Wanting to speak with facts, Ye Dongqing didn't defend anything at the moment, he didn't think that Amazon had any chance to win the market in Huaxia, and soon because the investment was not proportional to the return, he would sell Huaxia Station back to blood.

When that time comes, Ye Dongqing will be able to eat this piece of meat and take over the resources and channels that Amazon has invested in, anyway, he has invested in it, it is nothing more than a matter of turning his left hand into his right hand, even if he loses, he will not lose too much.

It doesn't matter how he shrugged his shoulders and reminded directly: "You are the CEO, you can make your own decisions about this development strategy, but it's best not to invest too much energy over there, although you are more experienced, but I see farther and analyze more thoroughly than you, and the market environment there is different from what you imagined." ”

In this kind of divisive issue, too much entanglement is not interesting, Mr. Jeff Bezos is more stubborn, this kind of character is both a good thing and a bad thing for the CEO, before tasting the bitterness, he is not willing to let go of the big cake of Huaxia easily, naively thinking that with experience, he can go to Huaxia to replicate success like in other countries.

He nodded and said to Ye Dongqing, "I will consider your suggestion." ”

Well, obviously not taken to heart, Ye Dongqing also stopped talking about this topic, and said: "I saw in the media, saying that Amazon is crazy about recruiting economists this year? My Tamsui Investment Group also goes to Harvard, Yale, Columbia and other prestigious universities to recruit employees, but it's not as crazy as you, there are fifty PhDs in economics at once, are you sure it can have an effect?"

"Of course, they don't just write papers, I'm trying to develop new machine learning algorithms that will help me evaluate whether the price is reasonable, the precise user needs, and whether the ads are effective.

If we can have an automated decision-making mechanism, then Amazon will have the upper hand over the competition, and I can learn a lot from Walmart's success, and it is learning from us. In fact, it is the most invincible way to let Wal-Mart and Amazon combine, but when they sent a team to try to acquire Amazon as a whole, I still directly refused, this company has recently tried to take the road of online stores, fortunately it is only for Wal-Mart stores, there are still many shortcomings. ”

Ye Dongqing sighed in his heart when he heard this, and was a little worried, Wal-Mart has money, transit warehouses all over the world, and in addition to ready-made logistics and transportation channels, if it really fights with Amazon, it will have the absolute upper hand.

He went back to before this era.

In terms of size and capital strength, Walmart is the only retailer that has the ability to compete with Amazon. In my memory, Walmart has been taking aggressive actions since 2010 to compete with Amazon's online business.

Amazon, on the other hand, is trying to find a way to integrate a large number of physical retail stores into its online shopping empire, hoping to achieve a development model that combines online and offline.

If with his appearance, history has been changed, so that Wal-Mart Group pays attention to online sales channels in advance, then Ye Dongqing will re-estimate Amazon's growth potential, after all, the opponent is too strong, if forced by Wal-Mart's online business, Amazon is likely to lose a considerable part of the potential retail market, in that case, not to mention the market value of more than one trillion US dollars, ten years later can reach 100 billion US dollars is a problem.

Thinking that I couldn't be so unlucky, I hurriedly asked: "So what did Wal-Mart do after you refused? I just continue to try the online mall business that Amazon is developing now, you should know that if people sit at home, they can use computers to buy all kinds of goods from Wal-Mart online, and provide short-term home delivery business, then our company will be miserable, there are Wal-Mart everywhere, all over the world, we can't compete with it!"

Mr. Bezos made a small gesture, organized the language, and answered Ye Dongqing's question: "I have also thought about this, but it should be no problem in the short term, Amazon's business volume is still very small compared with Wal-Mart, and the profit is not high, and they have no reason to enter this market yet."

At that time, I was also worried that Walmart would become a competitor to Amazon, and I was shocked when it began to recruit a large number of programmers, and then I sent someone to investigate, and found that they just wanted to develop a program that users can place orders online, and then go to Walmart to settle the bill, and take the goods away, so it is more convenient for people to shop, so Amazon is still safe until now. ”

It's no wonder that the two are a little nervous, competing with a retail giant with hundreds of stores and a market value of more than $200 billion, which is really a little lacking, even if Wal-Mart has some ideas to get involved in this area, to invest in eBay and so on, it is enough to crush Amazon with a huge flow of money.

None of this has happened yet, but it can happen.

Ye Dongqing lowered his voice and suggested: "Maybe when those PhDs in economics come to work under you, the first project should be to assess the threat that Walmart may pose."

However, given the market's long-term tolerance for low gross profits and losses of Internet companies, Wal-Mart, on the contrary, is close to being stereotyped and has become an established retailer, and perhaps its managers will not allow Wal-Mart to lose money for a long time. ”

“...... I haven't thought about this, but it's possible, since Walmart can make a profit with its existing resources, why sell at a loss through online channels, I remember that its net profit margin is not high, and the transportation costs alone are enough to crush the entire project. ”

Just hearing Wal-Mart's name made Mr. Bezos feel a lot of pressure, and he breathed a sigh of relief and continued: "Unless they are willing to re-create a new online shopping company independent of Wal-Mart, it shouldn't be too much trouble, right?"

Ye Dongqing didn't know, and nodded subconsciously, more like comforting himself and reassuring himself.

But there has always been a voice in his heart telling him that if the managers of Wal-Mart are desperate, then Amazon's trouble will be big, after analyzing the current market situation, I think the possibility exists, but it is not high, after all, the scale of the entire online shopping market is still very small, and it is not worth the attention of the retail predators.

Now the foundation is still too weak, only dare to develop secretly under Wal-Mart's nose, Ye Dongqing said: "Don't provoke Wal-Mart, or other retail chain giants in recent years, the more I think about it, the more I feel that I am in a very dangerous situation now, in my opinion, the most critical factor to win the victory, is the centralized logistics and distribution center, the profit difference of two or three US dollars for a piece of goods, is enough for us to win in the online market, have you ever thought about making the packaging box cheaper?"

......