Chapter 253: Burning Money for Development

At this time, Alibaba, Amazon, Taobao, Netflix, Netflix disc rental website, Pandora music website and other websites have not yet been officially launched in the United States, but major investment companies are close to each other.

Moreover, the valuation is also very high.

Since April 1st, the executives of major websites have been mainly busy with fundraising.

However, e-commerce websites are different from portals, and the former has great potential for development.

Therefore, even if it is financing, Zhao Ye does not plan to sell too many shares.

……

Alibaba.com Inc.

Sun Zhengyi of SoftBank couldn't help but feel depressed and powerless when he looked at the competitors present.

There are too many competitors, everyone wants to invest in Alibaba.com, and SoftBank is far less large than that of investment companies such as Goldman Sachs and Sequoia Capital.

Moreover, Alibaba's valuation has been speculated to $8 billion!

Sun Zhengyi now has to withdraw from the competition and regretfully leaves.

"It's crazy, SoftBank can only invest in those startups~" Sun Zhengyi shook his head and sighed, and walked out of the door of the building with a lonely face.

"Is there a startup with more development potential than the Internet companies under the Wujiang Group???

"We still have a chance at SoftBank?"

Sun Zhengyi felt at a loss.

Zhao Ye stood in front of the window of the office and looked down on Sun Zhengyi and his party leaving, and couldn't help but sigh that things were wrong, and Sun Zhengyi, who was famous in his previous life, was afraid that it would be difficult for him to achieve the achievements of his previous life.

In the previous life, SoftBank rose rapidly because it invested in companies such as Yahoo and Alibaba.

In this life, SoftBank has no opportunity to invest at all, and the companies that can cooperate with Wujiang Group are all bigwigs.

"The times create heroes, and now, there is a high probability that Ma and Robin Li and others will also be out of the ordinary. However, Robin Li is a technical expert, and he may stand out......" Zhao Ye sighed.

"Alas, the sky doesn't give birth to me Zhao Ye, eternity is like a long night, how lonely it is to be invincible!"

……

……

Half a month later, Alibaba, Amazon, Taobao, Netflix and other websites have been launched in the United States.

The American people have heard about these websites for a long time, so the website has welcomed a large number of users as soon as it was launched.

Of course, the local website in the United States is also very strong, after all, it has been growing for so long and has a lot of loyal users.

Moreover, many websites in the United States have now begun to join the group to warm up and cooperate with each other to jointly resist the attack of the major websites under the Wujiang Group.

In order to compete for the market, it has set off an e-commerce war, frantically burning money to advertise, or giving subsidies to consumers.

Local websites in the United States also have a large number of investor support, so these websites are actually very rich.

The war of burning money, the war of hesitation and firewood, endless, and finally see who can't hold on.

However, this was not Zhao Ye's original intention.

Even if Wujiang Group has money, it will not participate in this bottomless pit of money-burning war.

Amazon.com began to build its own warehousing and logistics in the United States.

Taobao hyped up the free opening of stores for all people and promoted e-commerce for all.

Alibaba, on the other hand, has built an e-commerce between large multinational enterprises with the help of the resources and contacts of Wujiang Group!

With the support of IE browser and navigation websites, Alibaba, Amazon, Taobao, Netflix, Pandora and other websites will not be without traffic, but whether they can beat their competitors and become the first in the industry in the end depends on the development of the future.

It didn't take long for Alibaba.com to take the lead in completing the first round of financing, selling 20% of its shares and obtaining $2 billion in funding, and Alibaba's post-investment valuation was as high as $10 billion!

This was followed by other websites receiving investment.

For example, Amazon raised $3 billion and Taobao raised $2.5 billion......

Although the amount of money raised for each website is very high, the major investment companies are still rushing to participate in the investment because these websites have already established themselves in markets outside the United States and have great commercial value.

Now, after entering the U.S. market, it has also performed well, and it can be said that it has been like a bamboo, and the number of users has skyrocketed.

Zhao Ye was very satisfied with the development speed of the major websites, and temporarily let them develop freely.

It's just a requirement that after the major websites raise funds, they should use most of the funds to develop the Chinese market, so that the major websites will advertise on TV stations or name major variety shows; E-commerce sites have launched a large number of subsidies to stimulate Chinese users to shop online; Invest in network infrastructure to improve users' online experience......

赵烨希望通过这种烧钱的方式,让中国的互联网快速发展起来。

反正这些钱是国外投资公司的,花起来一点都不心痛。

If the money is burned out, then the second round of financing will be launched, or the IPO will be listed to raise funds and continue to trap foreigners' money.

Since May, the development of the domestic Internet has entered the fast lane.

互联网开始风靡全国,越来越多的消费者开始在网上购物,电商经济日益繁荣,整个产业链得到了发展。

Tens of thousands of domestic enterprises began to do foreign trade through Alibaba.com, and the scale is growing day by day.

In order to expand its popularity, Alibaba spared no expense in advertising on TV stations.

"Alibaba's website, so that there is no difficult business in the world!"

"Enterprises all over the world are on Alibaba, grasp the opportunity and achieve their dreams!"

"In the past, there was no way to do foreign trade business; Now to do foreign trade business, just log in to Alibaba! ”

"Create infinite possibilities and create a better life!"

In the previous life, Alibaba's internationalization was relatively unsuccessful, but in this life, Alibaba almost monopolized the global B2B market and had a very great influence.

Chinese companies can really cooperate with companies from all over the world on Alibaba.com.

Chinese goods are cheap to produce, and they are exactly what other countries need.

Alibaba's trading volume has been climbing like a rocket.

China's major ports have become extremely prosperous, and cargo ships are leaving the ports. In June, China's export trade soared by 33.5%, shocking both at home and abroad!

Foreign economists were stunned, China's export trade growth was too amazing.

按照这发展速度,中国的经济就快就能逼近美国!

Recently, Marcus Charley, the host of foreign BBS documentaries, directly and excitedly exclaimed on the program: "China, an ancient civilized country, is rising rapidly at an incredible speed!! Oh no, revival to be exact! China has been the most powerful country in the world for thousands of years, and its decline is only a little over a hundred years! When the Chinese lion wakes up, the whole world will tremble! Now, the male lion has woken up!!! ”

In this period, China is indeed very powerful, not only last year's GDP reached about 5.8 trillion US dollars, but also in many fields of science and technology, it is ahead of the United States.

U.S. technology has been cut off by the Wujiang Group, and its development speed is far less than that of its previous life, with a GDP of only about $6.6 trillion last year.

The gap between China's GDP and that of the United States has narrowed.

It is hard to believe that the United States in this life has lost to China in the fields of computers, the Internet, wireless communications and networks, and even semiconductors.

In other areas, the United States is also rapidly catching up with China.

The United States is still far superior to China in military power. Economically, it won't take a year or two for China to catch up.

In fact, in the previous life, Japan's GDP reached 5.55 trillion US dollars in 1995, and the United States was only more than 7 trillion US dollars, and the gap between the two is not large, but Japan's economy declined, and then GDP plummeted, and by 2022, the GDP will only be 4.23 trillion US dollars, while the GDP of the United States is 21 trillion US dollars, a huge gap.

But China is not Japan, and there is still huge potential for China's economic growth.

As long as China maintains its technological lead, it will be easy for its GDP to surpass that of the United States.

……

……

At present, the speed of development of China's e-commerce is quite satisfactory to Zhao Ye.

E-commerce burns money, and miracles can happen!

However, the logistics industry has not kept up, and the delivery speed is slow, which affects the user experience.

Highways are being built vigorously in China, and Wujiang Group has also invested heavily in expressways, so the traffic conditions have been improved and become more and more convenient.

"Zhao Dong, in order to cope with the rapid development of e-commerce, we plan to start the construction of modern intelligent warehousing and logistics centers across the country, and set up logistics outlets in every city and most of the townships, with a total investment of no less than 60 billion yuan!"

"The Tiangong Mercedes-Benz factory has been completed some time ago and is now entering the mass production stage, and our team wants to order 5,600 Mercedes-Benz trucks. Among them, there are 5,000 Mercedes-Benz light trucks and 600 Mercedes-Benz heavy trucks. ”

"At present, we have more than 5,600 trainees in the training bases for truck drivers across the country, and they will be able to work immediately when the Mercedes-Benz trucks are produced. China has 663 cities and 41,636 township administrative units. We are still short of manpower, and the driver training base is still recruiting students......"

"In addition, our cargo company is also planning to develop air cargo, hoping that Galaxy Technology can design and produce transport aircraft!"

Hou Tianyu, CEO of the company, was reporting to Zhao Ye at this time.

(End of chapter)