Rebirth 2010: I'll be a big shot

Chapter 156: Rip the old horse off hard

Author: This month once Teru Furukawa

Chapter 156: Rip the old horse off hard

Shanghai City.

Pinxixi headquarters.

Huang Zheng rubbed his swollen head. When the company was founded, Shanhai Capital had a completely hands-off attitude as a shopkeeper. He needed to do all the daily operations and management matters himself.

One month after the APP was launched, the order volume achieved three step breakthroughs!

From 0 to 10,000 orders per day!

And then the average daily orders is 50,000!

Eventually, the daily average was 100,000 orders!

The miraculous rise has shocked the entire e-commerce circle, and many people have inquired about the company's background and the resume of the person in charge.

Want to see what kind of magical energy there is?

"It's a pity that it's too late. Please help me ask if the other party still needs financing?"

"The father of Taobao," Sun Tong told his assistant.

Although he already had the answer in his mind, how could he accept his investment with Shanhai Capital as his backing?

Sure enough, a few days later, Pin Xixi's rejection came. Sun Tong could only shake his head helplessly, feeling that he had missed something, as if it was very important to him.

Two years ago, small merchants who were abandoned by Taobao quickly adapted to Pin Xixi's gameplay. With ultra-low prices and magical new social fission gameplay, sales took off suddenly.

"Old friends, let's go fight for Xixi together! The order volume is so fierce!"

"I don't believe you have the ability to intercept the background."

"Sales data.jpg. Did you see it? I sold 30,000 orders in a month. Just make money."

"Prepare the sacks and come to collect money Xixi!"

In some e-commerce exchange groups, people constantly pop up to show off their sales and sales, attracting interested merchants to join Pinxixi.

Of course, it is inevitable that there will be a large number of navy troops involved.

"Mr. Huang, all the links to our group fights have been blocked by Penguin."

The subordinate called and said anxiously.

Leaving aside the orders brought by paid traffic, free group sharing orders account for more than half of Pinxixi’s daily orders.

"Well, I'll take care of it."

Huang Zheng said in a relaxed tone.

After hanging up the phone, his mind was spinning rapidly. He was from the Hangzhou business district and his relationship with Penguin was not harmonious.

He needs a springboard to have a chance to solve this problem.

So I found a local business boss in Shanghai to help connect people. Who would have thought that WeChat would not give him any face at all.

In desperation, Huang Zheng still dialed Chen Heyu's phone: "Hello, Mr. Chen, this is Huang Zheng.

The company is in trouble, WeChat has blocked all our product sharing links and price bargaining links.”

"Okay, I understand and will reply to you as soon as possible."

When Chen Heyu heard this, he considered the complex chain of interests behind it.

I wanted to do something on Penguin's territory, but it couldn't be justified without paying some protection fees. I immediately called Mr. Liu from Penguin Capital:

"Mr. Liu, I have a new company that has just been established. Is Penguin interested in getting an angel round?"

He was straightforward.

He didn't even mention Pinxixi's link issues. As long as Penguin is interested in investing, these are just minor issues.

"Fight Xixi?"

Mr. Liu asked in surprise.

As a new e-commerce platform, its weak magnitude was not within the scope of his observation, but as the largest shareholder, Shanhai Capital still attracted his attention.

You know, after Chen Heyu entered the business world, whether it was the companies he founded or the investment projects, the profitability level was astonishing.

The terrifying income from several times to dozens of times is even better than that of a professional venture capital boss like him.

Of course he doesn't want to miss out on the other party's company.

"Yes, I will return to Shanghai tomorrow. If Mr. Liu is interested, we will contact you then."

Chen Heyu didn't rush, and his tone was light and airy, as if he cared, but also didn't seem to care.

"No problem, I'll ask my assistant to cancel the schedule and see you tomorrow."

Mr. Liu readily agreed.

Penguin was in a particularly good mood. Penguin made ten times the profit from Kangaroo's investment project. Even though he was having a fierce fight with Berry Group at the moment, he still believed that the final winner of the food delivery track must be Kangaroo.

The next day.

14:00.

Pinxixi headquarters, in front of a thirty-story high-rise building.

When Chen Heyu got out of the car, he saw Mr. Liu waiting outside the door. He hurriedly stepped forward and held his hand.

"How can you let Mr. Liu wait outside? Whoever is responsible for reception will be fired directly."

He said with a cold face, pretending to be angry, to give the other party face.

"Mr. Chen, I insisted on waiting for you, don't blame the people below."

Mr. Liu wiped the fine beads of sweat on his forehead with a gesture that was sufficient.

He knew that Chen Heyu was no longer the young boy he was two years ago. He could arm-wrestle with the big boss behind him just by relying on Future Technology.

His influence involves the photo editing industry, mobile phone, television and audio manufacturing industries, and he has achieved great success in overseas markets, making money like crazy.

This trip is said to be an investment in Pinxixi, but in fact it is a powerful alliance between Shanhai Capital and Penguin Capital, intending to create a new platform and compete for market share in the e-commerce industry.

"Mr. Liu, let's go in together. Frankly speaking, this is my first time here too."

Chen Heyu said with a smile.

Then, under the leadership of Huang Zheng, we visited the layout of the building and the location of each department, and introduced Pinxixi’s business model and core gameplay.

"Mr. Chen, what do you mean, the property rights of this building belong to Shanhai Capital?"

Mr. Liu asked with surprise.

"I made some small money last year, but I feel uneasy if I don't buy a house. This building has 30 floors and a total construction area of ​​72,000 square meters, which is enough for Xixi to develop and go public."

Chen Heyu wrote lightly.

After hearing this, Mr. Liu calculated the price and couldn't help but shake his head, showing envy. At least a billion dollars would become a small amount of money in the other person's mouth.

He really knows how to pretend!

The stronger Shanhai Capital is, the greater Penguin’s sincerity in cooperation will be. Invisibly, Mr. Liu will pay more attention to the following negotiations.

"Mr. Chen, the company attaches great importance to this cooperation. How much equity are you willing to transfer?"

Mr. Liu asked first.

"Don't worry, Mr. Huang, help find a conference room and we can talk slowly."

Chen Heyu waved his hand and interrupted the other party directly.

Does he lack the penguin's money?

What he covets is that WeChat has more than 500 million users, which is simply a natural social e-commerce incubation tool.

Mr. Liu smiled awkwardly.

Huang Zheng saw that he had good eyesight and quickly led a group of people into a bright office.

"Mr. Liu, I want the traffic entrance of WeChat Jiugongge, which is a prerequisite for today's financing matter.

If you don't have the authority, help me make an appointment with Mr. Ma, and I'll go over and talk in person."

Chen Heyu got straight to the point without any scruples.

"No problem, as long as we reach a cooperation, we can sign for three years first and let Pin Xixi enjoy the same treatment as Jingdong.

Penguin’s sincerity is here, I wonder how much equity you plan to give?”

Mr. Liu was well prepared and said confidently.

"Angel round, 10% equity, WeChat's traffic cooperation will be signed for five years, and an additional 500 million Chinese dollars will be added."

Chen Heyu said calmly.

Pinxixi has been online for more than a month, and its valuation is sky-high. It is only 300 million Chinese dollars. The conditions proposed by Chen Heyu are equivalent to setting the valuation at 5 billion Chinese dollars.

The requirements are extremely excessive!

"The equity ratio is acceptable, but I can't agree with the valuation."

Mr. Liu shook his head and said.

Huang Zheng was also stunned. Chen Heyu had not disclosed this price to him before. In his opinion, it was also a sky-high price.

"Mr. Liu, Pinxixi cannot use current data to evaluate. Next month, I will use resources in other fields to promote its development.

The valuation of 5 billion is far lower than my expectations for it. This is also a friendly price for Penguin.

Otherwise, it’s unclear whether Penguin will be able to obtain a financing quota in a few months.”

Chen Heyu looked like he had suffered a big loss.

Mr. Liu was silent for a moment, then raised his head and said, "Sorry, I'll excuse you for a few minutes. We'll talk to you later."

Then, he stood up and left the room. It was obviously Chen Heyu's request. He couldn't make the decision independently and needed the big boss's nod.

"Mr. Chen, the other party will definitely not agree to this valuation."

Huang Zheng expressed his judgment.

"Lao Ma will agree."

Chen Heyu smiled.

Social Ma’s ambition for e-commerce has never been extinguished. Starting from Paipai.com, Taobao, Yixun, and Jingdong all have the shadow of Penguin.

It was only after Taobao became bigger that there was a trend of opposition.

At this time, he was still competing with e-commerce companies in the taxi-hailing field, so how could he miss the opportunity to invest in Pinxixi.

(End of chapter)