Reborn Entrepreneurial Giant.

Chapter 161 Torch Relay

The biggest event in 2008 is of course the Olympic Games, especially in China. The Olympic Games were held in Beijin. This is a grand event that has not happened in a century and has entrusted many special feelings of the Chinese people. Therefore, the news that the Olympic torch relay was blocked overseas reached China. Extremely outrageous.

Qu Li, who has a net worth of tens of billions, could only stare blankly when encountering such a thing. Then the Olympic torch relay came to Yangcheng. Qu Li and Chen Danlin, as the most well-known young entrepreneurs in Yangcheng, were lucky enough to become one of the torch relayers.

Knowing the news, Qu Li flew back to Yangcheng and was cordially received by the head of the local government in Yangcheng.

"Are there any difficulties in the development of Jumei?"

"Can we talk about everything, or should we just talk about the difficulties related to the imperial government?" Qu Li took advantage of his youth to pretend to be stupid.

"You can tell me anything. Even if I can't help, I can still give you some advice."

"Okay, I really said it." Qu Li saw that the other person was not angry, but smiling, and he really let go and said

"Jumei currently has many problems. Bill Gai said that Microsoft will always only have 18 months from bankruptcy, and Jumei may not have eight months from bankruptcy. Our ability to resist risks is very weak..."

"The biggest problem comes from me as a founder. I am too ambitious but do not have the strength to support my ambition. The development of the company and the growth of team members take time, but I have been urging him to leave and start internationalization. How can I restrain myself? Ambition..."

"Secondly, there are external factors. The macroeconomic situation is not good. The destructive power caused by the U.S. subprime mortgage crisis may exceed many people's imagination. Some of my financial friends have been collecting financial innovations in the U.S. subprime mortgage market since last year and found that Bell The acquisition of Stern is just the beginning. Lehman and Merrill Lynch are likely to go bankrupt or be acquired..."

"Well, what I want to say is that with the financial crisis in the United States, the global foreign trade environment will become very bad, and Chinese people will become less wealthy. The Chinese economy, which relies on foreign trade exports, will also suffer huge losses, but it is difficult to estimate Shopee and Jumei have been affected, but e-commerce has a price advantage, and consumers may choose e-commerce because of lack of money..."

"The second is the intensification of competition. Taobao established Taobao Mall to penetrate into the field of Jumei. Jumei established Juhuasuan to pursue economies of scale. With Ali, he basically fights his, and I fight mine. Whose direction and route are right? No, we don’t know…”

"As for the imperial government, I don't need special preferential treatment. I don't want what others don't have, and I don't want to be less of what others have. If the competitor's advantage is too great..."

Qu Li chirped a lot, but the head of the government was not dissatisfied and discussed with him enthusiastically, such as how to restrain his ambitions. The elder naturally asked about his ambitions.

"The three cores of the e-commerce retail industry are products, prices and services. People in the middle class or well-off families pay more attention to product quality and brand, and have a higher tolerance for prices. However, domestic consumer brands are only available in a few industries. Advantages. Even if you change one, price is what most consumers are most concerned about..."

"Xiangyun and Danlin are self-operated brands, which are an attempt by Jumei to deeply understand the upstream and downstream of the supply chain. I hope that through information technology and other technological means, the large-scale manufacturing model of some traditional enterprises can be transformed into flexible production to adapt to small businesses. Single quick reaction..."

“My solution is technology-driven, so I have hired a large number of programmers, which is too much beyond the current actual needs of the company. Employee salary and welfare expenses have put great pressure on our company’s cash flow...”

"Why not borrow money from the bank?"

"Uh~~"

"Is there anything you can't say? Do you need our help?"

"It is still due to the impact of the subprime mortgage crisis. We expect Jumei's stock price to fall by half, maybe more. Projects that are short of money require long-term continuous investment and may not make money in three to five years or even 10 years..."

"Really?" The old man's eyes were shining. He was investing in ten years' time. Is the founder of Jumei either a liar or a lunatic?

Qu Li briefly introduced the logic of cloud computing and gave a very representative example: "The technology to buy train tickets online is not difficult, so why can't it be done now? Because meeting passenger needs during non-holidays may only require preparation. 1000 servers, but during the Spring Festival travel period, hundreds of millions of people need to return home in a short period of time, so [-] servers may be needed.

The problem is that these 1 servers only need to be used for one month, and 11 servers are idle for the remaining 9000 months. The high maintenance costs cannot be saved at all.

If Honor's cloud computing can be successfully developed, the extra resources can be allocated to other companies for use in their spare time. Amazon in the United States is also doing similar things, but no company in the world has really done it... "

"I understood it as soon as you said it..." The elder of the government listened to Qu Li's easy-to-understand explanation and quickly understood that this was not the random thoughts of Qu Li and Ju Mei. It had a basis in reality. Their research and development did not Detached from reality.

After communicating for a while, Qu Li still made a request, mainly in foreign exchange settlement and product customs clearance. Most of Sun and Moon Fenghua's income comes from the US market, which is priced in US dollars. The exchange rate of the soft sister currency has appreciated from 7.6 last year to less than 7.0. , the gross profit margin has dropped by 10%. Can foreign trade OEM companies have a profit margin of 20% before?No, as for why the domestic media unanimously blamed the U.S. subprime mortgage crisis for the collapse of foreign trade companies and the return of employees to their hometowns, if they don't say so, do they blame the soft currency or the U.S. emperor for forcing you to appreciate?

Therefore, it is of great practical significance for domestic companies to open up a new sales channel in the United States at this time. Without middlemen making profit differences, American consumers can buy affordable goods, and Chinese foreign trade companies will not go bankrupt. It not only saves American consumers but also saves itself...

Yangcheng intended to make Jumei a model, but Qu Li dared to mess around on the central stage. Yangcheng's cadres couldn't control it, so they asked the boss to step in.

"What do you think of Qu Li and Ju Mei?"

"Famous is not as good as meeting him. No wonder Waiguo's venture capital is willing to give him money. He is indeed outstanding."

"Although this kid is young, he is well aware of the macroeconomy, industry development, and various situations within the company, including his own. He may seem a bit boastful, but he has seen a lot of people. He is a rare talent."

"Today's young people are really better than the last."

Qu Li, who was talking about the elders in Yangcheng, returned to the company with a thirsty mouth. He suddenly realized that he had gained nothing today and had wasted most of the day.

Finally, on May 5th, the sun shone brightly, there were crowds of people, and the national flags were flying. Everywhere in Yangcheng was filled with excited youth. Qu Li, who had always been indifferent, rarely showed excitement. He was in a prosperous age and had the opportunity to make a contribution. This What an honor!