Relying on her masterful business packaging, Zhao Yingchun touted Jingdong as the Amazon of Asia and Hua Country's second-largest e-commerce platform, successfully persuading the investors from OTPP.
The two sides hit it off immediately!
OTPP wanted to get a piece of Liu Qiangdong's eventual IPO!
Liu Qiangdong, in turn, wanted to leverage OTPP's capital to boost Jingdong's sales and revenue to the next level, thereby securing a higher IPO valuation.
The valuations offered by brokerages in Hong Kong Island and the Lighthouse Country were nothing short of an insult to him.
"The preliminary market research will take a month. OTPP has never ventured into Hua Country's internet investment sector before, so they will provide a completely new valuation based on Jingdong's market size, growth trends, competitive landscape, and relevant policies and regulations."
