The next morning, as soon as Li Guangyu had finished breakfast, Li Xuelan reported to him that Jim Walton, the second son of the Walton family, arrived in Toronto yesterday and had a meeting with the president of Lauberlaw, Canada's largest retail group.

At the same time, Motorola President Paul Galvin personally arrived in Ottawa to meet with the head of the Canadian communications department and the chairman of its joint venture, Mobile Communications Canada.

Canada has a population of more than 30 million, and its market potential is not as good as that of many Asian countries and regions, regardless of its large land area.

If it weren't for Canada's special location, Li Guangyu would really not attach so much importance to it, but looking at the reaction of the United States, the other party is very concerned about the market here, and he just arrived in Vancouver, and the other party came here, and obviously aimed at himself.

Li Guangyu said: "Xuelan, don't care whether Wal-Mart wants to join forces with Lauberus to block us, at present, the turnover of your supermarket group has exceeded six billion US dollars, and the other party expects that this year's turnover is similar to ours, but our stores are all owned, and the profits are far from comparable to them, we have enough financial resources to deal with the competition of Wal-Mart, and I will not withdraw funds from your group at this year's summary meeting." ”

Wal-Mart is a listed company, and every year it publishes the company's operating and financial conditions, and last year, Wal-Mart's turnover has exceeded $4.5 billion, and the growth rate is very fast, even if there is no $6 billion this year, it is not far behind.

Hengyu Supermarket Group was able to suppress Volvo in turnover thanks to Li Guangyu's continuous investment in it over the years, and Li Guangyu has injected more than 15 billion Hong Kong dollars into Hengyu Supermarket Group over the years, and Hengyu Supermarket Group has a lot of gains in the stock market.

If it weren't for this, Hengyu Supermarket Group wanted to suppress Wal-Mart so quickly, which is simply a fool's dream.

You must know that in the past few years since the establishment of Hengyu Supermarket Group, Li Guangyu has not taken a penny out of this group, and has continued to invest in it.

Now Hengyu Supermarket Group is quite rich on the books, the more supermarkets open, the more they press, the payment they press is very terrifying, Hengyu Supermarket Group and the supplier's payment is a quarter, and now they don't need Li Guangyu to inject capital at all.

Li Xuelan said: "Li Sheng, I intend to arrange Li Yibo, vice president of the group, to be responsible for the development of the Canadian market, with Vancouver, Montreal, Ottawa and Toronto as the center, so that our Hengyu Supermarket Group throughout various cities and market towns in Canada, and at the same time, we 7-Eleven is also stationed in Canada, and Hengyu Supermarket to join hands to seize the Canadian retail market." ”

Li Guangyu recognized this arrangement, and Li Yibo had done a very good job in the Philippines, allowing Hengyu Supermarket Group to occupy a dominant position in the Philippine retail supermarket market.

Although the situation in Canada is far more complicated than that of the Philippines, this side not only has to face the competition of local supermarket giants, but also has to deal with competition from Wal-Mart, and at the same time has to guard against possible Carrefour moves.

Although the pressure on this side is relatively high, Li Guangyu believes that with Li Yibo's ability, Hengyu Supermarket Group can gain a firm foothold in the Canadian market.

Li Guangyu instructed: "You instructed Li Yibo that the Canadian market is different from the Xiangjiang and Southeast Asian markets, and after coming in, we must carefully investigate the shopping habits of Canadian citizens, and reasonably plan the layout of our supermarkets and the goods on the shelves according to the actual situation here. ”

Li Xuelan is naturally aware of this matter, and even many places in Southeast Asia have adjusted according to the local situation, even if Li Guangyu does not specifically instruct her, she will arrange this aspect of the matter.

At present, they Hengyu supermarket group is mainly to open supermarkets, and in the future they will build a one-stop shopping center, when the investment will be greater, at present they mainly occupy the market, the shopping center is still a bit advanced, the group's financial resources are not allowed.

Although their Hengyu Supermarket Group does not do real estate, they have more properties in their hands than countless real estate companies, and Li Xuelan has never been satisfied that Hengyu Supermarket Group is just a retail supermarket group.

She hopes that when the shopping center is built in the future, Hengyu Supermarket Group can reach into the real estate industry, so that with the support of the two pillars of retail supermarket and real estate, she can make Hengyu Supermarket Group sit firmly in the position of the first group under the Li consortium.

Li Xuelan knows that the real estate industry must have unlimited prospects, otherwise there would be no three groups mainly engaged in the real estate industry, Xingyue, Xingguang and Wheelock, and each of them is very large.

Although each group has now divided its labor and focused on developing its own main business, Wheelock has also established its first commercial center in Tin Shui Wai, Wheelock Plaza, where many of their industries will be settled.

However, the future one-stop shopping center of Hengyu Supermarket Group is operated by Hengyu Supermarket Group alone, and she has a reason to let Hengyu Supermarket Group undertake this project by itself, and she believes that Li Guangyu will not object at that time.

When the time comes, it's a big deal to pull several other major groups to jointly develop in that area, and everyone can benefit from developing their own businesses, and they can develop residential buildings, which is the best of both worlds.

Li Guangyu does not know Li Xuelan's thoughts, his planning for Hengyu Supermarket Group has never developed to the real estate aspect, and in the future, Hengyu Supermarket Group will combine online and offline to completely sit firmly in the world's largest retail group.

When Li Guangyu was discussing the affairs of Hengyu Supermarket Group with Li Xuelan, a number of news appeared in newspapers and periodicals in the United States today, with the focus on Canada.

First of all, the official spokesperson of Wal-Mart Group announced that in the new year, Wal-Mart will establish 30 new hypermarkets in Canada, bringing the number of Wal-Mart hypermarkets in Canada to 50.

At the same time, Motorola officially announced that Motorola has reached a cooperation with the City Bank of Chicago to obtain a billion US dollar capital injection from the City Bank of Chicago, and Motorola will increase investment in Canadian mobile communications companies to accelerate the deployment of signal base stations in Canada.

Ford Group also announced that in order to better deploy the North American market, Ford will consider establishing a production base in Canada, and Vancouver will be their key consideration area.

When Lee Guangyu arrived in Vancouver, companies and groups in the United States that competed with the Lee consortium announced their entry into the Canadian market, and all made official announcements on the same day, which made people feel that several companies had secret negotiations and even joined forces, in order to snipe at the Lee consortium in the Canadian market.

Ordinary American citizens did not know that the day before yesterday, those top figures in the United States held a special meeting in New York, the core of which was the Lee consortium.

The collective entry of these groups into the Canadian market was also decided at this meeting, and the US consortium must resolutely suppress the power of the Lee consortium from the American market, and cannot allow the Lee consortium to continue to expand.

At present, the Lee consortium has occupied the Asian market and is developing the Western European and Australian markets, once the Lee consortium develops the American market, then the Lee consortium will really become the climate, and they don't want to see such a thing happen.

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