I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 632 Double 2 Billion Cooperation
One billion!
Even though Jiang Hao is now worth over 10 billion, he still trembles in his mind at the thought of this number.
Today is November 11th, and there is actually only one month of service time left until Double 10.
Earn a billion a month?
It is estimated that the revenue of Haijing Technology since its establishment is about this number.
Of course, Haijing’s revenue is not as fast as its money burning.
It was hard for Jiang Hao to refuse such a large order.
Of course, there was no need for him to refuse.
It took a while for his mind to calm down, but of course it didn’t take long in reality, because Jiang Hao continued to ask questions.
"Boss Ma, we have joined the cooperation smoothly, how will the cooperation be calculated in the future?"
This is what Jiang Hao is doing now, he agreed without even coming up.
If this had happened in the past, I wouldn’t have cared about the future and would have just gotten this billion-dollar order first.
"If the cooperation meets the expectations of both parties, we will continue to cooperate on an annual basis."
"As for the fees, Mr. Jiang, you can name a price, or you can choose to settle by quarterly profit sharing, or you can choose to settle by push exposure."
"There are many ways to cooperate, and we can discuss the details when the time comes."
Although Mr. Ma’s proposal immediately touched Jiang Hao’s heart.
But it was not until this moment that Jiang Hao finally nodded in agreement.
"No problem. After you return, we will sign the specific contract for the Double 12 service within the next two days."
"We will discuss long-term cooperation after Double 12."
It would be enough for Jiang Hao to confirm that Mr. Ma has a need for long-term cooperation on an annual basis.
As for the form of cooperation, profit sharing or buyout of time, we will talk about it after Double 12.
Since Mr. Ma is willing to spend 1 billion yuan to try this wave of promotion, Jiang Hao must naturally be prepared to go all out.
If Mr. Ma's Double 12 sales performance really grows more year-on-year than last year, he might be able to offer a higher price at that time.
Jiang Hao is still very confident in Haijing.
Apart from anything else, in terms of daily active data, it has gradually begun to move closer to WeChat, a social software that everyone uses every day.
The phenomenal, pillar-level application itself is Jiang Hao’s greatest confidence.
"Okay, I'll have the company send you the contract this afternoon."
"If all goes well, I hope to launch a series of publicity and services starting tomorrow."
"I will also guide some businesses to actively participate in the slicing videos. Of course, I also hope that you, Mr. Jiang, will support this type of slicing videos!"
Mr. Ma looks very anxious!
There is a feeling that Double Eleven does not quite meet Mr. Ma’s expectations.
We have already started looking for a new way out for Taobao.
"Okay, I'll have someone take care of this this afternoon."
"If there is no problem with the contract, I will have Director Zhuo contact your company's business team tomorrow morning."
Not only Mr. Ma is looking forward to this cooperation, but Jiang Hao himself is also looking forward to it.
Although Haijing has started live streaming to sell goods, its specific level of commercialization is still not high.
Overall, short video entertainment is still the main focus, and it has also begun to move towards the formal path of overall commercialization, profitability, etc.
It takes two years to sharpen a sword. I hope the cooperation with Taobao this time can achieve significant results.
There is no need to worry about the lack of continued cooperation with e-commerce platforms such as JD.com and Pinduoduo in the future.
"Mr. Jiang, since our company will have so many in-depth collaborations in the future, what about this round of financing?"
Talk to him about cooperation first, then talk about financing.
As expected, he is Mr. Ma!
Jiang Hao had just received a billion-dollar order, so he felt a little reluctant to ask for a high price.
But compared to these 1 billion RMB, Haijing’s valuation is the big one!
The fluctuations in valuations are much greater than 1 billion RMB.
"Mr. Ma, I still have high expectations for Haijing."
"Of course, there aren't many groups like yours that may have long-term cooperation with Haijing in the future."
"I can guarantee that if the valuation is similar, I will give priority to you, Mr. Ma, and I am willing to give you a larger share of the shares."
"Even in terms of valuation, I won't ask you for an exorbitant price. Let's talk about the specific financing valuation after we actually start the work."
"But I can tell you the price I have in mind."
No matter what, for Haijing's financing this time, Jiang Hao, under the premise of being a financing target of large capital companies and large groups, is only going for the money.
Mr. Ma is willing to cooperate, but he can only guarantee priority under the same circumstances.
Jiang Hao couldn't really confirm some intentions with Mr. Ma at a relatively conservative valuation now.
"It's also fine to have an expected valuation, so that I can also make it easier for the group to prepare funds."
Mr. Ma immediately understood Jiang Hao's thoughts and asked him about his expectations.
"I personally admire you, Mr. Ma, and of course Mr. Lei, the CEO of Xiaomi Group, who is still in the start-up phase."
"I couldn't compare with Mr. Lei before. I hope that after this round of financing, Haijing's valuation can be comparable to Mr. Lei's Xiaomi Group."
“Even if we don’t aim to surpass Lei Jun’s Xiaomi Group, we still hope to be on the same level.”
Although he didn’t mention any specific figures, Mr. Ma knew Xiaomi Group’s valuation very clearly.
After the round of financing last year, the valuation was already 450 billion yuan.
Xiaomi's performance is still growing rapidly this year, and its valuation still has room to increase to some extent.
Of course, what Jiang Hao meant was naturally 450 billion Euros.
Compared with the valuation of 40-50 billion yuan in the B round, it is equivalent to a tenfold increase.
Mr. Ma was silent at this moment, constantly weighing the valuation of Haijing Technology in his mind.
In fact, there is no doubt about the potential of Haijing. It is believed that the future of Haijing will definitely exceed 450 billion US dollars.
But when it comes to investment, the valuation is always given based on the current status of the company, taking into account future expectations and assuming some risks.
It is impossible to take risks without any gains.
Mr. Ma expects that it would be best to invest and increase shareholdings at a valuation between 350 billion and 400 billion euros.
Jiang Hao’s expectations are now within his acceptable range.
"Mr. Jiang, how much was your company's revenue last month?"
"Not counting the investment you made in expanding other businesses last month, this is pure revenue."
Before Jiang Hao started the C round of financing, Haijing's data was naturally not very transparent.
The valuation that Mr. Ma expected was actually his own estimate of Haijing’s current revenue.
Now I am asking further and want to confirm it again.
"Last month's revenue was the best month for Haijing this year, with a total of about 2 million yuan."
Last month was a period of explosive growth for the live streaming e-commerce business.
One month's revenue is higher than the previous quarter's revenue.
Not only did the income of the anchors who sell goods, such as Brother Kai, skyrocket, but the platform's income naturally would not be low as well.
After all, Haijing not only takes commissions from the anchors, but also takes commissions from the merchants.
After this month, there will naturally be commissions on sliced videos as well.
It can be said that Haijing has been developing for two years, but the real profit-making part has only just begun this month.
"Oh! That's great!"
Upon hearing the revenue, Mr. Ma stopped thinking and a smile appeared on his face.
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