Chapter 857: Chapter 550: A Frightening Number (Part 2)
After hesitating for a mont, he decided to make another call.
This ti, the call went through.
But he didn’t even have ti to speak before hearing Zhang Tao on the other end say, “I’m busy with sothing right now, let’s talk later, I’ll call you back.”
“Beep beep beep beep…”
—Hung up.
Long Wei again: “…”
What! You! I… damn!
During the eting at Ele, his first impression of Cheng Zhu was quite ordinary; he seed very handso and tall, unlike us entrepreneurs.
Even the handso Chen Ou in the entrepreneurial circle was quite inferior to him.
Other than that, he didn’t show much in the eting, very composed.
All this seed unrelated to the “strange” word Zhang Tao kept ntioning!
But now he’s indirectly feeling the peculiarity of this young man!
“Is he brainwashing Zhang Tao?”
“He won’t even take my calls!?”
Co on, this isn’t working hours, I’ve called three tis in a row, it must be sothing important, definitely not trivial!
Can he just push it back a bit?
What are they discussing!
Long Wei almost wanted to drive over and listen.
In the end, he chose to send a WeChat ssage.
Once this is done, Zhang Tao will see the data as long as he checks his phone.
“Our user overlap rate with ituan is 18.36%.” Long Wei began to stir things up.
After sending, he spread out his hands, arms resting on the sofa cushions, and crossed his legs.
“However uncanny you are, I’ll directly dispel the spell on Zhang Tao!”
Inside the restaurant’s private room, Zhang Tao’s phone vibrated slightly, but he didn’t even glance at it.
The three were still deep in conversation.
“Actually, your speculation can’t be confird yet, but it’s possible, as it makes complete sense.” Zhang Tao affird Cheng Zhu.
Zhang Xuhao tily asked, “What did Boss Bao say that day?”
“Boss Bao? What’s he supposed to say!” Zhang Tao smiled wryly and said, “He’s from a macroeconomic perspective, talking to us about the awkward situation of the current group-buying companies!”
“You need to know what it ans when these words co from Bao Fan’s mouth!”
“Among the top 20 new economic companies in China, Huaxing Capital, led by Bao Fan, serves as an advisor to 15!”
“There are only a handful that can be called Unicorn Companies, and the ones he’s in charge of account for over 50% of the total market value of Unicorn Companies in the country!”
Zhang Tao, emboldened by the alcohol, grew increasingly lancholic: “He says group-buying’s in an awkward situation, so group-buying is awkward!”
Such capital circle’s top-level tycoon, if he speaks unfavorably about an industry, capital within the circle will follow suit with skepticism!
Even those with ideas would beco hesitant!
Just because he’s the boss of Huaxing Capital, just because he’s Bao Fan!
Moreover, he’s not shooting aimlessly.
Isn’t Taozi aware of the reality of group-buying?
The Thousand-group War era was nothing but false prosperity!
Zhang Xuhao and Cheng Zhu exchanged a glance, and it was up to him to continue probing.
“But if there is a rger, given the current situation of Dianping and ituan, it would definitely be ituan-led.”
“Has Boss Bao, the ‘King of rgers and Acquisitions’, ntioned any details?” he asked.
Zhang Tao shook his head.
He continued to smile wryly, “That day, Wang Xin and I sat together, talking extensively about the future of the group-buying market, and discussed the money-burning experiences over the years. We were almost hugging and crying!”
Truth be told, Brother Tao had a mont of humor.
While Cheng Zhu listened beside him, he thought to himself, “No wonder I heard so news in my previous life; when Bao Fan arranged the eting back then, he brought Wang Xin and Zhang Tao to tears. They reviewed their money-burning experiences, shedding tears one by one on the spot.”
Seems you were just having fun with humor, and it spread?
Brother Tao poured himself more wine, openly saying while pouring, “If there really is a rger, it probably won’t be easy to negotiate. I estimate Wang Xin’s bottom line is a 60–40 split with , him 60, 40.”
“After all, ituan’s market share and company valuation stand right there.”
After finishing, he couldn’t help but glance at Cheng Zhu again.
Honestly, during this period, [Dianping] and [Ele] can stand up like this, be so tough, all thanks to Cheng Zhu’s strong involvent…
“60–40 split, huh?” Zhang Xuhao ntioned in passing, then said no more.
He felt that figure is quite reasonable.
Honestly, even a 60–40 split might involve ituan making a small concession.
After all, [Dianping] only invested in [Ele] alongside its Tencent Daddy. [Ele] doesn’t belong to Dianping.
But ituan is different; ituan is far more extensively involved in the O2O industry.
Combined, ituan and Dianping’s market shares are nearly 2:1.
The two companies’ valuations are also $7 billion and $4 billion.
Actually, it’s quite disparate.
However, upon hearing this, Cheng Zhu didn’t find it remarkable.
Why does he find Wang Xin quite like a web novel protagonist?
It’s because this person is truly impressive, able to do the impossible for his ambition and aspirations!
ituan and Dianping’s rger, according to the normal trajectory in the past life, was in a 50–50 ratio!
This was shocking to everyone in the industry, completely unexpected.
It’s safe to say, Wang Xin made enormous concessions for control of the new company!
This ant that when Zhang Tao could cash out, he could take a huge sum; the numbers would be staggering!
But Wang Xin firmly believed that the concessions were temporary, rely small change.
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