2026-04-09 01:00:38

After being rejected by more than 40 investors, Liu Qiangdong went bald overnight. Then he found Xu Xin. Xu Xin and Liu Qiangdong’s meeting lasted four hours. In the end, Xu Xin asked him how much money he wanted. Liu Qiangdong nervously said: $2 million.

Xu Xin said: "No." Liu Qiangdong’s vision blurred—if he didn’t get the money, his company would go bankrupt in a few months, and he would be heavily in debt.
Xu Xin said: "I’ll give you $10 million first; $2 million is not enough."

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