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Chapter 1600 Questioning and refuting(1/2)

Teng Xun's roadshow attracted the attention of global IT elites.

In fact, even if you pay attention, there is no need to come in person among these international IT giants.

The reason why they were asked to come in person was not only Teng Xun, but also because of Teng Xun's current leader Li Dong!

The name titan lee is now synonymous with legends around the world.

The world's richest man, only 24 years old, started from scratch and won every battle...

These words have long been deeply rooted in people's hearts and are enough to allow big entrepreneurs around the world to analyze Li Dong and value Li Dong.

Although the industries in the distance are not fully deployed around the world, Weibo and WeChat alone are enough to make everyone pay attention to it.

Faebook's Zuckerberg was in the limelight in the past two years, but the international IT industry was actually looking at him before.

But the distance in China suddenly rose from industry to the it industry, quickly expanding the it industry.

Nowadays, no one in the world's big names in business circles will say that they don't know Li Dong.

Zuckerberg, a rising star in the IT industry, has now replaced his status by Li Dong, and his hopes of regaining it are very small.

Some elites in the IT industry actually wanted to meet Li Dong a long time ago.

Unfortunately, over the years, except in 2006, Li Dong went to Europe for a walk, and has not been abroad for three years.

It is much more difficult to meet Li Dong than to meet Bill Gates and others.

Just so happened that Teng Xun resumed trading and was about to stage the world's largest technology stock financing plan. In 2009, the impact of the financial crisis had not yet passed, and these IT giants also wanted to see if this miracle would happen.

In the end, without prior contact between the parties, these heavyweights rushed over almost at the same time.

...

The international IT giants actually have a great relationship with China.

Lei Jun has been in charge of Zhuoyue.com before, and Zhuoyue was also acquired by Amazon in the hands of Lei Jun.

Tan Haiying, the president of Yuanfang Mall, and EBay, which was founded by Shao Yibo, was also acquired by eBay.

In addition, some Internet companies in China have investment international financial institutions behind them, and these financial institutions have also invested in internationally renowned IT companies.

Today, most investors in financial institutions have arrived. With them here, they are here soon. Even if they are not familiar with each other, in a short while, these global IT elites became familiar with each other and started chatting.

At Teng Xun's promotion meeting, it is obviously impossible to talk about Li Dong without talking about it.

When Zuckerberg mentioned Li Dong, in the crowd, Ma Yun smiled in smooth English and said, "mark, don't say the title of titan lee in front of him.

The dispute between him and Forbes has not come to an end yet. If you don’t want to be entangled by him, it’s better to just call him Li Dong.”

"Li Dong..."

Zuckerberg is actually not unfamiliar with Chinese. His current girlfriend is Chinese. Although his girlfriend is just average in Chinese, his girlfriend's family and elders are still used to communicating in Chinese. Zuckerberg is influenced by his eyes and is not very good at speaking, but he can still understand it.

He chanted Li Dong's name in Chinese that he was not very skilled. Zuckerberg nodded seriously and said, "Since Li doesn't like it, I'll call him Chinese."

Seeing that he became serious, the others laughed, and Li Yanhong smiled from the side, "It doesn't matter whether he likes it or not. If you can bring benefits to him, you can do anything.

He cannot bring benefits to him, he is a very revengeful person."

"Hahaha……"

Everyone laughed again, and almost all the IT elites present were in English.

Those who do IT work generally have not a low education level. Many people have study abroad experience. In addition, they often deal with these capital institutions, almost everyone can speak proficient English.

In Xiangjiang, when meeting foreign investors, almost everyone speaks English, which has nothing to do with patriotism or not.

In this situation, it will be troublesome to make the translation work if you have to add anything to it.

Of course, in some public occasions in the Mainland, especially in public speaking, if these people still speak English at this time, they may be condemned.

After chatting for a while, the Amazon vice president asked: "A few days ago, Yuanfang announced the results of their e-mail store. In two quarters, the transaction volume reached 20 billion US dollars.

China's e-commerce market seems to be developing too fast."

These words actually have a lot of doubts in it.

In two quarters, revenue of US$20 billion was nearly RMB 140 billion.

In fact, the distance has not falsely reported much. With the transaction volume of b2c plus c2c, the real transaction volume has indeed reached more than 130 billion.

But this speed is indeed terrifying.

You should know that in 2007, the total scale of the Chinese online shopping market was only about 100 billion.

In 2008, due to the existence of the distant place, the development speed was much faster than in previous lives. Both the treasure and the distant place created more than 100 billion transaction volume, and the transaction scale of the entire online shopping market finally reached more than 300 billion.

But now half of it has passed in 2009. Yuanfang claims that the transaction volume of the online shopping market has reached 140 billion. Alibaba has also announced that the transaction volume has reached 100 billion.

Coupled with the data from other platforms, in the first half of 2009 alone, the scale of China's online shopping market was the same as last year, close to the 300 billion mark.

At this development speed, over the whole year, the scale of China's online shopping market may eventually exceed 650 billion yuan, or even exceed the 100 billion US dollar mark.

This is unbelievable.

How many years have passed?

In fact, China's online shopping platform is not as early as possible abroad. Even EBay, the recognized founder, has been established in 1999.

Amazon was founded in 1995, and ebay was also founded in 1995. Both of them were much earlier than China. Shao Yibo returned to China to create eBay, but in fact he was following eBay at that time.

When Shao Yibo returned to China, his slogan to the outside world was to build China's eBay.

It can be seen that the Chinese e-commerce market started at least about five years later than abroad.

But now, in China's online shopping alone, the transaction volume has hoped to exceed US$100 billion in one year. In fact, this data has surpassed the United States.

As the number one in the e-commerce field, Amazon has also seen good performance growth over the years. In 2008, Amazon's annual revenue was US$20 billion.

In the first two quarters of this year, Amazon's revenue reached US$13 billion, an increase of already very high.

But as a global e-commerce platform, it was left far away in the blink of an eye. Who can believe it?

You should know that Yuanfang is now just doing business in China. Is China's consumption potential and online shopping development really so fast?

The global attention is actually paying attention to the data released from afar.

How much moisture is Yuanfang E-commerce Company, which claims to have a revenue of US$20 billion in half a year, is also something that many people question.

Amazon is questioning, while Meg, who is on the side, doesn't believe it at all.

Why?

Because as the world's second largest e-commerce platform, ebay's revenue in the first half of the year was less than US$5 billion.

Yuanfang's revenue in half a year was 100% higher than their annual performance.

Of course, Meg had resigned from ebay at this moment. Although he didn't believe it, he didn't say anything.

They didn't believe it, but Ma Yun said with a serious look: "The market in China is broad and has a bright future!

China has the largest population in the world and also has potential beyond imagination.

Data released by Yuanfang E-commerce Company is $20 billion, which includes their C2C business.

Just talking about the b2c platform, according to my understanding, Yuanfang Mall's revenue in the first two quarters also exceeded US$13 billion.

Of course, the far away is now taking the road of small profits but fast sales, and the profits are not as high as you.

But in China, e-commerce is actually in its infancy and has not yet bloomed and bear fruit…”

As a Chinese entrepreneur, you can compete with Li Dong in private and question the authenticity of Li Dong's data. At this time, facing international giants, even if it is true or false, it is true.

What's more, Yuanfang Mall's revenue in the first half of the year is a fact. As a b2c platform, it is also the pride of China's self-operated business to achieve this scale, which is actually there.

However, the profit margin in the far side is indeed very low. For example, ebay has revenue of US$5 billion in the first half of the year, but its profit is as high as US$1.2 billion, with a profit margin of 24%.

Of course, ebay is actually an exception. Amazon's profit margin is not high, similar to that in the distance.

But now, people don’t look at profits. For investors, the profit is a matter of the future.

The most urgent task is to seize the market, increase revenue, and improve the layout.

When you seize the market, it will be a matter of time sooner or later.

ebay's high profit margin has restricted their development, and the multiple charging standards have made it difficult for them to expand, and their expansion pace around the world has been greatly restricted.

The defeat in China is actually a clear proof.

After Ma Yun finished speaking, Lei Jun, who was the helmsman of Zhuoyue.com, also said at this moment: "Miles, in China, there is a saying that without investigation, there is no right to speak.

Just question a company's business data, provided that you have detailed evidence to prove that this data is indeed fake.

If not, it is true.

Amazon is indeed doing well, no one will deny this, but you must also admit that Yuanfang Mall is doing better.

It is actually incomplete to prove whether a company is good or bad by income.

However, the model in the distance has been well received by all consumers and has proved their value to all e-commerce companies. This is enough for us to learn, what do you think?"

The two of them refuted one after another. Amazon's vice president pondered for a moment, did not argue, but nodded and apologized: "Sorry, I'm too one-sided.

However, although Amazon's business in China has increased, it can increase little..."
To be continued...
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