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Chapter 234: Swallow the Entire Peak! Chen Yansen: My Psychological Expectation Is

~10 min read 1,988 words

Xucheng, Zhuxianzhu Technology Park.

Gao Weilin walked into Chen Yansen's office, gently placed a stack of documents on the desk, then pulled out a box of tea leaves and began brewing tea as if he owned the place.

"Eleven major regional transit warehouses, twenty-three logistics hubs, three hundred heavy trucks, seven hundred sixty medium trucks, and six thousand three hundred employees—Chen Jiahai is selling all this for just 470 million. The price isn't bad. Let's go with this contract."

Chen Yansen flipped through the asset appraisal form and equity transfer agreement, glanced over them, paused briefly, then offered no objections.

"Hand over the fixed assets and staff transition to Liao Wei."

Gao Weilin held two steaming cups of tea and eagerly poured one for his boss.

"I've already coordinated with Ali, Penguin, DST, and other VC firms—we'll launch Kuai's ride-hailing Series A funding next week. Pull together a team first, and come with me to Hangcheng this weekend."

Chen Yansen lifted his teacup, took a sip, and spoke.

Gao Weilin smiled faintly and nodded immediately, though inside he groaned: Boss Chen has deep pockets, spends lavishly on overtime pay and quarterly bonuses—but this job? It's genuinely exhausting.

Looking back on the past half-year since joining Senlian Capital, he'd either been on a business trip or en route, either drafting funding plans or writing equity transfer agreements.

"After this rush, I'll give you a long vacation."

Chen Yansen saw right through Gao Weilin's thoughts and began promising big.

"Boss, is this vacation three days or five?"

Gao Weilin grinned and quickly pressed for details.

Last time Chen Yansen promised him a long vacation—he'd barely landed in Hawaii when his boss called the next day.

"Ten days," Chen Yansen replied casually.

Gao Weilin grimaced. If Chen Yansen had said three days, he might've believed it—but ten? That was pure nonsense.

He wasn't even pretending anymore!

"Relax, I won't bother you for the next two days," Chen Yansen assured with a smile.

Gao Weilin nodded. Whether the promise was real or not, at least his boss was still willing to draw the picture.

Meanwhile.

In a delivery station in Jin Ling, Boss Wang Bin sat in his office, smoking cigarette after cigarette, the room thick with smoke.

After Quanfeng was acquired by Yunsu, all our franchise outlets had only two options: exit or gradually transition to direct operation under Yunsu.

"Cash or equity?"

Wang Bin frowned, muttering to himself.

Cash was simple: Yunsu would send people to assess the station's assets, offer a lump sum, and Quanfeng Express would handle the payout.

Equity was far more complicated—he'd inquired and learned Yunsu's valuation was absurdly high.

His station had cost him 300, 00 yuan; even if he sold himself along with it, he couldn't get 0. 1% equity.

Was this bullying?

Outside, the Quanfeng couriers felt the opposite of Wang Bin's despair. The company had been sold—and so had they.

Yet every one of them wore bright smiles, as if it were the New Year.

"I heard Yunsu Express will pay our five insurances and one fund?"

"Not just that—they'll add accident insurance too!"

"Base salary is 3, 00 yuan, plus 20% of monthly salary as housing allowance. Add delivery and pickup commissions, you're easily making 7, 00 to 8, 00 a month."

"They give four quarterly bonuses a year. We're both delivery companies—how come the benefits are so different?"

"I was planning to quit this month and switch to Yunsu. Now I don't even need to interview."

Six or seven couriers gathered, laughing and chatting excitedly.

Meanwhile.

Chen Dejun of Shentong also received word: Quanfeng Express was about to merge into Yunsu—in other words, Yunsu would add over a thousand new direct Wangdian nationwide.

This made Shen Tong's situation even more dire.

After Zheng Shengyu forced Shen Tong and Yuantong to raise their minimum per-package price from one yuan back to 1. yuan, merchants quickly decided to hand their delivery business to Yunsu.

First, Yunsu couriers deliver to doorsteps—Shen Tong can't.

Second, Yunsu couriers have better service attitude—Shen Tong can't.

Third, Yunsu has higher on-time delivery rates—Shen Tong can't either!

Same price? Choose service. Same service? Choose price.

With no advantage in either category, it was only natural for merchants to abandon Shen Tong.

Yuantong, Yunda, and Zhongtong were also struggling; some low-volume franchise outlets couldn't even afford to pay their couriers—franchisees simply gave up, demanding contract termination while secretly reaching out to Yunsu.

After venting in his office, Chen Dejun still couldn't find a solution. He knew Yunsu was bleeding badly too—now it was just a race to see who cracked first.

Two days later, it was Sunday.

A convoy of four luxury cars left Xucheng, speeding toward Hangcheng.

Liu Zhiping, along with Penguin's Lin Chenfeng and negotiation staff, flew from Shencheng to Hangcheng.

Ali Headquarters.

Ma Liyun said to Cai Xin: "Don't rush back to Hong Kong. Come with me to meet Chen Yansen."

"No problem. I've been eager to meet him."

Cai Xin smiled and agreed.

A billionaire at twenty—no fantasy movie in Hong Kong had ever imagined such a business genius.

Ding Lei of NetEase was thirty-two before his net worth hit one billion U. . dollars.

Elon Musk was thirty-two when he just sold PayPal to eBay, worth under two hundred million U. . dollars.

Chen Yansen is far younger than either. Hard to imagine what he'll be worth by thirty-two—could he become China's richest man?

After all, he controls Orange Tech and Pinbei—two crown jewels with limitless growth potential.

As host, Ma Liyun sent dinner invitations at 3 p. . to all representatives attending the funding meeting.

The restaurant was set at Jinsha Hall by West Lake.

Chen Yansen arrived in Hangcheng, rested for an hour at the hotel, then had his driver pick up Cheng Weixing and Fan Junyan from Kuai's headquarters before heading straight to West Lake.

When he arrived at the restaurant and stepped out of the car, he saw Zhou Shouzhi chatting with a middle-aged man in a navy-blue suit.

The man was in his thirties, with a crew cut, triangular eyes, and piercing gaze. His posture beside Zhou Shouzhi revealed a sharp, dominant personality.

Zhu Xiaohu, General Manager of Jinsha Capital!

Chen Yansen instantly recognized him: from Shanghai, graduate of Fudan and Jiaotong University, angel investor behind Ele. e.

He gathers when there's profit, scatters when there isn't—cold, ruthless investment style.

His repeated rejections of Zhang Xuhao's follow-up investment requests revealed his core rationality and decisiveness.

Though he lost one million U. . dollars investing in Ele. e, he cut losses promptly once he saw the food delivery market in Shanghai.

"Allen, the person you wanted to meet has arrived!" Zhou Shouzhi spotted Chen Yansen, raised his hand to signal, and subtly alerted Zhu Xiaohu, who was facing away.

Zhu Xiaohu turned instinctively and saw a tall, confident young man striding toward them.

Behind him trailed over a dozen sharply dressed aides, their presence like a tidal wave.

"Boss Chen, great to meet you! For the past two years, I've heard your name until my ears were numb."

Zhu Xiaohu stepped forward with a faint smile, joking lightly—never daring to underestimate him because of his youth.

"Boss Zhu, you're too kind. I've only been in the industry for two years—there's still so much I need to learn. I'd appreciate your guidance whenever you have time."

Chen Yansen spoke calmly and deliberately.

The three stood outside exchanging pleasantries, Zhou Shouzhi occasionally chiming in, discussing recent changes and trends in the internet industry.

The price war between JD and Suning became part of their conversation.

As one of JD's key investors, Zhou Shouzhi admired Liu Qiangdong's management style—he saw echoes of Bezos in him, and had strongly pushed DST's investment in JD.

"So you believe JD will ultimately win in home appliances? Don't forget Suning has over 1, 00 physical stores and tens of thousands of suppliers."

Zhu Xiaohu frowned slightly and smiled in reply.

"I've met Zhang Jin Dong. That's why I'm certain JD won't lose to Suning in home appliances."

Zhou Shouzhi shrugged, voice firm.

Zhu Xiaohu nodded, dropping the argument—but inside he muttered: Damn it! You went to Harvard Business School, not a Buddhist monastery—acting like you can predict the future.

At that moment, Penguin's Liu Zhiping arrived with his team at Jinsha Hall.

"Martin!" Chen Yansen greeted.

"Let's go inside! This late spring chill—your generation can handle it. I can't."

Liu Zhiping chuckled.

As they walked and talked, they soon met Ma Liyun and Cai Xin, who had come out to welcome them.

Over forty people entered a lavishly decorated banquet hall and took their seats.

Besides Ali's team, representatives from Hongyi Capital, Huake Venture, and Macquarie Capital were also present.

Cheng Weixing swallowed hard. He hadn't expected so many investment firms to show up for Kuai's Series A funding.

Ma Liyun deliberately sat directly across from Chen Yansen, squinting as he studied him.

Pinbei's growth rate had stunned him—he sensed Chen Yansen posed a greater threat to Ali than JD did.

"Boss Chen, if Kuai launches its Series B, can Ali take a stake?" Ma Liyun probed.

"Of course," Chen Yansen replied without hesitation.

As long as Ali didn't threaten his controlling stake, Ma Liyun could invest as much as he wanted. Better to bring Ali on board with shared interests than create a new rival.

Ma Liyun paused, then said: "Boss Chen, I'm serious."

"So am I," Chen Yansen answered, eyes unwavering.

Ma Liyun smiled, but his heart was full of doubt.

Logically, the two were fierce competitors; the other had no reason to let him invest.

Yet in reality, whether it was Kuai Di Dache or Kuai Pao, Chen Yansen never refused Ali.

This kid plays completely by his own rules!

At the banquet, cups clinked and drinks flowed; Zhu Xiaopeng and Ma Liyun's faces gradually flushed red.

Chen Yansen now realized that the e-commerce Ma had an astonishing alcohol tolerance—after just one round, Zhu Xiaopeng, Liu Zhiping, and Zhou Shouzhi were all flushed and slightly drunk.

"Mr. Chen, what's your expected valuation for Kuai Di Dache?" asked the representative from Macquarie Capital.

This question gradually silenced the noisy banquet hall.

Ma Liyun furrowed his brow slightly, then relaxed it—since the topic had come up, discussing it early wouldn't hurt.

Chen Yansen had already reached a vague valuation range with Ali, Tencent, and DST, but Jinsha Venture Capital, Hongyi Capital, Huake Venture, and Macquarie Capital were unaware of it.

Kuai Di Dache currently had no competitors, meaning it could monopolize a vast market.

Tencent, based on Kuai Di Dache's market potential, growth projections, profit model, and cash flow, gave a valuation of $500 million.

DST's offer was $550 million, factoring in Chen Yansen's outstanding operational skills.

Ali's offer was $450 million, incorporating driver commissions, advertising, and data services into its valuation, and combining Kuai Di Dache's team background, city coverage, and capital environment to arrive at this figure.

Chen Yansen looked at the Macquarie Capital representative and casually named a number: "$700 million."

Zhu Xiaopeng of Jinsha Venture Capital snorted, curled his lip, and shook his head, silently cursing Chen Yansen for being too greedy.

Kuai Di Dache hasn't even cracked the Hangcheng market yet—why demand a $700 million valuation?

The representatives from Hongyi Capital and Macquarie Capital were startled; clearly, this number far exceeded their expectations.

The Huake Venture representative glanced at Liu Zhiping and Zhou Shouzhi's expressions, thought deeply, and instantly understood: Tencent and DST's valuations were likely very close to $700 million.

That's why these two were so calm.

Ma Liyun's eyes held a smile as he took in everyone's reactions—he would never accept a $700 million valuation.

He believed neither Tencent nor DST would agree unless Kuai Di Dache reached 300, 00 daily orders and expanded its operational scope by double.

But he wasn't worried—business, after all, always finds a mutually satisfactory middle ground if both sides are willing to talk.

(End of Chapter)

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