing now knows the value of Weibo.

"It's up to you to define reality and inspire dreams." Qu Li