Through the wealth life

Chapter 890
The next morning, when Li Guangyu had just finished his breakfast, Li Xuelan reported to him that the second son of the Walton family, Jim Walton, the vice president of Wal-Mart, arrived in Toronto yesterday and had a meeting with the president of Canada's largest retail group, Robert Rouss. meet.

At the same time, Paul Galvin, the president of Motorola, arrived in Ottawa in person and had discussions with the head of the Canadian Communications Authority and the chairman of its joint venture company, Canada Mobile Communications Corporation.

Canada's population is only about [-] million. Regardless of its large land area, its market potential is not as good as many countries and regions in Asia.

If it weren't for Canada's special location, Li Guangyu would not have paid so much attention to it, but judging from the reaction of the United States, the other party is very concerned about the market here. He has just arrived in Vancouver, and the other party has come here, and he is obviously aiming at it. my own.

Li Guangyu said: "Xue Lan, don't care whether Wal-Mart will cooperate with Robert Rolls to stop us. At present, your supermarket group's turnover has exceeded 60 billion US dollars. The other party expects this year's turnover to be similar to ours, but our stores are all self-sufficient. Yes, the profit is far beyond their comparison, we have enough financial resources to cope with the competition from Wal-Mart, and I will not withdraw funds from your group in this year's summary meeting."

Wal-Mart is a listed company, and it publishes the company's operating and financial situation every year. Last year, Wal-Mart's turnover exceeded 45 billion U.S. dollars, and the growth rate is very fast. Even if it does not have 60 billion U.S. dollars this year, it will not be far behind.

Hengyu Supermarket Group’s ability to suppress Volvo in turnover is due to Li Guangyu’s continuous investment in it over the years. Over the years, Li Guangyu has injected more than 150 billion Hong Kong dollars into Hengyu Supermarket Group. At the same time, Hengyu Supermarket Group still has a lot of shares in the stock market. harvest.

If it weren't for this, Hengyu Supermarket Group's attempt to suppress Wal-Mart so quickly would be nothing but a dream.

One must know that in the past few years since the establishment of Hengyu Supermarket Group, Li Guangyu has not withdrawn a penny from this group, and has continued to invest all of it in it.

Now Hengyu Supermarket Group has quite a lot of money on their books, and the more supermarkets they open, the payment they have made is horrific. Hengyu Supermarket Group and its suppliers pay every quarter. Now they don’t need Li Guangyu for their expansion. Make another capital injection.

Li Xuelan said: "Li Sheng, I intend to arrange for the vice president of the group, Li Yibo, to be in charge of the development of the Canadian market, with Vancouver, Montreal, Ottawa and Toronto as the center, so that our Hengyu Supermarket Group can spread all over Canada. At the same time, our 7 -11 is also entering Canada, joining forces with Hengyu Supermarket to seize the Canadian retail market.”

Li Guangyu is very appreciative of this arrangement. Li Yibo has done a good job in the Philippines, allowing Hengyu Supermarket Group to occupy a dominant position in the Philippine retail supermarket market.

Although the situation in Canada is far more complicated than that in the Philippines this time, it not only has to face the local supermarket giants, but also has to deal with the competition from Wal-Mart, and at the same time, it must guard against possible actions by Carrefour.

Although the pressure here is relatively high, Li Guangyu believes that with Li Yibo's ability, Hengyu Supermarket Group can gain a firm foothold in the Canadian market.

Li Guangyu instructed: "You tell Li Yibo that the Canadian market is different from Xiangjiang and Southeast Asian markets. After entering, you must carefully investigate the shopping habits of Canadian citizens. According to the actual situation here, reasonably plan the layout of our supermarkets and the products on the shelves. In other regions, we also have to adapt to local conditions and put on the shelves their favorite products.”

Li Xuelan is naturally aware of this matter. Even many places in Southeast Asia have adjusted according to local conditions. Even if Li Guangyu doesn't give special instructions, she will arrange this matter.

At present, the Hengyu Supermarket Group mainly focuses on opening supermarkets. In the future, they will build a one-stop shopping center. At that time, the investment will be larger. At present, they mainly occupy the market. The shopping center is still a bit ahead of the time. The financial resources of the group Nor is it allowed.

Although their Hengyu Supermarket Group does not engage in real estate, the properties in their hands have surpassed countless real estate companies. Li Xuelan has never been satisfied that Hengyu Supermarket Group is just a retail supermarket group.

She hopes that when building a shopping center in the future, Hengyu Supermarket Group can get involved in the real estate industry, so that with the support of the two pillars of retail supermarkets and real estate, she can make Hengyu Supermarket Group firmly under the Li's consortium The position of the first group.

Li Xuelan knew that the real estate industry must have a bright future, otherwise there would not be Xingyue, Xingguang, and Wheelock, three groups mainly engaged in the real estate industry, and each of them was very powerful.

Although the various groups have now divided up their labor, the main energy is to develop their own main business. Wheelock is also building its first commercial center in Tin Shui Wai——Wheelock Square. Many of their industries will be settled here.

But the future one-stop shopping center of Hengyu Supermarket Group will be operated by Hengyu Supermarket Group alone. She has reason to let Hengyu Supermarket Group build this project by itself. She believes that Li Guangyu will not object at that time.

At that time, it will be a big deal to pull other major groups to jointly develop in that area, and everyone will benefit. They develop businesses by themselves, and they develop residential buildings, which is the best of both worlds.

Li Guangyu doesn't know Li Xuelan's thoughts. His plan for Hengyu Supermarket Group has never been to develop into real estate. In the future, Hengyu Supermarket Group will combine online and offline to completely secure itself as the world's largest retail group.

When Li Guangyu and Li Xuelan were discussing the affairs of Hengyu Supermarket Group, many news appeared on the newspapers of today in the United States, and the focus was on Canada.

First, the official spokesperson of Wal-Mart Group announced that in the new year, Wal-Mart will build [-] new hypermarkets in Canada, making Wal-Mart have [-] hypermarkets in Canada.

At the same time, Motorola officially announced that Motorola has reached a cooperation with the City Bank of Chicago and received a capital injection of one billion US dollars from the City Bank of Chicago. Motorola will increase investment in Canadian mobile communications companies and accelerate the deployment of signal base stations in Canada.

Ford Group also announced that in order to better deploy the North American market, Ford will consider establishing a production base in Canada, and Vancouver will be the area they will focus on.

When Li Guangyu arrived in Vancouver, companies and groups in the United States that competed with the Lee consortium announced their entry into the Canadian market one after another, and they all made official announcements on the same day. There is a tendency to join forces, in order to attack the Li's consortium in the Canadian market.

Ordinary American citizens don't know that the day before yesterday, the top figures in the United States held a special meeting in New York, the core of which was the Lee Consortium.

The collective entry of these groups into the Canadian market was also decided at the meeting. The American consortium must resolutely suppress the power of the Li's consortium outside the American market, and cannot allow the Li's consortium to continue to expand.

At present, the Li's Consortium has occupied the Asian market and is developing the markets in Western Europe and Australia. Once the Li's Consortium is allowed to develop the American market, the Li's Consortium will really become popular, and they don't want to see such a thing happen.

……

(End of this chapter)