Silicon Valley

Chapter 592: Chinese E-Commerce

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After Henry and the chairman had dinner, they chatted in the study, and the two chatted for more than two hours before ending. During this period, Henry reached a strategic partnership with China on behalf of Williams Empire.

The Williams Empire recognized "One China" internationally, and China recognized the political status of the Williams Empire, and helped the Williams Empire to join the United Nations, recommending the Williams Empire as the sixth permanent member. Considering the influence of the Williams Empire in Africa, China also feels that with the current status of the Williams Empire, it can become a permanent member of the United Nations. Moreover, none of the African countries is a permanent member of the Security Council. It should be that an African country should become one of the permanent members of the United Nations. After comprehensive consideration, the Chinese government agreed to Henry's request, but did not give a positive reply as to whether it would be successful. However, as long as China can support Henry, he will also look for support from other countries.

Currently, there are five permanent members of the United Nations Council: the United States, the United Kingdom, France, Russia, and China.

Japan wanted to become a permanent member of the Security Council after cutting its head, but it kept failing. Today's Japanese government does not respect history, distorts historical facts, and does not seriously reflect on its crimes of aggression committed in Asia during World War II. A country like the Japanese government that is irresponsible to history, does not plead guilty, does not make amends, and does not face up to historical facts is not qualified to be a permanent member of the United Nations.

As for how to be elected as a permanent member of the United Nations, it must be voted by all members of the United Nations General Assembly, and only two-thirds of the support can be considered successful. Many countries regard China as the saddle, and China supports the Williams Empire. Naturally, many countries support the Williams Empire.

In addition to political cooperation, the two sides have strengthened trade transactions, cultural transactions, military exchanges, etc. In order to facilitate exchanges, the two countries are visa-free for each other!

In the next four or five days, Henry and the Chinese side began to discuss some details.

There is no need for Henry to take care of these things one by one. He took time off to learn about his business in China.

Hengdian's business development is in full swing, and now it has become the largest film and television shooting base in China. IMDB Plazas are staking their land in China, and have built 145 IMDB Plazas, while its rival Wanda Group has only 12 Wanda Plazas. I'm afraid Wang~~Jian~Lin's dream of being the richest man is nowhere in sight, isn't the "small goal" of 100 million still too small? Williams Hospital has blossomed all over China and has become the most reliable hospital in China, with 1,332 hospitals. Putian hospitals are struggling to survive, developing very slowly, and often being exposed for cheating patients, resulting in a great loss of image.

At this time, isearch has completely withdrawn from the Chinese market, and Baidu has become the largest search engine company in China, almost monopolizing the entire Chinese search engine market. IM instant messaging ICQ is the dominant one, with 350 million Chinese users, its status is already unbreakable.

In the area of ​​e-commerce, many newcomers have emerged, such as Joyo and Dangdang. China's market is huge, and the stickiness of e-commerce is not as strong as that of search and social networking. Usually, differentiated competition can still kill a bloody road. Foreign capital is also keen to invest in Chinese Internet companies. At present, the competition in China's e-commerce is particularly fierce, constantly burning money, offsetting sales volume and scale, most e-commerce is making money at a loss.

In this life, because Nicholas International E-Commerce Group entered the Chinese e-commerce market early, one party dominates. The Taobao website established by Ma Yun has been suppressed miserably from the very beginning. Softbank’s huge investment in Taobao website has not seen a return until now. But SoftBank, which also owns Dangdang, is also casting its net. Dangdang.com started out selling books online. At that time, there were hundreds of online bookstores. Dangdang finally stood out. In 2000, it received $8 million in venture capital investment from IDG, Softbank, etc. to Dangdang.

"Your Majesty, Amazon once proposed a purchase price of 200 million U.S. dollars to Dangdang, but the other party rejected it!" Nicholas International E-Commerce CEO Ji Li Hurt is in China at this time, so Henry called him over to learn about the company's situation . Nicholas International e-commerce also started from an online bookstore at the beginning, so it pays special attention to Dangdang and wants to acquire it.

Henry didn't pay much attention to Dangdang, and said casually: "It's okay, if the acquisition is not successful, forget it." Henry changed the subject and asked specifically, "What is the current situation of Taobao and Jingdong?"

“Taobao currently has a 9% market share, which is only behind Nicholas International e-commerce in China. And JD.com…?”

JD.com is not well-known now. Liu Qiangdong only entered the field of e-commerce in 2004. He was an experimental field of entrepreneurship and was initially named "JD Multimedia Network". In November 2005, the daily order processing volume of JD Multimedia Network only exceeded 500. A little bit of data can't attract Ji Li Hurt's attention at all. He thought for a long time, but he didn't think about what kind of company Jingdong is.

Henry waved his hand and said: "Okay, I will send someone to pay attention to it later. If you can buy JD.com with all of your capital, you can buy it directly; if you can't, then suppress it!"

"Okay, Your Majesty!" Ji Li He was slightly embarrassed because he failed to answer Henry's question.

Henry was thinking now.

Jingdong has not yet formed a scale, and now it is several times more difficult to develop into the Jingdong of the previous life. The most urgent task is to solve the serious problem of Taobao!

Ma Yun is a bit awesome, Taobao is in his hands, Henry dare not take it lightly.

"Who are the shareholders of Taobao, and how many shares do they hold?!" Henry asked in a deep voice.

"Softbank is the largest shareholder of Taobao, holding 40% of the shares, Jack Ma and his team jointly hold 35% of the shares, IDG Capital, Sequoia Capital, and DCM Capital hold 10% and 9% respectively. %, 6% of the shares!" Geely Hurt shook his head and said, "Your Majesty, if you want to buy Taobao shares from Softbank, it may not be easy..."

"Go on, why is it not so easy!"

Geely Hutt nodded and said: "In the Internet industry, e-commerce burns the most money. Taobao has not much money left and is preparing for the third round of financing, and Softbank is going to lead the investment at this time. It is expected to invest 1 billion dollars to develop Taobao! Through this financing, it can be seen that Softbank is determined to hold Taobao shares. Therefore, it is very difficult to buy Taobao shares from Softbank.”

"Well... so to speak, it is true."

Henry couldn't help thinking, and after a while, he looked up at Gillihut, and said, "If Softbank doesn't finance Taobao, then Taobao will face financing difficulties and a broken capital chain. You say, Can we buy Taobao in one fell swoop?"

"Your Majesty, if this is the case, then there is a great possibility that we will acquire Taobao!" Gillie Hurt asked doubtfully after finishing speaking, "But Your Majesty, Softbank will not give up on this lead investment!"

Henry snorted softly, "Softbank is just a wild dog I raised. I fed it a bone at the beginning, and now it's time for it to pay back!!!"

(I stayed up late last night, I was too sleepy today and only updated 3 chapters, at least 3 chapters tomorrow)

(to be continued ~^~)

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