Rebirth is very troublesome

Chapter 977 Testing

After saying this, Lu Ying directed the administrative secretary of the board of directors' office to distribute the information to everyone.

"The information you have is the performance data of Guocheng Delivery for the whole year of last year and the first half of this year."

Wei Yutong and Wang Yu have a division of labor, and matters related to company operations are naturally handled by her as the executive president: "In addition, it also includes some commercial merger and acquisition project data after the second financing, and the data of registered users after the second financing. Growth data, new business content after the second financing, and development prospect analysis report.”

While listening to Wei Yutong's explanation, everyone looked through the information.

"Throughout 2009, Guocheng Takeaway's annual revenue reached 35.2 billion and profit was 5.37 million. As of June this year, half-year revenue has reached 6 billion, exceeding the whole of last year. According to the growth rate in the first half of the year, the entire year has reached 37.7 billion. The year is expected to exceed the 1200 billion mark. Since the acquisition of Mi Tuan, Guocheng Takeout has added 3000 million registered users. With the release of the Guoke II generation and new Apple models, the smartphone market has further expanded, and it is expected to have registered users by the end of the year. It’s expected to exceed million.”

In fact, many of the data in this document are not secrets. After all, investors are qualified to supervise the use of financing funds and even the investment results.

But when Wei Yutong was reading this, everyone else in the conference room acted like they were listening.

"In the first half of this year, Guocheng Food Delivery merged with 47 small food delivery companies and 13 medium-sized food delivery companies. According to market research statistics, in the food delivery industry, our company's market share has exceeded 81%, far ahead of other similar companies."

It took about half an hour for Wei Yutong to slowly finish reading the information.

"Everyone, this is the development report of Chengcheng Food Delivery since the second round of financing. Do you have any questions?"

Because of the ventilation the day before yesterday, Wei Yutong was secretly trying to reach the goal of 1000 billion, so he deliberately disclosed several key information in the information.

"Based on the results of the last round of financing, Guocheng Food Delivery is temporarily valued at RMB 135 billion."

Pan Guoqi from Sequoia Capital said: "As far as I know, IDG currently holds 6.65% of the equity, SoftBank and Hualong each have 3.8% of the equity, Sequoia Capital and Hillhouse International each hold 2.5% of the equity, and Gao Hanwen He personally holds 4.0375% of the equity, Luo Xiaoyuan personally holds 0.8075% of the equity, Wei Yutong Wei holds 4.0375% of the equity, Fan Jie personally holds 4.0375% of the equity, Mr. Wang holds 35.625% of the equity, and Mr. Wei holds 32.3% of the equity. Holds % of the equity. Should you remember this data correctly?"

"Mr. Pan has an excellent memory, not bad at all!"

Wei Yutong nodded and said: "Based on the distribution after the second round of financing, this is the data."

"The General Health Administration has notified several of our institutions before that this time it will provide 30% of the equity for financing. Is this confirmed?"

"Sure, Mr. Wang is here today. Mr. Pan might as well consult him."

"That's no need. I'm just asking according to the rules."

Pan Guoqi smiled and said, "I have no other questions for the time being."

At this time, Wei Yutong turned his attention to several other people, indicating that if they had any questions, they could ask them now.

“Are you ready to go public after confirming the third round of financing?”

At this time, Xiao Haiyang spoke, and he asked with a smile: "Still not sure whether there will be Series D financing?"

"If we have money, we should all make it together. If we really want to engage in rounds D, E, and F. We are full, and you will be dissatisfied!"

Before Wei Yutong could answer, Wang Yu interjected: "As you all know, I own the smartphone industry, so I have a good understanding of this market. As of the end of last year, the number of smartphone users nationwide exceeded 1.1 million, and the annual smartphone sales reached 3200 million units, and this growth rate is quite fast. According to industry association estimates, the number of smartphone users nationwide will exceed 1.5 million this year, and new sales throughout the year will exceed 4000 million units. What is the concept?" When talking about this, , Wang Yu smiled: "If I raise a D round of financing next year, can you imagine how many users Guocheng Takeout will have and what the annual revenue will be?"

"When Mr. Wang opens his mouth, every word is worth a fortune!"

Hillhouse Capital's Yuan Ziqian joked: "It was like this last time. We already had a relatively certain valuation for Guocheng Takeaway, but as soon as you took action, the valuation increased by billions with just a few words. "

"That's not supported by performance."

The conversation between the two seemed to be joking, but in fact it contained a hint of wit.

At that time, Dianping was blocked by Mi Tuan, and Sequoia Capital and Hillhouse Capital were betting on both sides. The situation was really not optimistic.

Wang Yu cleverly used the new generation of smart phone Guoke I to break the predicament and convinced IDG, SoftBank and Hualong with an APP software. In the end, he defeated Mi Tuan and acquired it, forcing Sequoia Capital and Hillhouse Capital to look back. Grass.

"What does Mr. Wang think of the valuation of this financing?"

Jiang Fusheng spoke at this time. It was said that he was invited by Wang Yu to join the game. Seeing that the scene was going in a sharp direction, he immediately stepped forward to ask the most critical question to divert everyone's attention.

"I think everyone should have a mental price before coming here, so why not learn from last time and let's take a look first?"

After saying this, everyone became quiet.

After a while, Xiao Haiyang finally said with a smile: "Looking at how confident Mr. Wang is, he must have some trump card, right?"

His words resonated with everyone, and everyone felt that Wang Yu must have a back-up plan.

No one will look down on Wang Yu now, not to mention that he is a recognized genius in the industry, and the business empire he founded has begun to take shape, and he is already one of the top ones in the domestic business circle.

“It’s not really a trump card, it’s just that the prospects of this industry are really there and everyone can see it.”

Wang Yu raised a finger and said: "Although my revenue this year still needs to reach tens of billions, I bet that this number will become more than 300 billion within three years, and it can exceed 1000 billion within ten years!"

Not to mention Xiao Haiyang and the others, even Xiao Ma had a look of surprise on his face.

“Our per capita income doubles every four years or so, and income determines consumption habits. As urbanization progresses faster and faster, a large number of young people will flock to the city to make a living, and they will be the mainstay of the food delivery industry. There is no doubt that it has the most solid user base. I believe everyone should have it in the business prospect survey report before the second round of financing, right?"

After Wang Yu finished speaking, he looked at Wei Yutong: "Mr. Wei, how about starting the first round of valuation quotations?"

Wei Yutong smiled and nodded: "Lu Ying, give everyone a paper and pen portfolio!"

After finishing speaking, he stood up and said: "Mr. Wang, Mr. Gao, let's go have a cup of tea together and leave time and space to everyone?"

(End of this chapter)