Reborn Entrepreneurial Giant

From Huxiang back to Jumei in Yangcheng, even though he reported the itinerary all the way, Chen Danlin still didn't give him a good look. The two young people didn't know how to deal with it. Break up? green hat? That's impossible, the two are bound together.

Qu Li tried his best to sleep with Chen Danlin in the end, and the two got back together as before.

Lu Qi’s challenge in Jumei is different from Lei Jun’s challenge in Glory, and they are not comparable. Since this year, Taobao has started to focus on Jumei Juhuasuan, and has also launched its own group buying business. If you want a big brand seller, don’t cooperate with Jumei. But Jumei has Jumei Logistics.

With the support of capital and information technology, the service level and development speed of Jumei Logistics surpassed that of Sitong Yida, second only to SF Express, which is beyond doubt. Jumei Logistics is simply kneeling and licking the big sellers, and it is about to treat big sellers and self-operated businesses at the same level. Therefore, even if Taobao’s traffic is greater, most brand sellers insist on operating on both Taobao and Jumei platforms at the same time.

"Jumei Logistics is developing very fast, but it still can't keep up with the pace of the company's development. We need to increase investment, but the funds are relatively tight." Seeing Qu Li, Wang Yunliang began to cry poorly. Self-built logistics was too expensive. Ling Capital's investment in Goudong said that the US$300 million was just a base, and continued investment was needed in the future.

"Have you contacted ProLogis? The logistics land needed by Jumei Logistics is purchased through ProLogis, and I will buy it back when I have money."

"We have already contacted, but our cooperation needs time to adjust. The interests of the two parties are not consistent, and sometimes it is difficult to coordinate."

"Then I don't care. If they look too ugly, then we won't cooperate." Qu Li will not be used to Wang Yunliang, thinking that he is a novice who can make Pross pay for the land for Jumei Logistics, and promises Conditional repurchase is already his biggest contribution. Could it be possible that he doesn't want to pay the rent and go whoring for nothing?

"If you want to give up or slow down the speed of self-built logistics, don't worry about me, as long as you don't let Taobao Mall overtake, it will be the greatest success."

Jumei and Juhuasuan are the same platform, with data interoperability between the two, and different access thresholds and recommendation methods. Juhuasuan quickly surpassed Jumei by relying on low prices and more advertising.

"Taobao is our competitor, Taobao Mall can't do it..." Lu Qi was very confident, and Qu Li glanced at him with a half-smile, which is admirable courage.

Taobao Mall, which later became Tmall, accounted for more than 40% of the Taobao platform’s annual transaction volume, but by 2017, the Goudong platform’s annual transaction volume was only half of Tmall’s. Even in 2020, Goudong has not surpassed Tmall. Jumei is now better than the newly established Tmall, but what about after Taobao diversion? You must know that Taobao’s transaction volume last year was 10 times that of Jumei.

The next step is mainly Lu Qi’s performance. He will start Jumei’s process-based and institutionalized construction, and use the system to reduce internal corruption, especially procurement. It's not an isolated phenomenon. By then, everyone will be greedy, and the company will not be far from bankruptcy.

"I agree, even if the company experiences negative growth, we must purify the living space inside the company..." Qu Li nodded in support

Institutionalization includes a lot, such as the income structure, incentive model, and promotion channels of procurement personnel. They can maintain integrity with high salaries, and they must not rely on personal morality.

Then Lu Qi readjusted Jumei's organizational structure. Jumei Group is divided into e-commerce retail, self-operated brands, logistics and distribution, cloud computing, financial payment, online travel, and the innovative business that Qu Li recently created.

"Explain, Kuxun is not an online travel company. It is difficult for me to give a clear definition. This company mainly focuses on travel and accommodation, supplemented by ticketing..."

"Or they will all be included in the scope of innovative business..."

"sure!"

"That's it, Juyun Technology focuses on cloud computing, big data analysis, intelligent recommendation algorithms and other businesses into the headquarters..." Lu Qi continued, Qu Li and Lin Bin did not object

After the business division is clear, reallocate funds and improve use efficiency. Jumei’s main source of profit is e-commerce retail and self-operated brands, which needs to be strengthened; limit the scale of Juyun Technology, increase investment in Jumei Logistics, and Juhuasuan promotional activities are bound to Jupay, the upper limit is set for innovative business investment, and a meeting is required to review the increase in investment...

Qu Li wanted 100 million for the innovation business, but Lu Qi only gave 50 million, and he was unwilling to add a penny, so he finally gave 60 million.

Also subject to many restrictions is Juyun Technology, which Wang Jian and Zhang Wensong fought hard for.

"Look at what I'm doing. I don't understand. Cloud computing hasn't developed yet. I'm going to trouble him, but you don't want to fool me anymore..." Qu Li said sternly, not remembering that he was the one who wanted to set up a company. cloud technology.

Helping Lu Qi establish authority, the next step is personnel adjustments. Dadongzi is in charge of Jumei, mainly digital 3C and home appliance business; Xu Lei is in charge of Juhuasuan, developing businesses such as food, daily necessities, and home auto parts.

Other changes are not significant. Lin Bin continues to serve as the chief technology officer, Chen Danlin controls Sun Moon Fenghua including e-commerce business, Tan Lijun is in charge of group logistics and supply chain management, and Liu Shulian is in charge of group brand marketing and concurrently serves as Sun Moon Fenghua's chief aesthetic officer.

Lu Qi's arrival has increased the company's processes, reduced the number of things that Qu Li has to deal with, strengthened the group's compliance department, and given employees who made mistakes a chance to correct. Those who do not repent will be sacrificed to heaven.

At this time, Mango Channel aired a special program every day, and Qu Li was criticized again, why not give children a chance to choose, how good quality education is, and has produced so many Nobel Prize winners in the United States. A young man in his twenties who knows shit about education.

"Do I have the physique of recruiting gangsters, how can I make so many people unhappy by just saying a word?" Qu Li complained in the company

"Don't say a few words." Chen Danlin helped Qu Li tidy up his clothes, and he will go to CUHK to communicate with his teachers, trying to finish his thesis and get his diploma as soon as possible.

"If everyone is afraid of things and dare not speak out, how can this society change for the better?" Qu Li is somewhat sentimental, of course the reduction must be reduced, but is it really easy for the students?

"Do you know the happy education in public schools in the United States and the elite education in private schools? Do you know the rise and fall of education and training institutions in Japan and South Korea under the concept of education equality? Instead of reducing the pressure on students, it is better to vigorously promote the development of the entertainment, competitive and sports industry. Students with poor grades have one more choice. Strengthen vocational skills training, and you can master one or two crafts even if you don’t study well..."

After Qu Li posted on Weibo, he drove directly to CUHK.

"Why do you suddenly care so much about education?" Chen Danlin asked leisurely before leaving

"Oh, I want a child." Qu Li looked at Chen Danlin

"After marriage..." Chen Danlin turned around