QR codes are banned and everyone continues to compete in the ecosystem.
Theoretically, 99 series, Alibaba series, and Tencent series each have their own kingdoms, but one product among them is quite special, which is Meituan.
Last year, Yao Yuan took a strong stake in Yuetuan, backed by US$400 million, launched flash promotions, and aggressively seized the market. Wang Xing ran to Hangzhou to beg Jack Ma for help, but Lao Ma refused.
Wang Xing asked Shen Nanpeng for help, and Shen Nanpeng was also very helpful and attracted a new investment.
At the time of the QR code turmoil, Meituan suddenly announced: "Meituan has completed its third round of financing, led by General Atlantic Capital Group, with a total investment of US$250 million, accounting for 13.3% of the shares!"
Post-investment share composition:
Wang Xinghe Entrepreneurship Team, 50.1%
Sequoia Capital, 21.4%
Ali,15.2%
Pan-Atlantic, 13.3%
In other words, even if Alibaba joins the investment, it will not avoid the dilution of its shares.
…
Yuetuan.com.
Lei Jun sat in his office and has been studying the news.
During the fight last year, his judgment was that Tencent would help Dianping and Alibaba would help Meituan. The result was half right, but he didn't expect Alibaba to ignore it.
What's even more interesting is that Lei Jun is holding a mobile phone and looking at the latest version of the Meituan APP.
Just place an order and go to the payment page. In the past, there was only one way - Alipay, but now it's QQ payment!
Alipay has gone down and is hidden. You have to click on "Select more payment methods" to see Alipay.
What this means is self-evident.
Meituan and Alibaba have broken up, and Meituan has the intention to lean towards Tencent.
"..."
Lei Jun felt anxious, so he lit a cigarette and puffed away the smoke. Before he knew it, it was gone, and he lit another cigarette casually.
He was a heavy smoker, averaging a pack of cigarettes a day. He once accidentally lit the carpet on fire and quit smoking for a while, then started smoking again and quit again, over and over again.
When I quit smoking, I used Coca-Cola instead, so there was a special cabinet for Coca-Cola in the office, with the labels facing outwards, neat and obsessive-compulsive.
"call!"
He exhaled a puff of smoke. If Meituan really falls to Tencent, Yuetuan will be in danger!
According to the normal thinking, if Meituan and Dianping join forces, then Yuetuan will have to find helpers and should seek cooperation with Baidu. But Lei Jun is not an ordinary person. He has the strength and structure to support the first level alone.
First of all, he is unwilling to cooperate with Baidu, which will cause a fierce battle for group buying. He doesn't want to fight anymore.
Secondly, Meituan has broken up with Alibaba and has not completely surrendered to Tencent. If Yuetuan can take the opportunity to devour the other party, it will definitely win the final victory.
Lei Jun thought for a long time and made two phone calls.
One for Yao Yuan and one for Shen Nanpeng, and they made an appointment to have dinner in the evening.
…………
"How are you in Hong Kong?"
"Well, pay attention to your health and don't be tired. The road show is just a fool's errand. Youzi Street is not a big product, so investors know what it is."
In the evening, Yao Yuan was on the phone with Yinyin in the car.
Yinyin took Dai Hanhan there. Today in Hong Kong, Youzi Street is not like Maiwo Internet or shopping malls. The value is there and the process is relatively simple.
If it will be much higher in later generations, like Xiaohongshu, its highest valuation is US$20 billion.
After making the call, Xiao Mo suddenly asked: "Boss, I heard that Xu Zheng's new movie wants to be shot in Hong Kong. Is it true?"
"Why do you ask?"
"I love watching "Lost in Thailand" the most, and I also love watching Hong Kong movies. If he wants to shoot in Hong Kong, then I will go in one direction, and I will definitely go and support him when the time comes."
"You support me! You will watch it with us in the VIP hall, and you don't even need to buy a ticket..."
Yao Yuan cursed before replying: "It should be in Hong Kong. It's a series of "囧". This one might be called "囧 in Hong Kong"."
"Hey, "囧 in Hong Kong"! It sounds fun. It's best to find some Hong Kong stars to act in it."
Xiao Mo was so stupid that he laughed a few times.
And Yao Yuan thought about what Yu Jiajia told him, "囧" seems to be planned to be launched in the summer, and it is still being prepared. The framework is already in place.
After a while, when they arrived at the appointed hotel, Yao Yuan entered a private room. Lei Jun and Shen Nanpeng were already sitting inside.
"Old Shen!"
"haven't seen you for a long time!"
"You are too busy. I can't even make an appointment with you to dinner. Today is still a blessing to Mr. Torre."
When Jiahe was first acquired, Yao Yuan and Shen Nanpeng had a honeymoon period and kept in contact with each other. Later, they had no business interactions and indeed they hadn't seen each other for a long time.
"Sit down, sit down, you're so familiar with me, so you're so polite!"
Lei Jun was in charge of the dinner party today, controlling the pace, ordering food and drinks.
"Hey, I heard that we are going to hold a World Internet Conference?" Shen Nanpeng started talking.
"Well, you've already contacted me and I've made a proposal. Where did you hear about it?" Yao Yuando said.
"Brother Xiaoma told me that the Cyberspace Administration of China has also approached him. He proposed to do it in Guangdong. Did you Kendong propose to do it in the capital?"
"Of course, my own territory is the most comfortable, not to mention that this kind of thing is closely related to the local government. Lao Ma will definitely propose to do it in Zhejiang Province... If we don't talk about it, it won't happen yet."
Yao Yuan didn't want to talk about it, so he turned to Lei Jun and asked, "Why are you interested in having dinner with us today?"
"Come and try this peony fried stuffed snake breast, Chaozhou cuisine, real snake..."
Lei Jun turned the table and let the two of them try the specialty dishes here. Then he surprised them by saying, "I'm looking for you because I want to study the feasibility of acquiring Meituan."
puff!
Shen Nanpeng choked and said, "Are you serious?"
"Of course it is true. You are a shareholder of Meituan. Do you think it is possible?"
"Theoretically it's possible!"
Seeing that it was no longer a joke, Shen Nanpeng said: "But Meituan is valued at US$2 billion. Do you have that much money? Even if you do, shareholders may not sell it. Now that the food delivery market is emerging and they have just raised funds, Meituan is I want to do something big."
"The so-called Daqian means taking refuge in Tencent?"
Lei Jun smiled and asked: "Meituan has listed QQ Pay on it. I guess you are the liaison between them. After all, you also have shares in Dianping."
"Business, you should understand."
Shen Nanpeng did not deny it.
"I understand, but don't you think we also have an advantage? If Meituan turns to us, it will definitely end the competition as soon as possible. Group buying has been going on for 5 years, do you still want to continue?"
"..."
Shen Nanpeng put down his chopsticks, pondered for a moment, and said: "I admit, I am very moved by your proposal. But Wang Xing is a very independent person. Their team owns 50.1% of the shares. As long as they don't want to sell, you still have nothing to do." Ways to acquire it.”
"So I invite you to discuss it!"
Lei Jun poured him a drink with a smile and said: "Tencent has 20% of the shares in Dianping. The support is very strong and it is difficult to leverage.
The breakup between Meituan and Alibaba is a good opportunity. No matter what method is used, whether it is acquisition or merger, as long as Meituan can be swallowed up..."
He paused and said lightly: "I personally will give you shares!"