Top of the big era

Zhou Buqi said: "A behemoth like Amazon is not so easy to defeat. However, as far as the e-commerce industry is concerned, Amazon is a typical traditional e-commerce and will definitely be impacted by many new and innovative e-commerce models."

Shi Jinglin frowned slightly, "There are many new forms of e-commerce now."

Zhou Buqi shook his head, "So, you have to rely on data and make market judgments based on data, rather than some subjective impressions. If the data is good, just throw money and rush forward; if the data is bad, just go back quickly. Don't be self-righteous." They are stubborn. There are some new e-commerce models now, but they do not use data to evaluate user preferences and market trends, and it is difficult to improve sales conversion rates by following data."

Shi Jinglin felt a little irritated, "In the final analysis, it comes down to product selection. No matter which country, there are always more poor people and more hanging threads. The boss of Zara who sells fast-moving consumer goods clothes has become the richest man in Europe. Making clothes is the most powerful The supply chain should be domestic. I don’t care, I will rely on cross-border e-commerce first and then defeat Zara.”

Zhou Buqi smiled and said: "Okay, it doesn't matter whether it succeeds or not. The competition between Ziweiyun and Amazon Cloud is so fierce. If the situation becomes out of control in the future, Ziweixing may directly come on the scene and compete with Amazon's e-commerce Attack from the hinterland.”

Amazon is a traditional Internet e-commerce. In the new era of domestic mobile Internet e-commerce, it is really difficult to resist.

In my previous life, there was an e-commerce company called Xiyin in China, which mainly sold clothes.

Entered the US market and achieved great success.

The activity and scale are not as good as Amazon. Ke Xiyin mainly sells clothes, while Amazon is a comprehensive e-commerce company in all categories. In terms of clothing alone, Xiyin has completely surpassed Amazon, with hundreds of times the advantage.

Later, Pinduoduo went overseas.

Xiyin's trouble came.

Xiyin can defeat all overseas competitors, but facing the powerful domestic players, there is really a difference between a cat and a tiger.

In less than a year, Pinduoduo surpassed Xiyin in overseas markets.

Later, TikTok also entered the market and began to take the e-commerce route. The invincible Pinduoduo felt even more pressure, and real competitors appeared.

On Black Friday (Double Eleven in the United States), I took a look at the e-commerce rankings and wow! The top three are all domestic players, dominated by TikTok, Pinduoduo and Xiyin.

Especially TikTok’s live broadcast e-commerce model where internet celebrities bring goods, this thing is really devastating. Some countries have weak economic foundations and their local consumer industries have been directly destroyed.

Zhou Buqi didn't need to say anything more.

In the current period, the e-commerce industry is still dominated by traditional giants, with no chance of competition at all. When the mobile Internet truly spreads all over the world and the traffic gameplay reaches its extreme, the decisive factor of "high frequency versus low frequency" will appear.

After getting dressed, Zhou Buqi was ready to go out.

Go see Boss Ma first.

Shi Jinglin walked him to the door, suddenly thought of something, and whispered: "My two aunts are coming..."

"ah?"

"Wang Yanan and Chen Yan."

"Ahem..."

Zhou Buqi is like a cat with its tail caught.

Shi Jinglin blinked and gave a look, "Aunt Xue said they have already boarded the plane and will probably arrive tomorrow morning. Have you... have you slept?"

Zhou Buqi said awkwardly: "It's just one. I drank too much that time and was not careful."

"Drank too much?"

Shi Jinglin rolled her eyes at him

Zhou Buqi said tentatively: "If you don't agree, I won't touch the other one. Actually, it's nothing, just a massage or something. I'm thinking about you and helping you share your worries..."

Shi Jinglin didn't care much and said casually: "Isn't it just playing with a few women? What's the big deal? You don't need to explain to me. It's a blessing for them to be attracted by you."

Zhou Buqi stared at her expression seriously for a while, and realized that she was not joking, so he said seriously: "Well, it is indeed a blessing."

…

When I met Boss Ma, this guy was wearing a green down jacket and looked nondescript.

Doesn't he look like a big boss?

Zhou Buqi said angrily: "What are you wearing? This is a formal occasion! You look like a little old man. When the time comes, I will nominate you to be a director. Who can take notice?"

Boss Ma asked strangely: "Didn't you get everything done?"

Zhou Buqi said: "You have to fight for it even if it's settled. PayPal is not my company. Even if you give me the power, you can't be as unscrupulous as your own family, okay?"

Boss Ma pointed to the inside of his down jacket, "I'm wearing a suit. It's already spring, and it feels colder in Silicon Valley than in winter."

Zhou Buqi said: "It seems to be the cold current blowing from the Arctic thaw."

Boss Ma said amusedly: "You have a good knowledge of geography, right?"

Zhou Buqi said: "I guess it's enough to fool you."

Boss Ma was angry and funny, "You are awesome!"

Zhou Buqi waved his hand, "This time they intend to make me the chairman of the board of directors of PayPal."

Boss Ma asked: "Didn't you say that John Donahoe would be the CEO of eBay?"

Zhou Buqi said speechlessly: "The original plan was for him to take charge, but he has been unwilling to let PayPal split up. This time I joined forces with Carl Icahn, plus the people on eBay's board of directors. Some other investors forced the spin-off of PayPal, and he felt that his power was shaken."

"Is he leaving his job?"

"Well, eBay seems to have said that it will give him a salary increase, doubling his annual salary to 30 million U.S. dollars. But it seems that he is a little discouraged. He has talked to me in emails many times."

"What to talk about?"

"Let's talk about PayPal. He is quite responsible." Zhou Buqi admired John Donahoe very much. "He suggested that I serve as the chairman of the board of directors of PayPal after the spin-off. This would be the most beneficial to PayPal. If If I really don’t want to, he will temporarily stay and serve as the chairman of PayPal’s board of directors until PayPal becomes stable and then leave. He is not comfortable letting others take over this position.”

Boss Ma said simply and neatly: "I don't have any hesitation. When the opportunity comes, just take it! How much of an honor is it to become the chairman of the board of directors of a listed company? It is something that many people dream of, but you are not willing to do it. Has PayPal’s stock price been predetermined? How much?”

"It's $27 for now."

"Where's the valuation?"

"Maybe $30 billion."

"That's right, it's such a great thing for such a big company." Boss Ma felt that this guy was a bit pretentious, "Stop being so nagging, it's settled. If you don't agree, it's hard to form a board of directors. You should be honest With this chairman, we have the right to speak out about changing the name when establishing this board of directors.”

Zhou Buqi nodded, "Then I'll do it!"

The two set off together and went to PayPal's headquarters.

Not far away, also in San Jose.

On the way, we also passed Zhou Buqi's football club here, the San Jose Earthquakes...but now the name has been changed. The team is called the San Jose Purple Stars.

After passing by, I first went to the big office. Many people were present, including eBay's top executives, management representatives, and PayPal shareholder representatives... There was only one person, Carl Icahn, who came from New York.

Even though he was the only one, his right to speak was no worse than that of eBay's big team.

PayPal was able to spin off independently, which was almost driven by his coercion and inducement.

Zhou Buqi also made some contributions here, but they are much worse than Carl Icahn. If eBay dares not to split up, Carl Icahn might launch an attack on eBay's stock, and eBay will be semi-paralyzed by then.

Seeing Boss Zhou coming, almost everyone stood up and came over to shake hands with him.

Everyone put their hope in him.

Not only Carl Icahn, the capital representative of PayPal, but also the shareholders, directors and executives of eBay are full of expectations for Zhou Buqi.

PayPal was spun off independently. This relationship is too big.

Once PayPal is in decline after the spin-off, the heads of eBay will be held responsible and will become the culprits in bringing down PayPal.

Compared to Carl Icahn, the Wall Street jackal, Boss Zhou is more credible.

If he can agree to serve as PayPal's chairman of the board, then all worries can be put aside.

With Boss Zhou's reputation as the world's richest man and his huge influence in the industry, it is impossible for him to do what those on Wall Street do and torment PayPal for short-term benefits.

Zhou Buqi also immediately expressed his position, "I agreed, I will serve as chairman. Moreover, I will make a promise to everyone. If PayPal's market value does not exceed US$300 billion, I will not resign voluntarily!"

Everyone present was stunned.

How domineering!

Unparalleled arrogance!

Is there any need to discuss this?

How PayPal's board of directors should be formed is up to him! Now that he has said this, who dares to compete with him for a spot? You must support him unreservedly.