Chapter 157 From Taobao Jingdong’s vigilance

Author: This month once Teru Furukawa

Chapter 157 From Taobao Jingdong’s vigilance

Ten minutes later.

Mr. Liu returned to the conference room, looking much more relaxed, and said with a smile: "The five-year contract period is fine, but the price of 500 million is too high.

Pinxixi's business model, market size and development prospects have been professionally evaluated by the company. I alone cannot say that. Shareholders cannot accept a valuation of 5 billion.

I personally believe that as long as Pinxixi is given some time, it will not be a problem to achieve this valuation. Can the price be further discussed?"

Huang Zheng showed an expression of "Sure enough," even though the Penguin family has a great cause, they still can't withstand the dragon-slaying knife.

Chen Heyu frowned and sneered: "It seems that Penguin is not sincere. I'd better ask Ahri's teacher Ma."

"Mr. Chen, don't worry, don't negotiations just come and go?"

Upon hearing this, Mr. Liu immediately broke his guard, took a deep breath, and quickly spoke to stop him.

E-commerce has unlimited potential, and the market is far from reaching its peak. Social Ma is trying to use financing methods to improve the business ecological layout and obtain more profits.

Naturally, we will not give up investment opportunities easily!

If things are messed up by him, he will inevitably suffer consequences when he goes back.

“Penguin wants to expand its influence on the e-commerce track and invest in Pinxixi for more than 500 million yuan?

Both 4G networks and smartphones are in a golden period of rapid development, with tens of thousands of new users pouring into online shopping every day.

Seizing the opportunity, Pinxixi could occupy 30% of the market share in less than three years.

Mr. Liu, venture capital has always focused on future returns. If you always set limits on yourself based on current valuations, how can you become an excellent investment banker?"

Chen Heyu said in a deep voice.

He doesn’t have to be Penguin, but joining Ahri is also a good way to take over all of the other party’s downstream merchant resources.

You may suffer some losses on the traffic side, but at worst, you have to find ways to make up for it through other channels.

“Is 400 million feasible?”

Mr. Liu tentatively said.

"What do you think? 500 million is my bottom line."

Chen Heyu shook his head and smiled mockingly.

"Mr. Chen, it seems that I can only give in and discuss business with you. It is always you who decides."

Mr. Liu smiled bitterly and didn't pay back a penny.

"Does the price matter? Invest in my project, Penguin will only make a lot of money."

Seeing him relenting, Chen Heyu joked easily.

Mr. Liu nodded in agreement. He knew that if the other party was not greedy for the traffic of WeChat, it would not open the investment window at all.

"I agree to the price of 500 million, but I have to add a requirement. Under the same conditions, Penguin has the priority investment right in each round of financing."

Mr. Liu pondered for a moment and said seriously.

He was worried that after Chen Heyu got the WeChat traffic contract, he would use a balancing act to continue playing without Penguin.

Kangaroo is a lesson learned from the past!

"I have no objection. It can be written in the contract."

Chen Heyu shrugged and said indifferently.

Pinxixi has a dual-class share structure, commonly known as AB shares. The Class B shares in his hands have 10 voting rights. What Penguin received in exchange for the money are Class A shares, which only have 1/10 of the voting rights.

There is no need to worry about losing control of the company. Qiandu, Jingdong, and Facebook all have this kind of architecture design.

"A happy contract. I know you love tea, so I brought you two new cans of tea from Huyi Mountain."

Mr. Liu said with a smile.

"Thank you for your trouble. Mr. Huang will make arrangements tonight to support Mr. Liu."

Chen Heyu stood up and patted Huang Zheng.

"Mr. Liu, this is your first time to fight Xixi, and you will definitely come back with a lot of fun."

Huang Zheng said with a smile on her face.

When Pinxixi was founded, the total investment was only 300 million. With Chen Heyu’s energy and connections, a mere 10% of the equity was sold for 500 million.

It's not too much to ask the sponsor's dad to provide one-stop service.

Not only has the problem of link sharing been solved, but it has also hit the big mountain of Penguin. From now on, you can enjoy the traffic dividends of WeChat unscrupulously.

Pinxixi will develop even more rapidly and usher in a real explosive period.

"Mr. Huang, you're so polite. We need to communicate more in the future. We must let you know in advance when we will launch Series A financing."

Mr. Liu glanced at Huang Zheng and showed great enthusiasm.

Next, the financial and legal staff of both parties drafted the contract text, and Chen Heyu and Huang Zheng signed the equity transfer contract.

A blockbuster transaction that affected the e-commerce landscape ended quietly.

Within a few days, relevant news appeared on major portal websites, business newspapers, and Weibo hot searches.

"Penguin Capital is crazy about acquiring 10% of Pinxixi's equity! Five hundred million Chinese dollars will be poured into the new economic field!"

“Pin Xixi announced the completion of angel round financing, with Penguin Capital exclusively leading the investment!”

"Fight Xixi to become the next e-commerce giant?! Jingdong, Ahri exclaimed, the wolf is coming!"

"..."

Teacher Ma, who was far away in Hangzhou, smelled something unusual. It seemed that Penguin still refused to give up the fat of e-commerce.

If you can't do it yourself, support other platforms.

The big boss behind Pin Xixi is Chen Heyu, so he has to put aside his contempt.

"Mr. Chen, Ahri is going to be listed in the beautiful country in September. Are you interested in going together? Be a bell ringer?"

Ma Yun dialed Chen Heyu's phone number and practiced Tai Chi implicitly.

Since Chen Heyu is one of the shareholders of Zhifubao, inviting him is not out of the ordinary.

"Congratulations in advance, Mr. Ma. I wish Ali's stock will continue to prosper. Just ring the bell. Next time I have time to go to Hangzhou, I will have tea with you."

As soon as Chen Heyu's mind turned around, he understood the purpose of Teacher Ma's call. He wanted to find out if he was really going to turn to Penguin and plan to join forces to deal with Ahri.

He first refused and then proposed to visit Hangzhou. His attitude was unpredictable and gave Lao Ma a feeling of detachment.

"He is a formidable opponent."

After Teacher Ma hung up the phone, he said to Zhang Yong beside him, with some worry on his face.

With the launch imminent, these issues can only be put aside for the time being.

He has studied Pinxixi's group shopping model. The categories are single and the unit price avoids the core price range of Taobao and Jingdong. It seems that there is no intention to compete, but no one can predict what will happen in the future.

On the other side, Jingdong’s big boss Liu Dong was sitting in his office, thinking about Pin Xixi’s threat to him.

I thought of the young man I met at the Internet Conference two years ago. Not long after he founded Future Technology, I took him and talked for a long time.

Later I found out that he was also the CEO of Shanhai Capital.

Liu Dong rejected the other party's financing cooperation several times, but he did not expect that Chen Heyu actually created a new e-commerce platform.

"Is it unintentional? Or is it intentional?"

He thought that based on Pinxixi's current development trend, it looked more like a vertical e-commerce company focusing on low prices and single categories.

But he quickly thought that when Future Technology was first established, it also started with AI painting and gradually expanded the industry to the fields of audio, mobile phones, television, and film and television special effects production.

"Monitor this company and report any major situations to me at any time."

Liu Dong warned his subordinates.

"Brother Dong, Pinxixi is just a small company, there's no need to make such a fuss, right?"

The subordinate asked in confusion.

"The people behind it are not so ambitious. They are willing to only focus on the vertical track. When the time is right, they will definitely build a full-category e-mall."

Liu Dong said firmly.

Then he waved his hand and signaled the other party to do as he was told.

…

After Chen Heyu solved the biggest problem in the early stage of Pinxixi's development, he stayed in the company for two days to gain a deep understanding of the business scale and financial status, and everything was in order.

Huang Zheng’s abilities are truly incredible. No wonder he listed his company on the stock exchange in more than three years in his last life!

In this life, with his push, the speed will accelerate.

He plans to try to learn from Mr. Ma in 2017, go to beautiful countries and come back with a wave of success to prepare for future development.

"Third brother, something happened to your classmate and he is now in the hospital."

Pei Yi called, his tone anxious and a little embarrassed.

The third brother helped me to go to Qingyun, but I didn't handle such a small matter properly, damn it.
Chapter completed!