In the previous life, the development of the Forty Thieves website was far less smooth than in this life.

After its establishment in October 2000, it has been slow to develop because of the problem of funds, and then finally the development began to take shape, Wang Teng immediately contacted several investors to negotiate the financing issue.

LATER, MORE THAN $70 MILLION OF FINANCING WAS SUCCESSIVELY OBTAINED FROM SOFTBANK AND EBAY, WHICH MADE LIFE A LITTLE BETTER, BUT THE DEVELOPMENT WAS NOT ALL SMOOTH SAILING.

Later, in 2003, he began to test the water to pick up the leak net, in order to compete with eBay, which has already entered the market, he announced a three-year free policy, so in the past few years, the development of the leak net can be said to have been losing money.

However, the development of the 40 thieves website in those years was gradually on the right track, and the main reason for getting on the right track was precisely because Wang Teng gritted his teeth and was willing to advertise in the United States and some other countries that are willing to do import and export transactions with small and medium-sized owners in China.

Since 2002, they have begun to gradually advertise in the American market, and the advertising cost has also stopped gradually rising, and by 2005, their annual investment in the American advertising market has even been as high as 35 million US dollars, almost about 300 million yuan, and the total financial income of their 40 major pirated websites that year was only 350 million yuan......

This shows Wang Teng's courage, but the development of the situation completely deviated from the track expected by Wang Teng......

As a person who has come over, I am afraid that Li Yifan will have a better understanding of the future trend of the e-commerce market in China than Wang Teng, to put it bluntly. That is, he may know him better than Wang Teng, and Wang Teng's own fortune process.

Who made the time of the previous life. Li Yifan was once obsessed with Wang Teng's family history. There is also his entrepreneurial history, he has seen Wang Teng's self-introduction when he participated in the show in detail on many TV channels, and there are many websites that comment on his family history.

Therefore, when it comes to the development trend of the future electronic business field, if Li Yifan wants to say that he is the second, I am afraid that no one dares to claim to be the first in front of him.

The reason why the forty thieves website in the previous life developed into such a scale ten years later was that the dollar valuation had exceeded 100 billion before it was listed. The market value of the RMB in China has reached trillions.

In fact, it has developed to that point, this company does not rely on the forty thieves website that Wang Teng values very much now, the reason why the forty thieves company in the previous life has been able to develop to that scale is actually because it is still inconspicuous now, and even the one that specializes in C2C in a state of loss for many years, which is now Li Yifan Even if he talks to Wang Teng, I am afraid that Wang Teng will treat him as a mental illness.

Indeed, at the beginning of the business, Wang Teng looked at haode as the forty thief website that he is most concerned about now, as for the one that missed the net. IN HIS PREVIOUS LIFE, IT WAS JUST A C2C WEBSITE THAT HE HAD TO START IN ORDER TO FIGHT THE AGGRESSIVE EBAY. In the original history, in fact, Wang Teng himself was not particularly optimistic about the development of this C2C website at the beginning of the establishment of this leakage network, and he was not particularly optimistic about the business model of C2C.

And in this life, under Li Yifan's preaching and guidance, he entered the field of C2C early, and because of Li Yifan's instigation, he has a clear understanding of the benefits of this C2C industry, but he has no confidence in how large this C2C website can develop, so at this time, Wang Teng still put his main energy on how to run the B2B network company of the Forty Thieves.

That's why he takes Yang Zhiyuan's $500 million and advertising in the United States so seriously!

In fact, Li Yifan doesn't think much about Wang Teng's arrival in the United States to advertise the websites of the 40 thieves.

What if you are forty thieves and make a name for yourself in the United States? Could it be that those middlemen in the United States or Shijie will just look at your website and sweep their jobs?

You Wang Teng founded this website, it is indeed convenient for many small and medium-sized business owners whose capital is not very strong, but it is also offended, a group of before, specializing in import and export wholesale of intermediate secondary agents!

What's more, in the United States, where is the base camp of shijie e-commerce, where is Yahoo, Google, EBAY, and Amazon, any one of them is a master of playing e-commerce, will people want you to go to other people's chassis to grab food?

A few people join forces casually, even if they rely on the run, they will also run you to death.

This is also the last life, although Wang Teng has been sparing no effort to advertise in the United States, smashing tens of millions of dollars every year, but it has been smashed for several years, and by 2005, the annual profit of his 40 thieves website is only 350 million The main reason.

Trying to grab food from the Americans on the territory of the Americans is simply a dream.

At that time, it was precisely because of the continuous investment in advertising in the United States, and the increase in advertising, that the 40 thieves at that time fell into a cash flow crisis, and it was at this time that Yang Zhiyuan proposed 1 billion US dollars to settle in the 40 thieves company, and the two quickly reached this cooperation agreement.

But what happened next, I'm afraid Wang Teng would never have dreamed of it.

With the development of the domestic economy, coupled with the country's prime minister opened up the exchange rate of the RMB against the US dollar, it has caused many small and medium-sized import and export enterprises in the country to suffer heavy losses, coupled with the domestic economy, has begun to be kidnapped by real estate, the country in order to alleviate the crisis, began to continue to pour water into the market, indiscriminate printing of money.

With the increase in the comprehensive cost of labor and the gradual loss of competitiveness of Huaguo manufacturing in the world, his main B2B website has begun to enter a difficult moment.

But at this time, I have to say that his Wang Teng's luck is good enough and his character is bright enough, and at such a critical moment, domestic C2C e-commerce has begun to become popular.

The price rise effect brought by the real estate industry, and the rising oil prices of Huaguo Petroleum and Petrochemical, have led to the continuous rise in prices in China, and the CPI has skyrocketed year after year.

With the popularity of the real estate industry, it has indirectly promoted the rent to skyrocket, and the skyrocketing rent has pushed various physical stores to continuously increase the price of goods in the store.

As a result, everyone began to look for a new and suitable shopping environment, and at this time, private computers and networks have begun to be initially popularized and matured, and the e-commerce model of C2C was quickly accepted by young people.

There is no middleman exploitation, no consideration of store rent, and no need to even consider the issue of paying taxes, so this has led to the fact that the price of goods traded online is at least a few layers cheaper than that in physical stores, so it has become popular in just a few years.

As of December 2005, the average daily trading volume of the website was only 20 million yuan, but after five years, this amount will increase to several hundred million yuan, and ten years later, the average annual transaction volume of this website will exceed the 1 trillion yuan mark in one fell swoop.

Such a dramatic change, if Li Yifan hadn't experienced it himself, I'm afraid he wouldn't want to believe that there would be such madness, but that's the way it is!

And when people mention the forty thieves company in later generations, the first thing that often comes to mind is this main C2C model of the leak network, as well as the Alipay company they are proud of, as for the earliest business startup, Wang Teng's value of the bullshit B2B model of the forty thieves website, has long been in decline.

Judging from the development history of the Forty Thieves Company, it is really worthy of the pride of the Chinese people, but they have to feel a trace of sadness.

It is a matter of pride that we have only developed an e-commerce company from scratch to a market value of hundreds of billions of dollars in only ten years, but the sad thing is that although we have such a fast development speed, we have not been able to make this company a truly international company.

THAT IS TO SAY, IN TERMS OF GOING OUT, WE ARE STILL NOT ENOUGH, IN ADDITION TO DOMESTIC CONSUMERS CAN GET BENEFITS THROUGH THIS WEBSITE, BUT ABROAD, WE HAVE BEEN IN A SITUATION OF BEING BLOCKED BY AMERICAN GIANTS SUCH AS AMAZON AND EBAY.

These are Li Yifan, as a person who has come over, has an understanding of the development history of domestic e-commerce, but the saddest thing now is that he has no way to tell Wang Teng this idea.

Even if he says it, Wang Teng will see him as a madman, why will the current development of the B2B website Forty Thieves Network go into decline in the future, why is it now only a few million plates, and the leakage network that has been losing money year after year, will become the main enterprise of the Forty Thieves Company?

Such a point of view, said in this year, how could Wang Teng believe it?

If it is said to be said, Wang Teng will still think that this is just an excuse that Li Yifan did not welcome him to introduce American capital, so he came up with it, maybe this time it caused an irreparable rift between them!

So now Li Yifan is also in a dilemma, on the one hand, he doesn't want Wang Teng to let the Americans in, but on the other hand, he doesn't know where to start to convince Wang Teng! (To be continued......)