Chapter 44 FedEx Invitation
In 1989, the development speed of the Internet in the United States showed a leap forward, and Cisco's World Network entered the ISP with a rampage attitude, with the support of its strong funds, the World Network has covered the first and second largest cities in the United States, with more than 380,000 users, and the NFS of the American Science Foundation Network has also developed rapidly, with 800,000 users. The cumulative number of users of other network backbone networks has also reached 750,000!
These commercially available Tier-1 networks have replaced NSF as the most extensive network in the United States!
To date, the number of users connected to the Internet is approaching two million. There are now only 370,000 Visa network credit card users, which is far from reaching the limit!
In the third and fourth weeks, the number of new Visa online credit card users increased almost exponentially. A month later, the number of Visa network credit card users in the United States has reached 1 million, and with the increase of Visa network credit cards, the United States has set off a wave of Internet shopping frenzy, and the sales of Nicholas Shopping Network have skyrocketed, and the total sales volume reached 100 million US dollars in this month!!
Although this data cannot be compared with department stores and supermarkets such as Wal-Mart, it is enough to shock countless people!
The potential for online shopping is endless!!
With the rise of the Internet, the number of Internet users will inevitably increase, once the number of Internet users exceeds 10 million, or even 100 million, then, how high will the sales of Nicholas Shopping Network be?!!
Many economists in the United States have begun to be active in newspapers, television and other media, and have expressed their views in a big way.
The New York Times: "Online shopping, convenient, cheap, and varied, allowing customers to buy their favorite products without leaving home, so I can conclude that online shopping will become a trend in the future!!"
Los Angeles Times: "Online shopping has become a fad in college, and in the future, it will be relevant to people's lives!"
The Wall Street Journal "The number of Internet users in the United States is increasing dramatically every day, and I can expect that once every American uses the Internet, the audience of a shopping site will be the entire American people, and Nicholas Shopping Network will become an online department store far beyond Wal-Mart!!"
Forbes: "In 1985, Walton became the richest man in the United States, but it may not be long before that ranking changes!"
Sammy Frances, a professor of computer science at Harvard University, claimed on CBS: "With Cisco's entry into the ISP industry, the commercial network backbone Tier-1 in the United States has developed rapidly, and we conservatively expect that in 1992, there will be more than five million Internet access users!!"
The host was surprised: "There will be five million so many ?!!!"
Sammy Frances said lightly: "This is just a conservative estimate, in fact, it may be more! Cisco's market value has recently exceeded 10 billion US dollars, and the behavior of such a capital predator is always unpredictable, because it always does something unexpected but extremely shocking! Just yesterday, Cisco announced that it would raise another 500 million US dollars from the World Network to lay more network fibers!"
"Not only the rapid development of the World Network, but also the American telecom giants such as MCI, Sprint, Worl, BBN, and ANS have begun to accelerate their pace, and the development speed of the Internet has become unimaginable!!"
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Nicholas Shopping Network CEO Geely Hurt is currently conducting a nationwide roadshow, and the preparation for the listing of Nicholas Shopping Network has been going on since the day the Visa network credit card was issued.
Wall Street analysts believe that once Nicholas Shopping Network is listed, its market value may be likely to surpass Netscape! Wall Street's 37 large investment companies are unanimously optimistic about Nicholas Shopping Network, 35 investment companies give Nicholas Shopping Network an assessment of "must buy a large amount", and 2 investment companies are a little more conservative and give an assessment of "need to buy a little"!
Henry held the financial statements and was almost tearless. This month, Nicholas Shopping Network lost $20 million or 30 million. Engaging in promotions and exchanging losses for performance really made Henry's heart bleed a little! However, the results were extremely gratifying. Through this campaign, the number of users of Nicholas Shopping Network exceeded 500,000, and one-third of them have become loyal users and are often active on the website to shop!
As soon as Henry finished reading the report, Fred Smith, CEO of FedEx, the world's best logistics company, called Henry and wanted to invite him to dinner!
Nicholas Shopping Network did shock a lot of people this time, if you count the industries related to this event, such as logistics and so on...... The impact of this event is staggering!
FedEx's performance this month has skyrocketed because of Nicholas Shopping.com, which is a 5% increase, which is not a small figure, but for a large company, it is simply moving!!
"Mr. Williams, tomorrow afternoon at five o'clock in the afternoon, the Wilshire Hotel in Beverly Hills, waiting for you!"
"Okay, I'll go!" Henry thought for a moment and agreed.
Nicholas Group also has its own logistics company, and after several years of development, it has begun to develop out of California and into the United States. It's just that the pace of development is very slow, and except for some key cities, other places cannot be covered. Nicholas Shopping Network still has to rely on a large logistics company like FedEx! Like this promotion, FedEx accounts for the majority, and Nicholas Logistics is operating at full capacity, and can only get one-fifth of the business!
The next day, Henry went to the hotel.
Fred Smith had been waiting for a long time, and he had booked a private room and invited Henry in for dinner!
Fred Smith's first impression of Henry was that he was a middle-aged man with a smile, a good communicator, and a fighting spirit! Before he came, Henry sent someone to collect information about him, his father died when he was four years old, and when he was eight years old, he became ill, and his right leg was affected, and for two and a half years he could only walk on crutches. After that, he also served as a soldier and was very interested in airplanes, so he started his courier career.
He took a huge risk and put his entire fortune of $8.5 million into FedEx. Even at the beginning of FedEx's development, it was not smooth, and there was often the possibility of bankruptcy. Fred Smith finally saw the light of day after a setback, with the investment of big Wall Street bankers, which led to the growth of FedEx to the point where it is now the best courier company in the world!!
Fred Smith was looking for what was going on with him, and Henry knew it. During the meal, Fred Smith talked to him about the logistics at all. However, Henry sensed that Fred Smith had been observing his patience, and that he had been able to get a head start in the negotiations that had been waiting.
After the main meal, the waiter brought some snacks.
At this point, Fred Smith said, "Mr. Williams, what do you think about logistics?"
"I think logistics has a lot to offer in the future. Henry said lightly, and only said one word. If you talk too much, you may fall right into his hands!
Fred Smith smiled and said, "Hehe, I think so too! I heard that Nicholas Logistics is out of California, congratulations!"
"Where, it's just a small fight, and it can't be compared with FedEx!"
"Nicholas Logistics is the fastest growing logistics company in recent years, and I think the potential is very good......," Fred Smith stopped halfway through his words, and then solemnly stated to Henry the purpose of today, "Actually, I asked you to come today to acquire Nicholas Logistics!!
"Acquisition of Nicholas Logistics Company?!" Henry was stunned for a while, he only thought that Fred Smith asked him to come over, it must be related to logistics, but he didn't expect that Fred Smith actually proposed to buy his own logistics company! This rhythm seems to be wrong, hasn't it always been his own company to buy other people's companies, but now he is actually being acquired by others? (The new book asks for all kinds of tickets, asks for collections...... )
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