Ma Yun had set up Taobao earlier than Feng Yu in Feng Yu's previous life. This was partly because of Feng Yu's suggestion, and another reason was Hua Xia had already set up a C2C internet company. Ma Yun was worried that if he took too long to set up his company, Hua Xia will be caught up with Hua Xia.
This C2C internet company is called eBay Yi Qu. It was set up by two Chinese graduates from Harvard, and eBay invested in it.
Last month, eBay took out a large sum of money to acquire the majority of eBay Yi Qu's two founders' shares and became the controlling shareholder.
Other than the two founders, the other shareholder is Sina. Early in the year 2000, Sina and Ebay had formed a strategic alliance, and this is to promote and promote each other.
But Wang Zhixi is smart. He had invested in eBay and rejected eBay's proposal to exchange shares. He does not want his shares in Sina to be diluted, and this will be his main business in the future.
After eBay had acquired the controlling stake in eBay Yi Qu, Ma Yun was worried that the market will be taken over, and he quickly set up his C2C online shopping mall.
Of course, Ma Yun firmly believes that with better services, free entry, and the company's financial strength, they will surely overtake eBay Yi Qu.
Ma Yun also knows that the controlling shareholder of eBay Yi Qu is Feng Yu's good friend, Kirilenko.
Feng Yu does not know about eBay acquiring Yi Qu, but even if he knew, he will not stop it. After all, this is Kirilenko's business, and there is no need to snatch it. Also, Feng Yu firmly believes that Taobao's business model will be the last one standing. eBay Yi Qu's business model is too ordinary.
EBay Yi Qu's main payment software is Paypal, and it also includes Alipay. Paypal is also charging fees.
Also, there is no conflict between these two businesses. eBay Yi Qu's main business is auctions, and Taobao's main business is sales. But in the future, both companies will try all their business models.
Now, no one dares to say which business model is better. eBay Yi Qu is successful overseas, and Taobao's business model is not successful, and it is too expensive.
EBay Yi Qu's competitive advantage is that they can connect with overseas eBay. This way, eBay Yi Qu's users can trade with overseas users. eBay has more than 100 million registered users in the overseas market.
In China, eBay Yi Qu has more than 3 million registered users, which is way ahead of the rest of the world.
Because of eBay's huge number of users, Ma Yun promised Taobao a free entry. Feng Yu even remembered that in his previous life, Taobao only started collecting fees after Tianmao Shopping Center appeared. Of course, this was also to clean up those who were selling fake goods.
Anyway, Taobao didn't intend to rely on rental fees, unless you chose the Taobao Shop business. The fees for this business were not low, and ordinary shops were completely free.
…
"Manager Ma, you look like you are ready to fight to the death." Wang Zhixi joked.
"It's to deal with eBay Yi Qu. I cannot tell you this. Sina is still eBay Yi Qu's shareholder, right?" Ma Yun purposely said.
"Hahaha … how much can those shares make in a year? Our Sina and Alibaba are allies now." Wang Zhixi replied casually.
At first, Ma Yun only wanted to increase Sina's income and did not expect eBay Yi Qu to succeed. If Ma Yun had agreed to eBay's acquisition conditions last month, he could have made a lot of money.
But he thought about it and decided to keep his shares. At least, he felt eBay Yi Qu can trade with overseas users.
"Manager Ma, are you planning to burn money for three years? Are you really not charging them a single cent? "Ding Lei asked curiously.
"We will still charge them a deposit to prevent them from cheating. As for rental fees, we are not charging them. But in the future, if they want to advertise and choose Taobao Shop, they will still need to charge. But I guarantee that it will be worth it. "
Zhong Qingxian pointed at Ma Yun and laughed. "You are giving eBay Yi Qu a show of strength. I think most of the self-employed people who want to do online e-commerce will choose Taobao."
Self-employed people do not have a large initial capital, or else, they will open their own shops. But Taobao only charges deposits, and if they do not open their shops, they can still apply for a refund. EBay Yi Qu still needs to collect rental fees, and their main Paypal payment software also needs to collect fees. That's not good either.
Taobao had lowered the entry requirements for sellers, and this is their biggest advantage.
"Actually, I think there is no need for you all to compete. Just think of a way to merge. Isn't eBay's major shareholder that Russian tycoon? He is not on good terms with General Manager Feng, and they are the ones who developed Alipay. "Zhang Chaoyang laughed.
"Merge? Who will be in charge after the merger? In terms of assets, eBay is definitely stronger. But our Alibaba Group has more potential than eBay. "Ma Yun insisted.
"Potential? They have more than 3 million users now, and it is still increasing. You all still have zero users. What's more, their website has long been completed and put into use. Your website has just been completed and is still in the trial phase, right? "
"Also, you all do not have any users. No matter how good your website is, it will be useless if there are no customers. You all might have an advantage in attracting shops, but are you all better than eBay Yi Qu in attracting customers? "Ma Huateng asked.
"We had considered this, and that's why we invited all of you here. Since all of you are Alibaba Group's strategic partners, we will need to rely on all of you to promote Taobao. I believe with all of your help, Taobao will be able to develop faster. "
"Also, we are developing an instant messaging software for our website. We will name it 'Ali Woof Woof'. This way, it will be easier for buyers to communicate with sellers, and sellers will be able to provide better services to buyers."
Ma Huateng frowned when he heard what Ma Yun said. "What's wrong? Alibaba can't use our QQ?"
Ding Lei added. "You all can also use our Bubbles."
Ma Yun laughed and shook his head. "Both of you, there is no need to discuss this further. We need to keep our customers' conversations confidential, and it is better to develop our software ourselves. Our software is not for chatting and making friends. It is purely for business communication. That's why our products are not competing with yours. Those who use our products can also use yours. "
"Manager Ma, since you are so confident, how long do you think Taobao's registered users will take to overtake eBay Yi Qu?" Ding Lei laughed and asked.
Ma Yun replied confidently. "One month is enough!"
… …
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.
