"How about this, Paris, in this luxury e-commerce, we can give up some of the interests of the European and American markets and seek more shares in the Asian market."
Since Paris mentioned this matter, William Chen just gave her an idea.
"The Asian market, especially the Chinese market, has a significant increase in the share of the luxury goods industry. I'm afraid she will not agree so easily."
"This is simple, it depends on how to talk about it. At a minimum, we want more market share in China. You must know that in the field of e-commerce, the Asian market, especially China, Japan and South Korea, is the same as the European and American markets. It is different, in Europe and the United States, where there are unimpeded channels, we need to cooperate with local companies, and in this regard, we have an advantage.”
What William Chen said is that the Chinese market, many American companies, are unimpeded all over the world, but when encountering countries such as China, Japan, and South Korea with different cultures, and the economy is relatively better , many times it doesn't work.
Then they can rely on better relations with local companies to promote. In this regard, compared to Delphine and even Rick Walton, William Chen has an advantage.
In China, he was originally the major shareholder of Ali and Jingdong. This kind of genuine e-commerce only deals in luxury goods. William Chen can cooperate with them. In Japan, he also cooperates with Sun Zhengyi of Softbank Group. .
South Korea is the market that William Chen will focus on next, and corresponding arrangements will also be made.
"William, you are so optimistic about the Huaguo market, do you think our HC fashion group will also develop there?"
Paris was able to take the initiative to bring this up, and William Chen was quite satisfied, he said with a smile:
"Now that every major city in the United States has HC Fashion Group's brand stores, it is certain that we will continue to expand overseas. I bought the Tiffany Building in Japan before, it was a good attempt, but said Going to Huaguo, the development there is very fast, even the luxury market has become more and more important in the world, as for those brands under your banner, the main mid-end market, is even more rapid development.”
Seeing what Paris was thinking about, William Chen patted her hand and said:
"Next time you go to Huaguo, you can come with me. I will introduce you to several giants in commercial real estate. By then, they will spread all HC brand stores in their projects, so it will almost radiate to the entire Huaguo. an area of economic value.”
Just like fashion products, after the development of the American side has reached its limit, if you want to develop overseas, one option is to go to Europe, and the other option is to go to Asia.
However, among these two options, William Chen is more optimistic about going to Asia for development. Why? Because the fashion industry in Europe will only be more developed than that in the United States. If you look at the branches of luxury brands in the world, European brands are probably the most. If you go to Europe, people there may not see it. on your brand.
Even though Europe is currently the small follower of the United States, in terms of fashion, whether it is France or Italy, I think America has its own pride.
Asia is different. Because of the differences in economic development, the recognition of European and American brands in Asia is still very high. If a brand is full of brand stores in the United States, like HC fashion company, it is easy to be promoted as a European and American famous brand there, and it is easier to be accepted.
...
"Extreme Game" has completed the post-production and began to be broadcast on Netflix. The main actors of this series were all well-known actors from Asia, and they aimed at the Asian market. It was specially launched by Netflix to enter Asia. I hope to use this film to increase its share in Japan, South Korea and Southeast Asia.
Surprisingly, "Extreme Game" has not only received widespread attention in Asia, but even this drama has a very high global on-demand rate because it provides subtitles in more than 30 languages. Become Netflix's most popular show of the year.
Interestingly, Meta Group’s offer to privatize Netflix at a share price of $30 has not been completed, and other investors in Netflix, including holders of secondary market stocks, have hardly paid this price. Price to sell the stock to Meta Group.
This also means that Meta Group's privatization of Netflix failed. However, this is an irrelevant matter for the Meta Group. After all, the group already holds more than 95% of the shares of Netflix, and there is no need to withdraw all the shares to keep Netflix in the US stock market. also in the initial consideration.
Of course, the reason for this, apart from Netflix's acquisition of 20th Century MGM Pictures, is that its stock has risen by $27. Most investors believe that there is no suspense at all when the stock price exceeds $30. Therefore, there is no rush to sell the stock at $30, and it is also related to the series "Extreme Games".
Because the show was so successful, Netflix's stock rose again, and the stock price is now over $32, because investors have determined that Netflix's homemade series has been successful, and now owns 20th Century With such a stronger production company as MGM Pictures, Netflix's future development will no longer be hindered.
Although Netflix still needs to face the FTC's anti-monopoly investigation on their acquisition, judging from the results of the two inquiry meetings that have been held so far, the public generally holds that Netflix can pass the anti-monopoly investigation. Optimistic, and even many people assert that if Netflix's acquisition of 20th Century MGM Pictures passes the FTC's antitrust investigation, then Netflix's stock will definitely rise a lot.
At present, the total number of Netflix shares held by Meta Group is about 833.45 million shares. Based on the current stock price of 32 US dollars, the market value of this part of the stock has reached 26.67 billion US dollars. Mei's investment has almost doubled. If you add other assets of the Meta Group, everyone has no suspense that William Chen will top the Forbes Rich List next year and become the youngest richest man in the world.
This is not what William Chen hoped. He ascended to the position of the richest man so early. When he got to the back, he didn't have much motivation to make money.
And he doesn't want to be such a big target, so he is still ready to put more assets into the Caitlin Foundation, or find another way to store wealth.
It's just that William Chen's thinking was interrupted by Paris again.
"Aren't you tired just now?"
Looking at Paris, who continued to be busy, Chen William couldn't help but feel a little different. When did this little girl become so effective?
"Don't think I don't know You are at the Malibu villa, and the Sasaki Nozomi we met in Japan is there. I saw her last time I went, she, she is also pregnant!"
Paris also plausibly said, "William, you know that you are lazy with me, now everyone else is pregnant, you are doing it on purpose!"
uh, anyone else? It's only two soon, it almost startled me.
William Chen looked at Paris suspiciously, but since she definitely wanted to...let's try it, hey, when will there be a contraceptive tool?
Judging from Paris's current obsession, William Chen is very worried. She is pregnant before Ivanta's child is born. What should I do?
But fortunately, if you count the days, Ivanta will only have three or four months at most. It’s better if you insist more. It’s not that many people want children, and they may not be able to deliberately want to have a child in a year or two. Well, it doesn't make sense to have such a strong vitality here.
Thinking of this, Chen William finally felt a little more at ease. Haha, you are a little over your head, Paris, it seems that you need to know the price you need to pay for learning knowledge!
Thinking like this, Chen William will naturally not be willing to be passive, hmph, learning knowledge, I am a professional.
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