Chapter 3196: Fierce Rice Balls

Fantuan.com has developed very quickly.

It is a rising star in the industry based on O2O Internet, and it can be said to be a landmark enterprise in the domestic O2O field.

Internet companies often have the same growth path, whether in Silicon Valley or in China, that is, they start very quickly. Once they step on the wind and seize the opportunity, they can often become large companies in the industry, or even giant companies, in a few years.

In such a short time, it has developed into a super-large company...

Behind this, there must be all kinds of bad means brought about by barbaric growth. Facebook, YouTube, Yahoo, Google, Amazon, eBay, Alibaba, Baidu, Ziweixing... Every one of them has a very shameful black history during the growth period.

The difference between China and the United States is that after the Internet companies in Silicon Valley become big, they will quickly adjust their strategies, either losing money, compensating or signing a settlement agreement, and they will quickly clean up.

It is not the same in China.

Many people have received irregular dividends and benefits, and they lack the motivation to change. Coupled with the loose society and insufficient pressure from the regulatory layer, everything is centered on economic development and nothing else matters, which has led to many companies developing into industry giants, and there are many unruly means.

Fantuan.com is still in the stage of barbaric development.

All kinds of negative news are really overwhelming on the entire network.

Zhou Buqi didn't want to participate.

But there are too many negative topics on Weibo recently, so he had to get involved.

He could only come forward to talk to Zhang Yinlei and Wang Xing.

As the big boss, Zhou Buqi usually doesn't participate in the specific business of Fantuan.com, and even doesn't participate in the formulation of strategies. It's completely done by Zhang Yinlei and Wang Xing. The effect is also very good. In addition to the takeaway business, it has also launched review business, movie ticket purchase business, renting houses, renting stores, booking hotels, and buying air tickets...

In the past year, Fantuan.com's annual transaction volume reached 55 billion yuan, an increase of 210% compared with the previous year.

So at the meeting at the beginning of the year, Fantuan.com shouted a slogan that shocked the entire network. This year's mission is to break through 100 billion!

And this requires money.

The meeting Zhou Buqi attended was a financing meeting, Fantuan.com was going to start the D round of financing.

It was of course possible to ask for money.

It was discussed at the meeting that Fantuan.com would release 10% of its shares in this round of financing, and it was expected to raise $1 billion.

After raising the money, Fantuan hoped to speed up the layout of the hotel and tourism business and improve the industrial chain. To this end, it would spend $40 million to acquire an online travel website to obtain its "air tickets", "hotels", "train tickets", "vacation", "play together" and other businesses, so as to fully integrate resources.

Zhou Buqi had no doubts about this.

He also said that Ziweixing could lead the investment and attract several heavyweight foreign investment institutions such as Atlantic Capital, Sequoia Capital, and Temasek Capital to participate.

At the scale of Fantuan.com, it is not enough to rely on domestic capital alone.

Even if domestic capital has money, it should be restrained and try to introduce strong foreign capital as much as possible.

In many cases, foreign capital is a protective umbrella.

When faced with pressure, domestic capital often dares not to speak, and does not show the power of capital at all. Not only does it not have the power of capital, but it is also suppressed every day. Even its own legitimate interests dare not fight for it. Its backbone has been broken long ago.

Foreign capital is different.

In order to protect its own interests, foreign capital does not care so much. Who cares who you are? If you want to harm me, then I will fight you.

Fantuan.com is about to become the next Internet giant in China, so it needs to find some powerful foreign capital to come in and form a community of interests. This is basically a general consensus among various industry giants in China.

After the investment meeting, Zhou Buqi went to the small office with Zhang Yinlei and Wang Xing.

Zhou Buqi talked about his worries, "There are too many negative news about Fantuan.com recently, right?"

Wang Xing didn't care, and smiled and said: "Too much negative news can only mean that Fantuan has developed too fast and put too much pressure on competitors. After this round of financing, we will fully enter the hotel, air ticket and tourism industries, which will have a great impact on Qunar.com and Ctrip."

Zhang Yinlei is a tall man.

In the past few years, I felt that I was a bit hunchbacked.

It has changed in recent years. Maybe he found a body shape teacher to adjust it, or maybe the great success in his career has brought him great confidence and sense of accomplishment, and his back is straight.

Zhang Yinlei said excitedly: "Boss Zhou, if you pay attention to the news, you should have heard that Baidu is making a big move again!"

"Well, Baidu is actively planning its O2O business and is attacking in an all-round way." Zhou Buqi was not worried about this at all, "Don't worry too much about Baidu."

Zhang Yinlei said: "Their moves are not small. Baidu is a shareholder behind Qunar.com and Ctrip, especially controlling Qunar.com. Now, Fantuan.com is aggressively entering the O2O industry of hotels, air tickets and travel. Baidu is scared."

"Oh?" Zhou Buqi suddenly remembered something, "Yes, the news seems to say that Qunar.com and Ctrip are going to merge?"

Zhang Yinlei said: "Yes, it is Baidu that is promoting this matter."

Wang Xing smiled and said, "It is said that this year will be the most important year for industry integration. Many declining companies need to strengthen competition through integration. Not only Baidu has taken action to promote the merger of Qunar and Ctrip. Penguin has also taken similar actions. They want to promote the merger of 58.com and Ganji.com."

Zhang Yinlei was quite proud, "They are all oppressed by us! Fantuan is very vigorous now!"

Wang Xing said, "Fantuan should establish an industry ecosystem. All local Internet O2O services should be responsible for Fantuan.com. We can even boldly imagine that in the next ten years, companies such as Qunar, Ctrip, Ganji, and 58 will no longer exist because their businesses overlap with ours. Under the competition of Fantuan.com, their days will only become more and more difficult."

Zhou Buqi laughed and said, "Now the market share of Douban and Damai has been taken away by you!"

A few years ago, Damai.com was the largest platform for purchasing movie and theater tickets in China.

It was acquired by Jieyu Media.

In addition, Douban also launched an online movie ticket booking service, which was also very good at the beginning and was considered the second in the industry. It just doesn't offer tickets for theater performances such as dramas and operas. Unlike Jieyu Media, which has more industry resources, you can even buy tickets for People's Art Theater dramas, Deyun Club crosstalk, Happy Twist comedy and Zhixin Theater Club's new operas on Damai.

However, after Fantuan came in, it was very fierce.

Douban and Damai were a little overwhelmed.

Wang Xing said indifferently: "The market for movie tickets is too small. Fantuan does this mainly to provide an additional traffic entrance. If necessary, these platforms can be integrated. There is no need to ban anyone's brand. One team and three shells will do. Anyway, we are all one family."

Zhang Yinlei nodded, "Integration is the main theme of this year."

Zhou Buqi also agreed with this.

Because he was also secretly colluding with Boss Ma, trying to secretly integrate Didi and Kuaidi, and then unify the domestic online car-hailing market.

He can do this kind of thing, and others can do it too.

The difference is that Fantuan.com is full of vigor and high morale. It doesn't care about the integration of 58.com and Ganji.com promoted by Penguin, or the integration of Qunar.com and Ctrip.com promoted by Baidu.

They have the spirit of "fighting with all odds and blocking with earth".

They are not afraid of the newcomers!

"I have read all the emails you sent me. I agree with your strategy for Fantuan.com and the business operation. To be honest, you have done a great job. Even if I did it, I couldn't do better than you."

Zhou Buqi spoke the truth and gave the greatest praise.

Wang Xing joked: "When raising funds, just give more money. The development is too fast, and the money is burned too fast. Last year, we raised $600 million, and now there is less than $200 million left in the account."

Zhou Buqi frowned and said: "However, those negative news should still be paid attention to. How unethical is it to fire a pregnant female employee?"