Chapter 312 The Three-Year Covenant(2/2)
"Now that the market structure has been formed, what else can we invest in?" When Lan Lan heard that pet medical care was out of business, she instantly lost interest in investing.
"We are investing in pet e-commerce. There are still some opportunities in this sub-sector."
"A colleague of Pate.com?" Lan Lan asked.
"Yes, I have found the target. There is an American pet e-commerce company Chewy, which I think is pretty good.
There is also Vet First Choice, a company that provides online pharmacies and home delivery services for veterinarians, which is also worth investing in.”
Zhang Yida was in this industry in his previous life, and he knows very well about the two companies that went public in 2019. The former has a market value of up to US$14 billion, and the latter has a market value of US$4.5 billion.
Ruixiang invested in Pate.com, and Pate.com used the money to invest in these two companies, bringing its own valuation up as well.
Zhang Yida didn't believe it. Compared with investment, how could he lose to Gaoling Capital?
However, the valuations of these two companies at this time are higher than Pate.com. Pate.com really cannot afford to invest in these two companies without a large amount of financing in this round.
"Okay, I'll look for information on these two companies later."
Lan Lan asked again: "Is it time to talk about Pate.com's valuation and financing?"
Chapter completed!