In business, everything is based on interests.

No profit business, no one will do it.

On April 30, Carrefour headquarters decided to withdraw from China after several meetings.

Over the past year, Carrefour has been hit hard.

Three people were killed and dozens injured in a stampede in a mountain city in November last year.

At that time, Carrefour caused the local government's dissatisfaction, because Carrefour's stampede event, all over the country issued product promotion regulations.

Originally, Carrefour headquarters felt that this was just a special case. After all, the turnover of Huaxia district was still growing.

But since entering 2008, more and more things have bothered them.

During the snow disaster in East China, because of the rising prices of supermarket goods, the Chinese government named and criticized them, which made them a reputation of hoarding and hoarding.

Before they could ease down, there was a nationwide boycott soon after.

They thought that this was the most miserable time. The result was beyond their expectation, and even worse.

Problem milk powder incident broke out, Carrefour has become a rat in the street, everyone yelled.

How long has that been!

For half a year, we have trampled on the dead and hoarded. Now we dare to sell poisonous food. What else can Carrefour dare not do!

It's good if these things happen at intervals, but they all come together.

It has been 13 years since it entered the mainland market in 1995.

Over the past 13 years, Carrefour has invested a lot in China, but its profit has not been high.

A few years ago, it was preparing for the expansion of the market. Seeing that it had begun to make profits, the profits were getting higher and higher. Carrefour headquarters even planned to continue to increase its investment in China.

Something's wrong!

One after another, Carrefour has been targeted one after another. Carrefour, which has been established for 50 years, has fallen to a low point in China and even stinks.

Carrefour was exhausted and attacked by competitors in Europe.

As the domestic market is in a slump, Carrefour has no energy and can continue to consume in the distance.

Is it meaningful for Carrefour to win in the end?

Huaxia is not only far away, but also Huarun, Bailian, Wal Mart and RT Mart.

When they fight against each other in the distance, they will be the cheapest one in the end.

Moreover, once the Chinese market is over invested, European competitors will seize the opportunity and choose to attack them at this time.

In fact, Carrefour has been going downhill since 2005.

In March 2005, Carrefour was forced to withdraw from the Japanese market and sold all eight stores in Japan to AEON group at a price of 80 million euro.

Also in 2005, Carrefour withdrew from the Mexican market and sold 29 of its large supermarkets.

In 2005, Carrefour withdrew from the Czech market and transferred 11 stores in Czech Republic and 4 shopping malls in Slovakia to Tesco.

In March 2006, Carrefour was forced to withdraw from the Korean market and transfer all its 32 stores to local enterprises in South Korea.

Carrefour withdrew from the Portuguese market in 2007.

And the withdrawal from Xiangjiang in 2000.

This series of attacks all show that Carrefour, the world's second largest retailer, is really out of its ability.

In addition to being able to maintain the edge of the European market, they have been hit hard elsewhere.

Originally, many people at Carrefour's top management used Huaxia as a lifesaver and a base point for overseas expansion. Before 2008, they did see hope.

But after entering 2008, a series of attacks made everyone sober up.

As before, Carrefour does not have much advantage outside the European market.

Wal Mart, which has always been regarded as a competitor by them, seems to be inferior to them in China, but in fact Wal Mart is more stable than them.

In 2005, Carrefour's global sales were $90 billion, while Wal Mart's was $280 billion.

At that time, Wal Mart surpassed Carrefour by three times.

By 2007, Carrefour still had sales of more than 90 billion and less than 100 billion, while Wal Mart had reached more than 350 billion US dollars, nearly four times the gap.

The enterprises that they regard as their only competitors are now leaving them more and more far away.

On the contrary, Tesco, which they despised before, sold only $60 billion in 2005, but now it has reached $80 billion. The gap is getting smaller and smaller.

These are just foreign troubles. In fact, Carrefour is facing more serious internal problems at this time.

In March 2007, Arnault group and colony capital group suddenly took a stake in Carrefour, without even knowing the Harley family, Carrefour's largest shareholder.Over the past year, there has been serious internal strife between the two sides.

The majority shareholder Harley family has gradually withdrawn. Duran, the current global president of Carrefour, is about to leave class.

At this time, they really did not have the energy and the distance to fight in China.

Carrefour headquarters studied repeatedly and finally decided to withdraw from Huaxia.

On the afternoon of the 30th, Luo Guowei received a notice from the headquarters that on May 2, Carrefour Global president Duran visited China to inspect Huaxia district.

At the moment of receiving the notice, Luo Guowei understood that the decision had been made by the headquarters.

In the office.

Luo Guowei lingered for a few circles, and suddenly a faint reluctance rose in his heart.

Although he always said that he hated China and Chinese.

But after two years in China, he was suddenly asked to leave, or left as a loser. Even Luo Guowei, who was always cheerful, could not help feeling melancholy.

Standing by the window, looking at the prosperous city scenery outside, Luo Guowei sighed softly.

Chen Ying, who was about to enter outside the door, stopped, lowered her voice and retreated gently.

She still has great respect for the boss.

Outsiders feel that Luo Guowei is cynical and just pursues romance. Chen Ying is in charge of all matters of the company.

But they don't think about it. If it wasn't for Luo Guowei's acquiescence, what could Chen Ying, an assistant, decide?

Ability aside, at least the president of Huaxia district is broad-minded enough.

Unfortunately, it's too late to say anything.

Once Carrefour withdraws from China, and still withdraws in such a failed posture, Luo Guowei's future is worrying.

……

Just as Carrefour was about to leave.

Far away building.

Li Dong and Shen NANPENG signed the last agreement.

So far, the first round of micro blog financing has come to an end.

Sequoia contributed US $100 million, accounting for 7% of the equity of Weibo. Yesterday afternoon, Li Dong and IDG, represented by Xiong Xiaoge, also signed a contract, the same amount of US $100 million, the same 7% equity.

In addition, google with $30 million, as well as part of the technology and talent support, accounted for 5% of the equity.

Weigang capital contributed 10 million US dollars, accounting for 1% of the shares.

Li Dong used 20% shares of Weibo in exchange for $240 million in financial support, as well as Baidu's technology and human resources.

In the current view, Li Dong is not a loss, micro blog has also been due to reflect the value.

The valuation of more than $1.2 billion in 2008 has exceeded all expectations.

In the past 13 years, Sina Weibo was invested by Alibaba, with a valuation of only $3.3 billion.

At that time, Sina Weibo had more than 400 million registered users, which was much stronger than the remote microblog at the moment.

What's more, five years later, the market environment is also very different. At the moment, Li Dong is still satisfied with the financing of microblog.

Of course, more satisfied is that both IDG and Sequoia have agreed to temporarily lend the financing funds to the remote group for a period of time, up to one year.

However, Li Dong did not pay nothing, and the two sides also signed a supplementary agreement.

Microblog refinancing, two have priority, each to increase shares to 15%.

Li Dong doesn't have much opinion about this.

If microblogging needs to be financed again, Sequoia and IDG are indeed better choices. Besides, it is hard to say whether Li Dong will open the next round of financing.

If Weibo chooses to go public after only one round of financing, the supplementary agreement will be cancelled naturally, and there is nothing to say.

If we continue to raise funds, it's just a priority, not a concession price. Li Dong doesn't care.

After signing the contract, Shen NANPENG said with a smile, "Mr. Li, happy cooperation!"

Li Dong shakes hands with him. Shen NANPENG is a talented person, an absolute talent.

Shen NANPENG, who has just passed 40 this year, has successively established ctrip.com and Home Inn chain, and they are all listed on the stock market, or listed on NASDAQ.

In 2005, he founded Sequoia China and started venture capital.

At this time in 2008, the Sequoia that Shen NANPENG was in charge of was not too good in China and could not compare with IDG. However, in a few years, Li Dong knew how accurate Shen NANPENG's investment was.

Ali, Jumei Youpin, vipshop, Dianping, meituan, Gaode

These enterprises, Sequoia have investment, and have made rich returns.

Originally, Sequoia entered China late, far less than IDG, which has been working in China for 10 years. However, under the leadership of Shen NANPENG, the last two families are equally divided.

Judging from the above, Shen NANPENG is more worthy of Li Dong's attention than Xiong Xiaoge.

After shaking hands, Shen NANPENG said with a smile: "Mr. Li, I hope that we will have opportunities to cooperate in the future. I am extremely optimistic about both the distant mall and PP.

If Mr. Li continues to open up financing, Sequoia hopes to keep growing with the distance. "

Li Dong nodded with a smile: "yes, if I'm short of money next."Today, microblog financing 240 million US dollars, nearly 1.7 billion yuan.

Several companies agreed to borrow a large part of them, that is, 1 billion yuan. In a short time, Li Dong felt that it was almost the same.

And the mall and PP financing, Li Dong has not thought about whether to continue.

After all, in the last round of quotation, these two items were seriously underestimated. He was reluctant to wait. At least when the domestic financial crisis ended, it might be more appropriate.

Of course, Li Dong didn't say it clearly for the time being.

After a joke with Shen NANPENG, Li Dong and he went out together. As he walked, Li Dong suddenly said, "Mr. Shen, how do you like the technology in the distance?"

Shen NANPENG didn't quite understand what he meant, but he said definitely: "very good. Under the leadership of general manager Li, I believe it will be better.

Otherwise, we will not choose far away. "

"Has Mr. Shen ever thought about whether remote technology will be better under your leadership?"

Li Dong seems to have made a joke, but Shen NANPENG's step is sluggish. He can't help but take a look at Li Dong.

Is this guy kidding or serious?

Is this digging yourself?

You know, Shen NANPENG is not a professional manager. He is also a well-known rich man in China.

When the Hurun list came out in 2007, his personal wealth exceeded 3 billion, ranking more than 200.

Although it can't be compared with Li Dong, he is also rich.

At this time, Li Dong said this, is it digging people or joking?

For a while, Shen NANPENG didn't know whether he said it was true or not. After thinking about it for a moment, Shen NANPENG said with a smile: "Li is always there. I don't dare to teach my class."

Hearing this, Li Dong laughed and didn't go on.

After chatting casually, Li Dong sent people to the elevator.

He didn't send them downstairs, and Shen NANPENG is not qualified to let Li Dong send him downstairs.

Until the elevator door closed, Sun Tao, who had just stood aside and did not speak, said, "Mr. Li, do you want to dig him?"

Li Dong chuckled: "just talk about it casually, just try it. But then again, if he really agrees, I don't mind letting him take control of remote technology. "

Sun Tao was also aware of Shen NANPENG's power, and said with some emotion: "in fact, the people in these financial institutions are the elites of the business elite, let alone their helmsmen.

Shen NANPENG is powerful, and the bear pigeon is not bad.

But it's too hard to dig them.

Generally, they are rich and have no lack of money. It is difficult to impress them with money.

And the cause, they also have their own business. It's more difficult to impress them with this point, and it's too difficult to dig them up. "

Li Dong said with a smile: "it's for sure. Forget it. If we don't say much, we are not necessarily worse than others.

All of them have been trained step by step. In recent years, our people have made obvious progress, and the training of the follow-up echelons will be further enhanced.

In a few years, we don't have to think about who to dig in the distance. We have enough people. "

Two people say words, white Su takes Li Dong's mobile phone to come in a hurry, even busy way: "Li Zong, Chen Zong's telephone."

Li Dong took the mobile phone and chatted with Chen Lang for a while.

After hanging up the phone, Sun Tao next to him said excitedly, "Mr. Li, Carrefour is going to withdraw?"

Li Dong said with a smile: "almost. The president of Carrefour will come to China the day after tomorrow for an inspection. I think it's the end.

But it's hard to say whether it is.

It will be known in a few days that Carrefour has invested nearly 10 billion yuan in China over the past few years, and it is not so easy to withdraw at once.

Besides, let's not be happy too early.

Even if they do withdraw, it's hard to say who is cheaper.

Mr. Chen said that Dulan may hold a banquet this time, and the specific time will be determined when Dulan arrives.

Besides Wal Mart and Runfa, they should have received news from them These enterprises will not do nothing.

In a word, if you want to eat peaches, you have to drive away those who want to pick them. "

Sun Tao could not help nodding. Indeed, even if Carrefour was withdrawn at this time, it was not so easy for them to pick up a bargain.

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