Reborn multinational giant

Fang Zhe’s remarks about internationalization not only aroused applause from the general audience in the audience, but also the two big names of Baidu and Tencent sitting next to Fang Zhe and the two bigwigs of Baidu and Tencent. Agree, they believe that Fang Zhe's remarks are definitely targeted.

Moderator: Mr. Fang talked about luck and hard work. More importantly, domestic Internet companies exploit their strengths and avoid weaknesses, find the right direction to go overseas and put in effort. Mr. Li and Mr. Ma, what do you two think?

The host also asked Baidu Li and Tencent Ma on the stage to express their views. After all, they are the main guests sitting on the stage, and the host cannot easily let go or be left out.

Baidu Manager Li: "I very much agree with what Fang said. It is true that our domestic Internet companies are looking for the right direction when going overseas, but there are some tricks in the middle. Our core business at Baidu is search. Even if we go overseas, we definitely hope to change Most of it is to make a difference in the field of overseas search. I think it is left to other domestic Internet companies or startups in other directions. I am also happy to see that more of our domestic Internet companies can go out."

After Mr. Li finished speaking, Mr. Ma of Tencent said the same thing to him. The meaning is that Tencent’s main business is social networking. If you go overseas, you should consider working in the social direction. However, Tencent will also consider other breakthrough directions. Or look at the timing and opportunity.

The words of the two tycoons somewhat restored the failure of their own company’s internationalization and belittled Huizhong’s international business. However, Fang Zhe in the audience didn’t care about it. Are they sticking to their core business or looking for other breakthroughs? Fang Zhe and Huizhong can’t care about their affairs. He just talked about his experience with Huizhong’s internationalization. If Huizhong really becomes the first world-class multinational giant in China in the future, their current These remarks will only be regarded by future generations as being short-sighted.

After discussing international issues, it was time for the audience to ask questions. The audience in the audience were all professionals in the industry, so the questions were all considered to be of a high level. There were three questions in total. One was about the impact of Google’s withdrawal from China on Baidu. , This question is directed at Baidu’s President Li. During this time, President Li has never tire of this question, but limited to occasions, he also had to answer the audience’s questions.

Mr. Li briefly explained the difference between Baidu and Google, criticized that Google is far inferior to Baidu in terms of localization, and so on. Finally, he said in a summary: "I believe that everyone is still competing on the basis of ability and strength. More means you are doing well, and fewer people means you are not doing well. This is my answer. Thank you!"

Sitting in the audience, Fang Zhe laughed at President Li's helpless and impatient tone. I am afraid that in the future, whoever asks President Li this question face to face, President Li will have to scold him for a lifetime.

The second question is about e-commerce. The audience asks questions. There are hundreds of experts in the e-commerce industry. In addition to the leading Taobao, the latter include Huizhong’s equity investment in JD.com, mother and baby e-commerce Mibud, Tencent supported Paipai, and Baidu supported Yes, wait, the audience would like to ask you guys, is this the best time to start a vertical e-commerce business?

God, when the audience finished asking this question, Fang Zhe, who was sitting in the front row, and Mr. Ali Ma next to him, invariably turned around to see who he was. The question was simply too much. After seeing the appearance of this audience, Fang Zhe feels a little familiar. It seems that this is also a big boss or well-known person in the previous life?

Fang Zhe turned to look at Ali’s President Ma, who happened to also look at him, with a question in his eyes. Fang Zhe understood that he was asking if he knew this person, Fang Zhe shook his head subconsciously, and then suddenly remembered. , Isn’t this audience Chen Xiaoou, the founder of Jumei Youpin who I spoke for in the past life.

In the past few years, Chen Xiaoou and Jumei Youpin have been popular in vertical e-commerce and group buying websites. In 14 years, Jumei Youpin was listed on the New York Stock Exchange with a valuation of up to 6 billion U.S. dollars. It was the most popular at the time. One of the Internet unicorns.

At that time, it can also be regarded as the most glorious heyday of Jumei. Since then, with the disappearance of the demographic dividend, the e-commerce field has a dominant pattern, and Jumei which has not found its core positioning has quickly declined. .

However, in just three or four years, the market value of Jumei Youpin has dropped from about US$6 billion in its peak period to about US$200 million in 2018. The stock price per share is only more than US$1, and it is still falling. On the brink of delisting.

Fang Zhe did not expect that on an occasion like today, there was such a hero in the audience. The word "lord" was Fang Zhe's impression and positioning of Chen Xiaoou.

It can be said that Jumei Youpin can go to success and glory. Its founder Chen Xiaoou can be said to be indispensable. Whether it is the low-cost and high-return marketing of "I speak for myself" or the early positioning and operating model of Jumei Youpin, it is also Although there are some achievements, but the success is also the failure of the failure, the Jumei Excellent Product is going to decline, and the top leader Chen Ou also bears the unshirkable responsibility.

Fang Zhe was thinking about the stories about Chen Xiaoou and Jumei Youpin. The host on the stage looked at Mr. Ma beside Fang Zhe and said:

"Then Mr. Ma, please answer this audience's question. When we talk about e-commerce, you should be the one who has the most say!"

President Ma picked up the microphone placed between him and Fang Zhe, and the big-screen camera on the stage also cut to him, and he replied:

"I think this audience really gave me a big surprise today. The question he asked is very good. If I say this, everyone may already understand that I agree with his point of view.

Although this may be to find rivals for our Taobao and trouble ourselves, it is indeed the best time for vertical e-commerce to start a business. As long as entrepreneurs have the patience to do well in a certain field, there should Big chance.

Of course, Taobao also has enough self-confidence to deal with these challenges. Only with the existence of competitors can we do better, and we will not slack off!"

President Ma’s grandeur and mind won warm applause from the audience. At this time, the host on stage noticed that Fang Zhe beside President Ma seemed to be thinking about things. He guessed that Fang Zhe might also have something to say, so He also asked in passing:

"I think Fang always seems thoughtful. I don't know what your opinion of this audience's question is?"

Fang Zhe did not expect the host to bring the topic to himself again. It seems that he has a special preference for himself. Of course, Fang Zhe understands that this is because the several questions he answered before are all too good, as if he has already been on stage The two compared.