Reborn multinational giant

Huizhong's successive investments and layouts in the Internet entertainment field have made many people outside the world realize Fang Zhe's courage and Huizhong's mastery.

But all the news about investments and acquisitions in these areas is not as shocking as the news that Huizhong and Alibaba jointly announced at the end of February that Huizhong had invested 2.5 billion US dollars in Tmall, accounting for 10% of the shares.

Since the middle of last year, in order to counter the exchanges, Huizhong released the news that after opening the WeChat secondary entrance to JD.com, the domestic e-commerce industry began to surging. Later, Alibaba Server sent the head of Tmall Zhang Yong to lead the team. Huizhong contacted and negotiated on Tmall's access to the WeChat secondary portal.

From September last year to now, after more than five months and ten rounds of negotiations, the two sides finally reached an agreement and are ready to sign a formal cooperation agreement.

At 10 am on February 28th, Yanjing Huizhong Company headquarters, press conference hall, Fang Zhe and President Ma, several executives from Huizhong and Alibaba, and dozens of well-known media from home and abroad Reporters, gather together to witness the historical moment of cooperation between Huizhong and Alibaba.

"First of all, on behalf of Huizhong and Alibaba, I welcome friends from the media to participate in the signing ceremony of the cooperation between our two companies. Below, I have Mr. Fang from Huizhong and Mr. Ma from Alibaba to speak to you!"

To the warm applause of hundreds of media reporters serving as temporary audiences, Fang Zhe walked onto the podium with a smile on his face.

"Dear friends from the media, friends from reporters, partners who were invited to witness this signing ceremony, as well as senior executives from President Ma and Ali, welcome to Huizhong.

In the past, I often heard people say that Huizhong is like a new star in the Internet industry. It suddenly raided by a different army. In just a few years, it became a company with the same name as Baidu and Alibaba.

At the same time, it has rarely broken the curse of domestic Internet companies that it is difficult to go overseas, and has made some achievements in the world Internet industry.

Many people in the industry are studying, and many people ask me what is the secret of Huizhong's success. The answers given by experts and myself are the same, that is the current situation.

Many people say that Huizhong’s success is because it seized Tencent’s social opportunities. I don’t deny that, but I’d rather say that Huizhong seized the social opportunities on the mobile Internet earlier than Tencent. The opportunity is there. It does not belong to any one person, nor does it belong to any company. Whoever gets it first will be its owner.

Fortunately, Huizhong has seized the opportunity of WeChat and also defended this opportunity in the global competition.

Today, the total number of WeChat users worldwide is about to exceed 1 billion, and the total number of users in mainland China is close to 400 million. WeChat has become the world's largest mobile social software.

Such a huge amount of user data is an incredible wealth!

Friends who are familiar with Huizhong and I know that Huizhong has never been a solo company, and it has never been a tentacle company that has to do everything by itself.

Perhaps many media friends have noticed that Huizhong has made frequent moves in the field of entertainment and has made a lot of layout and investment in the recent period.

But in fact, most of the investment made by Huizhong is to use its own resources and capabilities to support and cultivate these companies, and to share and mine resources such as WeChat and Huizhong's huge data with our partners.

This time, our cooperation with Tmall is no exception.

Alibaba is a leader in the domestic e-commerce industry, and Tmall is the core B2C business platform of Alibaba. After the WeChat secondary portal is connected to Tmall, our two companies will be in data traffic, social e-commerce, etc. The fields go hand in hand and explore together.

I believe that the cooperation between our two companies will definitely help the two companies to a higher level, and at the same time provide better and more convenient e-commerce shopping services for domestic WeChat users."

After Fang Zhe gave a brief speech, he entered the media questioning session. A reporter from Sina.com was the first to be lucky enough to be asked by Fang Zhe:

"Hello, Mr. Fang, I am a reporter from Sina.com. I would like to ask if your company has invested in JD.com several years ago and now has invested in Tmall. Does this mean Huizhong will withdraw from JD’s investment? , Or will your company weaken its support for JD?"

This reporter's question is also a question in the hearts of most reporters present. They are very curious. Huizhong invested in Tmall. What should JD.com do?

Fang Zhe smiled and answered with ease:

"Hello, I think you may have fallen into a misunderstanding of thinking, that is, Tmall and JD.com are two competitors, and WeChat can only support one.

But in fact, WeChat is more of a user platform, including the opening of the secondary entrance this time. It is not limited to Tmall, including JD.com and other well-known e-commerce platforms. We will access the specific access method. It will be announced later. As for the specific competition in the industry, it is inconvenient for us to interfere too much.

Our support for JD.com also remains within the obligations due to the equity holdings."

"Then, has Huizhong communicated with JD.com before, and what is the view and attitude of JD.com President Liu on this?" the Sina reporter asked.

"Communication is of course there. We have gradually entered the stage of cooperation signing for all the e-commerce platforms we have accessed. This time we will hold a press conference specifically because Tmall is the first and the most A representative family.

As for JD Liu's views and attitudes, I think you can ask him in person if you have the opportunity!Thanks, next one!Fang Zhe finished answering the reporter's question, and then clicked on a reporter from Hong Kong's South China Morning Post.

The reporter’s question was a bit fanatical, because he did not ask about the cooperation between WeChat and Tmall this time, but asked:

"Hello, Mr. Fang, I'm Chen Wen, a reporter from the South China Morning Post. I would like to ask. Everyone knows that Alibaba launched contacts last year to compete with WeChat. There was a fierce battle between the two.

Now that Huizhong has invested in Tmall again, does this mean that the competition between Laixiang and WeChat has completely surrendered, and Huizhong's investment in Tmall is a cessation of Alibaba's land and peace!"

Wow, this reporter’s question stunned many people. It is indeed a reporter from Hong Kong who dare to ask anything. Looking at the embarrassing faces of President Ma and other Ali executives, the media colleagues here feel that, " South China Morning Post" eat jujube pills!