"Hey, it's still far from enough!"

Chen Wei shook his head and became self-effacing, "Leech Financial only completed a US$4.5 billion Series B financing in April, with a valuation of more than US$60 billion;

There is also the Rice Group, which was valued at US$45 billion two years ago;

NetEase is not bad either, and its market value has been fluctuating at more than 30 billion US dollars.

I am not like some people who shamelessly say that I am the fourth largest Internet group in China!"

Zhang Ming laughed and then remembered that Chen Wei and he were on a united front and both had an enemy named "Zhang Yida".

"What are we talking about? So happy!" Huang Xin also came over with a wine glass.

"Are we talking about who will win the title of the fourth largest Internet company?"

Chen Wei looked at Huang Xin again and said, "I think the Magnesium Group still has a good chance of competing for this title."

"Let's forget it! If we want to fight, Didi will fight with Leech Financial Services, Rice, NetEase, Ruixiang, and Zhonghe."

Chen Wei was a little unhappy, "I think the first three companies are okay, but forget about the last two! It's just a big bubble."

Zhonghe Group claims a valuation of US$19 billion. How long has it been established? When companies that were established less than two years ago merge, their valuations will skyrocket."

Turning to look at Huang Xin, "If I remember correctly, Magnesium Group raised US$3.3 billion in January this year, and its valuation is only US$18 billion, right?"

"Yes, our development is quite bumpy, so we still need to work hard!"

Chen Wei added: "Magnesium Group is only valued at 18 billion, why should Zhonghe Group be valued at 19 billion?"

After sneering a few times, Chen Wei looked at Zhang Ming and said, "Old Zhang, do it well. The one I'm most optimistic about in the short video field is Toutiao.

Compared with some people, your humility and courtesy are so rare!"

Zhang Ming smiled awkwardly, Brother, did you take any gunpowder today?

Shen Beipeng walked over with a red wine glass, followed by a group of headline shareholders: Source Code Capital, SIG Haina Asia, DST, 360, Sina, Shunwei Capital, CCB International, and Huayi Capital.

Lei Dongming was also present today on behalf of Huayi Capital, and others looked at him somewhat strangely.

Everyone knows that Huayi Capital is also a member of Zhang Yida’s industrial group, but it actually invested in its competitor Toutiao. It’s really fucking weird.

Is it hedging his bets and betting on the track?

Lei Dongming asked Zhang Yida whether to take advantage of Toutiao's D round of financing to sell off Toutiao's shares held by Huayi Capital.

Zhang Yida said: Look at the attitude of the headlines. If your fate is really over, then don’t force it.

Then, Huayi Capital was out.

Huayi Capital has such a close relationship with Zhang Yida. Even if Zhang Ming can tolerate it, other shareholders of Toutiao cannot.

If Huayi Capital finds out about the company's secrets and then turns around and tells Zhang Yida, how can Toutiao fight with Zhonghe Group?

As a result, Lei Dongming "tearfully" exited with $1 billion.

Two and a half years ago, Huayi Capital invested US$100 million in Toutiao, accounting for 10% of the shares.

Now it is out with a pre-money valuation of US$10 billion. In two and a half years, the investment has increased tenfold, and the annual return has reached 400%, which is not bad.

Chen Wei glanced at Lei Dongming. The headlines had removed the cancer of Huayi Capital. Did Didi also want to learn from it?

Shen Beipeng was somewhat embarrassed. He explained to Lei Dongming on the side: "Even if Blackshirt doesn't invest, SoftBank or other institutions will."

"I understand, I understand, just buy a track!" There is nothing that Lei Dongming cannot understand. The shopping mall is so complicated, and friends and enemies are changing at any time.

There's nothing wrong with it from Blackshirt's perspective, hedging risks and hedging your bets.

The most important thing is that the basic business aspect of this Toutiao financing is the Toutiao APP, not short videos.

How many users does Toutiao short video have?
Chapter completed!