The two sides met for the first time, but the specific financing would not be until a week later, as the new round of financing would require consultation with previous investors.

In this regard, Bluestar Technology said that there is no problem.

After Zhang Xuhao sent Pang Lei away, several young co-founders screamed excitedly in the office, and finally released the excitement that had been suppressed before.

There are no outsiders anymore anyway.

After calming down the excitement in his heart, Zhang Xuhao called the previous investment institution as soon as possible and explained the general content of the matter.

The previous VC agreed without hesitation when he learned the news, without him, although Bluestar Technology wanted 40% of the equity in one go, the original shareholders must have been greatly diluted shares, but the overall valuation skyrocketed from nearly $100 million to $750 million.

The more important reason is that the investment risk has plummeted directly, because the signboard of Bluestar Technology is too loud, and it has also given WeChat a first-level traffic entrance.

There is no doubt that with the entry of Bluestar Technology, the future of Ele.me is brighter than ever.

After obtaining the attitude of all shareholders, Zhang Xuhao confirmed that it was correct and contacted the strategic investment department of Bluestar Technology the next day, and Pang Lei directly gave him a positive answer, and five days later, the staff of Bluestar Technology will visit the door, sign the contract and remit 300 million US dollars in cash directly to the company's account on the same day.

With this money, Zhang Xuhao believes that the company's ammunition is abundant, and there is no need to consider Series E financing in the next three or four years.

It is best to be able to achieve IPO after Series D financing, but he also knows that this is basically not very hopeful, after all, such as Bluestar Technology, which can achieve IPO after Series C financing, and the initial public offering is more than 5 billion US dollars, which is an extremely rare example in the history of global Internet development.

Throughout the history of the development of the world's Internet industry, in the past decade, only two companies have set a sensational IPO record, and now they are all world-famous technology giants.

One is Google, which raised $2.7 billion in its IPO in 2004.

The other is Bluestar Technology, whose IPO in 2006 set a record of $5.6 billion in financing.

In the first decade of the new century, Bluestar Technology and Google were hailed as the "twin stars" of the global Internet industry, and there is really no one more shining than these two newly rising Internet companies in this decade.

After Zhang Xuhao ended his phone call with Pang Lei, he sent an email within the company, which now has 1,283 employees.

The content of the email basically said that the company had negotiated a Series D financing of 1.88 billion ($300 million) at a valuation of 4.7 billion ($750 million), which caused quite a stir within Ele.me.

Zhang Xuhao sent this email to stabilize the morale of the military, after all, the company is in the entrepreneurial stage, even if there are prospects, but it is based on the premise of drawing a big pie, and the employees are worried that the company will not be able to raise money, and even the salary will not be paid at that time.

The news also quickly spread from within Ele.me, and it attracted huge attention in the industry for a while, including competitors and many investment institutions.

This is the largest single financing case set by the Internet industry since 2013, and it is no wonder that it will cause a sensation in the industry.

Everyone is curious about who is so inhumane, but Zhang Xuhao did not disclose the information of the investor in the email, but said that "the investor is the most powerful investment institution and the top Internet company in China", and the specific details will be officially announced on Tuesday, February 19.

This news has also made Ele.me food delivery company the most watched new star in the current circle, and many media and industry insiders have begun to analyze why the online food ordering business is so favored by capital.

Before the industry digested the news, on February 16, another large amount of financing broke out in the Internet technology circle, which directly broke the financing scale of Ele.me.

Meituan held a media conference on the 16th, at which founder Wang Xin officially announced the company's entry into the food delivery industry, and announced the completion of Series C financing of $700 million, with a valuation of $3 billion.

The last round of funding was two years ago, when it was valued at $220 million, and now it has become a unicorn company, and a major message revealed at the press conference has made Meituan the focus of the industry today.

That is, the C round of financing was led by Bluestar Technology Group, followed by Alibaba, General Atlantic Investment, and Sequoia Capital.

Bluestar Technology alone has spent $500 million, which can be called inhumane.

But the most important thing is that the influence of these four words is too great.

With the passage of time, on February 19, Ele.me finally disclosed the information of the investor, and the investor was Bluestar Technology Group.

By this day, the industry had gone from curiosity and surprise to surprise.

Because a few days ago, the news of Meituan's C round of financing was swiped, and the time was pushed forward a few days, and the information disclosed by Zhang Xuhao claimed that the investors were the most powerful investment institutions and top Internet companies in China.

After thinking about it, coupled with Meituan's C round of financing and announcing its entry into the food delivery industry at the same time, Bluestar Technology is undoubtedly the object that most conforms to this sentence.

In late February, media news broke that Ali once again led the investment in Dianping to complete the E round of financing, and the financing amount was not announced, and Sequoia Capital, Tengxun and Bluestar Technology followed.

Just entered March, the Internet broke the financing news again, and Didi Dache completed a $25 million B round of financing, and the investor was Bluestar Technology.

In less than three days, Kuaidi Taxi also announced that it had completed a $1,500 Series A financing, led by Ali and followed by Wei Venture Capital.

No one thought that entering the new year, the domestic Internet technology circle started so strongly, and the two major domestic Internet giants began to frantically "stake their ground", and in just one month, the two Internet giants frequently shot.

Affected by this good news, the science and technology innovation board and Internet concept stocks of large A-shares directly ushered in three consecutive daily limits.

The market and the Internet industry as a whole suddenly became hot, which was unexpected, but reasonable.

People look back at the strategic restructuring of Bluestar Technology Group last year, which is already good news, the reason why it did not stimulate A-shares at that time was because everyone felt that Bluestar Technology would be hit hard by Wall Street's airdrop institutions.

Subsequently, Bluestar Technology won a big victory, and the bearish predators left the market, but the entire market did not fluctuate greatly and entered a stable period.

After all, the time has also entered the New Year, and everyone is in a hurry to celebrate the New Year.

In mid-to-late February of the new year, the top Internet giants in China frantically threw money, and the capital winter of the Internet industry in recent years seemed to disappear overnight, directly igniting the investment fever of the entire industry.

It is worth mentioning that the real estate giant Wanda Group has also joined this investment boom and began to make a move in the Internet industry, which has the posture of staging the "Three Kingdoms War".

As time went on, by March, the bigger positive news stimulated a clear signal that the big A-shares had moved from a bear market to a bull market.

That is, the concept of "Internet +" has become a national strategy.

During this period, the market has topped the world for three consecutive years, with the Shanghai Index falling 7.15% as a whole, the Shenzhen Index falling 11.58% as a whole, the SME Index rising 18.45% as a whole, and the ChiNext Index riding the dust, rising 92.81% overall, of which 80% of the gains were set in the past half month.

……

Hangzhou, Ali headquarters.

"You catch a little brother, I also catch one, soldier to soldier, will fight against you, if this continues, we can't fight Bluestar Technology." Mr. Zhang, who was at the meeting, said worriedly.

"It's not a question of whether we have the final say, or whether we can fight or not, but whether we have to fight." Mr. Ma exhaled deeply and sighed: "You see, the news broke out again today, Jingdong announced the completion of a $1 billion Series E financing, and the investor is Bluestar Technology, and it is an exclusive investment that has spent $1 billion, and Luo Sheng has already burned the war to my hinterland." ”

In the past few years, Ali's managers were very puzzled why Bluestar Technology was working against Teng Xun and Baidu, just not playing with Ali.

It seems to look down on e-commerce, and some industry insiders ridicule it like this, but this is also the reason why Ali can rise.

In fact, it's not that Luo Sheng doesn't want to, but that his energy is limited.

At that time, the focus of Bluestar Technology was almost all in the layout of the international market, especially the North American market, because after 2010, as the scale of China's manufacturing industry topped the world, the attitude of the United States began to change, and it will be difficult to lay out the global developed country market, especially the North American market.

The mainland market has not been Luo Sheng's focus before this, after all, in his eyes, the mainland market can be taken at any time, and he is so confident.

Although the time is a little late, but do a good job of your housekeeping skills "social", the rest of the work will be done, and the cost of late admission will definitely soar, but the cultivation of the international market over the years is also a lot of money, not bad for the increase in costs.

The problem that can be solved by throwing money at it is basically not a problem here in Luo Sheng.

In the conference room, Mr. Ma, who was sitting in the chief, spoke with a smile and a relaxed tone: "There is no need to make it as if it is a big enemy, this time the competitor is indeed very terrifying, but no matter how bad the situation is, it will not be worse than when the IT bubble burst around 01 year, when the company almost died." ”

Ma has always been a master of oratory, and boosting morale is his forte.

"Don't look at the strength of Bluestar Technology, but the big ship is also a big difficulty, it is quite difficult to turn the rudder, and it is not easy to adjust the attitude. Bluestar Technology itself also has a big problem, although there are more than 200 billion US dollars in book cash, but the debt burden has hit the highest in the company's history, and the three major strategies cost more money than one another, not to mention that we cannot be regarded as the number one opponent of Bluestar Technology. ”

"The number one opponent of Bluestar Technology is the group of technology giants in Silicon Valley, so it is impossible to concentrate all his energy on competing with Ali, unless he Luo Sheng is willing to give up the entire national market and shrink in the mainland, but this young man will definitely not shrink in the mainland, the company's size, the company's philosophy and the expectations of the people carried by the company do not allow him Luo Sheng to be a turtle."

"If you look at the cloud computing business of Bluestar Technology, the data center in North America would rather burn billions of dollars a year to maintain and vacant than sell to Google, which is an obvious signal, so it is very good that he Luo Sheng can spare one-tenth of his energy to work against me Ali. Why did he invest in Ele.me, Meituan, Volkswagen, Didi, Jingdong, etc. Because of his limited energy, he couldn't manage it, and he couldn't end up in person, so he had to win over a group of peripheral brothers. ”

As soon as Mr. Ma said this, the managers attending the meeting couldn't help but nod their heads, and their confidence suddenly rose a lot.

That's right, the size of Bluestar Technology is indeed more than three or four times that of Ali, but the opponent to face may be as much as thirty or forty times that of Ali.

Mr. Ma added: "Of course, in terms of tactics, we still have to pay enough attention to competitors, this year in 2013 or next year in 2014, the group company should draw up a prospectus to start the IPO listing plan, this year and next two years is the best time node for Ali, just to take advantage of the current good situation to complete the IPO financing a large amount of money, reserve sufficient ammunition to have the confidence not to be afraid of the opponent's competition!" ”

……