Sudden collapse of the Morning Star, joining and expansion or failure

Source: Internet
Author: User
Keywords Alibaba

Oriental Network March 6 News: According to the news report, yesterday, the domestic express industry has been alarming news: Alibaba Group strategic Investment in the morning of the Star Express company suddenly collapsed overnight, Shanghai branch deserted. Some netizens said that the morning star in Beijing, Tianjin, Shanxi, Hebei and other land in the national Direct transit station also evaporated. At the same time, hundreds of car owners came to the star in the morning of Qingpu in Shanghai before the company, for freight and deposit. Company employees told reporters that they had not been paid for two months.

Last night, the reporter tried to contact with the Morning Star, Chen Ping, the phone is always in no answer to the state. Alibaba Group, which shares its company, said it would not comment. Industry experts said that the management of decision-making errors may be the main reason for the sudden morning of the star shutdown.

Driver: No goods to pull overnight

Mr Zhu is a driver, with Shanghai star Chen Urgent and Xin Feihong signed a contract. All the company Wuxi to Wenzhou goods, all by Mr. Zhu to transport, each trip company to pay Mr. Zhu 2300 yuan fee, vehicle oil tolls, such as road tolls by Mr Zhu himself.

March 3, Mr. Zhu as usual to the company's transit point to take the goods, but found no goods can pull, the transfer station has deserted. Mr Zhu felt bad, considering that he still has tens of thousands of yuan freight transport fee has not been settled, as well as 50,000 yuan deposit in Xin Feihong Company, Mr. Zhu rushed to the QINGPU in Shanghai in the morning of the star Chen Xin Feihong company headquarters.

When Mr. Zhu arrived at the company, he found that the owner who had come to beg for the deposit and freight had already packed the whole company. In the crowd, there are occasional negative information about the company's failure. Zhu said that there are more than 100 east China and his same individual owners, pay the least have a deposit of 50,000 yuan, most of the company owed a hundred thousand of Yuan.

Employee: Not paid for two months

Yesterday afternoon, a star Chen Xin Feihong confirmed the lorry contractor's claim. "We thought something was wrong two months ago," he said. "Star Chen Xin Feihong a Wang surnamed manager told reporters that two months ago when the wages, the boss did not give." The reason is to send a merger with the House, such as merger, the funds came in. Staff believe that there will be no problems in a few days, but not until the agreed March 5 final settlement wage date, the company's top of the total withdrawal.

Since then, employees have repeatedly called the company's top executives, and the phone is mostly unanswered. Occasionally connected, the other side still said waiting for the money to come in. Mr. Wang said that more than 100 employees did not pay their salaries. And they have been informed that the company in Zhejiang Province, Jiangsu Province, has not operated for several days. A franchisee in Beijing said the company was already in a state of paralysis before the Spring Festival and is no longer open.

Company: Phone is never connected

At the same time, the reporter found that there have been more than online users of the news that the star morning rush to break the capital, facing closure. Some netizens even provided a message from the president of the company: "The company dissolved, Ali 70 million, my 50 million lost all the light." Now the customer's more than 20 million money franchisee illegal occupation, also can not return. More than 1400 employees have no wages for two months, I have gone bankrupt. Business has lost money, now the company is losing, I implore you to bear together, in this, sincerely to everyone say: sorry. ”

The reporter tried to contact with President Chen Ping, confirmed that the message content is true and false, but the telephone has been in unobstructed state, but no answer.

At the same time, the reporter tried to log in to the morning of the official website, found that the page no longer exists, call the company's customer service phone, was told that the number could not be connected.

According to the insider said, the star morning is located in Yangpu District, Shanghai, a network of People Jing Road, has withdrawn the shop recruit, its branch in Qingpu is also deserted. "Since last December, the company has been showing signs of abnormal operation. From the beginning of the period, the rebate time dragged on, and headquarters finance has been unable to contact. ”

Investor: Alibaba remains silent

It is reported that the star morning anxious to send the founder of one of the founders Chen Ping, has been due to Alibaba Group "involvement" has been concerned. March 2010, the morning of the star in Beijing announced the successful financing, the introduction of Alibaba Group as a strategic investor.

October 2011, the Beijing star Morning Express and Shenzhen Xin Feihong Express Co., Ltd. merged, the firm for the "star morning Rush" Xin Feihong. Data show that the company's 2011 total net turnover amounted to 750 million yuan, with more than 150 operations and distribution centers, more than 3,800 outlets, 28,100 employees, motor vehicles 5000 units, Motorcycles 19000 units, daily processing volume of 130,000 votes.

Alibaba Group declined to comment after the news of the closure came after the morning rush.

Industry experts: Join and expand or failure

"Chen Ping from the house after the exit, did not timely summary to small small express transformation too quickly caused the loss of home, hurried to venture again." "China Express Logistics Consulting Network experts pointed out that Chen Ping's failure to join the understanding of the problem, one-sided view of the franchise model operating risk is small, small investment scale, rapid expansion, the implementation of the franchise model and the integrity of the level of evaluation, resulting in a number of decision-making errors."

"Star morning is the choice of the franchisee strength is very weak, more than 50% of the franchisee joined the 2 Express brand, the quality of service can not be effectively protected, there have been dozens of times the network to carry funds to escape the claim and internal theft and other incidents." According to the expert analysis, Chen Ping in order to quickly form the star morning Emergency network system and the need for financing, mergers and acquisitions of Xin Feihong, the results did not meet the purpose of refinancing, thus speeding up the two merger after the collapse of the process.

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