Chapter 188 Amazon eBay, Let’s Book a Room

Speaking of NTUC FairPrice, the Singapore Trade Union Congress Cooperative, Tang Xinyi remembered what Li Xiaofan had just said about releasing new sunglasses products on the Yahoo website in the future, and said casually: "Fan, then you can just move the entire supermarket's products to the Internet and publish them." , build an online supermarket! Then your business can spread all over the world!”

"Hey, Xinyi, what you said makes sense!"

Tang Xinyi's casual words gave Li Xiaofan a lot of inspiration!

He recalled two classic e-commerce giant cases from his previous MBA courses, one was Amazon and the other was eBay.

Looking back now, 1995 in my previous life was really a magical year. Amazon and eBay, two of the world's e-commerce giants, were both established in 1995!

Amazon was founded by Bezos in July 1995 and was originally called Cada

a. It is a basic online bookstore that sells books at discounted prices through the Internet. Initially, most orders were shipped directly from distributors or from a warehouse in Seattle. Amazon is a pioneer in global e-commerce, and many of its online shopping features are now used by other e-commerce companies, such as one-click shopping, book previews, user reviews (positive or negative), personalized wish lists, etc.

After Bezos moves Cada

a was renamed after the Amazon River, which breeds the most diverse species of life on earth. In May 1997, Amazon shares were successfully listed on NASDAQ. Amazon has gradually grown into the largest online e-commerce company in the United States, becoming the online retailer with the largest variety of products in the world and the second largest Internet company in the world...

Another company, eBay, was founded by idyar in San Jose, California in 1995, and was named Auctionweb at the time. At that time, eBay founder Omidyar's girlfriend loved Pez candy boxes, but was troubled by finding no one to communicate with. So in order to win the favor of his girlfriend, Omidyar established an auction website, hoping to help his girlfriend communicate with Pez candy box lovers across the United States. This was the predecessor of eBay.

What Omidyar didn't expect was that eBay was very popular, and soon the site was overrun by enthusiasts who collected Pez candy boxes, Barbie dolls and other items. Later, in September 1997, the company officially changed its name to eBay.

Between 1995 and 2000, eBay created the world's leading C2C transaction model, using Internet technology to provide buyers and sellers with a safe and convenient e-commerce trading platform. It accumulated a huge customer base through category and business expansion, and rapidly grew into a world-renowned e-commerce company. Business giant.

In Li Xiaofan's memory, in 2003, eBay, which was at its peak, acquired eBay, China's most important online trading company at the time, for US$180 million. At that time, eBay had more than 2 million users in mainland China, with a market share of 85%.

After this, eBay changed its name to eBay eBay in China. At that time, many investment analysts around the world believed that eBay's success in the United States would happen again in the Chinese market, and predicted that its stock price would continue to rise wildly.

What is surprising is that just two years after entering the Chinese mainland market, its CEO Meg announced that the company would withdraw from China’s online trading market!

At that time, most people believed that eBay's failure was due to its inability to compete with Jack Ma's Alibaba and Taobao. However, the MBA professors who taught Li Xiaofan at the time believed that this statement was not comprehensive. The professors believed that another more important reason was that eBay was not fully prepared to operate in the Chinese market at the time...

Li Xiaofan now recalls that the success stories of Amazon and eBay, the two e-commerce giants, were all accidental. But regardless of Netscape, Yahoo, Amazon and eBay, these Internet giants all started in 1995. So can I try out an e-commerce platform project now...

When Li Xiaofan was thinking about these two cases in his previous life, Tang Xinyi waved her hand in front of Li Xiaofan's eyes: "Hey, my dear, why are you so dazed?"

"I was thinking about your suggestion of moving the supermarket online. This is a very good idea!"

"Haha, I just said that casually, is it really possible?"

"Of course! I think we can think about it carefully. After our current office and your home computer are connected to the Internet, we can publish more product photos and information in a timely manner to the webpage Yahoo made for us, or we can simply Register an e-commerce website yourself..."

"Dear, what is e-commerce?" Tang Xinyi's question came again.

"E-commerce simply refers to the act of doing transactions and doing business through the Internet...!"

"Oh, dear, how come you know so much new knowledge? Fan, sometimes I feel as if you have traveled from the future..." Tang Xinyi joked.

"Haha, actually I may just work harder than others. This knowledge can be found in libraries or on the Internet!"

Tang Xinyi suddenly thought of another thing and asked, "My dear, you are coming to my house for dinner on Saturday afternoon. What gift are you going to give to my mommy?"

Li Xiaofan blinked his eyes and looked at Tang Xinyi and said, "I was just about to ask you about this matter. Tell me, what should I give? I can't think of it. Your family should have everything..."

"Stupid, what do women like most?"

"Shopping, beauty, shopping?"

"What else, what did we give when you first went to Aunt Ye Niya's house?"

"Do you mean I should give flowers this time?"

"Well, Fan, I think you should give flowers this time too. The gift is small but the sentiment is great. Besides, my mommy likes flowers just like Aunt Ye Niya!"

"What kind of flowers should I give? There are too many kinds of flowers in the flower market you took me to last time! Also, your mommy is Japanese, is there anything special about it?"

"I suggest you buy two bouquets of flowers. One bouquet can be made up of 5 kinds of flowers, including trumpet creeper, monk shoe chrysanthemum, primrose, money flower, holly, etc..."

"Do these five kinds of flowers have any specific meanings?"

"When Of course, in Japan, the specific meaning of the bouquet composed of these five flowers is: the love of a loving mother. It represents the youth, joy and happiness of mothers all over the world who work hard to raise their children..."

"Wow, the meaning of this bouquet of five flowers is so profound?"

"Well, if you marry me in the future, my mom will also be your mom, so I think it is most appropriate for you to give this bouquet of five flowers to female elders!"

"Well, I've got it in mind. What about the other bouquet?"

"Silly, of course women like roses, you can buy another bouquet of roses..."

"What color?"

"Silly, of course it's the same color I like, we both like roses of the same color!"

"Champagne roses?"

"Yes!"

The two chatted for a while, and Tang Xinyi felt that they couldn't be too intimate in public, so she suddenly suggested: "Dear, let's go to the hotel and get a room for a while to rest together?"