Chapter 2752 Long-Term Considerations
Ladan really wanted to act quickly.
After these days of understanding, he knew that this should be the largest project of Tata and Feng Yiping's cooperation, and the most promising one.
He also knew that e-commerce is not as simple as building a platform. There are too many related aspects of work, and none of them are simple.
The elite team that Feng Yiping has mobilized can naturally play a very important role.
"Within 48 hours, we can prepare the personnel, venue, and other work," said Ambani.
Feng Yiping's success in Jiasheng Ali also made him jealous.
This is the new economy he likes.
In front of Feng Yiping, they notified some things, mainly the transfer of personnel.
But Feng Yiping believed that they must have had plans for these things in the past few days.
Seeing them so active, he was relieved.
In his speech, Lao Ma talked about the significance of India to e-commerce companies and the reasons why e-commerce companies should choose India as their first choice when expanding overseas. He said a lot, but there was a very key point that he didn't say.
Although he and Feng Yiping both hope that e-commerce companies can take root in countries around the world, they are also very clear that this is very difficult in some European and American countries.
Our ability to defeat eBay and Amazon in China does not mean that we can easily defeat eBay and Amazon in the United States. It is very likely to be the other way around.
But in India, after Feng Yiping's operation, there is a good chance that the success in China can be replicated.
Success in India will naturally help future development in South Asia.
Feng Yiping regards China and these places as the basic plate.
First, ensure the leading advantage in these regions, so that there will be more capital in the future to compete with other e-commerce companies, mainly American e-commerce companies, in Europe and the United States.
Of course, they have some other ideas. For example, Feng Yiping thinks that if such a strategy is implemented well, it will naturally help the sales of many domestic companies.
Many of our products, such as small commodities, household appliances and clothing, are very competitive in the world.
He also knows that among the two current platforms, Jiasheng Mall will become more and more popular in the future, and the original Taobao is relatively unsuitable for domestic development after consumption upgrades, but the products of many merchants on Taobao are very suitable for India because of their good quality and low price.
In this sense, Feng Yiping also hopes to expand sales channels for customers on domestic e-commerce platforms.
And it should be a good channel.
India has developed very well in the fields of media, film, entertainment, software and creativity, which are not closely linked to the secondary industry. The ideas are very novel, the business model is very mature, and there is a good talent reserve mechanism.
Especially in the cultural industry, because many middle and senior managers are hired from Hollywood and Europe at high salaries. They are not only more in line with the international standards, but also have strong specific production and creativity-this is why Feng Yiping spent a day in Bollywood.
It has to be said that at this time, overall, in terms of cultural creation, we really have a gap with India.
But apart from this, as long as it is related to the primary and secondary industries, India really has nothing to say. In industry, it is well known that there are no highlights. In agriculture, except for special products that have nothing to do with the day after tomorrow, there are also no highlights.
Some of India’s problems, such as the backwardness of infrastructure, are caused by the backwardness of industry and manufacturing.
If there is a leading e-commerce platform in India, it is equivalent to moving our "small commodity city", "clothing city", "electrical appliance city" and so on to the Internet to a certain extent.
He believes that many sellers on the Taobao platform will be more suitable for India in the future, because many Indians, objectively speaking, have high expectations but low skills. They want to travel to Switzerland, but their psychological price is $10 a day - Taobao is a magical platform to meet such wishes.
From the reality of India, the e-commerce model has a very good foundation, so it should also be able to develop greatly in India.
In India, there are hypermarkets like Carrefour and Walmart, but other smaller supermarkets, including convenience stores such as Youjia under Jiasheng, are still hard to find.
Even in a first-class metropolis in India like Mumbai, the ones who undertake these responsibilities are still small stores similar to the grocery stores in China. They generally have a very wide range of business, from tobacco to saris to biscuits to oil, salt, sauce and vinegar.
However, due to the limitation of funds, these stores are generally small in size. In order to maximize the use of space, their feature is to hang up many commodities, so that many small stores have a curtain composed of various commodities at the door.
E-commerce, which does not need a storefront, will be welcomed by many people.
And Ladan and Ambani also look a little excited.
Feng Yiping knows that it should be the achievements of Jiasheng Alibaba E-commerce Group in just a few years that make them look forward to it.
Seeing them so active, Feng Yiping is relieved.
With such two active local snakes, many problems he is worried about can be solved quickly.
For example, the express delivery problem that Feng Yiping is worried about, when they heard about it, they both said that it was not a problem at all, "Feng, we have a large population," they said with a smile.
In fact, the important thing is not the large population, but the cheapness.
As long as you can pay two or three dollars a day for a job like that, it doesn't matter whether you want 100,000 or 200,000 people - so, our labor costs are low? This is really low!
The big thing is settled, so naturally the next step is to talk about other things that everyone is interested in.
"Feng, how do you think the subprime crisis will develop next? Do we need to deal with all the bonds related to Wall Street?" Bin Laden asked.
"The collapse of Lehman will accelerate the process of the subprime mortgage crisis and deepen the impact of the subprime mortgage crisis, so I think we need to deal with more than just Wall Street-related investments," Feng Yiping said.
"Are you saying that the crisis will quickly endanger other areas?" Bin Laden became serious.
"Of course, when all financial institutions have liquidity problems, then companies in other industries will inevitably face liquidity problems,"
Ambani nodded thoughtfully, "It stands to reason that during this period, U.S. banks will naturally not provide liquidity to the market,"
"So Feng," he looked at Feng Yiping, "do you think this is a suitable time for us to buy the bottom?"
Feng Yiping said sincerely, not only are you sharp-minded, but you are also really not polite at all. As soon as you become a partner, you immediately hope to receive free advice.
Maybe, successful people are so shameless and familiar?
"I think, at least for the next year or so, as long as you hold cash, you won't have to worry about no opportunities,"
"If so, haha," Bin Laden and Ambani laughed almost at the same time. "This is a rare opportunity. For this, we also have to have a drink."
This is truly a rare opportunity.
Generally speaking, it is European and American companies that invest and acquire companies in China or India. When the reverse is true, it is really rare.
"Tata hopes to seize this opportunity," Bin Laden said.
It is not surprising that he has such an idea. Among the well-known industrial groups in India, Tata must be the first one that wants to achieve industrial success.
They will definitely not miss such an opportunity.
"I hope we will have the opportunity to cooperate in the future," he raised his glass towards Feng Yiping.
"I'm looking forward to it," Feng Yiping touched him.
Ambani saw this scene in his eyes. Bin Laden, an old guy, had a better relationship with Feng Yiping.
Just as he was thinking this, Feng Yiping turned around and said, "Ambani, I also hope that we will have opportunities to cooperate in the future."
"You know, I really like mergers and acquisitions,"
"Definitely," Ambani smiled and raised his glass.
Rodan smiled as he watched their interaction.
He understood Feng Yiping's arrangements very well.
From Feng Yiping's perspective, in India, relying too much on the Tata family is naturally not a good thing in the long run.
He hopes to cooperate with Feng Yiping in the long term, and actually welcomes such a triangular relationship.
And when the three of them were laughing at the wine table and talking about the opportunities brought to them by subprime mortgages, things developed in the United States that quickly exceeded many people's expectations, and were even better than what Feng Yiping described to Lauder. Faster and fiercer.