Rebirth: I have Monopoly System
Chapter 247 - 245: I’m Talking About US DollarsBy the time they returned to Rongcheng from the Ta Gong Grassland, it was already nine o’clock on Monday night.
The group had a late-night meal at a barbecue restaurant before finally parting ways.
Online speculation about Wu Yun’s identity was rampant and varied.
Because Wu Yun had instructed his general managers in advance, none of his personal information was leaked.
Plus, he didn’t usually have his picture taken, so Wu Yun could enjoy a few days of peace and quiet.
On the way back to the city, however, Wu Yun received calls from Li Qiuliang and Zhou Shen. They said that some reporters wanted an interview and asked if Wu Yun had any intention of making an appearance.
Wu Yun thought about it and decided to refuse the interviews for now. He planned to reconsider after Tencent made its move.
Since Little Red Car wasn’t short on funds, Tencent was acquiring shares. Pinduoduo, on the other hand, needed a large injection of capital, so it was preparing to directly open its Series A funding round.
...
On November 25, 2014, Little Red Car’s monthly review meeting was held as scheduled in the conference room, as Wu Yun had returned on time.
9:30 AM.
Because Wu Yun looked so young, like just another employee coming to work, he slipped right past the reporters’ cameras in the lobby waiting area.
Peng Zhijian, who arrived later, was mobbed by the reporters.
A male reporter in his thirties rushed up to Peng Zhijian and asked, "President Peng, excuse me, is Tencent here today to discuss a partnership with Little Red Car, or is Little Red Car preparing for a funding round?"
Reporters’ questions were always so blunt. Peng Zhijian stopped, smiled, and replied, "We’re here today to negotiate with Little Red Car about acquiring a portion of their shares! As for the bike-sharing market, we at Tencent are quite optimistic."
The male reporter’s spirits lifted, and he pressed on, "President Peng, can you reveal how many shares Tencent is planning to acquire?"
Peng Zhijian smiled. "I can’t answer that right now. We’re here to discuss it today, and the specific details will have to wait for the negotiations in the meeting."
With that, Peng Zhijian led his large entourage inside.
Just then, a younger colleague asked, "Brother Li, who was that? I saw you getting all excited!"
The male reporter chuckled. "It’s normal that you don’t recognize him. After all, you’re not a finance reporter. You should know, in the eyes of us finance reporters, that man’s status is no less than Tencent’s Xiaomage!"
The reporter’s words piqued the interest of two other female reporters as well. The young man who had just asked the question exclaimed, "No way! Who is he at Tencent?!"
As the young man said this, he was already calculating in his head how to write up his report. After all, even if he hadn’t managed to see the "legendary" President Wu, this news was enough to satisfy his editor.
Now in his area of expertise, the male reporter wore a smug smile. "That’s President Peng Zhijian, the head of Tencent’s Investment and M&A Department! You have to understand, behind many of Tencent’s successful investment cases, you’ll find this powerhouse."
"You could say that any project he sets his sights on is bound to take off! Of course, when I say ’take off,’ I mean in the eyes of us finance reporters. Many of these companies aren’t household names, but their market caps are beyond the average person’s imagination."
A female reporter looked at the man with admiration. "Brother Li, I had no idea you knew so much! In that case, can you tell us how many shares Little Red Car might sell? What do you think its estimated market cap will be?"
The female reporter’s gaze was very pleasing to Brother Li. He lowered his voice so only the four of them could hear. "Based on my decade-plus of experience as a finance reporter, Little Red Car’s frantic expansion these past few months shows they aren’t short on cash. As the boss, Wu Yun definitely won’t sell off too many shares."
"Besides, given Tencent’s usual investment philosophy, I think they’ll probably acquire 10% to 20% of the shares. Their main goal is investment and partnership; taking a controlling stake is secondary."
"I think..." Brother Li paused, slowly reaching for his teacup.
This knack for cliffhangers left the other three reporters feeling like they were on pins and needles, wishing they could pry open Brother Li’s head to see what he was thinking.
After taking a sip of tea, Brother Li continued slowly, "And I think that after this share acquisition, we’ll soon see Little Red Car appear on WeChat’s platform. As for the valuation, I’d guess a few hundred million US Dollars, but I don’t have the financial statements, so I can’t be sure."
Seeing the three of them listening to him as if he were telling a story, Brother Li said smugly, "Have you thought about the subsequent developments this event could lead to?"
The young male reporter was from the entertainment section. If you wanted to talk celebrity gossip, he could go on for days, but when it came to these business dealings, he was completely lost.
If Wu Yun didn’t also have a film and television company, he wouldn’t have even been sent to Rongcheng to try his luck.
Deciding to get as much information as he could, he smiled and asked, "Brother Li, could you explain the connections for us? We’re still too inexperienced; our vision isn’t as far-reaching as yours."
’Brother Li figured that since none of the three were competitors from the finance section, even if they heard his simple analysis, their reports wouldn’t be as detailed as his.’
The thought was fleeting. Brother Li smiled and said, "We’re all here because of the man who owns several companies, Big Boss Wu!"
The three of them nodded in agreement.
"Xiaolin, tell us, what do President Wu’s companies do?"
The entertainment reporter named Xiaolin thought for a moment and said, "There’s Little Red Car, and Pinduoduo, which is an e-commerce platform. Then there are two game companies, and the one I follow, Phoenix Entertainment. I’m not really clear on the others."
Brother Li guided him along. "And what did Tencent get its start in?"
"I know! Social media software and licensed games!" the other female reporter, who had been silent until now, said excitedly.
Brother Li smiled and nodded. "Correct! That’s why I believe that once there’s a first partnership, there will be many more! All of President Wu’s companies could potentially align with Tencent’s current business operations!"
"The year before last, at the ’UP2012 Tencent Games Annual Conference,’ Cheng Wu officially announced the launch of their pan-entertainment strategy. This strategy involves games, novels, film, television, and all other entertainment-related industries."
’Brother Li felt like he was Zhuge Liang, just without the feather fan.’
Regarding the pan-entertainment strategy, Brother Li only briefly mentioned the potential ways Wu Yun’s game and film companies might cooperate with Tencent.
Brother Li also knew that a finance reporter could get away with publishing such bold, speculative conjectures, but if other reporters wrote about something so unsubstantiated, their readers would just think the news was unreliable.
"But let’s put the pan-entertainment strategy aside for a moment. Let’s talk about the closed-loop ecosystem Tencent wants to build—payments, social media, e-commerce, and so on! From Tencent’s investment in Jingdong, you can see that Xiaomage has always had his eyes on Old Ma’s territory, always looking to raid his base."
"So, I estimate Pinduoduo will also let Tencent get on board soon!"
"From all this, you can see that if he has a behemoth like Tencent backing him, Wu Yun will become a household name and a billionaire in China in a very short time!"
"Brother Li! Look at the registered capital of Wuyun Company—he’s already a billionaire!"
"I’m talking about US Dollars!"
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