The process of Xiaomi's listing can be described as a long one.
There was a lot of optimism in the early stage, but after the listing, the stock price plummeted.
Even if Lei Jun preaches everywhere that Xiaomi is an Internet company and not a traditional hardware company, he still has little effect.
At least in the mainstream market, investors still prefer Internet companies like JD.com and Pinduoduo.
No matter how high a hardware company's turnover is, its growth ceiling is clearly visible.
At this time, Lei Jun was shocked when he heard Chen Dongcheng's price for Pinduoduo, and was a little surprised by Chen Dongcheng's huge appetite.
Pinduoduo’s performance in China is quite outstanding, but it suddenly broke out from Taobao’s base, triggering a frenzied campaign against Pinduoduo.
The outside world also praises Pinduoduo’s achievements.
Under such circumstances, Chen Dongcheng’s pricing for Pinduoduo was actually so conservative.
It can be seen that Chen Dongcheng has a huge appetite for Pinduoduo and is determined to drive up Pinduoduo’s stock price!
For a moment, everyone at the dinner table had different expressions, and they were all wondering whether to buy some Pinduoduo stocks.
Liu Qiangdong played with the wine glass in his hand and asked with a smile: "Mr. Chen, if Pinduoduo's subscription multiple is too high, do you want to exercise the option to increase the stock price by 20%?"
Companies listed on the U.S. stock market have the right to increase their stock prices by 20% if the subscription multiple is too high during the IPO period.
"No." Chen Dongcheng smiled and shook his head.
"That's not a small amount. If calculated based on the median price range set by Mr. Chen, Pinduoduo's financing amount is approximately US$1.5 billion. If calculated based on the high level, and the underwriters exercise the over-allotment option, Pinduoduo can raise up to
Mr. Chen is willing to give up US$1.87 billion?"
Zhang Zetian, who was sitting next to Liu Qiangdong, spoke very quickly, with a hint of curiosity in his eyes.
"Why are you reluctant?" Chen Dongcheng asked with a smile.
"For Internet companies, 100 million U.S. dollars is a huge amount of money that cannot be underestimated. That is nearly 400 million U.S. dollars!"
Zhang Zetian is a little puzzled. Since Pinduoduo is currently so optimistic, it is only right that we should take the opportunity to exercise the right and make more money from the US stock market.
"Ms. Zhang doesn't seem to be very optimistic about my company. Maybe the money is important to other entrepreneurs, but I am different from them."
"Pinduoduo is just a company under my ownership. What I value is its long-term future, not its short-term glory."
Chen Dongcheng could hear Zhang Zetian's subtext and felt that Pinduoduo was just relying on preemptive strikes.
When Lao Ma frees up his hands, he might be taught a terrible lesson.
Facing the future battle with the old horse, it is the last word to exercise the right to raise prices and reserve ammunition in advance to fight the old horse to death.
Zhang Zetian's idea is correct and represents the views of the vast majority of people.
But Chen Dongcheng is different. He knows very well how high Pinduoduo’s future market value will be.
Being called the third pole of domestic e-commerce is no joke.
Even the original Huang Zheng relied on Pinduoduo to surpass Liu Qiangdong, and Pinduoduo's market value also ranked higher than JD.com.
The beginning of all this stems from Huang Zheng’s clever pricing of Pinduoduo.
No matter how high the over-raising multiple is, Huang Zheng remains unmoved.
After Pinduoduo went public, its stock price skyrocketed, soaring 40% that day!
Comparing it with Xiaomi's sharp opening, it's obvious who's smarter.
Although Luo Yunfu, who was sitting next to Chen Dongcheng, didn't know much about these things, she was deeply fascinated by Chen Dongcheng's confident and calm demeanor.
Women naturally worship strong men. When faced with a man like Chen Dongcheng who is the best choice for his looks, worth, and ability, it is difficult to resist his charm.
Even Zhang Zetian has to admit that Mr. Chen is really confident.
Although there was a slight hiccup in the middle, the rest of the meal was uneventful.
When it’s time to share wine, we should share wine, and when it’s time to tell jokes, tell jokes.
Don't think of Internet tycoons as being too lofty; they are all just ordinary people.
They also tell dirty jokes and talk nonsense when they drink too much.
Lei Jun never leaves his hand, and Liu Qiangdong never gets drunk after a thousand cups. These two have their own characteristics.
It just so happens that Chen Dongcheng's drinking capacity is also quite good.
After fighting with Liu Qiangdong for several times, he did not fall behind at all. On the contrary, Liu Qiangdong was overjoyed.
Liu Qiangdong had never met any powerful opponents in the previous gatherings of Internet tycoons in Wuzhen. He did not expect that Chen Dongcheng's drinking capacity was so amazing.
While pushing cups and changing cups, several other people were a little drunk, and even Liu Qiangdong couldn't hold it any longer.
After all, considering his age, someone who is almost fifty years old cannot compare to a young man like Chen Dongcheng who is in his early twenties.
Zhang Zetian behaves like a lady, and is quite talkative. He is particularly familiar with Luo Yunfu when they are chatting next to him.
Although Luo Yunfu didn't say much, Zhang Zetian gained a lot of new understanding of Chen Dongcheng.
Looking at Liu Qiangdong's wrinkled old face again, I couldn't help feeling a little sad.
If we had met a successful young talent like Chen Dongcheng earlier, who would choose an old man like Liu Qiangdong?
"Mr. Chen, I'll just drink here today. I'll go to my house another day. I'll ask Xiaotian to cook some dishes, and we two will continue drinking."
Liu Qiangdong also realized that he was no match for Chen Dongcheng, so he quickly gave up and left.
"Okay, I just have something that I want to discuss with Mr. Liu." Chen Dongcheng also smiled and nodded.
When Liu Qiangdong stood up, he staggered.
When Chen Dongcheng reached out to help him, he happened to touch Zhang Zetian's hand.
Zhang Zetian suddenly retracted his hand as if he was electrocuted.
She looked at Chen Dongcheng as if nothing was wrong.
"Jingyu, please send Mr. Liu and his wife home."
Chen Dongcheng noticed it, but he just touched his hand and didn't pay much attention.
Xie Jingyu, who was guarding outside, quickly came in. Everyone else had left, leaving only Liu Qiangdong's family and Chen Dongcheng.
Zhang Zetian also took back his thoughts, wiped away the distracting thoughts in his mind, and thanked you generously and decently: "It's really troublesome, Mr. Chen. If you have time to come to my house as a guest, I will definitely cook it myself."
"It's easy to say, be careful on the road."
Chen Dongcheng smiled and waved his hands, watching Zhang Zetian and Liu Qiangdong being supported leave.
"Look, everyone is gone."
Luo Yunfu stood next to Chen Dongcheng, suddenly feeling a little disgusted.
"Jealous?"
Chen Dongcheng smiled, turned around and held Luo Yunfu's slender waist.
"I don't."
Luo Yunfu blushed and refused to admit it.
"Okay, I'm a little tired, let's go home first."
Although Chen Dongcheng had a good drinking capacity, he was slightly tipsy at this moment.
In addition, smelling the charming perfume on Luo Yunfu at this time, I suddenly had some other thoughts.
"Well, let's go home."
Luo Yunfu held Chen Dongcheng's arm tightly with both hands, her face was a little rosy and shy, and she was debating whether she should cooperate with Chen Dongcheng more in the evening.
Just chatting with Zhang Zetian for a while made her feel more worried.
Compared with Zhang Zetian, it seems that apart from his appearance and figure, he has no advantages at all.
Knowing that a businessman of Chen Dongcheng's level should not be too tempted by external beauties, Luo Yunfu naturally had a sense of crisis in her heart.
This means that Chen Dongcheng is not able to read minds. Otherwise, Luo Yunfu would have been asked to chat more often with Zhang Zetian, and he would not be able to unlock all postures.