My Life Can Hang

They all have a common enemy, and that is Ahri.

Taobao and Tmall, which are owned by Ali, used to suppress Jingdong quite miserably.

Fortunately, Liu Qiangdong held on. He was stunned by relying on the logistics of many years of losses to establish his position as the B2C boss.

Liu Qiangdong didn't want to worry about the order, and said directly: "Mr. Chen might as well talk about your conditions."

"JD Daojia's business has little value in my eyes, but JD's business makes me more interested."

"Walmart is a shareholder of JD.com, and I think it might be a good idea to introduce Walmart as one of the investors."

"We will work together to make Cao Cao Suda bigger and go public in the United States."

Liu Qiangdong laughed dumbly: "Mr. Chen is confident, then tell me how the investment can satisfy you."

Chen Dongcheng was not polite and offered his own conditions.

"Jingdong invested [-] million US dollars, and handed over some of the business resources of JD.com to Cao Cao Suda."

"In addition, I hope President Liu will come forward and help Wal-Mart invest some money in."

Liu Qiangdong smiled: "Are you so sure that Walmart will be interested in you?"

"of course."

Chen Dongcheng smiled confidently and replied: "Walmart has always wanted to establish its own e-commerce form, but it is not a top-down "Taobao e-commerce" model."

"Instead, they use their stores as base stations to realize the O2O e-commerce model covering the consumption needs of surrounding scenarios."

"For Walmart, which has already established itself in the offline world, what they really lack is a strong delivery link.

It can match their key offline store network with the consumption needs of surrounding consumers online, shortening the time distance between consumers and stores.

Finally, the "last mile" in the closed loop from store to home is realized. "

Chen Dongcheng paused and smiled confidently: "The only one that can do it in the market and are willing to accept their investment is Cao Cao Suda."

Liu Qiangdong nodded from time to time, becoming more and more interested in Chen Dongcheng.

"If it wasn't for knowing that you don't know Yue Mingde, I would have some doubts that you have discussed cooperation in this area in advance."

Yue Mingde is the chief operating officer and president of Wal-Mart China, and he is very powerful.

Liu Qiangdong asked again, "How many shares can we get?"

"I can give JD.com 10% of the shares, and the Daojia business will be worth [-] million US dollars with the JD.com Group's business."

"Oh?"

Liu Qiangdong smiled half-smilingly: "Do you value Cao Cao Suda at $20 billion?"

Chen Dongcheng smiled and asked: "This valuation is very reasonable, isn't it?"

"Whether it's reasonable or not depends on how you measure it. Based on what you said before, I don't think this valuation is unacceptable."

Liu Qiangdong pondered for a moment: "However, 10% of the shares are too few, I want at least 20%."

"I only need one board seat, and I can help you arrange a meeting with Yue Mingde and help you get them."

"Yes, in this case, JD.com needs to spend 3 million US dollars."

"Money is not a problem, what I value is the potential of Cao Cao's speed."

"With Cao Cao Dianping, Pinduoduo, JD.com, and Walmart as the backing, Cao Cao Suda will surely become a leader in the field of instant delivery."

Liu Qiangdong is still very satisfied with this investment.

It can not only divest Daojia business from JD.com, but also attract Pinduoduo. Cao Cao commented on these two.

No matter how you look at it, Jingdong is not at a loss.

Simply developing JD Daojia will only lead to a dead end.

Holding a group for warmth is the most suitable model for JD.com to develop in the field of instant delivery.

After the two negotiated, they called Lu Guangyu and told Lu Guangyu the details of the negotiation.

Lu Guangyu was full of surprise, and quickly thanked the two bosses.

He was still worrying about new revenue growth channels before.

Only relying on Pinduoduo to comment with Cao Cao, the development will sooner or later enter a state of stagnation.

Now JD.com has extended an olive branch and expanded Cao Cao Suda's business boundaries at once.

Supermarket distribution is a business that Lu Guangyu has always been envious of.

If Wal-Mart is managed again, Cao Cao Suda's business lines will be richer, and the stories that can be described to investors will be more attractive.

Just the shareholders standing behind them are enough to amaze the outside world.

……

Cao Cao Suda took the initiative to announce the news to the outside world and announced the completion of the latest round of financing.

JD.com will value the Daojia business and some of its resources at US$1 million, with an additional investment of US$3 million.

After the investment was completed, JD.com obtained a 20% stake in Cao Caosu and became the second largest shareholder.

Soon a reporter came to interview, and Jingdong said that this was the best choice made from the perspective of the group's business development.

On the other side, Lu Guangyu and Chen Dongcheng, Liu Qiangdong met with Yue Mingde, the president of Wal-Mart China.

Yue Mingde is an old white man from Walmart Europe.

Don't look at Wal-Mart's market value of hundreds of billions of dollars.

Wal-Mart Huaxia has been in chaos.

The top executives frequently change coaches for Wal-Mart Huaxia, and Yue Mingde is already the third CEO.

The employees below are not optimistic about how long Yue Mingde can work.

Walmart's hometown in North America has been agitated by Amazon, and its performance in North America continues to be sluggish.

The performance of the Asian region is crucial to their annual financial report.

Yue Mingde, who just took office last year, has the primary task of increasing Wal-Mart's revenue in China and expanding new revenue-generating channels.

The growth of traditional offline stores is almost saturated, and there is only one way in front of Yue Mingde, embracing e-commerce.

Only through online orders can the performance of Walmart China be improved.

Yue Mingde has been carefully considering it before, including Walmart's opening of a store on JD.com, which is their step by step to test the water line.

Now the appearance of Cao Cao Suda, for Yue Mingde, is simply a desperate situation.

There is Cao Cao Suda in charge of distribution, which instantly makes up for Wal-Mart's weakest link.

Walmart can also use the online ordering and offline delivery model to increase the number of orders and boost sales in the sluggish Huaxia region.

After listening to Lu Guangyu's description, Yue Mingde made a decision directly.

"We can invest, and the valuation is based on JD.com's standards. Our strategic investment is US$5000 million."

Out of a prudent point of view, Yue Mingde did not directly store Cao Cao's speed.

With an investment of US$5000 million, only 2.5% of the shares are held, and even a board seat cannot be obtained.

"No problem, in terms of funds, Cao Cao Suda is not lacking now, what we lack is more business volume."

Lu Guangyu directly asked what he was most concerned about: "I want to know how many stores Walmart is willing to open to us in the early stage?"

"In Huaxia District, we have a total of 420 stores, and the first batch of pilot 40 stores is concentrated in Guangdong Province. What do you think?"

Yue Mingde is still relatively conservative, and first takes out one-tenth of the stores as a pilot project.

If it is really effective, it will not be too late to move other stores online one after another.

Even if the effect is average, it is nothing more than a failed investment.

Wal-Mart's business is huge, and it can afford to lose money.

Lu Guangyu understood what Yue Mingde meant, and nodded with a smile: "We're fine."

"This is Chen Wenyuan, the person in charge of our hypermarket in Huaxia District. He will discuss cooperation with you in detail."

Yue Mingde pointed to an Asian face beside him and introduced with a smile: "Wenyuan is a Singaporean Chinese, it will be more convenient to communicate with you."

Chen Wenyuan smiled at Lu Guangyu and Chen Dongcheng, and began to explain some of his thoughts on cooperation.

For example, the first batch of 80 stores to open will reserve a picking area of ​​about [-] square meters.

Walmart employees will prepare the goods in advance according to the order, and prepare the goods as quickly as possible, so that it is convenient for riders to pick up the goods and so on.

Lu Guangyu nodded again and again, this is a very good suggestion.

It can be seen that this Singaporean Chinese is quite capable.

Chen Dongcheng has been looking at Chen Wenyuan with intense interest in his eyes.

If he remembers correctly, this Chen Wenyuan is the fourth CEO of Walmart China.

It's just that he is still serving as a younger brother to the European guy Yue Mingde.

Including Walmart opening a store on JD.com, it is also Chen Wenyuan's proposal.

If Yue Mingde did not perform well and was taken down by the US headquarters, Chen Wenyuan would definitely be the No.1 choice.

As for the level of this person, Chen Dongcheng only remembers that there were media reports at that time.

Chen Wenyuan led Wal-Mart to achieve the best performance in its history in the past five years.

Chen Dongcheng watched Chen Wenyuan silently, and his heart was moved.

As for digging up Chen Wenyuan, where should he be arranged?

That's another thing Chen Dongcheng has been planning recently.

After finalizing Wal-Mart's investment, Lu Guangyu also breathed a sigh of relief.

JD.com, Wal-Mart, Pinduoduo, Cao Cao Dianping, four powerful allies stand behind Cao Cao Suda.

This lineup is already much stronger than Dada, which went public in the United States in history.

At least at that time, Dada did not help Pinduoduo with the food delivery business.

Just relying on JD.com and Walmart, Dada dared to go public in the United States.