"Establishment of an Indian Joint Venture Finance Company?"

Lei Jun was silent and began to think about the gains and losses that Zhang Yida's proposal brought to the rice group.

In the past two years, with the Internet financial market becoming more and more hot, Rice Group also officially entered the field of mutual finance last year.

Compared with other large Internet companies, Rice's start is not too early, but the layout is very fast, and its own financial business has been called "full flowering" regardless of foreign investment.

In May 2015, Rice Finance was officially launched, and then launched financial products such as "Current Treasure", "Regular Treasure" and "Rice Fund Treasure";

In June, Yuzhou Rice Microfinance Co., Ltd. was established;

In September, the microfinance product Rice Loan began public beta, which is only open to rice mobile phone users.

At the beginning of this year, Rice acquired 65% of the shares of Jiefu Ruitong Co., Ltd. at a price of 600 million yuan and won the third-party payment license;

Subsequently, it acquired Beijing Hongyuan Insurance Brokers Co., Ltd. and won the insurance brokerage license;

Some time ago, Rice launched its first insurance product "Rice Children's Insurance";

In addition, MiPay, a product under development, Mi Chip, an Internet equity crowdfunding platform, and Xingwang Bank, which has just been approved for establishment.

In just one year, Rice Group has completed the financial layout of many subdivisions such as Internet financial management, loans, payment, insurance, crowdfunding, and banking.

At the same time, it is also a low-key player in the field of mutual funds.

Compared with the high-profile counterparts of Leech Financial Services, Goudong Finance, and Ruixiang Jinke, the presence of rice's financial sector is very low, and many people in the outside world don't even know that rice has these businesses.

Zhang Yida knew that rice finance was a master who made a fortune in a muffled voice, and in his previous life, he relied on mobile phone pre-installed loan software to become China's largest financial player in India.

If Ruixiang can reach a cooperation with Rice Finance, relying on the market share of rice mobile phones in India, it will save a lot of promotion work.

But what are the benefits of cooperating with Ruixiang for the rice group?

Fintech talents, risk control strength?

These are very urgent needs for small companies or traditional enterprises.

But for the Rice Group, this is not a problem at all.

China's booming mutual finance market in recent years has cultivated a large number of talents in financial technology.

As long as the rice group is willing to spend money, these are not a matter at all.

It can be seen that the cooperation between Rice Group and Ruixiang does not have many benefits, but it is necessary to transfer part of the benefits and give part of the financial benefits created by Indian rice flour to Rice Group.

Lei Jun felt that it was a little uneconomical, but he didn't say anything to death, he said to Zhang Yida: "This needs to be considered in the long run. Rice has not yet gained a foothold in India, and we have no intention of starting a financial business in India for the time being.

I've heard that there are a lot of unicorns invested in India!"

Lei Jun is not interested in the joint venture, and Zhang Yida also understands, after all, all the energy of the Zhongguancun model worker is on the mobile phone at this time.

The matter of cooperative lending still needs to be slowed down, and he will not slowly "wake up" until he sees the huge profits created by the domestic rice finance.

In addition, Ruixiang's overseas investment layout needs to become more extensive and more solid in order to "attract" partners.

Cooperation is a strong alliance, compared with the user base laid by rice in India, Ruixiang is temporarily worse.

Rice is "not looking" at this time, which is expected.

"Yes, Ruixiang has invested in several Internet companies in India, but they are not large. It's nowhere near as big unicorns as Flipkart, Snapdeal, and Paytm. ”

Zhang Yida saw that Lei Jun staggered the topic, so he followed his words and talked about investment in India.

Lei Jun smiled, the three companies listed by Zhang Yida are the three largest unicorns in India, with a valuation of billions of dollars, and the return on investment is not high.

However, the seven or eight Indian companies that Ruixiang invested in are almost all valued at hundreds of millions of dollars, and the potential for investment appreciation is huge.

For example, the hotel chain OYO, the ride-hailing platform Ola, and the food delivery platform Zomato......

These companies can be seen on the streets of India with their billboards or ride-hailing drivers and delivery workers.

Lei Jun has been on a business trip to India several times, and he has also seen this scene.

He judged that these companies would become India's Ctrip, Didi and Magnesium Group.

In this way, Zhang Yida will make a lot of money. To be honest, Lei Jun still admires Zhang Yida's investment vision very much.

Because Lei Jun himself likes to do angel investment, he is known as the "chairman of the board", and has invested in UC Browser, Lakala, YY Huanju Times, and Cheetah Mobile...... and a large number of successful projects.

Nowadays, Lei Jun rarely makes personal angel investments, and is handed over to Shunwei Capital, which holds 51% of his shares, but in fact, it is still Lei Jun who makes the final decision.

Xu Dalai, the founding partner of Shunwei Capital, once told the media: Lei Jun will participate in every meeting of the Shunwei Investment Committee, and all projects must be seen and decided in person.

It can be seen that Lei Jun is really addicted to investment.

"Huayi Capital is also very good, Toutiao, magnesium group, and Didi have all been invested. ”

"No, I can't. Zhang Yida smiled and waved his hand, "We have been eating our old books, and we haven't even gained an IPO yet." ”

"Soon, Huayi Capital has been established for less than three years, right?"

"Well, more than two years and less than three years. ”

Lei Jun smiled and nodded, "This investment performance is already very good, and it has basically entered the ranks of domestic first-line venture capital." ”

"Shunwei Capital wants to go abroad and invest abroad, but we have no way!"

Lei Jun spread his hands, and said with a smile: "Yida, if you have any good investment projects in the future, you can cooperate with us Shunwei Capital."

We don't have a big share, just a little share. ”

Zhang Yida smiled and nodded as agreed, he still wanted to have a better relationship with Lei Jun, so that he could go to India to hug rice thighs in the future, this little thing is not a problem at all.

"It's better for you to do the Internet and high-tech, and your business has gone abroad. ”

Liu Yonghao shook his head and sighed, "We can only sell feed in China." ”

"Mr. Liu, you're joking again. ”

Lei Jun said with a smile: "Xinwang Group established an overseas factory in Vietnam in the nineties, and a few years ago, it also bought milk factories and ranches in Australia.

I heard that you have industrial and investment layouts in more than 30 countries overseas.

You're really low-key!"

was exposed by Lei Jun, Liu Yonghao laughed, "We can't help it!"

Modern agriculture and food industry is the pillar industry of our group, in order to maintain an advantage in the fierce market competition, we can only continue to carry out upstream and downstream and industrial chain investment layout. ”

"Some time ago, we bought a pet food company and sincerely love pets.

Founded in Australia in 1994, RealPetFood Company is the largest pet food company in Australia, the second largest in the Australian and New Zealand markets, and the world's largest manufacturer of refrigerated pet food. ”

Speaking of this, Liu Yonghao looked at Zhang Yida and said with a smile: "Yida, now I am walking with your father again!"

Lei Jun and Cao Shiru also laughed after hearing this, everyone has known each other for so long, and basically understands Zhang Yida's family situation.

I know that their family used to make pig feed, and now they have transformed into dog food.

"The pet food industry is promising! Mr. Liu has made a good investment. Zhang Yida praised it, showing a very relieved look, and did not feel unhappy at all because he became a peer with Xinwang Group.

In fact, for Xinwang Group's entry into the pet market, he had already received the relevant information, and he was not too relieved.

In the pet market, there are now two big players, Xinwang Group, which has the advantages of production system, supply chain, and R&D system;

Gaoling Capital of the Department of Finance has the advantages of capital and good at integrating resources.

The former, Xinwang Group, has an industrial investment platform called Grassroots Zhiben.

Grassroots Zhiben has five major industrial sectors: dairy, cold chain, condiments, nutrition and health products, and pet food.

Last year, Grassroots Zhiben also joined forces with SoftBank and other investment institutions to invest $29 million in Petra.com's competitor Lepet.

The latter Gaoling Capital only began to vigorously carry out the layout of the pet industry this year, and invested in a Pete network before.

Since the beginning of this year, more than a dozen companies have been invested in the pet market at home and abroad, and they are menacing.

Compared with Xinwang Group, what makes Zhang Yida more jealous is the latter's Gaoling Group.

Clearly set out a pair of buy, buy, buy, and then integrate the posture of a giant company in the pet market.

The emergence of such a company, whether it is for his own pet.com or his father's Dogfud, will cause a kind of market squeeze.

"The pet market is growing rapidly, according to the 2016 China Pet Industry White Paper, China's pet industry will reach 134 billion yuan in 2017, and it is expected that by 2020, it will maintain an average high growth rate of 30.9%. ”

Liu Yonghao turned his head and looked at Zhang Yida with a smile, "Yida, do you have any thoughts when you hear these numbers." ”

"The market is too big for Petra.com and Dogfud to eat. We can just keep the current business growth rate. ”

Liu Yonghao didn't believe that Zhang Yida had no idea about the huge market of the pet industry, and continued: "In the domestic pet market, pet food accounts for 34%.

However, this market of tens of billions and may reach hundreds of billions in the next few years has not yet given birth to domestic leading brands.

The pet food market is mainly divided by foreign giants such as Mars and Nestle, and the A-share listed Petty shares and Zhongpet shares are also export-oriented, and mainly for OEM processing, with no brand competitiveness. ”

"Yida, your family's Dogfud has developed well in the past two years, especially relying on your Internet industry to do online sales. ”

Zhang Yida shook his head and smiled, "The market share is very small, nearly 50 billion pet food market, and we barely occupy 1% of it." Not at all. ”

Liu Yonghao nodded, this was similar to the data he knew.

At present, the pet market lacks a domestic brand of leading enterprises.

I would like to let the grassroots Zhiben rely on this outlet and the dividend period of the market, integrate the group's global resources, and create a brand with a dominant position in the market. ”

After listening to Liu Yonghao's bold words, Lei Jun and Cao Shiru both expressed their heartfelt admiration and support.

Zhang Yida also echoed: "With the strength accumulation of Xinwang Group for many years, the probability of this thing being done is very high. ”

"Yida, take the liberty of asking, have you ever thought about selling the two companies of Peternet and Dogfud?"

Feng Shui takes turns, and Zhang Yida, who recently bought companies everywhere, also encountered "being acquired", and the object was Liu Yonghao, the former richest man who was not bad for money.