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Meanwhile, Pinduoduo successfully went public on the NASDAQ Stock Exchange, with its market value soaring to 100 billion!
The news spread, stunning the world and causing a nationwide sensation!
Xu Mo’s team had spent nearly two years striving to make Pinduoduo’s IPO a success.
During this period, they faced various obstacles and difficulties, including several lawsuits, but none of these challenges could prevent Pinduoduo from successfully going public.
Undoubtedly, when the news of Pinduoduo’s successful IPO came back, the entire company was thrown into a frenzy.
This event was expected to create at least twenty new billionaires and over a hundred new millionaires within the company.
All the investors and teams involved in Pinduoduo would receive enormous returns!
In no time, the entire internet and capital market were in an uproar.
It’s worth noting that Pinduoduo had grown while fending off fierce competition from the massive platforms Taobao and Jingdong. Pinduoduo’s unique group-buying model and the Price slashing model had taken the nation by storm.
This model successfully carved out a significant niche in the online shopping market, growing against the odds and rising rapidly.
During this period, countless people spread Pinduoduo’s name virally, creating a massive impact. Thus, Pinduoduo’s success was nothing short of earth-shattering.
Many did not expect that the lower-tier online shopping market in china would be so vast, capable of creating a company with a market value of 100 billion.
Currently, Pinduoduo’s market value has skyrocketed to 100 billion just after going public, and this surge shows no signs of stopping.
In the future, there is potential for it to reach 200 billion or even 300 billion.
The ripple effects of this success will impact various sectors.
Xu Mo, Tang Lei, Gu Huanxi, Li Banzhuang, and Zhang Yundong, among others, participated in interviews, explaining Pinduoduo’s IPO model and advantages, and sharing their thoughts on the success.
Each of them wore a beaming smile.
Xu Mo had finally gained national fame.
…
In Beijing, at the Xu family’s villa.
Xu Wanting and Xu Xuehui, among others, also saw the news and images. The online spread of this information was rapid, sweeping across the nation. It was easy to see with just a quick check on the computer.
Receiving the news, Xu Deming hurriedly made his way to Beijing amidst his busy schedule to watch with them.
After not seeing him for a while, Xu Mo appeared even more mature and confident. His every gesture radiated the charm of a successful individual.
Due to Pinduoduo’s success, his personal wealth had also soared to the billion-level, marking him as a genuine genius.
It was hard to imagine Xu Mo achieving such massive success.
Even Xu Wanting hadn’t anticipated it.
Regarding Pinduoduo’s IPO, Xu Wanting had made some predictions, but she hadn’t expected the company’s market value to double so dramatically after going public.
She had only thought that even if Pinduoduo went public successfully, it would just be a small achievement.
She never anticipated the impact would be so massive.
The current news suggested that this was not the end. In the future, Pinduoduo might grow into a giant similar to the Ali Group.
“I knew he could do it!”
“Look at that! I knew he could do it!”
“Absolutely amazing! It’s truly extraordinary! One of a kind!”
“Who can achieve such success at this age? Can you? Can anyone else? No, no one can! He’s only twenty-one this year! The eldest and second eldest, he’s only twenty-one this year!”
“As long as Xu Mo returns to our Xu family and becomes the head of the family in the future, it’s not impossible! The Xu family has such a large energy group; it doesn’t necessarily have to be given to the eldest brother! Why can’t I, Xu Deming?”
Xu Deming was immensely excited.
Years ago, he had lost control of the family to his elder brother, Xu Bohan, after a fierce competition. The family’s energy company was handed over to Xu Bohan to manage.
As a result, Xu Bohan wielded enormous power, frequently traveling to the Middle East to oversee oil affairs.
Xu Deming had once conceded defeat, believing himself to be inferior to Xu Bohan, and chose not to contest the control of the Xu family.
But now, things were different!
Xu Deming had risen up!
Since Xu Mo had achieved such success, why shouldn’t the Xu family be under his control? Who would dare oppose him? Xu Ankang? No, he was insignificant!
Seeing Xu Deming’s excitement, Xu Wanting frowned and let out a heavy sigh.
Did Xu Deming still not understand? Xu Mo had no intention of coming back home!
Now, the more successful Xu Mo became, the greater the threat he posed to the Xu family.
He clearly had no intention of making things easy for the Xu family.
However, Xu Wanting couldn’t bring herself to say this out loud. From Xu Deming’s perspective, it was indeed worth celebrating.
Not just Xu Deming, but even they, the elder sisters, found it astonishing.
How old was Xu Mo?
He had just graduated from university this year, only twenty-one years old!
Previously, they thought that his achievement of creating a shared bike company and earning 5 billion was already impressive, beyond their imagination.
But now, his success seemed to be ongoing and even growing. Moreover, as time went on, Xu Mo became more mature and decisive.
None of them dared to underestimate Xu Mo’s future achievements.
“Xu Mo… grew up in an orphanage from a young age! He…” Xu Shuying seemed to want to say something but ultimately couldn’t continue, letting out a sigh.
Xu Mo had once begged on the streets and even mourned for a living. From a very young age, he had already shown extraordinary resilience.
The intense hardships he endured likely shaped his character, and perhaps this was why he became so successful.
Xu Wanting and Xu Xuehui remained silent, continuing to watch the information on the TV.
Hearing the commotion, Xie Bingyan, who had been staying in her room, suddenly came downstairs.
When she glanced at the TV and saw the interviews, her expression momentarily froze.
“Stay right there!”
“Mom!” Xu Wanting called out.
Xu Deming immediately became excited, saying, “Xie Bingyan, take a good look! You better pay attention! Xu Mo has succeeded enormously! He truly deserves to be my son! He truly deserves to be Xu Deming’s son! Hahaha, Pinduoduo is incredible! It surged to 100 billion overnight! That’s a full 100 billion!”
“Xu Mo’s net worth has also soared to a 100 billion! And how old is he? He’s only twenty-one, and he already has 100 billion!”
“A boundless future! His future must be boundless!”
Hearing this, Xie Bingyan’s face turned pale as a sheet.
She didn’t say a word, falling into a deathly silence.
“Xie Bingyan, look closely! Open your eyes and see!” Xu Deming continued excitedly, “I believe he could compete with elder brother Xu Bohan! Why must the energy company be given to Xu Bohan? Will Xu Ankang ever compare to Xu Mo in the future? No! It’s impossible!”
“I’ll let the family know when I’m ready! The Xu family owes me an explanation!”
Xie Bingyan’s body trembled slightly as she glared at Xu Deming with a hint of disgust. Without saying another word, she swiftly turned and hurried upstairs.
She walked a bit too quickly, almost stumbling and nearly falling.
Soon, she was back in her room, slamming the door shut with a bang.
Xu Wanting and Xu Xuehui sighed in response.