Chen Hao sat in a taxi and looked at the city street corner of Hangzhou through the car window.
Hangzhou is definitely a famous historical city, and it was even more of a capital during the Southern Song Dynasty. Even after centuries of destruction of the Southern Song Dynasty, it was still one of the most prosperous cities in China.
When it comes to Hangzhou City, you will naturally think of the famous quote that has eternal meaning: There is paradise above and Suzhou and Hangzhou below!However, Chen Hao came to Hangzhou this time not to enjoy the beautiful scenery, but to take his own purpose.
In addition to being a historical city, Hangzhou City also gave birth to Alibaba, the largest e-commerce company in China.
In fact, Chen Hao had already paid attention to Alibaba before acquiring Amazon last year, but he had never taken time to come to Alibaba's Hangzhou headquarters.
This time returning to China is undoubtedly an opportunity to contact Alibaba. Of course, if it had not acquired Amazon, Chen Hao would not have thought of Alibaba so quickly.
Alibaba and Amazon are essentially e-commerce companies. Amazon is the originator of e-commerce. It was founded in 1994. Alibaba was established relatively late and was founded in 1999.However, after the development, Alibaba and Amazon's businesses have long been more than just the e-commerce field.Amazon has a market value of US$110,000, and Alibaba's peak market value has reached more than US$500 billion. Although the market value of the two is nearly double, Alibaba's profits are more than Amazon.
First of all, the models are different. Amazon is a direct-operated model. Later, JD.com used the Amazon model. Amazon also has an open platform. In addition to self-built logistics, there are also third-party logistics.Alibaba has a strict platform thinking, and logistics is also a cooperation with third parties.Alibaba later established Cainiao Logistics, but it was not a logistics in the traditional sense. It did not acquire land or build warehousing. It was more about the integration of logistics resources and the optimization of logistics information, and the improvement of logistics efficiency.In addition to its core e-commerce business, Alibaba has also incubated logistics services Cainiao Logistics and cloud computing services Alibaba Cloud. However, these businesses are all accompanied by Alibaba's e-commerce business, so Alibaba's core essence is still e-commerce.Cloud computing is developing very rapidly now. In the third quarter of 2018, the cloud computing business revenue was US$66.8 billion and the operating profit was US$2.1 billion; while Amazon's operating profit in all its businesses in the third quarter was US$3.7 billion, which shows that the profit contributed by cloud computing has accounted for 60% of Amazon.
Although Alibaba's market value is only half of Amazon's, Alibaba still has three businesses that are not listed. Alibaba's unlisted assets are valuated in total. Alibaba's unlisted assets are valuated in total. Alibaba's listed and unlisted assets are valuated in total. The gap with Amazon is 160 billion US dollars.
Of course, the gap between the two cannot be calculated so simply by adding and subtracting. Valuation is a relatively complicated matter. This method provides a sensory perceptual understanding. There is a gap between Alibaba and Amazon, and it will take a long time to make up for it.But if there is another company in the e-commerce field that can keep approaching Amazon, it is even more likely that Alibaba will be this company.The two are very similar, with e-commerce as the core, but their models are different, and they both have achieved great achievements in the field of cloud computing. This is the grasp and competition of the two in the future, and the convergence of the grasp of trends. The competition between the two in the future will occur in the international market.
According to financial data from January to September 2018, Amazon's revenue was US$160 billion, an increase of 36%, and its net profit was US$7 billion, an increase of 483%; Alibaba's revenue was RMB227.9 billion, an increase of 54%, and its net profit was RMB32.5 billion.Alibaba is faster than Amazon in terms of revenue growth, but Alibaba has been surpassed by Amazon in terms of profit growth.
After the development, Amazon's performance was indeed not as good as Alibaba. Even before, Amazon was a long-term loss-making player, but Amazon established a pan-global e-commerce era, and Alibaba focused on the Asian market dominated by the domestic market. In terms of global influence, Alibaba is far inferior to Amazon. A pan-global market influence naturally also means greater profit potential in the future.
So if Chen Hao can still buy some of Alibaba's equity after buying Amazon, the two world's largest e-commerce platforms will integrate resources in the future and cooperate with each other, this is definitely an unimaginable increase. Not only will Amazon's market value rise again, Alibaba's market value will also increase further.
If Chen Hao can master these two companies, then in the future, the wealth he holds in the two largest e-commerce companies alone will reach 2 trillion US dollars. What does two trillion US dollars mean? South Korea's GDP in 2018 is only 1619 trillion US dollars, which is not an exaggeration to say that it is rich enough to rival a country.
Besides, Chen Hao is also one of Google's shareholders, so ten years later, he really wants to select the world's richest man. He can say no exaggeration that anyone else can be the best.
After Chen Hao returned to the United States, he planned to officially acquire 20th Century Fox. After buying 20th Century Fox, he is a well-deserved master even for the entire American film industry. Of course, he also planned to buy Marvel and Hasbro to build the Marvel Universe and the Transformers Universe respectively.
Is Chen Hao satisfied with his current life?Of course he is very satisfied, but he is not satisfied yet. He has to constantly challenge himself, constantly achieve new achievements, and ignite a new world map!
Chen Hao's face unconsciously smiled, and he said it was easy to understand. What should he do if he earned enough money? Of course he wanted to play with women. Domestic female stars, Japanese and Korean female stars, European and American female stars, and actors and supermodels played casually. This is a comfortable life.
He has no parents' concern in his life, so of course he has to let himself go and play hard. Charlize Theron, Nicole Kidman, Scarlett Johansson, these European and American horses are still waiting for his spear to be dismounted one by one!
Of course, Bollywood in India is also good. When Chen Hao watched Indian movies in his previous life, he was not only not liking to dance as soon as he came out of the movie, but he was quite interested in the beautiful Indian actresses in the movie.
Chen Hao still remembers that many Indian actresses are trying to develop in Hollywood. Chen Hao's most impressive Indian actress Deepika Padukone in "Extreme Agent 3: The Ultimate Return", has a charming face, plump red lips, sexy figure, wheat-colored skin, and long toned legs. When you have the chance, you must find it and train it!
Hangzhou is definitely a famous historical city, and it was even more of a capital during the Southern Song Dynasty. Even after centuries of destruction of the Southern Song Dynasty, it was still one of the most prosperous cities in China.
When it comes to Hangzhou City, you will naturally think of the famous quote that has eternal meaning: There is paradise above and Suzhou and Hangzhou below!However, Chen Hao came to Hangzhou this time not to enjoy the beautiful scenery, but to take his own purpose.
In addition to being a historical city, Hangzhou City also gave birth to Alibaba, the largest e-commerce company in China.
In fact, Chen Hao had already paid attention to Alibaba before acquiring Amazon last year, but he had never taken time to come to Alibaba's Hangzhou headquarters.
This time returning to China is undoubtedly an opportunity to contact Alibaba. Of course, if it had not acquired Amazon, Chen Hao would not have thought of Alibaba so quickly.
Alibaba and Amazon are essentially e-commerce companies. Amazon is the originator of e-commerce. It was founded in 1994. Alibaba was established relatively late and was founded in 1999.However, after the development, Alibaba and Amazon's businesses have long been more than just the e-commerce field.Amazon has a market value of US$110,000, and Alibaba's peak market value has reached more than US$500 billion. Although the market value of the two is nearly double, Alibaba's profits are more than Amazon.
First of all, the models are different. Amazon is a direct-operated model. Later, JD.com used the Amazon model. Amazon also has an open platform. In addition to self-built logistics, there are also third-party logistics.Alibaba has a strict platform thinking, and logistics is also a cooperation with third parties.Alibaba later established Cainiao Logistics, but it was not a logistics in the traditional sense. It did not acquire land or build warehousing. It was more about the integration of logistics resources and the optimization of logistics information, and the improvement of logistics efficiency.In addition to its core e-commerce business, Alibaba has also incubated logistics services Cainiao Logistics and cloud computing services Alibaba Cloud. However, these businesses are all accompanied by Alibaba's e-commerce business, so Alibaba's core essence is still e-commerce.Cloud computing is developing very rapidly now. In the third quarter of 2018, the cloud computing business revenue was US$66.8 billion and the operating profit was US$2.1 billion; while Amazon's operating profit in all its businesses in the third quarter was US$3.7 billion, which shows that the profit contributed by cloud computing has accounted for 60% of Amazon.
Although Alibaba's market value is only half of Amazon's, Alibaba still has three businesses that are not listed. Alibaba's unlisted assets are valuated in total. Alibaba's unlisted assets are valuated in total. Alibaba's listed and unlisted assets are valuated in total. The gap with Amazon is 160 billion US dollars.
Of course, the gap between the two cannot be calculated so simply by adding and subtracting. Valuation is a relatively complicated matter. This method provides a sensory perceptual understanding. There is a gap between Alibaba and Amazon, and it will take a long time to make up for it.But if there is another company in the e-commerce field that can keep approaching Amazon, it is even more likely that Alibaba will be this company.The two are very similar, with e-commerce as the core, but their models are different, and they both have achieved great achievements in the field of cloud computing. This is the grasp and competition of the two in the future, and the convergence of the grasp of trends. The competition between the two in the future will occur in the international market.
According to financial data from January to September 2018, Amazon's revenue was US$160 billion, an increase of 36%, and its net profit was US$7 billion, an increase of 483%; Alibaba's revenue was RMB227.9 billion, an increase of 54%, and its net profit was RMB32.5 billion.Alibaba is faster than Amazon in terms of revenue growth, but Alibaba has been surpassed by Amazon in terms of profit growth.
After the development, Amazon's performance was indeed not as good as Alibaba. Even before, Amazon was a long-term loss-making player, but Amazon established a pan-global e-commerce era, and Alibaba focused on the Asian market dominated by the domestic market. In terms of global influence, Alibaba is far inferior to Amazon. A pan-global market influence naturally also means greater profit potential in the future.
So if Chen Hao can still buy some of Alibaba's equity after buying Amazon, the two world's largest e-commerce platforms will integrate resources in the future and cooperate with each other, this is definitely an unimaginable increase. Not only will Amazon's market value rise again, Alibaba's market value will also increase further.
If Chen Hao can master these two companies, then in the future, the wealth he holds in the two largest e-commerce companies alone will reach 2 trillion US dollars. What does two trillion US dollars mean? South Korea's GDP in 2018 is only 1619 trillion US dollars, which is not an exaggeration to say that it is rich enough to rival a country.
Besides, Chen Hao is also one of Google's shareholders, so ten years later, he really wants to select the world's richest man. He can say no exaggeration that anyone else can be the best.
After Chen Hao returned to the United States, he planned to officially acquire 20th Century Fox. After buying 20th Century Fox, he is a well-deserved master even for the entire American film industry. Of course, he also planned to buy Marvel and Hasbro to build the Marvel Universe and the Transformers Universe respectively.
Is Chen Hao satisfied with his current life?Of course he is very satisfied, but he is not satisfied yet. He has to constantly challenge himself, constantly achieve new achievements, and ignite a new world map!
Chen Hao's face unconsciously smiled, and he said it was easy to understand. What should he do if he earned enough money? Of course he wanted to play with women. Domestic female stars, Japanese and Korean female stars, European and American female stars, and actors and supermodels played casually. This is a comfortable life.
He has no parents' concern in his life, so of course he has to let himself go and play hard. Charlize Theron, Nicole Kidman, Scarlett Johansson, these European and American horses are still waiting for his spear to be dismounted one by one!
Of course, Bollywood in India is also good. When Chen Hao watched Indian movies in his previous life, he was not only not liking to dance as soon as he came out of the movie, but he was quite interested in the beautiful Indian actresses in the movie.
Chen Hao still remembers that many Indian actresses are trying to develop in Hollywood. Chen Hao's most impressive Indian actress Deepika Padukone in "Extreme Agent 3: The Ultimate Return", has a charming face, plump red lips, sexy figure, wheat-colored skin, and long toned legs. When you have the chance, you must find it and train it!
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