Fang Zhe''s remarks on internationalization not only caused applause from the ordinary audience, but also president Arima sitting next to Fang Zhe and the two bosses of Baidu and Tencent on the stage. They also deeply agree with Fang Zhe''s remarks. They believe that Fang Zhe''s remarks are definitely targeted.


    Moderator: president Fang talked about luck and hard work. What''s more, domestic Internet enterprises develop their strengths and avoid their weaknesses, find the right direction to go to sea and make efforts. President Li and President Ma, what do you think?


    The host invited Baidu Li and Tencent Ma to make a statement. After all, they are the main guests sitting on the stage. The host can''t let go or be left out easily.


    Baidu president Li: "I agree with what president Fang said. It is true that our domestic Internet enterprises should find the right direction when they go to sea, but after all, there are some tricky suspects. Baidu''s core business is search. Even if they go to sea, we certainly hope to do more in the field of overseas search. I think other directions should be left to other domestic Internet enterprises or start-up companies, and I also like it I''m glad to see that more domestic Internet enterprises can go out. "


    After Mr. Li finished, Mr. Ma of Tencent said the same thing to him, which means that Tencent''s main business is social networking. If it goes to sea, it still considers making efforts in the social direction. However, Tencent will also consider other breakthrough directions. Generally speaking, it depends on the timing and opportunities.


    These words of the two leaders have somewhat saved the Internationalization Failure of their company and belittled the internationalization business of Huizhong. However, Fang zhe doesn''t care about it. Whether they stick to their core business or find other breakthroughs is their business. Fang Zhe and Huizhong can''t control it. He just talked about his experience of internationalization with Huizhong in the future Zhongzhong really became the first world-class multinational giant in China. Their remarks today will only be regarded by future generations as being conservative and short-sighted.


    After talking about the internationalization issue, at the audience''s question time, the audience are all industry insiders, so the questions raised are also very high-level. There are three questions in total. One is about the impact of Google''s withdrawal from China on Baidu. This question is directed at President Li of Baidu. President Li is not tired of this question these days, but he is not limited to occasions I have to answer the audience''s questions.


    President Li simply explained the difference between Baidu and Google, criticized that Google is far inferior to Baidu in localization, and finally said a summary: "I believe we still compete by ability and strength. Using more people means you do well, and using fewer people means you don''t do well. That''s my answer. Thank you!"


    Sitting on the stage, Fang zhe laughed at President Li''s helpless and impatient tone. I''m afraid someone will ask President Li this question face to face in the future. President Li has to scold him all his life.


    The second question is about e-commerce. The audience asked that there are hundreds of schools of thought competing in the e-commerce industry. In addition to Taobao, which is the most advanced, it includes Jingdong, mother and child e-commerce honey bud, pat supported by Tencent, Baidu and so on. The audience would like to ask you whether it is the best time to start a vertical e-commerce business now?


    God, when the audience finished asking this question, Fang zhe sitting in the front row and President Arima next to him turned around to see who he was. The question was so good. After seeing the appearance of the audience, Fang zhe felt familiar. It seemed that this was also a big man or famous figure in his previous life?


    Fang zhe turned to look at President Ma of Ali. President Ma also looked at him with a question in his eyes. Fang zhe understood that he was asking if he knew this person. Fang zhe subconsciously shook his head, and then suddenly remembered that this audience was not Chen Xiaoou, the founder of Jumei premium products I spoke for himself in the previous life.


    Chen Xiaoou and Jumei premium products of previous generations also enjoyed a good time in the past few years when vertical e-commerce and group buying websites rose. Jumei premium products were listed on the New York Stock Exchange in 14 years, with a valuation of up to $6 billion. They were one of the hottest Internet unicorns at that time.


    At that time, it can also be regarded as the most brilliant heyday of Jumei premium products. Since then, with the disappearance of demographic dividend and the pattern of e-commerce, Jumei premium products that did not find their core positioning soon declined.


    However, in just three or four years, the market value of Jumei premium products fell from about US $6 billion at its peak to more than US $200 million in 2018. The share price is only more than US $1 per share, and it is still falling. It can be said that Jumei premium products are walking on the edge of delisting.


    Fang zhe really didn''t expect that on such an occasion today, there was such an owl sitting in the audience. The word "Owl" is Fang Zhe''s impression and positioning to Chen Xiaoou.


    Jumei premium products can move towards success and brilliance. Its founder Chen Xiaoou has made great contributions, whether it is "I speak for myself" There are still some achievements in the low-cost and high return marketing of Jumei products and the positioning and operation mode of Jumei products in the early stage. However, the success is also small and the failure is small. Jumei products are going to decline. Chen Ou also has an unshirkable responsibility.


    Fang zhe was thinking about Chen Xiaoou and Jumei products. The host on the stage looked at President Ma beside Fang Zhe and said:


    "Mr. Ma, please answer the audience''s questions. You should have the most say when we talk about e-commerce!"


    President Ma picked up the microphone between him and Fang Zhe. The camera on the big screen on the stage also cut into him. He opened his mouth and replied:


    "I think today''s audience really surprised me. The question he asked is very good. When I say so, you may already understand that I agree with him.


    Although this may be looking for competitors on Taobao and making trouble for ourselves, it should be said that now is the best time for vertical e-commerce entrepreneurship. As long as entrepreneurs have the patience to do well in a certain field, there should still be a great opportunity.


    Of course, we Taobao also have enough confidence to deal with these challenges. Only with the existence of competitors can we do better and not slack off! "


    President Ma''s atmosphere and mind won warm applause from the audience. At this time, the host on the stage noticed that Fang zhe beside President Ma seemed to be thinking about things. He guessed that Fang zhe might also have something to say, so he also asked:


    "I think Fang always seems thoughtful. I don''t know what you think of the audience''s problem?"


    Fang zhe didn''t expect that the host should bring the topic to himself again. It seems that he seems to have a special preference for himself. Of course, Fang zhe knows that this is because he answered several questions before, which seems to have compared the two on the stage.