As for the second step, it naturally involves entering the group-buying market.
Whether it's Huasuan.com or Taobao Big Data, they are just traffic-generating platforms. To put it bluntly, they are just for displaying information to users. Whether users buy or not after viewing the information is still up to the users themselves.
Lin Chen arrived at Zhang Yiming's office.
"Mr. Zhang, do you still want Wang Xing's investment?"
"Of course, Meituan is desperate for money to save its life."
“I’m going to personally take on Taobao, so we need to have our own group-buying platform. Can you ask Wang Xing for me if I can offer 1 billion yuan to acquire 80% of Meituan’s shares? If he doesn’t accept, I’ll find another platform.”
"Okay, Mr. Lin."
After Lin Chen left, Zhang Yiming immediately called Wang Xing.
When Wang Xing heard Lin Chen's condition, he cursed inwardly.
Isn't this blatant profiteering? Is there no justice? Is there no law?
But now Meituan's situation is getting worse and worse.
WowoTuan was already in a state of slow death, but Meituan could still take a share of WowoTuan's market.
But then suddenly, Taobao's big data emerged, giving WowoTuan a boost and halting the decline in its market share!
Therefore, Meitu is currently unable to gain market share from Wowo in major cities, while its market share in third- and fourth-tier cities is still being taken by Lashou.
In the past two days, he has borrowed money from everyone he knows, but it's obvious to everyone that Meituan is on the verge of collapse.
So I didn't manage to borrow much money; it was just a drop in the bucket.
This phone call from Zhang Yiming might be his last chance.
Wang Xing thought about it for a long time, but still couldn't make up his mind.
Zhang Yiming sighed: "President Wang, why don't we just give up? We can always start over. I saw it most clearly on Huasuan.com. The group buying industry is too brutal. It's okay. President Lin said if you don't accept it, he'll just find another company."
Upon hearing this, Wang Xing suddenly understood.
Yes, if Lin Chen casually took that money to acquire a group-buying website, with Huasuan.com in hand, wouldn't it be a piece of cake for him to rise to the top three in the industry?
At that point, Lin Chen might target Meituan first.
If that's the case, then why can't Meituan be the one to use this knife?
"Yiming, tell Lin Chen that I agree!"
"Ah? Oh, okay, I'll go tell Mr. Lin right away."
After hanging up the phone, Zhang Yiming was still a little dazed.
Is this really the same proud and arrogant Wang Xing I know? He actually agreed to these conditions?
Wait a minute, if Meituan is acquired by Xingchen Technology, wouldn't I, as the vice president of Xingchen Technology, become Wang Xing's boss?
Honestly, thinking about it, it actually feels kind of cool.
After Zhang Yiming finished reporting to Lin Chen, Lin Chen breathed a sigh of relief.
Although he said he would switch to another company if he didn't accept it, he couldn't guarantee that Meituan would really have the luck to become the next emperor.
If Wang Xing doesn't agree, Lin Chen will definitely make sure to eliminate Meituan first, cutting the weeds out of the roots.
Now, let's get history back on track. From this moment on, this yellow app will once again don its imperial robes and emerge to dominate the world.
Lin Chen suddenly remembered that Wang Xing himself had contributed 200 million of the 1 billion not long ago.
Wang Xing: I really will thank you.
When news broke that Huasuan.com had invested in and acquired a controlling stake in Meituan, the entire group-buying industry was devastated.
Damn, the referee himself is on the field! How are we supposed to play like this?
Oh, wait, now there are two referees. I just don't know how capable this new referee, Taobao Big Data, really is.
Jack Ma scoffed in his office: "Lin Chen, you're ruining your future. You're the referee, and you're personally getting involved in the game. Will other group-buying websites dare to promote their products on your Huasuan.com platform in the future?"
As Jack Ma predicted, soon some smaller group-buying websites began turning to Taobao's big data platform to invest money in promotion.
Jack Ma was much more enthusiastic about them, not only charging them cheaper prices but also offering longer service hours than Huasuan.com.
After all, these small group-buying websites aren't desperate victims like Xu Maodong; they're customers who are willing to wait and for a good reputation.
Wu Bo was also flustered and quickly invited Zhang Xuhao to get a foot massage.
"Ah Hao, what's going on? How come Lin Chen has gotten involved in the group-buying circle too? We're brothers who've been through thick and thin together, you have to tell me the truth."
"Ah Bo, I don't know what happened either, but I heard that a long time ago Lin Chen had Zhang Yiming ask Meituan if they wanted to invest."
"Oh... Lin Chen's actions are dangerous. Isn't he afraid of scaring away all of Huasuan.com's customers? That's his core business. And won't he turn around and attack me?"
"Actually, Apo, buddy, I have something I really want to tell you."
"What did you say?"
"If it's too bad, then join."
"..."
Wu Bo: What the hell? I can't beat him! I'm the top group-buying influencer right now, okay? If Lin Chen doesn't play by the rules, then he... he...
Lin Chen knew that Huasuan.com's referee personally entering the game would definitely cause a panic. Other group-buying companies would say, "Huasuan.com is using the promotion fees we give you to subsidize Meituan and then attack us. How are we supposed to compete?"
But……
The group-buying industry doesn't need so many survivors; ultimately, just one winner is enough!
The group-buying channel on Huasuan.com was just a tool Lin Chen used to make money; it wasn't his core business.
Soon after Meituan had the money, it began to fight back, providing subsidies in third- and fourth-tier cities to resist Lashou.com's expansion.
Major cities have also begun a subsidy war, joining forces with Lashou.com to continue their assault on the crumbling Wowo.com.
Xu Maodong also wanted to provide subsidies, but he was out of money. He gave his last 500 million yuan to Jack Ma.
Taobao's big data strategy has indeed been effective, and during this period it has been serving almost exclusively WowoTuan, driving all of its customers there.
While there is a significant overlap between Alibaba's users and Huasuan.com's users, there is still some overlap.
As a result, Wowo Group experienced another surge in new registered users during this period, and its market share began to rise again.
The good times hadn't even lasted a few days before Lashou and Meituan started increasing subsidies to grab market share again.
Although Taobao's big data has significantly reduced the weight of recommendations from Lashou and Meituan, as a referee, we can't completely favor our own team; we're not some ordinary people.
If this is so unfair, then Taobao's big data will be completely useless in the future.
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