Chapter 61: Investing in Jingdong

After Liu Qiangdong heard Xia Yu's words, after taking a sip of tea, he moistened his throat and said.

"Jingdong Company is now very eager to cooperate with your company, after the company held a meeting to discuss, we lowered the company's valuation, and now the company's valuation is only 100 million US dollars, which is half of the previous valuation."

"There is no urgency for this cooperation for the time being, so much money, our company can't come up with it for the time being! Or Mr. Liu will ask other investment companies to see if they can finance the funds needed for the development of JD.com. Xia Yu said with a smile.

Liu Qiangdong was obedient and listened, and naturally knew that Shengshi Investment Company was not unable to invest so much money, but felt that the valuation he said was too high.

Liu Qiangdong felt a little aggrieved in his heart, from the valuation of 200 million US dollars to 100 million US dollars, he did not expect that he still could not satisfy these venture capital companies.

"Mr. Xia! I don't know what your company's valuation is for our JD.com? Liu Qiangdong thought for a while and said.

"This ......!" Xia Yu said with a wry smile.

"The development potential of Jingdong Company is still very good, and the valuation of 100 million US dollars should still be acceptable, but our Shengshi Investment Company is a small company that has just been established, and its strength is limited! Although I really want to cooperate with Mr. Liu's company, the company's strength is limited! So I sincerely suggest Mr. Liu, or go to other investment companies to try it! ”

"Isn't your Jingdong company cooperating with Jinri Capital very well? Maybe Jinri Capital is willing to reinvest in your company? ”

Liu Qiangdong left Shengshi Investment Company a little disappointed! He also visited several well-known investment companies one after another, including Jinri Capital.

And Liu Qiangdong, who hit a wall everywhere, lowered the company's valuation to $80 million again.

It's just that Qi Xin of Jinri Capital is also saying that he can't help at this time, the strength of Jinri Capital at this time is still not very strong, and the financial crisis has begun to turn around the world, all companies are believing that cash is king, returning funds, and are holding a cautious wait-and-see attitude towards any investment.

"Mr. Liu, judging from the current situation, for the company's valuation, $80 million may still be a bit too high." Qi Xin faced Liu Qiangdong and said with a wry smile a little helplessly.

"Then Mr. Qi thinks that the valuation of the company should be set at what is more appropriate?" Liu Qiangdong asked.

"This! You can let the wind go and lower the company's valuation to $65 million to give it a try, and maybe there will be that investment fund company, and maybe it will be interested. Qi Xin thought for a while and said.

"Isn't $65 million too little?" Liu Qiangdong was a little unhappy in his heart, and hesitated for a moment and said.

"Mr. Liu! I know that this valuation, you may be a little difficult to accept for a while, but you should also feel the current economic situation, if the company's valuation is too high, it is very difficult to find investors. Qi Xin said helplessly.

"This is your first venture, success is very important to you, although the valuation is a bit low, but you have to accept it! Time waits for no one, and if you don't have capital, it's hard for your company to survive. ”

"It's better to suffer a loss now than if the company goes down."

Liu Qiangdong was very helpless, although he was very unhappy, but he also knew that Qi Xin was right, nothing was more important than the company's continued survival.

As a result, Mr. Liu lowered the company's valuation to $65 million, which really attracted the interest of a well-known investment fund company.

But this is just that other fund companies have some interest in investing in JD.com, and the specific needs to be discussed and discussed.

As a result, after several rounds of negotiations, the well-known investment fund company valued Jingdong at only $45 million.

Liu Qiangdong called Qi Xin of Jinri Capital again, after all, Jinri Capital at this time, but the major shareholder of Jingzhong Company, accounting for 40% of the shares of Jingzhong Company, Jingzhong Company wants to continue financing, of course, it must be agreed by Jinri Capital, at least Jinri Capital should be notified.

After hearing this, Qi Xin had no choice, so he persuaded Liu Qiangdong to accept this valuation as he had done when he met before, and to raise capital as soon as possible, so that the company could survive and develop.

However, before the financing agreement was finally signed, a major event occurred that shocked the world, and Lehman Brothers of the United States declared bankruptcy and collapsed.

In the last round of negotiations, this well-known investment fund company cut the valuation of Jingdong from $45 million to $30 million.

Before Chen Weidong saw the news that Lehman Brothers had declared bankruptcy, he had already closed all the U.S. oil futures in his hand and began to short U.S. oil futures on a large scale.

This time the action was very large, buying 100,000 short positions at a time.

This opportunity is too rare, Chen Weidong does not hesitate to take risks to invest in heavy positions, a trading volume of millions of heads a day, 100,000 hands should not attract much attention, Chen Weidong feels that it is still relatively safe and reliable.

At the same time, Chen Weidong called Xia Yu and asked her to take the initiative to contact Jingdong Company and offer Jingdong Company a valuation of $4,500, and Shengshi Investment Company was willing to invest $20 million, accounting for 40 percent of Jingdong's shares, and was willing to urgently provide $2 million to support the development of Jingdong Company.

When Liu Qiangdong was anxious, he suddenly received a call from Xia Yu, the general manager of Shengshi Investment Company, how to choose no longer need to think about it, Liu Qiangdong heard Xia Yu say that he could immediately provide two million US dollars to Jingdong Company for development, so he directly accepted the investment of Shengshi Investment Company.

After receiving a call from Liu Qiangdong, Qi Xin also said that she did not have any opinions. After all, Qi Xin had already agreed to a valuation of $45 million, but the final result was just a change in an investment company.

Moreover, Qi Xin also has a great interest in this newly emerged Shengshi investment company, which is an investment company that donated 200 million yuan in one go! With the current strength of Jinri Capital, it is obviously far worse than others.

At the same time, BYD's Huang Chuanfu has just rejected the investment of the stock god Buffett, not to say how sufficient BYD's funds are, in fact, because of the continuous decline in BYD's stock price, it has had a great impact on the company's operation.

In the past, for the development of the company, the equity pledged to the bank, because the stock price continued to fall, the bank has been urging, and they need to make up another rent, because they have borrowed too much, and the stock pledged to the bank is now not enough to offset the loan.

However, the investment of the stock god Ba Feite is too large, and he wants to account for 20 percent of the shares, which is absolutely unacceptable to Huang Chuanfu, who is bent on making a national brand.

If it were a domestic entrepreneur who wanted to invest so much, accounting for 20% of the company's shares, Huang Chuanfu would not resist so much.

However, although Huang Chuanfu rejected the investment of the stock god Bafeite, the company's financial shortage problem has not been solved, which makes Huang Chuanfu feel some sorrow.

Huang Chuanfu couldn't help but think of Shengshi Investment Company, which came to the company to find him at the beginning of this year and wanted to invest in BYD.

At that time, the company's stock price was still more than 14 yuan a share, but Shengshi Investment Company wanted to invest in BYD Company at a price of 8 yuan a share, and Huang Chuanfu certainly couldn't agree to such a request.

But the company's current stock price has fallen below eight yuan a share, and it is now about to fall below seven yuan a share.