Chapter 1753 The New Project Will Be Launched Soon

$45 billion, in this day and age, is a real huge sum.

Even for an average country, $45 billion is an astronomical sum.

Muye Technology raised 45 billion US dollars, not the market value, not the concept, but to take out 10% of the shares and give it to the underwriters, and the underwriters must give Muye Technology 45 billion US dollars in cash.

Even if it is not a cash dollar bill, it must be a tradable dollar cash in a bank account.

Li Mu's only worry is that the primary market in Hong Kong does not have such a large throughput capacity. After all, a market is relatively saturated in most cases, and the market value of the entire market is very large, but he has newly allocated 45 billion US dollars to buy Muye Technology The original stock, which has a really high requirement for market volume.

Moreover, what Li Mu demanded is that stocks cannot go into Wall Street's pockets.

This is equivalent to rejecting a large number of US-funded securities companies and funds.

Chen Tao's request for Li Mu was somewhat uncertain. He hesitated for a moment and said to Li Mu, "Mr. Li, the equivalent of 45 billion US dollars in Hong Kong dollars is no problem, but if it must be in US dollars, it is still somewhat difficult."

Li Mu said seriously: "Mr. Chen, we are seeking to go public in order to speed up the pace of global development. The funds raised will be used for Muye Technology's investment and development around the world, so it must be in US dollars."

Under normal circumstances, in which country it is listed, the currency of that country is used by default. Because of China's one country, two systems, the Hong Kong Special Administrative Region also has its own currency system. If a company goes public in Hong Kong and conducts an IPO in Hong Kong, it will naturally be traded in Hong Kong dollars by default. .

But Li Mu is now well aware of the importance of the US dollar in the process of international development.

This is one of the reasons why domestic Internet companies prefer to go public in the United States.

The liquidity of the US dollar is stronger, the global development and global layout of Internet companies, if the cash in hand is in US dollars, it is really much more convenient.

Otherwise, if it is RMB, then it will be relatively difficult to operate the overseas business of Makino Technology in the future, and it will not only conduct foreign exchange settlement business with the central bank.

Therefore, many multinational companies have adopted the mode of offshore operation, such as Makino Technology, which registered an offshore company in the Cayman Islands, controlled domestic Makino Technology, and at the same time controlled Makino Technology in the United States, and even later Makino Technology branches around the world.

In this way, domestic Makino Technology's domestic business can be directly settled in RMB, which is one settlement line, while overseas business is settled in US dollars, which is another settlement line. It is imperative to add a Euro settlement line, so that each currency market has subsidiaries in each currency to operate independently.

If Muye Technology is listed in Hong Kong, and after the official IPO, it will be traded in Hong Kong dollars in the secondary market, that is, the open circulation trading market. Some trouble.

For example, Makino Technology now has to hand over $45 billion worth of stocks to underwriters, who will sell them internally in the primary market.

So, who was this stock sold to? Most of them are other brokers, investment institutions and investment funds.

A securities dealer is equivalent to a wholesaler. For example, a Hong Kong securities company has one million users. Some of the original shares he subscribed from the underwriter will be sold to his users in advance;

Investment institutions and funds are for the purpose of securities financing. If a securities fund has 100 million U.S. dollars in hand, they will use this 100 million U.S. dollars to invest in stocks with potential for appreciation, which can also give the fund’s Investors can get better returns, and fund managers can also have greater gains. This kind of fund's love for original stocks surpasses everything, and if a company is identified, the holding time will be very long, far exceeding that of ordinary retail investors.

Therefore, based on Li Mu's request, when the 45 billion shares were sold to these people in the primary market,

They have to settle with themselves in U.S. dollars, not in Hong Kong dollars, and when they get these stocks, what currency they are willing to trade in the secondary market, it doesn’t matter to them.

Chen Tao thought for a moment and said, "Mr. Li, about the US dollar, we can communicate with the partners first to see the US dollar reserves in their hands."

Li Mu nodded and said: "If most of the capital is from Hong Kong, then they can find a way to get US dollars. Even if there is a certain loss in the exchange rate, the value-added space of Makino Technology is much larger than this loss. There are much more, and they will naturally find a way for their own interests.”

Chen Tao responded: "Indeed, the market is very optimistic about the prospects of Muye Technology, and the attractiveness of the original stock is still very large."

Li Mu added: "US$45 billion is just a threshold for entry, so Mr. Chen still communicated with the cooperating brokers and capital, and tried to prepare more funds, because we have a new project ready to start recently, if this new project If the concept of "Munie" is released, the market's recognition of the market value of Muye Technology will be raised to a new level. By that time, it is not impossible for Muye Technology's market value to exceed 500 billion. In that case, we will use 10% to raise 50 billion US dollars, Either use 9% to raise $45 billion, I don’t value shares that much, so if there is more capital in the market, we are willing to take out more shares in exchange for more cash.”

Underwriting stocks is like buying a house. If you have 1 million cash in hand, you can buy 125 square meters when the house price is 8,000, but if the house price rises to 10,000 and still only 1 million, you can only buy a 100 square meter house. .

Chen Tao asked curiously: "Mr. Li, can you reveal a little more about the new project you're talking about?"

Li Mu said: "The name of the product is Ele.me. Although it will be launched on Taobao.com, I plan to take out Ele.me and operate it independently. If this concept can be implemented, then I will put Eleme into Muye. The technology is packaged and listed together.”

"Are you hungry?" Chen Tao asked curiously, "Is it the catering industry?"

Li Mu smiled slightly: "That's right."

Chen Tao was very puzzled.

Why does a company in the Internet industry want to do catering?

The catering industry is not easy to do...

Moreover, the imagination space is really too small. Does Li Mu want to be a super-large chain restaurant like McDonald's?

Chen Tao felt a little confused.

The catering industry itself is not very optimistic about the capital. So far, Huaxia has not had a listed catering company. Except for the few well-known fast food brands, there seems to be no companies that can come up with it.

Chen Tao didn't know much about Li Mu's way of cooking, and Li Mu didn't plan to reveal too much.

Ele.me has long been under development, and now the internal test has been completed, and it has the foundation to be launched at any time.

Moreover, nearly 10,000 restaurants have been recruited in the Yanjing area, and at the same time, thousands of riders have been trained in a low-key manner throughout Yanjing. Once it goes online, it will be a pilot project in Yanjing, and it will be a district, a district opened on a region-by-region basis.

Tesla took a little bit of leftover technology and solved the energy storage problem of lithium-ion battery pack electric vehicles. Now the first version of Ele.me electric vehicles has also been offline in a large domestic bicycle and moped factory.

This lithium battery electric vehicle using Tesla technology has a stable battery life of about 60 kilometers. Although it is expensive, it is still very cost-effective to use it as an exclusive car for its own riders in the early stage.

The electric vehicle adopts the unique "Ele.me" paint, which is highly recognizable, and with customized distribution clothes, helmets and incubators, it can also play a very good role in promoting the brand's display.

Therefore, at this stage, this set of products has matured as a whole and can be put into practical use for "public testing".

Although it has not yet reached the era of mobile Internet, with the platform of Taobao.com, there is no problem in making a PC first.

Moreover, Li Mu has already sorted out the product logic. Merchants receive orders online, and riders dispatch orders within a fixed range. Although there is no smartphone to ensure better real-time coordinates and information interaction, the way of sending through text messages can also be used. It is enough for riders to take orders and deliver. Now this set of models is completely separated from mobile Internet products and can be perfectly transplanted to the PC side.

Once Ele.me goes online, a large group of lazy cancer patients will be cultivated in big cities who are no longer willing to go out to eat by themselves. At that time, these users will be highly glued to the food delivery platform, and they will control the export of food delivery traffic by themselves. , Ele.me is just like Ele.me and Meituan in later generations. The core meaning is no longer a takeaway product, but a food distribution platform.

In future generations, Ele.me and Meituan provide the country with daily orders in units of 100 million. The food sold through them every day may exceed one million tons per day, far exceeding any chain restaurant. Therefore, Ele.me and Meituan Tuan, the largest processed food distribution platform in China, directly choked the revenue-generating lifeline of all restaurants.

Therefore, after Ele.me and Meituan expand the market, they can unscrupulously make a lot of profits from orders. For a 100 yuan takeaway order, they will earn 10 yuan from the merchant, and then from the user. Taking a certain difference in delivery fees, if this business model is implemented nationwide or even globally, it will be another large market of hundreds of billions of dollars.

It's just that Li Mu is not sure whether the Ele.me model can become popular immediately. If he can, bring it to Muye Technology, and he can take advantage of the listing opportunity to raise an additional amount of money immediately.

Although the ecological concept of a large company cannot achieve that one plus one is greater than two, it can achieve that ten plus one is greater than eleven.

That is to say, when there are already ten in the ecology, each additional one at this time will get a larger bonus as a whole.

The concept of Ele.me, if you play it with small companies, you may be able to play with a market value of tens of billions in a few years, but if you let Muye Technology play, it is likely to immediately increase the valuation from 4500 to 460 billion. Come, in proportion, Ele.me can raise a huge amount of billions of dollars in one fell swoop, and then it can expand wildly across the country and even around the world.

If the market's recognition of Ele.me is not enough during this period, it will be a bit of a loss to bring Ele.me in. After all, this concept is still very valuable. In this case, Muye Technology can be listed first, and Ele.me can be listed first. It is easy to achieve independent development outside, become bigger and stronger in the future, package and list with Taobao, or split and list by yourself.