In the past week, two major things happened on the Internet.
First, Ali finally completed the process of delisting the Internet company from Hong Kong, and at the same time started the process of going public in the beautiful country, triggering a big discussion at home and abroad, and everyone seems to be looking forward to the birth of this super IPO.
It is estimated that only Zhang Shuo knows that in ten years, Ah Li will be played by a beautiful country and will be in a state of ecstasy.
Even the uncle himself was sued by the beautiful country.
Perhaps for beautiful countries, the so-called lower limit means that there is no lower limit at all.
As expected of a bandit.
No matter how many bright labels you put on yourself after you become rich, you can't get rid of your gangster nature.
After all, they are still nouveau riche. They lack the historical and cultural heritage and civilization of China. After occasionally getting rich, they will squander the resources they have saved and eventually become gamblers.
There will always be a day when you lose everything.
Another big thing is about getting familiar with big data.
First, someone posted a discussion on the Internet. As the topic became more and more popular, it even aroused the interest of the media and TV stations, and began to rush to report on it.
Suddenly, big data has become a hot topic in society.
Later, it even attracted the attention of the regulatory authorities, who began to inspect the dolphin tours and camel tours that were first exposed, and then spread to various websites.
In the end, even Qingcheng Group received local inspections in Yangcheng.
The result is that the four travel websites, Dolphin Travel, Camel Travel, Pterodactyl, and Tongcheng, all have more or less sophisticated big data operations, including Nomi, Ali Dianping, Dacong Dianping, etc.
Neither can survive alone.
Only Qingcheng APP is clean and has no transgressions. Instead, it has received a wave of praise.
“Like Qingcheng!!!”
"Mr. Ya is worthy of being the last conscience!!!"
"Really, there is no harm if there is no comparison. Why don't these people know how to be satisfied? Even if they are evil, they still have to make such evil money without fear of losing their life."
“Isn’t this the true face of capital?”
"What do you think Qingcheng said?"
"Because Qingcheng has a cute king who is in charge, and the cute king is that special case."
The applause from netizens is certainly a great benefit to Qingcheng, but it has once again pushed Zhang Shuo to the forefront, and there is even a tendency to further deify Zhang Shuo.
This is not necessarily a good thing.
But Zhang Shuo had no choice but to move forward.
………
Monday, May 21st.
Zhang Shuo met with Pei Weiping in the office. Wang Xin, two Green Orange executives, and rotating president Lu Kai were also there.
"As the big data murder incident intensifies, I think this is the best time to acquire Tongcheng."
As the behind-the-scenes trigger of the big data murder incident, Wang Xin had a calm face, and did not forget to seize the opportunity to profit from it, and once again talked about acquiring Tongcheng.
The reason why it is Tongcheng instead of Pterodactyl is naturally because Tengda is also the majority shareholder of Pterodactyl.
"what is your opinion?"
Zhang Shuo looked at Lu Kai and fully appreciated Lu Kai's opinion.
"I agree to the acquisition. Qingcheng Group has completed a capital increase of 5 billion. If it can acquire Tongcheng and take advantage of this wave of positive public opinion, it will definitely be no problem to push Qingcheng's valuation to a high of 80 billion."
Lu Kai suggested delaying Qingcheng Group’s Series B financing until after the acquisition of Tongcheng.
To maximize benefits.
Once Tongcheng is acquired and Qingcheng Group's shortcomings in tourism and hotel businesses are filled, Qingcheng Group will perform well in new retail, takeout, group buying, travel, hotels, movie tickets and other business lines.
With the addition of green and orange bicycles and shared power banks, there are too many materials for telling stories.
It will definitely be enthusiastically sought after by investors from all walks of life.
"Then what method of acquisition should be used? Cash or stock exchange?"
obviously.
Zhang Shuo is also inclined to acquire Tongcheng.
In addition to maximizing profits, more importantly, the merchants and target customers involved in the tourism and hotel business also need to be cultivated over a long period of time.
It's hard to start from scratch.
Among the four major travel websites, Dolphin Travel and Pterodactyl were founded in 1999, Tongcheng was founded in 2004, and Camel Travel was founded in 2005. The shortest time they have lasted is 7 years.
It just so happens that Rideshare, like Dolphin Travel, is an established travel website.
It will be more valuable to acquire.
"Cash."
Lu Kai suggested, "Qingcheng Group has just completed a 5 billion capital increase, issued another 500 million corporate bonds, and obtained a 1.8 billion bank loan. The current funds are very abundant, and there is no need to dilute the shares."
"If it is a pure cash acquisition, will Tongcheng agree to it?"
Wang Xin raised his concerns.
Although the current wind direction is indeed unfavorable for passengers traveling together, dolphin travel and pterosaurs have also been hit, and the real impact is actually limited.
When this storm dissipates and public opinion no longer pays attention, it is expected that things will return to normal.
From the perspective of the founding team and investors of Tongcheng, we are naturally not willing to just take the money and leave. If we can exchange shares with Qingcheng Group, that would undoubtedly be the best solution.
"They had no choice."
Lu Kai is very forceful, "For fellow travelers, the biggest crisis is not this big data murder incident, but the merger of dolphin travel and camel travel."
The No. 1 and No. 2 companies in the industry have merged, so what’s the point of being No. 3 in the industry?
"But Tongcheng may not be acquired by us. I have received news that Ahri and Qiandu have shown some interest in Pterosaur and Tongcheng."
Wang Xin was also very strong and did not give in just because Lu Kai was the rotating president.
Mainly because their starting points are different.
From Lu Kai's perspective, the acquisition of Tongcheng is a simple transaction; but from Wang Xin's perspective, the success or failure of Qingcheng's tourism business is determined by whether it can successfully acquire Tongcheng.
In comparison, Wang Xin is even more determined to win.
It is precisely because of the eagerness to seek "common ground" that I worry more about gains and losses, and do not want this acquisition to go awry.
Be sure to make sure nothing goes wrong.
"Ahri, Qiandu can't do it." Lu Kai also had his reasons, "The only one who can save Tongcheng is Qingcheng. To be precise, it is the flow support from Weixin. This is what Ahri, Qiandu thinks."
Not available."
This chapter is not finished yet, please click on the next page to continue reading the exciting content! This is where Lu Kai’s confidence lies.
“The problem is, if we only consider using cash to acquire it, then Tongcheng’s founding team and investors will have to take out the money. Since Tongcheng has nothing to do with them, will they still care about Tongcheng’s future?
"
Wang Xin caught Lu Kai's loophole.
"How about this."
Seeing that the two were arguing, Zhang Shuo intervened decisively, "My suggestion is to adopt a cash acquisition, but at the same time give the founding team and investors of Tongcheng an additional right."
"What rights?"
"Allow them to participate in Qingcheng Group's Series B financing," Zhang Shuo said.
"That's a good idea!"
Wang Xin couldn't help but admire, "In this way, among the founding team and investors of Tongcheng, those who want to withdraw money can take the opportunity to exit; those who want to stay can invest in Qingcheng Group. It is equivalent to two things without delay."
Even better.
Without diluting Qingcheng Group’s shares, it also increased Qingcheng Group’s valuation and found some investors in advance for Qingcheng Group’s Series B financing.
It can be said that it kills three birds with one stone.
"Then it's settled?" Zhang Shuo looked at Lu Kai with a smile.
"Can."
Lu Kai couldn't help but admire the big boss's handling methods.
………
After the meeting, Lu Kai stayed alone and reported to Zhang Shuo: "Mr. Zhang, I have something to remind you. Junlian Capital is also one of Tongcheng's investors, holding about 5% of the shares."
County Alliance Capital is the investment company of Big Brother.
"It's very simple, just exclude County Alliance Capital from the list."
Of course Zhang Shuo is merciless.
The key 5% of shares cannot influence Tongcheng's decision-making at all and can only obey the decision of Tongcheng's board of directors. This acquisition by Qingcheng will not pose any substantial threat.
"clear!"
Lu Kai was also aware of the grievances between the two, so he specifically reminded them.
And I also guessed Zhang Shuo's decision. If Junlian Capital becomes a shareholder of Qingcheng Group due to the acquisition of Tongcheng, it will be as uncomfortable as eating a fly.
………
the next day.
Qingcheng Group issued an acquisition notice to Tongcheng.
Unlike Dolphin Travel and Pterosaur, Tongcheng.com has not yet been listed on the market at this time, so the acquisition process is simpler and does not require the consent of the regulatory authorities.
There is no need to even disclose relevant information to the outside world.
Of course, for those who are in the same Internet circle, it coincides with this sensitive period, so the news that Qingcheng Group wanted to acquire Tongcheng naturally spread quickly.
In just a day or two, you will know everything you need to know.
For example, Tenda.
"Sure enough, as expected, Mei Ya attacked fellow passengers."
The second master has a headache.
Lately, sprouting has almost become a problem for him. Every now and then, either proactively or passively, there will be a minor collision between sprouting and Tengda.
It's really like we're on opposite ends of the road.
Some fortune-telling masters even speculated that Germination was the evil star of Tengda.
"That's not surprising."
Lu Jian was also very depressed. Originally, Tongcheng was also on Tenda's investment list. According to Tenda's strategy, it was to catch up with all four travel websites.
But recently, we have been busy promoting the merger of dolphin tours and camel tours, so investment in shared rides has been delayed.
Unexpectedly.
Suddenly, the big data killing incident broke out, completely disrupting Tenda's deployment.
This gave Qingcheng an opportunity.
Of course, even if Tengda and Moya compete head-on and compete together, today, with Weixin's influence, Tengda may not be able to outcompete Moya.
If Tengda is really serious, it's not too late to end now.
But judging from the emotion of the second master, it is obvious that Tenda is not prepared to get involved. The recent big data murder incident is enough to give Tenda a headache.
"Why is this such a coincidence?" Renyu expressed his doubts.
But just after the merger of Dolphin Travel and Camel Travel was settled, it suddenly broke out, causing Tenda's investment to be greatly reduced again.
If it breaks out before investment, it will be beneficial to Tengda.
Just like what Mo Ya is doing now, we can take advantage of the crisis and take advantage of others to promote the merger of dolphin travel and camel travel at the minimum cost.
But it just happened to happen.
"Are you suspecting that this was done by someone from Su Ya's side?" The second master's eyes flashed.
"yes."
Renyu also did not shy away, "Although there is no evidence, the matter is obvious. After the whole incident broke out, Tengda was the biggest victim, and Mei Ya was indeed the biggest beneficiary."
According to the principle of who benefits and who controls, this suspicion is justified.
Of course this doesn't mean anything.
Not to mention that this matter cannot be clearly investigated at all. The key point is that this is not a rumor, but a true fact. Even if it is clearly investigated, it will have no adverse impact on Qingcheng.
It is a conspiracy in nature.
There is no solution at all!!!
"I don't care whether it was Moya who did it or not, the question now is, what should we do?" The second master also knew that this was a confusing account, so he simply ignored it.
Solving problems is the real thing.
"Things are already like this, so let's keep them as they are."
Renyu doesn’t think Tengda needs to do anything extra.
"This is inappropriate!"
Lu Jian shook his head, "After Qingcheng acquires Tongcheng, Tongcheng will receive traffic support from Weixin, which will pose a major threat to the newly merged Dolphin Travel. Just maintaining the status quo may not be enough."
"Then dolphin travel can also get traffic support from ICQ? What are you afraid of?"
The fish is very brave.
"The news I got is that Qingcheng has to pay 50 billion in service fees to obtain Weixin's secondary entrance. The question now is, should we charge Dolphin Travel? Can Dolphin Travel afford this?
Is there a service fee?" Lu Jian's consideration was obviously more complicated.
"Of course there will be a fee."
After all, Tenda only holds 25% of the shares of Dolphin Travel, so it is even less likely to be taken advantage of.
Especially Weixin has already set an example.
"But the size of Dolphin Travel cannot be compared with Qingcheng Group. Even if we continue to raise funds, the funds we can obtain are extremely limited."
Lu Jian pointed out the crux of the problem.
The valuation of Qingcheng Group can easily exceed 60 billion. For the current size of Dolphin Travel, the valuation is as high as 8 billion, not even 10 billion.
How much money can be raised?
"What do you mean?" Er Ye said with deep meaning in his eyes.
"Since Dolphin Travel cannot afford this service fee, we might as well take advantage of this public turmoil to acquire the entire Dolphin Travel and complete privatization and delisting. Once Dolphin Travel becomes a wholly-owned subsidiary of the group
, naturally there is no problem of paying service fees.”
Lu Jian finally expressed his thoughts.
Daqing went through a lot of detours, but still wanted to imitate Mo Ya, preparing to take advantage of the situation and make a fortune.
"this……"
Renyu glanced at Lu Jian in surprise.
Lu Jian ignored it and continued: "After acquiring Dolphin Travel and adding Dacong Dianping, we can form a local life service business group and continue to bet on the local life service track."
"Um???"
The second master suddenly raised his head, feeling a little moved.
"I don't think it's appropriate."
However, Renyu is still playing the opposite tune, "The previous wholly-owned acquisition of Dacongdianping was already inconsistent with the group's strategy of taking connectivity as its mission and handing half of its life to its partners. Now it is acquiring Dolphin Travel to form a local life service business.
Group, that is tantamount to completely violating the previously established strategy."
Needless to say, the newly established local life service business group must be handed over to Lu Jian.
Renyu disagreed even more.
"This time, that time."
However, Lu Jian showed great patience, "Originally, we decided on the strategy of connecting everything because we were determined to dominate the social field and use traffic as a link to connect everything. With this premise, we can trust half of our lives to cooperation.
partners, and don’t worry about partners jumping back.”
"The situation is different now. Weixin's break from the circle has divided nearly half of the social traffic. Not only has the group's right to speak been seriously challenged, but also partners have an additional choice."
"Ahri, the cooperation between Jingdong and Sprout is a very intuitive example."
"Under such circumstances, of course, we must adjust our strategies in a timely manner, put new businesses into our own basket as much as possible, build a stronger business moat, and pursue a diversified development path."
"Do you want to imitate Bu Ya's diversification strategy?" Renyu looked strange.
"What's wrong with this?"
Lu Jian was very calm, "We can learn from what Mo Ya has done well. There is nothing wrong with it."
"But the outside world is actually not optimistic about Bu Ya's diversification strategy." Rengyu still insists.
"What about you, don't you think so either?"
Lu Jian, however, took over Renyu's army, obviously knowing what Renyu was thinking.
It's nothing more than a struggle for power between two people.
Once Tenda decides to break out of the original framework and adopt a diversified business strategy, the proportion of investment in this area will continue to increase, thus threatening Renyu's power.
Renyu is only responsible for the two major business areas of gaming and social networking. He probably doesn’t have much to do with new business.
You will feel even more threatened.
"I…"
Renyu's expression was slightly stagnant, he glanced at the second master and said: "You should have noticed that the trend of the seaside city has also changed recently, especially in the area of bank credit, which seems to be deliberately shrinking to prevent disorderly expansion."
"One yard owned by a yard."
Lu Jian will not be fooled, "The official does not advocate crazy borrowing and exaggeration. If the group's cash flow can be maintained, even if it takes a diversified development path, it does not require borrowing."
"Not necessarily?"
Renyu is not that easy to fool, "I won't mention it from afar, let's just talk about the local life service business."
“You said you want to follow the example of Sprout, but the fact is that in order to support the development of Qingcheng Group and obtain sufficient development funds, Sprout has decisively given up its 100% holding strategy and is continuously diluting its holdings through rounds of financing.
Some Qingcheng Group shares."
"But according to what you said, the group has to go back to the old path that Su Ya has abandoned. It is not enough to have 100% control of Da Cong Dian Ping. It also wants to fully acquire Dolphin Travel."
"Isn't this the exact opposite?"
"Not really!"
Lu Jian, on the other hand, had a lot of free time.
"On the contrary, my suggestion to acquire Dolphin Travel is precisely to imitate Buya in an all-round way."
"???"
Renyu said he didn’t understand.
"The reason is also very simple. In the local life service track, our starting point is different from that of Bu Ya. Bu Ya relies on its own incubation of Qingcheng Group, which has already laid a solid foundation."
"But we are different. At the beginning, there was nothing in the local life service track. Only through acquisitions can we quickly fill the gap with Sprout and stand on the same starting line as Sprout."
"After the resource integration of Da Cong Dian Ping and Dolphin Travel is completed, we can completely follow the example of Bu Bu and form a local life service group company. Then we can start financing in the name of the group company."
This is what Lu Jian calls, the depth is as deep as the sprout.
"..."
This time, Renyu was completely speechless. He didn't expect Lu Jian to think so deeply. In a short period of conversation, he had figured out the entire business closed loop.
I'm afraid it was premeditated.
"Then since we have reached an agreement, let's implement it!" The second master, who had been watching the excitement, saw the results of Lu Jian and Renyu's discussion, and then he made the final decision.
The old balance hand.
Of course, the second master is not simply playing with balance, but he has seen the infinite possibilities and broad future of the local life service track, which is likely to be the next super trend.
Local life services connect online and offline, and will definitely be a new traffic entrance.
Only by seizing the local life service track, increasing investment, becoming bigger and stronger, and continuing to obtain new traffic entrances can the traffic anxiety faced by Tenda be alleviated to a certain extent.
Only then did he acquiesce to Lu Jian's proposal.
In Erye's eyes, all business experiences can ultimately be summed up in the word "traffic".
This is the only way to success.
This chapter is not over yet, please click on the next page to continue reading!……
Friday, May 25th.
In the office, Zhang Shuo was looking through the work briefing and couldn't help but smile when he learned that Tenda planned to fully acquire Dolphin Travel and form a local life service business group.
"Have you finally fallen into the trap?"
Regarding this matter, Zhang Shuo was not only not worried, but also very happy.
This incident has revealed an extremely strong signal to the outside world that Tenda has changed its previously set business strategy of "connecting everything and handing over half of your life to partners".
The winner-takes-all approach has begun.
The potential impact is that Tengda will not be able to become "the most financially invested strategic investor" like the original time and space, and it will receive a kind of welcome from Internet entrepreneurs.
Someone might even cry "wolf".
Because when Tengda made changes, his behavior pattern was no different from Ahri and Qiandu.
The Big Three seem to be getting more involved.
Zhang Shuo also knew very well that Tengda's change, which seemed sudden, was actually a forced adjustment based on practical considerations due to the emergence of Weixin.
It's a semi-helpless move.
Unknowingly, due to the emergence of the bud, it has exerted a lot of influence on Tengda in two years, causing Tengda, a giant ship, to completely deviate from its original course of time and space.
Games, games cannot be won, and social interactions cannot be dominated by one family.
Based on the instinctive reaction of capital, Tenda subconsciously wanted to follow the same pattern as Germination. Finally, it also moved towards diversified development and began to continue to bet on local life services, e-commerce and large entertainment tracks.
But in the original time and space.
In addition to the big entertainment business, Tengda leaves the remaining two businesses to its partners.
Now, they all end up in person.
But what Tenda doesn't know is that both local life services and e-commerce seem to have bright prospects, but they are extremely difficult to monetize and achieve profitability.
Quite the opposite.
The demand for funds in these two businesses is bottomless.
Just don't know.
With Tengda's size, can he resist these two super blood-sucking machines?