Reborn Entrepreneurial Giant

"Our cloud computing is under the banner of Jumei overseas, and it is almost unknown."

"No, we are listed on the US stock market, and the market value is very high." Jumei internal discussion

There are about 15 global IT companies with a market capitalization of more than US$100 billion, including Glory, Ahri and Jumei in China. Both Goose Factory and Baidu have a market value of more than US$50 billion.

"European and American societies lack understanding of the Chinese market."

"..." This is hard to say, there are active and passive reasons for this situation.

"Then what do you mean?" Qu Li didn't understand, so what's the use of saying this

"Time is more famous around the world." Lu Qi

"Time Mtime?" Qu Li bought this company for this domain name at the beginning. He originally wanted to provide "book, video and audio" value-added services for Jumei members. Up to now, the situation has undergone many changes.

"Mtime WeChat has more than 500 million global users, and Mtime Instagram has more than 300 million users. In addition, the US media's hype on privacy and security has affected our development speed in Europe and the United States, but it has expanded our popularity..." Lu Qi

"At this time, using the Mtime brand to promote cloud computing, will there be more targeted attacks?" Qu Li worried. As the first company to go abroad, Lu Qi and the others went from being shocked to accepting the fact that they were targeted. Li's calmness played a role in stabilizing people's hearts. Big Boss, don't panic, what are you panicking about?

"This has nothing to do with the brand name, it has to do with our origins." Now that they are definitely being targeted, Lu Qi and the others naturally know "why" with their intelligence. Some conflicts are difficult to reconcile, so they can only silently accept and work hard to resolve them.

The cooperation between Jumei Cloud and HP in the United States has started, and it is still going smoothly, but there are still many internal frictions. HP wants to get the source code of Jumei Cloud Computing, how is this possible, unless their cloud computing is carried out iterations.

"But the name represents the popularity and strength. If we really want to further target us, it might not be a good publicity opportunity." Lu Qi had "fantasies" in his heart

"Do you want to use the Time Cloud brand overseas?" Qu Li

"More than that, I want to change the company name to Time." Lu Qi

"..."

This idea is so bold that Qu Li is a little confused.

"What about domestic users?"

"Jumei is still Jumei. Shiguang has 600 million WeChat users, and WeChat has exceeded 1.1 billion. Time has a greater influence in the world." When Lu Qi said this, Qu Li felt that this was the case.

"WeChat has 1.1 billion users?"

"Yes."

"Haha~~haha~~" Qu Li suddenly felt a little pleasantly surprised. The original idea was to develop an app with one billion users. Unexpectedly, it has only been a few years?

"Then change the name." Qu Li didn't care.

"You don't mind?" Lu Qi

"There's no need to care about that." Qu Li wanted to call him Wan Hei back then!

"Then I'll make preparations." Lu Qi, changing the name is easy, but the impact needs to be resolved.

This is not about Qu Li's business, he won't deal with it anyway. Soon he skipped work and returned to his home in Yangcheng to exchange feelings with Chen Danlin and take care of the children by the way.

The two of them discussed that they were planning to sell the Yingke Center in Beijin, but they did not expect that the occupancy rate exceeded 95% after it was converted into an office building. Already have a stable profit. So the deal is temporarily terminated.

In fact, in the past few years, Li Bancheng has sold domestic properties, and Xiangjiang Investment has taken over a shopping mall in Yangcheng.

Although Qu Li doesn't want to be a real estate developer, but Xiangjiang Investment has an astonishingly large real estate fund. If he doesn't make use of one or two, he is not a qualified businessman.

What a pity! Running a business is far more difficult than speculating in real estate. No matter what the reason is, the Yinghe Center that Chen Danlin wanted to build failed to do well after all, and the revenue was lower than the industry average.

"I will find a seller this year, and next year I will take advantage of the improvement in the market to trade." Qu Li and Chen Danlin said that if they honestly do a good job in long-term rental housing, they will have completed their merits and virtues.

The two long-term rental housing brands Jinxiu and Jinlin are located in more than a dozen first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen. With the development of Jumei and Glory, they have expanded their business to Xiangjiang and Singapore.

"We already have nearly 50,000 rooms, the overall occupancy rate is about 95%, and the annual revenue exceeds 200 million." Chen Danlin said proudly

"Is it already on such a large scale?" Qu Li realized that he underestimated Chen Danlin

"Of course, we are very close to our plan of 100,000 rooms." Chen Danlin

Assuming that each room averages 30 square meters, 50,000 rooms equals 1.5 million square meters, which is not much at all. Qu Li means that after managing 100,000 rooms, comprehensive consideration should be given to the operating conditions, financing environment and management level.

The current long-term rental housing area is generally 30 to 50 square meters. In the future, there may be low-cost long-term rental houses of about 10 square meters, with a monthly rent of less than 1,000 yuan for extreme space utilization.

I don't know how long this price can last. Later, it cost 1500 for 10 square meters in Shanghai.

"After we sell Yinghe Center, the money will not only be used for business operations, but also increase the proportion of self-owned properties." Qu Li

Yingda Real Estate owns high-quality real estate resources for long-term rental housing, and sells the rest to real estate funds. The current ratio may be 1:9, which can be increased to 2:8 in the future.

Assuming that the monthly rent of Yingda Real Estate’s long-term rental house is 50 yuan per square meter, a total of 3 million square meters, the monthly rental income is 150 million yuan, and the annual rental income is 1.8 billion. Assuming that the cost per square meter is 30,000 yuan, the total investment of 3 million square meters is 90 billion yuan, and the highest annualized income The rate is only 2%, but also to pay taxes.

Fortunately, housing prices will rise, rents will rise, the cost will not be so high, and the tax rate may be reduced. But in any case, if you invest tens of billions, you won't make much money, which is similar to doing charity.

With the mentality of doing charity, Chen Danlin made the two long-term rental housing projects of Yingda Real Estate very impressive.

After talking about Yingda Real Estate and Yinghe Telecom, Yinghe has become the largest data center company in Xiangjiang and Singapore, which exceeds the actual needs of Jumeiyun, but Amazon, AWS, and Microsoft Azure will definitely need it.

Yinghe Telecom has become the largest telecom operator and the largest data center service provider in Xiangjiang. Although once again burdened with huge debts due to the acquisition, the financial data has improved in an all-round way.

"Since it's all good news, let's take a trip to Jiangsu and Zhejiang after Double Eleven is over, to see the bustling scene." Qu Li

"What is there to see? There are tall buildings everywhere in Yangcheng and Pengcheng." Chen Danlin

"Then go and experience the Jiangnan water town."

"It's really a trip, you don't have anything else to do?" Chen Danlin doubted

"The first World Internet Conference in Wuzhen is about to be held, let's make a stop."

"It's not interesting."

"When you go to the water towns in the south of the Yangtze River, you can appreciate the small bridges and flowing water; when you go to the banks of the Qinhuai River, you can listen to the music and think about the fireworks in the world!" Qu Li continued to persuade.

"Who do you want to hear sing?" Chen Danlin

"No one, aren't you curious about Wu Nong's soft words? I'm a little tired recently and want to take a rest."