Chapter 706 Investment Strategies in International Markets
"Li Feng also has their own characteristics in doing this, because their business is too much and too complicated, and there is no so-called core main business, so in the process of the project going to sea, the difficulties are actually much greater than that of our Baibao.com. As a domestic ace e-commerce, even in the American market, we still have a certain reputation, but their Taotao network does not have it at all, and they have to rely on their own hard work. Long Yu said, "So Li Feng has to lay out in the overseas market so early in advance to undertake so many projects to go to sea." Judging from the current situation, his projects have gone overseas quite smoothly, at least all projects have successfully survived in the American market. ”
"I have to admit that Li Feng's ability is still good, he has launched so many projects at once, and they have all survived in the American market, and the various projects seem to have an organic relationship with each other, becoming a huge ecosystem, forming a certain complementary relationship between each other, and his Internet thinking of this set of operation projects, I have to admit, is very advanced. Xu Jinlin rarely praised Li Feng.
"What you said is very reasonable, Li Feng's Internet strategic thinking ability, I dare not say that it is the first in the world, at least it is the top, not to mention in the domestic market, even in the international market, few people can compare with him, even Rioport is a grade worse than him. Long Yu said, "His development speed is already rare in the world, without any accumulation, he has created such a large group company, and the projects he founded are stronger than the other, and the growth rate is geometric, which is really enviable." ”
"His thinking has always been relatively advanced, as early as the beginning, when he was an ordinary high school student, he has already shown amazing Internet understanding ability, not to mention the entrepreneurship in the past few years, this person is simply born for the Internet world. Long Yu said, "Now, it is already difficult for us to imitate him, if we continue to develop like this, I am afraid that we will really follow him and eat ashes." Lao Xu, we must hurry up and act, I heard that your Dahua has already begun to set up a presence in the American market?"
"I did have some layout, mainly because Fred was familiar with the American market, so I used his resources to open two offices in the east and west of the United States to start the business first. Xu Jinlin said, "Fred is still of some use, but he will definitely return to the U.S. market in the future, and I hope he can do more for UOB Fund when he can't go back now, and this time he will log in to the U.S. investment market, which is his credit." ”
"Fred, this young man is really good, but unfortunately he will not be with you for too long, and after the limelight in the United States passes, he still has to return to the American market and be the head of his investment fund, and it is impossible to work with you forever. Long Yu said, "Lao Xu, so you also have to think carefully about how to make the future path of Dahua Fund wider." ”
Long Yu actually already has an idea, because Baibao Group will also make strategic investments in the future to build its own Internet industry system, so he wants to bring Xu Jinlin's Dahua Fund into it and bind it more closely with the investment system of Baibao Group, so that Baibao Group can use the existing resources of Dahua Fund to win opportunities for investment.
Therefore, what Long Yu said just now is also useful, and I hope that Xu Jinlin can consider the transformation of Dahua Fund and carry out more in-depth cooperation with Internet companies.
Now, there is a foundation for cooperation between the two sides, after all, Dahua Fund is one of the important shareholders of Baibao Group, and the future development of Baibao Group is directly related to the performance of Dahua Fund, so Xu Jinlin must also be willing to do more in-depth cooperation with Baibao Group.
"Old Dragon, what do you mean, can you make it clear?" Xu Jinlin naturally heard some clues from Long Yu's words, so he asked.
"To tell you the truth, we Baibao Group will also set up our investment division to serve the construction of our Internet industry system, I hope that our investment department can cooperate more closely with Dahua Fund, you have channel resources and investment experience, we have technology accumulation and market judgment, if we can share the advantages, then the success rate in the investment market can be higher." Especially for future investment in the U.S. market, I think there will be a lot of room for cooperation between the two sides. Long Yu explained what he meant bluntly.
Xu Jinlin rolled his eyes and said: "This is feasible, but we need a detailed cooperation plan, the investment platform can be set up in our Dahua Fund, you can establish an investment pool, we can operate on our behalf, after all, we are a professional investment institution, you can send a team to cooperate with us, play the role of a think tank." Xu Jinlin said.
Xu Jinlin's approach is actually a reference to the cooperation between Li Feng and Pioneer Fund.
This method is to use each other's superior resources to achieve the optimal investment strategy at the lowest cost. Of course, the premise is that the relationship between the two parties is iron enough.
Needless to say, the relationship between Li Feng and Pioneer Fund is also strong enough now, after all, Dahua Fund is a shareholder of Baibao Group.
"Okay, let's find a way, I will formulate a specific plan, I will allocate a start-up capital, and test the water in the American market first. Long Yu said.
For Long Yu, now is the critical moment of how to maintain his position in the domestic Internet industry, Li Feng has taken the lead in rushing out of the country, and he has begun to surpass him in terms of status, which is unacceptable to Long Yu.
At least psychologically, he hoped that the two would still be on an equal footing, and he couldn't let Li Feng overwhelm him.
Therefore, the internationalization strategy of Baibao Group, on the one hand, has the factors of group development, and on the other hand, it is also the result of Longyu's own competition with Li Feng.
No matter what the result of this internationalization is, Long Yu hopes that he and Li Feng will stand on the same level, and he can't let Li Feng hold his head.
......
At this moment, Li Feng has already embarked on a flight to the United States with his team.
In the United States in winter, the market is much more deserted than in China, and many companies are still on vacation.
The plane landed in San Francisco, and the local branch sent someone to greet him, Li Feng, Li Tianlong and others got into the car and went to the Ark Company to meet with the head of the company, Merrick.