Chapter 1600 Questioning and Refuting

Teng Xun's road show has attracted the attention of global IT elites.

In fact, even if you pay attention, there is no need for these international IT giants to come in person.

The reason why they came here in person was not only Teng Xun, but also because of Teng Xun's current leader - Li Dong!

The name Titan Lee is now synonymous with legends all over the world.

The world's richest man, only 24 years old, self-made, win every battle...

These words have long been deeply rooted in the hearts of the people, and they are enough for big entrepreneurs all over the world to analyze and value Li Dong.

Although the industries in the distance are not all deployed globally, Weibo and WeChat alone are enough for everyone to pay attention to.

Facebook's Zuckerberg had been in the limelight in the past two years, but the international IT industry was actually looking at him.

But the distant side of Huaxia has suddenly risen from industry to the IT industry, rapidly expanding the IT industry.

Up to now, no one among the big names in the global business world would say that they don't know Li Dong.

And Zuckerberg, a new star in the IT industry, is now replaced by Li Dong, and the hope of regaining it is very small.

Some elites in the IT industry have long wanted to meet Li Dong.

Unfortunately, in these years, except for 2006, when Li Dong went to Europe for a tour, he has not been abroad for three years.

The difficulty of meeting Li Dong is much more difficult than meeting people like Bill Gates.

Coincidentally, Teng Xun's resumption of trading coincides with the world's largest technology stock financing plan. In 2009, the impact of the financial crisis has not yet passed. These IT giants also want to see if this miracle will happen.

In the end, without any prior contact from all parties, these heavyweights rushed over almost unanimously.

...

International IT giants actually have a lot to do with Huaxia.

Lei Jun was in charge of Joyo.com before, and Joyo was also in Lei Jun's hands and was acquired by Amazon.

Tan Haiying, the president of Yuanfang Mall, previously founded eBay with Shao Yibo,

Also acquired by eBay.

In addition, some Internet companies in Huaxia are backed by investing in international financial institutions, and these financial institutions have also invested in internationally renowned IT companies.

Investors from most financial institutions have also arrived today. With them, even if they are not familiar with each other, after a while, these global IT elites have become familiar with each other and chatted freely.

At Teng Xun's promotion meeting, it was obviously impossible not to talk about Li Dong.

When Zuckerberg mentioned Li Dong, in the crowd, Ma Yun smiled in fluent English: "Mark, don't say Titan Lee in front of him.

The dispute between him and Forbes has not yet come to an end. If you don't want to be entangled by him, it's better to call him Li Dong directly. "

"Li Dong..."

In fact, Zuckerberg is no stranger to Chinese. His current girlfriend is Chinese. Although his girlfriend’s Chinese is average, his girlfriend’s family and elders are still accustomed to communicating in Chinese. Too good at speaking, but still understandable.

After chanting Li Dong's name in unproficient Chinese, Zuckerberg nodded seriously and said, "Since Li doesn't like it, I'll call him by his Chinese name."

Seeing him getting serious, the others all laughed, and Li Yanhong laughed beside him and said, "Actually, he doesn't care whether he likes it or not, as long as you can bring him benefits, he can call him anything.

Can't bring him benefits, he is very vengeful. "

"Hahaha……"

Everyone laughed again. Almost all the IT elites present were proficient in English.

Those who engage in IT generally have a relatively low education background, and many of them have overseas study experience. In addition, they often deal with these capital institutions, and almost everyone can speak proficient English.

In Xiangjiang, almost all of them speak English when they meet foreign investors. This has nothing to do with being patriotic or not.

In such an occasion, it would be troublesome to let the translator do the translation.

Of course, in some public places in the Mainland, especially public speeches, if these people still speak English at this time, I am afraid they will be condemned.

Several people chatted for a while, and the vice president of Amazon took the initiative to ask: "A few days ago, Yuanfang announced the results of their e-commerce mall, and the transaction volume reached 20 billion US dollars in two quarters.

China's e-commerce market seems to be developing too fast. "

These words, in fact, have a lot of doubts in them.

In the two quarters, the revenue of 20 billion US dollars is nearly 140 billion yuan.

In fact, Yuanfang did not make too many false reports on this. The real transaction volume of B2C and C2C has indeed reached more than 130 billion.

But this speed is indeed terrifying.

You know, in 2007, the total size of China's online shopping market was only about 100 billion.

In 2008, due to the existence of Yuanfang, the development speed was much faster than in the previous life. Both Taobao and Yuanfang created a transaction volume of more than 100 billion, and finally the transaction scale of the entire online shopping market reached more than 300 billion.

But now halfway through 2009, Yuanfang claims that the online shopping market has reached a transaction volume of 140 billion. Ali also announced earlier that the transaction volume has reached 100 billion.

Coupled with the data from other platforms, in the first half of 2009 alone, the scale of China's online shopping market was the same as last year, close to the 300 billion mark.

According to this development speed, after the whole year, the final scale of China's online shopping market may exceed 650 billion yuan, or even exceed the 100 billion US dollar mark.

This is unbelievable.

How many years has it been?

China's online shopping platform is actually not as early as foreign countries. Even eBay, which is now recognized as the originator, was established in 1999.

Amazon was established in 1995, and eBay was also established in 1995, both of which were much earlier than Huaxia. When Shao Yibo returned to China to create eBay, he was actually following eBay at the time.

When Shao Yibo returned to China, his slogan for external publicity was to build China's eBay.

It can be seen that the Chinese e-commerce market started at least five years later than foreign countries.

But now, in China's online shopping alone, the transaction volume is expected to exceed 100 billion U.S. dollars in one year. In fact, this figure has already surpassed that of the United States.

As a big brother in the e-commerce field, Amazon has also achieved good performance growth over the years. In 2008, Amazon's annual revenue was 20 billion US dollars.

In the first two quarters of this year, Amazon’s revenue reached $13 billion, which is already a high increase.

It can be used as a global e-commerce platform, but in the blink of an eye, it was thrown away by the distance. Who would believe it?

You know, Yuanfang is only doing China's business now. Is China's consumption potential and the speed of online shopping really so fast?

For the data released by the distant place, in fact, the whole world is paying attention.

Many people question the extent to which the Yuanfang e-commerce company, which claims to have a half-year revenue of 20 billion U.S. dollars, has much water.

Amazon doubted it, while Meg didn't believe it at all.

Why?

Because as the world's second largest e-commerce platform before, eBay's revenue in the first half of the year was only less than US$5 billion.

Yuanfang's revenue for half a year is 100% higher than their annual performance.

Of course, Meg had resigned from eBay at this moment, and although she didn't believe it in her heart, she didn't say anything.

They didn't believe it, but Ma Yun said with a straight face: "Huaxia's market is vast and has a bright future!

Huaxia, with the largest population in the world, also has potential beyond imagination.

The data released by Yuanfang E-commerce Company is 20 billion US dollars, which includes their C2C business.

Just talking about the B2C platform, according to my understanding, the revenue of Yuanfang Mall in the first two quarters also exceeded 13 billion US dollars.

Of course, Yuanfang is now taking the road of small profits but high sales, and the profits are not as high as yours.

But in China, e-commerce is actually still in its infancy, and it hasn't reached the time when it will blossom and bear fruit..."

As an entrepreneur in Huaxia, he can compete with Li Dong in private and question the authenticity of Li Dong's data. At this time, facing the international giants, even if the data is true or false, it is still true.

What's more, Yuanfang Mall's revenue of 90 billion yuan in the first half of the year is a fact. As a B2C platform, it is China's pride to achieve this scale of self-operated business, which actually exists.

However, Yuanfang’s profit margin is indeed very low. For example, eBay’s revenue in the first half of the year was 5 billion U.S. dollars, but its profit was as high as 1.2 billion U.S. dollars, a 24% profit margin.

Of course, eBay is actually a special case, and Amazon's profit margin is not high, which is similar to that in the distance.

But now, everyone doesn't look at profits. For investors, how much profit is, that's a matter of the future.

The top priority is to seize the market, increase revenue, and improve the layout.

As for profit, when you seize the market, it will be a matter of time.

eBay's high profit margins have restricted their development, and multiple charging standards have made it difficult for them to expand. The pace of expansion around the world has been greatly restricted.

The defeat in China is actually a clear proof.

After Ma Yun finished speaking, Lei Jun, who was at the helm of Joyo.com, also said at this moment: "Miles, in China, there is a saying that without investigation, there is no right to speak.

Casually question the business data of a company, provided that you have detailed evidence to prove that the data is indeed false.

If not, it's real.

Amazon is indeed doing a good job, no one will deny this, but you have to admit that Yuanfang Mall is doing better.

It is not comprehensive to prove whether a company is good or not based solely on income.

However, Yuanfang's model has been well received by all consumers and has also proved their value to all e-commerce companies. This is enough for us to learn, what do you think? "

After being refuted by two people one after another, the vice president of Amazon pondered for a moment, did not argue, but nodded and apologized: "Sorry, I was too one-sided.

However, although Amazon's business in China has increased, it has not increased much..."

Lei Jun said speechlessly: "That's because the gains are all in the distance!"

As the former boss of Joyo.com, Lei Jun was quite ashamed to say this on this occasion.

Although he has resigned from Joyo.com, it is an indisputable fact that Joyo.com has gradually fallen behind in the past two years. Like Dangdang, the two dominant companies in the e-commerce field are now beginning to fall behind.

In the distance, Ali is the current overlord of e-commerce.

Next is not Excellence Dangdang, but the newly rising JD.com.

And Excellence Dangdang, at this time, can only be in the third-line camp with platforms such as Red Kids.

In addition, eBay, the originator of China's e-commerce back then, is now even more behind, and is almost about to withdraw from the China market.

As soon as Lei Jun's words came out, the others didn't say much.

Ma Yun also didn't say that the increase is on his side. After all, most of the treasures are C2C businesses. At this time, in front of these B2C business-oriented companies, it is meaningless to say that the increase is on his side.

What's more, even a third-party platform like C2C can't handle the self-operated business of Yuanfang, and it would be embarrassing to say it.

Those of them consider the market and the ranking, while others have a different focus.

Among the crowd, some investors consider the market value.

Amazon’s performance this year has not been low, with two quarters of revenue reaching US$13 billion. After the announcement of the second quarter financial report, Amazon’s market value has risen sharply. It has now reached more than US$38 billion and is expected to hit the US$40 billion mark soon.

If Yuanfang’s data are all true and reliable, what is the market value of Yuanfang Mall when it goes public?

It's still only Huaxia's side now, and if Yuanfang Mall continues to expand and become a worldwide platform, it will be much more terrifying.

Some of Li Dong's bragging words before seem to be confirmed now, and Li Dong may not be bragging.

Even now, regardless of the worldwide influence, just looking at the data, Yuanfang has surpassed Amazon and become the world's number one e-commerce platform.

As long as Yuanfang makes some deployments around the world and expands its overall influence, once it goes public, it is almost inevitable that its market value will surpass Amazon.

Thinking of the e-commerce platform, everyone couldn't help but think of Teng Xun.

Now that e-commerce has achieved this level, although most of Teng Xun's business is now limited to the domestic market, can't it really create miracles?

Priced at 5 billion Hong Kong dollars, a conservative market value of 300 billion Hong Kong dollars, about 40 billion US dollars, is it really impossible?

While everyone was meditating, there was a slight noise from the door.

Immediately afterwards, someone in the crowd said, "Mr. Li is here!"

"..."

After these people's voices fell, at the door, Li Dong had already laughed loudly and said: "Welcome everyone, I have been negligent, I was a little late last night, I got up too late, I just went to eat something, I didn't expect that the time is almost up, Sorry sorry!"

While speaking, Li Dong looked around and found that the entire multi-purpose hall was almost full of people, and he couldn't help showing a smile on his face.

This is a good start!

The road show, in fact, is afraid that there will be few people, it will be sporadic, and the atmosphere will not be mobilized.

The more people there are, the stronger the competitive psychology will be. At that time, as long as there are no major problems, it is inevitable that the stock will be popular.

The original plan was to invite 300 people, but now, there are more than 300 people. After looking around, Li Dongguang knew that the number of people coming would not be less than 500.

In Xiangjiang, it has exceeded everyone's expectations to have such a large scale.

After a brief greeting, Li Dong didn't go to the investor's side, but walked towards Ma Yun and others. He had already received news of these people's arrival.