Ignoring Jack Ma's dark look, Wang Xing became more and more excited as he spoke:

"Meituan and Xingyi Technology have reached a strategic cooperation, which has both advantages and disadvantages and a bright future."

"What Director Wang can provide us is not only financial support, but also resources and traffic, as well as strategic security."

"With Director Wang's investment, Meituan does not have to worry about the security of the underlying map like Baidu. Amap will give us the highest authority and waive the service fee for two years!"

"Through the strategic cooperation with Director Wang, Meituan can not only enjoy the first-level entrance to Changchao, but also the resources of Meiyou, Xingyi Video, Amap Navigation, and even Xingyi Mobile!"

"It will definitely develop rapidly, become bigger and stronger, break out of the battle of thousands of groups, and even become the number one group buying giant until it is listed on Nasdaq!"

Everyone nodded in agreement.

Xingyi Technology has too many resources, such as Changchao traffic, navigation, maps, Xingyi mobile phones, etc., which Meituan needs.

The cooperation with Xingyi Technology has no disadvantages and is indeed very good.

Wang Xing continued: "Of course, if we reject Xingyi Technology's strategic investment, our competitors will laugh out loud."

"They will beg for investment from Xingyi Technology. By then, competitors will have the funds and resources of Xingyi Technology, the traffic entrance of Changchao, and the advertising support of Xingyi Video, and they will be able to quickly become bigger and stronger and crush them.

Even killing us, Meituan, would be Meituan’s nightmare!”

"Presumably none of the directors would like to see such a situation, right?"

Everyone shook their heads.

"So, today I propose to introduce Xingyi Technology Investment! The voting will begin below. Shareholders who agree, please raise your hands!"

With that said, Wang Xing raised his hand first.

Then the founding team raised their hands without hesitation. They were all close partners of Wang Xing, so they naturally looked up to Wang Xing.

Niu Fengnian, director of Sequoia Capital, smiled heartily: "Introducing Xingyi Technology is a very wise choice, and Sequoia supports it 100%!"

He also raised his hand as he spoke.

For a moment, Jack Ma was the only one left in the whole room who was indifferent.

Wang Xing looked at Jack Ma at the end: "Dr. Ma, are you opposed to the introduction of investment from Xingyi Technology?"

The corner of Jackma's mouth twitched: "I don't object to it, does it make sense?"

Meituan’s AB share structure will definitely pass if it has the support of Wang Xing and the original team. All other shareholders’ objections will be in vain.

To put it bluntly, this vote is just a formality, just to notify Jack Ma.

"It's really meaningless." Wang Xing smiled slightly and said bluntly:

"Now I officially announce that the board of directors has overwhelmingly passed the resolution to introduce Xingyi Technology Investment!"

"I will complete the follow-up contract with Xingyi Technology as soon as possible, so that Meituan can enjoy the strategic resources of Xingyi Technology as soon as possible and develop rapidly!"

"Wow!

Thunderous applause shook the entire conference room, and everyone was in high spirits, except Jack Ma.

Niu Fengnian from Sequoia Capital even smiled and extended his hand: "Congratulations to Director Wang, with the investment and support of Xingyi Technology, Meituan has a bright future!"

Wang Xing said with a smile: "We are all happy, let's work together to become bigger and stronger! Meituan will never let down any investor!"

Niu Fengnian was in a good mood: "Work together to become bigger and stronger!"

Everyone in the room was in high spirits, except Jackma, who had a gloomy face and left the room.

He knew that after Wang Yi took a stake in Meituan, Alibaba’s plan to annex Meituan was completely put on hold.

Originally, he was waiting for Meituan to fall into desperation in the Thousand Regiments War, but Ali would add insult to injury, collect the corpses, and annex Meituan!

But now that Wang Yi has entered the game, Meituan is in a desperate situation, and the hope of annexing Meituan has become extremely slim.

Outside the house, the cold wind of the twelfth lunar month blew against his face, and Jack Ma sneezed.

I can't help but feel that this winter seems to be a little colder than in previous years.

Seeing that Director Ma looked bad, the assistant said cautiously: "Chairman, should we continue to stay in the Imperial Capital, or go back directly?"

Ma Dong uttered two words: "Go back!"

The car started and headed straight to the airport.

Along the way, Jack Ma was frowning in thought.

Xingyi Technology invested in Meituan and became the largest shareholder, and Alibaba's plan completely went bankrupt.

Then Alibaba’s O2O local life layout can no longer rely on Meituan, and must find another way out!

Juhuasuan is also Alibaba’s group buying platform, but most of this group buying is online e-commerce group buying, not local life group buying like Meituan or Dianping.

As for the group buying business for local life, Alibaba also has it, through Koubei.com!

Koubei.com was established in 2004. It started as a second-hand housing company and later developed into a local life service platform, similar to Dianping.

In 2006, Alibaba invested in Koubei. In 2008, Alibaba acquired Koubei.com and merged with domestic Yahoo to form Yahoo Koubei.

However, this merger process has not yet been completed. In 2009, due to the big Taobao strategy, Word of Mouth was separated from Yahoo Word of Mouth and merged into Taobao.

It can be said that reputation is a stepping stone, and it can be moved wherever it is needed, but it has always been a supporting role and there is no good development at all.

But now, with no hope of annexing Meituan, Jackma decided to vigorously develop word-of-mouth!

Immediately made a call: "Separate the word-of-mouth business from Taobao and make it Ali's own local life. The goal... is to compete with Meituan and Dianping!"

"Yes!" the subordinate responded, understanding that the chairman was frustrated at Meituan and needed to start a counterattack and arrange decisively and quickly.

After being acquired, Koubei.com began its third spin-off and adjustment within three years. However, this time, it was finally no longer merged into other platforms, but carried the banner as a separate 020 business unit.

…

As if he was afraid of long nights and many dreams, Meituan Wang Xing came to Wang Yi with the contract the next day.

Also coming with him was Niu Fengnian from Sequoia Capital.

"Director Wang, yesterday we held a board meeting to discuss the introduction of Xingyi Technology Investment. There were no surprises. One person abstained from voting and the others voted unanimously to approve it!"

Wang Xing is full of joy and looks ready to do something big.

“Then I wish Meituan will win half of the group buying platform and IPO as soon as possible!”

Wang Yi was not surprised. Other platforms could only give Meituan money, but what he gave Meituan was money + resources + traffic.

Anyone with brains would not refuse Wang Yi's investment.

"Thank you, Director Wang. I brought the investment contract this time for you to take a look at."

"good!"

Wang Yi called a lawyer to confirm that there were no problems with the contract, and the two parties formally signed the contract.

After the signing was completed, Wang Yi invested US$40 million in cash and traffic and services worth US$30 million in Meituan, totaling US$70 million, accounting for 32% of the shares, becoming the largest shareholder of Meituan!

Wang Yi smiled slightly: "For the investment of 40 million US dollars, I will notify the finance department and transfer it directly."

Meiyou International earns only US dollars, which is direct investment.

"The other 30 million in advertising and traffic can be put in place now. How to arrange it specifically, you have someone contact the promotion department of Xingyi Technology. You can decide whether it is Meiyou promotion or Xingyi video promotion."

"Okay!" Wang Yi was so cheerful, which surprised Wang Xing.

"As for the first-level entrance to Changchao, if you arrange for the Meituan technical department to connect with the Changchao development department, plus debugging, the Changchao 5 version will be launched in four days, and you will definitely not be able to catch up. You can wait for the Changchao 0 version after the year.

, launched together with Changchao Payment!”

Chat 5 version also has a major update and big move, which will be launched before the Spring Festival.

In such a short period of time, the Meituan portal still needs to be debugged and tested, and it is impossible to fix it.

Yesterday, Xingyi Technology officially obtained its payment license. Although it has developed a payment system before, it still needs debugging and testing.

In this way, coupled with the first-level entrance to Meituan, it will be just in time to launch version 0 after the year.

Wang Xing nodded: "No problem. In addition, Meituan will also fully access Changchao Payment."

"Okay." Wang Yi smiled, Wang Xing would come to trouble.

At present, Meituan has Alipay payment and UnionPay payment. Now that Wang Yi has invested, he will naturally have to access Changchao payment.

And it only needs to be connected to Changchao Payment, allowing Meituan and users to choose by themselves.

It’s not as domineering as Alibaba, which requires the cancellation of other payment channels and only retains the only Alipay payment!

Wang Xing is naturally happy to choose this kind of non-exclusive cooperation.

What's more, the first-level entrance to Meituan on Changchao 0 version is all paid by Changchao.

As for Meituan’s own payment...it’s still far away.

At the moment, Meituan is just a small group buying platform that can go bankrupt at any time. Naturally, the official will not grant a payment license, and there is no chance of applying for it.

After all, there are more than 6,000 group buying platforms like Meituan, and more than 4,000 of them have died.

JD.com has not even applied for a payment license, and Meituan is even less likely to do so.

"By the way, Director Wang, this is Niu Fengnian, the director of Sequoia. I heard that I came to see you, so I wanted to pay a visit."

Niu Fengnian quickly stretched out his hand: "Hello, Mr. Wang, I have long admired your name!"

"Hello." Wang Yi smiled and shook hands with the other party: "It's lunch time, let's find a place and chat while eating!"

"This couldn't be better!" Niu Fengnian and Wang Xing were in a good mood.

"Come to Xingyi Technology today, I'll be the host, let's go!"

Wang Yi waved his hand and arranged for a car to take Wang Xing and Niu Fengnian straight to the hotel.

The three major shareholders of Meituan officially held their first private gathering.

The atmosphere is harmonious as you push cups and change cups.

After a few glasses of wine, Wang Xing began to spit: "Director Wang, you don't know, those group buying platforms are so cruel and they burn money like crazy."

"Made, at first millions were burned, then tens of millions were burned. Now it's crazy, hundreds of millions are burned, it's crazy."

"So much so that the entire group buying market is a money-burning war and vicious competition. Not to mention making money, we are losing money every day. It's so miserable!"

Looking at Wang Xing's big head, Wang Yi couldn't help but laugh: "That's why Xingyi Technology is too lazy to go out personally. However, Meituan has persisted until now and is about to make its mark."

Wang Xing's eyes lit up: "Director Wang, do you mean that the money-burning war is almost over?"

Wang Yi nodded: "This year is the year of clearing out the market. It is estimated that in the second half of the year, or at the end of the year, there will only be a few dozen of the more than 6,000 group buying platforms left."

"Next year, 2013, will be the final round. Those dozens of money-burning platforms will have no money to spare next year. There are only two ways out, either to successfully go public or die."

"But unfortunately, it is difficult to go public with serious losses, so there is only one ending: death! If you are lucky, it will be acquired at a low price."

"In the end, only three or four families will survive until the next year!"

Wang Yi sighed: "This is a protracted war that will start in two or three years. Meituan should not burn money aggressively. It does not mean not to burn money, but it cannot be radical. It must burn steadily, work steadily, and laugh until the end."

Get the best."

Wang Xing nodded: "I will keep in mind what Director Wang said. Burning money like crazy is fun for a while, but when you run out of money, you will be left with nothing but chicken feathers. On the contrary, you can only build a strong team and win a stable market.

That’s the foundation.”

Wang Yi agreed very much: "Your idea is right, and another reason why Meituan doesn't have to spend crazy money is the Changchao entrance! In one year, the number of Changchao users can exceed 100 million, or even 500 million. This

This is Meituan’s unique advantage.”

Wang Xing was in a good mood: "Meituan has boarded the train of Changchao's rapid development, hahaha."

Then he asked: "Director Wang, what platforms do you think can survive until the next year? Can the four major group buying giants that are currently popular do it?"

Wang Yi shook his head: "These four companies are burning too much money, and there is little chance of surviving until the next year. As for who can persist to the end, Meituan has hope. The rest depends on who BAT invests in."

"They will all enter BAT?" Wang Xing was shocked.

He had to be afraid of BAT's strength.

Wang Yi nodded: "By the end of this year, when the melee in the first stage of the Thousand Regiments War is over, it will be the finals. BAT will definitely enter. Of course, there is also the possibility of entering early."

"For example, Alibaba, with Xingyi Technology's investment in Meituan, his plan to annex Meituan failed, and there is a high probability that he will launch his own group buying platform. I remember that he acquired a word-of-mouth website, which is for local life."

Wang Xing's expression changed drastically: "Yes, the probability is very high, so we have to guard against it."

"As for Baidu, Baidu Maps has become popular. He will definitely focus on local life and invest in one."

Wang Yi continued: "Tencent will also end, but it's hard to say when. After all, local life is not Goose Factory's main business."

The Thousand Regiments War in the previous life was almost over before Tencent realized it and invested in Dianping in 2014.

Although the move was late, the money was burned so hard that Meituan lost its temper.

In addition, Meituan betrayed Alibaba, merged with Dianping, and switched to Tencent, directly taking away all the fruits of Alibaba.

It can be said that in the field of local life, Ali really got up early and rushed to the late market.

The investment in Meituan even made a wedding dress for Goose Factory!

This is why Jack Ma wants to block Meituan like crazy, which is so painful!

But now with Wang Yi's action, everything has changed.

Wang Yi eloquently said: "Once BAT takes action, Meituan, Word of Mouth, Baidu, and the platform invested by Tencent will fight among the four parties, and that will be the final decisive battle!"

"..." Wang Xing's face changed drastically, and he felt bad: "Will he be so cruel in the future? I have endured six thousand group buying platforms, and finally have to fight BAT again? I..."

Wang Yi secretly laughed in his heart, 'Nonsense, it's precisely because the group buying market is so cruel that I'm too lazy to do it myself.'

Wang Yi patted Wang Xing on the shoulder and comforted: "It's okay. Meituan started early, which is also an advantage. As long as Meituan is steady and can capture 50% of the market share next year, even if all BAT ends, we are not afraid! Let's chat,

Amap and Xingyi Video will help you!"

"Okay, thank you, Director Wang."

Wang Yi's analysis made Wang Xing wake up from the drunkenness and frightened him.

Wang Xing felt excited when he learned that he would be competing with BAT at the same time next year. It was so exciting.

He made up his mind to hug Wang Yi's thigh tightly.

Without Wang Yi’s support, Meituan would not be able to defeat BAT!

"Don't worry, I can't bear it any longer, and I won't wait to die without saving him!" Wang Yixiao said.

This year Wang Yi is short of money. Next year, as his mobile phone and other businesses expand and his capital flow becomes abundant, he will just continue to invest more in Meituan.

The money invested in the past two years will increase by hundreds of times after Meituan is listed, and the profit will not be lost.

Wang Xing raised his glass: "Dr. Wang, with your words, I feel relieved. I respect you with this glass!"

"Dry!"

Later, Niu Fengnian also picked up his wine glass: "Director Wang, I also respect you. If you have good projects in the future, remember to bring Sequoia and let's invest together!"

"No problem!" Wang Yixiao said.

Some projects are too expensive, and Wang Yi won't invest in them all by himself. It's just right to have Sequoia help.

For example, Meituan will need to raise funds in the future, and the amount will be quite large. Wang Yi will provide part of it, and Sequoia and other institutions will share part.

The meal ended at around three o'clock in the afternoon. Wang Yi returned to Xingyi Science and Technology Park, smelling of alcohol.

Jian Ziyan quickly served the tea: "Dr. Wang, please cure the hangover."

Wang Yi took the tea: "Thank you."

Wang Yi saw the documents on the table and couldn't help but said: "Ziyan, do you have something to report?"

"Yes, but how about tomorrow?"

"It's okay, just say it. I haven't had enough wine yet."

"Okay, Chairman." Jian Ziyan nodded: "Today is the 16th, and the Spring Festival is on the 23rd. Time is a bit tight, so the annual meeting is too late. How about canceling it directly?"

Wang Yi thought for a while: "Time is tight this month. There is no time for a large-scale annual meeting with great fanfare. We will book a luxury hotel on the 20th, hold a small annual meeting, and then have a holiday. We will hold a large-scale annual meeting next year and invite the media

, the kind that invites celebrities, I just started this year, so I won’t bother.”

"Okay, Chairman."

"In addition, regardless of how many months they have been employed, year-end bonuses will be paid out as usual this year. You have the HR department calculate it and pay it out to everyone before the Chinese New Year. It must not be delayed until after the new year!"

"Okay, Chairman." Jian Ziyan was in a good mood. This is a good boss: "By the way, Chairman, the internal inspection you asked me to set up before secretly investigated Meiyou Technology and indeed found some problems.

"

"Some questions? It seems there are quite a few." Wang Yi became interested.

Jian Ziyan sighed: "It depends on the scale. Some problems are small and not too serious. For example, some middle and high-level people in Meiyou's marketing department received some kickbacks, but the amount was not large and their performance was outstanding. But there are

It’s very serious, it’s typical of making money but not doing anything.”

Wang Yi nodded: "It's pretty much what I thought."

It is unrealistic, really unrealistic, for an enterprise, especially the marketing department, to say that it is not corrupt at all.

After all, many expenses in the business department cannot be reimbursed, and they have to be paid in advance and then recovered through other methods.

In response to this, Wang Yi sighed: "Let's see, if you earn less than 100,000 yuan, have outstanding performance, and create profits of more than one million yuan. For the sake of outstanding performance, turn a blind eye."

If the water is clear, there will be no fish, and Wang Yi cannot kill them all.

"Those who earn 100,000 to 500,000 yuan, and those who create profits of more than 5 million yuan, give them a chance, hand over the money, and have their year-end bonus deducted, and no other responsibilities will be held."

"If you make money and your performance is not outstanding, we will have an interview, all the money will be recovered, the year-end bonus will be deducted, you will be fired, and you will never be used again."

"Anyone who earns more than 500,000 yuan, no matter who it is, will call the police, sue, and get paid! Don't even think about the year-end bonus. No matter how outstanding the performance is, it must be paid."

At present, the management of Meiyou Technology mostly earns a monthly salary of 10,000 to 30,000 yuan, and with year-end bonuses, the annual salary is between 150,000 and 500,000 yuan.

This was already very high in second-tier cities in 2011.

If you still mess around with such a high salary, then don't blame Wang Yi for being ruthless.

It is true that doing business requires special funds, so Wang Yi gave a quota of 100,000.

As long as the other party can earn more than 1 million for Meiyou and 100,000, Wang Yi will turn a blind eye. Business requires flexibility.

But if you make money but no profit, then sorry, you have to spit it out, have your year-end bonus deducted, or even be fired directly!

The amount is extremely large, and the money earned is more than the salary, so it will be sent directly!

Wang Yi just wanted to kill one person as a warning to others and clean them up thoroughly.

"Okay, Chairman, I'll make arrangements right now."

As for Xingyi Technology, it started later than Meiyou. Most of its business is program development, with salary + bonus, but there is not much profit to be made.

But it won’t be easy to say in the future, and we will have to conduct some secret inspections.

But with Meiyou's wave of beating the drum, those unscrupulous people from Xingyi Technology will also take action.

Early the next morning, the inspection department personnel had already set off from Xingyi Technology and went straight to Jeju Meiyu Technology Park to start dealing with the employees with problems.

Also present at Meiyou Technology were the economic investigators, who took away five high-level executives who had embezzled more than 500,000 yuan on the spot!

This scene made all other middle and high-level executives feel terrified.

Cooperate with the economic investigation and take him away directly, leaving absolutely no room for anything!

If you deal with it internally, you can also return the stolen goods, lay off employees, or even lose money. It's all easy to say, at least you don't have to go in.

But when it comes to the economic investigation level, it's not just an economic issue, it's a criminal case, and you have to stay in jail for several years.

Not to mention the future is ruined, life is over.

There is no way. Senior executives with an annual salary of 300,000 to 400,000 dare to embezzle 500,000, or even millions in the initial stage. There is no need to keep such worms around.

A major purge is in full swing in Meiyou Technology.

For a time, many high-level officials remained silent.

Employees who are free of corruption are in a good mood and are glad that they have kept the bottom line.

However, corrupt employees are on pins and needles, feeling anxious all day long.

Especially watching corrupt employees being talked to, fired, or even sent to work one after another, it feels really painful.

I am very worried that I will be next!

Many people begin to regret it, and it is better not to be greedy for this money.

After all, the salary at Meiyou Technology is already very high, and there are complete promotion channels, so you can get promotion and salary increase in a frank manner.

It's better now. One mistake will lead to eternal regret.

If it doesn't work well, your future will be ruined, or you may even end up in jail.

Song Sining was also very angry about this. She didn't expect so many moths to appear inside the pomelo!

He immediately became furious and issued an internal announcement: "Everyone with problems should immediately confess and return the stolen goods. They will be dealt with leniently according to the circumstances. If the amount is small and the circumstances are minor, they can forget about it. Once found out, they will be severely punished!"

As soon as this email came out, many people surrendered after a psychological struggle.

As a result, many cases that the inspection department failed to detect self-destructed.

The inspectorate was confused by this.

It can only be said that Song Sining played this skill very smoothly.

Wang Yi gave the pomelo to Song Sining, but these moths appeared. Song Sining was very angry and felt that she could not trust Wang Yi.

It can only be strictly investigated and punished.

In the evening, Song Sining called Wang Yi: "I'm sorry, Chairman, I was negligent. I didn't expect there to be so much corruption."

Wang Yi laughed dumbly: "It's okay, Si Ning, it's all normal. Meiyou is developing too fast, and various rules and regulations can't keep up. It's normal for them to take advantage of loopholes. What's more, if the water is clear, there will be no fish. There is no perfect world in this world.

It's clean. You've done a good job, don't feel guilty."

"Well, don't worry, I will find them all! From now on, we will standardize various systems, strictly guard against them, and plug those loopholes!"

Wang Yi nodded: "Okay. In fact, not many people have problems with Meiyou. They are all normal. There is no need to blame yourself."

"Yeah. I've tried my best to check them out in the past few days. Those who are greedy will be spit out and paid the price. Those who are not greedy and capable can be reused in the future."

"Okay, after dealing with the corruption matter, it's time to issue the year-end bonuses at the annual meeting. On the 20th, we will hold the annual meeting in the imperial capital. All the meritorious officials, middle-level and senior managers of Meiyou, as well as advanced individuals and representatives of ordinary employees, will come together. No one will be there tonight.

I’m too drunk to come back. I have a holiday on the 21st and will go back to Jeju.”

"Okay, Chairman."

Until the end of the call, Song Sining was filled with emotions.

This year has passed like a dream.

"I'm supposed to be a junior in college, so why did I become President Song of Meiyou Technology?"

It seemed that ever since that boy broke into her world, her originally peaceful life had become turbulent.

"But this feeling is quite good, especially with him here. It's really good."

The only troublesome thing is that the love affair with Wang Yi cannot be exposed and can only be hidden underground.

Otherwise, Xingyi Technology and Meiyou Technology will become mom-and-pop shops, which will be very bad for the future development of the company.

"But it's okay. As long as we can always be together, that's fine."

"Company is the longest confession of love." Song Sining smiled sweetly.

That night, one piece of news hit the hot search:

[Xingyi Technology strategically invested US$70 million in Meituan and became the largest shareholder!]

[With US$70 million, Xingyi Technology bets on the group buying market!]

[With Sequoia and Alibaba in the front, and Xingyi Technology in the back, Meituan is destined to stand out in the battle of thousands of groups.]

As soon as these news came out, Meituan’s popularity skyrocketed.

Meituan, which has been established for more than a year, is actually not well-known and has a low market share. It cannot even be counted among the four major group buying platforms.

But because of Xingyi Technology’s investment, it quickly became a hot search topic and its popularity skyrocketed.

There is no way, the most popular thing in the Internet circle right now is Xingyi Technology.

The companies invested by Xingyi Technology also have promising futures.

For example, BYD and Goertek have doubled their market value after investing in Xingyi Technology!

Although Meituan has not yet been listed, it is valued by Xingyi Technology, and many users feel that Meituan has a future.

Especially with the current thousands of group buying wars, users are spoiled for choice and don’t know which group buying platform to choose.

But now, because of Xingyi Technology’s investment, many people are subconsciously optimistic about Meituan!

As a result, the number of users and revenue of Meituan began to surge.

()
Chapter completed!