Zhang Yida replied: "There are 100 million daily active users in China, 50 million in Europe and North America, and nearly 500 million registered users."

As soon as Li Ruigang heard this, he knew that this valuation was definitely not cheap, and asked again: "I heard that the valuation of DouShi's Series A round is US$7 billion?"

"Yes, that was half a year ago, and the amount of data was only half of what it is now."

Li Ruigang feels a bit tricky. Is DouVi worth valued at US$14 billion?

The valuation of Canxing Culture six months ago was 5 billion yuan. Now it has increased, and it will only be 10 billion yuan when it is exhausted.

If you exchange shares, it's almost like one share for nine shares. Isn't this too little?

"Mr. Zhang, in addition to exchanging shares, can Star Chinese Media or Chinese Cultural Industry Investment Fund invest in DouShi?"

"Yes," Zhang Yida said with a smile, "We welcome all like-minded partners!"

"Okay, I need to communicate with the people at News Corporation, and I will give a reply to Mr. Zhang then."

Zhang Yida nodded, "There's no rush, just give me an answer after Mr. Li has negotiated!"

"Oh, by the way, Mr. Li, you are familiar with people from News Corporation. Can you introduce me to Musical.ly, a subsidiary of DouYu, who also wants to develop some cooperation with News Corporation."
Chapter completed!