Font
Large
Medium
Small
Night
Prev Index    Favorite NextPage

Chapter 1576 Unexpected Siberian Tiger(1/2)

Just as Far East initiated a merger and acquisition offer for major retail groups, retail giants inside and outside the industry, even foreign countries, were paying attention.

Before, Li Dong gave up his department store business in the Beijing market, and many people thought he would take action soon.

But since I gave up after the annual meeting, it is almost July, and there has been no big noise in the distance.

However, on the last day of June, the sudden recovery in the distance made many people feel a little distracted.

This year, Yuanfang may reach the top ten retail throne in the world. According to external analysis, even if Yuanfang really loses money, in order to achieve the strategic goals of the top ten, it is very likely to carry out large-scale mergers and acquisitions plans.

The key is, who is the goal of the merger and acquisition?

Top 100 in Xiangjiang?

What's the beauty of North China?

A big merchant in the Northeast?

Or Gao Xin from South China?

As for Walmart, as the leading foreign-funded company in China and the other party's position as the world's number one retailer, the possibility of agreeing to the Far East M&A plan is very low.

The different merger and acquisition goals actually represent different strategic goals from afar.

If it is the Baijia, it means that the South China market will enter the distance, surround the South China region from Hong Kong and Macao, and encircle other large retail groups.

Mergers and acquisitions of Dashang and Wumart mean that the strategic goal of retail in the distance is moving northward. As Qi Yunna said, there is a plan to enter the European market from the north.

Different merger and acquisition goals mean different plans for the next step in the distance.

As for the simultaneous mergers and acquisitions, no one thought about it at this time. On the one hand, there was not so much capital in the distance, and on the other hand, outsiders also felt that Li Dong did not have such a big appetite.

Acquiring a company is not easy to pay. The integration of resources, store layout, personnel changes, and backend access are all major projects. It is very difficult to take over so many companies at once.

Moreover, the distance has been turbulent recently, and a large number of foreign systems have been introduced, so Li Dong is not afraid that the distance will become increasingly unstable?

While considering these, everyone is still paying close attention to which companies will agree to the M&A talks in the distance?

In recent years, it is an indisputable fact that China's retail industry has been fiercely competitive.

Even compared with other industries, the competition among retail and e-commerce has been the most intense in recent years. At this time, it is not necessarily true that large giants agree to withdraw.

From the blooming of flowers in the past few years to the present, Carrefour, Guomei, Suguo, Yonghui, Tesco, Lotte, Best Buy, Haoyouduo, Xinyijia... These companies withdrew from the withdrawal, those who were acquired were acquired, and those who went bankrupt.

Today, China Retail has formed a lot of strong situations.

At this time, the Far East continued to show its ambitions, and it was understandable that some companies chose to withdraw from the increasingly fierce Chinese market.

...

Just as everyone was concerned about these things, it was July.

On the first day of July, the China Enterprise Federation and the China Entrepreneurs Association released the China Enterprise Rankings in accordance with international practices.

The last time the top 500 list in the world was the world's list, and it was mainly the data results calculated by authoritative media such as Fortune.

All countries generally follow international practices and jointly publish the company rankings of their own countries by some official organizations and authoritative non-governmental organizations.

In the past, China released the list relatively late, and often it was around September.

But since the first two years, when the giant entrepreneurs in China stopped attending the list press conference, the organizers of the list realized that the process may be too slow and these entrepreneurs were unwilling to come.

Especially Li Dong, who even publicly said in the Entrepreneurship Club that the list in China is much more difficult than having a baby, and it doesn’t make much sense to watch it or not. He can count a detailed list data in three days.

As soon as these words were said, they were a slap in the face, which made the enterprise federations a little embarrassed.

But Li Dong's status is extraordinary, he said so, and others will not attend the list press conference.

Taking these into consideration, several organizations finally decided to reduce their processes and immediately released the rankings of Chinese companies after the list of the Fortune 500 lists, and by the way, they could also gain popularity.

So, on the first day of July, the ranking of Chinese companies was released in advance.

When the list was released, Li Dong actually didn't pay attention. He was waiting for the results in the conference room at this time.

Previously, news came out that on July 1, the staff union in the distance organized a demonstration to oppose unequal treatment in the distance.

Such large-scale demonstrations generally have to be reported to the government.

However, many times, such demonstrations organized by employees do not report at all and directly conduct raids. Many companies do not have enough time to deal with them because of this situation, and eventually the troubles become greater and greater.

Sometimes this kind of demonstration movement has good intentions, but in the end, it often turns into violent acts of smashing and smashing.

There are industries all over the country in the distance. Once you are in trouble, it is very likely that the participating employees will be affected by the on-site environment and eventually evolve into violent demonstrations.

...

Li Dong was waiting for the result, and other executives were also taking charge of the situation across the country.

The official also received news that on this day, a large number of police forces and a large number of negotiating experts were ready to intervene at any time.

Some big shots have also attracted attention. Once the Yuanfang Group, which has hundreds of thousands of employees, is likely to have a large-scale chain effect when it encounters problems.

Although arrangements have been made in the distance, Li Dong’s response is too tough, and many people are worried that his toughness will make things bigger.

Unfortunately, things happened too quickly and the response from afar was too fast. Before the official could participate, it had already reached the point of explosion.

At this time, the official has no other good way to ensure that the matter does not expand and not turn the demonstration into violent demonstrations.

Forced stop or force disperse, this is feasible. However, it is better to loosen the blocking. The more you block, the stronger the burst may break out later.

Instead of doing this, it is better to see how to solve the problem in the distance. If it is really impossible to resolve the problem peacefully, the official will appear and make the final conclusion.

Everyone understands that once the trouble reaches the end of the official position, the trouble will probably be a bit big in the distance.

In the conference room.

Li Dong said nothing, and the work team next to him was answering the phone and maintaining contact with various places.

The only thing that several executives who are still at home can do at this time is waiting for the results.

When Bai Su said that the ranking of Chinese companies came out, Li Dong frowned slightly and said, "What's the use of looking at these things at this time?

By the way, didn’t you say you would go to North China in July? Why are you still here?"

Bai Su was a little helpless and said softly: "The group has been in trouble recently. I am worried that Su Ya, who is a temporary substitute, will not go there for the time being."

Li Dong raised his eyebrows and said nothing.

Seeing that the atmosphere was a little solemn, Yuan Chengdao couldn't help but say, "Mr. Li, why not take a look, the rankings are not important, the key is the retail rankings on the sub-list.

Although the efficiency of these organizations in the Chinese Entrepreneurs Association is average, their statistics are actually more accurate than ours.

Especially for the data statistics of state-owned enterprises, there are generally no errors.

Since we are deploying on a large scale this time and preparing to acquire some companies, we still need to look at these data."

The data sources of the Chinese enterprise rankings are all official data statistics.

The official data sources are often statistically integrated based on the data reported by the company and the data paid by taxes.

If the company does not have tax evasion, the data will be extremely accurate.

State-owned enterprises generally do not deliberately conceal reports unless the leadership has its own purpose, otherwise it will be of no benefit to them if they report too much or too little.

For private enterprises, large enterprises have reasonable means of avoiding taxes, but it is generally rare to say that tax evasion is seldom. After all, in order to avoid taxes, people can easily get caught in the hands of doing illegal things in order to avoid taxes.

These data statistics are more accurate than those collected from far away, and even more accurate than those collected from Fortune.

There is still some value on the list.

Li Dong looked at the time after hearing this. It was still early and the demonstrations in various places were not sure when they would start, and even if there were any problems, he didn't have to sit and wait.

After Yuan Chengdao finished speaking, Li Dong looked at Bai Su and said, "Go and print a few copies and show them to everyone."

Bai Su had already prepared, and heard this and quickly distributed the documents in his hand with the staff.

Li Dong was the first to get it, picked it up and glanced at the first page.

The first page is the ranking of the overall list. Li Dong knows that it should not have changed much from the previous rankings of the Fortune 500. Since the list of the Fortune 500 is authoritative, the rankings of companies that have entered the list should not change anymore. What is really valuable is the rankings of those companies that have not entered the Fortune 500.

As expected, except for Hon Hai, Baodao, which was not included in the list, the Far Ranking ranked 16th.

Among them, three companies with revenue exceeding one trillion yuan, Petrochemical, Petroleum, and State Grid had revenue exceeding one trillion yuan.

In the distance, the revenue is 213 billion yuan, which is not much different from the previous statistics of Fortune.

Of course, this data does not include Guomei's performance, nor does it include the revenue of other cooperative companies. It is just the revenue of the far-far last year.

Even so, the revenue of more than 200 billion yuan in the distance is still very conspicuous.

On the first page list, Li Dong also saw many familiar company names, COFCO, Bailian, Huarun, Su Lin, Guomei, Lenovo... These companies are all ranked first.

As for Internet companies, Li Dong did not find any of them on the first page.

He was too lazy to turn down, so he flipped over the first few pieces of paper and turned to the retail sub-list.

In the retail sub-list, only retail companies are listed on it, which only calculates the revenue of retail businesses, unlike the overall list, such as the real estate, logistics, and Internet revenues.

The number one in the sub-list is undoubtedly the Far Retail.

Yuanfang Retail has become the well-deserved number one with a revenue of 195 billion. This ranking obviously counts Yuanfang’s b2c self-operated mall revenue.

Li Dong didn't care much about this. Whether it was calculated or not, everyone had a scale in their minds, but it was not that important.

However, the b2c business can definitely be considered a retail business, which should be recognized, and it is not impossible to count it. Li Dong has actually been counting it all the time.
To be continued...
Prev Index    Favorite NextPage