Huang Zhi Ming: The Cross-Border E-Commerce War Has Just Begun

Whether suning.com and Suning supermarket, or big fat hair and flying cattle net, can complement each other online and offline.

Logistics distribution is also very knowledgeable. If I am going to be a logistics distribution company now, it is impracticable, because any industry has an economic scale, that is, a person will probably deliver several items a day, and it will reach a balance point. In the past, a person was matched by 50 pieces a day, basically on balance. If my order is just starting to go to a place where the density is not enough, you will lose substantially.

In fact, the mainland's third party distribution is doing pretty well. We have several electricity supplier predecessors trained a lot of landing distribution, so we will take this free ride, but if the density is high, we will do our own distribution, like the Shanghai region is basically our own distribution, if the density is enough, we can do it ourselves, or we can entrust the third party.

Only by combining the O2O of the entity store, the original entity shop was frustrated by the electricity supplier. Now we have found the value of the store again. In the next hour's life circle, the future life circle can't be done by the physical store. Pure electric business can't be done. There is no way to do it without O2O.

Of course, No. 1 shop was not idle, as early as October 2013.

With the 6 countries in Australia, the United States and South Korea, the "tongue of the United Nations" has been established, and through the establishment of strategic cooperation with governments and agencies in China, cross-border electricity providers and direct mining have begun to develop.

In December 5th of that year, shop No. 1 joined hands with the Consulate General of Australia in Australia to launch the first "1 shop Australia product Festival". In May 2015, the 1 shop launched the food festival of the Oceania Pavilion.

about

Huang Mingduan.

There was no time to take care of it. However, in May 4, 2015, the parent company Gao Xin retailer announced that it had acquired 54.5% of the stake in Futian network, a high-end e-commerce site, according to Huang Mingduan.

Do you know Putian net? If you know it means that its popularity is good, it basically aims at foreign customers, so there are five languages. At the beginning, I think its market is too small. I also need to spend time to get five people. I want to speak English and Korean. Let me see. Let's forget it. We will not do this market.

But it still has demand, high-end customers, so we decided later to buy some shares simply, and its price is quite reasonable, and its popularity is also acceptable, so we bought it at that time.