After finalizing all the plans for the magnesium group, Chen Dongcheng felt a little relieved.
In any case, Wang Xing is indeed worthy of attention.
A man who can fail nine times and still refuses to give up deserves Chen Dongcheng's caution.
But this time, Magnesium Group was completely defeated.
As Caocao Dianping launched a zero-commission promotion plan, many hotel merchants originally listed on Magnesium Group have switched jobs.
Recently, the news about Tengxun divesting its investment in Magnesium Group has become even more popular on the Internet.
For a time, the prospects of magnesium clusters were questioned.
The most obvious thing is that Magnesium Tuan clearly cannot keep up with the pace in terms of burning money.
Wang Xing also had troubles that he couldn't express, and investors came to his door one after another, strongly demanding that Wang Xing stop burning money and start to implement refined operations.
Be meticulous!
Wang Xing cursed angrily more than once, but there was nothing he could do. With the investors' money, Wang Xing could not spend it however he wanted.
Especially now that Magnesium Group has been suppressed so badly, many investors have given up on Magnesium Group as soon as they heard about Tengxun. How can they dare to let Magnesium Group continue to burn money?
What if Magnesium Group is unable to repay the previous investment?
In this way, Wang Xing was forced to stop burning money.
As a result, the market share of Magnesium Tuan's main business, takeout and group buying, has shrunk and shrunk.
Unlike Magnesium Tuan, Cao Cao Dianping is spending money crazily to grab the market at this time.
Ordinary people are not stupid. When looking at the same merchant, Cao Cao Dianping was much cheaper, so of course I chose Cao Cao Dianping.
In this way, Magnesium Group's share shrank, investors oppressed, and Cao Cao Dianping was surrounded from all sides.
All business lines are being suppressed, and Wang Xing finally collapsed!
…
"Mr. Chen, good news, Wang Xing is willing to meet with us to discuss the merger."
When Zhang Tao called, Chen Dongcheng and Fat Di were busy. Hearing this, he suddenly became excited: "Really?"
"That's right, but although Wang Xing admits defeat, he hopes our price can be higher."
"This matter is not urgent. You can talk to me first. The suppression cannot stop during this period."
"Don't worry, I will be staying at the company these days, and I will definitely keep an eye on Magnesium Tuan."
"I can rest assured that you will do the work."
Chen Dongcheng hung up the phone and couldn't help laughing excitedly.
Half an hour later, Fatty snuggled into Chen Dongcheng's arms and couldn't help but ask softly: "Husband, why were you so happy just now?"
God knows, she almost died just now, and Chen Dongcheng, who was so excited, couldn't care less about her.
"Baby, didn't you say you liked Chanel last time? Next time I will take you to buy a wall."
Chen Dongcheng touched Fatty's fair skin with his right hand and held a cigar in his left hand, feeling a sense of accomplishment in his heart.
Drunk and lying on the knees of a beautiful woman, wake up and take over the world!
A real man, nothing more than that!
Does Chen Dongcheng know how scary the future prospects of Magnesium Group are? It is a giant company with a market value of hundreds of billions of dollars.
But what now?
The valuations of those who were suppressed by Chen Dongcheng dropped again and again.
As long as Cao Cao Dianping merges Magnesium Group, the giant company with a market value of hundreds of billions in the future will become his own!
How could this not be happy?
Fat Di didn't know what the man was thinking, but he lay obediently on Chen Dongcheng's chest and listened to the man's strong heartbeat. The sense of security made Fat Di deeply enamored.
"Sister Mi has lost a lot of weight recently. Marriage is so scary."
Fatty pouted, thinking of Yang Mi, her delicate body suddenly trembled.
"What's the matter? Wasn't it nice when I saw her last time?"
Chen Dongcheng had nothing to do at the moment, so he just listened to Fat Di's gossip about Yang Mi.
"No way, that's why Sister Mi dressed up specially for taking pictures. During this time, Sister Mi is taking a break, mainly discussing divorce matters with her ex-husband."
Fat Di put his hands under his face, looked at Chen Dongcheng, and said softly: "Husband, can we not get married?"
"Huh? Why?"
Chen Dongcheng was a little confused, didn't all these women want to get married?
"I thought about it. If you are so rich, you must have a lot of women, so getting married is definitely not realistic."
"There is Sister Mi's example before me. I really think getting married is not a big deal. It just needs an extra certificate."
"When you get divorced, you have to get a divorce certificate again. It's so scary!"
Fatty couldn't even imagine the scene where she and Chen Dongcheng received a marriage certificate and then received a divorce certificate a few years later.
"I don't need to get the certificate from you, but you have to give me a proposal ceremony, okay?"
Fatty looked at Chen Dongcheng eagerly, his pretty face turned pale, for fear that Chen Dongcheng would reject him.
"Are you sure you only want the proposal ceremony and don't want to get a certificate?"
Chen Dongcheng didn't care about this, but if Fatty really thought so, it would be a good thing.
"Well, is that okay?"
Fatty is still very smart, and sometimes retreating in order to advance is not necessarily a bad thing.
"Okay, then I will choose the largest diamond ring for you then."
What else can Chen Dongcheng say? Girls don’t ask to marry you, as long as you propose with a diamond ring.
To put it bluntly, Fatty just wants a ceremony.
"Hehe, let's hook up then."
Fatty stretched out his little hand, intending to add weight to this agreement.
"Okay, it's up to you."
Chen Dongcheng hooked up with Fatty and once again suppressed the beauty from the Western Regions.
…
Chen Dongcheng left Ziyu Villa refreshed and took a Bentley to Cao Cao Commentary.
Although women are good, career is more important.
Career is the key to ensuring a man's status and wealth.
"Mr. Chen, this is the quotation from the magnesium group. Take a look."
Although Magnesium Group agreed to accept the acquisition from Cao Cao Dianping, it priced itself very high.
"Are you kidding me, a $25 billion valuation?"
Chen Dongcheng frowned and threw the quotation directly on the table.
"It's impossible. We spent so much money to suppress it, and even promised Tengxun to buy shares. This valuation is unthinkable."
"Mr. Chen, what do you think is a more appropriate price for magnesium balls?"
"It should not exceed 20 billion US dollars, and try to get it done within 20 billion US dollars."
"Isn't this a little too little?"
Zhang Tao's smile was a little awkward. His boss was really greedy. He was trying to kill the magnesium ball!
You must know that Magnesium Group just completed a round of financing before. At that time, Tencent led the investment, and the post-investment valuation was equivalent to US$30 billion.
"You should continue to keep an eye on Magnesium Group. It's time for us to raise a round of financing."
Chen Dongcheng knew that his appetite was indeed a bit big.
But the winner is the king, and the loser is the bandit.
Since you lose, you have to pay the price.
"You are right. Our current valuation is indeed not in line with our strength."
Zhang Tao looked shocked and immediately said in agreement: "We have only raised Series A capital before. At that time, Yuansheng Capital increased its investment by US$100 million. You invested US$400 million and gave us a valuation of US$5 billion."
"After this, after our food delivery business took the lead, we completed another round of financing."
"At that time, the main investors were overseas venture capital, mainly Sequoia and pension funds from various countries. We sold 10% of the equity and received a valuation of US$15 billion recognized by all parties."
At that time, Cao Cao Dianping made an offer of US$15 billion, and many people thought Cao Cao Dianping was crazy.
But when Sequoia and several other institutions rushed to grab it, everyone realized that Cao Cao Dianping’s equity was actually so popular!