At the beginning of 2008, many major events occurred, starting with the southern blizzard, which affected more than 10 provinces.

Later, there was the "XX Gate" incident on Hong Kong Island, and several promising stars fell, which caused heated discussions on the Internet.

But in the Internet industry, what attracts the most attention from practitioners and bigwigs from all walks of life is not the birth of the new e-commerce model of "group buying".

Lu's "Meituan", because there were many businesses online at the beginning of its birth, and the discount was large enough, and it won a good start in an instant.

Within a month, there were more than 500,000 registered users, more than 800,000 transactions, and more than 27 million transactions.

And the total population of Jinling City is less than 10 million!

Although Lu Yan did not release specific data to the public, he couldn't escape the investigation of those who cared about it.

It is really because the Internet business model of "group buying" is the first in China in this time and space. As for other Internet companies, many started with plagiarism.

One of the best companies, Penguin Company, was even ridiculed as "it may be late, but it will never be absent"!

For a time, the word "group buying" has become the most frequent word among Internet entrepreneurs and investors.

At this moment, Wang Xuan, who originally founded "Meituan", is still working the road of entrepreneurship.

He is Hu Jianren, his family is superior, he is a rich second generation, he was escorted to Huaqing in high school, and went to the United States to study after graduation.

At the beginning of 2004, at the age of 25, he interrupted his doctoral studies in the Department of Electrical and Computer Engineering at the University of Delaware and returned to China from the United States to start his own business.

first made two small projects unsuccessful, and then made a popular post-80s school intranet.

After the number of intranet users skyrocketed in 06, he had no money to increase servers and bandwidth, and finally sold the intranet to Chen Yizhou, CEO of Thousand Oaks Interactive Group.

The latter raised $430 million from Japan's SoftBank, and changed the school's intranet to Renren.com, so that at that time, it was rumored that the website was sold to the Japanese Benzene, and everyone should stop using it.

Not long after selling the school, Wang Xuan immediately created Fanfu with reference to Twitter.

The original Fanfu network was very popular, and it was called the ancestor of domestic Weibo.

But it began in July 09 and was closed for more than 500 days. By the time it recovers, the Weibo market will already be someone else's world!

Lao Wang became more and more courageous, and then founded Meituan, and after eight years of hard work, it was finally listed on the Hong Kong stock market, with a market value of more than 50 million Hong Kong dollars.

But at this moment, although he noticed the "group buying" model opened by Lu Yan, he was always hesitating when "Fanno.com" was launched.

And Wu Bo, who once founded Lashou.com, is also an old man in Internet entrepreneurship. He has participated in almost every innovation "outlet", and many of the companies he founded have achieved great results but cannot escape the curse of continuous operation.

From the perspective of entrepreneurship, all serial entrepreneurs in China have to respect Wu Bo as a teacher.

After graduating from the Department of Electronic Engineering of Huaqing University, he went to the United States to study and obtained a master's degree in computer science from Western Michigan University.

Then he applied for AMD, which was his first and only job. Then began the 20-year entrepreneurial journey.

Wu Bo has successively founded a number of projects including Yinglichi, WebDVD, and Focus.com. Most of these companies were sold to well-known companies, and each of them achieved very good results, full of the smell of making wedding dresses for people.

Lao Wu has a concept that if you can't be in the top five in the industry, you must consider transformation.

At the moment, TVix, a video-sharing platform, is being made.

It's a video search site that borrows the YouTube model, and it's doing relatively average, and many people haven't even heard of it.

At the beginning of 08, the boss of the video industry was Tudou.com, and there were a lot of websites such as Youku, 56, and Six Rooms.

TVix, not to mention the top five, the top ten are enough.

Wu Bo, who was having nowhere to use his strength, suddenly heard about the Meituan and group buying model founded by Lu Yan, and his eyes lit up instantly.

Regardless of the approaching New Year's Pass, the Spring Festival is imminent, so I bought a plane ticket and rushed to Jinling.

At the same time, Feng Xiaoyan, who graduated from Beijing University of Technology, founded Aika Automobile Network in 02, sold to CNET for 10 million US dollars in 07, and later founded the first group buying website Manzao Network in China, is also on the way to Jinling.

In other words, most of the entrepreneurs in the Internet industry and the successful ones who survive to the end are graduates of prestigious universities.

……

In Jinling, in a hotel in a shopping mall in Xinjiekou, Ma Yun and his assistant and bodyguards dined in a restaurant group purchase.

Ma Yun in 08 has already had the appearance of a later big man. Because Ahri was listed on the Hong Kong stock market on November 6, 2007.

Ahri opened HK$30 higher, more than double the HK$13.5 share price of its IPO. Investors who were interested in soaring shares further pushed the stock to close at HK$35.75 at midday, with a market capitalization of nearly HK$200 billion on the day.

It didn't take long for Ahri to climb to $25 billion in market capitalization, making it the world's fifth-largest internet company.

At this point, those who are not used to Ahri and Ma Yun seem to have no reason to doubt his "arrogant" words and deeds.

Comrade Ma Yun also has to make persistent efforts, although it is difficult for some small projects to arouse his interest again.

But group buying is different, this is the first independent innovation e-commerce model born in China, rather than copying foreign countries, which makes it very interesting.

In fact, Ahri first launched the group buying website "Juhuasuan" in September 10, and only made a Series B investment in Meituan with Sequoia Capital in July 11.

In short, in the field of Internet business, competition and cooperation coexist, but in general, the competition is still quite fierce and fierce.

After eating, Ma Yun beckoned to the waiter and said, "Pay!"

The waiter asked, "Are you using a group purchase ticket?"

Ma Yun nodded: "Yes!"

"We don't have alcohol in our group buys, you need to go to the cashier and pay for the beer!"

The assistant heard this, in fact, went to check out.

Ma Yun continued to ask: "Do you have a lot of group buying business here?"

The waiter was in a hurry to leave, so he only said, "It's much busier than before!" and hurried to the other tables.

Ma Yun went out with her bodyguard Li Tianjing, and said casually, "Group buying, it's really a good idea! Fortunately, it's not a physical group buy, otherwise it's a business with my Ahri!"

Li Tianjing is an honest and relatively silent person, he smiled and didn't answer, but his eyes kept observing the surroundings.

The assistant who followed up said, "Even if it wants to rob, it will never have a chance to win against Ahri!"

Ma Yun smiled: "The strength is a little smaller, but this model is too easy to copy, this Internet industry, I'm afraid it's going to be a lot of things!"

Out of the mall, the group got into the car and went directly to the business premises of Lu's Meituan.

Ma Yun's thinking is unrestrained and eclectic.

Although it is said that someone can investigate the market and learn about the latest business model, how can it be faster and clearer to talk to the founder!

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