Wang Ye didn't know about the things that happened in distant Europe. He is now busy negotiating with several investment bank representatives.

After several rounds of fierce and tense negotiations, Temasek withdrew. They felt that Wang Ye’s appetite was too big. If Wang Ye’s valuation was based on Wang Ye’s valuation, the risk would be too high.

Sequoia Capital and IDG joined forces, both of which are capitals with American backgrounds and are inseparable from close contact. This time I met a big fish, and if I acted alone, I couldn't bear it, so I simply joined forces to invest.

The other side is SoftBank International, which is led by several Eastern European and Japanese investment banks, and continues to follow up on this investment.

On May 18, the top floor of the office building No. 1, Mingguang Science and Technology Park, was in the conference room.

The American Shopping Network attended the conference today, including Wang Ye and Li Xin, and the team leader of SoftBank International's joint investor, Masayoshi Son. Now that it is a critical moment, Masayoshi Son has also taken action personally.

Masayoshi Son, who is in his fifties, has a short and fat body, and has a round face and looks very kind. He is a Japanese-Korean and a famous figure in the investment banking industry!

How great SoftBank is in the investment banking industry? Just talk about one data and you will understand that this investment bank has invested in more than 600 companies around the world, and more than 300 major companies in the Internet industry. They have basically invested in it.

It can also be said that the rapid development of the Internet over the years is absolutely inseparable from the promotion behind SoftBank.

"Mr. Sun, I have long admired Daming!" Wang Ye greeted him politely.

"Hello Mr. Wang, in the past two years, Mr. Wang is the first among the newly emerging entrepreneurs in the mainland! My investment this time is for you, Mr. Wang!"

When Son Masayoshi came up, he put a high hat on Wang Ye, and Wang Ye expressed his guilt.

The negotiations officially began because Wang Ye had already stated that this financing only accepts share transfers and does not expand shares. The meaning is that if you want to join the Meigou website, then you should pay for the shares in Wang Ye. As long as the price is satisfied, there will be no problem. If he is not satisfied, there will be no need to negotiate.

Masayoshi Son signaled to the assistant next to him to start. The female assistant in his thirties opened the folder: "Dr. Wang, based on the relevant data provided by Meigou.com, we investigated the development of the cosmetics market in the mainland and referred to the valuations of similar companies in the mainland market. The final valuation was 62 billion yuan."

This is 10 billion more than the last quotation, and it is still a relatively conscientious price.

Wang Ye nodded slightly, without saying a word.

Li Xin next to him sat upright and said, "I wonder if you have noticed a news, that is, in April just past, JD.com, which mainly operates electrical appliances and computers, conducted a new round of financing, led by Tiger Capital and DST, with a total investment of up to 1.5 billion US dollars! The valuation given to JD.com is 7.5 billion US dollars, which is 62 billion RMB!"

This news was published in public and is also the largest amount of funds raised by domestic Internet companies in recent years. Of course, everyone present knows it.

Son Masayoshi's assistant asked, "What do you want to illustrate with this example?"

Li Xin smiled slightly: "If I talk about a few more data, you will understand what I want to say."

He didn't have to look at the information at hand. The relevant data had been kept in mind. He said loudly: "As of yesterday, the number of registered users of Meigou.com was 56 million, and JD.com had 25 million. Since the online online, the average daily sales of Meigou.com has been 180 million, and JD.com's average daily sales in the past month have been less than 60 million."

As soon as these two key data were reported, it was obvious that Meigou.com surpassed JD.com in all respects. Then the question arises, why does SoftBank International's quotation equate the valuation of Meigou.com with JD.com!

Son Masayoshi's assistant's face stuttered, and after a while, he replied: "Please note that JD.com operates electrical appliances and computers, and the market potential and share of these products far exceed that of cosmetics!"

"But, their competitors are also very strong. As far as I know, SoftBank International invests in Taobao is JD's biggest competitor. And Meigo.com has no opponent!" Li Xin was very imposing and took advantage of the victory to pursue.

This made the other party speechless. Meigou.com does not have any opponents now. They are investment banks, so of course they understand what this means. This is the most imaginative and most tempting, monopoly!

In contrast, although JD.com operates the most popular products, household appliances, computer components and accessories, the competition is also very large.

Let’s not talk about offline electrical chain giants like Gome and Suning, but online e-commerce giants like Taobao are eyeing him.

Although JD.com and Taobao are mainly self-operated and only platform-based, the business model is quite different, and there is no head-on conflict at present. However, one mountain cannot accommodate two tigers, and sooner or later there will be competition.

Once this kind of competition begins, it will be extremely tragic and will basically not end without being separated. So from the perspective of prospects, JD.com cannot be compared with Meigou.com.

Masayoshi Son remained silent and seemed not going to speak.

Seeing that Masayoshi Sun's assistant had to speak to tell what, Wang Ye raised his hand and signaled her to stop.

Standing up, holding his arms on the table, staring at the representative of SoftBank International, Wang Ye said: "It seems that your party does not have enough understanding of U.S. Shopping.com. There is no need to continue to negotiate this offer now. Mr. Sun, what do you think?"

Masayoshi Son also stood up, bowed first, and said with apologies: "I'm very sorry, our valuation does not take into account some factors. Please give us two more days, we will recalculate the market value of your company and come up with a new offer!"

The negotiations with SoftBank International are temporarily over. After the news came out, Sequoia Capital and IDG opened an account overnight to discuss their quotation issues.

Representatives of the joint investment group have arrived in Pengcheng and stayed at the Sheraton Hotel in the city center. In the suite on the top floor of the hotel, representatives from Sequoia Capital and IDG gathered in the small conference room and started a fierce discussion.

"Risk the quotation! This is our opportunity. SoftBank has underestimated the potential of the US Shopping Network and gave a low price. We can take advantage of the situation and give Wang Ye a high price that is hard to refuse. Before SoftBank reacts, quickly end the battle!" Zhou Da stood up, waved his arms, and said excitedly.

"But, our offer is already very high... Do we need to raise it? Is it too risky?" IDG's representative Jack said hesitantly.

"Not enough, do you know, Jack. I'm interested in Wang Ye! You've seen his resume. How many such people have seen in our decades of investment career? And which one has not become a real big shot and made a great company?" Zhou Da's tone was very affirmative. He firmly optimistic about Wang Ye. Sometimes investment is to invest, and Zhou Da dares to fight for Wang Ye.

"So how much is the right amount to increase?" Jack gave in.

"Add 20 billion! The total valuation reaches 100 billion!"

The number Zhou Da said made Jack jump up suddenly. He shouted in disbelief: "Are you crazy?! Is Meigou really worth so much money?"

"Value! You and I know JD.com's financing in April. Since JD.com is worth 62 billion, then Meigou.com is definitely worth 100 billion! Just this number, I think it's a bit underestimated!"

"It's crazy, it's crazy! I didn't understand the financing in April. Why is JD worth so much money? Now I can't understand your valuation!" Jack said it was difficult to understand.

Zhou Da calmed down and smiled and said, "You don't understand because you don't understand the mainland market yet! Only those of us who have been stationed on the main road for a long time know how huge potential and explosive power this market is! Moreover, this power will be displayed soon. Look, this year, more amazing large investments will enter the mainland. That's because more and more colleagues have discovered that this market is about to enter the explosive period!"

Jack is not completely unaware of the mainland market, he just can't believe it, or he can't accept it for the time being. After listening to Zhou Da's words, he calmed down and thought about it carefully. In his heart, he had actually accepted Zhou Da's new valuation.

"Okay, you convinced me, and I believe in your judgment. But this amount is too huge. I need to report to the board of directors and obtain authorization."

Not only Jack needs to report to the board of directors, but Zhou Da also needs it.

Immediately, the two of them found a room and started to communicate with the headquarters via the trans-ocean telephone.

The next morning, although they only slept for three or four hours at night, Zhou Da and Jack still looked energetic.

The two got up early to wash up, had breakfast, and took the car sent by Li Qinghuan to Mingguang Science and Technology Park.

It is also on the top floor of the No. 1 office building, in the conference room, and the representatives of Meigou.com are Wang Ye and Li Xin. Sequoia Capital and IDG are Zhou Da and Jack.

At the beginning of the negotiations, Jack was the first to speak: "Mr. Wang, in order to negotiate a suitable offer, Mr. Zhou and I almost didn't sleep last night. Believe me, this price will definitely satisfy you!"

Wang Ye smiled and said, "I am looking forward to your offer. If both parties can reach a consensus, I hope to make a decision as soon as possible."

"One hundred billion! Our valuation of Mego.com is 100 billion! However, additional conditions are required, or a bet agreement." Zhou Da was very proud of the people and directly quoted the price.

He did not say that 20 billion would be used to acquire 20% of the shares, but started with the valuation price of 100 billion US dollars. This is his negotiation skills. 20 billion does not sound as shocking as 100 billion, although the two mean the same.

Sure enough, when the word "100 billion" was said, even Li Xin was stunned for a moment. He really didn't expect that Sequoia Capital and IDG would actually give Meigou such a high valuation. The price is really unbelievable. You must know that Meigou has only been online for a month.
Chapter completed!