Reborn in 2011, 985 missing from two copies

Chapter 754 Extra: Lin Song and the King Meet! Listing and Harvesting! (New book released)

2019, April 6.

China has issued 5G licenses, marking the start of commercial 5G services.

The following day, Xingyi Technology released the first 5G terminal licensed mobile phone in China—the xphone 9!

In fact, the previously released StarX6 and last year's Xphone 8 series also support 5G.

However, 5G had not yet started in China at that time, and there were no domestic 5G terminals to support it.

It is worth mentioning that Xingyi Technology had only a small number of patents during the 3G era.

Even in the 4G era, Starway Technology's number of patents was less than that of Qualcomm and Nokia.

However, in the 5G era, Xingyi Technology's core 5G patents account for more than 15.13%, ranking first in the world.

Huawei holds 12.11% of the number of core 5G patents, ranking second globally.

Qualcomm, which ranked second in its previous life, fell behind in the 5G era due to being severely defeated by Xingyi Technology. It barely managed to take third place, but its market share was only 5.8%!

LG, Samsung, ZTE, Ericsson, and Nokia all accounted for around 5%, ranking fourth, fifth, sixth, seventh, and eighth respectively.

Xingyi Technology, Huawei, and ZTE together have directly secured one-third of the core 5G patents.

It can be said that Southeast University will take the lead in the 5G era!
Apple, on the other hand, was in a bind. Although the iPhone 11 was successfully released, its configuration was far inferior to the Xphone 9, and it still did not support 5G.

This has greatly harmed Apple users.

Apple's stock price also plummeted again.

However, Wang Yi did not appear at this press conference; Zhu Changlin hosted the entire event.

On the contrary, Wang Yi was carefully reviewing the prenatal checkup report at that moment, and only after confirming that there were no problems did she breathe a sigh of relief.

Lin Shu, heavily pregnant, smiled gently on the bed:
"You're not attending the Xphone 9 launch event. Ele.me is about to go public, you'll definitely be even busier, so you won't need to accompany me to every prenatal checkup."

"Moreover, there are two professional medical teams on duty 24 hours a day, so there won't be any problems."

Since becoming pregnant, Lin Shu noticed that Wang Yi seemed like a different person, becoming unusually cautious.

Lin Shu originally planned that once she got pregnant, she could just go to a maternal and child health hospital, which was very professional.

But Wang Yi refused and quickly acquired a small private hospital.

They also spent a huge sum of money to hire the most professional medical team to serve Lin Shu.

This level of caution is even somewhat excessive.

But there's nothing we can do; according to her due date, Lin Shu won't give birth until next year...

Wang Yi couldn't say for sure whether the future situation would be exceptionally severe.

We have to be extremely careful!

Wang Yi walked to Lin Shu's side and said gently:
"It's alright. Song Sining and the others are keeping an eye on things at the company, and there's a professional team handling the IPO. I'll just make a brief appearance at the end."

"That's good. But President Song is indeed a very outstanding person," Lin Shu said softly.

Wang Yi's heart skipped a beat, but he remained calm on the surface and said:
"My Shubao is even better! Not only did she make Bawangchaji a big success, but she also gave me a baby. Her achievements are outstanding!"

"Hmph, you know that already." Lin Shu feigned arrogance: "Do you prefer a son or a daughter?"

"I like them both, but if I had to choose, I'd say daughter. Who wouldn't want a little darling?"

Wang Yi laughed and said that he didn't want Lin Shu to feel pressured.

Although it's 2019, many places and families still have a preference for sons over daughters.

But Wang Yi didn't care about any of that.

After all, it is the male genes, not the female genes, that determine whether a boy or a girl!
Ultimately, the pressure falls on women.

Some mothers-in-law even blame their daughters-in-law, saying, "It's all your fault for being useless; you only gave birth to money-losing babies!"

This is really going too far.

But this doesn't exist in Old Wang's house.

After learning that Lin Shu was pregnant, the two elders couldn't sit still and came to see Lin Shu many times.

Wang Shulin was still thinking of taking care of Lin Shu herself, but after seeing that Wang Yi had made all the necessary preparations and that the medical staff were very professional, she left with peace of mind.

This private hospital is well-equipped and very advanced, but it is located in a remote area, far from the city center.

The hospital has several separate buildings and many luxury suites.

This was Wang Yi's contingency plan, and he might actually need it in the next three years.

Always prepare for the worst!

Wang Yi's principles of conduct remain unchanged.

Wang Yi stayed with Lin Shu for several days until the day before the listing, when he left Jeju Island and flew directly to Hong Kong Island.

Ele.me is going to list on the Hong Kong Stock Exchange.

The difference is that the current Ele.me is more like the Meituan of its past life.

In addition to Ele.me food delivery, Ele.me supermarket instant delivery and group buying services have also been launched!

Of course, Ele.me's group-buying business and Douyin's group-buying business are the same; they belong to the same company.

When I open a group-buying site on Douyin and place an order, it still shows the Ele.me platform.

There's no other reason than that Douyin is unlikely to go public for the time being, so Wang Yi is focusing his resources on Ele.me, making Ele.me bigger and going public!

Not only that, even Eleme grocery delivery has been launched!
In the future, consumers will be able to handle all their food, drink, accommodation, and transportation needs with just one Ele.me app.

In its previous form, the community group buying business was first launched by Meituan Youxuan in July 2020.

But this time, Ele.me Grocery was launched as early as May.

This is also in preparation for the future.

Over the past few months, Ele.me Grocery has grown rapidly.

Young people, in particular, are exhausted from work and don't have time to go to the supermarket, but ordering groceries on Ele.me the day before and receiving them the next day, with good quality and low prices, is still a great option.

Unlike his previous life with Meituan Youxuan Duoduo Maicai, Wang Yi is very particular about quality.

The vegetables purchased through Ele.me are all shipped directly from vegetable bases in Shouxian County, ensuring top-quality produce.

The fruits are also shipped directly from their place of origin, and their quality is not much different from that of supermarkets.

But the price is much cheaper.

By eliminating middlemen and their markups, consumers can buy the same quality fruits and vegetables at 70% of the price in supermarkets.

Fruit farmers and vegetable production bases will no longer be squeezed by layers of traditional channels, and will be able to achieve higher sales and more profits.

It can be said that this cooperation has achieved a win-win-win situation for fruit and vegetable farmers, consumers, and Ele.me.

But those in the middle of the chain suffer losses.

But there's nothing we can do. Times always change.

As for the claim that it has robbed small vendors of their future...

In reality, the future of small vendors will not be taken away. Even if dozens of group-buying platforms existed in the previous life, small vendors could still operate as usual.

What they're really stealing is the cake from those unscrupulous merchants.

They originally monopolized the distribution channels to drive down prices, buying fruit from farmers for a few cents a pound and then selling it to supermarkets for two yuan a pound, which in turn sold it for five yuan a pound.

Now, Ele.me buys groceries directly from farmers for one yuan per kilogram and sells them all over the country for three yuan per kilogram!
Fruit farmers earn more, and consumers also benefit.

Ele.me's food delivery business is already unparalleled nationwide.

With the full support of Xingyi Technology, Douyin, and Changliao, their group-buying and grocery delivery businesses quickly became number one in the country.

With so many businesses, all number one in the country, it's easy to imagine how smoothly Ele.me's IPO went.

Its market value has continued to rise.

On its first day of trading, Ele.me's market capitalization reached HK$12000 trillion!
Such a staggering market capitalization has shocked the world.

There's no way around it; Xingyi Technology is too powerful, yet only Ele.me is listed on the stock exchange.

Since shareholders and investors can't invest in Xingyi Technology, they can only invest in Ele.me!
But Wang Yi knew that this was just the beginning.

Next, Ele.me's market value will continue to soar.

Under special circumstances next year, reaching a market capitalization of 2.5 trillion yuan would not be a problem.

A market capitalization of three trillion yuan by the year after next is entirely possible!

In its previous life, Meituan's market value was only HK$4000 billion in 2019.

By 2020, it had exceeded 1.5 trillion yuan, and at its peak it approached 2 trillion yuan.

Its peak market capitalization in 2021 was HK$2.6 trillion!

Ele.me rushed to go public in 2019 and launched Ele.me Grocery in order to replicate Meituan's success!
After the celebration banquet, Wang Yi and Song Sining spent a wonderful evening together.

"You only came the day before the IPO. It's a bit much for you to be a hands-off boss, making me responsible for everything!"

Song Sining felt somewhat resentful.

What is Wang Yi busy with?
How could she not know!

Since Lin Shu became pregnant, Wang Yi has been busy in every way, spending time with Lin Shu.

"Si Ning, I..." Wang Yi was speechless for a moment, not knowing how to explain it.

Song Sining smiled sweetly: "Silly boy, I was just teasing you."

“Our relationship is destined to remain secret, and you can’t stay single forever. So find a time to get married to her. I understand.”

"This..." Wang Yi didn't know what to say.

He could only hug Song Sining tightly and say, "Thank you."

"Hmph! The gratitude I want isn't just empty words."

"Okay, what do you want?"

I want a child too!

As she spoke, Song Sining kissed him...

On February 2, 2020, Wang Yi became a father.

Lin Shu gave birth to a son for her.

"Oh, I wish it were a daughter," Wang Yi said with a smile.

"Tch, stop acting all innocent after you've gotten the benefit!"

Lin Shu said with a smile.

How could I not know that Wang Yi had previously said he wanted a daughter, perhaps to avoid putting pressure on her?

As the saying goes, men like pure women, but they can't resist S-types.

Similarly, a man may say he prefers a daughter, but deep down he can't resist having a son.

"Xiao Shu, let's find some time to get our marriage certificate and then have a wedding."

Wang Yi sat beside him, holding his son.

"Huh? We're getting our marriage certificate!" Lin Shu was a little surprised and couldn't help but ask, "She agreed to it too?"

"She...you knew about it?" Wang Yi was somewhat surprised.

Song Sining knew about Lin Shu's existence, and Wang Yi thought it was normal.

But Lin Shu also knew about Song Si Ning's existence, which is...

"Hmph! Do you think I'm stupid!" Lin Shu sneered.

"When did you find out, Xiao Shu?" Wang Yi was speechless.

Could it be a sixth sense?
"Many years ago, at a press conference, you passed each other. I knew it from the look in her eyes."

Wang Yi was at his wit's end: "..."

I thought I was having it both ways, fast and safe...

But little did they know, things had already gone wrong.

Both sides were afraid of putting Wang Yi in a difficult position, since if the truth were revealed, they would have to choose one or the other.

No one was certain of winning, and no one wanted to lose Wang Yi.

Moreover, Song Sining is the president of Xingyi Technology, so this relationship is simply impossible to unravel!
They simply pretended not to know, adhering to the principle of "the king does not meet the king".

"Xiao Shu, I..." Wang Yi didn't know what to say.

Lin Shu smiled and grabbed Wang Yi's hand, placing it against her face:

"It's okay. At first I couldn't accept these things either, but I understood them later."

"Just like my relatives, elders, and the entrepreneurs I admire."

“They were all originally upright, loving wives and family-oriented, but I know that they also had mistresses on the side while keeping their wives at home.”

"There are too many, and they are too common."

"Among those successful entrepreneurs, there are very few who are truly clean-living and have never overstepped the bounds of propriety."

“From that time on, I knew that some things couldn’t be said, but it’s enough that you have me in your heart.”

“Especially after I got pregnant, you gave up everything, acquired a hospital, hired a top medical team, and wanted to be with me 24 hours a day!”

"As the chairman of Xingyi Technology, I should be extremely busy, but I never miss a single prenatal checkup."

"Even during such a crucial period as Ele.me's IPO, you deliberately delayed until the day before the IPO before flying to Hong Kong Island overnight."

"You're so good to me, what can I say?"

"I can only give you more children, bother you every day, and pester you!"

"I'll keep you busy from morning till night, so busy you won't have time to rest!"

"Hahaha." Wang Yi laughed, a very happy laugh: "You said it yourself, but I don't want my Shubao to work so hard."

"Let's invite her over in a while and have her be our son's godmother!"

"Xiao Shu, you..." Wang Yi didn't know what to say.

Lin Shu hugged Wang Yi tightly: "Silly boy, she wants me to get our marriage certificate, how can I be petty?"

Lin Shu was so smart that she immediately realized that it was Song Si Ning who had proposed getting the marriage certificate.

Since the other party is so generous, I'm not a petty person either!

Upon learning that Lin Shu wanted to see her, Song Sining, the president of Xingyi Technology, was actually a little nervous.

After mentally preparing myself several times, I finally prepared a generous gift and went to their door.

Of course, Wang Yi was the most nervous.

Let's hope they don't start fighting the moment they meet.

To Wang Yi's relief, the two were surprisingly calm after they met.

In the time it takes to eat a meal, they become best friends, both revolving around their son.

Wang Yi was completely bewildered by what he saw.

While he was in the restroom.

Lin Shu changed the subject: "Si Ning, it's not good for men to work too hard, right?"

Song Sining nodded: "That's right, the two of us are enough."

"I'll take care of things at home."

"I'll defend the company's side."

The two looked at each other and smiled knowingly.

They both understood each other's meaning.

There's no way around it, Wang Yi is just too outstanding.

Few women wouldn't have feelings for a man like that.

Overt competitors are far better than the hidden rivals.

Rather than having more mistresses lurking in the shadows, it would be better for both sides to form an alliance and unite against external threats!
After Wang Yi returned, he felt that the relationship between the two had become more harmonious.

Unbeknownst to them, the two sides were not merely on the surface of harmony, but had secretly formed an alliance!
Wang Yi simply ignored it.

A harmonious family brings prosperity; this is already very good.

It far exceeded expectations.

2020 was an extraordinary year.

Eleme grocery delivery has become a lifesaver for everyone.

Ele.me's market value has reached an alarming level.

It was only HK$1.8 trillion in the first half of the year, but it rose to HK$2.5 trillion in the second half!
Become a miracle!

Wang Yi naturally made a fortune.

Although the real estate market has cooled down in recent years, Xingyi Real Estate has already developed and sold 70% of its land reserves.

Most of them have already been delivered, and the remaining off-plan properties are also being delivered in an orderly manner.

With cabbages at incredibly low prices, Xingyi Real Estate's profits are terrifying, and it's backed by Xingyi Technology, so no one is worried about it becoming a failed project.

Over the past four or five years, Xingyi Real Estate has made a fortune, with money flowing in like a tidal wave, becoming a money-printing machine for the entire Xingyi Technology Group.

Even in the face of a full-scale technological war, or a complete crushing defeat, they remain completely unconcerned.

Not only were they unaffected, but they also became increasingly wealthy with the support of the real estate market.

With ample funding to support research and development in various fields, Xingyi Technology's technological reserves are becoming increasingly robust.

They launched a powerful offensive, causing major European, American, Japanese, and South Korean companies to suffer repeated defeats and become extremely distressed.

Even the head of the government suffered a sharp drop in approval ratings as a result and is about to step down.

By 2020, the real estate advantage had disappeared.

Xingyi Real Estate has fully shifted its focus to high-end residential properties, yet it still enjoys considerable profits.

However, given the current environment, it's no longer as exaggerated as before; it's not like Xingyi Technology's group's money-printing machine.

Everyone thought that Xingyi Technology's rapid development had come to an abrupt end, or even that it would decline.

Unexpectedly, Ele.me experienced a major surge, with its market value soaring to HK$2.5 trillion and continuing its rapid growth.

Without any hesitation, Wang Yi decisively cashed out a portion of his assets.

With this huge sum of money, Xingyi Technology became incredibly wealthy once again.

This made Meituan's Wang Xing extremely envious.

Although Meituan, with the support of Xingyi Technology, broke through the encirclement in the group-buying war and had the last laugh.

But compared to Ele.me, it's nothing.

Especially since it didn't launch its food delivery service this time, Meituan is even less significant compared to its predecessor.

This kept Wang Xing up at night.

With Ele.me's successful IPO and market value exceeding 2.5 trillion yuan, Wang Yi and Xingyi Technology have made a fortune.

Wang Xing was truly sleepless at night, also wanting to go public.

However, relying solely on its group-buying business, Meituan's IPO may be easy, but its future prospects are bleak.

Let alone a market capitalization of one trillion Hong Kong dollars, even 1500 billion Hong Kong dollars would be difficult.

In its previous life, Meituan had a food delivery business with the largest market share in China, but its market value on the first day of its IPO was only HK$4000 billion.

Now, without a food delivery business, and with its other businesses consistently ranking second in market share, it's inferior to Ele.me in every aspect.

That would be a dismal market value.

Because of this, Wang Xing was so worried that he couldn't sleep.

They understand that there is only one way to successfully go public and grow bigger right now—launch a food delivery business and a community group buying service!
Unfortunately, Xingyi Technology and Wang Yi are major shareholders of Meituan.

The food delivery business and community group buying are also businesses of the major shareholder.

Once it goes online, it will be tantamount to going against Xingyi Technology, and it will be tantamount to betraying Wang Yi!
Wang Xing would find it difficult to bear such consequences.

Especially considering Wang Xing's previous betrayal of Alibaba and subsequent move to Xingyi Technology, is he now betraying Xingyi Technology again and moving on to Tencent?

Wouldn't that make one a slave to three masters?

This is tricky.

More importantly, many of Meituan's traffic entry points heavily rely on Xingyi Technology.

This is even more terrible.

Wang Xing felt a headache just thinking about it.

Even though it was late at night outside, Wang Xing still couldn't fall asleep.

He smoked one cigarette after another!
People were walking around in the living room.

Inside the bedroom, the wife could only pretend to be asleep as she listened to the continuous sighs.

There's absolutely nothing I can do to help.

Looking out at the dark night, Wang Xing felt it was just like the future of Meituan—pitch black, with no glimmer of hope in sight.

"Hey!"

"There are only two paths to take right now. One is to betray Xingyi Technology, switch to Tencent, and leverage Tencent's influence to launch a food delivery business and a grocery delivery business, and successfully go public."

"But it will definitely suffer a full-scale retaliation from Xingyi Technology, resulting in heavy losses."

"Moreover, Tencent may not be willing to go against Xingyi Technology. The previous competition between Tencent Taxi and Xingyi Technology's Gaode Taxi was a mild one. Neither side launched a money-burning war. Instead, they united against other platforms and crushed them."

"Now that Meituan has betrayed Xingyi Technology and switched its allegiance to Tencent, it will inevitably trigger a full-scale war between Xingyi Technology and Tencent. But the fear is that Tencent may not want to start a war."

"Sigh, these days, nobody wants to go to war with Xingyi Technology."

"Then we can only take another path: betray Xingyi Technology and return to Alibaba's embrace."

"But will Alibaba accept this?"

"Alibaba also launched Koubei Waimai, but it did a very poor job, not even one-tenth as good as Ele.me."

"But if we integrate Koubei and Meituan, then it might be possible to succeed."

"Based on this principle, there is hope for cooperation between the two sides."

"But what if Jack Ma holds a grudge and resents my betrayal? Then we're doomed!"

"This is not an easy road either."

Wang Xing muttered to himself, then fell silent.

Just then, a voice rang out from behind: "Wang Xing, why don't you go and talk to Chairman Wang openly and honestly, and see what his attitude is?"

"Perhaps the situation isn't as bad as we think?"

"Find Chairman Wang?" Hearing his wife's words, Wang Xing was stunned: "Tell him I want to betray him?"

"Is this something that can be discussed?"

His wife laughed: "It's not about betraying him, but about expressing your worries about Meituan's current predicament. As a major shareholder of Meituan, Chairman Wang also hopes that Meituan will do better, and perhaps he can find a compromise."

"Even if it really doesn't work out, at least we've acted like gentlemen before resorting to petty tricks."

“Well… okay, I’ll give it a try!” Wang Xing nodded.

He wouldn't want to do this unless he was desperate.

We have no other choice at the moment.

The next day, Wang Xing went to the capital city, to the headquarters of Xingyi Technology.

"You really came." Wang Yi smiled faintly.

Wang Xing was startled. What did that mean?
Did Chairman Wang already foresee his disloyalty and his intention to betray Xingyi Technology?

This...this...Wang Xing panicked!
It's even foreseeable that Meituan will be completely overwhelmed by Xingyi Technology!

"It's alright, have some tea." Wang Yi smiled. "I'm glad you came directly to me instead of betraying me."

"Chairman Wang, I..." Wang Xing was sweating profusely and didn't know what to say.

Before he even took any action, only had the idea, Wang Yi had already guessed what he was going to do.

Horrible, terrible!

Encountering such an opponent is a tragedy for all entrepreneurs!

Invincible!

Desperate!

"It's okay, just tell me your thoughts. Just say it directly."

Looking at Wang Yi's calm expression, Wang Xing became even more unsure.

But given the current situation, they have no choice but to take a desperate gamble:
"Chairman Wang, Meituan is going public. Group buying alone is not enough. We need to expand into food delivery and community group buying."

"But these two businesses are in complete conflict with Ele.me, and will inevitably become Ele.me's number one enemy."

"I...I...I don't know what to do."

Wang Yi nodded: "You're right, but I, Wang Yi, am not someone who leaves no room for compromise."

"This time you didn't betray me directly, but instead confessed to me, which saved your life and also saved Meituan."

Upon hearing this, Wang Xing's face lit up with joy: "Chairman Wang, I...I..."

Wang Yi waved his hand: "If you betray me directly, I will use half of Xingyi Technology's energy to crush Meituan and make both Meituan and you die without a burial place."

Wang Xing broke out in a cold sweat. He knew that this was not a problem at all.

Starry Sky Technology has now crippled Apple, Qualcomm, and Nvidia.

They slaughtered the Wall Street financial groups, leaving rivers of blood and fields scarred with blood.

Suppressing Meituan and Wang Xing is like a Nascent Soul cultivator instantly reaching Foundation Establishment.

too easy.

Using only half the energy is giving Meituan too much credit!

"However, your honesty has made me decide to give Meituan a way out, and also give you, Wang Xing, a chance."

"Of course, there's no such thing as a free lunch; you have to pay enough."

"It's my pleasure, Chairman Wang. Thank you so much."

Wang Xing was extremely grateful; he was already thankful for any opportunity he had.

As for the chips?

That's only natural, it's what should be paid.

It's already a great favor that Xingyi Technology didn't crush him.

Wang Yi calmly said, "Meituan can do food delivery and community group buying. The premise is that you find Alibaba or Baidu to invest and take over my shares at a price that I'm satisfied with."

“After that, Meituan was Meituan and Xingyi Technology was Xingyi Technology, and the two kept to themselves.”

"The next direct competition will be between you and the capital behind you. If you are confident that you can beat Xingyi Technology, you can also engage in a price war."

"If there is no confidence, then the two sides can compete amicably, similar to Tencent Taxi and Gaode Taxi."

"If we have money, let's all make it together. Let's not narrow our path."

Wang Xing understood completely.

This is Wang Yi giving Meituan a chance to redeem itself!
Of course, the cost of redeeming oneself is a huge sum of money.

And it was a truly terrifying stroke of genius.

Furthermore, the targets for redemption are clearly Alibaba and Baidu.

Don't even think about Baidu; it's already dead.

That leaves only Alibaba.

The reason it wasn't Tencent is because Tencent has already entered the ride-hailing market, and Wang Yi didn't want them to enter the food delivery and community group-buying markets, thus creating full-scale competition with Xingyi Technology.

This makes the distinction clear.

"Chairman Wang, thank you so much."

Wang Xing was extremely grateful: "Don't worry, I'll go find Alibaba right away and they'll definitely give you a satisfactory price!"

"Go."

Wang Yi waved his hand.

Wang Xing expressed his gratitude repeatedly and left with great emotion.

But what he didn't know was that Wang Yi had other plans.

Now is a special time, which is why community group buying and food delivery have such high valuations, making it a good opportunity to sell Meituan.

There's no way around it; monopolies don't last.

Ele.me is already terrifying enough; to also control Meituan would indeed be a bit greedy.

You're likely to get punched.

On the contrary, selling Meituan to Alibaba would undoubtedly be the best option.

With Alibaba, Meituan, and other smaller platforms in place, Ele.me is no longer suspected of having a complete monopoly.

That way, you won't get hammered.

Moreover, Xingyi Technology sold to Meituan at a peak price and still made a fortune!

Alibaba would have to spend a lot of money to take over the Meituan shares held by Wang Yi.

They can't even afford one Alibaba!
At the very least, it cannot be valued at Meituan's current valuation of HK$1500 billion.

Instead, the valuation will be based on the valuation after the full launch of food delivery and community group buying services and a successful IPO!

That wouldn't be 1500 billion, it would be 15000 trillion!
After all, Ele.me's market value is already 25000 trillion yuan and it is still growing.

Is it unreasonable to estimate Meituan's revenue at 15000 trillion?
As Meituan's largest shareholder, Wang Yi and Xingyi Technology hold 26.32% of the shares!
Alibaba can't do it without spending hundreds of billions.

What? You won't agree?

Okay then, forget about a smooth IPO. Let's talk it over slowly.

Wang Yi believed that Jack Ma would be tempted.

really.

Given the special circumstances of the past few years, food delivery and community group buying have enormous growth potential, especially with Ele.me's market value reaching 2.5 trillion yuan.

Jack Ma was incredibly smitten.

Even though Wang Xing had betrayed him in the past, Jack Ma had no choice but to put aside his grudges for the sake of this huge cake.

But the valuation of 1.5 million was too high, and Jack Ma found it hard to accept.

Therefore, multiple negotiations were held with Xingyi Technology.

Alibaba believes that acquiring the Meituan shares held by Xingyi Technology is reasonable, based on a valuation of one trillion Hong Kong dollars.

After the IPO, Meituan's valuation is expected to reach 1.5 trillion or even 2 trillion, and Alibaba's profits will be considerable.

However, Xingyi Technology believes that the acquisition should be based on a valuation of 1.5 trillion yuan.

The two sides reached a stalemate, neither willing to give in.

This continued for six months.

By the end of 2020, Ele.me's valuation had reached a new high, a staggering HK$3 trillion.

Jack was even more tempted.

Ele.me's market value was previously 2.5 trillion yuan, while Meituan's market value is expected to reach 1.5-2 trillion yuan.

With Ele.me's market value now at 3 trillion, Meituan could potentially reach 2-2.5 trillion!

If they acquire another company at a valuation of 1.5 trillion, the profits will be even more substantial.

Both Jack Ma and Wang Xing were very interested.

However, Starway Technology holds a 26.32% stake and needs to contribute HK$3948 billion!
This huge sum of money is beyond the reach of Alibaba alone.

Left with no other choice, Jack Ma went to Japan again and met with SoftBank's chairman, Sun, once more.

With the collective collapse of European, American, Japanese and Korean giants, SoftBank has had a miserable few years, and the international giants invested in by Sun have suffered heavy losses.

I have a very positive outlook on the East right now.

His interest was especially drawn to Ele.me's market capitalization of three trillion yuan.

In addition, he is already a major shareholder of Alibaba, and the two sides have a close relationship.

When Jack Ma brought it up, the two sides immediately agreed.

Based on a valuation of HK$1.5 trillion, the two parties jointly acquired the 26.32% stake in Meituan held by Xingyi Technology.

But Sequoia Capital, Meituan's current third-largest shareholder, is not happy about this deal and wants a piece of the pie too!

SoftBank and Alibaba Group have no objection to this.

Meituan's future development will also require the strong support of Sequoia Capital.

With Ele.me's valuation soaring and expected to reach 3.5 trillion by mid-year, SoftBank, Alibaba, Sequoia Capital, and Meituan are all very interested, optimistic about Meituan's prospects, and hoping that Meituan can redeem itself as soon as possible.

Launch food delivery and community group buying services as soon as possible, and go public as soon as possible to make big money!
He also worried that as Ele.me's market value increased, Wang Yi's appetite would grow ever larger.

Don't refuse the 1.5 trillion valuation and insist on 1.8 trillion or even 2 trillion!

There's nowhere to cry then.

As a result, all parties reached a consensus and quickly pushed forward with the acquisition!
Furthermore, since Meituan is not publicly listed, this acquisition is beneficial in addressing the risk of monopoly, and all parties are very supportive.

After several months of going through the procedures.

2021年3月15日，星逸科技以4000亿港元的价格，将26.32%的股份卖给了阿里、软银集团和红杉资本。

Alibaba holds 12% of the shares, SoftBank holds 8.32%, and Sequoia Capital holds 6%.

Wang Yi pocketed the HK$4000 billion.

In early 2012, Starway Technology invested HK$4.5 million in Meituan, acquiring a 26.32% stake, which it has now sold for HK$4000 billion!
Wang Yi won the mahjong game.

As soon as the news was released, Ele.me's stock price surged again, and its market value directly exceeded 3.5 trillion yuan.

This shocked many people.

Logically, with Meituan and Xingyi Technology separating and becoming Ele.me's biggest competitor, Ele.me's stock price should have plummeted.

Unexpectedly, instead of crashing, it surged against the trend!

outrageous.

Unfortunately, of all the companies under Xingyi Technology, only Ele.me is currently listed.

The public is optimistic about Xingyi Technology, and since they can't buy other stocks, they can only buy Ele.me.

Moreover, with an additional HK$4000 billion in cash flow, Starway Technology can develop even better, and Ele.me, as its own subsidiary, will certainly also develop even better.

It would be abnormal if it didn't surge.

This gave Alibaba, SoftBank, Meituan, and Sequoia Capital tremendous confidence.

They decisively merged Koubei Waimai and Meituan to rapidly expand their food delivery business, while also expanding into community group buying.

Other shareholders were not idle either, and they also increased their investments to help Meituan grow bigger and stronger, go public, and reach a market value of 2 trillion yuan!
In the following six months, Meituan experienced tremendous growth and rapid expansion.

According to the plan, it will be listed in the second half of 2021, directly aiming for a market value of 1.5 trillion yuan, which will allow the major players to break even.

If we aim for a market capitalization of 2 trillion by the end of the year, everyone can make a fortune!

If we aim for a market capitalization of 2.5 trillion in 2020, everyone can make a fortune!

But ideals are lofty, while reality is harsh.

In September 2021, on the eve of Meituan's IPO, an investigation into internet monopolies was launched.

The situation changed drastically.

Ele.me's market value has plummeted, from 3.5 trillion to 2.7 trillion.

Meituan, which is not yet listed, has not only seen its dream of a valuation of 1.5 trillion yuan shattered, but it is also questionable whether it can maintain its market value of one trillion yuan.

However, the IPO plan had gone wrong, and investors couldn't wait any longer.

This kind of investigation can't be completed in a short time.

Meituan had no choice but to bite the bullet and go public.

The valuation was simply lowered from 1.5 trillion to 1 trillion.

Even so, the stock price still fell below the issue price on the first day of listing.

Meituan's market capitalization on its first day of listing was only HK$8000 billion.

Wang Xing is alright; he also made some money from the 8000 billion.

But Alibaba, SoftBank, and Sequoia Capital are now kicking themselves.

They acquired Xingyi Technology for 1.5 trillion yuan!
The stocks that were bought for HK$4000 billion are now only worth a little over HK$2000 billion!

Nearly half of the assets have been lost!
More importantly, Meituan's market value is still declining.

In just two days, its market value dropped to HK$7500 billion.

Alibaba, SoftBank, and Sequoia Capital all suffered huge losses from this deal.

The three companies combined suffered a staggering loss of HK$2000 billion!
Starry Sky Technology, on the other hand, won big, getting HK$2000 billion for free.

Jack Ma was devastated.

SoftBank is devastated.

Sequoia Capital was absolutely kicking themselves.

Wang Xing was equally bewildered: "Could it be that all of this was part of Chairman Wang's plan?"

"They said they were giving me a chance to get Meituan to redeem itself, but the result was giving Meituan a chance to cheat Alibaba, SoftBank, and Sequoia Capital, and give Xingyi Technology 4000 billion?"

"That's too ruthless!"

After all, everyone knows the current situation; the circumstances have changed.

Meituan will never reach HK$1.5 trillion, or even HK$1 trillion, in its lifetime.

Wang Yi's escape from 1.5 trillion yuan was nothing short of a stroke of genius.

Alibaba, SoftBank, and Sequoia Capital became the ones who took over at high prices and were badly burned.

The major shareholders lost HK$2000 billion and did not have enough funds to support Meituan's development, let alone compete with Ele.me.

As expected, despite launching food delivery and community group buying services, Meituan's efforts were small-scale and far less successful than Ele.me.

It can be said that Meituan and Ele.me in this life are almost the opposite of Meituan and Ele.me in the previous life.

The original work of Yihe.

Jian Ziyan massaged Wang Yi's shoulders:

"Chairman, you've made a whopping HK$4000 billion this time, reaping huge profits from Alibaba, SoftBank, and Sequoia Capital. Hahaha. I reckon they won't be laughing for the next two years."

"It's just basic stuff." Wang Yi smiled faintly. "I originally wanted to take over Alibaba and SoftBank, but I didn't expect Sequoia to come along and die. So I can only take them all."

Wang Yi had long been prepared for this attack.

He knew that Alibaba couldn't handle HK$4000 billion, so it would definitely have to turn to its major shareholder, SoftBank.

Unexpectedly, Sequoia Capital also came to their doom.

Alright, let's harvest together!
"So handsome!" Jian Ziyan's eyes sparkled with admiration.
"A man like this is an unparalleled god."

"It's just that President Song has been a bit too much lately, keeping a close watch on me, and I haven't had many opportunities to get close to the chairman."

"I only had this opportunity today because Song Sining was preparing for the launch of the new Xingyi Auto S9."

"Opportunity knocks but once."

"I'll get Wang Yi drunk tonight, hmph!"

P.S.: A 9300-word bonus chapter is included. My new book, "Reborn in 2008, Starting a Business as a Heretic," has been released. It's a very interesting entrepreneurial story, please support it! Please cherish it, thank you!

(End of this chapter)