Lin Chen didn't expect Xu Maodong to be so easily amused; he turned off his phone after only a dozen or so calls.
There was no challenge at all.
He was originally planning to buy a call-bombing device on Taobao to play around with.
Wang Xing kept his word and transferred the two hundred million yuan, which he spent very happily.
The more humiliated they were when they were kicked out of Beijing, Shanghai, and Guangzhou, the more proud they are to return now.
Wu Bo was initially happy to take over Wowo Group's market share, but gradually he realized something was wrong. "Wang Xing, you're actually taking advantage of the situation!"
So Wu Bo called Lin Chen.
"Mr. Lin, why is Meituan also trying to grab market share?"
"Mr. Wu, with such a large market area now open, Wang Xing isn't blind, he'll definitely come and take a bite. Would you take a bite if you were in his shoes?"
Wu Bo thought about it and realized that it made sense. After all, Meituan had been keeping an eye on Lashou.com and Wowo.com, and such a big move couldn't have been kept from them.
"What can we do? Meituan seems to have come prepared; it has already captured a lot of the market."
"There's nothing I can do about it..."
"Mr. Lin, don't say anything more. I know the rules. I'll transfer 200 million yuan to you for consulting fees right now."
"Ahem, Mr. Wu, let me think about this... I've got it!"
"What? Mr. Lin, please tell me quickly. I've already asked the finance department to pay the consulting fee."
"Mr. Wu, think about it. Meituan has always been so poor. If it takes out so much money to take over WowoTuan's market, won't its second and third-tier markets become weak? Lashou.com should take this opportunity to steal its home base."
Wu Bo thought to himself, "That's right. Lashou.com will eventually dominate the second and third-tier markets. Why not take this opportunity to directly kill Meituan?"
Meituan: Are you being polite?
Moreover, thanks to Meituan's efforts in cultivating the market over this period, the group-buying environment in second- and third-tier cities has been established, so you can easily find ready-made deals now.
"Mr. Lin, you are truly a genius. I'll hang up now and go request a song called 'Chrysanthemum Remnants' for Wang Xing."
Lin Chen hung up the phone and curled the corners of his mouth into a smile.
And here comes another two hundred million! It's so awesome! And Wu Bo, Wu Bo, you trust me so much, I'm almost embarrassed to keep ripping you off...
Next, Lashou.com adopted an attitude of "we're rich, so we'll kill anyone who gets in our way."
In first-tier cities and above, Lashou will compete with Meituan for the market share that Wowo is gradually losing, with Lashou taking the lion's share and Meituan taking the smaller share.
To Meituan's surprise, Lashou.com also entered the fray in second- and third-tier cities, starting to vie for Meituan's market share.
Wang Xing finally lost his temper. "Wu Bo, you have no sportsmanship! You actually came to raid my base!"
However, Wang Xing didn't have much money to begin with. The market for Wowo Group required a lot of subsidies, and maintaining market share in second- and third-tier cities still required funds.
What should I do?
Meituan isn't like Lashou.com, which receives such favorable capital investment and can easily get tens of millions of dollars invested.
Wang Xing's hair thinned even more from all the thinking. In the end, he had no choice but to try to find Zhang Yiming's connections to see if Huasuan.com could raise Meituan's promotion coefficient again.
"Yiming, you have to help me this time. Meituan is under attack from all sides. If we can get through this period, we can achieve great success."
"Mr. Wang, it's not that I don't want to help you, it's just that this is against the rules. If I help you against the rules, I'll really be caught."
Wang Xing fell silent. Indeed, if Zhang Yiming helped him, and Lin Chen investigated, Zhang Yiming would be guilty of abusing his position and would have to go to jail for several years.
Who gets themselves into trouble by helping someone else?
Seeing that Wang Xing remained silent, Zhang Yiming tried to speak up, saying, "Mr. Wang, there is actually another way."
"What?"
"Do you remember when I asked you before whether you would accept our CEO Lin's investment?"
Wang Xing suddenly remembered this matter. Zhang Yiming had indeed come to him and asked him a question, but he had not agreed.
Now that Zhang Yiming brought up the old matter again, he suddenly became excited. Yes, if he accepted Lin Chen's investment at this time, he would not only have the money to defend his base in second- and third-tier cities, but also be able to take a larger share of WowoTuan's market by leveraging the connections of Huasuan.com.
It has so many benefits.
But after calming down, Wang Xing wondered if this was a trap set by Lin Chen. He then chuckled self-deprecatingly. Meituan wasn't an industry leader, so Lin Chen had no reason to set up such a far-reaching scheme. With that kind of experience, he might as well have set up a trap for Lashou.com.
So Wang Xing asked, "Is Mr. Lin still willing to invest in Meituan?"
"I can ask around for you, Mr. Wang. That's all I can do for you. I hope you can understand."
"Then I'll leave it to you."
Wang Xing hung up the phone and sighed. If he hadn't accepted Lin Chen's invitation to eat this cake back then...
But think about it, this possibility doesn't exist. How could anyone resist such a temptation? They work so hard to build Meituan, isn't it all for the purpose of making it bigger and stronger?
Now that the opportunity to grow bigger and stronger is right in front of me, how could I possibly hesitate?
Zhang Yiming reported this matter to Lin Chen, who replied, "Mr. Zhang, it seems that investing in Meituan isn't very valuable at this time. Let me think about it."
Zhang Yiming also knew that Meituan was already on the verge of bankruptcy. If Lashou.com increased its subsidies in third- and fourth-tier cities, it would be even more devastating.
Meituan's stronghold in third- and fourth-tier cities would be completely wiped out in an instant. Even if Meituan were to take over a portion of WowoTuan's market share in major cities, it would still be a losing proposition.
Once Lashou.com has integrated all the resources, how could Meituan possibly remain on the market? That would be the time when Meituan would perish.
So it really is as Lin Chen said, the investment value is not much.
Actually, Lin Chen wasn't unwilling to invest; he just planned to wait a little longer.
If he invests now, Wang Xing will only give up a portion of his shares, so he won't become a major shareholder of Meituan. It's pointless. He can wait until Meituan is in a worse situation and then make his move, spending less money to get more shares. Why not?
This is the business world: one second they're calling you brother, the next they'll stab you in the back without hesitation.
Wu Bo was overjoyed. Listening to Lin Chen's advice brought back the feeling of burning money back then. Market share in third- and fourth-tier cities was just too easy to obtain.
They don't have any decent competitors. Apart from Meituan, which is a slightly larger company, the others are all small fry.
Meituan currently lacks the funds to increase subsidies and maintain its market share in third- and fourth-tier cities.
Therefore, Wu Bo now feels like he has the world at his fingertips.
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