Rebirth 2004: I can make money by writing.

Chapter 377 Jingdong Mall C Round Financing

Thursday morning, September 17th.

Hao Qiang met with Liu Qiangdong at the company's headquarters in Pengcheng.

This was Liu Qiangdong's first time to come to the office on the 37th floor. He sat on the spacious sofa, his eyes attracted by the magnificent sea view outside the window.

"Mr. Hao, the scenery here is really great. You can have a panoramic view of the sea." Liu Qiangdong exclaimed sincerely, with a bit of envy in his tone.

In front of Hao Qiang, Liu Qiangdong maintained a humble attitude.

He knew that without Hao Qiang's support, there would be no Jingdong Mall thriving today.

Hao Qiang holds a 49% stake in Jingdong Mall, but he hardly cares about the company's daily operations and does not interfere with Liu Qiangdong's management.

Future Technology Group owns many high-quality companies.

Renjian Fireworks is preparing for its IPO. After its Series A round of financing at the beginning of the year, its valuation reached 150 billion yuan, and is now estimated to be close to 200 billion yuan.

Companies such as Galaxy New Energy, Future Automobile, and Future Motorcycle are all industry giants.

After the launch of Future Car, its sales have been encouraging, with cumulative sales reaching nearly 30,000 units.

As Hao Qiang's partner, Liu Qiangdong also purchased a Future ES6.

I have to say, this car is really easy to drive.

"Well, it's really nice here." Hao Qiang replied.

He lived here for a while and felt quite comfortable.

"It's starting to get colder in the capital, but the daytime temperature in Pengcheng is still 30 degrees Celsius, which is very suitable for a winter vacation." Liu Qiangdong continued.

"People from the south are indeed not very adaptable to the climate of the imperial capital. If I were to live here for a long time, I would not go beyond the Yellow River basin in the north." Hao Qiang agreed.

After the greetings, Liu Qiangdong began to report on the latest developments of Jingdong Mall:

“Mr. Hao, since our Series B funding round last June, we have experienced rapid growth.

The product categories have been expanded on a large scale, from the initial 3C digital products to books, audio-visual products, home furnishings and other fields.

Increase investment in self-built logistics systems and build a nationwide warehousing and distribution network.

Delivery efficiency has been greatly improved, and customer satisfaction has also increased accordingly.

The daily order processing volume has increased from 2.8 to 10, and monthly sales have jumped to 13 billion yuan.

The number of employees has also reached 7,000.

The number of registered users has exceeded 1200 million, making it the second largest B2C e-commerce platform in China, second only to Taobao.

Following Mr. Hao's instructions, we launched a mobile shopping app and began to develop mobile e-commerce to prepare for the market after the popularization of smartphones.

......"

Liu Qiangdong paused, seeing that Hao Qiang was listening attentively, and then added: "Now the company's retained funds are less than 100 million yuan, I think it's time to conduct a Series C financing.

Do you have any suggestions on this?"

No matter how successfully Jingdong Mall develops, it cannot escape the fact that Hao Qiang strongly supports it.

Liu Qiangdong is full of vigor and ambition in front of others, but in front of Hao Qiang, he is still willing to be a younger brother.

What's more, Hao Qiang holds a 49% stake.

After listening to the report, Hao Qiang smiled approvingly: "Well, this development speed far exceeded my expectations.

Thank you for your hard work, Mr. Liu. Investing in Jingdong is the wisest decision I have ever made."

In his previous life memory, it would take at least until early 2011 for Jingdong Mall to reach this scale.

Today's development progress is more than a year faster than the original trajectory.

Considering that Hao Qiang only started raising funds for Jingdong Mall in March 2007, being able to speed up the process so much is already a very difficult achievement.

When Liu Qiangdong heard Hao Qiang's praise, he couldn't help but smile.

It is indeed a matter of pride to be recognized by this business tycoon.

Hao Qiang then asked, "Mr. Liu, which investment institutions have recently expressed their intention to raise funds?"

"Large institutions like Bull Capital Partners, DST Global, and Tiger Global have all reached out, and some smaller investment institutions have also expressed interest," Liu Qiangdong replied respectfully. "After they learned you were a major shareholder, their interest grew even stronger."

Hao Qiang nodded in understanding, and then suggested, “I think now is a good time to start the C round of financing.

My suggestion is to raise 10% of the shares, what do you think? "

The two sides hit it off immediately, and Liu Qiangdong also had the same idea. He said:

"I think so too. The pre-investment valuations given by these investment institutions are between 26 billion and 32 billion US dollars."

Hao Qiang pondered for a moment and nodded slightly: "This valuation range is acceptable.

Then find a time to talk to them.

We hope this round of financing can support the company's operations for one to two years, and then we can consider Series D financing."

Liu Qiangdong carefully took note of Hao Qiang's opinions and prepared to proceed with the financing matters in this direction.

This meeting not only confirmed the financing plan, but also further strengthened the trust and understanding between the two.

Liu Qiangdong rarely comes here, and he plans to visit the car factory of Future Technology Group.

Hao Qiang took him to take a look and patrol at the same time.

It is now mid-September, the weather is mild, and the workshop is not as hot as it was at the beginning of the month.

The roof of the company's factory is insulated, and even the side walls are insulated, and water is sprayed during the day to reduce temperature.

There are trees planted around the factory to block the sunlight, but the trees have only been planted for a short time and have not yet grown into tall trees that cover the sky.

It definitely has a cooling effect, but the air rolls into the workshop with heat waves, and even God can't stop it.

The two men first went to the stamping workshop, received safety helmets at the gate and put them on.

Liu Qiangdong looked at the automated equipment in the workshop, where workers only needed to stand by and supervise. He said enviously, "This is a true high-tech company, and it's independently developed."

Hao Qiang disagreed: "Only when we can manufacture cutting-edge chips and no longer rely on imports can we challenge foreigners."

"Mr. Hao, your expectations are too high. We need to take it one step at a time. It would be amazing if Future Cars could beat imported luxury car brands."

"Don't be too happy too soon. If someone blocks my car chip, I have no way to deal with it."

"Well, that makes sense." Liu Qiangdong was speechless.

He saw that Hao Qiang was not too proud. So that's why. He had already seen the crisis.

What about the hidden dangers of Jingdong Shopping Mall?

Thinking of this, Liu Qiangdong was not as proud as before.

I thought I had achieved a small success, but the person in front of me...

He is already the richest man in the country and his group owns many world-leading technologies, but he has always been worried.

Chips, how can it be solved so easily?

The country is powerless.

"Mr. Hao, do you think someone would develop chips?"

Hao Qiang smiled and said, "If we rely on it, we're doomed."

It’s better not to say it. He felt a little angry when he thought about it.

Liu Qiangdong noticed that Hao Qiang had a mocking tone and seemed to be pessimistic about a certain idea.

Well, he is not in the industry and he really doesn’t know much about this business.

The two of them took a quick look and soon arrived at the welding workshop.

Liu Qiangdong asked: "Mr. Hao, you are an expert. You said that Jingdong can achieve automated sorting and transportation. Is this possible?"

"Of course, intelligent sorting and moving is also a future trend. However, the current chip costs are high and the investment is relatively large."

"Oh, I see."

"Take your time and give it a try. It's not difficult, and our company can do it," Hao Qiang said. "Let's wait until the second half of next year. It won't take long to develop intelligent sorting and moving robots. The prerequisite is that barcode management and standard packaging are done well, otherwise it will be difficult to identify.

Look at the transport robots just now, they all have identification standards."

"Okay, then I understand." Liu Qiangdong thought about it and it was easy to understand.

Seeing that Hao Qiang took on the task forcefully, he didn't know what to say.

Future Technology Group has strong technological capabilities, so there will definitely be no problem for them to do it.

If I give it to other companies, I might end up wasting money and not getting a good job.

After visiting the manufacturing of the future automobile factory and listening to Hao Qiang's explanation on how to use it in Jingdong, Liu Qiangdong learned a lot.

The heavy workload at Jingdong Shopping Mall includes express packaging, sorting and handling. If machines can replace manual labor, the efficiency should be much higher.