Winning the new financial era

Chapter 115 Private Bank
The matter of Penguin's shareholding in Ruixiang Group has not been hidden for a few days, and it has spread in the industry all of a sudden, and reporters keep calling the company to inquire.

Zhang Yida asked everyone to unify the caliber, and there is no comment for the time being, and the official announcement will be made when the C round of financing is launched on December 12st.

Now it's a real hammer!Many people are guessing how much Penguin has invested, and what is the valuation of Ruixiang.

It is said that Penguin invested 10 billion U.S. dollars, and Ruixiang’s valuation is 60 billion U.S. dollars.

It is also said that Penguin invested 30 billion U.S. dollars, holding 51% of Sharpward.

There are different opinions, some say it is just a financial investment, and some say it was sold and controlled.

There is one thing in common, that is, the valuation is not less than 60 billion US dollars.

Just kidding, the last round of Ruixiang was valued at 30 billion US dollars.In the past half a year or so, the mobile payment business has been launched, and Hantai Fund has been invested, and loan products have been launched...

The valuation must have doubled!

Huang Xin, Chen Wei, and Zhang Ming were all a little curious and called Zhang Yida one after another.

Huang Xin asked a little sourly on the phone:
"Yida, yes! How much did you raise in the C round?"

"Hey, 10 digits!"

Zhang Yida made a fool of himself.

"U.S. knife? 10 billion?"

Huang Xin was shocked, which was a bit beyond his expectation.

"It's $20 billion!"

There is nothing that can't be said, and it will be officially announced at the financing conference in a few days, so Zhang Yida told Huang Xin in advance, appearing to be a little closer.

"Damn it! The post-investment valuation exceeds tens of billions of dollars, right?"

Huang Xin had mixed feelings in his heart. Both Ruixiang and Meituan were valued at US$30 billion in the last round of financing. Now Ruixiang is ahead of Meituan.

"Well! Just crossed the 2000 billion threshold! We have to work harder! Look at Penguin and Ari. All of them are worth more than [-] billion U.S. dollars!"

Zhang Yida admitted it generously, and then he was modest, saying that he had to keep up with the giants.

"Have you negotiated the D round of 7 million US dollars?" Zhang Yida turned around and started asking Huang Xin again.

Huang Xin also said generously:
"It has been negotiated, sell 10% of the shares, and the post-investment valuation is 70 billion U.S. dollars. Due diligence is being done."

"The pace of development of Meituan is not slow! When did you go to acquire Dianping?"

Zhang Yida boasted first, and then made a joke about Huang Xin.

"Heh! Compared with Ruixiang's Cyclonus, we are still a bit slower. Next, we need to speed up!

I really like the comments, and they are quite complementary to us, but I can’t afford them. "

Huang Xin liked to chat with Zhang Yida, he didn't put on airs, and he didn't show too much.

“I also think that you and Dianping are quite complementary. Dianping’s large amount of high-quality review content just complements Meituan’s group buying and takeaway business.

After you acquire reviews, you can open up all the services and review systems in the consumption scene before consumption, during consumption and after consumption.

Use reviews to determine merchants before consumption, use group buying or takeaway to order food during consumption, and continue to use reviews to evaluate merchants truthfully and objectively after consumption.

Ultimately guide the consumption behavior of subsequent consumers, which is a closed loop of consumption services.

Moreover, Dianping’s share in the group buying market is not small. Merging them, Meituan will become a well-deserved overlord, with the effect of 1+1>2. "

Zhang Yida decided to show Huang Xin a clear path to merge Dianping.

In the last life, next year, in October 2015, the two parties formally merged into the "New Magnesium University" group.

After listening to Zhang Yida's analysis, Huang Xin was a little tempted, but considering the actual situation, he smiled wryly:

"Dianping is affiliated with Penguin, and we are affiliated with Ahri. The merger may be very difficult."

"Hei Shirt's opinion is also very important, he has shares in both of you. You can talk to Shen Beipeng!"

Zhang Yida thought for a while, then said:
"If you have financial difficulties, Ruixiang can make an investment."

Huang Xin came to his senses, and I said, why are you so kindly advising Meituan? It turned out that you wanted to take a stake in the merger.

He does not reject Ruixiang Investment.As long as it does not affect the right to control and speak, anyone can take money.

"Okay! I'll think about it." Huang Xin hung up the phone and began to think about Zhang Yida's suggestion.

Zhang Yida hung up the phone with a slight smile on his lips.

Let Meituan become an important partner of Ruixiang, which is also a part of Ruixiang's big financial strategy.

In addition to investment, you can also exchange shares with Meituan in the future to become a financial supplier of Meituan and enjoy the huge traffic of this national-level application.

And next year, Ari will clear the shares of Mei Tuan, completely going against Mei Tuan.It's also nice to have a sidekick to share Ahri's firepower with.

Chen Wei called to congratulate:
"Brother Yida, congratulations! We will be our own family from now on, we need to strengthen cooperation!"

Penguin is an important shareholder of Didi, and now Ruixiang is also a member of the Penguin family, so Chen Wei said so.

As far as the company relationship is concerned, the current relationship between Ruixiang and Didi is far better than that of Meituan.

On Didi's side, Mobao Pay and WeChat Pay have always been Didi's payment partners.Penguin did not force Didi to remove Mobao Pay, and only kept WeChat Pay.

It's different with Meituan. Alipay is so strong that Huang Xin removes Mobao Alipay.Huang Xin couldn't bear the pressure from Ahri, so he did as well, and even called Zhang Yida to say sorry.

So, this is also a small reason why Zhang Yida turned to Penguin!Ahri is too strong, and the arms are extremely long.

Chatted with Chen Wei for a few words, and told him that Ruixiang raised 20 billion US dollars this time.

After hearing this, Chen Wei salivated with envy, and said:
"Didi is also very short of money now! Do you want to invest in a round?"

"Haha, Ruixiang is also missing! These are all ammunition for the mobile payment war next year."

Didi’s current valuation is about the same as that of Meituan, both at US$70 billion.Let Ruixiang invest [-] to [-] million U.S. dollars in him, and next year's mobile payment battle can only be watched from the sidelines.

Although you can't invest, you can also carry out some share swap cooperation in the future, Zhang Yida said:

"How are you talking with Kuai? Are you going to merge?"

Chen Wei smiled and said, "It's not that easy, we're still talking."

Zhang Yida remembered that the two parties announced the merger in early February next year, and it will be only two months from now.

The rise of Didi has been unstoppable, and then it will merge Uber.

"Have you ever thought about providing loans for drivers and passengers? Open a port for Ruixiang on the Didi APP to strengthen mutual cooperation in the financial field.

Didi can also obtain an additional income, making the revenue higher, which will help to increase the valuation of your follow-up financing. "

Zhang Yida began to instill in Chen Wei the ways and means of realizing financial flows.

"Great idea! Now we are burning money all the time, and the income can't increase. Investors have already complained..."

Chen Wei began to complain.

Zhang Yida thought to himself, how fierce are you!Burn tens of millions a day without blinking your eyes.

After a chat, Zhang Yida and Chen Wei reached a cooperation intention in the financial field.

However, the cooperation time has to be postponed a little longer, and the cooperation will not be considered until after the travel campaign is over.

Now busy fighting with Kuaidi, I dare not launch financial services for fear of affecting the user experience.

Zhang Ming had never received financing from a giant, so his words were not so pleasant, saying:

"Yida, why are you thinking of getting Penguin's financing? With so much domestic and foreign capital, Ruixiang will not worry about financing!

After taking the penguin's money, what if they exert influence on you in the future? "

Zhang Yida smiled. Zhang Ming looked gentle, but he was actually a very far-sighted person.

The three businesses of BAT in later generations competed one by one, e-commerce, social networking, and content search.

After bumping into many walls, Qiandu finally picked a soft persimmon and chased after him.

Zhang Yida said:
"It's not that serious, we are A shares, Penguin holds A shares, and we don't have much voting rights.

Now is the time to fight against Ahri, learn to compromise! "

Hearing this, Zhang Ming also understood that they are not stupid and have their own schemes.

"How is Toutiao's current advertising monetization? Are you considering adding a financial business?"

Zhang Yida is going to cooperate with Toutiao to explore traffic everywhere.

"Financial business? You said to cooperate with you and put up some financial advertisements?" Zhang Ming asked.

"Yes, that's what it means. What do you think?"

Considering that Toutiao has always focused on technology and content, Zhang Yida is not particularly familiar with the financial field, and there is a lot of room for complementarity with Ruixiang.

"No problem! Come over to talk about cooperation when you are free." Zhang Ming agreed after a little consideration.

After hanging up the phone, Zhang Yida was very happy.Toutiao has the largest traffic among the three small giants. After the cooperation, Ruixiang can also grab some traffic.

In addition, Penguin will also start WeChat and QQ first-level entrance. After this wave of traffic, Ruixiang will also have the opportunity to become a national-level application.

However, it is not enough just to import traffic.There must be ways and means to retain traffic and retain users.

Looking at all of Sharp's businesses, mobile payment has the greatest potential and the most users in the future.

With the support of mobile payment, users will open the APP every day.

Mobile payment is used as the traffic entrance, and other financial management, loans, funds, and insurance businesses can drive it.

When it comes to socializing, the first thing people think of is penguins.When it comes to e-commerce, the first thing people think of is Ali.

When Zhang Yida wanted people to mention finance, the first thing that came to mind was Ruixiang.

To achieve this goal and become a national-level application, the market share of mobile payment is essential.

In addition, Ruixiang's financial business layout must also be comprehensive.

At present, Ruixiang still lacks the key licenses of securities, banking, insurance, and trust.

Securities licenses, insurance licenses, and trust licenses are rare licenses that can only be obtained through acquisitions.

Moreover, acquisition opportunities are still hard to come by, so we can only wait.

In terms of banks, thousands of banks across the country, village banks, rural commercial banks, and city commercial banks are not worth much; the strength of joint-stock banks does not allow it.

What Zhang Yida wants most is a private bank license. WeBank will be approved for establishment next month, and MYbank will also be established next year.

"Xinwang Bank!" Zhang Yida slapped his thigh, thinking of this bank.

Will Boss Liu give me a chance to become a shareholder for the sake of fellow hometown people?

The key is not knowing people!Zhang Yida thought, he must find a way to connect with someone first.

(End of this chapter)