Author: Banlou Yaofeng

At the end of 2011, Qu Li's New Year's Eve speech became a hot search topic and created many online words. Some people paid attention to the love story of Qu Li and Chen Danlin, some liked their "Chapter", and Internet entrepreneurs and financial media were studying it.

Discuss "first principles" and "enabling", Context, not Control.

After several years of hard work, Qu Li seems to have reversed his public image. In the past, he thought he liked to brag, but now more people see his "sincerity". No matter how Qu Li donates money, glory and beauty will always be with him.

Under his control, he could basically spend whatever he wanted while he was alive. If he died, he might still have an inheritance of tens of billions.

Outside noise, including Chen Danlin, could not affect Qu Li's decision. He discussed Fanxing Fund and social enterprises with his friends. He really wanted Jumei to become a social enterprise. He already had a roadmap. He would first build on Jumei's internal and external advantages.

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Survival in life must be the first priority. To live well, it is necessary to do charity. As long as Jumei controls it well, it is possible to achieve stable profits. However, it certainly did not control it well this year. Jumei Logistics has invested too much.

Bought a lot of land to build a warehouse.

Therefore, while Jumei's revenue reached a new high, its losses reached a new high. Fortunately, the stock price did not fall, and the market value was relatively stable. It is about to exceed 25 billion US dollars. It is considered a relatively good company in the trust crisis of Chinese concept stocks.

Qu Li also talked about some gossip in his speech, including his views on Chinese concept stocks, group buying, mobile Internet and cloud computing. He has a relatively consistent view and is optimistic about mobile Internet entrepreneurship.

"The group buying model seems too perfect. It is an intermediary business for information matching. It is obviously more suitable for a platform like Ali. It is not suitable for honest people like Jumei who have a heavy life burden and make hard money in supply chain management."

When communicating with Ma Yun, she said:

"Some people may say that Juhuasuan is actually a platform, but looking at the essence, the essence of the platform is to serve sellers well and attract buyers; we position the company as a technology and service company engaged in supply chain management. We

Both self-operated and private brands rely on the improvement of supply chain management capabilities."

"In the future, we will have an in-depth understanding of every link of the industrial chain and try to control some areas with overcapacity. For example, Koala Food will sell more guaranteed food."

“Ali Taobao wants consumers to spend more time on their website, and Juhuasuan wants to improve consumers’ shopping efficiency, which will enhance your shopping experience...”

Anyway, it’s just all kinds of hype, labeling Jumei Juhuasuan and Taobao.

Ma Yun refuted him at the beginning, saying that every seller in Tianmao is a legally established enterprise, and the products sold are safe...

"Can I say that I don't believe it?" Qu Li

"Then how can we trust Jumei?" Ma Yun

The two had a small confrontation, and Qu Li used "blockchain".

"This is a decentralized distributed ledger technology that records all transactions that occur on the network and saves these transactions on multiple computer nodes. Each transaction block will be encrypted..."

Ma Yun did not understand technology and was successfully deceived by Qu Li. Blockchain technology with full traceability has also become a hot topic. However, because there were too many hot topics in this speech, it distracted attention. Many people only paid attention to Qu Li’s donation.

He gave away all his shares in "Jumei" and "Glory". It was passed around, and Qu Li donated all his wealth.

Even the United States has been affected, with many investors calling the two companies to get more detailed explanations and avoid investment risks.

"Fanxing Fund is a shareholding platform under my personal name. It does not involve the transfer of ownership. I promise that all funds under the fund's name will be used for public welfare purposes. Because I am worried about the future life problems of individuals and families, under extreme circumstances, I and my

Future generations have the right to withdraw up to 5% of the donated funds in the future..." Qu Li explained on Twitter, promising that there will be no plans to cash out the shares under the name of Fanxing Fund within 18 months, and the shares with super voting rights will not be moved for the time being.

any changes.

Qu Li accepted an interview with a well-known reporter from a US TV station and had a "frank and in-depth" exchange about this behavior. For example, he has formed a "management philosophy" and "management thinking" in the past few years. In the future, companies such as Netflix will use it because of it.

By successfully spreading similar ideas, does Qu Li plagiarize other people's ideas in advance?

Every successful company has "internal driving force". American reporters interviewed Jumei Company and felt their unique management culture and corporate values.

"Our investment in overseas markets is not to compete with Amazon, but to create more value for consumers. The purpose of Tongda Network is..."

Tobias Luke, the founder of Shopify in Canada, stayed on and came to China to attend Qu Li's New Year's Eve speech. Qu Li had a friendly exchange with him. Jumei's acquisition of Shopify is legal and compliant, allowing venture capital and founders to

The team is satisfied. Under the guidance of the "empowerment" idea, in addition to compliance construction, it also provides various resources and help.

Tobias Luke's visit to Yangcheng to report on his work also allowed overseas employees to better understand Jumei's management culture, including the founding philosophy of the "Zhongtai" organization: The external environment is constantly changing, and market competition is extremely fierce. We must accept challenges and continue to

Innovation. The middle office is a service department that coordinates various resources within the enterprise and can reduce the need to reinvent the wheel.

Young Tobias Luke also accepted an interview with the media and introduced the difference between the Shopify model and Shopee: "Amazon is an empire, while Shopify is provided by sellers who have the courage to resist..."

Shopify is not only a website building tool, but also an application store, allowing more people to help sellers build e-commerce websites. Now it also has Stripe, a payment tool invested by Jumei. It is developing a POS system based on Honor core to provide offline physical stores.

For sellers, it provides offline and online inventory synchronization, and tools that allow you to open stores on Shopee and Shopify at the same time.

What is this called, rural areas surrounding cities? If possible, Tongda Network will spread their nodes along this channel to every corner of North America.

Some can be said, and some can only be done quietly. Jumei will announce its financial reports for the last fiscal year and this natural fiscal year at the same time in January this year. The GMV in 2011 is approximately more than Amazon's GMV of US$47.2 billion in 2010.

It is impossible for Bezos not to be nervous about the expansion of Shopee in Jumei. But Shopee serves Google search, and Shopify serves Facebook. This is his view of Jumei. Qu Li uses the two major traffic platforms in the United States to compete with Amazon, and his intentions are very sinister.

ah.

"How about we attack Tongda Network on the grounds of information security?" Someone from Amazon discussed the plan against Jumei

“Who will Facebook help?” Some people are not optimistic

The relationship between Qu Li and Xiao Zha is not good, but he is a shareholder and the two parties have cooperation.

Competitors are busy responding to the changes brought about by Qu Li. Social networks at home and abroad are full of discussions about Qu Li. Some people analyze the differences between Chinese and foreign cultures behind Qu Li's decision...

Is that great? This is what he hopes. Qu Li is a Chinese entrepreneur who is greatly influenced by traditional culture but maintains an open and enterprising mind.
Chapter completed!