Who was harmed by the traditional business of the electric dealer in the crossfire?

May 10, China's most popular internet industry CEO Ma Yun in Hangzhou farewell to his career in the Internet.

At the beginning of this century, after the bursting of the dot-com bubble, Mr Ma persisted, and today, Alibaba Group's Taobao and the cat's turnover in 2012 has exceeded 1 trillion yuan, accounting for China's e-commerce sales half. But as a unlisted company, Alibaba Group's real overall profitability is not known to the outside world.

Chen Gurong, an internet industry personage in Zhongguancun, told the China News Reporter: "a key message about Alibaba Group last month was a 9 billion dollar loan from foreign banks, but now it is starting to spread the news of Alibaba's IPO." The investment of China's internet industry mainly comes from foreign capital, not domestic capitals, and the power and strategic considerations of foreign capital should not be neglected. China's e-commerce industry likes and accustomed to playing price war, Jingdong Mall has to frequent financing and has not been listed. Alibaba's stall is actually very large, including the construction of logistics facilities throughout the country, MA Yun's declaration of retirement and capital layout of the real relevance of the need for further observation. But over the past 10 years, Alibaba has built an ecosystem around E-commerce. ”

E-commerce, in the IT industry is a strange subdivision of the industry. In the middle of the 90 's, IBM, which tried to regain control of the PC industry from Microsoft and Intel, spent billions of of billions of dollars on CPU and OS, and was technically successful, but later on it was unexpected, and when IBM began to realize that it was powerless to regain its former monopoly position, The new CEO, Gerstner, is starting to push IBM into transition. E-commerce solution is the era of IBM's marketing strategy, the traditional industry-initiated e-process for IBM's hardware and software products line and services to provide a high-speed growth in the market space. However, the rise of E-commerce as a distribution business is still at the end of the 90 's. com wave, but the rate of click-through instead of P/e as a measure of the value of the company or investors paid a heavy price.

In the United States, the creative effects of technological innovation finally proved the triumph of information technology in the traditional distribution industry in the 2013. Since the beginning of the year, Wal-Mart, the retail giant, has begun to recognise its poor performance, and in May began to hear news of the Board's search for new CEO candidates. But in China's circulation industry, Wal-Mart has been attached importance since entering China, which is not only the competitive pressure that Wal-Mart has brought to the traditional retailing industry, but also the vicious bargain environment that the buyers bring to the Chinese small and medium Enterprises group. In contrast, e-commerce in China is still considered very remote, because China even mature third-party logistics industry does not exist. Today, not a few of the traditional transportation and warehousing enterprises in China have successfully transformed into Third-party logistics service providers. But this does not hinder the efforts of Chinese e-commerce Internet companies to establish their own logistics facilities under the impetus of capital.

"The Internet industry is going to price a firefight with traditional Chinese businesses and damaging the upstream Chinese manufacturing industry," he said. "This is a predictive view that has been heard in the past 3 years by journalists from the Chinese news of China, from a number of investors." But in 2012 this forecast is beginning to become reality: Jingdong Mall and Suning electric price war finally by the National Development and Reform Commission to stop; the decline of the department store has been reflected in the stock market.

"In China's cities, local governments are keen to introduce large multinational chain companies, although there is the purpose of gathering popularity to create commercial real estate circle, but this also caused the domestic retail industry to form a quasi-financial business model, really similar to Wal-Mart rely on improving logistics and supply chain efficiency to enhance the efficiency of the operation These days, all over the world have begun to actively introduce Alibaba, but this is not a good sign of the traditional distribution and commercial real estate investment. "A Shenzhen Yang, who worked for China Resources, has also been accustomed to thinking about the future of E-commerce from a financial perspective."