My Life Can Hang
Page 602
After PayPal's independent split, the market value rose very fiercely.
Ant Financial, which owns Alipay, has seen its valuation soar.
Now only with a valuation of hundreds of billions of dollars, can you be eligible to enter the market.
In contrast, the threshold for Cao Cao Finance is much lower.
This threshold is relatively low.
For ordinary companies, they will never have the opportunity to touch this threshold in their lifetime.
The valuation after investment is as high as 150 billion US dollars!
A round of financing of 15 billion US dollars!
It's not that they're crazy.
It is the vigorous development of the domestic third-party payment market, which gives them confidence.
"Mr. Chen, I finally have the opportunity to chat with you through the project of Cao Cao Finance."
Wei Zhen, president of Huaxia District of Warburg Pincus, joked: "When there is time, Mr. Chen will also take out Douyin and let us all vote."
"That is, Douyin is a well-known good project. If there is financing, Mr. Chen can't be cheap to outsiders."
Wu Yibing, president of Temasek’s China region, is also very interested in Douyin.
These top PEs are interested in projects of this level of Douyin, but they have not found a suitable opportunity to enter the market.
"Please rest assured, if Douyin opens financing, you will be notified in advance."
Chen Dongcheng touched a glass with them and said with a smile, "Today is the celebration banquet of Cao Cao Finance, we won't talk about other business."
Everyone shook their heads helplessly, knowing that Chen Dongcheng didn't want to take out Douyin for financing now.
However, if you tell me in advance, it can be considered to occupy a seat in advance, so that you can't even drink some soup when you get it.
The news that Cao Cao Finance completed the financing quickly spread.
Zhu Zijing learned the lesson from the last time, and specially held a meeting with the executives to emphasize that he must not form an arrogant atmosphere in the company.
Now the position of Cao Cao's payment is very dangerous, and he faces a run on WeChat and Alipay at any time.
There is also a row of strong opponents behind, trying to overthrow them.
This financing can only be said to be a recognition of their previous achievements.
If they want to go further, they need to make more efforts.
The $15 billion that Cao Cao Finance got is very crucial.
Some of the original plans can be implemented.
According to Zhu Zijing's plan, he will set up an investment department to invest in some projects closely related to his own business.
Throughout the growth of payment giants, they are inseparable from the support of e-commerce.
PayPal absorbed the nutrition of eBay and became a payment giant with a market value of more than 500 billion US dollars.
Alipay was forcibly split by Lao Ma, and he did not hesitate to go to court with many Ali shareholders for this.
Facts have proved that the old horse bet right.
Alipay, relying on Taobao's rapid growth, has become a domestic payment giant today.
Therefore, if Cao Cao Pay wants to grow, it must have an e-commerce giant by its side.
JD.com doesn't need to think about it unless Cao Cao Finance is willing to accept JD.com's shareholding.
They also have JD Finance themselves, so they don't have to do that thankless thing.
To say that there is no ready-made e-commerce company that is willing to accept Cao Cao financial investment.
Zhu Zijing thought of Pinduoduo almost immediately.
Want to ask Pinduoduo for lack of money?
Definitely missing.
But not so urgent.
It's good to have a cool back against a big tree. This sentence is true in Pinduoduo.
Whether it’s WeChat, Cao Cao Pay, or Douyin, Pinduoduo’s traffic entry is given.
The development speed of Pinduoduo did not disappoint them.
As of the end of September, Pinduoduo's annual transaction volume has exceeded the threshold of 36 billion, and the order volume has exceeded [-] billion.
If Cao Cao Finance wants to consolidate its relationship with Pinduoduo, investing in the other party is the best choice.
Zhu Zijing just wanted to make a call to Zhuang Manting, and let him know.
But looking at the time on the phone, it was past twelve o'clock.
"It's really too much to drink, and my head is stupid."
Zhu Zijing patted his forehead and shook his head with a wry smile.
At the end of the banquet, Zhuang Manting left with Chen Dongcheng.
Calling the boss at this time, isn't that killing it?
The next morning, Zhu Zijing came to Century Building early.
When I came to the 24th floor, I didn't find the boss.
It was not until close to 09:30 that Chen Dongcheng arrived late.
Glancing at Zhu Zijing, who was hesitant to speak, Chen Dongcheng brought him into his office.
Xie Jingyu waited by the side after making tea for the two of them.
Zhu Zijing took a sip of tea and explained his purpose directly: "Chen Dong, I want to invest in Pinduoduo, and I need your help to match it."
"Well, let's talk about your thoughts first." Chen Dongcheng drank his tea in a hurry.
"That's right, I asked my subordinates for a data report yesterday, and found that Pinduoduo's transaction scale has grown very rapidly.
It is expected that the annual transaction volume of this year should be around 1800 billion RMB, and the monthly active users will be around [-] million. "
Zhu Zijing has bright eyes and speaks at a moderate pace: "Especially since this year, Taobao's pressure on Pinduoduo has increased.
I think this is the signal that Taobao is afraid.
Pinduoduo is a model of grouping at low prices.
Especially in the sinking market, I have to admit that Zhuang's team is very effective.
The market that Taobao did not win was actually eaten by them. "
"In addition to the fact that domestic housing prices have been rising year after year, young people are generally cramped.
We have a rather surprising discovery.
Even in first- and second-tier cities, many young users choose to place orders on Pinduoduo. "
"If we raise the perspective to the whole country, we find that in third- and fourth-tier cities, and even townships, Pinduoduo has the largest proportion of users."
"After our forecast, Pinduoduo is expected to double its total turnover next year, reaching a scale of around 5000 billion.
If we can get the priority of all online transactions on Pinduoduo, the benefits are huge. "
Chen Dongcheng nodded and said with a smile, "It seems that you didn't make an impulsive decision, but Pinduoduo's next round of financing is relatively large. If you are interested, you can subscribe for a portion."
"Oh?"
Zhu Zijing was really curious: "I plan to provide 5 million US dollars to the investment department of Cao Cao Finance, but it is rare that I can't win 5% of Pinduoduo's shares?"
Zhu Zijing believes that the valuation of Pinduoduo is only 100 billion US dollars, and it is a bit exaggerated.
Chen Dongcheng smiled and shook his head: "Not enough, I talked to President Zhuang, Pinduoduo will be listed next year.
The post-investment valuation of the pre-IPO round of financing will be around $150 billion. "
"so tall?"
Zhu Zijing was stunned for a moment. He had thought that Cao Cao Financial's valuation should firmly occupy the first position in the company under the boss.
Unexpectedly, the momentum of Pinduoduo is so fierce, and the valuation they are seeking now is comparable to theirs.
Thinking about the relationship between Zhuang Manting and Chen Dongcheng, will they have to continue to oppress them after Pinduoduo?
chapter 427. 426, Bugatti Chiron
Zhu Zijing left with a belly full of depression, but fortunately, Chen Dongcheng still paid enough attention to them and gave him some comfort.
After sitting in the company for a day, in the evening, Chen Dongcheng received a call from Lin Xidi.
"Mr. Chen, the Bugatti Chiron I ordered has been delivered.
It is parked in Hong Kong. Do you think it is convenient to transport the car to Germany, or to transport the car into China? "
"Ship it to China first, there is no time to go there in Germany."
"Then give me an address and I'll deliver the car to you."
"Magic City Century Building, just contact my secretary directly."
"Okay, then you are busy first, and I will send it to you as soon as possible."
"Thanks a lot."
Hanging up the phone, Lin Xidi sent a few more photos and videos of the Bugatti Chiron, as well as an astonishingly priced option list.
Originally, Lin Xidi planned to buy a beggar version.
After Chen Dongcheng took over the order, he directly filled the configuration.
Colored spray paint with yellow and black stitching, 134 million.
Full carbon fiber body, 191 million.
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