Silicon Valley

Vol 2 Chapter 592: China e-commerce

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After Henry and the chairman had dinner, they chatted in the study, and the two talked for more than two hours before it ended. During the delta period, Henry reached a strategic cooperation agreement with China on behalf of the Williams Empire.

The Williams Empire recognizes "One China" internationally, while China recognizes the political status of the Williams Empire, helps the Williams Empire join the United Nations, and recommends the Williams Empire as the sixth permanent member state. Taking into account the influence of the Williams Empire in Africa, China also feels that with the status of the Williams Empire today, it can become a permanent member of the United Nations. Moreover, none of the African countries is a permanent member of the Council. It is reasonable for an African country to become one of the permanent members of the United Nations. Under comprehensive consideration, the Chinese government agreed to Henry's request, but did not give a positive reply as to whether it would succeed. However, Henry only needs to be supported by China, and he will look for the support of other countries.

At present, there are 5 permanent members of the UN: the United States, the United Kingdom, France, Russia, and China.

Japan wants to enter a permanent member state after cutting its head, but it has been failing. The Japanese government today does not respect history, distorts historical facts, and does not seriously reflect on the crimes of aggression committed in Asia during World War II. A country like the Japanese government that is irresponsible to history, does not plead guilty, does not apologize, and does not face up to historical facts is not eligible to be a permanent member of the UN.

As for how to be elected as a permanent member of the UN, all members of the UN General Assembly must vote and obtain two-thirds of the support to be considered a success. Many countries use China as a saddle, and China supports the Williams Empire. Naturally, many countries support the Williams Empire.

In addition to political cooperation, the two sides have strengthened trade transactions, cultural transactions, military exchanges, etc. To facilitate exchanges, both countries are exempt from visas!

In the next four or five days, Henry and the Chinese side began to discuss some details.

These things don't need Henry to take care of them one by one. He took out his free time and started to understand his business in China.

The Hengdian business exhibition is in full swing and has now become China's largest film and television shooting base. Imdb Plaza has established 145 imdb Plazas in China, while its rival Wanda Group has only 12 Wanda Plazas. I am afraid that the dream of richness is far away. Is the "small goal" of one hundred million still small? Williams Hospital has blossomed all over China and has become the most reliable hospital in China, with 1,332 hospitals, while Putian hospitals are struggling to survive, exhibiting very slowly, and they are often exposed because of ill-fated patients, causing serious damage to their image.

At this time, iSejing completely withdrew from the Chinese market, and Baidu became China's largest search engine company, almost monopolizing the entire Chinese search engine market. im instant messaging iq is the dominant player, with 350 million Chinese users, and its status is unbreakable.

Many newcomers have emerged in the area of ​​e-commerce, such as Jingzhuo and Dangdang. China’s market is huge, and the stickiness of e-commerce is not as strong as that of search and social networking. Generally, differentiated competition can still break a blood path. Foreign capital is also keen to invest in Chinese Internet companies. At present, China's e-commerce competition is particularly fierce, constantly burning money, surging sales and scale, and most e-commerce is making money at a loss.

In this life, because the Nicholas International E-commerce Group entered the Chinese e-commerce market early, it is dominant. The Taobao website established by Jack Ma was very miserable from the very beginning. SoftBank's huge investment in Taobao has not seen a return until now. However, SoftBank is also casting its net everywhere, and it is also one of the shareholders of Dangdang.com. Dangdang started selling books online. At that time, there were hundreds of online bookstores. Dangdang finally stood out. In 2000, Dangdang received $80 million in venture capital invested by idg, Softbank and others from Xiangdang.

"Your Majesty, Amazon once offered Dangdang for a purchase price of US$200 million, but the other party refused!" Nicholas International e-commerce eo Geely Hutt was in China at this time, so Henry called him over to find out about the company. . Nicholas International E-commerce also started with an online bookstore at the beginning, so pay attention to Dangdang grid and want to acquire it.

Henry didn't care too much about Dangdang, and casually said: "It's okay, it doesn't matter if the acquisition is successful." Henry changed the conversation and asked specifically, "What is the current situation of Taobao and JD.com?"

"Taobao currently occupies 9% of the market share, ranking only behind Nicholas International E-commerce in China. And JD...?"

JD.com is not well-known now. Liu Qiangdong only entered the field of e-commerce in 2oo4. He was originally named as "Jingdong Multimedia Network". In November 2005, the daily order processing volume of JD Multimedia Network exceeded 5oo. A little bit of data can't attract Geely Hutt's attention. He thought about it for a long time, but he didn't think about what company JD.com was.

Henry waved his hand and said: "Okay, I will send someone to pay attention to it. If it can acquire JD.com wholly, it will buy it directly; if it can't, then suppress it!"

"Okay, Your Majesty!" Gilly He had a slight embarrassment on his face because he could not answer Henry's question.

Henry thought now.

JD.com has not yet formed a scale. Now it is more difficult to develop into a former JD.com. The most urgent task is to solve this confidant problem of Taobao!

Ma Yun is a bit awesome~www.readwn.com~ Taobao is in his hands, and Henry dare not take it lightly.

"Who are the shareholders of Taobao, and how many shares do they hold?" Henry asked in a deep voice.

"Softbank is the largest shareholder of Taobao.com, holding 4o% of the shares. Jack Ma and his team jointly hold 35% of the shares. The three venture capital companies idg capital, sequoia capital, and dm capital hold 1o% and 9% respectively. %, 6% shares!" Gillicht shook his head and said, "Your Majesty, if you want to buy Taobao shares from SoftBank, I am afraid it will not be easy..."

"Go on, why is it not easy!"

Gilliher characteristically nodded, and said: "In the Internet industry, e-commerce is the most expensive. Taobao has little funds left. It is preparing for the third round of financing, and SoftBank is also leading the investment at this time. It is expected to invest 1 100 million US dollars to develop Taobao! Through this financing, you can see Softbank's determination to hold shares in Taobao. Therefore, it is very difficult to buy shares in Taobao from Softbank."

"Well... according to that, it is true."

Henry couldn't help thinking. After a while, he raised his head to look at Gillicht and said, "If SoftBank doesn't raise funds for Taobao, then Taobao will face financing difficulties and a desperate capital chain break. You said, Can we buy Taobao in one fell swoop?"

"Your Majesty, if this is the case, then the possibility of our acquisition of Taobao is indeed very high!" After Gillicht finished speaking, he asked in confusion, "But your Majesty, SoftBank should not give up this lead investment!"

Henry snorted softly, "Softbank is just a wild dog I raised. I fed it a bone at the beginning. Now it's time for it to pay it back!!!"

(I stayed up late last night, today I was too sleepy and only changed 3 chapters, tomorrow at least 3 chapters)

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