Reborn Entrepreneurial Giant.
Chapter 322 Times Cover
Chapter 322 Times Cover
The supply chain is a very broad thing. Wal-Mart's 30 SKUs (stock keeping units) are already the pinnacle of traditional retail companies, but Amazon has 3.5 million SKUs. In the base camp of the world's factory, Aligoudong will not have fewer than Amazon.
With hundreds of millions of products, traditional retail companies are doomed and will have to rely on informatization. However, self-operated SKUs will still be limited to probably no more than 100 million.Don't think that there are only a few. Regardless of Amazon or Goudong, a traditional entertainment industry is to learn from third-party sellers. If it sells well, it will be self-operated, and if it has high profit margins, it will develop its own brand.
Of course, this is easy to criticize, but it is the rule of the game for peers in the industry. No one in this position will give up such a good method that is easy to learn and make money.
Qu Li was not concerned about these. He asked Zhang Wensong, who was transferred back to the headquarters from Juyun Technology, to develop the information flow and personalized recommendation system, which is the "thousands of people and thousands of faces" on the mobile phone.
"The mobile phone screen is so big, so it must be redesigned, taking into account the user's network usage, reducing the picture resolution when using data, taking into account the network speed when using WiFi, and the most important thing is of course the stability, smoothness and security of the application. …”
"Consumers often don't know what they need, so they need us to help them discover their needs. For example, when buying maternal and infant products, they will automatically be linked to milk powder. We also need to judge a person's consumption level and consumption habits. For male users, forget it. Speaking of male users..."
Although Qu Li can't develop programs, he can determine the design ideas and let them know where the direction is. It doesn't matter if he can't do it now. He is not the one who suffers anyway.It is obvious that the development of mobile applications is on the agenda.
With the mobile shopping APP, even if Shopee sends all its PC traffic to Google Shopping, how big of an impact will it have?Taobao Goudong’s mobile shopping accounts for more than 99%, and Amazon’s mobile shopping will account for as much as 69% in the future, so Shopee will not lose money.
Shopee is not losing money, but FB is losing money. Zuckerberg is not very happy with the cooperation between Google and Shopee. Originally, Zuckerberg wanted to build a social e-commerce shopping platform, but the company was developing too fast and he was too busy. In addition, he lacked experience. , Shopee did not cooperate and did not do anything.Well now, Qu Li gave up FB and chose Google. Is this looking down on him or FB?
Qu Li communicated with Xiao Zhaotongshoe via email and expressed his thoughts. He could retain more than 700 of the more than 600 senior talents in Google China, which could transform Jumei from an e-commerce company into a technology company, such as his current Cloud computing is taken very seriously.
"Cloud computing may become the Internet infrastructure in the information age. Amazon, Microsoft and Google all have similar businesses..." Qu Li seduced Xiao Zha in the email. If he has the ability, FB can also do cloud computing. You will compete to the death in North America. He went to Japan, South Korea, the European Union, and Southeast Asia to develop markets.
After several emails, Qu Li learned about FB’s situation and gave each other some suggestions. It could be regarded as an exchange of sympathy between peers. The development of FB cannot be said to be smooth sailing, but it has not been too difficult. The number of global users is close to 4 million. MySpace, the previous largest competitor in the United States and controlled by News Corporation, has fallen behind.
"Google wants Brady not necessarily for Google Shopping, but also for Twitter." Zuckerberg gave Qu Li a reminder in the email.
"..." This is something Qu Li never expected. After accepting his commission, Brady became a member of Twitter's board of directors for a three-year term, which has certainly not expired now.
Twitter's popularity in Silicon Valley is second only to FB. After institutions such as Sequoia joined, Twitter became more standardized. There are about 1.5 million users worldwide. The user growth rate once exceeded Facebook, which put a lot of pressure on Xiao Zha.
Facebook tried to acquire Twitter in 2008, and Google planned to acquire it last year, but was rejected by Twitter management.Twitter now plans to open a new round of financing, with a valuation of about US$30 billion. Although it is far less than FB's valuation of about US$150 billion, this growth rate is already very fast.
Of course, it's not all good news. Facebook has increased its investment in mobile, other competitors are competing to imitate, and the profit model is unclear.
No matter who wants to acquire Twitter, Qu Li’s long-term investment cannot be avoided. With up to 15% of the shares, he is the largest investor after the founder. Yang Zhiyuan’s personal investor in Yahoo is also likely to promote Yahoo’s acquisition of Twitter. .But just kicking Yang Zhiyuan out, and now trying to get him to contribute, it shouldn't be an easy task.
Qu Li wanted to get involved in Twitter affairs at first, but it was too difficult. A group of Americans would let you, a middle-aged man, control their public opinion. He thought too much, unless he was a Jew.Vision was able to have a seat on the Twitter board of directors and specially arranged for an American to go there. He originally wanted to arrange for Lu Qi to go to Facebook, but he is Chinese and Lin Bing is American, but his popularity in the United States is too low.In short, Xiao Zha regretted it.
It’s nothing. Anyway, Vision Investment’s shareholding ratio is only 3%. It is a small shareholder. It has successively saved Facebook and Tesla and invested in Twitter. It is well-known in Silicon Valley, and it has successfully launched venture capital projects in Silicon Valley. , and was not excluded by the entrepreneurial team in Silicon Valley.
Eros’ DST missed Facebook and is still unknown in Silicon Valley. No, Gao Ling and DST invested in Jumei and made five times their profit in less than a year. This has been widely praised on Wall Street and A-shares.Dinghui and Victoria Harbor also enjoy the same treatment. As for the first few venture capital investors IDG and Sequoia, they also gained both fame and fortune.
There are also Dadongzi and Capital Today. Due to the share exchange acquisition of Jumei, Dadongzi holds 500 million shares of Jumei. He is the largest shareholder after Qu Li, Lin Bing, and Chen Danlin. The current amount is about 2.5 million US dollars. He himself Still very happy.
Domestic technology media commented that 2009 was the Year of Jumei, which suddenly emerged as a representative of the Internet economy when all traditional industries were in tatters.Some people also say that 2009 was the year of Qu Li, because Honor has achieved greater achievements, with annual revenue exceeding US$100 billion in less than three years since its establishment.All these achievements are related to Qu Li.
Qu Li's influence in the country at this time has a tendency to surpass that of Taobao Baoyun. Even Time Magazine can hardly ignore him. After he refused to shoot the cover of Time Magazine's Asian edition, the American edition took the initiative to come to him, so let's shoot it. , Who in this world does not pursue fame and fortune?
Of course, there will be interviews when taking photos. They are all clichés. Qu Li has repeated them many times. This time he just repeats them again. For example, his relationship with Vision Investment. Qu Li said: He was the most important investor in the early days of Vision Investment. , who facilitated Envision’s investments in Facebook and Tesla.
When a reporter from Time Magazine asked him to sum up himself, Qu Li said: "lucky"
"At first, I just wanted to be a fast fashion clothing e-commerce company, but with the help of Ali's founder, Teacher Ma Yun, I stepped onto the central stage and made tens of millions of people across the country know me. Then there was Mr. Qiaobusi, who He invited me to attend the iPhone launch event and then met Mr. Schmidt. Otherwise, I would probably have established the Honor brand after the establishment of the Android Alliance. Without the support of Google, it would be difficult for Honor to gain the trust of suppliers..."
"So I feel that I am very lucky. In the early days of my growth, I was able to meet the best entrepreneurs from China and the United States, which opened my horizons..."
Soon after, Qu Li appeared on the cover of the American edition of Time Magazine, with the title "A Lucky Entrepreneur"
The supply chain is a very broad thing. Wal-Mart's 30 SKUs (stock keeping units) are already the pinnacle of traditional retail companies, but Amazon has 3.5 million SKUs. In the base camp of the world's factory, Aligoudong will not have fewer than Amazon.
With hundreds of millions of products, traditional retail companies are doomed and will have to rely on informatization. However, self-operated SKUs will still be limited to probably no more than 100 million.Don't think that there are only a few. Regardless of Amazon or Goudong, a traditional entertainment industry is to learn from third-party sellers. If it sells well, it will be self-operated, and if it has high profit margins, it will develop its own brand.
Of course, this is easy to criticize, but it is the rule of the game for peers in the industry. No one in this position will give up such a good method that is easy to learn and make money.
Qu Li was not concerned about these. He asked Zhang Wensong, who was transferred back to the headquarters from Juyun Technology, to develop the information flow and personalized recommendation system, which is the "thousands of people and thousands of faces" on the mobile phone.
"The mobile phone screen is so big, so it must be redesigned, taking into account the user's network usage, reducing the picture resolution when using data, taking into account the network speed when using WiFi, and the most important thing is of course the stability, smoothness and security of the application. …”
"Consumers often don't know what they need, so they need us to help them discover their needs. For example, when buying maternal and infant products, they will automatically be linked to milk powder. We also need to judge a person's consumption level and consumption habits. For male users, forget it. Speaking of male users..."
Although Qu Li can't develop programs, he can determine the design ideas and let them know where the direction is. It doesn't matter if he can't do it now. He is not the one who suffers anyway.It is obvious that the development of mobile applications is on the agenda.
With the mobile shopping APP, even if Shopee sends all its PC traffic to Google Shopping, how big of an impact will it have?Taobao Goudong’s mobile shopping accounts for more than 99%, and Amazon’s mobile shopping will account for as much as 69% in the future, so Shopee will not lose money.
Shopee is not losing money, but FB is losing money. Zuckerberg is not very happy with the cooperation between Google and Shopee. Originally, Zuckerberg wanted to build a social e-commerce shopping platform, but the company was developing too fast and he was too busy. In addition, he lacked experience. , Shopee did not cooperate and did not do anything.Well now, Qu Li gave up FB and chose Google. Is this looking down on him or FB?
Qu Li communicated with Xiao Zhaotongshoe via email and expressed his thoughts. He could retain more than 700 of the more than 600 senior talents in Google China, which could transform Jumei from an e-commerce company into a technology company, such as his current Cloud computing is taken very seriously.
"Cloud computing may become the Internet infrastructure in the information age. Amazon, Microsoft and Google all have similar businesses..." Qu Li seduced Xiao Zha in the email. If he has the ability, FB can also do cloud computing. You will compete to the death in North America. He went to Japan, South Korea, the European Union, and Southeast Asia to develop markets.
After several emails, Qu Li learned about FB’s situation and gave each other some suggestions. It could be regarded as an exchange of sympathy between peers. The development of FB cannot be said to be smooth sailing, but it has not been too difficult. The number of global users is close to 4 million. MySpace, the previous largest competitor in the United States and controlled by News Corporation, has fallen behind.
"Google wants Brady not necessarily for Google Shopping, but also for Twitter." Zuckerberg gave Qu Li a reminder in the email.
"..." This is something Qu Li never expected. After accepting his commission, Brady became a member of Twitter's board of directors for a three-year term, which has certainly not expired now.
Twitter's popularity in Silicon Valley is second only to FB. After institutions such as Sequoia joined, Twitter became more standardized. There are about 1.5 million users worldwide. The user growth rate once exceeded Facebook, which put a lot of pressure on Xiao Zha.
Facebook tried to acquire Twitter in 2008, and Google planned to acquire it last year, but was rejected by Twitter management.Twitter now plans to open a new round of financing, with a valuation of about US$30 billion. Although it is far less than FB's valuation of about US$150 billion, this growth rate is already very fast.
Of course, it's not all good news. Facebook has increased its investment in mobile, other competitors are competing to imitate, and the profit model is unclear.
No matter who wants to acquire Twitter, Qu Li’s long-term investment cannot be avoided. With up to 15% of the shares, he is the largest investor after the founder. Yang Zhiyuan’s personal investor in Yahoo is also likely to promote Yahoo’s acquisition of Twitter. .But just kicking Yang Zhiyuan out, and now trying to get him to contribute, it shouldn't be an easy task.
Qu Li wanted to get involved in Twitter affairs at first, but it was too difficult. A group of Americans would let you, a middle-aged man, control their public opinion. He thought too much, unless he was a Jew.Vision was able to have a seat on the Twitter board of directors and specially arranged for an American to go there. He originally wanted to arrange for Lu Qi to go to Facebook, but he is Chinese and Lin Bing is American, but his popularity in the United States is too low.In short, Xiao Zha regretted it.
It’s nothing. Anyway, Vision Investment’s shareholding ratio is only 3%. It is a small shareholder. It has successively saved Facebook and Tesla and invested in Twitter. It is well-known in Silicon Valley, and it has successfully launched venture capital projects in Silicon Valley. , and was not excluded by the entrepreneurial team in Silicon Valley.
Eros’ DST missed Facebook and is still unknown in Silicon Valley. No, Gao Ling and DST invested in Jumei and made five times their profit in less than a year. This has been widely praised on Wall Street and A-shares.Dinghui and Victoria Harbor also enjoy the same treatment. As for the first few venture capital investors IDG and Sequoia, they also gained both fame and fortune.
There are also Dadongzi and Capital Today. Due to the share exchange acquisition of Jumei, Dadongzi holds 500 million shares of Jumei. He is the largest shareholder after Qu Li, Lin Bing, and Chen Danlin. The current amount is about 2.5 million US dollars. He himself Still very happy.
Domestic technology media commented that 2009 was the Year of Jumei, which suddenly emerged as a representative of the Internet economy when all traditional industries were in tatters.Some people also say that 2009 was the year of Qu Li, because Honor has achieved greater achievements, with annual revenue exceeding US$100 billion in less than three years since its establishment.All these achievements are related to Qu Li.
Qu Li's influence in the country at this time has a tendency to surpass that of Taobao Baoyun. Even Time Magazine can hardly ignore him. After he refused to shoot the cover of Time Magazine's Asian edition, the American edition took the initiative to come to him, so let's shoot it. , Who in this world does not pursue fame and fortune?
Of course, there will be interviews when taking photos. They are all clichés. Qu Li has repeated them many times. This time he just repeats them again. For example, his relationship with Vision Investment. Qu Li said: He was the most important investor in the early days of Vision Investment. , who facilitated Envision’s investments in Facebook and Tesla.
When a reporter from Time Magazine asked him to sum up himself, Qu Li said: "lucky"
"At first, I just wanted to be a fast fashion clothing e-commerce company, but with the help of Ali's founder, Teacher Ma Yun, I stepped onto the central stage and made tens of millions of people across the country know me. Then there was Mr. Qiaobusi, who He invited me to attend the iPhone launch event and then met Mr. Schmidt. Otherwise, I would probably have established the Honor brand after the establishment of the Android Alliance. Without the support of Google, it would be difficult for Honor to gain the trust of suppliers..."
"So I feel that I am very lucky. In the early days of my growth, I was able to meet the best entrepreneurs from China and the United States, which opened my horizons..."
Soon after, Qu Li appeared on the cover of the American edition of Time Magazine, with the title "A Lucky Entrepreneur"
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