Just as the people of East Star were discussing, Li Dong was also blocked by the reporters.
The camera flashed, and Li Dong couldn't help but close his eyes.
After flashing for a while, Li Dong raised his hand and gestured. He smiled and said, "Everyone, stop taking photos first. I'll pose for you guys later. If I go blind, I'll have to get you guys to see a doctor."
"Hahaha …"
Everyone, whether they were really happy or not, laughed loudly.
If they wanted to get some news material from Li Dong, they had to give him face.
Li Dong paused and continued, "I didn't expect to receive such a warm reception as soon as I came back. Let's not talk nonsense and get straight to the point. Ask whatever you want. As long as it doesn't involve my privacy, I will answer all I know."
Everyone was overjoyed that Li Dong was so cooperative.
The reporters scrambled for a while, and soon a female reporter grabbed the opportunity and said quickly, "General Manager Li, Far Away has announced that a supplier conference will be held Far Away next month. Does it mean that Far Away's offensive strategy has been further consolidated? Will Far Away continue to provoke a department store war?"
Li Dong chuckled and said, "You speak as if I am a militant. And Far Away has never had an offensive strategy … "
Before he finished speaking, many people grinned and laughed. Don't you feel guilty for saying this?
Li Dong was a little helpless when he saw this. He coughed and continued, "Different people look at this problem in different ways. At least in my opinion, Far Away is not an attack. It is just a normal business expansion. Of course, if you understand it as an attack or a war, I won't deny it. This is the inevitable law of market development. The weak will be eliminated, and the strong will stay strong. If you can't adapt to the rhythm of the market, then you have to be prepared to be eliminated. "
This answer was a little controversial. The reporter who asked the question said excitedly, "Then in General Manager Li's opinion, who is the strong and who is the weak in the Hua Xia retail market?"
Li Dong deliberated for a moment before saying, "The strong and the weak are not decided by me, nor are they decided by you. It was up to the market and the consumers to decide. They knew which company they trusted and which supermarket they would go to the first time they bought something. This was their strength. As for the weak, there's no need to specifically point them out. In this era of rapid market development, the weak will be eliminated sooner or later. As time passes, everyone will naturally see it. "
Although everyone was helpless with his vague answer, they knew that they wouldn't be able to get anything out of him.
As soon as the female reporter finished asking, another reporter immediately answered, "General Manager Li, this time you are going to Guangdong Province mainly to sign strategic agreements with the three major e-commerce companies. Does this mean that the next strategic direction Far away is the home appliance retail market?"
Li Dong smiled and said, "Regarding this, I really want to say a few words. Actually, all of you have misunderstood. This is just a coincidence. Far away, you should have seen the announced partners. We are not targeting any company. Our strategic target is the home appliance retail market. That is too much. In fact, in my opinion, the home appliance retail market is just a small part of the retail industry. It's not a strategic target. "
"General Manager Li, you mean that Suning and Gome are just so-so?"
Li Dong's face darkened. How did you come up with this conclusion? Are you trying to provoke me on purpose?
Li Dong didn't fall into the trap and said with a smile, "This is what you said, not what I said. Mr. Huang and Mr. Zhang are my seniors, and I admire them very much. Also, the fact that these two companies can be ranked in the top three in the retail industry is also a manifestation of their strength. But I don't dare to say this. "
Li Dong's answer was soft, making everyone feel a little unsatisfied.
What about Big Pao?
The Li Big Pao of the past is no longer shooting. How are they going to write this news?
So far away, your assets were only a few billion, yet you dared to go against Bailian and China Resources. Now that you are almost the leader of the industry, why are you becoming more and more afraid?
The reporters sighed in their hearts. Soon, everyone's eyes were on a female reporter in her thirties.
She is the one who dares to speak and ask questions in the industry.
In the past, she was famous for her tricky questions when interviewing others. Now that we can't get anything out of her, why don't you try?
Being watched by everyone, the female reporter calmly stepped forward and said with a smile, "General Manager Li, do you still remember what you said at the annual meeting Far away that you want to be the supermarket's number one this year?"
"Of course." Li Dong smiled.
"According to the information I gathered, although the second quarter of 2008 is not over yet, we have the general data of the department store industry. According to incomplete statistics, Bailian's total retail sales in the first and second quarter of this year is around 46 billion. China Resources Resources' total retail sales has also reached 30 billion. Far away, General Manager Li should know better than me. Do you think you can be the number one this year? "
Li Dong chuckled, "Although I don't know where you got the data from, it shouldn't be too big of a gap. Far away, June is not over yet, and the sales have not been calculated yet. But I know the total sales for the first five months is around 25 billion. Including June, it should be around 30 billion. 30 billion is a bit different from Bailian. But Carrefour's total sales for the first half of the year is about 10 billion, and this is because of the impact in the past few months … When we take over in the second half of the year, I don't think it will be difficult for the supermarket to be the number one. "
"Carrefour!"
There was an uproar in the crowd. Although they had guessed it, they didn't expect Li Dong to include Carrefour.
Even the reporter who asked the question was stunned for a moment, then said, "General Manager Li means that Carrefour is already in the bag Far away?"
"You can say that."
Li Dong didn't deny that Chen Lang had made further breakthroughs in the past few days when he was in Guangdong Province.
Tesco was no longer in the mood to compete.
Far away's one-off plan won the favor of many senior executives of Carrefour. Carrefour's new major shareholder was also eager to defend the European market under the impact of the financial crisis.
They were willing to sell off the Hua Xia region business as soon as possible and get the money back as soon as possible. As long as the gap wasn't too big, they were willing to accept it.
Under such circumstances, Carrefour's merger with Far away was almost certain.
Since that was the case, Li Dong didn't have anything to fear.
When Li Dong admitted it, the reporters were in an uproar again.
They didn't expect it to be a surprise!
They just wanted to dig something out, but they didn't expect it to be a big one.
A merger involving tens of billions of capital might not be the biggest in the country, but it was definitely the biggest in the retail industry.
This kind of super merger might enter the history of business development.
This time, the crowd didn't give the female reporter a chance to ask questions, and they all asked questions at once.
Li Dong waited for them to ask questions for a while, then he pressed his hands together and said, "It's not convenient for me to disclose the details for now.
But I'll give you a few simple points. First, this merger will cost more than 11 billion RMB.
Second, after the merger, Carrefour's stores will be integrated into Far away's system as soon as possible, and there will be no cooperation between them.
Third, we will take over all of Carrefour's Hua Xia employees, and there will be no large-scale layoffs.
Fourth, if everything goes smoothly, we will announce the details during the supplier meeting next month.
That's all for now. There are some other issues, and because we haven't reached an agreement on the details, even I am not too sure. "
Everyone was very satisfied with the information Li Dong revealed.
Far away's merger with Carrefour was a super big event.
In 2007, Carrefour's Hua Xia was the largest foreign retail company, and its annual revenue was as high as 30 billion RMB.
Wal-Mart, on the other hand, had just slightly more than 20 billion RMB. Of course, this did not include Costco, which would surpass Carrefour. But Costco could not be considered as a part of Wal-Mart at the moment.
Therefore, Far away's acquisition of Carrefour was equivalent to acquiring the number one foreign retail company.
Carrefour was also the world's second largest retail company, and the meaning was completely different.
If the merger was really successful, Far away would not only be famous in the country, but also in the world's retail industry.
Ever since foreign retail companies entered the Hua Xia market, only foreign companies had acquired Hua Xia companies. Far away's acquisition of Carrefour was another pioneer.
While everyone was still discussing this matter, the young female reporter who had been pushed to the side took the opportunity to say, "Manager Li, regarding the supermarket, we hope that you can provide us with more material during the supplier meeting. I have another question, and I wonder if you can answer it for us? "
"Go ahead."
"If I remember correctly, this was not the only target you set during the annual meeting. Also, you said that you want to surpass Taobao this year and become the number one e-commerce company. But in fact, according to our statistics. In the first five months of the first half of the year, Taobao had occupied 80% of the C2C market share, and its total revenue was as high as 32 billion RMB. Far Away Mall only occupied about 12% of the C2C market share, and its total revenue was around 5 billion RMB. This data comes from professionals. I'm not wrong, am I? "
Li Dong stared at her for a while and smiled. "Now I am curious. Which news agency are you from?"
Although these sales figures were not top-secret, under normal circumstances, it was still very difficult for outsiders to obtain accurate information, unless they had specialized in in-depth analysis or had internal data sources.
After all, Far Away Mall and Taobao were not listed yet, and the statistics of the major supermarkets were also secrets.
An outsider had such a clear understanding of these statistics. Li Dong could not help but ask.
The female reporter smiled and said, "General Manager Li, please don't misunderstand. I am a reporter from the Jiangbei branch of the Economic Observer. Some of the data analysis came from the internet, and the other came from the oral accounts of some industry insiders. Just like what you said, Faraway Supermarket's sales exceeded 30 billion RMB in the first five months of the year. This is our source of information. "
Li Dong was relieved. The Economic Observer was famous in the financial industry, and it was not strange for them to obtain this information.
Without dwelling on this, Li Dong thought about the previous question and said, "I don't deny what you just said. In the C2C market, we are not Taobao's opponent.
Also, Far Away Mall is not focusing on C2C. In fact, Far Away is weakening the C2C market share.
Far Away Mall's audit is strict. Merchants have to go through many procedures before they can enter the mall.
This has caused our C2C market share to be lower and lower than last year.
However, it is meaningless to talk about C2C. Far Away Mall's main business is B2C.
Far Away Mall's B2C market share is not low either, reaching more than 75%.
Tmall, which just changed its name, has less than Jingdong in the B2C market, less than 10%.
Therefore, I don't think there is any reference value in a single market. "
The reporter said calmly, "But according to market analysis, B2C and C2C market share is 30% and 70% respectively. In the first five months, the total C2C market reached more than 40 billion, while the total B2C market is less than 20 billion. Even if Far Away Mall has 75% of the market share, it should be less than 15 billion. Adding your C2C market share, your mall's revenue in the first five months is around 20 billion. Taobao's total revenue is probably more than 34 billion. The gap between the two sides is very obvious. General Manager Li, you are talking about a market that exceeds Taobao's total revenue. "
The female reporter's words were like a slap to Li Dong's face. After all, Li Dong made such a bold statement at the annual meeting.
Usually, even if a reporter wanted to interview, they would not specifically look at this area.
After all, it was not worth it to offend Li Dong by talking about this for no reason.
However, the reporter did not have too many concerns and directly revealed the detailed data.
In the last five months, there was a difference of 14 billion between the two sides. It was a huge difference, and Far Away's chances of catching up were low.
Shen Qian, who had been silent all this while, could not help but frown. "Reporter, sometimes, you can't just look at the data. Taobao's C2C business is mainstream, which means that most of their performance comes from third parties, and their profits are very low. Tmall Mall's performance is terrible, and compared to Far Away Mall's self-operated business, they are not on the same level. What's the point of just talking about the revenue? In my opinion, even professional organizations would not count it as Taobao's revenue. In terms of profits, our mall's profits are at least twice of Taobao's. Isn't that enough to explain everything? "
The female reporter's eyes lit up as she quickly said, "Ms. Shen, I am only providing a rough figure, and I did not mention anything about profits. As for the revenue exceeding Taobao's, it was General Manager Li who said it himself, and I'm just repeating it. "
Shen Qian became even more furious. Just when she wanted to refute, Li Dong waved his hand and smiled. "This reporter is right. You have to admit your words. I was indeed talking about the revenue, and there's no point in arguing about the rest. Far Away and Taobao's revenue have a huge gap, but it's only been half a year, and we have to believe in miracles. There's no point in debating about this before 2008 ends. At the end of the year, if Far Away Mall fails to surpass us, it won't be too late to slap my face then. "
The female reporter smiled. "General Manager Li, don't misunderstand me. How would I dare to slap your face? I'm just a little curious. That means that General Manager Li is confident in catching up and surpassing Taobao before the end of the year? Can you reveal the next plan of Far Away Mall? "
"There's no plan. Isn't July 18 coming soon? In a month, the gap of 10 billion won't be that big."
"Cough, cough, cough …"
Many people couldn't help but cough. Brother Dong was still as daring as ever.
Surpassing Taobao by 10 billion in a month?
Taobao's monthly revenue was about 8 billion. Even if they didn't participate in the promotion on July 18, if you want to surpass them by 10 billion, it would be at least 18 billion.
In fact, Far Away Mall's monthly revenue was about 4 billion. Could they increase it by more than 14 billion in a single promotion?
Even if it was only a month, the average daily increase would reach 500 million. Li Dong was too confident.
The reporters wanted to ask more, but Li Dong waved his hand and said, "That's all for today. As for whether I can do it or not, or how well I do it, we'll talk about it when the time comes. When that day comes and you prove that I can't do it, you're welcome to slap my face and help me spread my name. "
Everyone laughed and didn't continue to pester him.
They originally wanted to ask about other things, but it seemed that the female reporter's question made Li Dong unhappy. It was better not to get into trouble now.
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