What is the "100 million gambling contract" between Ma Yun and Wang Jianlin?

Ma Yun and Wang Jianlin's? 100 million bets? It is a debate about the future development of e-commerce and traditional retail in China. This gambling contract originated from 20 12, when they debated the development prospect of e-commerce and traditional retail in China in the next ten years. Ma Yun believes that e-commerce will occupy a larger market share, while Wang Jianlin firmly believes that the traditional retail industry still has a broad space for development. The two finally decided to bet 100 million yuan for ten years to see whose point of view can be verified.

This gambling contract has aroused widespread concern and discussion, involving the advantages and disadvantages, development trend and future market structure of e-commerce and traditional retail industry. Some people think that e-commerce has the advantages of convenience and transparency, which can meet the increasingly diverse needs of consumers; Others believe that the traditional retail industry still has irreplaceable advantages in providing experiential consumption and after-sales service.

As time went on, the result of the bet became clear. Although e-commerce is developing very fast in China, traditional retail still occupies a large market share. At the same time, some emerging business models are gradually emerging, such as the new retail model of online and offline integration, which further blurs the boundary between e-commerce and traditional retail.

To sum up, Ma Yun and Wang Jianlin? 100 million bets? It is a debate about the future development of e-commerce and traditional retail in China, which has aroused widespread concern and discussion. Although the result of the gambling contract has not been finally announced, the debate itself is of great significance for promoting the innovative development of China's retail industry.