2015 public comments not only high-speed change tires, but also want to reform its group buying business

Source: Internet
Author: User
Keywords Volkswagen valuation new round
Tags business carrying change comment financing group group buying group buying business

Summary: Reviews are underway with its latest $800 million trillion in financing, which is estimated at around 4 billion U.S. dollars and is expected to be completed by the end of February this year. In addition to the previous management of Tencent, the investors also included Temasek,

Comments are underway on its latest $800 million trillion in funding, which is estimated at around 4 billion U.S. dollars and is expected to be completed by the end of February this year. In addition to the previous venture capital Tencent, investors in the public comment included Temasek, FountainVest and Wanda Holdings. However, the round of financing has not been clearly finalized, before the end may be the capital and the amount of variables. 36 Krypton has also made a comment to the public, but the official answer is no response.

Last February, "public comment" formally confirmed the strategic stake from Tencent, Tencent accounted for 20% of shares, and has the right to increase 5% of the shares. Public comments CEO Zhang said Tencent shares, the public comments will remain independent operation. And according to our previous interview with Zhang, 2015 public comment not only high-speed change tires, but also want to reform its group buying business, ultimately rely on "service" to win.

As the O2O industry's first rising giants, the general public comments are now under the great challenges of the United States Regiment. The US regiment, which was killed in the Battle of the Thousand, just last month confirmed $700 million trillion in funding, which has been estimated at $7 billion trillion. Another fast-expanding player in the catering business is hungry, and they have just completed a 350 million dollar round of e-finance. But hungry? The two rounds of investment that have been accepted by the public last year, their core business focused on takeout, are complementary to the public comments.

Apart from the marriage of the hungry and Tencent, the public reviews the main investment last year focused on the B-side. They have announced strategic stakes in free WiFi provider Michael, CRM provider for the day information (Dark Horse software), as well as ERP technology provider Tianjin Shanglong, Shanghai Ishikawa, Shanghai Chi Long, shareholding ratio of more than 10%. Zhang himself explains the investment layout of the public comment:

"The core of investment is to cooperate." Partners can be ERP vendors, but also may be other terminal solutions, but also may be the infrastructure providers and builders, and some of the company's business to form a complementary platform ... Connect more traffic sources and more vertical segments ".

Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.