looks.

It seems that Jingdong's chips are higher.

"Let's talk about it, everyone, support Ahri, it's still a shock." Zhang Shuo didn't rush to a conclusion.

"I support Jingdong." Zhao Xiaohu was the first to speak, "The reason is also very simple. The group is not short of money now, and investing in Jingdong can obtain longer-term and richer returns."

With Weixin getting out of the circle, Qinghe Technology is no longer the oil bottle of the Germination Group, but has become a major growth engine of the group, and Zhao Xiaohu has become confident in speaking.

"I support Ahri."

Zhao Mingchuan has a different opinion, "Now that the e-commerce competition is so fierce, it is still unknown whether Jingdong can develop in the future. It is better to get the 500 billion and be safe."

E-commerce is indeed very cumbersome, and Jingdong has indeed been losing money.

Not to mention that Zhao Mingchuan couldn't predict the development of Jingdong in the next ten years, even Zhao Xiaohu, Jiang Yue, Lu Kai and others present here must have doubts about Jingdong's future.

But everyone is a confident person. I believe that with the support of Germination, Jingdong will definitely be able to do it.

"Besides, because of Wei Xin's departure from the circle, we have already become the de facto sworn enemy with Teng Da. If we get into trouble with Ari and get into trouble with the two giants at the same time, the pressure will be great."

Zhao Ming rumored his concerns.

The reason why giants are giants is not only because of their high market value, but also because of their intricate network of relationships in the Internet industry, including the investment circle.

If you really want to make up your mind to wear small shoes for Germination, it will be really difficult.

"It makes sense."

Zhang Shuo nodded, this was also his biggest concern before.

It is impossible for Germination to develop without making enemies, but you must also pay attention to the scale. If you are not strong enough, you will offend Scarlet Capital, Tengda, Ahri one after another...

Just thinking about it gives me a headache.

"I support Shocked Winter."

Jiang Yue followed suit and did not change her point of view because of Zhang Shuo's attitude.

"My consideration is not which of the two chips is more valuable. I am worried that once Ari gets Weixin's traffic support, it is likely to continue to expand its market share in the e-commerce field, and even become an exclusive company. Big, and then let the shocking winter, including Pinxixi, which the group is incubating, have no living space. For 500 billion, it is still paid in five years, ruining the entire e-commerce business of the group, it is definitely not worth it.”

There is no doubt that Jiang Yue's pattern is bigger.

"What do you think, Boss Lu?"

Zhang Shuo agreed with Jiang Yue's opinion, and finally turned to Lu Kai.

"Why can't we have both?"

As the rotating president, Lu Kai sometimes subconsciously likes to put on airs, deliberately landing the last speech, and the words are amazing.

"You want both, what do you say?" Zhang Shuo also became interested.

"This is what I think. Can I give Jingdong the first-level entrance to obtain 25% of Jingdong's shares? And then reserve a place for Ari in the shopping and consumption column of the second-level entrance. Of course, the price can be negotiated."

However, Lu Kai's appetite was bigger than those present.

"There is another advantage to doing this. Just like Mr. Jiang said just now, it can effectively balance the strength comparison between Ari and Jingdong, and properly support Jingdong, which is also conducive to the establishment of a new pattern of e-commerce."

"It's not impossible."

After being said by Lu Kai, Zhang Shuo also had a bit of recollection.

Yes.

Why choose one of the two, can't you have both?

The original Space-Time Tengda has successively invested in Jingdong, Pinxixi, Weipinhui and other e-commerce companies only in the e-commerce business, isn't it still living a good life?

It is not necessary to say hanged from only one tree.

Jiang Yue and the others were also very impressed, or they were frightened by Lu Kai's appetite.

"The question is, will Ari agree to only get one secondary entrance?" Zhao Mingchuan raised his concerns.

For Ahri, this is not only as simple as the second-level entrance, but also accepting the fact that the challenger Jing Dong has obtained the first-level entrance is tantamount to double suffering.

"Ari has no choice."

Lu Kai is confident, "Either accept the second-level entrance, or accept empty-handed. Weixin traffic is now the one that is in demand. There are too many monks and too few porridge, it's as simple as that."

Zhao Xiaohu and the others laughed.

Yes, it was Weixin's great success that gave Meng Ya the confidence to bargain. Even when facing a giant like Ari, she was not shy at all, and she could do whatever she wanted.

"Is Ren Xiaoyao still in Binhai City?" Zhang Shuo asked.

"Still."

Lu Kai smiled and said, "Ah Li is very determined this time, and Ren Xiaoyao is going all out."

"In that case, you first inform Ren Xiaoyao of our decision. If Ahri can accept such an arrangement, then continue to negotiate the price of the second-level entrance; if you don't accept it, then there is nothing I can do."

Zhang Shuo obviously approved of Lu Kai's suggestion.

"it is good!"

Lu Kai also understood.

.........

"???"

Ren Xiaoyao waited for Lu Kai's reply at the hotel, and did not dare to neglect, so he called the uncle directly to report.

"Merging is trying to kill two birds with one stone."

The uncle didn't expect that he had sacrificed 500 billion chips, but what he waited for was such a result.

It is impossible not to be disappointed.

"Is this the final decision of Germination?" The uncle was still a little unwilling.

"Yes." Ren Xiaoyao was also very frustrated, "Lu Kai, the rotating president of Germination, personally notified me that Germination has decided to reach a strategic cooperation with Jingdong, and we have no choice."

"..."

The uncle's expression froze, it had been a long time since he had received such a cold reception.

"Then, boss, what is your decision?" Ren Xiaoyao asked cautiously.

"The second-level entrance is the second-level entrance."

Although the uncle is uncomfortable, he will not dare to act on his emotions. It is better than nothing, "With a body like Hang Jingdong, even if the traffic support it receives is better than ours, there will be no big waves."

As for Jingdong, the uncle usually looks down on him.

Even jokes.

The existence of Ahri can breed many frightened winters, implying that frightened winters are just Ahri's children.

"That's right, even if we get a second-level entrance, given Ahri's reputation and volume among users, the traffic we actually get may not be lower than Jingdong." Ren Xiaoyao also followed suit.

Traffic entry ≠ real traffic.

This is common sense.

It's like the rare recommended slots. For the same recommended slot, Huoshu can gain tens of thousands of favorites, while those that are not popular may only have one or two thousand favorites.

.........

Winter's Headquarters.

Compared with Ahri's mixed flavors, Jingdong was overjoyed. After getting the reply from Germination, Brother Dong didn't say anything, and directly asked people to book a ticket to Binhai City.

He has to sign the contract himself.

I didn't talk about it in person before, but I didn't report any expectations for this cooperation.

Before contacting Germinal, Brother Dong had already communicated with Jingdong's main shareholders, but before flying to Binhai City, he still convened a temporary board of directors and notified Germinal's decision.

"it is good!!!"

The directors of Jingdong are also very happy to see this matter, and they passed it unanimously.

Although the capital is greedy, they are not all fools. They know that the introduction of the strategic investor Germination, although it will dilute their shares, can take the opportunity to make the cake of Jingdong bigger.

The actual income will only be more.

Although they are eager to cash out and make a profit, they still have the endurance in three to two years. If Jingdong can seize this opportunity, Jingdong can be promoted to go public in three or two years.

Then it is their harvest season.

.........

Monday, May 3.

Zhang Shuo finally met Ren Xiaoyao in the office.

During the weekend, Lu Kai had met with Ren Xiaoyao three times, and roughly formed a new contract term for the new cooperation between Ari and Germination.

In order to obtain Weixin's secondary entrance, Ari needs to pay 350 billion.

The total price has been reduced by 150 billion, and Germination has also put forward a new requirement, that is, instead of paying it in five years, it must be paid within three years.

The down payment is 150 billion, and the second and third years pay 100 billion each.

The reason is also very simple.

Three to five years later, the 200 billion is probably no longer in the eyes of Germination, and it is meaningless at all.

Originally, Zhang Shuo wanted to pay in two years, but Ren Xiaoyao firmly opposed it.

Regardless of the great business of the Ari family, it is already very difficult to come up with 150 billion working capital in one go, and some financial means must be used to raise it.

There is simply not so much money on the books.

If it is compressed to pay in two years, Ahri will not be able to engage in other investment businesses in the past two years.

Light worked for Sprout.

You must know that Ahri in 2012 was incomparable with Tenda and Qiandu in terms of profitability. Tenda could make more than [-] billion a year in profit, while Ari only had a net profit of tens of billions a year.

It will usher in a big explosion after it goes public.

Therefore, after seeing Zhang Shuo, Ren Xiaoyao asked again: "Mr. Zhang, do you think this is okay? The down payment will be changed to 100 billion, and the balance payment will be 150 billion in the third year, how about it?"

"Ari is under a lot of financial pressure?" Zhang Shuo's eyes seemed to have seen through everything.

"There are some."

They are all smart people, and Ren Xiaoyao didn't hide it.

"In this case, I have a proposal." Zhang Shuo said.

"You say."

"The down payment is still 150 billion, but the 20 billion of it can be replaced by a 20% stake in Haode Map." It has always been a pain in Zhang Shuo's heart to be robbed of Haode Map by Ali.

It’s not that he is optimistic about the profit prospects of Haode Maps, but that the map navigation business is one of the infrastructures of the local life service business, and it will be closely connected with taxi-hailing, smart cars and other businesses in the future.

Before and after sprouting, more than one billion funds were used to obtain 25% of the shares of Haode Map.

This shareholding ratio is very dangerous. In case one day, Ari really wants to make a fuss on the map of Haode and play tricks, it is likely to put Qingcheng Group in a dangerous situation.

Although Ari has always promised not to terminate the cooperation with Qingcheng, he must be on guard against others.

If we can take advantage of this cooperation opportunity to obtain a 20% stake in Haode Map from Ari, the situation will be greatly improved, with Mengya holding 45% and Ari holding 55%.

Although Ari is still the controlling shareholder, he certainly cannot do whatever he wants.

As for why Zhang Shuo didn't take the opportunity to ask for 30%, or even take all the remaining shares of Haode Map?

It's not that I don't want to, but I can't.

Ahri itself is a company with a strong desire for control, and the map navigation business is also one of the foundations of Ahri, so it is absolutely impossible to just give it up.

Even now Ahri needs Germination.

Zhang Shuo is obviously very smart, as long as he only needs 20% of the shares, while increasing the shareholding ratio of Germination, he also wisely does not challenge Ahri's controlling stake, which can be regarded as giving Ahri enough face.

Moreover, it did not take advantage of Ahri in terms of valuation, and directly gave a valuation of tens of billions.

This moment, that moment.

At that time, Mengya teamed up with Ari to privatize and delist the Haode map. To be honest, it took advantage of the policy, which was a bargain-hunting operation.

But there is always a time when cheapness is exhausted.

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