Top of the Great Era

Chapter 3160 Five Wonders
Boss Ma was forcibly taken away by Zhou Buqi, and he was very complaining.

He has things to do at the Internet conference!

Zhou Buqi refused to give in and said that it would only take up one day of his time. He would go today and return tomorrow. Xiyin was just a small company in Yangcheng. Aren't they shocked by the presence of so many big shots at the same time? Maybe even the city leaders of Yangcheng were shocked.

Liu Qiangdong had no objection.

Not to mention wasting a day, even if it takes a month to help Boss Zhou, it can be accommodated.

Boss Ma said helplessly: "What does this Xiyin do? It sounds like the name of a Japanese actress."

Zhou Buqi said: "Cross-border e-commerce."

"Ah?" Boss Ma understood immediately, "Are you helping your wife again? Shi Jinglin?"

Zhou Buqi smiled and said, "Yes, help her acquire Xiyin."

Boss Ma said helplessly: "She is doing very well. I looked at the financial report and the growth data are very impressive."

In order to help Shi Jinglin do cross-border e-commerce, Zhou Buqi brought in both Alibaba and JD.com.

It’s just like when I first started Jingtao.

The success of Jingtao is largely due to Chen Dong's integration of the talent teams and e-commerce experience of both parties, which led to successful operation in the Japanese market. Shi Jinglin also copied this model, and many of her employees came from Alibaba and JD.com.

Alibaba is an investor and holds more than 15% of the shares, so it can naturally continue to receive financial reports sent by Shi Jinglin.

Zhou Buqi said: "The data is good, but not as good as expected. At least the resource advantage has not been truly brought into play. Xiyin is also engaged in cross-border e-commerce, but it has almost no resources. It is just a makeshift team, but the growth data in the US market is not bad at all."

"Xiyin..." Boss Ma suddenly remembered something when he heard him say that. It seemed that he had heard his subordinates introduce this company. "Is it the company that does online Uniqlo?"

Zhou Buqi smiled and said, "Yes, that's it."

Boss Ma said: "Our team has evaluated that if the costs are pushed down too low, the profits may not be able to hold up."

Zhou Buqi disagreed, "What do you mean by can't hold up? Fast-moving fashion brands like Uniqlo, Zara, Forever 21, and H&M all have very low prices, and they all rely on rapid sales to sweep the global market. They still have physical store businesses, and with such huge offline operating costs, they can still make a lot of money. The boss of Zara is much richer than you, and he almost became the richest man in the world by selling low-priced fast-moving fashion."

Zhang Chaoyang had not been involved in this matter, but after hearing him say this, he became curious, "Why have I heard this before? You said this several years ago, right? There are similar projects for school group buying."

Zhou Buqi smiled and said, "Yes, my thinking has never changed."

Liu Qiangdong said: "Now is a good time. Mobile Internet has developed and 'Internet +' has impacted traditional industries in all aspects. Cross-border e-commerce of 'Internet + fast fashion' is really a good idea."

This is Zhou Buqi’s private plane.

Several people sat face to face on the sofa without even fastening their seat belts. With Zhou Buqi's mediation, the sworn enemies, Lao Ma and Lao Liu, did not show any tension in their relationship. Everyone sat down and chatted, and the atmosphere was relaxed and harmonious.

Boss Ma was in no hurry to talk about the meeting. He hesitated for a moment and looked at Zhou Buqi, "How far do you want to go?"

Zhou Buqi asked: "What do you mean?"

Boss Ma asked, "After helping your wife complete the acquisition of Xiyin, what are your plans next?"

Zhou Buqi said: "Focus on fast-moving fashion."

"I'm talking about the traditional industry giants in this field, such as Uniqlo, Zara, Forever21, and H&M."

"Then you're welcome."

"Ok?"

Boss Ma's eyes lit up and he became interested.

Zhou Buqi snorted, "In the market competition, what is gentleness, courtesy, frugality and modesty? Zara is the largest in the industry now, but they design in Europe, then produce in Southeast Asia and China, and distribute the goods offline... The process is so long, the cost is high, the efficiency is low, and the time to launch new products is also longer. Who can compete with these traditional industry giants in the Internet's fast-moving fashion? Uniqlo is very strong now. I saw the data and it opened hundreds of new stores in China this year. When my wife gets this project off the ground, let alone Uniqlo's stores in China, even in Japan, they will be unable to survive."

Zhang Chaoyang said: "Japan's clothing industry is very strong, and there are many world-class clothing companies. Don't be careless."

"No matter how strong it is, it is not as strong as the Internet. In any trade field, as long as domestic Internet people rush in, no one can do anything." Zhou Buqi downplayed this and had great confidence in domestic Internet people. "Look at many domestic massage, housekeeping, and door-to-door service apps, they are simply fantastic ideas."

Zhang Chaoyang said with a smile: "I don't know, I haven't paid attention to it."

Boss Ma became very interested. "If we really treat industry giants like Zara and Uniqlo as competitors and compete with them using the new Internet model, then this will be very interesting and worth paying attention to." Zhou Buqi said casually, "To change the world, not only technology can change the world, but also trade."

It can be said that Xiyin in the previous life did this very well.

Xiyin does not conduct business in the country.

However, in overseas markets, it has indeed changed the consumption habits of young people in various countries and subverted the fast fashion industry, causing Zara, Uniqlo, H&M and others to fall into a survival crisis. They no longer have their glorious days and are shrinking their businesses on a large scale around the world and constantly closing stores.

Boss Ma thought this was a very challenging matter. “Can Shi Jinglin do it?”

"Hmm?" Zhou Buqi looked at him warily, "What do you mean?"

Boss Ma suggested seriously: "If you want to do something like this, you must have good business and management skills. If your wife is not good enough, why not let her step down? I will send a team from Alibaba to take over..."

"Stop!" Zhou Buqi interrupted him, quite amused, "Don't give me that. The main purpose of acquiring Xiyin is to acquire their entrepreneurial team."

“Not giving control?”

Boss Ma wanted to reach out.

Zhou Buqi said angrily: "What control do you want? Forget about you. I don't have much control either. Being a director and having some involvement is enough. Do you really want to give orders blindly?"

"You can't control her?" Boss Ma didn't believe it at all. "She's your wife, why doesn't she listen to you?"

Zhou Buqi said: "If she listens to me, she won't get divorced."

"Ah? Ex-wife?"

Boss Ma obviously doesn't know much about his mysterious private life, at least not as much as his colleagues Lao Zhang and Lao Liu.

Zhou Buqi said: "Yes, ex-wife."

Boss Ma was very surprised, "Why is my ex-wife helping me so much?"

Zhou Buqi snorted and looked at him with disdain, "You are the East Evil, but I am different from you."

"Eastern Evil?" Boss Ma said, "I am Feng Qingyang."

Zhou Buqi laughed and said, "I never expected that LeTV's Jia would be rated as the middle master."

"He has a big plate!"

"How big is it?"

“The online car-hailing market is very competitive!”

Boss Ma's smile is meaningful.

The domestic online car-hailing industry has become increasingly fierce. Originally, the competition was between the three giants: Didi, which was supported by Ziweixing, Kuaidi, which was supported by Alibaba, and Sudi, which was supported by Penguin. Unexpectedly, the foreign company Uber also made efforts.

Uber is an American company and cannot afford to burn money like crazy.

I was kind of backing off.

Unexpectedly, Baidu suddenly emerged at this time, invested in Uber, and brought Uber to the forefront to compete with the three major rivals.

Zhou Buqi nodded and said, "Baidu's strategy is too confused now. Investing in Uber is a bad move."

Boss Ma said: "I'm talking about LeTV."

"Huh?" Zhou Buqi was a little surprised, "LeTV is also involved?"

Boss Ma said, "The latest internal news has not been officially announced yet. Do you know Yidao Yongche? It was one of the earliest online car-hailing startups, and it couldn't survive. It's said that LeTV took a fancy to it. LeTV is going to invest $7 million in Yidao and also wants to enter this market!"

"crazy!"

"Or maybe it's the Five Supreme Masters. The Five Supreme Masters have gathered together to compete in the online car-hailing market!"