Rebirth 08: Rise from copycat phones

Chapter 528 Duohai International Shopping Platform
The Guangcheng branch of Yihai Technology Group also has a skyscraper with more than 40 floors as its branch headquarters.

Accompanied by Huang Jianian and others, Xu Shenxue arrived at the Guangcheng Yihai Building at around ten o'clock in the morning.

The huge convoy drove directly to the door of the lobby on the first floor of the building!

The first to arrive were a few Hailan SEVs and Hailan SLCs. The security guards and other staff got off the vehicles one after another and went about their business.

Then a customized bulletproof sea-blue SLC carrying Xu Shenxue and equipped with a solid-state battery stopped at the door. Then Liuhe Investment's Office Manager Dong quickly stepped forward and opened the car door.

Then Xu Shenxue, who was wearing a black suit, got out of the car. After getting out of the car, he looked around with a friendly expression, and then looked at the blocked first floor lobby. Xu Shenxue said, "Let's go. Don't stay on the first floor. It will affect the employees going up and down the stairs!"

When Xu Shenxue came to inspect, Yihai Technology Guangcheng Branch was notified and made preparations under the arrangement of the staff of Liuhe Investment, including temporarily blocking the lobby on the first floor.

This is not because Xu Shenxue is arrogant, but for the sake of smooth security.

The security work when Xu Shenxue is traveling has always been very cautious. The security team wants to empty the entire building for Xu Shenxue to inspect... Of course, this is impossible.

Xu Shenxue came here to inspect, not to see an isolated office building.

It is impossible to evacuate the entire building directly, but it is possible to temporarily block the lobby on the first floor.

It's not Xu Shenxue's security team's fault for making such a big fuss. It's really that the security pressure on Xu Shenxue is too great... There are so many people out there who want to take Xu Shenxue's life.

Over the years, the security team and peripheral security agencies have blocked a large number of mercenaries and killers in advance, especially when the clashes with the American consortium were more intense in the past few years, and they arrested a large number of illegal armed personnel who wanted to get close to Xu Shenxue.

Even now, the security department still knows that a lot of people are watching Xu Shenxue.

The most common super-rich people encountered were kidnappers...but what Xu Shenxue encountered were professional armed personnel from other consortiums.

The security threats are not on the same level at all.

Therefore, the so-called bodyguards of other wealthy people in the country are mostly used for show and to stop petty thieves, reporters and the like.

However, Xu Shenxue's security team is used to prevent and stop professional assassinations... they are serious about protecting VIPs.

Moreover, among the super-rich people in the country, except Xu Shenxue's security team, there is no other super-rich person's security team that can legally carry firearms.

There is no other rich man who would carry a rescue medical team with him on standby 24 hours a day...

There is always a professional medical vehicle in Xu Shenxue's travel fleet, which is equipped with professional rescue doctors and professional medical equipment and instruments for emergency rescue.

Because if Xu Shenxue's security team relaxes their guard, it is really possible that a bullet will fly out and blow Xu Shenxue in the head!
Xu Shenxue came to the headquarters building of Yihai Technology Guangcheng Branch for inspection. The security team had made many preparations in advance. In fact, many security work is not what you see on the surface now. There are just some of Xu Shenxue's personal security personnel on the scene.

In fact, there is a large group of security personnel working secretly for Xu Shenxue's travel and inspection.

Xu Shenxue began his daily inspection activities. He first went upstairs to a small conference room and briefly listened to the report of the management of Yihai Technology Guangcheng Branch, which was interspersed with introductions of several managers of Yihai Technology Group headquarters, including Huang Jianian.

"Our Guangcheng branch is mainly responsible for e-commerce business, including the development, maintenance and operation of domestic e-commerce platforms and overseas multinational e-commerce platforms."

Like many large companies, Yihai Technology Group has its various businesses managed by subsidiaries. For example, the specific developer and operator of the APP, Jump Video, is Jump Technology Co., Ltd., a subsidiary of Yihai Technology Group!

The e-commerce business is developed and operated by Duohai Technology Co., Ltd., and the headquarters of Duohai Technology is in Guangcheng.

Therefore, the Guangcheng subsidiary of Yihai Technology Group is centered on Duohai Technology.

At this time, Huang Jianian said: "Our Duohai Technology currently has a number of e-commerce products operating in different markets around the world, including the domestic Duohai shopping platform and the overseas Duohai international shopping platform. At the same time, we have also launched some independent or joint venture e-commerce products for some national markets!"

"At present, the core product of our e-commerce business, Duohai Platform, relies on traffic entry platforms owned by the group or its sister companies, such as Doudong Video, Yun Mobile Browser, UC Browser, and Zhiyun Map, and its business in China and abroad is developing smoothly!"

"In the domestic e-commerce business, our Duohai platform has become the third largest e-commerce platform in China, second only to Taobao and JD.com. However, new competitors have also emerged in the domestic market. Pinduoduo's e-commerce products have developed rapidly in recent years and have a huge competitive advantage in the field of low-priced products!"

"Our Duohai shopping platform's e-commerce model is more dependent on traffic, mainly relying on live shopping, online celebrities and other models, which is different from the traditional shopping model and the cost-effective shopping model!"

"In fact, at the beginning, our domestic e-commerce platform also adopted the cheap e-commerce model. In the early days, we even shouted the slogan of cutting down. However, later on, for the overall brand reputation of the group, and also because of the huge traffic brought by the strong rise of Tiaodong Video and the rise of the new online celebrity sales model, we began to gradually abandon the cheap e-commerce model!"

"This also led to the rise of competitors, which took away a large amount of our original cheap e-commerce market share!"

"However, there are gains and losses. Our gradual transformation in the domestic e-commerce business, through the establishment of genuine products, standardized merchants, and boycott of inferior and counterfeit merchants, and the launch of the multi-sea factory brand direct sales model, has increased our low-cost e-commerce business."

"We have encouraged and supported a large number of small and medium-sized manufacturers to establish their own brands and sell directly from the factory. They have done a very good job in terms of cost performance of their products, and their quality is guaranteed!"

"So the overall scale of our cheap e-commerce business is still growing rapidly, especially in the field of daily necessities, our market share is still gradually expanding!"

The purpose of Duohai platform in the cheap e-commerce business is to allow small and medium-sized manufacturers to sell directly as much as possible, in order to reduce the cost of the middle links and significantly lower the price of goods. At the same time, Duohai platform supports traffic, and finally forms a situation of small profits but quick turnover.

Of course, this also has its flaws, which is that it is not very friendly to many third-party sellers and small and medium-sized manufacturers with weak strength.

It's a mixture of gains and losses.

The advantage is that while ensuring a good price-performance ratio, it can also guarantee some of the quality of the goods... well, only some of the quality, which meets national standards, and national standards are only used to ensure the lower limit.

After all, it is a cheap e-commerce platform, so it is impossible to really say how good the product quality is. After all, manufacturers cannot sell products at a loss, they have to make some profit!

But it is impossible to achieve the lowest price possible... Many counterfeit and shoddy manufacturers are able to lower the price of their products to the lowest level. Of course, don't expect any quality or even safety. Many manufacturers use recycled waste materials when selling sanitary napkins, which do not even meet national standards.

Generally speaking, there are three types of product standards. One is far beyond the national legal standards. This is what large companies like Zhiyun Group do. Their internal product standards far exceed national standards and are extremely demanding. There are very few such products, and they are often mainly products of large multinational companies. Of course, the price is also extremely high!

The second type is those that comply with national quality standards and make products along the lines. They are not that good, but they can guarantee the basic lower limit. They are usually medium-sized and large enterprises or small enterprises that are not so bold... Many so-called big-brand daily necessities are basically of this type.

The third type is those that do not meet national quality standards. As for how low the lower limit is, it depends on how unscrupulous the boss is... They are generally produced by various small businesses or even small workshops, and the selling price is very cheap.

Most of the cheap goods on e-commerce platforms actually belong to the third category.

But I don’t mind that you are poor, but you mind that my products are of poor quality?
This kind of thing is actually a matter of one person willing to fight and the other willing to be beaten.

The third type of product actually has a huge market demand... because there are so many poor people in this world!
Not everyone can afford products that meet quality and safety standards!
Huang Jianian continued: "For our domestic e-commerce business, our main focus is still on live shopping and influencer sales, so that we can make full use of the huge traffic of our Jump Video."

"Our growth rate in this business is very high, and we have an absolute leading advantage in China!"

Yihai Technology's e-commerce business is actually built on the strength of Doudong Video. Although it also started to engage in cheap e-commerce in the early days, the scale was not large in the early days.

The e-commerce business was truly developed in recent years thanks to the huge traffic brought by Douyin Video.

Huang Jianian said: "Relying on the traffic of short videos to bring goods is a relatively mature business model in China. We are currently replicating it on a large scale in foreign markets. However, due to the limitations of the express delivery industry in some countries, the advancement of our e-commerce business abroad is also fast and slow!" "Not all countries have such a complete express delivery industry as China. Many countries do not have a mature and complete express delivery system, so it is more difficult to do e-commerce business."

"However, by leveraging the huge traffic of Doudong Video and the mature and low-cost domestic supply chain system, our international e-commerce business has been promoted relatively smoothly overall, and we have already captured a major market share in many countries or regions!"

“We have even successfully entered the US market!”

"We use short video apps such as Doudong Video as the main platform, as well as other social, tool, and life service apps to attract traffic, and then monetize the traffic through e-commerce platforms that bring goods. This is our new business model that we are currently promoting on a large scale in the global market."

“The results are quite outstanding at present!”

Xu Shenxue came to the Guangcheng branch of Yihai Technology mainly to look at the e-commerce business. At present, the e-commerce business of Yihai Technology Group is relatively in line with his expectations.

Although it still ranks third in the domestic market and is looking to enter second place, when it comes to its overseas e-commerce performance, it ranks first among many domestic Internet companies.

This is also the difference between Yihai Technology and other domestic Internet companies.

That is, other domestic Internet companies mainly focus on the domestic market. They have tried to go overseas, but most of them have failed and they are not doing well in overseas markets.

However, Yihai Technology has focused on overseas markets from the very beginning, from its early mobile game business, to its short video business, and then its e-commerce business, basically giving equal importance to domestic and overseas businesses.

Yihai Technology’s overseas revenue has accounted for more than 40% of its revenue for a long time.

This is also the main reason why many people put Yihai Technology on the same level as Google, Facebook and other companies, because Yihai Technology is really competing with Google, Facebook and other overseas Internet companies on a global scale.

The internationalization of Yihai Technology, especially the internationalization of its e-commerce business, has also provided considerable support for the export of small commodities in China.

Every day, a large number of goods are exported through the Duohai International Shopping Platform... Many small and medium-sized enterprises or entrepreneurs engaged in overseas e-commerce business make huge profits relying on the Duohai International Shopping Platform.

Today's multi-national shopping platforms and overseas e-commerce platforms created by other domestic Internet companies, or shops opened directly by domestic sellers on overseas shopping platforms, have greatly promoted the export of domestic goods.

The cross-border e-commerce export model has become one of the main models for domestic commodity exports.

This can be seen from the large and rapidly growing number of people engaged in cross-border e-commerce in China.

It is worth noting that this new commodity export model is mainly based on industrial consumer goods, many of which are produced by small and medium-sized manufacturers, which has a huge driving effect on domestic small and medium-sized manufacturing companies.

Xu Shenxue is also very concerned about this point.

Duohai International Shopping Platform. In the eyes of many people, the value of Duohai International Shopping Platform does not mean how much money Yihai Technology can make by relying on this platform, but how many goods are exported through this platform and how much domestic manufacturing has been boosted.

Of course, if there are enough goods exported through Duohai International Shopping Platform, it will be difficult for Duohai International Shopping Platform not to make money.

After learning about some major operational aspects of the e-commerce business, Xu Shenxue also visited and inspected Duohai Technology's technology research and development department.

Engaging in e-commerce also requires very good technical skills.

For example, when organizing a flash sale, how to deal with the explosive traffic is a huge challenge... After all, the traffic on weekdays is not that large, and it is impossible to always have such a large server.

However, relying on the servers on weekdays is not enough during some shopping activities, which will cause various lags.

To solve this problem, the technical capabilities required are very high.

In addition, it also requires the support of a large cloud computing provider.

Yihai Technology itself does not have a huge cloud computing business, but its neighbor Zhiyun Group does!

To be precise, it is Zhiyun Computing Technology Co., Ltd., a subsidiary of Zhiyun Group. Zhiyun Computing Technology Co., Ltd. was established to solve the problem of sales of its own server CPU!

What should I do if my server CPU cannot sell as well as Intel’s server CPU?
Zhiyun Group’s strategy is not to sell server CPUs, but to directly sell computing power... As a result, it has developed the largest cloud computing business in the country, with a large number of cloud computing centers around the world.

In addition to being directly supplied to Zhiyun Group, these computing powers are also widely supplied to its sister company Yihai Technology and other companies.

In fact, few ordinary people know that in addition to selling mobile phones, computers, and robots, Zhiyun Group is also the largest cloud computing provider in China and one of the top three in the world.

After all, compared with Zhiyun Group’s star businesses such as smart terminal business, APO graphics card business, robot business and virtual equipment, Zhiyun Group’s cloud computing business is not very eye-catching... The revenue is average and the profit margin is low.

After all, no matter what, this cloud computing business is just a monetization channel for some of Zhiyun Group's chip businesses, and it is not a core business.

This is very different from companies that develop and operate cloud computing as their main business.

Zhiyun Group's cloud computing business also strongly supports Yihai Technology's computing power needs... Yihai Technology does not need to invest in building a large number of cloud computing centers like other Internet manufacturers. It can directly use Zhiyun Group's cloud computing center, which is cheap and convenient.

However, in the era of artificial intelligence, Yihai Technology, like other Internet companies, had to start building its own artificial intelligence computing center on a large scale.

Although Yihai Technology does not develop artificial intelligence itself, it still deploys and applies GTAI open source artificial intelligence on a large scale.

The operation of the GTAI big data model also requires the computing power of a large amount of APO graphics cards to support it.

----

At noon, Xu Shenxue's inspection came to a temporary end, and he had a simple working lunch with a group of management. In the afternoon, Xu Shenxue and his team left Yihai Technology, and the motorcade started... This time they did not return to the hotel, but went directly on the highway back to Shenzhen.

This inspection in Guangcheng lasted for a week. Xu Shenxue basically visited the business of all major enterprises under his control in Guangcheng and grasped the actual situation on the front line through personal inspection.

Some of the things I saw during this process were done well, some were not so good, and some were not very good.

After all, there are many companies and many types of businesses, so there will always be successes and failures.

But overall, Xu Shenxue is quite satisfied with the business development of his companies in Guangcheng.

Especially in the fields of basic material research, solid-state batteries and semiconductor equipment, we have done very well.

The huge convoy traveled in silence along the way and soon returned to Shenzhen. After returning to Shenzhen, many staff members who had been on business trips with Xu Shenxue for many days went back to their homes, had a good rest for the night and continued their work tomorrow.

But Xi Wanqing couldn't do that, because Xu Shenxue did not go home directly, but went back to the company headquarters to continue working, intending to continue processing some document matters in the company.

As the accompanying staff of Manager Dong, Xi Wanqing and the others could only accompany him!

(End of this chapter)