Chapter 430 War and Peace(2/2)
Zhang Yida is quite optimistic about himself, otherwise he would not be given such a high position.
However, when Su Hua thought about being inferior to others, he felt a little unhappy.
Although Kuaishou is valued at only a few billion dollars, he is the well-deserved boss and has everything he says in the company.
If you join Zhonghe Group, you will have CEO Lu Qi and even more, Chairman Zhang Yida.
"Mr. Zhang, I need to think about it. This is too sudden."
Su Hua paused and then said: "Both the founding team and the shareholders need to negotiate and communicate."
“USD 5 billion! This is our offer for Kuaishou.”
Zhang Yida smiled and said: "It doesn't matter if it's all cash or all equity acquisition."
The offer of US$5 billion is not low, but it is not high either.
After Kuaishou completed Series D financing from Penguin Investment, its valuation reached US$2.5 billion.
A few more months have passed, and Kuaishou Live’s income has been rising steadily.
We have found the right business monetization model!
There are already institutions outside that have quoted US$5 billion to invest in Kuaishou, and some have even quoted US$8 billion.
However, there are some differences between the valuation of financial investments and acquisitions. The former prefers premiums, while the latter prefers lower prices.
Su Hua has no doubt whether Zhonghe Group can afford US$5 billion in cash. After all, it has only raised US$4.5 billion in cash.
If there is a difference, you can refinance or borrow a lump sum to settle the matter.
Su Hua thought about it for a while and asked, "What if we don't agree to the merger?"
Zhang Yida put away his smile and said, "Then use 5 billion US dollars to paint walls in rural areas and provide live broadcast subsidies and short video subsidies.
Because the overseas market is no longer our focus, we can only focus on the domestic market first."
The words were full of threats, but Su Hua didn't get angry. He was just discussing the matter.
If he had billions of dollars, he would probably be even more exaggerated than Zhang Yida.
Mobile Internet, which trend has not erupted in subsidy war?
Short videos are currently fine, and only subsidize creators.
If one day we even subsidize users who watch short videos, I'm afraid it will be a mess again.
In the end, Su Hua still did not give a clear answer.
Zhang Yida was not in a hurry and gave Su Hua a week to think about it.
One week is enough for Kuaishou’s founder team and shareholders to come up with a plan.
Digua Video has not made any large-scale efforts and is just waiting for the outcome of negotiations with Kuaishou.
Chapter completed!