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218 Benefit Exchange(4k)

Wang Fengyi hadn't seen Mr. Fang for a while. Now that he had time to go back to Shanghai, he naturally had to eat and drink.

But he didn't persuade Mr. Fang to drink. He knew that he would probably have something to do in the afternoon. While drinking, he picked up some interesting recent investment stories. In particular, he inspected the bicycle sharing project and also mentioned the projects that had been carried out on campuses in Beijing.

Ofo little yellow car.

"Mr. Fang, I should blame you YBAT. The cost of mobile travel is too exaggerated!"

"This kind of money burning is simply artificially cultivating the domestic market!"

"From last year to this year, especially this year, one thing that many institutions have been talking about is this kind of artificial trend. With certain demand + capital investment, it can become popular almost instantly!"

Wang Fengyi was very emotional.

The money-burning subsidies for mobile travel have really opened the eyes of colleagues. I had never heard of taxi travel two or three years ago. In just such a short time, many people have become familiar with it, and the travel scene has also changed.

This also inspired everyone to start looking for similar tracks.

And, we should be wary that not everyone will benefit from the money-burning of mobile travel. In the end, only the two giants Alibaba and Yike will be left, and all other camps will be eclipsed.

No matter how hot it is, no matter how everyone takes sides, the giant is standing there, and the shadow will naturally follow.

Therefore, in the Internet sector, not only Wang Fengyi, many people will give priority to the trends of YA before investing, and then T. As for B, its influence has declined significantly this year.

"I watched the project at Beijing University, and I also met the founder Dai Wei." Wang Fengyi's expression was a little subtle when he said this.

Fang Zhuo asked approvingly: "How is it?"

"He started working on the bicycle project last year. He has borrowed 3 million yuan in just a few months. It seems that he borrowed several million more before I came back this time." Wang Fengyi replied.

Fang Zhuo understood and nodded: "My family has a good background."

Otherwise, I wouldn’t have borrowed money so frequently when I first started.

Wang Fengyi smiled and said: "I had a meal when I was in the capital, and I felt that this person was a bit too ambitious and short-handed. I don't know if he is right."

"You, China's number one investor, can't talk nonsense, otherwise if you let your words go out, you might spoil the investment that I have finally found." Fang Zhuo said with a smile.

"Who says it's not? This is a private chat between us. I just saw that he is very elite, and I heard that Ali was interested, so I came back to visit him." Wang Fengyi said his feelings.

Fang Zhuo took a sip of tea and said, "Wait a minute and discuss it with Qi He and the others. I'm quite busy recently."

Wang Fengyi rolled his eyes, ate and drank for a while, and finally asked at the end of the lunch: "Mr. Fang, is Yike really going to do this?"

Fang Zhuo looked at Wang Fengyi again. There was no hint of drunkenness in his eyes. He smiled and asked, "What are you doing?"

"It's already July, and Yike hasn't finalized a new wafer manufacturer yet." Wang Fengyi originally thought that there would be a transition, and Yike might sign cooperation with Taiwanese, Samsung, Intel and other manufacturers.

However, until now, Yike has only spread rumors but never made any moves.

In addition, Wang Fengyi discovered that Mr. Fang had actually kept silent to the outside world and had not accepted a single interview. This made him doubtful. He was busy, but he was not unable to respond to the outside world. Is this really going to happen?

"They don't want to, Brother Wang, what do you think I should do?" Fang Zhuo spread his hands.

Wang Fengyi probably verified the answer, but there was still lingering shock and worry in his heart. He pondered over and over again and drank a glass of wine by himself. After thinking about it, he had a lot to say but couldn't say it out.

Finally, Wang Fengyi drank a glass of wine and sighed: "Don't call me brother, you are my brother!"

Fang Zhuo laughed loudly.

However, this meal also gave him some new thoughts.

Even people like Brother Wang are worried about Yi Ke's situation and choices, and his irrational emotions will definitely be more serious than he imagined.

In the first week of July, with the return of the head of Yike, the company's internal integration and system optimization accelerated further.

It is true that a crisis is imminent, but domestic competition requires not only the power of Yike, but also the role of sitting in the middle.

This week, Zhang Xiaolong from Yixin, Wang Yan from Sina, Lei Jun from Mi Tuan, Fan Minggang from Douyin, Ni Boren from Kesheng Mobile and others went to Yike headquarters in Shanghai for meetings.

Although partners have arrived in the past, this level and frequency still makes people feel vaguely turbulent.

On the first day of the second week of July, Fang Zhuo made a rare appearance at a high-level meeting of e-commerce. He listened to the report of the management headed by Su Wei and talked about the outstanding performance of competitors in the first half of the year and the pressure it brought.

E-commerce and consumer electronics are the two fastest growing industries in China over the past decade.

Although Fang Zhuo has almost no involvement in Tesco's operations, the management knows who is behind the scenes. The company's asset-heavy operations are the result of the generous support of the big boss and his friends.

Although Yike has encountered some problems today, the adjustments and dynamics of some departments within E-commerce have still made many senior executives aware of the new direction. The big boss seems to want to start a war with Alibaba in the C2C field.

Recently, warehousing centers are planning some transfer warehouses. What does this mean?

If Tesco wants to increase competition with Alibaba, it must take advantage of its own advantages. Warehousing and logistics are a major feature of Tesco. In the future, it may be necessary to enhance the color of the C2C platform and provide B2C services.

"I rarely come here because everyone is doing a good job."

"Sitting in this position now, especially when I see the empty chair opposite, I still have a lot of emotions."

Fang Zhuo spoke first after listening to the management's performance report. The empty chair he was referring to was at the end of the conference table, which happened to correspond to the head end. The setting of this chair was based on what he had learned from Amazon.

This empty chair represents an invisible customer. Whenever the company hesitates on any decision, imagine a customer sitting on the empty chair and think about his attitude towards the company's decision.

Simply put, we are guided by the interests of our customers.

Naturally, the senior executives in the e-commerce conference room knew about this.

"E-commerce has emphasized quality, user experience, and user interests since its inception. This is naturally excellent and a benchmark for domestic e-commerce." Fang Zhuo said with a smile, "But how come we can't beat Alibaba?

?”

There was a little commotion in the conference room.

"This problem may be the problem of the entire industry in the past ten years, but there is no shame in not being able to solve it."

“However, I looked at Alibaba’s June 18 program last month and saw that its promotional conditions are getting more and more fancy every year. Then I looked at Tesco’s plans for the second half of this year and they are also moving in this direction. I felt...

…emm…”

Fang Zhuo shrugged: "I just feel that the consumer opposite may not be too happy."

He pointed to the empty chair opposite.

"Alibaba has been working hard on Tmall in the past two years, not only gathering domestic logistics, but also investing in the construction of warehousing, which has brought increasing pressure to us."

"I've heard a lot of voices recently that we need to upgrade the industry and follow Alibaba's footsteps."

Fang Zhuoyi pointed out that this was a suggestion from within Tesco.

"But Mr. Su and I talked a lot. The chair opposite represents customers, but there are too many types of customers. Some are price-sensitive, some are quality-sensitive, and some are sensitive to the experience of the entire shopping process."

"In the past few years, Tesco has enriched its product categories and improved its logistics and warehousing. As we grow bigger and bigger, what should we do next?"

Fang Zhuo raised this question.

He waited until he confirmed that everyone was attentive before giving his answer: "We still need to get bigger and bigger, not smaller and smaller. We should be where our customers are."

Fang Zhuo's speech ended.

Along with his speech, a data survey from IDC was played in the conference room, involving multi-dimensional data such as domestic residents' income and e-commerce coverage.

Where are the majority of users?

How will Tesco appear in front of them?

Simple answers raise many questions.

Su Wei, CEO of Tesco, spoke for the second time. She talked more about the future cooperation of Tesco than the strategic direction of the chairman. The name Douyin appeared not too unexpectedly, but it was unexpected.

There is also the name of Mi Tuan, and the cooperation with Yi Xin that has always been restrained.

From social media to short videos to group buying, what role can Tesco play in such a framework? This is a direction that must be explored in the future.

But this is undoubtedly the beginning of a transformation for Tesco.

The voices from the chairman and CEO determined that Tesco was going to change its direction. This somewhat confused the senior management who were following the traditional path. However, when they thought of cooperation with platforms such as Yixin, Mi Tuan, and Douyin, they quickly became excited.

Replaced the confusion.

This would be a good start.

This meeting is over, a new meeting has been confirmed, and there will be a high-level discussion with partners next week.

"Do you think Double Eleven is still too urgent?" Su Wei asked for feedback from other platforms in the evening.

"When the live broadcast is launched over there, it must first be tested internally and the rules must be set. Then it can be opened to sell goods and it must be tested internally. It would be good to give a sign in time for Double Eleven." Fang Zhuo replied, "If it weren't for the entire framework

Once it’s set up, I’m afraid Douyin will have to fight to the death.”

Su Wei thought about it, yes, this is a step taken by Douyin, and there are followers behind it.

"Just give me some ideas. We have to control the proportion in the early stage and let everyone explore." As Fang Zhuo spoke, he saw a call from Qiu Ciyun on his cell phone.

Su Wei poured him a cup of tea before walking out of the office.

The call Fang Zhuo received was good news.

"Mr. Fang, Linde has discussed a condition with me, which must be unexpected by you." Qiu Ciyun was quite excited when he came up, and the German Linde he mentioned was an electronic gas manufacturer that was originally not optimistic.

"Mr. Qiu, tell me quickly." Fang Zhuo has rarely heard Mr. Qiu's tone like this recently.

"Linde Group is in preliminary negotiations with Praxair in the United States on cooperation." Qiu Ciyun said the latest news.

Linde and Praxair are two of the world's four largest gas manufacturers, accounting for 70% of the global market.

When Fang Zhuo heard this and the cooperation between their two families, he was a little confused for a moment. What does this have to do with ice cores?

Qiu Ciyun continued: "Linde hopes to get a guarantee, and I hope you will not block Linde's acquisition of Praxair!"

Fang Zhuo: "..."

He understood instantly and connected...

It's an acquisition, not a cooperation!

The world's two largest industrial gas giants are about to merge!

The new company will undoubtedly become the number one in the world!

The reason why Mr. Qiu was informed was that such a merger would inevitably involve monopoly supervision, and both companies' business scale in China would need to be approved before the acquisition could be successful.

Otherwise, Qualcomm's acquisition of Broadcom is a lesson learned from the past.

But what does "I hope you won't block Linde's acquisition of Praxair" mean?

Did I have any hostility towards Linde in the past? Did I compete with it? Why could I hinder it?

Fang Zhuo couldn't help laughing and said: "You bastard, who do you think I am!"

Nothing can be done with eight poles!

I really thought the official seal was placed in Yike 23’s office!

"Yes, Mr. Fang, I was shocked when I heard that they actually wanted such a promise." Qiu Ciyun also smiled, "So, do you agree?"

Fang Zhuo didn't know if he had scolded Mr. Qiu just now.

He said helplessly: "What does this have to do with me? However, mergers and acquisitions must comply with laws and regulations and cannot create monopolies. Otherwise, although it has nothing to do with Bingxin, it will definitely not be approved. You still have to discuss something with Bingxin."

Related, such as the joint venture factory in Luzhou."

"Mr. Fang, you can speak more clearly. I am old, my ears are hard of hearing, and my brain is slow to react." Qiu Ciyun said seriously.

Fang Zhuo simply replied: "I am willing to agree."

Then he added: "I am willing to help the Linde Group mediate. After all, Linde is our supplier and has always had mutually beneficial cooperation with us."

Mutual benefit, help and mediation.

"Okay, I'll talk to Linde first. You need to say hello more about domestic policies. This is a rare opportunity." Qiu Ciyun said excitedly.

I originally thought that Air Liquide would be a more interested target, but I did not expect that Linde would have such an acquisition demand. Moreover, they obviously made full risk considerations.

Linde and Praxair are both companies with market capitalizations of tens of billions, and their acquisitions will inevitably take a long time, but the former is working hard to clear all obstacles.

Ice cores are no obstacle.

But Fang is always a powerful bomb.

Qiu Ciyun has never been so grateful to Mr. Fang for his prestige as now.

Qualcomm and Ikeda are engaged in a patent war, Qualcomm's acquisition of Broadcom was rejected, Qualcomm's acquisition of Avago was taken over by the dove, and the Qualcomm case became a case in the "Record of U.S. Supreme Court Cases"...

With all these, some operations are undoubtedly impressive.

Qiu Ciyun must praise the professionalism of Linde Group again. They were keenly aware of the risks, made professional judgments, and correctly weighed Mr. Fang...

By going both ways, everyone can truly consider each other and make the best exchange of interests.


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