Rebirth: Super Banking System

Chapter 1791: Chapter 1618: We’ve Got Money_2

“Now, there’s no need to discuss, the target is right in front of us,” said a vice-president with equity.

“You mean, to fully agree?” Liu Dong asked.

These words.

Made the speaking vice-president feel helpless.

If he said yes.

Would people suspect he took a bribe?

“The only issue, I think, is still the valuation. Can it be a bit higher?” He had no choice but to bring up a non-issue issue, one that was also relevant to everyone’s interests present.

“I think the valuation could be higher too.”

“Since ERV is optimistic about it, this valuation does seem a bit low.”

“Right.”

“…”

Listening to the dialogue of the shareholder representatives, Liu Dong felt like they might have left something at home when they came out, where was the logic? The premise of raising the valuation is the entry of the giant ERV.

Everyone looked.

Wow.

Impressive.

Any company invested in by ERV is definitely good.

However.

Before they manage to enter, you’re already thinking about overdrawing this portion of the ’bonus,’ aren’t you thinking too much? Amazon used to be defeated by Jingdong in the Huaxia market, half-dead, but that doesn’t mean it will be the same in the future.

No way.

Watching them fantasize.

Liu Dong had to step in to stop them.

Honestly.

Money.

Can make people lose their minds in an instant.

“Everyone, you’re aware of Jingdong’s current situation. The funding issue is urgent. If we want to persist, we need a lot of funds, no, we need a huge amount of funds.”

“Don’t forget Hummingbird Logistics.”

“Once it’s completed, the impact on Jingdong will be like a flood. If we can’t quickly establish some competitiveness and expand our warehousing and logistics, Jingdong’s future will be very dangerous.”

At this moment.

Jingdong must race against time.

Before.

He was somewhat desperate, but now there’s hope again.

“Mr. Liu, do you mean to fully agree?”

“Yes.”

Liu Dong didn’t deny it.

“How much financing?”

“Go for the highest.” Liu Dong gritted his teeth, the highest, which means after this financing, ERV will become Jingdong’s largest shareholder. Of course, only in terms of equity, voting rights not so much.

He can still firmly control Jingdong.

No choice.

Stimulated by Hummingbird Logistics, he needed a massive amount of funds, and the tiered equity acquisition price given by ERV, calculating it, offering the most equity is most beneficial for Jingdong to solve its short-term funding needs.

There really isn’t much time left.

“What?”

“Are you sure?”

“Isn’t it inappropriate?”

“…”

Such a crazy action.

Made the other shareholder representatives quite shocked, but they only questioned, and no one firmly opposed it, simply because Liu Dong holds more than 80% of the voting rights and is the chairman.

With one sentence.

He can pass any company resolution.

Still.

Isn’t it too much?

“This time, Jingdong is fighting with its back against the wall,” Liu Dong’s face was grave, “We don’t have much time to waste. After this financing, I think Jingdong will enter an expansion period.”

“With money, life will be much easier, and everyone’s interests will grow steadily. Also, with ERV’s involvement, I believe the valuation in the next financing will satisfy everyone.”

Twenty minutes later.

The shareholder meeting ended.

Liu Dong directly called the ERV representative from earlier.

“Mr. Liu.”

“We agree to your terms,” Liu Dong said.

“How much equity to sell?”

Others agreed.

So this was the only variable.

“Forty percent.” Liu Dong said, trembling as he spoke, forty percent is indeed astonishing, ERV’s minimum was 20% of the equity for $120 million.

However.

For 40% of the equity.

ERV is willing to pay a 25% premium, offering $300 million.

Very tempting.

“Alright, we will officially sign the contract tomorrow morning,” the representative said.

His authority.

Allows him to make direct decisions.

“Should we hold a press conference?” Liu Dong asked, for any brand, one must not only work diligently but also look up to gain public attention. Entrepreneurs are also public figures.

“Sure, you arrange it.”

“Okay.”

End of communication.

Liu Dong paced back and forth in the office, neither sitting nor standing was comfortable. Three hundred million dollars, the largest financing Jingdong has ever received, worth over 2 billion RMB, was once unimaginable.

The joy came too quickly.

Like a dream.

At this moment.

The phone rang.

“Mr. Ma.”

Liu Dong suppressed his excitement and picked up the phone. Mr. Ma, of course, refers to the one from Penguin. Initially, to fight against Ali and Tang Qing, Penguin invested twice in Jingdong and is also a shareholder.

Because of this.

Jingdong’s valuation grew a few steps more quickly.

Later.

Due to a fierce move by Tang Qing, creating Hummingbird Logistics, Penguin didn’t see Jingdong in such a positive light anymore. However, ERV’s sudden action on Jingdong completely caught Mr. Ma off guard.

This is a comeback.

Forty percent.

Three hundred million dollars.

ERV would definitely not let this investment go to waste.

“Congratulations, Mr. Liu.”

Currently.

ERV is Penguin’s largest shareholder.

Also will be Jingdong’s largest shareholder.

In terms of calculation.

In the future, one leg of everyone will naturally be on the same boat, hence, a call to congratulate was in order.

“Haha, no choice, we’re driven by reality,” Liu Dong said with a tone of helplessness.

“Indeed.”

Mr. Ma also sighed.

Speaking of financing.

As the founder of a company, it was hard not to share the same feeling. If there were funds, who would want to give up company shares, every financing feels like cutting your own flesh, it hurts.

If you profit it’s okay.

If not.

You have to keep cutting.

The bitterness and the journey is unimaginable to others, a hidden bitterness within the joy, but it’s better to get used to it, as long as the ’child’ isn’t taken away.

Everyone’s busy.

After a few words, the call ended.

Then.

The news spread in the industry, one by one, friends called.

Even many investment institutions expressed interest. Liu Dong scoffed at this, you people only go where the meat is, when Jingdong was struggling before, where were you?

Seeing ERV enter made you interested.

Humph.

Dream on.

In the short term, Jingdong’s cash flow should not dry up. With ERV as a major shareholder, bank loans are also easier. After tomorrow, everything will be different, he’s looking forward to it.

With money.

There’s much more you can do.

Warehousing.

Logistics.

Delivery.

Services.

All are current advantages of Jingdong, although Tang Qing has Hummingbird Logistics, Jingdong’s warehousing lacks highlights, but, thinking deeply, there are still many areas for differentiation between the two.

Warehousing is like logistics.

We will focus on the latter two.

We refuse to believe we can’t carve out a niche.

…

The next day.

In the morning.

Media rushed over upon hearing the news. When they learned the exact content, each one was in shock. Oh my, within just a few days, ERV made two large investments in Huaxia.

Penguin.

Jingdong.

Pumping in billions of dollars.

Who will be the next lucky one?

“Rich.”

“So rich they only have money left.”

“Exactly, they’re doing some park loans in Africa, currently at tens of billions of dollars in scale, combined with what they invested in Huaxia, within half a month, over a hundred billion dollars have gone out.”

“Crazy.”

“Can’t be like this.”

“…”

The journalists had no hard feelings about foreign investment, as domestic capital was too weak and troublesome. Often, they hoped for choice and competition. Otherwise, having a single dominant entity without any option is unfair to consumers, as it leaves them no choice but to stick with something unsatisfying.

When the signing was complete.

Liu Dong let out a sigh of relief.

It was done.

“Jingdong is going to rise.”

“Another Huaxia company favored by ERV.”

“…”

Reporters didn’t have any particular dislike for foreign investment.

At home, capital is too weak and it’s troublesome. They often want a choice and competition. Otherwise, with one dominant, it’s not fair to consumers; if one side is displeased, they have no other choice.

Do we all have to take the same boat now?