In the early morning of September 12, 2006, Meituan held its first roadshow at the Hilton Hotel in New York, attracting many Wall Street celebrities, and the venue that was expected to be attended by 300 people was crowded with more than 500 investors.

According to the plan, after the New York stop, Meituan will also move to other cities in the United States for roadshows, and then to Hong Kong, Singapore and London. The presentation is expected to end on September 22, 2006, and will be priced in the evening, and will be listed on the New York Stock Exchange on the next business day, September 25, 2006, under the ticker symbol "MEIT".

According to Meituan's recent IPO offering price guidance range of $24 to $26 per share, the financing amount can reach up to $1.1 billion, which is expected to become the largest IPO of Tianchao Enterprises in the United States this year.

Most crucially, the school's intranet, which is also owned by Korn Ferry, is also expected to be on the Nasdaq in two or three months. In addition, Potato has just received a billion dollars in funding from Google, and Twitter is growing rapidly in the United States. Combined, these factors have made Wall Street investors interested in Meituan.

In the past, Celestial Empire companies were listed in the United States, and because investors did not know much about the situation of Celestial Empire, their valuations were always lower than that of American companies under the same circumstances. But this time Meituan is different, the number of international users of the American network is not less than that of the domestic one, and the most important thing is that many Americans are also using Meituan, which attracts everyone's interest even more.

At the roadshow, Zhou Benqiang and Wang Feng introduced Meituan to potential investors in a "domestic first and then abroad" approach. Potential investors at the scene also asked more than a dozen questions, covering Meituan's business model, its relationship with the Celestial Empire government (it seems that every Celestial Empire company goes public in the United States will be asked this question, and it seems that prejudice is not so easy to eliminate), and future business development plans.

According to Jiang Hui's request, Zhou Benqiang shouted for the first time the policy of "customers first, employees second, and investors third" of Guanghui Group, and stated that he would not sacrifice the company's long-term interests for short-term profits.

"I can see that Meituan will be a long-term winner," Mr. Zhou said.

The roadshow is roughly divided into five parts. 1. General Manager Zhou Benqiang elaborated on Meituan's market opportunities and business model; 2. Deputy General Manager Wang Feng demonstrated the achievements of Meituan; 3. Zhou Benqiang demonstrated Meituan's operational capabilities; 4. An Wei, Director of Development Department, shared Meituan's future growth strategy; 5. Finance Minister Liu Wu demonstrated the company's financial situation.

In the next few days, Zhou Benqiang and others went to Boston, Chicago, Los Angeles and other places for roadshows, and the relevant information was also widely concerned by the Internet circles at home and abroad.

……

Google.

"Is Jiang's company going public?".

"Yes, Meituan is the first company under the Korn Ferry Group to go public, and it is currently valued at about $5 billion."

"I've read the information of the Korn Kong Group, and it seems that Meituan's status in it is not very high."

"It's really not very high, but I think that's why they first took Meituan out to go public."

……

IDG。

"What was the response to Meituan's roadshow?".

"It's very popular, and I estimate that the issue price can be adjusted online. At present, we are the second largest shareholder of Meitu, with hundreds of millions of dollars invested and about 10 points of shares (IDG holds 30% of Meituan's shares in Tianchao, and after the reorganization of several Meituan branches, IDG's shares have also been diluted). At present, it is at least a dozen times the return."

"An investment project has earned 400 million US dollars, and Tianchao has done a good job."

"This is just the beginning, Meituan will be listed immediately after the school intranet, and it is expected that the IPO will be more than double the size of Meituan."

"The Celestial Empire is really still a very potential market."

……

Imperial University of Technology Flying Forum.

"Boss Jiang's company is going public."

"Is Meituan going to produce a group of local tyrants like Du Niang?"

"It's only been established for more than two years and it's been listed, which is amazing."

"Who knows how much it is valued now?".

"Three or four billion yuan."

"Meituan's position in the Guanghui Group should not be as good as that of companies such as the school's intranet, Guanghui Weibo and Guanghui Pay?

"I have a feeling that Jiang Hui will become the richest man in the Celestial Empire sooner or later."

"What is the richest man in the Celestial Empire, sooner or later he will be the richest man in the world, is it good".

……

Dream Band Group Chat.

"Sister Zhang, Meituan is about to go public."

"What does it have to do with you?".

"Xiao Lizi wants to know when YY live broadcast and Autohome will be launched, right?"

"Actually, I want to know, too."

"Am I going to be a billionaire too?".

"Billions, this requirement is too low, if YY Live, Qunar, and Autohome are all listed, who of us is worth less than one billion, I will find Jiang Hui to make up for you", Zhang Mengze said proudly.

"Now my parents don't dare to say that I don't do my job."

"Do you want to ask Jiang Hui?"

"What do you ask? In terms of vision, the sum of us is not as good as a finger from Jiang Hui. Let's just sit quietly and be a shareholder who doesn't make trouble."

"That's right, Jiang Hui will naturally arrange it, it's not good if we talk too much, and people won't take us to play when we go back."

……

There is a group network.

"Meituan's valuation has gone to $5 billion."

"I'm satisfied with a tenth of it on our website."

"Then this opportunity, let's take the initiative to contact VC, raise a sum of money to burn, and see if we can take advantage of this shareholder wind to cash out a part."

"Well, if Meituan raises so much money, there will definitely be a big move when it comes back, and the days of our small group buying sites are getting more and more difficult."

……

Du Niang News reported: Recently, Meituan, a leading Internet company in the Celestial Empire, launched a roadshow in the United States and plans to list on the NASDAQ on September 25. Meituan is the world's leading group buying website, which pioneered the new Internet model of group buying, and its business covers the Celestial Empire, the United States, island countries and other countries and regions......

……

Meituan.com employee communication area.

"Like a dream, I didn't expect the company to go public so soon."

"Envy of the predecessors who have options and shares".

"The last time Mr. Jiang came to inspect, he said that this year's year-end bonus will be issued to each person a stock."

"Really? How I don't know".

"Great, Mr. Jiang is mighty."

"Speaking of the company's financing of more than a billion dollars, what is so much money for?"

"This is the core strategy of the company, don't say you don't know, but if you do, who dares to talk here?"

"Anyway, being rich is certainly not a bad thing".

"With a market value of three or four billion yuan, we can be regarded as one of the top five Internet companies in the Celestial Empire, right?"

"If you only compare with companies that have been listed, it is estimated that it can rank fifth in market capitalization."

……

(End of chapter)