Chapter 932 (1/2)

In business, everything is based on interests.

No profit business, no one will do it.

On April 30, Carrefour headquarters decided to withdraw from China after several meetings.

Over the past year, Carrefour has been hit hard.

Three people were killed and dozens injured in a stampede in a mountain city in November last year.

At that time, Carrefour caused the local government's dissatisfaction, because Carrefour's stampede event, all over the country issued product promotion regulations.

Originally, Carrefour headquarters felt that this was just a special case. After all, the turnover of Huaxia district was still growing.

But since entering 2008, more and more things have bothered them.

During the snow disaster in East China, because of the rising prices of supermarket goods, the Chinese government named and criticized them, which made them a reputation of hoarding and hoarding.

Before they could ease down, there was a nationwide boycott soon after.

They thought that this was the most miserable time. The result was beyond their expectation, and even worse.

Problem milk powder incident broke out, Carrefour has become a rat in the street, everyone yelled.

How long has that been!

For half a year, we have trampled on the dead and hoarded. Now we dare to sell poisonous food. What else can Carrefour dare not do!

It's good if these things happen at intervals, but they all come together.

It has been 13 years since it entered the mainland market in 1995.

Over the past 13 years, Carrefour has invested a lot in China, but its profit has not been high.

A few years ago, it was preparing for the expansion of the market. Seeing that it had begun to make profits, the profits were getting higher and higher. Carrefour headquarters even planned to continue to increase its investment in China.

Something's wrong!

One after another, Carrefour has been targeted one after another. Carrefour, which has been established for 50 years, has fallen to a low point in China and even stinks.

Carrefour was exhausted and attacked by competitors in Europe.

As the domestic market is in a slump, Carrefour has no energy and can continue to consume in the distance.

Is it meaningful for Carrefour to win in the end?

Huaxia is not only far away, but also Huarun, Bailian, Wal Mart and RT Mart.

When they fight against each other in the distance, they will be the cheapest one in the end.

Moreover, once the Chinese market is over invested, European competitors will seize the opportunity and choose to attack them at this time.

In fact, Carrefour has been going downhill since 2005.

In March 2005, Carrefour was forced to withdraw from the Japanese market and sold all eight stores in Japan to AEON group at a price of 80 million euro.

Also in 2005, Carrefour withdrew from the Mexican market and sold 29 of its large supermarkets.

In 2005, Carrefour withdrew from the Czech market and transferred 11 stores in Czech Republic and 4 shopping malls in Slovakia to Tesco.

In March 2006, Carrefour was forced to withdraw from the Korean market and transfer all its 32 stores to local enterprises in South Korea.

Carrefour withdrew from the Portuguese market in 2007.

And the withdrawal from Xiangjiang in 2000.

This series of attacks all show that Carrefour, the world's second largest retailer, is really out of its ability.

In addition to being able to maintain the edge of the European market, they have been hit hard elsewhere.

Originally, many people at Carrefour's top management used Huaxia as a lifesaver and a base point for overseas expansion. Before 2008, they did see hope.

But after entering 2008, a series of attacks made everyone sober up.

As before, Carrefour does not have much advantage outside the European market.

Wal Mart, which has always been regarded as a competitor by them, seems to be inferior to them in China, but in fact Wal Mart is more stable than them.

In 2005, Carrefour's global sales were $90 billion, while Wal Mart's was $280 billion.

At that time, Wal Mart surpassed Carrefour by three times.

By 2007, Carrefour still had sales of more than 90 billion and less than 100 billion, while Wal Mart had reached more than 350 billion US dollars, nearly four times the gap.

The enterprises that they regard as their only competitors are now leaving them more and more far away.

On the contrary, Tesco, which they despised before, sold only $60 billion in 2005, but now it has reached $80 billion. The gap is getting smaller and smaller.

These are just foreign troubles. In fact, Carrefour is facing more serious internal problems at this time.

In March 2007, Arnault group and colony capital group suddenly took a stake in Carrefour, without even knowing the Harley family, Carrefour's largest shareholder.Over the past year, there has been serious internal strife between the two sides.

The majority shareholder Harley family has gradually withdrawn. Duran, the current global president of Carrefour, is about to leave class.

At this time, they really did not have the energy and the distance to fight in China.

Carrefour headquarters studied repeatedly and finally decided to withdraw from Huaxia.

On the afternoon of the 30th, Luo Guowei received a notice from the headquarters that on May 2, Carrefour Global president Duran visited China to inspect Huaxia district.

At the moment of receiving the notice, Luo Guowei understood that the decision had been made by the headquarters.

In the office.

Luo Guowei lingered for a few circles, and suddenly a faint reluctance rose in his heart.

Although he always said that he hated China and Chinese.

But after two years in China, he was suddenly asked to leave, or left as a loser. Even Luo Guowei, who was always cheerful, could not help feeling melancholy.

Standing by the window, looking at the prosperous city scenery outside, Luo Guowei sighed softly.

Chen Ying, who was about to enter outside the door, stopped, lowered her voice and retreated gently.

She still has great respect for the boss.

Outsiders feel that Luo Guowei is cynical and just pursues romance. Chen Ying is in charge of all matters of the company.

But they don't think about it. If it wasn't for Luo Guowei's acquiescence, what could Chen Ying, an assistant, decide?

Ability aside, at least the president of Huaxia district is broad-minded enough.

Unfortunately, it's too late to say anything.

Once Carrefour withdraws from China, and still withdraws in such a failed posture, Luo Guowei's future is worrying.

……

Just as Carrefour was about to leave.

Far away building.

Li Dong and Shen NANPENG signed the last agreement.

So far, the first round of micro blog financing has come to an end.

Sequoia contributed US $100 million, accounting for 7% of the equity of Weibo. Yesterday afternoon, Li Dong and IDG, represented by Xiong Xiaoge, also signed a contract, the same amount of US $100 million, the same 7% equity.