Reborn in 2011, 985 missing from two copies

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 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."

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

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

"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!"

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

For a moment, only Jack Ma remained indifferent in the whole room.

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

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

"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?"

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.

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

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

The car started and headed straight to the airport.

To put it bluntly, this vote is just a formality, just to notify 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!"

"Wow!

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

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

Then the founding team raised their hands without hesitation. They are all close partners of Wang Xing, so they naturally follow Wang Xing's lead.

The corner of Jackma's mouth twitched: "I don't object to it. Does that make sense?"

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

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

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

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

He also raised his hand.

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

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

Along the way, Jack Ma was frowning in thought.

It can be said that word of mouth 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.

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

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!"

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.

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

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.

Originally, he was waiting for Meituan to fall into desperation in the Thousand Regiments War, but Ali added insult to injury, took action to collect the corpses, and annexed 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.

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 and Dianping.

Everyone shook their heads.

Ma Dong uttered two words: "Go back!"

With that said, Wang Xing raised his hand first.

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

……

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, the board of directors was held yesterday to discuss the introduction of Xingyi Technology Investment. There were no surprises. One vote abstained and the others unanimously approved!"

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 is not surprised. Other platforms can only give Meituan money, but what he gives is money + resources + traffic.

Anyone with a brain 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."

"it is good!"

Wang Yi called a lawyer to confirm that there was no problem with the contract and the two parties formally signed the contract.

After the signing was completed, Wang Yi invested US$4000 million in cash and US$3000 million worth of traffic and services in Meituan, totaling US$7000 million, accounting for 26.32% of the shares, becoming the largest shareholder of Meituan!

Wang Yi smiled slightly: "For the investment of 4000 million US dollars, I will notify the finance department and transfer it directly."

Meiyou International earns US dollars, which is direct investment.

"Another 3000 million in advertising and traffic can be put in place now. How to arrange the specific arrangements, you have someone contact the promotion department of Xingyi Technology. Take a look and decide whether it is Meiyou promotion or Xingyi video promotion."