The penniless son of the penniless ...

Chapter 261: Amazon is about to explode

The next morning, looking at Zhang Junfeng with obvious dark circles under his eyes, Wu Xiuying asked Zhang Junfeng suspiciously whether he was too excited last night or was still obsessed with those passionate female stars at the banquet?

Zhang Junfeng was not going to admit to Wu Xiuying, whose sixth sense was inexplicably accurate. Otherwise, once this woman knew that he had contacted the "English Rose" last night, there was no telling what kind of trouble this woman would come up with~!

Zhang Junfeng calmly said that he had gone to bed late last night because he had a phone call with Li Fuzhen who was far away in Goryeo, and told her not to make random guesses.

……

In the afternoon, Zhang Jun contacted Mugur Hosking, the investment director of Peak Comet Capital headquarters in the United States. He planned to take advantage of this visit to meet with the heads of the Internet companies he remembered and have a chat to see if he could give them some inspiration, or even come across some unexpected "potential stocks", which would be quite good~!

However, compared to Zhang Junfeng's calmness, Wu Xiuying became a little excited when she heard that she could visit those Internet technology companies whose market value has reached tens of billions of dollars.

After all, in Goryeo, even top companies like Hyundai Group and Five Star Group, although their market value once reached trillions of won, are also backed by equally staggering amounts of loans and debts.

Especially after this financial crisis, the light and glory that once seemed dazzling disappeared completely like a burst bubble, leaving only a mess.

In America, the leading Internet technology company is Microsoft, whose market value has now exceeded 4500 billion US dollars. Being able to meet such a big company and even Bill Gates himself is definitely something worth promoting in the future~!

However, Zhang Junfeng did not seem to be very interested in visiting Microsoft and Bill Gates. After all, there was not much room for Microsoft's peak market value of more than 6600 billion US dollars to rise.

Moreover, Microsoft's current market value is frighteningly high. Even if he puts forward extremely valuable plans and ideas, the ultimate beneficiaries are the major shareholders, not himself, a small and unknown person who may not even be a shareholder.

The same amount of capital investment can cause a huge increase or even a surge in stock prices in Apple, Amazon or even Yahoo, and the former two will also care about their proposals. After all, the funds they invested are enough to become a major shareholder with some say.

As for Yahoo…? Just take advantage of the trend. After the Internet bubble, Google, in which Zhang Junfeng invested, will rise up and eventually kill Yahoo and abolish the status of this “old predecessor”. Even Microsoft will be trampled under his feet in the end~!

……

Amazon, inside a conference room.

Bezos, the company's CEO, was quite surprised by the visit of Zhang Junfeng and his team. After all, he originally thought that the person in charge of Comet Capital, who was very optimistic about the company and continued to increase his holdings in the company less than a year after its listing last year, should be a senior financial expert in his 50s. However, he never expected that the other party would be an unusually young financial investment expert! During this period of time, the big noise made by KB Bank, which is controlled by Comet Capital, in the futures market has also spread thoroughly in the financial and investment circles in the United States. Many people are quite curious about Comet Capital and have many speculations.

"I wonder what Mr. Zhang's visit is about?" Bezos was still somewhat wary of this uninvited shareholder, although Zhang Junfeng did not hold many shares.

Zhang Junfeng explained with a smile, "This time I came here mainly to learn about Amazon's current operating conditions and Mr. Bezos's subsequent business plans. As an investor, I always hope to know more about a company's operating conditions and future development plans, rather than not knowing what company I have invested in and only having my impression of it based on a few words of description from others..."

Hearing what Zhang Junfeng said, Bezos nodded in agreement, quite agreeing with what Zhang Junfeng said.

With the reports from their subordinates, Zhang Junfeng and others soon learned about Amazon’s business development status over the past two years.

Since Amazon was successfully listed on NASDAQ on May 1997, 5, Amazon, under the leadership of Bezos, began to build its core business, and the first business it built was the marketplace business. However, their operation was relatively conservative at the beginning. On their own shopping platform, there were only their own products, and no third-party sellers were allowed to settle in.

Such operations also resulted in Amazon's mediocre performance from last year to the first half of this year, which is completely different from the popularity they had originally expected.

Under the advice of a group of company executives and think tanks, they plan to add modules to the Amazon platform and try to open up sellers' permissions to other sellers they attract. They try to increase the product variety and cost-effectiveness of the platform by introducing a large number of merchants of different categories. With a massive selection of goods and a low-price strategy, the Amazon platform will be more attractive and able to break through the siege and seize more market share.

After more than a month of trials, they were surprised to find that this operation did have a significant effect. A large number of users and viewers came to the Amazon platform to browse products and shop, and sales also increased significantly compared to before!
At the same time, soon after its listing, Amazon began to prepare for the construction of a distribution center network, because the efficiency and service level of the distribution link are the most important parts for e-commerce companies to ensure customer experience.

……

Of course, in addition to the main business on the Amazon platform, Amazon's expansion plan is also in full swing.

In 1998, as Amazon's market value climbed and it received more financing, under the leadership of Bezos, Amazon announced in April the acquisition of three peer companies in an attempt to increase its own competitiveness!

The first is Bookpages, one of the largest online bookstores in the country of John, which offers 120 million English books. The second company is Telebook in the country of Hans, which is the number one online bookstore in the country of Hans, with nearly 40 German books. The third company is IMDb, which mainly deals in video business.

Seeing that the situation at Amazon was the same as what he remembered in his previous life, Zhang Junfeng showed a bright smile on his face. Then he looked at Wu Xiuying beside him meaningfully. The latter immediately understood and picked up a pen to quickly record it in the notebook.

(End of this chapter)