Reborn Entrepreneurial Giant

Qu Li really wants to spin off Time and Jumei. The genes of the two companies are different. One has a smart model of "light assets" that values ​​cultural creativity; the other has a stupid model of "heavy assets" and is based on supply chain management.

The "Time Paradise" project, which includes the "Eye of the Earth", is an attempt to integrate innovation. Time Jumei's IP and software, Honor's hardware, and the application of black technologies such as virtual reality to the theme park.

Fortunately, Qu Li's influence has been strengthened during the plague, and this level of corporate cooperation will not be too time-consuming to promote.

Other companies are changing from reality to reality, but Qu Li likes to switch from reality to reality, and business operations are not affected by "seriousness".

When Jumei acquired Carrefour, no one understood it. It wasn’t until Wal-Mart acquired Whole Foods and Ali invested in Sun Art Retail that many people discovered that Jumei had opened an era. Jumei, who was not in a hurry to make money, took three years to finally fully control Carrefour. Whether it was internal management, supply chain, or product quality supervision, they were all integrated into the Jumei supermarket system.

Unfortunately, the epidemic hit just as things got better. Because of Carrefour, Yonghui sold its shares to Goose Factory last year and made a fortune, but the two sides still retained some cooperation, such as Super Species.

It is difficult to combine "freshness" and high-end ingredients. It is not a problem to grow bigger, but it is difficult to have a viable business model on how to make money. Yonghui's super species is always short of breath compared to Hema. So taking advantage of Goose Factory's investment, they sold Super Species to Jumei Supermarket.

Losing money is inevitable, and we have not yet figured out how to make money. However, the outside world believes that if anyone in China can do this business well, Jumei must be among them. A globally integrated supply chain, more private brands and lower commodity circulation costs can bring higher gross profit margins to companies.

You must know that Quli also has photovoltaic cattle and sheep, sea-water rice, sea buckthorn drinks, "freshness" from the frontier, etc., plus the vigorous development of Juhuasuan and community group buying to share costs, so Jumei membership stores and Super Species can maintain better performance than their peers. low cost

Some people say that Shiguang Jumei’s strongest strength is not its supply chain management, but its internal cross-department division of labor and cooperation capabilities, which are the strongest among all enterprises. This is not unreasonable. They also concluded that this is the credit of the "middle platform", and some people say that it is the credit of the enterprise's digital information management.

As more and more people leave Time Jumei, the outside world learns more about them. The construction of institutionalized processes is accompanied by digital management. Now a large number of approval processes can be completed on mobile phones.

But Qu Li believes that this is the benefit brought by the job rotation system. After all, the company is managed by people. The project leader himself has connections in various departments and is familiar with the internal situation, so he can get twice the result with half the effort.

Unfortunately, the more people participate in job rotations, the greater the demand for them from the outside world. Many people are poached by high salaries, which makes many people internally criticize this system. The cost-effectiveness of cultivating talents in this way is too low, and training fees cannot be charged...

But Qu Li still feels that he must persevere. A large-scale enterprise like Time Jumei should be a complex ecosystem, with people and birds of all kinds, and they should have the courage to be tolerant. After all, it is the company that pays for it, so it can completely reduce the cost. Some insignificant benefits and benefits can save resources and invest them in talent training.

In the complex ecological environment of Time Jumei, working hours have become more and more flexible. This may be the impact of time. Qu Li injected different corporate cultures into the two companies from the beginning.

Taking advantage of the progress of the theme park construction plan, Qu Li returned to the headquarters of Time Jumei to learn about their changes. At the same time, he received a lot of compliments, commonly known as flattery!

If there is an opportunity to make money while contributing, most people in the country will take the initiative to fight for it and feel deeply honored. As the epidemic spreads, many people in Time Jumei have proven their worth with practical actions. As for Qu Li, he continues to create his own miracles outside.

In fact, the development of Time Jumei is not slow at all, especially now that the domestic business of Ali and other companies has slowed down, they have opened up one battlefield after another, from supermarkets to convenience stores, online and offline O2O, various retail formats are fully blooming in the country .

As for foreign countries, after so many years of accumulation, Shopee has once again entered a period of rapid development. In the United States, it has successfully become the second largest B2C e-commerce website after Amazon. According to platform statistics, it lags behind eBay and is the third largest e-commerce website in North America.

Shopee is still the largest e-commerce company in Southeast Asia, and the Coupang it invests in is the largest e-commerce company in Kimchi Country. Even in the EU, after many adjustments, it chose France as the focus, communicated with Spain and Italy, and gave up Amazon's strong UK and Germany, and then Focusing on Greece, it will penetrate into the markets of Southern Europe and Turkey.

Shopee's largest logistics center in Europe is in Marseille, France, followed by the Port of Piraeus in Greece, and then Rotterdam in the Netherlands, where there is a Benelux economic zone with a developed market of 30 million people.

The e-commerce infrastructure has already been built, but just in time for the global pandemic, the e-commerce industry has encountered a good opportunity for development. Let's put it this way, the scale of French e-commerce in 2019 is about 100 billion euros, and it will be about 150 billion in 2022. EUR. Domestic online retail sales in 2019 were approximately 10.6 trillion yuan, and in 2022 they were approximately 13.8 trillion yuan...

Shijimei is almost destined to become the leader in the global e-commerce market, and there is no suspense about becoming the third in the cloud computing market. It is also the leader in global mobile payments. After the collapse at the beginning of the year, the company's market value now exceeds 600 billion US dollars, second only to Apple, Microsoft, Google, and Amazon are pretty much the same.

Yes, due to the competition from TimeJumei, the market values ​​of Amazon and FB have declined to varying degrees. However, Qu Li, with a net worth of more than 250 billion US dollars, continues to retain the title of the world's richest man.

At this time, Shijimei does not believe that e-commerce business, cloud computing and social entertainment business revenue has reached its peak. For example, Instagram is one year later than in history, and its revenue last year exceeded 10 billion US dollars. The key is that the growth rate is very fast. .

It’s not all good news. For example, Indian people still ban WeChat and Instagram, even though the main operators of these two apps are in Singapore. In desperation, Qu Li had no choice but to ask Honor to re-examine the risks of Indian investment and interrupt the operation of the two apps. India plans to manufacture mobile phones and sell them to other companies.

Fortunately, although there are many users, they only account for a small proportion of revenue. Instagram users are mainly from Europe, America, Asia-Pacific, and South America. As for WeChat, it does not exist to make money.

This is not the only bad news. Several attempts to target Instagram have failed, and the entire platform ecosystem has been formed. A large number of Internet celebrities have made money on Instagram, and they cannot be blocked even if they want to. Tik Tok and WeChat must be banned directly. The Li family is worried that Time Cloud’s European business will be affected. So he asked to withdraw his shares

Maybe it’s because of the success of Instagram that Guangzhou is generally optimistic, but Qu Li asked them to prepare for the worst!