"I have made an appointment with Mr. Huang from Meimei.com. A subsidiary of Yuming Group is going to merge with the other party. I need to communicate with him in advance."

When it comes to the next arrangements, Xu Renshan blurts it out openly.

He is an upright gentleman, how could he be misunderstood for nothing?

Because the afternoon was taken up by senior students, Xu Renshan could only arrange the meeting with Mr. Huang during the midnight snack time, and today's schedule was also fully booked.

"Is this the US-US Network?"

After hearing the young rich man's answer, Zong Xiaoyu took out his Apple 4S and pointed to a group buying website APP on it and asked him.

The last time she ate at a restaurant with her friends, the clerk recommended that she download this software and get a 20% discount. Zong Xiaoyu, who was not in a hurry, downloaded it easily.

Being able to cover a gourmet APP on a high-end hotel, Zong Xiaoyu feels that this website is definitely not small.

"good."

Nodding, Xu Renshan admitted, but didn't say much.

After all, the merger of Meimei.com and the local food delivery platform can be regarded as a trade secret.

In order to accommodate the capacity of the same-city food delivery platform, Meimei.com, whose market valuation has risen to US$500 million, has conducted another round of financing.

In July last year, Ahri led an investment of US$60 million. After a year of development, US Open has burned through more than half of the funds, and the remaining funds can last for almost a year and a half.

However, Yuming Group's intra-city food delivery platform has spent nearly 1 billion yuan in subsidies before it can gain a foothold in several major first-tier cities and prefecture-level cities in many southern provinces.

Originally, the strategy set by Xu Renshan and the management was to proceed steadily. Unexpectedly, other capital discovered their business and established similar takeout companies in several southern provinces.

With no other choice, local food delivery platforms can only use a money-burning strategy to quickly occupy the market, and then burn out the few small food delivery companies that have not developed scale.

After all, all that is burned is investors’ money.

With the crazy money-burning strategy and the cooperation of many franchisees, the same-city food delivery platform already has no less than 15 million registered members, almost including college students from southern provinces and many new generations.

It can be said that the emergence of local food delivery platforms has brought young people in the south into the era of convenient food delivery in advance.

However, the same-city food delivery platform has entered a bottleneck in this round of expansion.

If you want to continue to expand, in addition to occupying new markets, you also need to go down to the bottom to get more food merchants to join. This will overlap with group buying websites and will directly face Meimei.com, Nuomi, and LaShou.

Waiting for competition from established group buying websites.

Once the competition begins, no one knows who the winner will be.

Under such circumstances, it became the most suitable plan for the local food delivery platform to go independent and merge with the huge potential US-US website.

Similarly, in order to accommodate the access of food delivery platforms at a lower cost, Meimei.com must raise more funds, expand its size, and hold a lot of money.

"I have also used this food delivery platform. The scale of your financing this time should be quite large."

As is the nature of women to gossip, Zong Xiaoyu asked about the merger.

"It's not a big deal, it's only 340 million U.S. dollars."

Speaking of approximate figures, Xu Renshan did not fluctuate much.

According to the exchange rate, Yuming Group has burned more than one billion to create the number one food delivery platform in the country, allowing countless investment institutions to see this untapped blue ocean, which will at least increase its market value by three or four times.

At present, with a valuation of about US$400 million, the investment in the same-city food delivery platform has at most doubled.

"."

Listening to this young rich man talking about a financing case worth hundreds of millions of dollars with ease, Zong Xiaoyu began to see the gap between the two parties more and more as he secretly spoke.

If it weren't for the face of her confidant, Zong Xiaoyu knew that she wouldn't be qualified to eat at the same table with him.

At this moment, the pride in her heart unconsciously bowed her head to the reality of society.

It is a life worth living to be by the side of this proud man of heaven.

“If Yuming Group spins off its food delivery platform, its listing may be delayed.”

Shangguan Mingli, who knows a little bit about business, pointed out the pros and cons.

Obviously, if the same-city food delivery platform had been under the Yuming Group, given its scale of development, it would have been possible to go public within the next year.

"Yes, if the food delivery platform is not divested, Yuming Group may bundle Ziwei Tea and the food delivery platform into a new company, which will be listed in Hong Kong next year. Now, relying solely on several brands under the group, it will take time to go public

It will take at least two more years.”

Talking about the progress of the group's listing, Xu Renshan did not think about becoming the CEO of a listed company urgently.

In order to list their companies, many people not only want to cash out and get more funds to invest in development, but also want to be known as the CEO of a listed company.

But what Xu Renshan prefers is to develop in a low profile and become a big boss behind the scenes.

Because he does not need to cash out funds, nor does he need the so-called reputation.

Mr. Chen, who is as powerful as Mr. Chen, is well-known all over the world. He did some outrageous things because of the coercion of capital and retreated behind the scenes. Mr. Chen, the younger Mr. Chen, retreated behind the scenes in a more prudent way. He has always kept a low profile and kept a low profile.

With these examples in front of him, Xu Renshan has no ambition as a young man to stand in front of the stage and scold Fang Qiu. It is only right to live his life comfortably.

"Being more steady is the right way for domestic companies to go public."

Seeing how steady his little cousin was, Shangguan Mingli felt relieved.

From the beginning to the end, Xu Renshan and Shangguan Mingli did not talk about the Magic City and Hong Kong City, from eating hot dishes to a simple buffet barbecue.

The dark side of a man should never be revealed in front of a woman.

This dinner together only increased the friendship between the two of them.

Relationships and distance are not complementary to each other. If there is no contact for a long time, there will be a gap between relatives, no matter how close they are.

Shangguan Mingli has reached his current position. In a few years, he will definitely be decentralized and seek experience in grassroots governance. Xu Renshan, who has considerable strength in the business, can also help;

And if Xu Renshan wants to be a wealthy man behind the scenes in China safely in the future, he will also need the other party's care and support. After all, Mr. Shangguan cannot protect him for the rest of his life.

With this level of stakes, not only will the relationship between Xu Renshan and Shangguan Mingli's "relatives" not be alienated, but it will become closer.

The adult world is always about weighing the pros and cons.

"Brother Mingli, sister Xiaoyu, goodbye."

After dinner, the two of them were sent out of the door, but Xu Renshan did not leave in the car.
Chapter completed!