Chapter 578: The Future of the Company

……

Guo Shouyun nodded, "Although 500 million people look like a lot now, I am afraid it will not be enough in a few years." ”

"Rest assured, boss, we'll plan ahead based on Facebook's development. ”

"Any decision should not only consider short-term effects, but also long-term developments. This is especially true when it comes to major business decisions. ”

"Understood!"

"Go ahead!"

Tim George nodded and continued: "YouTube has been developed in 14 versions including English, French, Chinese, etc., with a total of 112 million registered users. In the nearly two years since its establishment, 46.824 million short videos have been included. In 2003, YouTube generated $220 million in revenue and $98.4 million in net income. However, because of the excessive investment in hardware equipment, there is not much capital surplus. ”

"I saw Chen Shijun's report some time ago, YouTube plans to enter the field of long video?"

"Hmm... They are negotiating with Hollywood studios to acquire some classic film and television rights and open a film and television section in the YouTube portal. ”

Guo Shouyun nodded, whether it is a long video or a short video, the future is promising, and YouTube will also have such a business in the future. So he didn't mind Chen Shijun's decision.

"However, although I agree with YouTube's future development strategy, you can remind me that short videos are the essence of YouTube's business, and he should not care about one or the other and lose our leading position in this field. Otherwise I'll ask him. ”

"Yes!"

"Go ahead!"

“… In 2003, the total transaction volume was 107.847 billion US dollars, the total revenue was 3.675 billion US dollars, the main business income was 2.834 billion US dollars, and the net profit was 875 million US dollars. Total liabilities were US$1,876 million, of which US$672 million were liquid. Among them, there are 33 kinds of commodities in 17 categories, including iron ore, oil, natural gas, electricity, coal and copper ore, accounting for 54% of the revenue, while financial investment, including forward agreements and short-term investment, accounts for 22% of the revenue, and logistics revenue accounts for 24%. ”

"In terms of logistics, up to now, Ruby Mall has a total capacity of 184,000 TEU, of which its own capacity accounts for 52.4%, 47 cargo planes, of which the own rate is 71.3%, and 37,000 trucks of various types, of which the own rate is 33.4%. We currently lease or own 87 berths and 212 warehouses in 31 countries around the world. ”

Flipping through the information in his hand, Guo Shouyun said: "Sure enough, the investment in logistics still accounts for the majority of Ruby Mall's expenditure. ”

"The development of logistics directly determines the speed and quality of goods arriving in the hands of buyers, and better and more convenient logistics can win more customers. Therefore, the development of Ruby Mall is the development of logistics. More than 75% of Ruby Mall's revenue is invested in this area. However, it is a pity that we developed too late, and many good port berths and logistics units were occupied by Maersk and Mediterranean Shipping. Otherwise, we will definitely develop better. ”

Guo Shouyun nodded in agreement.

"No matter where the ruby develops, logistics will be a further constraint for us. Therefore, if the current development model of Ruby Mall is not fundamentally changed, this result will not change. ”

"The boss already has a plan in mind?"

"Hmm... But now is not the time to make a change. When the influence of the Ruby Mall grows further, I have my own way!"

If Ruby Mall intends to build a global logistics network entirely by itself, it may not be possible to achieve it in a hundred years. Therefore, the best way to do this is to follow Alibaba's example and use a company similar to the 'Cainiao Network' to centralize all bulk freight companies into one network and open up their logistics information.

But to achieve such a goal, the current ruby mall is far from enough. When it becomes the absolute first in the field of international bulk logistics, and the transaction volume of Ruby Mall is large enough, it is a good time to implement this plan.

Although Tim George was very curious about the development model that Guo Shouyun said to solve the ruby dilemma, he didn't say much when he saw **oss, and he didn't ask more. has been by Guo Shouyun's side for many years, and he already knows the temperament of this **oss very well. If you should know, he will take the initiative to say it without asking. But if it's something you shouldn't know, he won't tell him if you ask.

After looking at Guo Shouyun, after flipping through the information in his hand, "Boss, after the LinkedIn listing, I plan to hold a celebration cocktail party, do you still participate?"

"Of course! LinkedIn is the first company I founded, and I can not participate in the roadshow, but I don't plan to miss the final listing. ”

"Okay!"

"You arrange it, don't be too shabby, but don't be too luxurious. ”

"Yes!" Tim George nodded, glanced at him and continued, "Boss, after LinkedIn goes public, the next listed subsidiary...?"

Guo Shouyun pondered for a moment, "Ruby Mall! In the second half of next year, we will launch a roadshow for the listing of Ruby Mall, and strive to make it available in the first half of 2005." ”

Although he intends to gradually list his companies to prepare for a future subprime mortgage crisis, if the listed companies are too small, they will not make much of a difference. At present, among the many subsidiaries of the entire Ruby Company, in addition to LinkedIn, the most suitable and largest is the Ruby Mall.

This e-commerce and logistics company, which inherited the essence of Enron and joined the logistics business of Pan Pacific Group, and now obtains a large amount of cash flow through financial investment to achieve leapfrog development, is currently the most profitable and most valuable company under Ruby.

As for the future giants or big Internet companies such as Facebook and YouTube, they are still in the early stages of development. Whether it is scale or profitability, it is not as good as Ruby Mall. In particular, the latter has a clear profit model, a healthy financial situation, and a large amount of fixed assets, which is most popular with many investors on Wall Street.

"Does it still need to raise money before going public?"

Guo Shouyun thought about it and nodded.

"If there are some influential investment institutions and individuals in the shareholder list, it can also increase investors' confidence in us, which is a huge benefit to the stability of the stock price after the listing of Ruby Mall. ”

"Understood!"

Guo Shouyun put down the information in his hand and stood up.

"The information is put here for me first. … It's almost time, so you can stay with me for lunch before you go. ”

"Thank you boss, I've been thinking about your Chinese food here since I came!"

"It just so happens that I asked the back kitchen to prepare mushu pork and fried squid rolls with green onions for you. Let's go!"

The two chatted and left the study.