408. Competition continues

"Lily, what's wrong with you?"

Song Meng and the three of them, although they drank a little too much, their eyes were still good.

Seeing Su Lili's hair messy and the suspender sliding slightly, they were a little suspicious in their hearts, should the two of them go to the toilet?

They also heard about the mess in the nightclub toilets.

"Cut, don't think about it, the old lady went in and played by herself. ”

Su Lili sat down angrily and poured wine into the cup by herself.

She wondered why Chen Dongcheng was so determined, and she couldn't provoke him with all her might.

After Chen Dongcheng sat down, Song Meng posted it.

It's not that she is not confident in her boyfriend, it's Su Lili's vixen's appearance, and there are really few men who can withstand it.

Think about a girl with half-leaky clothes and good looks and figure, take the initiative to hook up with you, how many can you bear?

Unless he has enough strength, has seen countless big scenes, and is extremely determined, a man can control Kiel.

"Honey, did that vixen hook up with you just now?"

Chen Dongcheng took a sip of wine, suppressed the heat in his heart, glared at her angrily and said, "What do you say, don't hand over such a difficult matter to me next time." ”

"Hee-hee, don't I have faith in you? ”

Song Meng got a satisfactory answer, posted it in Chen Dongcheng's ear, and whispered a few words of shame.

The other two girls kept pestering Su Lili and asked her about the details of going out just now.

Su Lili's face was full of impatience: "Nothing happened to me and Mr. Chen, to be honest, I admire Mr. Chen, if I had replaced Zhao Rui, I guess I would have taken my sister to the toilet a long time ago." ”

Su Lili drank too much unexpectedly, and the reason for getting drunk is unclear.

When Zhao Rui came to pick up Su Lili, his face was a little ugly.

Whoever sees his girlfriend dressed in revealing clothes and drunk will not look good.

Chen Dongcheng arranged for Xie Jingyu to send the other two girls away, took Song Meng back to the hotel, and by the way, fulfilled all the content that Song Meng promised.

......

Song Meng has changed a lot in recent years, wearing a formal suit, she has the temperament of a female elite in the workplace.

The MBA of Peking University still has a certain gold content, and after the theory is completed, it must be used in practice.

Ideal International Building.

Inside the conference room.

Zhang Tao had already informed him in advance, and the executives present already knew in their hearts and understood some of the relationships between Song Meng and Chen Dongcheng.

"Ladies and gentlemen, I officially announce the appointment of Miss Song Meng as the Chief Recommendation Officer of the Black Pearl Guide, and will report directly to me in the future, everyone is welcome. ”

After Zhang Tao finished laughing, he took the lead in applauding.

The others followed, and Chen Dongcheng, who was sitting in the main seat, also applauded, looking at Song Meng with expectant eyes.

Song Meng got up and smiled at everyone, and then said: "Thank you very much to Dong Chen and Mr. Zhang for giving me this opportunity, I will prove myself with my results, and I will ask you to give me advice in the future." ”

Announcing Song Meng's resignation was only part of the meeting.

Zhang Tao nodded to Song Meng with a smile, and then reported: "Regarding the subsidy in the takeaway market, it has entered the point of being in full swing, and the three companies invest no less than 400 million yuan every month, what is this concept?"

"The $500 million in our Series A financing has not been spent at all, and we are actively looking for countermeasures. ”

"Fortunately, the acquisition of Mobike, a magnesium team, has seriously dragged down their finances, and this is a good opportunity for us to catch up with them. ”

The rapid development of the takeaway market is largely related to the three of them.

Many people who didn't pay attention to takeaway heard that ordering a KFC set meal of more than 30 yuan could be eaten for more than a dozen yuan after the subsidy, and they were immediately attracted.

In addition, the magnesium group has WeChat diversion, Eleme has Alipay diversion, and Cao Cao takeaway has Cao Cao payment and Douyin diversion.

The strength of the three is on one front.

The remaining relatively small platform can only occupy a very small share, looking up to the three giants fighting each other.

Subsidize riders, subsidize users, subsidize merchants......

The commission is 0 and the only profit is some promotion fees.

During this period, whether it is a merchant or a user, or a rider, they are all caught in a carnival period.

They wish that these three families would fight more and more fiercely, so that they could get more lasting subsidies.

"I talked to Mr. Peng that Yuansheng Capital supports us unconditionally, and they are raising a new phase of the fund, which may inject us a second time. ”

Zhang Tao looked at Chen Dongcheng again: "Chairman Chen, can Donghua Fund invest a sum of money in us?"

The Internet burns money too fast, especially in the field of food delivery, which is purely matured by capital.

Everyone knows a truth, whoever can survive to the end can grasp the initiative and start to counterattack merchants and users.

Chen Dongcheng knows better that the takeaway business is the core of the magnesium group.

If funds are not given, the volume of magnesium clusters can still be supported for a while.

Once the magnesium group completes a new round of financing, it will be supported until it is listed in Hong Kong.

Cao Cao's chances of wanting to kill the other party are even slimmer.

"Then start the B round of financing, Cao Cao Holdings invested 300 million US dollars, Donghua Fund invested 200 million US dollars, and the valuation was calculated according to 10 billion US dollars. ”

Zhang's heart is pounding, and he has never managed a company with a $10 billion valuation.

Previously, Dianping, at its peak, was only $4 billion.

As soon as Cao Cao Dianping was established, it had already surpassed Dianping and won a valuation of 5 billion US dollars.

Now this valuation has been directly doubled!

Valuation is a thing that depends entirely on how investors look at it.

As long as investors are willing to take shares at this valuation, who cares if this valuation is unreasonable.

In addition to a high valuation, how much money you can get is also important.

Otherwise, it is pure nonsense to invest only 10 million, but to offer such a high valuation.

For Internet companies, the more funds they have in their accounts, the more reliable they will be.

Chen Dongcheng said in a serious tone: "This fund will arrive as soon as possible, I heard that Wang Xing is contacting investors everywhere, planning to conduct a final round of financing before listing, and must not make them feel better during this time period." ”

The positioning of the two companies and their businesses almost completely overlap.

The scene of your life and death will inevitably exist for a long time, and you must not give the opponent a chance to breathe.

After Zhang Tao dismissed the meeting, he instructed Wang Rui, the director of public relations, to announce the news to the public.

Cao Cao Dianping completed the B round of financing, and the valuation also received 10 billion US dollars.

The signal revealed made the magnesium mass sit on pins and needles.

There are also many employees within them who question Wang Xing's decision to buy Mobike.

In order to acquire Mobike, the magnesium group did not just come up with $1.26 billion in cash.

Every month, no less than 400 million is invested in Mobike.

When encountering Dai Wei, who has not completely extinguished the flames, ofo really wants to fight to the death with Mobike.

In addition, there is also a Harrow bicycle supported by Ahri to enter the game strongly.

Relying on the deposit-free gameplay and Alipay's diversion, it has attracted a large number of users to register for riding.

Didi is also a great investor in Qingju Bicycles.

The money burned on the bike-sharing track is really not much worse than takeaway.

In order to maintain Mobike's market share, the magnesium group throws no less than 15 million dollars into Mobike every day.

After a month, another 400 million funds were burned.

And the sales of the takeaway business account for 45% of the overall sales of the magnesium group, how can Wang Xing give up easily?

In the online car-hailing business, magnesium group is only a preliminary test of the water.

Not to mention the burning of 300 million, the evaluation of online users is not good.

In the early stage, various positioning was inaccurate, the driver canceled the order halfway, and the comments of additional charges were not uncommon.

After testing Didi's bottom line under the subsidy of Jianye, the magnesium group continued to stabilize its existing business.

One reason is that the magnesium group is about to go public, and it is not appropriate to play with Didi, which has no listing pressure, and the other is the lack of qualifications.

It sounds a bit ridiculous, but that's it.

The magnesium group only obtained the online car-hailing business qualification in Jianye area.

As long as they dare to launch online ride-hailing services in other cities, Didi's legal department will be able to kill the magnesium group.

The business of magnesium group is good, and it is called no boundary.

It's not nice to say, they stop and die.

If you want to get a higher valuation, you have to keep doing other things.

Any business that can be mixed up, magnesium group dares to go in to explore the risk.

Whether you lose money or not, at least make the plate bigger first.

......

Wangjing.

Magnesium Regiment Headquarters.

It's past nine o'clock in the evening, and the office building is still brightly lit.

Working overtime in a large Internet factory, all kinds of 996, everyone has become commonplace.

Especially in a company like magnesium group, which is always tight, it is normal for employees to work overtime.

As a result, many seniors who worked in the magnesium group heard that the juniors had the idea of coming to the magnesium group, and hurriedly persuaded them.

It's not good to go anywhere, you have to come to magnesium balls.

"Mr. Wang, your coffee. ”

The secretary handed in the coffee and began to clean up the litter that was discarded in the office.

Wang Xing took a sip of coffee, took off his glasses, rubbed his already sour eyes, and made a gurgling sound.

"Go and call Mr. Wang and them to the conference room, and we'll have a meeting. ”

"Okay. ”

The secretary immediately stopped what he was doing and went out to call someone.

Wang Xing took a sip of coffee, then got up and walked to the floor-to-ceiling window, looking in the direction of the North Third Ring Road.

That direction is where Cao Cao's headquarters are located.

Many employees within the magnesium group are a little envious.

As soon as Cao Cao Dianping was established, he directly bought a square as his headquarters.

Look at them again, after so many years, they still rent office buildings everywhere.

The east is a piece of the west, and I don't know which year it is a head.

"Mr. Wang. ”

Wang Xing walked into the conference room, and everyone shouted in unison.

"Well, everyone has worked hard, mainly to say two things. ”

After Wang Xing sat down, he looked around the executives present.

"At present, we don't have much money left in our accounts, and the only profitable businesses are in-store and wine and tourism business.

But the combined sales of these businesses are just about to par with the food delivery business.

Not to mention that there is also a heavy loss of Mobike that is dragging us down. “

"So, we need to be prepared.

Until the next funding round is finalized, subsidies begin to decline as appropriate.

We need to refine our operations, and we can't just rely on subsidies to maintain our market share. ”

"In addition, I announced that the ride-hailing business will be temporarily suspended, and that the ride-hailing business will be suspended indefinitely until we go public and raise money. ”

"We're going to focus all our efforts on the takeaway catering business.

Takeaway, in particular, is our top priority. ”