A huge gong was placed in the center of the stage.
Ringing this gong is the dream of many entrepreneurs?
Going public = financial freedom.
Countless people have dreams, only to have their heads broken and their companies to go bankrupt.
In comparison, Chen Dongcheng's family history has been smooth sailing.
Since its establishment, Cao Cao Group Buying was not taken seriously by Magnesium Group and others, but it suddenly stood out from the food delivery track.
In the end, it made a strong counterattack and successfully acquired Magnesium Group.
Now, Lao Ma's Are You Hungry is pressed tightly under his body to output?
Walking on the street, Cao Cao's takeaway riders are always the most popular.
The blue Are You Hungry rider is a bit sparse.
Even ordinary people know which of the two companies is stronger and weaker, let alone Lao Ma.
In addition to Zhang Yong and Jiang Fan, who were brought to the scene by Lao Ma this time, Wang Lei, the CEO of Are You Hungry, and Hu Xiaoming, the chairman of the local life service platform, were also brought by Lao Ma.
To use Lao Ma’s words, it’s better for someone else to learn from me.
Look at how they pinned us down.
Wang Lei was quite ashamed of this.
The old rival Magnesium Group disappeared into thin air, leaving only Cao Cao Group Buying as the dominant player.
In the field of food delivery, Wang Lei’s original ambition was that he believed that with the support of Taobao and Alipay, it would be easy to suppress Cao Cao’s food delivery.
The result is extremely miserable. The share of the takeaway market has continued to decline, and now only 30% remains.
Many merchants on the platform have continued to complain that the number of orders is far inferior to Cao Cao's takeout.
In order to help the younger brother, Alipay App has added a home delivery section on its homepage, turning on the faucet and sending traffic to Ele.me with all its strength.
The same goes for Taobao. I deliberately set up a stall for Ele.me on the homepage.
I originally thought that Alipay’s huge user base could easily help Hungry.me take off.
Facts have proved that both Lao Ma and Wang Lei thought too much.
In the eyes of most users, Alipay is a pure tool software.
There are only a few users, but it is not enough to cultivate users’ minds and habits of using Alipay to order takeaways.
Despite the flooding, Ele.me still couldn't catch it or keep it.
Cao Cao Group Buying and its affiliated food delivery platforms are exactly the opposite. Their main business line is to make a fuss about eating.
One is for the content side, and the other is for the transaction side, so that traffic and transactions can be seamlessly connected.
It is quite smooth and the efficiency is far beyond that of Ele.me and Alipay.
To put it bluntly, as long as ordinary people think of eating with their mobile phones, they will definitely choose Cao Cao for group buying. This is the power of subtle influence.
Whether you go out to have dinner with friends and choose a restaurant, or you are too lazy to do anything at home and want to order takeout.
Just open the Cao Cao Group Buying App and everything can be done for you.
Under this dimensionality reduction attack, Lao Ma can only watch as he is hungry and beaten, without being able to help at all.
…
"Boom!"
There was a loud noise, and Chen Dongcheng and a rider wearing a Cao Cao takeout jacket rang the gong together.
There was also applause at the scene, and the huge LED screen behind also displayed the opening price of Cao Cao's group purchase.
The opening price was HK$72.90, which was higher than the previous IPO issue price of HK$69.
Converted into US dollars, the market value is approximately US$51.03 billion, already surpassing JD.com.
This price is undoubtedly low compared to Cao Cao's strong position in group buying today.
Except for Chen Dongcheng, other executives left the stage one after another, and reporters focused their cameras on Chen Dongcheng.
"The market value of Cao Cao's group buying has reached US$51 billion. Do you think it's scary?"
Lao Ma squinted his eyes, looked at the opening price, and asked several Ahri executives around him.
"Mr. Ma, our Ahri's market value is as high as 500 billion US dollars, and they are still far away from us."
Jiang Fan is a standard science and engineering man with a straight temper, and he can't stand Chen Dongcheng's manner.
"The current market value of US$50 billion does not mean that they will always have this market value."
Lao Ma sighed and looked solemn: "I have a hunch that we are going to witness the rise of a giant."
"Wang Lei, you must try your best to increase the market share of Hungry? We cannot completely lose this track."
"I see."
Wang Lei nodded heavily and looked at the LED screen with complicated eyes.
The numbers above stung Wang Lei's eyes.
It is the dream of many people to lead a company to go public.
Even with Ahri's support, this step would not be easy.
After the reporters took pictures, Li Xiaojia talked about various policies of the Hong Kong Stock Exchange with high spirits.
The purpose is just one, to trick more companies into considering listing on the Hong Kong Stock Exchange.
After Li Xiaojia finished speaking, everyone at the scene looked at the man slowly walking towards the stage.
Lao Ma narrowed his eyes, while Xiao Ma had an unpredictable smile.
Many people observed the three heads of Internet giants with great interest.
"Cao Cao Group Buying is listed. I would like to thank all the shareholders who support us. Mr. Peng of Yuansheng Capital. He has supported me since the establishment of Cao Cao Waimai. I believe Mr. Peng will not regret investing in us, right?"
Peng Zhijian, who was named by Chen Dongcheng, smiled and shook his head.
Other guests also looked envious.
In this circle, no one knows that the two of them have a good relationship.
Peng Zhijian made an unknown amount of money by relying on their friendship.
He has participated in almost all of the good projects of the Cao Cao Group.
For example, in Cao Cao's group buying and listing this time, Yuansheng Capital invested less than 200 million US dollars in total, but its shareholding ratio was 2.5%.
It doesn't look like much, but it can't stand up to the market value of Cao Cao's group buying.
The return on investment is surprisingly high.
It is no exaggeration to say that Yuansheng Capital has already made huge profits from this project alone.
The fundraising for the next phase of the fund went particularly smoothly.
This is the benefit of having a backer.
"I would also like to thank Mr. Ma from Tengxun. Mr. Ma can stand by our side at critical moments. I believe that Cao Cao Group Buying will also use facts to prove how correct Mr. Ma's decision is."
The mentioned little brother Ma smiled implicitly, with some helplessness and vigilance deep in his eyes.
It is only a matter of time before the magnesium group is defeated.
Only Xiao Ma, who controls the traffic platform, knows how big a threat Douyin poses to Magnesium Group.
Fortunately, Chen Dongcheng is very sensible. Not only did he provide a port for WeChat payment, he also did not prevent Tengxun from subscribing for new shares.
This fact makes Brother Ma quite pleased.
“After this listing, Cao Cao Group Buying will officially launch in-depth cooperation with Douyin, actively explore local life areas, and enrich users’ eating, drinking, and entertainment experience. We also sincerely invite more merchants to join Douyin and Cao Cao Group Buying platforms...”
Ah Li and the others, who were still listening with interest, saw their expressions change drastically.
"Damn."
Wang Lei clenched his fists tightly, looking at Mr. Chen who was talking and laughing freely on the stage, he wished he could die with him!
Too cruel!
Are you hungry? Now that you are surviving, you rely on Ahri’s support.
Cao Cao, who already had a monopoly on group buying, now has the traffic support of Douyin. Isn’t this the rhythm of hanging up Are You Hungry?
Especially what Chen Dongcheng mentioned about exploring local life areas simply did not give Ahli any way to survive.
In the local life field, Ahli's development is extremely difficult.
It is undoubtedly a foolish dream to think of developing this field solely through Alipay.
But Douyin is different.
Users are likely to see an interesting video of a gourmet restaurant and be attracted to check in.
Merchants gain exposure, and Cao Cao's group buying gains new revenue growth channels.
A perfect closed-loop system is completely formed.
And what about Ahri?
How many users will check out the merchants recommended on Alipay?
Dry pictures, how can a video be rich in content and attractive?
When merchants face such temptation, it doesn’t take much thinking to figure out how to make a choice.
Lao Ma's face was gloomy, obviously he understood the brilliance of this move, but Ahri couldn't resist it.
"This kid is really ruthless."
Lao Ma often sighed, thinking about the methods he used to suppress Pinduoduo, it seemed that being targeted by Chen Dongcheng was nothing new.
Isn't that what shopping malls are like, you mess with me and I'll mess with you.
It’s just that Lao Ma didn’t push Chen Dongcheng to death in e-commerce, but Chen Dongcheng pinched him to death in the area of local life.
After Chen Dongcheng finished speaking on the stage, his eyes met with Lao Ma's and he smiled.
"Yes, I am targeting you."
This is what Chen Dongcheng meant.
Making jokes, mastering Douyin, and not hammering Ahri to death, is that his character?
As for how Lao Ma will respond, Chen Dongcheng is quite looking forward to it.