I have to say that from the summer of 2018 to the autumn of 2019, the capital market generally did not look optimistic about Tencent. More people in the Internet industry were even less optimistic about Brother Ma.

What game version number has been suspended for more than half a year, and the chicken-eating game cannot be cashed out...

WeChat's traffic growth seems to have peaked...

ByteDance absorbs Tencent’s user duration and advertising revenue...

The corporate culture management is too Buddhist, has no dreams, and is not wolfish enough...

Even Penguin seems to feel lacking confidence, especially whenever Alibaba releases its financial report, Tencent employees complain about why their competitors are so efficient and leading?

As soon as the financial report came out,

The whole audience was silent!

The game version number is settled... Social advertising revenue soars... Financial technology and cloud services performed well...

Instantly shut up people who complain that Tencent has no dreams!

What does Feng Shui mean? I don’t know when it will start, but most people in the market are no longer optimistic about Alibaba?

The statue of the god that once claimed to be invincible in everyone's mind,

The ceiling is much higher than Tencent,

Can challenge Fang directly...

Where did you go?

Thinking of this, Chen Feng laughed silently. How absurd is the so-called effective market hypothesis. Tencent is still the same Tencent, Alibaba is still the same Alibaba, a giant with a market value of several trillion yuan and a net profit of hundreds of billion yuan every year...

die,

First ask the country whether it agrees or not?

Why do you have this idea?

Because in the mobile Internet era, people's learning of knowledge is highly fragmented, formal and professional discussions are often mixed with chat after dinner, which leads to more susceptibility to prejudice and more intense emotional fluctuations.

To put it bluntly, I can't tell the difference between the true and the false!

All criticisms of Tencent in 2019 ultimately pointed to the management team, such as Xiao Ma Ge's management style is too Buddhist and too restrained;

Martin over-focuses on strategic investment rather than endogenous growth;

Mark has not made a name for himself in the PCG business group he is in charge of...

Most of the criticism of Alibaba this year still points to the management, especially Xiaoyaozi, who has just taken the lead. Some investors have already started to point at the nose and scold: It is at Feng Qingyang's home!

Good guy, this is the first complete financial year for him to take over as executive chairman!

Of course, there is no wind or wave. In my opinion, the reasons are nothing more than four points: the rapid rise of Pinduoduo lacks the means of curbing the rapidly rising Pinduoduo, which once again proves this.

It is difficult to compete with the powerful Meituan in the field of local life services.

Short video platforms such as Kuaishou and Douyin have entered e-commerce transactions, threatening the core territory of the Taobao system.

Finally, Prince Jiang's magical finale...

Completely ignited doubts about bad employment.

Even if Xiaoyaozi repeatedly emphasized that he would not follow the pace of his competitors such as Pinduoduo, and should maintain his own pace.

In order to support Ele.me, he transferred his confidant general Sun Quan from Alipay to in charge of local life services.

A city retail business group was established with Tmall Supermarket as the core.

A violent operation not only does not produce immediate results, but it makes it difficult for the outside world to understand what you are doing?

Chen Feng stood up and came to the floor-to-ceiling window. To be fair, Xiaoyaozi is the most successful executive in Alibaba in recent years and one of the most prestigious executives.

Otherwise, how could an airborne soldier with CFO background and no front-line experience replace Lao Ma's position?

Jingdong has been eyeing for so many years and is approaching the Taobao system with confidence. In the end, Xiaoyaozi stopped him?

Neither Alibaba’s founding veteran nor technical background. To achieve today’s level is not because of its handsome appearance?

A person who has fought a strong battle suddenly lost his mind in the past two years?

Do you believe it?

In my eyes, financial background is not a disadvantage, but its most powerful killer weapon.

Alibaba is already a giant with a trillion-dollar scale, and it can only be busy with work without a calm investment vision.

Lao Ma and other shareholders must have chosen Zhang Yong because of this. As the first founder, Jack Ma has too many destiny and luck, and his success cannot be copied at all.

It is even more difficult to keep a business!

If you want to analyze it yourself, Lao Zhang’s idea is very simple: establish a complete local e-commerce system in the same city including takeaway, in-store, same-city retail, fresh food e-commerce, same-city express delivery, and home delivery services.

Alibaba's new infrastructure such as cloud computing, ai, cainiao, and hummingbird will provide support for the above systems.

The cash bull, Taobao e-commerce company, will provide financial resources for the above system.

Everything has been determined, and he has served as the chairman of Intime Business since 2015. In 2017, Intime became the first large offline supermarket to be fully consolidated by Alibaba.

At the same time, the concept of new retail was proposed, and he spent money to invest or acquire offline resources...

Hema Fresh, Taoxianda, Word of Mouth Network, Ele.me, Hummingbird is now available, rookie...

If you understand, you are all about the local area in the city.

Not being in his position or not doing his own politics seems to be a symbol of Ali's loss of flexibility or Xiaoyaozi's lack of judgment.

When Shen Feng really sat in this position, he could best understand the hardships. The real world is changing rapidly, and it is normal for him to plan to keep up with changes.

It's like driving a 200-kilometer heavy truck on the highway...

The feeling of holding the steering wheel tightly!

Everyone knows that the mobile traffic dividend has been exhausted, offline has become a traffic depression, where is the offline entrance?

But only after the real ending is that your offline business is a hundred times more difficult to do than online.

The position is king, with a huge number of personnel management, responsible for social relations, low replication, fierce competition...

Even giants are played hard.

Add to this a careless person and actually popped up Pinduoduo?

There is also the uneasy Meituan Lao Wang eyeing him,

Another old king of SF Express is ambitious,

Maybe you'll even count yourself?

Shen Feng couldn't help laughing out loud. Xiaoyaozi's life is not easy!

Compared to the enemies hiding in the dark, what old enemies are JD.com and Tencent...

A very good person!

Shen Feng secretly thanked that he had to find someone who could endure hardships in hard work. He had a specialized career and could not accept it.

This is also the reason why he likes Hong Gang. It is easy to get a general in a thousand troops. If it were not for others to do their best, no matter how awesome the golden fingers were, they could jump out and push them?

Let a group of otakus who only know how to write codes negotiate with the Three Degrees?

Hahaha!

Brother Qiang Dong once shouted: Build 10,000 JD stores and 1 million JD brand convenience stores within five years.

What's the result?
Chapter completed!