100 million bet: Electric trader vs Offline Retail

Wang, chairman of Wanda Group and chairman of Alibaba's board of directors, in the 2012 annual CCTV economic figures held on the evening of December 12, argued whether future electricity dealers would replace traditional businesses. Wang revealed that he and Ma Yun have a "gamble."

This gamble is: by 2020, if the electric dealer in China's retail market, the entire large retail market share accounted for 50%, Wang to Ma Yun a billion, or Ma give Wang a billion.

The two giants are arguing

"I must say the electric chamber wins." "In the face of domestic commercial real estate giant Wang, just rely on" Singles Day "to earn a pot full of Jack Ma no weakness.

Wang apparently not like Ma Yun: "I think it is not the outcome, I think both sides can live." ”

Wang's reason is that, although the electricity business is very strong, but the share is still relatively small, in the future can account for more than half of the share, still to be time to test. Second, many commodities need to be displayed in public places, to walk into many places, this is called conspicuous consumption. Third, retailers will do well if they combine online.

However, Mr Ma insists that the electric dealer will "basically replace you (traditional business)", he said, the important thing is that e-commerce today is not a model of innovation, but a lifestyle change.

Ma Yun's breakthrough Wang stick

After the Singles Festival promotion, the organization data show, 1111 Shopping carnival pays treasure total sales 19.1 billion yuan, one day cat 13.2 billion, Taobao 5.9 billion. Subsequently, Alibaba announced that Taobao and the cat turnover of 1 trillion yuan in November 30, accounting for the National social consumer goods retail sales of 5.4% last year.

Ma Yun 12th Evening said that the breakthrough trillion is only just beginning, now doing is only the traditional retail channel changes, the next three years five years, will enter the production of change, until the impact of lifestyle changes.

Wang, however, did not buy 1 trillion of the account, and he argued that it would be a big mistake for people to simply understand retailing as something to buy. Large concepts include food and clothing with a lot of things, like movies, although the internet can see, 3D technology came out completely replaced, there is a bath, pinch feet, repair ears, electrical business again, these also replace.

"I must stick to traditional industries, but innovate as much as possible on the basis of traditional industries," he said. "Wang said. He also revealed today that Wanda has already completed its sales target for the year ahead of schedule.

In fact, the traditional business of Wanda is also actively preparing their own electric business. Recently, Wanda Group in the professional recruitment site with a large number of high salaries to recruit e-commerce personnel. It is rumored that the work of Wanda's electronic commerce has been in preparation for some time, and will integrate Wanda's current department stores, premium hotels, tourism and cinema line industries.

Wang has said to the media, Wanda to do "intelligent Square", the line and offline combination. According to Wang's plan, Wanda Group's Electric Business Road is: by electronic commerce will its commercial real estate, the Superior hotel, the traveling, the movie theater line and the chain store five main business lines simultaneously packs the line, opens the fictitious on-line commercial complex.