The richest man starts with a blind box

There is one less competitor, which is undoubtedly a huge good news for Dida Waimai. Therefore, the listing work of other food delivery companies in the United States continues to advance, and they are about to go public with financing.

Of course, this is not without problems. For example, although orders and riders are constantly recovering, the expenses of each branch are increasing day by day. Almost none of the branches can make money normally, and all of them are in a state of losing money.

However, because in the subsidy war before, the loss was much higher than this, and hundreds of millions were paid out every day, so Chen Hu didn't pay much attention to these losses.

Completely ignoring the fact that the company has not continued to provide subsidies at this time, so the various branches should start to make money logically.

All this should have continued fairly smoothly, but a black swan incident that no one expected occurred. The outbreak of the LJ door incident directly led to a severe setback in the US stock market, and Microsoft's stock plummeted.

Of course, these things have nothing to do with Dida Takeout, but the problem is that Nasdaq’s US stock market, because their system also uses the Windows system, they are very afraid that their data will be kidnapped by hackers, after all. As a result, stock markets around the world may be about to collapse.

So Nasdaq immediately announced a three-day suspension to upgrade and maintain its own computer system, and the original listing will naturally be delayed.

Originally, three days was not too long, and it was used to maintain the security of their own data. Shareholders could understand that, after all, no one wanted the data of the stock market to collapse directly.

But the problem is that three days seems not enough, and the problem of data security is still not solved, so it was extended for two days, and then simply extended for another week. In the end, Nasdaq suspended trading for 18 consecutive days. Created a super historical record of suspension caused by virus.

Originally, the 18-day suspension had no effect on Tick Takeaway, but the problem is that a company's database was hacked during this period.

Hackers around asked this company for a ransom of 3000 BT. According to the market price at this time, the ransom is about 300 million US dollars.

The company naturally refused, because they made a backup very wisely and were not afraid of their own data being locked.So the hacker became furious and simply published the data directly on the Internet, which directly caused an uproar.

The company whose data has been frozen is called Muddy Water. It was established 6 years ago. It is a financial institution specializing in short-selling, and it especially likes to start with China concept stocks.

In the past 6 years, 16 Huaxia companies have seen their share prices plummet because of their short-selling reports.

One of the most famous companies is probably known as the leek harvester in the United States, the Nasdaq mudslide, the nightmare that US stock investors cannot avoid, the successor of the spirit of internationalism that nurtures Eastern consumers with Western funds, and a coupon without emotion. Kalixi, the machine, the pot-washing class, and the uncrowned king of the 2019 World Money Burning Contest, Rui·Light of Domestic Products·Lucky.

Because of a short-selling report by Muddy Waters, Ruixing’s stock price plummeted directly, and the entire management team was completely replaced, almost being expelled from the US stock market.

But the miracle is that this company not only survived in the end, but also started to rise against the trend after 2021. Now it has surpassed Starbucks and has become the most popular coffee chain in China's local market. Its market share is even higher than before it was shorted. Ask for more.

Closer to home, Muddy Waters seems to be targeting the soon-to-be-launched Tick Takeout this time. Among the more than a dozen short-selling reports that have been exposed by hackers this time, but have not been exposed to the outside world, the first one is the short-selling report on TickTick Takeaway.

According to this short-selling report, although according to the prospectus of Tick Tock, Tick Tick achieved a new increase in market share in the second half of 2015 and the first two months of 2016.

The two most critical data, that is, the number of daily customer orders and the number of riders, are constantly growing.

The number of daily customer orders has returned to 80% of the peak period, and the number of riders has even surpassed the number of riders at the peak. On average, each first-tier city has more than 1200 riders, and Shanghai, which has the largest number of riders, has exceeded 1.3 people.

Muddy Water’s report expressed doubts about this data, but the problem was that they couldn’t get the detailed internal data of Tick Takeout, so they once again used the most stupid method they tried and tried, and hired 100 groups of employees respectively. .

Each employee consists of two people, one of whom is responsible for holding a terminal and taking continuous pictures of a takeaway shop with more than 2000 orders per month on Dida, and Liren is responsible for recording them with a pen and naked eyes See the color of the rider.

After all, it is very easy to distinguish between the riders who take out the food and the riders who are hungry. The riders who take the food are in yellow clothes, while the riders who are not afraid are in blue clothes.

The entire sampling process lasted for a month. These samplers went to work with the store every morning and left work with the store every night. They faithfully recorded all the riders who entered and exited the store in a day, and there were also detailed videos as evidence.

After a month, the data obtained are extremely astonishing.

Take the most popular store among them called "Laojie Laowang Shengjian". The monthly sales data of this store on the ticking food delivery is astonishing 3.2 orders, and the average order is 1000 orders per day. about.

So even if each rider can take three orders each time on average, there should be more than 300 riders wearing yellow clothes entering and leaving that day.

But according to the final statistical results, only 12 riders in yellow clothes entered the store in one day, and it can be clearly seen from the video that these riders basically only took one order.

And in this store with a monthly sales of over 3.2 orders, there is actually only one employee, and most of his work is boringly swinging the fly swatter to drive away the nearby flies.

And this is not just an example, other shops with hot data on Tick Takeaway are almost exactly the same. The number of riders in yellow clothes who enter and exit every day is pitifully small, basically only about 1% of the total number of people they claim.

What's even more amazing is that only riders in yellow go in and out of these shops, but no riders in blue go in or out at all.

However, this point was quickly explained, because these stores are marked with exclusive cooperation signs, which means that these stores only cooperate with Tick Takeaway, and do not cooperate with Hungry and Not Afraid, so it seems natural that the riders who are not afraid of Hungry will not come to the door. thing.

Among the 100 stores they monitored, 42 were in the same situation, and the remaining 58 were stores with monthly sales of around 2000.

The number of yellow-clothed riders entering and leaving these shops every day is actually more, but compared with the blue-clothed riders entering and leaving, the number is pitifully small.

On average, for every 15 riders in blue, only one rider in yellow can be seen.

And if you open the Hungry Not Afraid APP to compare, you will find that these stores with sales of about 2000 in the last month of Tick Takeaway are basically top-tier stores with sales exceeding [-] in Hungry Not Afraid. No wonder there are so many The riders in blue go in and out, because their takeaway is really delicious.

In addition, the muddy water company also sent 10 teams to guard the 10 street entrances with relatively rich traffic in the city, and then made approximate statistics of all the blue knights and yellow knights passing by this street entrance. Finally, it was concluded that the number of yellow knights was less than 1/20 of the blue knights, which was even more exaggerated than the previous 1/15.

Finally, after comparison of scientific mathematical models, the company reported by Muddy Waters came to the conclusion that the number of riders for Dida takeout at this time is only about 3.82% of that of Hungry Takeaway.

Assuming that the data released by Hungry Food Delivery is true, they have 1.3 riders in one place in Shanghai at this time, then the number of riders in Tick Tok Food Delivery in Shanghai is less than 500.

At the same time, the data advertised by Tick Takeaway that the daily order volume in the Shanghai market exceeds 40 is also false. The real order data is likely to be no more than 4000 orders, which is only less than 1%.

Obviously, after the release of such a report with detailed data and all the data has corresponding video evidence, the impact on the market will be extremely terrifying and huge.

Muddy Waters obviously intends to sell this report to sell short after the stock price reaches a certain peak after Tick Waimai goes public, so as to make a lot of profits.

But in the end, he did not expect to anger the hacker who failed in extortion, and announced the investigation report in advance, making countless shareholders who planned to invest in Tick Takeaway shout lucky, otherwise, when this stock really goes public, they will spend huge sums of money. When it came time to buy its stock, it was too late.

With the announcement of this report, the Securities Regulatory Commission of the United States naturally announced the suspension of the listing process of Tick Takeaway at the first time, and at the same time required Tick Tick to issue a detailed explanation report to explain the data provided in this short report, instead of There is a huge gap in the data on the prospectus announced to the public.

When Chen Hu was sleeping in the middle of the night, he was woken up by angry phone calls from more than a dozen investors. After that, he saw the investigation report from Muddy Water Company in a half-dream.

At first, Chen Hu was very angry, thinking that someone maliciously bribed Muddy Waters to slander him, because Chen Hu knew very well that he had never falsified data, and the data he provided in the prospectus were all true and reliable. There are well-documented records in the company's backstage. Is this obviously a slander by one's own competitors?

If it wasn't for Zhao Yao's phone call, Chen Hu even wanted to call directly, and cursed at Zhao Yao's head.

But after calming down, Chen Hu also thought of some abnormalities in his company's data.

The most important thing is that the video on this short report will not be fake. Why do those stores with amazing sales in their own backgrounds actually look empty?

So on the second day, Chen Hu turned off all his phones, and went to the door of a nearby store with the best sales to spend time in person.

As a result, it turned out that Muddy Waters did not speak up. The store with a monthly sales volume of more than 8000 orders actually had less than 2 riders going in to pick up orders in one morning.

After the third rider finally appeared, Chen Hu finally couldn't restrain the anger in his heart, and directly ordered his subordinates to drag that rider over.

"What are you doing? You can't beat me. If you beat me up, I won't be able to make money to pay off my debts!" ​​The rider was caught by two bodyguards and said in a pleading tone.

"I'm the administrative commissioner of Tick Takeaway!" Chen Hu sighed, "I have some questions for you."

"Don't ask, I don't know anything, and I'm not an employee of your Tick Takeaway!" the rider said quickly.

"You are not our employee? Then why are you wearing our clothes?" Chen Hu asked in surprise.

"I'm really not. I was just forced by your station master to buy thirty sets of employee uniforms. If I didn't wear them, wouldn't all of them be wasted at home!" the rider said helplessly.