Chapter 438: Successful Financing Leads to Further Discussion of Rice Auto
Chapter 438: Successful Financing Leads to Further Discussion of Rice Auto
"Is it possible?"
Lu Mingyuan had already made up his mind, but a hint of hesitation suddenly flashed across his face.
He pointed to himself, then to the Transsion offline store next door, and then looked at Wilson with a questioning expression, telling him to go and call Transsion.
This……
He couldn't miss this opportunity, since his family couldn't help him anymore. So he picked up the document, turned to the last page, and readily signed his name.
Whether it's possible or not, you'll see.
He returned the document to Wilson, since there was no target on the document anyway, he figured he'd just get the money first.
Free money is money you shouldn't pass up.
Wilson picked it up and looked at the signature, a smile appearing on his lips. This dog was much easier to train than Dami's.
"Mr. Lu, it's a pleasure doing business with you."
"Don't call me President Lu anymore, just call me Xiao Lu."
From now on, Ruiyi will belong to Yinhu, and I'll just be a worker.
Wilson patted him on the shoulder again, still looking down at him...
Lu Mingyuan, however, still wore a smile.
"Mr. Wilson, when will the reinforcements arrive?"
Now that I have the money, I want to make a big splash. Honor is about to release a new product, and we have to sabotage it.
Wang Yaxin grinned at him. This young man really couldn't keep his composure!
However, his feud with Chuanyin is so deep that it could be considered a blood feud, so it's understandable that he's a bit anxious.
"Don't worry! A new batch of products is arriving soon. Given the reputation of the Dragon 8 series, we've prepared a very affordable 6 series for you, with the latest screen and flash memory..."
Creating a luxurious mid-range product is far better than engaging in a head-to-head battle with Transsion in the flagship market.
A hint of disdain flashed in Lu Mingyuan's eyes, but he quickly hid it.
After all, he is still too weak right now and can only listen to these people.
"Thank you, Mr. Wilson. I'll do as you say."
After Wilson left, Lu Mingyuan smashed everything on the table. It was truly a case of a tiger fallen into the plains being bullied by dogs. When had he, Young Master Lu, ever encountered such treatment before?
A small investment bank, or even someone not in charge of investment banking, dared to speak to him like that! He really didn't want to work there anymore!
But after smashing things, he slumped back into his chair, realizing that the situation was hopeless and that everything had been caused by telepathy.
Moreover, once the other party's people have moved in, he won't be able to throw a tantrum like that anymore!
That's right, his cowardice was just a facade; Lu Mingyuan also has real skills.
Of course, Shen Fei wasn't here, otherwise he would definitely be laughed at. His small market share is thanks to the operators and some offline stores, otherwise he would have starved to death long ago!
That's quite a feat! Go and fetch a couple of sweet potatoes from the field!
……
Wilson walked out of the door of the mobile company, got into his car, and dialed Thompson's number.
"Boss, have we finished our talks?"
"Did he show any unusual emotions?"
Thompson was still a little curious, after all, that was 85% of the shares, and no ambitious founder would agree to such a condition!
"He signed it. He agreed very readily, without any haggling. This guy is much more decisive than Lei Jun!"
"Are you being obedient? I mean, are you harboring any other ulterior motives?"
Wilson initially wanted to say it was an obedient dog, but after careful consideration and repeated confirmation that there were no problems, he finally spoke:
"The gentleman is very obedient."
He's like a starving dog; give him a bone, and he'll do anything. And the hatred he has for Shen Fei doesn't seem fake. He also told us to quickly gather manpower; he wants to make a comeback in the low-to-mid-end market…”
Thompson ignored Lu Mingyuan's plan; his focus was on "hatred."
"Let me explain in detail, since this is a key part of our upcoming strategy."
"Sir, can you believe it? He said he'd even admit to treason if it meant getting revenge on Shen Fei!"
"very good!"
Thompson laughed on the other end of the phone, and the last bit of hesitation in his heart completely disappeared!
"You have to find someone who's desperately hungry to train a dog!"
Although Da Mi harbors resentment, he's become too fat; once he's full, he starts bargaining. Rui Yi, on the other hand, is just right.
Hearing his boss's satisfaction, Wilson also put aside his worries. But after looking at the investigation report from Ruiyi Mobile, he realized that this was not as simple as just having a problem.
It's riddled with holes!
"There's something I need to mention about them."
Ruiyi's foundation is too weak. Last year's revenue was almost non-existent. The team was almost entirely poached. Money alone is not enough; we need to allocate a significant amount of resources.
"The engineers have set sail!"
Furthermore, a priority supply agreement with Qualcomm has already been drafted, with prices 10% lower than rice. The system they use is heavily customized by Google, perfectly suited to Chinese users' habits.
"Then our plan to create a god can begin."
"start!"
The so-called "god-making plan" is to turn Ruiyi into the next Da Mi within three years, while simultaneously disrupting China's supply chain and listing it on the stock market to start harvesting profits.
After all, their money is useful; it's not just a waste of time.
…………
On December 10th, Dami's official Weibo account also issued a formal response to this matter: "Dami Technology officially announced that it has received a strategic investment of 48 billion yuan from Silver Lake Capital, with a valuation of 12 billion US dollars in this round."
This signifies that DaMi's "people, cars, and homes" strategy has once again gained recognition from the capital market.
This round of funding will be used for the expansion of technology research and development and brand building businesses.
Effective immediately, Dami has officially upgraded its Class A project, "Dami Cars," to Class S+, and will add $3 billion to its existing $10 billion R&D investment last year to launch full-scale R&D.
The rice car project is accelerating, with the first mass-produced car expected to roll off the production line in 2019.
To achieve this goal, we sincerely invite outstanding talents from around the world to join us. Our salary is at least double that of comparable positions in the industry, with no upper limit. The call for talent has been sent out; we are waiting for you!
Meanwhile, the rice marketing team is also working hard to generate buzz, since there has been no news about rice cars since the last round of financing, which is nowhere near the progress of Transsion...
So this time, we'll do it all at once.
In just 5 minutes, it successfully dominated three trending topics.
#DamiCarsIncreasesInvestmentAgain#
#After a year of research, money is still the most useful#
#Rice Raises $48 Billion in Funding#
"Holy crap, am I seeing things? $48 billion? Last year's valuation was only $70 billion! Lei Jun has really hit the jackpot!"
"A financing round of 10 billion yuan, that should be enough to get them on this year's list of top-performing stocks!"
"After raising billions in funding last year, everyone was saying we were just a 'PPT car manufacturer.' Now let's see who dares to say that!"
"Spending $3 billion in any industry would make you a top player. That amount of money could buy several leading companies. We've really hit the jackpot!"
"Rice-powered cars, born for enthusiasts, go for it!"
"It's one thing if the phone upstairs is designed for overheating, but please, no cars! Safety first!"
SFS