Whoa......

Long Yu's words attracted a wave of warm applause, after all, the vast majority of those engaged in the e-commerce industry are small and medium-sized sellers, and now there is a big guy who stands up to speak for small and medium-sized sellers, no one is not welcome, and Long Yu's two sentences just now obviously add points to Baibao.com.

The current situation is extremely favorable for Baibao.com, as the global mall gradually fades out of competition, in the Chinese market, they are the only ones who can really influence the direction of the entire market.

Now the only thing that makes Baibao.com feel jealous is Taotao.com, which has just been established by New Dream Group.

However, after all, Taotao's foundation is very shallow, whether it is in its own construction or in the construction of the system, the gap with Baibao.com is still very large, and the new dream group itself is not an e-commerce group, and the e-commerce industry is just one of the areas for it, which is different from the strategic focus of Baibao.com's main e-commerce field.

Therefore, in Long Yu's view, the e-commerce forces that want to really threaten Baibao's position in the industry no longer exist, and it is time for Baibao.com to make a name for itself and officially ascend to the throne of domestic e-commerce hegemon.

Therefore, at this e-commerce exchange conference, Long Yu was so high-profile, not only made a keynote speech, but also announced the next strategic direction and overall goal of Baibao Group.

As a well-known economist and a god-level figure in the economic circles who stands at the forefront of the world and at home, Long Yu's remarks just now are obviously openly challenging his authority.

Of course, Long Yu already has such an industry status, but Li Changfeng is also firmly on the side of New Dream Group this time. After all, Baibao.com does not have much intersection with him, and Li Feng is a potential figure in the international Internet industry that he is very optimistic about.

"Mr. Long just said very well, I also very much agree with the business model of Baibao.com, now Baibao.com can achieve such a high industry status, and your industry forward-looking and leadership is inseparable. The host Lu Jin said, "Here I want to talk about a little gossip, that is, when you founded Baibao.com, it was Mr. Li and you together, and Mr. Li still occupied a considerable proportion of shares in Baibao.com at that time, what was the reason for Mr. Li to withdraw from the shares?"

This question of Lukin is not only very gossipy, but also quite challenging.

Except for a few people in the industry who know the situation, the vast majority of people do not know why Li Feng withdrew from the shares of Baibao.com, and this issue has always been a concern for everyone.

But the essence of this problem was that at that time, Long Yu noticed that Li Feng's power in the Baibaowang system was gradually growing, and his prestige was even higher than his own, which had threatened his core position in the entire Baibaowang power system, so at that time, Long Yu adopted a strategy of weakening Li Feng's role and gradually squeezing Li Feng out of the core power layer, which led to Li Feng's withdrawal.

Except for the people in the high-level power system of Baibao.com, few people understand this matter. In the final analysis, Long Yu lacked confidence in front of Li Feng, and even felt that he would be replaced by Li Feng.

"I think this is an investment strategy for Mr. Li, after all, as an investor, the purpose is to make a profit, and Mr. Li's vision is unique, and the layout of various fields of the Internet also requires a lot of funds, so at that time, Mr. Li chose to withdraw from the shares of Baibao.com, which proved to have played a great role in promoting his career development. Of course, this is just my personal understanding of Mr. Li, which is not necessarily correct. Long Yu said slowly.

Long Yu's statement didn't seem to be wrong at all, and it couldn't be seen that it was because of Long Yu's embarrassing position in the power structure that Li Feng was excluded.

"Haha, so what does Lee always think about this?" Lu Jin continued.

"The concept of online shopping did not exist in China at the beginning, but Mr. Long and I both agreed very much, and wanted to do it very much, at that time Mr. Long already had a project called Baibao.com, we participated in it as an investor, and followed it all the way to develop and grow. It can be said that this is a good project, but in the end, this is not my own son, I am just an investor. If our group wants to make greater achievements in the Internet field, then it is imperative to lay out the e-commerce field, so I chose to quit Baibao.com at that time, but also to do my own e-commerce sector, and now Taotao.com is the result of our efforts. Li Feng said.

Li Feng's words did not show any flaws, and they well concealed the fact that the two parted ways because of the contradictions in the power structure.

Zhao Yin, who was sitting in the audience, admired Li Feng quite a lot, and he was quite clear about the whole ins and outs at that time, but Li Feng's answer seemed very artistic, avoiding the core, but it was also completely logical, it did not give people the feeling of polite words, it seemed more real, this is Li Feng's strength in handling public relations.

"So when Mr. Li withdrew from Baibao.com, Xu Jin of Dahua Fund Company immediately intervened, what did you think about it at that time?"

"After the transformation of Dahua Fund into Internet investment, we are very optimistic about Baibao.com, and we have been following up and looking for opportunities to invest. When we noticed that Mr. Li's funds were withdrawn from Baibao.com, it was an excellent opportunity for us, so at that time, we immediately got in touch with Mr. Long, intending to invest in Baibao.com. As it turned out, our decision was very timely and correct, and now Baibao.com has become a leader in the industry, and the growth potential is still very large, the valuation has exceeded 3 billion, and it may exceed 5 billion in two months, and it may reach 10 billion by next year. So we must be holding on firmly, and the return on this investment is far greater than all the other projects combined. Xu Jinlin's words were not without pride.

Historically, UOB Fund Company has gradually gone downhill since 2005, from the original largest investment fund in China to a second-rate or even third-rate fund company.

However, in that world, the United Overseas Fund Company has never transformed into the Internet field, and has been spinning in the traditional field.

Now this UOB fund has undergone a major change, through the investment in Baibao.com, it has indeed achieved huge returns, and this part of the income can always keep the UOB fund in the first echelon of the investment industry. Backed by the big tree of Baibao.com, even if they lie down and sleep, it can make the total assets of the fund company rise.

This made Li Feng feel that it would take a long time to defeat Xu Jinlin.