Carrefour's current majority shareholder is Bernard Arnault, the richest man in France and the owner of luxury goods giant LVMH, who seems to be a supporter of some traditional Tibetan tycoon, and it is not known whether they are motivated by faith or other purposes. However, it was not the richest man who met Zhou Shi this time, but the incoming Carrefour CEO George Prassat. To be honest, Zhou Shi was promoted when he met him, and he is now only the chief operating officer of Carrefour.

"I'm sorry to come this time!" said Georges Prassat

"You're welcome!" Zhou Shi said lightly, they were not familiar with each other, and they were still from Europe, so there was nothing to be polite about.

"Bernard Arnault was supposed to come to see you this time, but there was something improvising, so I had to come over, and if I had the chance, I would definitely invite you to France......" Georges Prasart

"It's an honor to ......" Zhou Shi said insincerely, and it makes sense to have the opportunity. Of course, you have to learn a little bit about the scene, and it's not good for him to directly say that he is very interested in you, right?

Universal Music is willing to negotiate, and Carrefour takes the initiative to come to the door, which is both a challenge and an opportunity, and it depends on how to grasp it. European society is a difficult place to describe, but conservatism and innovation coexist, and in general, the old is stronger. There are many powerful companies here, and their status has remained largely unchanged for decades, unlike in the United States, where start-ups have risen and technological innovation has changed life all the time. Carrefour should be regarded as a relatively conservative company, even after a few years, the transformation of this enterprise has not been completed, unlike Wal-Mart actively embracing the Internet and making many changes and investments. It's no wonder that the luxury industry, although it is said that it also chases fashion, is more about creating fashion. As a giant in this industry, Louis Vuitton's boss Bernard Arnault is confident enough to face the changes in the world, even if his confidence is misplaced, even if his thinking has not kept up with the changing times.

Carrefour's purpose in contacting Zhou Shi is for Carrefour's Chinese business, they have wanted to withdraw from the Chinese market since a few years ago, but unfortunately due to the price negotiation, it may also be that local Chinese companies do not have this strength at present. A simple analogy, the current leaders of the Chinese retail market are China Resources Vanguard and Sun Art Retail (RT-Mart), of which the market value of Sun Art Retail, listed in Xiangjiang, is about 10 billion US dollars, with sales of 78.8 billion, and the sales of Huaxia Carrefour are about 40 billion, that is, the difference is doubled, but their gap is not only this, Sun Art Retail's single-store sales and profit margin are higher than Carrefour. But the glory of the retail industry has not completely declined, and the market value of $10 billion is certainly not the apex of Sun Art Retail, which means that Carrefour's valuation level is about $5 billion. If you compare it to Wumart business, ah, forget it, although Carrefour is not much better than things, but Carrefour will definitely not agree to that price.

"We are interested in retail, and Carrefour's brand is not bad, but one thing you should know is that we are not familiar with this industry, and we are limited in our strength now, and it is impossible to bid a high price. Zhou Shi, it is better to buy Carrefour than to invest in some potential retail companies in China, such as Yonghui and Red Star Macalline.

"Carrefour has a history in the Chinese market for decades, and the business system is perfect, if the price is low, I am afraid it will ......," said Georges Prassat

"How's your doing?"

"We ranked third in China last year, with sales of 36.6 billion soft sister coins ....."

"In other words, the performance is similar to that of Walmart and Wumart?" Zhou Shi

"Carrefour is running a lot better than them...... Georges Prassat

"At what price do you want to transfer?" Zhou Shi didn't say anything, he didn't know a lot of data, such as Walmart's single-store sales in Huaxia......

"$10 billion, that's a good price......" said Georges Prassat

"Poof!", Zhou Shi stood up

"Are you kidding me, or do you think I'm a bully? I don't have so much time to spend with you for fun......" Zhou Shi never thought that there would be such a result, whether there was something wrong with the brains of this group of French people. Under the impact of e-commerce, the development of physical retail is struggling, and in China it is even more difficult because of high housing prices.

It's nothing to shout indiscriminately in business, but it also depends on who it is, and asking out a global super-rich person of Zhou Shi's level is so insincere, and there is no need to talk about it. Not to mention that the Carrefour Group only has a market value of more than 20 billion euros, after all, the market value of the head office may not be able to reflect the market value of the subsidiary, but what kind of forced situation is Carrefour Huaxia, do they have no score in their own hearts? No matter whether they are really arrogant enough to think that this price is appropriate, or want to trick people, or it is a simple business negotiation trick, Zhou Shi will not deal with them again. After leaving, he stopped the shareholding negotiations with Universal Music to express his dissatisfaction. But things certainly won't end up like that, and the French owe it to clean up. It's a pity that his strength is still not strong, and there is not much he can do about Louis Vuitton, which has a market value of about 60 billion euros, otherwise he would like to implicate the richest man in France, who will let him support the traditional forces in Tibet.

France is also a strange country, Zhou Shi has a difficult understanding of their cultural traditions and ideas, and on the one hand has a friendly attitude towards China, and on the other hand, he is the vanguard of anti-Chinese forces. In the early 90s of the last century, it was said that whether the Chinese government could exist until tomorrow was a question, and it was even more common for him to meet with a certain traditional force in Tibet.

Although Louis Vuitton is strong, it is still easy to crack down on such a brand, at least it is not difficult for Zhou Shi. For example, in the era of big data, it is not too simple to find the black material of LV Group, let some of his core members be responsible, grasp the rhythm, and guide several topics, which is enough to have a great negative impact on LV's brand. In the global market, Chinese people are hungry and do not choose to eat, as long as it is a luxury product, they will buy it, regardless of whether the brand discriminates against Chinese people. To deny the culture of a luxury company, to make it lose the trust of the public, is to cut off its foundation, its future. Luxury companies seem to be strong, but in fact they are fundamentally weak, and in the era of mobile Internet, everyone's trust in them is easy to break.

"Are you serious about buying Carrefour?" Ou Zhihua and Zhou Shi found the heads of HSBC and RBS in order to take revenge on the French.

"Who knows, if you have the opportunity, you will buy it, if you don't have a chance, forget it!" Zhou Shi

(End of chapter)