Carrefour's current major shareholder is French Rich, the owner of the luxury giant Louis Vuitton Group (1vmh), Bernard Arnold, who seems to be a supporter of a traditional Tibet powerhouse. I don't know whether they are for faith or other purposes. However, this time he met Zhou Shi, but the incoming Carrefour CEO Georges Prasatt. To be honest, Zhou Shi met him as a compliment. He is now just Carrefour's COO.

"I'm really sorry to come here to take the liberty!" Georges Prasatt

"You're welcome!" Zhou Shi said lightly. They were not familiar with each other, and they were from Europe, so there was nothing to be polite.

"This time it was supposed to be Bernard Arnault who came to see you, but there was something happening temporarily, so I had to come over and if I had the chance, I would definitely invite you to France..." Georges Prasatt

"I'm honored..." Zhou Shi said without sincerity. This sentence makes sense when you have the chance. Of course, you have to learn a little bit of the scene. He can't just say that he is very interested in you, right?

Universal Music is willing to negotiate, and Carrefour takes the initiative to come to the door. This is both a challenge and an opportunity. It depends on how to grasp it. European society is a difficult place to describe, but conservative and innovation coexist. In general, conservative forces are even stronger. There are many powerful companies here, and their status has basically not changed for decades. Unlike the United States, where startups rise one by one, technological innovation is changing the life here all the time. Carrefour should be considered a relatively conservative company. Even if the transformation of this company has not been completed in a few years, it is not as active as Walmart to embrace the Internet and make many changes and investments. It is no wonder that although the luxury industry also pursues fashion, it is more about creating fashion. As a giant in this industry, Bernard Arnault, the boss of Louis Vuitton, has enough confidence to face the changes in the world, even if his confidence is used in the wrong place, even if his thinking can no longer keep up with the changes in the times.

Carrefour's purpose of contacting Zhou Shi was for Carrefour's Chinese business. They wanted to withdraw from the Chinese market a few years ago. Unfortunately, due to the unanimous price negotiation, it is also possible that the local Chinese companies do not have the strength at present. A simple analogy is that the current leaders of the Chinese retail market are CR Vanguard and Gao Xin Retail (RT-Mart). Among them, Gao Xin Retail, listed on Xiangjiang, is about 100 million US dollars, with sales of 78.8 billion US dollars, and the sales of Huaxia Carrefour is about 400 million US dollars.

Right, that is, the difference is twice, but their gap is more than this. Gao Xin Retail's single-store sales and profit margin are higher than Carrefour. However, the glory of the retail industry has not completely declined. The market value of 100 million US dollars is definitely not the peak of Gao Xin Retail, which means that Carrefour's valuation level is about 500 million US dollars. If you compare Wumart Commercial, forget it, although Carrefour is not much better than Wumei, Carrefour will definitely not agree to the price.

"We are interested in retail, and the Carrefour brand is also good, but you should be clear about one thing. We are not familiar with this industry and have limited strength now, so it is impossible to pay high prices. "Zhou Shi, it is better to invest in some potential domestic retail companies than to acquire Carrefour, such as Yonghui and Red Star Macalline.

"Carrefour's market in China has been around for decades, and the operating system is perfect. If the price is low, I'm afraid..." Georges Prasatt

"How are your performance?"

"We ranked third in China last year, with sales reaching 36.6 billion soft girl coins...."

"In other words, the performance of Walmart and Wumart is similar?" Zhou Shi

"Carrefour's management level is much better than theirs..." Georges Prasatt

"What price do you want to transfer?" Zhou Shi didn't say anything. He didn't know a lot of data, such as Walmart's single-store sales in China...

"100 million US dollars, this price is very suitable..." Georges Prasatt

With a "swish!", Zhou Shi stood up and stood up

"Are you kidding me or do you think I'm easy to bully? I don't have so much time to spend with you..." Zhou Shi never expected such a result. Is there something wrong with these French people's brains? What attitude do they have, or do they not recognize the form and think they are self-righteous? Under the impact of e-commerce, the physical retail development is difficult, and in China, it is facing greater difficulties due to the high housing prices.

It’s nothing to be a random price in business, but it depends on who it is. It’s so unscrupulous to ask for a global rich man of Zhou Shi, so he is so unsatisfied and has no need to talk. The Carrefour Group only has more than 200 million euros in market value. After all, the market value of the head office may not reflect the market value of its subsidiary, but are they unsure of what Carrefour China is like? No matter whether they are really arrogant enough to think that the price is appropriate, or want to cheat people, or simply commercial negotiation tricks, Zhou Shi will not deal with them again. After leaving, he stopped the investment negotiations with Universal Music to express his dissatisfaction. But things will definitely not be forgotten, and the Frenchman is not dealing with it. Unfortunately, his strength is still not strong. There are not many ways to deal with Louis Vuitton, which has a market value of around 600 million euros, otherwise he would want to implicate this French rich man, who asked him to support the traditional forces of Tibet.

France is also a strange country. Zhou Shi is difficult to understand their cultural traditions and ideas. He is friendly to China, and at the same time he is the pioneer of anti-China forces. In the early 1990s, he once said that whether the Chinese government can exist until tomorrow is a question, and it is even more common to meet a traditional Tibet force.

Although Louis Vuitton is strong, it is still easy to crack down on such a brand, at least not difficult for Zhou Shi. For example, in the era of big data, it is not too easy to find the black material of 1V Group. Let some of its core members be responsible, grasp the rhythm, and guide a few topics, which is enough to have a great negative impact on the 1V brand. In the global market, only Chinese people in China are hungry and buy as long as they are luxury goods, regardless of whether the brand discriminates against Chinese people. Denying the culture of a luxury company and making it lose the trust of the public is to cut off its foundation and its future. Luxury companies seem strong, but they are actually very weak. In the era of mobile Internet, everyone's trust in it is easy to be broken.

"Are you serious about acquiring Carrefour?" In order to retaliate against the Frenchman, Ou Zhihua and Zhou Shi found the head of HSBC and RBS.

"Who knows? If you have the opportunity, you can acquire it. If you don't have the opportunity, you can forget it!" Zhou Shi

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Chapter completed!