Reborn in 2014: A One-Man Tycoon

Chapter 144 I Bought a Watch Last Year

Friendship is friendship, and business is business.

As a seasoned investor, Xu Jiu is a qualified capitalist.

Her eyes gleamed with a keen eye for business opportunities.

Others may not see Meng Chuan's excellence or overlook his potential financial strength.

But Xu Jiu saw it very clearly.

As long as Douyin remains operational, Meng Chuan could squander his wealth without ever going bankrupt.

Douyin has been incredibly popular lately, becoming an essential app on everyone's phone.

Many bigwigs are curious about the major financial backer behind Douyin.

We want to know who has the ability to single-handedly build Douyin into the industry leader it is today.

Xu Jiu was no exception.

When Xu Jiu investigated, he was shocked.

The biggest beneficiary turned out to be Meng Chuan.

In a short period of time, Douyin's valuation skyrocketed, changing every single day.

Although Douyin has not yet gone public, some people have already valued it at 1000 billion yuan.

While this valuation may be somewhat exaggerated, it is enough to demonstrate that Douyin has a bright future.

Based on this growth momentum, Douyin's market value will likely be far more than 1000 billion in the future.

Many of the big investors who once looked down on Douyin and didn't invest in it are now crying their eyes out.

This is also why Xu Jiu dared to trust Meng Chuan.

You can run from Meng Chuan, but you can't run from Douyin!

Xu Jiu even secretly hoped that this investment in Meng Chuan's new project wouldn't yield too high a return for her.

It would be best if we lost everything.

That way, she can legitimately "take over" Douyin.

It's obviously unrealistic to expect Meng Chuan to simply give her Douyin.

If Meng Chuan gives her a chance to invest some money, it should still be possible.

After all, Douyin doesn't accept investment at all now, and even Xu Jiu personally approached Zhang Yiming.

This indicates that they are willing to contribute money and effort to help Douyin go public.

As a result, Zhang Yiming said:

Douyin is not short of money.

Douyin currently has no plans to go public.

Too busy to have time.

Three reasons for refusing to meet.

Xu Jiu was extremely frustrated because no one wanted the money he invested.

"Hehe, Sister Xu, I knew I couldn't hide it from you. But, I can understand if you want to use Douyin, but what do you want to do with Pinduoduo?"

Meng Chuan asked with a curious expression.

Meng Chuan's question stumped Xu Jiu.

Xu Jiu looked at Meng Chuan as if he were a monster, and asked in return:

"Don't you know how Pinduoduo has developed now?"

"Uh... I've been quite busy lately, so I haven't really paid attention."

Meng Chuan scratched his head and gave an awkward smile.

He was already used to being a hands-off manager.

After investing 5 billion yuan in Wang Zheng, they never inquired about it again.

Wang Zheng hasn't asked him for money recently.

After returning from Beijing, he didn't even make a phone call to Wang Zheng.

The shareholding agreement signed with Pinduoduo is still gathering dust in the drawer of my villa in the county town!

After investing 5 billion, Meng Chuan didn't even know how many shares he owned in Pinduoduo.

There's probably only one investor like him in the world.

"Okay! I forgot, you've been busy dating and being a 'scumbag' online lately, so you naturally haven't had time for this little business."

Xu Jiu rolled his eyes at Meng Chuan and teased him sarcastically.

She even suspected that the "accusation scandal" that had been making headlines online recently might have been a staged performance by Meng Chuan.

After all, Meng Chuan is an investor and the largest shareholder of Douyin.

Douyin's rise to prominence is largely attributed to Meng Chuan's assistance.

First, he achieved a perfect score on the college entrance exam, which was then featured in an exclusive interview on Douyin, attracting a lot of attention.

Later, the "Tear 13 Battle" with Wang Ling pushed Douyin to its peak.

If what she guessed is true.

Then Meng Chuan is not only an investment genius, but also a marketing genius.

The more she looked at Meng Chuan, the more she felt that this seemingly harmless boy had a limitless future.

It's only a matter of time before they become famous.

"Sister, let's not bring up those things from the past."

Meng Chuan said with a bitter face.

The "accusation scandal" did indeed have an element of his deliberate manipulation.

However, subsequent developments were somewhat beyond his control.

For example, the rumor about "cheating on the college entrance exam" almost backfired if he hadn't been lucky.

"Okay, let's not talk about it anymore, but you have to promise me that if you can't keep your promise, you have to let me own at least 20% of Pinduoduo's shares."

As he spoke, Xu Jiusheng, fearing Meng Chuan would refuse, hurriedly added:

“I can invest at market price, but you must give up 20 percent of the shares.”

Pinduoduo also does not accept investment.

Xu Jiu could only find a breakthrough through Meng Chuan.

"Is Pinduoduo really that valuable now?"

Meng Chuan was somewhat surprised.

After all, he had only invested in Pinduoduo for about a month.

Back then, Pinduoduo's app hadn't even been launched yet!

Even if the viral social e-commerce model of "help me cut the price" is effective, it shouldn't have developed this fast, right?

"You really don't know? I have a friend who is an appraiser. He said that Pinduoduo's potential market value is no less than 100 billion yuan, and it can at least rank in the top ten among e-commerce platforms. Moreover, its potential is huge."

Xu Jiu looked at Meng Chuan with some envy.

It turns out that Meng Chuan wasn't just saying that out of anger at the exchange meeting.

He is genuinely optimistic about the new model of "social e-commerce".

And facts have proven that this model is indeed effective.

This could very well allow Pinduoduo to break through the encirclement and achieve a leapfrog development.

"Hehe, that Wang Zheng kid is pretty good! I'll give him a call and ask."

Meng Chuan smiled with satisfaction.

Without trying to hide it from Xu Jiu, he directly dialed Wang Zheng's number and put it on speakerphone.

"President Meng? Hello, President Meng! Haha, I thought you only had eyes for Douyin, your own son, and that we at Pinduoduo were like stepchildren. You'd forgotten about us long ago!"

As soon as the call connected, Wang Zheng said excitedly.

It's clear he's in a pretty good mood lately.

Gone is the timid and hesitant demeanor one had when facing investors in the early stages of a startup.

The recent rise of Douyin has made Pinduoduo extremely envious.

Why did Douyin, also a startup, rise so quickly?

It's all because Meng Chuan himself has a huge following; he essentially single-handedly made Douyin famous. Wang Zheng even considered doing just that!

They spent a lot of money to hire Meng Chuan to be the spokesperson for Pinduoduo.

But then I thought about it again, Meng Chuan was a major shareholder of Pinduoduo.

All the money in Pinduoduo was poured in by Meng Chuan.

Using Meng Chuan's money to hire Meng Chuan as a spokesperson seems a bit foolish no matter how you look at it.

However, seeing Meng Chuan frequently appearing on Douyin, yet not even making a phone call to Pinduoduo.

Wang Zheng's jealousy grew stronger every day.

He did some investigation and found out that Meng Chuan was actually a major shareholder of Douyin.

This fueled Wang Zheng's inner turmoil.

Pin Xixi can't be raised as a stepmother; she has to be Meng Chuan's biological son.

So he spent money day and night.

They racked their brains to explore the potential of social e-commerce.

We will vigorously promote the "10 billion yuan subsidy" policy.

Pinduoduo has finally achieved some success.

Now that he's received a call from Meng Chuan, Wang Zheng can finally stand up for himself.

"Stop being silly. If I don't call you, why don't you call me first? Do you have to be told by someone else?"

Meng Chuan said irritably.

"I……"

Wang Zheng gritted his teeth, wanting to say: "I bought a watch last year!"

"What do you mean 'what do you mean'? Hurry up and report on your work."

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