2065438+April 2009, Softbank invested in Wirecard through the acquisition of convertible bonds, with a transaction amount as high as 900 million euros (about 7 1 billion yuan). At that time, the company's fraud had begun to be exposed, but Sun Zhengyi still insisted on betting, and now this investment is undoubtedly doomed to failure.
What is staggering is that in June of 17, the market value of the company was still as high as128.5 billion euros (about 1000 billion yuan). Later, financial fraud broke out, and the market value of 1000 billion was gone in less than 10 days, which was terrible. This is one of the biggest scandals in German business this year.
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We just invested 7 billion yuan last year, and now it's in Shui Piao.
Wirecard was founded in 1999, and was once regarded as the Alipay of Europe. Sun Zhengyi invested more than 7 billion in one breath.
According to public information, Wirecard started from online casinos and pornographic websites. After the acquisition of a bank in 2006, it developed into a service provider providing all-round payment services. Wirecard's revenue in 2065438+08 exceeded 2 billion euros, and its market value once surpassed Deutsche Bank to reach 24.6 billion euros.
However, the sudden financial fraud crisis caused Wirecard to quickly fall off the altar and bottom out.
Phoenix Net-Sun Zhengyi's third company went bankrupt this year: 7 billion yuan was wasted.