Chapter 142 The Open Handset Alliance is established

Author: Banlou Yaofeng

Chapter 142 The Open Handset Alliance is established

On November 5, Google finally announced the establishment of the Open Handset Alliance, with 36 companies including China Mobile, Qualcomm, and Samsung joining in to launch the Android SDK software development toolkit.

First, the Honor G1 mobile phone came out, and then Google Android gradually attracted public attention. Finally, it was cathartic at this moment. Many things that were not understood before have now surfaced.

Starting from this day, the number of reservations for the Honor G1 mobile phone has soared. With the support of Google and the blessing of 36 software and hardware operators around the world, consumers' confidence in Android mobile phones has become unprecedentedly strong.

Honor, which has yet to sell a single mobile phone in China, has soared in domestic influence. If no major negative events occur, it is almost destined to become on the same level as Motorola, Samsung, and HTC in the shortest possible time.

high-end mobile phone brand.

"It turns out that the Honor phone is a Google Android phone..."

There is almost no objection that Google is the most attractive Internet technology company in the world at this time, not only because of their excellent search engine, but also because of their open and inclusive corporate culture, which has almost no black spots in the country.

Of course, more than ten years later, Google changed its original intention and provided high-definition maps of Russia for unknown purposes. Musk Starlink directly serves the war. After all, the Silicon Valley technology giant is an American technology company, and its butt has decided its position.

After China Mobile joined the Google Open Mobile Phone Alliance, it took the initiative to contact Honor. Qu Li was really unavailable, so he had to let Zhou Shaoning take charge of the contact. In the years when operators' mobile phone subsidies still existed, no mobile phone company dared to offend the operators, just like most migrant workers.

Even if you don’t dare to offend your boss, you still want to eat from them.

What is Qu Li doing at this time? Of course, he is pushing Jumei to go public.

Jumei’s total domestic sales in the third quarter experienced explosive growth, exceeding 200 million RMB. Sales in October even exceeded 150 million. The addition of third-party brands and free shipping promotions during the summer and National Day have achieved great results.

of success.

Let’s put it this way, Jumei’s financial report is calculated from November to the end of October of the following year, which is a complete fiscal year. Counting the revenue from virtual products such as phone bills and game recharges, Jumei’s domestic revenue in fiscal 2007 exceeded 450 million.

Meibi, Shopee has been established in the United States for four months, has been on sale for three months, and has accumulated sales of more than 40 million US dollars.

After accounting adjustments, the financial report shows that Jumei Group's revenue in fiscal year 2006 was 20 million, and in fiscal 2007 it was 750 million, almost 100 million U.S. dollars. Revenue increased 37.5 times in one year. Who dares to say that this is not a business miracle.

The current financial report has not been audited by an accounting firm, but the problem is not big. At most, it has been making money before. Jumei e-commerce platform has basically made no profit this year due to promotions, but Riyue Fenghua, as an asset-light brand operating company, has been

It makes money. So something weird happened. Jumei actually achieved overall profitability for two consecutive years.

The biggest source of profit is of course Riyue Fenghua. In 2007, there was really little competition among clothing e-commerce companies. Xiangyun and Danlin’s gross profit margins have remained at 100% for a long time. Even if coconut shoes are sold to Shopee for $60, Xiangyun still has 200%.

With the above net profit, there is much to brag about at this time: a pioneer in the Internet industry, a new trend in brand e-commerce operations...

Lehman, HSBC, and Goldman Sachs gathered in Yangcheng to make suggestions for Jumei. It is already November, and the road show will start in December, and it will be listed in January next year.

Jumei has been established for two years, and its finances are very clean. So we will adjust the share ratios of Riyue Fenghua, Jumei, and shopee to try to pay as little tax as possible. The only thing left to do is to brag in the media, whether it is Jumei in China or shopee in the United States.

, are all in a period of rapid development, and Qu Li doesn’t have that much free time.

The role of high-end talents is revealed here. Lin Bin and Xu Lei are very proactive and can handle many things without Qu Li. Because of the emergence of Shopee, Jumei chose Nasdaq and Wall Street as its listing location.

The investment will have more room for imagination. In addition, Qu Li did not ask for super voting rights. For a company established less than two years ago, no one would agree.

Jumei's previous total share capital was 150 million shares, and the stock price in the last round of financing was US$2.6. This time, 25 million new shares were issued, and the transfer of old venture capital shares did not exceed 5 million shares. There are still 10 million shares that need to meet certain requirements.

Conditional equity incentives.

Lehman arranged an issuance price for Jumei of US$16 to US$18, with a financing of approximately US$400 million and a market value of over US$2.8 billion. It was more confident than the founder, Qu Li, and it was really difficult for them.

Ali's B2B business was listed in Hong Kong, raising US$1.5 billion, and its market value was only US$8.8 billion. However, on the day of listing, the issue price soared from HK$13.5 to HK$39.5. Alibaba's market value exceeded US$25 billion. Chen Danlin purchased HK$1 million at a cost of HK$3 million.

I made a small profit from 10,000 shares.

The outside world was surprised by Jumei's listing. After all, it was established too short ago. Although it was in the limelight, why couldn't they wait a little longer? Did Qu Li want to tell them that the subprime mortgage crisis was coming and everyone's life would be difficult? He wanted to stock up on food in advance.

We also need to develop cloud computing...

It's not that Qu Li doesn't want to inject capital into Jumei. The problem is that even if Jumei goes public, his shareholding ratio will not be less than 40%. This is already a lot, and he is very satisfied.

Well, no one believes this, and no one thinks he has too much money. Qu Li admitted that he was short-sighted and thought he could make a lot of money by trading stocks and buying options. He did make money, but compared to the development of Jumei and Honor,

As well as future potential, his investments in financial markets seem to have become less favourable.

No one can be right all the time, even a reborn person. Qu Li didn’t know that Jumei would be so successful. If it wasn’t the Taobao store, look at how many listed companies would emerge from Taobao ten years later! Qu Li didn’t even know that shopee

The group buying model plus Facebook will have such explosive power. What he knows is that investing in Facebook will not lose money.

Qu Li, who does not want to be a financial tycoon, has never regarded himself as a pure entrepreneur. He has a strong financial thinking, speaks of long-termism, and wants to make quick money. Qu Li looked at the issue price set by Lehman,

He felt bitter in his heart. He really regretted it. How about injecting capital into Glory now? Haha, he was thinking too much!

Qu Li, who was under great pressure, often couldn't sleep these days. After tossing Chen Danlin several times one night, she was still very annoyed and wanted to go to another room several times. Chen Danni was waiting there, but unfortunately she could only think about it.

"I don't want to work with Chen Danlin anymore." Chen Danni found the opportunity to complain

"Why?"

"Her people are everywhere here. If anyone approaches you, someone will snitch on you."

"..." Could it be that there are many beauties in the school recruitment this year? Qu Li thought about it.

"Can you say something?"

"What do you want to do?"

"Will she stay at Jumei E-commerce or at Sun and Moon Fenghua?"

"She is the vice president and can manage both sides."

"Is she going to force me to leave Jumei?" Chen Danni couldn't stand it.

"You should go to Riyue Fenghua to be responsible for brand operations and management." Qu Li thought about it and felt that a retreat job would be more suitable for her.

"She won't go there often. I'll live somewhere else."

"Dan Lin agrees?"

"The office space here is too small. The two companies will definitely have separate offices."

"You are smart, you have to wait until Jumei goes public."

"I miss you." Chen Danni said pointedly.

"I miss you too."

The two left the company and drove into the same hotel.
Chapter completed!