Chapter 271 Come to my room and talk (for the two deacons
Marina bay sands hotel.
In a spacious business conference hall.
Reporters set up their long guns and short guns, waiting for the press conference to be held.
Today is the day when the third phase of Ruixiang Industrial Fund was established. Ruixiang, a super unicorn company in mainland China with a valuation of US$30 billion, joined forces with world-renowned venture capital institutions such as Temasek and Blackshirt China, as well as the well-known local giants in Southeast Asia, Sinar Mas Group.
, CP Group, Malay Hong Leong, Singapore Hong Leong and other twelve consortiums jointly launched a US$2.5 billion industrial fund.
The reporters who got the news were like sharks that saw blood. Not only reporters from Southeast Asian countries, but also reporters from mainland China, Hong Kong, Macao and Taiwan, and even reporters from European and American countries came.
As excited as the reporters are the local Internet entrepreneurs in Southeast Asia, many of whom have received invitation letters from Ruixiang Industry Fund.
The invitation letters from Ruixiang Industrial Fund are not sent randomly, they are all sent to small-scale Internet companies that have raised a round of financing or have not raised a round of financing but have become well-known in the industry.
After receiving the invitation letter, many founders of start-up companies bought a plane ticket to Singapore and prepared to try their luck here.
Robbie Antonio, a Filipino, also wanted to try his luck, but he didn't want to raise money. He wanted to get to know Zhang Yida and see if he could discuss cooperation.
Liu Chunhe, CEO of Purecity Technology, who happened to be on a business trip to Singapore, also came to the conference with the purpose of cooperation.
After officials from Singapore's commerce department delivered the opening speech, it was Zhang Yida's turn to speak.
Seeing the crowd in the audience, with thousands of entrepreneurs and media reporters, Zhang Yida was also a little surprised. He did not expect Ruixiang Industrial Fund to have such a great influence.
But it’s normal to think about it. There are more than a dozen well-known giant companies in Southeast Asia, coupled with Ruixiang, which is beginning to gain some fame around the world, it is not surprising that these entrepreneurs and reporters are attracted.
"First of all, I would like to thank the entrepreneurs and media reporters who participated in the meeting. The purpose of establishing the third phase of the industrial fund by Ruixiang Group is to support more entrepreneurs...
In fact, in the past few years, Ruixiang has also established the first and second phases of industrial funds.
In the first phase of the industrial fund, we invested in mainland China’s Kuaishou, Shangchao Technology... and more than twenty unicorn or quasi-unicorn companies.
In the second phase of the industrial fund, we invested in Grab, Gojek... excellent Internet companies in Southeast Asia.
Southeast Asia is one of the regions with the fastest economic growth in the world and is also a hot spot for mobile Internet entrepreneurship...
I hope more Internet unicorns will come out of Southeast Asia."
After Zhang Yida finished his speech, there was thunderous applause from the audience. Countless entrepreneurs looked at Zhang Yida intently, as if they wanted to take a shot of blood, hoping to get Ruixiang's investment and become the next Grab, the next GoJek...
Next is the Q&A session with reporters.
"Hello, Mr. Zhang, I am a reporter from the South China Morning Post in Singapore."
A Chinese-looking male reporter stood up and asked with a microphone: "Excuse me, will Ruixiang's next investment be limited to the Internet financial field?"
"The Internet and finance are the main ones. We are not familiar with other fields, so we will try our best to invest as little as possible, or even not invest at all." Zhang Yida replied with a smile.
"Hello, Mr. Zhang, I am a reporter from Lianhe Zaobao."
A Chinese female reporter stood up and asked, "Does Ruixiang's large-scale overseas investments mean that Ruixiang is completely entering the global market and aspires to become a global financial technology company?"
"Becoming a global financial technology company is our unwavering goal."
This sentence is often on Zhang Yida's lips. Telling stories to venture capitalists relies on this concept.
Never mind whether it is realized? Or whether it can be realized? Let’s shout the slogan first and then talk about it.
A reporter from mainland China stood up and asked, "Will Ruixiang invest all its future investments overseas?"
"No." Zhang Yida shook his head, "Ruixiang Phase III Industrial Fund will still invest in outstanding Internet companies in mainland China.
Ruixiang Industrial Fund has a fund management scale of US$2.5 billion, and its goal is to target the whole world, not one region or one country."
…
Zhang Yida finished answering reporters' questions one by one, and it was the entrepreneur's turn to ask questions again.
"Hello Mr. Zhang, I am the CEO of a financial technology company in Indonesia.
Our company’s main business is consumer finance. I would like to ask you your opinion on the prospects of Indonesia’s consumer finance business?”
A thin and dark Indonesian native stood up and asked.
“Indonesia’s credit infrastructure is lacking, which will cause great trouble to the risk control of consumer finance business.
However, now is the era of big data, and risk control models can also be established through big data...
In addition, Indonesia’s population is relatively young, which is very suitable for the development of consumer finance business.
If you work hard, you will definitely succeed."
The Indonesian native thanked Zhang Yida and received Zhang Yida's "pointers", which made him so happy that he couldn't help himself.
"Hello, Mr. Zhang."
Robbie Antonio, who was lucky enough to get the opportunity to ask questions, stood up and introduced himself:
“I am Antonio, CEO of Revolutioed.
Our company is a supplier of prefabricated real estate. I would like to ask Mr. Zhang his views on the prospects of this industry and the market situation of prefabricated real estate in China."
Many entrepreneurs in the audience were in an uproar. Where did this idiot come from? Everyone here is an Internet entrepreneur. Why are you, an industrialist, here?
Houses are built using industrial production methods, with some or all of the components of the house prefabricated in the factory and then transported to the construction site.
Houses built by assembling components through reliable connections are called industrialized houses or industrialized houses in Europe, the United States and Japan.
It really has nothing to do with the Internet, and the entrepreneurs below are not wrong either.
Zhang Yida has some impressions of the company Revolutioed. It was one of the eight unicorns in Southeast Asia in the early days, the only unicorn that was not an Internet company, and the only unicorn in the Philippines.
Originally, Zhang Yida thought that it was not an Internet company and he would not invest. But now it is delivered to his door. Where can he find such a good thing?
It also indirectly shows that the reputation of Ruixiang Industrial Fund has been greatly improved in Southeast Asia. Instead of looking for projects, projects come to the company.
Zhang Yida looked at Antonio, who looked mixed-race, and thought that the Philippines had been colonized by Spain and the United States, and there were indeed quite a lot of mixed-race people.
"Mr. Antonio, thank you for your question. You may be disappointed. I really don't know much about the prefabricated housing industry."
Zhang Yida looked at Antonio, who looked a little disappointed, and added a few words: "However, I think this industry is very cool and can greatly reduce the time for house construction.
And through 3D modeling and the participation of artists and designers, the house can be built more beautiful.
After the meeting, if you have free time, we can talk about investment or cooperation."
Others cast envious glances at Antonio. He was such a lucky man. He got investment in just a few words.
Just when they were trying to replicate the miracle of this lucky man, unfortunately, the question and answer session ended.
Liu Chunhe also looked disappointed. Why was he not chosen to ask questions?
Then, many investors of Ruixiang Phase III Industrial Fund came on stage to take a group photo, and the huge LED screen also showed the names of each investor: Ruixiang, Blackshirt, Zhenke, Temasek...
The reporter seized the opportunity to take a photo, preparing to use this photo as the front page tomorrow.
At the end of the conference, Zhang Yida, escorted by four bodyguards, prepared to go to the room to rest for a while.
Liu Chunhe, wearing glasses and looking like an otaku, followed.
"Mr. Zhang, please wait a moment."
Liu Chunhe saw Zhang Yida approaching the elevator and shouted loudly from a distance.
Zhang Yida turned his head and saw a fat geek with glasses calling him.
Zhang Yida thought for a long time, but did not think of this person, so he asked: "Are you..."
Upon hearing that Zhang Yida didn't recognize him, Qian Lize quickly stepped forward and blocked Liu Chunhe who wanted to go to Zhang Yida.
Liu Chunhe smiled to himself. He was just a nobody. It was normal for such a big boss not to recognize him.
"Mr. Zhang, please wait a moment, I'll say a few words and then leave." Liu Chunhe said shamelessly.
"Say it!" Zhang Yida did not refuse people thousands of miles away, but people he didn't know were abroad and suddenly ran out, so it was necessary to be more prepared.
Qian Li and other four bodyguards surrounded Zhang Yida and protected him tightly. At the same time, they all focused on Liu Chunhe, paying attention to his every move.
Liu Chunhe glanced at the four bodyguards who were guarding him as if to guard against thieves, and smiled bitterly, "I'm really not a gangster!"
But talking about cooperation was more important, and he couldn't care about that anymore. He said: "Mr. Zhang, I am Liu Chunhe, CEO of Beijing Pure City."
Zhang Yida frowned. He had heard of Chizicheng, overseas "APP factories" and "super developers".
The mobile application Soloogle Play, a personalized application developed by it, ranks first in single-day downloads and claims to have 800 million users worldwide.
However, these were all things he had heard about in his previous life. He guessed that the current Pure City would not be so glorious.
Liu Chunhe said with a smile: “We are a mobile application developer and mobile advertising platform service provider supported by AI technology.
We went overseas relatively early, in 2013. At present, the Solo system product matrix we have created has accumulated more than 300 million users around the world.
In addition, we have a mobile advertising platform, Solo Math, which can help overseas companies reach overseas users.
Mr. Zhang, your Ruixiang, Yimin Wangjin, Green, Musical.ly all have overseas products.
So, I want to talk to you about cooperation."
Zhang Yida slowly recalled that the company Chizicheng seemed to have developed more than 70 applications overseas, including launchers, security, anti-virus, music, entertainment, fitness, casual games and other categories.
Then use these tool products to absorb overseas user traffic, and then use your own mobile advertising platform to monetize the traffic.
In addition, this company also has an AI engine designed to understand user needs and determine user preferences.
After in-depth analysis of user behavior, product development and operation system construction will be carried out.
Not only does it significantly reduce the company's trial and error costs, but it also increases the probability of producing hit products.
Toutiao’s products are based on this logic, and DouShi will also work in this direction in the future, in addition to this innocent city.
Liu Chunhe's heart dropped when he saw that Zhang Yida had been silent.
Unexpectedly, Zhang Yida's next words made his heart tighten, "Come to my room to talk!"