Reborn Entrepreneurial Giant.

Chapter 574 Jumei Annual Meeting

Huge changes in ancient song search may affect Jumei's overall revenue and profits, and need to be disclosed to the public. Before the disclosure, Qu Li learned about Jumei's revenue in 2012.

In 2012, the national e-commerce retail transaction volume was about 1.3 trillion, of which Taobao's historical data was 1 trillion. Don't think about it now. Taobao and Jumei combined to exceed 1.1 trillion.Then Taobao will be divided into 7500 billion and Jumei will be divided into 3800 billion, of which self-operated accounts for 1300 billion.

In addition to e-commerce retail, Jumei's revenue also includes its own brands, mainly mobile phones and tablets. How much is the annual sales, 500 million units each?That’s close to 150 billion in revenue.Adding up clothing, snack foods and other miscellaneous items, Oh Xiangyun officially bucked the industry trend and grew more than Anta this year, with revenue exceeding 100 billion. Does the rest count as 20 billion?

There are also Guge search and cloud computing. According to Baidu’s 2012 billion revenue and 223 billion net profit in 104, Jumei’s revenue is 75 billion, with a net profit of 26 billion.

There is also revenue from Jumei Logistics, which provides services to customers both inside and outside the platform. This year’s revenue is about 250 billion, surpassing SF Express (210 billion) and EMS in terms of revenue.

Foreign Shopee sales revenue is about 90 billion U.S. dollars. Taking all the data together, Jumei has about 5000 billion in revenue. Unfortunately, half of it, 2500 billion, is from third-party sellers.What about profit and loss?Jumei Logistics is losing money, cloud computing is losing money, independent brands are making profits, search is making money, and retail is considered profitable. Taken together, it is definitely profitable, but not much.

Among them, Jumei has the largest increase, not only because it has established a logistics airline to provide services for Honor, but also because its carrying capacity has made a qualitative leap this year. Jumei, including logistics employees, has more than 10 employees at home and abroad. people.This does not include temporary workers and labor dispatch contract workers.

Assume that Jumei's average labor cost is 2 yuan, 10 people per month, 20 billion yuan, a salary of 13 yuan a year, including various benefits, it may be 300 billion yuan.

Of course, the actual data may be different. Part of the 300 billion can be included in the research and development costs and is tax deductible.

Qu Li really doesn't feel anything about this now. Anyway, it's just like a dream, and he doesn't need to sign and pay anyway.He is getting a salary now, but unfortunately it is not much.

While doing the year-end inventory, we are preparing for the annual meeting. Although the year-end awards are not less than theirs, the annual meeting is more festive.

It's a pity that some people just like to do some disappointing things. Vancl Eslite, which I thought would be a big deal, suddenly announced a financing of US$3 million, which shocked almost all its peers.It's not that anyone is afraid of competing with Fanke. This company is typically more famous than powerful.

"Chen Nian is not qualified to begin with. Vancl's internal management and supply chain management are out of balance. Which venture capital investors are so stubborn at this time?" Qu Li was very curious and discussed with Lu Qi and the others.

"What if you could save this company?"

"Me, save Fanke?"

"Yeah, since someone invested, someone must have given them hope."

"It's not impossible. First of all, you can't be in a hurry. Secondly, you need to position yourself well and make it clear whether you want to be a brand or a platform. No matter how you choose, the market will leave them opportunities." Qu Li said seriously that the domestic market is big enough. It is large and can accommodate [-] e-commerce companies.

"To build a brand, we should continue the previous thinking, control the quality and make popular products. However, some of their previous practices have hurt many consumers, and it will take time to regain credibility."

"When you build a platform, you temporarily give up your own brand and help others sell. Clothing companies are stuck in a destocking cycle and need such an e-commerce platform that specializes in selling clothing."

Bian Liang realized: "Let them compete with Vipshop?"

Qu Li hesitated for a moment, and then said: "So be it." Even if it is not a clothing e-commerce company, it can still become a fashion e-commerce company. What Qu Li wanted to do when he started his business can still be accomplished to become a listed company with a market value of [-] billion. .

As a few people chatted, Qu Li's live broadcast was quite effective. The first batch of "ming" rainbow batteries and power banks were sold out as expected.

“High quality, low price, great design!”

"External media and consumers have accepted our definition of consumption upgrade."

“We have already been contacted by start-ups wanting to cooperate,” Lu Weibing said.

What Qu Li wants is the coarse grain model. Jumei platform is a combination of Goudong and coarse grain mall, focusing on self-operation.

"Our financial investment department must give preference to upstream and downstream enterprises in the supply chain. If our employees want to start a business in this area, we must also provide help..." Qu Li can imagine that they can support hundreds of start-ups, starting from Ju. Beautiful to the point of glory, including smart home.

This kind of imagination that breaks through the ceiling is very shocking. The premise is to see the hope of success. Rainbow batteries and power banks have been sold out, which is a good start.

The media began to re-examine the meaning of the definition of "supply chain-based technology and service company" Jumei.

But at this time, the explosive news that "Tan Lijun joined Vancl Eslite and became the co-founder of Chen Nian" quickly spread across the Internet.

Tan Lijun was the most educated executive in Jumei before Lin Bing joined. He personally built Jumei's early supply chain management system. He can also be said to be one of Qu Li's most trusted executives. His sudden resignation last year was a bit unexpected. , this year’s accidental joining of Vancl Eslite, a company that may be going bankrupt, is another surprise.

"Chen Nian is very eloquent and has many similarities with you. This time Sequoia came forward. Chen Nian and Venture Capital both gave up part of their stocks to me, and I became the second largest shareholder of Vanke without paying a penny. I am very sincere... ..." Tan Lijun explained to Qu Li on the phone

"I wish you good luck." Qu Li did not embarrass Tan Lijun

"Thank you!"

Most Jumei executives who resigned had signed non-competition agreements, but whether this was enforced or not depended on the top management. Qu Li was ruthless and sentimental. As long as his bottom line was not violated, most things were easy to negotiate.

"Forget it, he doesn't know our latest plan anyway." Qu Li replied to Lu Qi and the others, not intending to pursue Tan Lijun.

Just because he doesn't pursue the case doesn't mean the media isn't paying attention. Various news is flying all over the sky. Jumei's two Shopee CEOs have resigned. Jumei's overseas business is obviously growing at a rapid rate. Why is it still not satisfied?Are Qu Li and Lu Qi too harsh on senior executives?

Qu Li is a little unfair. He has no specific requirements for overseas business. Shopee's rapid development is not only due to the traffic brought by Google shopping searches, but also because Shopee's SKUs have been increasing. Consumers have more shopping options and there is no shortage of traffic. How is this possible? Slow development?

In this way, the Jumei Annual Party came soon. There was no new song. Qu Li sang "The Brightest Star in the Night Sky" on the stage. As a big boss who spans film and television entertainment and Internet technology, Qu Li has many songs. They were covered in "The Voice" and are all familiar songs.

It was originally a normal inspirational song, but Tan Lijun was stabbed in the back. Some unscrupulous media made a far-fetched suggestion: "Don't betray Qu Li, give him the courage to believe again!"