Top of the big era

Zhou Buqi is also well-informed, especially in the domestic Internet industry, there is almost nothing he doesn't know.

This time it was an eye-opener.

Don't even really believe it.

Play like this, okay?

Group buying is an emerging industry...Although on-campus group buying has been around for many years, it is actually not the same as group buying websites such as Fantuan, Lashou, and Wowo Tuan.

On-campus group buying still belongs to the traditional e-commerce model, similar to Juhuasuan. Juhuasuan is branded as group buying, but in fact this is part of Taobao.

The current trend of group buying is not pure online shopping, but a combination of online and offline. It has strong regional characteristics and will have many sub-sites, each of which must be in contact with offline stores. , to cooperate and get some coupons.

Take 58 Group Buying for example. Users in Magic City log in to the Magic City sub-site. The group buying launched on this sub-site is a cooperation between the 58 Group Buying team and the local shops in Magic City, and is only open to Magic City.

In other cities, you can only participate in local group buying activities.

Normal e-commerce is an asset-light industry.

Just like Taobao, an operations team can cover the whole country once the server is set up. Group buying is different. Each city must have an operations team. They must be responsible for connecting with offline stores and updating online platforms.

Like Wowo Tuan, there is one branch in each city and hundreds of branches across the country... The number of branches covering the whole country is more than that of a super giant like Ziweixing.

How much does it cost to create such a big scene? How complex management is required?

This O2O model is scary.

In fact, it appeared as early as the 1990s, and it has long been eliminated by Silicon Valley. The team size was too large, the operational complexity was too high, and it required too much funding.

This is the reason why Groupon, the "originator of group buying", was blocked from going public in the United States.

The heads of the Securities and Exchange Commission (SES) believe that this business has no future and is just a hot spot for short-term speculation and deceiving people. Once this company is approved for listing, it is likely that the stock price will collapse in a short period of time, causing huge losses to investors.

Therefore, Groupon has hired a better financial team and submitted several clarification materials to resolve SES's concerns and approve the listing.

Groupon is known as the "originator of group buying" and is an American website.

Such a company has encountered such great resistance when it wants to be listed on Nasdaq. You can imagine how difficult it will be for Lashou.com and Wowotuan to go public in the United States.

You must give a convincing enough answer on the financial statements!

But the problem came again.

The competition in the domestic group buying market is so fierce, and the industry has passed its peak and begun to decline... How can they produce a beautiful report card?

If it really doesn't work, then it can only be fake.

That's bad.

Wang Xing and Zhang Yinlei didn't want to join them, but they didn't expect Nuomi.com to keep clean... Even though they are competitors who have had many battles with each other, they should still be praised.

There is a deeper issue here, which is human relationships.

Times are changing, and many venture capital institutions have appeared in China. Everyone is in the same circle, and they have many connections.

Now, there are two groups of people who want to harvest crops in the United States. Can others help?

Neither Lashou.com nor Wowotuan are profitable, and cannot be listed on the domestic and Hong Kong stock exchanges... Even if there are some mistakes, it will not hurt domestic investors.

It's just going to the United States to cut leeks, and it won't hurt them.

Something that happens easily.

You help me this time, I'll help you next time.

Even Gaopeng, which is backed by Penguin and Groupon, has adopted a default attitude.

At this time, if Fantuan.com does not participate, it will appear unsociable. Fantuan.com doesn’t even need to do anything, as long as it stops disclosing data and prevents those investigative agencies from knowing the true situation of the group buying industry.

Zhang Yinlei felt very embarrassed, "The problem before us now is that two companies want to go public in the United States to make American money. We don't need to take the initiative to stand up and testify. We just need to remain silent. Can we help you?" ? If you don’t help, you will offend a lot of people. If you help, you won’t be able to get over it.”

Zhou Buqi looked at Wang Xing and asked, "What about you? What do you think we should do?"

Wang Xing is a ruthless person who is not afraid of trouble at all. "My thoughts have never changed, which is to be myself. I will not participate in their bad things, but no one can influence me."

"good!"

Zhou Buqi supported him.

A bit of surprise flashed across Wang Xing's face, "Do you agree? If we do this, many people will be very dissatisfied with us. Ruining people's wealth is like killing their parents."

Zhou Buqi didn't take it seriously, "It's broken, so what? It's just a few emerging investment institutions in the country, it's no big deal.

Wang Xing was very cautious, "There are a few people who have very strong relationships."

Zhou Buqi smiled and comforted him: "It's hard or not. If the relationship was really hard enough, someone would have found me long ago. I don't even know about this, which means that their group is nothing. If there really is We have a great relationship, why do you want to engage in such sneaky things? Why not make 80 billion by doing something?"

"I can rest assured that."

Wang Xing let out a long sigh of relief.

Zhou Buqi sneered: "They are just a bunch of frogs in the well. They are blinded by money and don't even understand the most basic investment rules. They want to cheat money in the United States. I really thought it was so easy to follow the big A-share operations. Just watch, sooner or later there will be trouble. joke!"

Wang Xing was very happy when he got the support of the big boss, "Don't you like it?"

"Dog bites dog, it's all a joke."

Of course Zhou Buqi is not optimistic about it.

The handles and nests were all nonsense and disappeared like a fleeting cloud.

This is a gift from the prophet.

He didn't know what was going on with Lashou and Wowo, but he knew about Baidu's business that had caused great controversy - food delivery.

A high-tech company actually delivers food!

In order to develop this business, Baidu directly acquired Nuomi.com.

You know, the current Nuomi.com cannot even be ranked in the top three.

Why didn’t Baidu acquire LaShou and Wowo?

It's very simple. Something must have happened to these two brothers and they both died young. As for Nuomi.com, which was operating healthily, it was favored by the goddess of fate in terms of legal compliance and was acquired by Baidu with a huge sum of money. The entrepreneurial team became billionaires overnight.

Those who did things to make a lot of money ended up not making a penny and losing all their early investments. Nuomi.com, which operates honestly and legally, has experienced great hardships and shared the fruits of huge wealth.

Justice does not require a guilty conscience.

Wang Xing received support from Boss Zhou, and his mood immediately cheered up. "When others do evil, remaining silent can be an accomplice. I will never get involved in this matter. Fantuan.com will continue to do so every quarter as usual." Make business data public."

Zhou Buqi smiled and said: "Don't worry, it's not that serious. I've already said it, dog bites dog, hairy mouth. Someone who is so bold to falsify data and finances, and has such a wild style... Hum hum, you want people to perish." , don’t let it go crazy. Just watch, it’s not far away!”

Wang Xing glanced at Zhang Yinlei and said with a smile: "Yes, that's my analysis too. Who is the number one group buying company in China? Is it Lashou.com or Wowo Group? As long as there is a fight, they might end up exposing each other's past. ."

Zhou Buqi said: "Absolutely. Last summer, Youku, Tudou, Kuliu, LeTV and so on were going to be listed. Didn't this kind of thing happen? There were constant wars of words. You said that I had made financial fraud, and I said that you had data. Fraud. Later, it was me who came forward to resolve the conflict between Youku and Kuliu. Both of them were successfully listed."

Zhang Yinlei nodded. He was actually more concerned about the pressure on Boss Zhou, "If it's okay on your side, then it'll be okay. It's easy for Fantuan.com to talk about."

Zhou Buqi smiled and said, "Isn't Inamori Kazuo here? I'm going to see him with Boss Ma. If any of you are free, you can join us. Inamori Kazuo admires Wang Yangming's philosophy of mind the most. Take the essence and discard the dross. .'In the philosophy of mind, 'To Conscience' is the essence."

Wang Xing said solemnly: "Yes, when doing business, you still have to follow your heart, embrace your conscience, do what you think is just, and not be influenced by external things."

Zhou Buqi's eyes were distant and he said calmly and firmly: "If you really can't do some things, then don't do them. I would rather not do them than join in the slander. Don't say that history is like a knife, at least I can have a clear conscience, and time can Explains everything.”

Zhang Yinlei has a good attitude and is confident, "Yes, we are not short of money anyway. The sky is huge."