Wu Mingming shook hands with Lei Jun in surprise. He didn't expect that Lei Jun would still remember him.

However, Wu Mingming underestimated himself and was not generous enough.

Of course Lei Jun remembered him. Lu Heng once took Wu Mingming to have dinner with him. At that time, Xiaomi had not yet been established.

As for this young man, Lei Jun also knew that he was one of the three founders of Ele.me, but his reputation was slightly weaker than that of Lu Heng and Xiao Jianguo.

But based on Ele.me’s current status, Wu Mingming himself is enough to make industry leaders take him seriously.

After briefly reminiscing about old times, Lei Jun waved to the people behind him.

"You guys drive to the hotel, I'll take a look around with my friends!"

Seven or eight people left behind Lei Jun one after another, all of whom he had brought from China to accompany him to the dinner hosted by the Great Wall Association.

A strong man wearing a black suit and looking like a bodyguard walked up to Lei Jun.

"Boss, should I follow you?"

Lei Jun glanced at the two brothers Chen Xianzhi standing next to Lu Heng and waved his hand.

"No, you didn't even get much rest on the plane. You might as well go to the hotel to get rid of the jet lag! Don't worry about me!"

Lu Heng looked at the size of the team and couldn't help but admired: "Brother Jun, you came prepared this time!"

Lei Jun said with a helpless smile: "Chef Wen wants me to give a lecture at the dinner party, but I have to come up with some practical information. Those old things from the past are not suitable for my current status, so there is no harm in making more preparations."

Lu Heng nodded. He had also discussed related topics with Lei Jun before.

This time at the dinner party, Lei Jun is the guest speaker. The content he will talk about is no longer what Lei Jun handled before, but will mainly focus on the latest products of Xiaomi Technology.

Whether it's a mobile phone system or a technological product developed, they will make a small appearance at this dinner party.

The airport is not a good place for conversation, so the three of them left the airport and got in the car.

Chen Xianguo drove around in his car and then took a group of people to the city. Lu Heng and the others didn't specify a specific place anyway.

Walking on the streets of a foreign country, except for Wu Mingming, the other two people didn't show much curiosity.

Lei Jun was used to it, but Lu Heng had previous experience, and to be honest, there are many Chinese in San Francisco, and you can see people with the same skin color on the streets from time to time.

It doesn't matter whether you are Chinese or whether you are a Chinese American who grew up in the United States.

Just looking at that "Chinese face" is enough to make people friendly.

The three of them found an open-air cafe, sat down, and chatted casually.

There was a lot to talk about, and even Wu Mingming was able to chime in.

Lei Jun also takes great care of this little brother. After all, Ele.me is now a dark horse in the domestic Internet market. The so-called unicorn title is not for nothing.

Before the various products of Xiaomi Technology were announced, in terms of valuation, they were even slightly worse than the current Ele.me.

Of course, no one dares to underestimate Xiaomi Technology.

Especially Lu Heng, he knows very well that as Xiaomi's marketing expands and its mobile phone shipments increase, the company's market value will rise by billions and billions.

Still in U.S. dollars!

From a start-up to a unicorn and then to a giant, Xiaomi Technology has taken a shorter time than anyone else!

“I heard that Ele.me recently launched its second round of financing? Which investors have expressed their interest?”

Lei Jun asked with a smile.

Faced with this question, Wu Mingming glanced at Lu Heng subconsciously, wondering whether he should answer or not. This kind of reluctance could be regarded as a trade secret.

Lu Heng smiled slightly and said, "Let's talk about it. I haven't paid much attention to your work recently. I'm also very curious about this second round of financing."

Wu Mingming swallowed and said slowly: "There are many interested investors. Apart from a few of our old shareholders who want to follow in the investment, the main ones are domestic capital. Judging from the investment letters received so far,

, Tencent, CITIC Industrial Fund, Dianping and Matrix Partners China are the main participants in this round of financing."

Upon hearing this answer, Lei Jun's eyes lit up. They are all very powerful capital parties!

From this point of view, there are not just one or two people who are optimistic about the company Ele.me. Even giants like Tencent are determined to enter and get a share of the pie.

Lu Heng was also shocked. The development of Ele.me was really beyond his expectation.

Whether it was the previous unicorn evaluation given by the outside world or the fact that so many powerful investors participated in the B-round financing this time, in Lu Heng's view, it was all unexpected.

According to Lu Heng's original calculations, although Ele.me later became the most ferocious unicorn company with a value of tens of billions of dollars, at this time, it was only worth a few hundred million at most.

But the outside world’s valuation of Ele.me exceeds one billion!

Now investors with keen sense of smell like Tencent and Matrix Partners want to invest, and the time is indeed much faster.

Did Xiao Jianguo, Wu Mingming and others do better? Or is it that Ele.me itself has this potential?

Lei Jun said with admiration: "Well done, it's better to do it early! Xiao Wu, you have seized the right time and seized the market opportunity. In the entire online food ordering market, Ele.me is the only one. Now you can start gradually.

It’s paying off.”

Wu Mingming said honestly and modestly: "Wherever, the competitors that have emerged recently are bigger than the last. When it comes to one company being the only one, we are under greater pressure."

Lei Jun nodded in agreement. He had also followed relevant industry news.

No matter it is Meituan or Baidu, no one is easy.

As for many other small takeout software, he doesn't pay attention to them.

Without enough funds, insufficient connections, and no market opportunities, it will be swallowed up sooner or later.

"Then let's talk about what you plan to do next. I might even be able to give you some advice."

As a senior and someone who has a good relationship with Lu Heng, Lei Jun is happy to give Wu Mingming some help.

Wu Mingming was silent for a moment, then said: "To expand the market, while our competitors are still focusing on first- and second-tier cities, we will expand the market to third- and fourth-tier cities. In addition, we also want to give the rider business

Split it off and do a separate line of work, and I am currently in charge of it.”

Lei Jun nodded, "In the short term, it is a very effective approach, and it should also be effective in the future."

Wu Mingming continued: "In addition, the long-term plan is to annex small and powerful competitors and enrich our strength. Of course, this will require a large amount of funds, which must be carried out after financing."

Lei Jun's eyes lit up, "What an idea!"

Wu Mingming chuckled, "This proposal was put forward by the director of the department. His view is that instead of suppressing and competing, it is better to directly crush it with the power of capital. You can also reap a wave of markets developed by others."

Lei Jun looked at Lu Heng, who nodded in acknowledgement.

Lei Jun sighed in his heart that this approach is indeed effective, but it is relatively tough. If it were another person, it would be difficult to think of fundamentally solving the competition problem.

Lu Heng's current behavior is no longer as cautious as it was back then, and he is becoming more open-minded and cooperative.

"Brother Jun, I think Wu Mingming and the others still have a way to go. Do you want to listen?"

Lei Jun became interested and looked at Lu Heng expectantly.

Lu Heng rubbed his chin, his eyes flickering over Lei Jun's body, which made Lei Jun feel an inexplicable chill.

It seems like this kid has his own ideas in mind.

"Since it is market competition, we have to find some partners. For example, Baidu Waimai is directly tied to this big killer. So I thought about it, Ele.me can also find some partners, such as Xiaomi

!”
Chapter completed!