Since meeting Liu Qiangdong for the first time, Chen Dongcheng couldn't help but recall the "accusation scandal" that once made countless people talk about it.
It happened that we were drinking together this time, and Chen Dongcheng couldn't help but say one more thing.
But if you think about it carefully, it is estimated that this is a hurdle that Liu Qiangdong is destined to face, and sooner or later he will fail.
The red wine on the wine table cleared quickly, and Liu Qiangdong’s drinking capacity was astonishing.
The other big guys are not good either.
Drinking together, discussing policies, and talking about the stock market are almost the main themes at the wine table.
Among them, Li Bin talked about the future prospects of new energy vehicles more than once, trying to fool a few investors.
However, the others are all old-timers, they just chatted and laughed, and few asked sincerely.
Liu Qiangdong patted Li Bin on the shoulder, and he invested in Weilai in his personal capacity.
Investment is inherently risky, and Li Bin's story-telling ability is really good.
But it's still a bit difficult to fool these big guys.
Bottles of red wine were being poured on the table. Lei Jun mentioned Xiaomi’s financing in Hong Kong and wanted to ask everyone’s opinions.
“Mr. Lei, the US$120 billion valuation that Xiaomi is seeking is too outrageous.
IMHO, Xiaomi is a hardware company.
Your gross profit simply cannot support such a high valuation."
Zhou Hongwei was the first to speak, which made Lei Jun's face look a little unnatural.
"Mr. Zhou, Xiaomi is not a traditional hardware company. What we want to do is an Internet smart ecosystem..."
Zhou Hongwei said calmly: "How does Mr. Lei explain that 70% of Xiaomi's revenue depends on smart hardware?"
"I……"
Lei Jun was speechless when asked, and his face became even more ugly.
"Okay, okay, no matter what, we still want to wish Xiaomi good luck with its listing and a skyrocketing opening!"
Peng Zhijian smiled and smoothed things over.
The grievances between Lei Jun and Zhou Hongwei are hard to describe.
There was once a photo of Lei Jun gloomily looking at the sleeping Zhou Hongwei during the World Internet Conference, which became popular in the circle of friends.
"Let me tell you, among us, Mr. Zhou is the most skillful and shouts good royalist slogans. I heard that 360 is planning to go back to China and go public recently?"
Lei Jun replied in a neutral tone and sneered: "Mr. Zhou, I would like to advise you that the domestic stock market is much more complicated than you think. Be careful of overjoying or being sad. If your body collapses, you will lose everything."
"Haha, I would like to thank Mr. Lei first. 360 will return to A-shares. I hope everyone will support it."
Zhou Hongwei bowed his hands to everyone present and looked at Lei Jun with a smile: "Since Mr. Lei is so confident, why don't we have a gamble?"
Lei Jun frowned and asked: "What kind of gambling method?"
"Xiaomi will definitely go public early next year, and we will return to A-shares by the end of 360.
Let’s simply conduct a PK based on the highest market value of both parties.
If you want to make a bet, how about each admitting online that the person you admire most in your life is the other person?"
After Zhou Hongwei finished speaking, he looked at Lei Jun with a smile.
"interesting."
Liu Qiangdong smiled next to Chen Dongcheng and asked: "Which side is Mr. Chen optimistic about?"
"360."
"Um?"
Liu Qiangdong was a little surprised and looked at Chen Dongcheng in surprise.
“Even before 360 was privatized and delisted, its market value was only US$9.3 billion.
Xiaomi’s previous financing has valued it at US$45 billion.
Isn’t this gap a bit too big?”
"A-shares are different from U.S. stocks. If 360 continues to be in the United States, it might die.
But when you return home, you may be reborn in Nirvana.”
Chen Dongcheng suddenly became playful and asked with a smile: "How about I take a gamble with Mr. Liu?"
"Okay, let's bet on something different."
Liu Qiangdong drank and his voice was a bit loud.
The eyes of other people at the wine table were also focused on them.
"Mr. Liu and Mr. Chen also made a bet?"
Zhou Hongwei was stunned when he saw this, and laughed loudly: "If the outside world knew about it, they would definitely say that we are a bunch of gamblers, and we have no image of public figures at all."
"Mr. Zhou, don't mind. I cooperate more with Mr. Lei.
Xiaomi’s sales on JD.com are still very good, and I am personally optimistic about Xiaomi’s listing prospects.”
Liu Qiangdong smiled and expressed his opinion that he was not optimistic about the prospect of 360 being listed in China.
"It's okay, where is Mr. Chen?"
Zhou Hongwei is not surprised at all. As long as he is a normal person, he will not stand on the side of 360.
To put it bluntly, 360 is a loser and returns to China in despair.
Xiaomi, on the other hand, carries the expectations of countless investment institutions and investment banks, and is destined to leave a mark on the Hong Kong stock market.
"I bet on Jay Chou. I bet that the market value of 360 will exceed Xiaomi, but only this year."
Chen Dongcheng gave a completely opposite answer.
Zhou Hongwei's eyes lit up and he shook his head with a smile: "It's a pity that I met Mr. Chen too late, otherwise I would have to give Mr. Chen a fortune."
"I accept Mr. Zhou's kindness, and the bet is just fun.
Don’t take it too seriously and develop the company well.
Being worthy of investors and shareholders is the most important thing."
Chen Dongcheng smiled and waved his hands, acting very modestly.
"Haha, Mr. Chen is right, we 360 must be worthy of our investors!"
Zhou Hongwei looked at Lei Jun proudly: "Boss Mr. Lei and Mr. Chen are on my side. It seems that you are going to be in danger in this bet."
"Don't speak too early. Even if you continue to raise the stock price in the early stage, I don't believe the market value can rise to 300 billion."
When Lei Jun said this, he was still a little worried.
Don’t look at the fact that Xiaomi’s current valuation is higher than that of 360. That’s because 360 has been frequently harassed by short-selling institutions in the U.S. stock market and has suffered terribly.
Moreover, they are listed on the US stock market, but their market value is only more than 9 billion US dollars.
Zhou Hongwei has always felt that they are underestimated.
In addition, A-shares have a unique scenery, and monster stocks such as Baofeng Technology have increased dozens of times as soon as they were listed, which makes people jealous.
Zhou Hongwei also had other plans, so he went back to hype the bet online, which might even boost the stock price of 360.
However, 360’s return to A-shares is through backdoor acquisition, and the real operator is Jiangnan Jiajie.
Liu Qiangdong smiled and said: "I haven't discussed the bet with Mr. Chen yet. I can provide the traffic entrance of JD.com, and Mr. Chen can also provide the traffic entrance paid by Cao Cao. How about that?"
Zhou Hongwei and the others all looked at Chen Dongcheng with smiles. The cost of this bet was not small.
Whether it is the traffic entrance of JD.com or the traffic entrance of Cao Cao Pay.
It is a valuable resource for any company.
It is no exaggeration to say that as long as you can get such a super large App diversion.
As long as you are not stupid, you will definitely be taken away.
Lei Jun's eyes were fiery, if Xiaomi's mall could get traffic entrances from both companies...
Forget it, don't think about it.
Liu Qiangdong has no regard for Xiaomi’s resources.
Even Liu Qiangdong has no interest in Xiaomi's stocks.
What he is really interested in is the traffic portals of Cao Cao Pay and Douyin.
Seeing Pinduoduo’s rapid development relying on these two softwares, Liu Qiangdong has long been unable to sit still.
Taobao launched a special edition, and JD.com immediately followed up with Jingxi.
The purpose is the same, to limit Pinduoduo’s wild growth.
"Okay, now that Mr. Liu has spoken, I have to give you this face no matter what I say."
Chen Dongcheng remembers clearly that the peak market value of 360 was as high as 450 billion, equivalent to 67 billion US dollars.
Xiaomi is still a long way from the bubble myth created by 360.
After the wine party ended, Peng Zhijian asked Chen Dongcheng to have tea.
After finding a tea room, Peng Zhijian also mentioned how popular Zhou Hongwei is recently.
Since 360 was privatized and delisted from the United States, Zhou Hongwei has become a guest of countless investment institutions.
Everyone wants to get on the 360 ship and go to the sea to pick up banknotes.
If you enter the A-share market with a profit of 360, you will be ready to reap the benefits.
This return has no emotions, only benefits.
"I didn't expect that Pinduoduo would actually grow to where it is today. It's all like a dream."
Peng Zhijian poured a cup of tea for Chen Dongcheng and said with emotion: "I attended an investment wine game a few days ago and met Brother Ma. Brother Ma hates and loves you at the same time!"
"How to say it?"
Chen Dongcheng blew the teacup gently and took a slow sip.
“Tengxun has gained a lot from Pinduoduo’s projects.
It also proves their ability to incubate social e-commerce platforms.
Even within Tengxun, some people are considering whether to develop their own social e-commerce and suppress Pinduoduo.”
Peng Zhijian is worthy of being the old man of Tengxun, and he really knows enough inside information, which is quite exciting.
Chen Dongcheng had never heard of this news before.
It can be seen that the person who revealed the news to Peng Zhijian has a very high status.
“Tengxun will not do social e-commerce, at least not now.
In addition to WeChat, Douyin and Cao Cao Pay can provide huge traffic.
Especially for Douyin, the number of daily active users is now stable at 200 million, and it cannot be sanctioned by just WeChat."
Chen Dongcheng put down his tea cup and said calmly.
"It's because of the payment between Douyin and Cao Cao that Brother Xiaoma is particularly afraid of you.
Magnesium Group’s recent financing was all brokered by Tengxun.
Tengxun is really afraid that you will dig up the foundation of their traffic empire.
Especially the Cao Cao payment you made yourself, your share is gradually increasing, and the threat to them is getting bigger and bigger."
Compared with Alipay, WeChat started by relying on social networking and traffic, and gradually evolved into payment and other services.
Douyin is developing too fast, almost at a speed that is jaw-dropping to everyone, and it is constantly harvesting users.
The viral spread has made Douyin very popular among young people.
The most obvious feeling of the WeChat team is that user usage time is declining.
The average usage time of Douyin is gradually increasing.
This is not a good sign.
There are only 24 hours in a human day, and more people stay up all night checking TikTok than checking Moments.
This means that the foundation on which Tengxun relies on for its survival is gradually being destroyed by Douyin.
Peng Zhijian's intention is very obvious, let Chen Dongcheng be prepared to be suppressed for a long time.
“I just got the news that Tengxun is considering reorganizing the Weishi business unit.
The bright prospects in the short video field really make Tengxun reluctant to give up."
Peng Zhijian laughed and said: "You should understand Tengxun's handiwork. Brother Xiao Ma plans to give 4 billion yuan to the Weishi team. Your life may be difficult."
"You said so much, but don't you want to ask when Douyin will be raised separately?"
Chen Dongcheng could see through Peng Zhijian's little thoughts at a glance.
"Haha, I can't blame you for insisting on clicking Douyin, which makes us investors so hungry."
Peng Zhijian doesn't feel embarrassed at all. Douyin is a good project that he has been following for a long time.
Chen Dongcheng is not short of resources, nor is he short of money, which really gives Peng Zhijian a headache.
"Okay, I'll give you a chance, don't say I'm not interested in you enough."
Chen Dongcheng said with a smile: "I believe you all know the valuation of Douyin."
"Don't worry, as long as Douyin dares to raise funds independently, I guarantee that the valuation will be no less than 10 billion US dollars."
Peng Zhijian said with a smile: "I estimate that Douyin's first round of financing will definitely be extremely popular, and institutions that are not famous enough will not have any chance."
These days, many investment institutions have a lot of money in their hands, but only a few good projects.
As long as something like Douyin is open to the market, it will definitely trigger a craze.