“Pinduoduo rings the bell and delivers real-time push notifications, and the beautiful general manager suddenly appears!”
“Pinduoduo, the first domestic company not to be listed in the United States, has created a miracle!”
"Nasdaq broke the rules, and the general manager of Asia Pacific praised Pinduoduo as a great company!"
“Three years to go public, Pinduoduo is on a wild ride!”
…
A series of news almost hit the Internet, with the word Pinduoduo going public everywhere.
Although the things on Pinduoduo are very low, it does not prevent young people from starting to accept Pinduoduo and even getting used to placing orders on Pinduoduo.
High cost performance, low prices, and direct factory sales are the advantages of Pinduoduo.
Don’t think that young people in big cities are all glamorous. In fact, many of Pinduoduo’s users are young people living in first- and second-tier cities.
People outside the circle are just watching the excitement, while people within the circle can see through the true nature of things better.
To be honest, Pinduoduo’s launch speed is indeed a bit fast, even so fast that others are a little surprised.
But if you think about it carefully, going public is also a last resort.
Pinduoduo’s development model is nothing more than burning money to subsidize users, continuing to attack sinking markets, and adopting a factory cooperation model.
But these all require money, a lot of money.
In particular, Lao Ma is now free to set up two business lines: Taobao Special Price and Juhuasuan, focusing on encircling and suppressing Pinduoduo.
Under such circumstances, if Pinduoduo does not go public, it will be a dead end.
But now that Pinduoduo is listed, Lao Ma is the one who is most panicked.
Think about it, Pinduoduo has turned the sinking market upside down. Going public can raise more funds.
Ahri's position as the king of the sinking market may really be unstable.
…
Hangzhou.
Lao Ma has been sitting in the office all day with no intention of going out. Even lunch and dinner were brought in by his secretary.
“What’s the current situation of Pinduoduo?”
Lao Ma looked at the time and saw that it was already ten o'clock in the evening, and Pinduoduo had been on the market for half an hour.
"It opened sharply and the increase was astonishing."
The secretary did not dare to hide anything and reported honestly.
"Surge at opening..."
Lao Ma frowned, looking tired, and waved his hand: "Tell the others to stay tonight, and let's wait together for Pinduoduo's first-day results."
"OK."
The secretary nodded and quickly went down to inform.
With Lao Ma's position in Ahri, it was natural for all the senior executives to gather in the conference room.
"Don't be nervous. This time we are carefully evaluating this opponent and knowing ourselves and our enemies. Only then can we win every battle."
After Lao Ma finished speaking, the projector in the conference room was turned on, showing real-time data on the US stock market.
Visible to the naked eye, Pinduoduo’s stock price is soaring!
An astonishing almost diagonal upward trend made everyone frown.
Especially Lao Ma's face, which was extremely dark.
According to Pinduoduo's momentum, the first day's increase exceeded 30%, which is not difficult at all.
There is no increase limit on Nasdaq, and Pinduoduo’s pricing is very clever.
Even if the outside world continues to pursue it, it still remains unmoved at the price of 19 US dollars.
This also caused Pinduoduo’s stock price to rise higher and higher, once rising to US$27.45.
As of the close, Pinduoduo's share price closed at US$26.7, an increase of 40.53% from the issue price, with a market value of approximately US$29.6 billion.
The overall situation is decided!
Pinduoduo can’t hold it back anymore!
Like a dark horse, it fought its way out of Jingdong and Ahri's siege!
"Crack!"
For the first time, Lao Ma couldn't control his emotions and slammed the table. After a long time, he slowly said: "Go back and rest."
At this time, Lao Ma's voice was a little hoarse, and his eyes were filled with deep fatigue.
You know, the U.S. stock market closes at four in the afternoon, but in China it is five in the morning.
At Lao Ma's age, he stayed up all night. One can imagine how much he values Pinduoduo?
"I can't stop it anymore!"
Lao Ma waited for everyone to leave, looking at the neon lights in the distance with a somewhat regretful look.
Maybe he is blaming himself for not suppressing Pinduoduo when it first appeared, but just sitting back and watching Pinduoduo grow rapidly!
…
Zhang Zetian, who had just finished his video with Liu Qiangdong, also obviously stayed up all night.
With an expensive facial mask on her face, she sent a message on time at five o'clock.
"Congratulations, your personal wealth has reached a new level!"
After sending the message, Zhang Zetian couldn't stand it any longer and went straight back to the bedroom.
She didn't know which part of her was wrong and she stayed up all night.
Just to send a congratulatory message when Pinduoduo closes.
Looking at his curvaceous self in front of the full-length mirror in the bedroom, Zhang Zetian couldn't help biting his lip, remembering the strong figure last night.
"What a charming bastard!"
Zhang Zetian's beautiful eyes were blurred and he murmured to himself.
…
There were so many people wishing me well that Chen Dongcheng simply posted a screenshot of Pinduoduo’s closing stock price on WeChat Moments.
"Thank you for your attention. Pinduoduo is listed on the market. Just like my children taking exams, I am extremely proud of the results. Thank you everyone. I believe Pinduoduo will have a better future!"
There are many comments below, all from famous people.
Mr. Lei from Xiaomi: "Mr. Chen is so humble. Pinduoduo soared at the opening, with a market value of US$29.6 billion on the first day. I don't know how many of my peers are envious!"
Mr. Liu of JD.com: "In the e-commerce circle, Pinduoduo is growing the fastest. I have to work harder, otherwise JD.com will be overtaken by Pinduoduo."
Pony Ma: "None of my junior's companies disappoints me. This time, senior, I will give my full support!"
Peng Zhijian: "Yuansheng Capital will always be Mr. Chen's solid support. Congratulations to Mr. Chen."
…
A series of comments made many people sigh with emotion.
This is Chen Dongcheng's network of connections. If you pick anyone at random, they are not ordinary people.
At this time, Mr. Chen was sleeping soundly with Qin Mengying in his arms.
Last night was such a celebratory moment, and of course this canary was always there.
It was also a suite at the Park Hyatt Hotel, but the woman was Qin Mengying instead of Zhang Zetian from the night before.
But the scenery in the suite has not changed, it is still full of people.
I just watched the beginning last night. When I saw Pinduoduo's opening surge, Chen Dongcheng stopped paying attention and started celebrating with Qin Mengying in his arms.
The result was not beyond his expectation. Pinduoduo’s results were as he expected, extremely strong!
The market value on the first day was nearly 30 billion US dollars!
What an impressive achievement?
You know, JD.com’s market value is only about US$53 billion.
But how many years did it take for JD.com to go public?
It took a full ten years!
The same road to listing took Pinduoduo only three years!
Who dares to say that Pinduoduo’s future market value will be lower than that of JD.com?
No one dares!
Some people have even begun to predict that Pinduoduo’s market value will surpass JD.com and secure its position as the second largest e-commerce giant!
Faced with such predictions, Pinduoduo doesn't care much, but JD.com has to be careful.
Pinduoduo is developing so fast that Liu Qiangdong and Lao Ma cannot react.
Now that the listing has raised a large amount of funds, it can be seen that Pinduoduo is destined to be a very difficult opponent in the future.