Chapter 553 Valuation of 2.5 billion? Whimsical (Part 2)
So far, Xianyu's valuation has reached US$3 billion. If converted, it is RMB 20.6 billion, making it a true unicorn company.
If we can reach cooperation with Xianyu, it will be of great benefit to Dongsheng.
It’s not surprising to be targeted by Cai Dongsheng.
And Yuanda Group is even more giant-like. If we can reach a strategic cooperation with Yuanda Group, it will definitely be like God's help for the development of Dongsheng e-commerce platform.
Thinking of this, Zheng Ge shook his head.
Strategic cooperation?
Are you kidding?
If it was a normal cooperation, it would be fine.
Forget about strategic cooperation.
Shaking his head, he said: "Let's talk about your conditions first."
Cai Dongsheng hesitated, gritted his teeth, and said, "I hope to obtain 1 billion yuan in financing from Changge Group with 40% of Dongsheng's equity."
When he said this, Zheng Ge didn't express anything.
Guo Ya and Huang Liya on the side did raise their eyebrows.
"Mr. Cai, so your valuation of Dongsheng is not 2.5 billion? Are you kidding? How is this possible? With Dongsheng's current potential, a valuation of 2.5 billion is simply wishful thinking. Moreover, according to
The conditions you proposed require Dongsheng to reach strategic cooperation relationships with Yuanda Group, Shunda and Xianyu, which is simply impossible."
Huang Liya said.
Cai Dongsheng's idea is simply whimsical.
When faced with the rebuttal, Cai Dongsheng didn't panic at all, because he had already guessed this before he came. He would be surprised if Changge Group could directly agree.
We even have to wonder if there is some conspiracy involved.
Zheng Ge shook his head, "The valuation of 2.5 billion is equivalent to more than seven or eight times the current valuation of Dongsheng Company."
The premium is seven to eight times, and one has to provide promotional resources to support it. This is no longer an exorbitant price. As Huang Liya said, this is just wishful thinking.
With the current potential performance of Dongsheng, it is simply not worth the price.
Although the JD model in the previous life was said to be successful, it is really hard to say whether Dongsheng will succeed.
After all, he is Cai Dongsheng, not Liu Qiangdong.
"Mr. Zheng, I..."
Seeing Zheng Ge's reaction, Cai Dongsheng looked anxious. He wanted to say something, but was interrupted by Zheng Ge.
Zheng Ge waved his hand and said: "Well, you go back and sort out some information first. Our group will send a team to the capital to inspect and evaluate your company. We will discuss the specific cooperation after the inspection."
"This, okay."
Cai Dongsheng sighed. Although he was a little disappointed, it was expected.
It's a pity that he originally thought he could convince Zheng Ge with his eloquence. He had read an article saying that Feng Chengtian, the founder of Taobao Group, got the first US$70 million in financing because of his eloquence.
He also heard a rumor that when Zheng Ge first entered the industry, his first investment was made by a small entrepreneurial team who deceived him into investing in mortgaged real estate.
However, Zheng Ge didn't give him a chance to show off his eloquence at all!
Despite this, he did not give up and continued chatting with Zheng Ge and the others.
Talking about the future prospects of e-commerce, the future development trends of e-commerce platforms, etc.
Zheng Ge was not in a hurry to see off the guests and listened silently. While learning about the e-commerce market, he observed Cai Dongsheng, wanting to see if this person was just talking about rhetoric or if he was really capable.
At noon, Cai Dongsheng stood up and said goodbye.
"Liya, go and inform Director Luo and let her make arrangements for the inspection and evaluation of Dongsheng." Zheng Ge told Huang Liya after asking the secretary to send Cai Dongsheng away.
"OK."
Huang Liya responded.
Zheng Ge took a sip of his coffee and said, "Lao Guo, what do you think?"
Guo Ya thought for a while and said: "It sounds good, but the specifics need to be investigated and evaluated before a decision can be made. It's just that the cooperation conditions he proposed are definitely not acceptable. At the same time, we have reached strategic cooperation with Yuanda, Shunda, and Xianyu, just like Huang
What the assistant said is wishful thinking, whimsical, and delusional. Mr. Xi and the others will not agree."
Let Yuanda Group and Dongsheng Company reach a strategic cooperation?
Are you kidding?
Xi Meng, and even the management of Yuanda Group, would definitely not agree.
So far, Yuanda Group has not reached a strategic partnership with any company.
The cooperation with some companies under the group is only on some business matters.
Of course, if Zheng Ge said it in person, Xi Meng and the others would still agree.
But can Zheng Ge do it?
Looking at Zheng Ge's attitude, Guo Ya knew it was impossible.
He even felt that Zheng Ge might have become displeased with Cai Dongsheng in his heart.
Otherwise, it is noon now. According to Zheng Ge's character, if he is satisfied with a person, he will definitely stay with him for lunch.
But when Cai Dongsheng said goodbye, Zheng Ge was not even polite. He just nodded and randomly arranged an office secretary to see him off.
Zheng Ge nodded, "Then let's see. In addition, Lao Guo, you can pay attention to the e-commerce market during this period. Our group is likely to participate in it in the future. Learning more about it in the early stage will be beneficial to future investment and development.
"
"Understood." Guo Ya said.
Zheng Ge put down his coffee cup. Investing in e-commerce is not something that can be done overnight and needs to be discussed slowly.
Although he is quite optimistic about Dongsheng, whether to invest in Dongsheng depends on the situation.
If Cai Dongsheng insists on the current conditions, then he can only give up and choose someone else.
40% of the shares, 1 billion in financing, and strategic partnerships with Yuanda, Shunda, and Xianyu. It’s really a bit whimsical.
Strategic cooperation is different from ordinary cooperation.
To be honest, Dongsheng Company is not qualified to enter into a strategic partnership with Yuanda Group based on its conditions, let alone Xianyu and Shunda.
What is strategic cooperation?
Strategic cooperation is an in-depth cooperative relationship based on long-term win-win considerations and based on the common interests of both parties.
If you want to reach a strategic partnership, the first thing to consider is how to establish common interests between both parties?
The so-called strategy is to proceed from the overall perspective, consider mutual interests, and maximize overall interests.
Ordinary cooperation, on the other hand, is only partial business cooperation and focuses on individual interests. As long as it is in line with one's own interests, cooperation can be achieved.
Strategic cooperation is also a relationship in which we and our friends form an alliance to fight against the enemy together.
Just like Tencent and JD.com in the previous life, they were strategic partners.
I have to say that Cai Dongsheng is very ambitious.
Want to use Changge Group to bring Yuanda Group, Shunda Express, and Xianyu Company onto the chariot?
This made Zheng Ge a little unhappy.
There is even some disgust in my heart.
Have you considered yourself a fool?
Of course, although I feel unhappy, I still need to do the inspection and evaluation that needs to be done. Even if the investment fails, it is just a good idea to get to know the company. If we encounter competition in the future, it will be easy to deal with it, right?