Chapter 390 Jingdong raises US$20 million

Faced with Gao Yang's stubbornness, Xu Xin also understood that her Today Venture Capital will only invest in the 51 Group's planned listing project in the future using the PE investment model.

Xu Xin asked again: "Gaoyang, Jingdong will develop in the future. Where will the first choice market for IPOs be?"

Gao Yang said: "Jingdong's IPO is likely to go to Nasdaq, followed by Hong Kong stocks. Jingdong's company must burn a lot of money and continue to raise funds. It is unrealistic to achieve profits in the short term."

Xu Xin finally felt relieved: "If Jingdong's IPO first chose Nasdaq, I think the team of today's venture capital will be willing to invest in it now."

Gao Yang asked with a smile: "Sister Xin, if you are willing to invest in Jingdong, how much are you going to invest this time?"

Xu Xin said: "I should invest 20 million US dollars in. I want to invest more, and you and Liu Dong are not willing to give it to you."

Gao Yang said: "Sister Xin, this time is Jingdong's A round of financing. You can also follow up on the investment in the future B round."

Xu Xin glanced at me: "Talking nonsense, you have invested in Jingdong's A round, and the A round financing is 20 million US dollars, which is rare worldwide."

Gao Yang smiled: "Sister Xin, Ali's A round, received 25 million US dollars from SoftBank."

Xu Xin suddenly had nothing to say, so she had to say, "How do you define it, anyway, in my eyes, Jingdong is now in the B round."

Gao Yang asked again: "Sister Xin, how long will it take for venture capital to agree on today's venture capital?"

Xu Xin said: "I'll talk to Liu Dong tomorrow. If you're quick, it should be finalized within a month."

Gao Yang nodded: "Okay, I suggest that a press conference will be held in the name of Jingdong, which will be of great benefit to Jingdong and Today Venture Capital establishing a brand image."

Xu Xin said: "That's right, today's venture capital is mainly targeted by the mainland, and we also need to promote it."

Gao Yang smiled and said, "That's right. Yuanda Company under Yawen's name has public relations and advertising agency businesses. Its industry influence in the mainland market is still good. 51 Group's product promotion has always been done by Yuanda Company.

Yuanda Company has accumulated resources from two or three hundred mainstream media in the mainland, and today's venture capital can sign contracts and cooperate with Yuanda Company."

Before, Xu Xin and Gao Yang had been communicating, while Gu Yawen and Wu Ruohan were with each other and did not interrupt.

Xu Xin looked at Gu Yawen and asked with a smile: "Yawen, your husband is helping you sell your business. Is your Yuanda company really that strong?"

Gu Yawen smiled and said, "It's okay. Yuanda Company's revenue last year exceeded 100 million yuan, and this year it is expected to achieve 200 million yuan. In terms of public relations agency, it has held two press conferences for 51 Group with more than 200 mainstream media across the country."

Xu Xin said: "Okay, today's venture capital can sign a contract with Yuanda Company. However, we are a VC company and our business volume in Pintuition is not large. I can only say that it is better than nothing."

Wu Ruohan asked again: "Sister Xin, have you been settled in Hong Kong Island over the years?"

Xu Xin said: "Yes, I have settled in Hong Kong Island for many years. My husband works in an asset management company, and both of his children are studying in Hong Kong Island."

Wu Ruohan said: "It's great. We have registered an asset management company in Hong Kong Island and have not officially started yet. My brother-in-law plans to officially operate this company next year. I will come to Hong Kong Island often at that time."

Xu Xin said curiously: "Gaoyang, 51 Group is also involved in asset management?"

Gao Yang shook his head and said, "Yes, this asset management company also registered a VIE company in Cayman, mainly to facilitate 51 Group's overseas investment."

Xu Xin asked again: "Will you buy a house in Hong Kong Island in the future?"

Gao Yang nodded: "It should be possible. I may buy a house in Hong Kong next year..."

Xu Xin spent a day in Wanliu Huafu and stayed overnight.

This time, Xu Xin's main purpose was to discuss investment in Jingdong with Gao Yang.

Although Jingdong's daily operations are led by Liu Dong, who has absolute voting rights to share equity and the founding team, Liu Dong still needs to discuss with Gao Yang about the company's strategic development plan and the introduction of VC capital. He may even focus on Gao Yang's opinions.

At this stage, if Jingdong wants to achieve rapid expansion of its business scale, the focus is on the full support of 51 Group.

Xu Xin naturally understood these principles.

After spending a day at Gaoyang's house, Xu Xin also wanted to get close to Gaoyang, a strange man, to understand his entrepreneurial ideas, strategic ideas, style of dealing with people, and personality.

Xu Xin also felt that Gao Yang absolutely adhered to his ideas and principles in business negotiations and was not merciless.

He interacts as a friend, but he is also a person who is easy to get along with. He speaks frankly, and does not have the usual sleekness of business tycoons.

Xu Xin didn't know that she was targeted by Gao Yang and was determined to win.

For Gao Yang, in the future, whether it is 51 Group or itself, it will invest in a lot of startup projects, and these projects will be future unicorn companies.

Now, Xu Xin, the future investment queen, appears in front of her, is still an old friend of Gu Yawen's family. How can she let go? She must pursue long-term cooperation with Xu Xin.

Gao Yang also believes that next year, when the asset management company of 51 Group is unveiled and shows its capital strength in front of Xu Xin, it is impossible for this investment queen to be unmoved.

After contacting each other one day and two nights, Gao Yang and Xu Xin both felt that the other party was someone who could cooperate.

On July 10, Xu Xin went to Jingdong to visit Liu Dong again. After detailed communication, she took away a detailed information of Jingdong Company and returned to Hong Kong Island.

Jingdong is expected to raise US$20 million, and it is valued at US$200 million, so Liu Dong is still very excited.

This is a soft girl coins worth over 160 million yuan. After receiving this money, Jingdong is really expected to take off.

Now, Liu Dong admires Gao Yang very much.

Originally, when Jingdong's team was discussing the introduction of VC capital from Today's Venture Capital, Liu Dong said that Mr. Gao of 51 Group believed that Jingdong could be valued at 200 million US dollars, and the entire team was stunned at that time.

As a result, it may have become a reality now.

Starting from mid-July, Gaoyang focused on the companies of 51 Group, focusing on the payment tool 51pay, if promoted, and if various online value-added services are carried out, the revenue scale will be increased and cash flow will be generated.

51pay's logo is designed as a giant panda avatar outlined in simple sketches. It is similar to the 51talk icon, but the style is much abstract. At a glance, users can also remind the image of giant pandas.

The promotion of 51pay in the domestic market is mainly based on the Chinese name [51 Bei]. 51 Bei is a large font size and is equipped with a small font size of 51Pay.

However, there are two versions of the 51pay icon, and domestic users can also choose the eye-catching 51pay digital version, with the following 51be in the small font size.

This design was originally planned.

In the future, 51pay will be a pure digital English icon when it is promoted overseas.

Starting from July 10, for half a month, Gao Yang has been participating in work promotion meetings of various project companies almost every day. 51pay must be promoted quickly for users to use.

Jingdong supports 51pay on the e-commerce platform. 51 Financial Services has also coordinated with Jingdong's technical team several times. Finally, it was confirmed that Jingdong will officially support 51pay from July 27.

On July 27, Jingdong users met 51pay online. On Jingdong’s homepage, relevant guidelines for users to register and use 51pay were officially launched.

On that day, many users downloaded and installed 51pay.

On July 28, Gao Yang and Liu Dong received calls from Xu Xin, and today Venture Capital confirmed the investment of Jingdong for US$20 million and agreed with Jingdong’s valuation of US$200 million.

Next, we will sign an investment agreement, follow relevant procedures, and agree to hold a press conference on August 8.

On the same day, Jingdong would also take advantage of this press conference to officially announce the name of Jingdong Multimedia [Jingdong Mall] and announce the relevant plans to enter the home appliance business.

On July 28th, Jingdong's office was filled with joy. He had money and was still a huge sum of 20 million US dollars.

All of this is because of the strong support of 51 Group and a big boss like Gao Yang.

In the eyes of Jingdong Company employees, Gao Yang is already a big boss in the Internet circle, with a thick leg, and Jingdong was lucky enough to hug the thigh...
Chapter completed!