I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 746 D Round Started
"I didn't expect that you are already 43 years old, Mr. Su? You are really young!"
Suhande gave him the impression of an older young man, and he thought he was definitely no more than 40 years old.
Now that he had met Professor Zheng, Jiang Hao finally realized his age: he was already 43 years old.
He looks really young! He looks about the same age as Brother Lu next to him, and Brother Lu even looks older because of his social attire.
With the two people's presence as a fulcrum, the four of them sat down and chatted harmoniously.
Su Hande talked more with Professor Zheng about his past at Shanghai University and was not in a hurry to discuss the financing valuation figures with Jiang Hao.
Later on, as more and more guests arrived, Jiang Hao couldn't spare the time.
Welcoming representatives of various investors and some major shareholders.
In this round of financing, the three big bosses from BAT were not present, but only sent vice presidents to represent.
After all, it was the last round of financing mentioned by Jiang Hao, and the valuation was too high.
Several companies do not dream of swallowing up Haijing by relying on equity, and even Haijing's equity is an AB share structure.
So in the end, almost all the people who showed up were representatives of the capital side.
In the large conference room on the 8th floor, Jiang Hao specifically asked Zhang Jing to find someone to redecorate the room for this round of financing.
All the tables, chairs and equipment have been upgraded again. The number of seats in the conference room has been reduced by 1/5, but the seating experience is indeed more luxurious and comfortable.
For the investors or old shareholders who have participated in several rounds of financing.
Each financing will be held at the same location, with different conference room styles to experience. We look forward to new and outstanding achievements of Haijing Technology.
At 1:30 in the afternoon, Jiang Hao had already turned on the projector screen in the conference room.
A series of specific data about sea whales also appeared in front of everyone.
“Welcome to the introduction meeting of Haijing’s D round of financing. Let me first tell you about Haijing’s achievements since the C round.”
"At present, the number of registered users of Haijing Technology, including Whale, has exceeded one billion, with a total of 2.7 million daily active users and 4.3 million monthly active users on the global platform..."
"Among them, the average daily active users of Haijing and Haijing Express platforms alone reached 1.46 million last month, ranking second among all platforms nationwide."
As soon as he finished speaking, there was quite a commotion at the scene.
"Wow~!"
"Pah pah pah~!"
After a burst of uproar, there was intense applause.
The combined data from multiple international platforms is already shocking to everyone, and reflects the absolute potential of Haijing in the international arena.
But in terms of actual impact, it is indeed not as influential as the Haijing domestic platform, whose daily active users have surpassed Baidu.
It jumped from the third place among domestic platforms to the second place.
Especially considering that Baidu has been operating for many years, while Haijing has only been around for just over 3 years.
The Internet industry has always been a winner-takes-all environment.
It’s just that WeChat, Haijing, and Baidu are different types of platforms after all, but there is still a big gap in valuation between the second and third.
Of course, WeChat, as the big brother, still dominates and is also the most important cornerstone of Tencent today.
"In the entire video and live broadcast industry, Haijing has a market share of 46%, and its market share in the live broadcast field alone is currently 76%..."
After all, in the entire field of video and live streaming, there are still several large video-on-demand websites, such as iQiyi and so on.
But Haijing still has the largest share. As long as it is an industry platform that can be connected with Haijing, 90% of the market is now occupied by Haijing.
Even the market share in the short video field did not appear in Jiang Hao's PPT presentation.
"Haijing's revenue has grown rapidly compared to the C round."
"Among them, the live e-commerce sector is the main profit point of the platform. As of the first half of this year, the revenue was 427 billion yuan and the net profit was 131 billion yuan."
"Entertainment and other derivative businesses have a revenue of 45 billion and a net profit of 16 billion as of the end of the first half of the year."
"That is, the platform's half-year revenue was 148 billion yuan, a 1200% increase compared to the same period last year. Excluding the company's daily operations and project investment, the net profit in the first half of the year was 69 billion yuan."
After all, business revenue must deduct personnel costs, including fixed server bandwidth fees.
In the end, the company still made a profit of 69 billion yuan in the first half of the year.
The estimated revenue for the whole year is around 140 billion, or 20 billion euros.
This number is already exaggerated!
In particular, Haijing is still in the expansion and development stage, and its business is still growing rapidly.
This number alone is enough to reflect Haijing’s profitability!
Live streaming combined with e-commerce is indeed a money-making tool.
This business alone directly crushes the total profit of all other branch businesses of the company.
At the same time, so far, more than 30 live-streaming anchors and regular live-streaming companies have joined Haijing in the past six months.
There are also hundreds of brands that have settled in Haijing and formed their own live streaming teams.
Haijing has built a huge platform, and now it is more about expanding this platform, and greater profits are yet to come.
Many people at the scene took out their mobile phones and took pictures of the data on the projection screen.
Jiang Hao did not provide many revenue-related data to potential investors in advance before financing, after all, it is quite sensitive.
All of them were announced at today's introductory meeting.
Of course, after these few days of financing, as long as the data he mentioned in the meeting is released, it will no longer have any impact.
Just like now, although it was an internal meeting, Jiang Hao did not restrict some people from taking photos.
The conversation lasted until about four in the afternoon, when the entire situation of the whales was finally fully explained.
Whether it is current data, revenue, or future development strategies, everything has been fully disclosed.
After all, it has reached the D round, and we have a rough idea of what we should show and the profitability of our main business.
Unless the listing process does not go smoothly, Haijing will not start the E round of financing.
……
In the office, President Su followed Jiang Hao into the office again.
On the coffee table beside the sofa, the cups of tea used in the morning were still there, and Xu Qingqing was tidying them up on the spot.
After the hospitality, Jiang Hao looked at Mr. Su in front of him again.
I was the first one to arrive at the company in the morning, and it is only now that both parties have gotten down to business.
"Mr. Jiang, may I ask you what you think about the listing of Haijing?"
“Are you planning to list on the Hong Kong stock market or on Nasdaq?”
We didn't talk about valuation directly, but instead talked about the options and arrangements for listing.
Jiang Hao personally has a favorable impression of both markets.
His first company, Totoro, was listed on NASDAQ, and his second one will be listed on the Hong Kong stock market.
To be honest, there is not much difference.
The size of both markets is definitely large enough to support the share price of Haijing Technology and complete IPO financing of sufficient funds.
"Which market would you recommend, Mr. Su?"
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