Reborn Entrepreneurial Giant

Internet companies have no boundaries, and Jumei is the most typical representative of them. It has set foot in several of the most profitable business models in the Internet industry: e-commerce, search, social networking, games, cloud computing, Internet finance, investing in online video, and group-buying food delivery And online car-hailing.

What about BAT, will it be special? Goose Factory has QO Paipai, invested in Yixun, and Baidu invested in Yihaodian, but Baidu and Ari don’t seem to be involved in the game industry.

"It's not that we are involved in too many businesses, it's that we are too successful." Lu Qi dispelled Qu Li's worries

Domestic Internet companies have two choices after they grow: one is to go international, and the other is to stay in the country and expand without borders. BAT chose the second option and occupied the domestic space. When Douyin grows up, it can only go international.

"Our biggest problem now is that domestic and international businesses are very successful, which has brought about a huge gap in funds and talents..." Lu Qi

Time International does not need many programmers to maintain WeChat and Instagram, but it needs to recruit a team if it wants to sell advertisements commercially, including the compliance, legal and public relations teams that have already been established. Time International needs a lot of talents.

Not only talent, Time also launched a creator incentive plan, which is to send money to UP owners to encourage them to create more content, including short videos, and then share the advertising revenue of Instagram and WeChat Moments.

Most of the outstanding talents can be solved with money, so there is no suspense that Jumei will increase its investment in Time International.

In addition, Shopee needs to build its own logistics system in Southeast Asia. Even if it is not responsible for the last mile delivery, it will have to invest huge resources. There is also cloud computing. Before Amazon and Microsoft came out to conquer the city, it became the largest cloud computing company in Southeast Asia.

Others are questioned because of its poor development, while Jumei is questioned because of its good development. If there is no distinction between the primary and the secondary, and the capital chain breaks, Jumei is likely to lose everything.

But more people don't worry about this. The net profit of Glory for one year can make Jumei no longer short of money, unless the two companies of Jumei Glory fail at the same time. This probability is very small, at least for now there is no sign of it.

So taking advantage of this event, Qu Li Luqi sent financing signals to several capital tycoons, received positive responses, and answered some of their concerns.

For example, Jumei will not do group-buying food delivery and online car-hailing, nor will it do O2O business. Shiguang's book, audio and video business is just a supplement, and Guge Search and Baidu will win the mobile Internet. It is determined that e-commerce is the core business, Internet finance, cloud computing and search rely on e-commerce, and time is semi-independent. Even at this level, it is still difficult to make people completely reassured.

Ma Yun said at the Internet Conference that he prefers to use managers who have failed experiences. They have always been successful without setbacks, and they are easy to lose the chain at critical moments.

Investors also have the same concerns. From their point of view, Qu Li is too smooth, and his wishes come true. People like him are fine if they don’t encounter setbacks. Once Jumei encounters major setbacks, unimaginable events may happen. collapse.

However, both Jumei and Glory now have a well-established organizational structure, and Qu Li's role in it is getting smaller and smaller.

"Glory has set up an economic management committee and a human resources committee. Will Jumei set up a similar organizational structure?"

"We will change from individual decision-making to collective decision-making. The premise is that international business revenue accounts for more than 30%, preferably 50%." Qu Li gave a clear standard

"Can't it be earlier?"

"There is no possibility!"

After the first communication, Qu Li felt weird, as if something was wrong, but he couldn't tell.

The first World Internet Conference is over, and it has been the focus of domestic Internet attention for the past few days, and the confrontation between bigwigs is particularly eye-catching.

Qu Li didn't have the heart to pay attention to these things. This Internet conference is a big show, and audiences across the country can watch fortune idols perform on stage. If you are serious, you will lose.

In 2014, there are still many things worth caring about. For example, Jia Yaoting, who had some minor conflicts with Qu Li, went abroad for half a year to investigate and established the famous Faraday Future in the future. As for why the counterfeit medicine stayed abroad for half a year, this is not what he should be concerned about.

The appearance of Jia Yaoting is nothing more than a mob, and the big boss Apple has set up a "Project Titan" to enter the electric car industry. It didn't take long for Wall Street to know about Honor's reorganization, which excluded the electric vehicle business from the core, and focused on the whole house smart home.

The entry and exit of Honor and Apple have led to a lot of discussions. Tesla Model S and Geometry G9 are both excellent products, but they are too expensive. Insufficient production capacity is always a big problem, which seriously affects the willingness of target users to buy cars. .

Therefore, there have always been voices pessimistic about Tesla and Future Geometry. Apple’s car-making plan has weakened the concerns of the outside world and attracted a large number of entrepreneurs to join the electric vehicle industry. At this Internet conference, many bigwigs ignored electric vehicles intentionally or unintentionally, and more voices focused on e-commerce, Internet finance, mobile payment, O2O...

Some media led the discussion, Taobao is a rent collector in the Internet industry, builds the Internet e-commerce infrastructure, and then finds a way to collect rent.

"What Jumei does is very simple, which is to reduce the intermediate links of commodity transactions, including reducing the transit links of warehousing, logistics and transportation..." I don't know whether it was Qu Li or Lu Qi who responded to the doubts of netizens.

"The operating expense ratio of our electronic products is about 10%, which is lower than the 15% of our peers..." Then we introduced Jumei Logistics, which implemented today's delivery/next-day delivery in the second half of the year, and received conservative praise in first-tier cities.

Social Express began to perform poorly, but Jumei reversely provided better services, forming a huge contrast and exacerbating the disappointment with Taobao shopping. The unit price of Jumei has always been far higher than that of Taobao. Low prices can attract users, but consumption upgrades can make money.

Both Jumei and Taobao have their own distinct characteristics. In the media, they are competing head-to-head. Ari’s famous saying is that if we can cultivate one Jumei, we can cultivate another Jumei. Tongda Network can solve the inefficiency of social delivery...

"Is Jumei cultivated by Taobao?" So many consumers who don't know the truth have formed such an unreliable impression.

"Qu Li and Chen Danlin opened a Taobao store at the beginning, and later became a brand, and established Xiangyun sports brand and Danlin women's clothing brand..." Some enthusiastic netizens do science popularization. Bao "cultivated" Jumei. As for why Jumei is better than Taobao, that is another question worth discussing. Who said Jumei is better?

The truth is hard to conceal. Qu Li’s success gave great hope to the post-90s generation. Many dropped out of school to start their own businesses, and gained many fans on the domestic Internet. To distribute 100 million to the employees, it is the existence of these people that strongly refute Ahri's rent collection model...