"Mr. Ma, are you really not going to reconsider?"
"Mr. Xu, I have a meeting to attend to. Let's talk another time."
"Beep beep beep..."
When Xu Maodong saw Ma Yun hang up the phone, he gave a wry smile. He could guess what Ma Yun was worried about.
Seriously, you, the number one person in the domestic online shopping circle, actually believe such rumors. It's utter nonsense.
Only one choice remained—Lin Chen.
To be honest, if he had a choice, Xu Maodong really wouldn't want to go to Lin Chen. He would have been willing to sell to Alibaba even if Alibaba offered a lower price.
Lin Chen is such a jerk! Xu Maodong now sees Lin Chen whenever he sees a dog on the street and can't help but kick it.
Dog: I may not be human, but you are a real dog.
But now there's no way; Jack Ma won't even give him a chance to bargain.
Xu Maodong lit another cigarette and smoked it silently.
After finishing his cigarette, he picked up the phone and called Lin Chen.
"Hello, Mr. Lin."
Perhaps because he had just finished smoking, Xu Maodong's voice sounded very low and hoarse.
This startled Lin Chen, who thought Xu Maodong was contemplating suicide.
"Wow, Mr. Xu, don't do anything rash! Try to think positively. At least Wowo Group hasn't gone bankrupt yet, right?"
Xu Maodong: Damn you, is this what you call the good aspects?
"President Lin, I'm completely disillusioned with WowoTuan now, and I'm exhausted, so I wanted to ask you if you'd be interested in acquiring WowoTuan."
Lin Chen didn't expect Xu Maodong to come looking for him, after all, their two companies had almost broken ties.
It seems that Xu Maodong is truly at his wit's end.
"Oh, Mr. Xu, why would I buy Wowo Group? It's useless. Our company's focus isn't on group buying."
"Mr. Lin, we've known each other for a long time, so I'll get straight to the point. Meituan's biggest problem right now is that it has too little market share in big cities. Although it will definitely be able to take some from Lashou in the future, that will be too slow. If you acquire Wowo, you can immediately stand on equal footing with Lashou."
These words really resonated with Lin Chen. Indeed, Meituan's focus is still on second- and third-tier cities. After abandoning the big city market, it only managed to gain a foothold by taking a small portion of WowoTuan's business this time.
However, the lion's share was still taken by Lashou.com.
If Meituan can take over the remaining market share of WowoTuan, then it will truly be able to stand shoulder to shoulder with Lashou. Moreover, with the backing of Huasuan.com, Meituan will be able to overtake Lashou very quickly, in no time at all.
"Mr. Xu, as you know, I just invested in Meituan, and now I'm broke. I'm really poor. How can I afford to buy WowoTuan?"
Upon hearing this, Xu Maodong realized that the negotiation had begun, and Lin Chen was more reliable than Jack Ma!
"Mr. Lin, just name a price. I just want to sell it now. I'm never doing group buying again. It's too exhausting."
"That one million?"
"Pfft... Mr. Lin, are you kidding me? You're going to use a million to buy tables and chairs from Wowo Group? I really want to sell them."
"Ahem, didn't you tell me to just give you a random price?"
"Mr. Lin, please quote a more reasonable price."
Lin Chen thought for a moment and said, "Then let's make it three hundred million."
"President Lin, this isn't fair. Wowo Group is worth at least 3 billion now, right? You're offering 300 million?"
"Oh, Mr. Xu, I really don't have any money. I really can't come up with 3 billion. Why don't you go ask someone else?"
After saying that, Lin Chen hung up the phone.
Hmph, fat translator, you're desperate and still dare to ask for 3 billion? I reckon no one but me would dare buy from WowoTuan now, otherwise you wouldn't have come to me.
Xu Maodong stared at the disconnected phone, cursing under his breath.
Damn it, Lin Chen, you little bastard, you're a heartless scoundrel! You're asking for 300 million out of a market value of 3 billion? Are you trying to fob me off?
After hurling his grievances, Xu Maodong thought for a moment and realized that there really was no one else he could sell to. Jack Ma had directly said he wouldn't buy, while Lin Chen had at least offered a price, albeit an outrageous one.
Forget it, let's talk about it in a couple of days. Right now, he has one more thing to do: apply for a loan using Wowo Takeout.
He planned to take the money from the WoWo takeout loan and the money from selling WoWo Group products, put it in his own pocket, and then run away.
He originally thought that Wowo Group could sell at least 2 billion yuan worth of goods, and with the loan money, he would definitely be able to recoup his initial investment and even make a profit.
Although it didn't generate as much cash as the IPO, at least it didn't result in a loss.
As for not being able to repay the loan, since the legal representative isn't me, what does it have to do with me?
Xu Maodong first secretly repaid his original loan of 500 million yuan, and then mortgaged all of Wowo Takeaway's assets for a loan of 1 billion yuan.
He originally borrowed 500 million yuan because that was all he wanted to borrow; now he's borrowing 1 billion yuan because Wowo Takeaway is only worth that much.
Three days later, Xu Maodong called Lin Chen again.
"Mr. Lin, I've had several appraisal companies do the assessment, and Wowo Group's market value is around four billion. How about I give you a 50% discount, making it two billion?"
"goodbye."
Lin Chen hung up the phone again.
Xu Maodong dialed back again.
"Mr. Lin, I won't beat around the bush anymore, just name your price."
"Didn't I open one last time? Three hundred million."
"Mr. Lin, you're really overcharging. The market value is 4 billion, and you're only offering 300 million. Isn't that a bit too little? Please add some more."
"Mr. Xu, I really don't have the money. Here's the deal: 500 million. That's the highest price I can offer. If you still don't agree, then forget it and don't contact me again."
After listening, Xu Maodong remained silent for a long time. Lin Chen was really a scoundrel; the price was far too low, almost like a half-sale or a freebie.
Seeing that Xu Maodong didn't say anything, Lin Chen hung up the phone again.
A short while later, Lin Chen's phone rang again; it was Xu Maodong again.
Lin Chen watched his phone ring, but made no move to answer it.
Xu Maodong was getting anxious when he saw that Lin Chen wasn't answering the phone. He had wanted to ask Lin Chen to buy more, but now it seemed that Lin Chen wasn't going to buy anything at all.
Ah... Brother, five hundred million it is. If you don't buy it, no one else will.
Finally, after Xu Maodong dialed three times in a row, Lin Chen answered the phone.
"Hello, Mr. Xu, I just went to the restroom and didn't bring my phone."
"Haha, is that so, Mr. Lin? I've thought it over. Five hundred million it is."
"Okay, let me tell you, Mr. Xu, it's only because we're old acquaintances that I definitely wouldn't have bought from WowoTuan. You don't know, everyone outside is saying that WowoTuan is a bad company. I took a huge risk."
"Yes, yes, thank you very much, Mr. Lin."
"Then I'll send someone over tomorrow to sign the contract with you."
After hanging up the phone, Lin Chen called Zhang Yiming over.
"Mr. Zhang, I'll give you a chance to vent your anger tomorrow."
"What?"
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