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Chapter 518 He's Still Too Young

Yes, the place where he and Mr. Huang agreed to have supper was also in Nanshan Bamboo Garden, but the box number was different.

This location was not decided by him, but by Mr. Huang who was the host.

It can be seen that in terms of publicity, Mr. Huang and the others have done a really good job. They have actually attracted business leaders with hundreds of millions of dollars in assets to choose this place as a place to discuss business.

In terms of single-wheel environment, Nanshan Zhuyuan Jingcheng store, in addition to inheriting the layout of the Hangcheng store, is more primitive in decoration, has a kind of simple luxury, and is even better in terms of privacy.

Coupled with some seemingly high-end food supply chains, it is no wonder that it has been highly praised by petty bourgeoisie and above in the capital.

The supper was originally scheduled for 8:30, but before 8 o'clock, Mr. Huang from Meimei.com and Mr. Shen from Lanshan Capital arrived hand in hand.

As a guest, Xu Renshan only sat down for less than ten minutes.

"Mr. Xu, I'm sorry, I'm late. I'm late."

Unexpectedly, the young wealthy man who was a guest arrived first. Huang Yaoshi, who originally thought it would be good to come half an hour early, felt ashamed and apologized.

After all, this time they, Meimei.com, are begging Yuming Group to let go and are in a weak position.

If the same city food delivery platform continues to develop, the next step will definitely be to push local food merchants to occupy the lower-level food merchants, which is the lifeblood of their Meimei.com.

The problem is that the way the local food delivery platform burns money is too handsome and too ruthless.

These group buying websites burn more than 100 million a year, which is an exaggeration. After all, the websites also generate income on weekdays, but they just cannot make ends meet.

But how does the same city food delivery platform burn money? It burns more than 100 million a month.

In just eight months, it has burned over one billion yuan, which is simply beyond their imagination as a group buying website.

It turns out that money can still be burned like this.

According to the last financing situation of the Yuming Group, there are at least more than 2 billion in funds on the account. Once they enter the local promotion stage and burn money for subsidies, the funds of the US and US network will not be able to compete.

Even, the entire group buying website industry will be reshuffled.

"Brother Huang, you're welcome. I've just arrived. Uncle Shen, why are you here too?"

Responding politely, Xu Renshan looked at another capital boss with surprise in his eyes.

He didn't expect that Shen Fang from Lanshan Capital would come with him. He was a friend of his wife's father's generation and had a good relationship with Aunt Xue.

After all, he is naturally his elder.

"Lao Huang was afraid that you would be reluctant to let go of the food delivery platform, so he specifically asked me to be a lobbyist."

Shen Fang's words were full of kindness towards this young nephew.

He was also very happy to see his eldest niece's son-in-law become so good.

However, in business, he is really here to be a lobbyist today.

From his point of view, the merger of Meimei.com and the city's food delivery platform is considered a strong alliance, which can bring both parties to a higher level in a short period of time. The money he invested before will naturally get a more generous return.

"Brother Huang is overly worried. As long as the price is right, we can negotiate."

After hearing the other party's joking words, Xu Renshan sat down with the two of them and asked the waiter to serve some big dishes first.

Of course he knew why Shen Fang appeared here.

No need to guess, Lanshan Capital will definitely be one of the new rounds of financing for Meimei.com, but I don’t know which capital will be invited to lead the investment.

"Brother Xu, I don't know how long it takes for Yuming Group to let you go?"

After having a quick bite and letting the barbecue master go out, Master Huang Yao also asked a more direct question.

Originally, their financing of Meimei.com was aimed at acquiring a local food delivery platform.

If there is less financing money, it will be embarrassing.

They are bound to win this acquisition. Otherwise, the capital that favors the US and US network in the future will go to the Yuming Group in the blink of an eye.

With one thing going the other way, the US-US network may not be beautiful anymore.

"Then it depends on the price offered by Brother Huang. For Yuming Group, money is not the most important thing. Share exchange is the priority."

Regarding this point, Xu Renshan naturally would not reveal the details from the beginning, but gave a relatively vague quotation.

Negotiation, of course, has to happen.

As the major shareholder of Yuming Group and the minority shareholder of Meimei.com, it is self-evident which side Xu Renshan is on.

Except for parents and wives, no one in the world would give money to others for no reason.

"We, Meimei.com, are planning to take out 25 points of shares for this financing. Of these, 20 points will be used for financing and 5 points of shares can be exchanged."

Facing this shareholder of his own company, Huang Yaoshi did not hide anything, and stated the general conditions given by the management, and his words also narrowed the distance between the two parties.

The advantage lies with the other side. If they want to win the fragrant steamed bun cleanly and neatly, they must show sincerity.

The longer the delay, the greater the variables.

According to their information, the other top group buying websites all have contact with Yuming Group.

No one is stupid. Among several large group buying websites, whoever can win this food delivery platform will have an advantage in the next round of development, and it will be a huge advantage.

However, the current advantage of Meimei.com is that it has a young wealthy shareholder and knows that Yuming Group is willing to sell the entire food delivery platform.

"Brother Huang, I have something to tell you first. The food delivery platform looks promising, but it is an out-and-out money-burning machine. However, the subsidy for delivery workers is at least 20 million per month."

Without an outlet to comment on whether the conditions offered by the other party were good, Xu Renshan was the first to point out the shortcomings of the food delivery platform.

In the early stage, Yuming Group relied on the resources of franchisees from various places to subsidize delivery workers, and the proportion of direct expenditures was not very large.

However, with the rapid expansion of the fight against opponents, this subsidy fee continues to grow and has exceeded more than 15 million. If the US Open takes over, this fee will increase to more than 20 million.

Subsidy for delivery workers does not seem to account for a large part of the previous more than one billion expenditures. It is indeed a large and stable expenditure, and will even grow with the expansion of the delivery business.

He did not expect that after Meimei.com ate this big cake, it would not develop and grow, but would be starved to death.

"I know, so in this round of financing, in addition to getting the funds to acquire local food delivery, our Meimei.com also needs to set aside part of it."

After a pause, Huang Yaoshi took a sip of red wine, and then expressed his sincerity: "Therefore, I would like to ask SS Fund to lead this round of financing."

Using capital money to acquire capital companies is the essence of Internet companies.

Huang Yaoshi and the company's management have clearly figured out the key to this.

"."

Hearing the pie offered by the other party, Xu Renshan smiled helplessly.

He really underestimated the old fritters in these shopping malls, who used their own methods to attack the other side.

Previously, the reason why Xu Renshan gave an ambiguous answer was to allow SS Fund to be qualified to lead the investment, but he did not expect that the other party would take the initiative to extend an olive branch.

Thinking about it from another angle, perhaps this is the best way for Meimei.com to successfully acquire the same-city food delivery platform.
Chapter completed!
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