The unparalleled talent of the country started from Harbin Institute of Technology

January 25, 1991, afternoon.

The former Ersha Island in Tianhe District, Guangzhou, is now Wang Duoyu's home.

Inside the study, Yuan Youlan and the others all looked at Wang Duoyu, who was deep in thought.

After a long while, Wang Duoyu suddenly spoke:

"Secretary Yuan, if—and I mean hypothetically—a large building is needed at the starting point of the central axis near Guangzhou East Railway Station, what do you think about having our Want Want Group build it?"

what?
No one expected that Wang Duoyu would set his sights on the starting point of the central axis of the original timeline: CITIC Plaza!
As the starting point of Guangzhou's new urban central axis, CITIC Plaza was the tallest building in China and the tallest building in South China when it was completed in 1997.

CITIC Plaza consists of an 80-story main building and two 38-story auxiliary buildings.

Before the rise of Zhujiang New Town, CITIC Plaza was definitely one of the most cutting-edge financial centers in China.

In the original timeline, the Zhujiang New Town CBD on Guangzhou's new urban axis was a leading financial center in China, boasting the highest output value nationwide.

Seeing Yuan Youlan and the others in a daze, Wang Duoyu continued with a smile:

"In addition, our Want Want Group will also build two more office buildings in this business district."

"Secretary Yuan, you have always hoped that Want Want Group would invest in more industries in Guangzhou. Now I have made my request. I wonder if Secretary Yuan agrees?"

In Yuan Youlan's plan, there would certainly be more skyscrapers along the central axis of Guangzhou's new city center.

At this point in time, in the 1990s.

Everyone is blindly expanding, using the tallest building as one of the standards for urban development.

Actually, it didn't start in the 1990s.

The idea of ​​the tallest building has been ingrained in the genes of all of us since before the founding of the People's Republic of China.

More than a hundred years ago, when Li Hongzhang went to New York, he was deeply impressed by the skyscrapers of Manhattan.

After returning to China, he was determined to develop the domestic economy and build more high-rise buildings.

However, Li Hongzhang was not the one who could turn the tide.

Now, in the twelfth year of reform and opening up, Guangzhou needs a tallest building as a city landmark to develop.

If Wang Duoyu hadn't traveled through time, or hadn't heard about this, he probably wouldn't have let it go.

But since Yuan Youlan and the others have come to him of their own accord, he'll definitely get involved.

In the original timeline, CITIC Plaza was only thriving for about ten years.

After entering 2010, the East and West Towers in Zhujiang New Town became extremely popular, and at that time, the city center began to shift.

Undeniably, CITIC Plaza is still quite nice, but it's no longer in the city center.

Therefore, Wang Duoyu's involvement at this time may not necessarily yield any profit.

However, for him, making money was not the main goal.

The most important question is whether Want Want Group can maintain its existing foundation.

Throughout the 1980s, several companies under Harbin Institute of Technology were synonymous with high technology.

Want Want Group is merely a leader in the manufacturing industry, doing the hardest work for the least profit.

Unfortunately, financial companies like Maple Leaf Holdings can only hide behind the scenes.

Therefore, after entering the 1990s, Wang Duoyu was bound to launch a new 'revolution'.

As for how to proceed in the future, we'll take it slow and there's no rush.

"Really?"

Yuan Youlan stared wide-eyed, her pupils dilating in shock, dumbfounded as she looked at Wang Duoyu.

Only after the latter smiled and nodded did he hurriedly say:
"Professor Wang, thank you so much! I knew it, I knew it!"

He was so excited!

It was as if they had found a kindred spirit.

It's important to understand that they've been under immense pressure regarding discussions about Guangzhou's new urban central axis.

There is no doubt that Guangzhou needs to develop.

However, the old city of Guangzhou only consists of three districts: Liwan, Yuexiu, and Haizhu.

Joint ventures and heavy industrial enterprises such as Toyota and Nissan are located in Baiyun and other areas.

Even several companies under the Want Want Group are located in Tianhe District, a suburban area.

The area now encompassing the Sports Square, Xian Village, and Ke Village is a rural area.

If it weren't for companies like Facebook, Walsin Technology, and Mototo Toys establishing factories here, this production line would be even more desolate.

Even so, it was extremely difficult for Yuan Youlan and his team to build a new urban central axis here.

Without the support of other influential figures, it's unlikely that others would agree.

Now, Wang Duoyu has personally stated that he wants Want Want Group to win the construction rights for CITIC Plaza, and that two skyscrapers will also be built near this central axis.

This is the greatest support for Yuan Youlan and his team's proposal for the new urban central axis of Guangzhou.

It's fair to say that with Wang Duoyu's support, most obstacles can be cleared away.

"Secretary Yuan, I know you're very excited and anxious, but I suggest you hold your breath."

Wang Duoyu said:

"First, your plan needs approval from higher authorities, and then it needs approval from the capital."

"Otherwise, anything I say now would be meaningless."

Upon hearing this, Yuan Youlan nodded emphatically:

"No problem, Professor Wang. We will come up with a complete plan as soon as possible, and we would appreciate your feedback then."

"Okay, I'll try my best!" Wang Duoyu nodded with a smile.

If he remembers correctly, then this new urban central axis of Guangzhou seems to have many intricacies in terms of feng shui.

However, although he doesn't understand feng shui, he will try his best to develop and build according to the original timeline and layout.

Given his current status and position, he is perfectly capable of offering his own 'unique insights' on that plan.

In addition, with the Want Want Group now involved, we still need to pay attention to the so-called 'feng shui' here.

The local environment shapes the people!

This is a principle passed down from our ancestors.

Although Wang Duoyu is a time traveler and doesn't believe in ghosts and gods, he still holds them in awe.

There are gods watching over us!

There may indeed be some very skilled feng shui masters in Guangzhou. Now that Wang Duoyu has appeared, he may change other people's feng shui and destiny, and steal away their wealth.

To be honest, the Want Want Group has plundered so much wealth from overseas over the years, and has taken away the fortunes of countless people.

Logically speaking, Wang Duoyu shouldn't have any reason to be afraid of the so-called feng shui in Guangzhou.

However, he respected all of this and firmly believed in the saying: "One should not have the heart to harm others, but one should not be without the heart to guard against others!"
It's better to be the King of Hell than to deal with his underlings!
Yuan Youlan and the others left, overjoyed, and went to report to their superiors. Perhaps in a while they would come to talk to Wang Duoyu about the construction plans for the three buildings.

Around 6 p.m., Zheng Baoyin, Li Efra, O'Brien, Fuller Carson, and others all appeared at a fish stall on the banks of the Pearl River next to Liede Village.

This place has been booked out by the Want Want Group today.

In fact, this food stall was opened by the brother-in-law of the factory manager of the Motong Toys factory.

The factory manager's brother-in-law used to be the head chef at the White Swan Hotel.

Since the establishment of the Magic Child Toy Factory, this so-called brother-in-law quickly discovered the business opportunity.

So he found his brother-in-law, the factory manager, and opened this food stall on the banks of the Pearl River.

To be honest, business is really good.

It's not just workers from nearby businesses like the Motong Toy Factory who come here to eat; even villagers from nearby villages like Liede, Xian, and Tan also come to this food stall.

Even the young ladies from Xiguan and the young masters from Dongshan in the city center come here to eat.

This food stall is very popular and quite large.

It was precisely because this restaurant was so popular that Wang Duoyu had the welcome dinner held here tonight.

Sometimes you need to go to upscale places, but in Guangzhou, it's better to stay down-to-earth.

Even people like Lee Efra, Allen Costa, and O'Brien, who always wear suits, are here eating in ordinary sportswear.

To be honest, after not wearing a suit, his whole demeanor and image did become much more approachable, like the friendly older brother or uncle next door.

Wang Jun'an and his friends, who were just kids, knew these executives, but now they were a little hesitant to acknowledge them.

There's nothing we can do; the image of Lee Efra and his ilk in suits has already become ingrained in their minds.

Today is the 25th, and Zheng Baoyin and other senior executives have all returned from abroad.

So everyone got together, had a meal, and chatted briefly.

Tomorrow, the 26th, is the official year-end summary meeting.

During the meal, Wang Duoyu suddenly looked at Zheng Baoyin and the others and said:
"What do you think would happen if we started holding an annual party performance next year?"

Upon hearing this, Zheng Baoyin, Li Efra, Fuller Carson, Dylan Dario, Wei Ruola, and others looked surprised for a moment. Wang Jianchao then asked:
"Uncle Jiu, this kind of performance doesn't seem to be very effective, does it?"

In the 1980s, some companies, both domestic and foreign, did indeed hold such annual party performances.

Basically, it's about gathering most of the employees together, having a meal and drinks, drawing prizes, interacting, and catching up on each other's feelings.

Such activities are more common in foreign-invested enterprises in the southeastern coastal areas, but other enterprises, at most, organize activities such as watching movies or hiking.

"I think it's possible."

"However, with so many of our companies scattered across different countries and regions, it might not be so easy to manage."

Is this kind of annual meeting just for one company, or for all companies?

Everyone started chatting animatedly, while Wang Duoyu just listened without saying anything more.

After a long while, he finally spoke:
"It really depends on you guys. For example, Huaxin Technology, you've made a lot of money, right? You can invite those A-list celebrities to participate in the event and have them perform for our employees. It'll give them a chance to see their idols, saving them the trouble of paying to go to concerts themselves."

"You have to spend the money you earn, but you should spend it wisely. Events like the annual meeting are very helpful for team cohesion. Also, many companies care about their employees, and the annual meeting is one way to do that."

"For many employees, activities like hiking aren't considered activities; they're considered oppressive."

"In addition, we could organize an overseas trip. We could select a few outstanding and hardworking employees from each department to participate in such an activity."

Hearing Wang Duoyu's words, everyone nodded in agreement.

But while looking down, he was thinking about something: Why did the professor suddenly bring this up?

It should be noted that Wang Duoyu usually doesn't care about this matter.

But I never expected that this matter would be brought up at today's welcome dinner.

I'm afraid there's some other hidden meaning.

Everyone took the annual meeting very seriously, but since it was lunchtime, Wang Duoyu only chatted for a few minutes before changing the subject.

Nevertheless, Zheng Baoyin and his team remembered this incident and knew they would definitely make a serious effort to address it later.

It's a good thing that the big boss is giving out benefits to his employees.

The next day, January 26th, at 9:30 AM.

Inside a high-end conference room at the Motong Toy Factory, Wang Duoyu and others gathered to begin today's year-end summary meeting.

This year's conference is different from previous years.

This time, with the help of PowerPoint, various data are modeled and transformed into diagrams, making things clearer and easier for everyone to understand.

Unlike before, which consisted of dry data and text that seemed quite boring.

Furthermore, this year's summary meeting will be divided into two sessions, morning and afternoon, because there are more and more companies, and it is impossible to complete it in half a day, so it must be separated.

Standing in front of the white wall was Qu Haiping, who was the first to come up on stage to report on his work this year.

In 1990, Xibeier Women's Wear's total overseas revenue, excluding the domestic market, was US$590 million, while its domestic market revenue also exceeded RMB100 million, reaching RMB130 million.

Inside the meeting room, thunderous applause erupted.

As can be seen from the women's clothing brand, the global economy in 1990 was developing in a positive direction.

However, starting this year, revenue in Japan will gradually decline.

After the bubble economy burst in the early 1990s, the Nikkei index began to decline.

In February 1990, the Nikkei index was at a high of 38950. Now it has fallen to 22500, and it is not far from 22000 points.

It's almost fair to say that it's time to reap the rewards, but Wang Duoyu had previously told his executives to hold back for now.

In addition to reporting these situations, Qu Haiping also briefly reported on the profits of the financial department under Xibeier Women's Wear over the past year.

Companies including Yuma Apparel, Sybel Women's Wear, Pandora, Muscle Shark, and Magic Child Toy Factory have also established financial departments.

Basically, it can be said that these companies will all develop in the direction of becoming conglomerates and diversified in the future.

The establishment of the financial sector in mid-1990 was also to pave the way for the future.

The most essential element for a company's development is: funding!

With sufficient funding, the loss of talent will be greatly reduced.

The ultimate goal of a company is, of course, to make a profit. After all, these companies are not charities; if they don't make a profit, what's the point of having them?

Of course, companies like Yuma Apparel are manufacturing companies, and their products are their core competitiveness. The establishment of the financial department is more for purposes such as raising funds and obtaining better financing.

As a result, the financial division of Hibel Women’s Wear had a total profit of $46 million.

It may not seem like much, but it's actually quite terrifying.

Following closely behind was the Brabus watch factory, which was overseen by Xue Lisheng.

This domestic watch company had been rushing towards the luxury goods market for several years, but it seems that it has not yet successfully transformed and is still in an awkward position of being neither here nor there.

But it's okay, Wang Duoyu will definitely give it a push from behind, and won't let it stay in this awkward situation forever.

"Yes, brother-in-law, all the $34 million in profits from the finance department of your Brabus watch factory will remain internally and will not need to be handed over. You will need to fully promote a new luxury watch brand: Denon watches!"

After Xue Lisheng finished his report, Wang Duoyu suddenly spoke up:

"Also, your revenue last year was only 126 million RMB, which is indeed much less. Therefore, starting this year, you should focus on developing overseas markets, especially the European and American markets."

Brands like Tianlong Watches, just from their names, you can tell they are watches with very strong Chinese elements.

I doubt that a brand like this would be very popular in Europe and America.

But no one seemed inclined to question it.

Because they all knew that Wang Duoyu wouldn't speak without reason.

To promote such a luxury item, not only must its appearance be perfect, but it also needs to have substance, which is commonly known as storytelling.

Without a compelling story, how could female consumers possibly ask their men to buy their products?

If women go crazy for it, then this product will be a success.

Today, Want Want Group controls three Hollywood film studios—Paramount, Marvel, and MGM—and also owns Comcast Group, so marketing a Tianlong watch like this should be relatively simple.

"Ok, I see."

Xue Lisheng nodded heavily in response.

Since he took over the Brabus watch factory, he has always played the role of the head steward. It's good enough that he keeps the company running; as for innovation and development, that's naturally left to Wang Jianchao.

It's almost fair to say that Brabus is the contract manufacturer for Pandora, the luxury goods giant.

However, judging from Wang Duoyu's off-screen voice just now, it seems that Brabus Watch Factory is about to rise to prominence.

After the applause ended, it was Liang Shengzhi's turn to speak about his Muscle Shark sports brand.

Compared to the Leapfrog brand, Muscle Shark is indeed far behind.

It's not that Wang Duoyu is suppressing the company's development, but rather that its vertical market is just that big, and it's impossible to expand it in a short period of time.

As time goes by and people's living standards improve, it will be possible for this company's revenue to increase.

Therefore, it is indeed difficult for companies that aim for a relatively high-end market to achieve so-called "democratization," and it is normal for their revenue figures to be less than ideal.

Total revenue was $117 million, a modest increase compared to $108 million last year.

Conversely, the financial sector achieved a profit of $57 million, which was quite surprising.

O'Brien, Allen Costa, Reinhard Monroe, and others applauded, and even Wang Duoyu was somewhat surprised.

It would be great if the financial sector could make more profits.

"Next up is Mr. Wen Shixuan, the head of our Red Star Group."

As the host spoke, Wen Shixuan stepped forward and began his work report: "Respected Professor Wang, dear colleagues, good morning. Today, I represent the Hongxing Group..."

The focus of Hongxing Group's development is not on revenue and profit, but rather on technology, especially research and development in new materials. This is what Wang Duoyu is most concerned about.

However, Red Star Group's revenue in the past year was also quite good, achieving a net profit of 150-160 million RMB.

This earned enthusiastic applause from everyone.

After all, Wen Shixuan's only concern is profit.

In the past year, Hongxing Group achieved a new breakthrough in patent technology, reaching 88 patents, significantly more than the 56 patents achieved last year.

However, Wang Duoyu was somewhat dissatisfied.

The quantity has increased, but the quality is not as good as last year.

Moreover, throughout 1990, Red Star Group acquired a considerable amount of resources and funds, especially from the Magic Research Institute, which had many collaborative projects with Red Star Group.

As a result, this is it?
It should be noted that back in January 1990, Wang Duoyu had said that he would invest 1 billion RMB in the Red Star Group every year, all of which would be used for scientific research.

In addition, there are the profits of the Red Star Group itself.

In other words, the resources that Red Star Group has acquired are enormous.

Currently, there are only 88 patented technologies, which is indeed a bit few.

Therefore, after Wen Shixuan finished his report, Wang Duoyu said:
"Old Wen, your Red Star Group really needs to pay attention to the quality of your patents. We invest so much in you every year, and there are also various domestic and international resources allocated to you. You can't just do a shoddy job."

Wen Shixuan was immediately ashamed and quickly said that he would definitely do a good job in this area this year.

If anyone else had been in Wang Duoyu's seat, Wen Shixuan would have been able to completely fool them.

But who is Wang Duoyu?

He's currently the leading figure in the Chinese scientific community; who would dare to fool him?
This is like showing off your skills in front of Guan Yu; you're just asking for trouble.

"Okay, I understand. We'll wait and see."

Wang Duoyu remained calm and continued:
Who's next?

The other executives kept their eyes down, secretly thinking to themselves, "It seems Wen Shixuan has it tough too."

Upon hearing this, Qiao Hanliang quickly raised his hand. Before the host could say anything, Qiao Hanliang had already reached out to the other person.

The development of the Magic Toy Factory throughout 1990 was indeed very impressive.

Thanks to the continued success of Transformers toys, and the fact that Paramount and MGM were acquired by Want Want Group two years ago.

Several film projects were launched, which led to a new breakthrough in the revenue of the Magic Child Toy Factory.

The total global revenue was US$1.49 billion, while the total revenue in the domestic market was RMB667 million.

Compared to last year, there has been a significant improvement.

In addition, the financial sector's profits reached a staggering $64 million, which is indeed impressive.

clap clap clap!
Everyone applauded. The two meeting recorders sitting in the corner were actually senior executives, one of whom was Martinez.

Although it was his first time sitting here, he could feel the power of the Want Want Group.

Apart from a few companies like Brabus Watch Factory, Martinez had heard of most of the other foreign companies.

However, what he didn't know was that what he heard next was what truly shocked him the most.

"Dear Professor Wang, colleagues, good morning. On behalf of Quantum Technology, I would like to report on our company's achievements over the past year."

Standing in the speaker's seat now is Reinhard Monroe, who represents a wider range of companies.

First, the profits of the financial company Quantum Technology itself increased significantly from $320 million last year to $760 million.

Because of the oil crisis in 1990, the profit increase was quite astonishing.

Upon hearing this, Martinez stared wide-eyed in disbelief.

Fake!

That's net profit, not total revenue?
Whether it's the text on the PPT or what Reinhard Monroe said, it all boils down to the word "net profit."

Martinez, of course, wouldn't mishear such clear and articulate Chinese.

Before Martinez could react, Reinhard Monroe had already pressed the remote control for the page turner, and the PPT automatically turned to the next page.

"Daiham-Benz, a subsidiary of Quantum Technologies, has annual revenue of $9.89 billion, not far from the $10 billion revenue mark."

hiss! ! !
Upon seeing this, Martinez was so shocked that he didn't know what to say.

My inner world is turbulent, like a raging storm.

It turns out that Daimler-Benz was acquired by Quantum Technology, which is essentially the same as the Want Want Group.

No wonder this company went to Harbin and established a joint venture with the local car manufacturers.

Previously, Martinez thought that China's labor costs were low, after all, foreign brands such as Toyota, Volkswagen, and Ford had entered China.

Given so much competitive pressure, and the fact that China is a market with enormous wealth, there's no reason to turn a blind eye and a deaf ear, right?

Unexpectedly, Daimler-Benz has already been acquired by the Want Want Group.

Awesome!
clap clap clap!
At that moment, Martinez immediately clapped his hands and looked ahead with great excitement.

Back when he was in Moscow, he was involved in the Ilyushin Il-7 passenger plane deal with Andrei Mogolov.

At that time, he was indeed tempted, after all, he had two or three hundred million US dollars in gold and other funds.

Fortunately, he didn't take any action back then, otherwise, how could he still be sitting here today?
He couldn't help but feel glad that it was just an idea at first, and he quickly put it out of his mind.

In retrospect, he definitely made the right choice in following the right person.

Working with Want Want Group will definitely lead to a better future.

After the applause ended, it was time for Yabo Fein, the head of Shuncai Fund, to speak.

This company has been based in the British market for many years, but it also profited handsomely during last year's oil crisis.

"Our total annual profit reached $450 million, an increase compared to the previous year."

Upon hearing this, Martinez was at a loss for words.

Good heavens, yet another financial company with profits of $450 million.

Is Want Want Group a wholesale company?

Financial firms that can achieve this level of profitability are rare even on Wall Street.

So terrifying.

"Our subsidiary, BMW, achieved annual revenue of $5.36 billion and profits exceeding $960 million."

Martinez was speechless after hearing what Bofan said.

He even suspected that Audi had been acquired by the Want Want Group.

terrible!

This conglomerate controls countless industries worldwide.

Most importantly, Want Want Group owns many financial companies, and their profits are quite impressive.

clap clap clap!
The crowd erupted in applause, all looking at Yabo Fein with great surprise.

After the latter came down, everyone turned their attention to Wang Duoyu.

This year, Want Want Group's overall profits are on an upward trend, and the increase is quite significant.

An oil crisis has made Want Want Group's coffers even fuller once again.

So everyone is very happy to work with a boss like Wang Duoyu, because such a big boss will definitely not let them not make money.

Is this why people like Lee Efra are so devoted to staying with Want Want Group?
"Dear Professor Wang, colleagues, I apologize, my Mandarin is not very standard."

Next up was Zhou Qirui, head of Fidelity Capital. He's a native of Hong Kong, so his Mandarin is indeed quite poor.

Wang Duoyu, Zheng Baoyin, Wang Jianchao, Wei Ruolai, Wen Shixuan, and others remained silent, and showed no intention of mocking the other party.

In other situations, people might joke around, but in a setting like today, no one would speak casually.

Otherwise, this wouldn't be a joke, but rather an exposure of one's own shortcomings.

After all, making jokes about others in such a serious setting is disrespectful. Even if Wang Duoyu were sitting in the main seat, executives like Zheng Baoyin might have dealt with the other person.

Fidelity Capital's business is actually grain futures, but last year's oil crisis also brought Fidelity Capital a lot of profits.

War means instability, which can cause fluctuations in oil prices, food prices, and other commodities.

"Our global annual profit is $8.2 billion. Our subsidiary, Audi, has a global annual revenue of $4.95 billion and a profit of $780 million."

Upon hearing this, Martinez felt much calmer.

The three German luxury car giants—Mercedes-Benz, Audi, and BMW—have all been acquired by the Want Want Group.

Perhaps only companies like this can grow big and strong?
Regardless, he is now a beneficiary of the system, and he estimates that it won't be long before he becomes one of them.

Therefore, he felt much calmer at this moment.

clap clap clap!
The applause was thunderous and lasted for a long time.

Fidelity Capital, Shuncai Fund, and Quantum Technology have already finished their presentations; now it's Wei Ruo's turn.

He is in charge of the Leap brand, which was ranked number one in the global sports brand rankings two years ago.

In terms of both revenue and profit, it surpasses other brands such as Adidas.

In 1990, Leapmotor's global annual revenue reached US$2.65 billion, and its profit reached US$1.18 billion.

If you compare them carefully, the annual revenue of other sports brands such as Adidas, Nike, and Reebok is only around one billion US dollars.

But now the Leapmotor brand has suddenly reached a height of $2.65 billion.

It's clear that there's great potential for sports brands.

Even though the Yuebu brand has signed cooperation agreements with global superstars such as Jordan and Ronaldo, it still needs to pay a considerable amount of endorsement fees every year.

However, the profits from Leapfrog are also considerable.

Moreover, revenue has already reached $2.65 billion, and this revenue figure may continue to rise next year.

clap clap clap!
Martinez's eyes widened in disbelief, because the revenue of the Leapmotor brand was indeed astonishing.

"It's impossible that Want Want Group also acquired Adidas or Reebok, right?"

Fortunately, his guess did not come true.

Otherwise, he would be incredibly excited.

The year-end summary meeting has been going on for a while now, and he already knows that Want Want Group is involved in many industries such as automobiles, finance, sports brands, steel, clothing, watches, and toys.

Most importantly, the companies under the Want Want Group have basically reached the top level in their respective industries.

For example, Leap is the champion in the global sports brand industry!

"Dear Professor Wang, and my dear colleagues, it is a pleasure to communicate with you face-to-face. Today, I am here on behalf of Facebook to give you a report."

Next up was Tong Zhigang, and Martinez immediately became much more serious when he spoke.

The other executives were also very curious, after all, Facebook was one of the key companies that Wang Duoyu paid close attention to.

The order of work reports at the year-end summary meeting also shows that the later reports are more important.

Facebook's daily traffic exceeded eight million visits in 1990. After the Gulf War broke out in the Middle East last August, Facebook became a direct competitor of major media outlets around the world in January.

Why is it that Facebook always manages to get so many exclusive news stories?
Bolton Frank, this top journalist, is already a very popular 'star' in the industry.

This guy is still alive, he's really lucky.

After all, companies like the BBC, FOX, and Columbia Pictures, as well as media outlets like The Wall Street Journal, The Washington Post, and The Times, would love to strangle Bolton Frank.

However, this guy has been fighting on the front lines of the war, so killing him is indeed quite difficult.

"In addition, Facebook generated $480 million in revenue last year, including advertising revenue, among other things."

clap clap clap!
Everyone applauded as Tong Zhigang spoke.

Facebook's revenue is not large, but such a large platform is already showing signs of becoming an oligopoly and a giant.

They've even started competing with traditional media for business.

After the applause ended, it was finally time for Wang Lichuan, the head of Amazon, to speak.

To this day, Wang Duoyu has only spoken a handful of times.

However, seeing that he was smiling and clapping, everyone felt somewhat reassured and did not feel afraid.

Martinez, however, found it rather strange.

Why are Lee Evra, O'Brien, Allen Costa, Fuller Carson, Dylan Dario, and others not saying a word?

After all, it's already the turn of internet companies; shouldn't financial companies be ranked even further back?

He didn't understand, but he listened attentively and took notes.

"Our Amazon shopping platform launched last March."

Wang Lichuan reported somewhat uncertainly.

Compared to Facebook, Amazon is a small company.

No traffic, no revenue.

While Amazon's cybersecurity suite boasts 56 million installations, which seems impressive, it's actually quite average.

While Amazon's shopping platform did generate a significant amount of transaction volume after its launch, it only reached $30 million for the entire year.

This trading volume is practically negligible.

That's why Wang Lichuan lacked confidence.

The current payment method on this shopping platform is credit card, which is quite good in Europe and America.

However, online shopping is a very new method, and there is no trust involved.

Besides, offline shopping is the mainstream for most people in Europe and America.

Online shopping isn't even a niche market.

"The losses amounted to a staggering $2.6 billion."

At this point, Wang Lichuan's voice became even lower and quieter.

Upon hearing this, Wang Duoyu took the initiative to applaud.

The other executives naturally joined in the applause, and quite loudly at that.

Anyone who didn't know better would think Amazon makes a lot of money.

This scene deeply moved Wang Lichuan, but at the same time, it made him feel even more guilty, as if he hadn't done a good job.

"Amazon's online shopping platform is still in its early stages, and people aren't really enthusiastic about this new lifestyle of online shopping, so we need to do more promotional activities."

After the applause subsided, Wang Duoyu spoke:

"We could communicate with companies like Paramount and MGM to see if we can launch some new technologies that will change the future and spread these new lifestyle experiences."

"Besides film and television productions, advertising and promotion also need to keep pace. Furthermore, we need to establish better partnerships with companies like Comcast to promote internet deployment and improve internet speeds."

Wang Duoyu naturally knew that these were all long-term projects, so they needed to be promoted in all aspects.

Everyone applauded again, and many executives seemed to be deep in thought.

After all, according to Wang Duoyu's plan, this new lifestyle of online shopping platforms may really be the future.

Technology changes lives; this is no exaggeration.

"Domestically, we'll also start pushing this out this year," Wang Duoyu continued.

Although the situation in China is completely different from that abroad, the number of computers and internet users are vastly different.

But it all depends on man.

In Wang Duoyu's view, promoting online shopping platforms in China now is tantamount to courting death.

But it also propelled companies like Facebook, portals, and online games.

These factors can all greatly contribute to the increase in the number of internet users.

Of course, Wang Duoyu hasn't used his ultimate weapon yet; otherwise, the growth rate of the number of Chinese netizens would have increased several times over.

Next up was Zheng Baoyin, the person in charge of Yuma Clothing.

Upon hearing this, Martinez immediately sat up straight, pricked up his ears, and listened attentively.

As soon as Zheng Baoyin opened his mouth, he was utterly astonished. (End of Chapter)