My Age of Investment - Chapter 1543 Gao Peng enters China

   Chapter 1543 Gao Peng enters China

   Time flies, and in a blink of an eye, it is late January.

  Groupon founder Andrew Mason made a low-key visit to China with a group of executives.

   He put his first stop in China in the capital, because there was an old friend of his here.

  In the conference room of Hainei Building, Andrew Mason met his old friend Xia Jingxing, and gave the latter a warm hug as soon as they met.

   "Daren, I heard that you launched a big rocket, which shocked the global technology world. It's a pity that I was on a business trip in Europe at that time, otherwise I would not miss this wonderful scene."

   "Haha, I'll give you a 60-to-1 rocket model later."

   "Awesome! I love this gift."

  …

   Zhang Yong and several senior executives of domestic holdings smiled and watched Xia Jingxing and Andrew Mason bragging and kicking.

   They have all heard of Groupon and know that it is the largest and most popular group buying site in the United States.

   Now the founder of Groupon.com visits the domestic holding group in person.

After    a few words of greeting, Andrew Mason clarified his purpose to Xia Jingxing neatly.

   "Daren, now Groupon has expanded its business to 45 countries including the United States, the United Kingdom, Germany, etc., and its service network covers the entire North America and Europe.

  Our next target is the Chinese market, which is a big market with a population of 1.3 billion, not to be missed! "

   Andrew Mason sat opposite Xia Jingxing, staring straight at the latter.

   He came to China and chose to be the first to see Xia Jingxing, not for the purpose of reminiscing about the past, but for the purpose of business cooperation.

Xia Jingxing's Envision Capital America is an important investor in their Groupon. At the same time, Xia Jingxing is also the chairman and major shareholder of China's largest unlisted Internet company, the domestic holding group. Therefore, if Groupon wants to enter China, Xia Jingxing will naturally become their priority. considered collaborators.

   The consideration here is not only because Xia Jingxing has cooperated with them for a long time, but also because the domestic holding group has extraordinary influence in China.

   With Xia Jingxing's help, Groupon's entry into the Chinese market may be easier and more sustainable than its predecessors like eBay, Amazon, and Google.

   Groupon, which has swept the US and European markets, has rich experience in the operation of group buying business, and domestic holdings only need to help Groupon complete the landing of the Chinese market, and can easily share the huge commercial benefits.

   In Andrew Mason's mind, this cooperation should be a win-win situation, and Xia Jingxing had no reason to refuse.

   "Tell me about your plan." Xia Jingxing said calmly.

   "Groupon invested 50 million US dollars, and domestic holdings invested 50 million US dollars to jointly set up a group buying website independently operated in China.

   I asked a Chinese scholar to help us choose the name. It is called Gaopeng.com, which means that the business is booming. "

  Xia Jingxing smiled, but did not give an immediate answer.

   China's group buying market, he has always paid attention and has a layout.

   For example, Meituan.com took his angel investment, Dianping Dianping has received capital injections from Vision Capital (China) for several consecutive rounds, and Jumei Youpin is also a vision-based company.

Since the second half of last year, domestic entrepreneurs have seen the growth miracle of Groupon in the United States, and then began to copy them. During that time, Chinese group buying websites have sprung up like mushrooms after a rain, and new group buying websites are launched almost every week. established.

   This year, it’s even more scary, with several new group buying websites coming online almost every day.

  Incomplete statistics, at this time the number of group buying websites in China has reached thousands.

   But Xia Jingxing knew that this was far from reaching its peak. At its peak, there were as many as 5,000 or 6,000 group-buying websites on the same stage.

  Who will be the final winner of the Thousand Regiments War?

   is naturally the one or two that are most favored by capital…

   Gaopeng.com chose to enter China at this time. It cannot be said that it is too late. It can only be said that the timing was just right, because the market has been cultivated by local Chinese entrepreneurs.

   But Gaopeng.com in the previous life did not pick fruit in China. Like most foreign Internet companies entering China, they were just passing by.

   The biggest reason for failure, like most foreign companies, is that they are not acclimatized to the environment and improper management.

   Facing Andrew Mason's expectant gaze, Xia Jingxing raised a question with a smile: "Who will Gaopeng.com listen to then?"

  Andrew Mason replied without hesitation: "Our two companies each hold half of the shares of Gaopeng.com, and the rights and obligations are equal, so it is natural for both parties to negotiate and make joint decisions."

   The corners of Xia Jingxing's mouth twitched slightly, the bad things of Gaopeng.com in the previous life were caused by the words "joint decision-making".

   At that time, Gaopeng had two shareholders, one was Penguin and the other was American Groupon.

   In a highly competitive industry, it is not self-defeating what is it?

   In addition, the American team at that time was superstitious about the "successful" experience achieved in the American and European markets, too fast, or unscrupulously grabbing the market, selling fake products on the website, resulting in a plummeting reputation.

   Penguin endorsement is useless, and users are not fools, they know how to vote with their feet.

  From the bottom of his heart, Xia Jingxing was reluctant to cooperate with Groupon. He had already acquired a lot of younger brothers in the group buying field, so there was no need to end up doing such hard work in person.

  Let's not talk about whether it will overturn due to "big company illness", "distraction" and other reasons, even if you win the group buying war regardless of your taste, it is easy to be criticized by Internet peers and netizens.

   Of course, a little infamy is a trivial matter, and the most important thing is whether it will be "anti-monopoly".

Domestic Holdings is different from Fuxing Industry. The latter dominates the field of hard technology, and uses innovative technology and larger scale to wrestle with international giants. The country will not oppose it, but will strongly support it. Policy to policy, Grant land if you want.

   At least in the next ten to twenty years, there will be no worries about "anti-monopoly" and "forced separation" of the renaissance industry.

   But in the Internet industry, the status of domestic holdings is relatively easy to be replaced. Without domestic holdings, there are still Penguins, Ali...

   Therefore, in general, there is no need for Haihai Holdings to go out of the market to do the group buying business in person, just invest and use it as one of the scenarios for expanding the online payment business in the future.

  Xia Jingxing thought for a while and replied, "Well, let me think about it for two days."

   Andrew Mason frowned and said, "Daren, this is a matter that is beneficial to both of you and me. The domestic holding group has traffic, and we have the experience of successfully operating a group buying website..."

  Xia Jingxing waved his hand with a smile and interrupted, "I know everything you said, but I need to consider the overall situation."

   "What else is there to consider? The Gaopeng.com team will be formed next month, and it will be able to spread its business network to hundreds of large and medium-sized cities in China in half a year, overwhelming other group buying websites in one fell swoop, and then make a profit in one year and go public in two years!"

  Andrew Mason seemed extremely confident in the future development of Gaopeng.com, but his performance fell into Xia Jingxing's eyes, and it was another look.

   Being carried away by success, overconfidence is arrogance!

   "Okay, you're right, but I still have to think about it."

   Andrew Mason saw that Xia Jingxing was still unmoved, even a little perfunctory, and knew that his words had not really touched Xia Jingxing.

   He didn't know what Xia Jingxing had to consider, so he couldn't let Groupon give up the controlling stake in Gaopeng.com?

   That's not enough, they were willing to give up half of their shares to Xia Jingxing's face, and it would not be such a good thing to be someone else.

   "Okay, Daeron, I'll stay in the capital for a few more days and wait for your final answer."

   After finishing speaking, Andrew Mason gave Xia Jingxing a deep look, and then left with a dark face.

   Today is the 3rd anniversary of my writing career. I wanted to write another chapter, but my back hurts too much. Let’s talk about it in a few days.

   After seeing everyone's comments and encouragement, I'm a little moved, thank you! I will try my best to write the last paragraph well, there is a beginning and an end, and it is worthy of your company for two years!

   (end of this chapter)