Tencent's roadshow had attracted the attention of the world's IT elites.
Even if they were interested, these international IT giants did not need to come personally.
They had come personally not only because of Tencent, but also because of the current leader of Tencent — Li Dong!
The name Titan Lee was synonymous with legends all over the world.
The world's richest man, only 24 years old, started from scratch, and won every battle …
These words were deeply ingrained in people's hearts, and it was enough for the world's top entrepreneurs to analyze and value Li Dong.
Far Away's businesses might not be spread all over the world, but just their Weibo and WeChat were enough for everyone to pay attention to them.
Facebook's Mark Zuckerberg had been in the limelight for the past two years, and the international IT industry had been focusing on him.
But Far Away, on Hua Xia's side, had suddenly risen and entered the IT industry.
Now, no one in the global business world would dare to say they did not know who Li Dong was.
Li Dong had taken over Mark Zuckerberg's position in the IT industry, and there was little hope for him to get back his position.
Some of the IT elites had wanted to meet Li Dong for a long time.
Unfortunately, other than 2006, Li Dong had gone to Europe and had not left China for three years.
The difficulty of meeting Li Dong was far more difficult than meeting Bill Gates and the others.
Coincidentally, Tencent was about to resume trading, and the world's largest technology stock financing plan was about to take place. The impact of the financial crisis in 2009 was not over yet, and these IT giants wanted to see if a miracle would happen.
In the end, without any prior communication, these heavyweights rushed to Tencent's roadshow.
… …
The international IT giants were closely related to Hua Xia.
Lei Jun used to be the CEO of Joyo, and Joyo was acquired by Amazon under his leadership.
Far Away Mall's CEO, Tan Haiying, and Shao Yibo's eBay was also acquired by eBay.
Some of Hua Xia's Internet companies were backed by international financial institutions, and these financial institutions had also invested in international IT companies.
Most of the financial institutions' investors had arrived today, and with them around, even if they were not familiar with each other, these global IT elites quickly got to know each other and started chatting.
It was impossible not to talk about Li Dong at Tencent's marketing conference.
When Zuckerberg mentioned Li Dong, in the crowd, Ma Yun said in fluent English, "Mark, don't ever call him Titan Lee in front of him. His dispute with Forbes hasn't come to an end yet. If you don't want to be entangled by him, just call him Li Dong. "
"Li Dong …"
Zuckerberg was no stranger to Mandarin. His current girlfriend was Chinese. Although his girlfriend's Mandarin was average, his girlfriend's family and elders were used to communicating in Mandarin. Although Zuckerberg didn't know how to speak it, he could still understand it.
Zuckerberg repeated Li Dong's name in Mandarin and nodded. "Since Li doesn't like it, then I will call him by his Chinese name."
Seeing Zuckerberg became serious, everyone laughed. Li Yanhong laughed. "It doesn't matter if he likes it or not. If you can bring him benefits, you can call him anything. If you can't bring him benefits, he is a vengeful person. "
"Hahaha …"
Everyone laughed again. Almost all the IT elites present were fluent in English.
Those in the IT industry usually had high academic qualifications, and many of them had studied abroad. In addition, they often dealt with these financial institutions, and almost all of them could speak English fluently.
In Hong Kong, when meeting with foreign investors, almost all of them spoke English, which actually had little to do with patriotism.
In this kind of situation, it would be troublesome to ask a translator to translate for them.
Of course, in some public occasions in the Mainland, if these people still spoke English at this time, they would probably be condemned.
After chatting for a while, Amazon's Deputy CEO asked. "Far away announced the results of their e-commerce market a few days ago. Their transaction volume reached 20 billion USD in two quarters. Hua Xia's e-commerce market seems to be growing too fast. "
These words were actually filled with a lot of doubt.
Two quarters, 20 billion USD in revenue, close to 140 billion yuan.
In fact, Far away did not make any false statements. The B2C and C2C transactions had reached more than 130 billion RMB.
But this speed was terrifying.
In 2007, China's online shopping market is only worth about 100 billion RMB, and Feng Yu is not the only one.
In 2008, because of the existence of Distance Yuan, the development speed was much faster than in his previous life. Both Taobao and Distance Yuan created more than 100 billion worth of transactions. In the end, the entire online shopping market's transaction volume reached more than 300 billion.
But now, only half of 2009 had passed, and Far away's online transaction volume had reached 140 billion RMB. Ali had also announced that the transaction volume had reached 100 billion RMB.
In the first half of 2009, Hua Xia's online transaction volume was almost the same as last year. It was close to 300 billion RMB.
At this rate, China's online shopping market will exceed 650 billion RMB by the end of the year. It might even exceed 100 billion USD.
This was something that no one dared to believe.
How many years had it been?
China's online shopping platforms are not as old as overseas. Even the first online shopping platform, Yi Qu, was set up in 1999.
Amazon was established in 1995, and eBay was established much earlier than Hua Xia. When Shao Yibo returned to China to set up eBay, he was also imitating eBay.
When Shao Yibo returned to China, his slogan was to create Hua Xia's eBay.
This showed that Hua Xia's e-commerce market had started at least five years later than overseas.
But now, Hua Xia's online transaction volume could exceed 100 billion USD. This figure had already surpassed the US.
As the leader in the e-commerce industry, Amazon's performance had been growing well. In 2008, Amazon's annual revenue was 20 billion USD.
In the first two quarters of this year, Amazon's revenue had reached 13 billion USD, and it was a significant increase.
But as a global e-commerce platform, Amazon had fallen behind Far away in the blink of an eye. Who would believe this?
Far away was only focusing on Hua Xia's business. Is Hua Xia's consumption potential really that fast?
The whole world was paying attention to the figures Far away had announced.
Many people doubted the authenticity of Distance E-Commerce, which claimed to have 20 billion USD in revenue in half a year.
Amazon was doubtful, and Meg did not believe it at all.
Why?
As the world's second-ranked e-commerce platform, eBay's revenue for the first half of the year was less than 5 billion USD.
Far away's revenue for the first half of the year was 100% higher than eBay's annual sales.
Of course, Meg had already resigned from eBay. Although she did not believe it, she did not say anything.
They did not believe it, but Ma Yun said seriously. "Hua Xia's market is huge, and it has a bright future!
Hua Xia has the world's largest population and has unimaginable potential.
The data released by Distance E-Commerce Company was 20 billion USD, and that included their C2C business.
Based on my understanding, Far Away Mall's revenue for the first two quarters is more than 13 billion USD.
Of course, Distance is currently taking the path of small profits but quick turnover, so its profits aren't as high as yours.
But for Hua Xia, e-commerce is still in its infancy, and it's not the time for it to blossom … "
As an entrepreneur of Hua Xia, he could compete with Li Dong in private and question the authenticity of Li Dong's figures. But now, facing an international giant, even if the figures were fake, it was still true.
Furthermore, Far Away Mall's revenue for the first half of the year was 90 billion RMB. As a B2C platform, Hua Xia was proud to have such a scale.
But Far Away's profits were very low. For example, eBay's revenue for the first half of the year was 5 billion USD, but its profits were 1.2 billion USD.
Of course, eBay was an exception, and Amazon's profits were not high. It was about the same as Far Away.
But now, everyone did not care about profits. To investors, the profits were something for the future.
The most important thing now was to occupy the market and increase their revenue.
Profits were something that would happen sooner or later when you occupy the market.
EBay's high profit rate had restricted their development. The high fees made it hard for them to expand, and their expansion around the world was greatly restricted.
Their failure in Hua Xia was proof of this.
After Ma Yun finished speaking, Lei Jun, who was the former CEO of Outstanding Web, also said. "Miles, in Hua Xia, there is a saying that goes, if you do not investigate, you do not have the right to speak.
You can question a company's figures only if you have detailed evidence to prove that the figures are fake.
If there is no evidence, then it must be real.
Amazon is doing well, and no one can deny this. But you all have to admit that Far Away Mall is doing better.
In fact, it was not comprehensive to judge whether a company was good or bad just from its income alone.
But Far Away's business model is well received by consumers and has proven its value to other e-commerce companies. This is enough for us to learn from. What do you think? "
Amazon's Deputy CEO thought for a while and did not argue. He nodded and apologized. "I'm sorry. I was too one-sided. Although Amazon's business in Hua Xia had increased, the increase is not a lot … "
Lei Jun was speechless. "That's because the increase is in Far Away!"
As the former boss of the Web of Excellence, Lei Jun was rather embarrassed to say such words in this situation.
Although he had already resigned from Outstanding Web, it was an indisputable fact that Outstanding Web was gradually falling behind in the past two years. Just like Dang Dang, these two former hegemons of the e-commerce industry were now starting to fall behind.
Far Away, Ali was the current leader of the e-commerce industry.
The next leader was not Outstanding Dang Dang, but Jingdong.
As for Outstanding Dang Dang, it could only be ranked third with Red Child and other platforms.
Also, the founder of Hua Xia's e-commerce, Yi Qu, had fallen behind and is about to pull out of Hua Xia's market.
The rest did not say anything after Lei Jun said this.
Ma Yun also did not mention that the increase was in his side. After all, most of Taobao's businesses were C2C businesses, and it was meaningless to mention that the increase was in his side.
Furthermore, even a third-party platform like C2C could not compete with Far Away Mall's own businesses. It would be embarrassing if Ma Yun said that.
These people were thinking about the market and rankings, but the rest were thinking about different things.
Some investors in the crowd were thinking about the market value.
Amazon's results had increased significantly this year. Their revenue for the past two quarters had reached 13 billion USD, and after the second quarter's financial report was released, Amazon's market value had increased by more than 38 billion USD, and it will soon reach 40 billion USD.
If Far Away Mall's figures were reliable, then how much would Far Away Mall be worth after it got listed?
This was only in Hua Xia's market now. If Far Away Mall continues to expand and become a global platform, it will be much more terrifying.
Li Dong's bragging in the past was proven to be true. Maybe Li Dong was not bragging.
Even now, Distance had already surpassed Amazon to become the world's number one e-commerce platform, even if one did not look at its global influence.
Far Away Mall only needs to expand its influence in the world, and once it gets listed, its market value will surely overtake Amazon.
Everyone thought of Tencent when they thought of e-commerce platforms.
Since Tencent's e-commerce had reached this stage, even though most of its business is limited to China, can't it create a miracle?
With 5 billion HKD and a conservative market value of 300 billion HKD, it will be around 40 billion USD.
As everyone was deep in thought, they heard a commotion at the entrance.
Someone in the crowd shouted. "General Manager Li is here!"
"… …"
As soon as these people finished speaking, Li Dong, who was standing at the door, laughed loudly and said, "Welcome, everyone. Sorry for the delay. I was a little picky about my bed last night and woke up too late. I just went to eat something, but I didn't expect it to be almost time. Sorry, sorry!"
As he spoke, Li Dong looked around and found that the entire multi-purpose hall was almost overcrowded. He could not help but reveal a smile on his face.
This is a good start!
The worst thing about a roadshow is that there are not enough people, and the atmosphere will not be good.
The more people there are, the more competitive they will be. As long as nothing goes wrong, the shares will be popular.
The original plan was to invite 300 people. But now, there are more than 300 people. Li Dong looked around and knew that there will be more than 500 people.
It was beyond everyone's expectations to have such a large-scale event in Hong Kong.
After a simple greeting, Li Dong did not go to the investors. Instead, he walked towards Ma Yun and the others. He had already received news of their arrival.
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.