4hw.com.cn: the billion bet between Lei Jun and Dong Mingzhu has always been a topic that everyone talks about. At that time, Gree was an old manufacturer, while Xiaomi was just a few years old, while "leibus" and "Iron Lady" made a bet in front of the National People: if Xiaomi's turnover exceeded gree in five years, Dong Mingzhu would bet 1 billion yuan. The five-year bet is about to expire. What will happen? What is the matter with Lei Jun and Dong Mingzhu? Let's have a look.
In 2013, at the activity site of CCTV financial channel, Lei Jun and Dong Mingzhu, the iron lady, made a bet in front of the whole nation: whether Xiaomi's sales could exceed Gree's in five years, and the gambling capital was upgraded to 1 billion!
In a flash, five years later, the 'one billion bet' is about to come to an end. Dong Mingzhu is full of confidence in the face of the reporter's questions. He said that he can ask the National Audit Office to audit and evaluate. Last year, Gree's sales increased by more than 40 billion, and this year, it has a big goal.
But Dong Mingzhu said that she paid more attention to the overall quality, one is the tax for the country, one is her own profits, and the other is the happiness index of employees, so the one billion bet should be taken seriously.
At the time of the establishment of bet in 2013, Xiaomi's turnover was 31.6 billion yuan, while Gree's was 120.043 billion yuan. According to the latest financial report of Gree, in 2017, Gree's revenue was about 150 billion yuan, the revenue in the first three quarters had reached 112 billion yuan, and this year's target is 200 billion yuan.
Let's look at Xiaomi again. In October 2017, Xiaomi achieved the goal of revenue exceeding 100 billion yuan. If we judge from the level of revenue alone, Gree will win a lot. However, in terms of market value, Xiaomi's conservative valuation after listing is far beyond Gree's $100 billion. So what kind of judgment will this gamble end in the end? It's very expected.
What's the matter with Lei Jun Dong Mingzhu's billion bet?
"Can millet mode beat Gree mode? I think it will be in the next five years. Please bear in mind that in five years, if our turnover beats Gree's, president Dong Mingzhu will lose me a dollar. 'said Lei Jun.
"First, I tell you it's impossible. Second, if it's not 100 million, I'll bet you 1 billion. 'said Dong Mingzhu.
In 2013, Lei Jun, chairman of Xiaomi, challenged Dong Mingzhu, chairman of Gree, saying that if the turnover of Xiaomi could not exceed that of Gree within five years, he would lose 1 yuan to Dong Mingzhu. Dong Mingzhu replied, "don't mention one dollar. If you want to bet, you can bet one billion yuan.". Lei Jun said: "we are made in China, you are made in China. So a billion yuan, we will win. '