When I am reborn in Hong Kong, I just want to lie down

In addition to Ameijing, there is a similar company, but this company is not an online commodity trading company that operates its own products and establishes a logistics company, but is like a platform company, and they are just a service provider.

The service objects of this company include the second-hand trading area for personal items, and there are also some companies that sell their own goods on it, two different styles. However, this company is an asset-light company, but it is now profitable.

Hao Emai Company is also located in the Technology Entrepreneurship Park, but it occupies a very small location, only one floor. However, their servers are not much less than Amejing.

They cooperate with express delivery giants in North America and are responsible for providing door-to-door services and low-cost express delivery services to sellers who are good at E-Buy, allowing them to maintain their competitiveness with Ameijing.

Two online sales companies were born in the Entrepreneurship Park at the same time, but their relationship was very bad. The situation was very similar to the situation of the two companies across the Pacific Ocean. Those two companies also disliked each other very much.

Wall Street analysts weighed in on both companies.

"These are two companies of the same nature, but their development concepts are different. One focuses on the present and the other focuses on the future. However, both have the need to invest."

Hearing the analyst's words, Wall Street elites immediately became energetic and immediately asked the other party to analyze the difference.

The analysis began to list the key points: "Mainly in terms of logistics and warehousing, a company's logistics is self-built and has a huge warehouse. All goods are purchased by them themselves or entrusted by the manufacturer to sell them. From Ameijing's From a development point of view, it is directly proportional to the speed of goods reaching customers. For example, in the initial stage, it takes one week for Ameijing’s goods to reach customers; and when it takes three days for goods to reach customers, look at this The curve is now 45 degrees upward from the original [-] degrees; when it takes two days for the goods to reach the customer, the curve is [-] degrees, and the development speed and profitability have reached an adjusted development. Now, they are moving towards one day It is developing in the direction of one-day delivery in some areas. It is developing very fast. Unfortunately, Pacific Rim and others got there first."

The analyst paused for a moment, took a sip of water, and then continued: "Hao E buys this company. This company does not have a logistics company, nor does it have warehousing and other raw assets. They coordinate the sales, logistics, and buyers to become Their bond is equivalent to an intermediary service provider, but this company does not have any assets. I don’t know why Pacific Rim’s valuation of it is also very high. What is the reason? We may need to conduct further investigation to find out.”

A Wall Street boss applauded and then said: "Thanks to the analysts for their wonderful analysis. Through these materials, we found that there must be something we don't know about these two companies. Now, immediately, immediately, go I will use all possible means to investigate these two companies, and I want to know the reason as soon as possible."

Hearing that the boss was angry, everyone in the office immediately dispersed like birds and beasts, and went to discover the secrets like paparazzi.

In business investigations in novels, movies and television, they use technical analysis to find the truth from clues. They investigate and visit like a detective, which is very high-level.

In reality, business research is...

"Hi, Mike, I heard you work in Ameijing? Do you have time to come out for a drink?"

"Hi, Jane, where do you work now? How about E-Buy? It's an online company. I've also bought things there. Why don't you come out when you have time? I know there is a very good coffee shop in Los Angeles. Let's go out and have a drink. How's it going? Are you busy at work? You need some rest, too."

In a bar, Mike was called out.

"Hi, Mike, I want to know something about your company. Why is your company so indebted, and why is Pacific Rim still willing to invest in you at a high valuation?"

Mike said: "Brother, although we are neighbors, classmates in elementary school, middle school and college, and members of fraternities, this involves business. You know, business secrets. I will be fired. No company will want me in the future."

"Fifty thousand dollars, brother, do me a favor."

"It's very difficult for me, you know, I worked very hard to get the job I have."

"One hundred thousand dollars, brother, you are a middle manager, if something goes wrong, I can help you find a new job."

"It's not about money..."

"One million dollars."

"OK, deal!"

On the other side, in Los Angeles, downtown, in a coffee shop, the same thing happened.

That night, the Wall Street boss got what they wanted. Looking at the two investigation reports, his eyes lit up. Why didn't he think of it?What a genius idea. Isn’t this the online version of Wal-Mart?The other one is not an Internet service company, but a financial company. These two companies are really bad guys.

The two reports were written very clearly, making the Wall Street boss's eyes shine.

Ameijing requires a huge amount of money to build warehousing and purchase logistics companies. It is really huge. The debt has reached the current US$800 billion, which has dropped by US$100 billion. However, the annual turnover has also reached It cost an astonishing $[-] billion, so what’s the trick?

That is, Ameijing's account period is five months. It was originally half a year, but now it is except one month. This is one of the reasons for the reduction of its liabilities, and it is also a sign of rising profitability.

He uses the funds from this account period to build logistics and warehousing. This is a smart approach, just like Wal-Mart, which he once invested in. Did Wal-Mart also use the manufacturer's funds to build its own stores?

These two companies have different approaches but similar purposes. It is not an exaggeration to call them the Wal-Mart of the Internet.

How can another company be a financial company?

Among the major shareholders of Good E-Buy, one company caught his attention, and that was Silicon Valley Bank. This company was not only a shareholder of Good E-Buy, but also a strategic partner. It also appeared on Ameijing’s shareholder list. , it’s just the other party’s bank, which is relatively simple. But in the company Hao E Buy, the value of Silicon Valley Bank is different. It provides short-term financial management for Hao E Buy.

For HaoEbuy buyers, after purchasing the goods, the payment is guaranteed. It will take a certain amount of time for the goods to reach the customer. After the customer receives the goods, there will be a verification period before confirming receipt. If the other party exceeds one week, After confirming the receipt of the goods, the funds for the transaction will be deposited in the account of Hao E. After a week, after the receipt of the goods is automatically confirmed, the payment will not reach the seller immediately. It will take about a week to reach the seller's hands.

The logistics company's fees are settled once a month, yes, once a month. The seller's price includes logistics fees, and this fee is also retained in the HaoEbuy account.