Reborn Entrepreneurial Giant

Qu Li's trust in Huang Zheng even surpassed that of Da Dongzi, but Lu Qi did not object. He had already communicated with Huang Zheng about Jumei's name change to Shiguang. The company changed its name. Wouldn't Shiguang's business jurisdiction be adjusted?

In other words, time belongs to Lu Qi's direct control, and Huang Zheng is fully in charge of Jumei's international business. All kinds of changes have long been beyond Qu Li's control, but the company has maintained rapid development.

Huang Zheng's rights are temporary, and there is still a year to go before the three-year rotation. This time, Huang Zheng is given a lot of compensation, improving his rank in the group, and giving him more responsibilities.

This also means that the jurisdiction of WeChat Pay has returned to Lu Qi, and more resources can be allocated to push it, and mobile payment can be used in more user scenarios.

The company changed from Jumei Time to Time Jumei, and Qu Li gave more people opportunities to grow, in order to promote the rotating CEO system in a few years and have enough outstanding talents. There is no need to tell Huang Zheng about these things. After taking over Shopee, they exchanged ideas.

"All in mobile!" This strategy must be firmly implemented to the end. Personalized recommendations are also very important. The other is cross-border e-commerce, allowing more third-party sellers to enter Shopee and do a good job of selling their own brands.

Self-operated business is the basis for the existence of the platform. Without self-operated, self-built logistics will be reduced to an express company, and self-owned brands are the source of profit. Except for electronic products, the gross profit rate of about 50% can basically be guaranteed in Europe, America and overseas.

This is not an exaggeration. In the 1920s, domestic sellers could have a gross profit rate of 30-50% in cross-border e-commerce in Southeast Asia. If there is money to make, there will be no shortage of sellers. When they make money, the overseas warehouses will not be empty, and the entire ecosystem will be able to run smoothly.

"Let third-party sellers share our logistics costs, this is what Jumei has been doing..." Huang Zheng explained his thinking, don't be greedy for other people's profits, the platform is in your own hands, and the e-commerce infrastructure is well established, and you will eventually benefit The most important thing is the platform.

Just like the current Jumei Logistics, although it has not made money, after the painful period of opening up to the outside world in the past few years, it has not only improved the capacity of warehousing, transportation and distribution, but also reduced the scale of investment. If there is no international business, it may be profitable. balanced.

Qu Li is also not sure what is hindering Shopee. It has obviously developed, but many people in the company, including him, think that it has not met expectations. Therefore, Huang Zheng is under a lot of pressure. I don't know how far he can be considered as meeting expectations, or being excellent.

Because of the existence of the technology center, the number of programmers needed by Shopee has been greatly reduced, including the existing intelligent recommendation algorithms in China. Huang Zheng can use them directly or refer to them. Anyway, he is the ultimate responsible person.

Qu Li, Shen Haoyu, and Huang Zheng were handing over while communicating, and the execution efficiency was still very high. Times Instagram and WeChat are temporarily short of advertisers, but Jumei itself needs traffic, as well as Glory, Fenghua International, Xiangyun, Future Geometry...

It is better to be cheaper than outsiders. Shopee is supported by Instagram and WeChat traffic in the new market.

Of course, Qu Li and Lu Qi have more to consider. For example, the US dollar is gradually strengthening, and global funds flow to the United States. Most countries are facing currency depreciation. Southeast Asian countries are no exception, and Ruanmei currency is no exception. The impact is growing.

But when Qu Li was working hard for time to gather beauty, another accident happened: Su Zifen, CEO of Glory Spreadtrum, sent an email to Qu Li, asking Lei Jun to resign.

"Why?" Qu Li thinks that he is generous to the technicians, especially Su Zifen has a lot of equity incentives, and the annual salary and bonus are always higher than those of his peers.

"AMD invited me to be the CEO." Su Zifen flew to Singapore

"Because of our cooperation with them?" Qu Li wondered

"Not exactly, but it did play a certain role." Su Zifen

Qu Li just felt that it was a wrong payment. He didn't say that Aunt Su Zifen would respond to every request, but he took good care of all aspects, which can be regarded as full of sincerity. This year's flagship phone was not released on time, and he didn't blame Su Zifen and her team. They are all "British Lords"!

When Su Zifen talked about AMD’s predicament, the stock price fell into the dust, and the capital market was guessing when AMD would go bankrupt. At this time, she is really not only looking for profit, but also a lot of personal pursuits!

Qu Li knew that it was difficult to dissuade him, so he asked about the chip design. This 64-bit architecture chip magically changed the ARM A57 core.

"We redesigned the chip using the ARM 64-bit architecture. The core of the self-developed architecture has a direction but it still takes time, so we magically changed the ARM public version architecture, using TSMC's 20nm process, large and small core designs, and two magically modified Cortex -A57 plus 6 A53 cores, Imagination's GPU has been optimized to a certain extent, and NPU chips have been added..."

"The performance of this chip is a bit worse than that of the Apple A8, including the Qualcomm Snapdragon 810 with 4 A57 cores. The performance of a single modified A57 core is basically the same, and the power consumption is reduced by more than 25%."

"Our next-generation chip will use a core of self-developed architecture, and will use Samsung's 14nm process, which will improve performance by 4 times compared with the Cortex-A15 in 2012, and reduce power consumption by more than 75% (exceeding the ARM Cortex-A72 core)."

"Well, the performance is slightly higher than ARM's Cortex-A57, but the power consumption control is much better than our modified version..."

After listening to Qu Li, there was no surprise or joy. Apple's iPhone 6 mobile phone with A8 processor has achieved unprecedented success. The sales of such a mobile phone exceeded 100 million units. It is this iPhone 6 and 6S that have established Apple's invincible glory. Various costs have been diluted to the limit, and the profit margin is extremely high.

In any case, Honor cannot surpass Apple in cost control, especially the investment in chip design is not less than Apple, but the marginal cost is higher when the usage is halved.

"We have also developed a four-core chip with two large and two small chips, which can provide a good price-performance ratio for this flagship." Su Zifen continued: "We have made some progress in the GPU project jointly developed with AMD, and the performance is easy to improve. Power consumption is not easy to control. I will continue to promote this project when I join AMD..."

Qu Li didn't know how to evaluate Su Zifen's achievements. In November, he released a mid-range phone with the Qualcomm 808 chip. The price starts at $300, and it uses high cost performance to resist the impact of Apple's IPhone 6.

The sales of Honor mobile phones have reached a new high this year, but the gap with the IPhone has widened. This is the most frustrating thing. How useful is the NPU chip? Is there any value in the self-developed architecture chip? Qualcomm has failed, and the executives are gone. Can Spreadtrum succeed?

"The current chief architect of Spreadtrum's self-developed architecture chip is very good. I hope Tianming can continue to support him. He will not let you down..." Su Zifen finally said something for his subordinates

"Are you really going?" Qu Li asked sadly

"Spreadtrum has achieved more than half of the success here, and I want to accept greater challenges."