25 Invest in Walmart
"Asia, Mr. Chan is talking about Hong Kong?" Pierce asked.
"Yes, at least in clothing, bedding, these brands are not strong goods, can be purchased from Hong Kong, so that large-scale cost reduction." Chen Zhiwen nodded and said.
In human history, there is one thing that has changed the global shipping market and accelerated globalization rapidly: containers.
Before the container, the transportation of non-mass goods (oil, grain, minerals, etc.) was very troublesome, and the size of the packaging of each company's goods was different, and then a large number of people were needed to load and unload goods at the port, such as New York City, in the 30s, 1/3 of the people in the whole city were directly or indirectly doing the work of serving the port, and in the old era of Hong Kong, the dock was the gathering place of all wealth, and the history was also broadcast in the old TV series, a large number of rich people controlled the dock, and their subordinates were also attached to countless gangs.
Under such high-cost ocean transportation, most of the manufacturing industry was left in the country, and before the 70s, the manufacturing industry in the United States was very developed and the categories were also very complete, and local supermarkets naturally purchased goods from the local market.
Also in the non-container era, many small countries are unable to develop industry, at most play with the textile industry, which has relatively low transportation costs, so before the 70s, the whole of Asia, except for the RB with a developed local market, the non-light industry in other countries was in the barbaric era.
In the 60-70s, containers gradually became popular, the cost of shipping was greatly reduced, the huge market in Europe and the United States was opened to Asia, and the industry in Asia also developed, such as South Korea's Samsung is about to become the world's largest TV export company, Hong Kong, Wanwan, Po County also benefited from it, but even if these companies develop faster, they are currently in their infancy, and the procurement chain in the United States is also relatively mature.
And this is a new opportunity, the acquisition of a supermarket chain with huge potential in the United States, providing a certain amount of capital for expansion, and then matching it with cheap mid-quality (cost-effective) goods, will definitely accelerate the development of supermarkets, both in terms of profit and scale.
Of course, this is only suitable for some products, other daily chemicals, electrical appliances or very important brands, this can not be quickly replaced, but can be slowly replaced, the most direct is their own beauty products, at least in the United States has its own supermarket, when it develops rapidly, it will also be of great help to the development of the United States.
"We have thought about sourcing goods from Asia before, but we don't have enough contact channels, and if Mr. Chen can take care of this part for us in Hong Kong, it is indeed a good way to reduce costs." Pierce agreed.
"No problem, it's a trivial matter for me." Chen Zhiwen said with a smile that in the 70s, when communication could only be done by telephone, plus a time difference of about 12 hours, the cost of efficiency of trade between the United States and Asia was indeed very high.
Pierce was silent for a moment, drinking coffee, Chen Zhiwen also paused for a while and said: "Mr. Pierce, there are some operational matters, wait until we confirm the cooperation and then talk, let's do it today, you can discuss this matter with your management team after you go back, if you agree, we will hire a lawyer for both parties to have an in-depth exchange on the price of the transaction and our cooperation model in the future." ”
"OK, nice to meet you." Pierce also needed time to think about it.
"Okay, I'll get the coffee." After Chen Zhiwen left $20 in cash, he got up and said goodbye and left.
Ron was already waiting outside, and when he saw Chen Zhiwen coming out, he hurriedly greeted him and asked, "Mr. Chen, how are you talking?" ”
"Everything that should be said has been said, it depends on whether he agrees or not, maybe it will be time for you to come out soon." Chen Zhiwen said with a smile, if it really doesn't work, you can only wait until Pierce encounters setbacks as in history, and then borrows money everywhere to start a new business, but the only variable is that after he meets himself, will history be different?
"Even if he doesn't agree, we'll do our best to get him to agree, or will we figure out a way from the stock market?" Ron asked.
"Forget it on the stock market, there is no point in forcibly buying it." Chen Zhiwen didn't explain much, and directly vetoed it, he wanted Pierce to serve him, not his current company.
Besides, he is still familiar with Costco's business model in the future, and if Pierce really disagrees, it doesn't matter, just find a professional management person to operate it in his own way. Invite the original team, just to increase the success rate and reduce their own energy consumption, without them, with their own prophet and the help of a large amount of money in the future, the results will not necessarily be worse than the original good deeds.
"OK, I see." Ron nodded and said, and at the same time got into the car with Chen Zhiwen.
......
After returning to Los Angeles, Chen Zhiwen took his company's people to New York, with an account of tens of millions of dollars in Citibank, Chen Zhiwen is naturally also a senior VIP customer of Citibank.
"Hello, Mr. Chen." Citibank's investment manager, Joy, was waiting in the lobby for a long time, knowing that a VIP client had come to discuss investment business, and Joy took it very seriously.
"Mister. Geller, hello. Chen Zhiwen also said politely.
"Just call me Joey." Joey smiled and said, "Mr. Chen, please come with me." ”
"Okay, just wait outside." Chen Zhiwen said to everyone except assistant Anqi.
The two followed Joey in the elevator to the 46th floor, and as soon as the three entered a separate office, a white assistant came to make coffee.
Joey smiled and said, "Mr. Chen, this coffee is a natural alpine coffee imported from Colombia, which can only be enjoyed by the most distinguished guests. ”
"Then I'd like to try it." Chen Zhiwen smiled, and An Qi on the side did not speak, but was also very interested.
"Not bad." After taking two sips, Chen Zhiwen nodded and said, "It's very fragrant." ”
As a Chinese, Chen Zhiwen actually has little interest in coffee, in his previous life, he often stayed up late and occasionally drank a little, after crossing to Hong Kong, he often learned to be like the king of wine, and there was no shortage of time to sleep, so naturally he would not drink any coffee, but this Colombian coffee is indeed very smooth and silky.
"If Mr. Chen likes it, I'll ask someone to prepare a little, and you can take it home and enjoy it slowly." Joey said with a smile.
"Okay, thank you." Chen Zhiwen is also not polite, he is also a big customer of the bank, and it is normal to receive some gifts.
Joy then asked, "Mr. Chen, you said on the phone that you wanted us Citibank to invest on your behalf, I don't know what you choose to invest in?" ”
"I'm going to buy shares in a company." Chen Zhiwen took another sip of coffee and said, "The name of this company is Wal-Mart. ”