Where Is The Future Of Alibaba CEO Zhang Yong?

Alibaba CEO Zhang Yong attended the investment forum, said that the use of Internet technology and ideas for business restructuring of various industries, there are huge investment opportunities.

But he emphasized that everyone will burn money, and the money will burn up. The core is to complete the business restructuring, and see who has first completed the restructuring of goods and services, bringing about an increase in the efficiency of production and supply.

"Anyone who uses the money of the investor to use the money from the circle to burn the money to buy the paction volume and to buy the user is not established. There is no future."

Alibaba CEO

When attending the investment forum, it indicated that there is a huge investment opportunity in the business reconstruction of various industries by using Internet technology and ideas.

But he emphasized that everyone will burn money, and the money will burn up. The core is to complete the business restructuring, and see who has first completed the restructuring of goods and services, bringing about an increase in the efficiency of production and supply.

Over the past year or so, capital market has cooled, resulting in the tide of mergers and financing of Internet Co of 100 billion scale.

The news of O2O and the failure of the e-commerce start-up company keeps going on. The unicorn financing cycle is becoming shorter and shorter. The listed Internet Co has started issuing loans, and the funds are hungry and thirsty.

Zhang Yong bluntly said.

There is a strong "entry complex", who has access to whoever has the world, burning money can aggregate users, seize the entrance, but everything has another side.

If goods and services do not change in their own way, it is difficult to bring about real efficiency improvement.

Zhang Yong stressed that the era of Internet 1 has made supply and demand meet. Today, the Internet is already an infrastructure, and any Internet that relies solely on solving the problem of symmetric information.

Will eventually disappear.

What he is concerned about is how to make full use of the ideas and technologies of the Internet to pform the commodity organization, service organization and process reengineering of a specific industry. Any company and group will seize this opportunity to accomplish this reconstruction, which will make the industry change dramatically.

Zhang Yong disclosed that he often saw that enterprises enter an industry, circle money, burn money to buy users, and make generous subsidies.

Zhang Yong pointed out: "the core of this is to complete business restructuring.

Any investor who uses his money to do his or her own business is not set up and has no future.

Because money burns and others burn, there is no threshold.

The core is in the process of burning money, who has first completed the restructuring of goods or services, who has undergone chemical changes in the process of reconstruction, which has brought about an increase in the efficiency of the entire production supply, and if there are specific changes, it will be interesting.