Zhou Yujie refused: "This is not necessary. I will still follow up on the next round of Meituan's financing."

Wang Xing didn't seem to expect this answer, so he said: "Mr. Zhou, it doesn't make any sense to keep Meituan's shares in your hands. The voting rights of these stocks belong to me."

"Just treat it as an investment!" Zhou Yujie said without explaining too much, "Twenty or thirty million US dollars don't mean much to me. I think Meituan's shares may be more valuable in the future."

Although the threshold for group buying, online car-hailing and other fields is low, it refers to the early stage of market development. When this industry is monopolized, it will be very difficult for outsiders to seize this market. In the field of group buying, it is still difficult for them to shake Meituan's dominance. Later generations Dianping received full support from Tengxun, and Nuomi received support from Baidu, so they could only follow Meituan.

Not to mention that Meituan is now switching to takeout. Even if it cannot gain a monopoly position in the future, it is still very likely to have a certain share.

Another choice, when the competition with Meituan is fierce in the future, you can sell this share at a high price and then use the funds to burn money with Meituan. Wouldn't it be even more enjoyable?

Wang Xing frowned. The shareholding agreement signed by Meituan and Toutiao was to invest 5% of the shares, and the voting rights of this part of the shares belong to Wang Xing, who only enjoys economic benefits, but enjoys the right to pursue investment. As a protection for investors, once Wang Xing's team does not accept Toutiao's voting rights, then the 5% of the voting rights will be returned to Zhou Yujie.

The 5% voting right is more or less. Although it can be forced to dilute it, if Toutiao sells these stocks before this and these stocks are in the hands of some people, it will probably be even more troublesome.

Anyway, there is no right to vote. Wang Xing made a decision after a moment, nodded and said, "Okay, since that's the case, Meituan will accept joint investment from CITIC Bank, DST, Alibaba, SoftBank, and Hillhouse Capital this time, with a financing amount of US$300 million. At that time, I will send someone to notify Mr. Zhou."

"No problem." Zhou Yujie said with a smile.

.........

On the way back, the driver drove in front. After the sound barrier, Zhou Yujie and Lin Youde sat opposite him.

Lin Youde said: "Mr. Zhou, if you continue to burn money with Meituan, you have to expand at the same time. Today's preferred funds will probably not be supported for long."

Zhou Yujie looked at the night view outside and said, "It doesn't matter. At worst, just raise funds. I just need the right to vote."

What is important in the takeaway industry is not its own profit, but an important link in payment. If users use Today's Preferred, they will use Toutiao's payment. With a large number of users of payment, the profit is much higher than that of takeaway itself.

Therefore, as long as today's preferred market share can be expanded, financing is required when financing is to be raised.

Lin Youde continued: "Since we are preparing to fight with Meituan in the takeaway market, we should also unite all the allies that can be used. Although Meituan has controlled more than 50% of the market share in the group buying industry, there are still several companies with certain competitiveness. We can support these companies and counterattack the group buying field."

"Dianping?" Zhou Yujie said: "We have been working together before, but the effect seems to be average."

After the Battle of Yanjing, Zhu Wenbin and a vice president of Toutiao visited Dianping and negotiated a series of traffic diversion cooperation. However, no matter how good the traffic diversion effect is, Dianping must invest subsidies. But obviously, their top management has been struggling for a long time and has not made a decision.

The big reason why Meituan in later generations was able to win Dianping was Dianping's conservative strategy. In 2014, Tengxun invested 400 million US dollars and was willing to invest, but it was a bit too late at that time.

Lin Youde said: "Dianping's team has a bit conservative business strategy. I think we can cooperate with other group buying websites, such as Nuomi.com, a subsidiary of Renren.com, or 58 group buying," he said.

"Nuomi Net?" Zhou Yujie pondered in his heart.

People in later generations generally know that Nuomi.com belongs to Baidu. Baidu later entered the takeaway market, which was an expansion based on Nuomi.com, but in fact, the two had nothing to do with each other 13 years ago.

In 10 years, Renren's development encountered strong snipers from Weibo and fell into a vortex of traffic decline. In order to save himself, Renren's team has diversified, one of which was to establish Nuomi.com and enter the group buying business.

After the group buying crisis broke out, a large number of group buying websites went bankrupt, and Nuomi.com was also affected, but survived not because of how good his business was, but because he did not participate too much in burning money.

"Nuomi Net is..." I thought Zhou Yujie didn't know the background of Nuomi Net, but Lin Youde was blocked by Zhou Yujie just as he was about to introduce it.

"What do you think is how we acquire Nuomi.com?" Zhou Yujie slowly expressed his thoughts.

"Acquiring Nuomi.com?" Lin Youde was stunned for a moment, and then said: "Although Nuomi.com's market share is far less than that of Meituan, it also has its own foundation in the group buying field. If we acquire and cooperate with our takeaway business, it is indeed a good choice, but why is Nuomi.com?"

"Because Nuomi.com is the easiest to acquire, with our current situation, time is very precious, so don't waste time at will." Zhou Yujie said with a smile.

In addition to the easy acquisition, the most important thing is that Nuomi is the foundation of Baidu's own O2O business in later generations. If he acquires it first, it will more or less affect Baidu's progress in offline access. After all, there are actually not many group buying platforms on the market that Baidu can choose to acquire.

Since Meituan has entered the takeaway field, it is normal for Today Youxuan to enter the group buying field. After all, merchants and users are the same group of people, which is very convenient for transformation. At the same time, Nuomi.com has been operating for several years and has a large number of its own users and merchants, which can also nourish Today Youxuan in reverse.

Lin Youde said: "I understand. Sequoia Capital is the major shareholder of Renren.com. I think through them, the success rate of the transaction should be improved."

"This is even better. Sequoia Capital has it everywhere." Zhou Yujie smiled. Several famous mergers in later generations, Sequoia Capital is the guide because both of them have invested in...

Lin Youde smiled and said, "Meituan has also been invested by Sequoia Capital. If it can merge Meituan, it would be much easier."

"Stop dreaming. Wang Xing is impossible to be inferior to others." Zhou Yujie shook his head and said. Wang Xing defected to Teng Xun in later generations because Ali's desire to control himself was too strong.

Even after arriving at Tengxun, it was a little better in the early stage. After Meituan and Dianping merged and the takeaway market defeated Baidu Takeaway, Wang Xing began to forcibly promote his payment system, which also caused certain conflicts between the two parties. However, Meituan Payment entered the market too late and could not pose a threat to WeChat Pay, and both parties would be left alone.

Lin Youde smiled and said, "I just think about it."

Zhou Yujie said: "In addition to keeping up with Meituan's footsteps, we will follow the original plan and make every effort to stabilize the Yangtze River Delta region. As for the cities outside, Hankou City needs to gather resources to conquer, and other cities will operate at a normal speed. If you meet your peers, you will decide whether to concentrate on burning money to grab the market."

Lin Youde asked: "Hankou City? Mr. Zhou, do you want to attack Teng Xun's investment target?"

"Wrong." Zhou Yujie shrugged and smiled: "I am helping Teng Xun to get a controlling stake in the investment company earlier."

The two major Internet giants in later generations, Alibaba's business style is to like to swallow invested companies, such as Gaode, Youku, Ele.me, reputation, etc., and even Meituan almost got into the tiger's mouth. Tengxun's style is much better and he has no idea of ​​taking over its companies.

But it is still 12 years since now. Teng Xun, like a normal giant, wants to do everything. For example, on the shopping platform, Teng Xun has been copying JD's model, which has been delayed until 14 years. Finally, it was confirmed that he had missed the trend, so he had no choice but to give up and instead invest in JD to provide traffic support.

For companies with high-quality prospects in the field, any giant wants to swallow them. Even Zhou Yujie will have this idea. After all, investing in shares does not mean that these companies can be implemented according to your strategic plan. Alibaba's investment in Meituan is a lesson for the past.

Lin Youde nodded and said, "Okay, I will arrange for Toutiao to analyze the crowd in Hankou City and cooperate with the next plan of Today's Selection. However, there has not been a suitable ground promotion team there to cooperate. If we send people ourselves, it will take enough time to prepare."

Zhou Yujie thought for a while and said, "Meituan should have a complete team in Hankou, right? In terms of group buying?"

"Yes." Lin Youde understood and asked, "Will we dig Meituan's team?"

"When the money is in place, you can dig it up." Zhou Yujie smiled and said, "I think we can do this in the future and try our best to dig off-line members of Meituan. This is their advantage. We can completely use the money to smash them all over, or directly make them our partners. We will definitely make more money than we do at work."

......
Chapter completed!