Liu Chunhe followed Zhang Yida and his bodyguards and took the elevator to the chairman's suite where Zhang Yida lived.
Zhang Yida didn't say a word on the road, and Liu Chunhe felt very unsure. He didn't know whether he had persuaded this big boss or not.
But if Zhang Yida didn't mention this, it would be hard for him to ask.
When he entered the hotel room and saw the splendid decoration and spacious space, Liu Chunhe guessed that this was the only presidential suite or the only four presidential suites in the Marina Bay Sands Hotel.
That's right, the Chairman Suite is more advanced than the Presidential Suite!
Liu Chunhe also heard about it. He didn't know what the British owner of the hotel thought. Was he yearning for socialism?
Through the huge and bright floor-to-ceiling windows in the living room, you can see the tree-lined Marina Bay Park not far downstairs. Looking further into the distance, you will be out of the country...the endless blue sea.
Liu Chunhe withdrew his gaze and sighed secretly, he really knows how to enjoy it! I heard that Beckham and Victoria also had sex in the presidential suite. I wonder if it is this room?
Beside the sofa in the living room, Zhang Yida made an invitation gesture, "Mr. Liu, please sit down!"
Then he invited Song Caiwei to make two cups of tea.
Liu Chunhe smiled at Song Caiwei who served him tea, "Thank you!". He guessed that this pretty and elegant woman should be Zhang Yida's personal secretary.
Thinking of this, I felt a little sad for a while. I started my own business in 2009, several years earlier than Ruixiang.
But the current development situation is in the sky and underground. Chizicheng has hundreds of millions of users, but its ability to monetize is very poor, and it has always relied on financing.
When I'm on a business trip, I can't even afford to stay in a more luxurious hotel, let alone a glamorous secretary to warm my bed.
If Pure City wants to get out of this predicament, it must put more effort into advertising revenue.
In recent years, he has discovered that Chinese companies have formed a craze for going overseas, especially the three subdivided fields of "finance, games, and live broadcasting" that are most interested in developing overseas.
Among them, the financial companies with the highest unit price per customer and the wealthiest companies, especially Leech Financial and Ruixiang Financial, have made frequent acquisitions, investments, and various major moves overseas.
As long as these two companies can cooperate with the next one, they can help Chizicheng get out of financial difficulties and embark on a prosperous road.
Zhang Yida opened an exquisite gift box, took out a cigar, cut off the cap of the cigar, lit it and took a few puffs, and said slowly:
"Mr. Liu, you said you want to cooperate with my company in advertising. Give me a reason to abandon Google and Facebook and choose you."
Liu Chunhe adjusted his glasses, "Google and Facebook do occupy most of the overseas mobile advertising market. But Mr. Zhang, have you considered the cost issue?
Our Newborn City absorbs traffic through its Solo desktop and product matrix, and monetizes the traffic through its own advertising platform.
Advertising in our Pure City is definitely much cheaper than advertising on Google and Facebook, and it can save you at least tens of millions in advertising fees every year."
"But they have 2 billion users, and you only have 300 million users. And their user stickiness is higher than yours."
Zhang Yida smiled slightly, "Besides, we don't care about tens of millions of advertising dollars. What we care about is time and efficiency."
A trace of gloom flashed across Liu Chunhe's face. Before he came, he had thought that this might be the result.
After all, Pure City still has fewer users, and it only makes tool-type products. User usage time and stickiness are not high, and most of the advertisers it attracts are small overseas companies.
Companies of the size of Leech Financial and Ruixiang naturally prefer advertising platforms like Facebook and Google that have huge traffic.
For giants, saving some advertising fees is of some use. Their pursuit is to open the market and complete product launches in the shortest possible time.
"All right!"
Liu Chunhe stood up and nodded slightly towards Zhang Yida, "Then don't bother Mr. Zhang!"
"etc!"
Zhang Yida stopped Liu Chunhe who was about to leave. Liu Chunhe was also stunned for a moment. Could there be any turning point?
"Will your company accept investment? Or mergers and acquisitions are also possible."
"Investment? M&A?"
A trace of hesitation flashed across Liu Chunhe's face, but he finally shook his head, "This is my seven or eight years of hard work, and I will not sell it."
Then he smiled at Zhang Yida again and said, "If Mr. Zhang is willing to make financial investment, we welcome it."
"You are so beautiful!" Zhang Yida said secretly.
"You can listen to what I have to say, and it won't be too late for you to make a decision after listening."
Liu Chunhe nodded, it didn't hurt to listen, he also wanted to know what Zhang Yida wanted to say.
"What is the revenue of Pure City in 2015? Is it 100 million?"
Liu Chunhe shook his head in shame. The performance of Pure City is indeed a bit unimpressive. It has 300 million users and does not even have a small target for annual revenue. You can imagine how poor the realization is.
Zhang Yida was not surprised at all by this result. This is a small but beautiful company. When it was listed on the Hong Kong stock market in 2019, it was only a small-cap stock with a market value of one to two billion, still in Hong Kong dollars.
However, this company also has something that Zhang Yida is interested in, which is its future 800 million overseas users and advertising platform.
In the hands of Liu Chunhe, this company can only be small and beautiful. But in the hands of Zhang Yida, it is different. With the support of many large overseas companies, once an ecosystem is formed, the size can definitely increase by 10 times.
"Ruixiang has five joint venture mobile payment companies overseas and has also invested in dozens of overseas Internet companies...
Yimin bank is about to leave Indonesia and expand its consumer finance business to Southeast Asian countries.
Musical.ly has already opened up North America, and is currently developing markets in Europe, and will soon enter Southeast Asia.
Green is currently still in the United States, but will expand to other regions and countries in the future."
Zhang Yida paused and said with a smile: "These are all "potential advertisers" that are currently visible and tangible."
Liu Chunhe was very moved after hearing this. With so many companies, if one of them contributed 1 million in advertising revenue, it would be tens of millions. It was enough to double the revenue of Pure City.
Zhang Yida continued: "Domestic Internet financial supervision has become stricter, and I judge that these companies will sooner or later go overseas to seek a chance for survival.
Tiace Technology and Mungdou Credit, both owned by Ruixiang, have cooperated with thousands of domestic Internet financial companies.
Including Ruixiang's financial supermarket, we provide domestic mutual financial institutions with one-stop services from customer acquisition to risk control to building a big data credit system."
Liu Chunhe was a little confused. What does this have to do with Chizi City?
However, he quickly realized that his company had users and traffic, and could help Internet finance companies going overseas to gain customers.
"Mr. Zhang...I..."
Zhang Yida stopped and said, "Listen to me first. Ruixiang's B-side services are well-known in the domestic mutual financial circle.
If these companies want to go overseas in the future, Ruixiang's mobile payment platforms in various countries can provide them with payment interfaces, and we are also planning to implement a big data risk control system.
In terms of customer acquisition, maybe Musical.ly will take on some advertising orders in the future.”
Speaking of this, Zhang Yida's intention was also very obvious. He told Liu Chunhe clearly that Ruixiang could exert influence on domestic mutual financial institutions and let them choose Pure City as their advertiser.
"1000 companies..."
Liu Chunhe took a deep breath and ate it all. The unit price per customer was 1 million, which was also a revenue of 1 billion!
Although no one is shouting about beating up mutual financial institutions in China, various negative aspects often come out.
Liu Chunhe felt that what Zhang Yida said made sense. It was not impossible for mutual financial companies with technology and capital to come to Southeast Asia to carry out business.
Isn’t Yimin bank off to a good start? Many people in China are watching the development of Yimin bank. Once it improves, they may all go abroad to make a fortune.
Not to mention anything else, even Liu Chunhe was a little moved when he saw the 300% annual interest rate allowed by Indonesian law.
But he also guessed what Zhang Yida meant. I can provide you with so many resources and so many customers. Is it possible to become a financial investment shareholder?
"Mr. Zhang, tell me your plan!" Liu Chunhe was a little moved. He wanted to hear Zhang Yida's plan before making a decision.
"Option one is to fully acquire Pure City. Your management can retain it and you can also get options."
Zhang Yida paused and did not mention option two directly. Instead, he asked Liu Chunhe: "How many shares do your management still hold?"
Liu Chunhe did not hide anything, and introduced: "We have completed four rounds of financing from angel round to C round, and the total shareholding of the management is less than 40%."
"Let all venture capital withdraw, Ruixiang will take all their shares, and your management can retain all of their shares."
Liu Chunhe's eyes lit up. This plan is good. The interests of himself and the management will not be harmed. In the future, when the company develops, he can also enjoy the value-added dividends.
That is, venture capital institutions that invested in themselves in the early stages suffered a bit.
"Mr. Zhang, I'm worried that the venture capital company won't accept your plan!" Liu Chunhe said with an embarrassed look on his face.
"Just give me a little premium."
Zhang Yida was a little impatient. If it weren't for the fact that Chizicheng had a user base of 300 million, Ruixiang could have founded a company on his own to serve as an overseas advertising agency.
Anyway, with customers and advertising orders in hand, the only thing that needs to be considered is the insufficient traffic of the advertising platform.
In fact, if you don’t have enough traffic, you can also become a big agent of Facebook and Google.
In fact, it is an advertising agency that takes orders from various overseas companies. Then it takes a large number of orders and goes to Google and Facebook to negotiate a group purchase price.
The advertising price difference in the middle is the profit.
Zhang Yida knows that there is a company called "Pagua Mobile" that does this.
However, Zhang Yida would not do this kind of thing of being an agent for a giant, where life and death are in the hands of others.
How embarrassing it is to tell people! You act as a little pockmark’s little brother and help others sell advertisements, and for nothing, you are a head lower than others.
Papaya Mobile positions itself as “a company that relies on independent research and development technology for big data processing and analysis, and mainly uses global big data resources and big data processing and analysis technology to provide overseas marketing services to domestic enterprises.”
The name sounds domineering, but a senior investment banker bluntly said: Papaya Mobile is simply an advertising company with little technical content.
Then it was questioned that it lacked technological genes, and the company was not even listed on the Science and Technology Innovation Board.
"Mr. Zhang, in that case, I will go back to the capital to discuss it with my partners."
"Okay, I hope to have the opportunity to work together!"
Zhang Yida shook hands with Liu Chunhe and escorted him out of the room himself.
Zhang Yida doesn't care too much about whether he can hold a controlling stake or acquire Pure City. If it can become the best, Musical.ly will build its own advertising platform if it doesn't.