The industry policy was completely clear on October 10th, and the rapid announcement made by the registration website on this eve showed a different meaning.
Many reporters wanted to dig into this point, but Fang Zhuo, who had previously been willing to accept interviews, did not agree to any interview requests. Such actions are linked to "unprofitable core business" and "active venture capital divestment", which is quite sad.
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Before October 7, Fang Zhuo was in high spirits, winning the competition and subsidy war, promoting Guahao.com to increase its market share, and completing the company's second round of financing. However, after that, the foundation for building Guahao.com's business model suddenly collapsed.
Even though Fang Zhuo made an announcement in advance and seemed to be trying to find a way out, many business elites who assumed his identity were unable to find a better way out, which made people sigh even more.
At the same time, two other companies with a certain status in the online registration field have made different responses.
Internet medical services in Beijing have begun to announce layoffs!
As the president, Chen Xing became Fang Zhuo's second choice after he refused to be interviewed. He was originally willing to talk about his views on the industry, but in the middle of the interview, he suddenly learned from the reporter that he was a spare tire and left angrily.
Accept another interview.
Therefore, the reporter wrote in the manuscript that "the collapse of the business model has dealt a huge blow to the company management in the industry, and the mood is therefore unstable."
Chen Xing originally wanted to use the "light equipment efficiency theory" to link his own layoffs, but the prospects of the industry really prevented him from even covering up his interest.
Moreover, IDG Capital, as a shareholder, began to review the financing cooperation with Internet medical care without discrimination, and proposed an inspection of the company's accounts.
The funds used by Internet Medical for the price subsidy war over the summer are divided into three parts: self-sustaining, bank loans and financing supplements. There are some minor problems in the use of funds in this process. Now IDG is holding on to it, which is quite troublesome.
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IDG couldn't catch the fault of the registration network, and then turned around and remembered that there was a prodigal thing in its hand. The swift and fierce action was even better than the previous "seven sects besieging Guangmingding", which made Chen Xing grit his teeth at this kind of "adding insult to injury" move.
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Suddenly, he had a complex feeling of "Fang Zhuo should have tricked you to death."
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At the same time, he also learned about a piece of news that made IDG particularly displeased with Guahao.com - during the tax audit process, it was revealed that the funds that Guahao.com lent to Yike were repaid after Yike received the angel round from IDG and Today Capital.
In other words, IDG used its own money to help Guahao.com respond to IDG’s accounting requirements, which perfectly solved the problems raised by IDG to Guahao.com.
While Chen Xing was solving the trouble he encountered, he looked south at the registration website in Shencheng that seemed to be calm, and felt that there was indeed a gap in skill with the other party.
He could not say it out loud, but he could not help but feel admiration in his heart when he reviewed the details of this project in the dead of night. This emotion turned into contempt when he thought of the medical online company in Pengcheng to the south.
Fang Zhuo occupies the largest share of the market and uses various means to win over investors. He is certainly qualified to consider the future development of Guahao.com even if it has a small chance of success.
As for me, I have already begun to break my own strength, I have solid administrative connections, and I can handle bank loans smoothly. At most, I have some minor problems in dealing with venture capital.
But that Liang Min, who has always been the third oldest in the industry and was almost killed in the price subsidy war, why should he still struggle in a high-profile manner when facing the policy?
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Industry guidance was released on the 10th, and the announcement on the registration website was announced on the 7th.
Smart people like Liang Min vaguely guessed that there would be administrative changes in the industry when they saw the announcement. In particular, he was even more certain of this after watching the news about the battle between Fang Zhuo and venture capital investors.
However, Liang Min could not give up the family business that he had worked so hard for, and he had never even had such an idea.
It’s just that online registration can no longer be charged. It’s just that the company’s goal of becoming bigger and stronger and even going public has been shattered. But, do all companies in the world have to be listed?
I don’t want to go public, I just want to make a little money, okay?
Liang Min planned this in his mind, and suddenly felt that the world was wide, and he was thinking about more ways to make the company profitable.
However, before establishing new methods, medical online also needs to face doubts from investors, all thanks to the subsidy war in the summer.
The summer subsidy war not only caused Medical Online to lose the market in Yangcheng, but also made the company's financial situation extremely tight. Liang Min had to significantly dilute his shares to obtain funds.
Now, policies have caused the future of the industry to be in turmoil. Liang Min increasingly feels that investors must feel confident at this time. Just before receiving the guidance on the 10th, he accepted an interview with local media and said that he was discussing cooperation with the star company Tencent.
Last year, Tencent was still burning a lot of money and was in a poor state with no future. In the first half of this year, it successfully demonstrated its own value in the process of changing shareholders. Then it further blossomed and became a bright spot in the domestic Internet industry that is currently sluggish.
Liang Min was in Pengcheng, so he naturally noticed the success of the company in the same city.
He was surprised by the huge traffic of the other party, and had long been promoting cooperation between himself and the other party on the publicity level.
Finally, this cooperation made progress after seeing the announcement from Guahao.com on the 7th, so it was revealed in an interview on the 10th to boost the confidence of investors and company employees.
Another day later, on the morning of the 11th, Liang Min urgently contacted Tencent’s vice president in charge of docking, and received a verbal commitment from the other party that he would promote cooperation and review the contract between the two parties in the afternoon.
At noon, Liang Min talked eloquently to the reporters invited, saying frankly that the reason why he used the company name "Medical Online" was because he was more optimistic about the development of online medical care, rather than just limiting his sights to the online registration business.
Online registration is just the traffic entrance for online medical treatment.
At the same time, he also showed the company's great strides in development, claiming that he would have the opportunity to cooperate with Tencent today to jointly build Pengcheng's informatization work.
On the afternoon of the 11th, Liang Min and his team went to Tencent. After half a day of arduous negotiations, they were close to formally reaching a cooperation.
This is finally a piece of good news in a precarious situation, which makes people feel refreshed.
In the evening, Liang Min was thinking about the development of the industry, thinking about the meeting with investors tomorrow, and from time to time thinking about the expected space that the huge traffic entrance could bring.
However, one night later, Liang Min received news from his colleagues just in the morning.
A piece of bad news.
The registration website has updated its website announcement again.
It announced a formal cooperation with Tencent, committed to promoting online registration on a larger scale in the country, and will invest heavily in promoting the development of the online medical industry.
Yes, just when Pengcheng Medical Online was about to sign a contract with Tencent, the much-anticipated Shencheng Registration Network stepped in and directly reached a cooperation with Tencent.
This also became the last straw for Pengcheng Medical Online.
It is clear that the situation of Guahao.com is not good, why do they suddenly take action to kill all competitors?
Many people have this curiosity.
Even Ma Huateng asked this when he received Fang Zhuo’s call.
Fang Zhuo gave this answer:
“Business competition is so ruthless sometimes.”
“We are idle anyway, and it is always good to occupy more market.”
