Chapter 1144: The Amazon is profitable
It's almost 2001, Feng Yu came to Seattle, this is Jeff? Bezoste informed Feng Yu to participate, saying that there was good news and told Feng Yu. Pen × fun × Pavilion www. biquge。 info
"Everyone, today I announce a good news to you, relying on the profit increase in the fourth quarter, our Amazon has made a profit for the first time since its establishment!"
All the directors and executives are applauding warmly, after so many years, Amazon is finally profitable.
At the beginning, the Amazon could have been listed a long time ago, but due to the opposition of major shareholders, the company has not been able to go public. At that time, it was the spring of Internet companies, and after the listing, the stock prices soared.
They have privately complained to Feng Yu more than once, if the Amazon is listed in 97, then in 99, they can cash out. The profit is at least dozens of times!
Look at that Yibei, after the listing, the company's market value has increased a hundred times, even if the Amazon is not as good as Yibei, it is not too much, right? Even in their hearts, Amazon may be more sought after than Yibei, after all, the major shareholder of Amazon is Feng Yu, this is the golden signboard, so that shareholders believe that the company will give them a guarantee of rich returns!
Feng Yu is the youngest billionaire in 10 billion dollars, and he is the second in the world, and he is still the one who defeated Soros, and he is famous in the investment world.
It's a pity that Feng Yu just didn't go public, saying that the company was short of money, so he continued to inject capital, but he also got the support of Bezos, so that these small shareholders were helpless.
Didn't Feng Yu's assistant Ralph say, if any of you object, it doesn't matter, according to the market price, we will buy your shares at a premium of 10%.
Of course they don't sell it!
In the beginning, they had the idea of cashing out and making money after going public. But then they also saw the potential of the Amazon.
Online shopping malls do have an important advantage over physical ones, that is, they can give customers a richer choice of goods, and they are even very simple.
On the side of the United States, many middle-class people live in the suburbs, with a good environment, a large place, and a relatively comfortable life.
They usually go to the supermarket once a week to buy a week's necessities, and each time they are very tired, and sometimes they have to look for a long time to buy a product.
But the Amazon online store is different, you only need to click a few keyboards and click search to find the product you want. Then place an order and wait for it to be delivered to your door.
In the beginning, the Amazon was also cash on delivery, but some consumers also found it troublesome and always had to prepare change.
But later, when the Amazon was able to pay in advance with online banking, this trouble was spared. Some users, believing in the credibility of the Amazon, slowly, such users are increasing.
The variety of Amazonian products is also becoming more and more abundant. As long as it's legal, they can sell it. From small toothpicks to large appliances such as refrigerators and washing machines, they can be purchased through Amazon and delivered to your door.
Those shareholders saw that there were more and more registered users, sales were getting higher and higher, and losses were getting smaller and smaller, and they were no longer silent.
Although they have very few shares, they firmly believe that this part of the shares will bring them rich returns in the future. And this day, it won't be too far away.
The Amazon is planning to enter South America, and when the time comes, the market will be bigger and more profitable.
The year before last, the Amazon set up a music store, which sold all kinds of music products, such as tapes, CDs, MDs, DVDs, etc., as well as various players, headphones and other related products. At that time, the Amazon got an MP3 download for a fee.
At that time, many people were against it, and even several directors were strongly opposed. This paid download, the creativity is good, but who will buy it?
But soon, they knew what product this was for. Aiwa was sued by the Record Industry Association of the United States. Then the mp3 player quickly became popular in the United States, and then became popular all over North America, America, Asia, and Europe, and their MP3 audio downloads skyrocketed.
Since they have more users and are also one of the sellers of AIWA products, many people choose to download MP3 in their music store, and as a result, the number of downloads on their side surpasses that of AIWA.
Now they have over a million downloads almost every month, and since AIWA launched that new MP3, their downloads have skyrocketed again. Together with the book city, this music store has become the majority of Amazon's profits.
And just last month, their music store, acquired AIWA's music website, and the two merged, and downloads climbed again.
The directors and executives were impressed by Bezos and praised him for his foresight. But Bezos knew very well in his heart that when he wanted to get mp3 downloads, he also refused.
It's just that Ralph, on behalf of Feng Yu, forced him to get on this. As a major shareholder, Feng Yu almost never interferes in the management of Amazon, but only tells him not to enter the Chinese market and the Eastern European market.
And now, Feng Yu actually asked him for this, which shows that he attaches great importance to the download of mp3, where does he dare not implement it.
So such a credit has become his wise decision and far-sightedness.
Amazon is now not only the largest online bookstore, but also the largest bookstore, the largest music store, and the largest integrated online retailer.
Now the Amazon's propaganda slogan is "the largest online retailer", which is very arrogant.
But others are helpless, no matter in terms of product types, registered users or sales, Amazon, the largest, is well deserved.
Of course, if you look at it from the market capitalization, Amazon is worse, because Amazon is not listed.
And now, the Amazon is ready to add a slogan: the most customer-centric enterprise. The slogan of many companies is customer-centric, but Amazon has added a maximum in front, so that many companies keep attacking Amazon for this.
Unfortunately, these criticisms not only did not affect the development of the Amazon, but also increased the popularity of the Amazon, so that the Amazon's sales continued to rise.
If it weren't for Bezos's big hand, which invested 30% of its revenue in marketing activities to attract customers, perhaps the Amazon would have made a profit a few months earlier.
But it's not too late to make a profit. Feng Yu was very satisfied with this.
When other Internet companies are losing money, Amazon makes a profit, and this is success!
Feng Yu took the report, crossed Erlang's legs, and shook it to open it. He also looked at the report to see how much of a surprise the Amazon could bring him.
But when Feng Yu carefully saw the final profit figures, he couldn't help but roll his eyes.
The profit amount is more than 30,000 US dollars.
Nima, the world's largest online retailer, has a profit of just over $30,000 a year, which is good news for Lao Tzu!
…… (To be continued.) )