Chapter 937: Guarantee 2 Fight 1

May 1. . The fastest update
Carrefour Global President is about to rush to China. Once the news came out, it attracted many people's attention.
Of course, people who pay attention are all in the retail industry.
What really arouses most people's attention is the problem of milk powder and the success of remote Weibo financing.
Distant began financing in 2007 and did not officially come to an end until May 2008.
I have to say that it lasts long enough.
Of course, Li Dong didn't wait.
The valuation of Weibo in 2007 was US $ 100 million. In just half a year, the value of Weibo has increased more than ten times, and the conversion into RMB is close to 10 billion yuan.
The problem of milk powder has also developed after several days of incubation.
In the past few days, test reports of families with children at that time have been released one after another.
According to rough statistics, about 10,000 babies have received medical consultation.
Among them, more than 2,000 infants and young children are currently hospitalized, and 3 people have been diagnosed with the disease. Others are still undergoing further examination.
The proportion is not large, but things are still exploding.
Three people were diagnosed, indeed, not many.
But it also proves that the problematic milk powder can indeed cause illness and even death!
If it wasn't for the distance that the news broke ahead of time, they would continue to let the children continue to use it. Will the next diagnosed illness be their own children?
Will the first person die be his own child?
Thinking of this consequence, countless parents are afraid of it.
For a time, attacks on supermarkets and dairy companies on the Internet and in the media continued. Millions of people called for severe punishment for "murderers"!
Yes, at this moment, everyone treats these companies as murderers.
Several major supermarkets and dairy companies have been pushed to the top of the storm, and business has plummeted.
Only the distant supermarket, at this time became everyone's only object of trust.
In April, the sales of distant supermarkets increased significantly.
Prior to this, the monthly sales of Yuanfang Supermarket were about 4 billion, and statistics were collected in April, although the specific data has not yet come out.
However, the general data Li Dong already knows, the sales of distant supermarkets should exceed 5 billion in April.
You know, supermarkets are in low season in March and April.
At this time, the distant supermarket actually reached more than 5 billion sales, more than 25% in March, which is simply unimaginable.
But far away it did.
Li Dong's sales of China Resources and Bailian in April are not yet clear.
But in March, the sales of the two companies, Li Dong knew.
In March, Bailian led by 6 billion in sales, and China Resources followed closely with 4.5 billion in sales. At that time, Far East ranked third in the chain supermarket industry with 4 billion in sales.
Although he didn't know the result in April, Li Dong knew that the two must not have risen, and even a decline may not be necessary.
Beyond Bailian, the distance should not be able to surpass, but it can be steadily beaten by China Resources.
Beyond China Resources in the off-season, perhaps the gold content is not too large, but it does not mean that there is no gold content.
If this continues, it should be a sure thing to surpass CR Vanguard this year.
...
In the office.
Li Dong, Sun Tao and Yuan Chengdao are smoking.
Amidst the smog, Yuan Chengdao said with emotion: "After winning Su Guo last year, I feel that if I want to surpass China Resources, it will take at least two to three years.
Unexpectedly, this is just after the New Year, and the first half of the year has not passed, our monthly sales exceeded that of China Resources.
In the past 4 months, January and February have all been peak seasons. In addition, due to the heavy snow at that time, our supermarket business was already good, not much worse than China Resources.
After the store opened one after another, plus the counterattack in April, in 4 months, our total sales should exceed 20 billion.
According to this progress, even if we do not expand this year, the annual sales of supermarkets in 2008 should also exceed 60 billion.
Can't believe it! "
Sun Tao from the side said: "In 2007, China Resources Group's annual revenue was 100 billion, but this is their total revenue, but in terms of retail, China Resources just reached 50 billion in 2007.
Bailian's retail revenue last year was 87 billion.
This year, I think China Resources will be around 60 billion at most, and Bailian may reach 100 billion.
Beyond China Resources, the difficulty should not be too big, if Bailian ... "
Sun Tao didn't go on, it was not difficult to surpass Bailian, and even said no drama.
The revenue gap of 40 billion yuan is equivalent to rebuilding more than half of the distant supermarkets.
This gap can't be smoothed out with a few bold words.
At the annual meeting, Li Dong said that the supermarket will be the first this year. Now it seems that the first difficulty is too difficult, and the second should be stable.
In less than five years, Sun Tao was satisfied and Yuan Chengdao was actually satisfied as the second largest supermarket chain in the country.
The entire distant group is almost satisfied.
Li Dong alone was not satisfied.
Li Dong thought for a while and said, "What if we take Carrefour next?"
Yuan Chengdao shook his head and said: "Unless they take over their stores across the country, after all, Carrefour's total revenue was less than 30 billion last year. If this year is all replaced with a distant signboard, with this opportunity, it may exceed 40 billion .
At that time, there was hope for the supermarket to break through 100 billion in annual revenue.
However, it is too difficult to accept Carrefour regional stores nationwide.
First, we have stores that overlap with both parties. The stores that can be absorbed by us are probably about 80, accounting for about two-thirds of Carrefour stores.
If you want to take over these 80 stores, let's not talk about other difficulties, just the acquisition of funds is an astronomical figure. "
At this time, the China Retail Industry has not yet had such a large-scale merger and acquisition.
However, Li Dong, who was born again, knew once that China Resources merged with Tesco in 14 years.
At that time, the number of Tesco stores was similar to that of Carrefour, and sales were similar.
In the end, China Resources acquired the other party at a price of 22 billion Hong Kong dollars. Of course, this is the data given by China Resources and may not be accurate.
At the time, it was not a complete merger, but Tesco and China Resources established a joint venture.
Also, the brand value of Tesco at that time was also included.
However, in any case, if you want to acquire more than two-thirds of Carrefour's business in China, don't think about it.
Maybe a little lower, after all, Carrefour is now in a difficult situation and its reputation has been hit hard.
However, the gap between the upper and lower levels should not be too great. A guaranteed bottom of 7 billion is indispensable.
For the current distance, the difficulty is not so great.
Li Dong knocked lightly on the table and thought for a while: "If you really take over the non-coincident area, this is about 80 stores.
In addition to our current expansion in Shanghai, Henan Province, and Shancheng, do you say that it is difficult to reach 100 billion revenue at the end of the year? "
Sun Tao Wenyan figured it out: "It's a little difficult, but it's not too difficult. And you said that in the second half of the year, we will also carry out a batch of expansion, if we can catch up with the operation before the end of 2008.
For hundreds of billions of dollars, I think there is great hope. "
Yuan Chengdao on the side added bitterly: "If the acquisition of Carrefour stores requires 8 billion, in addition to Shanghai and Shancheng, it will be at least 2 billion to complete the construction.
Not counting the expansion in the second half of the year. In the first half of the year, we had to invest 10 billion yuan in supermarkets.
Last time, Mr. Li sold Baidu shares and raised 700 million yuan.
On the supermarket side, the profit will be included in the next few months, and together it will only be about 2 billion.
Therefore, after comprehensive calculation, if you want to acquire Carrefour, the money will have to be taken out for another 8 billion yuan. "
With that in mind, Yuan Chengdao considered for a while: "Mr. Li, maybe we don't need such a generous effort to annex their business in East China. I think it should be almost the same.
In East China, their business overlap is the highest with us. For 40 stores, we only need half of it. "
Li Dong hadn't spoken yet, and didn't know what he was thinking.
Sun Tao said softly: "Mr. Li, the first in the supermarket chain industry, even if we can't compete this year, we can definitely do it next year.
What Mr. Yuan said actually makes sense. If 80 Carrefour stores are acquired, we are sure to hit No. 1 this year.
However, we are faced with sky-high M & A payments of around 8 billion.
If we do n’t hit No. 1 this year, our task will be a lot easier, and the acquisition of Carrefour ’s stores in East China should be about 2 billion yuan.
The difference of 6 billion above and below is only the first and second difference. "
Li Dong glanced at him and said lightly: "Sometimes the first and second, that is the difference between the world, you should understand this.
The focus of our attention now is whether Carrefour should be annexed.
If all are swallowed, we will hit the number one this year and have great grasp.
If we do n’t swallow it all, we are definitely hopeless first, right? "
"indeed so."
Sun Tao also does not deny this. Without eating all of Carrefour's business, it is almost impossible to reach 100 billion in supermarket sales.
Even the later expansion is the same, after all, expansion takes time.
Expansion will start in the second half of the year, and I am afraid that it will be next year if it is put into operation.
That's why Sun Tao said that next year won the first place in the distance, and he has a lot of control. This year, it depends on Li Dong's choice.
Is it facing huge financial pressure?
Still take a step back, let yourself be a little easier, and get a second to be satisfied.
Of course, in fact, he had a hunch in his heart, Li Dong would choose the first point.
He has always been like this, capable of the first will not do the second, especially when seeing hope.
Now I hope there is still some money. The key is still money. M & A of about 8 billion yuan cannot be obtained from afar.
Even the misappropriation on Weibo is the same, up to 1 billion, and the gap is very large.
Several people didn't speak again, nor did Li Dong.
He is now thinking about whether the money in the stock market should be taken out at this time?
The last time Xu Shengzhe withdrew, he did not withdraw.
He had been planning to keep the money until Lehman went bankrupt, but now, the opportunity is near.
After winning all of Carrefour's business, the concept of distant supermarkets winning the first place this year is very large. As long as Bailian does not acquire several other large supermarkets, distant places can make a little effort.
The point is, it came out, and all his plans were disrupted.
In the next half year or even a year, Li Dong can do nothing.
I can only watch the opportunity pass, but I have no money to invest.
But if this money is not taken out, what merger and acquisition Carrefour?
Even in installments, Carrefour will not be too long, and the money is still needed.
Of course, Li Dong actually has another option, joint venture.
Let Carrefour and Yuanfang make a joint venture, and both parties will own shares, just like China Resources and Tesco in the future. In this way, Li Dong does not have to pay for it, and Carrefour still has to invest.
As for Carrefour's willingness, it goes without saying that Li Dong guarantees that they will.
Once the two joint ventures were established, it would be the first Chinese retailer, Carrefour, which suffered heavy losses in various markets.
At this time, the olive branch was thrown from afar, and they were not willing to blame.
But the key is that Li Dong is not willing, he does not want to become a joint venture from afar, once the joint venture, his national brand slogan becomes a joke, a big joke!
If it is not a joint venture, it will cost money, a lot of money.
Li Dong felt a bit of a headache and took a long breath: "Forget it, today I said something happy, but now I am not very happy.
Don't talk about these first, as to whether it is to merge and purchase all Carrefour business, or the business in East China, or simply not to shoot, these will wait until Duran comes.
In a few days, I might have to go to Shanghai.
Dulan is here, I want to talk to him personally. "
Although Chen Lang is also in Shanghai, after all, Chen Lang is not the president of a distant place, nor the highest person in charge of the supermarket.
Dulan is the global president of Carrefour, the president of the world's top 500 companies, and the top-ranking giant.
At this time, to talk about M & A, Li Dong had to go by himself.
And when it comes to such large-scale mergers and acquisitions, whether to talk about it or not to talk about it also requires on-the-spot response, and Chen Lang ca n’t be the master.
Li Dong is going to Shanghai, and Yuan Chengdao and Sun Tao have no opinions.
However, Sun Tao still asked: "Mr. Li, will the financing of the mall and pp continue?"
"Release first, Wanjia.com and the mall have just merged, and they will be operating for a while to see the results.
In addition, the mobile terminal of pp has just been launched. At this time, financing cannot maximize the benefits.
When the results come out and the market environment is better, we will refinance. "
Li Dong said this, neither Yuan Chengdao nor Sun Tao refuted.
This is also a fact. The current market environment is indeed not too good.
The influence of the financial crisis has continued to spread abroad, and has gradually become more serious at home.
At this time, everyone felt a little ill.
Otherwise, the quotations of the previous institutions will not be so conservative ~ EbookFREE.me ~ Replaced with last year, the distance and the strength are there, maybe they will offer higher prices.
After talking about things, Li Dongsong loosened his bones and said, "I'll talk about this today. You are busy with you. I'll go back first."
Sun Tao and the two looked at the sky before they arrived at three in the afternoon.
But the boss is going, they are not stopping.
Compared with other hands-free shopkeepers, Li Dong can really say he is conscientious.
In the four years of starting a business, Li Dong did not have much time to return to the company in school in the first year. In the next three years, Li Dong was almost busy with the company.
It's only time to get off work early. At this time, things are dragged on, which means they have no glance.
...
It wasn't until Li Dong left that Yuan Chengdao exhaled: "General Sun, what kind of plan would you say President Li will choose?"
Sun Tao shook his head and didn't speak. Everyone knew something about it, and it was actually the same as saying or not.