Rebirth, you call this an honest man?

Chapter 94 Acquisition Negotiations (Seeking to Read Monthly Pass)

This is Wang Heng’s second time coming to Meituan. Previously, Meituan had copied Taobao and poached Taobao’s corners.

Wang Heng was afraid that Jack Ma would notice and affect Henghua Express, so he was split up.

At the time of the split, Meituan had only 5 people and rented an office building of more than 50 square meters.

Five people, including Quan Fulin, are programmers and are responsible for running the website.

There is no marketing department because the users of Meituan are Henghua Express and the merchants are the flower shop owners in the transfer order group.

As for catering, it was initially just a small measure to make it easier for Henghua Express employees to order food.

There is no finance, finance is directly supervised by the head office.

I haven’t been here for several months, and Wang Heng couldn’t even find the place this time he came.

The original 50-square-meter office has long been replaced by a residence of more than 500 square meters.

Nowadays, the company has a front desk, reception room, central office, computer room, marketing department office, finance department office, general manager office...

Wang Heng listened to Quan Fulin's explanation while watching the current Meituan. To be honest, Wang Heng admired Quan Fulin.

He is capable and ambitious. In his previous life, he might have been an executive of an Internet company, but Wang Heng didn't know it. Or maybe Quan Fulin didn't find a suitable job or a platform for him to display his abilities in his previous life.

Wang Heng once heard a saying that in many cases, platform is more important than ability, especially after Tengxin and Ahri became overlords.

The future of some capable entrepreneurs is basically blocked by these two companies, which is a typical platform that forces their ability to death.

After Quan Fulin finished explaining, Wang Heng said, "So now Meituan cannot do without the flower sales of Zheshang Flower Shop. As long as Zheshang Flower Shop withdraws, Meituan may not be able to continue operating."

Quan Fulin smiled bitterly and said, "Yes, the boss, Zheshang Flower Company, ships about 1 million per day in Meituan, accounting for 90% of the daily sales on our platform. Without flowers, we rely on other income and employee wages.

It’s not even enough.”

"Are they only willing to offer 10 million?" With 1 million registered users, selling for 100 million is still enough, but no matter how stupid Wang Heng is, he will not agree to 10 million.

Quan Fulin sighed, "Our Meituan operation model is transparent. As long as they strangle the upstream, there is nothing we can do."

Meituan doesn’t have much liquidity at all now. In the past, because it was supported by Henghua Express, Quan Fulin basically spent whatever he had, so that Meituan could develop and grow rapidly.

Now that we are being strangled, Meituan will not be able to continue operating in less than a month.

Moreover, Wang Heng has no money to support Meituan. The money he paid for selling Henghua Express belongs to Hengda Group. If it is distributed to his private hands, he will have to pay taxes, so he does not receive dividends at all, but continues to invest.

Half is invested in Tencent stocks and half is invested in Pinxixi. The group company has no more than 2 million working capital.

This small amount of money is needed to support some office expenses of three shell companies: Hengda Media, Cardamom Cosmetics Company, and Hengda Group (you don’t have to spend money on your own office, water and electricity bills and the salaries of three front desks)

He is also responsible for Wang Heng's expenses and loan repayments. Although Pin Xixi has money, after separate financing, Pin Xixi belongs to a collective company. Wang Heng can no longer reimburse any money as before.

So although Pin Xixi is rich, Wang Heng is very poor, and he can't afford to support Meituan.

And Pin Xixi has no responsibility to support Meituan. Unless Pin Xixi acquires Meituan, Wang Heng would not care if it were the previous Meituan.

The current Meituan seems to coincide with the development rules of Meituan that he saw in his previous life. It has turned a corner and entered the group buying market.

However, the group buying market is a big pit. Wang Heng vaguely remembers a thousand-group war.

It seems that there are thousands of group buying companies, raising money and burning money, and engaged in a "thousand group war" that lasted for several months. Meituan is equivalent to fighting out of thousands of troops.

In fact, the group buying model of Meituan.com is quite crude and only requires a few programmers to modify it at will.

Wang Heng’s Meituan.com’s entry into the group buying market was actually driven by catering.

In the early days, the restaurant owner wanted to save the time of running around to deliver food, so he told the employees of Henghua Express that if they ordered together, they would get a group price.

This model was then used by KTV, cinemas, and other places. Quan Fulin changed the version of Meituan after seeing it. This is not how Quan Fulin had the upper hand.

The Meituan that Wang Heng worked for in his previous life was actually modeled after the United States and was not his own innovation...

Groupor, a group-buying website in Meili, was founded in November 2008 and had 1.8 million users at the end of 2009.

Groupor has been profitable since June 2009, half a year after its founding. In 2010, its annual operating income reached US$760 million.

This information was called the craziest Internet company in the history of the United States by the New York Times, surpassing Facebook and Google, and then became famous all over the world.

Since the production of Groupor is very rough, it only costs a few dollars to build such a website, and this model can also be easily copied.

Since then, group buying websites have become popular all over the world, and domestic group buying websites have sprung up like mushrooms after a rain. In less than a year, they have developed into thousands and are quickly filling every corner of people's lives.

So whether it's QQ, Taobao, or Meituan, they actually don't have much technical content. They can find a few smart programmers to do it in minutes.

The only reason for their success is that their users have become large.

This is also the reason why Zhejiang Flower Shop forced Quan Fulin. In fact, they were not interested in the website Meituan.com.

What they are looking for is the 1 million local Hangzhou users on Meituan.com, and this is what they bought for 10 million.

Re-create Meituan and then let the flower shop transfer it to their website. It will be effortless for them.

Wang Heng has no confidence in Meituan because of the Thousand Regiments War and the financial crisis. If he is small, he will be used as cannon fodder in the Thousand Regiments War. If he is big, he is afraid that he will not be able to survive the financial crisis.

The most important thing is that Wang Heng has no idea how Meituan Group Buying develops. He is familiar with Meituan Food Delivery, so his current purpose is to sell Meituan at a high price.

In his mind, the domain name Meituan is worth at least 5 million, and 1 million users is worth 100 million, so the minimum sum of 110 million is the price in his mind, and 10 million is not even a tenth of it.

, then it definitely cannot be sold!

At two o'clock in the afternoon, people from Zheshang Investment Company came to Meituan. They happened to be the same people who bought Henghua Express last time.

At this time, they suddenly realized when they saw Wang Heng, and they all said:

"Mr. Wang, you are being unreasonable. Meituan is originally a supporting company of Henghua Express. Why didn't you tell us when we acquired Henghua Express?"

"You are selling two goods for one thing!"

"You actually divested Henghua Express's supporting enterprises and then sold them to us. Do you think we are the ones who blame us?"

Wang Heng did not let the negotiation company come this time. When these people saw it, they immediately took over the position and wanted to bully Wang Heng so that they could acquire Meituan.

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