Giant of the times
Chapter 433 Taobao and eBay Dangdang
In this life, although the virus has been controlled very quickly, many people still feel very panic, fearing that they will also be infected. The price of S drug is very cheap, only 1 box / 5 US dollars. Buying a box is a peace of mind, and it is not expensive anyway. Therefore, S drug was snapped up as soon as it came on the market.
Some people don't dare to go out, so they buy online, which just promotes the rapid development of China's e-commerce!
Los Angeles, USA.
"Mr. Li, a call from China's Alibaba Jack Ma!" Selena handed the phone to Li Zetian.
"Um."
Li Zetian took the phone and said, "Jack Ma, this is Chronos Li."
"Hello Mr. Li, I have something to report to you."
"Tell me, what's the matter?"
“The rise of e-commerce in China, Alibaba plans to enter the C2C business!”
Li Zetian paused slightly. Alibaba's main business before was B2B, providing a platform for transactions between domestic and foreign enterprises. At present, the development of e-commerce in China has achieved breakthroughs due to the outbreak of the virus. Amazon.com, eBay.com, 8848.com, Dangdang.com, eBay, etc. are all booming. Alibaba, Jack Ma, etc. People are naturally very greedy and want to make further progress. The first step is to develop C2C and then enter B2C.
What are b2c and b2b?
To put it simply, Taobao is c2c, and Taobao Mall or Tmall is b2c.
"No problem, I agree very much!" Li Zetian nodded in agreement. Anyway, whether it is the development of Alibaba's Taobao, or the development of Amazon and eBay, it will be beneficial to Li Zetian, and the common development of these three companies can transform China's e-commerce. Make this cake bigger.
When Ma Yun heard this, he felt happy and said excitedly: "Okay, Mr. Li, then I will arrange for someone to develop the website immediately!"
"Yeah." Li Zetian nodded, suddenly thought of something, and added, "Oh, by the way, when Alibaba was named, he referred to a story in "One Thousand and One Nights" "Alibaba and the Forty Thieves" .In the story, Alibaba has the spell to open the treasure, so our company is also named Alibaba, hoping that it can also have the spell to open the treasure and have countless wealth! Now, since we want to do C2C business, This is to open up another huge treasure. Why not call this website 'Taobao', a website where you can find treasures!"
Taobao?
Ma Yun read it twice in his mind. It is catchy, simple and easy to remember, and it is very relevant to C2C business.
"Mr. Li, Taobao is a good name!!!" Ma Yun praised sincerely, "I will have someone register this domain name right away!"
"No, the Taobao domain name has been registered by me, just use it."
Li Zetian couldn't help but smile lightly and thought to himself: "You are kidding, haven't I registered a good domain name already?! For example, Taobao, Alipay, JD.com, Didi Dache, Meituan, Ganji.com, Facebook, etc., have been registered by me a long time ago. , but no one knows that the company that registered these domain names belongs to me."
Jack Ma was stunned for a moment, then realized what he was thinking, had Chronos Li already prepared such a suitable domain name for Alibaba to enter the C2C business?
After ending the call, Jack Ma called all the company's senior executives to the office.
"Mr. Ma, does the chairman agree?" Sun Tongyu, senior general manager of Alibaba Investment Department, asked.
The rest of the people also looked at Ma Yun.
Ma Yun deliberately kept his face solemn and didn't speak for a long time.
Everyone sighed when they saw this.
"It's over. It seems that Mr. Li did not agree... Presumably, he already has an Amazon website and an eBay website, so there is no need for Alibaba to enter C2C."
"Yes, Alibaba's entry into the C2C business is not to create another competitor for Amazon.com and eBay. Alibaba is definitely not willing to do so!"
"..."
Everyone was talking about it, and they were a little dissatisfied with Li Zetian, thinking that he favored one over the other.
Seeing that everyone was in a low mood, Jack Ma suddenly laughed and said: "Okay, okay, I won't joke with you. Mr. Li has agreed to let Alibaba enter the C2C business, and he also specially named this new website - Taobao. , even the domain name has been registered, saving a lot of things.”
When Sun Tongyu and others heard this, they couldn't help but be overjoyed.
"Mr. Ma, it's true. Are you kidding me? You've made me worry for a long time!"
"Yeah, my little heart almost can't stand this feeling of ups and downs."
"Taobao is such a good name. As soon as you hear it, you can tell that this website is a shopping website."
"Well, Taobao, Taobao, who doesn't want to find treasures on the website? Just hearing the name is very attractive to consumers!!"
"..."
Ma Yun said with a smile: "Okay, don't rush to be happy. Although Mr. Li agrees with Alibaba's entry into the C2C business, if we don't do a good job, he will definitely be disappointed."
As he said that, Ma Yun looked at Sun Tongyu.
Sun Tongyu has joined Jack Ma's team since he founded the Yellow Pages website and has experience in building websites.
"Sun Tongyu, you will form a team to develop Taobao. Do you think you are qualified?" Ma Yun asked seriously.
Sun Tongyu straightened his body and said loudly: "I am qualified!!! I, Sun Tongyu, promise to live up to the great trust and build the best Taobao for Alibaba!!!"
"Okay!" Jack Ma nodded with satisfaction, "Alibaba's most important task at the moment is to develop Taobao. You can ask how much manpower and material resources you need! But I require that the development speed must be as fast as possible, so as to shorten the time between our company and other companies." The distance between companies!”
"I understand, Mr. Ma, don't worry!!"
As soon as the meeting ended, Sun Tongyu began to form a team.
At present, the impact of the virus has not receded, and China’s e-commerce is developing rapidly.
This is an opportunity but also a crisis.
Sun Tongyu knew that he must lead the development team to develop Taobao as quickly as possible.
In order to develop Taobao, Sun Tongyu and others decided to go all out and move to a villa, saying goodbye to all external disturbances and working day and night.
Li Zetian, who was far away in the United States, heard the news and couldn't help but sigh: "Damn it, with such good employees, why worry about the company not being able to develop?!"
…
…
Time passed day by day, and just over a month later, on May 10th, Taobao was finally established! ! !
On this day, Li Zetian called Jack Ma, thought about it, and said: "Jack Ma, China's e-commerce competition is fierce. Now we must vigorously promote Taobao, but I took a look at Alibaba's financials and found that the company does not have much funds. , cannot support Taobao’s rapid development. Therefore, I plan to let Taobao conduct a round of financing!”
The big boss wanted to invest more in Taobao. Of course, Jack Ma welcomed it, so he said: "That's great. With the money, Taobao's development speed will increase exponentially!" Ma Yun paused and asked, "Mr. Li, may I ask? How much capital do you plan to invest in Taobao?"
Li Zetian chuckled and said: "10 million US dollars!"
Ma Yun nodded secretly. US$10 million is enough for Taobao to develop for a long time, and it will dilute his own shares too much. As long as Taobao can develop, my worth will definitely increase greatly!
"Okay." After a moment, Ma Yun responded.
"Well, then I will immediately ask someone to make arrangements, and the funds will be transferred to Taobao within three days."
After Li Zetian finished speaking, he ended the conversation with Jack Ma, and then turned to say a few words to Selena.
At this time, it started to rain lightly outside the window.
Li Zetian walked to the window, stared outside, and said to himself: "Taobao has funds and Jack Ma's team is managing it. I'm afraid it won't be long before China's e-commerce market will form a three-legged alliance of Amazon, eBay, and Taobao." The pattern may end up being the same as in the previous life, with Taobao occupying most of China’s e-commerce market!”
Li Zetian quite recognizes Jack Ma's ability in e-commerce.
This guy is indeed a great guy.
…
Japan, SoftBank headquarters.
"Book me a ticket to Shanghai, China immediately! China's e-commerce is in a special period, and we must win an e-commerce website!"
"Okay, Mr. Sun!" Son's secretary responded.
It has to be said that SoftBank CEO Masayoshi Son has a very keen sense of smell and a unique vision.
On the same day, Son Zhengyi came to China.
On the way here, he had already asked people to collect information on e-commerce companies in China.
In the hotel, Son did not rest after dinner, but browsed the information in the room.
"Another e-commerce website was established today! Taobao?"
There was a MacBook on the table. He immediately searched online and soon entered the Taobao page.
"Well, this website is doing well!!!" Sun Zhengyi was slightly surprised.
Many people like to invest in startups because the return on investment is very high!
At this moment, Son Zhengyi somewhat wants to invest in this website.
But soon, Son became depressed. He discovered that Taobao's parent company was actually Alibaba, and Alibaba was Li Zetian's industry. Therefore, Taobao did not need Son to invest at all.
Son Zhengyi sighed slightly, but he did not necessarily want to invest in Taobao. After all, this is just a newly established website. It is still unclear how it will develop in the future. Looking at China, there are many good projects worthy of his investment. eBay and Dangdang are also good choices.
eBay was founded in Shanghai in August 1999. From March to May 2000, it formed a strategic alliance with Sina. In May 2000, it acquired the 5291 mobile phone direct sales network and launched online mobile phone sales, making this business a specialty of eBay. One of them has developed rapidly and has millions of registered users. In Li Zetian's previous life, eBay formed an alliance with eBay, changed its name to eBay, and quickly developed into the largest online trading community in the country. In this life, eBay (China) is also developing very well in China, and Li Zetian has no intention of letting eBay and eBay eBay alliance.
In the following week, Sun Zhengyi frequently contacted the founder teams of eBay and Dangdang.
And this news was not hidden from Li Zetian.
Whether it is Amazon, eBay, or Alibaba, they are very concerned about their competitors. The news of SoftBank Masayoshi Son coming to China naturally reached Li Zetian’s ears.
Li Zetian frowned, damn SoftBank and Masayoshi Son, they want to take away my cake!
"Have eBay and Dangdang accepted investment from SoftBank?" Li Zetian asked with a sullen face.
China has a huge population and the e-commerce market is naturally huge. It is impossible for one company to monopolize the entire market. As long as you have money, you can always develop an e-commerce website and get a share of the pie. In Li Zetian's previous life, no matter how powerful Alibaba was, the rise of e-commerce websites such as JD.com, Suning.com, and Vipshop was still unstoppable.
Selina shook her head and said: "Not yet, maybe because the equity distribution has not been reached yet. However, judging from their overall performance, we should eventually reach a cooperation."
At this moment, Masayoshi Son not only wants to invest in eBay and Dangdang, but more importantly, he wants to single-handedly promote the merger of the two companies.
Although eBay and Dangdang are much weaker than eBay, the combination of the two is not much worse than eBay. If it gets investment from SoftBank, this reorganized company will have the qualifications to dominate China's e-commerce!
However, when two companies merge, the equity distribution is very complicated. Which company should get more equity and which company should get less equity has to be fought over. Therefore, Masayoshi Son has not yet reached an agreement with eBay and Dangdang. Otherwise, with Sun Zhengyi's generous character, he will surely win the opponent quickly.
In his previous life, Masayoshi Son and Jack Ma didn't talk for more than a few minutes before he decided to invest in Alibaba. This speed was really astonishing.
…
Li Zetian's emphasis on Sun Zhengyi is indeed correct. This Sun Zhengyi is indeed a person who can cause trouble.
On the morning of June 1st, eBay, Dangdang and SoftBank held a press conference in Shanghai to announce that eBay and Dangdang would merge. The new company after the merger would be called "Ebay Dangdang", although the company name has four characters. , but it reads quite smoothly, almost like "Alibaba".
At the same time, Masayoshi Son said on behalf of SoftBank that he would invest US$20 million in the eBay Dangdang website.
This is great. As soon as the news came out, it immediately caused a sensation in China, especially other investment companies were very interested.
Currently, the global Internet is controlled by Li Zetian, and many venture capital companies have no investment opportunities at all. This has led to these venture capital companies almost all standing against Li Zetian.
China has a population of 1.3 billion, and any smart investor knows what this means.
At present, Masayoshi Son and SoftBank have taken the lead in investing in an e-commerce company in China, and other investment companies have heard the news.
On that day, eBay Dangdang received investment intentions from more than a dozen investment companies, and the valuations were higher than the others.
Investments in SoftBank surged immediately.
On the afternoon of the next day, Masayoshi Son and the CEO of eBay Dangdang were interviewed by reporters and said on the spot, "The goal of eBay Dangdang is to defeat Amazon and eBay. In this land of China, we have local combat advantages and no shortage of funds. eBay If you dare to challenge anyone or any company, Amazon.com and eBay will eventually bid farewell to the monopoly era!"
After receiving the news, Li Zetian felt angry in his heart: "Fuck, we'll see!!"
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