Chapter 1615 We Have Money
It's different from fighting alone.
At the beginning.
This little chaebol is looking for cooperation everywhere and pulling people in. Let alone, with a lot of hard work, although the start is low, the growth rate is astonishing.
Not much.
But it is a clear stream.
So conspicuous.
Expansion so fast.
Ling Ya's father was also surprised. Later, he gradually learned about it and found that the idea of this little chaebol was a bit 'rebellious'. Although he didn't publicize it, his behavior could be seen.
Against class rigidity.
Break the shackles of class.
dissatisfaction with the existing system.
very many.
Quite popular.
This idea is very provocative in the island country, and because of this, Ling Ya's father thinks it is very dangerous, because it represents a challenge to the existing order, and the chaebols will not agree.
Nor will existing interest groups support it.
but.
On second thought.
Will those chaebols and bigwigs support it even if they kneel down?
Obviously.
This is impossible. At most, you have to give out a little soup and water, and you have to kneel and take it with both hands. Therefore, this little chaebol should have no choice, so he is ready to find another way.
How at last.
I can't say for sure, but from the bottom of my heart, he hopes to be successful. After staying in the island country for a long time, he can better understand the feeling of bending down and touching the ceiling. If he wants to straighten his waist, his knees have to touch the ground.
If you can make a hole in this ceiling.
Happily.
He can also go upstairs to see.
. . .
now.
Jingdong headquarters.
The conference room welcomed several special guests-ERV negotiators. Liu Dong was so excited that he stayed up all night last night, for fear that it was a dream or a prank, and now he was relieved to see the talent.
After the greeting.
Straight to the point.
"Mr. Liu Dong, this is the condition of our ERV."
The ERV representative handed over a folder.
Liu Dong took it.
"Hold on."
Done.
He looked carefully.
Not much, just two pages, and all Chinese characters. The more he looked, the more he felt. . . atmosphere. That's right, it's just the atmosphere, without the harsh requirements and scrutiny of ordinary investors.
on the contrary.
Also very loose.
give money.
Give technology.
give resources.
It doesn't matter.
Especially in the valuation of JD.com, it has met Liu Dong's psychological expectations. Several financing plans are given in it, corresponding to different equity shares, but they do not compete for equity voting rights.
at this point.
It is Liu Dong's very fancy.
Ali.
penguin.
Although most of the shares are not in the hands of the founders, control has remained the same.
therefore.
He never thought of handing over the control of JD.com. If one day, he would rather sell JD.com, a JD.com that doesn't count for what he said, why would he stay?
this moment.
He thought of ERV's investment in Penguin.
After winning the stake in MIH, I heard that there were no unreasonable clauses added at all. Instead, ERV added a few clauses to itself. For example, the Huaxia agent of the game will only be the Penguin family in the future.
That's why he said the atmosphere.
"I finished reading it, thank ERV for respecting JD.com." Liu Dong said sincerely.
heard.
The representative has a smile on his face.
Of course he knew why.
"You're welcome, the JD.com model is very similar to Amazon. Strictly speaking, we are people with a common philosophy. There is a saying in Huaxia, heroes cherish heroes, and we are optimistic about JD.com."
"At the same time, I'm also optimistic about President Liu's vision."
"..."
Liu Dong smiled bitterly in his heart.
I would really praise.
Especially the last sentence, be optimistic about his vision, don't you just praise Amazon and ERV yourself.
I see.
People are not optimistic about JD.com, but are optimistic about this model. They feel that they are in the same league as their own Amazon, but it sounds quite pleasant. Heroes cherish heroes, they are still a bit involved.
"thanks."
"These terms and conditions are based on your interests and normal business rules. ERV advocates fair cooperation and does not like to change the drafted terms. What do you think?"
This sentence.
It suppressed Liu Dongshun's desire to raise the price.
Listen.
So domineering.
I don't like to change the terms. Of course, the terms of others are really fair. At this moment, the content of the terms has also been passed on to other major shareholders of Jingdong. After reading it, no fault can be found.
If elsewhere.
The same equity, the exchange of funds + technology + other valuable conditions, may be less than half of the current, this is the reality. A strong investor has a brand bonus.
Even if the amount of financing is cut in half.
Others remain unchanged.
Liu Dongdu may grit his teeth and agree.
"Our shareholders need to discuss it." Liu Dong said.
"Row."
stand up.
and Liu Dong.
And JD.com's senior management and major shareholder representatives shook hands and left with their subordinates. As for when JD.com will agree, there is no time limit. JD.com’s funds are about to bottom out, and it’s not ERV that is anxious.
Sent downstairs.
Liu Dong waved his hand, and only turned around when he saw the car disappear around the corner.
Go upstairs.
meeting room.
"What do you think?"
this problem.
However, it is a bit tricky. In general financing, the harsh conditions of investors are one after the other, and they are all negotiating points. Without a few rounds of negotiations, there is no satisfactory result at all.
But this time.
Almost the best results lay ahead.
Suddenly.
It makes people feel a bit at a loss, playing cards too unreasonably, and a bit unaccustomed to it.
"I think these conditions are very good. There is no doubt about it. Whether it is valuation or support, it has exceeded all of our previous estimates and is almost the goal of negotiation."
"Now, no need to talk about it, the goal is right in front of you," said a vice president with equity.
"What do you mean, agree with everything?" Liu Dong said.
this.
The vice president who made the speech was helpless.
To say um.
Will people be suspected of receiving the money?
"The only question, I think, is still in the valuation, whether it can be higher." No way, he can only throw a question that is not a problem, but also related to the interests of the people present.
"I also think the valuation could be higher."
"Since ERV is bullish, this valuation is a bit low."
"right."
"..."
Listening to the conversation of the shareholder representatives, Liu Dong felt that they had left something at home when they went out. What is the logic? The premise of rising valuations is the entry of the behemoth ERV.
Everyone take a look.
Yo heh.
incredible.
The companies that ERV invests in are definitely good.
However.
Before people come in, you want to overdraw this part of the 'bonus', think too much. The previous Amazon was defeated by JD.com and was half-dead in the Huaxia market, which does not mean that it will be the case in the future.
no way.
Look at them YY.
Liu Dong had no choice but to stop.
Really.
money.
Despair in minutes.
"Everyone, you are aware of the current situation of JD.com. The problem of funding is imminent. If you want to persist, you must have a lot of money. No, it is a huge amount of money."
"Don't forget, Hummingbird Commercial Reserve."
"Once completed, the impact on JD.com will be like a flood. If we can't quickly form a certain competitiveness and expand our warehousing and logistics, the future of JD.com will be very dangerous."
now.
JD.com must race against time.
Before.
He was still a little desperate, but now there is hope.
"Mr. Liu, what do you mean, agree with everything?"
"Um."
Liu Dong did not deny it.
"How much financing?"
"The highest one." Liu Dong gritted his teeth, the highest, which means that after this financing, ERV will become the largest shareholder of JD. Of course, only equity, not so much voting rights.
He still has a firm grip on Jingdong.
no way.
Stimulated by Hummingbird Commercial Reserve, he needs a huge amount of capital, and the step-by-step equity purchase price given by ERV is calculated to sell the most equity, which is most beneficial to JD.com to solve short-term capital needs.
Time is running out.
"what?"
"Are you sure?"
"It's not suitable."
"..."
Such crazy behavior.
The other shareholder representatives were shocked. However, they only questioned, but no one strongly objected. It is very simple. Liu Dong has more than 80% of the voting rights and is the chairman of the board.
In a word.
Any company resolution can be passed.
But.
It's too much.
"This time, JD.com is fighting the backwater." Liu Dong's face was solemn. "We don't have much time to waste. After this financing, I think JD.com will enter an expansion period next."
"With money, life will be much better, and everyone's interests are growing steadily, and with the addition of ERV, I think the valuation will definitely satisfy everyone in the next financing."
Twenty minutes later.
The general meeting of shareholders is over.
Liu Dong directly contacted the ERV representative just now.
"Mr. Liu."
"We agree to your conditions." Liu Dong said.
"How much to sell?"
Others agree.
That's the only variable.
"Forty percent." Liu Dong trembled when he spoke. Forty, this ratio is really astonishing. The minimum required for ERV is 20% of the equity, which is 1.2 billion US dollars.
but.
forty percent of the equity.
ERV is willing to pay a 25 percent premium to $300 million.
Very tempting.
"Well, tomorrow morning, we will officially sign the contract," the representative said.
his authority.
You can hit the board directly.
"Would you like to hold a press conference?" Liu Dong asked, any brand must not be immersed in hard work, but must look up to the sky to let the world pay attention to themselves, entrepreneurs, and public figures.
"Okay, you can arrange it."
"it is good."
End the communication.
Liu Dong is pacing back and forth in the office, neither sitting nor standing. At $300 million, the largest financing JD.com has received, more than 2 billion yuan, was unimaginable before.
The surprise came too quickly.
Like a dream.
Right now.
the phone is ringing.
"Mr. Ma."
Liu Dong suppressed his excitement and picked up the phone. President Ma, of course, is the one from Penguin. At the beginning, in order to fight against Ali and Tang Qing, Penguin made two rounds of investment in JD.com and is also a shareholder.
Therefore.
JD.com's valuation has grown a few steps faster.
later.
Because Tang Qing made a fierce move and got a hummingbird commercial reserve, Penguin was a little less optimistic about JD. However, ERV suddenly took a shot at JD, which made President Ma unexpected.
This is about turning over.
Forty percent.
$300 million.
ERV will definitely not let this investment go to waste.
"Mr. Liu, congratulations."
now.
ERV is Penguin's largest shareholder.
It will be the largest shareholder of Jingdong again.
Count it up.
Everyone's legs in the future will belong to the same boat, so naturally you have to call to congratulate them.
"Hehe, there's no way, it's all forced by reality." Liu Dong's tone was helpless.
"yes."
Mr. Ma also sighed.
Speaking of financing.
As the founder of the same company, I can't help but feel the same way. If you have money, who is willing to sell the company's shares. Every time you raise money, it's like cutting your own flesh. It hurts.
Well earned.
loss.
Have to continue cutting.
The sadness and mental journey in it are unimaginable for others. There is bitterness hidden in happiness. However, it is good to get used to it, as long as the "child" is not taken away by anyone.
are busy people.
After a few chats, he hung up the phone.
then.
The news also spread in the industry, and friends called one by one.
There are even many investment institutions expressing interest. In this regard, Liu Dong pouted, you people go wherever you have meat. When JD.com was in trouble before, why didn't you come?
I'm interested when I see ERV coming in.
Humph.
Think beautifully.
In the short term, JD.com's capital flow should not be exhausted. With ERV as a major shareholder, bank loans will be much easier. After tomorrow, everything will be different. He is looking forward to it.
have money.
There is more that can be done.
Warehousing.
logistics.
delivery.
Serve.
These are the current advantages of JD.com. Although Tang Qing has Hummingbird Commercial Storage and JD.com's warehousing construction is a bit lackluster, if you think about it further, there are still many areas where the two sides can differentiate.
Warehousing is the same as logistics.
We will focus on the latter two.
If you don't believe it, you can't spell a piece of the sky.
. . .
the next day.
morning.
The media who got the news came one after another, and when they learned the exact content, they were all dumbfounded.
penguin.
Jingdong.
Throw in billions of dollars.
Who will be the next lucky one?
"rich."
"People who are poor only have money left."
"That is, what kind of park loans they get in Africa, there are currently several billion dollars in scale, plus the investment in Huaxia, it has only been half a month, and tens of billions of dollars have gone out."
"crazy."
"I can't say that, it should be called vision, at least when it comes to investing in Huaxia enterprises."
"Right."
"..."
The reporters have no ill will about foreign investment. Domestic capital is too weak, and it is still very troublesome, and some have complicated backgrounds. Relatively speaking, there are many advantages to looking for foreign investment.
Half past ten in the morning.
The two parties formally signed the financing agreement.
When the signing is done.
Liu Dong breathed a sigh of relief.
done.
We have money.
This news.
It was also spread out at the first time.
"Jingdong is going to rise."
"Another Chinese company favored by ERV."
"This is to provoke domestic industry competition."
"It's not very good."
"What good?"
"We have one more choice."
"Right."
"..."
Netizens readily accepted it.
Yes.
Domestic production should be supported.
but.
Many times, they also want choice and competition. Otherwise, it would be unfair for consumers to have a dominant family without even having a choice. This side is unhappy, but I can support that side.
same.
This has also stimulated many other companies.
ERV voted for the Penguins.
I voted for Jingdong again.
Will the next one be your own home?