Chapter 1696 Li Dong's Charm(1/2)
At the end of May 2009, Fortune released the top 500 list in the world.
At that time, Yuanfang Holdings Group ranked in the top 500 280 with revenue of US$30.5 billion.
The only one that China entered the top ten is Petrochemical, with revenue of US$207.8 billion, ranking ninth in the world.
However, even petrochemicals are far away from the top three in the world.
In the 2009 list, Walmart dropped from the world's number one to the third place, with revenue of US$405 billion.
At that time, Walmart's revenue was more than 13 times that of the entire group in Yuanfang!
Not to mention the base of tens of billions and billions, even if it is one millions and tens of millions, few people can make more than ten times more leaps.
Even if everyone knows it, Li Dong is a myth.
But after all, I started too late and I was too young.
Compared to Walmart's half-century accumulation, it is an incredible myth for Li Dong to be able to pull the gap between the two sides to within 20 times in just a few years.
As for the transcendence that Li Dong and the far away shouted to the outside world, it was more of a kind of morale encouragement.
But after 2009, many people suddenly became a little dazed.
Maybe... Li Dong is really not bragging.
Can Yuanfang really surpass Walmart in revenue?
In the past, almost no one thought there was a possibility, even if there were, it might be ten years later, or twenty years later...
At that time, Li Dong was actually still young, and everyone valued the future more.
But now, it turns out that maybe it won't take that long.
In 2009, Yuanfang plus the acquisition of enterprises, its revenue has exceeded one trillion mark!
Nearly US$150 billion in revenue instantly brought the previous gap of more than 13 times to less than 3 times!
Since 2004, the distance has started from scratch. At that time, Walmart has become the world's number one, with revenue of US$288 billion.
After six years, the distance has changed from zero to $150 billion.
Walmart has also changed from US$288 billion to US$405 billion, which may be higher in 2009.
Judging from the revenue growth of the two sides, the difference is not too big.
But from the perspective of the increase alone, there is no comparison.
Walmart has the foundation, and over the years, the increase has been less than 100%. The base is too high, and it is difficult to achieve double growth.
But in the distance, there is no growth rate of less than 100% in any year.
In just a few years, the distance has quickly narrowed its distance from Walmart.
The gap is nearly 3 times, but because of the base, it is still like a natural barrier, but at this moment, many people believe that Li Dong can really surpass Walmart as he said!
Moreover, according to the 2009 list statistics, the distance is enough to enter the top 20 in the world's top 500.
In 2009, General Motors, ranked 18th, had revenue of US$149 billion.
Although the annual data of the Fortune 500 companies are different, the top-ranked large companies have not increased much, after all, the base is already extremely high.
Even if you cannot enter the top twenty in the distance, the top twenty is still stable.
It took six years to go from nothing to the top 30 in the world.
How much time will it take to go from the top 30 to the world's number one?
There was a lot of discussion on the Internet.
Some people say: "Three years is enough, Brother Pao was born for a miracle."
Some people also said: "The distance is almost at its limit. Almost all of the top ten retail companies in China have been swallowed up. It is too difficult to make leaps and bounds like in 2009!"
This is not a lie, but a fact.
The reason why Fargo made rapid progress in 2009 was that it had taken over too many companies.
Among the top ten retailers in China, Guomei, Gao Xin, Dashang, Huarun, Wumei, and Wushang League have acquired six companies in a year!
In addition, Yuanfang itself occupies one of the top ten retail companies, Yuanfang Family occupies seven seats.
Now there are only three remaining companies, including Bailian, Sulin and Walmart.
Even if these three companies continue to be reborn in the distance, the increase is not as much as imagined.
It is even more of a drop in the bucket for surpassing Walmart.
Although many people believe that Li Dong can create miracles, they do not think that under this situation, Li Dong can bring tens of billions of dollars in revenue to the distant places for no reason.
Although the distance is only a few times the distance from Walmart, in fact, there is still more than one petrochemical distance between the two.
Can Li Dong build another petrochemical within three years?
There are people who blindly trust Li Dong, but after all, there are rational people who don’t think there is much hope.
However, some people have analyzed that there is not necessarily hopeless.
E-commerce is developing rapidly. The reason why Yuanfang's revenue increased so much in 2009 was that in addition to acquiring the above-mentioned companies, more importantly, Yuanfang Mall brought countless miracles to Yuanfang.
Not counting as a third party, the self-operated business alone has brought about about 300 billion in revenue to Far East.
In 2008, Yuanfang Mall's self-operated business transaction volume was less than 100 billion yuan, or about 90 billion yuan.
The increase in the offline market of Yuanfang is mainly due to mergers and acquisitions.
The online increase is so high, which is not the reason for mergers and acquisitions. The proportion of Tmall’s self-operated business is not high, mainly because of the increase of Yuanfang Mall.
This has a lot to do with the development of mobile Internet in 2009. Since September, the proportion of mobile shopping has become higher and higher.
By November, during Double Eleven, this proportion increased significantly.
By December, the proportion of mobile Internet shopping has reached 30%. This significant increase is enough to show that the effect of promoting the development of mobile Internet in the long run is extremely obvious.
It was not until this moment that many people realized that Li Dong's vision was indeed very long-term.
Fargo promoted the development of mobile Internet in advance, and many people thought that Li Dong was mainly for oppo. After all, oppo was the largest provider of smart phones at that time.
But when we competed with Teng Xun and WeChat made its mark, some people thought that Li Dong was just trying to plot against Teng Xun.
However, at this time, when various projects of Yuanfang Technology, including other systems in Yuanfang, were profiting from the mobile Internet, many people realized that Li Dong was not promoting a single project, but for the entire Yuanfang.
In the mobile Internet field, the far-reaching area is the first to promote it, and naturally it is the party that makes the most profits.
Today, various industries in the distance occupy a leading position in the mobile terminal, including the terminal market.
Although oppo is not a property under Yuanfang, everyone knows that Li Dong has shares in oppo.
An emerging industry can no longer be used as a single field. Such a big industry is almost monopolized by a distance, which is so terrible.
With such a foundation, can't you really surpass Wal-Mart in the distance?
...
This issue is not just discussed by the outside world.
In the distance, there are actually discussions.
In 2009, when the top 500 list of the world came out, Yuan Chengdao and others went to meet Li Dong once.
At that time, Li Dong said that he would surpass Walmart within two years.
On the spot, everyone was stunned and thought Li Dong was joking.
Yuan Chengdao even refuted Li Dong on the spot that it would be amazing that the revenue of Yuan Chengdao's plan would end in 2009.
Even if it reaches 500 billion, it is as far away as a barrier to Walmart.
Walmart, whose revenue is close to 3 trillion yuan, is it so easy to surpass?
In Yuan Chengdao's opinion, it is best not to have such thoughts within ten years.
But now, it turns out that as long as you dare to think, there is nothing you can't do.
At the end of 2009, Far East's revenue exceeded one trillion mark. Although Far East has increased its debt by hundreds of billions of dollars, it is also a skill to borrow money.
At this time, Yuan Chengdao was a little shaken.
From the beginning, he was completely unbelievable, to the present, he was a little shaken. Two years later, 12 years, can he really not surpass Wal-Mart?
Yuan Chengdao threw this doubt to Sun Tao.
Sun Tao, who had just returned from his honeymoon, heard Yuan Chengdao's question and thought for a long time before replying: "Whether you can surpass it is no longer Mr. Li's problem, but our problem."
Yuan Chengdao was stunned for a moment, and then suddenly felt the pressure like a mountain!
Yes, this is no longer Li Dong's problem.
Since Li Dong put Ceo's name on him, everything has been transferred to him.
Li Dong has done what he said, even more successful than what he said, and achieved trillions of revenue in 2009.
At this time, the goal of surpassing Walmart is to him, to the new team, not Li Dong.
Sun Tao's words instantly made Yuan Chengdao feel a little suffocating and oppressive.
In the past, they had been looking forward to Li Dong leaving and giving them space to display.
To be continued...