In Shanghai.
In the past few years, Li Dong had been coming to Shanghai quite often.
But it was different this time. In the past, it was either a private matter or a small matter.
The biggest event was the merger banquet of Carrefour.
But even though it was a big event, it was not so big that everyone knew about it.
This time, it was different. It was much bigger than before. It was not an exaggeration to say that it attracted the attention of the whole world.
Far away Retail was about to be listed in Shanghai!
It was the largest retail giant in Hua Xia, second in the world, and first in e-commerce. Its founder was the legendary Li Dong.
At this time, Li Dong's arrival, even if it was temporary, made Shanghai completely lively.
When Li Dong's private plane landed, countless people knew that Li Dong was here!
…
Outside the airport.
There were more media reporters than passengers.
Reporters from all over the country, and even from all over the world, swarmed in.
When Li Dong walked out of the airport under the protection of the security team, the camera flashes kept flashing. The reporters could not wait to rush up and pry open Li Dong's mouth.
Far away Retail was only listed now. The sensation was too big.
Far away Retail had only been established for a few years. It had only been six years.
But it was only listed after it became the second in the world. This had never happened before.
The scene was a little chaotic.
The reporters surrounded Li Dong, even with the bodyguards opening the way.
Outside, a group of airport security guards was maintaining order. There were also many plainclothes in the crowd. Not far away, there were several police cars parked.
There were people in the police cars.
Seeing Li Dong surrounded not far away, a young policeman in the police car could not hide his envy and said, "This is life!
This guy is the same age as me. But now?
The richest man in the world!
We're not even qualified to be his bodyguards.
He's not like those young celebrities. We can still be unconvinced and look down on them. But this guy is completely different.
No wonder people say that children should be like Li Da Pao … "
The middle-aged policeman sitting next to him couldn't help but look at him. After a while, he said helplessly, "Can you talk less? If these words are heard by others, I will definitely be criticized. "
The young policeman said in surprise, "I was praising him. Is that a taboo?"
The middle-aged policeman laughed and said, "Giving birth to a son is like Li Dapao. That doesn't sound good to me. Far away was listed in the Shanghai market, and the higher-ups attached great importance to it. At this juncture, we can't let anything happen to this lord. If he loses even a piece of skin, all of us will have to bear the consequences. Although he doesn't need us to protect him, and there are still many people secretly on guard, we have to be alert. As long as he doesn't leave Shanghai, we won't be able to rest. "
The people in the car didn't finish their words and nodded.
Although the safety of Shanghai was guaranteed, at this time, they still had to pay attention.
Far away was about to go public. This time, Far Away didn't choose to go public in Hong Kong, nor did they choose to issue H shares at the same time. Instead, they went public in Shanghai alone. This was indeed the most remarkable event in the past few years.
A group with a market value of trillions was about to officially rise here. Even the Hua Xia's economic center, the Shanghai market didn't dare to look down on it.
Although Far Away didn't ask the Shanghai Municipal Government to make any arrangements, they still sent a lot of manpower and material resources.
There weren't many people at the airport, but there were more people at the hotel.
…
While the others were discussing, Li Dong's head was as big as a bull.
Famous people knew the hardships of famous people.
In the past, Li Dong actually liked this kind of atmosphere.
Everyone's attention was on him, and every move was the focus of attention. This feeling was actually quite good.
But when he was too much attention, and there were flashes everywhere he went, it was a little annoying.
Surrounded by reporters, Li Dong saw that these people would keep chasing him if he didn't say a few words, so Li Dong had to stop.
After a while, when the crowd quieted down, Li Dong said, "Today, Far Away is about to go public. Everyone knows what you should know, and everyone knows what you shouldn't know.
Actually, there's not much I can say.
In the past six years, Far Away has been struggling step by step. Hundreds of thousands of people Far Away have put in a lot of effort for it.
At this time, although I personally think that the result of the listing is not important, the key is the process.
But for people Far Away, they are extremely eager to get a good result!
Therefore, Far Away has great expectations and hopes for the listing this time.
Far Away didn't choose to go public in the United States or Hong Kong. Instead, it chose to go public in Shanghai.
Many people actually advised me that even if I didn't go to the United States, I would go to Hong Kong, where the environment is better than in China.
But in my opinion, Far Away rose in China, in a small city in central China. At this time, it's not suitable to go anywhere else. Only going public in China is in line with my expectations!
And I believe that the listing this time is destined to be brilliant!
… "
Li Dong said a few conventional words. Perhaps someone was not satisfied with his conventional words, and soon, someone said loudly, "General Manager Li, this time Far Away's retail listing, we all hope that Far Away can achieve good results!
Now, everyone is talking about Far Away's listing, with a market value of one trillion is the foundation.
And from the public prospectus, Far Away's total share capital reached 50 billion shares, and the offering price range is between 17 and 22 RMB.
From this point of view, Far Away's market value should not be difficult to exceed one trillion.
But we also noticed that Far Away's net profit is not too high.
Overall, Far Away's net profit in 2009 was less than 30 billion.
And now, if the offering price is calculated at 20 RMB, the market value has reached one trillion, and the P/E ratio is as high as 33.
Far Away is a service enterprise. General Manager Li, do you think that Far Away can really reach this value in the A-share market? "
For retail enterprises, there were also retail enterprises listed in the A-share market.
A low P/E ratio of a few times, and a high P/E ratio of more than ten times was already impressive.
In other words, according to the general situation, Far Away's market value at this time was about 500 billion.
But Far Away's lowest offering price reached 17 RMB. Ordinary people only remembered to talk about the market value, but for reporters, sometimes, they hoped to be able to report an unexpected result.
How could Far Away achieve such a high P/E ratio?
Li Dong was not angry. He only smiled and said, "Sir, in your opinion, Far Away retail is a service industry?
Now is not the past. Let's not talk about Old Huang's past.
How can Far Away Retail expand and become strong so quickly?
The key is that we are different from traditional service industries!
Who told you that retail enterprises are traditional? You buy and I sell?
The new retail industry had broken these industry barriers. Service is not wrong. But at the same time, we are also opening up a new path.
Innovation, high technology, simplicity, convenience, integration …
Retail enterprises are no longer just a simple trading business.
There are too many things involved. Big data, artificial intelligence, information technology, integration, and even the innovation of payment methods …
I think many people are aware of this series of changes.
At this time, if Far Away Retail is still mixed with traditional retail enterprises, I can only say that you are outdated and cannot keep up with the pace of the times.
As for profits, Far Away Retail's net profit in 2009 is not high. This is undeniable.
But do you think it is fair for Far Away Retail to look at net profit?
I think no one is stupid enough to mix Far Away Retail with other traditional retail enterprises.
The times are changing, and Far Away is changing even faster.
Online + offline + logistics + internet finance. We are still adding many more things.
Speaking of prospects, in my opinion, Distance Retail's prospects were definitely much better than Walmart's, and much better than online platforms like Amazon's.
Even if both platforms are combined, Far Away Retail is still not as good as Far Away Retail.
Amazon's market value is close to 40 billion USD, and Wal-Mart's market value is more than 200 billion USD.
What is their P/E ratio?
That's why we cannot just look at this. Far Away Retail will surpass them sooner or later, including their performance and profits.
It wouldn't take too long. In the next two to three years, it would definitely come true.
To me, 1 trillion RMB is not something difficult to predict. Actually, 1 trillion RMB is just an affirmation of Far Away Retail.
If it is me, I don't care about the market value. But Far Away Retail is the result of many people's hard work, and 1 trillion RMB is an honor.
There was no need to deny or question him.
Of course, if you think that you can see further and more accurately than I can, then your doubts might be taken seriously. "
Many people's mouths twitched when they heard Feng Yu's last sentence. We think less than 1 trillion RMB is nonsense?
Do we have to see further and do better than you before we have the right to doubt you?
If that's the case, why are you still a reporter? You should be rich.
However, Li Dong's attitude of not giving them the chance to question him made everyone feel helpless.
Feng Yu's attitude is too obvious. You can doubt me if you are stronger than me, and I will acknowledge you. If not, I will treat your words as bullsh * t.
But at this moment, how many people in the world are qualified to question Li Dong and get his approval?
The reporters did not say much, and someone asked. "General Manager Li, what is your highest expectation for Far Away Retail?"
"Which aspect are you talking about?" Li Dong smiled and said, "That's a big question. If we're talking about revenue, I think it's inevitable that we'll surpass Walmart, or even far surpass it. If you are talking about market value, 1 trillion RMB is also possible. If we are talking about prospects, I think Far Away Retail will still exist even if all the companies in the world go bankrupt. Are you all satisfied with such an answer? "
Li Dong's expression seemed to say that he had already seen through them, which made many people feel awkward.
In fact, this is everyone's goal. If Li Dapao does not talk, what's the point?
Now, everyone has a topic to talk about.
Surpassing Wal-Mart is inevitable. 1 trillion USD is his target. Far Away Retail will still exist even if all the companies in the world go bankrupt.
This kind of controversial topic was what the media wanted to see.
Seeing everyone's satisfied expression, Li Dong felt helpless. He can't get rid of the label on him.
Now, these people have to force him to brag even if he doesn't want to brag.
…
Not long after Li Dong left the crowd of reporters, Li Dong's words at the airport entrance spread all over the Internet.
Just as Li Dong expected, these people just want to see the world in chaos.
"Wal-Mart is trash."
"Amazon is not worth mentioning."
"Far Away is the only one."
"Li Dong's words: Who can compete with him?"
… …
These headlines appeared on all the major online media outlets.
As expected, there is a heated discussion on the Internet.
Li Dong's attitude of looking down on everyone, as if everyone in the world was trash aside from the people in the distance, caused quite a few people to start arguing.
Some people felt that Li Dong is too arrogant, and some felt that this is his true nature!
Far Away used six years to catch up with those companies and overtook them. It's normal for people to look down on them.
Some media outlets did not argue about this and changed the topic. Will Far Away become the world's most valuable company?
According to the statistics on March 31st, among all the listed companies in the world, the company with the highest market value is PetroChina, with a market value of 330 billion USD!
ExxonMobil is in second place, with a market value of 316 billion USD.
Microsoft is in third place, with a market value of 256 billion USD.
Now, among the holding companies under Distance, Tencent's market capitalization was 620 billion HKD, or about 82 billion USD.
Weibo's market value is about 41 billion USD.
These two companies created a market value of 123 billion USD.
Far Away's retail market value must be at least 207 billion USD, or more than 1.4 billion RMB, to become the world's most valuable company. Far Away's retail market value must be at least 1.4 billion RMB.
Far Away Logistics and Far Away Finance, which are not listed, are not included.
Far Away will become the world's most valuable company with a market value of more than 1.4 billion USD.
Although it is not the company's revenue, being the world's most valuable company is also an unimaginable achievement.
Can Far Away achieve this?
If Far Away can achieve this, then Hua Xia will be one of the top three companies in the world by market value, and Microsoft will be kicked out of the top three.
This is the outcome that many people are looking forward to!
In order to achieve a market value of 1.4 billion, according to Distance's equity, the stock price had to reach at least 28 yuan.
From the P/E ratio, it should be close to 50 times. Many people feel it is difficult to achieve this.
Although Far Away had integrated its e-commerce business, its main business is still physical retail stores.
It was even more difficult for a retail company to do this and only be listed in China.
Now, the public is talking about whether Far Away can become the world's most valuable company!
Although PetroChina is also Hua Xia's company, many people in Hua Xia do not have the confidence to show off if PetroChina becomes the world's most valuable company.
Hua Xia is monopolizing this energy industry, and it is a country's effort. How can it not be powerful?
Using PetroChina to show off is a slap in the face. Far Away will become the world's most valuable company, and the effect will be different.
With this kind of hope, more and more people focused their attention on the Shanghai stock market, focusing on the faraway listing!
Li Dong is a legend. A legend is a legend because he can do what others can't!
It's only 1.4 billion USD, and it should not be a problem for Li Dapao.
… …
Li Dong, who had just arrived at the hotel, saw all these messages and saw the looks of anticipation on the faces of the higher management. His scalp felt numb!
These bastards. Do they think they are gods?
From 1 trillion USD to 1.4 billion USD? Do you know what you can do with 400 billion USD?
Do you know how many companies in Hua Xia are worth 400 billion USD?
Li Dong felt tired. If he had known this would happen, he would not have bragged at the airport.
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