Fooling Huayu for Thirty Years

Chapter 608 Financial Tycoon Wang Yuxian? Some are riding high, while others are so angry they have stomach hemorrhages!

A $50 million financing round.

In Ma Xun's eyes, this was nothing, but for Jing Dong now, it was extraordinary.

First of all, this is Jingdong's first overseas financing.

That's absolutely true. There was international capital involved before, but it's clear that even if investment was provided, the conditions offered would be extremely harsh.

After all, in many people's eyes, our Qiangzi is just a hard drive seller.

It's true that we can't blame others too much for this, since the current state of e-commerce in China is truly vibrant and diverse.

There are so many e-commerce platforms in China, but I believe many people don't know that 8848 is the real pioneer.

However, the current e-commerce companies in my country are still quite weak.

Not to mention the rampant counterfeit goods on Taobao, there isn't even a Singles' Day yet.

Of course, the potential is enormous, just like Taobao, which received overseas funding early on, from Yahoo.

Actually, many people don't know that Yahoo can hardly be considered an internet company anymore. The website is really dead, and they've become more or less a financial company.

Later, things got a bit messy with the money.

Unfortunately, the money was actually being controlled by Sun Zhengyi behind the scenes; he was trying to secretly broker the deal.

But outsiders certainly don't know how many details are involved.

Everyone can see his potential, and he certainly has the ability, but he's not very strong yet.

When people talk about e-commerce these days, even though not many people in China use it, they still mention Amazon and eBay.

To be honest, eBay did try to expand into the Chinese market, but it visibly failed very quickly.

Regardless, many people still respect American companies.

Returning to the current state of Jingdong, this online shopping platform is really quite mediocre.

They mainly deal in computer-related products, but in terms of scale, they're not even as big as Li Guoqing and his wife's Dangdang.

Therefore, it is very difficult for Jingdong to raise funds.

On the other hand, it is small in scale, and the IT hardware industry has been severely impacted by the financial crisis.

Many companies have gone out of business. You can see many empty booths in Zhongguancun. In fact, many large distributors have gone bankrupt.

Even those in the industry are wondering if Jingdong will also go under.

The key issues are the current economic environment, the difficulty in securing financing, and the dismal state of the IT hardware market.

It's so hard to raise funds!
Therefore, Jingdong really needs a sum of money.

A large sum of money.

5000 million, in US dollars!

That's quite a lot!
So, with such successful fundraising, they're bound to do something.

Simply issuing an announcement won't do; we must hold a grand banquet.

Calling it a victory celebration banquet doesn't quite fit.

It should be called cooperating with high-quality overseas capital!
That's right, the name is Jingdong Overseas Strategic Financial Cooperation Conference!

Just listen to this name, how powerful it is!

We must go all out and bring in top-tier online shopping platforms.

Especially the one who looks like an alien.

As for the others, needless to say, business owners in the entertainment industry and those in the physical business sector will definitely have to come.

Of course, even if you invite them, whether they come or not is another matter.

But some people must be present, such as Ma Xun.

The banquet was held at the Overseas Chinese Hotel, which is a very upscale place, and more importantly, it's a good venue for international audiences.

This is international cooperation, isn't it?

Just for now...

"I'm telling you, Daqiangzi, aren't you being a little too cautious? I completely trust you."

“Brother Ma, of course I believe that. I have never doubted your trust. But this company doesn’t belong to me alone.”

"What you're saying is..."

"Brother Ma, 37 points is already quite a lot. I'm almost not as good as you anymore."

"Daqiangzi, don't worry. I'm not here to take the company from you. Jingdong is still yours. I only invested money because I believe in you."

"I absolutely believe that! I have no doubts! Brother Ma, just wait and see how Jingdong performs in the future! I'm already preparing to expand our business scope!"

"Alright! Daqiangzi, we've been through the wringer of the Chinese internet industry, so keep your spirits up! Don't embarrass yourselves!"

"Don't worry, Brother Ma!"

This sounds familiar... Daqiangzi feels like he's heard it somewhere before.

Ahem, of course, not losing face isn't the point. The point is that Ma Xun keeps saying "Da Qiangzi" (a type of Chinese liquor).

Although Jingdong is not a large company yet, not just anyone can call itself that.

Is "Da Qiangzi" a nickname that can be used casually?

That is, Ma Xun.

For Da Qiangzi now, Ma Xun is practically a second parent.

They invested a whopping $5000 million!

Of course, on the surface, this money wasn't invested by Ma Xun; it was actually...

"Hey, what are you guys talking about?"

A tall, beautiful woman with captivating charm walked by.

Wang Xuxian!
Yes, that's her.

In recent years, she seemed to have faded out of the entertainment industry, but she has reappeared as an international financial tycoon!

How can this be justified?

Needless to say, the moment the news came out that Wang Xuxian was the manager of this overseas fund...

The entertainment industry, the financial industry, the business world... basically, many circles were in an uproar.

The happiest people are the journalists, given such a pessimistic economic backdrop.

Finally, a major news story in the entertainment industry related to economics has emerged that can attract attention!

Oh, this... seems a little strange, but who cares about that now?

Okay, I have to say that this investment itself cannot solve the current economic problems, and this news itself is more of a gossip story.

However, this period of pessimism was tempered with a touch of optimism.

That makes some sense.

For example, some historians in later generations have found through many studies that although Emperor Wuzong of Ming, Zhu Houzhao, was criticized as worthless in official history, many of his actions brought a lot of vitality to the then stagnant Ming Dynasty.

Just like the play "The Dragon Plays with the Phoenix," it truly has historical backing.

Of course, the History of Ming was compiled by the Manchus. Who knows how much they could distort it? When Zhu Houzhao fought a battle, those Manchus recorded more than a dozen deaths and injuries.

Forget about those historical events.

As soon as Wang Xunxian appeared, he became very intimate with Ma Xun. Although they were chatting with Da Qiangzi, their actions were clearly unusual. This caused a stir among the reporters, but fortunately, they couldn't go too far in this setting, so they only asked simple questions.

But many photos were also taken.

But under these circumstances... the entertainment industry bosses attending this banquet are quite interesting.

"I heard that Lin Jianyue, that fat guy, drank too much and got a stomach hemorrhage."

"real or fake?"

"It's definitely true. It would be strange if this guy didn't vomit blood. They're silencing the Hong Kong reporters right now."

"Ho, that's a lot of money."

"Fortunately, their family is very wealthy."

"Let's just forget about what happened back then. The more successful Wang Zuxian is now, the more distressed Lin Jianyue and his mother will be."

Good heavens, just from that, Lin Jianyue is already...

That's the principle, as Ma Xun clearly explained before.

Seeing Wang Xuxian like this now, Lin Jianyue doesn't actually regret it; he just feels incredibly ashamed.

That kind of guy wouldn't mistake you.

But right now... Anyway, while others don't know, Ma Xun knows very well that Wang Xunxian doesn't care about Lin Jianyue at all.

Just like this time when she came back, she went straight to him and wanted to have more children.

It's really... even Ma Xun is finding it a bit hard to handle.

Anyway, Xiaoqian's idea is that while she can still have children, she should try her best to have more.

This puts a lot of pressure on Ma Xun.

Of course, quite a few of the bosses attending the banquet were at odds with Ma Xun.

"Hmph! How did this guy suddenly become so rich?"

These words were spoken by Sun Donghai. It was difficult to say anything too outrageous, since he and Ma Xun had a past relationship.

But for now...

"Did he make money during this financial crisis?"

The person who told this story was Bai Daqing.

He came to see if he could do advertising business.

In recent years, Bai Daqing's business has been doing poorly, but he has no choice but to stick to his original business methods.

In fact, many people in the capital are like this.

They started out through some method or channel, and then they remained unchanged.

This is normal, it's path dependence.

However, times change.

The paths that were once accessible may soon become impassable.

Therefore, in this business district of Beijing, it's not uncommon for some veteran to suddenly become unsuccessful.

Can't keep up with the times.

Bai Daqing didn't want things to be this way. He was trying, but he couldn't see any good results.

Others present included Accountant Jia, Qin Hong, General Manager Li, and others.

Qin Hong came on behalf of his brother.

Accountant Jia and General Manager Li...

Actually, Accountant Jia just wanted to prove whether Ma Xun had really made that much money.

Looking at Wang Xuxian and that Boss Liu's behavior over there... Accountant Jia felt extremely uncomfortable.

Why not me?
Yes, this is what you call uncomfortable.

But there's nothing I can do, it's just not you.

But Accountant Jia didn't give up; he brought up something.

"Who is that?"

"Who?"

"Wang Kena? Where has he gone?"

"I...I really don't know."

Those guys are so confused.

But then, something happened that upset them.

Feng Xiaogang has appeared!

The key point is that as soon as he appeared, he ignored Accountant Jia and his group and went straight to find Ma Xun.

Okay, on the surface he was talking to Wang Xunxian about movies. They knew each other back then, especially Feng Xiaogang's good friend Ge You. They were all acquaintances.

But who doesn't understand?
Is Feng Xiaogang really going to completely side with Ma Xun?
Fuck!

Accountant Jia was furious!

If he weren't here, he would be grimacing.

But even here... let's drink!
That's right, people drink alcohol when they're angry.

Hmm, he might be the next one to suffer a stomach hemorrhage.

……

Ma Xun spoke a few words to Feng Xiaogang and understood what he meant.

But let's stop here for now.

Ma Xun wasn't in a hurry because he knew very well that Feng Xiaogang's next major work, which he particularly wanted to make, was "1942".

The problem with this film is... the investment was a bit too large.

Actually, the movie set in the original timeline was very well-made, and the actors' performances were flawless.

Moreover, it also reveals the historical truth of that time.

You know, that bald guy is a real scoundrel.

However, given the scale of this investment, from a business perspective, Ma Xun... shouldn't rush into it.

This is a normal reaction.

So he decided to quit.

But just as he stepped out, intending to leave the banquet, he never expected...

He actually ran into someone.

Yeah, a bald guy.

"Mr. Ma, haha... Hello, I've heard so much about you, Mr. Ma."

Huang Guangyu.

(End of this chapter)