Rebirth: I have Monopoly System

Chapter 216: Capital’s Reaction

Pinduoduo exploded in popularity. While it might not have been famous nationwide, within WeChat circles, its name was on everyone’s lips.

On the day of its launch, Pinduoduo garnered over 500,000 downloads and registrations.

Three days later, Pinduoduo’s registered user count broke two million.

The first thing many people would say in their WeChat Moments or messages was, "Did you get the deal?"

"Haha! I got a microwave for free!"

"I got a shoe cabinet!"

"Xixi, have you downloaded Pinduoduo? Help me slash the price!"

"Son! Help me slash the price!"

...

Many people completed the price-slashing tasks, which signaled the start of Pinduoduo’s cash-burning strategy.

In three days, Pinduoduo had already burned through five million in funds.

Of course, the items available for free through price-slashing were located in a designated section. The product selection was comprehensive, enough to satisfy the needs of most people.

But Pinduoduo’s offerings weren’t limited to price-slashing deals; there were also other products for normal sale.

Even so, the group-buy price was much cheaper than buying individually, causing Pinduoduo’s sales figures to grow rapidly.

Some merchants who had been watching from the sidelines rushed to register on the platform.

For a time, the platform’s service fees and sales commissions helped Pinduoduo recoup a significant amount of its expenses, but it was still not enough to offset the rate of its cash burn.

As soon as Pinduoduo went live, it entered the sights of the investment world. Correspondingly, Pinduoduo’s founder, Wu Yun, became something of a celebrity in capital circles.

Anyone who took the time to look could easily find out which companies were registered under Wu Yun’s name.

Moreover, the registered capital for each company was not low.

When some investors who were just getting to know Wu Yun learned that the current red-hot internet startup, Little Red Car, was also one of his companies, their interest in him surged.

In the three months since Little Red Car’s founding, the company had never opened a funding round. It had received another capital injection, but the amount wasn’t particularly large. Little Red Car had managed to grow continuously just by recycling its user deposits.

This made many investors want to jump on Wu Yun’s bandwagon. Unfortunately, Wu Yun had consistently instructed Li Qiuliang to refuse any current funding offers.

After all, Little Red Car wasn’t short on funds at the moment.

Fortunately, Wu Yun’s contact information hadn’t become public knowledge yet, so for the time being, no one was calling to harass him.

Pinduoduo, Chairman’s Office

Wu Yun was using his admin privileges to check the real-time registration data, sales figures, and other metrics.

Just then, there was a knock on the door.

"Come in!" Wu Yun said without looking up from the screen.

Zhou Shen walked in quickly and smiled at Wu Yun. "President Wu! Great news! I’d say Pinduoduo is already more than halfway to success! For the past two days, investors have been asking if we need funding, but I haven’t agreed to anything! After all, we still have plenty of money in our accounts."

But then Zhou Shen’s tone changed. "However, there is one person... I’m not sure if you want to meet him, but I think he could have a huge impact on us."

Wu Yun looked up and asked curiously, "Oh? Who is it?"

"Peng Zhijian, the General Manager of Tencent’s Investment and M&A Department!"

Information about Peng Zhijian flashed through Wu Yun’s mind.

From 2008 to 2015, Peng Zhijian served as Vice President of Tencent and General Manager of the Investment and M&A Department. He was responsible for establishing and leading Tencent’s global investment and acquisition operations, helping them build a world-leading industry ecosystem.

It was safe to say that Peng Zhijian’s investment acumen was absolutely top-tier.

That was why Peng Zhijian contacting Zhou Shen had made him so happy.

’Who’s ever heard of a company catching the eye of major investors right after its launch?’

"Hmm, it wouldn’t hurt to meet. After all, we still have to rely on Tencent. Without WeChat, we probably would have failed at the first step!" Wu Yun thought for a moment and agreed to the meeting.

Zhou Shen walked out excitedly to contact Peng Zhijian’s assistant.

Soon, he got word back. Peng Zhijian was preparing to come to Modu personally, and the meeting was scheduled for ten o’clock tomorrow morning at Pinduoduo headquarters.

Wu Yun, however, had no desire to seek funding for Pinduoduo just yet. He hadn’t received his November cash back rewards, and he was considering whether he should inject another round of his own capital.

As for meeting with Peng Zhijian, Wu Yun had another consideration: Little Red Car.

Little Red Car’s registered users were already approaching twenty million, and Tencent had contacted them more than once about potential funding.

’This is the perfect opportunity to talk with Peng Zhijian and sell him on a grand vision.’

Once the schedule was set, Wu Yun stood up and said, "President Zhou! I’m heading out! I still need to go check on Phoenix Entertainment next door!"

Zhou Shen watched Wu Yun’s departing figure and his tall bodyguard, sighing with emotion. ’He’s rich, young, and brilliant! Is he even leaving a path for other entrepreneurs to survive?’

Wu Yun and his companion walked to the neighboring Zhen Dan Mansion and took the elevator straight up to the floor where Phoenix Entertainment was located.

Phoenix Entertainment had been keeping a low profile recently. After completing two relatively large investments, it had made a name for itself in the industry.

As a result, many scripts and new actors flocked to Phoenix Entertainment, hoping to try their luck.

Wu Yun also met with a few of the newly signed actors at the company. Through his glasses’ detection, he discovered that most of them had great potential. Their acting skills were also up to par, and each one had their own particular strengths.

There was one young man in particular that Wu Yun was optimistic about. He had actually trained in martial arts routines to a proficient level. Combined with his masterful acting, Wu Yun believed that with the right script, he could definitely shine!

However, Wu Yun just met with them briefly, offered some words of encouragement, and didn’t interfere with Wei Feng’s plans for them.

Like a visitor, Wu Yun toured the company, chatted with Wei Feng about life and ideals, and then left the office.

...

After leaving Zhen Dan Mansion, Wu Yun and his companion walked toward Cofco Seaview No.1.

As he walked, Wu Yun’s mind wandered. ’Ever since leaving school, I haven’t had a moment’s peace. In fact, I’m even busier!’

’Didn’t I decide to treat life like a game and have deep conversations about life’s ideals with beautiful women? How have I ended up completely cooped up in the office these past few days!’

’This won’t do! I need to find a chance to check out the nightlife in the Great Modu!’

Wei Wu’s voice interrupted Wu Yun’s thoughts. "Boss! I just received a message from the Russians!"

Wu Yun stopped walking and asked, "Are they coming over?"

Wei Wu shook his head. "No. The Russians told me they recently took a job protecting a rich businessman, and they’re still in Africa! They estimate the contract won’t end until the end of the year."

Wei Wu smiled. "They’re all very interested in coming to work in Huaxia!"

The job Wu Yun offered didn’t pay a huge amount in US Dollars, but the work environment was what made them so relaxed.

’With a stable and relatively safe job, who would want to risk their life on a battlefield, facing bullets?’

Of course, this wasn’t to say they were afraid of death. It’s just human nature to seek advantages and avoid harm.

"It’s just the issue with the work visas! They’re a bit worried about that."

Wu Yun said nonchalantly, "On that front, I’ll have someone arrange it. After all, they used to be a legitimate small company."

’Even if it can’t be arranged, I’ve already found a related all-in-one service in the system. As long as I’m willing to spend the money, anything is possible!’

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