Reborn multinational giant

Chapter 397: The Crisis of Meituan

In fact, among the three issues originally scheduled for the conference, there is one more about cloud computing!

Originally, the organizers hoped to use this issue to echo the cloud computing issue that triggered a heated discussion on the whole network last year, so as to stir up the heat of the conference.

However, looking at the current situation, if Wu Ying raises this question again, I am afraid that the three BAT leaders will have to leave the meeting directly and never come to this conference again.

Therefore, in order to suppress Fang Zhe’s arrogance, the audience's most anticipated audience questioning session, Wu Ying stunned directly pointed out that the audience can ask three questions to the three BAT leaders. As for Fang Zhe , It was directly said that he had spoken too much just now, in order to take care of his voice, I can't ask him questions for now!

Many entrepreneurs in the audience waited eagerly for the entrepreneurs who wanted to ask Fang Zhe. At this time, they wished to run to the stage and stabbed the host Wu Ying twice.

However, this dark idea only flashed in the hearts of some young entrepreneurs. If you really want to make any impulsive actions on such occasions, then you will never want to mix in this circle again!

The questions the audience asked the three BAT big guys were not bad, but compared to last year's interesting episode that Chen Xiaoou was favored by Fang Zhe for asking questions, this year's questioning session was much flatter.

In addition to Shang Zhe’s previous O2O concept and hundreds of billions, trillions, the next BAT, the next Huizhong and other remarks still stay in the audiences’ minds, and the audience’s questions to the three BAT bigwigs are nothing to look at. Up!

No one asked Fang Zhe questions, Fang Zhe smiled as a spectator, drinking two sips of water to moisturize his throat from time to time on stage, as if trying to cooperate with Wu Ying’s remarks about taking care of his throat. The three big men and Seeing his move, Wu Ying thought helplessly in his heart, this guy is really a genius!

After the high-end dialogue, there will be several sub-forum meetings on different topics, but for that level of meeting, several bigwigs from the four HBAT companies are not interested in participating.

At the end of the high-end conversation in the morning, the audience attending the meeting were still discussing the content of the high-end conversation in the morning, especially the entrepreneurs, who got together in twos and threes to discuss the O2O theory proposed by Fang Zhe.

"Do you think Fang Zhe's O2O is reliable?" In a cafe near the conference, several entrepreneurs who had just participated in the high-end dialogue gathered together to discuss.

"Do you think it's reliable? If it's reliable, why doesn't Huizhong himself do it, he still has to say something about the next BAT, the next Huizhong, the richest man in the party is really bragging and not drafting!" Another entrepreneur Said dismissively.

"I think it is reliable, otherwise Huizhong and Fang Zhe's Zhongying Capital will not invest in so many startups of this type. It can be seen that this is the current direction and trend of entrepreneurship!"

"You don't care if it is reliable or not. Since the richest man in the party loves to invest in this kind of company, you can try it if you are interested. Just like last year's Chen Xiaoou, you are on the same footing and you are successful. !"

Speaking of Chen Xiaoou, a bunch of entrepreneurs have different looks in their eyes, some are envious, some are jealous, and some feel that he is just out of luck!

Not far from these entrepreneurs, a middle-aged man with a round head wearing glasses and a flat head turned his head and glanced at them, then turned his head to drink coffee quietly, this man, Wang Xiaoxing, the founder of Meituan!

At last year’s IT summit, Fang Zhe’s talk about cloud computing greatly admired Wang Xiaoxing. Later, Wang Xiaoxing founded Meituan, and also specifically asked Fang Zhe to invest, and talked with Fang Zhe about the main business group purchases of Meituan when it started. , That is, the conversation with Fang Zhe that made Wang Xiaoxing admire Fang Zhe's vision and thinking to the point of throwing himself into the ground!

In the past year, the development of Meituan and the entire group buying industry has almost confirmed what Fang Zhe had said before. If he hadn't met Fang Zhe and chatted, I am afraid that Wang Xiaoxing would think that Fang Zhe is a monster!

For this reason, Fang Zhe’s vision has already admired the somewhat fanatical Wang Xiaoxing. This year he specially spent more than 100,000 to buy a ticket for the audience. After leaving Meituan’s busy business affairs, he went to Shenzhen to participate in this event in person. IT summit!

Today’s Meituan has just been established for a year. Although it has experienced a round of financing so far, it has a small reputation in the domestic Internet industry and has a valuation of hundreds of millions of dollars. However, compared with Internet giants such as HBAT, there is still a considerable gap. Duo also has a level of Jumei Youpin invested by Fang Zhe, are you hungry, and Kuaian Taxi, and so did not get the qualifications of the organizer's guest invitation.

However, Wang Xiaoxing paid no attention to these. The Internet industry, like the shopping malls, is a place to speak based on strength. Just as Fang Zhe is only 24 years old, it is because he is the founder and helm of Huizhong, the domestic Internet No.1 company. People, in the industry, regardless of their status and age, they must be respected as President Fang when they meet him. He is better than the boss of the three BAT companies. He should also call his name Fang Zhe instead of Xiao Fang, A Zhe and others. Junior's name!

Today, after hearing Fang Zhe's remarks about O2O at the scene, Wang Xiaoxing felt even more enlightened.

Since the founding of Meituan a year ago, with the strategic adjustments made by Wang Xing and Fang Zhe in person and the financial support from Huizhong and several venture capital funds, Meituan has become a dominant player in the domestic group buying industry.

Compared with Lashou.com, Gaopeng.com, Nuomi.com, Dianping, Tuan800 and other group-buying websites, the main energy and resources are placed in the first-tier cities with a bloody sea. Meituan has quietly taken root in the second- and third-tier cities, and is gradually growing in many The second and third lines have achieved one-third or even more than half of the market share.

Nowadays, Meituan has become one of the top three in the domestic group buying industry. Many competitors who have reacted are now beginning to realize the importance of second- and third-tier cities and have invested a lot of subsidies and resources in second- and third-tier cities. Meituan Behind the seemingly beautiful scenery of the Internet, it is actually embarrassed on all sides and crises!

Group-buying websites have several characteristics such as low threshold and poor viscosity. The former has a low threshold that any entrepreneurial team can organize manual entrepreneurship by spending tens of thousands of dollars on a set of group-buying codes and systems. This is also directly caused. Nowadays, there are several in the country. Thousands of group buying websites.

The poor viscosity of the latter refers to the fact that the group-buying industry is currently in the era of warlords. Everyone has lost money and subsidies to attract users. Therefore, most users have little loyalty to each website. Wherever group-buying is cheaper, Which website to go to, Meituan has laid down a large area in the second and third tier cities, and it is likely to be taken away by other websites in minutes!

Wang Xiaoxing, who is thinking hard about countermeasures, has moved. After this IT summit, he will look down and visit Fang Zhe to ask him for advice. But now, when Wang Xiaoxing personally participated in this IT summit, he heard Fang Zhe’s talk about O2O. After the remarks, Wang Xiaoxing's heart seemed to have gradually found the answer and the way out for Meituan!