On October 29, 2021, Jitu Express acquired Best Express for 6.8 billion!
Just after Duan Yongping denied "re-emerging from the jianghu" and made it clear that it was impossible to build a car, the next day, the Jitu Express of the BBK department announced the acquisition of best express China business under best group.
SF's biggest competitor, Jitu Express, turned out to be born, and it was established less than a year ago, receiving 20 million orders per day, and even Zhongtong Express took more than two years to achieve a cross from 10 million to 20 million orders. The most damning thing is that the price of Jitu Express is so low that it is outrageous, and the amount is as large as 1 piece, and the amount is small and 3 pieces are sent to the whole country.
This anti-natural growth rate not only makes all investors secretly worry about the future of SF.
Even China's top three investment groups, Sequoia and Boyu can't help but spend 1.8 billion US dollars to actively jump into the strategic situation under Duan Yongping.com.
Founded in 2015 by Li Jie, the founder of OPPO Indonesia, Jitu Express has its early funding and most of its core backbone from the OPPO system, becoming the second largest express delivery company in Southeast Asia within 4 years.
At present, the valuation of Jitu is second only to SF and JD Logistics.
Who is this tall man?
He is the boss behind backgammon, oppo, vivo, and the person behind the success of NetEase and Pinduoduo: known as the godfather of business, the famous one known as China's Buffett: Duan Yongping! He is also known as China's truly invisible richest man.
Duan Yongping, born in 1961, is a truly rural bitter child.
Less than ten years old, get up at four or five o'clock in the morning, walk twenty miles to school, and eat some dry food at noon.
When I came back from school, I had to pick up dozens of pounds of firewood to go home, and in the last few miles, my small body was like a scattered shelf, and I could only rely on willpower to take home step by step.
In 1977, the college entrance examination was resumed, and the 16-year-old Duan Yongping scored more than 80 points in total.
The next year, Duan Yongping took the college entrance examination again and scored "80" points like the last time. However, this time it was an average of 80 points, and the total score was more than 400 points. Duan Yongping was admitted to Zhejiang University majoring in radio with excellent results.
After graduating from university, he entered the Beijing Electron Tube Factory.
In 1985, because he did not like the atmosphere in the factory, he resigned from the iron rice bowl with a staff and a household registration.
In 1986, he was admitted to the graduate school of the Economics Department of the Renmin University, and when he graduated, because he did not like to write papers, he went along with his own nature, gave up his degree, Beijing hukou and the opportunity to work in Beijing, and went south to Guangdong.
At the age of 28, Duan Yongping served as the director of Zhongshan Rihua Electronics Factory, and he put a small factory with a huge debt of 2 million yuan and more than a dozen people through a small bully, in just a few years, from a loss of 2 million yuan to an output value of more than 1 billion.
After the failure of the reform of the shareholding system of enterprises, he resolutely resigned.
He promised the group boss Chen Jianren that he would not be a rival to his old owner, Rihua Electronics Factory, within a year.
At the final farewell party, Chen Jianren, who cherished talent, and Duan Yongping, who was capable, spilled tears on their clothes.
Leaving Xiao Bawang, Chen Jianren gave Duan Yongping a Mercedes-Benz, and Duan Yongping has been driving this car, not forgetting The grace of Chen Zong's acquaintance.
At the age of 34, Yongping started a business again, and chen Mingyong and six other people set up "Backgammon" in Dongguan.
In 2001, the "Backgammon" series was in full swing.
Duan Yongping, 40 years old, retired for the sake of love torrents, retired early, and faded out of the business world.
When Duan Yongping left, he said to his partner Chen Mingyong and others who had cooperated for many years: Let go and do it, do a good job of dividing the money, do not close the door, do not have a burden.
In the 20 years since he faded out of the business circle, China's Internet has flourished.
In the past 20 years, Duan Yongping has not participated in the specific operation, but Duan Yongping is a company that shines brightly.
He has four disciples under his name, namely Duan Yongping splitting BBK into three, Oppo founder Chen Mingyong, VIVO founder Xiong Wei, BBK CEO Jin Zhijiang, and Pinduoduo founder Huang Zheng.
Whether it is running a business or investing in an enterprise, Duan Yongping has always adhered to three concepts:
First, "dare to be the queen of the world". If you want to be fast, you can't achieve it, and in the middle of the post, he is the first to be his business philosophy, only in this way can he sink his heart and concentrate on doing the right thing.
Second, duty and normalcy. Duan Yongping said: Ordinary mind is the mentality of returning to the origin of things and recognizing the essence of things. He was not greedy, but he accumulated more wealth than those who were greedy.
Third, we must resolutely do not do what we cannot understand. Often asked him about his experience in making a fortune, but he tirelessly emphasized "security", the premise of making money is "safety", can not follow the clouds, can not borrow money, do not understand what is not done.
Many people say that Duan Yongping's success is luck, if a person only succeeds once, then the component of luck is the majority, but if he has been so successful, it is a certain way.
Ma Yun said that he most admired two people: one was Duan Yongping, who was backgammon, and the other was Wang Wei, the boss of SF Express. It is said that Ma Yun went to Duan Yongping's BBK company to inspect and wanted to spend 30 billion yuan to buy Duan Yongping's technical team, but Duan Yongping just smiled and shook his head and said I am not short of money. Among the top 20 Dongguan companies in terms of revenue, Duan Yongping has 8. So he is also the low-key richest man in Dongguan.
Now Duan Yongping is extremely low-key, rarely appears, and his cognition is more focused on his experience when he founded The Little Bully Backgammon, the company founded by the four "disciples", and a lot of charitable donations.
It was not until last year that this "Duan Yongping Biography: Dare to Be the Queen of the World" was listed, which unveiled the mysterious veil of Duan Yongping.
In this book, it tells how Duan Yongping brought the Rihua Electronics Factory back to life; revealed the secret behind his sudden retirement at the peak of his career; and the business empire he built with four disciples; and the mysterious young man he brought with him at lunch with Buffett; and the mental journey of Duan Yongping's investment and the untold story behind it.
The book "Duan Yongping Biography" also tells the way and method of China's Buffett to start a business, operate, invest, make money, and achieve things, perhaps the successful method cannot be copied, but the way of thinking to achieve things does have traces. If you are eager to achieve great things, if you want to change your destiny, then, the godfather of business Duan Yongping's biography you can not miss, the link is here, hurry up and take it.
【Duan Yongping】Hardcover edition Duan Yongping biography: Dare to be successful in business management after the world
