Reborn as a prince, achieve the pinnacle of power
Chapter 37 Investing in Pinxixi
After leaving the nightclub, Chu Yuchen took the twin sisters and said goodbye to Qin Fen and others, then got in the special car arranged by Chen Ming and left first.
Amid the sisters' surprised looks, Chu Yuchen told the driver to send the sisters back first before he returned to the Shangri-La Hotel.
She opened the door, tiptoed into the bathroom, took a shower, slipped into bed, hugged the sleeping White Deer, closed her eyes, and slowly fell asleep.
……
The next morning, after having breakfast at the hotel restaurant, Bai Xiaolu followed the acting teacher for a intensive study session. Chu Yuchen contacted Huang Zheng of Pinduoduo and took a car to the Pinduoduo headquarters.
Xu Yutong, general manager of the Qin Group's Shanghai branch, accompanied Chu Yuchen in a Rolls-Royce.
"Mr. Chu, are you optimistic about Pinxixi, the newly launched e-commerce platform?"
Xu Yutong in the car saw Chu Yuchen looking out the window without saying anything, so she casually found a topic to chat with the future helmsman of the Qin Group and deepen their impression of each other.
"good."
Chu Yuchen turned her head and looked at Xu Yutong, who was wearing a black OL suit, a white shirt, and big black wavy hair, and looked capable and charming.
Having found a topic, Xu Yutong, a business veteran, quickly started chatting with Chu Yuchen.
When the car stopped at Pinxixi's headquarters, Huang Zheng, who was waiting, hurried over to greet it.
"Mr. Chu, OK."
Huang Zheng shook Chu Yuchen's hand to express his welcome.
He dared not be negligent towards the young successor of the Qin Group.
Although Huang Zheng was very enthusiastic, Chu Yuchen knew that if she wanted to make her investment in Pinxixi successful, she would still need to convince him. Simply using power to pressure others is not the way to success.
"Hello, Mr. Huang. You are so polite to come and greet me personally."
Chu Yuchen and Huang Zheng shook hands and said with a smile.
"Mr. Chu, please."
Huang Zheng led Chu Yuchen into his office. He said with a smile, "Mr. Chu has come to Pin Xixi, a small company that has just been established. It is my duty to greet him at the door."
“Haha, Mr. Huang is too modest. Although Pinxixi has just started, I believe that in the near future, Pinxixi will be able to compete with Taobao and JD.”
Chu Yuchen took the tea handed to him by Huang Zheng and spoke loudly.
Huang Zheng sat down on the other side of the sofa and looked at Chu Yuchen with a smile: "Mr. Chu, are you ready to take over the Qin Group now?"
"Not yet. The Qin Group is too large, and I am not capable of managing it now. I will start my own business first and get in touch with a few companies of various types. I hope to learn more and accelerate my growth."
Chu Yuchen said this very modestly.
"So what does Mr. Chu think of Pinxixi's business model? Is there anything that needs to be improved?"
Although Huang Zheng's tone was polite, the meaning behind his words was clearly thoughtful.
"The competition in the current Chinese and global e-commerce market is increasingly fierce, and Taobao has already occupied an absolute position in the industry. It is impossible to replace Alibaba in a short period of time."
Chu Yuchen was no longer humble at this time. If he wanted to get shares in Pinxixi, he had to show some ability.
"But Taobao and JD.com are mainly focused on first- and second-tier cities. If we want to avoid being strangled by these two companies, we must expand into lower-tier cities.
Mr. Huang just saw this point and took the vast rural market as a breakthrough point, based on the needs and pain points of the rural market, and actively explored new models for the rural market.
Coupled with the unique "social e-commerce" business model, Pinxixi effectively combines the needs of socializing, sharing, and shopping, making it highly attractive to emerging consumer groups.
The most important thing is that with the traffic support from Penguin, it shouldn’t be difficult for Pinxixi to become another major e-commerce platform.”
At this point, Chu Yuchen laughed: "Of course, the most important point is funding. The promotion of Pinxixi will cost a lot of money. So I came here uninvited."
Xu Yutong, who accompanied Chu Yuchen, looked at him in surprise. She didn't expect that Mr. Chu knew so much about this small start-up company.
"Mr. Chu is right. If Pinxixi wants to grow rapidly and attract all kinds of users, large-scale subsidies are necessary in the early stages.
For Internet companies, with the rapid growth of active users, losses are not necessarily a bad thing. "
Huang Zheng said with a smile.
"Yes, so will Mr. Huang accept my investment?"
Chu Yuchen went straight to the point and asked directly.
"Welcome Mr. Chu to join Pinxixi."
Huang Zheng didn't think much about it and agreed to Chu Yuchen's investment.
Once the general direction is agreed upon, other issues such as valuation price and financing ratio can be easily resolved.
Chu Yuchen's goal was very clear, to get as many shares of Pinduoduo as possible. As for the valuation price, he didn't care. Compared with the market value of Pinduoduo, which would reach hundreds of billions or trillions in the future, the current valuation of Pinduoduo was simply cabbage, and it couldn't be much more expensive.
So after a while, Chu Yuchen and Huang Zheng held hands again.
In the end, Mengchen Investment invested 2 million yuan and held a 10% stake in Pinxixi.
Mengchen Investment's first shot finally fired, and it initially gained a reputation in Shanghai's investment circle.
No matter what, the fact that a company can invest 2 million yuan in an Internet company at least shows that Mengchen Investment has strong financial resources.
Chu Yuchen, in a good mood, invited Huang Zheng to have lunch together and then took a car back to the hotel.
"Yuchen, you're back?"
Chu Yuchen pushed the door open and Bai Xiaolu, who was resting on the sofa, stood up immediately.
"Well, Xiaolu, who are these people?"
Chu Yuchen noticed that there were three women of different ages in the living room, and one of the girls was actually an old acquaintance of his.
"elder brother."
Zhang Qianqian, the younger sister from the orphanage, walked up to Chu Yuchen with a smile on her face.
"Xiao Qianqian, I haven't seen you for almost three years. The ugly duckling has turned into a white swan."
Chu Yuchen habitually stroked her head: "When did you arrive? Why didn't you tell me in advance? I'll pick you up."
Zhang Qianqian made a naughty face: "I dare not. You are now a big shot in Changshi. You can make Qiangsheng Group collapse in an instant. Xiaolu can come and pick me up."
"You're so eloquent. I'm still your brother no matter what."
Chu Yuchen smiled and looked at the other two: "Xiaolu, these two?"
"Yuchen, this is my acting teacher, Hou Jing."
Bai Xiaolu pointed at a middle-aged woman.
"Hello, Mr. Chu!"
"This is He Dan, the driver and bodyguard that Teacher Yu assigned to me."
"Hello, Mr. Chu!"
"You're welcome, take a seat."
When Chu Yuchen came in, he found that the two men saw him standing there somewhat restrainedly, so he greeted them with a smile.
"Xiaolu, you guys chat, I'm going to the bedroom to rest for a while."
Knowing that they were here, the girls felt a little restrained. Chu Yuchen consciously returned to the bedroom. She had drunk some wine at noon and felt a little sleepy, so it was just right for her to take a nap.
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