Chapter 787: $150 Million in Financing

Just when Chen Changliu was about to go to Beijing to attend the annual meeting of entrepreneurs, two pieces of heavy news spread throughout the business community.

On December 20, a certain Dong Mall first announced that its sales this year exceeded 10 billion, completely confirming its position as the second brother of e-commerce platforms.

Just when everyone was stunned by the performance of a certain Dong Mall that blinded everyone, on December 21, a certain Dong Mall issued another announcement, announcing the completion of the first round of financing, with a financing amount of 150 million US dollars, which is converted into nearly 1.2 billion RMB.

And it was soon reported that 150 million US dollars only raised 18% of the shares, which also means that the valuation of a certain Dong Mall has reached more than 6 billion.

This shocking news spread like a storm throughout the business community and ordinary people who are more sensitive to this aspect.

There is no way, the rise of a certain Dong Mall has only been in the past two years.

But in such a short period of time, the valuation has reached 6 billion.

Suddenly, a greater wave of e-commerce fever has been set off.

Everyone analyzed why a certain Dong Mall could rise so quickly among many e-commerce platforms, and in the end many people came to the same conclusion, that is, the right time, the right place, and the right people.

Needless to say, the right time, because the rise of Taobao has driven the rapid development of domestic e-commerce.

The right place is to find the right precise positioning.

Instead of competing with Taobao in the same category, it made great efforts in the original small-scale IT and digital aspects to expand the 3C category, and really fought its way out.

And the right people were given by Taobao and Zhonghuajia.

Because Taobao backstabbed Zhonghuajia Technology Co., Ltd., which had achieved success with them, Zhonghuajia Technology Co., Ltd. left in anger and entered the JD platform.

The new product blinded everyone at once, and then a certain Dong Mall took advantage of the momentum of Zhonghuajia Technology Co., Ltd. to rise straight up.

When Dama saw these analyses in the newspaper on the plane to Beijing, his face turned green.

Isn’t your roundabout talk about my bad character? Because of my bad character, did I indirectly support a competitor?

Unlike President Dama, when Chen Changliu saw the newspaper, he was still a little depressed, but a smile appeared on his face instantly.

Seeing Chen Changliu smile, Zhao Yanan, who followed him to Beijing, also smiled. He bought this newspaper on purpose to make his boss happy.

Alas, there is no one who can do this as an administrative secretary!

But seeing that the boss was in a good mood, she also became better.

"Yanan, this newspaper is good, tasteful and profound. Remember to give their company more advertising next time, hehe."

"Hehe, okay, boss, why don't you order a front-page headline tomorrow? It just so happens that the influence of this report today is still there. I think President Dama will be even happier then."

Looking at Zhao Yanan with a weird smile, Chen Changliu couldn't help but stretch out his hand to pinch her face.

"Naughty"

As soon as he finished speaking, Chen Changliu got goose bumps all over his body. Damn, it was disgusting.

Sure enough, Zhao Yanan rolled her eyes and ignored him.

At 7 o'clock in the evening, at the entrance of the club where Chen Changliu was refused entry, Dong Ge sat quietly on the sofa in the lobby, playing with his second-generation Suzaku mobile phone, while his secretary sat on the sofa on the side, not feeling impatient because his boss was sitting here waiting for someone.

Ning Jing, Cao Wenlong and several girlfriends walked into the club chatting and laughing. Today, she and Cao Wenlong invited several girlfriends to dinner.

In fact, Ning Jing also showed off her fiancé Cao Wenlong to several girlfriends.

After growing up in the past two years, especially after getting engaged to Cao Wenlong, Ning Jing has matured a lot under the constraints and discipline at home.

However, people's vanity is always there, especially if you have a very impressive fiancé. How can you be worthy of yourself if you don't show off occasionally in your circle of girlfriends.

When several people walked into the lobby, a manager immediately greeted them and took them inside.

However, after only a few steps, Cao Wenlong saw Dong Ge sitting on the sofa playing with his mobile phone, and he made a sound of "eh" in his mouth.

"Xiao Jing, you go in first. I saw Mr. Dong from a certain Dong mall. I'll go say hello."

She walked towards Brother Dong. Ning Jing should know this person and quickly introduced him to her besties:

"Sisters, have you seen the news about the $150 million financing reported yesterday?"

Several people nodded. After all, they were all children of some families in Beijing. No matter how useless they were, they were still more concerned about politics and business.

"Yes, I know. It's the e-commerce platform that was established just over two years ago.

I know they are raising funds. My family also wanted to invest, but it didn't work out in the end."

"Yes, the person sitting over there is Mr. Dong, the general manager of a certain Dong mall.

In this financing of a certain Dong mall, Brother Wenlong personally took action and finally got 2% of the equity for 130 million yuan.

I heard from the adults that if these shares are kept until the listing of a certain Dong mall, they will at least increase by 5 times, and even 10 times is not impossible."

Ningjing's words surprised her little girlfriends. Although her family is rich, Cao Wenlong, as a person of the same generation as them, can make about 1 billion from this investment, which makes them have to sigh that Cao Wenlong is still as good as ever.

Several people looked at Ningjing with envy again. Their eyes made Ningjing very happy. She automatically ignored the fact that Du Zhiqiu still had nearly 25% of the equity in this company after this financing.

"Boss Dong, why are you here alone? How about we have dinner together?"

Brother Dong, who was playing on his phone, heard someone calling him. He looked up and recognized Cao Wenlong, one of the shareholders of the company after the financing, and knew what his family was like.

Although he didn't say he was going to curry favor with him, he still had to have the right attitude.

He smiled and stood up and shook hands with Cao Wenlong and said:

"Thank you, Boss Cao, but it's a bit inconvenient today. I'm waiting for someone. I'll treat you another day."

Cao Wenlong didn't care and smiled:

"Is that so? It's very private? If we can't be together, it's not bad to meet a few more friends!"

Brother Dong knew that Cao Wenlong didn't mean to force him, so he shook his head gently.

"Boss Cao, I can't decide this. The person I'm inviting tonight is very difficult to invite. He doesn't really like to attend such occasions, so I can't agree to you."

Hearing what Brother Dong said, Cao Wenlong became curious, because Brother Dong knew his identity, but he refused straightforwardly. Who is the other party?

PS: The typos will be corrected later.