During the time when Li Feng was still in the United States, Baibao Group officially completed the acquisition of all the Chinese assets of Global Mall.

Except for the Chinese version of Gpay, which is still owned by Global Mall, the rest of the assets have all entered the system of Baibao Group, especially the largest asset, the Chinese version of the website platform of Global Mall, which has started the integration with Baibao.com.

Baibao.com has been facing small and medium-sized sellers before, and the number of large sellers on the platform is not much, but with the integration of the Chinese version of the global mall resources, more large-scale merchants have appeared on Baibao.com, and even many of the world's top 500 enterprises and brands.

It can be said that Baibao.com has integrated the Chinese version of the global mall's website and integrated thousands of large sellers at once, and packaged these resources into its own bag as a whole.

The total value of the shocking deal is more than $200 million, including Baibao.com's sale of 12% of its own equity, which is worth more than $100 million at current valuations. In addition, Baibao Group paid 500 million in cash, and another 400 million in cash deferred disbursements, for a total of 900 million in cash, which also reached 100 million US dollars at the current exchange rate.

Although on the whole, the actual value of the assets of the Global Mall in China exceeds 200 million US dollars, but through this transaction, the reputation of the Global Mall has been improved to a certain extent.

Because the market has seen the huge potential of Huaxia, this market is completely different from other markets in the world, and the local power is very strong, so any multinational giant who wants to occupy this market will pay a huge price.

The strategic transformation of the global mall, has also been generally given a positive evaluation by the market, after ensuring the hegemony of other major markets in the world, the only pain point of the global mall is now the Chinese market, rather than in this market continue to lose blood, it is better to withdraw directly, which also makes the industry on the profit expectations of the global mall began to rise.

As a result of all these positive conditions, the valuation of Global Mall has not only not declined, but has begun to climb.

Now, whether it is the local market of the United States, or in East Asia, Europe, North America, Oceania and other major markets, the wave of e-commerce trend led by the global mall has been unstoppable, the company's overall valuation, after breaking through 10 billion US dollars, has soared again, and now it has reached the level of 13 billion US dollars, which is equivalent to a 100 billion super-large company at this exchange rate.

At this time, there are far from 100 billion Internet companies in China, and the current largest Internet companies, that is, Li Feng's New Dream Group and Longyu's Baibao Group, the valuation of the two major groups is basically at the level of 78 billion yuan, less than one-tenth of the global mall.

It can be said that in this era, the development level of American Internet companies is far ahead of China, and it is also far ahead of other countries in the world.

Encouraged by the news of the acquisition, Baibao Group's position in the Internet field in China continued to soar, not only becoming a well-deserved leader in the field of e-commerce, but also looking at the entire Internet market, Baibao Group's position is also unique, officially surpassing New Dream Group, becoming the largest Internet group company in China.

In the international market, the pace of listing of Global Mall is also accelerating, and after getting rid of Huaxia's assets, Global Mall has obtained a large amount of cash from Baibao Group, which makes its own cash flow very abundant.

Another major positive is that after the Global Mall obtained 12% of the equity of Baibao Group, it has actually become one of the important shareholders of Baibao Group, with the overall valuation of Baibao Group continues to increase, the 12% equity has also been greatly appreciated, only a week after the end of the transaction, the overall appreciation of this equity has exceeded 30%, which also makes the market more optimistic about the future development prospects of Global Mall.

Surrounded by a lot of good news, Rioport finally swept away the previous haze and began to lead the Global Mall to start the pace of listing in the U.S. stock market.

In the recent major international financial media, Rioport's news has also increased, and Rioport, who came out of the previous scandal, has also begun to receive more and more positive comments, especially his decisive role in leading the global e-commerce upgrade, which has been widely recognized by the entire industry, and in the future, whether it is capital or technology, it will rush to this international Internet giant, so that it can control a huge part of the resources of the entire market.

In this case, there is no possibility of a start-up competitor, as long as this type of start-up company appears, it will either be acquired by the Global Mall, or it will be directly eliminated, its monopoly position in the world has been basically established, except for Huaxia's Baibao Group, no other company can participate.

And because the market prospect of the global mall is clearer, the valuation has been continuously improved, so that the company's overall listing pace began to accelerate, the original plan for next year's listing began to advance, and there is even a radical view that the global mall can be completed by the end of 2003.

On the one hand, he hopes that he can get on the wealth list as soon as possible and truly become the world's top richest person, so that his status in the industry will be improved again, on the other hand, after the listing, with the endorsement of the stock market, the credibility of the Global Mall will also be doubled, which will play a great role in promoting the company's market expansion in the future.

If it successfully landed on the U.S. stock market in 2003, then the work in 2004 would have been much smoother, and it would have brought great benefits to the global mall to seize the time window and carry out a larger-scale layout.

Therefore, after Leopold flew back to the United States after completing the transaction, he immediately went to Wall Street in New York and began to plan the specific plan for listing.

At this moment, Li Feng has also realized that his two old rivals have started a new strategic layout, and the new dream group will add a lot of new variables on the future development path, which also makes him worried.

After all, these two opponents are very strong, one is the developing domestic upstart Baibao Group, and the other is the global mall that has become an international giant.

Li Feng, who was visiting Silicon Valley in the United States, had to end his trip early and return to Jiangzhou City to prepare for the huge changes in the market in the future.