Reborn Entrepreneurial Giant.

Chapter 860 "Perfect" Time Gathers Beauty
It's already November, and Qu Li is starting to prepare for his last New Year's Eve speech. Time Jumei and Glory are both starting to prepare for the annual meeting. This is the last time he will attend "before retirement" and he definitely needs to say goodbye to everyone.

Qu Li is silent, but Ma Yun is very active this year. In September, Ahri's anniversary celebration imitated Michael Jackson and performed "Human Transformation" and "Teleportation"; in October, the Ahri Damo Academy was established to conduct cutting-edge scientific and technological research; In November, he acted as the leading actor in the short film "Gong Shoudao" and said in an interview: "I am very happy to earn 9 million a month, but it is actually very uncomfortable for people who earn 10 billion a month..."

Apart from Qu Li and Time Jumei, which are equally low-key, other than the acquisition of Youku, there have been basically no big moves this year.You must know that after Ali went public, it has basically maintained a rate of investing in and acquiring fifty or sixty companies every year.

However, keeping a low profile and keeping a low profile, Lu Qi, as CEO, won the Poverty Alleviation Award on behalf of Time Jumei and made an "outstanding contribution" in the direction of targeted poverty alleviation through e-commerce. In fact, it was mainly due to the achievements of Juhuasuan's rural e-commerce.

Time Jumei has made refined operations in the past two years, focusing on consolidating existing advantages. Jumei has made greater moves in e-commerce retail. For example, Carrefour Supermarket has integrated online and offline operations, Jumei Supermarket has become a membership-based supermarket, and it has also established Jumei Pharmacy, including Jumei Premium, Juchang, a local “specialty shop” established for poverty alleviation, has strengthened its cooperation with brands.

Taotian has increased its resource tilt towards Tmall. For example, Taobao searches are no longer natural results, but Tmall sellers with higher unit prices, artificially increasing the unit price of customers to upgrade their consumption.It also severely cracks down on sellers selling counterfeit and shoddy goods, competes with Jumei for big brands and big sellers, and has made great efforts to obtain exclusive cooperation rights.

The other is Ma Yun’s five new strategies, new retail, new finance, new manufacturing, new technology and new energy. The last three have basically nothing to do with Ali, but the first two have a lot to do with it.

Many people on the Internet also ridiculed Ah Li because of this, saying that Qu Li was doing things, Ma Yun was bragging, Qu Li did it first, and Ma Yun was bragging that he did it.

This kind of rumor is obviously slandering the relationship between the two. It was too late for Qu Li to keep a low profile, so he would not ask the navy to sing his praises. However, the so-called "new retail" was indeed started by Jumei. When Jumei acquired Carrefour last year, there were many people on the Internet Most of the voices are opposed, while some are waiting and watching, and not many support it.

Then Ma Yun put forward a new retail perspective. Amazon acquired Whole Foods Market, Alibaba privatized Intime, took a stake in Hualian, RT-Mart's parent company Sun Art Retail, and a large number of offline department store retail supermarkets.

As for new finance, WeChat Pay is the well-deserved No. [-] in the field of mobile payment, driving the "Yu'E Bao" product to remain No. [-] in the industry all year round.Time Financial’s financial innovation is not as good as Ali Financial’s, they are more bold.

For example, Ahri borrows its own money, and then borrows low-interest funds from financial institutions, commonly known as leverage.Time Financial Services has chosen to cooperate with professional financial institutions such as banks to control risks while sharing benefits.

In terms of financial innovation, Ali Financial is indeed the leader, and various entertainment treasures have been raised, while Time Financial seems to be quite restrained and cautious.But who is mobile payment? The cashless society was brought about by WeChat, so Time Financial is more famous.Ali needs to continue to invest a lot of money to maintain its market position and not be overtaken by QO Payment.

Qu Li is basically the only one doing the new manufacturing, new technology and new energy behind Ma Yun's "Five New". Honor's smart factory and the Future Geometry Super Factory are both famous and are representatives of new manufacturing.

The Fuyao architecture, Yunhu body, and the amazing in-situ U-turn and in-situ bouncing left a deep impression on consumers, including OTA upgrades, which are representatives of new technologies.The key is that traditional car companies, including joint ventures, claim that the technical difficulty is not high, but they cannot reproduce it, which deepens consumers' impression of CMGE's technological leadership.Qu Li originally said that no car company except Tesla could reach the level of Geometry G9/Y9 within three years, and now it has indeed been achieved.That's why some people on the Internet think that "Qu Li only talks but doesn't talk, and Ma Yun only talks but doesn't do anything." They have completely forgotten how many boasts Qu Li has made, and he has only kept a low profile in the past two years.

There are also those who are more rational. When discussing Ah Li and Shi Shi Jumei, when talking about Ma Yun and Qu Li, they both feel that Ma Yun speaks at a higher level and has a higher realm, while Qu Li does not understand the world and is more cold-blooded and cruel.The eighteen Arhats who started Alibaba’s original business are all still there, but a large number of founders of Time Jumei have left, including Honor’s co-founder Zhou Shaoning…

None of these comments can stop the growth of Time Jumei. This year, it surpassed Honor to become the Internet technology company with the highest market value in China. In particular, the net profits of Honor and Ali are significantly higher than that of Time Jumei.

Many professional financial media at home and abroad have given their opinions that Shijimei's business model and revenue structure are more "perfect".

Honor's revenue is too single. Although Ali is the number one e-commerce company in China, it lags behind in logistics and distribution, private brands, cloud computing, financial services, overseas markets and social networks.

Especially for talent training and team building, if there are only one or two "Yellow Signs" in Time Jumei, it can only be said to be lucky. But if there are three, four, five or six, it can only be said that Time Jumei's organizational structure and talent training mechanism are more complete.

Lu Qi has been rated as the best CEO in the world many times. Well, Lei Jun has also won similar honors. If various financial magazines do not see the achievements of Glory and Time Gathering, it would be abnormal, and there is no need to buy honors at all.

Time Jumei’s stock price and market value exploded in 2017, not only because of its “perfection” but also because of the success of Shopify, which moved from online to offline, assisting offline physical stores to open online stores, and online through WeChat Moments, Facebook Message and other methods. Sales, and also plans to enable offline stores to enable QR code collection and popularize domestic mobile payments to Canada and the United States.

The purpose of Shopify, a SaaS website building tool, is to help sellers succeed. In the past few years, its revenue has exploded in two years. Last year it increased by 100%, and this year it is expected to be 75%. Although the base is relatively small, Shijimei has used overseas teams to incubate a unicorn for so many years. beast project, which proves that their international development will be smoother.

Without Time Jumei, Shopify’s current valuation would be approximately US$100 billion, and its revenue this year would be approximately US$7 million. They are truly “successful.”

In fact, Qu Liyou has already intended to let the founder of Shopify join Shopee and take over the overseas e-commerce business after Jiang Fan's term ends.It is impossible for a multinational company to lack a localized team. Shopee's Southeast Asia site has recruited a large number of local talents. The use of Chinese technology and local professional managers has very effective results.

Will a company like Time Jumei be hostile to domestic friends?Will someone form an anti-"time gathers beauty" alliance?Or simply go bigger and form an anti-"Time and Glory" alliance.

(End of this chapter)