Huayu: From Prisoner to Movie King

Chapter 614: Jingmeifan Alliance

[PS: The valuations involved in this chapter refer to the actual situation of JD.com and Sina Weibo at the same stage, and are not fabricated out of thin air.]

Compared with Liu Qiangdong to JD.com, Ma Yun to Taobao, and Ma Huateng to Tencent, the bond between Wang Xing and Meituan does not seem that close.

At least when Xu Kun was a cellmate in his previous life, he had only heard of Meituan and Ele.me, but had never paid attention to who the bosses of these two companies were.

Now that I suddenly find that I have accidentally "picked up" the founder of Meituan, the next thing will naturally be easy.

After Xu Kun made his famous statement, "I, Xu, have invested in this project," Wang Xing also briefly outlined his entrepreneurial ideas.

The main thing was to learn from the previous failures and take a more down-to-earth route, emulating Taobao's early promotion model, adopting a combination of online and offline methods, and developing more ground-based teams for offline marketing.

After all, his goal this time is to occupy the mainstream catering and tourism industries with individual businesses. Before they have established a sufficient sphere of influence, these small businesses will not take the initiative to list their resources on Meituan without face-to-face contact and promotion.

As for group buying of movie tickets, we will have to rely a lot on Xu Kun's influence in the circle.

When Wang Xing was describing the future strategy, Xu Kun did not ask particularly detailed questions because he already had a relatively clear impression of Meituan's future.

Instead, it was Liu Qiangdong who kept asking questions over and over again. Even after he finally confirmed that Wang Xing's approach was indeed different from JD.com's and that there would be no conflict for the time being, his frown did not completely relax.

In other words, the more feasible Wang Xing's plan was, the more difficult it was for him to relax.

Finally, Liu Qiangdong suggested: “JD.com should also take a share—after this round of financing.”

Before Wang Xing proposed these businesses, perhaps they had nothing to do with JD.com, but now that he knows about them, they may not be the future development direction of JD.com.

By getting involved now, regardless of whether Wang Xing succeeds or fails, we can accumulate experience and lessons. If there is a suitable opportunity in the future, Meituan can also change its name to JD Meituan.

Wang Xing glanced at Liu Qiangdong and vaguely guessed what Liu Qiangdong was thinking, but he felt that he had learned a lesson and would never let Meituan fall into the hands of others again.

Moreover, if his vision can be realized as soon as possible in the future, it is not certain who will swallow up whom!

Xu Kun naturally noticed that both of them had some extra little thoughts, but he didn't care. Now he half actively and half passively seized the three major trends of e-commerce, group buying, and Weibo. Even if he was liquidated in the future, the financial power he controlled would definitely be astronomical.

In that case, what is there to worry about?
Besides, Liu Qiangdong and Wang Xing are not of the same mind, so it will be more convenient for me to manage them in the future.

Now, the biggest problem for Xu Kun is who will take charge of Fanfou after Wang Xing leaves.

In this regard, Wang Xing suggested: "In fact, since Director Xu is in charge of the general direction, there is no need for Fanfou to find someone to take charge of the overall situation. Rong Jun, as the executor, will definitely have no problem stabilizing the situation of Fanfou."

After a pause, he added: "When I leave Fanfou, I will also transfer part of my shares to him."

"Mu Rongjun?"

To be honest, this is not a good choice. After all, Murongjun and Wang Xing have too deep ties.

But at this time Xu Kun's shortcomings were exposed. He did not have any suitable business talents at all. This was also the biggest reason why he was unwilling to interfere too much with Liu Qiangdong - if Dong Ge was squeezed out, he would not be able to run JD.com by himself.

And putting aside the factor of Wang Xing, Murongjun, who is a technical expert and has been involved in the management of Fanfou, is indeed a safer choice.

So in the end Xu Kun chose a compromise plan: "Mu Rongjun is indeed a suitable candidate, but he is a technical person after all, and he is somewhat lacking in management. Brother Dong, can you spare one or two management talents from your side? It can also be regarded as supporting the brother unit."

"Is this..."

Liu Qiangdong pretended to be hesitant, but he was actually very happy in his heart.

JD.com’s current thriving performance is inseparable from the support of Fanfou + celebrity group buying. At least in the next one or two years, the importance of Fanfou to JD.com is unquestionable.

This relationship is currently mainly maintained by Xu Kun, but we cannot always ask Xu Kun to smooth out all matters, big or small.

If someone from JD.com becomes the senior executive of Fanfou, communication between the two sides will be much more convenient in the future. So he pretended to hesitate for a while, and then said decisively: "Since you, Old Xu, have spoken, I can only reluctantly give up - let Zhang Qi and Xu Lei go over to help Director Mu for a while.

There is no need to mention Zhang Qi. Xu Lei is currently the head of Jingdong's marketing department. He also proposed a promotional event in the middle of last year. Although it is not as thorough as your plan, we can say that great minds think alike. "

Brother Dong, this is really rude.

Zhang Qi was his first employee, and had been following him diligently since she was 16 years old. The wives he married were all JD employees, and their abilities were secondary, as their loyalty was basically maximum.

Xu Lei is known for his ability and talent, so it would be a double insurance for these "one loyal and one capable" to go to Fanfou.

So this morning, the future alliance of JD.com + Meituan + Fanfou was initially established.

Next, the three of them talked about financing.

Xu Kun acquired shares in JD.com on January 1 this year, and it is only a few days away from half a year. During this period of time, JD.com has risen from the quagmire and has basically secured its position as the second largest e-commerce company.

The direct impact of this is that JD.com's commercial value has also seen a huge explosion, with the total valuation increasing tenfold from 5 million yuan when Xu Kun invested in the company to more than 7 million US dollars.

If Tiger Fund wants to acquire shares at this time, it must accept a certain premium, so the final valuation will most likely reach US$10 billion.

By then, even if Xu Kun's shares are diluted to a certain extent, the value will definitely not be less than 10 billion yuan.

The situation on Fanfou is even more promising, as it has more than 50 million registered users, a very high proportion of active users, and the presence of many celebrities. Its current valuation has already caught up with that of JD.com, and Xu Kun acquired nearly half of the shares at a very small cost two months ago.

This means that once the financing is successful, his net worth is likely to skyrocket to more than 30 billion. If ranked according to last year's Hurun Rich List, he would probably be ranked around 250th.

Even though Liu Qiangdong and Wang Xing each had grand plans, they still couldn't help feeling a little jealous after roughly calculating Xu Kun's worth.

Although both of them admitted that Xu Kun deserved the money, without his efforts to open up the "industrial chain", the two companies would not have such a high valuation.

But the problem is that all this was achieved in just half a year, which is too...

At this time, Xu Kun smiled and said, "When JD.com, Fanfou, and Meituan develop, this will only be a small fraction. You two, the most important thing for us now is to stay calm and not let those investment banks underestimate us."

Liu Qiangdong took a deep breath, gave Xu Kun a thumbs up and said, "Director Xu is indeed a man who can accomplish great things. He remains calm even when faced with a huge challenge!"

He was really convinced. If Xu Kun was a rich second-generation like Wang Xing, it would not be surprising that he could remain calm when faced with 3 billion yuan at his fingertips.

But Xu Kun, like him, came from a poor background and had not been to school much. He even worked as a gangster for a few years. Liu Qiangdong knew very well what gangsters in the county were like.

With such experience, Xu Kun was able to remain calm when faced with 3 billion yuan at his fingertips. This is really impressive.

Wang Xing had the same feeling.

Another reason why he was unwilling to be inferior to Xu Kun was because of his pride as a top student at Tsinghua University. He felt that working for Xu Kun, a person who had escaped the compulsory education system, was a waste of his years of hard study.

But at the same time, after spending a long time in contact with Xu Kun, he had to admit that this man, who was a few years younger than him, possessed a certain unique charm and confidence.

In fact, both of them overestimated Xu Kun.

Of course Xu Kun was very excited about the 3 billion, but the problem was that 3 billion was so insignificant compared with the prospects of Meituan, JD.com, and Weibo.

Considering the grandeur of the future, it is not surprising that he can suppress his current emotions.

This is probably the calmness that belongs only to those who are reborn.

(End of this chapter)