Who won the 1 billion bet between Lei Jun and Dong Mingzhu?

At the end of 213, Lei Jun, the founder of Xiaomi, and Dong Mingzhu, the founder of Gree, attended an award ceremony. At that time, the two entrepreneurs were arranged in the same group. Lei Jun first suggested that if Xiaomi's turnover beat Gree within five years, then Dong Mingzhu would have to pay Xiaomi 1 yuan, but Dong Mingzhu didn't follow the script at all, and directly responded with domineering, saying that Gree could not lose and play with 1 billion yuan.

At the speech of Xiaomi's 1th anniversary, Lei Jun responded to the agreement with Dong Mingzhu for the first time. He said that he regretted agreeing to this bet, because Xiaomi developed rapidly in that year, which made his self-confidence burst. When two people made a bet in those years, Xiaomi's mobile phone market had just started, but with super high cost performance, Xiaomi's mobile phone sang all the way.

It's a pity that Xiaomi still lost the bet five years later.

The gambling contract is formally lost, but Xiaomi may not really lose.

Dong Mingzhu also responded to this bet. She said that this bet is more of an incentive, which is very important to compete in the market. This bet is not legally binding, so Xiaomi doesn't really have to give money.

Xiaomi has always attached great importance to advertising marketing, and Gree in Dong Mingzhu has never given up its advertising. This gambling contract has virtually become the best binding topic.

Xiaomi and Gree were originally enterprises in two different fields, but because of this gambling contract, they began to intersect. Xiaomi started to make household appliances here and Gree started to make mobile phones there. It can be said that it has earned enough attention from the onlookers and saved a lot of advertising fees for the two companies.

Now Lei Jun and Dong Mingzhu are entrepreneurs with their own traffic, and they don't have to invite all kinds of traffic stars to open the market like other brands. Nowadays, many of us will unconsciously pay attention to Xiaomi's new product launch conference. Gree and Xiaomi are both our national enterprises, and they are developing better and better. We people who eat melons should also be happy.