Reborn Entrepreneurial Giant

The thing about women in Google is easy to talk about, people are willing to give it away for free, but Qu Li doesn't accept it, there is no free lunch in this world, there must be a price behind free, he doesn't want to hear it. Qu Li still has one card yet to shine. Xiangyun is about to be listed on the A-share GEM, and its market value may exceed 3.5 billion US dollars. Doesn’t Jumei’s market value increase a bit?

Shopee’s revenue of US$1.5 billion exceeds that of Xiangyun, so should the valuation level be raised to be at the same level as Xiangyun?

Qu Li wanted to procrastinate, but Google didn't want to. They still knew about the night and dream, so they had to release Xiangyun's IPO and valuation level in advance. Don't talk about Xiangyun and Shopee are not the same type of enterprises, what Jumei wants to prove is that their value is underestimated by the market. Jumei is an e-commerce company that combines the advantages of Chinese women's manufacturing industry and is different from Amazon.

"Our advantage becomes more and more obvious..."

Brady recognized this sentence. Jumei’s advantage lies in supply chain management, while Zhongying has advantages in manufacturing. Riyue Fenghua can greatly increase profit margins after it has an in-depth understanding of all links in the supply chain. However, this is unrealistic in itself. How many industries are there in the country? How many products?

Shopee’s business has not progressed much, and the same is true for Google Zhongying. Qu Li contacted China through vision investment, and asked Jumei’s personnel to adjust the direction, so that Google Zhongying with relatively high authority can retrieve more search technical information from the Google headquarters data center.

You must know that Google Zhongwo can access the database of the US headquarters, and Google does not leave search technical details for Jumei, so he will find a way to leave some more detailed information. Although it is very difficult, it may even be impossible to do it, but how do you know if you don’t try? We must know that there is a generation gap between Hadoop and Google technologies used by companies such as Yahoo and Baidu.

Take the time to meet with Li Charlie who is buying Pinestreet in the United States. This guy got involved in a lawsuit in Xiangjiang because of the PCCW privatization incident, which made their transaction unpredictable. Qu Li is not in a hurry, but Li Charlie really wants to get rid of this burden. I want people from Quli to take over ahead of schedule and join PCCW to do due diligence.

"Do you think Envision can successfully acquire it? Will there be many voices of opposition?"

"I don't know..." Charlie Lee may be a Mercury retrograde this year. Not only are Hong Kong people targeting him, but he is also being punished in China for not allowing land acquisition.

"If Envision Investment completes the acquisition, what should we do with PCCW Real Estate, the media and entertainment business, and the PCCW brand?" Qu Li asked again. He was dissatisfied with many businesses of PCCW

"No, I'll give it to you. If we really want to give in like this, we don't know how many things will be involved." Charlie Li was scared, "Without PCCW, I have better choices." Actually, PCCW's The entertainment business has not yet developed, and the streaming video website viu, which later dominated the Southeast Asian market, has not yet been established. However, NowTV is the largest paid TV station in Hong Kong

"You don't really want to buy TVB, do you?" Qu Li blurted out

"..." Li Cha wanted to scold people, but he also understood that this matter had caused a lot of trouble in the past few years. He wanted to cash out PCCW, but failed because of Li Ka-shing's intervention.

"At the beginning, I thought that if Jumei failed, I would cash out in the mixed film and television industry..."

"It seems that you have little chance now." Li Charlie said enviously

"Don't dare, if I really want to do this, no one around me will believe me." Qu Li said regretfully, in this world, you can't do whatever you want with money, nor can you become a major shareholder with a lot of money. So many people believe in Qu Li, surrounded by him, must have been cheating at first, but later it was because he had the superior resources and was always correct.

Li Charlie didn't know, he thought Qu Li was telling the truth, and he felt sympathetic to each other. It is said that the public opinion environment in Xiangjiang is quite friendly to the rich. It is not true that a scumbag like him will not be condemned morally. The bottomless pursuit of the rich may be a sign of the solidification of the era into the class, right?

After chatting with Charlie Li, I met Wu Hongning who works on Wall Street. He is very interested in the European debt crisis, but a sovereign fund like Huatou can invest in hedge funds at most and cannot end it in person, otherwise it will easily cause disputes.

Of course Huatou and Vision Investment have a cooperation. If the big money is not given to him, it will be given to other hedge funds, such as Wall Street Air God Paulson Fund, Bridgewater Fund, etc. As for where the money is used, it is not clear. Qu Li met many people in Huatou.

The two exchanged information about PCCW. There should be no domestic opposition to this matter, but the crux of the matter lies in future control. Will the state-owned enterprise Netcom compete with him?

"Why do you want to do everything, what does the telecommunications industry have to do with you?" Wu Hongning

"Isn't it forced? As long as the industry is opened up in China, I will not want to acquire a company like PCCW." Qu Li is not to be outdone

"You talk about the use of PCCW?"

It’s hard for Qu Li to explain clearly, so he can only talk nonsense: “Preparing for Jumei five years later, we need to build cloud computing and data centers, and we need submarine optical fiber. For example, Shopee’s servers are in the United States, but is it possible for us to open up the Southeast Asian market? Do you want to put the server in Singapore too?"

"why not?"

"Management costs will increase sharply, and the cost of trial and error is too high. You don't think that every attempt is as lucky as Shopee. When you meet the right time, you can form a suitable team? Normally, it takes one, two or three trials and errors. ..."

Many people may not know that the servers of Google search and Facebook are concentrated in the United States, and Japanese and Korean users directly access the servers in the United States. Without submarine optical fiber, it is difficult to guarantee access speed and user experience. The access speed of Apple's official website seems to have been slow 21 years ago. The reason is that the server is in the United States, and Chinese users need to cross mountains and seas to get Apple's information feedback.

Of course, the practice of Chinese Internet companies going overseas is to segregate the data of domestic and international users, and Waiguoren cannot enjoy the "high-end" services of domestic users. Honor's cloud service partly purchases Amazon's AWS service, which is not considered an enemy.

"You said that our acquisition of Google Zhongwo is a good thing or a bad thing?" After talking about Yingke Telecom, he talked about their deal with Google

"You..." Wu Hongning was shocked by Qu Li again, this world is too crazy.

"What do you ask me to do? If you have any difficulties, you can directly contact the higher-ups." Wu Hongning knew that the higher-ups were very concerned about Qu Li, so he left his contact information on purpose

"I want you to analyze from an outsider's point of view, which one is more important, Google or Shopee..." These days, Qu Li looks relaxed and at ease, but he is under a lot of pressure inside. He is just an ordinary person. I have grown a lot over the years, but in the face of this choice, I can only rely on feeling instead of relying on experience and data.

Wu Hongning's face changed, and he thought for a long time: "You better not ask me, both companies are excellent, I can't give any advice, unless it's a price issue..."

Qu Li sighed: "Price? Price has never been a problem."