Published at 23rd of December 2020 01:40:03 AM
Chapter 1122: 1122
Chapter 1122 – Exchanging shares
“Feng, you mentioned that you will be giving me some Amazon shares yesterday . When are you giving me?”
Feng Yu was stunned . Damn! I had drunk fruit wine last night, and did I got wasted?
Feng Yu recalled what happened yesterday . He did mention something like this, but it’s not like what Kirilenko said . Kirilenko had only mention half of it .
Last night, when Feng Yu and Kirilenko were chatting, Feng Yu told Kirilenko about Alibaba .
Kirilenko heard Feng Yu had invested in an eCommerce company in China . He is more confident in this industry .
Kirilenko thought Feng Yu is trying to do what eBay did . Sell the concept, get listed, and dump the shares for profits after the share prices rose .
Since Feng Yu said that Amazon will be listed in another two years and invested in a similar company in China, he is serious about it . This industry will be profitable in the future .
Feng Yu told Kirilenko to wait for Alibaba to grow for two years and exchange eBay shares with Alibaba . This will maintain cooperation between both companies and lower their risk .
Kirilenko will not reject Feng Yu, as this is a good thing .
Kirilenko does not know the difference between B2B, B2C, etc . and only knows Alibaba, eBay and Amazon are all eCommerce companies .
Feng Yu told Kirilenko that although all three companies are eCommerce companies, the operating models are different .
Alibaba is currently a platform between companies and is serving suppliers . The trades are all in large volume .
eBay targets individuals, where individuals sell their items to another individual, and eBay charges a nominal fee .
Amazon is selling its products to individuals, as Amazon will buy books and then sell them online to consumers .
Alibaba and eBay are more advantageous than Amazon as their cost is lower . They don’t own any goods and are only providing a platform .
But Amazon is different . Amazon’s books are all purchased and resold, and their capital usage is much higher .
You can see Alibaba and eBay as a shopping mall . They rent out the shop spaces to retailers and earns from the rental . These two companies only need to manage those companies and do not need any more capital .
Amazon can be seen as a supermarket . They need to bring in the goods before selling them to their customers . Their cost might seem to be higher, but in the long-run, their cost will be lowered .
For example, Tai Hua Supermarket . Their suppliers are providing them the goods first, and Tai Hua Supermarket will settle the credit monthly or quarterly .
Please download our sponsor's game to support RLN!
document.write('');
The similarities between all the eCommerce websites are their funds must go through the internet companies, and Amazon has a higher advantage over the other two companies .
This is because Amazon will hold on to the funds for a longer period and has better cash flow . This is like the supermarket, where there will always be funds in the accounts .
Feng Yu had told Kirilenko that he will give him Amazon’s shares and wants eBay shares in return .
The shares they are exchanging are voting shares, as those non-voting shares are meaningless .
Feng Yu nodded and said . “We can do that anytime . I will be going to the US in a few days . If you are going, we can do the exchange there . But if you have no time, we can wait until after your wedding . ”
“I cannot leave Russia during this period . My father had scolded me for being away most of the time . Why is he scolding me? I am going to the US for work! I am going there to earn their money, yet he is still unhappy with me . ” Kirilenko grumbled .
“It’s fine . There’s no hurry . You can rest at home as you are getting married soon . But if you want to have children, I suggest you should cut down on drinking . Didn’t you notice that you had slept with so many women, yet none of them got pregnant?”
Kirilenko’s face changed . “Feng, don’t curse me… Are you saying that I have potency problems?”
Feng Yu waved his hand and spoke like an expert . “I am not sure, but I know heavy drinking will have affect potency . For example, I can do it several times a night and don’t need the help of Viagra . Can you?”
Sponsored Content
Feng Yu had said these proudly . Although Viagra is produced by his company, he does not need to use it . That medicine is for losers!
Kirilenko laughed suddenly . “I have potency issues?! I think you are the one who has issues! I already have a child in the US . Don’t need to look at me like this . I had confirmed it . It’s you who should be worried . Your Chinese girlfriend, and Elena, are not pregnant, right?”
After Kirilenko finished saying that, he looks at Feng Yu proudly .
Feng Yu did not expect Kirilenko to have a child in the US . No wonder his father does not allow him to go to the US . Kirilenko has a political marriage here, and it is very important for his family . But his first child is not by this wife .
Kirilenko will have a big problem in the future .
“Tsk… tsk… tsk…” Feng Yu made this sound and look at Kirilenko without saying a word .
Kirilenko got mad . What do you mean by tsk… tsk… tsk…? You don’t believe me?
Feng Yu saw Kirilenko is going to explode and laughed . “How are you going to leave your fortune? Which child will you give it to? In China, there is a saying . Both the palm and the back of the hand are made of meat . An illegitimate child is still your child!”
Kirilenko rolled his eyes . “I had not finished earlier . My child in the US is a daughter . When she got married, I will prepare a large dowry, and my fortune will be left for my son . ”
Sponsored Content
Feng Yu’s laughter stopped, and almost choked . Damn! I had made the wrong assumption again . That illegitimate child is a daughter .
That means Kirilenko will have no problem . Unless he is living in a feminist country . If not, most daughters will be married off, and prominent families like Kirilenko’s family will not mind .
This is very common in China . The illegitimate sons will be harmed because of the family’s fortunes . But most illegitimate daughters will be unharmed and even well taken care of . This is to use them for political marriages and help the first wife’s son .
Feng Yu decided to change the topic . He cannot win against this Russian bear on this topic!
“Brother Ki, I had forgotten to tell you something . We need to develop payment software, and this will bring us the highest profits in the future!”
If you find any errors ( broken links, non-standard content, etc . . ), Please let us know so we can fix it as soon as possible .
Tip: You can use left, right, A and D keyboard keys to browse between chapters .