Reborn Entrepreneurial Giant

In April, 58 and Ganji merged, Weibo was listed on Nasdaq, and the Internet landscape was changing. Time Jumei, with a market capitalization of nearly US$150 billion, successfully issued US$3 billion of convertible bonds.

Having money is good, and you can let go of development. The most important thing is of course e-commerce, followed by mobile payment and financial services, and then cloud computing.

Not to mention the e-commerce business, which is basically stable. The biggest change is that the proportion of mobile shopping is increasing rapidly, and Jumei’s personalized recommendation algorithm works very well. Without Jiang Fan, the mobile phone Taobao APP seems to be less attractive. Coupled with the influence of public opinion, the Jumei APP seems to overtake Taobao in the app store and become the number one shopping category download.

Although e-commerce retail is important, it no longer needs external financial support. What needs funds most is Time Financial Services, especially mobile payment, which requires strong local promotion capabilities. Therefore, several major domestic giants have all made efforts in the group buying market. Baidu officially acquired Nuomi.com, Alibaba raised the strategic position of Koubei, and Goose Factory injected capital into Dianping.com again.

The listing of Weibo relieved Wang Xing's financial pressure, but he led Meituan to strengthen the cooperation with Time Jumei without hesitation. In the arena surrounded by giant crocodiles, being weak is the original sin. If you can't become a giant, you are destined to be swallowed up. Time cooperates with Meituan and uses their local promoters to quickly popularize WeChat payment at major merchants.

It is said that Uber China, which is owned by Goose Factory, plans to acquire Yidao, which is supported by Baidu. However, Didi Kuaidi has merged with them, and their market share is very stable. Car hailing is of no value to Time Jumei.

UBer China and Yidao are not to be feared. Although they use the traffic of QO and Baidu, they do not support Alipay and WeChat payment. They need to call QO or Baidu Wallet, which directly locks the upper limit of development.

In the mobile payment scenario, as long as time does not make mistakes, only WeChat Pay will win in the end. This is an obvious fact. Consumers may open Baidu wallet and QO payment because of the discount, but your payment scenarios are too few, why should they ask for trouble?

As for financial services, with the launch of Shiguang Credit Score, the small loan business is progressing smoothly. After all, there was supply chain finance before, and now their private bank has been established, and various businesses have become more formal.

Let's put it this way, the bad debt rate of borrowing is about 1%, and the interest rate of credit loans for most individual users is 24%. Assuming that 10,000 yuan is borrowed out, 100 yuan cannot be recovered, and the other 9,900 yuan can earn 2,000 yuan a year interest, they still make money in the end.

Loan sharking is a good business, but even if it is put on the Internet, its essence cannot be changed. However, the domestic situation is special. The provision of borrowing services by Internet companies is not only an innovation, but also can make up for some defects or loopholes in the current financial system.

Time's "Jiubei and Huabei" will definitely provide services to consumers this year, and making money is almost certain, so Qu Li is not very concerned.

As for cloud computing, even if the investment in submarine optical cables is not considered, it is still doomed to lose money. Shiguang Cloud actually implements the Southeast Asia priority strategy and calls out the Asia Pacific priority. In addition to Hong Kong and Singapore, cloud computing centers also include Tokyo in Japan. In fact, Qu Li is even more radical. He wants to build data centers in Indonesia, Malaysia, Taiwan, Vietnam, and the Philippines.

In order to develop in Southeast Asia, the leadership in North America was handed over to HP, the leadership in Japan was handed over to Sony, and the leadership in Europe was handed over to Hutchison Whampoa. Of course, all of these are limited. After paying a certain price as a technology supplier, Time Cloud can regain the dominance, and Sony and the others can also voluntarily give up.

As for why Hutchison of the Li family is willing to invest in the high-tech industry, it may be because of the special attributes of cloud computing, which is the information infrastructure of the new era.

Being so radical naturally requires financial support and technical adjustments. For example, data centers come in different sizes, and you can also build a CDN site first...

Alibaba Cloud, which has adopted a different development approach from Shiguang Cloud, focuses on the domestic market and created a concept of a smart city, which is actually a government affairs cloud. I have to admire Ma Yun and Ari's ability to create words.

Ali plays this set in Zhejiang Province, and Shiguangjumei can of course play in Guangdong Province. Anyone who is not a baby can get local support. As for Goose Factory Cloud and Chrysanthemum Cloud, they are all younger brothers in front of Shiguangyun. The provincial capital, the first good place in Guangdong Province.

In addition, Guangguang Cloud is headquartered in Beijin. Should we support local high-tech enterprises? At least for now, Shiguang Cloud is ahead of Ali Cloud in all aspects. However, this did not make them feel much joy. Amazon's financial report announced that Amazon cloud computing AWS achieved revenue of US$4.6 billion in 2014.

Time Cloud can only hold a candle to it. The two sides are not at the same level, including the later Ali Cloud, which is king in China, but its cloud computing revenue is less than one-seventh of Amazon Cloud. Therefore, Qu Li strongly asked Shiguang Cloud to go out. Don't be afraid of the gap at the beginning, but dare to see the red with a bayonet, otherwise Amazon and Microsoft's cloud computing advantages will become bigger and bigger.

Neither Ahri nor the current Shiguang Yun are ruthless characters who are good at making comebacks. Only Chrysanthemum Factory has transformed from a follower to a leader, and the team is good at fighting tough battles.

"Don't be afraid if there are gaps. It's scary if you can't find the gaps. We have many people, they have technical advantages, and we have service advantages..."

Then, Shiguangyun began the development route of technological expansion. Qu Li personally went to Singapore and made a key choice that determined the future fate of Shiguangyun: "We can be inferior to them, we can fail, but I will not allow myself to back down..."

Time raised US$3 billion this time, with 1 billion invested in Shopee and Shopify, and 1 billion invested in WeChat and Instagram. The rest was invested in Shiguang Cloud. In addition, Yinghe Telecom in Xiangjiang followed the footsteps of Shiguang Cloud and built data centers around the world.

Most of the domestic Internet giants are heroes created by the times and cannot do without the large protected pool in China. Even many years later, BAT’s international business revenue is still less than 10%, and ByteDance, which has great potential, only accounts for 20%. about.

Qu Li wants to increase the proportion of international revenue to about 30% within 10 years. This does not seem to be very difficult:

Five years later, it will be difficult for WeChat and Instagram to earn US$20 billion in annual revenue. It is difficult to calculate the sales revenue of the Shopee platform, but its annual revenue should reach US$10 billion. Let’s count Shopify at US$5 billion. At that time, Guangyun’s annual revenue will be Is $5 billion difficult?

As for Time’s domestic revenue, it’s hard to calculate. International business may earn up to 40 billion U.S. dollars. So Time’s domestic revenue of 1 trillion should be possible, right? Goudong has done it! (End of chapter)