Perfection of Rebirth

Chapter 487 Want to fight with Alibaba?
Teito Polytechnic Building.

"Mr. Liu, this Guanghui Group is too powerful. I see that there are more than a dozen company plaques hanging at the door, all of which are well-known companies."

"One day, our Beijing West will be well-known, let's go, let's go directly to Guanghui Investment."

……

"Hello, I'm looking for Mr. Guan," Liu Qiangxi said when he came to the front desk of Guanghui Investment.

"Is it Mr. Liu? Mr. Guan is already waiting for you in the conference room, this way please."

Liu Qiangxi has been investing recently, and he has seen a lot of people's feelings. Today, seeing the beautiful woman at the front desk, Mr. Guan, has ordered that he will come today, and he can't help but increase his confidence in the success of this financing.

"Mr. Guan, Mr. Liu and the others are here," the receptionist said to Guan Weidong after knocking on the door lightly and going to the conference room.

"Hello Mr. Liu", Guan Weidong stood up and shook hands with Liu Qiangxi.

After that, there was a simple exchange of pleasantries.

"Mr. Guan, I wonder what your company thinks about the financing conditions we mentioned last time?" Liu Qiangxi couldn't help but shift the topic to financing at first. It can be seen that the experience of finding funds during this period has also hit him. Pretty big.

"Mr. Liu, to be honest, I am quite optimistic about the development of Internet shopping. However, Jingxi processes less than [-] orders a day, and the scale is too small."

"Guan Zong, the order volume of Jingxi seems to be small, but it is already among the top five in China."

There is nothing wrong with what Liu Qiangxi said.In 2006, the three largest online shopping companies were Taobao, eBay, and Paipai, followed by Jingxi and Dangdang branches.

"Last year, the online shopping market exceeded 300 billion yuan, but it was basically the market of Taobao and eBay. Jingxi's turnover was not even a fraction of that of others."

It seems that no matter it is an ordinary transaction or a large transaction, the buyer will first depreciate the seller's things.

"Mr. Guan, you are half right. In the C2C market, Taobao and eBay are really strong; but in the B2C field, what we do in Jingxi is the best."

There are mainly two modes of online shopping: one is C2C, that is, goods and information go directly from consumers to consumers, commonly known as "opening a shop online", such as Taobao; the other is B2C mode, that is, goods and information go directly from enterprises to consumers. consumer.

C2C means the e-commerce behavior among consumers.For example, a consumer has a computer, conducts transactions through the network, and sells it to another consumer. This type of transaction is called C2C e-commerce.

In China's C2C market, Taobao's market share exceeds 60%.If it is in a traditional industry, Taobao can sit back and relax.However, in the ever-changing Internet field, such an advantage is not an insurmountable barrier.

Just in March of this year, Paipai.com announced its official operation.In just two months, the rapid growth of Paipai.com has made Paipai, which relies on Penguin, a dark horse with full potential in the C3C field of China.

In Jiang Hui’s view, the close tie-up with Penguin’s other businesses gives Paipai a differentiated advantage that other shopping platforms cannot match, and this is a key reason for the rapid development of Paipai.com.

B2C is the abbreviation of Business-to-Customer, and its Chinese abbreviation is "Business to Customer". "Business-to-customer" is a model of e-commerce, which is commonly referred to as a commercial retail model that sells products and services directly to consumers.

In fact, B2C is the earliest online shopping model, but now C2C has surpassed it.

"Jingxi is indeed the leader in the subdivision field, so we will consider sitting down and negotiating. But now you want a high valuation that exceeds market expectations, and you only want to sell a little share, which makes people very uncomfortable. It’s hard to accept. Presumably other VCs have the same opinion, right?”

"Mr. Guan, can you talk about the requirements of Guanghui Investment in detail?"

"First, according to the valuation of [-] million, we will buy [-]% of the shares and keep [-]% for you; second, sell [-] points of shares according to what you said, but we can only give you [-] million at the valuation."

"Jingxi is like my child, I will not sell it, and the valuation of [-] million is too low."

"It's not for sale, the company is still yours, and we will not interfere with the company's daily operations after we become a shareholder."

"You are the major shareholder. Today you said that you will not interfere with the operation. What can I do if the other day changes? Mr. Guan, let's be honest, [-]% of the shares are too much. How about I take a step back and sell [-]%?"

"What's the use of 4000%? We spend 2 million to get [-]%. We might as well support a company again. In the C[-]B field, traffic is the most important thing, and the most important thing for our group is to import traffic."

"Thirty percent, up to thirty percent, this is my bottom line."

"Sixty percent, but we only need [-]% of the voting rights."

Hearing what Guan Weidong said, Liu Qiangxi's eyes lit up: "It seems that Brilliance Investment is really optimistic about Jingxi and itself."

"[-]% is too much. This is only the first round of financing. There will definitely be a second and third round in the future. At that time, I will hold fewer shares. [-]%, of which [-]% have no voting rights."

……

In the end, Brilliant Investment acquired 40.00% of Jingxi Wu’s shares with an investment of 20.00 million yuan, of which [-]% has voting rights.It is equivalent to Brilliant Investment buying five more shares at a [-]% premium.

At Jiang Hui's suggestion, Jingxi Multimedia also changed its name to Jingxi Mall in advance.Guanghui Payment has also become the default payment method of Jingxi Mall.

Both parties were very low-key about Guanghui Investment's investment in Jingxi, but after a few days, the news spread.

……

Alibaba.

"You said Guanghui Group has also entered the online shopping market? Is the news accurate?".

"It should be accurate. Although the details of the transaction between the two parties are not very clear, it is certain that Guanghui Group will invest in Beijing West."

"We just defeated eBay, followed by Paipai and Dangdang, and now there is another Jingxi. It seems that everyone wants to come to the e-commerce market to get a share."

"Jingxi is currently engaged in B2C business, which is somewhat different from ours. Our competitors should still be eBay and Paipai."

"It cannot be simply understood in this way. No matter what the model is, it is all online shopping, and everyone has a competitive relationship."

"Then it seems that we will not only fight with penguins in the future, but also fight with the giant Guanghui."

"The scale of Penguin is not much different from ours, and Paipai entered so late, so it is not so easy to shake our position. But Guanghui Group is different. They are too different and cannot be inferred by common sense. The most important thing for C2C is traffic. Import, and companies such as Tudou.com and Xiaonei.com under Guanghui Group are all top Internet companies in China. If they help Beijing West import traffic, we will be in trouble."

"There is no turning back when you open the bow. If there is a war in the west of Beijing, we will fight it, but we will not take the initiative to provoke a war."

"Well, but we're not afraid of war either."

……

(End of this chapter)